Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2021
(Based on Japanese GAAP)
August 3, 2021
Company name:
The Chukyo Bank, Limited
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

8530
President

URL

https://www.chukyo-bank.co.jp/
Hideo Kobayashi

Inquiries:

Managing Executive Officer and General
Manager , General Planning andMakoto Hayakawa

Administration Department
Scheduled date to file Quarterly Securities Report:

August 11, 2021

Scheduled date to commence dividend payments:
Trading accounts:–No

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

Yes
NoTEL

052-249-1613(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2021 (from April 1, 2021 to June 30, 2021)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toOrdinary income
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen%Three months ended June 30, 2021
6,613 (21.9)
955 311.6
359 107.5
Three months ended June 30, 2020
8,459
10.5
232 (62.3)
173 (60.7)
Earnings per share

Diluted earnings per share

Yen
16.54
8.00

Three months ended June 30, 2021
Three months ended June 30, 2020

Yen
16.45
7.94

(2) Consolidated financial position
Total assets

Net assets

Millions of yen
2,210,588
2,107,003

As of June 30, 2021
As of March 31, 2021

Equity ratio

Millions of yen
111,988
110,691%
5.0
5.2

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
20.00

Yen
–

Yen
20.00

Yen
40.00

20.00

–

20.00

40.00

Year ended March 31, 2021
Year ending March 31, 2022
Year ending March 31, 2022 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changesProfit attributable toOrdinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen%Yen
Six months ending
September 30, 2021
Full year

100(94.0)(1,500)–(69.10)0 (100.0)(2,500)–(115.17)

1

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2021
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2021

21,745,958 shares As of March 31, 2021

21,745,958 shares

Number of treasury shares at the end of the period
As of June 30, 2021

4,210 shares As of March 31, 2021

30,473 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2021

21,738,091 shares Three months ended June 30, 2020

221,680,208 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2021

As of June 30, 2021

AssetsCash and due from banks

92,026211,201

Securities
Loans and bills discounted

430,763
1,535,869

432,428
1,527,127

Foreign exchanges
Other assets

15,931
15,288

7,564
15,429Tangible fixed assets
Intangible fixed assets

18,4191,814

18,473
1,710

Retirement benefit asset
Deferred tax assets

2,943
387

3,076
376

Customers' liabilities for acceptances and guarantees
Allowance for loan losses

2,813(9,255)

2,597(9,400)2,107,003

2,210,588

1,891,435

1,887,582

Negotiable certificates of deposit
Cash collateral received for securities lent

5,310
–

5,310
46,725

Borrowed money
Foreign exchanges

56,30022

124,000
38

Bonds payable
Other liabilities

5,000
27,6365,000
19,389Provision for bonuses
Retirement benefit liability

622
149

335
129

Provision for reimbursement of deposits
Provision for contingent loss

149
492

144
467

Deferred tax liabilities
Deferred tax liabilities for land revaluation

3,842
2,537

4,391
2,488

Acceptances and guarantees

2,813

2,597

1,996,311

2,098,600

Share capital
Capital surplus

31,84423,994

31,84423,994Retained earnings
Treasury shares

35,211(78)

35,187(10)

Total shareholders' equity

90,97391,016

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

14,393(650)

15,852(703)

Revaluation reserve for landRemeasurements of defined benefit plans

5,407
269

5,295
267

Total accumulated other comprehensive income

19,41920,710299

260

Total assets
Liabilities
Deposits

Total liabilities
Net assets

Share acquisition rights
Total net assets
Total liabilities and net assets

3

110,691

111,988

2,107,003

2,210,588

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)

Ordinary income
Interest income

Three months ended

Three months ended

June 30, 2020

June 30, 2021
8,459
4,869

6,613
4,915

3,150
1,694

3,434
1,448

1,125
951

1,509
81

1,513
8,226

107
5,658

281
59

218
40

Fees and commissions payments
Other ordinary expenses

515
1,970

533
12

General and administrative expenses
Other expenses

4,493
966

4,433
460

232

955

–0–
544

0–

0544

Profit before income taxes

232

410

Income taxes - current
Income taxes - deferred1741

159(108)

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

Ordinary profit
Extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses

Total income taxes

5850

Profit173

359

Profit attributable to owners of parent

173

359

4

Consolidated statements of comprehensive income (cumulative)(Millions of yen)

ProfitOther comprehensive income

Three months ended

Three months ended

June 30, 2020

June 30, 2021
173
3,305

359
1,403

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

3,556(267)

1,458(52)Remeasurements of defined benefit plans, net of tax

15(2)

3,478

1,762

3,478

1,762

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent5