Edgar Filing: MIZUHO FINANCIAL GROUP INC

Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2016

Commission File Number 001-33098

Mizuho Financial Group, Inc.

(Translation of registrant’s name into English)

5-5, Otemachi 1-chome

Chiyoda-ku, Tokyo 100-8176

Japan

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ¨ No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82- .

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Date: January 28, 2016

Mizuho Financial Group, Inc.

By:		/s/ Junichi Shinbo
Name:		Junichi Shinbo
Title:		Managing Executive Officer / Group CFO

The following is the English translation of excerpt regarding the Basel Pillar 3 disclosures and the relevant information from our Japanese language disclosure material published in January 2016.

The Japanese regulatory disclosure requirements are fulfilled with the Basel Pillar 3 disclosures and Japanese GAAP is applied to the relevant financial information.

In this report, “we,” “us,” and “our” refer to Mizuho Financial Group, Inc. and, unless the context indicates otherwise, its consolidated subsidiaries. “Mizuho Financial Group” refers to Mizuho Financial Group, Inc.

Status of Capital Adequacy


Capital adequacy ratio highlights			2

n Capital adequacy ratio highlights

Status of Mizuho Financial Group’s consolidated capital adequacy			3

n Scope of consolidation			3
(1) Scope of consolidation for calculating consolidated capital adequacy ratio

n Composition of capital			4
(2) Composition of capital, etc.

n Risk-based capital			14
(3) Required capital by portfolio classification

n Credit risk			16
(4) Credit risk exposure, etc.

n Methods for credit risk mitigation			31
(5) Credit risk mitigation by portfolio classification

n Counterparty risk in derivatives transactions and long-settlement transactions			32
(6) Status of counterparty risk in derivatives transactions and long-settlement transactions

n Securitization exposure			34
(7) Quantitative disclosure items for securitization exposure

n Market risk			52

n Equity exposure in banking book			54
(8) Status of equity exposure in banking book

n Composition of Leverage Ratio			56

Status of Sound Management of Liquidity Risk


n Liquidity Coverage Ratio			57

Capital adequacy ratio highlights

The Basel Framework, based on the “International Convergence of Capital Measurement and Capital Standards: A Revised Framework” issued by the Basel Committee on Banking Supervision, requires the disclosure of capital adequacy information to ensure the enhanced effectiveness of market discipline. Our disclosure is made under the “Matters Separately Prescribed by the Commissioner of the Financial Services Agency Regarding Capital Adequacy Conditions, etc. pursuant to Article 19-2, Paragraph 1, Item 5, Subitem (d) , etc. of the Ordinance for Enforcement of the Banking Law (Ministry of Finance Ordinance No. 10 of 1982)” (the FSA Notice No. 7 of 2014).

With respect to the calculation of capital adequacy ratio, we have applied the international standard and adopted (a) the advanced internal ratings-based approach as a method to calculate the amount of credit risk weighted assets and (b) the advanced measurement approach as a method to calculate the amount equivalent to the operational risk.

n Capital adequacy ratio highlights

Mizuho Financial Group (Consolidated)


	(Billions of yen)
	As of September 30, 2014			As of September 30, 2015
Total capital ratio (International standard)		15.06	%		15.40	%
Tier 1 capital ratio		11.85	%		12.42	%
Common equity Tier 1 capital ratio		9.32	%		10.17	%

Total capital		9,167.5			9,596.1

Tier 1 capital		7,217.2			7,742.3
Common equity Tier 1 capital		5,677.2			6,338.8

Risk weighted assets		60,865.9			62,309.2


Mizuho Bank (Consolidated)

	(Billions of yen)
	As of September 30, 2014			As of September 30, 2015
Total capital ratio (International standard)		16.02	%		16.01	%
Tier 1 capital ratio		12.69	%		13.06	%
Common equity Tier 1 capital ratio		10.59	%		10.83	%

Total capital		8,692.7			9,097.2

Tier 1 capital		6,883.3			7,420.5
Common equity Tier 1 capital		5,748.0			6,151.9

Risk weighted assets		54,230.2			56,790.8


Mizuho Bank (Non-Consolidated)

	(Billions of yen)
	As of September 30, 2014			As of September 30, 2015
Total capital ratio (International standard)		16.14	%		16.06	%
Tier 1 capital ratio		12.61	%		12.93	%
Common equity Tier 1 capital ratio		10.52	%		10.65	%

Total capital		8,587.6			8,936.3

Tier 1 capital		6,707.0			7,196.8
Common equity Tier 1 capital		5,595.0			5,928.9

Risk weighted assets		53,175.4			55,639.4


Mizuho Trust & Banking (Consolidated)

	(Billions of yen)
	As of September 30, 2014			As of September 30, 2015
Total capital ratio (International standard)		19.06	%		21.13	%
Tier 1 capital ratio		16.37	%		19.10	%
Common equity Tier 1 capital ratio		16.37	%		19.06	%

Total capital		490.0			502.1

Tier 1 capital		420.9			453.8
Common equity Tier 1 capital		420.9			452.9

Risk weighted assets		2,569.8			2,376.1


Mizuho Trust & Banking (Non-consolidated)

	(Billions of yen)
	As of September 30, 2014			As of September 30, 2015
Total capital ratio (International standard)		19.03	%		21.22	%
Tier 1 capital ratio		16.36	%		19.18	%
Common equity Tier 1 capital ratio		16.36	%		19.18	%

Total capital		483.6			491.6

Tier 1 capital		415.8			444.3
Common equity Tier 1 capital		415.8			444.3

Risk weighted assets		2,540.8			2,315.9

Status of Mizuho Financial Group’s consolidated capital adequacy

n Scope of consolidation

(1) Scope of consolidation for calculating consolidated capital adequacy ratio

(A) Difference from the companies included in the scope of consolidation based on consolidation rules for preparation of consolidated financial statements (the “scope of accounting consolidation”)

None as of September 30, 2014 and 2015.

(B) Number of consolidated subsidiaries


	As of September 30, 2014		As of September 30, 2015
Consolidated subsidiaries		156		147

Our major consolidated subsidiaries (and their main businesses) are Mizuho Bank, Ltd. (banking business), Mizuho Trust & Banking Co., Ltd. (trust business and banking business) and Mizuho Securities Co., Ltd. (securities business).

(C) Corporations providing financial services for which Article 9 of the FSA Notice No. 20 is applicable

None as of September 30, 2014 and 2015.

(D) Companies that are in the bank holding company’s corporate group but not included in the scope of accounting consolidation and companies that are not in the bank holding company’s corporate group but included in the scope of accounting consolidation

None as of September 30, 2014 and 2015.

(E) Restrictions on transfer of funds or capital within the bank holding company’s corporate group

None as of September 30, 2014 and 2015.

(F) Names of any other financial institutions, etc., classified as subsidiaries or other members of the bank holding company that are deficient in regulatory capital

None as of September 30, 2014 and 2015.

n Composition of capital

(2) Composition of capital, etc.

(A) Composition of capital disclosure

Composition of capital disclosure (International standard)


				(Millions of yen)
				As of September 30, 2014				As of September 30, 2015
Basel III template						Amounts excluded under transitional arrangements				Amounts excluded under transitional arrangements
Common equity Tier 1 capital: instruments and reserves		(1	)
1a+2-1c-26	Directly issued qualifying common share capital plus related stock surplus and retained earnings				5,593,716		/		6,128,579		/
1a	of which: capital and stock surplus				3,087,513		/		3,223,128		/
2	of which: retained earnings				2,598,167		/		3,004,162		/
1c	of which: treasury stock (-)				3,840		/		4,031		/
26	of which: national specific regulatory adjustments (earnings to be distributed) (-)				88,123		/		94,680		/
	of which: other than above				—		/		—		/
1b	Subscription rights to common shares				2,024		/		2,762		/
3	Accumulated other comprehensive income and other disclosed reserves				227,016		908,065		683,133		1,024,700
5	Common share capital issued by subsidiaries and held by third parties (amount allowed in group CET1)				12,250		/		11,789		/
	Total of items included in common equity Tier 1 capital: instruments and reserves subject to phase-out arrangements				58,068		/		52,353		/
	of which: amount allowed in group CET1 capital subject to phase-out arrangements on common share capital issued by subsidiaries and held by third parties				58,068		/		52,353		/
6	Common equity Tier 1 capital: instruments and reserves	(A	)		5,893,076		/		6,878,618		/
Common equity Tier 1 capital: regulatory adjustments		(2	)
8+9	Total intangible assets (net of related tax liability, excluding those relating to mortgage servicing rights)				87,950		351,800		205,731		308,597
8	of which: goodwill (net of related tax liability, including those equivalent)				22,833		91,332		16,064		24,096
9	of which: other intangibles other than goodwill and mortgage servicing rights (net of related tax liability)				65,117		260,468		189,667		284,500
10	Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability)				6,949		27,798		4,731		7,097
11	Deferred gains or losses on derivatives under hedge accounting				377		1,510		23,642		35,463
12	Shortfall of eligible provisions to expected losses				1,155		4,411		16,047		23,976
13	Securitization gain on sale				605		2,422		40		61
14	Gains and losses due to changes in own credit risk on fair valued liabilities				161		646		516		774
15	Net defined benefit asset				59,663		238,653		209,811		314,717
16	Investments in own shares (excluding those reported in the net assets section)				1,119		4,478		930		1,395
17	Reciprocal cross-holdings in common equity				—		—		—		—
18	Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued share capital (amount above the 10% threshold)				57,804		231,216		78,353		117,530
19+20+21	Amount exceeding the 10% threshold on specified items				—		—		—		—
19	of which: significant investments in the common stock of financials				—		—		—		—
20	of which: mortgage servicing rights				—		—		—		—
21	of which: deferred tax assets arising from temporary differences (net of related tax liability)				—		—		—		—
22	Amount exceeding the 15% threshold on specified items				—		—		—		—
23	of which: significant investments in the common stock of financials				—		—		—		—
24	of which: mortgage servicing rights				—		—		—		—
25	of which: deferred tax assets arising from temporary differences (net of related tax liability)				—		—		—		—
27	Regulatory adjustments applied to common equity Tier 1 due to insufficient additional Tier 1 and Tier 2 to cover deductions				—		/		—		/
28	Common equity Tier 1 capital: regulatory adjustments	(B	)		215,787		/		539,805		/
Common equity Tier 1 capital (CET1)
29	Common equity Tier 1 capital (CET1) ((A)-(B))	(C	)		5,677,289		/		6,338,812		/


					(Millions of yen)
					As of September 30, 2014					As of September 30, 2015
Basel III template								Amounts excluded under transitional arrangements					Amounts excluded under transitional arrangements
Additional Tier 1 capital: instruments			(3	)
30	31a	Directly issued qualifying additional Tier 1 instruments plus related stock surplus of which: classified as equity under applicable accounting standards and the breakdown				—			/		—			/
30	31b	Subscription rights to additional Tier 1 instruments				—			/		—			/
30	32	Directly issued qualifying additional Tier 1 instruments plus related stock surplus of which: classified as liabilities under applicable accounting standards				—			/		300,000			/
30		Qualifying additional Tier 1 instruments plus related stock surplus issued by special purpose vehicles and other equivalent entities				—			/		—			/
34-35		Additional Tier 1 instruments issued by subsidiaries and held by third parties (amount allowed in group AT1)				27,970			/		29,117			/
33+35		Eligible Tier 1 capital instruments subject to phase-out arrangements included in additional Tier 1 capital: instruments				1,666,511			/		1,193,555			/
33		of which: directly issued capital instruments subject to phase out from additional Tier 1				1,666,511			/		1,193,555			/
35		of which: instruments issued by subsidiaries subject to phase out				—			/		—			/
		Total of items included in additional Tier 1 capital: instruments subject to phase-out arrangements				(53,462	)		/		(26,251	)		/
		of which: foreign currency translation adjustments				(53,462	)		/		(26,251	)		/
36		Additional Tier 1 capital: instruments	(D	)		1,641,019			/		1,496,421			/
Additional Tier 1 capital: regulatory adjustments
37		Investments in own additional Tier 1 instruments				—			—		—			—
38		Reciprocal cross-holdings in additional Tier 1 instruments				—			—		—			—
39		Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above 10% threshold)				175			700		177			265
40		Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions)				23,811			95,245		58,370			87,555
		Total of items included in additional Tier 1 capital: regulatory adjustments subject to phase-out arrangements				77,108			/		34,349			/
		of which: goodwill equivalent				48,467			/		5,487			/
		of which: intangible fixed assets recognized as a result of a merger				23,908			/		16,764			/
		of which: capital increase due to securitization transactions				2,422			/		61			/
		of which: 50% of excess of expected losses relative to eligible reserves by banks adopting internal ratings-based approach				2,310			/		12,035			/
42		Regulatory adjustments applied to additional Tier 1 due to insufficient Tier 2 to cover deductions				—			/		—			/
43		Additional Tier 1 capital: regulatory adjustments	(E	)		101,095			/		92,896			/


			(Millions of yen)
			As of September 30, 2014				As of September 30, 2015
Basel III template					Amounts excluded under transitional arrangements				Amounts excluded under transitional arrangements
Additional Tier 1 capital (AT1)
44	Additional Tier 1 capital ((D)-(E))	(F)		1,539,924		/		1,403,524		/
Tier 1 capital (T1 = CET1 + AT1)
45	Tier 1 capital (T1 = CET1 + AT1) ((C)+(F))	(G)		7,217,214		/		7,742,337		/
Tier 2 capital: instruments and provisions		(4)
46	Directly issued qualifying Tier 2 instruments plus related stock surplus of which: classified as equity under applicable accounting standards and the breakdown			—		/		—		/
46	Subscription rights to Tier 2 instruments			—		/		—		/
46	Directly issued qualifying Tier 2 instruments plus related stock surplus of which: classified as liabilities under applicable accounting standards			100,000		/		200,000		/
46	Tier 2 instruments plus related stock surplus issued by special purpose vehicles and other equivalent entities			164,175		/		179,955		/
48-49	Tier 2 instruments issued by subsidiaries and held by third parties (amount allowed in group Tier 2)			8,999		/		9,190		/
47+49	Eligible Tier 2 capital instruments subject to phase-out arrangements included in Tier 2: instruments and provisions			1,196,148		/		1,031,810		/
47	of which: directly issued capital instruments subject to phase out from Tier 2			164,175		/		179,955		/
49	of which: instruments issued by subsidiaries subject to phase out			1,031,973		/		851,855		/
50	Total of general allowance for loan losses and eligible provisions included in Tier 2			5,462		/		5,321		/
50a	of which: general allowance for loan losses			5,462		/		5,321		/
50b	of which: eligible provisions			—		/		—		/
	Total of items included in Tier 2 capital: instruments and provisions subject to phase-out arrangements			652,884		/		595,993		/
	of which: 45% of unrealized gains on other securities			573,037		/		537,310		/
	of which: 45% of revaluation reserve for land			79,847		/		58,683		/
51	Tier 2 capital: instruments and provisions	(H)		2,127,670		/		2,022,270		/
Tier 2 capital: regulatory adjustments
52	Investments in own Tier 2 instruments			—		—		400		600
53	Reciprocal cross-holdings in Tier 2 instruments			—		—		—		—
54	Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above the 10% threshold)			32,538		130,154		47,465		71,198
55	Significant investments in the capital banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions)			—		—		—		—
	Total of items included in Tier 2 capital: regulatory adjustments subject to phase-out arrangements			144,805		/		120,639		/
	of which: investments in the capital banking, financial and insurance entities			142,494		/		108,603		/
	of which: 50% of excess of expected losses relative to eligible reserves by banks adopting internal ratings-based approach			2,310		/		12,035		/
57	Tier 2 capital: regulatory adjustments	(I)		177,343		/		168,504		/
Tier 2 capital (T2)
58	Tier 2 capital (T2) ((H)-(I))	(J)		1,950,326		/		1,853,765		/
Total capital (TC = T1 + T2)
59	Total capital (TC = T1 + T2) ((G)+(J))	(K)		9,167,540		/		9,596,102		/


			(Millions of yen)
			As of September 30, 2014					As of September 30, 2015
Basel III template						Amounts excluded under transitional arrangements					Amounts excluded under transitional arrangements
Risk weighted assets		(5)
	Total of items included in risk weighted assets subject to phase-out arrangements			984,306			/		859,464			/
	of which: intangible assets (net of related tax liability, excluding those relating to mortgage servicing rights)			236,560			/		267,735			/
	of which: deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability)			27,798			/		7,097			/
	of which: net defined benefit asset			238,653			/		314,717			/
	of which: investments in the capital banking, financial and insurance entities			481,294			/		269,913			/
60	Risk weighted assets	(L)		60,865,939			/		62,309,276			/
Capital ratio (consolidated)
61	Common equity Tier 1 capital ratio (consolidated) ((C)/(L))			9.32	%		/		10.17	%		/
62	Tier 1 capital ratio (consolidated) ((G)/(L))			11.85	%		/		12.42	%		/
63	Total capital ratio (consolidated) ((K)/(L))			15.06	%		/		15.40	%		/
Regulatory adjustments		(6)
72	Non-significant investments in the capital of other financials that are below the thresholds for deduction (before risk weighting)			595,308			/		669,722			/
73	Significant investments in the common stock of financials that are below the thresholds for deduction (before risk weighting)			145,258			/		152,389			/
74	Mortgage servicing rights that are below the thresholds for deduction (before risk weighting)			—			/		—			/
75	Deferred tax assets arising from temporary differences that are below the thresholds for deduction (before risk weighting)			130,387			/		76,167			/
Provisions included in Tier 2 capital: instruments and provisions		(7)
76	Provisions (general allowance for loan losses)			5,462			/		5,321			/
77	Cap on inclusion of provisions (general allowance for loan losses)			55,029			/		46,560			/
78	Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal ratings-based approach (prior to application of cap) (if the amount is negative, report as “nil”)			—			/		—			/
79	Cap for inclusion of provisions in Tier 2 under internal ratings-based approach			286,545			/		304,483			/


			(Millions of yen)
			As of September 30, 2014				As of September 30, 2015
Basel III template					Amounts excluded under transitional arrangements				Amounts excluded under transitional arrangements
Capital instruments subject to phase-out arrangements		(8)
82	Current cap on AT1 instruments subject to phase-out arrangements			1,666,511		/		1,458,197		/
83	Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities) (if the amount is negative, report as “nil”)			107,056		/		—		/
84	Current cap on T2 instruments subject to phase-out arrangements			1,349,648		/		1,180,942		/
85	Amount excluded from T2 due to cap (excess over cap after redemptions and maturities) (if the amount is negative, report as “nil”)			—		/		—		/

Notes:

1.	The above figures are calculated based on International standard applied on a consolidated basis under the FSA Notice No. 20.

In calculating the consolidated capital adequacy ratio, we underwent an examination following the procedures agreed with Ernst & Young ShinNihon LLC, on the basis of “Treatment in implementing examination by agreed-upon procedures for calculating capital adequacy ratio” (Industry Committee Practical Guideline No. 30 of the Japanese Institute of Certified Public Accountants). Note that this is not a part of the accounting audit performed on our consolidated financial statements. This consists of an examination under agreed-upon procedures performed by Ernst & Young ShinNihon LLC on a portion of the internal control structure concerning the calculation of the capital adequacy ratio and a report of the results to us. As such, they do not represent an opinion regarding the capital adequacy ratio itself nor the internal controls related to the calculation of the capital adequacy ratio.

(B) Explanation of (A) Composition of capital disclosure

Reconciliation between “Consolidated balance sheet” and items of consolidated balance sheet and “Composition of capital disclosure”


	(Millions of yen)
Items	Consolidated balance sheet as in published financial statements						Cross- reference to Appended template	Reference # of Basel III template under the Composition of capital disclosure
	As of September 30, 2014			As of September 30, 2015			Cross- reference to Appended template
(Assets)
Cash and due from banks		23,260,682			35,194,504
Call loans and bills purchased		459,627			453,546
Receivables under resale agreements		9,522,012			8,618,422
Guarantee deposits paid under securities borrowing transactions		5,052,663			3,900,412
Other debt purchased		2,987,066			2,907,399
Trading assets		14,814,203			11,565,875		6-a
Money held in trust		161,215			145,940
Securities		45,882,148			39,996,490		2-b, 6-b
Loans and bills discounted		70,193,539			74,276,839		6-c
Foreign exchange assets		1,637,857			1,657,373
Derivatives other than for trading assets		3,463,332			2,958,859		6-d
Other assets		3,701,827			3,537,663		6-e
Tangible fixed assets		911,529			1,078,339
Intangible fixed assets		565,180			706,610		2-a
Net defined benefit asset		462,781			773,296		3
Deferred tax assets		42,004			37,174		4-a
Customers’ liabilities for acceptances and guarantees		4,894,301			4,901,887
Reserves for possible losses on loans		(524,517	)		(463,886	)
Reserve for possible losses on investments		(3	)		—

Total assets		187,487,454			192,246,749

(Liabilities)
Deposits		91,109,933			100,595,584
Negotiable certificates of deposit		16,504,073			15,455,822
Call money and bills sold		6,141,288			5,738,107
Payables under repurchase agreements		19,522,006			19,677,206
Guarantee deposits received under securities lending transactions		6,291,776			2,115,663
Commercial paper		707,010			628,445
Trading liabilities		9,909,523			8,964,612		6-f
Borrowed money		6,854,268			7,406,585		8-a
Foreign exchange liabilities		386,694			560,551
Short-term bonds		823,380			776,296
Bonds and notes		5,613,659			6,235,233		8-b
Due to trust accounts		1,203,915			1,954,690
Derivatives other than for trading liabilities		3,584,221			2,653,017		6-g
Other liabilities		4,794,647			4,649,335
Reserve for bonus payments		38,986			43,964
Net defined benefit liability		44,534			48,948
Reserve for director and corporate auditor retirement benefits		1,296			1,567
Reserve for possible losses on sales of loans		1,735			220
Reserve for contingencies		7,990			6,870
Reserve for reimbursement of deposits		15,755			16,684
Reserve for reimbursement of debentures		52,760			42,905
Reserves under special laws		1,446			1,848
Deferred tax liabilities		186,720			433,970		4-b
Deferred tax liabilities for revaluation reserve for land		81,057			71,897		4-c
Acceptances and guarantees		4,894,301			4,901,887

Total liabilities		178,772,984			182,981,918

(Net assets)
Common stock and preferred stock		2,255,404			2,255,790		1-a
Capital surplus		1,110,007			1,111,410		1-b
Retained earnings		2,598,997			3,004,969		1-c
Treasury stock		(3,840	)		(4,031	)	1-d

Total shareholders’ equity		5,960,569			6,368,139

Net unrealized gains (losses) on other securities		1,075,153			1,386,622
Deferred gains or losses on hedges		1,887			59,105		5
Revaluation reserve for land		140,740			145,446
Foreign currency translation adjustments		(66,828	)		(43,751	)
Remeasurements of defined benefit plans		(15,871	)		160,410

Total accumulated other comprehensive income		1,135,081			1,707,834			3

Stock acquisition rights		2,024			2,762			1b
Non-Controlling Interests		1,616,793			1,186,094		7

Total net assets		8,714,469			9,264,830

Total liabilities and net assets		187,487,454			192,246,749

Note:

The regulatory scope of consolidation is the same as the accounting scope of consolidation.

Appended template

1. Shareholders’ equity

(1) Consolidated balance sheet


	Consolidated balance sheet items	(Millions of yen)
Ref.	Consolidated balance sheet items	As of September 30, 2014			As of September 30, 2015			Remarks
1-a	Common stock and preferred stock		2,255,404			2,255,790		Including eligible Tier 1 capital instruments subject to phase-out arrangements
1-b	Capital surplus		1,110,007			1,111,410		Including eligible Tier 1 capital instruments subject to phase-out arrangements
1-c	Retained earnings		2,598,997			3,004,969
1-d	Treasury stock		(3,840	)		(4,031	)
	Total shareholders’ equity		5,960,569			6,368,139

(2) Composition of capital

	Composition of capital disclosure	(Millions of yen)
Basel III template	Composition of capital disclosure	As of September 30, 2014			As of September 30, 2015			Remarks
	Directly issued qualifying common share capital plus related stock surplus and retained earnings		5,681,840			6,223,259		Shareholders’ equity attributable to common shares (before adjusting national specific regulatory adjustments (earnings to be distributed))
1a	of which: capital and stock surplus		3,087,513			3,223,128
2	of which: retained earnings		2,598,167			3,004,162
1c	of which: treasury stock (-)		3,840			4,031
	of which: other than above		—			—
31a	Directly issued qualifying additional Tier 1 instruments plus related stock surplus of which: classified as equity under applicable accounting standards and the breakdown		—			—		Shareholders’ equity attributable to preferred shares with a loss absorbency clause upon entering into effective bankruptcy

2. Intangible fixed assets

(1) Consolidated balance sheet

	Consolidated balance sheet items	(Millions of yen)
Ref.	Consolidated balance sheet items	As of September 30, 2014			As of September 30, 2015			Remarks
2-a	Intangible fixed assets		565,180			706,610
2-b	Securities		45,882,148			39,996,490
	of which: share of goodwill of companies accounted for using the equity method		53,580			31,016		Share of goodwill of companies accounted for using the equity method
	Income taxes related to above		(179,010	)		(223,297	)

(2) Composition of capital

	Composition of capital disclosure	(Millions of yen)
Basel III template	Composition of capital disclosure	As of September 30, 2014			As of September 30, 2015			Remarks
8	Goodwill (net of related tax liability, including those equivalent)		114,165			40,161
9	Other intangibles other than goodwill and mortgage servicing rights (net of related tax liability)		325,585			474,167		Software and other
	Mortgage servicing rights (net of related tax liability)		—			—
20	Amount exceeding the 10% threshold on specified items		—			—
24	Amount exceeding the 15% threshold on specified items		—			—
74	Mortgage servicing rights that are below the thresholds for deduction (before risk weighting)		—			—

3. Net defined benefit asset

(1) Consolidated balance sheet

(Millions of yen)

Ref.

Consolidated balance sheet items

As of September 30,
2014

As of September 30,
2015

Remarks

Net defined benefit asset

462,781

773,296

Income taxes related to above

(164,464

)

(248,767

)

(2) Composition of capital

(Millions of yen)

Basel III
template

Composition of capital disclosure

As of September 30,
2014

As of September 30,
2015

Remarks

Net defined benefit asset

298,316

524,528

4. Deferred tax assets

(1) Consolidated balance sheet

(Millions of yen)

Ref.

Consolidated balance sheet items

As of September 30,
2014

As of September 30,
2015

Remarks

4-a

Deferred tax assets

42,004

37,174

4-b

Deferred tax liabilities

186,720

433,970

4-c

Deferred tax liabilities for revaluation reserve for land

81,057

71,897

Tax effects on intangible fixed assets

179,010

223,297

Tax effects on net defined benefit asset

164,464

248,767

(2) Composition of capital

(Millions of yen)

Basel III
template

Composition of capital disclosure

As of September 30,
2014

As of September 30,
2015

Remarks

Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability)

34,748

11,829

This item does not agree with the amount reported on the consolidated balance sheet due to offsetting of assets and liabilities.

Deferred tax assets that rely on future profitability arising from temporary differences (net of related tax liability)

130,387

76,167

This item does not agree with the amount reported on the consolidated balance sheet due to offsetting of assets and liabilities.

Amount exceeding the 10% threshold on specified items

—

Amount exceeding the 15% threshold on specified items

—

Deferred tax assets arising from temporary differences that are below the thresholds for deduction (before risk weighting)

130,387

76,167

5. Deferred gains or losses on derivatives under hedge accounting

(1) Consolidated balance sheet

(Millions of yen)

Ref.

Consolidated balance sheet items

As of September 30,
2014

As of September 30,
2015

Remarks

Deferred gains or losses on hedges

1,887

59,105

(2) Composition of capital

(Millions of yen)

Basel III
template

Composition of capital disclosure

As of September 30,
2014

As of September 30,
2015

Remarks

Deferred gains or losses on derivatives under hedge accounting

1,887

59,105


6. Items associated with investments in the capital of financial institutions (1) Consolidated balance sheet
	Consolidated balance sheet items	(Millions of yen)
Ref.	Consolidated balance sheet items	As of September 30, 2014		As of September 30, 2015		Remarks
6-a	Trading assets		14,814,203		11,565,875	Including trading account securities and derivatives for trading assets
6-b	Securities		45,882,148		39,996,490
6-c	Loans and bills discounted		70,193,539		74,276,839	Including subordinated loans
6-d	Derivatives other than for trading assets		3,463,332		2,958,859
6-e	Other assets		3,701,827		3,537,663	Including money invested
6-f	Trading liabilities		9,909,523		8,964,612	Including trading account securities sold
6-g	Derivatives other than for trading liabilities		3,584,221		2,653,017

(2) Composition of capital

	Composition of capital disclosure	(Millions of yen)
Basel III template	Composition of capital disclosure	As of September 30, 2014		As of September 30, 2015		Remarks
	Investments in own capital instruments		5,597		3,325
16	Common equity Tier 1 capital		5,597		2,325
37	Additional Tier 1 capital		—		—
52	Tier 2 capital		—		1,000
	Reciprocal cross-holdings in the capital of banking, financial and insurance entities		—		—
17	Common equity Tier 1 capital		—		—
38	Additional Tier 1 capital		—		—
53	Tier 2 capital		—		—
	Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued share capital (amount above 10% threshold)		1,047,898		984,712
18	Common equity Tier 1 capital		289,021		195,883
39	Additional Tier 1 capital		876		442
54	Tier 2 capital		162,692		118,664
72	Non-significant investments in the capital of other financials that are below the thresholds for deduction (before risk weighting)		595,308		669,722
	Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions		264,314		298,315
19	Amount exceeding the 10% threshold on specified items		—		—
23	Amount exceeding the 15% threshold on specified items		—		—
40	Additional Tier 1 capital		119,056		145,926
55	Tier 2 capital		—		—
73	Significant investments in the common stock of financials that are below the thresholds for deduction (before risk weighting)		145,258		152,389

7. Non-Controlling Interests

(1) Consolidated balance sheet

Consolidated balance sheet items

(Millions of yen)

Ref.

As of September 30,
2014

As of September 30,
2015

Remarks

Non-Controlling Interests

1,616,793

1,186,094

(2) Composition of capital

Composition of capital disclosure

(Millions of yen)

Basel III
template

As of September 30,
2014

As of September 30,
2015

Remarks

Common share capital issued by subsidiaries and held by third parties (amount allowed in group CET1)

12,250

11,789

After reflecting amounts eligible for inclusion (Non-Controlling interest after adjustments)

30-31ab-32

Qualifying additional Tier 1 instruments plus related stock surplus issued by special purpose vehicles and other equivalent entities

—

After reflecting amounts eligible for inclusion (Non-Controlling interest after adjustments)

34-35

Additional Tier 1 instruments issued by subsidiaries and held by third parties (amount allowed in group AT1)

27,970

29,117

After reflecting amounts eligible for inclusion (Non-Controlling interest after adjustments)

Tier 2 instruments plus related stock surplus issued by special purpose vehicles and other equivalent entities

164,175

179,955

After reflecting amounts eligible for inclusion (Non-Controlling interest after adjustments)

48-49

Tier 2 instruments issued by subsidiaries and held by third parties (amount allowed in group Tier 2)

8,999

9,190

After reflecting amounts eligible for inclusion (Non-Controlling interest after adjustments)

8. Other capital instruments

(1) Consolidated balance sheet

Consolidated balance sheet items

(Millions of yen)

Ref.

As of September 30,
2014

As of September 30,
2015

Remarks

8-a

Borrowed money

6,854,268

7,406,585

8-b

Bonds and notes

5,613,659

6,235,233

Total

12,467,927

13,641,818

(2) Composition of capital

Composition of capital disclosure

(Millions of yen)

Basel III
template

As of September 30,
2014

As of September 30,
2015

Remarks

Directly issued qualifying additional Tier 1 instruments plus related stock surplus of which: classified as liabilities under applicable accounting standards

—

300,000

Directly issued qualifying Tier 2 instruments plus related stock surplus of which: classified as liabilities under applicable accounting standards

100,000

200,000

Note:

Amounts in the “Composition of capital disclosure” are based on those before considering amounts under transitional arrangements and include “Amounts excluded under transitional arrangements” disclosed in “(A) Composition of capital disclosure” as well as amounts included as regulatory capital. In addition, items for regulatory purposes under transitional arrangements are excluded from this table.

n Risk-based capital

(3) Required capital by portfolio classification


	(Billions of yen)
	As of September 30, 2014				As of September 30, 2015
	EAD		Required capital		EAD		Required capital
Credit risk		182,923.3		5,067.6		200,496.2		5,273.9

Internal ratings-based approach		174,385.8		4,492.6		191,311.6		4,766.5
Corporate (except specialized lending)		61,699.3		2,209.4		69,866.2		2,361.3
Corporate (specialized lending)		3,005.5		225.9		3,951.9		335.6
Sovereign		75,083.6		90.3		79,516.9		97.0
Bank		6,679.8		147.5		7,204.7		152.7
Retail		13,413.7		587.9		13,192.5		549.8
Residential mortgage		10,233.6		379.6		10,027.3		348.3
Qualifying revolving loan		466.3		36.7		527.4		40.4
Other retail		2,713.7		171.5		2,637.6		161.0
Equities		4,810.8		597.8		4,951.9		633.7
PD/LGD approach		4,123.6		419.2		4,430.4		497.5
Market-based approach (simple risk weight method)		687.2		178.6		521.5		136.1
Market-based approach (internal models approach)		—		—		—		—
Regarded-method exposure		2,196.4		411.4		2,015.1		347.5
Purchase receivables		1,911.3		55.3		4,367.2		127.0
Securitizations		3,078.5		40.1		3,583.9		23.0
Others		2,506.4		126.5		2,660.8		138.4

Standardized approach		8,537.4		352.1		9,184.5		285.2
Sovereign		3,171.3		5.6		4,502.1		7.7
Bank		1,471.6		35.6		1,587.1		30.5
Corporate		3,335.3		251.8		2,412.8		182.0
Residential mortgage		—		—		—		—
Securitizations		18.3		9.5		22.0		6.3
Others		540.8		49.5		660.3		58.4

CVA risk		n.a.		198.4		n.a.		204.4

Central counterparty-related		n.a.		24.2		n.a.		17.7

Market risk		n.a.		225.7		n.a.		158.6

Standardized approach		n.a.		90.9		n.a.		72.1
Interest rate risk		n.a.		46.3		n.a.		43.3
Equities risk		n.a.		31.1		n.a.		15.3
Foreign exchange risk		n.a.		10.9		n.a.		8.8
Commodities risk		n.a.		2.4		n.a.		4.6
Option transactions		n.a.		—		n.a.		—

Internal models approach		n.a.		134.8		n.a.		86.4

Operational risk		n.a.		247.9		n.a.		246.1

Advanced measurement approach		n.a.		213.7		n.a.		204.5

Basic indicator approach		n.a.		34.1		n.a.		41.6

Total required capital (consolidated)		n.a.		4,869.2		n.a.		4,984.7


Notes:

1.		EAD: Exposure at default.

2.		PD: Probability of default.

3.		LGD: Loss given default.

4.		Required capital: For credit risk, the sum of (i) 8% of credit risk-weighted assets, (ii) expected losses and (iii) deductions from capital. For market risk, the market risk equivalent amount. For operational risk, the operational risk equivalent amount.

5.		Total required capital (consolidated): 8% of the denominator of the capital adequacy ratio.

6.		The major exposures included in each portfolio classification of internal ratings-based approach are as follows:


Corporate (except specialized lending)		Credits to corporations and sole proprietors (excluding credits to retail customers)

Corporate (specialized lending)		Credits which limit interest and principal repayment sources to cash flow derived from specific real estate, chattel, businesses, etc, including real estate non-recourse loan, ship finance and project finance, etc.

Sovereign		Credits to central governments, central banks and local governmental entities

Bank		Credits to banks and securities companies, etc.

Retail		Housing loans (residential mortgage), credit card loans (qualifying revolving retail loan) and other individual consumer loans and loans to business enterprises with total credit amount of less than ¥100 million, etc. (other retail).

Equities		Capital stock, preferred securities, perpetual subordinated debt, etc. (excluding trading assets) Either the PD/LGD approach or the market-based approach is applied to equities following the termination of the transitional measurement.

Regarded-method exposure		Investment trusts and funds, etc.

Purchase receivables		Receivables purchased from third parties excluding securities (excluding securitizations)

Securitizations		Transactions in the form of “non-recourse” and having a “senior/subordinated structure,” etc. (excluding specialized lending).


7.		EAD calculated using the standardized approach for credit risk represents the amount before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs.

n Credit risk

(4) Credit risk exposure, etc.

We exclude regarded-method exposure and securitization exposure from the amount of credit risk exposure.

The outstanding balance is based on exposure at default.

No significant difference exists between period-end credit risk position and the average credit risk position during the twelve months ended September 30, 2014 and 2015.

● Status of credit risk exposure

(A) Breakdown by geographical area


	(Billions of yen)
	As of September 30, 2014
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Domestic		69,903.6		32,238.0		1,194.8		21,038.4		124,375.0

Overseas		26,961.4		10,055.6		2,197.5		5,521.1		44,735.7
Asia		7,690.8		1,757.6		276.5		1,637.6		11,362.8
Central and South America		2,714.8		133.3		133.5		585.3		3,567.0
North America		9,782.2		5,714.0		534.9		2,727.9		18,759.2
Eastern Europe		48.0		—		0.6		4.5		53.2
Western Europe		4,208.9		2,017.0		1,104.7		395.9		7,726.7
Other areas		2,516.4		433.4		147.0		169.7		3,266.6

Total		96,865.1		42,293.6		3,392.4		26,559.6		169,110.8

Exempt portion		n.a.		n.a.		n.a.		n.a.		8,519.1


	(Billions of yen)
	As of September 30, 2015
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Domestic		69,792.9		25,739.1		1,102.1		29,659.3		126,293.5

Overseas		38,481.8		10,889.7		2,619.8		7,427.4		59,418.9
Asia		9,250.8		2,199.3		388.2		1,771.8		13,610.2
Central and South America		3,238.5		58.5		137.4		521.4		3,956.0
North America		15,960.7		6,512.3		638.2		4,478.7		27,590.1
Eastern Europe		390.3		—		1.1		7.3		398.8
Western Europe		6,018.1		1,777.8		1,260.8		455.5		9,512.4
Other areas		3,623.1		341.6		193.8		192.4		4,351.1

Total		108,274.7		36,628.9		3,721.9		37,086.8		185,712.5

Exempt portion		n.a.		n.a.		n.a.		n.a.		9,162.4


Notes:

1.		Exempt portion represents the amount before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs, calculated using the standardized approach for business units and asset classes that are immaterial for the purpose of calculating credit risk-weighted assets.

2.		Exposure to non-Japanese residents is included in “Overseas.”

3.		“Others” include cash, deposits, call loans, other debt purchased, money held in trust, foreign exchange assets, other assets, etc.

(B) Breakdown by industry


	(Billions of yen)
	As of September 30, 2014
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Manufacturing		16,902.1		2,358.6		384.7		706.4		20,352.0
Construction		1,396.9		189.0		9.9		37.6		1,633.6
Real estate		7,370.1		512.1		61.9		16.3		7,960.6
Service industries		3,898.9		414.2		81.0		43.3		4,437.6
Wholesale and retail		8,315.2		733.5		131.8		1,066.1		10,246.7
Finance and insurance		11,631.0		3,138.5		1,986.8		1,713.1		18,469.5
Individuals		11,942.4		—		0.2		10.7		11,953.4
Other industries		20,643.1		8,628.2		727.3		6,661.9		36,660.6
Japanese Government; Bank of Japan		14,765.0		26,319.1		8.6		16,303.7		57,396.5

Total		96,865.1		42,293.6		3,392.4		26,559.6		169,110.8

Exempt portion		n.a.		n.a.		n.a.		n.a.		8,519.1


	(Billions of yen)
	As of September 30, 2015
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Manufacturing		19,983.6		2,461.8		552.2		682.2		23,679.9
Construction		1,478.3		204.5		12.1		37.2		1,732.2
Real estate		8,217.5		552.5		69.0		16.2		8,855.4
Service industries		4,960.3		382.3		74.9		60.6		5,478.2
Wholesale and retail		8,800.6		738.0		120.1		978.9		10,637.7
Finance and insurance		13,167.3		3,329.7		1,933.9		1,800.4		20,231.4
Individuals		11,836.7		—		0.3		10.4		11,847.5
Other industries		26,348.1		9,406.1		949.4		8,539.0		45,242.7
Japanese Government; Bank of Japan		13,482.1		19,553.8		9.7		24,961.5		58,007.2

Total		108,274.7		36,628.9		3,721.9		37,086.8		185,712.5

Exempt portion		n.a.		n.a.		n.a.		n.a.		9,162.4


Notes:

1.		Exempt portion represents the amount before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs, calculated using the standardized approach for business units and asset classes that are immaterial for the purpose of calculating credit risk-weighted assets.

2.		“Others” include cash, deposits, call loans, other debt purchased, money held in trust, foreign exchange assets, other assets, etc.

(C) Breakdown by residual contractual maturity


	(Billions of yen)
	As of September 30, 2014
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Less than one year		28,864.9		7,909.6		716.5		5,086.9		42,578.0
From one year to less than three years		15,832.6		12,263.6		1,433.6		446.8		29,976.8
From three years to less than five years		15,087.6		10,615.1		545.2		14.8		26,262.8
Five years or more		25,230.7		6,774.3		696.9		55.7		32,757.8
Other than above		11,849.0		4,730.9		—		20,955.2		37,535.2

Total		96,865.1		42,293.6		3,392.4		26,559.6		169,110.8

Exempt portion		n.a.		n.a.		n.a.		n.a.		8,519.1


	(Billions of yen)
	As of September 30, 2015
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Less than one year		28,690.8		4,482.3		679.3		5,404.1		39,256.7
From one year to less than three years		20,419.9		12,996.6		1,639.9		519.8		35,576.3
From three years to less than five years		18,655.4		7,053.6		557.7		16.5		26,283.4
Five years or more		27,544.6		7,292.0		844.8		40.8		35,722.3
Other than above		12,963.9		4,804.1		—		31,105.4		48,873.5

Total		108,274.7		36,628.9		3,721.9		37,086.8		185,712.5

Exempt portion		n.a.		n.a.		n.a.		n.a.		9,162.4


Notes:

1.		Exempt portion represents the amount before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs, calculated using the standardized approach for business units and asset classes that are immaterial for the purpose of calculating credit risk-weighted assets.

2.		“Others” include cash, deposits, call loans, other debt purchased, money held in trust, foreign exchange assets, other assets, etc.

● Status of exposure past due three months or more or in default

(D) Breakdown by geographical area


	(Billions of yen)
	As of September 30, 2014
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Domestic		882.1		9.7		4.5		25.4		921.8

Overseas		255.9		2.0		26.1		7.7		291.8
Asia		31.2		0.0		0.6		1.7		33.6
Central and South America		146.9		0.0		19.3		0.1		166.4
North America		3.3		2.0		—		2.0		7.4
Eastern Europe		4.6		—		—		—		4.6
Western Europe		56.2		0.0		6.1		3.7		66.1
Other areas		13.5		—		—		0.0		13.6

Total		1,138.0		11.8		30.6		33.1		1,213.6

Exempt portion		n.a.		n.a.		n.a.		n.a.		4.6


	(Billions of yen)
	As of September 30, 2015
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Domestic		977.6		81.4		2.5		24.4		1,086.1

Overseas		291.3		1.9		8.1		7.3		308.7
Asia		50.8		0.0		0.5		0.9		52.3
Central and South America		75.0		0.0		3.9		0.0		79.1
North America		18.2		1.9		—		2.3		22.5
Eastern Europe		5.1		—		0.0		—		5.2
Western Europe		73.1		0.0		3.4		3.7		80.3
Other areas		68.9		—		—		0.1		69.0

Total		1,268.9		83.4		10.6		31.7		1,394.8

Exempt portion		n.a.		n.a.		n.a.		n.a.		4.8


Notes:

1.		Exempt portion represents the amount before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs, calculated using the standardized approach for business units and asset classes that are immaterial for the purpose of calculating credit risk-weighted assets.

2.		Exposure to non-Japanese residents is included in “Overseas.”

3.		“Others” include deposits, call loans, other debt purchased, money held in trust, foreign exchange assets, other assets, etc.

(E) Breakdown by industry


	(Billions of yen)
	As of September 30, 2014
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Manufacturing		192.1		2.9		1.8		6.2		203.1
Construction		30.4		0.3		0.0		0.6		31.3
Real estate		124.8		3.2		0.0		0.9		129.0
Service industries		121.0		1.0		6.4		3.2		131.7
Wholesale and retail		181.5		1.2		0.8		13.6		197.3
Finance and insurance		16.1		1.4		0.0		3.8		21.4
Individuals		161.9		—		—		1.1		163.1
Other industries		309.9		1.6		21.4		3.4		336.4

Total		1,138.0		11.8		30.6		33.1		1,213.6

Exempt portion		n.a.		n.a.		n.a.		n.a.		4.6


	(Billions of yen)
	As of September 30, 2015
	Loans, commitments and other non-derivative off-balance-sheet exposures		Securities		Derivatives		Others		Total
Manufacturing		408.7		73.9		1.5		5.8		490.0
Construction		20.6		0.1		—		0.5		21.2
Real estate		89.3		0.7		0.1		0.2		90.4
Service industries		93.5		0.6		0.5		2.7		97.5
Wholesale and retail		200.0		1.3		0.3		14.0		215.7
Finance and insurance		14.4		4.9		0.0		3.6		23.0
Individuals		117.5		—		—		1.2		118.8
Other industries		324.5		1.6		8.1		3.5		337.8

Total		1,268.9		83.4		10.6		31.7		1,394.8

Exempt portion		n.a.		n.a.		n.a.		n.a.		4.8


Notes:

1.		Exempt portion represents the amount before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs, calculated using the standardized approach for business units and asset classes that are immaterial for the purpose of calculating credit risk-weighted assets.

2.		“Others” include deposits, call loans, other debt purchased, money held in trust, foreign exchange assets, other assets, etc.

● Status of reserves for possible losses on loans

The amounts associated with regarded-method exposure and securitization exposure are excluded.

(F) Period-end balances of reserves for possible losses on loans and changes during the six-month period

(after partial direct write-offs)


	(Billions of yen)
	As of, or for the six months ended, September 30, 2014		As of, or for the six months ended, September 30, 2015
General reserve for possible losses on loans
Beginning balance		398.7		344.4
Increase during the six-month period		336.0		300.1
Decrease during the six-month period		398.7		344.4
Ending balance		336.0		300.1

Specific reserve for possible losses on loans
Beginning balance		216.7		180.3
Increase during the six-month period		187.9		163.6
Decrease during the six-month period		216.7		180.3
Ending balance		187.9		163.6

Reserve for possible losses on loans to restructuring countries
Beginning balance		0.7		0.6
Increase during the six-month period		0.5		0.0
Decrease during the six-month period		0.7		0.6
Ending balance		0.5		0.0

Total
Beginning balance		616.3		525.4
Increase during the six-month period		524.5		463.8
Decrease during the six-month period		616.3		525.4
Ending balance		524.5		463.8

Note:

General reserve for possible losses on loans in the above table represents the amount recorded in our consolidated balance sheet, and the amounts associated with regarded-method exposure and securitization exposure are not excluded.

(G) Specific reserve for possible losses on loans by geographical area and industry


	(Billions of yen)
	As of March 31, 2014		As of September 30, 2014		Change
Domestic		138.4		132.2		(6.1	)
Manufacturing		30.7		31.9		1.1
Construction		7.5		6.5		(1.0	)
Real estate		11.7		8.0		(3.7	)
Service industries		12.0		11.2		(0.8	)
Wholesale and retail		32.1		33.1		0.9
Finance and insurance		0.0		0.6		0.5
Individuals		35.9		34.0		(1.9	)
Other industries		8.1		6.8		(1.2	)

Overseas		71.1		46.9		(24.1	)

Exempt portion		7.1		8.6		1.4

Total		216.7		187.9		(28.8	)


	(Billions of yen)
	As of March 31, 2015		As of September 30, 2015		Change
Domestic		120.0		106.4		(13.5	)
Manufacturing		29.5		27.3		(2.2	)
Construction		5.5		4.0		(1.5	)
Real estate		5.0		3.4		(1.5	)
Service industries		11.4		11.6		0.1
Wholesale and retail		35.0		32.7		(2.2	)
Finance and insurance		0.8		0.9		0.1
Individuals		25.6		20.2		(5.4	)
Other industries		6.9		6.0		(0.8	)

Overseas		49.9		46.9		(3.0	)

Exempt portion		10.4		10.3		(0.0	)

Total		180.3		163.6		(16.7	)

Note:

Exempt portion represents the amount calculated using the standardized approach for business units and asset classes that are immaterial for purposes of calculating credit risk-weighted assets.

(H) Write-offs of loans by industry


	(Billions of yen)
	For the six months ended September 30, 2014		For the six months ended September 30, 2015
Manufacturing		1.4		0.3
Construction		0.2		0.2
Real estate		0.1		0.5
Service industries		0.8		0.9
Wholesale and retail		2.3		4.2
Finance and insurance		0.0		—
Individuals		3.2		2.6
Other industries		2.1		5.1

Exempt portion		0.0		0.0

Total		10.4		14.2


Notes:

1.		The above table represents the breakdown of losses on write-offs of loans recorded in our consolidated statement of income after excluding the amounts associated with regarded-method exposure and securitization exposure.

2.		Exempt portion represents the amount calculated using the standardized approach for business units and asset classes that are immaterial for purposes of calculating credit risk-weighted assets.

3.		“Other industries” include overseas and non-Japanese resident portions.

● Status of exposure to which the standardized approach is applied

(I) Exposure by risk weight category after applying credit risk mitigation


	(Billions of yen)
	As of September 30, 2014
	On-balance sheet		Off-balance sheet		Total
Risk weight	On-balance sheet		Off-balance sheet		Total		With external rating
0%		2,265.5		705.7		2,971.3		132.4
10%		128.5		0.0		128.5		—
20%		544.2		693.7		1,238.0		21.2
35%		—		—		—		—
50%		62.2		12.7		74.9		40.9
100%		2,639.3		1,411.9		4,051.3		41.6
150%		0.1		—		0.1		—
250%		54.7		—		54.7		—
350%		—		—		—		—
625%		—		0.0		0.0		—
937.5%		—		0.0		0.0		—
1,250%		—		0.0		0.0		—

Total		5,694.8		2,824.3		8,519.1		236.3


	(Billions of yen)
	As of September 30, 2015
	On-balance sheet		Off-balance sheet		Total
Risk weight	On-balance sheet		Off-balance sheet		Total		With external rating
0%		3,552.9		642.4		4,195.4		83.0
10%		211.8		—		211.8		—
20%		660.1		799.1		1,459.3		35.5
35%		—		—		—		—
50%		66.4		22.0		88.4		30.3
100%		2,111.1		1,041.4		3,152.5		69.1
150%		1.3		—		1.3		0.1
250%		53.2		—		53.2		—
350%		—		—		—		—
625%		—		0.2		0.2		—
937.5%		—		—		—		—
1,250%		—		0.0		0.0		—

Total		6,657.1		2,505.3		9,162.4		218.1


Notes:

1.		The amounts in the above table are before the deduction of specific reserve for possible losses on loans, reserve for possible losses on loans to restructuring countries and partial direct write-offs.

2.		Off-balance-sheet exposure shows credit equivalent amount.

(J) Amount of exposure to which a risk weight of 1,250% is applied


	(Billions of yen)
	As of September 30, 2014		As of September 30, 2015
Amount of exposure to which a risk weight of 1,250% is applied		6.9		2.0

● Status of exposure to which the internal ratings-based approach is applied

(K) Specialized lending exposure under supervisory slotting criteria by risk weight category


	(Billions of yen)
Risk weight	As of September 30, 2014		As of September 30, 2015
50%		0.0		0.6
70%		10.2		89.2
90%		6.0		6.9
95%		70.6		27.6
115%		25.8		5.2
120%		23.6		25.7
140%		—		—
250%		76.8		46.4
Default		29.3		20.3

Total		242.7		222.2

(L) Equity exposure under simple risk weight method of market-based approach by risk weight category


	(Billions of yen)
Risk weight	As of September 30, 2014		As of September 30, 2015
300%		610.3		452.5
400%		76.8		69.0

Total		687.2		521.5

Note:

Of the equity exposure under the simple risk weight method, a risk weight of 300% is applied for listed equities and 400% for unlisted equities.

(M) Portfolio by asset class and ratings segment (Corporate, etc.)


	(Billions of yen, except percentages)
	As of September 30, 2014
					EL		Risk
	PD		LGD		default		weight										Weighted
	(EAD		(EAD		(EAD		(EAD										average of
	weighted		weighted		weighted		weighted		EAD						Amount of		credit
	average) (%)		average) (%)		average) (%)		average) (%)		(Billions of yen)		On-balance sheet		Off-balance sheet		undrawn commitments		conversion factor (%)
Corporate		1.92		35.61		n.a.		36.98		66,080.3		49,566.9		16,513.3		14,623.7		75.16
Investment grade zone		0.10		37.28		n.a.		25.34		45,667.4		31,721.1		13,946.2		12,538.7		75.12
Non-investment grade zone		1.87		31.40		n.a.		64.35		19,553.4		17,024.5		2,528.9		2,079.0		75.43
Default		100.00		42.70		40.25		32.52		859.4		821.3		38.1		5.9		75.00

Sovereign		0.01		38.23		n.a.		1.49		75,344.4		63,044.8		12,299.6		608.3		75.44
Investment grade zone		0.00		38.24		n.a.		1.43		75,276.2		62,983.3		12,292.8		603.8		75.44
Non-investment grade zone		1.26		36.70		n.a.		69.18		68.1		61.3		6.8		4.4		75.00
Default		100.00		57.74		53.17		60.50		0.0		0.0		—		—		—

Bank		0.21		35.90		n.a.		26.21		6,712.1		3,907.9		2,804.2		380.6		75.00
Investment grade zone		0.09		35.82		n.a.		22.84		6,149.3		3,580.2		2,569.0		287.4		75.00
Non-investment grade zone		0.86		36.29		n.a.		63.27		558.9		324.0		234.9		93.2		75.00
Default		100.00		98.14		96.16		26.24		3.8		3.6		0.2		—		—

Equity exposure under PD/LGD approach		0.30		90.00		n.a.		127.08		4,123.6		4,074.9		48.6		—		—
Investment grade zone		0.07		90.00		n.a.		114.73		3,806.5		3,757.9		48.6		—		—
Non-investment grade zone		1.87		90.00		n.a.		264.25		313.2		313.2		—		—		—
Default		100.00		90.00		n.a.		1,192.50		3.7		3.7		—		—		—

Total		0.85		38.40		n.a.		21.38		152,260.6		120,594.6		31,665.9		15,612.7		75.17
Investment grade zone		0.04		39.29		n.a.		14.07		130,899.5		102,042.6		28,856.9		13,429.9		75.13
Non-investment grade zone		1.84		32.45		n.a.		67.39		20,493.8		17,723.1		2,770.7		2,176.7		75.41
Default		100.00		43.16		40.50		37.58		867.1		828.8		38.3		5.9		75.00


	(Billions of yen, except percentages)
	As of September 30, 2015
	PD (EAD weighted average) (%)		LGD (EAD weighted average) (%)		EL default (EAD weighted average) (%)		Risk weight (EAD weighted average) (%)		EAD (Billions of yen)						Amount of undrawn commitments		Weighted average of credit conversion factor (%)



											On-balance sheet		Off-balance sheet
Corporate		1.80		36.42		n.a.		36.12		77,670.7		55,437.6		22,233.1		22,075.8		75.00
Investment grade zone		0.09		37.97		n.a.		25.87		55,684.2		36,653.5		19,030.6		19,178.0		74.99
Non-investment grade zone		1.41		32.00		n.a.		63.48		20,937.4		17,762.2		3,175.1		2,894.2		75.00
Default		100.00		42.22		39.63		34.26		1,049.1		1,021.8		27.3		3.5		75.00

Sovereign		0.01		38.62		n.a.		1.53		79,776.0		66,134.6		13,641.4		847.0		75.00
Investment grade zone		0.00		38.62		n.a.		1.43		79,631.4		65,995.1		13,636.3		846.1		75.00
Non-investment grade zone		0.72		37.88		n.a.		54.81		144.5		139.4		5.1		0.8		75.00
Default		100.00		57.49		52.74		62.90		0.1		0.1		—		—		—

Bank		0.19		36.14		n.a.		25.29		7,238.0		4,303.4		2,934.6		527.8		75.00
Investment grade zone		0.08		36.01		n.a.		21.58		6,428.1		3,645.5		2,782.6		408.3		75.00
Non-investment grade zone		0.62		36.90		n.a.		54.89		806.5		654.5		152.0		119.5		75.00
Default		100.00		97.29		95.04		29.81		3.4		3.4		—		—		—

Equity exposure under PD/LGD approach		1.82		90.00		n.a.		140.39		4,430.4		4,295.7		134.7		—		—
Investment grade zone		0.06		90.00		n.a.		114.98		4,086.4		3,951.7		134.7		—		—
Non-investment grade zone		1.02		90.00		n.a.		232.17		268.7		268.7		—		—		—
Default		100.00		90.00		n.a.		1,192.50		75.2		75.2		—		—		—

Total		0.88		38.85		n.a.		22.07		169,115.3		130,171.4		38,943.8		23,450.6		75.00
Investment grade zone		0.04		39.70		n.a.		14.83		145,830.2		110,245.9		35,584.3		20,432.5		74.99
Non-investment grade zone		1.38		32.92		n.a.		65.16		22,157.1		18,824.9		3,332.2		3,014.6		75.00
Default		100.00		45.57		39.82		111.49		1,127.8		1,100.5		27.3		3.5		75.00


Notes:

1.		Investment grade zone includes obligor ratings A1 through B2, non-investment grade zone includes C1 through E2 (excluding E2R), and default includes E2R through H1.

2.		“Corporate” does not include specialized lending exposure under supervisory slotting criteria.

3.		Each asset class includes purchased receivables.

4.		The commitments that can be terminated at any time without condition or terminated automatically are not included in the amount of undrawn commitments and weighted average of credit conversion factor.

5.		Regarding equity exposure under the PD/LGD approach, we recognized the risk-weighted assets by multiplying 1,250% by the expected loss (“EL”).

(Reference) Obligor ratings

Obligor ratings

(major category)

Definition of ratings

Classification

A1–A3

Obligors whose certainty of debt fulfillment is very high, hence their level of credit risk is excellent.

Investment grade zone

B1–B2

Obligors whose certainty of debt fulfillment poses no problems for the foreseeable future, hence their level of credit risk is sufficient.

C1–C3

Obligors whose certainty of debt fulfillment and their level of credit risk pose no problems for the foreseeable future.

D1–D3

Obligors whose current certainty of debt fulfillment poses no problems, however, their resistance to future changes in business environment is low.

Non-investment grade zone

Obligors who require close watching going forward because there are problems with their borrowing conditions, such as reduced or suspended interest payments, problems with fulfillment such as de facto postponements of principal or interest payments, or problems with their financial positions as a result of their poor or unstable business conditions.

Default

Obligors who are not yet bankrupt but are in financial difficulties and are deemed to be very likely to go bankrupt in the future because they are finding it difficult to make progress in implementing their management improvement plans (including obligors who are receiving ongoing support from financial institutions).

Obligors who have not yet gone legally or formally bankrupt but who are substantially bankrupt because they are in serious financial difficulties and are not deemed to be capable of restructuring.

Obligors who have already gone bankrupt, from both a legal and/or formal perspective.

*	Obligors who have loans in need of monitoring (restructured loans and loans past due for three months or more) out of the obligors who require close watching going forward

(N) Portfolio by asset class and ratings segment (Retail)


	(Billions of yen, except percentages)
	As of September 30, 2014
	PD (EAD weighted		LGD (EAD weighted		EL default (EAD weighted		Risk weight (EAD weighted		EAD						Amount of		Weighted average of credit
	average) (%)		average) (%)		average) (%)		average) (%)		(Billions of yen)		On-balance sheet		Off-balance sheet		undrawn commitments		conversion factor (%)
Residential mortgage		2.18		42.14		n.a.		34.16		10,233.6		10,034.6		199.0		10.8		75.00
Non-default		0.79		42.05		n.a.		34.25		10,090.2		9,894.6		195.6		10.8		75.00
Default		100.00		48.45		46.39		27.35		143.3		140.0		3.3		—		—

Qualifying revolving loan (retail)		3.29		78.51		n.a.		66.38		466.3		308.9		157.3		1,533.5		10.26
Non-default		3.06		78.52		n.a.		66.43		465.2		308.1		157.0		1,531.6		10.26
Default		100.00		74.42		71.02		45.06		1.1		0.8		0.2		1.8		13.27

Other retail		4.81		53.86		n.a.		51.56		2,713.7		2,696.4		17.2		18.6		70.03
Non-default		1.69		54.09		n.a.		52.19		2,627.5		2,614.0		13.5		14.8		63.48
Default		100.00		46.79		44.36		32.17		86.1		82.4		3.6		3.8		95.38

Total		2.75		45.77		n.a.		38.80		13,413.7		13,040.1		373.6		1,563.0		11.42
Non-default		1.05		45.74		n.a.		38.96		13,183.0		12,816.7		366.2		1,557.3		11.21
Default		100.00		47.95		45.75		29.23		230.6		223.3		7.3		5.6		68.78


	(Billions of yen, except percentages)
	As of September 30, 2015
	PD (EAD weighted		LGD (EAD weighted		EL default (EAD weighted		Risk weight (EAD weighted		EAD						Amount of		Weighted average of credit
	average) (%)		average) (%)		average) (%)		average) (%)		(Billions of yen)		On-balance sheet		Off-balance sheet		undrawn commitments		conversion factor (%)
Residential mortgage		1.81		41.44		n.a.		33.54		10,027.3		9,860.4		166.8		6.6		75.17
Non-default		0.81		41.37		n.a.		33.56		9,927.0		9,762.3		164.6		6.6		75.17
Default		100.00		48.12		45.73		31.64		100.3		98.0		2.2		—		—

Qualifying revolving loan (retail)		3.23		77.26		n.a.		64.86		527.4		354.8		172.5		1,581.0		10.92
Non-default		3.06		77.27		n.a.		64.89		526.5		354.1		172.3		1,579.4		10.91
Default		100.00		73.47		69.60		51.22		0.9		0.7		0.2		1.6		13.23

Other retail		4.50		52.99		n.a.		51.31		2,637.6		2,621.9		15.7		17.9		65.86
Non-default		1.68		53.20		n.a.		51.78		2,562.2		2,550.2		11.9		14.0		57.83
Default		100.00		45.81		43.13		35.50		75.4		71.6		3.7		3.9		94.42

Total		2.40		45.18		n.a.		38.34		13,192.5		12,837.2		355.2		1,605.7		11.80
Non-default		1.08		45.15		n.a.		38.41		13,015.7		12,666.7		348.9		1,600.1		11.59
Default		100.00		47.26		44.74		33.39		176.7		170.4		6.2		5.5		70.92


Notes:

1.		Each asset class includes purchased receivables.

2.		The commitments that can be terminated at any time without condition or terminated automatically are not included in the amount of undrawn commitments and weighted average of credit conversion factor.

(O) Actual losses by asset class


	(Billions of yen)
	For the period from October 1, 2013 through September 30, 2014			For the period from October 1, 2014 through September 30, 2015
	Actual losses			Actual losses
Corporate		(35.6	)		180.1
Sovereign		(13.4	)		0.0
Bank		(1.6	)		(0.2	)
Residential mortgage		(4.6	)		(2.8	)
Qualifying revolving loan (retail)		0.0			2.5
Other retail		0.1			5.5

Total		(55.2	)		185.2

Note:

Actual losses are the sum of the net increase (decrease) in the amount of partial direct write-offs, specific reserve for possible losses on loans and general reserve for possible losses on loans (for claims against special attention obligors or below), etc., as well as tax-qualified direct write-offs, losses from sales of non-performing loans, losses from debt forgiveness and losses from debt-equity swaps during the relevant period. Equity exposure under the PD/LGD approach is not included in the amount of actual losses.

Actual losses of ¥185.2 billion in the period from October 1, 2014 through September 30, 2015 increased by ¥240.4 billion compared with the period from October 1, 2013 through September 30, 2014. This was due to significant increase in losses from corporate exposure.

(P) Comparison of estimated and actual losses by asset class


	(Billions of yen)
	For the period from October 1, 2007 through September 30, 2008								For the period from October 1, 2008 through September 30, 2009
	Estimated losses (expected losses as of September 30, 2007)								Estimated losses (expected losses as of September 30, 2008)
			After deduction of reserves			Actual losses					After deduction of reserves			Actual losses
Corporate		1,060.5		202.0			28.2			998.6		390.4			433.9
Sovereign		2.2		(9.3	)		0.7			1.6		(10.7	)		0.0
Bank		8.0		4.2			34.4			18.9		(18.4	)		0.0
Residential mortgage		85.8		18.6			16.9			96.4		22.9			21.3
Qualifying revolving loan (retail)		7.4		2.5			0.0			8.0		3.1			2.2
Other retail		50.1		12.6			4.3			53.2		16.0			6.2

Total		1,214.3		230.7			84.8			1,176.9		403.3			463.9


	(Billions of yen)
	For the period from October 1, 2009 through September 30, 2010								For the period from October 1, 2010 through September 30, 2011
	Estimated losses (expected losses as of September 30, 2009)								Estimated losses (expected losses as of September 30, 2010)
			After deduction of reserves			Actual losses					After deduction of reserves			Actual losses
Corporate		1,377.8		503.2			45.2			1,151.1		406.3			41.1
Sovereign		4.1		(8.3	)		0.3			1.4		(11.5	)		0.2
Bank		42.7		5.6			(3.1	)		32.0		3.9			0.0
Residential mortgage		107.8		26.5			36.6			143.2		38.8			13.3
Qualifying revolving loan (retail)		10.4		3.6			0.2			10.7		3.8			0.2
Other retail		54.6		15.8			22.4			78.6		25.1			4.6

Total		1,597.7		546.6			101.8			1,417.2		466.5			59.5


	(Billions of yen)
	For the period from October 1, 2011 through September 30, 2012								For the period from October 1, 2012 through September 30, 2013
	Estimated losses (expected losses as of September 30, 2011)								Estimated losses (expected losses as of September 30, 2012)
			After deduction of reserves			Actual losses					After deduction of reserves			Actual losses
Corporate		937.7		349.2			28.0			782.6		271.7			22.4
Sovereign		1.3		(11.8	)		0.1			2.5		(10.8	)		0.1
Bank		33.0		5.1			(4.7	)		12.9		5.3			(2.7	)
Residential mortgage		146.0		42.8			(12.0	)		134.0		53.6			(0.1	)
Qualifying revolving loan (retail)		10.7		3.6			0.3			11.0		3.7			0.6
Other retail		75.0		24.1			1.5			72.1		26.8			2.1

Total		1,203.9		413.3			13.2			1,015.2		350.5			22.5


	(Billions of yen)
	For the period from October 1, 2013 through September 30, 2014								For the period from October 1, 2014 through September 30, 2015
	Estimated losses (expected losses as of September 30, 2013)								Estimated losses (expected losses as of September 30, 2014)
			After deduction of reserves			Actual losses					After deduction of reserves			Actual losses
Corporate		654.9		213.9			(35.6	)		488.9		171.8			180.1
Sovereign		1.4		(12.0	)		(13.4	)		1.5		1.4			0.0
Bank		13.5		8.2			(1.6	)		7.3		3.8			(0.2	)
Residential mortgage		117.8		48.5			(4.6	)		100.0		47.4			(2.8	)
Qualifying revolving loan (retail)		11.6		3.8			0.0			11.9		4.2			2.5
Other retail		66.3		24.6			0.1			59.6		24.4			5.5

Total		865.8		287.2			(55.2	)		669.4		253.3			185.2


Notes:

1.		Estimated losses after deduction of reserves are the amount after deductions of partial direct write-offs, specific reserves for possible losses on loans and general reserves for possible losses on loans (for claims against special attention obligors or below), etc., as of the beginning of each period. Equity exposure under the PD/LGD approach is not included in the amount of estimated losses.

2.		Actual losses are the sum of the net increase (decrease) in the amount of partial direct write-offs, specific reserves for possible losses on loans and general reserves for possible losses on loans (for claims against special attention obligors or below), etc., as well as tax-qualified direct write-offs, losses from sales of non-performing loans, losses from debt forgiveness and losses from debt-equity swaps during the relevant period. Equity exposure under the PD/LGD approach is not included in the amount of actual losses.

n Methods for credit risk mitigation

(5) Credit risk mitigation by portfolio classification

The amounts of exposure to which the method of credit risk mitigation through collateral and guarantees is applied are as follows:


	(Billions of yen)
	As of September 30, 2014
	Financial collateral		Other collateral		Guarantees		Credit derivatives		Total
Internal ratings-based approach		2,207.1		4,943.6		7,446.0		19.8		14,616.7
Corporate		1,813.7		4,602.6		5,991.3		19.8		12,427.6
Sovereign		2.5		16.0		688.9		—		707.5
Bank		363.8		116.1		24.6		—		504.5
Retail		27.0		208.8		741.1		—		977.0
Residential mortgage		—		—		167.4		—		167.4
Qualifying revolving loan		—		—		0.2		—		0.2
Other retail		27.0		208.8		573.4		—		809.3
Others		—		—		—		—		—

Standardized approach		247.4		n.a.		104.3		—		351.7
Sovereign		200.0		n.a.		104.3		—		304.3
Bank		4.6		n.a.		—		—		4.6
Corporate		42.8		n.a.		—		—		42.8
Residential mortgage		—		n.a.		—		—		—
Securitizations		—		n.a.		—		—		—
Others		—		n.a.		—		—		—

Total		2,454.6		4,943.6		7,550.4		19.8		14,968.5


	(Billions of yen)
	As of September 30, 2015
	Financial collateral		Other collateral		Guarantees		Credit derivatives		Total
Internal ratings-based approach		1,896.3		5,226.7		7,905.3		57.9		15,086.3
Corporate		1,506.7		4,804.4		6,684.0		57.9		13,053.2
Sovereign		2.5		11.2		504.3		—		518.2
Bank		360.5		176.5		43.9		—		580.9
Retail		26.4		234.5		672.9		—		933.9
Residential mortgage		—		—		156.1		—		156.1
Qualifying revolving loan		—		—		0.2		—		0.2
Other retail		26.4		234.5		516.4		—		777.4
Others		—		—		—		—		—

Standardized approach		243.1		n.a.		173.2		—		416.3
Sovereign		220.0		n.a.		173.2		—		393.2
Bank		8.1		n.a.		—		—		8.1
Corporate		14.9		n.a.		—		—		14.9
Residential mortgage		—		n.a.		—		—		—
Securitizations		—		n.a.		—		—		—
Others		—		n.a.		—		—		—

Total		2,139.4		5,226.7		8,078.5		57.9		15,502.7

n Counterparty risk in derivatives transactions and long-settlement transactions

(6) Status of counterparty risk in derivatives transactions and long-settlement transactions

(A) Status of derivatives transactions and long-settlement transactions

Derivative transactions


			(Billions of yen)
			As of September 30, 2014						As of September 30, 2015
Current exposure method			Gross replacement cost		Gross add-on		Credit equivalent amount		Gross replacement cost		Gross add-on		Credit equivalent amount
Foreign exchange-related transactions				2,910.4		2,599.1		5,509.5		2,692.2		2,997.3		5,689.5
Interest rate-related transactions				4,116.2		1,580.0		5,696.2		3,626.5		1,215.5		4,842.1
Gold-related transactions				—		—		—		—		—		—
Equity-related transactions				137.6		95.9		233.6		111.0		105.3		216.4
Transactions related to precious metals (other than gold)				51.1		133.7		184.9		63.9		119.3		183.3
Other commodity-related transactions				519.4		1,277.5		1,797.0		880.0		1,100.3		1,980.3
Credit derivatives transactions				50.0		237.6		287.7		32.0		223.1		255.1
Subtotal	(A	)		7,785.0		5,924.1		13,709.1		7,405.8		5,761.1		13,167.0
Netting benefits by close-out netting settlement contracts	(B	)		n.a.		n.a.		8,668.0		n.a.		n.a.		7,539.7
Subtotal	(C	)=(A)+(B)		n.a.		n.a.		5,041.0		n.a.		n.a.		5,627.2
Effect of credit risk mitigation by collateral	(D	)		n.a.		n.a.		821.6		n.a.		n.a.		1,150.7

Total	(C	)+(D)		n.a.		n.a.		4,219.4		n.a.		n.a.		4,476.5


Standardized method							Credit equivalent amount						Credit equivalent amount
Total								225.9						323.4

Note:

The current exposure method and standardized method are used as the method to calculate credit equivalent amounts.

Long-settlement transactions

(Billions of yen)

As of September 30, 2014

As of September 30, 2015

Gross
replacement
cost

Gross
add-on

Credit
equivalent
amount

Gross
replacement
cost

Gross
add-on

Credit
equivalent
amount

Long-settlement transactions

1.7

3.0

4.7

4.9

9.0

14.0


Notes:

1.		The current exposure method is used as the method to calculate credit equivalent amounts.

2.		Neither the “netting benefits by close-out netting settlement contracts” nor the “effect of credit risk mitigation by collateral” applies to long-settlement transactions.

(B) Amounts of credit risk mitigation by type


		(Billions of yen)
		As of September 30, 2014		As of September 30, 2015
Financial collateral			12.5		7.0
Other collateral			27.1		29.3
Guarantees, others			17.2		22.7

Total			56.8		59.1

(C) Notional amount of credit derivatives subject to credit equivalent amount calculations
		(Billions of yen)
		As of September 30, 2014		As of September 30, 2015
		Notional amount		Notional amount
Credit derivatives type:
Credit default swap	Protection bought		2,096.6		1,953.2
	Protection sold		2,005.3		2,036.3

Total return swap	Protection bought		—		—
	Protection sold		—		—

Total	Protection bought		2,096.6		1,953.2
	Protection sold		2,005.3		2,036.3

Note: Credit derivatives used for credit risk mitigation are as follows:
		(Billions of yen)
		As of September 30, 2014		As of September 30, 2015
Credit derivatives used for credit risk mitigation			31.5		90.0

n Securitization exposure

(7) Quantitative disclosure items for securitization exposure

● Securitization exposure as originator (for calculation of credit risk-weighted assets)

(A) Information by type of underlying assets


	(Billions of yen)
	As of, or for the six months ended, September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securitization products		Total
Traditional securitizations
Amount of underlying assets (a)		—		107.7		—		—		—		—		—		107.7
Default exposure		—		1.2		—		—		—		—		—		1.2
Losses during the six-month period		—		0.0		—		—		—		—		—		0.0
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Gains and losses recognized on sales during the six-month period		—		—		—		—		—		—		—		—
Securitization subject to early amortization treatment		—		—		—		—		—		—		—		—
Synthetic securitizations
Amount of underlying assets (b)		—		—		—		—		207.3		—		—		207.3
Default exposure		—		—		—		—		—		—		—		—
Losses during the six-month period		—		—		—		—		—		—		—		—
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Total amount of underlying assets (a)+(b)		—		107.7		—		—		207.3		—		—		315.0

	(Billions of yen)
	As of, or for the six months ended, September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securitization products		Total
Traditional securitizations
Amount of underlying assets (a)		—		64.0		—		—		—		—		—		64.0
Default exposure		—		0.5		—		—		—		—		—		0.5
Losses during the six-month period		—		—		—		—		—		—		—		—
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Gains and losses recognized on sales during the six-month period		—		—		—		—		—		—		—		—
Securitization subject to early amortization treatment		—		—		—		—		—		—		—		—
Synthetic securitizations
Amount of underlying assets (b)		—		—		—		—		160.9		—		—		160.9
Default exposure		—		—		—		—		—		—		—		—
Losses during the six-month period		—		—		—		—		—		—		—		—
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Total amount of underlying assets (a)+(b)		—		64.0		—		—		160.9		—		—		225.0


Notes:

1.		Items that refer to “during the six-month period” show amounts accumulated during the six months ended September 30, 2014 and 2015.

2.		“Amount of underlying assets” and “Losses during the six-month period” include those related to, in addition to exposure originated by us, exposure to assets originated by other financial institutions if they are contained in the same securitization program.

3.		“Default exposure” and “Losses during the six-month period” with respect to synthetic securitization transactions are based on the definition of default as set forth in the respective transactions.

4.		Classification based on type of underlying assets is conducted according to the principal underlying asset type for each transaction.

5.		“Credit cards” include shopping credit receivables, card loans, etc.

6.		The effects of risk mitigation, in the context of calculating capital adequacy ratio, of transfers (hedges) of risk through synthetic securitization transactions are reflected in “Required capital” of “(B) Information of securitization exposure retained or purchased.”

7.		Of the securitization exposure retained or purchased whose risk has been transferred (hedged) through securitization schemes, we have categorized securitization exposure as investor if the risk transfer (hedge) effects are not reflected in the calculation of capital adequacy ratio, following the definition for classification of securitization exposure set forth in the FSA Notice No. 20, etc.

–Exposure intended to be securitized–

(Billions of yen)

As of September 30, 2014

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securitization
products

Total

Exposure intended to be securitized

—

(Billions of yen)

As of September 30, 2015

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securitization
products

Total

Exposure intended to be securitized

—

(B) Information of securitization exposure retained or purchased

–Exposure by type of underlying asset–


	(Billions of yen)
	As of September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securitization products		Total
On-balance sheet		—		34.2		—		—		205.1		—		—		239.4
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Off-balance sheet		—		—		—		—		2.1		—		—		2.1
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		—		34.2		—		—		207.3		—		—		241.6
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Exposure on securitizations deducted from capital		—		—		—		—		—		—		—		—
Exposure whose underlying assets are overseas assets		—		—		—		—		118.3		—		—		118.3

	(Billions of yen)
	As of September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securitization products		Total
On-balance sheet		—		—		—		—		158.5		—		—		158.5
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Off-balance sheet		—		—		—		—		2.3		—		—		2.3
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		—		—		—		—		160.9		—		—		160.9
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Exposure on securitizations to which a risk weight of 1,250% is applied		—		—		—		—		—		—		—		—
Exposure whose underlying assets are overseas assets		—		—		—		—		123.5		—		—		123.5


Notes:

1.		Classification based on type of underlying asset is conducted according to the principal underlying asset type for each transaction.

2.		“Credit cards” include shopping credit receivables, card loans, etc.

3.		“Exposure whose underlying assets are overseas assets” is classified based on the principal underlying asset type for each transaction.

4.		“Exposure on resecuritizations” as of both September 30, 2014 and 2015 are classified following Article 1, Paragraph 2-2 of the FSA Notice No. 20 (hereinafter the same).

–Exposure by risk weight category–


	(Billions of yen)
	As of September 30, 2014

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		178.0		—		2.0		—		180.0		—
Up to 50%		5.8		—		—		—		5.8		—
Up to 100%		34.2		—		—		—		34.2		—
Up to 250%		12.9		—		—		—		12.9		—
Up to 650%		—		—		—		—		—		—
Less than 1,250%		8.4		—		0.1		—		8.5		—
1,250%		—		—		—		—		—		—

Total		239.4		—		2.1		—		241.6		—


	(Billions of yen)
	As of September 30, 2015

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		135.5		—		2.2		—		137.8		—
Up to 50%		12.3		—		—		—		12.3		—
Up to 100%		—		—		—		—		—		—
Up to 250%		1.7		—		—		—		1.7		—
Up to 650%		2.5		—		—		—		2.5		—
Less than 1,250%		6.4		—		0.1		—		6.5		—
1,250%		—		—		—		—		—		—

Total		158.5		—		2.3		—		160.9		—


–Amount of required capital by risk weight category–

	(Billions of yen)
	As of September 30, 2014

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		1.0		—		0.0		—		1.0		—
Up to 50%		0.1		—		—		—		0.1		—
Up to 100%		1.1		—		—		—		1.1		—
Up to 250%		0.6		—		—		—		0.6		—
Up to 650%		—		—		—		—		—		—
Less than 1,250%		0.5		—		—		—		0.5		—
1,250%		—		—		—		—		—		—

Total		3.7		—		0.0		—		3.7		—


	(Billions of yen)
	As of September 30, 2015

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		0.9		—		0.0		—		0.9		—
Up to 50%		0.3		—		—		—		0.3		—
Up to 100%		—		—		—		—		—		—
Up to 250%		—		—		—		—		—		—
Up to 650%		0.0		—		—		—		0.0		—
Less than 1,250%		0.7		—		0.0		—		0.7		—
1,250%		—		—		—		—		—		—

Total		2.0		—		0.0		—		2.0		—

–Credit risk mitigation against exposure on resecuritizations–


	(Billions of yen)
Risk weight	As of September 30, 2014		As of September 30, 2015
Up to 20%		—		—
Up to 50%		—		—
Up to 100%		—		—
Up to 250%		—		—
Up to 650%		—		—
Over 650%		—		—

Total		—		—

Note:

The above table shows the exposure on resecuritizations based on the risk weight after taking into consideration the effect of method to mitigate credit risk.

–Capital increase due to securitization transactions–

(Billions of yen)

As of September 30, 2014

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securitization
products

Total

Capital increase due to securitization transactions

—

1.4

—

1.4

(Billions of yen)

As of September 30, 2015

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securitization
products

Total

Capital increase due to securitization transactions

—

0.1

—

0.1

● Securitization exposure as sponsor of securitization programs (ABCP/ABL) (for calculation of credit risk-weighted assets)

(C) Information by type of underlying assets

(Billions of yen)

As of, or for the six months ended, September 30, 2014

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Account
and note
receivables

Real
estate

Others

Total

Amount of underlying assets

124.8

—

24.8

64.0

417.6

—

80.7

712.1

Default exposure

—

4.8

—

4.8

Estimated loss amount related to underlying assets during the six-month period

0.8

—

0.4

0.0

3.5

—

0.5

5.5

Amount of exposures securitized during the six-month period

752.2

—

110.0

313.2

1,670.4

—

469.3

3,315.3

(Billions of yen)

As of, or for the six months ended, September 30, 2015

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Account
and note
receivables

Real
estate

Others

Total

Amount of underlying assets

108.7

—

63.6

48.3

384.0

—

58.5

663.4

Default exposure

—

5.8

—

5.8

Estimated loss amount related to underlying assets during the six-month period

0.5

—

0.6

0.0

3.4

—

0.5

5.2

Amount of exposures securitized during the six- month period

747.6

—

307.7

259.7

1,653.2

—

544.4

3,512.8


Notes:

1.		Items that refer to “during the six-month period” show amounts accumulated during the six months ended September 30, 2014 and 2015.

2.		Securitization exposure that is acquired in securitization of customer’s claims other than as sponsor (in the form of asset-backed securities, trust beneficiary rights and other transferable instruments) is categorized as securitization exposure as investor.

3.		The amount of default exposure is the amount of the underlying assets recognized as default in the calculation of capital adequacy ratio.

4.		Estimated loss amount related to underlying assets is based on the amount of the underlying assets as of the relevant date and the following parameters that are used in the calculation of capital adequacy ratio:
		• parameters used in the calculation of required capital for an underlying asset when applying the supervisory formula (e.g., PD); and • with respect to underlying assets classified as securitization exposure, the conservative application of risk weights used in the ratings-based approach.


5.		Classification based on type of underlying assets is conducted according to the principal underlying asset type for each transaction. Transactions that are difficult to classify are included under “Others.”

6.		“Credit cards” include shopping credit receivables, card loans, etc.

(D) Information of securitization exposure retained or purchased

–Exposure by type of underlying asset–


	(Billions of yen)
	As of September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Account and note receivables		Real estate		Others		Total
On-balance sheet		71.6		—		23.5		64.0		489.4		—		82.6		731.2
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Off-balance sheet		105.9		—		35.5		—		140.0		—		0.5		282.0
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		177.5		—		59.0		64.0		629.4		—		83.1		1,013.3
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Exposure on securitizations to which a risk weight of 1,250% is applied		—		—		—		—		—		—		—		—
Exposure whose underlying assets are overseas assets		123.1		—		57.4		10.2		360.0		—		68.3		619.2

	(Billions of yen)
	As of September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Account and note receivables		Real estate		Others		Total
On-balance sheet		97.8		—		38.6		56.0		391.9		—		83.2		667.7
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Off-balance sheet		64.4		—		43.0		10.3		79.6		—		48.7		246.2
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		162.3		—		81.7		66.3		471.5		—		131.9		913.9
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Exposure on securitizations to which a risk weight of 1,250% is applied		—		—		—		—		—		—		—		—
Exposure whose underlying assets are overseas assets		108.0		—		72.0		33.8		231.8		—		110.6		556.4


Notes:

1.		Securitization exposure retained or purchased includes unused portions of securitization programs that are subject to allocation of required capital.

2.		Classification based on type of underlying assets is conducted according to the principal underlying asset type for each transaction. Transactions that are difficult to classify are included under “Others.”

3.		“Credit cards” include shopping credit receivables, card loans, etc.

4.		The classification of transactions of which the underlying assets are overseas assets is conducted according to the principal underlying assets of each transaction.

5.		“Exposure on resecuritizations” as of both September 30, 2014 and 2015 are classified following Article 1, Paragraph 2-2 of the FSA Notice No. 20 (hereinafter the same).

–Exposure by risk weight category–


	(Billions of yen)
	As of September 30, 2014

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		690.6		—		257.4		—		948.1		—
Up to 50%		16.0		—		—		—		16.0		—
Up to 100%		24.5		—		24.6		—		49.1		—
Up to 250%		—		—		—		—		—		—
Up to 650%		—		—		—		—		—		—
Less than 1,250%		—		—		—		—		—		—
1,250%		—		—		—		—		—		—

Total		731.2		—		282.0		—		1,013.3		—


	(Billions of yen)
	As of September 30, 2015

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		661.9		—		246.2		—		908.1		—
Up to 50%		1.2		—		—		—		1.2		—
Up to 100%		4.5		—		—		—		4.5		—
Up to 250%		—		—		—		—		—		—
Up to 650%		—		—		—		—		—		—
Less than 1,250%		—		—		—		—		—		—
1,250%		—		—		—		—		—		—

Total		667.7		—		246.2		—		913.9		—

–Amount of required capital by risk weight category–


	(Billions of yen)
	As of September 30, 2014

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		4.0		—		1.4		—		5.4		—
Up to 50%		0.4		—		—		—		0.4		—
Up to 100%		1.3		—		1.3		—		2.6		—
Up to 250%		—		—		—		—		—		—
Up to 650%		—		—		—		—		—		—
Less than 1,250%		—		—		—		—		—		—
1,250%		—		—		—		—		—		—

Total		5.8		—		2.7		—		8.5		—


	(Billions of yen)
	As of September 30, 2015

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		4.0		—		1.5		—		5.6		—
Up to 50%		0.0		—		—		—		0.0		—
Up to 100%		0.3		—		—		—		0.3		—
Up to 250%		—		—		—		—		—		—
Up to 650%		—		—		—		—		—		—
Less than 1,250%		—		—		—		—		—		—
1,250%		—		—		—		—		—		—

Total		4.4		—		1.5		—		5.9		—

–Credit risk mitigation against exposure on resecuritizations–


	(Billions of yen)
Risk weight	As of September 30, 2014		As of September 30, 2015
Up to 20%		—		—
Up to 50%		—		—
Up to 100%		—		—
Up to 250%		—		—
Up to 650%		—		—
Over 650%		—		—

Total		—		—

Note:

The above table shows the exposure on resecuritizations based on the risk weight after taking into consideration the effect of method to mitigate credit risk.

● Securitization exposure as investor (for calculation of credit risk-weighted assets)

(E) Information of securitization exposure retained or purchased

–Exposure by type of underlying asset–


	(Billions of yen)
	As of September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Others		Total
On-balance sheet		46.5		1,148.0		154.7		38.7		209.3		38.4		106.3		1,742.1
Exposure on resecuritizations		—		12.7		—		—		62.3		—		—		75.1
Off-balance sheet		41.5		—		48.6		—		4.7		0.3		4.4		99.7
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		88.0		1,148.0		203.3		38.7		214.0		38.7		110.8		1,841.9
Exposure on resecuritizations		—		12.7		—		—		62.3		—		—		75.1
Exposure on securitizations to which a risk weight of 1,250% is applied		—		2.7		0.3		0.6		—		12.7		0.6		17.1
Exposure whose underlying assets are overseas assets		79.9		57.8		163.2		25.5		214.0		12.5		46.5		599.7

	(Billions of yen)
	As of September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Others		Total
On-balance sheet		37.5		971.1		391.8		6.0		354.1		12.5		301.9		2,075.2
Exposure on resecuritizations		—		6.8		—		—		8.4		—		—		15.3
Off-balance sheet		143.9		—		70.1		35.9		202.6		0.1		2.9		455.8
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		181.4		971.1		461.9		41.9		556.8		12.7		304.9		2,531.1
Exposure on resecuritizations		—		6.8		—		—		8.4		—		—		15.3
Exposure on securitizations to which a risk weight of 1,250% is applied		—		0.0		—		—		—		2.0		—		2.0
Exposure whose underlying assets are overseas assets		179.4		0.0		426.8		35.9		556.8		0.3		255.4		1,454.9


Notes:

1.		Subordinated contributions for managed collateralized loan obligations (“CLO”), etc., are included in the above table as exposure as investor even when the assets underlying those CLOs, etc., include exposures that were originated by us. Our subordinated contributions for those managed CLOs, etc. (a risk weight of 1,250% was applied for the purpose of capital adequacy ratio calculation), were ¥0.8 billion as of September 30, 2014 and none as of September 30, 2015.

2.		Classification based on type of underlying assets is conducted according to the principal underlying asset type for each transaction. Transactions that are difficult to classify are included under “Others.”

3.		“Credit cards” include shopping credit receivables, card loans, etc.

4.		The classification of transactions of which the underlying assets are overseas assets is conducted according to the principal underlying assets of each transaction.

5.		Securitization exposure retained or purchased whose risk transfer (hedge) effects are reflected in the calculation of capital adequacy ratio is categorized as securitization exposure as originator.

6.		“Exposure on resecuritizations” as of both September 30, 2014 and 2015 are classified following Article 1, Paragraph 2-2 of the FSA Notice No. 20 (hereinafter the same).

–Exposure by risk weight category–


	(Billions of yen)
	As of September 30, 2014

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		1,613.4		30.9		94.9		—		1,708.3		30.9
Up to 50%		94.8		44.1		—		—		94.8		44.1
Up to 100%		5.1		—		—		—		5.1		—
Up to 250%		0.4		—		—		—		0.4		—
Up to 650%		12.3		—		3.7		—		16.0		—
Less than 1,250%		—		—		—		—		—		—
1,250%		16.0		—		1.0		—		17.1		—

Total		1,742.1		75.1		99.7		—		1,841.9		75.1


	(Billions of yen)
	As of September 30, 2015

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		2,032.6		6.8		452.7		—		2,485.3		6.8
Up to 50%		24.8		8.4		—		—		24.8		8.4
Up to 100%		4.8		—		—		—		4.8		—
Up to 250%		—		—		—		—		—		—
Up to 650%		11.1		—		2.9		—		14.1		—
Less than 1,250%		—		—		—		—		—		—
1,250%		1.8		—		0.1		—		2.0		—

Total		2,075.2		15.3		455.8		—		2,531.1		15.3

–Amount of required capital by risk weight category–
	(Billions of yen)
	As of September 30, 2014

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		10.5		0.5		0.6		—		11.1		0.5
Up to 50%		2.6		1.0		—		—		2.6		1.0
Up to 100%		0.3		—		—		—		0.3		—
Up to 250%		0.0		—		—		—		0.0		—
Up to 650%		4.3		—		1.0		—		5.4		—
Less than 1,250%		—		—		—		—		—		—
1,250%		16.6		—		1.0		—		17.7		—

Total		34.6		1.5		2.7		—		37.4		1.5


	(Billions of yen)
	As of September 30, 2015

Risk weight	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 20%		11.6		0.1		2.8		—		14.5		0.1
Up to 50%		0.5		0.2		—		—		0.5		0.2
Up to 100%		0.3		—		—		—		0.3		—
Up to 250%		—		—		—		—		—		—
Up to 650%		3.1		—		0.8		—		3.9		—
Less than 1,250%		—		—		—		—		—		—
1,250%		1.8		—		0.1		—		2.0		—

Total		17.5		0.3		3.8		—		21.4		0.3

–Credit risk mitigation against exposure on resecuritizations–


	(Billions of yen)
Risk weight	As of September 30, 2014		As of September 30, 2015
Up to 20%		—		—
Up to 50%		0.5		3.2
Up to 100%		—		—
Up to 250%		—		—
Up to 650%		—		—
Over 650%		—		—

Total		0.5		3.2

Note:

The above table shows the exposure on resecuritizations based on the risk weight after taking into consideration the effect of method to mitigate credit risk.

● Securitization exposure as originator (for calculation of market risk equivalent amounts)

(F) Information by type of underlying assets


	(Billions of yen)
	As of, or for the six months ended, September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securiti- zation products		Total
Traditional securitizations
Amount of underlying assets (a)		—		—		—		—		—		—		—		—
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Gains and losses recognized on sales during the six-month period		—		—		—		—		—		—		—		—
Securitization subject to early amortization treatment		—		—		—		—		—		—		—		—
Synthetic securitizations
Amount of underlying assets (b)		—		—		—		—		10.0		—		—		10.0
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Gains and losses recognized on sales during the six-month period		—		—		—		—		—		—		—		—
Total amount of underlying assets (a)+(b)		—		—		—		—		10.0		—		—		10.0

	(Billions of yen)
	As of, or for the six months ended, September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securiti- zation products		Total
Traditional securitizations
Amount of underlying assets (a)		—		—		16.3		—		—		—		—		16.3
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Gains and losses recognized on sales during the six-month period		—		—		—		—		—		—		—		—
Securitization subject to early amortization treatment		—		—		—		—		—		—		—		—
Synthetic securitizations
Amount of underlying assets (b)		—		—		—		—		—		—		—		—
Amount of exposures securitized during the six-month period		—		—		—		—		—		—		—		—
Gains and losses recognized on sales during the six-month period		—		—		—		—		—		—		—		—
Total amount of underlying assets (a)+(b)		—		—		16.3		—		—		—		—		16.3

Note:

Classification based on type of underlying assets is conducted according to the principal underlying asset type for each transaction.

–Exposure intended to be securitized–

(Billions of yen)

As of September 30, 2014

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securiti-
zation
products

Total

Exposure intended to be securitized

—

(Billions of yen)

As of September 30, 2015

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securiti-
zation
products

Total

Exposure intended to be securitized

—

(G) Information of securitization exposure retained or purchased

–Exposure by type of underlying asset–


	(Billions of yen)
	As of September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securiti- zation products		Total
On-balance sheet		—		—		—		—		0.0		—		—		0.0
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Off-balance sheet		—		—		—		—		—		—		—		—
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		—		—		—		—		0.0		—		—		0.0
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Exposure on securitizations to which a risk weight of 100% is applied		—		—		—		—		0.0		—		—		0.0
Exposure whose underlying assets are overseas assets		—		—		—		—		0.0		—		—		0.0

	(Billions of yen)
	As of September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Securiti- zation products		Total
On-balance sheet		—		—		16.3		—		—		—		—		16.3
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Off-balance sheet		—		—		—		—		—		—		—		—
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Total		—		—		16.3		—		—		—		—		16.3
Exposure on resecuritizations		—		—		—		—		—		—		—		—
Exposure on securitizations to which a risk weight of 100% is applied		—		—		—		—		—		—		—		—
Exposure whose underlying assets are overseas assets		—		—		16.3		—		—		—		—		16.3


Notes:

1.		Classification based on type of underlying asset is conducted according to the principal underlying asset type for each transaction.

2.		“Exposure whose underlying assets are overseas assets” is classified based on the principal underlying asset type for each transaction.

–Exposure by risk capital charge category–


	(Billions of yen)
	As of September 30, 2014

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		—		—		—		—		—		—
Up to 4%		—		—		—		—		—		—
Up to 8%		—		—		—		—		—		—
Up to 20%		—		—		—		—		—		—
Up to 52%		—		—		—		—		—		—
Less than 100%		—		—		—		—		—		—
100%		0.0		—		—		—		0.0		—

Total		0.0		—		—		—		0.0		—


	(Billions of yen)
	As of September 30, 2015

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		16.3		—		—		—		16.3		—
Up to 4%		—		—		—		—		—		—
Up to 8%		—		—		—		—		—		—
Up to 20%		—		—		—		—		—		—
Up to 52%		—		—		—		—		—		—
Less than 100%		—		—		—		—		—		—
100%		—		—		—		—		—		—

Total		16.3		—		—		—		16.3		—


–Amount of required capital by risk capital charge category–

	(Billions of yen)
	As of September 30, 2014

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		—		—		—		—		—		—
Up to 4%		—		—		—		—		—		—
Up to 8%		—		—		—		—		—		—
Up to 20%		—		—		—		—		—		—
Up to 52%		—		—		—		—		—		—
Less than 100%		—		—		—		—		—		—
100%		0.0		—		—		—		0.0		—

Total		0.0		—		—		—		0.0		—


	(Billions of yen)
	As of September 30, 2015

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		0.2		—		—		—		0.2		—
Up to 4%		—		—		—		—		—		—
Up to 8%		—		—		—		—		—		—
Up to 20%		—		—		—		—		—		—
Up to 52%		—		—		—		—		—		—
Less than 100%		—		—		—		—		—		—
100%		—		—		—		—		—		—

Total		0.2		—		—		—		0.2		—

–Subject to Comprehensive Risk Measure–


	(Billions of yen)
	As of September 30, 2014
	Securitizations		Resecuritizations
Total amount of securitization exposure		—		—
Total amount of required capital		—		—

–Subject to Comprehensive Risk Measure–


	(Billions of yen)
	As of September 30, 2015
	Securitizations		Resecuritizations
Total amount of securitization exposure		—		—
Total amount of required capital		—		—

–Capital increase due to securitization transactions–

(Billions of yen)

As of September 30, 2014

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securitization
products

Total

Capital increase due to securitization transactions

—

(Billions of yen)

As of September 30, 2015

Credit
cards

Residential
mortgage
loans

Auto
loans

Lease
payment
receivables

Corporate

Real
estate

Securitization
products

Total

Capital increase due to securitization transactions

—

● Securitization exposure as sponsor of securitization programs (ABCP/ABL) (for calculation of market risk equivalent amounts)

(H) Information by type of underlying assets

None as of September 30, 2014 and 2015

(I) Information of securitization exposure retained or purchased

None as of September 30, 2014 and 2015

● Securitization exposure as investor (for calculation of market risk equivalent amounts)

(J) Information of securitization exposure retained or purchased

–Exposure by type of underlying asset–


	(Billions of yen)
	As of September 30, 2014
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Others		Total
On-balance sheet		9.2		4.5		5.5		3.4		0.0		7.6		0.4		30.8
Exposure on resecuritizations		—		—		—		—		—		—		0.1		0.1
Off-balance sheet		—		—		—		—		—		—		—		—
Exposure on resecuritizations		—		—		—		—		—		—		—		—

Total		9.2		4.5		5.5		3.4		0.0		7.6		0.4		30.8

Exposure on resecuritizations		—		—		—		—		—		—		0.1		0.1
Exposure on securitizations to which a risk weight of 100% is applied		—		4.0		—		—		0.0		0.6		0.1		4.8
Exposure whose underlying assets are overseas assets		9.2		4.3		5.5		3.4		0.0		5.8		0.0		28.4

	(Billions of yen)
	As of September 30, 2015
	Credit cards		Residential mortgage loans		Auto loans		Lease payment receivables		Corporate		Real estate		Others		Total
On-balance sheet		—		3.0		13.5		1.4		3.7		5.9		6.3		33.9
Exposure on resecuritizations		—		—		—		—		2.5		—		0.1		2.6
Off-balance sheet		—		—		—		—		—		—		—		—
Exposure on resecuritizations		—		—		—		—		—		—		—		—

Total		—		3.0		13.5		1.4		3.7		5.9		6.3		33.9

Exposure on resecuritizations		—		—		—		—		2.5		—		0.1		2.6
Exposure on securitizations to which a risk weight of 100% is applied		—		3.0		—		—		0.0		0.2		0.4		3.6
Exposure whose underlying assets are overseas assets		—		2.8		13.5		1.4		3.7		4.1		6.2		32.0


Notes:

1.		Classification based on type of underlying assets is conducted according to the principal underlying asset type for each transaction. Transactions that are difficult to classify are included under “Others.”

2.		“Credit cards” include shopping credit receivables, card loans, etc.

3.		The classification of transactions of which the underlying assets are overseas assets is conducted according to the principal underlying assets of each transaction.

4.		“Exposure on resecuritizations” are classified following Article 1, Paragraph 2-2 of the FSA Notice No. 20 (hereinafter the same).

–Exposure by risk capital charge category–


	(Billions of yen)
	As of September 30, 2014

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		21.0		—		—		—		21.0		—
Up to 4%		1.4		—		—		—		1.4		—
Up to 8%		3.1		—		—		—		3.1		—
Up to 20%		—		—		—		—		—		—
Up to 52%		0.2		—		—		—		0.2		—
Less than 100%		—		—		—		—		—		—
100%		4.8		0.1		—		—		4.8		0.1

Total		30.8		0.1		—		—		30.8		0.1


	(Billions of yen)
	As of September 30, 2015

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		22.4		—		—		—		22.4		—
Up to 4%		1.5		1.3		—		—		1.5		1.3
Up to 8%		4.9		—		—		—		4.9		—
Up to 20%		1.2		1.2		—		—		1.2		1.2
Up to 52%		0.1		—		—		—		0.1		—
Less than 100%		—		—		—		—		—		—
100%		3.6		0.1		—		—		3.6		0.1

Total		33.9		2.6		—		—		33.9		2.6

–Amount of required capital by risk capital charge category–
	(Billions of yen)
	As of September 30, 2014

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		0.3		—		—		—		0.3		—
Up to 4%		0.0		—		—		—		0.0		—
Up to 8%		0.2		—		—		—		0.2		—
Up to 20%		—		—		—		—		—		—
Up to 52%		0.0		—		—		—		0.0		—
Less than 100%		—		—		—		—		—		—
100%		4.8		0.1		—		—		4.8		0.1

Total		5.5		0.1		—		—		5.5		0.1


	(Billions of yen)
	As of September 30, 2015

Risk capital charge	On-balance sheet		Exposure on resecuritizations		Off-balance sheet		Exposure on resecuritizations		Total		Exposure on resecuritizations
Up to 1.6%		0.3		—		—		—		0.3		—
Up to 4%		0.0		0.0		—		—		0.0		0.0
Up to 8%		0.3		—		—		—		0.3		—
Up to 20%		0.2		0.2		—		—		0.2		0.2
Up to 52%		0.0		—		—		—		0.0		—
Less than 100%		—		—		—		—		—		—
100%		3.6		0.1		—		—		3.6		0.1

Total		4.7		0.3		—		—		4.7		0.3

–Subject to Comprehensive Risk Measure–


	(Billions of yen)
	As of September 30, 2014
	Securitization		Resecuritization
Total amount of securitization exposure		—		—
Total amount of required capital		—		—


	(Billions of yen)
	As of September 30, 2015
	Securitization		Resecuritization
Total amount of securitization exposure		—		—
Total amount of required capital		—		—

n Market risk

● Trading activities

The following table shows VaR (Value at Risk) figures of our trading activities:


	(Billions of yen)
	For the six months ended September 30, 2014		For the fiscal year ended March 31, 2015		For the six months ended September 30, 2015
End of period		3.3		6.5		2.6
Maximum		6.8		7.1		4.4
Minimum		3.1		3.1		1.8
Average		4.1		4.4		2.5
The number of cases where assumptive losses exceeded VaR during the period		0		2		3


Notes:

1.		Amount of market risk (VaR) is calculated based on the internal model.

2.		The multiplication factor for the calculation of market risk equivalent is determined by the number of cases where assumptive losses exceeded VaR before 250 business days prior to the end of period.

3.		Our group companies which conduct trading activities are Mizuho Bank, Mizuho Trust & Banking and Mizuho Securities, etc.


VaR method:
Linear risk:		variance co-variance model
Non-linear risk:		Monte-Carlo simulation
VaR		Simple aggregation of linear risk and non-linear risk
Quantitative standard:		1. confidence interval: one-tailed 99.0%;
		2. holding period: 1 day; and
		3. historical observation period of one year (265 business days)

VaR (Value at Risk)

The VaR method measures the maximum possible loss that could be incurred due to market movements within a certain time period (or holding period) and degree of probability (or confidence interval).

Back testing

The Back testing is one of the methods to evaluate the effectiveness of market risk measurements calculated using the VaR method that compares VaR and amount of losses (we compare VaR with assumptive profits and losses). The number of cases where assumptive losses exceeded VaR is the number of times in which losses exceeded VaR during the corresponding period.

The following table shows stressed VaR figures of our trading activities:


	(Billions of yen)
	For the six months ended September 30, 2014		For the fiscal year ended March 31, 2015		For the six months ended September 30, 2015
End of period		11.3		20.2		5.2
Maximum		16.3		24.8		12.5
Minimum		8.5		8.5		3.4
Average		11.5		13.2		6.4


Stressed VaR method:
Linear risk:		variance co-variance model
Non-linear risk:		Monte-Carlo simulation
Stressed VaR		Simple aggregation of linear risk and non-linear risk
Quantitative standard:		1. confidence interval: one-tailed 99.0%;
		2. holding period: 1 day; and
		3. historical observation period of one year of significant financial stress (265 business days)

Stressed VaR

The stressed VaR measurement is based on a continuous 12-month period of significant financial stress.

● Outlier criteria

The following table shows results of calculations under the outlier framework:


	(Billions of yen)
	Amount of loss		Broadly-defined capital		Loss ratio to capital
As of September 30, 2014		448.1		9,167.5		4.8	%
As of March 31, 2015		529.2		9,508.4		5.5	%
As of September 30, 2015		542.3		9,596.1		5.6	%
Effect of yen interest rate		77.3		n.a.		n.a.
Effect of dollar interest rate		356.2		n.a.		n.a.
Effect of euro interest rate		76.6		n.a.		n.a.

Outlier criteria

As part of the capital adequacy requirements under Basel III, the losses arising from a banking book in hypothetical interest rate shock scenarios under certain stress conditions are calculated and compared with the sum of Tier 1 and Tier 2 capital. If the interest rate risk of the banking book leads to an economic value decline of more than 20% of the sum of Tier 1 and Tier 2 capital, we will be deemed an “outlier” and may be required to reduce the banking book risk or adopt other responses.

Interest rate shock scenario under stress conditions in outlier criteria

For the interest rate shock scenario used in connection with the calculations under the outlier framework, we generate annual rate fluctuation data for five years derived from daily raw historical interest rate data of the past six years and then apply the actual fluctuation data at a 99.0% confidence level to the shock scenario.

n Equity exposure in banking book

(8) Status of equity exposure in banking book

(A) Amounts stated in consolidated balance sheet

(Billions of yen)

As of September 30, 2014

As of September 30, 2015

Consolidated
balance sheet
amount

Fair value

Consolidated
balance sheet
amount

Fair value

Exposure of listed stock, etc.

3,883.0

4,036.3

4,168.0

4,328.4

Other equity exposure

328.1

n.a.

421.8

n.a.

Total

4,211.1

n.a.

4,589.9

n.a.

Note:

The above figures include only Japanese and foreign stocks.

(B) Gains and losses on sales related to equity exposure

(Billions of yen)

For the six months ended September 30, 2014

For the six months ended September 30, 2015

Gains and losses
on sales

Gains on sales

Losses on sales

Gains on sales

Losses on sales

Sale of equity exposure

38.9

39.8

0.9

117.5

133.1

15.6

Note:

The above figures represent gains and losses on sales of stocks in our consolidated statement of income.

(C) Gains and losses from write-offs related to equity exposure


	(Billions of yen)
	For the six months ended September 30, 2014			For the six months ended September 30, 2015
	Gains and losses from write-offs			Gains and losses from write-offs
Write-offs of equity exposure		(2.9	)		(1.1	)

Note:

The above figures represent gains and losses on devaluation of stocks in our consolidated statement of income.

(D) Unrealized gains and losses recognized in the consolidated balance sheet and not recognized in the consolidated statement of income

(Billions of yen)

As of September 30, 2014

As of September 30, 2015

Net
unrealized
gains

Unrealized
gains

Unrealized
losses

Unrealized
gains

Unrealized
losses

Equity exposure

1,629.8

1,696.1

66.2

2,015.7

2,058.8

43.1

Note:

The above figures include only Japanese and foreign stocks.

(E) Unrealized gains and losses not recognized in the consolidated balance sheet or in the consolidated statement of income

(Billions of yen)

As of September 30, 2014

As of September 30, 2015

Net

Unrealized
gains

Unrealized
losses

Unrealized
gains

Unrealized
losses

Equity exposure

153.2

159.1

5.9

160.3

168.0

7.7

Note:

The above figures include only Japanese and foreign stocks.

(F) Equities exposure by portfolio classification


	(Billions of yen)
	As of September 30, 2014		As of September 30, 2015
PD/LGD approach		4,123.6		4,430.4
Market-based approach (simple risk weight method)		687.2		521.5
Market-based approach (internal models approach)		—		—

Total		4,810.8		4,951.9

n Composition of Leverage Ratio


					(Millions of yen)
Corresponding line # on Basel III disclosure template (Table 2)		Corresponding line # on Basel III disclosure template (Table 1)	Item		As of September 30, 2015
On-balance sheet exposures				(1)
1			On-balance sheet exposures before deducting adjustment items			165,380,668
	1a	1	Total assets reported in the consolidated balance sheet			192,246,749
	1b	2	The amount of assets of subsidiaries that are not included in the scope of the leverage ratio on a consolidated basis (-)			—
	1c	7	The amount of assets of subsidiaries that are included in the scope of the leverage ratio on a consolidated basis (except those included in the total assets reported in the consolidated balance sheet)			—
	1d	3	The amount of assets that are deducted from the total assets reported in the consolidated balance sheet (except adjustment items) (-)			26,866,080
2		7	The amount of adjustment items pertaining to Tier 1 capital (-)			608,441
3			Total on-balance sheet exposures	(a)		164,772,227
Exposures related to derivative transactions				(2)
4			Replacement cost associated with derivatives transactions, etc.			2,953,992
5			Add-on amount associated with derivatives transactions, etc.			5,780,165
			The amount of receivables arising from providing cash margin in relation to derivatives transactions, etc.			720,563
6			The amount of receivables arising from providing cash margin, provided where deducted from the consolidated balance sheet pursuant to the operative accounting framework			139,039
7			The amount of deductions of receivables (out of those arising from providing cash variation margin) (-)			—
8			The amount of client-cleared trade exposures for which a bank holding company acting as a clearing member is not obliged to make any indemnification (-)			/
9			Adjusted effective notional amount of written credit derivatives			2,604,848
10			The amount of deductions from effective notional amount of written credit derivatives (-)			2,300,909
11		4	Total exposures related to derivative transactions	(b)		9,897,698
Exposures related to repo transactions				(3)
12			The amount of assets related to repo transactions, etc			12,518,834
13			The amount of deductions from the assets above (line 12) (-)			5,592,130
14			The exposures for counterparty credit risk for repo transactions, etc			359,275
15			The exposures for agent repo transactions			/
16		5	Total exposures related to repo transactions, etc.	(c)		7,285,979
Exposures related to off-balance sheet transactions				(4)
17			Notional amount of off-balance sheet transactions			47,084,828
18			The amount of adjustments for conversion in relation to off-balance sheet transactions (-)			30,029,572
19		6	Total exposures related to off-balance sheet transactions	(d)		17,055,256
Leverage ratio on a consolidated basis				(5)
20			The amount of capital (Tier 1 capital)	(e)		7,742,337
21		8	Total exposures ((a)+(b)+(c)+(d))	(f)		199,011,162
22			Leverage ratio on a consolidated basis ((e)/(f))			3.89	%

n Liquidity Coverage Ratio

Liquidity standards agreed upon by the Basel Committee on Banking Supervision require our liquidity coverage ratio to surpass the minimum standard starting March 31, 2015.

We calculate our consolidated liquidity coverage ratio (the “Consolidated LCR”) in accordance with the regulation “The Evaluation Criterion on the Sound Management of Liquidity Risk Defined, Based on Banking Law Article 52-25, as One of Criteria for Bank Holding Companies to Evaluate the Soundness of Their Management and the Ones of Their Subsidiaries and Others, which is also One of Evaluation Criteria on the Soundness of the Banks’ Management” (the FSA Notice No. 62 of 2014 (the “Notice No. 62”)).

The information disclosed herein is in accordance with “Matters Separately Prescribed by the Commissioner of the Financial Services Agency Regarding Status of Sound Management of Liquidity Risk , etc. pursuant to Article 19-2, Paragraph 1, Item 5, Sub-item (e), etc. of the Ordinance for Enforcement of the Banking Law (Ministry of Finance Ordinance No. 7 of 2015)” (the FSA Notice No. 7 of 2015).

The status of our sound management of liquidity risk is as follows:


				(In million yen, the number of data)
Item				For the three months ended June 30, 2015					For the three months ended September 30, 2015
High-Quality Liquid Assets			(1)
1	Total high-quality liquid assets (HQLA)				51,995,637					54,533,817

Cash Outflows		(2)		TOTAL UNWEIGHTED		TOTAL WEIGHTED VALUE			TOTAL UNWEIGHTED		TOTAL WEIGHTED VALUE
2	Cash outflows related to unsecured retail funding				43,271,690		3,491,951			43,503,236		3,510,031
3	of which, Stable deposits				11,966,157		358,984			12,038,853		361,165
4	of which, Less stable deposits				31,305,533		3,132,966			31,464,382		3,148,866
5	Cash outflows related to unsecured wholesale funding				57,588,934		35,923,629			58,474,228		37,362,630
6	of which, Qualifying operational deposits				0		0			0		0
7	of which, Cash outflows related to unsecured wholesale funding other than qualifying operational deposits and debt securities				48,184,777		26,519,471			49,101,282		27,989,684
8	of which, Debt securities				9,404,157		9,404,157			9,372,945		9,372,945
9	Cash outflows related to secured funding, etc						1,554,580					1,522,191
10	Cash outflows related to derivative transactions, etc. funding programs, credit and liquidity facilities				23,812,063		6,272,561			24,105,273		5,921,025
11	of which, Cash outflows related to derivatives transactions, etc				1,587,911		1,587,911			1,601,799		1,601,799
12	of which, Cash outflows related to funding programs				251,418		251,418			255,147		255,147
13	of which, Cash outflows related to credit and liquidity facilities				21,972,733		4,433,232			22,248,326		4,064,078
14	Cash outflows, etc. related to contractual funding obligations				6,196,794		2,014,009			5,268,271		1,620,085
15	Cash outflows related to contingencies				66,388,361		654,949			66,615,191		636,818
16	Total cash outflows						49,911,681					50,572,782

Cash Inflows		(3)		TOTAL UNWEIGHTED		TOTAL WEIGHTED VALUE			TOTAL UNWEIGHTED		TOTAL WEIGHTED VALUE
17	Cash inflows related to secured lending and investments, etc.				10,369,702		763,435			10,799,937		734,118
18	Cash inflows related to collections of loans, etc				8,572,185		5,733,975			8,707,095		5,817,720
19	Other cash inflows				6,520,295		1,679,308			5,194,612		1,570,303
20	Total cash inflows				25,462,183		8,176,718			24,701,644		8,122,142

Consolidated liquidity coverage ratio			(4)
21	Total HQLA allowed to be included in the calculation						51,995,637					54,533,817
22	Net cash outflows						41,734,963					42,450,640
23	Consolidated liquidity coverage ratio						124.6	%				128.4	%
24	The number of data used to calculate the average value				3					3


Notes:

1.		Item from 1 to 23 are quarterly average using data points as shown in item 24.

2.		We do not apply the “exception regarding qualifying operational deposits” in Article 28 of the Notice No. 62 with respect to item 6.

3.		The numbers in item 11 include the amount of additional collateral required due to market valuation changes on derivative transactions estimated by the “historical look-back approach” instead of “scenario approach” in Article 37 of the Notice No. 62.

4.		There are no material components that necessitate detailed explanation of “cash outflows from other contracts” in Article 59 of the Notice No. 62 within item 14, “cash outflows from other contingent funding obligations” in Article 52 of the Notice No. 62 within item 15, “cash inflows from other contracts” in Article 72 of the Notice No. 62 within item 19.

Our Consolidated LCR is 124.6% for the three months ended June 30, 2015 and 128.4% for the three months ended September 30, 2015, with no significant change.

Our Consolidated LCR does not lead to any issues since it surpasses not only the current minimum standard (60%) required under the liquidity regulation, but also the final regulatory standard (100%), for the three months ended June 30, 2015 and September 30, 2015, respectively. Our Consolidated LCR disclosed herein does not differ much from the level we expected beforehand, and we do not expect our Consolidated LCR in the future to deviate significantly from the current level.

There are no significant changes in the composition, such as currency composition or type composition, and geographic distribution of the HQLA allowed to be included in the calculation.

In addition, there is no significant currency mismatch which might affect our funding conditions between total amount of the HQLA allowed to be included in the calculation and net cash outflow regarding significant currencies.