CHIBA BANK NEWS

May 10, 2024

Company Name:

The Chiba Bank, Ltd.

Representative:

Tsutomu Yonemoto, President

Stock Exchange Listing:

Tokyo (code: 8331)

Announcement regarding FY2023 and FY2022 Ordinary Income Results

May 10, 2024 - The Chiba Bank, Ltd. today announced that ordinary income for FY2023 differed from

the previous year's results as described below.

1. Difference in Ordinary Income between FY2023 and FY2022 Results

Consolidated results for FY2023 (April 1, 2023 ~ March 31, 2024)

Ordinary Income

FY2022

(a)

(Million yen)

278,377

FY2023

(b)

310,742

Total increase

(b-a)

32,365

Percent increase

(%)

11.6%

Non-consolidated results for FY2023 (April 1, 2023 ~ March 31, 2024)

Ordinary Income

FY2022

(a)

(Million yen)

245,394

FY2023

(b)

277,781

Total increase

(b-a)

32,386

Percent increase

(%)

13.1%

2. Reason for Difference

Ordinary income for FY2023 exceeded the previous year's results by more than 10% mainly as a result of increased interest on loans and discounts as well as interest and dividends on securities in the Bank's non-consolidated results.

For further details, please refer to the May 10, 2024 release entitled "Financial Results for Fiscal Year 2023, ended March 31, 2024".

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Disclaimer

Chiba Bank Ltd. published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 06:14:57 UTC.