Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Six Months Ended September 30, 2022
[Japanese GAAP]
November 14, 2022
Company name: The Hyakujushi Bank, Ltd.
Stock exchange listing: Tokyo
Code number: 8386
URL: https://www.114bank.co.jp/
Representative: Yujiro Ayada
Representative Director, President
Contact: Yuichi Oshima
Executive Officer and General Manager, Corporate Planning Division
Phone: 087-836-2721
Scheduled date of filing quarterly securities report: November 15, 2022
Scheduled date of commencing dividend payments: December 09, 2022
Trading Accounts: No
Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Six Months Ended September 30, 2022 (April 01, 2022 to September 30, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to owners of
Ordinary income
Ordinary profit
parent%Million yen%
Million yen%
Million yen
Six months ended
September 30, 2022
44,48421.2
8,766(10.5)
5,969(10.5)
September 30, 2021
36,707
5.4
9,791
6,667
(Note) Comprehensive income:Six months ended September 30, 2022:¥(11,396) million [-%]Six months ended September 30, 2021:¥
5,491 million [(75.1) %]Basic earnings
per share
Six months ended
September 30, 2022
September 30, 2021

Diluted earnings per
share
Yen

Yen

204.35226.11204.31226.04(2) Consolidated Financial Position
Total assets
Million yen
As ofSeptember 30, 2022
5,636,428
5,747,266
March 31, 2022
(Reference) Equity: As of September 30, 2022:
As of March 31, 2022:

Net assets

Capital adequacy ratio

Million yen¥¥

270,788284,336
270,766 million
284,315 million

%

4.8
4.9

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2022

-

30.00

-

40.00

70.00

Fiscal year ending March 31, 2023

-

35.00
35.00

70.00

Year-end

Fiscal year ending March 31, 2023

(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of the 2nd quarter (interim) dividend for the fiscal year ending March 31, 2023 :Commemorative dividend- yenSpecial dividend
- yen

Total

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023(April 01, 2022 to March 31, 2023)(% indicates changes from the previous corresponding period.)
Profit attributable toOrdinary income
Ordinary profit
Basic earnings per shareowners of parent
Million yen%

Million yen%

Million yen

%

Yen

8,000

(31.6)

276.62

Full year
82,00012.2
13,000(14.4)(Note) Revision to the financial results forecast announced most recently:
No* Notes:(1) Changes in significant subsidiaries during the six months ended September 30, 2022
(changes in specified subsidiaries resulting in changes in scope of consolidation):
New(Company name:
Exclusion:(Company name:No(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
September 30, 2022:
29,100,000 shares
March 31, 2022:
30,000,000 shares2) Total number of treasury shares at the end of the period:
September 30, 2022:
180,196 shares
March 31, 2022:
506,562 shares
3) Average number of shares during the period:
Six months ended September 30, 2022:
Six months ended September 30, 2021:

29,212,444 shares
29,487,906 shares))

(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the Six Months Ended September 30, 2022 (April 01, 2022 to September 30, 2022)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Ordinary income
Ordinary profit
Net income
Million yen%
Million yen%
Million yen%
Six months ended
September 30, 2022
39,96623.8
8,170(10.1)
5,628(9.8)
September 30, 2021
32,285
6.6
9,086
6,240
Basic earnings
per share
Six months ended
September 30, 2022
September 30, 2021

Yen

192.68211.64(2) Non-consolidated Financial Position
Total assets
Million yen
As ofSeptember 30, 2022
5,618,153
March 31, 2022
5,727,529(Reference) Equity: As of September 30, 2022:
As of March 31, 2022:

Net assets¥¥

Capital adequacy ratio
Million yen%

255,950
269,903
255,929 million
269,882 million

4.6
4.7

2. Non-consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023(April 01, 2022 to March 31, 2023)(% indicates changes from the previous corresponding period.)
Ordinary income
Full year

Ordinary profit

Net income

Basic earnings per share

Million yen%

Million yen%

Million yen%

Yen

72,00012.6

12,000(12.9)

7,500(30.6)

259.33※ This report is out of the scope of the audit by certified public accountants or independent audit firms.
※ Notes for using forecasts information, etc.
・The description of future performance of this report is based on information which is presently available and certain
assumptions which are considered to be reasonable, and it does not guarantee future performance. Please take note that future
performance may differ from forecasts.
・The Hyakujushi Bank, Ltd. falls under the category of “Specified Business Corporation” under Article 17-15-2 of the
Cabinet Office Ordinance Concerning Disclosure of Public Companies; accordingly, it has prepared its interim consolidated
financial statements and interim non-consolidated financial statements for the six months ended September 30, 2022.

Interim Consolidated Financial Statements
Interim Consolidated Balance Sheets(Million yen)
As of March 31,2022
AssetsCash and due from banks
Call loans and bills bought
Monetary claims bought
Trading securities
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investments in leases
Other assets
Tangible fixed assets
Intangible fixed assets
Retirement benefit asset
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money and bills soldCash collateral received for securities lent
Borrowed money
Foreign exchanges
Other liabilities
Provision for bonuses for directors (and other officers)
Retirement benefit liability
Provision for retirement benefits for directors (andother officers)
Provision for reimbursement of deposits
Provision for contingent loss
Provision for share-based compensation
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities

As of September 30,2022

1,115,997
9,730
28,445
1,274,877
3,159,889
6,236
21,26575,424
37,134
4,654
8,276
737
22,881(18,285)
5,747,266

1,014,813
2,172
29,02320
1,079,562
3,358,629
6,342
19,642
69,45036,736
4,459
8,829
1,277
23,375(17,908)
5,636,428

4,558,239
74,57623,254
12,696700,615
321
58,40057
208

4,605,372
79,246
51,612
14,141
520,322897
65,022
212

39

29

125
107
147
6,180
5,077
22,881
5,462,929

111
67
149
5,077
23,3755,365,639

(Million yen)
As of March 31,2022
Net assets
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for landRemeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets

37,32230,486
183,444(2,030)249,223
25,891
2,611
7,927(1,339)35,091
21
284,336
5,747,266

As of September 30,2022

37,32230,486
185,730(512)
253,026
10,173909
7,942(1,285)
17,74021
270,7885,636,428

Interim Consolidated Statements of Income and Comprehensive Income
Interim Consolidated Statements of Income (For the six months)(Million yen)
For the six months
ended September 30,2021
Ordinary income
Interest income
Interest on loans and discounts
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 profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to owners of parent

36,707
20,162
13,190
6,533
6,061
3,636
6,846
26,915
827
229
1,703
2,591
17,492
4,300
9,791
22
22
45
23
22
9,768
1,939
1,160
3,100
6,667
6,667

For the six months
ended September 30,2022
44,48422,93014,993
7,208
6,060
9,338
6,155
35,717
2,323
1,007
1,675
10,87016,934
3,913
8,766
26
26
66
39
26
8,727
1,889
868
2,757
5,969
5,969

Interim Consolidated Statements of Comprehensive Income (For the six months)(Million yen)
For the six months
ended September 30,2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans, net of tax
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent

For the six months
ended September 30,2022

6,667(1,176)
1,334(2,542)
31
5,491

5,969
(17,365)(15,718)(1,701)
53(11,396)

5,491(11,396)

Interim Consolidated Statements of Changes in Net Assets
For the six months ended September 30,2021(Million yen)
Shareholders' equity
Share capital
Balance at beginning of
periodCumulative effects ofchanges in accounting
policies
Restated balance

Capital surplus Retained earnings Treasury shares

37,32230,486

173,620(2,071)(97)
37,32230,486

173,523

Total
shareholders'equity239,357(97)(2,071)

239,260

Changes during period
Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
shares
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

(887)

(887)

6,667

6,667

(7)

(0)

(0)

43

36

(7)

(7)

-

-

5,766

42

5,808

37,32230,486179,289(2,029)245,068

Accumulated other comprehensive income
Total
Valuation
Remeasurements accumulated Share acquisition Total net assets
difference on Deferred gains or Revaluationrightsof defined benefit
otheravailable-for-sale losses on hedges reserve for landplanscomprehensive
securities
incomeBalance at beginning of
periodCumulative effects ofchanges in accounting
policies
Restated balance

42,595

2,720

7,928

(945)

4
42,5952,724

52,299

41

4
7,928

(945)

52,303291,699(93)

41291,605

Changes during period
Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
shares
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

(887)
6,667
(0)
36
(7)
1,334

(2,546)7

31(1,173)(19)(1,193)

1,334(2,546)7

31(1,173)

(19)

4,615

43,929

178

7,935

(913)

51,13021

296,220

For the six months ended September 30,2022(Million yen)
Shareholders' equity
Share capital
Balance at beginning of
periodCapital surplus Retained earnings Treasury shares

37,32230,486

183,444(2,030)Total
shareholders'equity249,223

Changes during period
Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesRetirement of treasury
stock
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period(1,183)(1,183)

5,969

5,969

(2,486)(1,000)(1,000)

31

31

2,486

-

(14)

(14)

-

-

2,285

1,517

3,803

37,32230,486

185,730(512)

253,026

Accumulated other comprehensive income
Total
Valuation
Remeasurements accumulated Share acquisition Total net assets
difference on Deferred gains or Revaluationrightsof defined benefit
otheravailable-for-sale losses on hedges reserve for landplanscomprehensive
securities
incomeBalance at beginning of
period25,891

2,611

7,927

(1,339)35,091

21

284,336

Changes during period
Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesRetirement of treasury
stock
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period(1,183)
5,969(1,000)31(14)(15,718)(1,701)

14

53(17,351)-(17,351)(15,718)(1,701)

14

53(17,351)-(13,548)

10,173909

7,942(1,285)

17,74021

270,788

Interim Non-consolidated Financial Statements
Interim Non-consolidated Balance Sheets(Million yen)
As of March 31,2022
AssetsCash and due from banks
Call loans
Monetary claims bought
Trading securities
Securities
Loans and bills discounted
Foreign exchanges
Other assets
Other
Tangible fixed assets
Intangible fixed assets
Prepaid pension costs
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money
Cash collateral received for securities lent
Borrowed money
Foreign exchanges
Other liabilities
Income taxes payable
Lease liabilities
Asset retirement obligations
Other
Provision for bonuses for directors (and other officers)
Provision for reimbursement of deposits
Provision for contingent loss
Provision for share-based compensation
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities

As of September 30,2022

1,115,873
9,730
28,445
1,276,457
3,164,842
6,236
71,73071,73033,716
3,400
10,20022,881(15,985)
5,727,529

1,014,669
2,172
29,02320
1,081,118
3,363,994
6,342
65,74865,74833,356
3,224
10,67623,375(15,568)
5,618,153

4,566,258
82,07623,254
12,696689,342
321
48,539232
930
219
47,155
57
125
107
147
6,740
5,077
22,881
5,457,625

4,612,858
86,746
51,612
14,141
510,284897
56,871856
823
220
54,970
111
67
149
8
5,077
23,3755,362,202

(Million yen)
As of March 31,2022
Net assets
Share capital
Capital surplus
Legal capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for tax purpose reduction entry of
non-current assets
General reserve
Retained earnings brought forward
Treasury shares
Total shareholders' equity
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total valuation and translation adjustments
Share acquisition rights
Total net assets
Total liabilities and net assets

As of September 30,2022

37,322
24,92024,920173,550
12,402
161,148

37,322
24,92024,920175,494
12,402
163,092273

273

148,661
12,213(2,030)233,763
25,5792,611
7,927
36,11821
269,9035,727,529

153,661
9,158(512)
237,225
9,851
909
7,942
18,70321
255,950
5,618,153

Interim Non-consolidated Statements of Income(Million yen)
For the six months
ended September 30,2021
Ordinary income
Interest income
Interest on loans and discounts
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 profit
Extraordinary income
Extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit32,28520,28013,154
6,688
5,393
3,636
2,975
23,199
831
229
2,047
2,591
16,577
1,151
9,086
0
42
9,044
1,668
1,134
2,803
6,240

For the six months
ended September 30,2022
39,96623,057
14,960
7,368
5,325
9,338
2,244
31,796
2,323
1,007
2,013
10,87015,961
627
8,170
17
63
8,124
1,611
884
2,495
5,628

Interim Non-consolidated Statements of Changes in Net Assets
For the six months ended September 30,2021(Million yen)
Shareholders' equity
Capital surplus

Retained earnings
Other retained earnings

Share capital

Legal capitalsurplusReserve for tax
Total capital Legal retained
purposesurplusearnings
reduction entry General reserveof non-current
assetsBalance at beginning of
periodCumulative effects ofchanges in accounting
policies
Restated balance

37,32237,322

24,92024,92024,92024,92012,402

12,402273

273

148,661

148,661Retainedearnings
brought
forward

Total retained
earnings

3,244

164,581

(55)

(55)

3,189

164,526

(887)

(887)

6,240

6,240

(7)

(7)

(7)

(7)

Changes during period
Dividends of surplus
Provision of generalreserve
ProfitPurchase of treasury
shares
Disposal of treasury
shares
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

-

-

-

-

-

-

5,339

5,339

37,322

24,92024,92012,402

273

148,661

8,528

169,865

Valuation
Total
Deferred gains
Total valuationdifference on
Revaluation
Treasury shares shareholders'or losses on
and translation
available-for-salereserve for land
equityhedgesadjustments
securities

ShareacquisitionrightsTotal net assets

41

277,765

Shareholders' equity

Balance at beginning of
periodCumulative effects ofchanges in accounting
policies
Restated balance(2,071)

Valuation and translation adjustments

224,752

42,321(55)(2,071)

224,697

2,720

7,928

4
42,321

2,724

52,971
4

7,928

52,975(51)41

277,713

Changes during period
Dividends of surplus

(887)

(887)

Provision of generalreserve

-

-

6,240

6,240

(0)

(0)

(0)

43

36

36

(7)

(7)

ProfitPurchase of treasury
shares
Disposal of treasury
shares
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

1,294(2,546)

7(1,245)(19)(1,264)

42

5,381

1,294

(2,546)

7(1,245)

(19)

4,116

(2,029)230,079

43,615

178

7,935

51,73021

281,830

For the six months ended September 30,2022(Million yen)
Shareholders' equity
Capital surplus

Retained earnings
Other retained earnings

Balance at beginning of
periodShare capital

Legal capitalsurplus37,322

24,920Reserve for tax
Total capital Legal retained
purposesurplusearnings
reduction entry General reserveof non-current
assets24,92012,402

273

148,661Retainedearnings
brought
forward

Total retained
earnings

12,213

173,550(1,183)(1,183)(5,000)

-

5,628

5,628

(2,486)(2,486)

(14)

(14)

Changes during period
Dividends of surplus
Provision of generalreserve

5,000

ProfitPurchase of treasury
shares
Disposal of treasury
sharesRetirement of treasury
stock
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period

-

-

-

-

-

5,000

(3,055)

1,944

37,322

24,92024,92012,402

273

153,661

9,158

175,494

Valuation
Total
Deferred gains
Total valuationdifference on
Revaluation
Treasury shares shareholders'or losses on
and translation
available-for-salereserve for land
equityhedgesadjustments
securities

ShareacquisitionrightsTotal net assets

21

269,903

Shareholders' equity

Balance at beginning of
period(2,030)

Valuation and translation adjustments

233,763

25,579

2,611

7,927

36,118Changes during period
Dividends of surplus(1,183)(1,183)

Provision of generalreserve

-

-

5,628

5,628

(1,000)(1,000)(1,000)

31

31

31

2,486

-

-

(14)

(14)

ProfitPurchase of treasury
shares
Disposal of treasury
sharesRetirement of treasury
stock
Reversal of revaluation
reserve for land
Net changes in items
other than shareholders'equityTotal changes during
periodBalance at end of period(15,728)(1,701)

14(17,415)-(17,415)

1,517

3,462

(15,728)(1,701)

14(17,415)-(13,953)(512)

237,225

9,851

909

7,942

18,70321

255,950