Hokuhoku Financial : Fiscal Year 2023 ended March 31, 2024

Summary：

			May 10, 2024
	Financial Results for Fiscal 2023 (Japanese GAAP)
Company Name:	Hokuhoku Financial Group, Inc.
Stock Code Number (Japan):		8377
Stock Exchanges (Japan):		Tokyo Stock Exchange (Prime Market), Sapporo Securities Exchange
URL:		https://www.hokuhoku-fg.co.jp/
Address:		1-2-26Tsutsumicho-dori,Toyama-city, Toyama Pref., 930-8637, Japan
Representative:		Name:	Hiroshi Nakazawa
		Title:	President & CEO
Trading Accounts:		Established
Ordinary General Meeting of Shareholders (scheduled):	June 21, 2024
Commencement of Dividend Payment (scheduled):	June 24, 2024

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

1. Financial Highlights for Fiscal 2023 (for the fiscal year ended March 31, 2024)

(1) Consolidated Results of Operations				(%: Changes from previous fiscal year)
	Ordinary Income		Ordinary Profits		Net Income Attributable to Owners of the Parent
	¥	million		%	¥ million	%	¥ million	%
Fiscal 2023		190,104		1.2	23,278	(11.8)	23,048	7.5
Fiscal 2022		187,883		5.7	26,392	(12.8)	21,435	4.4

Reference: Comprehensive income: Fiscal 2023: ¥67,683 million [－%]; Fiscal 2022: ¥229 million [－%]

	Net Income	Diluted Net Income	Net Income		Ordinary Profits		Ordinary Profits
	per Share of Common Stock	per Share of Common Stock	on Own Capita		to Total Assets		to Ordinary Income
	¥	¥		%		%	%
Fiscal 2023	176.99	176.28		3.7		0.1	12.2
Fiscal 2022	159.18	158.63		3.5		0.2	14.0

Reference: Equity in Income from Investments in Affiliates: Fiscal 2023: ¥31 million; Fiscal 2022: ¥17 million

(2) Consolidated Financial Conditions

Total Assets	Total Net Assets	Own Capital Ratio	Total Net Assets
per Share of Common Stock

	¥ million	¥ million	%	¥
Fiscal 2023	16,382,886	664,933	4.0	5,083.31
Fiscal 2022	16,172,700	612,212	3.8	4,491.95

Reference: Own Capital: as of March 31, 2024: ¥660,483 million; as of March 31, 2023: ¥608,201 million

Note: Own Capital Ratio is calculated as follows: (Total Net Assets−Stock Acquisition Rights−Non-controlling Interests)/ Total Assets×100

(3) Conditions of Consolidated Cash Flows

	Cash Flows from	Cash Flows from	Cash Flows from	Cash and Cash Equivalents
	Operating Activities	Investing Activities	Financing Activities	at the end of the fiscal Year
	¥ million	¥ million	¥ million	¥ million
Fiscal 2023	82,434	131,360	(15,085)	4,540,390
Fiscal 2022	(1,466,582)	367,722	(10,981)	4,341,640

2. Cash Dividends for Shareholders of Common Stock

		Cash Dividends per Share			Total Cash Dividends	Dividends Pay-out Ratio	Dividends on Net Assets
(Record Date)	The end of	The end of	The end of		Fiscal	Annual	(Annual)	(Consolidated basis)	(Consolidated basis)
1st Qtr	2nd Qtr	3rd Qtr		year-end
	¥	¥	¥		¥	¥	¥ million	%	%
Fiscal 2022	－	0.00	－		37.00	37.00	4,740	23.2	0.8
Fiscal 2023	－	0.00	－		40.00	40.00	4,983	22.6	0.8
Fiscal 2024	－	20.00	－		20.00	40.00	グレー	20.2	グレー
(forecast)

3. Earnings Estimates for Fiscal 2024 (for the fiscal year ending March 31, 2025)

(%: Changes from corresponding period of previous fiscal year)

	Ordinary Profits		Net Income		Net Income
		Attributable to Owners of the Parent	per Share of Common Stock
	¥	million	%	¥ million	%	¥
Interim		20,000	41.7	13,500	(16.1)	106.60
Full Year		38,000	63.2	25,000	8.5	198.21

4. Others

(1) Changes in Significant Subsidiaries during the Fiscal Year

(Changes in specified subsidiaries accompanying changes in scope of consolidation): No

1. Changes in Accounting Methods and Presentation of Consolidated Financial Statements

1. Changes due to revisions of accounting standards etc.: No
2. Changes other than (a) above: No
3. Changes in accounting estimates: No
4. Restatements: No

1. Issued Shares（Common Stock）

1. Number of Common Stock outstanding at the end of fiscal year

(including Treasury Stock)

1. Number of Treasury Stock at the end of fiscal year
2. Average number of Common Stock

As of March 31,	125,370,814	As of March 31,	128,770,814
2024		2023
As of March 31,	801,982	As of March 31,	655,341
2024	2023
Fiscal 2023	125,217,708	Fiscal 2022	128,074,738

(Reference) Non-consolidated Financial Statements for Fiscal 2023
1. Financial Highlights for Fiscal 2023(for the fiscal year ended March 31, 2024)
(1) Non-Consolidated Results of Operations						(%: Changes from previous fiscal year)
		Operating Income		Operating Profits		Ordinary Profits		Net Income
	¥	million		%		¥ million		%	¥ million		%	¥ million	%
Fiscal 2023		10,915		59.8		10,390		62.7	10,339		63.1	10,335	63.0
Fiscal 2022		6,829		(10.6)		6,386		(11.0)	6,340		(11.1)	6,339	(11.1)
		Net Income			Diluted Net Income
	per Share of Common Stock		per Share of Common Stock
				¥				¥
Fiscal 2023				75.45				75.15
Fiscal 2022				41.31				41.16
(2) Non-Consolidated Financial Conditions
		Total Assets			Total Net Assets		Own Capital Ratio		Total Net Assets
						per Share of Common Stock
		¥	million		¥	million			%		¥
Fiscal 2023				207,129		206,978			99.7		1,438.50
Fiscal 2022				211,762		211,605			99.7		1,392.93

Reference : Own Capital : as of March 31, 2024: ¥206,474 million ; as of March 31, 2023: ¥211,189 million

(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 per Share
(Record Date)	The end of 1st Qtr	The end of 2nd Qtr	The end of 3rd Qtr	Fiscal year-end	Annual
	¥	¥	¥	¥	¥
Fiscal 2022	－	7.50	－	7.50	15.00
Fiscal 2023	－	7.50	－	7.50	15.00
Fiscal 2024	－	7.50	－	7.50	15.00
(forecast)

Hokuhoku Financail Group, Inc. (8377)

SELECTED FINANCIAL INFORMATION

For the Fiscal Year 2023

(Ended March 31, 2024)

Hokuhoku Financail Group, Inc. (8377)

SELECTED FINANCIAL INFORMATION

For the Fiscal Year 2023 (Ended March 31,2024)

Table of Contents

Ⅰ．Financial Statements	…………………………	1
財務諸表
Ⅱ．Summary of Financial Results
決算の概要
1. Income Analysis	…………………………	11
2. Average Balance of Use and Source of Funds	…………………………	14
3. Interest Rate Spread	…………………………
4. Net Business Profits	15
5. ROE ･ OHR ･ ROA	…………………………
6. Net Gains and Losses on Securities	16
7. Valuation Difference on Securities	…………………………	17
8. Capital Adequacy Ratio	…………………………	18
Ⅲ．Loan Portfolio and Other
貸出金等の状況
1. Disclosed Claims under the Financial Reconstruction Law	…………………………	19
2. Coverage on Disclosed Claims under the Financial Reconstruction Law	…………………………	20
3. Allowance for Loan Losses	…………………………	21

1. Deposits and Loans
2. Loans to Small and Medium-sized Enterprises ("SMEs") and Individuals
3. Housing and Consumer Loans

7. Classification of Loans by Type of Industry	………………………… 22
Financial Highlights	………………………… Appendix
決算ハイライト

Note

"FG" means Hokuhoku Financial Group, Inc..

"Total of two banks" means aggregated figures of Hokuriku Bank and Hokkaido Bank.

This information contains forward-looking statements. Such forward-looking statements do not represent any guarantee by management of future performance and contains risks and uncertainties. Please take note that future performance may differ from forecasts due to changes in economic environment.

Hokuhoku Financail Group, Inc. (8377)

Ⅰ． Financial Statements

【Hokuhoku Financial Group, Inc. (Consolidated)】
Consolidated Balance Sheets (Unaudited)		Millions of yen
		As of	As of
		March 31,	March 31,
		2023	2024
(Assets)	(資産の部)		4,550,493
Cash and due from banks	現金預け金	4,357,148
Call loans and bills bought	ｺｰﾙﾛｰﾝ及び買入手形	52,344	89,733
Monetary claims bought	買入金銭債権	15,519	10,457
Trading assets	特定取引資産	2,220	2,724
Money held in trust	金銭の信託	18,248	17,588
Securities	有価証券	1,854,257	1,788,022
Loans and bills discounted	貸出金	9,533,464	9,534,210
Foreign exchanges	外国為替	17,975	19,406
Other assets	その他資産	201,393	227,763
Tangible fixed assets	有形固定資産	100,013	109,330
Intangible fixed assets	無形固定資産	8,299	9,746
Asset for retirement benefit	退職給付に係る資産	7,696	21,768
Deferred tax assets	繰延税金資産	7,598	438
Customers' liabilities for acceptances and guarantees	支払承諾見返	63,881	61,199
Allowance for loan losses	貸倒引当金	(67,361)	(59,997)
Total assets	資産の部合計	16,172,700	16,382,886
(Liabilities)	(負債の部)		13,820,420
Deposits	預金	13,455,219
Negotiable certificates of deposit	譲渡性預金	58,506	52,918
Call money and bills sold	ｺｰﾙﾏﾈｰ及び売渡手形	162,020	83,171
Payables under repurchase agreements	売現先勘定	10,430	51,612
Payables under securities lending transactions	債券貸借取引受入担保金	313,271	157,288
Trading liabilities	特定取引負債	266	284
Borrowed money	借用金	1,352,450	1,389,940
Foreign exchanges	外国為替	735	667
Borrowed money from trust account	信託勘定借	5,230	5,273
Other liabilities	その他負債	119,823	67,056
Liability for retirement benefit	退職給付に係る負債	3,407	634
Reserve for directors' retirement benefits	役員退職慰労引当金	83	87
Reserve for contingent loss	偶発損失引当金	1,063	1,046
Reserve for reimbursement of deposits	睡眠預金払戻損失引当金	1,385	896
Reserves under the special laws	特別法上の引当金	10	15
Deferred tax liabilities	繰延税金負債	7,759	20,557
Deferred tax liabilities for land revaluation	再評価に係る繰延税金負債	4,941	4,882
Acceptances and guarantees	支払承諾	63,881	61,199
Total liabilities	負債の部合計	15,560,488	15,717,953
(Net assets)	(純資産の部)
Capital stock	資本金	70,895	70,895
Capital surplus	資本剰余金	119,778	110,660
Retained earnings	利益剰余金	374,971	392,442
Treasury stock	自己株式	(675)	(900)
Total shareholders' equity	株主資本合計	564,969	573,098
Valuation difference on available-for-sale securities	その他有価証券評価差額金	37,152	67,496
Deferred gains or losses on hedges	繰延ヘッジ損益	(195)	(1,242)
Revaluation reserve for land	土地再評価差額金	7,694	7,563
Remeasurements of defined benefit plans	退職給付に係る調整累計額	(1,419)	13,567
Accumulated other comprehensive income	その他の包括利益累計額合計	43,231	87,384
Stock acquisition rights	新株予約権	416	504
Non-controlling interests	非支配株主持分	3,594	3,945
Total net assets	純資産の部合計	612,212	664,933
Total liabilities and net assets	負債及び純資産の部合計	16,172,700	16,382,886

Notes: Amounts less than one million yen are rounded down.

1

Hokuhoku Financail Group, Inc. (8377)

【Hokuhoku Financial Group, Inc. (Consolidated)】
Consolidated Statements of Income (Unaudited)		Millions of yen
		For the fiscal	For the fiscal
		year ended	year ended
		March 31,	March 31,
		2023	2024
Ordinary income	経常収益	187,883	190,104
Interest income	資金運用収益	109,113	106,659
Interest on loans and discounts	貸出金利息	82,662	83,821
Interest and dividends on securities	有価証券利息配当金	20,763	16,992
Interest on call loans and bills bought	ｺｰﾙﾛｰﾝ利息及び買入手形利息	372	814
Interest on receivables under resale agreements	買現先利息	(9)	(11)
Interest income on cash collateral provided for securities borrowed	債券貸借取引受入利息	43	－
Interest on deposits with other banks	預け金利息	4,795	4,259
Other interest income	その他の受入利息	485	784
Trust fees	信託報酬	30	26
Fees and commissions	役務取引等収益	40,235	41,129
Trading income	特定取引収益	860	1,054
Other ordinary income	その他業務収益	18,872	17,600
Other income	その他経常収益	18,771	23,633
Reversal of allowance for loan losses	貸倒引当金戻入益	－	894
Other	その他の経常収益	18,771	22,739
Ordinary expenses	経常費用	161,490	166,826
Interest expenses	資金調達費用	9,625	13,626
Interest on deposits	預金利息	874	1,016
interest on negotiable certificates of deposit	譲渡性預金利息	1	1
Interest on call money and bills sold	ｺｰﾙﾏﾈｰ利息及び売渡手形利息	791	401
Interest on payables under repurchase agreements	売現先利息	390	1,015
Interest on payables under securities lending transactions	債券貸借取引支払利息	5,444	7,844
Interest on borrowings and rediscounts	借用金利息	534	999
Other interest expenses	その他の支払利息	1,589	2,347
Fees and commissions	役務取引等費用	14,508	15,094
Other ordinary expenses	その他業務費用	35,892	42,947
General and administrative expenses	営業経費	83,683	87,772
Other expenses	その他経常費用	17,780	7,385
Provision of allowance for loan losses	貸倒引当金繰入額	830	－
Other	その他の経常費用	16,949	7,385
Ordinary profits	経常利益	26,392	23,278
Extraordinary income	特別利益	45	3,674
Gain on disposal of fixed assets	固定資産処分益	45	326
Gain on cancellation of retirement benefit trust	退職給付信託解約益	－	3,348
Extraordinary loss	特別損失	707	1,153
Loss on disposal of fixed assets	固定資産処分損	408	732
Impairment loss	減損損失	286	416
Other	その他	11	4
Income before income taxes	税金等調整前当期純利益	25,731	25,799
Income taxes-current	法人税、住民税及び事業税	3,056	3,168
Income taxes-deferred	法人税等調整額	1,117	(661)
Total income taxes	法人税等合計	4,174	2,507
Net income	当期純利益	21,557	23,292
Net income attributable to non-controlling interests	非支配株主に帰属する当期純利益	121	243
Net income attributable to owners of the parent	親会社株主に帰属する当期純利益	21,435	23,048

2

Hokuhoku Financail Group, Inc. (8377)

【Hokuhoku Financial Group, Inc. (Consolidated)】
Consolidated Statements of Comprehensive Income (Unaudited)	Millions of yen
		For the fiscal	For the fiscal
		year ended	year ended
		March 31,	March 31,
		2023	2024
Net income before adjusting minority interest	当期純利益	21,557	23,292
Other comprehensive income	その他の包括利益	(21,327)	44,390
Valuation difference on available-for-sale securities	その他有価証券評価差額金	(19,118)	30,407
Deferred gains or losses on hedges	繰延ヘッジ損益	(521)	(1,046)
Defined retirement benefit plans	退職給付に係る調整額	(1,757)	14,986
Share of other comprehensive income of associates accounted for using	持分法適用会社に対する持分相当額	69	43
equity method
Total comprehensive income	包括利益	229	67,683
The amount attributable to owners of the parent	親会社株主に係る包括利益	83	67,332
The amount attributable to non-controlling interests	非支配株主に係る包括利益	146	351

3

Hokuhoku Financail Group, Inc. (8377)

【Hokuhoku Financial Group, Inc. (Consolidated)】

Consolidated Statements of Changes In Net Assets (Unaudited)

					Millions of yen
			Shareholders' equity
			株主資本
For the fiscal					Total
Capital	Capital	Retained	Treasury	shareholders'
year ended	stock	surplus	earnings	stock	equity
March 31, 2023	資本金	資本剰余金	利益剰余金	自己株式	株主資本合計
Balance at the beginninng
of the period	70,895	125,128	359,045	(852)	554,215
当期首残高
Changes of items during
the period
当期変動額
Cash dividends			(5,606)		(5,606)
剰余金の配当
Net income attributable
to owners of the parent			21,435		21,435
親会社株主に帰属する当期純利益
Purchase of treasury stock				(5,375)	(5,375)
自己株式の取得
Disposal of treasury stock		21		181	202
自己株式の処分
Retirement of treasury stock		(5,371)		5,371	－
自己株式の消却
Reversal of revaluation
reserve for land			97		97
土地再評価差額金の取崩
Net changes of items other
than shareholders' equity
株主資本以外の項目の変動
Total changes during
the period	－	(5,349)	15,926	177	10,753
当期変動額合計
Balance at the end
of current period	70,895	119,778	374,971	(675)	564,969
当期末残高
											Millions of yen
		Accumulated other comprehensive income:
			その他の包括利益累計額
	Valuation				Total accumulated
				other
For the fiscal	difference on	Deferred		Remeasurements		Stock
	comprehensive
available-for-sale	gains or losses	Revaluation	of defined benefit		acquisition		Non-controlling		Total
year ended	income
securities	on hedges	reserve for land	plans		rights		interests		net assets
March 31, 2023	その他有価証券評価差額金	繰延ヘッジ損益	土地再評価差額金	退職給付に係る調整累計額	その他の包括利益累計額合計		新株予約権		非支配株主持分		純資産合計
Balance at the beginninng
of the period	56,225	325	7,791	338	64,680	500	3,449	622,845
当期首残高
Changes of items during
the period
当期変動額
Cash dividends										(5,606)
剰余金の配当
Net income attributable
to owners of the parent										21,435
親会社株主に帰属する当期純利益
Purchase of treasury stock										(5,375)
自己株式の取得
Disposal of treasury stock										202
自己株式の処分
Retirement of treasury stock											－
自己株式の消却
Reversal of revaluation
reserve for land										97
土地再評価差額金の取崩
Net changes of items other
than shareholders' equity	(19,072)	(521)	(97)	(1,757)	(21,448)	(83)	145	(21,386)
株主資本以外の項目の変動
Total changes during
the period	(19,072)	(521)	(97)	(1,757)	(21,448)	(83)	145	(10,633)
当期変動額合計
Balance at the end
of current period	37,152	(195)	7,694	(1,419)	43,231	416	3,594	612,212

当期末残高

4

Hokuhoku Financail Group, Inc. (8377)

					Millions of yen
			Shareholders' equity
			株主資本
For the fiscal					Total
Capital	Capital	Retained	Treasury	shareholders'
year ended	stock	surplus	earnings	stock	equity
March 31, 2024	資本金	資本剰余金	利益剰余金	自己株式	株主資本合計
Balance at the beginninng
of the period	70,895	119,778	374,971	(675)	564,969
当期首残高
Changes of items during
the period
当期変動額
Cash dividends			(5,707)		(5,707)
剰余金の配当
Net income attributable			23,048		23,048
to owners of the parent
親会社株主に帰属する当期純利益
Purchase of treasury stock				(9,377)	(9,377)
自己株式の取得
Disposal of treasury stock		(4)		39	35
自己株式の処分
Retirement of treasury stock		(9,113)		9,113	－
自己株式の消却
Reversal of revaluation			130		130
reserve for land
土地再評価差額金の取崩
Net changes of items other
than shareholders' equity
株主資本以外の項目の変動
Total changes during
the period	－	(9,117)	17,471	(224)	8,128
当期変動額合計
Balance at the end
of current period	70,895	110,660	392,442	(900)	573,098
当期末残高
									Millions of yen
	Accumulated other comprehensive income:
		その他の包括利益累計額
	Valuation				Total accumulated
				other
For the fiscal	difference on	Deferred		Remeasurements		Stock
	comprehensive
available-for-sale	gains or losses	Revaluation	of defined benefit		acquisition		Non-controlling		Total
year ended	income
securities	on hedges	reserve for land	plans		rights		interests		net assets
March 31, 2024	その他有価証券評価差額金	繰延ヘッジ損益	土地再評価差額金	退職給付に係る調整累計額	その他の包括利益累計額合計		新株予約権		非支配株主持分		純資産合計
Balance at the beginninng
of the period	37,152	(195)	7,694	(1,419)	43,231	416	3,594	612,212
当期首残高
Changes of items during
the period
当期変動額
Cash dividends										(5,707)
剰余金の配当
Net income attributable										23,048
to owners of the parent
親会社株主に帰属する当期純利益
Purchase of treasury stock										(9,377)
自己株式の取得
Disposal of treasury stock										35
自己株式の処分
Retirement of treasury stock											－
自己株式の消却
Reversal of revaluation										130
reserve for land
土地再評価差額金の取崩
Net changes of items other	30,343	(1,046)	(130)	14,986	44,152	87	350	44,591
than shareholders' equity
株主資本以外の項目の変動
Total changes during
the period	30,343	(1,046)	(130)	14,986	44,152	87	350	52,720
当期変動額合計
Balance at the end
of current period	67,496	(1,242)	7,563	13,567	87,384	504	3,945	664,933

当期末残高

5

Hokuhoku Financail Group, Inc. (8377)

【Hokuhoku Financial Group, Inc. (Consolidated)】

Consolidated Statements of Cash Flows (Unaudited)

	Millions of yen
For the fiscal	For the fiscal
year ended	year ended
March 31,	March 31,
2023	2024

Ⅰ .Cash flows from operating activities:	営業活動によるキャッシュ・フロー
Income before income taxes	税金等調整前当期純利益	25,731	25,799
Depreciation	減価償却費	5,984	6,009
Impairment losses	減損損失	286	416
Amortization of goodwill	のれん償却額	2,102	2,102
Equity in losses(gains) of affiliates	持分法による投資損益(△)	(17)	(31)
Increase (decrease) in allowance for loan losses	貸倒引当金の増減（△）	(5,109)	(7,363)
Increase (decrease) in reserve for contingent loss	偶発損失引当金の増減（△）額	119	(16)
Decrease (Increase) in asset for retirement benefit	退職給付に係る資産の増（△）減額	3,143	(14,071)
Increase (decrease) in liability for retirement benefit	退職給付に係る負債の増減（△）額	(296)	(2,772)
Increase (decrease) in reserve for directors' retirement benefits	役員退職慰労引当金の増減（△）額	(40)	4
Increase (decrease) in reserve for reimbursement of deposits	睡眠預金払戻損失引当金の増減（△）	(109)	(489)
Interest income	資金運用収益	(109,113)	(106,659)
Interest expenses	資金調達費用	9,625	13,626
Losses (gains) on securities	有価証券関係損益(△)	8,678	9,771
Losses (gains) on money held in trust	金銭の信託の運用損益(△)	(20)	38
Losses (gains) on foreign exchange	為替差損益(△)	(18,500)	(16,805)
Losses (gains) on sales of fixed assets	固定資産処分損益(△)	363	405
Net decrease (increase) in trading assets	特定取引資産の純増(△)減	1,234	(504)
Net increase (decrease) in trading liabilities	特定取引負債の純増減(△)	(385)	18
Net decrease (increase) in loans and bills discounted	貸出金の純増(△)減	(340,180)	(745)
Net increase (decrease) in deposits	預金の純増減(△)	316,695	365,201
Net increase (decrease) in negotiable certificates of deposit	譲渡性預金の純増減(△)	(5,573)	(5,587)
Net increase (decrease) in borrowed money	借用金(劣後特約付借入金を除く)の純増減(△)	(1,256,050)	37,489
(excluding subordinated borrowed money)
Net decrease (increase) in due from banks	預け金(日銀預け金を除く)の純増(△)減	4,131	5,404
(excluding deposits with the Bank of Japan)
	(19,914)	(32,327)
Net decrease (increase) in call loans, and others	コールローン等の純増(△)減
Net increase (decrease) in call money and bills sold	コールマネー等の純増減(△)	(167,592)	(37,668)
Net increase (decrease) in payables under repurchase agreements	債券貸借取引受入担保金の純増減(△)	24,455	(155,982)
Net decrease (increase) in foreign exchanges (assets)	外国為替(資産)の純増(△)減	7,652	(1,431)
Net increase (decrease) in foreign exchanges (liabilities)	外国為替(負債)の純増減(△)	88	(67)
Net increase (decrease) in ｂorrowed money from trust account	信託勘定借の純増減（△）	716	43
Interest income-cash basis	資金運用による収入	88,889	88,678
Interest expense-cash basis	資金調達による支出	(9,258)	(13,516)
Other, net	その他	(24,038)	(75,543)
Subtotal	小計	(1,456,304)	83,425
Income taxes paid	法人税等の支払額	(10,278)	(991)
Net cash provided by (used in) operating activities	営業活動によるキャッシュ・フロー	(1,466,582)	82,434
Ⅱ.Cash flows from investing activities:	投資活動によるキャッシュ・フロー
Purchases of securities	有価証券の取得による支出	(437,538)	(471,053)
Proceeds from sales of securities	有価証券の売却による収入	622,709	489,523
Proceeds from redemption of securities	有価証券の償還による収入	169,082	116,888
Payments for increase in money held in trust	金銭の信託の増加による支出	(20,632)	(19,190)
Proceeds from decrease in money held in trust	金銭の信託の減少による収入	20,498	20,306
Proceeds from fund management	投資活動としての資金運用による収入	20,783	16,992
Purchases of tangible fixed assets	有形固定資産の取得による支出	(5,184)	(17,230)
Proceeds from sales of tangible fixed assets	有形固定資産の売却による収入	77	742
Purchases of intangible fixed assets	無形固定資産の取得による支出	(2,074)	(5,618)
Net cash provided by (used in) investing activities	投資活動によるキャッシュ・フロー	367,722	131,360
Ⅲ.Cash flows from financing activities:	財務活動によるキャッシュ・フロー
Dividends paid	配当金の支払額	(5,606)	(5,707)
Dividends paid to non-controlling shareholders	非支配株主への配当金の支払額	(0)	(0)
Purchases of treasury stock	自己株式の取得による支出	(5,375)	(9,377)
Proceeds from sales of treasury stock	自己株式の売却による収入	0	0
Net cash provided by (used in) financing activities	財務活動によるキャッシュ・フロー	(10,981)	(15,085)
Ⅳ.Effect of exchange rate changes on cash and cash equivalents	現金及び現金同等物に係る換算差額	30	41
Ⅴ.Net increase (decrease) in cash and cash equivalents	現金及び現金同等物の増減(△)額	(1,109,810)	198,750
Ⅵ.Cash and cash equivalents at the beginning of the period	現金及び現金同等物の期首残高	5,451,451	4,341,640
Ⅶ.Cash and cash equivalents at the end of the period	現金及び現金同等物の期末残高	4,341,640	4,540,390

6