October 1, 2016
Company name: Mebuki Financial Group, Inc.
Representative: Kazuyoshi Terakado, President(Code number: 7167 First Section,
Tokyo Stock Exchange)
Notice regarding Earnings and Dividend Forecasts
for Fiscal Year 2016 Ending March 31, 2017
Mebuki Financial Group, Inc. (President: Kazuyoshi Terakado)( “Mebuki”) announces
its consolidated earnings and dividend forecasts for fiscal year 2016 ending March 31,2017 as follows:
Description
1. Consolidated Earnings Forecasts for FY2016 ending March 31, 2017
Unit: million yen
Ordinary Profit
FY2016(April 1, 2016 toMarch 31, 2017)(Note)

53,000Net Income
Attributable toOwners of theParent

Net Income per
Share155,000

163.21 yen

Mebuki and The Joyo Bank, Ltd. (“Joyo”) executed the share exchange which makes
Mebuki a wholly-owning company and Joyo a wholly-owned company in shareexchange on October 1, 2016. The share exchange corresponds to the reverse acquisition
under the Accounting Standard for Business Combination, and it is expected that thepurchase method will apply to the transaction under which Joyo is an acquiring company.
And it is expected that approximately 115 billion yen of extraordinary income isrecognized due to a gain on negative goodwill from the business integration. Therefore,
we announce newly consolidated earnings forecasts. It should be noted that
consolidated earnings forecasts are composed of the consolidated results of Joyo fromApril 1, 2016 to September 30, 2016 and of Mebuki from October 1, 2016 to March 31,
2017.

2. Year-end Dividend per Share Forecasts for FY2016
AnniversaryYear-end Dividends
Dividends

Total Dividends

Common Stock5.50 yen
1.00 yen
6.50 yen(Note) 1. Regarding the dividend in fiscal year 2016 ending March 31, 2017, considering
the consolidated earnings forecasts and financial situation, etc., in order toexpress the gratitude to shareholders upon the business integration, Mebuki
will conduct dividend of 6.50 yen per share, of which 5.50 yen per share will bepaid as year-end dividend, and of which 1.00 yen per share will be paid ascommemorative dividend.
2. Separately from the above, Joyo and Ashikaga Holdings Co., Ltd. willconduct interim dividend respectively for each shareholder registered on
September 30, 2016.
3.

Introduction of Shareholder Benefit Plan

(1) Purpose
To meet the support of shareholders, to increase the attraction of Mebuki 's shares, andto increase the number of shareholders, Mebuki will conduct the shareholder benefit
plan as well as Joyo has been doing.
It should be noted that it is a catalog gift plan that each shareholder choose a local
specialty etc., to return shareholders the fruits by means of the activation of the local
economy Mebuki’s group is aiming.
(2) Shareholders to be subjected
Shareholders recorded in the register of shareholders as of March 31 of every year andholding 1,000 shares or more at the record date.
(3)Contents of the plan
From a dedicated catalog that lists the local specialty etc., shareholders can choose eachfavorite specialty etc. depending on the number of shares held.
Number of shares held
Specialty etc. can be selected
Less than 5,000 shares and 1,000 shares or more
Equivalent to 2,500 yen
Less than 10,000 shares and 5,000 shares or more

Equivalent to 4,000 yen

10,000 shares or more

Equivalent to 6,000 yen
EndInquiries regarding this matter:
Corporate Planning Department Sasaki & Mimura

Tel: 029-300-2605