17
TOMATO BANK Financial Highlights 2015 April 1, 2014 ― March 31, 2015 TOMATO BANK, LTD.
TOMATO BANK Financial Highlights 2015
April 1, 2014 ― March 31, 2015
TOMATO BANK, LTD.
CONTENTS (page)
Profile ······································································· 1
Corporate Data ···························································· 1
Subsidiaries and Affiliated Companies ································· 1
Message from the President ············································· 2
Board of Directors ························································ 2
Foreign Exchange Service Branches ··································· 3
Service Network ··························································· 3
Consolidated Financial Statements
Consolidated Balance Sheets ········································ 4
Consolidated Statements of Income ································ 5
Consolidated Statements of Comprehensive Income ············ 5
Consolidated Statements of Changes in Net Assets ·············· 6-8
Consolidated Statements of Cash Flows ··························· 9
Non-Consolidated Financial Statements
Non-Consolidated Balance Sheets ································· 11
Non- Consolidated Statements of Income ························· 12
Non-Consolidated Statements of Changes in Net Assets ········ 13-15
(Note) Information presented herein has been extracted from the Original material, solely
for the convenience of outside Japan.
The amounts, ratios or any other information presented herein have not been audited.
- 1 -
Profile
TOMATO BANK, established in Okayama in 1931 as a savings and loan association, has since grown to
become a financial institution serving mainly small and medium-sized companies.
Becoming an authorized foreign exchange bank in 1978 has enabled TOMATO BANK to provide a variety
of services to meet the region’s international banking needs. This, together with being listed on the stock
exchange since 1987, has made TOMATO BANK one of the area’s leading financial institutions, a position
we fully intend to maintain.
In 1989, TOMATO BANK’s status was upgraded from “sogo” bank (mutual saving and loan) to ordinary
commercial bank status. We marked this occasion by changing our name TOMATO BANK, LTD. to
symbolize a process of renewal. Thus, we hoped to establish ourselves as a friendly bank to every customer,
like a tomato.
In order to carry out our mission as a financial institution that contributes to the region’s growth and
development, we aim to provide the customers at our 61 branches, both businesses and individuals, with the
best possible service.
Corporate Data as of July 31, 2015
TOMATO BANK, LTD.
Head Office 3-4, Bancho 2-chome, Kita-ku, Okayama-shi, Okayama 700-0811, Japan
Market & International Business Division
Phone : 086-800-1510 Fax : 086-221-1040 SWIFT code : TOMAJPJZ
Founded November 9, 1931
Paid-in Capital 14,310 millions of yen
Issued and Outstanding Stock 116,790,300 shares
Stock Listing First Section of Tokyo Securities Exchange
Branches 61
Employees 840
Subsidiaries and Affiliated Companies as of July 31, 2015
Subsidiaries TOMATO BUSINESS, LTD.
TOMATO CARD, LTD.
Affiliated Companies
TOMATO LEASE, LTD.
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 2 -
Shogo Takagi, President
Message from the President
Thank you very much for your usual utilization and continued patronage to
us, TOMATO BANK.
The economy of Okayama Prefecture, the home area of the bank, is
expected to continue its moderate recovery trend with solid consumer
spending being observed as a whole.
We have started the new Medium-Term Management Plan, the “TOMATO
Future Creation Plan: the Challenge to the Evolution 2018,” spanning the
three years from April 2015 to March 2018. In this new plan, we have also
established a future vision of us toward the next 10 years (the Management
Vision) considering changes in social environments in the medium and
long term: “The Bank to Make Dreams Come True and Create Future of
the Region.”
The TOMATO Future Creation Plan is positioned as the first three-year plan to realize the Management
Vision, upon which we further aim to “evolve” our prior theme “reform,” which we had been working on in
the previous Medium-Term Management Plan, “TOMATO MOTTO3 Plan,” and establish a solid
management base, as well as further contribute to the regional revitalization and invigoration.
We appreciate your continued support and cooperation.
August, 2015
Shogo Takagi
President
Board of Directors as of July 31, 2015
President Managing Director Director Corporate Auditor Shogo Takagi Sumiharu Ukida Shinya Yokoide Kazumasa Ozaki
Senior Managing Director Masashi Nakayama Kazuyuki Sakate Jiro Itano
Koji Yokobayashi Yasuto Fukui Hiroyuki Tomita Kazumi Yoshioka Hiroshi Ogawa Noboru Miyake
Mihoko Ueoka
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 3 -
Foreign Exchange Service Branches as of July 31, 2015
Foreign Exchange Service Branches
Head Office Business Department
3-4, Bancho 2-chome, Kita-ku, Okayama-shi, Okayama 700-0811, Japan Phone : 086-221-1010 Fax : 086-222-6340
Kurashiki Business Department
26-5, Chuo 1-chome, Kurashiki-shi, Okayama 710-0046, Japan Phone : 086-422-6226 Fax : 086-421-5431
Kobe Branch 1-8, Motomachi-dori 5-chome, Chuo-ku, Kobe-shi, Hyogo 650-0022, Japan Phone : 078-367-2511 Fax : 078-367-2515
Osaka Branch 13th Floor Minamisenba Heart Bldg. 3-2, Minamisenba 2-chome, Chuo-ku, Osaka-shi, Osaka 542-0081, Japan Phone : 06-7711-9090 Fax : 06-7711-4040
Service Network as of July 31, 2015
Foreign Exchange Service Branch
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
Hyogo＜4＞
Okayama ＜53＞
Hiroshima＜1＞
Tokyo Branch Osaka Branch
Kurashiki Business Department
Head Office Business Department
Kobe Branch
Internet Branch＜1＞ MOMOTARO Branch
- 4 -
Consolidated Balance Sheets Millions of Yen
Thousands of U.S. Dollars
2015 2014 2015 ASSETS: Cash and due from banks 43,973 51,754 365,931 Call loans and bills bought － 5,283 － Trading account securities 278 391 2,318 Securities 263,215 191,360 2,190,358 Loans and bills discounted 866,838 806,076 7,213,437 Foreign exchange 4,418 792 36,770 Other assets 3,882 4,093 32,311 Property, plant and equipment 12,431 10,942 103,447 Intangible assets 651 609 5,418 Net defined benefit assets 307 151 2,556 Deferred tax assets 853 1,642 7,102 Customers' liabilities for acceptances and guarantees 3,630 3,079 30,213 Allowance for loan losses （7,142） （6,634） （59,440）
Total assets 1,193,339 1,069,543 9,930,425
LIABLITIES AND NET ASSETS: Liabilities: Deposits 1,025,420 977,128 8,533,079 Call money and bills sold 7,991 1,644 66,500 Borrowed money 95,702 30,077 796,393 Foreign exchange 2 6 24 Bonds payable 11,300 11,300 94,033 Other liabilities 7,741 6,979 64,422 Net defined benefit liability 524 1,026 4,362 Provision for directors' retirement benefits 268 230 2,238 Provision for reimbursement of deposits 142 126 1,187 Provision for contingent loss 159 188 1,324 Deferred tax liabilities for land revaluation 540 598 4,498 Acceptances and guarantees 3,630 3,079 30,213
Total liabilities 1,153,425 1,032,385 9,598,278 Net assets: Shareholders' equity： Capital stock 14,310 14,310 119,081 Capital surplus 12,491 12,491 103,950 Retained earnings 9,337 8,006 77,700 Treasury stock （601） （554） （5,004）
Total shareholders’ equity 35,537 34,253 295,728 Accumulated other comprehensive income: Valuation difference on available-for-sale securities 3,669 2,492 30,537 Deferred gains or losses on hedges （2） （0） （18）
Revaluation reserve for land 644 591 5,363 Remeasurements of defined benefit plans 64 （200） 535
Total accumulated other comprehensive income 4,376 2,882 36,418 Minority interests － 21 －
Total net assets 39,914 37,157 332,147 Total liabilities and net assets 1,193,339 1,069,543 9,930,425
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 5 -
Consolidated Statements of Income Millions of Yen
Thousands of U.S. Dollars
2015 2014 2015 Income: Interest and dividends on: Loans and discounts 13,660 13,205 113,678 Securities 1,950 1,682 16,235 Other 59 52 496 Fees and commissions 3,343 2,826 27,824 Other ordinary income 383 361 3,187 Other income 1,109 673 9,236
Total income 20,508 18,802 170,659 Expenses: Interest on: Deposits 1,003 816 8,349 Borrowing 121 80 1,012 Bonds 296 287 2,466 Other 82 44 684 Fees and commissions 2,162 1,871 17,996 Other ordinary expenses 312 162 2,597 General and administrative expenses 11,861 11,662 98,701 Other expenses 1,909 1,772 15,890
Total expenses 17,749 16,697 147,699 Income before income taxes 2,759 2,104 22,959 Income taxes: Current 858 506 7,147 Deferred 234 353 1,951 Income before minority interests 1,665 1,243 13,859 Minority interests 2 3 24 Net income 1,662 1,240 13,835
Consolidated Statements of Comprehensive Income Millions of Yen
Thousands of U.S. Dollars
2015 2014 2015 Income before minority interests 1,665 1,243 13,859 Other comprehensive income Valuation difference on available-for-sales securities 1,176 （419） 9,790 Deferred gains or losses on hedges （1） （0） （10）
Revaluation reserve for land 55 － 465 Remeasurements of defined benefit plans 264 － 2,202 Share of other comprehensive income of entities accounted
for using equity method 0 0 4
Comprehensive income 3,162 824 26,313 Comprehensive income attributable to: Owners’ of parent 3,159 820 26,288 Minority Interests 2 3 24
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 6 -
Consolidated Statements of Changes in Net Assets
Millions of Yen 2015
Capital stock Capital surplus Retained earnings Treasury stock
Balance at beginning of year 14,310 12,491 8,006 （554）
Cumulative effect of accounting changes － － 239 － Restated balance 14,310 12,491 8,245 （554）
Net income － － 1,662 － Cash dividends － － （573） － Purchases of treasury stock － － － （4）
Disposals of treasury stock － － （0） 0 Reversal of revaluation reserve for land － － 2 － Change in treasury stock arising from change
in equity in entities accounted for using equity method
－ － － （43）
Net changes in items other than shareholders' equity
－ － － －
Net changes during the year － － 1,091 （47）
Balance at end of year 14,310 12,491 9,337 （601）
Millions of Yen 2015
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for
land
Remeasurements of defined
benefit plans
Minority interests
Total net assets
Balance at beginning of year 2,492 （0） 591 (200) 21 37,157 Cumulative effect of accounting changes
－ － － － － 239
Restated balance 2,492 （0） 591 (200) 21 37,397 Net income － － － － － 1,662 Cash dividends － － － － － （573）
Purchases of treasury stock － － － － － （4）
Disposals of treasury stock － － － － － 0 Reversal of revaluation reserve for
land － － － － － 2
Change in treasury stock arising from change in equity in entities accounted for using equity method
－ － － － － （43）
Net changes in items other than shareholders' equity
1,177 （1） 53 264 （21） 1,472
Net changes during the year 1,177 （1） 53 264 （21） 2,516 Balance at end of year 3,669 （2） 644 64 － 39,914
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 7 -
Millions of Yen 2014
Capital stock Capital surplus Retained earnings Treasury stock
Balance at beginning of year 14,310 12,491 7,322 （506）
Net income － － 1,240 － Cash dividends － － （574） － Purchases of treasury stock － － － （4）
Disposals of treasury stock － － （0） 0 Reversal oｆ revaluation rｅｓｅｒｖｅ ｆｏｒ ｌａｎｄ － － 17 － Change in treasury stock arising from change
in equity in entities accounted for using equity method
－ － － （43）
Net changes in items other than shareholders' equity
－ － － －
Net changes during the year － － 683 （47）
Balance at end of year 14,310 12,491 8,006 （554）
Millions of Yen 2014
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for
land
Remeasurements of defined
benefit plans
Minority interests
Total net assets
Balance at beginning of year 2,911 0 609 － 17 37,155 Net income － － － － － 1,240 Cash dividends － － － － － （574）
Purchases of treasury stock － － － － － （4）
Disposals of treasury stock － － － － － 0 Reversal of revaluation reserve for
land － － － － － 17
Change in treasury stock arising from change in equity in entities accounted for using equity method
－ － － － － （43）
Net changes in items other than shareholders' equity
（418） （0） （17） （200） 3 （634）
Net changes during the year （418） （0） （17） （200） 3 1 Balance at end of year 2,492 （0） 591 （200） 21 37,157
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 8 -
Thousands of U.S. Dollars 2015
Capital stock Capital surplus Retained earnings Treasury stock
Balance at beginning of year 119,081 103,950 66,624 （4,611）
Cumulative effect of accounting changes － － 1,993 － Restated balance 119,081 103,950 68,617 （4,611）
Net income － － 13,835 － Cash dividends － － （4,775） － Purchases of treasury stock － － － （35）
Disposals of treasury stock － － （1） 5 Reversal of revaluation reserve for land － － 24 － Change in treasury stock arising from change
in equity in entities accounted for using equity method
－ － － （362）
Net changes in items other than shareholders' equity
－ － － －
Net changes during the year － － 9,083 （392）
Balance at end of year 119,081 103,950 77,700 （5,004）
Thousands of U.S. Dollars 2015
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for
land
Remeasurements of defined
benefit plans
Minority interests
Total net assets
Balance at beginning of year 20,742 （7） 4,922 （1,667） 175 309,210 Cumulative effect of accounting changes
－ － － － － 1,993
Restated balance 20,742 （7） 4,922 （1,667） 175 311,203 Net income － － － － － 13,835 Cash dividends － － － － － （4,775）
Purchases of treasury stock － － － － － （35）
Disposals of treasury stock － － － － － 3 Reversal of revaluation reserve for
land － － － － － 24
Change in treasury stock arising from change in equity in entities accounted for using equity method
－ － － － － （362）
Net changes in items other than shareholders' equity
9,794 （10） 441 2,202 （175） 12,253
Net changes during the year 9,794 （10） 441 2,202 （175） 20,944 Balance at end of year 30,537 （18） 5,363 535 － 332,147
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 9 -
Consolidated Statements of Cash Flows Millions of Yen
Thousands of U.S. Dollars
2015 2014 2015 Cash flows from operating activities
Income (loss) before income taxes 2,759 2,104 22,959 Depreciation 563 499 4,693 Impairment loss 0 9 1 Amortization of negative goodwill － （0） － Gain on bargain purchase （2） － （16）
Share of (profit) loss of entities accounted for using equity method （61） （41） （513）
Increase (decrease) in allowance for loan losses 508 69 4,234 Increase (decrease) in net defined benefit asset 33 － 280 Increase(decrease) in net defined benefit liability 6 85 53 Increase (decrease) in provision for directors' retirement benefits 38 （14） 320 Increase (decrease) in provision for reimbursement of deposits 16 17 136 Increase (decrease) in provision for contingent loss （28） （10） （240）
Gain on fund management （15,671） （14,940） （130,411）
Financing expenses 1,503 1,228 12,512
Loss (gain) related to securities 49 （220） 412 Foreign exchange losses (gains) （2） （1） （22）
Loss (gain) on disposal of non-current assets 16 43 141 Net decrease (increase) in loans and bills discounted （60,761） （79,102） （505,631）
Net increase (decrease) in deposits 71,170 41,396 592,252 Net increase (decrease) in negotiable certificates of deposits （22,879） 17,412 （190,393）
Net increase (decrease) in borrowed money (excluding subordinated borrowings)
65,625 19,305 546,103
Net decrease (increase) in deposits (excluding deposits paid to Bank of Japan)
184 （81） 1,531
Net decrease (increase) in call loans 5,283 （1,783） 43,964 Net increase (decrease) in call money 6,346 （7,382） 52,813 Net decrease (increase) in foreign exchanges - assets （3,625） 253 （30,173）
Net increase (decrease) in foreign exchanges - liabilities （3） 3 （26）
Proceeds from fund management 15,944 15,405 132,683 Payments for finance （1,572） （1,190） （13,087）
Decrease (increase) in defined benefit plans 77 － 645
Other, net （1,281） 2,287 （10,659）
Subtotal 64,238 （4,646） 534,564 Income taxes paid （566） （433） （4,712）
Net cash provided by (used in) operating activities 63,672 （5,079） 529,852 Cash flows from investing activities
Purchase of securities （219,306） （69,112） （1,824,972）
Proceeds from sales of securities 121,872 87,722 1,014,171 Proceeds from redemption of securities 28,742 25,982 239,183
Purchase of shares of subsidiaries （21） － （182）
Purchase of shares of subsidiaries and associates （64） （66） （536）
Purchase of property, plant and equipment （1,773） （1,089） （14,758）
Purchase of intangible assets （0） （123） （1）
Proceeds from sales of property, plant and equipment 2 30 18
Proceeds from sales of intangible assets － 127 － Net cash provided by (used in) investing activities （70,549） 43,470 (587,079)
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 10 -
Cash flows from financing activities Issuance of subordinated bonds － 1,000 － Repayments of lease obligations （144） （97） （1,199）
Cash dividends paid （573） （574） （4,775）
Purchases of treasury stock （4） （4） （35）
Proceeds from sales of treasury stock 0 0 3 Net cash provided by (used in) financing activities （721） 324 （6,007）
Effect of exchange rate change on cash and cash equivalents 2 1 22 Net increase (decrease) in cash and cash equivalents (7,596) 38,716 （63,211）
Cash and cash equivalents at beginning of year 48,924 10,208 407,130 Cash and cash equivalents at end of year 41,328 48,924 343,918
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 11 -
Non-Consolidated Balance Sheets Millions of Yen
Thousands of U.S. Dollars
2015 2014 2015 ASSETS: Cash and due from banks 43,973 51,752 365,924 Call loans － 5,283 － Trading account securities 278 391 2,318 Securities 263,291 191,386 2,190,988 Loans and bills discounted 867,134 806,426 7,215,902 Foreign exchange 4,418 792 36,770 Other assets 2,754 3,041 22,924 Property, plant and equipment 12,431 10,942 103,447 Intangible assets 650 609 5,414 Prepaid pension cost 228 407 1,898 Deferred tax asｓets 829 1,512 6,899 Customers' liabilities for acceptances and guarantees 3,747 3,195 31,182 Allowance for loan losses （7,085） （6,570） （58,963）
Total assets 1,192,652 1,069,172 9,924,706 LIABLITIES AND NET ASSETS: Liabilities: Deposits 1,025,540 977,226 8,534,080 Call money 7,991 1,644 66,500 Borrowed money 95,652 30,027 795,977 Foreign exchange 2 6 24 Bonds payable 11,300 11,300 94,033 Other liabilities 7,093 6,492 59,029 Provision for retirement benefits 530 963 4,412 Provision for directors' retirement benefits 258 218 2,154 Provision for reimbursement of deposits 142 126 1,187 Provision for contingent loss 159 188 1,324 Deferred tax liabilities for land revaluation 540 598 4,498 Acceptances and guarantees 3,747 3,195 31,182
Total liabilities 1,152,959 1,031,988 9,594,405 Net assets: Shareholders' equity： Capital stock 14,310 14,310 119,081 Capital surplus 12,640 12,640 105,189 Retained earnings 8,907 7,622 74,120 Treasury stock （476） （472） （3,963）
Total shareholders’ equity 35,381 34,100 294,427 Valuation and translation adjustments: Valuation difference on available-for-sale securities 3,668 2,492 30,528 Deferred gains or losses on hedges （2） （0） （18）
Revaluation reserve for land 644 591 5,363 Total valuation and translation adjustments 4,310 3,082 35,873
Total net assets 39,692 37,183 330,301 Total liabilities and net assets 1,192,652 1,069,172 9,924,706
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 12 -
Non- Consolidated Statements of Income Millions of Yen
Thousands of U.S. Dollars
2015 2014 2015 Income: Interest and dividends on: Loans and discounts 13,622 13,165 113,362 Securities 1,958 1,681 16,298 Other 59 52 496 Fees and commissions 3,106 2,606 25,850 Other ordinary income: Gains on sales and redemptions of other securities and trading account securities
207 390 1,725
Foreign exchange gains 25 35 212 Other 221 8 1,839 Other income: Recoveries of written off claims 405 249 3,375 Gains on sales of equity securities － 37 － Other 573 343 4,768
Total income 20,180 18,570 167,931 Expenses: Interest on: Deposits 1,003 816 8,349 Borrowing 120 79 1,006 Bonds 296 287 2,466 Other 76 39 636 Fees and commissions 2,133 1,844 17,755 Other ordinary expenses: Losses on sales and redemptions of bonds and trading account securities
310 161 2,587
General and administrative expenses 11,660 11,558 97,029 Other expenses: Losses on sales and write-offs of shares 12 46 106 Provision for possible loan losses 1,040 1,035 8,659 Write-offs of loans 460 217 3,832 Losses on disposals of fixed assets 37 37 315 Losses on impairment of fixed assets 0 9 1 Other 346 427 2,885
Total expenses 17,500 16,561 145,633 Income before income taxes 2,679 2,009 22,297 Income taxes: Current 793 489 6,599 Deferred 269 351 2,241
Total income taxes 1,062 840 8,841 Net income 1,616 1,169 13,455
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 13 -
Non-Consolidated Statements of Changes in Net Assets
Millions of Yen 2015
Capital stock Capital surplus Retained earnings
Treasury stock
Balance at beginning of year 14,310 12,640 7,622 （472）
Cumulative effect of accounting changes － － 239 － Restated balance 14,310 12,640 7,862 （472）
Net income － － 1,616 － Cash dividends － － （575） － Purchases of treasury stock － － － （4）
Disposals of treasury stock － － （0） 0 Reversal of revaluation reserve for land － － 2 － Net changes in items other than shareholders' equity
－ － － －
Net changes during the year － － 1,044 （3）
Balance at end of year 14,310 12,640 8,907 （476）
Millions of Yen 2015
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total net assets
Balance at beginning of year 2,492 （0） 591 37,183 Cumulative effect of accounting changes － － － 239
Restated balance 2,492 （0） 591 37,423 Net income － － － 1,616 Cash dividends － － － （575）
Purchases of treasury stock － － － （4）
Disposals of treasury stock － － － 0 Reversal of revaluation reserve for land － － － 2 Net changes in items other than shareholders' equity
1,176 （1） 53 1,228
Net changes during the year 1,176 （1） 53 2,269
Balance at end of year 3,668 （2） 644 39,692
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 14 -
Millions of Yen 2014
Capital stock Capital surplus Retained earnings
Treasury stock
Balance at beginning of year 14,310 12,640 7,011 （468）
Net income － － 1,169 － Cash dividends － － （575） － Purchases of treasury stock － － － （4）
Disposals of treasury stock － － （0） 0 Reversal of revaluation reserve for land － － 17 － Net changes in items other than shareholders' equity
－ － － －
Net changes during the year － － 611 （3）
Balance at end of year 14,310 12,640 7,622 （472）
Millions of Yen 2014
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total net assets
Balance at beginning of year 2,911 0 609 37,013 Net income － － － 1,169 Cash dividends － － － （575）
Purchases of treasury stock － － － （4）
Disposals of treasury stock － － － 0 Reversal of revaluation reserve for land － － － 17 Net changes in items other than shareholders' equity
（419） （0） （17） （437）
Net changes during the year （419） （0） （17） 169
Balance at end of year 2,492 （0） 591 37,183
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
- 15 -
Thousands of U.S. Dollars 2015
Capital stock Capital surplus Retained earnings
Treasury stock
Balance at beginning of year 119,081 105,189 63,434 （3,933）
Cumulative effect of accounting changes － － 1,993 － Restated balance 119,081 105,189 65,427 （3,933）
Net income － － 13,455 － Cash dividends － － （4,785） － Purchases of treasury stock － － － （35）
Disposals of treasury stock － － （1） 5 Reversal of revaluation reserve for land － － 24 － Net changes in items other than shareholders' equity
－ － － －
Net changes during the year － － 8,692 （30）
Balance at end of year 119,081 105,189 74,120 （3,963）
Thousands of U.S. Dollars 2015
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Total net assets
Balance at beginning of year 20,738 （7） 4,922 309,424 Cumulative effect of accounting changes － － － 1,993
Restated balance 20,738 （7） 4,922 311,417 Net income － － － 13,455 Cash dividends － － － （4,785）
Purchases of treasury stock － － － （35）
Disposals of treasury stock － － － 3 Reversal of revaluation reserve for land － － － 24 Net changes in items other than shareholders' equity
9,790 （10） 441 10,220
Net changes during the year 9,790 （10） 441 18,883 Balance at end of year 30,528 （18） 5,363 330,301
TOMATO BANK, LTD.
Fiscal year ended March 31, 2015 and 2014
