This is the preliminary translation of the Japanese version Lawson Bank financial results provided by Lawson, Inc.

Financial Summaryfor the First Quarter of Fiscal Year 2019 Ended June 30, 2019
August 9, 2019
Lawson Bank, Inc. (https://www.lawsonbank.jp/)
I.

Financial Results Highlights(Financial figures are truncated to the unit stated)

1.

Results of Operation (Non-consolidated)

Total revenue
Net interest income
Net fees and commissions
Net provision of generalreserve for credit losses
General and administrativeexpenses
Ordinary business profits
Ordinary profits
Net income

2.

(Millions of Yen)
1Q FY2019 (3 months)
6,442-282
6,724-0
6,103
340565520

Balance Sheets (Non-consolidated)

Cash and due from banks
Loans
Other assets
Total assets
Deposits
Borrowed money
Other liabilities
Total liabilities
Total equity

1Q FY2019(As of June 30, 2019)
384,96410
76,109461,084
36,887345,000
57,524439,411
21,672

1(Millions of Yen)FY2018(As of March 31, 2019)319,744065,919385,664
14,840280,000
69,671
364,512
21,151

3.

Financial Ratios (Non-consolidated)
1Q FY2019 (3 months)
94.7%

Expense-to-revenue ratio(Millions of Yen)
1Q FY2019 (As of June 30, 2019)
Risk-weighted assets

74,531

Core capital

7,930

Capital adequacy ratio

10.64%

1Q FY2019 (As of June 30, 2019)
Number of ATM units installed

13,510Total number of banking accounts

35,6991Q FY2019 (3 months)
Total number of ATM usage (1,000s)

59,425

Average daily ATM usage (no. of times per day per unit)

48.3

Note:
1. Figures of total number of ATM usage are rounded off a number less than 1,000.
2. Figures of average daily ATM usage are rounded off to one decimal places.

1Q FY2019 (As of June 30, 2019)
Number of affiliated financial institutions (banks, companies,depositories)

117

Note: The JA Bank and JF Marine Bank are considered each as an institution depending on business categories.

2

II.

Financial Statements
1. Balance Sheets (Non-consolidated)(Financial figures are truncated to the unit stated)(Millions of Yen)FY20181QFY2019(As of March 31, 2019)(As of June 30, 2019)[Assets]
Cash and due from banks
Loans
Suspense payments in ATMs
Other assets
Tangible fixed assets
Intangible fixed assets
Reserve for credit losses
Total assets[Liabilities]
Deposits
Borrowed money
Suspense receipts of ATM
Other liabilities
Lease obligations
Accrued employees’ bonuses
Total liabilities[Equity]Common stock
Capital surplus
Retained earnings
Total shareholders’ equity
Total equity
Total liabilities and equity

3319,744
025,5199,731
16,87913,793-3385,664

384,964
10
34,67010,27917,417
13,745-3
461,084

14,840280,000
55,8182,494
11,186
172
364,51236,887345,000
43,3802,642
11,403
97439,411

11,60011,600-2,04821,151
21,151
385,664

11,60011,600-1,527
21,672
21,672
461,0842.

Statement of Income (Non-consolidated)

Ordinary income
Interest income
Interest on loans
Interest on call loans
Interest income on due from banks
Fees and commissions income
ATM commissions received
Other ordinary income
Ordinary Expenses
Interest expenses
Interest on deposits
Interest on call money
Interest on loans
Other interest expenses
Fees and commissions expenses
ATM installation commissions expenses
ATM commissions expenses
General and administrative expenses
Other ordinary expenses
Ordinary profit
Extraordinary profits
Other extraordinary profits
Extraordinary losses
Other extraordinary losses
Net income before income taxes
Income taxes
Income taxes, local inhabitant taxes and theenterprise taxes
Net income

4(Financial figures are truncated to the unit stated)(Millions of Yen)
1QFY2019(From April 1, 2019 to June 30, 2019)
8,802
-8
0-2
-7
8,552
8,534
258
8,237
273
00172
100
1,827
796
972
6,103
33
565
00
44561
40
40520