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IR Presentation Results for Fiscal Year Ended March 31, 2015 June 2, 2015

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IR Presentation Results for Fiscal Year Ended March 31, 2015 June 2, 2015 IR Presentation Results for Fiscal Year Ended March 31, 2015 June 2, 2015 Materials were prepared for the Bank’s presentation of its results for the fiscal year ended March 31, 2015 held on June 2, 2015. Contents 1. Financial Results for FY2015 2. Outline of the Medium-term Management Plan Summary of profits and losses 1 Summary of the previous Medium-term Management Plan “POWER for the Future” 8 Interest income 2 Business environment and management issues 9 Loans and bills discounted 3 Outline of the Medium-term Management Plan “VALUE UP: Challenge Value Creation” 10 Deposits and certificates of deposits 4 Basic objectives and long-term vision 11 Securities 5 Priorities 1: Strengthen earthquake recovery support 12 Assets in custody 6 Priorities 2: Reinforce the earnings base 14 Credit-related expenses/capital adequacy ratio/ credits disclosed under the Financial Reconstruction Law 7 Priorities 3: Enhance the value of the region 17 Priorities 4: Smooth migration to and utilization of MEJAR 20 <For reference> Numerical targets 21 3. Projected Performance Projected performance for FY2016 23 1. Financial Results for FY2015 Summary of profits and losses (JPY bn, %) YoY change Summary of profits and losses FY2014 FY2015 Increase/ Rate of (Non-consolidated) decrease change % Gross operating income 77.9 80.1 2.2 2.9 [Core gross operating income] [ 80.3 ] [ 80.3 ] 0.0 ] [0.0 ] <Core operating income> Interest income 70.0 70.2 0.2 0.2 Interest income was basically Fees and commissions 10.2 10.3 0.1 1.1 unchanged YoY owing to the Other operating income (2.3) (0.4) 1.9 increase in interest and dividends Gains (losses) on bonds (2.4) (0.2) 2.2 on securities, but core operating Expenses 55.3 57.1 1.8 3.2 income declined, mainly due to Operating income before provision of 22.6 23.0 0.4 1.9 the higher IT expenses following general reserve for possible loan losses the migration to MEJAR. [Core operating income] [ 25.0 ] [ 23.2 ] [ (1.8) ] [ (7.0) ] Provision of general reserve for possible — — — loan losses Operating income 22.6 23.0 0.4 1.9 Special income and losses 2.9 7.5 4.6 <Ordinary income/Net income> Bad debt disposals (-) 1.3 0.8 (0.5) Both ordinary and net incomes Gains on reversal of reserve for 2.0 4.6 2.6 rose, mainly due to the decline in possible loan loss credit-related expenses and Gains (losses) on stocks 0.6 1.0 0.4 gains on money held in trust, Gains (losses) on investments in 1.2 2.9 1.7 mainly due to the rise in stock money held in trust prices, etc. Ordinary income 25.5 30.5 5.0 19.6 Extraordinary income 0.2 — (0.2) Extraordinary loss 0.1 0.2 0.1 Income taxes (incl. deferred taxes) 10.9 13.4 2.5 Net income 14.7 16.9 2.2 14.4 Credit-related expenses (0.7) (3.8) (3.1) 1 1. Financial Results for FY2015 Interest income (JPY bn) FY2016 <FY2015 summary> FY2014 FY2015 YoY change (Plan) YoY change Interest income was basically unchanged Interest income 70.0 70.2 0.2 69.5 (0.7) YoY, as the increase in interest and Investment income 73.5 73.9 0.4 dividends on securities offset the (Interest on loans and 46.8 45.4 (1.4) decrease in interest on loans and bills bills discounted) discounted due to lower yields. (Interest and dividends 26.3 28.2 1.9 on securities) <Change factors in interest income> Fund procurement 3.5 3.7 0.2 costs Factors in securities (JPY bn) (Interest on deposits) 3.0 2.9 (0.1) +1.9 Average Factors in deposits balances +0.1 (JPY bn) +2.7 Average Yield balances Yield Major accounts +1.5 FY2014 FY2015 FY2014 FY2015 (average balances) +0.4 +0.2 YoY change Interest Interest Loans and bills discounted 3,835.4 4,054.5 219.1 income income Securities 3,554.4 3,616.9 62.5 70.0 (0.1) (0.4) 70.2 Average Deposits and certificates of Other 7,431.2 7,544.6 113.4 balances deposits (4.1) (%) Yield Interest rates/ Factors in loans (1.4) FY2014 FY2015 Interest margin YoY change Loans and bills discounted 1.21 1.11 (0.10) interest rate <Reference> Trends of market interest rates Securities interest rate 0.73 0.78 0.05 FY2014 FY2015 YoY change Interest rate on deposits 0.04 0.03 (0.01) JPY TIBOR (3 months) 0.22% 0.20% (0.02) % Interest rate spread 0.90 0.88 (0.02) 5-year JGBs 0.24% 0.13% (0.11) % Net interest margin 0.17 0.13 (0.04) 10-year JGBs 0.69% 0.48% (0.21) % * Figures in YoY change (increase/decrease) show percentage points. 2 1. Financial Results for FY2015 Loans and bills discounted (JPY bn, %) Loans and bills FY2016 <FY2015 summary> discounted FY2014 FY2015 YoY change (Plan) YoY change (average balances) 4,117.5 1.5 Average balance of loans and bills Loans and bills discounted 3,835.4 4,054.5 5.7 discounted increased 5.7% YoY, as Corporate loans 2,372.6 2,485.2 4.7 housing loans and loans to SMEs [Excl. spread loans] 1,227.0 1,266.9 3.2 and loans to large corporations [Spread loans] 1,145.6 1,218.3 6.3 each increased. Retail loans 774.9 833.2 7.5 [Housing loans] 734.5 794.3 8.1 Loans for local 687.9 736.1 7.0 governments <Loans and bills discounted balances> <Earthquake disaster-related loan performance> (JPY bn) Corporate Retail Public, etc. Cumulative total of earthquake disaster-related loans 4,227.7 19,981 cases / JPY 498.2 billion 4,007.8 (after the earthquake to end-Mar. 2015) 4,000.0 3,770.8 3,505.8 781.8 Corporate (cases, JPY bn) 754.4 734.0 Capital 675.6 Operating Total 3,000.0 865.8 expenditure 810.9 755.8 Cases 5,265 1,870 7,135 759.4 Amount 205.6 102.7 308.3 2,000.0 Retail (cases, JPY bn) 2,580.1 2,281.0 2,442.5 Unsecured Housing Total 1,000.0 2,070.8 Cases 3,790 9,056 12,846 Amount 6.6 183.3 189.9 0.0 Mar.H23/3 2011 Mar. H25/3 2013 Mar. H26/3 2014 Mar. H27/3 2015 (Immediately after the earthquake) 3 1. Financial Results for FY2015 Deposits and certificates of deposits (JPY bn, %) Deposits and certificates FY2016 <FY2015 summary> of deposits FY2014 FY2015 YoY change (Plan) YoY change (average balances) 7,327.0 (2.8) • Average balance of deposits rose Deposits and certificates 7,431.2 7,544.6 1.5 1.5% YoY, as retail deposits and of deposits corporate deposits increased. Retail deposits 4,429.8 4,517.9 1.9 • Term-end balance decreased Corporate deposits 1,561.8 1,594.9 2.1 0.2% YoY, mainly due to the Public deposits 1,415.5 1,407.8 (0.5) decline in public deposits, etc. <Deposits and certificates of deposits balances> Retail Corporate Public, etc. (JPY bn) <Background of an increase in deposits 7,876.5 7,854.9 8,000.0 7,750.1 after the earthquake> Recovery grants from the government 1,835.6 1,819.6 1,711.7 (Miyagi Pref. portion) (as of end-Mar. 2015) 6,000.0 5,636.4 • Recovery grants ............................. Approx. JPY 1,500.0 billion (Source: Reconstruction Agency HP) 479.7 1,587.3 1,550.9 1,602.9 • Special local allocation tax grants for recovery from earthquake disaster ........... Approx. JPY 1,070.0 billion 1,378.7 (Source: Ministry of Internal Affairs and 4,000.0 Communications HP) 4,555.9 4,454.0 Insurance payouts, etc. (Miyagi Pref. portion) 4,363.6 3,778.0 2,000.0 • Earthquake insurance payouts ...... Approx. JPY 560.0 billion (Source: The General Insurance (as of May 31, 2012) Association of Japan HP) • Relief funds ...................................... Approx. JPY 182.0 billion 0.0 (Source: Japanese Red Cross Society HP) (as of Jul. 7, 2014) Mar.H23/3 2011 Mar. H25/3 2013 Mar. H26/3 2014 Mar. H27/3 2015 (Immediately after the earthquake) 4 1. Financial Results for FY2015 Securities <Yields and modified duration of <FY2015 summary> * Yen-dominated bonds other yen-denominated bonds> than investment trusts • Continued investments mainly in short- and medium-term Modified duration public bonds in light of the decrease in public deposits 4.0 Yields (%) 3.0 and the interest rate risk. • Increase in valuation gains on stocks and investment 2.84 3.47 3.47 trusts, mainly due to the rise in stock prices, etc. 3.0 3.27 3.13 2.0 2.70 2.0 Excluding impact of <Additional investment accompanying the significant increase in securities after increase in deposits following the earthquake> the earthquake 0.57 1.0 End-Mar. 2014 End-Mar. 2015 1.0 0.98 Investment balance Approx. JPY 940.0 billion Approx. JPY 810.0 billion 0.80 0.58 0.53 Yield 0.30% 0.31% 0.47 Modified duration 2.48 2.35 0.0 0.0 Mar. 2011 Mar. 2012 Mar. 2013 Mar. 2014 Mar. 2015 <Balance of securities (based on market value)> (JPY bn) Gains (losses) Change from End-Mar. 2011 End-Mar. 2012 End-Mar. 2013 End-Mar.
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