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Investor Presentaiton

Expenses (Billion yen) 2021/3 2022/3 Change % Change Total expenses 22.6 22.1 (0.5) Personnel expenses 12.8 12.5 (0.3) Non-personnel expenses 8.3 8.2 Taxes 1.4 1.4 (2.1%) (2.4%) (0.1) (1.2%) (0.0) (4.5%) TOCH GN TOCHIGI BANK Expenses are declining due to improved operating efficiency in branch offices, concentration of administrative work at the Head Office, and office network restructuring. Expenses in the fiscal year ended March 31, 2022 fell to 22.1 billion yen, mainly due to a decrease in personnel expenses. The number of branch locations in the fiscal year ended March 31, 2022 was 75, under the Branch-in-Branch (BinB) method. Trend in Expenses and Overhead Ratio (OHR) Taxes Personnel expenses Non-personnel expenses ⚫OHR Number of Employees and Branch Offices No. of employees No. of branch locations No. of branch offices 30.0 (Billion yen) 40.0 87.1 86.2 82.0 79.5 74.8 2,400 75 (%) 100 (Employees) 3,000 (Locations) 100 92 91 88 86 86 91 85 80 81 75 25.1 24.2 23.7 22.6 22.1 1,800 1,630 60 1,601 1,565 1,540 1,478 20.0 50 13.9 13.3 13.7 12.8 12.5 1,200 40 40 10.0 9.4 8.9 8.8 8.3 8.2 1.5 1.6 1.5 1.4 1.4 0.0 2018/3 2019/3 2020/3 2021/3 2022/3 Note: 25 25 600 20 20 0 0 2018/3 2019/3 2020/3 2021/3 2022/3 = Expenses ÷ Gross operating profit (excluding gains (losses) on the sale of bonds and from cancellation of investment trusts) OHR (%) 10
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