Summary：February 1, 2018
Financial Results for the Third Quarter of Fiscal 2017 (Japanese GAAP)
Hokuhoku Financial Group, Inc.

Company Name:
Stock Code Number (Japan):
Stock Exchanges (Japan):
URL:
Address:
Representative:

8377
Tokyo Stock Exchange (First Section), Sapporo Securities Exchange
http://www.hokuhoku-fg.co.jp/
1-2-26 Tsutsumicho-dori, Toyama-city, Toyama Pref., 930-8637, Japan
Name:
Eishin Ihori
Title:
President & CEO
Established

Trading Accounts:

Amounts less than one million yen and one decimal place are rounded down.

1. Financial Highlights for the Third Quarter of Fiscal 2017 (for the nine months ended Dec. 31, 2017)(1) Consolidated Results of Operations(Accumulated Period)(%: Changes from corresponding period of previous fiscal year)

Ordinary Income¥

million137,229
142,797

3Q F2017
3Q F2016
Note:

Ordinary Profits

%
(3.9)
(1.6)

¥

Net Income Attributable to Owners of the Parent

million30,04235,645%(15.7)(1.0)¥

million
19,44424,759%(21.5)
6.4

Comprehensive income: 3Q F2017: ¥36,363 million [89.0%]; 3Q F2016: ¥19,242 million [29.2%]
Net Income

Diluted Net Income

per Share of Common Stockper Share of Common Stock¥142.23
181.33

3Q F2017
3Q F2016¥
141.94181.05

Note: Hokuhoku Financial Group, Inc. implemented a common stock consolidation at a ratio of ten stocks to one stock on October 1, 2016. The above net
income per share of common stock and diluted net income per share common stock are calculated on the assumption that this stock consolidation
took place at the beginning of the previous year.

(2) Consolidated Financial Conditions
Total Assets

Total Net Assets¥ million
12,783,694
12,429,425

3Q F2017
Fiscal 2016¥

Own Capital Ratio

million614,343585,237%
4.8
4.7

Reference: Own Capital: as of December 31, 2017: ¥611,257 million; as of March 31, 2017: ¥582,397 million
Note:
Own Capital Ratio is calculated as follows: (Total Net Assets−Stock Acquisition Rights−Non-controlling Interests)/ Total Assets×100

2. Cash Dividends for Shareholders of Common Stock
Cash Dividends for Share
(Record Date)stnd

The end of 1 Qtr

The end of 2 Qtr¥−−

Fiscal 2016
Fiscal 2017
Fiscal 2017
(forecast)
Note:

The end of 3rdQtr

¥
0.00
0.00

AnnualFiscal year-end

¥

−

¥
44.00

¥
44.00

44.00

44.00

−

Revision of forecast for cash dividends for shareholders of common stock during this quarter: No

3. Earnings Estimates for Fiscal 2017 (for the fiscal year ending March 31, 2018)(%: Changes from corresponding period of previous fiscal year)

Ordinary Profits¥
Fiscal 2017
Note:

million35,500%(10.1)

Revision of the earnings estimates during this quarter: No

Net Income

Net Income

Attributable to Owners of the Parent

per Share of Common Stock¥million23,500%(16.5)¥
166.03

4. Others(1) Changes in Significant Subsidiaries during the Third Quarter: No(Note) Changes in specified subsidiaries accompanying changes in scope of consolidation during the Third Quarter(2) Adoption of Specified Accounting Methods for the Preparation of Quarterly Consolidated Financial Statements: Yes(3) Changes in Accounting Policies and Accounting Estimates / Restatements(a) Changes in accounting policies due to revisions of accounting standards, etc.: No(b) Changes in accounting policies other than (a) above: No(c) Changes in accounting estimates: No(d) Restatements: No(4) Issued Shares（Common Stock）(a) Number of Common Stock outstanding at
the end of fiscal year and the Third Quarter(including Treasury Stock)(b) Number of Treasury Stock at the end of
fiscal year and the Third Quarter(c) Average outstanding shares for the ninemonths ended

As of Dec. 31,
2017
As of Dec. 31,
2017
As of Dec. 31,
2017132,163,014
1,108,911
131,048,166

As of March 31,
2017
As of March 31,
2017
As of Dec. 31,
2016

132,163,014
1,131,632
132,092,553

Note: Hokuhoku Financial Group, Inc. implemented a common stock consolidation at a ratio of ten stocks to one stock on October 1, 2016. The above
number of common stock outstanding, number of treasury stock and average outstanding shares for the nine months ended are calculated on theassumption that this stock consolidation took place at the beginning of the previous year.

(Implementation status of audit procedures)This report is not subject to audit procedures.
The above estimates are based on information that is available at this moment and assumptions of factors that have an
influence on future results of operations. Actual results may differ materially from these estimates, depending on future
events.
(Reference)
Cash Dividends for Shareholders of Preferred Stock (Type 5)
Cash Dividends for Share
(Record Date)

Fiscal 2016
Fiscal 2017
Fiscal 2017
(forecast)

The end of 1stQtr

The end of 2ndQtr

¥

−
−

¥
7.50
7.50

The end of 3rdQtr

Fiscal year-end¥−−

Annual

¥
7.50

¥
15.00

7.50

15.00

Hokuhoku Financial Group, Inc. (8377)

5.Quarterly Consoidated Financial Statements(1) Consolidated Balance Sheet
Millions of yen

As of March 31, 2017
Assets

As of Dec. 31, 2017

資産の部

Cash and due from banks

現金預け金Call loans and bills bought

ｺｰﾙﾛｰﾝ及び買入手形

1,753,743
89,415

67,234

Monetary claims bought

買入金銭債権62,58546,9202,126,266

Trading assets

特定取引資産

4,646

4,644

Money held in trust

金銭の信託

10,001

10,839Securities

有価証券

2,449,455

2,075,633

Loans and bills discounted

貸出金

7,771,338

8,118,533

Foreign exchanges

外国為替16,26014,674

Other assets

その他資産

132,969

184,576

Tangible fixed assets

有形固定資産101,192

100,064

Intangible fixed assets

無形固定資産24,35824,094

Asset for retirement benefit

退職給付に係る資産

Deferred tax assets

繰延税金資産

ー

353

4,632

1,322

Customers' liabilities for acceptances and guarantees

支払承諾見返60,551

59,900Allowance for loan losses

貸倒引当金(51,725)(51,364)

12,429,425

12,783,694

Total assets
Liabilities

資産の部合計
負債の部

Deposits

預金10,560,772

10,926,521

Negotiable certificates of deposit

譲渡性預金

140,499

222,470

Call money and bills sold

ｺｰﾙﾏﾈｰ及び売渡手形

36,26731,300

Payables under repurchase agreements

債券貸借取引受入担保金534,362

411,295

Trading liabilities

特定取引負債

Borrowed money

借用金

Foreign exchanges

外国為替

103

423

Bonds payable

社債

25,00025,000

Other liabilities

その他負債

123,335

64,692

Liability for retirement benefits

退職給付に係る負債

15,026

12,421

Reserve for directors' retirement benefits

役員退職慰労引当金

204

185

Reserve for contingent loss

偶発損失引当金

1,492

1,303

1,590

1,718

Reserve for reimbursement of deposits

睡眠預金払戻損失引当金

Reserves under the special laws

特別法上の引当金

Deferred tax liabilities

繰延税金負債

861

793

325,331387,81600

13,102

17,984

Deferred tax liabilities for land revaluation

再評価に係る繰延税金負債

5,686

5,524

Acceptances and guarantees

支払承諾60,551

59,90011,844,188

12,169,351

Total liabilities
Net assets

負債の部合計純資産の部

Capital stock

資本金70,89570,895

Capital surplus

資本剰余金144,587

144,597
297,261Retained earnings

利益剰余金284,896

Treasury stock

自己株式(1,398)(1,373)

Total shareholders' equity

株主資本合計498,979

511,380

Valuation difference on available-for-sale securities

その他有価証券評価差額金

81,406

97,204

Deferred gains or losses on hedges

繰延ヘッジ損益(1,208)(1,033)

Revaluation reserve for land

土地再評価差額金

8,993

8,695

Defined retirement benefit plans

退職給付に係る調整累計額(5,773)(4,990)

Accumulated other comprehensive income

その他の包括利益累計額合計

83,41799,876

Stock acquisition rights
Non-controlling interests

新株予約権
非支配株主持分

Total net assets

純資産の部合計Total liabilities and net assets

負債及び純資産の部合計

367

452

2,472

2,633

585,237

614,343

12,429,425

12,783,694

Hokuhoku Financial Group, Inc. (8377)(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income
For the nine months ended Dec. 31, 2017
【Consolidated Statement of Income 】
Millions of yen

Ordinary income
Interest income(Interest on loans and discounts)

For the nine months ended
Dec. 31, 2016

For the nine months ended
Dec. 31, 2017

経常収益

142,797

137,229

資金運用収益92,971

88,495(うち貸出金利息)70,13567,854(うち有価証券利息配当金)

20,891

19,081Fees and commissions

役務取引等収益28,37028,500

Trading income

特定取引収益112

755

Other ordinary income

その他業務収益11,857

10,619(Interest and dividends on securities)

Other income
Ordinary expenses
Interest expenses

その他経常収益
経常費用

9,485

8,857

107,152

107,187

資金調達費用

4,517

4,842

(うち預金利息)

1,382

1,139

Fees and commissions payments

役務取引等費用

10,562

11,489Other ordinary expenses

その他業務費用

10,723

11,344General and administrative expenses

営業経費

74,58973,928Other expenses

その他経常費用

6,759

5,583

Ordinary profits

経常利益

35,64530,042Extraordinary income

特別利益

101

42

固定資産処分益

101

42

特別損失

433

1,675

(Interest on deposits)

Gain on disposal of fixed assets
Extraordinary loss
Loss on disposal of fixed assets

固定資産処分損

190

131

Impairment loss

減損損失

243

1,544

Income before income taxes

税金等調整前四半期純利益

35,312

28,409

Income taxes-current

法人税、住民税及び事業税

8,722

8,378

Income taxes-deferred

法人税等調整額

1,749

457

Total income taxes

法人税等合計10,472

8,835

Net income

四半期純利益

24,83919,573

Net income attributable to non-controlling interests

非支配株主に帰属する四半期純利益

80

128

Net income attributable to owners of the parent

親会社株主に帰属する四半期純利益

24,75919,444

For the nine months ended
Dec. 31, 2016

For the nine months ended
Dec. 31, 2017

四半期純利益

24,83919,573

その他の包括利益(5,597)

16,790

Valuation difference on available-for-sale securities

その他有価証券評価差額金(7,935)

15,776

Deferred gains or losses on hedges

繰延ヘッジ損益

581

175

Defined retirement benefit plans

退職給付に係る調整額

1,719

783

【Consolidated Statement of Comprehensive Income】
Millions of yen

Net income
Other comprehensive income

Share of other comprehensive income of associates accounted for using
equity method

Total comprehensive income

持分法適用会社に対する持分相当額
四半期包括利益

36

54

19,24236,363

Breakdown（内訳）

Comprehensive income attributable to owners of the parent

親会社株主に係る四半期包括利益

19,15036,202Comprehensive income attributable to non-controlling interests

非支配株主に係る四半期包括利益

91

160

Hokuhoku Financial Group, Inc. (8377)

Financial Highlights For the Third Quarter of Fiscal 2017
１．Income Analysis
FG 【Consolidated】(Millions of yen)
3rd Qtr ofChanges from3rd Qtr of

Fiscal Year 2016

Forecasts

FY 2017

3rd Qtr of

FY 2016

results

Full year(9 months)

FY 2016(9 months)(reference)

Ordinary income
Ordinary profits
Net income attributable to owners ofparents

35,500137,22930,042(5,568)(5,603)

142,797
35,645

187,420
39,47723,50019,444(5,314)24,75928,157【Total of two banks】(Millions of yen)
3rd Qtr ofChanges from3rd Qtr of

Forecasts

FY 2017

3rd Qtr of

FY 2016

results

Full year(9 months)

FY 2016(9 months)(reference)

Ordinary income
132,000
Core gross business profits
Net interest income
Net fees and commisions
Net trading income
Net other income
Gains on foreign exchange transactions
Net income on derivatives

92,500General and administrative expenses

Personnel
Non-personnel
39,500Core net business profits
Net gains (losses) related to bonds
Net business profits(before provision (reversal) ofgeneral allowance for loan losses)
4,000
Total credit costs
Net gains (losses) related to stocks
36,000Ordinary profits
Net extraordinary gains (losses)
Income before income taxes
Income taxes
Income taxes deferred
24,500Net income

Fiscal Year 2016

124,551
96,89584,753
12,00236
103
112
366,661
32,34029,34630,234(2,471)(7,339)(6,106)(4,413)(1,566)
(23)
(102)
(104)
16
(503)
(269)
(240)
(5,602)(1,932)

131,891
103,002
89,166
13,569
60
205
216
(13)
67,16432,61029,58635,837(538)

171,077
132,915
115,296
17,826
71
(278)
(259)
(15)
89,82743,34439,93643,088(3,836)

27,763(7,535)35,29839,251

1,312
5,739
31,162(1,647)29,514
8,332
712
21,182

2,280
4,049(4,601)(1,314)(5,915)(1,536)(1,126)(4,379)

(968)
1,689
35,763(332)
35,4309,868
1,838
25,561(654)
3,112
40,233(925)
39,308
9,632
3,079
29,675Full year / 3rd Quarter≪Core net business profits≫≪Net income≫
Forecasts【Full year】(Millions of yen)

60,00051,20752,08530,00043,08840,00037,22238,81935,837

Forecasts【Full year】(Millions of yen)

28,25329,945【24,500】【39,500】
3Q/Full year20,000
76.5%

29,67522,55324,49325,561

3Q/Full year
86.4%

21,18230,23420,00010,0000

0FY2014FY2015FY2016FY2017FY2014FY2015FY2016FY2017

Hokuhoku Financial Group, Inc. (8377)【Non-Consolidated】 Hokuriku Bank・Core net business profits were JPY17,650 million, JPY1,527 million decrease compared to thecorresponding period of the previous fiscal year mainly due to a decrease in net interest income and net fees
and commissions, despite a decrease in general and administrative expenses.
・Ordinary profits decreased by JPY3,476 million to JPY18,838 million, due to a decrease in net gains
related to bonds and an increase in total credit costs,despite an increase in net gains related to stocks.
・Accordingly,net income decreased by JPY3,651 million to JPY12,414 million.
(Millions of yen)
3rd Qtr ofChanges from3rd Qtr of

Fiscal Year 2016

Forecasts

FY 2017

3rd Qtr of

FY 2016

results

Full year(9 months)

FY 2016(9 months)(reference)

Ordinary income
70,500Core gross business profits
Net interest income
Net fees and commissions
Net trading income
Net other income
Gains on foreign exchange transactions
Net income on derivatives

49,000General and administrative expenses

Personnel
Non-personnel
21,500Core net business profits
Net gains (losses) related to bonds
Net business profits(before provision (reversal) ofgeneral allowance for loan losses)
2,000
Total credit costs
Net gains (losses) related to stocks
21,500Ordinary profits
Net extraordinary gains (losses)
Income before income taxes
Income taxes
Income taxes deferred
14,500Net income

68,83453,39046,068
6,582
36
703
704
(0)
35,73918,206
14,90917,650(1,179)(2,197)(1,898)(1,295)
(514)
(23)
(65)
(56)
(8)
(371)
(320)
(17)
(1,527)(1,282)

71,031
55,28947,363
7,097
60
768
760
7
36,111
18,526
14,926
19,177103

92,99572,94362,803
9,028
71
1,039
1,036
3
48,23424,551
20,17424,708(3,236)

16,471(2,809)19,281

21,472

1,476
3,708
18,838(1,438)17,4004,986(98)12,414

2,051
686(3,476)(1,269)(4,745)(1,094)(358)(3,651)

(574)
3,021
22,315(169)
22,146
6,080
260
16,065(650)
3,542
24,852(717)
24,135
5,403
1,455
18,732

Full year / 3rd Quarter≪Core net business profits≫≪Net income≫(Millions of yen)

30,00026,061

26,692

24,708

Forecasts(Millions of yen)

【Full year】

20,000【21,500】
20,00018,337

19,482

19,177

Forecasts
18,732【Full year】

16,503
14,680【14,500】
16,065

3Q/Full year
82.0%
17,65010,00013,0103Q/Full year
85.6%

12,414

9,908

10,0000FY2014FY2015FY2016FY20170
FY2014FY2015FY2016FY2017

Hokuhoku Financial Group, Inc. (8377)【Non-consolidated】 Hokkaido Bank・Core net business profits were JPY12,812 million, JPY3,846 million decrease compared to thecorresponding period of the previous fiscal year mainly due to a decrease in net interest income and net fees
and commissions.
・Ordinary profits decreased by JPY1,124 million to JPY12,323 million, due to an increase in net gains
related to stocks, although net losses related to bonds increased.
・Accordingly,net income decreased by JPY728 million to JPY8,768 million.
(Millions of yen)
3rd Qtr ofChanges from3rd Qtr of

Fiscal Year 2016

Forecasts

FY 2017

3rd Qtr of

FY 2016

results

Full year(9 months)

FY 2016(9 months)(reference)

Ordinary income
61,500Core gross business profits
Net interest income
Net fees and commissions
Net trading income
Net other income
Gains on foreign exchange transactions
Net income on derivatives

43,500General and administrative expenses

Personnel
Non-personnel
18,000Core net business profits
Net gains (losses) related to bonds
Net business profits(before provision (reversal) ofgeneral allowance for loan losses)
2,000
Total credit costs
Net gains (losses) related to stocks
14,500Ordinary profits
Net extraordinary gains (losses)
Income before income taxes
Income taxes
Income taxes deferred
10,000Net income

Full year / 3rd Quarter≪Core net business profits≫
Forecasts【Full year】
25,14525,393
19,27220,00018,885(4,104)(3,979)(2,889)(1,052)
−
(37)
(48)
25
(132)
50
(223)
(3,846)(878)

60,86047,71341,803
6,471
−
(562)
(543)
(21)
31,05314,083
14,66016,659(641)

78,97460,86453,385
8,797−(1,317)(1,296)(18)
41,592
18,792
19,762
19,272(1,493)

11,292(4,725)16,017

17,778(164)
2,030
12,323(209)
12,114
3,345
810
8,768

229
3,362
(1,124)(45)(1,170)
(441)
(767)
(728)

(393)
(1,332)
13,448(163)
13,284
3,787
1,578
9,496

(4)
(429)
15,381(207)
15,173
4,229
1,623
10,943≪Net income≫(Millions of yen)

30,00056,75543,73438,914
5,419
−
(599)
(592)
4
30,921
14,134
14,436
12,812(1,520)19,336
16,65910,00015,000【18,000】

10,0003Q/Full year
71.1%

12,812

Forecasts(Millions of yen)

13,573
12,645

13,442【Full year】
10,943

11,483
9,496【10,000】
3Q/Full year
87.6%
8,768

5,000

0

0
FY2014FY2015FY2016FY2017FY2014FY2015FY2016FY2017

Hokuhoku Financial Group, Inc. (8377)

2. Loans and Deposits(1) Loans(Millions of yen)

As ofDec. 31,2017

Total of two banks
Loans to small and medium-sizedenterprises(“SMEs”) and individuals
Housing and consumer loans

As ofDec. 31, 2016

As of
Sep.30, 2017

(A)
8,135,959(C)=(A)-(B)337,065(C)/(B)4.32%(B)
7,798,893(reference)
7,946,313

5,151,194

163,123

3.27%

4,988,071

5,062,155

2,329,637

106,591

4.79%

2,223,045

2,303,843

4,702,494

227,6125.08%

4,474,881

4,567,970

3,036,822

69,1222.32%

2,967,700

3,004,421

1,226,375
3,433,464

35,048109,452

2.94%
3.29%

1,191,326
3,324,012

1,224,172
3,378,342

Loans to small and medium-sizedenterprises(“SMEs”) and individuals

2,114,372

94,0014.65%

2,020,371

2,057,734

Housing and consumer loans

1,103,262

71,5436.93%

1,031,718

1,079,670

Hokuriku bank
Loans to small and medium-sizedenterprises(“SMEs”) and individuals
Housing and consumer loans
Hokkaido bank(2) Deposits and Investment products(Millions of yen)

As ofDec. 31,2017
(A)

As of
Dec. 31, 2016

As of
Sep.30, 2017(B)

(reference)(C)=(A)-(B)(C)/(B)

11,178,105
7,554,968
8,081,821
7,530,350

323,658
175,297
161,823
173,496

2.98%
2.37%
2.04%
2.35%

10,854,447
7,379,670
7,919,997
7,356,854

11,013,308
7,404,082
7,924,370
7,378,882

551,470(11,672)(2.07%)

563,143

545,488

24,617
209,697
317,155

1,801
10,871(24,345)

7.89%
5.46%
(7.12%)

22,816
198,826
341,500

25,199198,511
321,777

Deposits*
Individual deposits*

6,434,476
4,205,500

150,434
110,030

2.39%
2.68%

6,284,041
4,095,469

6,363,776
4,112,903

Total individual assets
Individual deposits* (deposits in yen)

4,469,402
4,191,527

87,488108,979

1.99%
2.66%

4,381,914
4,082,547

4,381,608
4,099,099

277,875(21,490)(7.17%)

299,366

282,509

13,972
105,127

1,051(2,011)8.13%(1.87%)

12,921
107,138

13,804
107,164

158,775(20,530)(11.45%)

179,306

161,540

4,743,629
3,349,468
3,612,418
3,338,823

173,223
65,26774,33464,516

3.79%
1.98%
2.10%
1.97%

4,570,405
3,284,201
3,538,083
3,274,306

4,649,532
3,291,178
3,542,762
3,279,783

273,594

9,818

3.72%

263,776

262,978

Public bonds

10,644
104,569750
12,882

7.58%
14.05%

9,894
91,687

11,39591,347

Investment trusts

158,379(3,814)(2.35%)

162,194

160,236

Total of two banks
Deposits*
Individual deposits*
Total individual assets
Individual deposits* (deposits in yen)
Investment products(for individuals)
Foreign currency deposits
Public bonds
Investment trusts
Hokuriku bank （Non-consolidated）

Investment products(for individuals)
Foreign currency deposits
Public bonds
Investment trusts
Hokkaido bank （Non-consolidated）
Deposits*
Individual deposits*
Total individual assets
Individual deposits* (deposits in yen)
Investment products(for individuals)
Foreign currency deposits*including NCD【Group Total （Two banks and Hokuhoku Tokai Tokyo Securities Co.,Ltd. Combined）】
As ofDec. 31,2017(A)(C)=(A)-(B)Total balance of investment products for
623,467
individuals
Total balance of investment products
551,470(11,672)
for individuals（Total of two banks）
Investment products for individuals at
71,997
Hokuhoku Tokai Tokyo Securities Co.,Ltd.
※Hokuhoku Tokai Tokyo Securties Co.,Ltd started business on Jan. 2017.

(C)/(B)(Millions of yen)

As ofDec. 31, 2016

As of
Sep.30, 2017(B)

(reference)
610,791(2.07%)

563,143

545,488
65,303

Hokuhoku Financial Group, Inc. (8377)

3. Non-Performing Loan (“NPL”) based on the Financial Reconstruction Law (the“FRL”)(Millions of yen)

Totalof two banks

Hokuriku bank（Non-consolidated）

Hokkaido bank（Non-consolidated）(Millions of yen)

As of Dec.31,2017

As of Dec.31,2016

As of Sep.30,2017

16,607

19,506

17,689115,844
19,175
151,627
8,374,766
1.81%

120,868
18,870159,245
8,022,463
1.98%

116,927
19,940154,558
8,184,021
1.88%

11,642

14,047

12,18264,575
10,67986,897
4,774,518
1.82%

67,158
10,10391,3094,550,042
2.00%

65,391
11,33588,9094,641,405
1.91%

4,964

5,459

5,506

51,2688,496
64,7293,600,247
1.79%

53,7108,766
67,9353,472,421
1.95%

51,536
8,605
65,6483,542,616
1.85%

As of Dec.31,2017

As of Dec.31,2016

As of Sep.30,2017

Capital adequacy ratio

9.72%

9.59%

9.73%

Capital adequacy ratio

9.06%

8.79%

9.04%

Capital adequacy ratio

9.49%

9.39%

9.53%

Bankrupt and substantiallybankrupt
Doubtful
Substandard
Non Performing Loan (A)Total (Ｂ)NPL ratio (A)/(B)
Bankrupt and substantiallybankrupt
Doubtful
Substandard
Non Performing Loan (A)Total (Ｂ)NPL ratio (A)/(B)
Bankrupt and substantiallybankrupt
Doubtful
Substandard
Non Performing Loan (A)Total (Ｂ)NPL ratio (A)/(B)

4. Capital Adequacy Ratio (Domestic Standard)
FG(Consolidated)
Hokuriku bank(Non-consolidated)
Hokkaido bank(Non-consolidated)

5. Valuation Difference on Securities
Marketvalue
Available-for-salesecurities
FG(Consolidated)Japanese Stocks
Japanese Bonds
OthersAvailable-for-salesecurities
Total of two banks
Japanese Stocks
Japanese Bonds
OthersAvailable-for-salesecurities
Hokuriku bank
Japanese Stocks(Non-consolidated)Japanese Bonds
OthersAvailable-for-salesecurities
Hokkaido bank
Japanese Stocks(Non-consolidated)Japanese Bonds
Others(Millions of yen)

As of Dec.31,2017
Valuation difference
Gains

Losses(Millions of yen)

Marketvalue

As of Sep.30,2017
Valuation difference
Gains

Losses1,891,873

131,048

144,689

13,641

1,956,150

119,920132,042

12,122

218,477
1,155,932
517,464

112,496
21,024(2,472)

115,417
21,363
7,907

2,921
339
10,380208,274
1,212,088
535,786

97,68522,562(327)

100,297
22,940
8,804

2,612
378
9,131

1,893,818

134,777

147,617

12,8391,958,317

124,139

135,216

11,076

217,717
1,161,001
515,099

118,501
21,113(4,837)

120,621
21,452
5,542

2,119
339
10,380207,549
1,217,158
533,609

103,983
22,660(2,504)

105,550
23,038
6,626

1,566
378
9,131

1,398,871

101,264

105,9394,674

1,396,413

91,953

95,487

3,533

153,057
901,979
343,834

81,471
17,1492,644

83,206
17,401
5,331

1,734
252
2,687

141,967
903,297351,148

69,466
18,3904,096

70,832
18,646
6,009

1,365
256
1,912

494,947

33,512

41,6778,164

561,90332,18639,728

7,542

64,660259,022
171,264

37,0303,964(7,481)

37,415
4,050
211

384
86
7,693

65,581
313,861
182,460

34,516
4,270(6,601)

34,718
4,392
617

201
121
7,219

Hokuhoku Financial Group, Inc. (8377)

6. Net Gains and Losses on Securities(Millions of yen)

3rd Qtr of FY 2017

3rd Qtr of FY 2016

Fiscal Year 2016

(9 months)(9 months)

results(B)(reference)(A)

FG(Consolidated)(A)-(B)(2,471)
960
20
3,220
−
231
5,035
6,520
1,411
73

Net gains (losses) related to bonds

Gains on sales
Gains on redemption
Losses on sales
Losses on redemption
Losses on devaluation
Net gains (losses) related to stocks and others

Gains on sales
Losses on sales
Losses on devaluation(1,834)(1,275)
−
326
−
231
3,415
329
(2,950)
(135)

(637)
2,235
20
2,893
−
−
1,620
6,191
4,361
208

(3,935)
2,427
41
6,399
4
−
3,055
8,065
4,807
202
(Millions of yen)

3rd Qtr of FY 2017

3rd Qtr of FY 2016

Fiscal Year 2016

(9 months)(9 months)

results(B)(reference)(A)(2,471)
960
20
3,220
−
231
5,739
6,939
1,134
66

Net gains (losses) related to bonds

Totalof two banks(A)-(B)

Gains on sales
Gains on redemption
Losses on sales
Losses on redemption
Losses on devaluation
Net gains (losses) related to stocks and others

Gains on sales
Losses on sales
Losses on devaluation(1,932)(1,374)
−
326
−
231
4,049
753
(3,156)
(139)

(538)
2,334
20
2,893
−
−
1,689
6,186
4,290
205

(3,836)
2,525
41
6,399
4
−
3,112
8,048
4,736
199
(Millions of yen)

3rd Qtr of FY 2017

3rd Qtr of FY 2016

Fiscal Year 2016

(9 months)(9 months)

results(B)(reference)(A)(1,179)
853
−
2,033
−
−
3,708
3,839
76
53

Net gains (losses) related to bonds

Hokuriku bank(Non-consolidated)(A)-(B)

Gains on sales
Gains on redemption
Losses on sales
Losses on redemption
Losses on devaluation
Net gains (losses) related to stocks and others

Gains on sales
Losses on sales
Losses on devaluation(1,282)
106
−
1,389
−
−
686
18
(547)
(120)

103
747
−
644
−
−
3,021
3,820
624
174

(3,236)
839
−
4,075
−
−
3,542
4,340
629
168
(Millions of yen)

3rd Qtr of FY 2017

3rd Qtr of FY 2016

Fiscal Year 2016

(9 months)(9 months)

results(B)(reference)(A)
Net gains (losses) related to bonds

Hokkaido bank(Non-consolidated)

Gains on sales
Gains on redemption
Losses on sales
Losses on redemption
Losses on devaluation
Net gains (losses) related to stocks and others

Gains on sales
Losses on sales
Losses on devaluation(A)-(B)(1,520)
106
20
1,186
228
231
2,030
3,100
1,057
12

(878)
(1,480)−(1,062)
228
231
3,362
735
(2,608)
(18)

(641)
1,587
20
2,249
−
−
(1,332)
2,365
3,666
31

(1,493)
1,685
41
2,323
897
−
(429)
3,707
4,106
31