November 16, 2015

	Company name：	The Bank of Yokohama, Ltd.
	Representative：	Tatsumaro Terazawa
		Representative Director, President
	Code number：	8332
		First Section, Tokyo Stock Exchange
	Company name：	The Higashi-Nippon Bank, Limited
	Representative：	Michito Ishii
		Representative Director, President
	Code number：	8536
		First Section, Tokyo Stock Exchange

Notice regarding the filing of a Registration Statement on Form F-4

with the U.S. Securities and Exchange Commission

The Bank of Yokohama, Ltd. (hereinafter “BOY) and The Higashi-Nippon Bank, Limited (hereinafter “HNB”) (collectively, the “Parties”) hereby announce that the Parties have filed a registration statement on Form F-4 (hereinafter “Form F-4”) under the U.S. Securities Act of 1933, as amended, in connection with their proposed management integration (hereinafter the “Management Integration”). The Parties filed the Form F-4 with the U.S. Securities and Exchange Commission (hereinafter “SEC”) on November 10, 2015 (U.S. Eastern Standard time), and the Form F-4 was declared effective on November 13, 2015 (U.S. Eastern Standard time).

The Form F-4 includes consolidated financial statements of BOY and HNB prepared in accordance with International Financial Reporting Standards (hereinafter “IFRS”), as well as qualitative information such as the structure of the Management Integration, business overview of BOY and HNB, and analysis of the financial condition and results of operations of the Parties. The consolidated financial statements under IFRS were prepared for the purpose of filing the Form F-4 with the SEC in connection with the Management Integration. BOY and HNB have adopted accounting principles generally accepted in Japan (hereinafter “Japanese GAAP”). For adopting IFRS, BOY and HNB will take appropriate actions in consideration of the surround situations.

While an annual report on Form 20-F, which will include consolidated financial statements under IFRS as at and for the year ended March 31, 2016, is planned to be filed with the SEC, the Parties currently plans to terminate their reporting obligations with the SEC as soon as the conditions for such termination are met.

A copy of the registration statement on Form F-4 can be reviewed and obtained on EDGAR, the SEC’s Electric Data Gathering, Analysis, and Retrieval system.

(http://www.sec.gov/Archives/edgar/data/1622143/000119312515372772/0001193125-15-372772-index.htm)

(End)

[Reference]

Major financial information of BOY and HNB under IFRS included in Form F-4

[BOY]

(1) Consolidated Financial Results for the Year Ended March 31, 2015

(2) Consolidated Statements of Financial Position as at March 31, 2015 and 2014

(3) Consolidated Income Statements / Consolidated Statements of Comprehensive Income for the Year Ended March 31, 2015 and 2014

(4) Primary Differences between Japanese GAAP and IFRS (Unaudited) as at and for the Year Ended March 31, 2015

[HNB]

(5) Consolidated Financial Results for the Year Ended March 31, 2015

(6) Consolidated Statements of Financial Position as at March 31, 2015 and 2014

(7) Consolidated Income Statements / Consolidated Statements of Comprehensive Income for the Year Ended March 31, 2015 and 2014

(8) Primary Differences between Japanese GAAP and IFRS (Unaudited) as at and for the Year Ended March 31, 2015

The short-form excerpts of financial statements and other information from the Form F-4 are for Japanese investors’ reference purposes only, and do not purport to represent the entire facts disclosed in the Form F-4.

November 16, 2015

Consolidated Financial Results for the Year Ended March 31, 2015

Company Name:

The Bank of Yokohama, Ltd.

(Code No. 8332: Listed on the 1st Section of the Tokyo Stock Exchange)

URL:	http://www.boy.co.jp/

Representative:

Representative Director, President Tatsumaro Terazawa

1. Consolidated Financial Results (for the year ended March 31, 2015)							(Amounts less than one million yen are rounded off.)

(1) Operating Results	(Unit: Millions of Yen)
		Operating Income		Profit before Tax		Net Profit		Net Profit Attributable to Shareholders of the Parent		Total Comprehensive Income
For the year ended March 31, 2015			235,940		119,442		79,192		75,385		137,622
For the year ended March 31, 2014			244,888		111,444		66,487		63,922		70,864

	Earnings per Share (Basic)		Earnings per Share (Diluted)
For the year ended March 31, 2015		¥59.78		¥59.75
For the year ended March 31, 2014		¥49.28		¥49.25

(2) Financial Position	(Unit: Millions of Yen)
		Total Assets		Total Equity
As at March 31, 2015			15,364,223		974,692
As at March 31, 2014			13,725,246		880,564

(3) Cash Flows	(Unit: Millions of Yen)
	Cash Flows from Operating Activities		Cash Flows from Investing Activities			Cash Flows from Financing Activities			Cash and Cash Equivalents at the end of year
For the year ended March 31, 2015		1,326,637		(331,408	)		(73,429	)		2,189,883
For the year ended March 31, 2014		554,176		122,447			(129,415	)		1,268,029

Consolidated Statements of Financial Position

＜IFRS＞

	The Bank of Yokohama, Ltd.
					(Millions of yen)
		At March 31, 2014			At March 31, 2015
Assets
Cash and deposits with banks			1,427,693			2,326,802
Call loans			283,615			276,915
Financial assets held for trading other than derivatives			9,321			14,599
Derivative financial assets			42,640			48,579
Investment securities *			2,104,402			2,522,296
Loans and advances			9,610,304			9,857,034
Investment in an associate			1,049			1,055
Property and equipment			167,595			169,361
Intangible assets			11,741			12,553
Deferred tax assets			11,841			11,095
Retirement benefit assets			-			8,737
Other assets			55,045			115,197
Total assets			13,725,246			15,364,223
Liabilities
Deposits			11,880,421			12,232,493
Call money			182,179			777,300
Cash collateral on securities lent			91,591			247,652
Derivative financial liabilities			40,075			43,624
Debt securities issued			30,000			–
Borrowings			434,071			811,282
Current tax liabilities			18,183			12,404
Deferred tax liabilities			12,553			45,099
Retirement benefit liabilities			4,731			627
Other liabilities			150,878			219,050
Total liabilities			12,844,682			14,389,531
Equity
Equity attributable to shareholders of the parent
Share capital			215,629			215,629
Capital surplus			176,804			180,045
Retained earnings			400,233			438,102
Other reserves			81,282			141,165
Treasury shares			(5,586	)		(5,091	)
Total equity attributable to shareholders of the parent			868,362			969,850
Non-controlling interests			12,202			4,842
Total equity			880,564			974,692
Total liabilities and equity			13,725,246			15,364,223

(*) Including investment securities which were pledged to creditors and can be sold or repledged.

Consolidated Income Statements

<IFRS>

The Bank of Yokohama, Ltd. (Millions of yen)
	For the year ended March 31, 2014		For the year ended March 31, 2015
Interest income		161,152		154,686
Interest expenses		11,598		10,625
Net interest income		149,554		144,061

Fee and commission income		55,636		59,639
Fee and commission expenses		5,775		6,196
Net fee and commission income		49,861		53,443

Net trading income		14,940		28,757
Other operating income		30,533		9,679
Operating income		244,888		235,940

Impairment losses on investment securities		788		890
Impairment losses (reversals) on loans and advances		11,231		(6,033	)
General and administrative expenses		106,759		110,441
Other operating expenses		14,672		11,205
Operating expenses		133,450		116,503

Share of profit in an associate		6		5
Profit before tax		111,444		119,442
Income tax expenses		44,957		40,250
Net profit		66,487		79,192

Net profit attributable to:
Shareholders of the parent		63,922		75,385
Non-controlling interests		2,565		3,807
Net profit		66,487		79,192

Consolidated Statements of Comprehensive Income

＜IFRS＞

The Bank of Yokohama, Ltd. (Millions of yen)
	For the year ended March 31, 2014		For the year ended March 31, 2015
Net profit		66,487		79,192

Other comprehensive income:
Items which will not be reclassified subsequently to profit or loss
Actuarial gains on defined benefit plans		28		3,510
Items which may be reclassified subsequently to profit or loss
Net gains on available-for-sale financial assets		4,328		54,879
Foreign currency translation adjustments for foreign operations		21		41
Other comprehensive income for the year, net of tax		4,377		58,430
Total comprehensive income		70,864		137,622

Total comprehensive income attributable to:
Shareholders of the parent		67,756		133,058
Non-controlling interests		3,108		4,564

Primary Differences between Japanese GAAP and IFRS (Unaudited)

As at and for the year ended March 31, 2015	The Bank of Yokohama, Ltd. (Millions of yen)
	Equity			Net profit
Japanese GAAP		1,010,496			79,324
Primary GAAP differences
Scope of consolidation/equity method accounting		(45,186	)		999
Loans and advances		(32,332	)		6,746
Investment securities		28,022			1,072
Property and equipment		43,391			329
Employee’s benefit		(25,929	)		2,766
Goodwill		－			(8,898	)
Other		(4,432	)		(2,613	)
Tax effect of the above		(1,669	)		(1,962	)
Deferred tax assets		2,331			1,429
IFRS		974,692			79,192

The explanation below highlights the primary differences between Japanese GAAP and IFRS related to “Equity” and “Net profit”. “Net profit” includes net profit attributable to non-controlling interests.

1. Scope of consolidation/equity method accounting

Under IFRS, equity method accounting is applied to a special-purpose entity, a funding vehicle which is consolidated under Japanese GAAP. On the other hand, some structured entities – i.e. securitization vehicles – that are not consolidated under Japanese GAAP, are consolidated under IFRS.

2. Loans and advances

(1) Allowance for loan losses

Under Japanese GAAP, allowance for loan losses are calculated based on categorization of borrowers and classification of credit facilities. Individual allowance for loan losses is calculated based on the discounted cash flow (“DCF”) method for specifically identified significant loans, or based on estimated uncollectable amounts considering historical loss experience and recoveries from collateral and guarantees. Collective allowance for loan losses is calculated on a portfolio basis using the loans’ historical loss experience.

Under IFRS, allowance for loan losses are calculated for borrowers with objective evidence of impairment. If there is objective evidence that loans and advances are impaired, impairment losses are individually calculated based on the DCF method for individually significant impaired loans. For the remaining impaired loans, impairment losses are collectively calculated based on estimated losses. As a result, the scope of DCF method under IFRS is broader than that under Japanese GAAP. In addition, for non-impaired loans, impairment losses are calculated as the incurred but not yet identified losses by the end of reporing period.

(2) Loan origination fees and costs

3. Investment securities

(1) Impairment

Under Japanese GAAP, impairment losses are recognized for investment securities classified as held-to-maturity and available-for-sale if the fair value declines significantly below its cost and recovery is not reasonably expected.

Under IFRS, impairment losses are recognized if there is objective evidence of impairment – e.g. when there is a loss event with impact on its estimated future cash flow for held-to-maturity and available-for-sale debt securities or when there is a significant or prolonged decline in the fair value below cost for equity securities.

(2) Fair value

Under Japanese GAAP, equity securities that do not have readily determinable fair values are accounted for at cost less accumulated impairment losses. Under IFRS, these equity securities, which are classified available-for-sale, are measured at fair value.

(3) Classification and measurement

Certain investment securities previously classified as “available-for-sale” under Japanese GAAP but met the definition of “loans and receivables” under IFRS, have been classified as “loans and receivables” upon the transition to IFRS. Accordingly, fair value reserve of such investment securities previously recognized in equity under Japanese GAAP was reversed as part of the transition.

4. Property and equipment

Under Japanese GAAP, the declining-balance method of depreciation is primarily applied for property and equipment. In addition, acquisition costs of property and equipment are changed due to the reduction entries at initial recognition under Japanese tax law and the revaluation for land in accordance with the land revaluation law in Japan. Under IFRS, the straight-line method of depreciation is primarily applied. In addtion, such reduction entries and the revaluation for land made under Japanese GAAP are reversed under IFRS.

5. Employee’s benefit

Under Japanese GAAP, the amount that can be recognized as a net defined asset is not subject to an asset-ceiling, however, under IFRS, the amount that can be recognized as a net defined asset shall be subject to an asset-ceiling.

6. Goodwill

Under Japanese GAAP, negative goodwill arising from the additional acquisition of interest in a subsidiary is recognized in the consolidated income statement as gains in the period incurred. Under IFRS, such gains are not recognized in the consolidated income statement as the transaction is accounted for as an equity transaction.

November 16, 2015

Consolidated Financial Results for the Year Ended March 31, 2015

Company Name:

The Higashi-Nippon Bank, Limited

(Code No. 8536: Listed on the 1st Section of the Tokyo Stock Exchange)

URL:	http://www.higashi-nipponbank.co.jp/

Representative:

Representative Director, President　Michito Ishii

1. Consolidated Financial Results (for the year ended March 31, 2015)

(1) Operating Results

(Amounts less than one million yen are rounded off.)

(Unit: Millions of Yen)

	Operating Income		Profit Before Tax		Net Profit		Net Profit Attributable to Shareholders of the Parent		Total Comprehensive Income
For the year ended March 31, 2015		37,678		14,347		8,168		8,138		14,069
For the year ended March 31, 2014		34,858		9,637		5,340		5,291		6,949

	Earnings per Share (Basic)		Earnings per Share (Diluted)
For the year ended March 31, 2015		¥46.04		¥45.81
For the year ended March 31, 2014		¥29.96		¥29.84

(2) Financial Position			(Unit: Millions of Yen)
	Total Assets		Total Equity
As at March 31, 2015		2,078,908		93,047
As at March 31, 2014		1,935,553		80,327

(3) Cash Flows

(Unit: Millions of Yen)

	Cash Flows from Operating Activities		Cash Flows from Investing Activities			Cash Flows from Financing Activities			Cash and Cash Equivalents at the end of year
For the year ended March 31, 2015		67,178		(27,729	)		(1,418	)		99,552
For the year ended March 31, 2014		9,296		11,147			(1,415	)		61,519

Consolidated Statements of Financial Position

＜IFRS＞

	The Higashi-Nippon Bank, Limited
	(Millions of yen)
	At March 31, 2014			At March 31, 2015
Assets
Cash and deposits with banks		63,614			100,650
Call loans		20,175			5,541
Derivative financial assets		77			281
Investment securities		374,336			415,566
Loans and advances		1,439,323			1,521,802
Property and equipment		16,959			17,650
Intangible assets		1,333			1,240
Deferred tax assets		13,685			9,992
Other assets		6,051			6,186
Total assets		1,935,553			2,078,908
Liabilities
Deposits		1,823,399			1,893,303
Call money		–			26
Derivative financial liabilities		809			871
Debt securities issued		9,952			9,959
Borrowings		2,589			61,044
Current tax liabilities		1,363			3,812
Retirement benefit liabilities		8,323			8,043
Other liabilities		8,791			8,803
Total liabilities		1,855,226			1,985,861
Equity
Equity attributable to shareholders of the parent
Share capital		38,300			38,300
Capital surplus		24,697			24,730
Retained earnings		11,483			18,208
Other reserves		7,119			13,020
Treasury shares		(1,453	)		(1,422	)
Total equity attributable to shareholders of the parent		80,146			92,836
Non-controlling interests		181			211
Total equity		80,327			93,047
Total liabilities and equity		1,935,553			2,078,908

Consolidated Income Statements

＜IFRS＞

	The Higashi-Nippon Bank, Limited (Millions of yen)
	For the year ended March 31, 2014		For the year ended March 31, 2015
Interest income		28,243		27,340
Interest expenses		1,689		1,610
Net interest income		26,554		25,730

Fee and commission income		2,613		2,786
Fee and commission expenses		415		431
Net fee and commission income		2,198		2,355

Net trading losses		148		156
Other operating income		6,254		9,749
Operating income		34,858		37,678

Impairment charges (reversals)		676		(891	)
General and administrative expenses		23,137		23,625
Other operating expenses		1,408		597
Operating expenses		25,221		23,331

Profit before tax		9,637		14,347
Income tax expenses		4,297		6,179
Net profit		5,340		8,168

Net profit attributable to:
Shareholders of the parent		5,291		8,138
Non-controlling interests		49		30
Net profit		5,340		8,168

Consolidated Statements of Comprehensive Income

＜IFRS＞

	The Higashi-Nippon Bank, Limited (Millions of yen)
	For the year ended March 31, 2014			For the year ended March 31, 2015
Net profit		5,340			8,168

Other comprehensive income:
Items which will not be reclassified subsequently to profit or loss
Remeasurements of defined benefit pension plans		1,377			141
Income tax expense relating to items which will not be reclassified		(490	)		(1	)
Total items which will not be reclassified to profit or loss, net of tax		887			140
Items which may be reclassified subsequently to profit or loss
Net gains on available-for-sale financial assets		1,000			8,170
Income tax expense relating to items which may be reclassified		(278	)		(2,409	)
Total items which may be reclassified subsequently to profit or loss, net of tax		722			5,761
Other comprehensive income for the year, net of tax		1,609			5,901
Total comprehensive income for the year		6,949			14,069

Total comprehensive income attributable to:
Shareholders of the parent		6,900			14,039
Non-controlling interests		49			30
Total comprehensive income for the year		6,949			14,069

Primary Differences between Japanese GAAP and IFRS (Unaudited)

As at and for the year ended March 31, 2015	The Higashi-Nippon Bank, Limited (Millions of yen)
	Equity			Net profit
Japanese GAAP		116,226			8,600
Primary GAAP differences
Loans and advances		(24,211	)		1,430
Investment securities		(10	)		(129	)
Property and equipment		(6,919	)		98
Employee’s benefit		(2,284	)		240
Other		(743	)		(241	)
Tax effect of the above		10,483			(1,473	)
Deferred tax assets		505			(357	)
IFRS		93,047			8,168

1. Loans and advances

(1) Allowance for loan losses

(2) Loan origination fees and costs

Under Japanese GAAP, loan origination fees and costs are generally recognized in the consolidated income statement when earned or as incurred. Under IFRS, such loan origination fees and costs are deferred and amortized in the consolidated income statement over the loan periods as integral components of the effective interest. In addition, if an entity revises its estimates of payments or receipts, the entity shall adjust the carrying amount of the financial asset to reflect the revised estimated cash flows discounted at the original effective interest rate. The adjustment is recognized in profit or loss as income or expenses.

2. Investment securities

(1) Impairment

Under Japanese GAAP, impairment losses are recognized for investment securities classified as available-for-sale if the fair value declines significantly below its cost and recovery is not reasonably expected.

Under IFRS, impairment losses are recognized if there is objective evidence of impairment – e.g. when there is a loss event with impact on its estimated future cash flow for available-for-sale debt securities or when there is a significant or prolonged decline in the fair value below cost for equity securities.

(2) Fair value

(3) Classification and measurement

3. Property and equipment

4. Employee’s benefit

Under IFRS, retirement benefit obligation is recalculated as there are some differences between Japanese GAAP and IFRS in the basic rates to be applied.

5. Deferred tax assets

Under Japanese GAAP, after determining periods of certain years to estimate future taxable profit, deferred tax assets are recognized to the extent that it is recoverable against the temporary differences within those periods. Under IFRS, since there is no explicit limit on the periods to estimate future taxable profit, deferred tax assets are recognized to the extent that the recoverability of deferred tax assets is probable from the future taxable profit.

10–End

Higashi-Nippon Bank, Ltd. 6-K