Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Nine Months Ended December 31, 2021
(Based on Japanese GAAP)
February 1, 2022
Company name:
The Chukyo Bank, Limited
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

8530
President

URL

https://www.chukyo-bank.co.jp/
Hideo Kobayashi

Inquiries:

Executive Officer and General Manager ,General Planning and Administration

Hisashi Sebayashi

Department
Scheduled date to file Quarterly Securities Report:

February 8, 2022

Scheduled date to commence dividend payments:
Trading accounts:–No

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:YesNoTEL

052-249-1613(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toOrdinary income
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen%
Nine months ended December 31, 2021
23,590(2.6)
4,528
58.3
2,357
36.4
Nine months ended December 31, 2020
24,2077.72,860 (16.7)
1,728 (22.6)
Earnings per share

Diluted earnings per shareYen
108.36
79.63

Nine months ended December 31, 2021
Nine months ended December 31, 2020

Yen
107.7679.11(2) Consolidated financial position
Total assets
As of December 31, 2021
As of March 31, 2021

Net assets

Millions of yen
2,356,558
2,107,003

Equity ratio

Millions of yen
110,530
110,691%
4.6
5.2

2. Cash dividends
Annual dividends per share

Year ended March 31, 2021
Year ending March 31, 2022

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––Yen
20.00
20.00

Yen––

Yen
20.00

Yen
40.00

20.00

40.00

Year ending March 31, 2022 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changes

Full year

Profit attributable toOrdinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen%
Yen
3,800
4.6
1,900 (18.6)
87.35

1

4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2021
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

Yes
No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2021

21,780,058 shares As of March 31, 2021

21,745,958 shares

Number of treasury shares at the end of the period
As of December 31, 2021

4,800 shares As of March 31, 2021

30,473 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2021

21,759,266 shares Nine months ended December 31, 2020

221,703,680 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2021

As of December 31, 2021

AssetsCash and due from banks

92,026367,990

Securities
Loans and bills discounted

430,763
1,535,869

425,737
1,523,455

Foreign exchangesOther assets

15,931
15,2886,777
18,221

Tangible fixed assets
Intangible fixed assets

18,4191,814

17,956
1,645

Retirement benefit asset
Deferred tax assets

2,943
387

3,342
348

Customers' liabilities for acceptances and guarantees
Allowance for loan losses

2,813(9,255)

2,682(11,600)

2,107,003

2,356,558

1,891,435

1,870,480

Negotiable certificates of deposit
Call money and bills sold

5,310
–

5,310
39,000Cash collateral received for securities lent
Borrowed money–
56,30080,544
221,500

Foreign exchanges
Bonds payable225,000

27
5,000

Other liabilities
Provision for bonuses

27,636622

15,561
316

149
149

99
134

Provision for contingent loss
Deferred tax liabilities

492
3,842

570
2,501

Deferred tax liabilities for land revaluation
Acceptances and guarantees

2,537
2,813

2,298
2,682

1,996,311

2,246,027

31,84431,87923,99435,211

24,02937,181(78)(11)

Total shareholders' equity

90,97393,079Valuation difference on available-for-sale securities

14,393

12,466

Deferred gains or losses on hedges
Revaluation reserve for land

(650)
5,407(358)
4,864

269

261

19,41917,233299

217

110,691

110,530

2,107,003

2,356,558

Total assets
Liabilities
Deposits

Retirement benefit liability
Provision for reimbursement of deposits

Total liabilities
Net assets
Share capital
Capital surplus
Retained earnings
Treasury shares

Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets

3Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)

Ordinary income
Interest income

Nine months ended

Nine months ended

December 31, 2020

December 31, 2021

24,207
14,63523,59014,363

9,957
4,597

10,195
3,915

3,930
2,888

4,434
942

2,752
21,346

3,850
19,061

763
177

621
115

Fees and commissions payments
Other ordinary expenses

1,527
2,369

1,530
587

General and administrative expenses
Other expenses

13,251
3,434

12,871
3,449

Interest on loans and discounts
Interest and dividends on securities
Fees and commissions
Other ordinary income
Other incomeOrdinary expenses
Interest expenses
Interest on deposits

Ordinary profit

2,860

4,528

Extraordinary income
Gain on disposal of non-current assets

6262580580

Extraordinary losses
Loss on disposal of non-current assets

293

2,138
10

Impairment losses
Other

26
–

1,250
877

Profit before income taxes

2,893

2,970

Income taxes - current
Income taxes - deferred

913
251

1,531(918)

Total income taxes

1,164

612

Profit

1,728

2,357

Profit attributable to owners of parent

1,728

2,357

4

Consolidated statements of comprehensive income (cumulative)(Millions of yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities accounted
for using equity method
Comprehensive income

Nine months ended

Nine months ended

December 31, 2020

December 31, 2021

1,728
4,617

2,357
(1,643)

4,721
(150)

(1,927)
291

45

(7)

0–

6,346

714

6,346

714

Comprehensive income attributable toComprehensive income attributable to owners of parent

5