Performance Highlights (YMFG)
Performance during the fiscal year ended March 31, 2018
Business Profits from Core Operations/
Ordinary Profits/Net Income (Three Banks)

Capital Adequacy Ratio (YMFG)
YMFG’s consolidated capital adequacy ratio (uniform

Business profits from core operations increased ¥13.1 billion

international standard) under Basel III was 13.29%. The totalyear on year, to ¥40.4 billion. This outcome stemmed from a

Tier 1 capital adequacy ratio and consolidated common equity

decrease in expenses compared with the previous fiscal year.

Tier I capital adequacy ratio were 13.29%.

Ordinary profits increased ¥3.6 billion, to ¥49.6 billion, andnet income attributable to owners of the parent amounted to¥36.6 billion.

14(Billions of yen)

53.4

50

46.0

13.29
13.64
13.29

12.72

11

36.6

31.8

28.4

13.91
13.37

13
12

49.6
40.4

37.0

4030

(%)

15

Business Profits from Core Operations
Ordinary Profits
Net income Attributable to Owners of the Parent
60

Capital Adequacy Ratio
Tier I Ratio

027.3

2016

2017

2018
(Basel III)20

Acquiring Treasury Stock

1002016

2017

Along with our earnings announcement on May 11,

2018

2018, we announced the acquisition of 15 million shares

Non-Performing Assets Based on the Financial
Revitalization Law (Three Banks)(maximum) of treasury stock. This move was to ensure sharesfor the possibility of conversion of convertible bonds (CBs)maturing in December 2018.

Doubtful Assets
Bankrupt and Quasi-Bankrupt Assets
Sub-Standard Loans
Non-Performing Loan Ratio(Billions of yen)

(%)

250

2.5

200

YMFG
1.25

1.62
1.33

150

105.9
100

0

9

91.3

42.8

50

1.24 YMFG
90.2

31.1

50.3

47.4

45.9

12.8

10.5

13.0
2018

YMFG Annual Report 201820172.0Treasury stock:
15 million shares
Acquired treasury stock
May 14–June 11

1.5+15 million shares

90.3

33.4

2016

March 31, 2018

1.0
0.5
0.0

June 30, 2018

Treasury stock:
30 million shares

Ratings for YMFG, Yamaguchi Bank andMomiji Bank

Deposit Balance (Three Banks)

Ratings for the Group companies were A (negative) for YMFG,A+ (negative) for Yamaguchi Bank and Momiji Bank.

¥9,385.1 billion including Negotiable Certificates of Deposit

The total deposit balance at term-end was ¥8,763.1 billion, or(NCDs). This came about because of the expansion of products
and services and steady marketing efforts based on solidcommunity relationships.

AAARating and Investment Information, Inc.

AA

(As of September 4, 2017)

A

YMFG

BBB

10,000

Yamaguchi BankB

A+ (negative)

CCC

9,262.7

9,385.1

2016

2017

2018

6,000

A+ (negative)C

9,526.1

8,000

Momiji BankCC(Billions of yen)

12,000A (negative)BB

Deposit Balance (Three Banks)

4,000
2,000
0

Note: The deposit balance includes the NCD balance.

Balance of Loans/Balance of Personal Loans (Three Banks)
The balance of loans at term-end was ¥7,178.4 billion, as a result of active efforts to live up to the trust placed in us by ourcustomers by meeting healthy demand for funds.
Balance of Loans
Balance of Loans in Japan
Balance of Loans to Small and Medium-Sized Businesses(Billions of yen)

8,000

6,471.5
6,000

6,437.1

6,740.3

4,000

3,755.2
58.3%

3,966.8
58.9%

7,149.8

1,200

1,210.0
18.7%

900

4,201.7
58.8%

1,307.1
19.3%

1,366.819.1%

600

2,0000(Billions of yen)
1,500

7,178.4

6,770.8

Balance of Personal Loans

3002016

2017

020182016

2017

2018

Note: The percentages of loans to small and medium-sized businesses and personal loans are calculated on the basis of the balance of loans in Japan.

Dividend Policy (YMFG)

Expected Performance for the Fiscal YearEnding March 31, 2019 (YMFG)We have continued to provide stable dividends to ourshareholders while securing profits and reinforcing financial

YMFG aims to achieve its consolidated ordinary profits ofhealth to maintain our credit strength.

¥39.0 billion and net income attributable to owners of theIn the year ended March 31, 2018, the dividend per share atparent of ¥26.0 billion.

term-end was ¥10. Combined with the interim dividend of ¥10
per share, the full-year dividend amounted to ¥20 per share.

Annual dividend per share(Interim dividend)

FY2015FY2016FY2017(Yen)
FY2018(Forecast)

15.0
(7.0)

18.0
(10.0)

20.0(10.0)

22.0(11.0)YMFG Annual Report 201810