Financial Results for the Second Quarter of the Fiscal Year ending March 31, 2015
(Consolidated Data)
November 14, 2014

Company Name: Senshu Ikeda Holdings, Inc.
Stock Code:
8714
President and Representative Director:
For inquiries:
Scheduled date for filing quarterly securities report:
Scheduled date to commence dividend payments:
Segregated trading accounts:
Supplementary material on quarterly financial results:
Quarterly financial results presentation meeting:Stock exchange listing: Tokyo Stock Exchange
http://www.senshuikeda-hd.co.jp/
URL
Hirohisa Fujita
Koji Miyata, Director and General Manager of the Corporate Planning Division
Telephone: +81-6-4802-0013
November 28, 2014
None
None
Yes (Selected financial information)
Yes (Analysts, institutional investors)(Japanese yen amounts of less than 1 million and first decimal place have been rounded down)

1. Financial Results for the Second Quarter (Interim period) of the Fiscal Year ending March 31, 2015
(April 1, 2014 － September 30, 2014)(1) Consolidated Operating Results(%: Changes from previous fiscal year)
Ordinary revenue
Ordinary income
Net income
Million yen%
Million yen%
Million yen
Six Months ended
50,709
(5.8)
9,667
34.4
8,099
September 30, 2014
Six Months ended
53,856
(1.5)
7,189
46.4
5,650
September 30, 2013

%
43.3
45.1

Note: Comprehensive income: Six Months ended September 30, 2014: 18,426million yen [ －% ]Six Months ended September 30, 2013: 1,162million yen [(52.2%)]

Six Months ended
September 30, 2014
Six Months ended
September 30, 2013

Net income
per share
Yen

Diluted earnings per share
Yen

34.10

34.08

23.90

23.88

(2) Consolidated Financial Position

As of September 30, 2014
As of March 31, 2014

Total assets
Million yen
5,424,382
5,349,776

Total net assets
Million yen
210,508
196,397

Equity ratio
%
3.6
3.4

(Reference) capital: As of September 30, 2014:200,283million yen; As of March 31, 2014: 186,159million yen
Note: “Equity ratio” is calculated as: (Total net assets at the end of period － Stock subscription rights at the end of period － Minority interests at theend of period)/ Total assets at the end of period.

2. Dividends

Fiscal Year ended
March 31, 2014
Fiscal Year ending
March 31, 2015
Fiscal Year ending
March 31, 2015
(Forecasts)

First
Quarter
Yen

SecondQuarter
Yen

Annual Dividends
Third
Quarter
Yen

Year
End
Yen

－

0.00

－

15.00

15.00

－

0.00
－

15.00

15.00

Total
Yen

Note: Revisions of the forecasts from recently announced figures: No
Please refer to Cash Dividends for Shareholders of Classified Stock (unlisted) stated hereinafter for information on classified stock (unlisted)which has different rights relation from that of common stocks.

3. Financial Forecasts for the Fiscal Year ending March 31, 2015 (April 1, 2014－March 31, 2015)(%: Changes from corresponding period of previous fiscal year)
Ordinary revenue
Ordinary income
Net income
Net income per share
Millionyen%
Millionyen%
Millionyen%
Yen
Full Year
101,000(3.6)
19,50011.0
17,0002.3
63.93
Note: Revisions of the forecasts from recently announced figures: No

Note(1) Changes in significant subsidiaries during the second quarter of the fiscal year ending March 31, 2015 : None
(Changes in specific subsidiaries involving changes in the scope of consolidation)
Added －(company name)－
Excluded－(company name)－(2) Changes in accounting policies, changes in accounting estimates, and retrospective restatements(a) Changes in accounting policies due to revision of accounting standards etc. :Yes(b) Changes in accounting policies other than those noted in (a) above :None(c) Changes in accounting estimates :None(d) Retrospective restatements :None(3) Number of shares (common stock)(a) Number of shares in issue (including treasury stock)
As of September 30, 2014
As of March 31, 2014

238,458,632 shares
238,458,632 shares(b) Number of treasury shares
As of September 30, 2014
As of March 31, 2014

653,724 shares
1,269,294 shares(c) Average number of shares for the period under review (interim period)
Six months ended September 30, 2014
Six months ended September 30, 2013

237,505,341 shares
236,412,311 shares

(Reference) Overview of Non-Consolidated Financial Results
1. Non-consolidated Financial Highlights for the Second Quarter (Interim period) of the Fiscal Year ending March 31, 2015 (April 1,
2014－September 30, 2014)(1) Non-consolidated Operating Results(%: Changes from previous fiscal year)
Operating revenue
Operating income
Ordinary income
Net income
Millionyen%
Millionyen%
Millionyen%
Millionyen%
Six Months ended
5,867(44.5)
5,479(46.0)
5,451(46.1)
5,436(46.1)
September 30, 2014
Six Months ended
10,58574.8
10,162
78.8
10,11678.1
10,09178.0
September 30, 2013
Net income
per share
Yen

Six Months ended
September 30, 2014
Six Months ended
September 30, 2013

22.88
42.68

(2) Non-consolidated Financial Conditions
Total assets
Million yen
189,990
198,523

As of September 30, 2014
As of March 31, 2014

Total net assets
Million yen
188,709
187,814

Equity ratio
%
99.2
94.6

(Reference) Capital: As of September 30, 2014: 188,656million yen; As of March 31, 2014: 187,745million yen
Note: “Equity ratio” is calculated as: (Total net assets at the end of the period － Stock subscription rights at the end of period)/ Total assets at the endof the period.

2. Non-Consolidated Performance Forecasts for the Fiscal Year ending March 31, 2015 (April 1, 2014－March 31, 2015)(%: Changes from corresponding period of previous fiscal year)
Operatingrevenue
Operatingincome
Ordinary income
NetincomeNetincome per share
Full Year

Millionyen%

Millionyen%

Millionyen%

Millionyen

%

Yen

6,100

(44.4)

5,500(46.4)

5,400(46.0)

5,400(46.0)

15.12

Disclosure concerning the implementation status of audit proceduresThis report is exempt from audit procedures based upon the Financial Instruments and Exchange Act of Japan. As of this report’s
publication, audit procedures of consolidated and non-consolidated financial statements have not been completed as stipulated under
the provisions of the Financial Instruments and Exchange Act.
Cautionary statement with respect to earnings forecasts, and disclaimer
This report contains projections and other forward-looking statements which are based on currently available information and certain
assumptions that the Senshu Ikeda Holdings considers to be reasonable. Various factors may cause actual results to be materiallydifferent from projections in these forward-looking statements.

Consolidated Financial Statements(1) Consolidated Balance Sheet(Unit: Millions of yen)
As of March 31, 2014

As of September 30,
2014

AssetsCash and due from banks
Call loans and bills bought

215,658775

258,697
511

Monetary claims bought
Trading account securities

1,128
122

93
146

Money held in trust
Securities

27,0001,375,525

27,912
1,379,933

Loans and bills discounted
Foreign exchange assets

3,602,329
5,529

3,628,410
7,273

Other assets
Tangible fixed assets

61,28238,44758,97938,340Intangible fixed assets
Net defined benefit assets

8,045
6,496

7,246
8,769

Deferred tax assets
Customers’ liabilities for acceptances and guarantees

26,36619,992

23,757
18,618(38,923)
5,349,776(34,308)
5,424,382

Reserve for possible loan losses
Total assets
Liabilities
Deposits

4,580,769

4,664,236

Payables under securities lending transactions
Borrowed money

315,691
118,517275,505
133,485

Foreign exchange liabilities
Corporate bonds and notes

366
70,000503
70,000

Other liabilities
Provision for employees’ bonuses

45,146
1,678

47,651
1,875

Net defined benefit liability
Accrued retirement benefits for directors and corporate auditors

120
62

784
39

Reserve for reimbursement of deposits
Reserve for point services

328
170

482
195

Reserve for contingent losses
Reserve under special laws

379
0

367
0

Deferred tax liabilities
Negative goodwill

151
2

127
1

19,992
5,153,379

18,6185,213,874

Acceptances and guarantees
Total liabilities
Net Assets
Common stock

79,811

79,811

Capital surplus
Retained earnings

59,251
46,94959,20550,682

Treasury stock
Total shareholders’ equity(728)
185,284(375)
189,324

Net unrealized gain (loss) on available-for-sale securities
Net unrealized gain (loss) on deferred hedges

(147)
1

9,775
(6)

Remeasurements of defined benefit plans
Total accumulated other comprehensive income

1,020
875

1,189
10,958Stock subscription rights
Minority interests

68
10,16853
10,171

Total net assets
Total liabilities and net assets

196,397
5,349,776

210,508
5,424,382

(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income
Consolidated Statement of Income(Unit: Millions of yen)

Ordinary revenue
Interest income
Interest on loans and bills discounted
Interest and dividends on securities
Fees and commissions
Other ordinary income
Other income
Ordinary expenses
Interest expenses
Interest on deposits
Fees and commissions payments
Other ordinary expenses
General and administrative expenses
Other expenses
Ordinary income
Extraordinary income
Gain on disposal on non-current assets
Gain on negative goodwill
Extraordinary loss
Loss on disposal of non-current assets
Impairment loss
Loss on changes in equity interest
Income before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
Net income before minority interests
Minority interests
Net income

For the six months
ended Sep. 30, 2013
53,85631,32325,837
5,318
9,981
4,936
7,615
46,666
4,530
3,336
2,492
5,694
26,560
7,388
7,189
3
0
3
162
27
22
112
7,030
590
531
1,122
5,908
257
5,650

For the six months
ended Sep. 30, 2014
50,70929,982
24,351
5,414
10,4593,481
6,785
41,042
4,297
2,981
2,493
1,954
26,181
6,115
9,667
0
0
－
92
55
36
0
9,575
1,038
184
1,222
8,352
252
8,099

Consolidated Statement of Comprehensive Income(Unit: Millions of yen)

Net income before minority interests
Other comprehensive income
Net unrealized gain (loss) on available-for-sale securities
Net unrealized gain (loss) on deferred hedges
Remeasurements of defined benefit plans
Comprehensive income
Comprehensive income attributable to
Owners of the parent
Minority interests

For the six months
ended Sep. 30, 2013
5,908
(4,746)(4,750)4－
1,162

For the six months
ended Sep. 30, 2014
8,352
10,073
9,913
(8)
169
18,426894
267

18,182243

(3)Consolidated Statement of Changes in Net Assets
For the six months ended September 30, 2013
(Unit: Millions of yen)
Shareholders’ equity
Commonstock
Balance at the beginning ofcurrent period
Changes of items during period

72,311

Capitalsurplus62,235Retainedearnings

Treasurystock

35,431(1,350)

Increase by merger
Cash dividends

131(5,208)Net income
Acquisition of treasury stock

5,650

Disposal of treasury stock
Net changes in items otherthan shareholders’ equity
Total changes during the period
Balance at the end of current
periodBalance at the beginning ofcurrent period
Changes of items during period

Totalshareholders’equity168,627
131(5,208)

(48)

(1)

5,650
(1)

344

296

－

(48)

573

343

868

72,311

62,18736,004(1,007)

169,496

Accumulated other comprehensive incomeNetNet
unrealized
RemeasureTotal
Stockunrealized
ments ofaccumulated subscription
gain (loss)
gain (loss)
definedotheronrightsonbenefitcomprehensive
availabledeferredplansfor-saleincomehedgessecurities
7,808

0

－

7,809

63

Minority
interests

Total net
assets

8,888

185,389

Increase by merger

131

Cash dividends(5,208)Net income

5,650

Acquisition of treasury stock
Disposal of treasury stock
Net changes in items otherthan shareholders’ equity
Total changes during the period
Balance at the end of current
period(1)
296(4,760)4－(4,755)

(9)

1,236

(3,528)(4,760)4－(4,755)

(9)

1,236

(2,659)

3,048

5

－

3,053

54

10,125

182,729For the six months ended September 30, 2014
(Unit: Millions of yen)
Shareholders’ equity
Commonstock
Balance at the beginning ofcurrent period
Cumulative effect of change inaccounting policy
Balance at the beginning ofcurrent period which reflects
the change in accounting policy
Change of items during period
Cash dividends

79,811

CapitalsurplusRetainedearnings

59,251

46,949Balance at the beginning ofcurrent period
Cumulative effect of change inaccounting policy
Balance at the beginning ofcurrent period which reflects
the change in accounting policy
Change of items during period(728)

185,284

466
79,811

59,251466

47,415(728)

185,750(4,832)

Net income
Acquisition of treasury stock
Disposal of treasury stock
Net changes in items otherthan shareholders’ equity
Total changes during the period
Balance at the end of current
periodTotal
shareholders’equityTreasurystock(4,832)

8,099
(46)

(0)

8,099
(0)

354

308

－

(46)

3,267

353

3,574

79,811

59,20550,682(375)

189,324

Accumulated other comprehensive incomeNetNet
unrealized
RemeasureTotal
Stockunrealized
ments ofaccumulated subscription
gain (loss)
gain (loss)
definedotheronrightsonbenefitcomprehensive
availabledeferredplansfor-saleincomehedgessecurities
(147)

1

1,020

875

68

Minority
interests

Total net
assets

10,168196,397
466

(147)

1

1,020

875

68

10,168

196,863

Cash dividends(4,832)

Net income
Acquisition of treasury stock

8,099
(0)

Disposal of treasury stock
Net changes in items otherthan shareholders’ equity
Total changes during the period
Balance at the end of current
period

308
9,922

(8)

169

10,082(15)

210,070

9,922

(8)

169

10,082(15)

213,644

9,775

(6)

1,189

10,95853

10,171

210,508

Senshu Ikeda Holdings,Inc.

Selected Financial Information
for the First Half of FY2014(Six months ended September 30, 2014)

Senshu Ikeda Holdings,Inc.
【Contents】
Ⅰ

Second Quarter FY2014 Results (Financial Highlights)

1

Summary of Profit and Loss
(1) Senshu Ikeda Holdings(2) The Senshu Ikeda Bank
Information on Main Accounts(1) Deposits, Loans and Bills Discounted, Securities etc. (term-end
balance and average balance)(2) Assets under Management

3

Status of Credits disclosed under the Financial Revitalization Law

4Capital ratio(1) Senshu Ikeda Holdings(domestic standard)

2(2) The Senshu Ikeda Bank(domestic standard)
5

Consolidated
Non-consolidated

・・・・・・・・・・・・・・・・・・・・・・

1
1

Non-consolidated

・・・・・・・・・・・・

2・3

Non-consolidated

・・・・・・・・・・・・

4

Non-consolidated

・・・・・・・・・・・・

4

Consolidated
Non-consolidated
Consolidated

・・・・・・・・・・・

5

・・・・・・・・・・・

5

・・・・・・・・・・・

6

・・・・・・・・・・・

7

Consolidated
Non-consolidated
Non-consolidated
Non-consolidated
Non-consolidated
Non-consolidated
Non-consolidated
Non-consolidated

・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・

8
9・10
11
11
11
12
12
13

Consolidated
Non-consolidated
Consolidated

・・・・・・・・・・・

14

・・・・・・・・・・・

15

・・・・・・・・・・・・

16・17

・・・・・・・・・・・・

18

・・・・・・・・・・・・

18

Non-consolidated

・・・・・・・・・・・・

19

Non-consolidated

・・・・・・・・・・・・

20

Non-consolidated

・・・・・・・・・・・

21

Non-consolidated

・・・・・・・・・・・

22

FY2014 Financial Forecasts(Senshu Ikeda Holdings and The Senshu Ikeda Bank)(1) Senshu Ikeda Holdings(2) The Senshu Ikeda Bank

Ⅱ

Second Quarter FY2014 Results (Summary of Financial Results)

1

Summary of Profit and Loss
(1) Senshu Ikeda Holdings(2) The Senshu Ikeda Bank
Banking Profit
Interest Margins
ROE
Number of Directors and Employees, and Branches
Gains and Losses on Investment Securities
Net Unrealized Gains (Losses) on Securities
Capital Ratio(1) Senshu Ikeda Holdings(domestic standard)

2
3
4
5
6
7
8

(2) The Senshu Ikeda Bank(domestic standard)

Ⅲ

Overview of Loans and Bills Discounted

1

Risk Monitored Loans

2

Reserve for Possible Loan Losses

3

Reserve Ratios for Risk Monitored Loans

4

Status of Credits disclosed under the Financial Revitalization Law

5
6
7

Status of Coverage of Credits disclosed under the Financial
Revitalization Law
Classification of Loans by Industry
Self-assessment, Credits disclosed under the Financial
Revitalization Law and Risk Monitored Loans

Consolidated
Non-consolidated
Non-consolidated

Non-consolidated
Consolidated
Non-consolidated
Consolidated
Non-consolidated
Consolidated(Notes) Recorded amounts are rounded down to the nearest million yen.
The Senshu Ikeda Bank transferred a portion of loans to the business rehabilitation subsidiaries on March 25, 2013.
For this reason, with regard to loans and bills discounted, status of claims under the Financial Revitalization Law, risk monitored loans, andreserve for possible loan losses, the total amounts of The Senshu Ikeda Bank and two business rehabilitation subsidiaries are stated as well.

Senshu Ikeda Holdings,Inc.

I Second Quarter FY2014 Results (Financial Highlights)
1. Financial Results(1) Senshu Ikeda Holdings 【Consolidated】(Millions of yen)
For the six months
ended Sep. 30, 2014(a)

For the six months
ended Sep. 30, 2013(a)-(b)(b)

1

Ordinary revenue

50,709( 3,147)

53,8562

Ordinary expenses

41,042( 5,624)

46,666

3

Ordinary income

9,667

2,478

7,189

4

Income before income taxes and minority interests

9,575

2,545

7,030

5

Net income

8,099

2,449

5,650

6

Comprehensive income

18,426

17,264

1,162

7

Net credit costs

1,404( 609)

2,013(2) The Senshu Ikeda Bank 【Non-consolidated】
Gross profit increased by ¥715 million year-on-year to ¥31,549 million. This was mainly due to increase in net otheroperation income by ¥1,984 million following the improvement of net gains (losses) on debt securities, despite decrease of
net interest income by ¥1,641 million mainly due to decrease of interest on loans and discounts.
Banking profit (before provision for general reserve for possible loan losses) increased by ¥1,162 million year-on-year to¥8,444 million due to expenses decreased by ¥448 million to ¥23,104 million. Net credit costs decreased by ¥521 million
year-on-year to ¥864 million.
Ordinary income increased by ¥2,332 million year-on-year to ¥8,098 million, and net income increased by ¥2,083 million
year-on-year to ¥7,606 million.
(Millions of yen)
For the six months
ended Sep. 30, 2013

For the six months
ended Sep. 30, 2014(a)(a)-(b)(b)

31,549715

30,834

Net interest income

26,505( 1,641)

28,146

3

Net fees and commissions income

3,810

370

3,440

4

Net other operation income

1,233

1,984

(751)

23,104( 448)

23,552

11,025(471)

11,496

10,846( 171)

11,017

8,444

1,162

7,282

6,975

( 1,278)

8,253

1
2

5
6
7
8
9

Gross profit

Expenses(excluding non-recurring expenses)(-)
Personnel expenses (-)
Non-personnel expenses (-)
Banking profit (before provision for general reserve forpossible loan losses)
Core banking profit
Net gains (losses) on debt securities

1,469

2,439

(970)

11

Reversal of general reserve for possible loan losses(-)

447

4,105

(3,658)12

Banking profit

7,997( 2,943)

10,94013

Net non-recurring gains (loss)

101

5,275

(5,174)416( 4,627)

5,043

193

( 642)

835

10

14

Disposal of non-performing loans

15

Net gains (losses) on equity securities

①

②

16

Ordinary income

8,098

2,332

5,766

17

Net extraordinary income (loss)

(78)

( 44)

(34)

18

Income before income taxes

8,020

2,288

5,732

19

Total income taxes (-)

414

206

208

20

Income taxes-current (-)

256

486

(230)

21

Income taxes-deferred (-)

157( 281)

438

7,606

2,083

5,523

864

( 521)

1,385

22

Net income

23

Net credit costs ①+②- 1 -Senshu Ikeda Holdings,Inc.

2. Information on Main Accounts
The Senshu Ikeda Bank 【Non-consolidated】(1) Deposits, Loans and Bills Discounted and Securities etc. (term-end balance and average balance during the period)
The balance of deposits at the end of September 2014 increased by ¥124.5 billion from the end of September 2013 to¥4,698.4 billion, reflecting favorable trend of both individual and corporation deposits.
The balance of loans and bills discounted at the end of September 2014 increased by ¥59.6 billion from the end of
September 2013 to ¥3,610.1 billion mainly due to increase of corporate loans for local companies.

① Term-end balance(Millions of yen)
As of Sep. 30,
2014
(a)

As of Mar. 31,
2014(a)-(b)(a)-(c)As of Sep. 30,
2013

(b)

(c)

Deposits

4,698,476

81,142

124,5124,617,334

4,573,964

Loans and bills discounted

3,610,132

25,30559,681

3,584,827

3,550,451

Securities

1,403,767

4,390

133,490

1,399,377

1,270,277

18,974

52,682

3,617,071

3,583,363(Reference)
Including two business rehabilitation subsidiaries
Loans and bills discounted

3,636,045② Average balance(Millions of yen)
For the fiscal year
ended
Mar. 31, 2014

For the six months
ended Sep. 30, 2014(a)(a)-(b)(a)-(c)For the six months
ended Sep. 30, 2013

(b)

(c)

Deposits

4,619,427

63,702

65,6244,555,725

4,553,803

Loans and bills discounted

3,565,144

38,352

61,9503,526,792

3,503,194

Securities

1,377,854

33,90094,327

1,343,954

1,283,527(Reference 1) Breakdown of deposit balance (term-end balance)(Millions of yen)
As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

Individual

3,670,335

7,525

19,774

3,662,810

3,650,561

Corporation

1,028,140

73,616

104,738

954,524

923,402

General corporation

852,903

39,15180,054

813,752

772,849

Financial institutions

49,64826,55534,051

23,093

15,597

Governmental funds
Total
Foreign currency deposits

125,589

7,911( 9,367)

117,678

134,956

4,698,476

81,142

124,5124,617,334

4,573,964

63,410

7,668

10,83555,742

52,575- 2 -Senshu Ikeda Holdings,Inc.
(Reference 2) Breakdown of loan balance (term-end balance)
As of Sep. 30,
2014(a)Loans and bills discounted(a)-(b)(a)-(c)As of Mar. 31,
2014(Millions of yen)
As of Sep. 30,
2013

(b)

(c)

3,610,132

25,30559,681

3,584,827

3,550,451

Corporate loans

1,878,935

26,04961,734

1,852,886

1,817,201

Consumer loans

1,731,197( 743)( 2,052)

1,731,940

1,733,249

Housing loans

1,702,835

2,465

4,932

1,700,370

1,697,903

Other loans

28,361( 3,209)( 6,984)

31,57035,345(Millions of yen)

Including two business rehabilitation subsidiaries
As of Sep. 30,
2014
(a)

As of Mar. 31,
2014
(b)

(c)

3,636,045

18,974

52,682

3,617,071

3,583,363

Corporate loans

1,904,848

19,71854,735

1,885,130

1,850,113

Consumer loans

1,731,197( 743)( 2,052)

1,731,940

1,733,249

Housing loans

1,702,835

2,465

4,932

1,700,370

1,697,903

Other loans

28,361( 3,209)( 6,984)

31,57035,345Loans and bills discounted(a)-(b)(a)-(c)As of Sep. 30,
2013(Reference 3) Loans to small and medium-sized enterprises (SMEs), etc.
(Millions of yen, %)As of Mar. 31,
As of Sep. 30,
2014
2013

As of Sep. 30,
2014(a)Loans to SMEs, etc.

(a)-(b)(a)-(c)(b)(c)

2,865,776

18,097

29,147

2,847,679

2,836,629

79.38( 0.05)( 0.51)

79.43

79.89

Ratio of loans to SMEs, etc.

(Millions of yen, %)Including two business rehabilitation subsidiaries
As of Sep. 30,
2014(a)Loans to SMEs, etc.

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

2,891,690

11,767

22,1492,879,923

2,869,541

79.52( 0.10)( 0.55)

79.62

80.07

As of Mar. 31,
2014(Millions of yen)
As of Sep. 30,
2013

(b)

(c)

235,192

233,919

Ratio of loans to SMEs, etc.

(Reference 4) Loans guaranteed by Credit Guarantee Corporations
As of Sep. 30,
2014(a)Loans guaranteed by Credit
Guarantee Corporations(a)-(b)232,895(a)-(c)( 2,297)( 1,024)(Reference 5) Private placement bonds(guaranteed by Credit Guarantee Corporations, guaranteed by The Senshu Ikeda Bank)
As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014(Millions of yen)
As of Sep. 30,
2013

(b)

(c)

Private placement bonds guaranteed by
Credit Guarantee Corporations
Private placement bonds
guaranteed by The Senshu Ikeda Bank

1,610

168

( 279)

1,442

1,889

4,354

( 2,119)( 4,277)

6,473

8,631

Total

5,964

( 1,951)( 4,556)

7,915

10,520(Note) Private placement bonds are recorded at market value.

- 3 -Senshu Ikeda Holdings,Inc.
(2) Assets under Management
The balance of assets under management at the end of September 2014 including figures for Senshu Ikeda Tokai Tokyo
Securities, increased by ¥13.1 billion from the end of September 2013 to ¥291.3 billion due to diversification of investment
products based on the collaboration between banking and securities functions in our group.
① Investment products sales(Millions of yen)
For the six months
ended Sep. 30, 2014(a)

For the six months
ended Sep. 30, 2013(a)-(b)(b)

The Senshu Ikeda Bank

110,101( 16,577)

126,678

Investment trusts

68,726( 11,267)

79,993Public bonds

2,348

236

2,112

Life insurance

39,026( 5,546)

44,572Senshu Ikeda Tokai Tokyo Securities

20,888

Total

130,990

126,678(Note) Comparison figures for Senshu Ikeda Tokai Tokyo Securities have not been stated as it commenced operation in September,
2013.
② Balance of assets under management(Millions of yen)
As of Sep. 30,
2014
(a)

(a)-(b)The Senshu Ikeda Bank

235,232

Investment trusts
Public bonds(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

( 5,630)( 11,429)

240,862

246,661

191,06129( 3,442)

191,032

194,50344,170( 5,660)( 7,988)

49,83052,158Senshu Ikeda Tokai Tokyo Securities

56,146

11,78024,59444,36631,552

Total

291,378

6,149

13,164285,229

278,214

3. Status of Credits disclosed under the Financial Revitalization Law
The Senshu Ikeda Bank 【Non-consolidated】
The balance of credits disclosed under the Financial Revitalization Law at the end of September 2014 including two businessrehabilitation subsidiaries, decreased by ¥8.9 billion from the end of September 2013 to ¥72.7 billion. As a result,non-performing loans ratio at the end of September 2014 decreased by 0.27% from the end of September 2013 to 1.98%.
(Millions of yen, %)As of Sep. 30,
2014(a)Non-performing loans (A)Total credits (B)(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

57,513

6,696( 3,519)

50,81761,032

3,636,854

22,41553,6433,614,439

3,583,211

1.58

0.18

( 0.12)

1.40

1.70

Non-performing loans ratio (A)/(B)(Reference)
Including two business rehabilitation subsidiaries(Millions of yen, %)As of Sep. 30,
2014(a)Non-performing loans (A)Total credits (B)Non-performing loans ratio (A)/(B)(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

72,736

1,551( 8,971)

71,18581,707

3,662,769

16,08546,646

3,646,684

3,616,123

1.98

0.03

( 0.27)

1.95

2.25

- 4 -

Senshu Ikeda Holdings,Inc.

4. Capital Ratio
Consolidated capital ratio of Senshu Ikeda Holdings was 10.60%, sufficiently exceeding the 4% level required of banks
subject to domestic standards. Consolidated capital ratio of The Senshu Ikeda Bank also still sustained sufficient level.

(1) Senshu Ikeda Holdings(domestic standard)(Millions of yen)
As of Sep. 30,
2014(Preliminary figures)(a)-(b)(a)

As of Sep. 30,
2013

As of Mar. 31,
2014
(b)

Total capital ratio (%)

10.60

0.11

10.49

Total capital ratio (%)

11.21

Total capital(A)-(B)279,135

9,353

269,782

Tier Ⅰcapital

177,948

280,292

9,225

271,067

TierⅠratio(%)

7.20

Core capital (A)Adjustments (B)1,157

Risk weighted assets

2,633,344( 128)

1,285

62,071

2,571,273

Total capital
Risk weighted assets

277,0382,470,514(2) The Senshu Ikeda Bank(domestic standard)① Non-consolidated(Millions of yen)
As of Sep. 30,
2014(Preliminary figures)(a)-(b)(a)Total capital ratio (%)

(b)

9.81

0.12

9.69

256,375

8,553

247,822Core capital (A)256,772

8,521

248,251

Adjustments (B)

396

429

Risk weighted assets

2,613,384( 33)

Total capital(A)-(B)As of Sep. 30,
2013

As of Mar. 31,
2014

56,2762,557,108

Total capital ratio (%)

10.22

Tier Ⅰcapital

163,476

Risk weighted assets② Consolidated

251,538
2,458,951(Millions of yen)
As of Sep. 30,
2014(Preliminary figures)
11.08

As of Sep. 30,
2013

As of Mar. 31,
2014(a)-(b)(a)Total capital ratio (%)

6.64

TierⅠRatio(%)
Total capital

(b)
0.12

10.96

Total capital ratio (%)

11.15

292,493

8,867

283,626

Tier Ⅰcapital

177,694

Core capital (A)292,8908,835

284,055

TierⅠRatio(%)

7.15

Adjustments (B)

396

429

Risk weighted assets

2,638,924( 33)

Total capital(A)-(B)52,6252,586,299

Total capital
Risk weighted assets

276,855
2,482,053(Notes) Comparison with the previous capital adequacy requirement (Basel II) has not been conducted due to application of the
new capital adequacy requirement (Basel III) from March 31, 2014.

- 5 -Senshu Ikeda Holdings,Inc.

5. FY2014 Financial Forecasts (Senshu Ikeda Holdings and The Senshu Ikeda Bank)
Financial forecasts for FY2014 of Senshu Ikeda Holdings (consolidated): Ordinary revenue is ¥101 billion, ordinary income is¥19.5 billion, and net income is ¥17 billion.
Forecasts of cash dividends for FY2014: ¥15.00 per common stock, ¥1,020 divided by 18.5 per second-class preferred stock,and ¥70.70 per third-class preferred stock(1) Senshu Ikeda Holdings① Financial forecasts【Consolidated】(Millions of yen)
FY2014
Forecast

FY2013ResultOrdinary revenue

101,000

104,855

Ordinary income

19,50017,551

Net income

17,00016,604【Non-consolidated】(Millions of yen)
FY2014
Forecast

FY2013ResultOperating revenue

6,100

10,983Operating income

5,500

10,272

Ordinary income

5,400

10,000Net income

5,400

10,010② Cash dividends
FY2014
Forecast
Common stock
Second-class preferred stock
Third-class preferred stock

FY2013Result¥ 15.00¥ 15.00¥ 1,020 divided by 18.5

¥ 1,020 divided by 18.5

¥ 70.70(Note) Third-class preferred stock was issued by way of third party allotment on March 28, 2014, and as preferred dividends withthe record date of March 31, 2014 are not to be paid based on the rule upon issuance, information on such third-class preferredstock is not stated above.
③ Capital ratio(%)

Capital ratio(Consolidated)

As of Mar. 31, 2015

As of Sep. 30, 2014

As of Mar. 31, 2014

(Forecast)(Preliminary figures)(Result)

mid 10 range

- 6 -

10.60

10.49

Senshu Ikeda Holdings,Inc.
(2) The Senshu Ikeda Bank
① Financial forecasts【Non-consolidated】(Millions of yen)
FY2013

FY2014
Forecast

ResultOrdinary revenue

88,00092,884

Ordinary income

16,50013,517

Net income

15,00014,746

Banking profit
Banking profit(before reversal of (provision for)general reserve for possible loan losses)
Core banking profit

21,00018,08921,00013,021

20,50013,256

Net credit costs

4,000

1,887

② Capital ratio(%)
As of Mar. 31, 2015
(Forecast)

As of Sep. 30, 2014
(Preliminary figures)

As of Mar. 31, 2014
(Result)

Capital ratio (Non-consolidated)

Approx. 10

9.81

9.69

Capital ratio (Consolidated)

Approx. 11

11.08

10.96

- 7 -

Senshu Ikeda Holdings,Inc.

Ⅱ Second Quarter FY2014 Results (Summary of Financial Results)
1. Summary of Profit and Loss
(1) Senshu Ikeda Holdings 【Consolidated】〈Consolidated Statement of Operations and Consolidated Statement of Comprehensive Income〉
Consolidated Statement of Operations(Millions of yen)
For the six months
ended Sep. 30, 2014(a)

For the six months
ended Sep. 30, 2013(a)-(b)(b)

1Consolidated gross profits

35,178

1,655

33,523

2

Net interest income

25,684( 1,108)

26,792

3

Net fees and commissions income

7,966

477

7,489

4

Net other operation income

1,527

2,285

(758)

5

General and administrative expenses (-)

26,181( 379)

26,5606

Net disposal of nonperforming loans (-)

1,404( 609)

2,013

7

Provision for general reserve for possible loan losses (-)

341

5,054

(4,713)

8

Written-off loans (-)

1,747( 588)

2,335

9

Provision for specific reserve for possible loan losses (-)(65)( 5,035)

4,970

10

Provision for contingent losses (-)

(13)

( 6)

(7)

11

Gains (losses) on sales of non-performing loans (-)

12

( 5)

17

12

Recoveries of written off claims

720

22

698

13

Others (-)

102

( 6)

108

14

Net gains (losses) on equity securities

134( 666)

800

15Equity in earnings of affiliates

19

2

17

16

Others

1,919

497

1,422

17

Ordinary income

9,667

2,478

7,189

18

Net extraordinary income (loss)

(91)

67

(158)

19

Income before income taxes and minority interests

9,575

2,545

7,030

20

Total income taxes (-)

1,222

100

1,122

21

Income taxes-current (-)

1,038

448

590

22

Income taxes-deferred (-)

184( 347)

531

8,352

2,444

5,908

252

( 5)

257

8,099

2,449

5,650

23

Net income before minority interests

24

Minority interests(-)

25

Net income
Consolidated Statement of Comprehensive Income(Millions of yen)23

Net income before minority interests

8,352

2,444

5,908

26

Total other comprehensive income

10,073

14,819(4,746)(4,750)27

Net unrealized gain (loss) on available-for-sale securities

9,913

14,66328

Net unrealized gain (loss) on deferred hedges

( 8)

( 12)

4

29

Remeasurements of defined benefit plans

169

169

―

18,426

17,264

1,162

30

Comprehensive income(Note) Consolidated gross profit ＝(Interest income － Interest expenses)+(Fees and commissions － Fees and commissions payments)+(Other ordinary income － Other ordinary expenses)(Reference) Number of consolidated subsidiaries(Number of companies)
As of Sep. 30, 2014(a)

As of Mar. 31, 2014(a)-(b)(b)Consolidated subsidiaries

31

1

30

Affiliated companies accounted for by the equity method

3

―

3

- 8 -

Senshu Ikeda Holdings,Inc.

(2) The Senshu Ikeda Bank 【Non-consolidated】(Millions of yen)
For the six months
ended Sep. 30, 2014
(a)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

(a)-(b)(b)

31,54926,505
3,810
1,233
1,469
28,47024,109
3,797
563
560
3,078
2,395
12
670
908
23,104
11,025
10,846
1,232

715( 1,641)
370
1,984
2,439
( 1,202)( 2,136)
357
576
642
1,916
494
12
1,408
1,796
( 448)( 471)( 171)
194

30,83428,1463,440( 751)(970)
29,672
26,245
3,440
(13)
(82)
1,162
1,901
( 0)
( 738)(888)
23,552
11,496
11,017
1,038

8,444

1,162

7,282

6,975
1,469
447

( 1,278)
2,439
4,105

8,253
( 970)( 3,658)

Banking profit
Net non-recurring gains (losses)
Credit costs (-) ②
Written-off loans (-)
Provision for specific reserve for possible loan losses (-)
Provision for contingent losses (-)
Gains (losses) on sales of non-performing loans (-)
Recoveries of written-off claims
Others (-)
Net gains (losses) on equity securities
Gain on sales of equity securities
Loss on sales of equity securities (-)
Loss on write-down of equity securities (-)
Other non-recurring gains (losses)

7,997
101
416
464
28
( 13)
( 8)
157
102
193
237
6
37
324

( 2,943)
5,275( 4,627)( 315)( 4,362)
( 6)
3
( 59)
( 6)
( 642)( 846)( 239)
35
1,289

10,940( 5,174)
5,043
779
4,390
( 7)
( 11)
216
108
835
1,083
245
2
( 965)

Ordinary income
Net extraordinary income (loss)

8,098
( 78)

2,332
( 44)

5,766
(34)

44

Income before income taxes
Total income taxes (-)
Income taxes-current (-)
Income taxes-deferred (-)
Net income

8,020
414
256
157
7,606

2,288
206
486
( 281)
2,083

5,732
208
(230)
438
5,523

45

Net credit costs ①+②

864( 521)

1,385

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

Gross profit
Net interest income
Net fees and commissions income
Net other operation income
Net gains (losses) on debt securities
Domestic gross profit
Net interest income
Net fees and commissions income
Net other operation income
Net gains (losses) on debt securities
International gross profit
Net interest income
Net fees and commissions income
Net other operation income
Net gains (losses) on debt securities
Expenses (excluding non-recurring expenses) (-)
Personnel expenses (-)
Non-personnel expenses (-)
Miscellaneous taxes (-)

For the six months
ended Sep. 30, 2013

Banking profit (before provision for general reserve forpossible loan losses)
Core banking profit
Net gains (losses) on debt securities
Provision for general reserve for possible loan losses (-) ①- 9 -Senshu Ikeda Holdings,Inc.

(Reference) Structure of profits (For the six months ended Sep. 30, 2014)【Gross profit】［1］Gross profit ¥ 31.5 billion

Interest income¥30.7 billion
Interest on loans and bills discounted, interest anddividends on securities, etc.

－

Interest expenses¥ 4.2 billion
Interest on deposits, interest on bonds, etc.

［2］Net interest income＝¥ 26.5 billion＋

Fees and commissions¥ 8.0 billion
Fees and commissions income of investment
trusts, bank transfer fee, ATMs.

－

Fees and commissions payments¥ 4.2 billion
Loan guarantee charge, the charge of a groupcredit life insurance, etc.

［3］Net fees and commissions income＝¥ 3.8 billion＋

Other operating income¥ 3.2billion
Gains related to bonds, gains on foreign exchangetransactions, etc.

－

Other operating expenses¥ 2.0billion
Losses related to bonds, etc.

［4］Net other operating income＝¥ 1.2 billion【Banking profit (before provision for general reserve for possible loan losses), Core banking profit, Banking profit】［16］Expenses⇒［20］Banking profit (before provision forgeneral reserve for possible loan losses)¥ 8.4 billion¥ 23.1 billion

Personnel, non-personnel, taxes[1]－[16]［1］Gross profit¥31.5billion⇒［22］Net gains (losses) on debt securities¥ 1.4billion［21］Core banking profit¥6.9 billion［1]－[16]－[22]⇒［23］Provision for general reserve for¥0.4 billion
possible loan losses［24］Banking profit¥ 7.9 billion[1]－[16]－[23]【Ordinary income】
Non-recurring income＋［24］Banking profit¥ 7.9 billion¥2.2 billion
Gains on sales of equity securities＝

Non-recurring expenses¥2.1 billion－［38］Ordinary income¥8.0 billon

Disposal of non-performing loans, losses related tostocks, severance payment【Net income】［38］Ordinary income¥8.0 billion＋［39］Net extraordinary income (losses)(¥ 0.0 billion)－［42］Income taxes-current¥0.2 billion－［43］Income taxes-deferred¥ 0.1 billion

Impairment of non-current assets, etc.

- 10 -［44］Net income¥ 7.6 billion

Senshu Ikeda Holdings,Inc.

2. Banking Profit
The Senshu Ikeda Bank 【Non-consolidated】(Millions of yen)
For the six months
ended Sep. 30, 2014(a)

For the six months
ended Sep. 30, 2013(a)-(b)(1) Banking profit (before provision for generalreserve for possible loan losses)
Per head (thousands of yen )(2) Core banking profit
Per head (thousands of yen )(3) Banking profit
Per head (thousands of yen )

(b)

8,444

1,162

7,282

3,189

558

2,631

6,975

( 1,278)

8,253

2,634

( 347)

2,981

7,997

( 2,943)

10,9403,020( 932)

3,952

3. Interest Margins
The Senshu Ikeda Bank 【Non-consolidated】(%)
For the six months
ended Sep. 30, 2014(a)

For the six months
ended Sep. 30, 2013(a)-(b)All
Domestic
businessbusiness

Domestic
business

(A)

1.21

1.18

( 0.12)

(B)

1.35

1.36

0.93

(b)
All
business

Domestic
business( 0.12)

1.33

1.30

( 0.10)( 0.10)

1.45

1.46

0.73

( 0.14)( 0.19)

1.07

0.92

1.07

1.08

( 0.08)( 0.06)

1.15

1.14

1.12

1.07

( 0.05)( 0.06)

1.17

1.13

0.12

0.12

( 0.02)( 0.02)

0.14

0.14

0.99

0.95

( 0.03)(0.03)

1.02

0.98

0.56

0.64

( 0.39)(0.38)

0.95

1.02(3) Average interest rate spread (A)－(C)

0.14

0.10

( 0.04)(0.06)

0.18

0.16(4) Difference between average yield on loans
and deposits (B)－(D)

0.23

0.29

( 0.05)(0.04)

0.28

0.33(1) Average yield on interest earning
assets(i)Average yield on loans andbills discountedAllbusiness(ii)Average yield on securities(2) Average yield on interest bearing(C)liabilities(i)Average yield on deposits and(D)negotiable (including expenses)① Average yield on deposits andnegotiable② Expense ratio(ii)Average yield on external liabilities

4. ROEThe Senshu Ikeda Bank 【Non-consolidated】(%)
For the six months
ended Sep. 30, 2014(a)Banking profit (before provision for general reserve forpossible loan losses) basis
Banking profit basis

For the six months
ended Sep. 30, 2013(a)-(b)

(b)

9.39

0.93

8.46

8.89

( 3.82)

12.71

Core banking profit basis

7.76( 1.83)

9.59

Net income basis

8.46

2.05

6.41

- 11 -

Senshu Ikeda Holdings,Inc.

5. Number of Directors and Employees, and Branches
The Senshu Ikeda Bank 【Non-consolidated】① Employees and Officers(Number of people)
As of Sep. 30,
2014
(a)

(a)-(b)Directors and auditors(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

30

( 1)

( 1)

31

31

Employees

2,586

( 22)

( 115)

2,608

2,701

Total

2,616

( 23)

( 116)

2,639

2,732

Note: “Directors and auditors” includes executive officers“Employees” excludes employees temporarily seconded to other companies and temporary staff.

② Branches(Number of branches)
As of Sep. 30,
2014(a)Branches(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

134

‐

‐

134

134

5

‐

‐

5

5

Total

139

‐

‐

139

139

(Reference) ATMs

217

‐

‐

217

217

Sub-branches

6. Gains and Losses on Investment Securities
The Senshu Ikeda Bank 【Non-consolidated】(Millions of yen)
For the six months
ended Sep. 30, 2014(a)
Gains (losses) on debt securities

For the six months
ended Sep. 30, 2013(a)-(b)

(b)

1,469

2,439

( 970)

2,817( 1,653)

4,470

―

―

―

1,238

( 1,395)

2,633

Loss on redemption (-)

―

―

―

Loss on write-down (-)―( 2,808)

2,808

Loss by investment partnership (-)

110

110

―

Gain on sales
Gain on redemption
Loss on sales (-)(Millions of yen)
For the six months
ended Sep. 30, 2014(a)
Gains (losses) on equity securities

For the six months
ended Sep. 30, 2013(a)-(b)(b)

193( 642)

835

Gain on sales

237( 846)

1,083

Loss on sales (-)

6( 239)

245

Loss on write-down (-)

37

35

2

- 12 -

Senshu Ikeda Holdings,Inc.

7. Net Unrealized Gains (Losses) on Securities
The Senshu Ikeda Bank 【Non-consolidated】(1) Held-to-maturity debt securities (with market value)(Millions of yen)
As of Sep. 30, 2014
Government
bonds
Local government
bonds
Corporate
bonds
Other
Total

Carrying
value

Fair value

Difference

24,99725,048―

As of Mar. 31, 2014

Unrealized gain

Unrealized loss

Carrying
value

Fair value

Difference

50

50

―

24,99725,024

―

―

―

―

―

35,20635,341

134

134

―

26,00026,328328

361

86,20486,717512

545

Unrealized gain

Unrealized loss

26

26

―

―

―

―

―

45,40645,601

195

200

5

33

18,00018,321

321

321

―

33

88,403

88,946

542

548

5

Unrealized gain

Unrealized loss

As of Sep. 30, 2013
Carrying
value

Fair value

Difference

―

―

―

―

―

―

―

―

―

―

27,68827,964

275

275

―

17,00017,270

270

270

―

44,68845,234

545

545

―

(2) Available-for-sale securities (with market value)(Millions of yen)
Acquisition
cost
Equitysecurities
Bonds
Government
bonds
Local government
bonds
Corporate
bonds
Other
Total

As of Sep. 30, 2014
Carrying
Difference
value
Unrealized gain

Unrealized loss

Acquisition
cost

As of Mar. 31, 2014
Carrying
Difference
value
Unrealized gain

Unrealized loss

47,16571,48924,32425,753

1,429

47,72962,294

14,564

16,912

2,348

606,949

608,892

1,943

1,978

35

615,986

617,750

1,763

1,880

117

286,502286,886

384

385

1

294,110294,290

179

194

14

58,926

59,101

175

180

5

53,47853 642

163

173

9

261,520

262,904

1,383

1,412

28

268,398

269,818

1,420

1,512

92

617,860

605,990(11,870)

3,752

15,622

614,151

600,230(13,920)

2,297

16,217

1,271,976

1,286,373

14,396

31,48417,0881,277,868

1,280,275

2,407

21 09018,683Acquisition
cost

Carrying
value

Difference

Unrealized gain

Unrealized loss

54,456

74,691

20,234

22,6862,451

645,318

646,883

1,565

1,845

279

349,389

349,424

35

149

114

57,921

58,111

190

204

14

238,007239,346

1,339

1,490

150

488,899473,131(15,768)

1,766

17,534

1,188,674

1,194,706

6,031

26,297

20,266

As of Sep. 30, 2013- 13 -

Senshu Ikeda Holdings,Inc.

8. Capital Ratio(1) Senshu Ikeda Holdings (domestic standard)(Millions of yen)
As of Sep. 30,
2014(Preliminary
figures)(a)

As of Mar. 31,
2014(a)-(b)As of Sep. 30,
2013

(b)

Total capital ratio (%)

10.60

0.11

10.49

Total capital(A)-(B)279,135

9,353

269,782

Tier IcapitalCore capital (A)280,292

9,225

271,067

Tier IRatio (%)

7.20

149,084

8,890

140,194

TierⅡcapital

100,440

16,510346

16,164TierⅡRatio (%)

40,000―40,000General reserve for possible
loan losses

18,24772,471―

72,471Hybrid debt capital instruments

85,0001,157( 128)

1,285

Deductions

2,806

2,633,344

62,071

2,571,273

Deduction

1,351

105,333

2,483

102,850

Total capital

277,038

Common stock,internal reserves, etc.
General reserve forpossible loan losses
Qualified previous noncumulative
perpetual preferred stock
Qualified previous
capital raising instruments
Deduction (B)Risk weighted assets
Required capital

Total capital ratio (%)

Risk weighted assets- 14 -

11.21
177,9484.06

2,470,514

Required capital

98,820(Reference)
Deferred tax assets on balance
sheet
Deferred-tax-asset ratio which
accounts for Tier I (%)

27,658
15.54

Senshu Ikeda Holdings,Inc.

(2) The Senshu Ikeda Bank (domestic standard)① Non-consolidated(Millions of yen)
As of Sep. 30,
2014(Preliminary
figures)(a)

Total capital ratio (%)
Total capital(A)-(B)Core capital (A)Common stock,internal reserves, etc.
General reserve forpossible loan losses
Qualified previous noncumulative
perpetual preferred stock
Qualified previous
capital raising instruments
Deduction (B)Risk weighted assets
Required capital

As of Mar. 31,
2014(a)-(b)As of Sep. 30,
2013

(b)

9.81

0.12

9.69

Total capital ratio (%)

256,375

8,553

247,822

TierⅠcapital

256,772

8,521

248,251

TierⅠRatio (%)

6.64

175,823

8,072

167,751

TierⅡcapital

89,159

6,459

447

6,012

―

―

74,488

－

7,421

―

74,488Hybrid debt capital instruments

85,000

396

( 33)

429

Deductions

3,261

2,613,384

56,2762,557,108

Deduction

1,096

104,5352,251

102,284

Total capital

251,538

98,358(Reference)
Deferred tax assets on balance
sheet
Deferred-tax-asset ratio which
accounts for Tier Ⅰ(%)

25,867

As of Mar. 31,
2014(a)-(b)

(b)

11.08

0.12

10.96

Total capital(A)-(B)292,493

8,867

283,626

TierⅠcapitalCore capital (A)292,8908,835

284,055

TierⅠRatio (%)

183,270

8,544

174,726

TierⅡcapital

16,510346

16,164TierⅡRatio (%)

Total capital ratio (%)

11.15
177,694
7.15
100,512
4.04

―

―

―

General reserve for possible
loan losses

91,996―91,996

Hybrid debt capital instruments

85,000

396

( 33)

429

Deductions

2,735

2,638,924

52,6252,586,299

Deduction

1,351

105,556

2,105

103,451

Total capital

276,855

Risk weighted assets(Notes)15.82

As of Sep. 30,
2013

Total capital ratio (%)

Required capital

2,458,951(Millions of yen)
As of Sep. 30,
2014(Preliminary
figures)(a)

Risk weighted assets

3.62

Required capital② Consolidated

Deduction (B)163,476

TierⅡRatio (%)
General reserve for possible
loan losses

Risk weighted assets

Common stock,internal reserves, etc.
General reserve forpossible loan losses
Qualified previous noncumulative
perpetual preferred stock
Qualified previous
capital raising instruments

10.22

18,2482,482,053

Required capital

99,282(Reference)
Deferred tax assets on balance
sheet
Deferred-tax-asset ratio which
accounts for Tier Ⅰ(%)

27,645
15.55

1. Comparison with the previous capital adequacy requirement (Basel II) has not been conducted due to application of the new capital
adequacy requirement (Basel III) from March 31, 2014.
2. Required capital is an amount calculated by multiplying 4% to risk-weighted assets.

- 15 -

Senshu Ikeda Holdings,Inc.

Ⅲ Overview of Loans and Bills Discounted
1. Risk Monitored Loans
The Senshu Ikeda Bank
① Non-consolidated

Loans to bankrupt borrowers
Delinquent loans
Loans past due three months or more
Restructured loans
Total

As of Sep. 30,
2014
(a)
4,261
41,998119
10,79057,169(Note) Amount of partial direct write-off
As of Sep. 30, 2014:Loans to bankrupt borrowers
As of Mar. 31, 2014:Loans to bankrupt borrowers
As of Sep. 30, 2013:Loans to bankrupt borrowers

Loans and bills discounted

Ratio of total loans
and bills discounted

Loans to bankrupt borrowers
Delinquent loans
Loans past due three months or more
Restructured loans
Total

As of Sep. 30,
2014(a)3,610,132
As of Sep. 30,
2014
(a)
0.11
1.16
0.00
0.29
1.58

(a)-(b)1,062( 997)
119
6,526
6,710
14,491million yen
14,762million yen
15,730 million yen(a)-(b)25,305(a)-(b)0.03( 0.03)
0.00
0.18
0.18

(a)-(c)8( 7,971)
119
4,556( 3,289)
Delinquent loans
Delinquent loans
Delinquent loans(a)-(c)59,681(a)-(c)―( 0.24)0.00
0.12( 0.12)As of Mar. 31,
2014
(b)
3,199
42,995―
4,264
50,459(Millions of yen)
As of Sep. 30,
2013
(c)
4,253
49,969―6,234
60,45844,858million yen
43,747million yen
36,231million yen
As of Mar. 31,
2014(b)3,584,827

As of Sep. 30,
2013(c)3,550,451

As of Mar. 31,
2014
(b)
0.08
1.19
―
0.11
1.40

(%)
As of Sep. 30,
2013
(c)
0.11
1.40
―
0.17
1.70

As of Mar. 31,
2014
(b)
3,199
60,920―6,706
70,827(Millions of yen)
As of Sep. 30,
2013
(c)
4,253
68,168―
8,711
81,133(Reference)
Including two business rehabilitation subsidiaries

Loans to bankrupt borrowers
Delinquent loans
Loans past due three months or more
Restructured loans
Total

As of Sep. 30,
2014
(a)
4,261
54,840119
13,171
72,392(Note) Amount of partial direct write-off
As of Sep. 30, 2014:Loans to bankrupt borrowers
As of Mar. 31, 2014:Loans to bankrupt borrowers
As of Sep. 30, 2013:Loans to bankrupt borrowers

Loans and bills discounted

Ratio of total loans
and bills discounted

Loans to bankrupt borrowers
Delinquent loans
Loans past due three months or more
Restructured loans
Total

As of Sep. 30,
2014(a)3,636,045
As of Sep. 30,
2014
(a)
0.11
1.50
0.00
0.36
1.99

(a)-(b)1,062( 6,080)
119
6,465
1,565
14,491million yen
14,762million yen
15,730million yen(a)-(b)18,974(a)-(b)0.03( 0.18)
0.00
0.18
0.04
- 16 -(a)-(c)8( 13,328)
119
4,460( 8,741)
Delinquent loans
Delinquent loans
Delinquent loans(a)-(c)52,682(a)-(c)―( 0.40)0.00
0.12( 0.27)48,286million yen
44,005million yen
38,111million yen
As of Mar. 31,
2014(b)3,617,071

As of Sep. 30,
2013(c)3,583,363

As of Mar. 31,
2014
(b)
0.08
1.68
―
0.18
1.95

(%)
As of Sep. 30,
2013
(c)
0.11
1.90
―
0.24
2.26

Senshu Ikeda Holdings,Inc.

② Consolidated
As of Sep. 30,
2014(a)Loans to bankrupt borrowers
Delinquent loans
Loans past due three months or more
Restructured loans
Total

5,300
56,208119
13,171
74,799(Note)Amount of partial direct written-off
As of Sep. 30, 2014:Loans to bankrupt borrowers
As of Mar. 31, 2014:Loans to bankrupt borrowers
As of Sep. 30, 2013:Loans to bankrupt borrowers(a)-(b)1,300( 5,965)
119
6,465
1,918
15,801million yen
15,940million yen
17,023million yen(a)3,628,410(a)-(b)19,081

Ratio of total loans
and bills discounted(Notes)Loans to bankrupt borrowers
Delinquent loans
Loans past due three months or more
Restructured loans
Total(a)-(b)
0.14
1.54
0.00
0.36
2.06

0.03
( 0.18)
0.00
0.18
0.05

(b)

(c)

167
( 13,841)
119
4,460( 9,094)

4,000
62,173―
6,706
72,881

Delinquent loans
Delinquent loans
Delinquent loans

5,133
70,049―8,711
83,89349,248million yen
46,040million yen
40,298million yen
As of Mar. 31,
2014

As of Sep. 30,
2013

(b)
3,609,329(c)
3,575,029

As of Mar. 31,
2014

(%)
As of Sep. 30,
2013

(b)

(c)

(a)-(c)53,381

As of Sep. 30,
2014
(a)

(Millions of yen)
As of Sep. 30,
2013(a)-(c)As of Sep. 30,
2014
Loans and bills discounted

As of Mar. 31,
2014(a)-(c)―( 0.41)0.00
0.12( 0.28)

0.11
1.72
―
0.18
2.01

0.14
1.95
―
0.24
2.34

1. Risk monitored loans are calculated in accordance with Ordinance for Enforcement of the Banking Act, and it should be noted that the disclosed amountof risk-monitored loans does not represent irrecoverable amounts as such loans are disclosed regardless of its securitization by collaterals and guarantees.
2. Loans to bankrupt borrowers:
Loans to bankrupt borrowers represent non-accrual loans to borrowers who are legally bankrupt as defined in Articles 96-1-3 and 96-1-4 of the Order for
Enforcement of the Corporation Tax Act (the “Tax Act”).
3. Delinquent loans:
Delinquent loans represent non-accrual loans other than (i) loans to bankrupt borrowers and (ii) loans on which interest payments have been suspended inorder to assist or facilitate the restructuring of borrowers who are experiencing financial difficulties.
4. Loans past due three months or more:
Loans past due for three months or more represent loans on which the payment of principal and/or interest has not been received for three months ormore from the due date, and which are not classified as “loans to bankrupt borrowers” or “delinquent loans.”
5. Restructured loans:
Restructured loans are loans which have been restructured to support the rehabilitation of borrowers who are encountering financial difficulties, with theintention of ensuring the recovery of the loans by providing more flexible repayment terms for the borrowers (such as reducing the rate of interest or
suspending the payment of principal/interest, etc.) or loans which are not classified in any of the above categories.

- 17 -

Senshu Ikeda Holdings,Inc.

2. Reserve for Possible Loan Losses
The Senshu Ikeda Bank
① Non-consolidated(Millions of yen)
As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

Reserve for possible loan losses

17,188(1,000)(8,127)18,18825,315General reserve for possible loan losses

6,459

447

(962)

6,012

7,421

Specific reserve for possible loan losses

10,728(1,448)(7,166)

12,176

17,894(Reference)
Including two business rehabilitation subsidiaries(Millions of yen)
As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

Reserve for possible loan losses

27,779(4,271)(11,017)

32,05038,796

General reserve for possible loan losses

11,706851(477)

10,855

12,183Specific reserve for possible loan losses

16,072(5,122)(10,540)

21,194

26,612② Consolidated(Millions of yen)
As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

Reserve for possible loan losses

34,308(4,616)(12,873)

38,92447,181

General reserve for possible loan losses

16,510346(1,738)16,164

18,248Specific reserve for possible loan losses

17,797(4,962)(11,136)

22,75928,933As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

3. Reserve Ratios for Risk Monitored Loans
The Senshu Ikeda Bank
① Non-Consolidated(%)
As of Sep. 30,
2014
(a)

(a)-(b)30.06

Reserve ratios(5.98)(a)-(c)(11.81)

36.04

41.87

(Reference)
Including two business rehabilitation subsidiaries(%)
As of Sep. 30,
2014
(a)

(a)-(b)38.37

Reserve ratios(6.88)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

(9.44)

45.25

47.81

② Consolidated(%)
As of Sep. 30,
2014(a)Reserve ratios(a)-(b)45.86( 7.54)(Note) Reserve Rations = Reserve for possible loan losses / Risk monitored loans- 18 -(a)-(c)(10.38)

As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)
53.40

56.24

Senshu Ikeda Holdings,Inc.

4. Status of Credits Disclosed under the Financial Revitalization Law
The Senshu Ikeda Bank【Non-consolidated】(Millions of yen, %)As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

Bankruptcy and quasi-bankrupt credit

8,490

226

(1,266)

8,264

9,756

Doubtful credit

38,114(175)(6,926)38,28945,040Substandard credit

10,909

6,645

4,675

4,264

6,234

Subtotal (A)57,513

6,696(3,519)50,81761,032

Normal credit

3,579,340

15,71957,162

3,563,621

3,522,178

Total(B)3,636,854

22,41553,6433,614,439

3,583,211

1.58

0.18

(0.12)

1.40

1.70

59,725830

7,145

58,89552,580Non-performing loans ratio (A)/(B)Partial direct write-off(Reference)
Including two business rehabilitation subsidiaries(Millions of yen, %)As of Sep. 30,
2014
(a)

(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

Bankruptcy and quasi-bankrupt credit

9,265

225

(1,264)

9,040

10,529Doubtful credit

50,180(5,258)(12,286)

55,43862,466

Substandard credit

13,290

6,584

4,579

6,706

8,711

Subtotal (A)72,736

1,551(8,971)

71,18581,707

Normal credit

3,590,032

14,53455,616

3,575,498

3,534,416

Total(B)3,662,769

16,08546,646

3,646,684

3,616,123

1.98

0.03

(0.27)

1.95

2.25

63,153

4,001

8,693

59,152

54,460Non-performing loans ratio (A)/(B)Partial direct write-off(Notes)Credits:
Credits represent loans and bills discounted; Foreign exchanges; Accrued income and suspense payment account under Other assets; and Customers’ liabilities
for acceptances and guarantees in the Balance Sheet; as the securities loaned (limited for use agreements or lease contracts,) which are required to be stated in anote to the Balance Sheet.
Bankruptcy and quasi-bankrupt credit:
Bankruptcy and quasi-bankrupt credits represent the credits held by borrowers who have been classified as “bankrupt borrowers” and “effectively bankrupt
borrowers” by the Bank’s self-assessment.
Doubtful credit:
Doubtful credits represent the credits held by borrowers who have been classified as “potentially bankrupt borrowers” by the Bank’s self-assessment.
Substandard credit:
Substandard credits represent the credits held by borrowers who have been classified as “loans past due three months or more” and “restructured loans” among
the credits requiring special caution. (Borrowers requiring special caution: Borrowers who have concerns in lending conditions, exercising their obligations andfinancial situation, requiring special caution on their future situations.)
Normal credit:
Normal credits represent the credits held by borrowers who show no particular problems regarding financial conditions and business performances; therefore
they are classified as an item other than the aforementioned credits.

- 19 -

Senshu Ikeda Holdings,Inc.

5. Status of Coverage of Credits disclosed under the Financial Revitalization Law
The Senshu Ikeda Bank 【Non-Consolidated】(Millions of yen, %)As of Sep. 30,
2014(a)Coverage amount (C)(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

52,866

6,400(2,325)46,46655,191

Reserve for possible loan losses

12,973( 559)(6,846)

13,532

19,819Collateral and guarantees

39,893

6,959

4,522

32,93435,371

91.91

0.48

1.49

91.43

90.42

Coverage ratio(C)/(A)Status of Coverage of Credits of Borrowers Classification (As of Sep. 30, 2014)(Millions of yen, %)Credit amount

CoverageamountCollateral andguarantees
7,640

Coverage ratio

24,954

90.99

Bankruptcy and quasi-bankrupt credit

8,490

8,490

Reserve for possible
loan losses
849

Doubtful credit

38,11434,683

9,729

Substandard credit

10,909

9,693

2,394

7,298

88.84

Total

57,51352,866

12,97339,89391.91

100.00(Reference)
Including two business rehabilitation subsidiaries(Millions of yen, %)As of Sep. 30,
2014(a)Coverage amount (C)(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

64,214

1,214( 7,787)

63,00072,001

Reserve for possible loan losses

19,141( 4,271)( 10,198)

23,412

29,339Collateral and guarantees

45,073

5,486

2,411

39,58742,66288.28( 0.22)

0.16

88.50

88.12

Coverage Ratio (C)/(A)Status of Coverage of Credits of Borrowers Classification (As of Sep. 30, 2014)(Millions of yen, %)Credit amount

CoverageamountBankruptcy and quasi-bankrupt credit

9,265

9,265

Doubtful credit

50,18043,947

14,842

29,105

87.57

Substandard credit

13,29011,001

3,217

7,783

82.77

Total

72,73664,214

19,14145,07388.28- 20 -

Collateral andguarantees
8,184

Coverage ratio

Reserve for possible
loan losses
1,080

100.00Senshu Ikeda Holdings,Inc.

6. Classification of Loans by Industry
The Senshu Ikeda Bank 【Non-consolidated】(Millions of yen)
As of Sep. 30,
2014(a)Domestic(excluding JOM account)(a)-(b)(a)-(c)As of Mar. 31,
2014

As of Sep. 30,
2013

(b)

(c)

3,610,132

25,30559,681

3,584,827

3,550,451

342,879

2,153

10,922

340,726

331,957

1,076( 292)( 356)

1,368

1,432

Fishery

49

( 50)

( 20)

99

69

Mining, quarrying and gravel
extraction

190

( 44)

( 19)

234

209

Construction

77,147( 703)

1,667

77,85075,480Electricity, gas, heat and watersupply13,246

1,484

2,309

11,762

10,937

Information and communication

14,930297

2,832

14,63312,098Transportation and postal activities

75,7181,598( 276)

74,12075,994Wholesale and retail trade

243,577

14,172

21,268229,405

222,309

Finance and insurance activities

169,758

6,491

14,623

163,267

155,135

Real estate and rental activities

496,51218,47020,405

478,042476,107

10,066

584

532

9,482

9,534

21,292( 52)

342

21,344

20,950Life related services and entertainment

12,256( 353)( 1,166)

12,60913,422

Education and study support
activities

7,205( 384)

583

7,589

6,622

Medical and welfare

38,995

2,871

6,379

36,12432,616

Other services

63,339

1,621

3,571

61,71859,768

Local governments

226,443( 12,469)( 10,700)

238,912

237,143

1,795,443( 10,091)( 13,210)

1,805,534

1,808,653

Manufacturing
Agriculture and forestry

Academic research, professional
and technical services
Accommodation and foodservice activities

Others- 21 -

Senshu Ikeda Holdings,Inc.

7.

Self-assessment, Credits Disclosed under the Financial Revitalization Law and Risk Monitored Loans
The Senshu Ikeda Bank 【Non-consolidated】(As of Sep. 30, 2014)(Billions of yen, %)Borrower classification under self-assessment guidelines(Credit exposures)
Credit-related loans including loans and bills discounted

Classification
Outstanding
loans

Bankrupt
4.2
Effectively
bankrupt

Category
CategoryⅠ

1.0

1.5

Category
Ⅱ
3.2

2.6

4.2
Potentiallybankrupt

22.6

12.0

38.1
Requiring
specialcautionCategoryⅢ

Category
Ⅳ

―

―

(0.1)

(―)

―

―

(0.6)

(0.0)

Watch list

Classification
Outstanding
loans

Classification

Outstandingbalance of loans

Loans tobankrupt
borrowers

4.2

Delinquent
loans

41.9

Loans past due threemonths or more

0.1

Restructured loans

10.7

Total

57.1

7.6

(9.7)

38.1

11.4

Reserve

Coverage
ratio

0.8

100.00

8.4

Substandard
1.6

Secured or
guaranteed

Bankruptcy andquasi-bankrupt

Doubtful

24.9

9.7

90.99

7.2

2.3

88.84

10.9
Subtotal
39.8

72.0

12.9

91.91

57.5

94.7

Normal166.8
Normal

Risk monitored loans

3.4

13.0
Other
borrowers
requiring
cautionClaims disclosed under the Financial
Revitalization Law (Credit exposure)
Substandard credit represents loans andbills discounted
Other represents credit-related loans
including loans and bills discounted

3,579.3

3,410.2

Ratio of NPLs (subtotal) pursuant
to the disclosure standards ofthe Financial Revitalization Law
to total credit: 1.58%

Ratio of risk managed loans tototal loans: 1.58%

3,410.2
Total
3,636.8(Notes)

1.
2.
3.

4.

3,509.2

124.2

3.4

―

(10.5)

(0.0)

Total
3,636.8

Loans and bills
discounted

3,610.1

Japanese yen amounts are rounded down to the nearest billion yen.
Credit-related loans including loans and bills discounted represents loans and bills discounted; Foreign exchanges; Accrued income and suspense
payment account under Other assets; and Customers’ liabilities for acceptances and guarantees in the Balance Sheet; as the securities loaned(limited for use agreements or lease contracts,) which are required to be stated in a note to the Balance Sheet.
The figures in the parentheses under Borrower classification under self-assessment guidelines represent reserved amounts for classified loans.

CategoryⅠ

Claims secured by reserve for possible loan losses, superior guarantee reserved by Credit Guarantee Corporation.

Category Ⅱ:

Claims secured by general collateral or guarantee such as mortgage collateral.

Categories Ⅲ and Ⅳ:

All or part of claims are secured, and claims already secured are posted as Category Ⅰ.

“( )” in “Borrower classification under self-assessment guidelines (Credit exposures)” represent reserved amounts for classified loans.

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