Information Pack. The San-in Godo Bank, Ltd.

Transcription

1 Information Pack The San-in Godo Bank, Ltd.

2 Reference Materials

3 Reference 1. Major Statistics for San-in Prefectures Shimane Prefecture Tottori Prefecture Japan Total population: 737,000 (46th in Japan) Percentage of elderly population: 27.5% (No. 1 in Japan) Number of business establishments: 41,185 places (45th in Japan) Gross Prefectural Product: 2,677.7 billion yen (45th in Japan) Shipment value of manufactured goods: 1,111.7 billion yen (44th in Japan) Ratio of public works expenditure to gross prefectural expenditure Public works expenditure: 11. 2% (No. 1 in Japan) Total population: 604,000 (47th in Japan) Percentage of elderly population: 24.7% (11th in Japan) Number of business establishments: 28,804 places (47th in Japan) Gross Prefectural Product: 2,251.8 billion yen (47th in Japan) Shipment value of manufactured goods: 1,034.6 billion yen (45th in Japan) Ratio of public works expenditure to gross prefectural expenditure Public works expenditure: 7.8% (12th in Japan) Total population: 127,770,000 Percentage of elderly population: 20.8% Number of business establishments: 5,869,000 places Gross Domestic Product: trillion yen Shipment value of manufactured goods: trillion yen Ratio of public works expenditure to gross domestic expenditure Public works expenditure: 4.5% * Source: FY 2006 Demographic Yearbook, FY 2006 Business Outlook Survey, FY 2004 Annual Report on Prefectural Accounts, FY 2005 Annual Reports on National Accounts, and FY 2006 Industrial and Commercial Statistics

4 Reference 2. Economic Environment in San-in Prefectures (Shimane and Tottori) San-in s share of GDP Shares of individual industrial sectors in gross prefectural product Place Prefecture Actual Amount (100 million yen) Share <San-yo & Hyogo> Driven by private and manufacturing sectors <San-in> Driven by public works and construction sector 1 Tokyo 885, % 2 Osaka 405, % Others Aichi 371, % 8 Hyogo 195, % Manufacturing sector Hiroshima 115, % Okayama 74, % 8.3 Onepercent economic zone 45 Shimane 47 Tottori (32) San-in prefectures 25, % 20, % 46, % Construction sector Agriculture and fisheries Government service producers Total of all prefectures 5,273, % Japan Hyogo San-yo San-in prefectures *Source: FY 2004 Annual Report on Prefectural Accounts, and FY 2005 Annual Reports on National Accounts

5 Reference 3. Shifts in Population and Family Income Population shifts and outlook for Tottori Prefecture (forecast values in and after 2010) Population shifts and outlook for Shimane Prefecture (forecast values in and after 2010) Elderly-population Actual figures ratio: 24.1% Forecasts Elderly-population 700 (thousands) ratio: 34.5% Total 604 Total 616 Total 616 Total 615 Total 613 Total 607 Total 596 Total Total Total Total Total (thousands) Actual figures Elderly-population ratio: 27.1% Forecasts Elderly-population ratio: 37.3% Total 785 Total 795 Total 781 Total 771 Total 762 Total 742 Total Total Total Total Total Total years old and younger 15 to 64 years old 65 years old and older 14 years old and younger 15 to 64 years old 65 years old and older Source: National Census by Ministry of Internal Affairs and Communications; and Future Population Shift by Prefecture by National Institute of Population and Social Security Research (Estimates as of May 2007) Shifts in the number of families in San-in prefectures The numbers of families are increasing while the populations is decreasing. Shifts in family income in San-in prefectures (Families in thousands) Tottori Prefecture Shimane Prefecture Source: National Census by Ministry of Internal Affairs and Communications (10,000 yen) Source: Personal income indices by JPS Co., Ltd Tottori Prefecture Shimane Prefecture

6 Reference 4. Fertility Rates and Declining Birthrates Total fertility rate shifts Tottori Prefecture Shimane Prefecture Japan Source: Vital Statistics by Ministry of Health, Labour and Welfare rd and 4th fertility rates in Japan Total fertility rate by prefecture (2006) 10 Highest Prefectures 10 Lowest Prefectures 1 Okinawa Hyogo Miyazaki Miyagi Shimane Saitama Tottori Chiba Kagoshima Kanagawa Fukui Osaka Saga Nara Kumamoto Kyoto Fukushima Hokkaido Nagasaki Tokyo 1.02 National average 1.32 Source: Vital Statistics by Ministry of Health, Labour and Welfare Percentage of full-time employees among female workers aged 25 to 39 (2002) 10 Highest Prefectures 10 Lowest Prefectures 1 Toyama 64.4% 38 Saitama 52.8% 2 Kochi 63.7% 39 Hyogo 52.6% 3 Yamagata 63.6% 40 Chiba 52.4% 4 Fukui 61.9% 41 Hiroshima 52.3% 5 Shimane 61.3% 42 Shiga 52.0% 6 Fukushima 60.7% 43 Wakayama 51.8% 7 Tokushima 60.4% 44 Aichi 51.8% 8 Niigata 60.4% 45 Hokkaido 51.4% 9 Tottori 60.3% 46 Mie 51.3% 10 Aomori 59.9% 47 Osaka 50.9% National average 55.0% Source: Employment Status Survey by Ministry of Internal Affairs and Communications Percentage of workers who work 60 hours and longer per working week (Workers with 200 days and more worked in a year) (2002) 10 Highest Prefectures 10 Lowest Prefectures 1 Shimane 3.0% 38 Yamagata 5.1% 2 Tokushima 3.2% 39 Kanagawa 5.1% 3 Okayama 3.2% 40 Wakayama 5.3% 4 Kagawa 3.6% 41 Kumamoto 5.6% 5 Ibaragi 3.6% 42 Nagano 5.8% 6 Okinawa 3.7% 43 Saga 5.9% 7 Toyama 3.8% 44 Miyagi 6.3% 8 Tottori 3.8% 45 Kyoto 6.4% 9 Oita 3.8% 46 Hokkaido 6.8% 10 Niigata 3.8% 47 Tokyo 8.1% National average 5.1% Source: Employment Status Survey by Ministry of Internal Affairs and Communications Affluence does not necessarily lead to higher fertility rates 1.80 Percentages of three-generation families and total fertility rates (2006) Shifts in numbers of high school graduates and percentages of students pursuing higher education 20,000 (person) Outflow of younger generation to other prefectures 50.0 Total fertility rates (2006) Kagoshima Tokyo Okinawa Shimane Tottori Yamagata 18,000 16,000 14,000 12,000 10,000 18,325 17,864 17,412 16,405 16,029 15,787 15, ,084 14,700 14, ,941 FY Percentages of three-generation families (2005) (%) Number of graduates of San-in prefectures Percentage of students pursuing higher (left axis) education in Tottori (right axis) Percentage of students pursuing higher education in Shimane (right axis) Source: National Census by Bureau of Statistics, Ministry of Internal Affairs and Communications; and Vital Statistics by Statistics and Information Department, Secretariat of the Minister of Health, Labour and Welfare Source: Reports on Results of School Basic Survey by Statistics Department, Planning Division, Tottori Prefecture; and Statistical Survey Department, Shimane Prefecture

7 Reference 5. Business Trend (1) Business Sentiment Index (BSI) (BSI = Ratio of companies replying Economy is Good Ratio of those replying, Bad ; comparison with the preceding period) Manufacturing industries Non-manufacturing industries FY nd half st FY nd half 1st nd st nd st Business sentiment is worsening, while outlook is improving. Source: Business Trend Survey by San-in Economics & Management Institute Business Sentiment Index (BSI) by sector (BSI = Ratio of companies replied Economy is Good Ratio of those replying, Bad ; comparison with the preceding period) Performance of sectors targeting the global market is good nd st nd st 6.5 (Forecast) nd nd st nd FY nd half st nd st st nd (Forecast) nd Manufacturing industries Pulp/paper Steal/metal Machineries Transportation machineries Electric machineries Other manufacturing sectors Textile Lumber/wood products Food Ceramics/soil & stone Source: Business Trend Survey by San-in Economics & Management Institute st nd st 3.5 (Forecast) nd Improvement in the employment climate upped consumption. FY nd half st nd st nd (Forecast) Non-manufacturing industries (adjusted) Restaurants/hotels Building materials wholesale Automobile retail IT Department stores/supermarkets Transportation Other wholesale Other services Food wholesale Oil fuel retail Other retail Construction Industrial Production Index (seasonally-adjusted, Year 2000 = 100) Jan. to Sep Jan Feb Mar Apr May Jun Jul Aug Sep Source: Chugoku Bureau, Ministry of Economy, Trade and Industry Year-on-Year Changes in Home Appliance Sales Jan to Sep Source: Chugoku Branch, Research Institute of Economy, Trade and Industry Year-on-Year Changes in Unit Sales of New Passenger Vehicles (San-in prefectures) Shimane Prefecture Registered vehicles Light motor vehicles Tottori Prefecture Shimane Prefecture Source: Statistics Department, Tottori Prefecture, and Statistical Survey Department, Shimane Prefecture Year-on-Year Changes in Sales of Large Retail Stores (Department stores and supermarkets) Tottori Prefecture Tottori Prefecture Shimane Prefecture Jan to Oct Source: Tottori Car Dealers Association; and Shimane Branch, Chugoku District Transport Bureau

8 Reference 6. Business Trends (2) Job opening to applicant ratio (seasonally-adjusted) Labor market getting tighter Tottori Prefecture 1.80 Shimane Prefecture (Jan. to Sept.) Source: Employment Security Department, Tottori Labor Bureau; and Employment Security Department, Shimane Labor Bureau Public works contract amounts (San-in prefectures) 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 (100 million yen) 4,694 5,147 6,503 5,847 5,258 4,952 Source: West Japan Construction Surety Co., Ltd. 4,490 3,682 Severe conditions continue. 3,153 3,106 2,883 FY Active job opening to applicant ratio (seasonally-adjusted) Tottori Prefecture Shimane Prefecture (Jan. to Sept.) Source: Employment Security Department, Tottori Labor Bureau; and Employment Security Department, Shimane Labor Bureau Year-on-year change in capital investment (San-in prefectures) (%) FY 2004 FY 2005 FY 2006 FY 2007 plan All industries Small-to-medium sized enterprises (SME) Manufacturing industries SME Non-manufacturing industries SME Substantial increase is planned for FY Source: Business Trend Survey by San-in Economics & Management Institute 2,200 2,000 1,800 1,600 1,400 1,200 1,000 Number of Hotel Guests at Major Hot Spring Spas (San-in prefectures) (Thousands) 1,982 2,037 1,721 1,708 Source: Survey by San-in Economics & Management Institute (Total of Misasa, Kaike, Matsue Shinjiko, and Tamatsukuri) Number of Tourists (2006) 1,636 1,685 1,631 1,622 1,576 Expo 2005 Aichi (March 25 to September 25, 2005) 1,491 1, Tottori Prefecture Tourist sites/facilities Tottori dune/inaba hot spring village Actual number of visitors (thousands) Compared with 2005 (%) Shimane Prefecture Tourism industry is eyeing baby boomers and tourists from abroad and surroundings 2, Izumo Shrine 2, Tottori Nashinohana hot spring village and surroundings Hinomisaki 1, Yonago/Kaike hot spring and surroundings Shimane winery 1, Sakai Port and surroundings 1, Taikodani Inari Shrine Daisen and surroundings Iwami Seaside Park Higashi Hoki and surroundings 1, Ichibata Yakushi Uradome coast/iwai hot spring and surroundings 1, Tamatsukuri hot spring Yazu 1, Mt. Sanbe Okuhino and surroundings 119 Tourist sites/facilities Actual number of visitors (thousands) Compared with 2005 (%) 15.5 Road Station Kirara Taki Grandtoit Source: Dynamic Tourist Survey by Tourism Department, Culture & Tourism Bureau, Tottori Prefecture; and Results of Dynamic Tourist Survey in Shimane by Tourism Promotion Department, Shimane Prefecture Note: As Tottori prefectural government and Shimane prefectural government employ different aggregation methods, a simple comparison cannot be made.

9 Reference 7. Branch Network and Summary of Loan Portfolio by Prefecture As of Dec. 10, 2007 Number of branches Shimane 69 Tottori 59 San-in prefectures 128 Hiroshima 5 Okayama 6 Hyogo 6 San-yo Hyogo 17 Osaka 1 Tokyo 1 Grand total 147 (Head, branch, and sub-branch offices) billion yen billion yen 69 branches 59 branches Loans and discounts outstanding at end September 2007: 2,115.6 billion yen Tottori Prefecture Loans and discounts outstanding by prefecture Corporations Individuals Local authorities Financial institutions Shimane Prefecture Okayama Prefecture Hyogo Prefecture Hiroshima Prefecture billion yen 5 branches billion yen 6 branches 151 billion yen 6 branches * Loans and discounts: as of Sep. 30, 2007; branches: as of Dec. 10, 2007 Others Osaka:77 billion yen; Tokyo: billion yen

10 Reference 8. Conditions of Loan Portfolio by Debtor Class (by region) 100 million yen 18,000 Bankrupt and quasi-bankrupt, and doubtful assets 6.8% 13,500 9,000 Substandard assets 18.1% 4.8% 19.7% San-in prefectures 4.7% 22.0% 5.1% 21.2% 6,000 5,000 4,000 3, % 10.9% San-yo & Hyogo 2.2% 10.1% 2.3% 13.6% 2.5% 12.9% 4,500 Normal assets 75.1% 75.5% 73.3% 73.7% 2,000 1, % 87.7% 84.1% 84.6% 0 4,000 3,000 2,000 March 31, 2005 March 31, 2006 March 31, 2007 September 30, % 10.2% Tokyo & Osaka 1.1% 4.4% 0.9% 4.3% 0.8% 2.6% 0 25,000 20,000 15,000 March 31, 2005 March 31, 2006 March 31, 2007 September 30, % Total 3.8% 3.6% 3.8% 15.6% 15.7% 17.7% 16.4% 1, % 94.5% 94.8% 96.6% 10,000 5, % 80.5% 78.7% 79.8% 0 March 31, 2005 March 31, 2006 March 31, 2007 September 30, March 31, 2005 March 31, 2006 March 31, 2007 September 30, 2007

11 Reference 9. Loan Concentrations in Specified Industries 100 million yen Shifts in Loans to Specified Industries Bank and Insurance Construction Real estate Wholesale and retail 100 million yen Top 100 Large-scale Assets Bankrupt and quasibankrupt, and doubtful assets Risk-managed assets Ratio within total loans 8,000 6, % 4.5% 4.9% 4.5% 4.1% 4.1% 5.0% 3.9% 6,000 5,000 Substandard assets Normal assets 3.4% 1.0% 5.8% 1.2% 0.9% 8.1% 0.4% 0.9% 13.8% 0.7% 1.8% 7.9% 4, % 10.9% 10.6% 9.7% 4, % 89.9% 84.9% 89.6% 2, % 12.8% 12.6% 12.2% 0 March March March September ,000 March March March September *Percentages indicate ratio within total loans

12 Reference 10. Debtor Classification Shift Unit: 100 million yen Accounting Period ended September 2007 (Total credit base) Normal Substandard Doubtful Riskmanaged Quasibankrupt Bankrupt Bulk/Direct depreciation Collection Normal 16,847 16, Fiscal Year ended March Substandard 3,610 Riskmanaged 226 Doubtful 560 Quasibankrupt 196 Bankrupt , Total 21,480 16,387 3,

13 Reference 11. Securities Portfolio Securities Outstanding by Current Maturity (September 30, 2007) Unit: million yen Government bonds Local government bonds 1 year and shorter Over 1 year to 3 years Over 3 years to 5 years Over 5 years to 7 years Over 7 years to 10 years Over 10 years Maturity not-defined 28,047 50,460 66, , ,479 39, ,294 17,325 42,602 49,931 34,579 47, ,338 Total Corporate bonds 6,839 9,118 18,390 2,297 8,408 15,211 60,265 Stock 89,415 89,415 Other securities 4,046 12,386 16,051 13,260 14,699 66,292 15, ,625 Total 56, , , , , , ,304 1,387,939 Portfolio Performance Trend FY e nde d March 31, 2005 FY e nde d March 31, 2006 FY e nde d March 31, 2007 Interim Period ended September 30, 2007 Yields on Securities 1.95% 1.89% 1.98% 1.95% Investment Deposit Ratio (on an average-balance basis) 37.59% 37.88% 40.06% 43.32% Duration of Yen-Denominated Bonds 5.40 year 5.75 year 5.72 year 5.66 year Gain(loss) on Securities 21.6 billion yen 25.3 billion yen 24.6 billion yen 21.9 billion yen

14 Reference 12. Integrated Risk Management 100 million yen Capital Allocation for Second Half of FY 2007 Capital is strategically utilized based on actual risk amounts and profit plan. Definition of risk amounts (Confidence interval, holding period) 2,000 Nonconsolidated Tier I 2,230 Unallocated capital 658 Securities risk Bond Pure investment stock Development investment stock Credit risk Deposit-loan interest rate risk Operational risk 99% 3 months 99% 3 months 99% 6 months 99% 1 year 99% 3 months Basic indicator approach 1, ,000 Allocated risk capital 1, (Reference) Operational risk Deposit-loan interest rate risk Credit risk* 500 1, Securities risk 0 Allocation resource Allocated risk capital Breakdown of allocation (As of September 30, 2007) * Credit risk amount as of June 30, 2007

15 Reference 13. Quantitative Targets for the Last Fiscal Year of the Medium-term Management Plan [Income level and financial ratios] Item Results of FY ended Plan for FY ending March 31, 2006 March 31, 2009 Results of FY ended March 31, 2007 Results of Interim Period ended September 30, 2007 Income from core business 25.9 billion yen 27.5 billion yen 24 billion yen 11.4 billion yen Net income 9.4 billion yen 11.5 billion yen 11.3 billion yen 5.9 billion yen OHR (on a core-gross-business-income basis) 60.64% Less than 60% 62.57% 63.56% ROE (Net Income/Average of end-of-year net assets and beginning-of-year net assets) 3.98% 4.5% and higher 4.61% 4.74% Ratio of fees and commission (Net fees and commission/core gross business income) 13.82% 17.0% and higher 15.10% 14.72% Ratio of non-performing loans (disclosed loans under rehabilitation law) 4.52% Less than 3% 4.35% 4.54% Consolidated net income 9.8 billion yen 12 billion yen 12 billion yen 6 billion yen [Deposit/loan balance] Average balance of loans and discounts billion yen 2200 billion yen billion yen billion yen Loans to corporations billion yen 1270 billion yen billion yen billion yen Loans to individuals 478 billion yen 520 billion yen billion yen billion yen Average deposit balances billion yen 3200 billion yen billion yen billion yen Loans to individuals billion yen 2010 billion yen billion yen billion yen [Balance of assets under management] Investment trusts 68.6 billion yen 200 billion yen billion yen billion yen Individual annuity insurance 44.5 billion yen 130 billion yen 62.4 billion yen 65.5 billion yen

16 Reference 14. Income on Capital Scenarios and Basic Assumptions Interest rate scenario I: Interest rate scenario II: No interest-rate raise Interest-rate raise of 0.25%, Once (May 2008) Interest rate scenario III: Interest-rate raise of 0.25%, Twice (Feb and Aug. 2008) Scenario I Yield spread shift (yen-denominated assets only) FY ended March 31, 2006 Deposit-loan yield spread 2.02 FY ended March 31, 2007 FY ending March 31, 2008 FY ending March 31, Deposit-securities yield spread (Average balances) Yen-denominated deposits: 1% year-on-year increase Loans: marginal level Securities: natural (Only underwriting considered) (Catch-up rate) Catch-up rate of short-term prime rate 80% Rate sensitivity of demand deposit 40% Rate sensitivity of time deposit 75% Scenario II Scenario III Deposit-loan yield spread Deposit-securities yield spread Deposit-loan yield spread Deposit-securities yield spread Short-term prime rate hike, renewal of mortgage interest rates and others Yields on loans go up. Leveling-off yields on securities Reduced yield spread Agile management can increase yields. Scenario I 100 million yen 100 million yen Income on capital (Results) (Plan) (Simulation) (Results) 582 Scenario II 569 (Simulation) million yen (Results) 582 Scenario III 568 (Simulation) Loan interest rates Yields on securities Deposit interest rates FY ended March FY ending March 31, , 2008 FY ending March 31, 2008 FY ending March 31, FY ended March 31, 2007 FY ending March 31, 2008 FY ending March 31, FY ended March 31, 2007 FY ending March 31, 2008 FY ending March 31, 2009

17 Reference 15. Overview of Business Results of Group Companies for the First Half of FY 2007 Name of company Accounting term Sales Interim income Net asset Remarks Matsue Real Estate Co., Ltd. Gogin Business Services Co., Ltd. Gogin Staff Services Co., Ltd. Gogin Agency Co., Ltd. San-in Office Services Co., Ltd. San-in Servicing Co., Ltd. San-in General Lease Co., Ltd. Gogin Guaranty Co., Ltd. Gogin Credit Co., Ltd. San-in Economics and Management Institute Co., Ltd. Gogin System Services Co., Ltd. Gogin Capital Co., Ltd. San-in Card Business Co., Ltd. Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, ,617 Interim Period ended September 30, ,285 Difference Interim Period ended September 30, , ,567 Interim Period ended September 30, , ,301 Difference Interim Period ended September 30, ,350 Interim Period ended September 30, ,935 Difference Interim Period ended September 30, ,565 Interim Period ended September 30, ,575 Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference Interim Period ended September 30, Interim Period ended September 30, Difference *All of the abovementioned companies are consolidated subsidiaries. Management of buildings such as shops and corporate housing outsourced to the company (Unit: millions of yen) Due diligence on cash, collection of cash, and ATM maintenance and management outsourced to the company Staffing agency to dispatch temporary workers mainly to San-yo Gogin Bank and its group companies Launched in February 2004 as management company of 26 deposit-agency outlets Outsourced mainly back office operations of branch offices to this company. Though the value of debts recovered increased, the number of recovered receivables high in profitability declined, thus net income decreased compared with the preceding fiscal year. Earnings climate is severe due to competition with other companies, however, continuation of existing lease contracts and expansion of targets to sell properties increased income. Guarantee fees decreased due to the decline in the balance of mortgage loan guarantee. Launched a cash card integrated a credit function in October Membership stands at 108 thousand as of September Think tank. Main clients include local authorities and San-in Gogin Bank. Outsourced system operation and EB-related operations to this company. No IPO cases lead to decrease in income. Outsourced management services of resort facilities to this company.

18 Data Sheet

19 Data Sheet 1 [Profit and loss] (millions of yen) FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 Interim Interim Interim Interim(a) Interim(b) (b)-(a) Gross business income Excl. Net gain related to bond transactions Domestic gross business income Net interest income Net fees and commissions Other income International gross business income Net interest income Net fees and commissions Other income Expenses Net business profit before transfer to general reserve for possible loan losses Excl. Net gain related to bond transactions Transfer to general reserve for possible loan losses Net business profit Net gain related to bond transactions Unusual profit and loss Net gain related to stock transactions Bad debt expenses Loans written-off Transfer to specific reserve for possible loan losses Loss on sale of delinquent loans Ordinary profit Extraordinary profit Income before income taxes Income taxes, current Income taxes, deferred Net income OHR ROE (A full year basis) Ratio of fees and commissions to core gross business income *OHR = Expenses/Core gross business income, ROE = Net income/average capital

20 Data Sheet 2 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 Interim Interim Interim Interim(a) Interim(b) (b)-(a) ROA ROE Net interest margin (Domestic operation) Yield on interest-earning assets Loans Securities Total funding cost Deposits Other liabilities (millions of yen) Sep Mar Sep Mar Sep Mar Sep Mar Sep Semi-annual change Cash and due from banks Call loans Bills purchased Debt purchased Trading securities Money held in trust Securities Loans and bills discounted Foreign exchange Other assets * Premises and equipment * Tangible fixed assets * Intangible assets * Deferred tax assets Customers' liabilities for acceptances and guarantees Reserve for possible loan losses Reserve for devaluation of securities Total Assets *Starting from Sep. 2006, "Premises and equipment" was classified as "Tangible assets," "Intangible assets" or "Other assets.

21 Data sheet 3 (millions of yen) Disclosed assets based on financial reconstruction law Sep Mar Sep Mar Sep Mar Sep Mar Sep Semi-annual change Total Disclosed assets Bankrupt and quasi-bankrupt assets Percentage against total amount Doubtful assets Percentage against total amount Substandard loans Percentage against total amount Subtotal (A) Percentage against total amount Normal assets Percentage against total amount Preservation (B) + Collateral and guarantees Bankrupt and quasi-bankrupt assets Doubtful assets Substandard loans Reserve for possible loan losses Bankrupt and quasi-bankrupt assets Doubtful assets Substandard loans Coverage ratio (B)/(A) Bankrupt and quasi-bankrupt assets Doubtful assets Substandard loans Ratio of reserve /(A- ) Bankrupt and quasi-bankrupt assets Doubtful assets Substandard loans

22 Data sheet 4 (millions of yen, %) March 2004 March 2005 March 2006 March 2007 September 2007 Semi-annual change Balance Percentage Balance Percentage Balance Percentage Balance Percentage Balance Percentage Balance Percentage Total loans (Excl. JOM account) Manufacturing Agriculture Forestry Fishery Mining Construction Electric power, gas, heat supply, and water supply Telecommunication Transportation Wholesale and retail Finance and insurance Real estate Services Local government Others Foreign and special government bond transaction account Total

23 Data sheet 5 (millions of yen) Semiannual Sep Mar Sep Mar Sep Mar Sep Mar Sep change Loans to individuals Housing loans Other loans Loans to small and medium-sized companies (Percentage against total amount) Risk managed loans (Percentage against total amount) Loans to borrowers under bankruptcy proceedings (Percentage against total amount) Non-accrual past due loans (Percentage against total amount) Loans past due for three months or more (Percentage against total amount) Loans with altered lending conditions (Percentage against total amount) Reserve for possible loan losses General reserve Specific reserve Reserve for specific foreign borrowers Reserve ratio ( + / ) (Note) Since the fiscal year ended March 31, 2007, on the self-assessment of assets, loans and discounts to the debtor class of bankrupt have been included in bankrupt loan assets, regardless of actual recording of such assets in deferred income, and loans to quasi-bankrupt and doubtful debtors have been included in nonperforming loans, regardless of actual recording of such assets in deferred income.

24 Data Sheet 6 (millions of yen) FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 Interim Interim Interim Interim(a) Interim(b) (b)-(a) Net gain related to bond transactions Gains on sales Gains on redemption Losses on sales Losses on redemption Losses on devaluation Net gain related to stock transactions Gains on sales Losses on sales Losses on devaluation Sep Mar Sep Mar Sep Mar Sep Mar Sep Semi-annual change Holding gains and losses of securities Held to maturity Other securities (A) Stocks Bonds Others Deferred tax liabilities on (A) (B) Net holding gain on other securities (A)-(B)

25 Data Sheet 7 [Liabilities and net assets] (millions of yen) Sep Mar Sep Mar Sep Mar Sep Mar Sep Semi-annual change Deposits Negotiable certificate of diposits Call money Cash collateral received under securities lending Bills sold Borrowed money Subordinated borrowings Foreign exchange Other liabilities Reserve for employees' bonuses Reserve for bonuses to directors and corporate auditors Reserve for employees' retirement benefits Reserve for retirement benefits for directors and corporate auditors Reserve for loss on repayment of dormant deposits Deferred tax liabilities for land revaluation excess Acceptances and guarantees Total liabilities Common stock Capital surplus Retained earnings Treasury stock Net unrealized gain on other securities Net deferred gain on hedging instruments * Land revaluation excess Total net assets ex-total shareholders' equity) * Total liabilities and net assets * Due to the adoption of new accounting standard, "total shareholders' equity" has stated as "total net assets" since Sep

26 Data Sheet 8 (millions of yen) Sep Mar Sep Mar Sep Mar Sep Mar Sep Semi-annual change Non-consolidated capital adequacy ratio (domestic standard) Capital Tier I Tier II Deductions Risk-weighted assets Consolidated capital adequacy ratio (domestic standard) Capital Tier I Tier II Deductions Risk-weighted assets Nikkei stock index (yen) Exchange rate ($ = Yen) Sep Mar Sep Mar Sep Mar Sep Mar Sep Semi-annual change Number of branches Number of employees (yen) Dividend per share Net income per share Net assets per share PBR PER (a full year basis) Stock Price