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 Year Ended March 31, 2024
[Japanese GAAP]May 10, 2024
Company name: Iyogin Holdings, Inc.
Stock exchange listing: Tokyo
Code number: 5830
URL: https://www.iyogin-hd.co.jp/
Representative: Kenji Miyoshi
Representative Director and President
Contact: Mitsuhiro Hayashi
General Manager, Corporate Planning Division
Phone: 089-907-1034Scheduled date of Annual General Meeting of Shareholders: June 27, 2024
Scheduled date of commencing dividend payments: June 6, 2024
Scheduled date of filing annual securities report: June 28, 2024
Trading Accounts: No
Availability of supplementary briefing material on annual financial results: Yes
Schedule of annual financial results briefing session: Yes(For Institutional Investors)(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to owners of
Ordinary revenues
Ordinary profit
parentMillions of yen%
Millions of yen%
Millions of yen%
Fiscal year ended
March 31, 2024
192,758
11.5
58,57938.1
39,464
41.5
March 31, 2023
172,954
42,41527,899(Note) Comprehensive income:Fiscal year ended March 31, 2024:¥94,189 million [129.4%]
Fiscal year ended March 31, 2023:¥41,050 million [-%]
Basic earnings per Diluted earnings per Rate of return onshareshareequityOrdinary profit tototal assets ratio

Ordinary profit toordinary revenues
ratio

Yen
Yen%%%
Fiscal year endedMarch 31, 2024
128.91128.844.9
0.7
30.4
March 31, 2023
89.13
89.08
3.8
0.5
24.5
(Reference) Equity in earnings (losses) of affiliated companies: Fiscal year ended March 31, 2024:¥- million
Fiscal year ended March 31, 2023:¥- million(Note) The rate of change over the previous for the fiscal year ended March 31, 2023 is not stated, as the company was founded onOctober 3, 2022.

(2) Consolidated Financial Position
Total assets
As ofMarch 31, 2024
March 31, 2023
(Reference) Equity:

Millions of yen

Net assets
Millions of yen

Capital adequacy ratio

Net assets per share%

9,258,385
843,0279.1
8,550,778
759,838
8.9
As of March 31, 2024:¥842,619 million
As of March 31, 2023:¥759,379 million(Note) Capital adequacy ratio = (Net assets – Stock acquisition rights − Non-controlling interests) / Total assets
This ratio is not the capital adequacy ratio specified by the Notice on Capital Adequacy Ratio Regulations.

Yen

2,781.71
2,462.02

(3) Consolidated Cash Flows
Cash flows fromoperating activities
Fiscal year ended
March 31, 2024
March 31, 2023

Cash flows frominvesting activities

Cash and cash
equivalents at the endof period

Cash flows fromfinancing activities

Millions of yen

Millions of yen

Millions of yen

Millions of yen

296,372(368,753)(481,437)
234,070(11,089)(12,804)

1,168,668
1,364,804

2. Dividends
Annual dividends
1st
2nd
3rd
quarter-end quarter-end quarter-end

Year-end

Total

Totaldividends

Fiscal year ended

Yen

YenYenYen

Yen Millions of yen

March 31, 2023

---

9.00

9.00

March 31, 2024

-

10.00

-

20.00

30.00

-

20.00

-

20.00

40.00

Payoutratio(consolidated)

Dividends
to netassets(consolidated)

%%

2,785

10.1

0.4

9,159

23.3

1.1

Fiscal year ending
March 31, 2025

37.9

(Forecast)(Note) 1. Figures for the first half of the fiscal year ended March 31, 2023 are not stated, as the company was founded on October 3,2022.
2. Breakdown of Dividends: ¥1.00 per share at the end of March 2023 as commemorative dividend
3. For the fiscal year ended March 31, 2023, the Iyo Bank which became a wholly owned subsidiary of the company through a single
share transfer, paid an interim dividend of 8 yen per share (total dividend of 2,507 million yen). When combined with the year-end
dividend of the company, the annual dividend of the company is 17 yen per share, the total dividends is 5,292 million yen, the Payout
ratio (consolidated) is 19.1%, and the Dividends to net assets (consolidated) is 0.7%.
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025 (April 1, 2024 to March 31, 2025)(% indicates changes from the previous corresponding period.)
Profit attributable toOrdinary revenues
Ordinary profit
Basic earnings per shareowners of parent
Six months ending
September 30, 2024
Full year

Millions of yen%

Millions of yen%

Millions of yen%

Yen

97,000(2.8)

22,500(39.8)

15,500(37.3)

51.16

190,000(1.4)

46,000(21.5)

32,000(18.9)

105.64

* Notes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes inscope of consolidation): 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: No
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):
March 31, 2024:
313,408,831 shares
March 31, 2023:
313,408,831 shares
2) Number of treasury shares at the end of the period:
March 31, 2024:
10,495,316 shares
March 31, 2023:
4,971,956 shares
3) Average number of shares outstanding during the period:
Fiscal Year ended March 31, 2024:
Fiscal Year ended March 31, 2023:

306,139,314 shares
312,994,765 shares(Note) The average number of shares of common stock during the fiscal year ended March 31, 2023 is calculated using the number ofthe Iyo Bank during the period from April 1, 2022 to October 2, 2022, which is the period before the incorporation of the company,and for the period from October 3, 2022 to March 31, 2023, using the number of the company.
※ This report is out of the scope of the audit by certified public accountants or independent audit firms.
※ Explanation for proper use of forecasts and other notes
The above forecasts are based on the information which is presently available and certain assumptions which are considered to bereasonable.
Actual results may differ materially from those forecasts depending on various future factors.

Consolidated Financial Statements
Consolidated Balance Sheets(Millions of yen)
As of March 31, 2023
AssetsCash and due from banks
Call loans and bills bought
Cash collateral provided for securities borrowed
Monetary claims bought
Trading securities
Money held in trust
Securities
Loans and bills discounted
Foreign exchanges
Lease receivables and investment assets
Other assets
Tangible fixed assets
Buildings, net
Land
Leased assets, net
Construction in progress
Other tangible fixed assets
Intangible fixed assets
Software
Other intangible fixed assets
Retirement benefit asset
Deferred tax assets
Customers' liabilities for acceptances and guarantees
Allowance for loan losses
Total assets
LiabilitiesDeposits
Negotiable certificates of deposit
Call money and bills soldSecurities sold under repurchase agreements
Cash collateral received for securities lent
Borrowed money
Foreign exchanges
Borrowed money from trust account
Other liabilities
Provision for bonuses
Retirement benefit liability
Provision for reimbursement of deposits
Provision for contingent loss
Provision for share-based compensation
Allowance for demolition of non-current assets
Reserves under special laws
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Acceptances and guarantees
Total liabilities

1As of March 31, 2024

1,367,081
50,085
5,606
492
6,647
1,493,078
5,304,319
40,40729,391
132,971
71,40016,774
48,232
1,497
246
4,649
11,7759,077
2,697
41,859268
30,696(35,302)8,550,778

1,169,948
8,478
4,599
232
6,416
2,073,496
5,645,392
7,281
31,527
164,827
74,832
16,99648,146
1,915
3,401
4,372
14,8358,883
5,951
51,538279
40,068(35,370)
9,258,385

6,167,148
629,191
77,501
684,070
3,680
1,045
92,636
1,793
10,146
845
1,100
430
885
480,291
9,472
30,696
7,790,940

6,482,018
443,063
5,299
91,460327,936757,237332
1,205
137,519
1,793
8,761
592
1,209
514
818
6
106,158
9,361
40,0688,415,357

(Millions of yen)
As of March 31, 2023
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
Revaluation reserve for landRemeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

20,00027,698483,166(3,792)
527,072
202,105
1,611
18,977
9,612
232,307149
309
759,838
8,550,778

2

As of March 31, 2024

20,00027,700516,974(8,900)555,773
250,4122,664
18,76515,002286,845119
289
843,027
9,258,385

Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income(Millions of yen)
For the fiscal year
ended March 31, 2023
Ordinary income
Interest income
Interest on loans and discounts
Interest and dividends on securitiesInterest on call loans and bills boughtInterest income on securities purchased underresale agreements
Interest on deposits with banks
Other interest income
Trust fees
Fees and commissions
Other ordinary income
Other income
Reversal of allowance for loan losses
Recoveries of written off receivables
Other
Ordinary expenses
Interest expenses
Interest on deposits
Interest on negotiable certificates of deposit
Interest on call money and bills soldInterest expenses on securities sold under
repurchase agreements
Interest expenses on cash collateral received forsecurities lentInterest on borrowings and rediscounts
Other interest expenses
Fees and commissions payments
Other ordinary expenses
General and administrative expenses
Other expenses
Provision of allowance for loan losses
OtherOrdinary profit
Extraordinary income
Gain on disposal of non-current assets
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Provision of reserve for financial instruments
transaction liabilities
Provision for demolition of non-current assets
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

3

For the fiscal year
ended March 31, 2024

172,954
96,15866,23627,123
158

192,758
133,862
89,471
40,950
310

-

(0)

1,880
759
5
14,53154,044
8,214
656
3,016
4,541
130,538
20,822
5,362
61
81

1,747
1,381
7
15,71035,576
7,601
374
7,226
134,179
50,917
12,379
87
715

382

2,142

1,771

6,887

3,949
9,214
4,852
46,61950,546
7,697
7,697
42,415
6
6
1,923
337
699

9,380
19,325
5,141
20,792
52,848
4,479
2,192
2,286
58,57948
48
558
373182

1

1885
40,497
11,332839
12,171
28,326426
27,89958,06914,6104,019
18,63039,438(25)
39,464

Consolidated Statements of Comprehensive Income(Millions of yen)
For the fiscal year
ended March 31, 2023
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 ofparent
Comprehensive income attributable to non-controllinginterests

4

For the fiscal year
ended March 31, 2024

28,326
12,723
11,625458
639
41,05039,43854,75048,307
1,053
5,389
94,18940,671

94,215378(25)

Consolidated Statements of Changes in Equity
For the fiscal year ended March 31, 2023
(Millions of yen)
Shareholders' equity

Balance at beginning ofperiod
Changes during period
Changes by share transfer

SharecapitalCapitalsurplusRetainedearnings

TreasurysharesTotalshareholders'equity20,94820,289468,487(4,871)

504,854

(948)

948

Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury shares
Disposal of treasury shares
Cancellation of treasury
sharesTransfer from retained
earnings to capital surplus
Reversal of revaluation
reserve for land
Purchase of shares ofconsolidated subsidiaries
Net changes in items otherthan shareholders' equity
Total changes during
periodBalance at end of period(5,051)(5,051)

27,89927,899(6,098)(6,098)

11

135

147

(7,335)

7,041

(293)

8,251

(8,251)

-80

80

5,533

5,533

(948)

7,408

14,678

1,078

22,21720,00027,698483,166(3,792)

527,072

Accumulated other comprehensive income
Valuation
Total
Share
NonDeferred
Remeasurements
difference
Revaluation
accumulated acquisition controlling
gains orof definedonreserve forotherrights
interests
losses on
benefitavailable-for-salelandcomprehensive
hedgesplans
securities
incomeBalance at beginning ofperiod
Changes during period

190,431

1,152

19,058

8,973

219,616

208

7,119

Total net
assets731,798

Changes by share transfer
Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury shares
Disposal of treasury shares
Cancellation of treasuryshares
Transfer from retained
earnings to capital surplus
Reversal of revaluation
reserve for land
Purchase of shares of
consolidated subsidiaries
Net changes in items otherthan shareholders' equity
Total changes during
periodBalance at end of period(5,051)
27,899(6,098)
147
(293)

80
5,533
11,673

458

(80)

639

12,690(58)(6,809)5,822

11,673

458

(80)

639

12,690(58)(6,809)28,039202,105

1,611

18,977

9,612

232,307149

309

759,838

5For the fiscal year ended March 31, 2024
(Millions of yen)
Shareholders' equity

Balance at beginning ofperiod
Changes during period

Sharecapital

CapitalsurplusRetainedearnings

TreasurysharesTotalshareholders'equity

20,00027,698483,166(3,792)

527,072

Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury shares
Disposal of treasury shares
Reversal of revaluation
reserve for land
Net changes in items otherthan shareholders' equity
Total changes during
periodBalance at end of period(5,868)(5,868)39,464

39,4641(5,226)(5,226)

117

119

212

212-1

33,808(5,108)28,701

20,00027,700516,974(8,900)555,773

Accumulated other comprehensive income
Valuation
Total
Share
NonDeferred
Remeasurements
difference
Revaluation
accumulated acquisition controlling
gains orof definedonreserve forotherrights
interests
losses on
benefitavailable-for-salelandcomprehensive
hedgesplans
securities
incomeBalance at beginning ofperiod
Changes during period

202,105

1,611

18,977

9,612

232,307

149

309

Dividends of surplus
Profit attributable toowners of parent
Purchase of treasury shares
Disposal of treasury shares
Reversal of revaluation
reserve for land
Net changes in items otherthan shareholders' equity
Total changes during
periodBalance at end of period

Total net
assets759,838(5,868)39,464(5,226)119
212
48,307

1,053

(212)

5,389

54,538(30)(20)

54,48748,307

1,053

(212)

5,389

54,538(30)(20)

83,189250,4122,664

18,76515,002286,845119

289

843,027

6

Consolidated Statements of Cash Flows(Millions of yen)
For the fiscal year
ended March 31, 2023
Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment losses
Increase (decrease) in allowance for loan losses
Increase (decrease) in provision for bonuses
Decrease (increase) in retirement benefit asset
Increase (decrease) in retirement benefit liability
Increase (decrease) in provision for reimbursement ofdeposits
Increase (decrease) in provision for contingent loss
Increase (decrease) in provision for share-based
compensation
Increase (decrease) in allowance for demolition of
non-current assets
Increase (decrease) in reserves under special laws
Interest income
Interest expenses
Loss (gain) related to securities
Loss (gain) on money held in trustForeign exchange losses (gains)
Loss (gain) on disposal of non-current assets
Net decrease (increase) in loans and bills discounted
Net increase (decrease) in deposits
Net increase (decrease) in negotiable certificates ofdeposit
Net increase (decrease) in borrowed money (excluding
subordinated borrowings)
Net decrease (increase) in due from banks (excluding
due from Bank of Japan)
Net decrease (increase) in call loans
Net decrease (increase) in cash collateral provided for
securities borrowed
Net increase (decrease) in call money
Net increase (decrease) in cash collateral received forsecurities lent
Net decrease (increase) in foreign exchanges - assets
Net increase (decrease) in foreign exchanges liabilities
Net decrease (increase) in lease receivables andinvestments in leases
Net increase (decrease) in borrowed money from trust
account
Interest received
Interest paid
Other, net
Subtotal
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of securities
Proceeds from sale of securities
Proceeds from redemption of securities
Increase in money held in trust
Decrease in money held in trust
Purchase of tangible fixed assets
Proceeds from sale of tangible fixed assets
Purchase of intangible fixed assets
Net cash provided by (used in) investing activities
7

For the fiscal year
ended March 31, 2024

40,497
6,141
699(2,298)11(4,016)(566)

58,069
6,379
182
68
(0)
(9,679)(1,384)

(330)

(252)

218

109

16

83

885

(67)

1(96,158)
20,82237
43(28,137)331(257,322)
145,298

1(133,862)
50,917(14,952)76(24,594)
325(341,072)
314,869

24,916(186,128)(66,232)

73,167224

996

602

(7,472)(50,085)

50,085(81,575)

96,759(62,397)

250,435(29,096)

33,125

1,843(3,348)600(2,135)490

160

97,924(16,781)(4,647)(358,037)(10,715)(368,753)

130,433(46,821)
13,552
308,027(11,654)
296,372(1,524,202)
1,711,722
55,726(857)
60(2,691)28(5,715)
234,070(2,557,770)
2,011,547
77,235(30)
370(6,269)433(6,953)(481,437)

(Millions of yen)
For the fiscal year
ended March 31, 2023
Cash flows from financing activities
Proceeds from share issuance to non-controllingshareholders
Repayments to non-controlling shareholders
Dividends paid
Dividends paid to non-controlling interests
Purchase of treasury shares
Proceeds from sale of treasury shares
Purchase of shares of subsidiaries not resulting inchange in scope of consolidation
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

8For the fiscal year
ended March 31, 2024

97

5(50)
(5,051)(2)(6,098)0(5,868)(5,226)0(1,699)-(12,804)(11,089)32

17(147,455)
1,512,259
1,364,804(196,136)
1,364,804
1,168,668