Investor Presentaiton

16 fiscal years beginning on or after April 1, 2014. As a result, the effective statutory tax rate used to measure the Bank's deferred tax assets and liabilities was changed from 38% to 35% for the temporary differences expected to be realized or settled from fiscal years beginning April 1, 2014. The effect of the announced reduction of the effective statutory tax rate was to decrease deferred tax assets by ¥10 million ($97 thousand), increase deferred tax liabilities by ¥77 million ($748 thousand), increase deferred loss on hedging instruments by 3 million ($29 thousand) and increase deferred income taxes by ¥92 million ($893 thousand) as of and for the year ended March 31, 2014. (2) Derivative transactions to which hedge accounting is applied Derivative transactions to which hedge accounting is applied are set force in the table below. These items below do not represent the market risks of the derivative transactions. Interest rate-related transactions (as of March 31, 2014) (Millions of yen) (Thousands of U.S. dollars) Hedge accounting method Type Normal method Interest rate swaps Major hedged item Loans, deposits Contract amounts Contract amounts beyond one year Fair value Contract amounts Contract amounts beyond one year Fair value receive-floating/ \ 77,627 ¥72,627 ¥(3,751) $ 754,246 $ 705,664 $ (36,445) pay-fixed Exceptional method Interest rate swaps Loans receive-floating/ pay-fixed Other Bought Total 10,000 10,000 Loans 97,162 97,162 5,050 5,000 49,067 48,581 ¥ ¥ (3,751) $ $ $ (36,445) 17. Fair Value Information on Derivatives (1) Derivative transactions to which hedge accounting is not applied Derivative transaction to which hedge accounting was not applied are set force in the table below. These items do not reflect the market risks of the derivative transactions. Interest rate-related transactions Contract amounts Contract beyond Fair value (Millions of yen) Unrealized 1 year gain or (loss) <March 31,2014> <March 31,2014> Over-the-counter: Swap: Receive-fixed/pay-floating Receive-floating/pay-fixed \ 8,190 \ 8,190 \ 8,190 8,190 (7) \ (16) 42 (16) <March 31,2013> Over-the-counter: Swap: Receive-fixed/pay-floating Receive-floating/pay-fixed ¥12,364 ¥12,364 \ 12,364 12,364 (9)\ (67) 45 (67) Interest rate-related transactions (as of March 31, 2013) Hedge accounting method (Millions of yen) Contract amounts Contract beyond 1 year (Thousands of U.S. dollars) Fair Unrealized value gain or (loss) Type Normal method Interest rate swaps Major hedged item Loans, deposits Contract amounts Contract amounts beyond one year Fair value receive-floating/ ¥ 80,927 ¥ 80,927 ¥(4,792) Over-the-counter: Swap: Receive-fixed/pay-floating Receive-floating/pay-fixed The above transactions are measured at fair value and the resulting gains or losses are included in the consolidated statement of income. pay-fixed $ 79,576 $ 79,576 $ (68) $ 408 79,576 79,576 (155) (155) Exceptional method Interest rate swaps Loans receive-floating/ 10,000 10,000 pay-fixed Other Bought Total Loans 5,300 5,150 ¥ ¥ ¥ (4,792) The above transactions apply deferral hedge accounting stipulated in JICPA Industry Audit Committee Report No. 24, "Treatment for Accounting and Auditing of Application of Accounting Standard for Financial Instruments in Banking industry." The fair value of over-the-counter transactions is calculated based on the discounted present value and option pricing models. Currency-related transactions (Millions of yen) (Thousands of U.S. dollars) Contract amounts Contract Fair beyond value <March 31,2014> 1 year Unrealized gain or (loss) Contract amounts Contract beyond Fair value Unrealized <March 31,2014> 1 year gain or (loss) Currency-related transactions (as of March 31, 2014) (Millions of yen) (Thousands of U.S. dollars) Over-the-counter transactions: Over-the-counter transactions: Forward exchange contracts Sold ¥ 2,729 \ \ (13)¥ (13) Forward exchange contracts Sold Hedge accounting method Type $ 26,515 $ $ (126) $ (126) Normal method Bought 15 0 0 Bought 145 0 0 Currency swaps Major hedged item Call loans in foreign currency Contract amounts Contract amounts beyond one year Fair value Contract amounts Contract amounts beyond one year Fair value ¥ 18,729 \ ¥ (17) $ 181,976 $ $ (165) <March 31,2013> Total ¥ ¥ ¥ (17) $ $ $ (165) Over-the-counter transactions: Forward exchange contracts 1. The above transactions are measured at fair value and the resulting gains or losses are included in the consolidated statement of income. Sold Bought \1,272\ ¥ 406 14\ (0) 14 (0) 2. Fair values are obtained using the discounted cash flow, etc. Currency-related transactions (as of March 31, 2013) (Millions of yen) Hedge accounting method Type Normal method Currency swaps Bond-related transactions (Millions of yen) Contract amounts Contract beyond Fair value Unrealized gain or Contract amounts Contract beyond <March 31,2014> 1 year (loss) <March 31,2014> 1 year (Thousands of U.S. dollars) Fair Unrealized value gain or (loss) Major hedged item Call loans in foreign currency/ Contract amounts Contract amounts beyond one year Fair value ¥ 33,006 ¥ 940 ¥114 Call money in foreign currencies financial instruments exchange: Forward exchange contracts Sold ¥ ¥ ¥ ¥ financial instruments exchange: Forward exchange contracts Sold Total ¥ * ¥114 $ $ $ $ Bought Bought The above transactions apply deferral hedge accounting stipulated in JICPA Industry Audit Committee Report No. 25, "Treatment for Accounting and Auditing for Transactions in foreign currencies, in Banking industry." The fair value is calculated based on the discounted present value. <March 31,2013> financial instruments exchange: Forward exchange contracts Sold 1. The above transactions are measured at fair value and the resulting gains or losses are included in the consolidated statement of income. ¥7,275 \ - \ 2 \ 2 2. Fair values are obtained using the discounted cash flow, etc. Bought Bond-related transactions (as of March 31, 2014) (Millions of yen) (Thousands of U.S. dollars) Hedge accounting method Type Normal method Bond futures Total Major hedged item Contract amounts Other Securities ¥30,000 Contract amounts beyond one year Contract amounts ¥ ¥ Fair value ¥ 105 \ 105 Contract amounts beyond one year Fair value $ 291,488 $ $ 1,020 $ $ $ 1,020 The fair value of over-the-counter transactions is calculated based on the discounted present value and option pricing models. 17

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