Change in the Presentation of Gains and Losses on the Cancellation or Redemption of Investment Trusts

「From the current interim consolidated accounting period, gains or losses arising from the cancellation or redemption of investment trusts are presented in interest and dividend income on securities under interest income when gains exceed losses at the end of each quarter, and in other operating expenses when losses exceed gains.」

「From the current interim consolidated accounting period, gains or losses arising from the cancellation or redemption of investment trusts are presented in interest and dividend income on securities under interest income when gains exceed losses at the end of each quarter, and in other operating expenses when losses exceed gains.」

「Previously, gains or losses arising from the cancellation or redemption of investment trusts were presented on an individual transaction basis, with gains included in interest and dividend income on securities under interest income and losses included in other ordinary expenses. Following amendments to the Ordinance for Enforcement of the Banking Act, which newly established core net operating profit excluding gains and losses on cancellation of investment trusts as an indicator of the performance of core operations, the nature of these gains and losses was reassessed. Because both represent returns from investment trust investments, it was decided that, from the current first-quarter cumulative consolidated period, when gains exceed losses at the end of each quarter, they will be included in interest and dividend income on securities under interest income, and when losses exceed gains, they will be included in other operating expenses, in order to present operating results more appropriately.」