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, 2023
[Japanese GAAP]May 12, 2023
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 29, 2023
Scheduled date of commencing dividend payments: June 8, 2023
Scheduled date of filing annual securities report: June 30, 2023
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 millions of yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (April 1, 2022 to March 31, 2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to owners of
Ordinary revenues
Ordinary profit
parent%Millions of yen%
Millions of yen%
Millions of yen
Fiscal year ended
March 31, 2023
172,954
42,41527,899March 31, 2022
(Note) Comprehensive income:Fiscal year ended March 31, 2023:¥41,050 million [-%]
Fiscal year ended March 31, 2022:¥- million [-%]
Basic earnings per Diluted earnings per Rate of return on
share
shareequity

Ordinary profit tototal assets ratio

Ordinary profit toordinary revenues
ratio

Yen
Yen%%%
Fiscal year ended
March 31, 2023
89.13
89.08
3.8
0.5
24.5
March 31, 2022
(Reference) Equity in earnings (losses) of affiliated companies: Fiscal year ended March 31, 2023:¥- million
Fiscal year ended March 31, 2022:¥- million(Note) Figures for the fiscal year ended March 31, 2022 and the rate of change over the previous period are not stated, as the company
was founded on October 3, 2022.

(2) Consolidated Financial Position
Total assets
As ofMarch 31, 2023
March 31, 2022(Reference) Equity:

Millions of yen

Net assets
Millions of yen

Capital adequacy ratio

Net assets per share%

8,550,778
759,838
8.9
As of March 31, 2023:¥759,379 million
As of March 31, 2022:¥- million(Note)1. 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.
2. Figures for the fiscal year ended March 31, 2022 are not stated, as the company was founded on October 3, 2022.

Yen2,462.02-

(3) Consolidated Cash Flows
Cash flows fromoperating activities

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
Fiscal year ended
March 31, 2023
(368,753)
234,070(12,804)
1,364,804
March 31, 2022
(Note) Figures for the fiscal year ended March 31, 2022 are not stated, as the company was founded on October 3, 2022.

2. Dividends
Annual dividends
1st2nd3rdquarter-end quarter-end quarter-endYear-end

Payoutratio

Total
dividends

Total

Fiscal year ended

Yen

Yen

Yen

Yen

March 31, 2022-----

March 31, 2023

---

9.00

9.00

-

10.00

-

10.00

20.00

(consolidated)

Yen Millions of yen

Dividends
to netassets(consolidated)

%%

---

2,785

10.1

0.4

Fiscal year ending
March 31, 2024

24.2

(Forecast)(Note)1. Figures for the fiscal year ended March 31, 2022, and first half of the fiscal year ended March 31, 2023 are not stated, as thecompany 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, 2024 (April 1, 2023 to March 31, 2024)(% indicates changes from the previous corresponding period.)
Profit attributable toOrdinary revenues
Ordinary profit
Basic earnings per shareowners of parent
Millions of yen%

Millions of yen%

Millions of yen%

Yen

Six months ending
83,00018,50013,00042.14
September 30, 2023
Full year
165,000(4.6)
36,000(15.1)
25,500(8.6)
82.67(Note) The rate of change over the previous quarter for the second quarter (cumulative) is not stated, as the company was founded onOctober 3, 2022.

* 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: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: Yes
4) 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, 2023:
313,408,831 shares
March 31, 2022:- shares
2) Number of treasury shares at the end of the period:
March 31, 2023:
4,971,956 shares
March 31, 2022:- shares
3) Average number of shares outstanding during the period:
Fiscal Year ended March 31, 2023:
Fiscal Year ended March 31, 2022:

312,994,765 shares- shares(Note)1. Figures for the fiscal year ended March 31, 2022 are not stated, as the company was founded on October 3, 2022.
2. The average number of shares of common stock during the period is calculated using the number of the 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
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, netLand
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
Liabilities
Deposits
Negotiable certificates of deposit
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

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
6,167,148
629,191
77,501
684,070
3,680
1,045
92,636
1,793
10,146
845
1,100
430
885
4
80,291
9,472
30,696
7,790,940

1

(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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 securities
Interest on call loans and bills boughtInterest 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 for
securities lentInterest on borrowings and rediscounts
Other interest expenses
Fees and commissions payments
Other ordinary expenses
General and administrative expenses
Other expenses
Other
Ordinary 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 attributable to non-controlling interests
Profit attributable to owners of parent

172,954
96,15866,23627,123
158
1,880
759
5
14,53154,044
8,214
656
3,016
4,541
130,538
20,822
5,362
61
81
382
1,771
3,949
9,214
4,852
46,61950,546
7,697
7,697
42,415
6
6
1,923
337
699
1885
40,497
11,332839
12,171
28,326426
27,8993

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

28,326
12,723
11,625458
639
41,05040,671378

4

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

Balance at beginning of period

SharecapitalCapitalsurplusRetainedearnings

20,94820,289468,487(948)948

TotalTreasury
shareholders'shares
equity(4,871) 504,854

Changes during period
Changes by share transfer
Dividends of surplus
Profit attributable to owners ofparent
Purchase of treasury shares

Balance at end of period

Balance at beginning of period(5,051)(5,051)

27,89927,899(6,098)

Disposal of treasury shares
Cancellation of treasury shares
Transfer from retained earnings
to capital surplus
Reversal of revaluation reserve
for landPurchase of shares ofconsolidated subsidiaries
Net changes in items other thanshareholders' equity
Total changes during period-(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
DeferredRemeasurements
difference
Revaluation
accumulated acquisition Non-controlling Total net
gains orof definedinterests
assetsonreserve forotherrights
losses on
benefitavailable-for-salelandcomprehensive
hedgesplans
securities
income190,431
1,152
19,058
8,973
219,616208
7,119
731,798

Changes during period
Changes by share transfer
Dividends of surplus
Profit attributable to owners ofparent
Purchase of treasury shares(5,051)
27,899(6,098)

Disposal of treasury shares

147

Cancellation of treasury shares
Transfer from retained earnings
to capital surplus
Reversal of revaluation reserve
for landPurchase of shares ofconsolidated subsidiaries
Net changes in items other thanshareholders' equity
Total changes during period(293)

Balance at end of period

80
5,533
11,673

458

(80)

639

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

11,673458(80)639

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

1,611

18,977

9,612

232,307149

309

759,8385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-basedcompensation
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 trust
Foreign 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 for
securities 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

40,497
6,141
699(2,298)11(4,016)
(566)
(330)
218
16885
1(96,158)
20,82237
43(28,137)331(257,322)
145,298
24,916(66,232)224
602(50,085)(81,575)(62,397)(29,096)
1,843
600
490
97,924(16,781)(4,647)(358,037)(10,715)(368,753)

6

(Millions of yen)
For the fiscal year
ended March 31, 2023
Cash flows from investing activities
Purchase of securitiesProceeds 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
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(1,524,202)
1,711,722
55,726(857)
60(2,691)28(5,715)
234,070
97(50)(5,051)(2)(6,098)0(1,699)(12,804)
32(147,455)
1,512,259
1,364,804

7