Annual Report 2018Year Ended March 31, 2018

Message from the Management
Thank you for your kind patronage and support.
MieBank,Ltd.

andDaisanBank,Ltd.

recentlyestablished San ju San Financial Group as a joint holding
company for the purposes of business integration.
Our group aspires to be a ﬁnancial group that is beloved
and trusted by our local customers. We will accomplish
this by contributing to the revitalization of local regions
through exhibiting synergy in three areas: expanding ourbusiness infrastructure, strengthening our ﬁnancial
intermediary functions, and improving the eﬃciency ofand optimizing our businesses. In addition, we willcontinue contributing to the creation of a dynamic future
by means of producing virtuous cycles in which local
communities, regional economies, and our new ﬁnancialgroup can grow together.
Thank you, and we look forward to your continued
support in the future.
September 2018

Representative Directorand Chairman

Hiroshi Iwama

Representative Directorand President

Mitsunori Watanabe

Name“Wish”
contained in thecompany name“San ju San”means that by adding（＋）the respective
strengths of Mie Bank and Daisan Bank, we wish todevelop with the region and contribute to the creationof a vibrant future.

Corporate philosophy

Contributing to creating a vibrant future as a ﬁnancialgroup which is favorable for clients and grows alongwith the region.
Annual Report20182LogoConnotations contained within our logo mark
Our logo features two birds based around the motif of the number“33.”These two birds signify Mie
Bank and Daisan Bank, and are also representative of members of the community and San ju San
Financial Group. This image of two birds taking ﬂight into the heavens together depicts both the growthof local communities and San ju San Financial Group, as well as a dynamic future.

Corporate Data
Address of Head Office

510 Kyomachi, Matsusaka, Mie

Address of Headquarters

7-8 Nishishinchi, Yokkaichi, Mie

Capital

MATSUSAKA（Head Oﬃce）
YOKKAICHI（Headquarters）
Mie Prefecture

NAGOYA
Aichi Prefecture

OSAKA

TOKYO

JPY 10 billion

Listing Stock ExchangeTokyo Stock Exchange,
Nagoya Stock Exchange

Board Members
Representative Director and Chairman

Hiroshi Iwama

Representative Director and President

Mitsunori Watanabe

DirectorKenzo Tanikawa

DirectorJunji Tanehashi

Director and Executive Oﬃcer

Atsushi Iguchi

Director and Executive Oﬃcer｠

Takashi Yamamoto

Director and Executive Oﬃcer

Takahiro Fujita

Director and Executive Oﬃcer

Hiroki Horiuchi

Director（Audit Committee Member）

Yasutaka Sakamoto

Outside Director（Audit Committee Member）

Nobuyoshi Fujiwara

Outside Director（Audit Committee Member）

Akihiko Noro

Outside Director（Audit Committee Member）

Tsuneaki Furukawa

Executive Oﬃcer

Shinji Kataoka

Executive Oﬃcer

Toshiharu Tsujinaka

Executive Oﬃcer

Satoru Tokai

Executive Oﬃcer

Kazuya Kawase

Note 1： Director（Audit Committee Member）Nobuyoshi Fujiwara, Akihiko Noro and Tsuneaki Furukawa areoutside directors as deﬁned under Article （2 xv）of the Companies Act.（As of｠June 21, 2018）

Annual Report20183

Consolidated Balance Sheets
THE MIE BANK, LTD. AND CONSOLIDATED SUBSIDIARIESMarch 31, 2018 and 2017

Millions of Yen
2018
2017Assets

Cash and Due from Banks
Call Loans and Bills Bought
Monetary Claims Bought
Trading Account Securities
Securities
Loans and Bills Discounted
Foreign Exchanges
Lease Receivables and Investment Assets
Other Assets
Tangible Fixed Assets
Buildings
Land
Lease Assets
Construction in Progress
Other Tangible Fixed Assets
Intangible Fixed Assets
Software
Other Intangible Fixed Assets
Net Defined Benefit AssetDeferred Tax Assets
Customers' Liabilities for Acceptances and Guarantees
Reserve for Possible Loan Losses

Total Assets

Liabilities and Net Assets
Liabilities

Deposits
Negotiable Certificates of Deposit
Payables under Securities Lending Transactions
Borrowed Money
Foreign Exchanges
Other Liabilities
Reserve for Employees' Bonuses
Net Defined Benefit Liability
Reserve for Executive Officer Retirement Benefits
Reserve for Reimbursement of Deposits
Deferred Tax Liabilities
Acceptances and Guarantees

Total Liabilities

Net Assets

Capital Stock
Capital Surplus
Retained Earnings
Treasury Stock￥￥￥￥￥Total Shareholders' Equity

Net Unrealized Gains on Other Securities
Net Deferred Losses on Hedges
Remeasurements of Defined Benefit Plans

Total Accumulated Other Comprehensive Income
Non-Controlling Interests
Total Net Assets
Total Liabilities and Net Assets￥

132,991
1,593
2,947
76
426,575
1,364,201
1,818
10,63829,097
10,568
5,234
3,503
－－
1,830
2,347
2,159
187
4,393
295
7,157
（5,101）
1,989,602￥

1,671,488
88,202
20,052
46,752
58
14,668564
16368175
10,5297,157
1,859,881￥15,295
11,25675,884－102,437
26,440（329）
820
26,932351
129,720
1,989,602

￥￥

￥

￥

Thousands ofU.S. Dollars
2018

103,835
3,527
3,466
72
443,715
1,375,057
2,268
8,635
20,01010,768
5,439
3,506
2
196
1,622
2,553
2,336
216
3,693
289
8,557
（5,264）
1,981,186$

1,653,833
99,40012,10460,393
4
15,984
573
182
61
163
8,132
8,557
1,859,390$ 15,731,652
830,136
188,732
440,018550
138,054
5,316
1,542
647
1,648
99,10467,366$ 17,504,771

15,295
11,437
72,949（61）
99,621
21,797（662）118
21,252920
121,795
1,981,186$

1,251,686
14,996
27,741723
4,014,827
12,839,544
17,113
100,127
273,861
99,47149,262
32,977－－
17,23122,09020,327
1,762
41,3482,779
67,366（48,010）$ 18,725,670

143,956
105,947
714,210－964,115
248,848（3,097）
7,726
253,477
3,306
1,220,899$ 18,725,670
Exchange Rate
1US$=¥106.25
Annual Report20184

Consolidated Statements of Incomeand Consolidated Statements of Comprehensive Income
THE MIE BANK, LTD. AND CONSOLIDATED SUBSIDIARIES￥Interest Income
Interest on Loans and Bills Discounts
Interest and Dividends on Securities
Interest on Call Loans and Bills BoughtInterest on Deposits with Banks
Other Interest Income
Fees and Commissions
Other Operating Income
Other Ordinary Income
Reversal of Reserve for Possible Loan Losses
Recoveries of Written-Off Claims
Other Income

Ordinary Expenses

Interest Expenses
Interest on Deposits
Interest on Negotiable Certificates of Deposit
Interest on Payables under Securities Lending Transactions
Interest on Borrowings and Rediscounts
Other Interest Expenses
Fees and Commissions Payments
Other Operating ExpensesGeneral and Administrative Expenses
Other Ordinary Expenses
Provision for Reserve for Possible Loan Losses
Other Expenses

Ordinary Profits
Extraordinary Gains

Gains on Disposal of Fixes Assets
Compensation for Transfer

Extraordinary Losses

Losses on Disposal of Fixed Assets
Impairment Loss on Fixed Assets

Profit before Income Taxes
Total Income Taxes
Current
DeferredProfitProfit Attributable to Non-Controlling Interests

Profit Attributable to Owners of Parent

Thousands ofU.S. Dollars
2018

Millions of Yen
2017
2018

Consolidated Statements of Income
Ordinary IncomeYears ended March 31, 2018 and 2017￥33,985
17,51913,768
3,627
24
76
22
6,683
1,549
8,232
－
0
8,232
28,600
1,062
482
9
17
35
516
1,697
410
18,972
6,456
193
6,262
5,385
1
1－
88
19
69
5,298
1,376
1,454
（77）
3,921
45
3,875

￥

￥

32,721
17,627
14,043
3,453
23
64
42
6,226
1,776
7,091
190
0
6,901
27,790
1,624
711
48
12
164
688
1,757
113
19,055
5,239
－
5,239
4,931
105
1
104
246
104
141
4,789
1,220
1,380
（160）
3,569
20
3,548

$

$

319,861
164,888
129,581
34,140232
718
214
62,90014,586
77,486－0
77,486269,178
9,999
4,545
86
168
333
4,864
15,9803,867
178,565
60,765
1,825
58,93950,683
17
17－833180
653
49,867
12,95913,688（729）
36,907430
36,477

Exchange Rate
1US$=¥106.25

Consolidated Statements of Comprehensive Income
ProfitOther Comprehensive Income

Net Unrealized Gains on Other Securities
Net Deferred Losses on Hedges
Remeasurements of Defined Benefit Plans

Comprehensive Income

Comprehensive Income Attributable to
Owners of Parent
Comprehensive Income Attributable to
Non-Controlling Interests

Thousands ofU.S. Dollars
2018

Millions of Yen2018
2017
￥

3,921
5,684
4,648
333
702
9,606

￥

3,569
（211）
（1,097）
584
301
3,357

$

36,90753,502
43,745
3,141
6,615
90,410

9,554

3,333

89,92851

24482
Exchange Rate
1US$=¥106.25
Annual Report2018

5

Consolidated Balance Sheets
THE DAISAN BANK, LTD. AND CONSOLIDATED SUBSIDIARIESMarch 31, 2018 and 2017

Millions of Yen
2018
2017

AssetsCash and Due from Banks
Trading Account Securities
Money Held in Trust
Securities
Loans and Bills Discounted
Foreign Exchanges
Other Assets
Tangible Fixed Assets
Buildings
Land
Lease Assets
Construction in Progress
Other Tangible Fixed Assets
Intangible Fixed Assets
Software
Software in Progress
Lease Assets
Other Intangible Fixed Assets
Deferred Tax Assets
Customers' Liabilities for Acceptances and Guarantees
Reserve for Possible Loan Losses

Total Assets
Liabilities

Deposits
Negotiable Certificates of Deposit
Borrowed Money
Foreign Exchanges
Bonds with Subscription Rights to Shares
Other Liabilities
Reserve for Employees' Bonuses
Reserve for Director's Bonuses
Net Defined Benefit Liability
Reserve for Director's Retirement Benefits
Reserve for Reimbursement of Deposits
Reserve for Contingent Loss
Deferred Tax Liabilities
Deferred Tax Liabilities for Land Revaluation Excess
Acceptances and Guarantees

Total Liabilities
Net Assets

Capital Stock
Capital Surplus
Retained Earnings
Treasury Stock￥￥￥￥￥Total Shareholders' Equity

Net Unrealized Gains on Other Securities
Land Revaluation Excess
Remeasurements of Defind Benefit Plans

Total Accumulated Other Comprehensive Income
Preemptive Right

Non-Controlling Interests
Total Net Assets
Total Liabilities and Net Assets￥

149,404
1,205
2,446
568,744
1,273,240
5,587
21,89623,523
4,856
17,187
3
1
1,474
3,203
3,034
28
60
80
58
1,692（8,849）
2,042,154￥

1,805,951
3,000
86,99047
6,989
10,932
704
8
1,640
23
276
671
3,401
2,660
1,692
1,924,991￥

37,461
31,64420,065－89,171
20,394
3,677（780）
23,291－
4,699
117,1622,042,154

￥￥

￥

￥

Thousands of
U.S. Dollars
2018

127,643
1,203
2,264
590,737
1,257,009
2,459
20,61424,4395,187
17,578
2
1
1,669
3,406
3,325
－
0
80
95
2,056
（9,912）
2,022,017$

1,790,710
85,96396,98915,134
706
8
2,326
24
299
433
2,184
2,724
2,056
1,909,570$ 16,998,785
28,237
818,806442
65,785
102,899
6,626
75
15,436
216
2,597
6,315
32,01225,037
15,926$ 18,119,267

37,461
32,665
17,063（1,023）86,166
18,7963,815（900）
21,711
132
4,437
112,447
2,022,017$

1,406,287
11,342
23,023
5,353,388
11,984,563
52,588206,099
221,41345,707
161,77528
913,87430,14828,557
263
564
753
545
15,926（83,292）$ 19,222,082$

352,607297,853
188,8640839,335
191,961
34,610（7,341）
219,230
044,2301,102,804
19,222,082

Exchange Rate
1US$=¥106.24

Annual Report2018

6

Consolidated Statements of Incomeand Consolidated Statements of Comprehensive Income
THE DAISAN BANK, LTD. AND CONSOLIDATED SUBSIDIARIES￥Interest Income
Interest on Loans and Discounts
Interest and Dividends on Securities
Interest on Call Loans and Bills BoughtInterest on Deposits with Banks
Other Interest Income
Fees and Commissions
Other Operating Income
Other Ordinary Income
Recoveries of Written-Off Claims
Other Income

Ordinary Expenses

Interest Expenses
Interest on Deposits
Interest on Negotiable Certificates of Deposit
Interest on Payables under Securities Lending Transactions
Interest on Borrowings and Rediscounts
Interest on Bonds
Other Interest Expenses
Fees and Commissions Payments
Other Operating Expenses
General and Administrative Expenses
Other Ordinary Expenses
Provision for Reserve for Possible Loan Losses
Other Expenses

Ordinary Profits
Extraordinary Gains

Gains on Disposal of Fixed Assets
Gains on Reversal of Subscription Rights to Shares

Extraordinary Losses

Losses on Disposal of Fixed Assets
Impairment Loss on Fixed Assets
Other Extraordinary Losses

Profit before Income Taxes
Total Income Taxes
Current
DeferredProfitProfit Attributable to Non-Controlling Interests

Profit Attributable to Owners of Parent

Thousands ofU.S. Dollars
2018

Millions of Yen
2018
2017

Consolidated Statements of Comprehensive Income
Ordinary Income

Years ended March 31, 2018 and 2017￥37,141
22,694
16,104
6,518
39
31
6,491
159
7,796
3
7,793
31,692
823
738
0
2
65
－
16
2,528
65
21,075
7,200
1,501
5,698
5,449
162
0
162
593
24
396
172
5,018
825
688
137
4,192
65
4,127

￥

￥

37,563
23,402
17,048
6,287
0
39
26
6,805
241
7,114
2
7,111
31,674
1,577
1,416
－
2
125
27
5
2,299
68
21,080
6,649
1,438
5,210
5,889
93
93－
220
21
198－
5,762
2,225
663
1,561
3,536
243
3,293

$

$

349,595
213,610
151,581
61,351367
291
61,097
1,496
73,381
28
73,352
298,305
7,746
6,946
0
18
611
－150
23,795
611
198,371
67,771
14,12853,63351,289
1,524
0
1,524
5,581
225
3,727
1,618
47,232
7,765
6,475
1,289
39,457611
38,846

Exchange Rate
1US$=¥106.24

Consolidated Statements of Comprehensive Income
ProfitOther Comprehensive Income

Net Unrealized Gains on Other Securities
Remeasurements of Defined Benefit Plans

Comprehensive Income

Comprehensive Income Attributable to
Owners of Parent
Comprehensive Income Attributable to
Non-Controlling Interests

Thousands ofU.S. Dollars
2018

Millions of Yen2018
2017
￥

4,192
1,922
1,802
119
6,114

￥

3,536
（2,315）（2,345）
29
1,220

$

39,45718,091
16,961
1,120
57,5485,845

933

55,016

269

287

2,532
Exchange Rate
1US$=¥106.24
Annual Report2018

7

San ju San Financial Group, Inc.
Head Office : 510 Kyomachi, Matsusaka, Mie,515-8530,Japan
TEL : +81-598-21-3303
Headquarters : 7-8 Nishishinchi, Yokkaichi, Mie,510-0087,Japan
TEL : +81-59-357-3355
URL : https://www.33fg.co.jp

THE MIE BANK,LTD.

7-8 Nishishinchi, Yokkaichi, Mie,510-0087,Japan
TEL : +81-59-353-3111
URL : https://www.miebank.co.jp
E-mail : kikaku@miebank.co.jp/

THE DAISAN BANK,LTD.
510 Kyomachi, Matsusaka, Mie,515-8530,Japan
TEL : +81-598-25-0377
URL : https://www.daisanbank.co.jp
E-mail : kokusai@daisanbank.co.jp/