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, 2021
[Japanese GAAP]
November 12, 2021
Company name: The Chugoku Bank, Limited
Stock exchange listing: Tokyo
Code number: 8382
URL: https://www.chugin.co.jp/
Representative: Sadanori Katoh
President
Contact: Masakazu Yamagata
Executive Officer General Manager,Management Planning Department
Phone: 086-223-3111
Scheduled date of filing quarterly securities report: November 26, 2021
Scheduled date of commencing dividend payments: December 07, 2021
Trading Accounts: No
Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Six Months Ended September 30, 2021 (April 01, 2021 to September 30, 2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to owners of
Ordinary revenues
Ordinary profit
parentMillion yen%
Million yen%
Million yen%
Six months ended
September 30, 2021
60,594
5.3
15,20027.0
10,17923.7
September 30, 2020
57,498(9.8)
11,967
(7.5)
8,226
(4.8)
(Note) Comprehensive income:Six months ended September 30, 2021:¥
18,184 million [(36.6) %]Six months ended September 30, 2020:¥
28,706 million [85.7%]
Basic earnings
per share
Six months ended
September 30, 2021
September 30, 2020

Diluted earnings per
share
Yen

Yen

54.35
43.74

54.28
43.70

(2) Consolidated Financial Position
Total assets
Million yen
As ofSeptember 30, 2021
9,885,477
March 31, 2021
9,153,162(Reference) Equity: As of September 30, 2021:
As of March 31, 2021:

Net assets

Capital adequacy ratio

Million yen¥¥

576,808
562,197
576,572 million
561,980 million

Net assets per share

%

Yen

5.8
6.1

3,084.75
2,988.31

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2021

-

11.00

-

12.00

23.00

Fiscal year ending March 31, 2022

-

11.50
11.50

23.00

Year-end

Fiscal year ending March 31, 2022

(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, 2022 :Commemorative dividend- yenSpecial dividend
- yen

Total

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022(April 01, 2021 to March 31, 2022)(% indicates changes from the previous corresponding period.)
Profit attributable toOrdinary revenues
Ordinary profit
Basic earnings per shareowners of parent
Million yen%

Million yen%

Million yen%

Yen

17,900

24.1

96.38

Full year
116,000(0.2)
25,10018.1(Note) Revision to the financial results forecast announced most recently:
Yes* Notes:(1) Changes in significant subsidiaries during the six months ended September 30, 2021
(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, 2021:
195,272,106 shares
March 31, 2021:
195,272,106 shares2) Total number of treasury shares at the end of the period:
September 30, 2021:
8,361,751 shares
March 31, 2021:
7,213,056 shares
3) Average number of shares during the period:
Six months ended September 30, 2021:
Six months ended September 30, 2020:

187,273,984 shares
188,059,580 shares))

(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the Six Months Ended September 30, 2021 (April 01, 2021 to September 30, 2021)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Ordinary revenues
Six months ended
September 30, 2021
September 30, 2020

Ordinary profit

Net income

Million yen%

Million yen%

Million yen%

51,86949,1485.5(12.4)

14,348
11,111

29.1
(9.2)

9,737
7,791

24.9
(7.4)

Basic earnings
per share
Six months ended
September 30, 2021
September 30, 2020

Yen

51.99
41.43

(2) Non-consolidated Financial Position
Total assets

Net assets

Million yen
As ofSeptember 30, 2021
9,854,206
March 31, 2021
9,122,688(Reference) Equity: As of September 30, 2021:
As of March 31, 2021:

Capital adequacy ratio

Million yen¥¥

557,878
544,007557,641 million
543,790 million

Net assets per share

%

Yen

5.6
5.9

2,983.47
2,891.59

2. Non-consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022(April 01, 2021 to March 31, 2022)(% indicates changes from the previous corresponding period.)
Ordinary revenues
Full year

Ordinary profit

Net income

Basic earnings per share

Million yen%

Million yen%

Million yen%

Yen

98,300(0.7)

23,10021.2

16,600

27.6

89.38

株式会社中国銀行

Interim Consolidated Financial Statements
Interim Consolidated Balance Sheets(Million yen)
As of March 31,2021
AssetsCash and due from banks
Call loans
Monetary claims bought
Trading securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investments in leases
Other assets
Tangible fixed assets
Intangible fixed assets
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
Liabilities
Deposits
Negotiable certificates of deposit
Call money
Securities sold under repurchase agreements
Cash collateral received for securities lentCommercial papers
Borrowed money
Foreign exchanges
Bonds payable
Borrowed money from trust account
Other liabilities
Provision for bonuses
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 point card certificates
Reserves under special laws
Deferred tax liabilities
Acceptances and guarantees
Total liabilities

As of September 30,2021

1,000,773
125,878
21,485
1,148
27,3002,618,039
5,135,435
8,333
24,291
162,723
38,7662,437
809
32,031(46,291)
9,153,162

1,608,870
327,020
20,6501,256
28,5432,560,725
5,149,735
7,597
24,798
127,590
38,0691,916
820
34,415(46,531)9,885,477

7,499,830
167,189
71,293
129,640
172,747
54,228286,194289
10,0004,857
143,853
1,332
27
6,624

7,468,804
248,927
85,653
105,348
511,325
54,826645,577825
10,000
5,917
114,973
1,378
5,720

67

41

307
88
6
10,35432,0318,590,965

159
109
6
14,656
34,415
9,308,669

株式会社中国銀行(Million yen)
As of March 31,2021
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
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets

15,1498,153
463,305(9,622)476,985
96,574(5,320)(6,258)84,994217
562,197
9,153,162

As of September 30,2021

15,1498,153
470,892(10,623)
483,571
104,694(5,817)(5,876)93,000236
576,808
9,885,477

株式会社中国銀行

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 30,2020
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
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 non-controlling interests
Profit attributable to owners of parent

57,49833,97023,155
10,46009,203
11,5982,725
45,531
3,916
416
1,453
6,186
28,598
5,375
11,967
1
1
143
70
72
11,825
4,058
(459)
3,598
8,226
8,226

For the six months
ended September 30,2021
60,59433,463
22,584
10,4800
9,588
13,705
3,836
45,393
2,544
334
1,479
9,731
27,9893,648
15,200
2
2
499
46
453
14,703
3,588
936
4,524
10,17910,179

株式会社中国銀行

Interim Consolidated Statements of Comprehensive Income (For the six months)(Million yen)
For the six months
ended September 30,2020
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 ofparentComprehensive income attributable to non-controllinginterests

For the six months
ended September 30,2021

8,226
20,47918,6501,370
458
28,706

10,179
8,005
8,120
(497)
381
18,18428,70618,184--

株式会社中国銀行

Interim Consolidated Statements of Changes in Net Assets
For the six months ended September 30,2020(Million yen)
Shareholders' equity

Balance at beginningof period
Changes during
periodDividends ofsurplusProfit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodShare capital

Capital surplus

15,1498,153

Retainedearnings

Treasury shares

Total
shareholders'equity(9,622)466,705

453,024(2,068)(2,068)

8,226

8,226
(0)

(0)

(0)

0

0

-

-

6,157

(0)

6,157

15,1498,153

459,182(9,622)472,862

Accumulated other comprehensive income
Total
Valuation
Remeasurements accumulated Share acquisition Total net assets
difference on Deferred gains orrightsof defined
otheravailable-for-sale losses on hedges
benefit plans comprehensive
securities
incomeBalance at beginningof period
Changes during
periodDividends ofsurplusProfit attributable toowners of parent
Purchase of treasury
shares
Disposal of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period62,987(11,456)(7,221)44,308179

511,193(2,068)8,226(0)018,6501,370

458

20,47918

20,497

18,6501,370

458

20,47918

26,655

81,638(10,086)(6,763)64,788197

537,849

株式会社中国銀行

For the six months ended September 30,2021(Million yen)
Shareholders' equity

Balance at beginningof period
Cumulative effects ofchanges in accounting
policies
Restated balance
Changes during
periodDividends ofsurplusProfit attributable toowners of parent
Purchase of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodShare capital

Capital surplus

15,1498,153

Retainedearnings

Treasury shares

Total
shareholders'equity(9,622)476,985

463,305(335)

15,1498,153

462,969(335)(9,622)476,649(2,256)(2,256)

10,17910,179(1,000)(1,000)

-

-

7,922

(1,000)

6,922

15,1498,153

470,892(10,623)

483,571

Accumulated other comprehensive income
Total
Valuation
Remeasurements accumulated Share acquisition Total net assets
difference on Deferred gains orrightsof defined
otheravailable-for-sale losses on hedges
benefit plans comprehensive
securities
incomeBalance at beginningof period
Cumulative effects ofchanges in accounting
policies
Restated balance
Changes during
periodDividends ofsurplusProfit attributable toowners of parent
Purchase of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period96,574(5,320)(6,258)84,994217

562,197(335)

96,574(5,320)(6,258)84,994217

561,861(2,256)
10,179(1,000)
8,120

(497)

381

8,005

19

8,024

8,120

(497)

381

8,005

19

14,947

104,694(5,817)(5,876)93,000236

576,808

株式会社中国銀行

Interim Non-consolidated Financial Statements
Interim Non-consolidated Balance Sheets(Million yen)
As of March 31,2021
AssetsCash and due from banks
Call loans
Monetary claims bought
Trading securities
Money held in trust
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
Securities sold under repurchase agreements
Cash collateral received for securities lentCommercial papers
Borrowed money
Foreign exchanges
Bonds payable
Borrowed money from trust account
Other liabilities
Income taxes payable
Lease obligations
Other
Provision for bonuses
Provision for retirement benefits
Provision for reimbursement of deposits
Provision for point card certificatesDeferred tax liabilities
Acceptances and guarantees
Total liabilities

As of September 30,2021

1,000,601
125,878
19,6781,148
23,0002,622,547
5,144,425
8,333
145,811
145,81136,811
2,328
3,037
32,031(42,943)
9,122,688

1,608,703
327,020
18,926
1,256
23,1432,565,358
5,158,469
7,597
111,181111,181
35,953
1,811
3,238
34,415(42,868)
9,854,206

7,511,357
177,189
71,293
129,640
172,747
54,228275,463289
10,0004,857
124,586
4,643
1,788
118,154
1,217
380
307
57
13,03332,031
8,578,681

7,479,183
259,927
85,653
105,348
511,325
54,826
634,005825
10,0005,917
95,944
2,496
1,679
91,768
1,258
235
159
77
17,22534,415
9,296,328

株式会社中国銀行(Million yen)
As of March 31,2021
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
Total valuation and translation adjustments
Share acquisition rights
Total net assets
Total liabilities and net assets

As of September 30,2021

15,1496,286
6,286
442,019
15,149426,869

15,1496,286
6,286
449,164
15,149434,015535

535

393,600
32,734(9,622)453,831
95,279(5,320)89,958217
544,007
9,122,688

403,600
29,879(10,623)459,977
103,482(5,817)
97,664236
557,878
9,854,206

株式会社中国銀行

Interim Non-consolidated Statements of Income(Million yen)
For the six months
ended September 30,2020
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securities
Trust fees
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
Profit49,14834,284
23,16910,772
0
9,717
2,412
2,733
38,037
3,904
416
1,453
591
27,068
5,019
11,111140
70
69
10,971
3,655
(475)
3,180
7,791

For the six months
ended September 30,2021
51,86933,905
22,595
10,9200
10,321
3,772
3,869
37,521
2,528
334
1,479
3,954
26,464
3,094
14,348
2
2
499
46
453
13,851
3,151
962
4,113
9,737

株式会社中国銀行

Interim Non-consolidated Statements of Changes in Net Assets
For the six months ended September 30,2020(Million yen)
Shareholders' equity
Capital surplus

Retained earnings

Share capital Legal capital Total capitalsurplussurplus

Balance at beginningof period
Changes during
periodDividends ofsurplusProfitPurchase of treasury
shares
Disposal of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period15,149

6,286

6,286

Other retained earnings
Reserve fortax purpose
Retained
reduction
Generalearnings
entry ofreservebrought
non-current
forwardassetsLegalretainedearnings

15,149535

393,600

23,863433,148(2,068)(2,068)

7,791

7,791

(0)

(0)

-

-

-

-

-

-

5,722

5,722

15,149

6,286

6,286

15,149535

393,600

29,586438,871

Valuation and translation adjustments
Valuation
Total
Share
DeferredTotal
difference
valuation acquisition
Treasurygains orshareholders'onandrightsshareslosses onequityavailable-for-saletranslation
hedgessecurities
adjustments

Total net
assetsShareholders' equity

Balance at beginningof period
Changes during
periodDividends ofsurplusProfitPurchase of treasury
shares
Disposal of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
periodTotal
retainedearnings(9,622)444,962

62,535(11,456)

51,078179

496,220(2,068)(2,068)

7,791

7,791

(0)

(0)

(0)

0

0

0
18,284

1,370

19,65418

19,672(0)

5,722

18,284

1,370

19,65418

25,395(9,622)450,684

80,819(10,086)

70,733

197

521,616

株式会社中国銀行

For the six months ended September 30,2021(Million yen)
Shareholders' equity
Capital surplus

Retained earnings

Share capital Legal capital Total capitalsurplussurplus

Balance at beginningof period
Cumulative effects ofchanges in accounting
policies
Restated balance
Changes during
periodDividends ofsurplus
Provision of generalreserve
ProfitPurchase of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period15,14915,149

6,286

6,286

6,286

6,286

Other retained earnings
Reserve fortax purpose
Retained
reduction
Generalearnings
entry ofreservebrought
non-current
forwardassetsLegalretainedearnings

15,14915,149535

535

393,600

393,600

10,000Total
retainedearnings

32,734442,019

(335)

(335)

32,398441,683(2,256)(2,256)(10,000)

-

9,737

9,737

-

-

-

-

-

10,000(2,518)

7,481

15,149

6,286

6,286

15,149535

403,600

29,879449,164

Valuation and translation adjustments
Valuation
Total
Share
DeferredTotal
difference
valuation acquisition
Treasurygains orshareholders'onandrightsshareslosses onequityavailable-for-saletranslation
hedgessecurities
adjustments

Total net
assetsShareholders' equity

Balance at beginningof period
Cumulative effects ofchanges in accounting
policies
Restated balance
Changes during
periodDividends ofsurplus
Provision of generalreserve
ProfitPurchase of treasury
sharesNet changes in
items other thanshareholders' equity
Total changes
during period
Balance at end of
period(9,622)453,831

95,279(5,320)89,958217(335)(9,622)(1,000)453,496544,007(335)

95,279(5,320)89,958217

543,671(2,256)(2,256)

-

-

9,737

9,737

(1,000)(1,000)
8,203

(497)

7,705

19

7,725

(1,000)

6,481

8,203

(497)

7,705

19

14,206(10,623)459,977

103,482(5,817)

97,664236

557,878