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 November 2014

Commission File No. 000-54189

 

 

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

 

 

7-1, Marunouchi 2-chome, Chiyoda-ku

Tokyo 100-8330, 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):

 

 

 


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: November 14, 2014

 

Mitsubishi UFJ Financial Group, Inc.
By:  

/s/ Akira Takeda

Name:   Akira Takeda
Title:   Chief Manager, General Affairs
  Corporate Administration Division


 

LOGO

Consolidated Summary Report

<under Japanese GAAP>

for the six months ended September 30, 2014

November 14, 2014

 

Company name:    Mitsubishi UFJ Financial Group, Inc.    Stock exchange listings:    Tokyo, Nagoya, New York
Code number:    8306    URL     http://www.mufg.jp/   
Representative:    Nobuyuki Hirano, President & CEO      
For inquiry:   

Hiroshi Fukunaga, General Manager - Financial Planning Division / Financial Accounting Office

TEL (03) 3240-3110

Quarterly securities report issuing date:     November 28, 2014    Dividend payment date:        December 5, 2014
Trading accounts:                        Established      
Supplemental information for quarterly financial statements:    Available   
Quarterly investor meeting presentation:    Scheduled (for investors and analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Data for the Six Months ended September 30, 2014

(1) Results of Operations

 

     (% represents the change from the same period in  the previous fiscal year)  
           Ordinary Income                  Ordinary Profits                  Net Income        
Six months ended    million yen      %      million yen      %      million yen      %  

September 30, 2014

     2,761,541         6.9        949,892         11.7         578,716         9.1   

September 30, 2013

     2,583,258         9.6        850,439        49.2         530,204         82.5   

 

(*) Comprehensive income
     September 30, 2014: 1,163,937 million yen, 26.5%    ;     September 30, 2013: 919,842 million yen, 183.0%

 

     Net Income
per Common Stock
     Diluted Net Income
per Common Stock
 
Six months ended    yen      yen  

September 30, 2014

     40.86        40.66  

September 30, 2013

     36.82        36.68  

(2) Financial Conditions

 

     Total Assets      Total Net Assets      Net Assets Attributable to
MUFG Shareholders to
Total Assets (*)
 
As of    million yen      million yen      %  

September 30, 2014

     264,458,187        15,343,060        5.0  

March 31, 2014

     258,131,946         15,112,895        5.1  

(Reference) Shareholders’ equity as of      September 30, 2014: 13,353,505 million yen;      March 31, 2014: 13,056,060 million yen

 

  (*) “Net assets attributable to MUFG shareholders to total assets” is computed under the formula shown below
     (Total net assets - Subscription rights to shares - Minority interests) / Total assets

2. Dividends on Common Stock

 

     Dividends per Share  
     1st quarter-end      2nd quarter-end      3rd quarter-end      Fiscal year-end      Total  
Fiscal year    yen      yen      yen      yen      yen  

ended March 31, 2014

     —          7.00        —           9.00         16.00   

ending March 31, 2015

     —          9.00         ——           ——           ——     

ending March 31, 2015 (Forecast)

     ——           ——           —          9.00         18.00   

 

  (*1) Revision of forecasts for dividends on the presentation date of this Consolidated Summary Report: Yes
  (*2) The information in the above table is only for dividends on common stock. There is no schedule of dividend payment on classified stock (unlisted) issued by MUFG.

3. Earnings Target for the Fiscal Year ending March 31, 2015 (Consolidated)

MUFG has the target of 950.0 billion yen of consolidated net income for the fiscal year ending March 31, 2015. (There is no change to our earnings target released on May 14, 2014.)

MUFG is engaged in financial service businesses such as banking business, trust banking business, securities business and credit card/loan businesses. Because there are various uncertainties caused by economic situation, market environments and other factors in these businesses, MUFG discloses a target of its consolidated net income instead of a forecast of its performance.


LOGO Notes

 

(1) Changes in significant subsidiaries during the period: No

 

(2) Changes in accounting policies, changes in accounting estimates and restatements

 

  (A) Changes in accounting policies due to revision of accounting standards: Yes

 

  (B) Changes in accounting policies due to reasons other than (A): No

 

  (C) Changes in accounting estimates: No

 

  (D) Restatements: No

 

  Note: For more details, please see “(1) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements” in page 3 of Appendix.

 

(3) Number of common stocks outstanding at the end of the period

 

(A) Total stocks outstanding including treasury stocks:

   September 30, 2014      14,168,606,920 shares   
   March 31, 2014      14,164,026,420 shares   

(B) Treasury stocks:

   September 30, 2014      2,580,556 shares   
   March 31, 2014      2,554,673 shares   

(C) Average outstanding stocks:

   Six months ended September 30, 2014      14,164,063,621 shares   
   Six months ended September 30, 2013      14,158,129,336 shares   

(Reference) Summary of non-consolidated financial data

1. Non-consolidated Financial Data for the Six Months ended September 30, 2014

(1) Results of Operations

 

     (% represents the change from the same period in the previous fiscal year)  
     Operating Income      Operating Profits      Ordinary Profits      Net Income  
Six months ended    million yen      %      million yen      %      million yen      %      million yen      %  

September 30, 2014

     247,952         114.8        236,988         122.7        230,411         131.2        230,901         132.5  

September 30, 2013

     115,445         6.5        106,401         6.5        99,678         7.7        99,332         7.1  

 

     Net Income
per Common Stock
 
Six months ended    yen  

September 30, 2014

     16.30  

September 30, 2013

     6.38  

(2) Financial Conditions

 

     Total Assets      Total Net Assets      Net Assets Ratio  
As of    million yen      million yen      %  

September 30, 2014

     10,600,209         8,304,813         78.3  

March 31, 2014

     10,932,276         8,623,215        78.8  

(Reference) Shareholders’ equity as of        September 30, 2014: 8,296,906 million yen;        March 31, 2014: 8,614,482 million yen

* Disclosure regarding the execution of the interim audit process

This “Consolidated Summary Report” (Quarterly “Tanshin”) is outside the scope of the external auditor’s interim audit procedure which is required by “Financial Instruments and Exchange Act”. Therefore, the interim audit process has not been completed as of this disclosure in the “Consolidated Summary Report”.

* Notes for using forecasted information etc.

 

1. This financial summary report contains forward-looking statements regarding estimations, forecasts, targets and plans in relation to the results of operations, financial conditions and other overall management of the company and/or the group as a whole (the “forward- looking statements”). The forward-looking statements are made based upon, among other things, the company’s current estimations, perceptions and evaluations. In addition, in order for the company to adopt such estimations, forecasts, targets and plans regarding future events, certain assumptions have been made. Accordingly, due to various risks and uncertainties, the statements and assumptions are inherently not guarantees of future performance, may be considered differently from alternative perspectives and may result in material differences from the actual result. For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced.

 

2. The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan (“Japanese GAAP”). Differences exist between Japanese GAAP and the accounting principles generally accepted in the United States (“U.S. GAAP”) in certain material respects. Such differences have resulted in the past, and are expected to continue to result for this period and future periods, in amounts for certain financial statement line items under U.S. GAAP to differ significantly from the amounts under Japanese GAAP. For example, differences in consolidation basis or accounting for business combinations, including but not limited to amortization and impairment of goodwill, could result in significant differences in our reported financial results between Japanese GAAP and U.S. GAAP. Readers should consult their own professional advisors for an understanding of the differences between Japanese GAAP and U.S. GAAP and how those differences might affect our reported financial results. We will publish U.S. GAAP financial results in a separate disclosure document when such information becomes available.


Mitsubishi UFJ Financial Group, Inc.

 

(Appendix)

Contents of Appendix

 

1.      Qualitative Information Pertaining to Consolidated Earnings and others for the Six Months ended September 30, 2014

     2   

(1)    Qualitative Information Pertaining to Consolidated Earnings Target

     2   

2.      Information Regarding “Notes” in Consolidated Summary Report

     3   

(1)    Changes in Accounting Policies, Changes in Accounting Estimates and Restatements

     3   

3.      Consolidated Financial Statements

     5   

(1)    Consolidated Balance Sheets

     5   

(2)    Consolidated Statements of Income and Consolidated Statements of Comprehensive Income

     7   

(3)    Consolidated Statements of Changes in Net Assets

     9   

(4)    Notes on Going-Concern Assumption

     11   

4.      Non-consolidated Financial Statements

     12   

(1)    Non-consolidated Balance Sheets

     12   

(2)    Non-consolidated Statements of Income

     13   

(3)    Non-consolidated Statements of Changes in Net Assets

     14   

(4)    Notes on Going-Concern Assumption

     16   

Supplemental Information:

“Selected Financial Information under Japanese GAAP for the Six Months Ended September 30, 2014”

 

(*) The following is the schedule of internet conference and explanation for investors and analysts. You can confirm those contents over the internet. Materials distributed for those will be uploaded in our homepage soon after the internet conference or the explanation is held.

 

Internet Conference:   November 14, 2014 (Friday)  
Explanation for investors and analysts:   November 21, 2014 (Friday)  

 

1


Mitsubishi UFJ Financial Group, Inc.

 

1. Qualitative Information Pertaining to Consolidated Earnings and others for the Six Months ended September 30, 2014

(1) Qualitative Information Pertaining to Consolidated Earnings Target

MUFG has the target of 950.0 billion yen of consolidated net income for the fiscal year ending March 31, 2015. (There is no change to our earnings target released on May 14, 2014.)

As for other figures released on May 14, 2014, MUFG has revised some of them taking into account the performance of interim results as shown in the following table.

(MUFG is engaged in financial service businesses such as banking business, trust banking business, securities business and credit card/loan businesses. Because there are various uncertainties caused by economic situation, market environments and other factors in these businesses, MUFG discloses a target of its consolidated net income instead of a forecast of its performance.)

[Reference]

MUFG Consolidated

 

(in billions of Japanese yen)    For the fiscal year
ending
March 31, 2015
     For the six months
ended
September 30, 2014
(Results)
     For the fiscal year
ended
March 31, 2014
(Results)
     For the six months
ended
September 30,  2013
(Results)
 

Total credit costs

     0.0         41.1         11.8         25.7   

Ordinary profits

     1,670.0         949.8         1,694.8         850.4   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income (loss)

     950.0         578.7         984.8         530.2   
  

 

 

    

 

 

    

 

 

    

 

 

 
<2 Banks on a stand-alone basis>   

The Bank of Tokyo-Mitsubishi UFJ, Ltd.

           

Net business profits
before provision for general allowance for credit losses

     920.0         490.6         855.9         417.9   

Total credit costs

     60.0         66.9         17.0         27.8   

Ordinary profits (losses)

     960.0         547.2         1,002.1         455.1   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income (loss)

     570.0         354.4         650.2         269.9   
  

 

 

    

 

 

    

 

 

    

 

 

 

Mitsubishi UFJ Trust and Banking Corporation

           

Net business profits
before credit costs for trust accounts and provision for general allowance for credit losses

     180.0         88.9         162.9         71.6   

Total credit costs

     5.0         9.3         18.0         16.6   

Ordinary profits (losses)

     185.0         110.1         195.0         87.1   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income (loss)

     115.0         73.3         136.3         62.6   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

2


Mitsubishi UFJ Financial Group, Inc.

 

2. Information Regarding “Notes” in Consolidated Summary Report

 

(1) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements

(Changes in Accounting Policies due to revision of Accounting Standards)

(Accounting Standards regarding Retirement Benefits)

The main clause of Article 35 of the “Accounting Standard for Retirement Benefits” (ASBJ Statement No. 26 issued on May 17, 2012, hereinafter “Retirement Benefits Accounting Standard”) and the main clause of Article 67 of the “Guidance on Accounting Standard for Retirement Benefits” (ASBJ Guidance No. 25 issued on May 17, 2012, hereinafter “Retirement Benefits Guidance”) were adopted from the interim reporting period ended September 30, 2014. Accordingly, the calculation methods of retirement benefit obligation and service cost were changed. Specifically, the method of determining the portion of projected benefit obligation attributed to periods was changed from the straight-line method to the benefit formula basis. In addition, the method of determining the discount rates applied in the calculation of projected benefit obligation was changed from the method using the average period up to estimated benefit payment date to the method using the single weighted average discount rate that reflects the estimated period and amount of benefit payment in each period.

The Retirement Benefits Accounting Standard and other standards were applied in accordance with the transitional treatment set forth in Article 37 of the Retirement Benefits Accounting Standard, and the effect of the change in calculation methods of retirement benefit obligation and service cost were added to or deducted from retained earnings as of April 1, 2014.

As a result, net defined benefit asset decreased by ¥58,569 million, net defined benefit liability decreased by ¥1,594 million, and retained earnings decreased by ¥37,224 million as of April 1, 2014. In addition, both ordinary profits and income before income taxes and others for the six months ended September 30, 2014 increased by ¥821 million, respectively.

 

3


Mitsubishi UFJ Financial Group, Inc.

 

(Accounting Standards regarding Business Combinations)

As the “Revised Accounting Standard for Business Combinations (ASBJ Statement No. 21 issued on September 13, 2013, hereinafter “Business Combinations Accounting Standard”), “Revised Accounting Standard for Consolidated Financial Statements (ASBJ Statement No. 22 issued on September 13, 2013, hereinafter “Consolidation Accounting Standard”), “Revised Accounting Standard for Business Divestitures” (ASBJ Statement No. 7 issued on September 13, 2013, hereinafter “Business Divestitures Accounting Standard”) and other standards became applicable from the fiscal year beginning on or after April 1, 2014, these standards were adopted from the interim reporting period ended September 30, 2014 (with the exception of Article 39 of the Consolidation Accounting Standard). Accordingly, the accounting method was changed to record the difference arising from changes in equity in subsidiaries which MUFG continues to control as capital surplus, and to record business acquisition costs as expenses for the fiscal year in which they occurred. In addition, regarding business combinations which became or will become effective on or after April 1, 2014, the accounting method was changed to retroactively reflect adjustments to the amount allocated to acquisition cost under provisional accounting treatment on the consolidated financial statements of the interim reporting period in which the relevant business combinations became or will become effective.

The Business Combinations Accounting Standard and other standards were applied in accordance with the transitional treatment set forth in Article 58-2 (3) of the Business Combinations Accounting Standard, Article 44-5 (3) of the Consolidation Accounting Standard and Article 57-4 (3) of the Business Divestitures Accounting Standard. The cumulative effects arising from the retroactive application of these new accounting policies to all the previous fiscal years were added to or deducted from capital surplus and retained earnings as of April 1, 2014.

As a result, goodwill decreased by ¥266,925 million, capital surplus decreased by ¥346,454 million, and retained earnings increased by ¥95,134 million as of April 1, 2014. In addition, both ordinary profits and income before income taxes and others for the six months ended September 30, 2014 increased by ¥8,529 million, respectively.

 

4


Mitsubishi UFJ Financial Group, Inc.

 

3. Consolidated Financial Statements

 

(1) Consolidated Balance Sheets

 

(in millions of yen)    As of
March 31,  2014
    As of
September 30, 2014
 

Assets:

    

Cash and due from banks

     23,969,883        31,714,834   

Call loans and bills bought

     826,851        551,929   

Receivables under resale agreements

     7,237,125        6,283,051   

Receivables under securities borrowing transactions

     4,181,660        4,309,158   

Monetary claims bought

     3,972,145        4,176,581   

Trading assets

     19,055,354        17,428,975   

Money held in trust

     583,692        674,774   

Securities

     74,515,573        73,179,318   

Loans and bills discounted

     101,938,907        102,571,087   

Foreign exchanges

     2,040,406        2,259,661   

Other assets

     8,809,286        9,906,313   

Tangible fixed assets

     1,540,031        1,552,728   

Intangible fixed assets

     1,483,352        1,204,280   

Net defined benefit assets

     460,836        433,641   

Deferred tax assets

     130,654        85,707   

Customers’ liabilities for acceptances and guarantees

     8,324,668        8,967,450   

Allowance for credit losses

     (938,483     (841,306
  

 

 

   

 

 

 

Total assets

     258,131,946        264,458,187   
  

 

 

   

 

 

 

Liabilities:

    

Deposits

     144,760,294        144,135,867   

Negotiable certificates of deposit

     15,548,170        16,983,809   

Call money and bills sold

     3,465,414        4,078,274   

Payables under repurchase agreements

     21,626,590        18,679,726   

Payables under securities lending transactions

     5,534,643        7,053,970   

Commercial papers

     1,473,631        1,856,537   

Trading liabilities

     13,964,961        14,166,285   

Borrowed money

     10,828,601        12,603,521   

Foreign exchanges

     1,109,198        1,198,510   

Short-term bonds payable

     435,808        617,503   

Bonds payable

     7,165,577        7,628,496   

Due to trust accounts

     1,945,151        2,492,403   

Other liabilities

     5,965,086        7,498,875   

Reserve for bonuses

     78,987        67,290   

Reserve for bonuses to directors

     627        172   

Net defined benefit liabilities

     51,651        48,331   

Reserve for retirement benefits to directors

     1,201        960   

Reserve for loyalty award credits

     13,541        15,016   

Reserve for contingent losses

     247,351        223,124   

Reserves under special laws

     2,853        3,273   

Deferred tax liabilities

     320,014        641,157   

Deferred tax liabilities for land revaluation

     155,026        154,564   

Acceptances and guarantees

     8,324,668        8,967,450   
  

 

 

   

 

 

 

Total liabilities

     243,019,051        249,115,126   
  

 

 

   

 

 

 

 

5


Mitsubishi UFJ Financial Group, Inc.

 

(in millions of yen)   As of
March 31, 2014
    As of
September 30, 2014
 

Net assets:

   

Capital stock

    2,140,488        2,141,449   

Capital surplus

    2,174,384        1,439,477   

Retained earnings

    7,033,125        7,531,092   

Treasury stock

    (1,699     (1,714
 

 

 

   

 

 

 

Total shareholders’ equity

    11,346,299        11,110,304   
 

 

 

   

 

 

 

Net unrealized gains (losses) on other securities

    1,218,397        1,829,793   

Net deferred gains (losses) on hedging instruments

    8,295        73,028   

Land revaluation excess

    157,776        159,991   

Foreign currency translation adjustments

    407,229        254,220   

Remeasurements of defined benefit plans

    (81,937     (73,832
 

 

 

   

 

 

 

Total accumulated other comprehensive income

    1,709,760        2,243,201   
 

 

 

   

 

 

 

Subscription rights to shares

    8,732        7,906   

Minority interests

    2,048,101        1,981,648   
 

 

 

   

 

 

 

Total net assets

    15,112,895        15,343,060   
 

 

 

   

 

 

 

Total liabilities and net assets

    258,131,946        264,458,187   
 

 

 

   

 

 

 

 

6


Mitsubishi UFJ Financial Group, Inc.

 

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income

Consolidated Statements of Income

 

(in millions of yen)    For the six months
ended
September 30, 2013
     For the six months
ended
September 30, 2014
 

Ordinary income

     2,583,258         2,761,541   

Interest income

     1,138,726         1,323,557   

Interest on loans and bills discounted

     777,686         859,679   

Interest and dividends on securities

     270,514         296,355   

Trust fees

     53,031         54,145   

Fees and commissions

     657,532         702,157   

Trading income

     179,783         144,820   

Other business income

     283,620         241,648   

Other ordinary income

     270,563         295,212   

Ordinary expenses

     1,732,819         1,811,648   

Interest expenses

     230,089         287,828   

Interest on deposits

     91,655         133,687   

Fees and commissions

     92,878         94,502   

Trading expenses

     1,544         —     

Other business expenses

     143,435         70,669   

General and administrative expenses

     1,139,034         1,252,344   

Other ordinary expenses

     125,836         106,304   
  

 

 

    

 

 

 

Ordinary profits

     850,439         949,892   
  

 

 

    

 

 

 

Extraordinary gains

     5,674         10,300   

Gains on disposition of fixed assets

     5,674         1,141   

Gains on change in equity

     —           9,159   

Extraordinary losses

     33,386         79,271   

Losses on disposition of fixed assets

     4,009         4,012   

Losses on impairment of fixed assets

     2,348         3,789   

Provision for reserve for contingent liabilities from financial instruments transactions

     319         419   

Provision for reserve for contingent losses

     —           34,477   

Losses on change in equity

     —           33,291   

Losses on sales of equity securities of subsidiaries

     2,170         3,280   

Settlement package

     24,537         —     
  

 

 

    

 

 

 

Income before income taxes and others

     822,727         880,922   
  

 

 

    

 

 

 

Income taxes-current

     165,822         184,924   

Income taxes-deferred

     46,369         57,617   
  

 

 

    

 

 

 

Total taxes

     212,192         242,542   
  

 

 

    

 

 

 

Income before minority interests

     610,535         638,380   
  

 

 

    

 

 

 

Minority interests

     80,330         59,664   
  

 

 

    

 

 

 

Net income

     530,204         578,716   
  

 

 

    

 

 

 

 

7


Mitsubishi UFJ Financial Group, Inc.

 

Consolidated Statements of Comprehensive Income

 

(in millions of yen)    For the six months
ended
September 30, 2013
    For the six months
ended
September 30, 2014
 

Income before minority interests

     610,535        638,380   

Other comprehensive income

    

Net unrealized gains (losses) on other securities

     (21,571     591,559   

Net deferred gains (losses) on hedging instruments

     (18,055     64,788   

Land revaluation excess

     (110     —     

Foreign currency translation adjustments

     206,415        (73,777

Pension liability adjustments of subsidiaries preparing financial statements under US GAAP

     (5,645     —     

Remeasurements of defined benefit plans

     —          7,468   

Share of other comprehensive income of associates accounted for using equity method

     148,274        (64,481
  

 

 

   

 

 

 

Total other comprehensive income

     309,307        525,556   
  

 

 

   

 

 

 

Comprehensive income

     919,842        1,163,937   
  

 

 

   

 

 

 

(Comprehensive income attributable to)

    

Comprehensive income attributable to owners of the parent

     837,194        1,110,313   

Comprehensive income attributable to minority interests

     82,648        53,623   

 

8


Mitsubishi UFJ Financial Group, Inc.

 

(3) Consolidated Statements of Changes in Net Assets

For the six months ended September 30, 2013

 

    (in millions of yen)  
    Shareholders’ equity     Accumulated other comprehensive income  
    Capital stock     Capital surplus     Retained earnings     Treasury stock     Total shareholders’
equity
    Net unrealized gains
(losses) on other
securities
    Net deferred gains
(losses) on hedging
instruments
 

Balance at the beginning of the period

    2,139,378        2,172,930        6,267,976        (1,929     10,578,356        1,207,963        45,146  

Changes during the period

             

Issuance of new shares-exercise of subscription rights to shares

    1,042        1,040            2,083       

Dividends from retained earnings

        (108,072       (108,072    

Net income

        530,204          530,204       

Repurchase of treasury stock

          (20     (20    

Disposal of treasury stock

      (55       272        217       

Reversal of land revaluation excess

        1,444          1,444       

Changes in foreign affiliates’ interests in their subsidiaries

        (3,282       (3,282    

Net changes of items other than shareholders’ equity

              (29,379 )     (17,343 )
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    1,042        985        420,293        251        422,573        (29,379     (17,343 )
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    2,140,421        2,173,915        6,688,270        (1,677     11,000,929        1,178,584        27,802  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

    (in millions of yen)  
    Accumulated other comprehensive income                    
    Land
revaluation
excess
    Foreign currency
translation
adjustments
    Pension liability
adjustments of
subsidiaries
preparing financial
statements  under
US GAAP
    Remeasurements
of  defined
benefit plans
    Total accumulated
other comprehensive
income
    Subscription
rights to
shares
    Minority
interests
    Total
net assets
 

Balance at the beginning of the period

    159,952        (195,421     (59,379     —          1,158,261        8,884        1,774,153        13,519,655   

Changes during the period

               

Issuance of new shares-exercise of subscription rights to shares

                  2,083   

Dividends from retained earnings

                  (108,072

Net income

                  530,204   

Repurchase of treasury stock

                  (20

Disposal of treasury stock

                  217   

Reversal of land revaluation excess

                  1,444   

Changes in foreign affiliates’ interests in their subsidiaries

                  (3,282

Net changes of items other than shareholders’ equity

    (1,554     359,128        (5,306     —          305,545        (484     81,103        386,163   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    (1,554     359,128        (5,306     —          305,545        (484     81,103        808,736   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    158,397        163,706        (64,685     —          1,463,806        8,399        1,855,256        14,328,392   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

 

9


Mitsubishi UFJ Financial Group, Inc.

 

For the six months ended September 30, 2014

 

    (in millions of yen)  
    Shareholders’ equity     Accumulated other comprehensive income  
    Capital stock     Capital surplus     Retained earnings     Treasury stock     Total shareholders’
equity
    Net unrealized gains
(losses) on other
securities
    Net deferred gains
(losses) on hedging
instruments
 

Balance at the beginning of the period

    2,140,488        2,174,384        7,033,125        (1,699     11,346,299        1,218,397        8,295  

Cumulative effects of changes in accounting policies

      (346,454     57,909          (288,545    

Restated balance

    2,140,488        1,827,929        7,091,035        (1,699     11,057,754        1,218,397        8,295  

Changes during the period

             

Issuance of new shares-exercise of subscription rights to shares

    960        959            1,920       

Dividends from retained earnings

        (136,444       (136,444    

Net income

        578,716          578,716       

Repurchase of treasury stock

          (390,017     (390,017    

Disposal of treasury stock

      0          1        1       

Retirement of treasury stock

      (390,000       390,000        —         

Reversal of land revaluation excess

        (2,215       (2,215    

Changes in subsidiaries’ equity

      588            588       

Net changes of items other than shareholders’ equity

              611,395       64,732  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    960        (388,452     440,056        (15     52,549        611,395        64,732  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    2,141,449        1,439,477        7,531,092        (1,714     11,110,304        1,829,793        73,028  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

   

(in millions of yen)

 
    Accumulated other comprehensive income              
    Land
revaluation
excess
    Foreign currency
translation
adjustments
    Pension liability
adjustments of
subsidiaries
preparing financial
statements under
US GAAP
    Remeasurements
of defined
benefit plans
    Total accumulated
other comprehensive
income
    Subscription
rights to
shares
    Minority
interests
    Total
net assets
 

Balance at the beginning of the period

    157,776        407,229        —          (81,937     1,709,760        8,732        2,048,101        15,112,895   

Cumulative effects of changes in accounting policies

      (219       (152     (371       (14,360     (303,277

Restated balance

    157,776        407,010        —          (82,090     1,709,388        8,732        2,033,741        14,809,617   

Changes during the period

               

Issuance of new shares-exercise of subscription rights to shares

                  1,920   

Dividends from retained earnings

                  (136,444

Net income

                  578,716   

Repurchase of treasury stock

                  (390,017

Disposal of treasury stock

                  1   

Retirement of treasury stock

                  —     

Reversal of land revaluation excess

                  (2,215

Changes in subsidiaries’ equity

                  588   

Net changes of items other than shareholders’ equity

    2,215        (152,789     —          8,258        533,812        (825     (52,092     480,893   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    2,215        (152,789     —          8,258        533,812        (825     (52,092     533,443   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    159,991        254,220        —          (73,832     2,243,201        7,906        1,981,648        15,343,060   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

10


Mitsubishi UFJ Financial Group, Inc.

 

(4) Notes on Going-Concern Assumption

Not applicable

 

11


Mitsubishi UFJ Financial Group, Inc.

 

4. Non-consolidated Financial Statements

 

(1) Non-consolidated Balance Sheets

 

(in millions of yen)    As of
March 31, 2014
    As of
September 30, 2014
 

Assets:

    

Current assets:

    

Cash and due from banks

     19,037        18,817   

Securities

     111,300        93,200   

Others

     71,743        87,736   
  

 

 

   

 

 

 

Total current assets

     202,081        199,754   
  

 

 

   

 

 

 

Fixed assets:

    

Tangible fixed assets

     279        355   

Intangible fixed assets

     4,923        6,659   

Investments and other assets

     10,724,991        10,393,439   

Investments in subsidiaries and affiliates

     10,706,842        10,316,842   

Others

     18,149        76,597   
  

 

 

   

 

 

 

Total fixed assets

     10,730,194        10,400,454   
  

 

 

   

 

 

 

Total assets

     10,932,276        10,600,209   
  

 

 

   

 

 

 

Liabilities:

    

Current liabilities:

    

Short-term borrowings

     1,917,647        1,838,546   

Lease liabilities

     21        21   

Income taxes payable

     104        3,753   

Reserve for bonuses and reserve for bonuses to directors

     441        392   

Others

     6,323        18,154   
  

 

 

   

 

 

 

Total current liabilities

     1,924,538        1,860,867   
  

 

 

   

 

 

 

Fixed liabilities:

    

Bonds payable

     380,500        430,500   

Long-term borrowings

     3,945        3,969   

Lease liabilities

     56        47   

Others

     20        11   
  

 

 

   

 

 

 

Total fixed liabilities

     384,522        434,528   
  

 

 

   

 

 

 

Total liabilities

     2,309,060        2,295,396   
  

 

 

   

 

 

 

Net assets:

    

Shareholders’ equity:

    

Capital stock

     2,140,488        2,141,449   

Capital surplus:

    

Capital reserve

     2,140,501        2,141,460   

Other capital surplus

     1,860,006        1,470,006   
  

 

 

   

 

 

 

Total capital surplus

     4,000,507        3,611,466   
  

 

 

   

 

 

 

Retained earnings:

    

Other retained earnings:

    

Other reserve

     150,000        150,000   

Earned surplus brought forward

     2,392,816        2,487,273   
  

 

 

   

 

 

 

Total retained earnings

     2,542,816        2,637,273   
  

 

 

   

 

 

 

Treasury stock

     (105     (121
  

 

 

   

 

 

 

Total shareholders’ equity

     8,683,707        8,390,068   
  

 

 

   

 

 

 

Valuation and translation adjustments:

    

Net deferred gains (losses) on hedging instruments

     (69,224     (93,162
  

 

 

   

 

 

 

Total valuation and translation adjustments

     (69,224     (93,162
  

 

 

   

 

 

 

Subscription rights to shares

     8,732        7,906   
  

 

 

   

 

 

 

Total net assets

     8,623,215        8,304,813   
  

 

 

   

 

 

 

Total liabilities and net assets

     10,932,276        10,600,209   
  

 

 

   

 

 

 

 

12


Mitsubishi UFJ Financial Group, Inc.

 

(2) Non-consolidated Statements of Income

 

(in millions of yen)    For the six months
ended
September 30, 2013
     For the six months
ended
September 30, 2014
 

Operating income

     115,445         247,952   

Operating expenses

     9,043         10,963   
  

 

 

    

 

 

 

Operating profits

     106,401         236,988   
  

 

 

    

 

 

 

Non-operating income

     7,948         8,143   

Non-operating expenses

     14,671         14,719   
  

 

 

    

 

 

 

Ordinary profits

     99,678         230,411   
  

 

 

    

 

 

 

Extraordinary gains

     —           —     

Extraordinary losses

     0         3   
  

 

 

    

 

 

 

Income before income taxes

     99,678         230,408   
  

 

 

    

 

 

 

Income taxes-current

     345         (16,143

Income taxes-deferred

     —           15,649   
  

 

 

    

 

 

 

Total taxes

     345         (493
  

 

 

    

 

 

 

Net income

     99,332         230,901   
  

 

 

    

 

 

 

 

13


Mitsubishi UFJ Financial Group, Inc.

 

(3) Non-consolidated Statements of Changes in Net Assets

For the six months ended September 30, 2013

 

    (in millions of yen)  
    Shareholders’ equity  
    Capital stock     Capital surplus     Retained earnings  
      Capital reserve     Other capital surplus     Other retained earnings  
          Other reserve     Earned surplus
brought forward
 

Balance at the beginning of the period

    2,139,378        2,139,392        1,860,006        150,000        2,367,278   

Changes during the period

         

Issuance of new shares-exercise of subscription rights to shares

    1,042        1,040         

Dividends from retained earnings

            (108,079

Net income

            99,332   

Repurchase of treasury stock

         

Disposal of treasury stock

        0       

Net changes of items other than shareholders’ equity

         
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    1,042        1,040        0        —          (8,746
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    2,140,421        2,140,433        1,860,006        150,000        2,358,532   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    (in millions of yen)  
    Shareholders’ equity     Valuation and
translation
adjustments
    Subscription rights
to shares
    Total net assets  
    Treasury stock     Total shareholders’
equity
    Net deferred gains
(losses) on hedging
instruments
     

Balance at the beginning of the period

    (61     8,655,995        (50,026     8,884        8,614,853   

Changes during the period

         

Issuance of new shares-exercise of subscription rights to shares

      2,083            2,083   

Dividends from retained earnings

      (108,079         (108,079

Net income

      99,332            99,332   

Repurchase of treasury stock

    (20     (20         (20

Disposal of treasury stock

    0        1            1   

Net changes of items other than shareholders’ equity

        (18,483     (484     (18,968
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    (19     (6,682     (18,483     (484     (25,650
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    (81     8,649,313        (68,510     8,399        8,589,202   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

14


Mitsubishi UFJ Financial Group, Inc.

 

For the six months ended September 30, 2014

 

    (in millions of yen)  
    Shareholders’ equity  
          Capital surplus     Retained earnings  
    Capital stock     Capital reserve     Other capital surplus     Other retained earnings  
          Other reserve     Earned surplus
brought forward
 

Balance at the beginning of the period

    2,140,488        2,140,501        1,860,006        150,000        2,392,816   

Changes during the period

         

Issuance of new shares-exercise of subscription rights to shares

    960        959         

Dividends from retained earnings

            (136,444

Net income

            230,901   

Repurchase of treasury stock

         

Disposal of treasury stock

        0       

Retirement of treasury stock

        (390,000    

Net changes of items other than shareholders’ equity

         
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    960        959        (390,000     —          94,457   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    2,141,449        2,141,460        1,470,006        150,000        2,487,273   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    (in millions of yen)  
    Shareholders’ equity     Valuation and
translation
adjustments
             
    Treasury stock     Total shareholders’
equity
    Net deferred gains
(losses) on hedging
instruments
    Subscription rights
to shares
    Total net assets  

Balance at the beginning of the period

    (105     8,683,707        (69,224     8,732        8,623,215   

Changes during the period

         

Issuance of new shares-exercise of subscription rights to shares

      1,920            1,920   

Dividends from retained earnings

      (136,444         (136,444

Net income

      230,901            230,901   

Repurchase of treasury stock

    (390,017     (390,017         (390,017

Disposal of treasury stock

    1        1            1   

Retirement of treasury stock

    390,000        —              —     

Net changes of items other than shareholders’ equity

        (23,937     (825     (24,763
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total changes during the period

    (15     (293,638     (23,937     (825     (318,402
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at the end of the period

    (121     8,390,068        (93,162     7,906        8,304,813   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

15


Mitsubishi UFJ Financial Group, Inc.

 

(4) Notes on Going-Concern Assumption

Not applicable

 

16


 

 

Selected Financial Information

under Japanese GAAP

For the Six Months Ended September 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Mitsubishi UFJ Financial Group, Inc.

      LOGO         


Mitsubishi UFJ Financial Group, Inc.

[Contents]

 

1. Financial Results

   [ MUFG Consolidated ]*1
[ BTMU and MUTB Combined ]*2*3*4
     ——        1   
   [ BTMU Consolidated ][ BTMU Non-consolidated ]      
   [ MUTB Consolidated ][ MUTB Non-consolidated ]      

2. Average Interest Rate Spread

   [ BTMU Non-consolidated ][ MUTB Non-consolidated ] [ BTMU and MUTB Combined ]      ——        7   

3. Notional Principal by the Remaining Life of the Interest Rate Swaps for Hedge-Accounting

  

[ MUFG Consolidated ][ BTMU Consolidated ]

[ MUTB Consolidated ]

     ——        8   

4. Securities

  

[ MUFG Consolidated ]

[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

     ——        9   

5. ROE

   [ MUFG Consolidated ]      ——        12   

6. Risk-Adjusted Capital Ratio

   [ MUFG Consolidated ][ BTMU Consolidated ]
[ MUTB Consolidated ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]
     ——        13   

7. Risk-Monitored Loans

  

[ MUFG Consolidated ]

[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

[ MUTB Non-consolidated : Trust Account ]

     ——        14   

8. Non Performing Loans Based on the Financial Reconstruction Law (the “FRL”)

  

[ BTMU and MUTB Combined including Trust Account ]

[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

[ MUTB Non-consolidated : Trust Account ]

     ——        18   

9. Progress in Disposition of Problem Assets

  

[ BTMU Non-consolidated ]

[ MUTB Non-consolidated including Trust Account ]

     ——        23   

10. Loans Classified by Type of Industry, Domestic Consumer Loans, Domestic Loans to Small/Medium-Sized Companies and Proprietors

  

[ BTMU and MUTB Combined including Trust Accounts ]

[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

[ MUTB Non-consolidated : Trust Accounts ]

     ——        25   

11. Overseas Loans

   [ BTMU and MUTB Combined ]      ——        29   

12. Loans and Deposits

  

[ BTMU and MUTB Combined ]

[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

     ——        30   

13. Domestic Deposits

  

[ BTMU and MUTB Combined ]

[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

     ——        31   

14. Status of Deferred Tax Assets

   [ BTMU Non-consolidated ][ MUTB Non-consolidated ]      ——        32   

(References)

        

1. Exposure to “Securitized Products and Related Investments”

     ——        34   

2. Financial Statements

   [ BTMU Non-consolidated ][ MUTB Non-consolidated ]      ——        36   

 

(*1) “MUFG” means Mitsubishi UFJ Financial Group, Inc.
(*2) “BTMU” means The Bank of Tokyo-Mitsubishi UFJ, Ltd.
(*3) “MUTB” means Mitsubishi UFJ Trust and Banking Corporation.
(*4) “BTMU and MUTB Combined” means simple sum of “BTMU” and “MUTB” without consolidation processes.


Mitsubishi UFJ Financial Group, Inc.

 

1. Financial Results

MUFG Consolidated

 

     (in millions of yen)  
     For the six months ended     Increase
(Decrease)
(A) - (B)
 
     September 30, 2014
(A)
    September 30, 2013
(B)
   

Gross profits

     2,013,397        1,844,798        168,598   

Gross profits before credit costs for trust accounts

     2,012,926        1,845,263        167,662   

Net interest income

     1,035,797        908,689        127,108   

Trust fees

     54,145        53,031        1,114   

Credit costs for trust accounts (1)

     471        (465     936   

Net fees and commissions

     607,655        564,653        43,001   

Net trading profits

     144,820        178,238        (33,418

Net other business profits

     170,978        140,185        30,792   

Net gains (losses) on debt securities

     89,302        77,093        12,209   

General and administrative expenses

     1,235,563        1,120,251        115,311   

Amortization of goodwill

     7,544        17,042        (9,498

Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill

     784,907        742,055        42,852   

Net business profits before credit costs for trust accounts and provision for general allowance for credit losses

     777,363        725,012        52,350   

Provision for general allowance for credit losses (2)

     —          —          —     

Net business profits*

     777,834        724,547        53,286   

Net non-recurring gains (losses)

     172,058        125,891        46,166   

Credit costs (3)

     (72,105     (71,424     (680

Losses on loan write-offs

     (57,215     (67,248     10,032   

Provision for specific allowance for credit losses

     —          —          —     

Other credit costs

     (14,889     (4,176     (10,713

Reversal of allowance for credit losses (4)

     80,655        68,738        11,916   

Reversal of reserve for contingent losses included in credit costs (5)

     4,484        2,497        1,986   

Gains on loans written-off (6)

     27,670        26,383        1,286   

Net gains (losses) on equity securities

     22,904        43,448        (20,544

Gains on sales of equity securities

     31,998        61,854        (29,856

Losses on sales of equity securities

     (6,478     (7,587     1,108   

Losses on write-down of equity securities

     (2,615     (10,818     8,203   

Profits (losses) from investments in affiliates

     103,934        68,693        35,241   

Other non-recurring gains (losses)

     4,514        (12,445     16,960   
  

 

 

   

 

 

   

 

 

 

Ordinary profits

     949,892        850,439        99,453   
  

 

 

   

 

 

   

 

 

 

Net extraordinary gains (losses)

     (68,970     (27,711     (41,258

Net gains (losses) on change in equity

     (24,132     —          (24,132

Provision for reserve for contingent losses

     (34,477     —          (34,477

Settlement package

     —          (24,537     24,537   

Income before income taxes and others

     880,922        822,727        58,195   

Income taxes-current

     184,924        165,822        19,101   

Income taxes-deferred

     57,617        46,369        11,248   

Total taxes

     242,542        212,192        30,349   

Income before minority interests

     638,380        610,535        27,845   

Minority interests

     59,664        80,330        (20,666
  

 

 

   

 

 

   

 

 

 

Net income

     578,716        530,204        48,511   
  

 

 

   

 

 

   

 

 

 

Note:

      

* Net business profits = Banking subsidiaries’ net business profits + Other consolidated entities’ gross profits - Other consolidated entities’ general and administrative expenses - Other consolidated entities’ provision for general allowance for credit losses - Amortization of goodwill - Inter-company transactions

     

(Reference)       

Total credit costs (1)+(2)+(3)+(4)+(5)+(6)

     41,175        25,730        15,445   

Number of consolidated subsidiaries

     255        249        6   

Number of affiliated companies accounted for under the equity method

     64        61        3   

 

1


Mitsubishi UFJ Financial Group, Inc.

 

BTMU and MUTB Combined

 

     (in millions of yen)  
     For the fiscal year ended     Increase
(Decrease)
(A) - (B)
 
     September 30, 2014
(A)
    September 30, 2013
(B)
   

Gross profits

     1,259,728        1,125,552        134,175   

Gross profits before credit costs for trust accounts

     1,259,257        1,126,017        133,239   

Domestic gross profits

     688,965        680,645        8,320   

Net interest income

     389,695        407,214        (17,518

Trust fees

     42,402        39,093        3,308   

Credit costs for trust accounts (1)

     471        (465     936   

Net fees and commissions

     200,171        185,435        14,736   

Net trading profits

     14,873        3,773        11,099   

Net other business profits

     41,822        45,127        (3,305

Net gains (losses) on debt securities

     42,341        33,343        8,997   

Non-domestic gross profits

     570,762        444,907        125,855   

Net interest income

     318,761        227,756        91,004   

Net fees and commissions

     92,237        87,809        4,428   

Net trading profits

     57,744        50,399        7,345   

Net other business profits

     102,018        78,941        23,077   

Net gains (losses) on debt securities

     47,638        33,737        13,900   

General and administrative expenses

     679,690        636,425        43,265   

Personnel expenses

     273,795        257,036        16,759   

Non-personnel expenses

     367,723        348,952        18,771   

Taxes

     38,171        30,437        7,734   

Net business profits before credit costs for trust accounts and provision for general allowance for credit losses

     579,566        489,591        89,974   

Provision for general allowance for credit losses (2)

     —          —          —     

Net business profits

     580,037        489,126        90,910   

Net non-recurring gains (losses)

     77,381        53,192        24,188   

Credit costs (3)

     (31,710     (37,010     5,299   

Losses on loan write-offs

     (15,953     (33,033     17,080   

Provision for specific allowance for credit losses

     —          —          —     

Other credit costs

     (15,757     (3,976     (11,780

Reversal of allowance for credit losses (4)

     95,470        65,269        30,201   

Reversal of reserve for contingent losses included in credit costs (5)

     5,908        4,732        1,175   

Gains on loans written-off (6)

     6,160        11,944        (5,783

Net gains (losses) on equity securities

     8,037        19,036        (10,998

Gains on sales of equity securities

     18,884        51,259        (32,374

Losses on sales of equity securities

     (6,232     (5,069     (1,163

Losses on write-down of equity securities

     (4,613     (27,152     22,538   

Other non-recurring gains (losses)

     (6,486     (10,780     4,294   
  

 

 

   

 

 

   

 

 

 

Ordinary profits

     657,418        542,319        115,099   
  

 

 

   

 

 

   

 

 

 

Net extraordinary gains (losses)

     (40,816     (24,784     (16,032

Net gains (losses) on disposition of fixed assets

     (2,937     479        (3,416

Losses on impairment of fixed assets

     (3,402     (1,885     (1,517

Provision for reserve for contingent losses

     (34,477     —          (34,477

Settlement package

     —          (24,537     24,537   

Income before income taxes

     616,601        517,534        99,067   

Income taxes-current

     170,298        130,305        39,992   

Income taxes-deferred

     18,508        54,633        (36,124

Total taxes

     188,806        184,938        3,867   
  

 

 

   

 

 

   

 

 

 

Net income

     427,795        332,595        95,199   
  

 

 

   

 

 

   

 

 

 

(Reference)

      

Total credit costs (1)+(2)+(3)+(4)+(5)+(6)

     76,300        44,471        31,828   

 

2


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Consolidated

 

     (in millions of yen)  
     For the six months ended     Increase
(Decrease)
(A) - (B)
 
     September 30, 2014
(A)
    September 30, 2013
(B)
   

Gross profits

     1,430,557        1,250,246        180,310   

Net interest income

     876,710        756,867        119,842   

Trust fees

     5,286        7,157        (1,870

Net fees and commissions

     334,367        287,608        46,758   

Net trading profits

     44,272        57,292        (13,019

Net other business profits

     169,919        141,320        28,599   

Net gains (losses) on debt securities

     90,666        79,487        11,178   

General and administrative expenses

     839,342        739,311        100,030   

Amortization of goodwill

     7,177        8,768        (1,591

Net business profits before provision for general allowance for credit losses and amortization of goodwill

     598,392        519,703        78,689   

Net business profits before provision for general allowance for credit losses

     591,215        510,934        80,280   

Provision for general allowance for credit losses (1)

     —          —          —     

Net business profits*

     591,215        510,934        80,280   

Net non-recurring gains (losses)

     72,186        63,665        8,520   

Credit costs (2)

     (48,194     (46,056     (2,137

Losses on loan write-offs

     (34,093     (41,863     7,769   

Provision for specific allowance for credit losses

     —          —          —     

Other credit costs

     (14,101     (4,193     (9,907

Reversal of allowance for credit losses (3)

     80,325        58,858        21,466   

Reversal of reserve for contingent losses included in credit costs (4)

     4,453        2,622        1,830   

Gains on loans written-off (5)

     17,680        17,240        440   

Net gains (losses) on equity securities

     7,802        32,815        (25,012

Gains on sales of equity securities

     15,999        47,162        (31,162

Losses on sales of equity securities

     (5,758     (2,386     (3,371

Losses on write-down of equity securities

     (2,439     (11,960     9,521   

Profits (losses) from investments in affiliates

     13,549        5,182        8,367   

Other non-recurring gains (losses)

     (3,430     (6,997     3,567   
  

 

 

   

 

 

   

 

 

 

Ordinary profits

     663,401        574,599        88,801   
  

 

 

   

 

 

   

 

 

 

Net extraordinary gains (losses)

     (39,602     (26,791     (12,810

Net gains (losses) on disposition of fixed assets

     (915     2,030        (2,946

Losses on impairment of fixed assets

     (689     (1,791     1,101   

Provision for reserve for contingent losses

     (34,477     —          (34,477

Settlement package

     —          (24,537     24,537   

Income before income taxes and others

     623,798        547,807        75,990   

Income taxes-current

     156,789        133,065        23,724   

Income taxes-deferred

     27,563        44,811        (17,247

Total taxes

     184,353        177,876        6,476   

Income before minority interests

     439,445        369,931        69,514   

Minority interests

     33,949        30,405        3,543   
  

 

 

   

 

 

   

 

 

 

Net income

     405,496        339,525        65,970   
  

 

 

   

 

 

   

 

 

 

Note:

      

* Net business profits = Net business profits of BTMU + Other consolidated entities’ gross profits - Other consolidated entities’ general and administrative expenses - Other consolidated entities’ provision for general allowance for credit losses - Amortization of goodwill - Inter-company transactions

     

(Reference)

      

Total credit costs (1)+(2)+(3)+(4)+(5)

     54,264        32,665        21,599   

Number of consolidated subsidiaries

     155        146        9   

Number of affiliated companies accounted for under the equity method

     60        59        1   

 

3


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Non-consolidated

 

     (in millions of yen)  
     For the six months ended     Increase
(Decrease)
(A) - (B)
 
     September 30, 2014
(A)
    September 30, 2013
(B)
   

Gross profits

     1,079,582        965,579        114,002   

Domestic gross profits

     549,981        567,280        (17,299

Net interest income

     347,607        363,849        (16,242

Net fees and commissions

     154,774        140,054        14,720   

Net trading profits

     (5,421     5,700        (11,122

Net other business profits

     53,021        57,676        (4,655

Net gains (losses) on debt securities

     44,784        49,064        (4,280

Non-domestic gross profits

     529,600        398,298        131,302   

Net interest income

     277,569        198,717        78,852   

Net fees and commissions

     92,144        87,438        4,705   

Net trading profits

     60,733        47,148        13,584   

Net other business profits

     99,153        64,992        34,160   

Net gains (losses) on debt securities

     45,949        20,587        25,362   

General and administrative expenses

     588,935        547,620        41,315   

Personnel expenses

     239,191        222,880        16,310   

Non-personnel expenses

     315,881        297,700        18,180   

Amortization of goodwill

     138        126        11   

Taxes

     33,862        27,039        6,823   

Net business profits before provision for general allowance for credit losses and amortization of goodwill

     490,785        418,085        72,699   

Net business profits before provision for general allowance for credit losses

     490,646        417,958        72,687   

Provision for general allowance for credit losses (1)

     —          —          —     

Net business profits

     490,646        417,958        72,687   

Net non-recurring gains (losses)

     56,606        37,209        19,397   

Credit costs (2)

     (30,920     (36,441     5,520   

Losses on loan write-offs

     (15,951     (32,447     16,495   

Provision for specific allowance for credit losses

     —          —          —     

Other credit costs

     (14,968     (3,993     (10,974

Reversal of allowance for credit losses (3)

     86,060        48,633        37,426   

Reversal of reserve for contingent losses included in credit costs (4)

     5,887        3,914        1,973   

Gains on loans written-off (5)

     5,883        11,757        (5,873

Net gains (losses) on equity securities

     1,408        17,665        (16,257

Gains on sales of equity securities

     11,570        46,735        (35,164

Losses on sales of equity securities

     (5,685     (2,383     (3,301

Losses on write-down of equity securities

     (4,477     (26,686     22,209   

Other non-recurring gains (losses)

     (11,712     (8,321     (3,390
  

 

 

   

 

 

   

 

 

 

Ordinary profits

     547,253        455,168        92,085   
  

 

 

   

 

 

   

 

 

 

Net extraordinary gains (losses)

     (36,212     (24,638     (11,573

Net gains (losses) on disposition of fixed assets

     (1,274     476        (1,751

Losses on impairment of fixed assets

     (460     (1,736     1,276   

Provision for reserve for contingent losses

     (34,477     —          (34,477

Settlement package

     —          (24,537     24,537   

Income before income taxes

     511,041        430,529        80,511   

Income taxes-current

     138,988        115,148        23,840   

Income taxes-deferred

     17,594        45,418        (27,824

Total taxes

     156,582        160,567        (3,984
  

 

 

   

 

 

   

 

 

 

Net income

     354,458        269,962        84,496   
  

 

 

   

 

 

   

 

 

 

(Reference)

      

Total credit costs (1)+(2)+(3)+(4)+(5)

     66,911        27,864        39,046   

 

4


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Consolidated

 

    (in millions of yen)  
    For the six months ended     Increase
(Decrease)
(A) - (B)
 
    September 30, 2014
(A)
    September 30, 2013
(B)
   

Gross profits

    221,191        204,322        16,868   

Gross profits before credit costs for trust accounts

    220,719        204,787        15,932   

Trust fees

    48,932        46,053        2,879   

Trust fees before credit costs for trust accounts

    48,461        46,518        1,942   

Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)

    3,588        2,961        626   

Other trust fees

    44,873        43,557        1,316   

Credit costs for trust accounts (1)

    471        (465     936   

Net interest income

    80,018        70,452        9,565   

Net fees and commissions

    80,822        75,826        4,995   

Net trading profits

    19,258        3,476        15,781   

Net other business profits

    (7,840     8,512        (16,353

Net gains (losses) on debt securities

    (754     (2,570     1,816   

General and administrative expenses

    123,199        116,756        6,443   

Amortization of goodwill

    458        108        350   

Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill

    97,978        88,139        9,838   

Net business profits before credit costs for trust accounts and provision for general allowance for credit losses

    97,520        88,031        9,488   

Provision for general allowance for credit losses (2)

    —          —          —     

Net business profits*

    97,991        87,566        10,424   

Net non-recurring gains (losses)

    23,933        19,229        4,704   

Credit costs (3)

    (816     (575     (240

Losses on loan write-offs

    (27     (592     565   

Provision for specific allowance for credit losses

    —          —          —     

Other credit costs

    (788     17        (806

Reversal of allowance for credit losses (4)

    9,374        16,545        (7,170

Reversal of reserve for contingent losses included in credit costs (5)

    20        818        (797

Gains on loans written-off (6)

    310        231        78   

Net gains (losses) on equity securities

    6,629        1,355        5,274   

Gains on sales of equity securities

    7,314        4,523        2,790   

Losses on sales of equity securities

    (547     (2,701     2,154   

Losses on write-down of equity securities

    (136     (466     329   

Profits (losses) from investments in affiliates

    4,851        4,968        (117

Other non-recurring gains (losses)

    3,562        (4,114     7,677   
 

 

 

   

 

 

   

 

 

 

Ordinary profits

    121,925        106,796        15,128   
 

 

 

   

 

 

   

 

 

 

Net extraordinary gains (losses)

    4,474        (160     4,634   

Net gains (losses) on disposition of fixed assets

    (1,733     (2     (1,731

Losses on impairment of fixed assets

    (2,950     (157     (2,793

Gains on change in equity

    9,159        —          9,159   

Income before income taxes and others

    126,399        106,636        19,763   

Income taxes-current

    36,125        19,394        16,730   

Income taxes-deferred

    (613     11,576        (12,189

Total taxes

    35,511        30,971        4,540   

Income before minority interests

    90,887        75,664        15,222   

Minority interests

    4,126        3,917        209   
 

 

 

   

 

 

   

 

 

 

Net income

    86,760        71,747        15,013   
 

 

 

   

 

 

   

 

 

 

Note:

     

* Net business profits = Net business profits of MUTB + Other consolidated entities’ gross profits - Other consolidated entities’ general and administrative expenses - Other consolidated entities’ provision for general allowance for credit losses - Amortization of goodwill - Inter-company transactions

     

(Reference)

     

Total credit costs (1)+(2)+(3)+(4)+(5)+(6)

    9,361        16,555        (7,194

Number of consolidated subsidiaries

    57        52        5   

Number of affiliated companies accounted for under the equity method

    12        12        —     

 

5


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

     (in millions of yen)  
     For the six months ended     Increase
(Decrease)
(A) - (B)
 
     September 30, 2014
(A)
    September 30, 2013
(B)
   

Gross profits

     180,146        159,973        20,172   

Gross profits before credit costs for trust accounts

     179,674        160,438        19,236   

Domestic gross profits

     138,984        113,364        25,620   

Trust fees

     42,402        39,093        3,308   

Trust fees before credit costs for trust accounts

     41,931        39,558        2,372   

Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)

     3,588        2,961        626   

Other trust fees

     38,342        36,597        1,745   

Credit costs for trust accounts (1)

     471        (465     936   

Net interest income

     42,088        43,364        (1,276

Net fees and commissions

     45,397        45,381        15   

Net trading profits

     20,295        (1,926     22,222   

Net other business profits

     (11,198     (12,548     1,350   

Net gains (losses) on debt securities

     (2,443     (15,721     13,278   

Non-domestic gross profits

     41,161        46,608        (5,447

Net interest income

     41,191        29,039        12,152   

Net fees and commissions

     93        370        (277

Net trading profits

     (2,988     3,250        (6,239

Net other business profits

     2,865        13,948        (11,083

Net gains (losses) on debt securities

     1,688        13,150        (11,461

General and administrative expenses

     90,755        88,805        1,949   

Personnel expenses

     34,604        34,155        448   

Non-personnel expenses

     51,842        51,251        590   

Taxes

     4,309        3,398        910   

Net business profits before credit costs for trust accounts and provision for general allowance for credit losses

     88,919        71,632        17,286   

Provision for general allowance for credit losses (2)

     —          —          —     

Net business profits

     89,390        71,167        18,223   

Net non-recurring gains (losses)

     20,774        15,983        4,790   

Credit costs (3)

     (789     (568     (220

Losses on loan write-offs

     (1     (586     585   

Provision for specific allowance for credit losses

     —          —          —     

Other credit costs

     (788     17        (806

Reversal of allowance for credit losses (4)

     9,410        16,635        (7,225

Reversal of reserve for contingent losses included in credit costs (5)

     20        818        (797

Gains on loans written-off (6)

     277        187        90   

Net gains (losses) on equity securities

     6,629        1,370        5,259   

Gains on sales of equity securities

     7,314        4,523        2,790   

Losses on sales of equity securities

     (547     (2,686     2,138   

Losses on write-down of equity securities

     (136     (466     329   

Other non-recurring gains (losses)

     5,226        (2,459     7,685   
  

 

 

   

 

 

   

 

 

 

Ordinary profits

     110,164        87,151        23,013   
  

 

 

   

 

 

   

 

 

 

Net extraordinary gains (losses)

     (4,604     (146     (4,458

Net gains (losses) on disposition of fixed assets

     (1,662     2        (1,664

Losses on impairment of fixed assets

     (2,942     (148     (2,793

Income before income taxes

     105,560        87,005        18,555   

Income taxes-current

     31,309        15,156        16,152   

Income taxes-deferred

     913        9,214        (8,300

Total taxes

     32,223        24,371        7,852   
  

 

 

   

 

 

   

 

 

 

Net income

     73,336        62,633        10,702   
  

 

 

   

 

 

   

 

 

 

(Reference)

      

Total credit costs (1)+(2)+(3)+(4)+(5)+(6)

     9,389        16,607        (7,217

 

6


Mitsubishi UFJ Financial Group, Inc.

 

2. Average Interest Rate Spread

BTMU Non-consolidated

 

    (percentage per annum)  
(Domestic business segment)   For the six months
ended
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    For the six months
ended
September 30, 2013
(B)
 

Total average interest rate on interest-earning assets (a)

    0.65        (0.06     0.71   

Average interest rate on loans and bills discounted (b)

    1.04        (0.09     1.14   

Average interest rate on securities

    0.49        0.04        0.45   

Total average interest rate on interest-bearing liabilities (c)

<including general and administrative expenses>

    0.73        (0.01     0.74   

Average interest rate on deposits and NCD (d)

    0.03        (0.00     0.04   

Average interest rate on other liabilities

    0.17        (0.02     0.20   

Overall interest rate spread (a)-(c)

    (0.07     (0.04     (0.03

Interest rate spread (b)-(d)

    1.01        (0.08     1.10   

(After excluding loans to the Japanese government and governmental organizations)

     

Average interest rate on loans and bills discounted (e)

    1.23        (0.09     1.32   

Interest rate spread (e)-(d)

    1.19        (0.08     1.28   

MUTB Non-consolidated

 

    (percentage per annum)  
(Domestic business segment)   For the six months
ended
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    For the six months
ended
September 30, 2013
(B)
 

Total average interest rate on interest-earning assets (a)

    0.56        (0.09     0.66   

Average interest rate on loans and bills discounted (b)

    0.77        (0.09     0.86   

Average interest rate on securities

    0.57        (0.02     0.59   

Total average interest rate on interest-bearing liabilities (c)

    0.17        (0.02     0.20   

Average interest rate on deposits and NCD (d)

    0.14        (0.02     0.16   

Overall interest rate spread (a)-(c)

    0.39        (0.06     0.46   

Interest rate spread (b)-(d)

    0.63        (0.06     0.69   

(After excluding loans to the Japanese government and governmental organizations)

     

Average interest rate on loans and bills discounted (e)

    0.77        (0.09     0.86   

Interest rate spread (e)-(d)

    0.63        (0.06     0.69   

BTMU and MUTB Combined

 

    (percentage per annum)  
(Domestic business segment)   For the six months
ended
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    For the six months
ended
September 30, 2013
(B)
 

Average interest rate on loans and bills discounted (a)

    1.00        (0.09     1.10   

Average interest rate on deposits and NCD (b)

    0.05        (0.00     0.05   

Interest rate spread (a)-(b)

    0.95        (0.08     1.04   

(After excluding loans to the Japanese government and governmental organizations)

     

Average interest rate on loans and bills discounted (c)

    1.15        (0.09     1.24   

Interest rate spread (c)-(b)

    1.10        (0.08     1.18   

 

7


Mitsubishi UFJ Financial Group, Inc.

 

3. Notional Principal by the Remaining Life of the Interest Rate Swaps for Hedge-Accounting

MUFG Consolidated

 

     (in billions of yen)  
     As of September 30, 2014  
     within 1 year      1 year to 5 years      over 5 years      Total  

Receive-fix/pay-floater

     739.5         4,559.1         14,075.6         19,374.3   

Receive-floater/pay-fix

     779.8         4,158.2         6,027.9         10,966.1   

Receive-floater/pay-floater

     —           —           —           —     

Receive-fix/pay-fix

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     1,519.4         8,717.4         20,103.6         30,340.4   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

BTMU Consolidated

 

           
     (in billions of yen)  
     As of September 30, 2014  
     within 1 year      1 year to 5 years      over 5 years      Total  

Receive-fix/pay-floater

     423.0         3,608.5         13,985.6         18,017.3   

Receive-floater/pay-fix

     251.4         2,353.8         4,923.2         7,528.6   

Receive-floater/pay-floater

     —           —           —           —     

Receive-fix/pay-fix

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     674.5         5,962.4         18,908.9         25,545.9   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

MUTB Consolidated

 

           
     (in billions of yen)  
     As of September 30, 2014  
     within 1 year      1 year to 5 years      over 5 years      Total  

Receive-fix/pay-floater

     275.0         921.0         90.0         1,286.0   

Receive-floater/pay-fix

     411.0         1,571.5         1,131.4         3,114.0   

Receive-floater/pay-floater

     —           —           —           —     

Receive-fix/pay-fix

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     686.0         2,492.5         1,221.4         4,400.0   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

8


Mitsubishi UFJ Financial Group, Inc.

 

4. Securities

MUFG Consolidated

The tables include negotiable certificates of deposit in “Cash and due from banks”, beneficiary rights to the trust in “Monetary claims bought” and others in addition to “Securities”.

Fair Value Information on Securities

 

    (in millions of yen)  
  As of September 30, 2014     As of March 31, 2014  
  Amount on
consolidated
balance sheet
    Differences     Gains     Losses     Amount on
consolidated
balance sheet
    Differences     Gains     Losses  

Debt securities being held to maturity

    3,543,489        41,719        45,598        3,878        2,778,658        27,082        39,133        12,050   

Domestic bonds

    815,425        4,971        4,980        9        214,969        868        868        —     

Government bonds

    815,425        4,971        4,980        9        214,969        868        868        —     

Municipal bonds

    —          —          —          —          —          —          —          —     

Corporate bonds

    —          —          —          —          —          —          —          —     

Other

    2,728,064        36,748        40,618        3,869        2,563,688        26,214        38,265        12,050   

Foreign bonds

    952,107        8,588        10,595        2,007        831,646        (7,312     2,358        9,671   

Other

    1,775,957        28,159        30,022        1,862        1,732,042        33,527        35,907        2,379   
    (in millions of yen)  
    As of September 30, 2014     As of March 31, 2014  
    Amount on
consolidated
balance sheet
    Differences     Gains     Losses     Amount on
consolidated
balance sheet
    Differences     Gains     Losses  

Other securities

    69,594,187        2,751,679        2,920,857        169,178        71,722,006        1,869,917        2,180,880        310,962   

Domestic equity securities

    4,904,669        2,090,728        2,169,988        79,260        4,384,190        1,559,699        1,650,295        90,596   

Domestic bonds

    41,431,319        246,644        250,077        3,433        43,123,653        222,860        227,123        4,262   

Government bonds

    38,947,853        189,854        191,489        1,635        40,434,950        167,753        169,356        1,603   

Municipal bonds

    188,718        6,498        6,501        3        197,927        6,679        6,703        23   

Corporate bonds

    2,294,748        50,291        52,086        1,794        2,490,776        48,427        51,063        2,636   

Other

    23,258,198        414,306        500,791        86,485        24,214,162        87,357        303,461        216,103   

Foreign equity securities

    217,656        86,818        86,865        47        217,513        81,675        81,712        36   

Foreign bonds

    19,076,837        191,615        254,481        62,865        20,599,891        (53,023     130,997        184,021   

Other

    3,963,704        135,872        159,444        23,571        3,396,757        58,705        90,750        32,044   

 

9


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Non-consolidated

The tables include negotiable certificates of deposit in “Cash and due from banks”, beneficiary rights to the trust in “Monetary claims bought” and others in addition to “Securities”.

Fair Value Information on Securities

 

    (in millions of yen)  
    As of September 30, 2014     As of March 31, 2014  
    Amount on
balance sheet
    Differences     Gains     Losses     Amount on
balance sheet
    Differences     Gains     Losses  

Debt securities being held to maturity

    2,381,789        32,699        34,570        1,871        1,750,757        33,527        35,907        2,379   

Stocks of subsidiaries and affiliates

    678,572        211,051        235,695        24,643        676,760        (6,226     30,867        37,094   
    (in millions of yen)  
    As of September 30, 2014     As of March 31, 2014  
    Amount on
balance sheet
    Differences     Gains     Losses     Amount on
balance sheet
    Differences     Gains     Losses  

Other securities

    51,283,201        2,033,217        2,153,889        120,672        54,117,050        1,367,125        1,585,230        218,104   

Domestic equity securities

    4,003,751        1,605,050        1,679,647        74,596        3,548,461        1,144,077        1,233,376        89,298   

Domestic bonds

    34,752,267        194,520        197,785        3,264        36,175,473        171,251        175,419        4,168   

Other

    12,527,181        233,645        276,457        42,811        14,393,114        51,796        176,434        124,638   

Foreign equity securities

    201,882        80,504        81,163        658        197,436        77,286        78,166        880   

Foreign bonds

    9,195,870        80,076        106,563        26,486        11,594,024        (50,095     50,043        100,139   

Other

    3,129,429        73,064        88,730        15,666        2,601,654        24,605        48,223        23,617   

Redemption schedule of other securities with maturities and debt securities being held to maturity

 

     (in millions of yen)  
     As of September 30, 2014      As of March 31, 2014  
     within
1 year
     1 year to
5 years
     5 years to
10 years
     over
10 years
     within
1 year
     1 year to
5 years
     5 years to
10 years
     over
10 years
 

Domestic bonds

     15,565,582         12,486,488         4,386,378         2,914,259         13,963,192         16,072,562         4,559,235         1,580,483   

Government bonds

     15,324,694         11,716,303         4,010,315         2,140,975         13,707,896         15,188,464         4,158,774         799,787   

Municipal bonds

     13,153         119,022         56,002         357         19,619         125,104         52,631         370   

Corporate bonds

     227,734         651,162         320,060         772,926         235,676         758,993         347,829         780,325   

Other

     1,551,532         3,832,630         4,554,430         1,971,953         2,062,205         7,088,092         3,330,584         1,676,487   

Foreign bonds

     1,191,791         3,288,769         3,351,804         1,343,363         1,743,698         6,670,035         1,986,860         1,189,493   

Other

     359,740         543,861         1,202,625         628,589         318,506         418,057         1,343,724         486,993   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     17,117,115         16,319,118         8,940,808         4,886,212         16,025,397         23,160,654         7,889,820         3,256,970   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

10


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

The tables include beneficiary rights to the trust in “Monetary claims bought” in addition to “Securities”.

Fair Value Information on Securities

 

     (in millions of yen)  
     As of September 30, 2014      As of March 31, 2014  
     Amount on
balance sheet
     Differences      Gains      Losses      Amount on
balance sheet
     Differences      Gains      Losses  

Debt securities being held to maturity

     214,959         430         430         —           220,090         876         876         —     

Stocks of subsidiaries and affiliates

     57,771         109,965         110,031         66         57,771         100,140         100,395         255   
     (in millions of yen)  
     As of September 30, 2014      As of March 31, 2014  
     Amount on
balance sheet
     Differences      Gains      Losses      Amount on
balance sheet
     Differences      Gains      Losses  

Other securities

     15,220,616         648,603         678,798         30,195         14,521,222         452,388         497,868         45,480   

Domestic equity securities

     940,449         409,812         427,857         18,044         856,844         322,464         343,759         21,295   

Domestic bonds

     6,553,580         47,973         48,268         294         6,717,762         42,635         42,851         215   

Other

     7,726,586         190,816         202,672         11,856         6,946,615         87,288         111,257         23,969   

Foreign equity securities

     426         175         175         —           380         129         129         —     

Foreign bonds

     7,206,477         129,889         138,085         8,196         6,469,332         52,605         74,001         21,395   

Other

     519,681         60,751         64,411         3,660         476,901         34,553         37,127         2,573   

Redemption schedule of other securities with maturities and debt securities being held to maturity

 

     (in millions of yen)  
     As of September 30, 2014      As of March 31, 2014  
     within
1 year
     1 year to
5 years
     5 years to
10 years
     over
10 years
     within
1 year
     1 year to
5 years
     5 years to
10 years
     over
10 years
 

Domestic bonds

     988,049         4,629,356         1,136,633         14,501         1,258,404         4,370,126         1,288,276         15,901   

Government bonds

     956,753         4,417,578         1,086,745         —           1,222,738         4,153,846         1,216,558         —     

Municipal bonds

     —           141         —           41         —           159         —           42   

Corporate bonds

     31,295         211,636         49,887         14,460         35,665         216,120         71,717         15,858   

Other

     430,131         3,581,459         2,321,688         1,114,167         377,295         4,068,415         1,401,156         851,471   

Foreign bonds

     428,952         3,407,425         2,277,412         1,092,688         376,462         3,898,013         1,361,704         838,298   

Other

     1,179         174,034         44,276         21,479         832         170,402         39,451         13,173   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     1,418,180         8,210,816         3,458,321         1,128,668         1,635,699         8,438,541         2,689,432         867,372   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

11


Mitsubishi UFJ Financial Group, Inc.

 

5. ROE

MUFG Consolidated

 

     (%)  
     For the six months
ended
September 30, 2014
(A)
     Increase (Decrease)
(A) - (B)
     For the six months
ended
September 30, 2013
(B)
 

ROE

     10.18         0.14         10.03   

Note:

ROE is computed as follows:

 

Net income × 2 - Equivalent of annual dividends on nonconvertible preferred stocks

     ×100   

{(Total shareholders’ equity at the beginning of the period - Number of nonconvertible preferred stocks at the beginning of the period × Issue price + Foreign currency translation adjustments at the beginning of the period) + (Total shareholders’ equity at the end of the period - Number of nonconvertible preferred stocks at the end of the period × Issue price + Foreign currency translation adjustments at the end of the period)} / 2

  

 

12


Mitsubishi UFJ Financial Group, Inc.

 

6. Risk-Adjusted Capital Ratio

 

MUFG Consolidated

   (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

(1) Total capital ratio (4)/(7)

     15.39     (0.13 )%      15.53

(2) Tier 1 capital ratio (5)/(7)

     12.21     (0.23 )%      12.45

(3) Common Equity Tier 1 capital ratio (6)/(7)

     10.97     (0.27 )%      11.25

(4) Total capital

     16,039.1        644.8        15,394.3   

(5) Tier 1 capital

     12,726.1        384.2        12,341.8   

(6) Common Equity Tier 1 capital

     11,435.8        282.7        11,153.0   

(7) Risk weighted assets

     104,160.1        5,075.8        99,084.3   

(8) Required Capital (7)×8%

     8,332.8        406.0        7,926.7   

BTMU Consolidated

   (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

(1) Total capital ratio (4)/(7)

     15.41     (0.16 )%      15.57

(2) Tier 1 capital ratio (5)/(7)

     11.95     (0.26 )%      12.21

(3) Common Equity Tier 1 capital ratio (6)/(7)

     10.72     (0.32 )%      11.05

(4) Total capital

     12,696.9        440.7        12,256.1   

(5) Tier 1 capital

     9,843.7        232.1        9,611.5   

(6) Common Equity Tier 1 capital

     8,836.2        139.6        8,696.5   

(7) Risk weighted assets

     82,367.0        3,688.9        78,678.0   

(8) Required Capital (7)×8%

     6,589.3        295.1        6,294.2   
MUTB Consolidated    (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

(1) Total capital ratio (4)/(7)

     19.72     1.33     18.38

(2) Tier 1 capital ratio (5)/(7)

     15.54     0.77     14.76

(3) Common Equity Tier 1 capital ratio (6)/(7)

     14.98     0.76     14.21

(4) Total capital

     2,181.7        124.4        2,057.3   

(5) Tier 1 capital

     1,719.0        66.6        1,652.4   

(6) Common Equity Tier 1 capital

     1,657.2        66.5        1,590.6   

(7) Risk weighted assets

     11,061.9        (126.1     11,188.1   

(8) Required Capital (7)×8%

     884.9        (10.0     895.0   
BTMU Non-consolidated    (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

(1) Total capital ratio (4)/(7)

     17.12     (0.40 )%      17.52

(2) Tier 1 capital ratio (5)/(7)

     13.30     (0.44 )%      13.74

(3) Common Equity Tier 1 capital ratio (6)/(7)

     11.57     (0.31 )%      11.88

(4) Total capital

     11,993.8        411.6        11,582.1   

(5) Tier 1 capital

     9,321.8        234.4        9,087.3   

(6) Common Equity Tier 1 capital

     8,105.3        250.6        7,854.6   

(7) Risk weighted assets

     70,039.3        3,948.4        66,090.9   

(8) Required Capital (7)×8%

     5,603.1        315.8        5,287.2   
MUTB Non-consolidated    (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

(1) Total capital ratio (4)/(7)

     19.61     1.10     18.51

(2) Tier 1 capital ratio (5)/(7)

     14.95     0.57     14.37

(3) Common Equity Tier 1 capital ratio (6)/(7)

     14.29     0.56     13.72

(4) Total capital

     2,175.5        106.6        2,068.9   

(5) Tier 1 capital

     1,658.0        51.3        1,606.6   

(6) Common Equity Tier 1 capital

     1,585.2        51.5        1,533.7   

(7) Risk weighted assets

     11,089.6        (84.2     11,173.8   

(8) Required Capital (7)×8%

     887.1        (6.7     893.9   

 

Note: Risk-adjusted capital ratio of MUFG is computed in accordance with the Notification of the Financial Services Agency No.20, 2006. Risk-adjusted capital ratio of BTMU and MUTB are computed in accordance with the Notification of the Financial Services Agency No.19, 2006.

 

13


Mitsubishi UFJ Financial Group, Inc.

 

7. Risk-Monitored Loans

MUFG Consolidated

 

(1) Risk-Monitored Loans

 

    (in millions of yen)  
    As of
September 30, 2014
(A)
    % to total
loans
and bills
discounted
    As of
March 31, 2014
(B)
    % to total
loans
and bills
discounted
    Increase
(Decrease)
(A) - (B)
    % to total
loans
and bills
discounted
 

Loans to bankrupt borrowers

    23,352        0.02     27,479        0.02     (4,126     (0.00 )% 

Non-accrual delinquent loans

    891,777        0.86     1,046,663        1.02     (154,886     (0.15 )% 

Accruing loans contractually past due 3 months or more

    50,775        0.04     50,076        0.04     699        0.00

Restructured loans

    546,405        0.53     581,309        0.57     (34,903     (0.03 )% 
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total risk monitored loans

    1,512,311        1.47     1,705,529        1.67     (193,217     (0.19 )% 
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total loans and bills discounted

    102,571,087        ——          101,938,907        ——          632,180        ——     

Written-off

    488,953        ——          521,879        ——          (32,926     ——     

 

(2)    Allowance for Credit Losses

 

           
    (in millions of yen)  
    As of
September 30, 2014
(A)
    % to total
risk
monitored
loans
    As of
March 31, 2014
(B)
    % to total
risk
monitored
loans
    Increase
(Decrease)
(A) - (B)
    % to total
risk
monitored
loans
 

Allowance for credit losses

    841,306        55.63     938,483        55.02     (97,176     0.60

General allowance for credit losses

    588,139        ——          629,209        ——          (41,070     ——     

Specific allowance for credit losses

    251,815        ——          307,883        ——          (56,067     ——     

Allowance for credit to specific foreign borrowers

    1,351        ——          1,390        ——          (39     ——     

 

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area

 

      (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,206,340         1,375,201         (168,861

Overseas

     305,971         330,327         (24,355

Asia

     90,108         89,008         1,099   

Indonesia

     3,353         3,102         250   

Singapore

     —           27         (27

Thailand

     71,098         66,812         4,285   

Hong Kong

     —           781         (781

China

     63         126         (63

Other

     15,593         18,158         (2,564

Americas

     109,605         114,988         (5,382

Europe, Middle East and Other

     106,256         126,330         (20,073
  

 

 

    

 

 

    

 

 

 

Total

     1,512,311         1,705,529         (193,217
  

 

 

    

 

 

    

 

 

 

Classified by Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,206,340         1,375,201         (168,861

Manufacturing

     236,012         263,319         (27,307

Construction

     31,425         37,945         (6,520

Wholesale and retail

     215,999         246,120         (30,120

Finance and insurance

     5,753         8,106         (2,352

Real estate, goods rental and leasing

     152,379         197,128         (44,748

Services

     94,413         107,142         (12,728

Other industries

     48,799         65,548         (16,748

Consumer

     421,555         449,891         (28,335

Overseas

     305,971         330,327         (24,355

Financial institutions

     7,414         24,238         (16,823

Commercial and industrial

     134,108         137,049         (2,940

Other

     164,448         169,039         (4,591
  

 

 

    

 

 

    

 

 

 

Total

     1,512,311         1,705,529         (193,217
  

 

 

    

 

 

    

 

 

 

 

14


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Non-consolidated

 

(1)    Risk-Monitored Loans   
     (in millions of yen)  
     As of
September 30, 2014
(A)
     % to total
loans
and bills
discounted
    As of
March 31, 2014
(B)
     % to total
loans
and bills
discounted
    Increase
(Decrease)
(A) - (B)
    % to total
loans
and bills
discounted
 

Loans to bankrupt borrowers

     17,929         0.02     20,637         0.02     (2,708     (0.00 )% 

Non-accrual delinquent loans

     691,465         0.86     863,900         1.08     (172,434     (0.22 )% 

Accruing loans contractually past due 3 months or more

     56,019         0.07     57,177         0.07     (1,158     (0.00 )% 

Restructured loans

     385,827         0.48     401,102         0.50     (15,275     (0.02 )% 
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Total risk monitored loans

     1,151,241         1.43     1,342,818         1.68     (191,576     (0.24 )% 
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Total loans and bills discounted

     79,977,449         ——          79,495,010         ——          482,439        ——     

Written-off

     337,602         ——          353,636         ——          (16,033     ——     

 

(2)    Allowance for Credit Losses

 

  

     (in millions of yen)  
     As of
September 30, 2014
(A)
     % to total
risk
monitored
loans
    As of
March 31, 2014
(B)
     % to total
risk
monitored
loans
    Increase
(Decrease)
(A) - (B)
    % to total
risk
monitored
loans
 

Allowance for credit losses

     540,830         46.97     651,662         48.52     (110,832     (1.55 )% 

General allowance for credit losses

     356,691         ——          401,533         ——          (44,842     ——     

Specific allowance for credit losses

     182,787         ——          248,738         ——          (65,950     ——     

Allowance for credit to specific foreign borrowers

     1,351         ——          1,390         ——          (39     ——     

(3)    Classification of Risk-Monitored Loans

Classified by Geographic Area

 

      (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,004,536         1,168,147         (163,610

Overseas

     146,704         174,670         (27,966

Asia

     18,201         21,592         (3,391

Indonesia

     1,387         1,312         74   

Singapore

     —           27         (27

Thailand

     1,298         1,401         (102

Hong Kong

     —           781         (781

China

     —           —           —     

Other

     15,514         18,069         (2,555

Americas

     24,479         29,489         (5,010

Europe, Middle East and Other

     104,023         123,588         (19,564
  

 

 

    

 

 

    

 

 

 

Total

     1,151,241         1,342,818         (191,576
  

 

 

    

 

 

    

 

 

 

Classified by Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,004,536         1,168,147         (163,610

Manufacturing

     225,386         250,801         (25,414

Construction

     30,674         37,171         (6,497

Wholesale and retail

     213,745         243,723         (29,978

Finance and insurance

     5,442         6,451         (1,009

Real estate

     133,258         178,365         (45,107

Goods rental and leasing

     5,023         3,744         1,278   

Services

     93,800         106,210         (12,410

Other industries

     47,787         64,513         (16,726

Consumer

     249,418         277,163         (27,744

Overseas

     146,704         174,670         (27,966

Financial institutions

     7,284         24,140         (16,855

Commercial and industrial

     50,250         56,056         (5,806

Other

     89,169         94,473         (5,304
  

 

 

    

 

 

    

 

 

 

Total

     1,151,241         1,342,818         (191,576
  

 

 

    

 

 

    

 

 

 

 

15


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

(1)    Risk-Monitored Loans

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     % to total
loans
and bills
discounted
    As of
March 31, 2014
(B)
     % to total
loans
and bills
discounted
    Increase
(Decrease)
(A) - (B)
    % to total
loans
and bills
discounted
 

Loans to bankrupt borrowers

     451         0.00     491         0.00     (39     (0.00 )% 

Non-accrual delinquent loans

     25,901         0.21     27,099         0.22     (1,197     (0.01 )% 

Accruing loans contractually past due 3 months or more

     514         0.00     866         0.00     (352     (0.00 )% 

Restructured loans

     12,117         0.10     15,808         0.13     (3,691     (0.03 )% 
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Total risk monitored loans

     38,985         0.32     44,266         0.37     (5,281     (0.04 )% 
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Total loans and bills discounted

     11,986,006         ——          11,909,155         ——          76,850        ——     

Written-off

     13,725         ——          14,136         ——          (411     ——     

 

(2)    Allowance for Credit Losses

 

  

     (in millions of yen)  
     As of
September 30, 2014
(A)
     % to total
risk
monitored
loans
    As of
March 31, 2014
(B)
     % to total
risk
monitored
loans
    Increase
(Decrease)
(A) - (B)
    % to total
risk
monitored
loans
 

Allowance for credit losses

     27,351         70.15     36,821         83.18     (9,469     (13.02 )% 

General allowance for credit losses

     20,240         ——          28,013         ——          (7,772     ——     

Specific allowance for credit losses

     7,110         ——          8,807         ——          (1,697     ——     

Allowance for credit to specific foreign borrowers

     0         ——          0         ——          (0     ——     

(3)    Classification of Risk-Monitored Loans

Classified by Geographic Area

 

      (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     36,740         41,512         (4,771

Overseas

     2,245         2,754         (509

Asia

     —           —           —     

Indonesia

     —           —           —     

Singapore

     —           —           —     

Thailand

     —           —           —     

Hong Kong

     —           —           —     

China

     —           —           —     

Other

     —           —           —     

Americas

     12         13         (0

Europe, Middle East and Other

     2,232         2,741         (508
  

 

 

    

 

 

    

 

 

 

Total

     38,985         44,266         (5,281
  

 

 

    

 

 

    

 

 

 

Classified by Industry

 

      (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     36,740         41,512         (4,771

Manufacturing

     10,594         12,487         (1,892

Construction

     729         744         (15

Wholesale and retail

     2,061         2,172         (111

Finance and insurance

     286         1,628         (1,341

Real estate

     13,988         14,815         (827

Goods rental and leasing

     —           —           —     

Services

     581         900         (319

Other industries

     1,007         1,029         (22

Consumer

     7,491         7,733         (242

Overseas

     2,245         2,754         (509

Financial institutions

     —           —           —     

Commercial and industrial

     2,232         2,741         (508

Other

     12         13         (0
  

 

 

    

 

 

    

 

 

 

Total

     38,985         44,266         (5,281
  

 

 

    

 

 

    

 

 

 

 

16


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated: Trust Account

“Trust Account” represents trust account with contracts indemnifying the principal amounts.

(1)    Risk-Monitored Loans

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     % to total
loans
and bills
discounted
    As of
March 31, 2014
(B)
     % to total
loans
and bills
discounted
    Increase
(Decrease)
(A) - (B)
    % to total
loans

and  bills
discounted
 

Loans to bankrupt borrowers

     11         0.03     70         0.22     (58     (0.18 )% 

Non-accrual delinquent loans

     0         0.00     0         0.00     (0     (0.00 )% 

Accruing loans contractually past due 3 months or more

     264         0.91     163         0.51     101        0.40

Restructured loans

     748         2.58     1,371         4.31     (623     (1.73 )% 
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Total risk monitored loans

     1,025         3.54     1,606         5.05     (581     (1.51 )% 
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Total loans and bills discounted

     28,940        ——          31,782         ——          (2,842     ——     

(2)    Allowance for Credit Losses

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Allowance for bad debts

     86         95         (8

 

(3)    Classification of Risk-Monitored Loans

 

Classified by Industry

 

        
     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,025         1,606         (581

Manufacturing

     —           —           —     

Construction

     —           —           —     

Wholesale and retail

     —           —           —     

Finance and insurance

     —           —           —     

Real estate

     800         814         (14

Goods rental and leasing

     —           —           —     

Services

     —           —           —     

Other industries

     —           —           —     

Consumer

     224         791         (566
  

 

 

    

 

 

    

 

 

 

Total

     1,025         1,606         (581
  

 

 

    

 

 

    

 

 

 

 

17


Mitsubishi UFJ Financial Group, Inc.

 

8. Non Performing Loans Based on the Financial Reconstruction Law (the “FRL”)

BTMU and MUTB Combined including Trust Account

“Trust account” represents trust account with contracts indemnifying the principal amounts.

(1)    Non Performing Loans

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Bankrupt or De facto Bankrupt

     88,804        94,054        (5,249

Doubtful

     665,745        848,304        (182,558

Special Attention

     455,372        475,767        (20,395

Non Performing Loans (1)

     1,209,922        1,418,127        (208,204
  

 

 

   

 

 

   

 

 

 

Normal

     100,694,341        99,058,578        1,635,763   
  

 

 

   

 

 

   

 

 

 

Total

     101,904,264        100,476,705        1,427,559   
  

 

 

   

 

 

   

 

 

 

Non Performing Loans / Total

     1.18 %      1.41     (0.22 )% 
(2)    Status of Coverage of Non Performing Loans   
     (in millions of yen)  
     As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Covered amount (2)

     950,184        1,108,904        (158,720

Allowance for credit losses

     306,411        378,600        (72,188

Collateral, guarantees, etc.

     643,772        730,304        (86,531

Coverage ratio (2) / (1)

     78.53 %      78.19     0.33

(3)    Coverage Ratio

 

     (in millions of yen)  
Category    Loan amount (A)     Allowance for
credit losses (B)
    Covered by
collateral and/or
guarantees (C)
    Coverage ratio for
unsecured portion
(B) / [(A) - (C)]
   Coverage ratio
[(B) + (C)] / (A)
 

Bankrupt or De facto Bankrupt

     88,804        1,624        87,180           100.00
     [94,054     [1,151     [92,903        [100.00 %] 

Doubtful

     665,745        185,345        331,835           77.68
     [848,304     [252,773     [402,251        [77.21 %] 

Special Attention

     455,372        119,442        224,756           75.58
     [475,767     [124,675     [235,149        [75.63 %] 

Total

     1,209,922        306,411        643,772           78.53
     [1,418,127     [378,600     [730,304        [78.19 %] 

Note: The upper figures are as of September 30, 2014. The lower figures with brackets are as of March 31, 2014.

(4)    Classified by Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,056,036         1,235,131         (179,095

Manufacturing

     237,377         267,151         (29,774

Construction

     31,576         38,178         (6,602

Wholesale and retail

     221,657         256,769         (35,111

Finance and insurance

     7,476         9,822         (2,346

Real estate

     149,788         196,572         (46,783

Goods rental and leasing

     5,035         3,744         1,290   

Services

     95,199         108,214         (13,015

Other industries

     50,375         68,620         (18,245

Consumer

     257,550         286,056         (28,506

Overseas

     153,886         182,995         (29,108

Financial institutions

     7,284         24,140         (16,855

Commercial and industrial

     57,419         64,368         (6,948

Other

     89,181         94,486         (5,305
  

 

 

    

 

 

    

 

 

 

Total

     1,209,922         1,418,127         (208,204
  

 

 

    

 

 

    

 

 

 

 

18


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Non-consolidated

(1)    Non Performing Loans

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Bankrupt or De facto Bankrupt

     86,351        91,524        (5,172

Doubtful

     641,699        822,431        (180,731

Special Attention

     441,846        458,280        (16,433

Non Performing Loans (1)

     1,169,898        1,372,236        (202,338
  

 

 

   

 

 

   

 

 

 

Normal

     88,411,957        86,906,340        1,505,617   
  

 

 

   

 

 

   

 

 

 

Total

     89,581,855        88,278,576        1,303,278   
  

 

 

   

 

 

   

 

 

 

Non Performing Loans / Total

     1.30     1.55     (0.24 )% 
(2)    Status of Coverage of Non Performing Loans   
     (in millions of yen)  
     As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Covered amount (2)

     916,686        1,069,080        (152,393

Allowance for credit losses

     296,486        365,749        (69,263

Collateral, guarantees, etc.

     620,200        703,330        (83,130

Coverage ratio (2) / (1)

     78.35     77.90     0.44

(3)    Coverage Ratio

 

      (in millions of yen)  
Category    Loan amount (A)     Allowance for
credit losses (B)
    Covered by
collateral and/or
guarantees (C)
    Coverage ratio for
unsecured portion
(B) /  [(A) - (C)]
    Coverage ratio
[(B) + (C)] / (A)
 

Bankrupt or De facto Bankrupt

     86,351        1,609        84,742        100.00     100.00
     [91,524     [1,136     [90,388     [100.00 %]      [100.00 %] 

Doubtful

     641,699        178,815        319,497        55.49     77.65
     [822,431     [244,560     [389,674     [56.51 %]      [77.11 %] 

Special Attention

     441,846        116,061        215,960        51.38     75.14
     [458,280     [120,052     [223,268     [51.08 %]      [74.91 %] 

Total

     1,169,898        296,486        620,200        53.93     78.35
     [1,372,236     [365,749     [703,330     [54.67 %]      [77.90 %] 

 

Note: The upper figures are as of September 30, 2014. The lower figures with brackets are as of March 31, 2014.

(4)    Classified by Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     1,018,257         1,191,996         (173,739

Manufacturing

     226,782         254,664         (27,881

Construction

     30,846         37,434         (6,587

Wholesale and retail

     219,596         254,596         (35,000

Finance and insurance

     7,190         8,194         (1,004

Real estate

     135,000         180,941         (45,940

Goods rental and leasing

     5,035         3,744         1,290   

Services

     94,617         107,314         (12,696

Other industries

     49,367         67,590         (18,222

Consumer

     249,819         277,514         (27,694

Overseas

     151,640         180,240         (28,599

Financial institutions

     7,284         24,140         (16,855

Commercial and industrial

     55,186         61,626         (6,439

Other

     89,169         94,473         (5,304
  

 

 

    

 

 

    

 

 

 

Total

     1,169,898         1,372,236         (202,338
  

 

 

    

 

 

    

 

 

 

 

19


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

(1) Non Performing Loans

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Bankrupt or De facto Bankrupt

     2,432        2,459        (26

Doubtful

     23,935        25,149        (1,214

Special Attention

     12,631        16,675        (4,043

Non Performing Loans (1)

     38,999        44,284        (5,284
  

 

 

   

 

 

   

 

 

 

Normal

     12,254,469        12,122,061        132,407   
  

 

 

   

 

 

   

 

 

 

Total

     12,293,468        12,166,345        127,123   
  

 

 

   

 

 

   

 

 

 

Non Performing Loans / Total

     0.31     0.36     (0.04 )% 

 

(2)    Status of Coverage of Non Performing Loans

 

      
     (in millions of yen)  
     As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Covered amount (2)

     32,734        38,522        (5,788

Allowance for credit losses

     9,925        12,851        (2,925

Collateral, guarantees, etc.

     22,809        25,671        (2,862

Coverage ratio (2) / (1)

     83.93     86.98     (3.05 )% 

 

(3) Coverage Ratio

 

     (in millions of yen)  
Category    Loan amount (A)     Allowance for
credit losses (B)
    Covered by
collateral and/or
guarantees (C)
    Coverage ratio for
unsecured portion
(B) /  [(A) - (C)]
    Coverage ratio
[(B) + (C)] / (A)
 

Bankrupt or De facto Bankrupt

     2,432        14        2,417        100.00     100.00
     [2,459     [15     [2,444     [100.00 %]      [100.00 %] 

Doubtful

     23,935        6,529        12,252        55.89     78.47
     [25,149     [8,213     [11,922     [62.09 %]      [80.06 %] 

Special Attention

     12,631        3,381        8,138        75.24     91.19
     [16,675     [4,622     [11,305     [86.07 %]      [95.51 %] 

Total

     38,999        9,925        22,809        61.30     83.93
     [44,284     [12,851     [25,671     [69.04 %]      [86.98 %] 

 

Note: The upper figures are as of September 30, 2014. The lower figures with brackets are as of March 31, 2014.

 

(4) Classified by Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     As of
March 31, 2014
(B)
     Increase
(Decrease)
(A) - (B)
 

Domestic

     36,754         41,529         (4,774

Manufacturing

     10,594         12,487         (1,892

Construction

     729         744         (15

Wholesale and retail

     2,061         2,172         (111

Finance and insurance

     286         1,628         (1,341

Real estate

     13,988         14,815         (827

Goods rental and leasing

     —           —           —     

Services

     581         900         (319

Other industries

     1,007         1,029         (22

Consumer

     7,505         7,750         (245

Overseas

     2,245         2,755         (509

Financial institutions

     —           —           —     

Commercial and industrial

     2,233         2,741         (508

Other

     12         13         (0
  

 

 

    

 

 

    

 

 

 

Total

     38,999         44,284         (5,284
  

 

 

    

 

 

    

 

 

 

 

20


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated: Trust Account

“Trust account” represents trust account with contracts indemnifying the principal amounts.

(1)    Non Performing Loans

 

                 (in millions of yen)  
                 As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Bankrupt or De facto Bankrupt

         20        70        (50

Doubtful

         110        723        (612

Special Attention

         894        811        82   

Non Performing Loans (1)

         1,025        1,606        (581
      

 

 

   

 

 

   

 

 

 

Normal

         27,915        30,176        (2,261
      

 

 

   

 

 

   

 

 

 

Total

         28,940        31,782        (2,842
      

 

 

   

 

 

   

 

 

 

Non Performing Loans / Total

         3.54     5.05     (1.51 )% 
(2)    Status of Coverage of Non Performing Loans   
                 (in millions of yen)  
                 As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Covered amount (2)

         763        1,301        (538

Allowance for credit losses

         —          —          —     

Collateral, guarantees, etc.

         763        1,301        (538

Coverage ratio (2) / (1)

         74.44     81.04     (6.59 )% 

 

(3)    Coverage Ratio

 

          
     (in millions of yen)  

Category

   Loan amount (A)     Allowance for
credit  losses (B)
    Covered by
collateral  and/or
guarantees (C)
    Coverage ratio  for
unsecured portion
(B) / [(A) - (C)]
    Coverage ratio
[(B)  + (C)] / (A)
 

Bankrupt or De facto Bankrupt

     20        —          20          100.00
     [70     [—       [70       [100.00 %] 

Doubtful

     110        —          85          77.58
     [723     [—       [654       [90.48 %] 

Special Attention

     894        —          657          73.48
     [811     [—       [576       [70.98 %] 

Total

     1,025        —          763          74.44
     [1,606     [—       [1,301       [81.04 %] 
          

Note:  The upper figures are as of September 30, 2014. The lower figures with brackets are as of March 31, 2014.

 

(4)    Classified by Industry

 

     

  

 
                 (in millions of yen)  
                 As of
September 30, 2014
(A)
    As of
March 31, 2014
(B)
    Increase
(Decrease)
(A) - (B)
 

Domestic

         1,025        1,606        (581

Manufacturing

         —          —          —     

Construction

         —          —          —     

Wholesale and retail

         —          —          —     

Finance and insurance

         —          —          —     

Real estate

         800        814        (14

Goods rental and leasing

         —          —          —     

Services

         —          —          —     

Other industries

         —          —          —     

Consumer

         224        791        (566
      

 

 

   

 

 

   

 

 

 

Total

         1,025        1,606        (581
      

 

 

   

 

 

   

 

 

 

 

21


Mitsubishi UFJ Financial Group, Inc.

 

Overview of Non-Performing Loans

BTMU and MUTB Combined

 

(in billions of yen)
Self-Assessment       

Coverage 

ratio for 

unsecured 

portion 

      

Non-Performing Loans 

Based on the “FRL” 

            Risk-Monitored Loans 

Category of
Borrowers

  Classification              
  Non-
Classification 
  Classification 
II
  Classification 
III
  Classification 
IV
             
                           
                 

Bankrupt
Borrowers

 

  [87.1]   [0.8]  

 

[0.7]

 

(*1)

     

 

100.00%

     

i) Bankrupt or

De facto Bankrupt

 

[88.7]

     

Loans to bankrupt borrowers

 

[18.3]

 

 

Substantially
Bankrupt
Borrowers

 

                   

Non-accrual

delinquent loans

 

[717.3]

 

Potentially
Bankrupt
Borrowers

 

  [333.0]   [332.5]           55.51%      

ii) Doubtful

 

[665.6]

     
               

Borrowers
Requiring
Caution
(Special
Attention
Borrowers)

 

  [454.4]           51.84%      

iii) Special Attention

 

[454.4]

     

Accruing loans contractually past due

3 months or more

 

[56.5]

 

                         

 

Restructured loans

 

[397.9]

 

           
                             
           

Borrowers
Requiring
Caution
(Other
Borrowers)

 

                 

iv) Normal

 

[100,666.4]

 

 

         

 

Normal
Borrowers

 

                         
   
                Non-Performing Loans Based on the “FRL”       Risk-Monitored Loans
                i) + ii) + iii)      
                1,208.8       1,190.2
                Total      
                i) + ii) + iii) + iv)      
                101,875.3      

 

(*1) “Customers’ liabilities for acceptances and guarantees” in Classification IV are fully reserved.

 

22


Mitsubishi UFJ Financial Group, Inc.

 

9. Progress in Disposition of Problem Assets

BTMU Non-consolidated

 

(1) Bankrupt or De facto Bankrupt and Doubtful Assets Based on the “FRL”

 

     (in millions of yen)  
     As of
March 31, 2012
     As of
March 31, 2013
     As of
March 31, 2014
(A)
     As of
September 30, 2014
(B)
     (B) - (A)  

Assets newly categorized during fiscal 2011

     393,988         281,203         164,748         133,536         (31,212

Assets newly categorized during fiscal 2012

        340,637         204,404         121,387         (83,017

Assets newly categorized during fiscal 2013

           195,312         155,052         (40,260

Assets newly categorized during fiscal 2014

              57,799      

 

(2) Progress in Disposition of Problem Assets

 

     (in millions of yen)  
     For the first half of the fiscal year ended  September 30, 2014  
            Bankrupt or
De facto Bankrupt
     Doubtful  

Liquidation

     3,100         ——           ——     

Reconstructive treatment

     11,682         ——           ——     

Upgrade due to reconstructive treatment

     4,703         ——           ——     

Loan sold to secondary market

     4,208         ——           ——     

Write-offs

     22,625         ——           ——     

Others

     197,383         ——           ——     

Collection / Repayment

     69,939         ——           ——     

Upgrade

     127,443         ——           ——     
  

 

 

    

 

 

    

 

 

 

Total

     243,704         22,181         221,522   
  

 

 

    

 

 

    

 

 

 

Amount in process for disposition

     80,936         

 

Note: The process for disposition consists of legal liquidation, quasi-legal liquidation, company splits to good companies and bad companies, partial direct write-offs of retail exposure to individuals and small/medium-sized companies, and trusts to The Resolution and Collection Corporation mainly for the purpose of revitalization of companies, which are scheduled to be off-balanced before their maturities.

 

23


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated including Trust Account

“Trust account” represents trust account with contracts indemnifying the principal amounts.

 

(1) Bankrupt or De facto Bankrupt and Doubtful Assets Based on the “FRL”

 

    (in millions of yen)  
    As of
March 31, 2012
    As of
March 31, 2013
    As of
March 31, 2014
(A)
    As of
September 30, 2014
(B)
    (B) - (A)  

Assets newly categorized during fiscal 2011

    27,155        17,759        2,252        2,184        (67

Assets newly categorized during fiscal 2012

      15,711        8,784        6,574        (2,209

Assets newly categorized during fiscal 2013

        6,315        3,763        (2,551

Assets newly categorized during fiscal 2014

          3,687     

 

(2) Progress in Disposition of Problem Assets

 

     (in millions of yen)  
     For the first half of the fiscal year ended September  30, 2014  
            Bankrupt or
De facto Bankrupt
     Doubtful  

Liquidation

     —           ——           ——     

Reconstructive treatment

     —           ——           ——     

Upgrade due to reconstructive treatment

     —           ——           ——     

Loan sold to secondary market

     —           ——           ——     

Write-offs

     1         ——           ——     

Others

     5,590         ——           ——     

Collection / Repayment

     4,914         ——           ——     

Upgrade

     676         ——           ——     
  

 

 

    

 

 

    

 

 

 

Total

     5,591         215         5,375   
  

 

 

    

 

 

    

 

 

 

Amount in process for disposition

     2,729         

 

Note: The process for disposition consists of legal liquidation, quasi-legal liquidation, company splits to good companies and bad companies, partial direct write-offs of retail exposure to individuals and small/medium-sized companies, and trusts to The Resolution and Collection Corporation mainly for the purpose of revitalization of companies, which are scheduled to be off-balanced before their maturities.

 

24


Mitsubishi UFJ Financial Group, Inc.

 

10. Loans Classified by Type of Industry, Domestic Consumer Loans, Domestic Loans to Small/Medium-Sized Companies and Proprietors

BTMU and MUTB Combined including Trust Accounts

(1)    Loans Classified by Type of Industry

 

     (in millions of yen)  
     As of
September 30, 2014

(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Domestic offices (excluding loans booked at offshore markets)

     67,786,568        (1,151,776     68,938,344   

Manufacturing

     10,215,674        623,563        9,592,111   

Agriculture, forestry, fishery, mining, quarrying of stone and gravel

     160,285        3,699        156,586   

Construction

     870,812        34,087        836,725   

Utilities

     1,713,578        16,054        1,697,524   

Communication and information services

     1,293,595        34,941        1,258,654   

Transport and postal activities

     2,181,047        (57,613     2,238,660   

Wholesale and retail

     6,463,680        (228,740     6,692,420   

Finance and insurance

     7,812,077        (242,001     8,054,078   

Real estate

     8,725,621        (178,237     8,903,858   

Goods rental and leasing

     1,561,582        15,135        1,546,447   

Services

     2,629,602        (58,111     2,687,713   

Municipal government

     709,917        (83,314     793,231   

Other industries (including loans to the Japanese government)

     23,449,083        (1,031,241     24,480,324   

Overseas offices and loans booked at offshore markets

     24,277,570        1,712,070        22,565,499   
  

 

 

   

 

 

   

 

 

 

Total

     92,064,138        560,294        91,503,844   
  

 

 

   

 

 

   

 

 

 

 

(2)    Domestic Consumer Loans

 

      
     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Total domestic consumer loans

     16,741,672        (355,324     17,096,997   

Housing loans

     15,977,633        (370,069     16,347,702   

Residential purpose

     13,443,880        (104,571     13,548,451   

Other

     764,039        14,744        749,294   

 

(3)    Domestic Loans to Small/Medium-Sized Companies and Proprietors

 

      
     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Outstanding amount

     38,276,757        (474,130     38,750,887   

% to total domestic loans

     56.46     0.25     56.21

 

25


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Non-consolidated

 

(1) Loans Classified by Type of Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Domestic offices (excluding loans booked at offshore markets)

     57,554,839        (1,024,351     58,579,191   

Manufacturing

     8,106,809        617,362        7,489,447   

Agriculture, forestry, fishery, mining, quarrying of stone and gravel

     155,590        3,839        151,751   

Construction

     739,693        9,618        730,075   

Utilities

     1,285,730        14,805        1,270,925   

Communication and information services

     1,036,229        62,093        974,136   

Transport and postal activities

     1,541,689        (39,640     1,581,329   

Wholesale and retail

     5,517,037        (144,909     5,661,946   

Finance and insurance

     6,070,828        (146,103     6,216,931   

Real estate

     6,870,334        (191,543     7,061,877   

Goods rental and leasing

     977,091        (908     977,999   

Services

     2,440,603        (59,305     2,499,908   

Municipal government

     697,383        (81,382     778,765   

Other industries (including loans to the Japanese government)

     22,115,823        (1,068,279     23,184,102   

Overseas offices and loans booked at offshore markets

     22,422,609        1,506,790        20,915,819   
  

 

 

   

 

 

   

 

 

 

Total

     79,977,449        482,439        79,495,010   
  

 

 

   

 

 

   

 

 

 

 

(2)    Domestic Consumer Loans

 

       

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Total domestic consumer loans

     15,473,195        (363,914     15,837,110   

Housing loans

     14,716,405        (379,226     15,095,632   

Residential purpose

     12,387,203        (127,033     12,514,237   

Other

     756,789        15,312        741,477   

 

(3)    Domestic Loans to Small/Medium-Sized Companies and Proprietors

 

       

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Outstanding amount

     33,354,200        (437,022     33,791,222   

% to total domestic loans

     57.95     0.26     57.68

 

26


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

(1) Loans Classified by Type of Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Domestic offices (excluding loans booked at offshore markets)

     10,131,046        (128,429     10,259,475   

Manufacturing

     2,108,865        6,201        2,102,664   

Agriculture, forestry, fishery, mining, quarrying of stone and gravel

     4,695        (140     4,835   

Construction

     131,119        24,469        106,650   

Utilities

     427,848        1,249        426,599   

Communication and information services

     257,366        (27,152     284,518   

Transport and postal activities

     636,299        (17,937     654,236   

Wholesale and retail

     946,643        (83,831     1,030,474   

Finance and insurance

     1,741,249        (95,898     1,837,147   

Real estate

     1,844,300        14,297        1,830,003   

Goods rental and leasing

     584,491        16,043        568,448   

Services

     188,992        1,197        187,795   

Municipal government

     7,040        (1,903     8,943   

Other industries (including loans to the Japanese government)

     1,252,128        34,975        1,217,153   

Overseas offices and loans booked at offshore markets

     1,854,960        205,280        1,649,679   
  

 

 

   

 

 

   

 

 

 

Total

     11,986,006        76,850        11,909,155   
  

 

 

   

 

 

   

 

 

 

(2)    Domestic Consumer Loans

       

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Total domestic consumer loans

     1,256,053        9,751        1,246,302   

Housing loans

     1,248,947        10,286        1,238,661   

Residential purpose

     1,045,660        23,510        1,022,150   

Other

     7,106        (534     7,641   

(3)    Domestic Loans to Small/Medium-Sized Companies and Proprietors

       

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Outstanding amount

     4,830,429        (38,177     4,868,606   

% to total domestic loans

     47.67     0.22     47.45

 

27


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated: Trust Accounts

 

(1) Loans Classified by Type of Industry

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Domestic offices (excluding loans booked at offshore markets)

     100,681        1,004        99,677   

Manufacturing

     —          —          —     

Agriculture, forestry, fishery, mining, quarrying of stone and gravel

     —          —          —     

Construction

     —          —          —     

Utilities

     —          —          —     

Communication and information services

     —          —          —     

Transport and postal activities

     3,059        (36     3,095   

Wholesale and retail

     —          —          —     

Finance and insurance

     —          —          —     

Real estate

     10,987        (991     11,978   

Goods rental and leasing

     —          —          —     

Services

     7        (3     10   

Municipal government

     5,494        (29     5,523   

Other industries (including loans to the Japanese government)

     81,132        2,063        79,069   

Overseas offices and loans booked at offshore markets

     —          —          —     
  

 

 

   

 

 

   

 

 

 

Total

     100,681        1,004        99,677   
  

 

 

   

 

 

   

 

 

 

(2)    Domestic Consumer Loans

       

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Total domestic consumer loans

     12,423        (1,160     13,584   

Housing loans

     12,280        (1,128     13,409   

Residential purpose

     11,016        (1,047     12,064   

Other

     143        (32     175   

(3)    Domestic Loans to Small/Medium-Sized Companies and Proprietors

       

     (in millions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Outstanding amount

     92,128        1,069        91,059   

% to total domestic loans

     91.50     0.15     91.35

 

28


Mitsubishi UFJ Financial Group, Inc.

 

11. Overseas Loans

BTMU and MUTB Combined

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Asia

     7,858,748         759,532        7,099,216   

Thailand

     1,089,324         135,441        953,883   

Indonesia

     894,335         130,749        763,586   

Malaysia

     470,069         87,975        382,093   

Philippines

     177,909         12,037        165,872   

South Korea

     451,201         (19,740     470,942   

Singapore

     1,266,495         67,755        1,198,740   

Hong Kong

     1,950,187         181,485        1,768,701   

China

     172,803         18,785        154,017   

Taiwan

     328,558         56,864        271,693   

Others

     1,057,861         88,176        969,684   

Latin America

     3,379,274         465,767        2,913,506   

Argentina

     14,044         3,332        10,712   

Brazil

     539,455         121,085        418,369   

Mexico

     252,944         58,090        194,853   

Caribbean countries

     2,142,433         235,049        1,907,384   

Others

     430,397         48,209        382,188   

North America

     5,766,905         356,996        5,409,909   

United States of America

     5,487,954         346,203        5,141,751   

Canada

     278,951         10,793        268,158   

Western Europe

     4,609,193         205,254        4,403,939   

United Kingdom

     1,702,429         152,053        1,550,376   

Germany

     458,336         37,776        420,559   

France

     401,840         19,861        381,979   

Netherlands

     693,380         39,337        654,042   

Spain

     212,815         (59,603     272,419   

Italy

     252,316         3,597        248,718   

Others

     888,075         12,231        875,844   

Eastern Europe

     479,801         (55,854     535,655   

Others

     3,534,568         64,382        3,470,186   
  

 

 

    

 

 

   

 

 

 

Total

     25,628,492         1,796,078        23,832,414   
  

 

 

    

 

 

   

 

 

 

 

Note: In addition to the (non-consolidated basis) loan balance stated above, four major overseas subsidiaries have the following loan balances in the consolidated financial statements.
     MUFG Americas Holdings Corporation : ¥7,243,746 million (a 136,910 million yen increase as compared with March 31, 2014.)
     Bank of Ayudhya Public Company Limited : ¥2,087,690 million (a 20,446 million yen increase as compared with March 31, 2014.)
     Bank of Tokyo-Mitsubishi UFJ (China), Ltd. : ¥1,333,360 million (a 84,505 million yen decrease as compared with March 31, 2014.)
     Bank of Tokyo-Mitsubishi UFJ (Holland) N.V. : ¥648,451 million (a 101,116 million yen decrease as compared with March 31, 2014.)

 

29


Mitsubishi UFJ Financial Group, Inc.

 

12. Loans and Deposits

BTMU and MUTB Combined

 

     (in millions of yen)  
     As of
September 30,  2014

(A)
     Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Deposits (ending balance)

     131,749,071         (372,593     132,121,665   

Deposits (average balance)

     130,310,701         4,041,041        126,269,660   

Loans (ending balance)

     91,963,456         559,289        91,404,166   

Loans (average balance)

     92,979,825         3,990,185        88,989,640   

BTMU Non-consolidated

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Deposits (ending balance)

     119,175,824         (460,698     119,636,522   

Deposits (average balance)

     117,793,513         3,900,738        113,892,775   

Loans (ending balance)

     79,977,449         482,439        79,495,010   

Loans (average balance)

     81,147,212         3,544,520        77,602,691   

MUTB Non-consolidated

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     Increase
(Decrease)
(A) - (B)
     As of
March 31, 2014
(B)
 

Deposits (ending balance)

     12,573,246         88,104         12,485,142   

Deposits (average balance)

     12,517,188         140,303         12,376,884   

Loans (ending balance)

     11,986,006         76,850         11,909,155   

Loans (average balance)

     11,832,613         445,664         11,386,949   

 

30


Mitsubishi UFJ Financial Group, Inc.

 

13. Domestic Deposits

BTMU and MUTB Combined

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     Increase
(Decrease)
(A) - (B)
    As of
March 31,  2014
(B)
 

Individuals

     69,286,340         419,046        68,867,293   

Corporations and others

     45,157,533         (567,039     45,724,572   

Domestic deposits

     114,443,873         (147,992     114,591,866   

 

Note: Amounts do not include negotiable certificates of deposit and JOM accounts.

BTMU Non-consolidated

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     Increase
(Decrease)
(A) - (B)
    As of
March 31,  2014
(B)
 

Individuals

     61,044,694         476,273        60,568,421   

Corporations and others

     42,049,237         (633,576     42,682,813   

Domestic deposits

     103,093,931         (157,303     103,251,234   

 

Note: Amounts do not include negotiable certificates of deposit and JOM accounts.

MUTB Non-consolidated

 

     (in millions of yen)  
     As of
September 30, 2014
(A)
     Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Individuals

     8,241,646         (57,226     8,298,872   

Corporations and others

     3,108,296         66,537        3,041,758   

Domestic deposits

     11,349,942         9,310        11,340,631   

 

Note: Amounts do not include negotiable certificates of deposit and JOM accounts.

 

31


Mitsubishi UFJ Financial Group, Inc.

 

14. Status of Deferred Tax Assets

BTMU Non-consolidated

 

(1) Tax Effects of the Items Comprising Net Deferred Tax Assets

 

     (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Deferred tax assets

     588.0        0.4        587.6   

Allowance for credit losses

     268.7        (25.3     294.1   

Write-down on investment securities

     122.0        (7.1     129.2   

Unrealized losses on other securities

     21.9        (5.3     27.2   

Reserve for retirement benefits

     115.8        21.3        94.4   

Other

     227.2        1.3        225.9   

Valuation allowance

     (167.7     15.5        (183.3

Deferred tax liabilities

     912.8        255.7        657.0   

Unrealized gains on other securities

     687.4        216.6        470.7   

Net deferred gains on hedges

     62.8        38.6        24.1   

Revaluation gains on securities upon merger

     73.3        2.6        70.6   

Gains on securities contributed to employee retirement benefits trust

     58.0        0.0        58.0   

Other

     31.2        (2.2     33.4   

Net deferred tax assets

     (324.7     (255.3     (69.3

 

(2) Net business profits before provision for general allowance for credit losses and Taxable Income

 

     (in billions of yen)  
     FY2009     FY2010     FY2011     FY2012     FY2013     Interim FY2014  

Net business profits before provision for general allowance for credit losses

     863.1        1,006.5        1,022.8        1,001.5        855.9        490.6   

Total credit costs

     (337.8     (166.1     (125.3     (56.6     17.0        66.9   

Income before income taxes

     460.1        674.4        739.5        877.4        984.7        511.0   

Reconciliation to taxable income

     (3.7     (24.0     (305.1     (561.4     (336.2     (108.3

Taxable income

     456.3        650.3        434.3        316.0        648.5        402.6   

 

(3) Classification Based on Prior Year Operating Results as Provided in the JICPA Audit Committee Report No.66

We are classified as “2” because we are considered to be a company showing stable financial performance.

 

32


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

(1) Tax Effects of the Items Comprising Net Deferred Tax Assets

 

     (in billions of yen)  
     As of
September 30, 2014
(A)
    Increase
(Decrease)
(A) - (B)
    As of
March 31, 2014
(B)
 

Deferred tax assets

     49.0        6.8        42.2   

Gains on securities related to employees’ retirement benefits trust

     15.1        0.6        14.5   

Deferred losses on hedging instruments

     15.1        4.9        10.2   

Write-down on investment securities

     12.4        (1.3     13.7   

Allowance for credit losses

     12.4        (2.1     14.5   

Other

     37.0        2.0        34.9   

Valuation allowance

     (43.1     2.6        (45.8

Deferred tax liabilities

     272.6        68.9        203.6   

Unrealized gains on other securities

     221.0        67.5        153.4   

Reserve for retirement benefits

     39.4        1.7        37.6   

Other

     12.1        (0.3     12.5   

Net deferred tax assets

     (223.5     (62.1     (161.4

 

(2) Net business profits before credit costs for trust accounts and provision for general allowance for credit losses and Taxable Income

 

     (in billions of yen)  
     FY2009     FY2010     FY2011     FY2012     FY2013     Interim FY2014  

Net business profits before credit costs for trust accounts and provision for general allowance for credit losses

     110.2        150.4        148.1        162.2        162.9        88.9   

Total credit costs

     (23.7     (8.0     (9.2     (8.6     18.0        9.3   

Income before income taxes

     52.0        101.9        113.5        173.5        184.4        105.5   

Reconciliation to taxable income

     23.3        (80.1     (30.2     (84.9     (94.3     (27.5

Taxable income

     75.3        21.7        83.3        88.6        90.1        77.9   

 

(3) Classification Based on Prior Year Operating Results as Provided in the JICPA Audit Committee Report No.66

We are classified as “2” because we are considered to be a company showing stable financial performance.

 

33


Mitsubishi UFJ Financial Group, Inc.

 

(Reference)

1. Exposure to “Securitized Products and Related Investments”

Our exposure to securitized products and related investments as of the end of September 2014 is outlined below. (Figures are on a managerial basis and rounded off to billion yen or to the second decimal point of trillion yen)

[Balance, net unrealized gains (losses), realized gains (losses)]

 

   

The balance as of the end of September 2014 was ¥3.03 trillion in total, an increase of ¥0.10 trillion from the balance as of the end of March 2014, mainly due to increases in CLOs, other securitized product and CMBS.

 

   

Net unrealized losses were ¥15 billion, improved by ¥13 billion compared to the end of March 2014.

 

   

P/L impact for the quarter ended September 30, 2014 was limited (¥(0.3) billion).

 

          (¥bn)  
                                    of which securities  being
held to maturity2
 
          Balance1      Change from
end of  March 2014
    Net unrealized
gains (losses)
    Change from
end of  March 2014
     Balance      Net unrealized
gains (losses)
 

1

   RMBS      22         (2     4        0         0         0   

2

  

Sub-prime RMBS

     0         0        0        0         0         0   

3

   CMBS      394         11        (9     4         200         (6

4

   CLOs      2,550         79        (12     8         1,785         (7

5

   Other securitized products (card, etc.)      67         14        2        1         19         0   

6

   CDOs      0         0        0        0         0         0   

7

  

Sub-prime ABS CDOs

     0         0        0        0         0         0   

8

   SIV      0         0        0        0         0         0   
     

 

 

    

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

9

   Total      3,033         103        (15     13         2,004         (13
     

 

 

    

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

 

1. Balance is the amount after impairment and before deducting net unrealized gains (losses).
   The above table does not include mortgage-backed securities arranged and guaranteed by U.S. government sponsored enterprises, etc., Japanese RMBS such as Japanese Housing Finance Agency securities, and products held by funds such as investment trusts. These are also applicable to the tables in this document.
2. Following the publication of “Tentative Solution on Reclassification of Debt Securities” (Practical Issue Task Force No.26, The Accounting Standards Board of Japan, December 5, 2008), some of our securitized products were reclassified into “securities being held to maturity” from “securities available for sale” at and after the end of January 2009. The balance and net unrealized gains (losses) of the securities being held to maturity in the above table are based on book value before reclassification.

[Distribution by rating]

 

   

AAA-rated products accounted for 85% of our investments in securitized products as of the end of September 2014, an increase of 5 percentage point compared with the end of March 2014, mainly due to an increase in highly rated CLOs.

 

   

AAA and AA-rated products accounted for 98% of our investments in securitized products.

 

          (¥bn)  
          AAA     AA     A     BBB     BB or
lower
    Unrated     Total  

10

   RMBS      2        3        0        11        5        0        22   

11

  

Sub-prime RMBS

     0        0        0        0        0        0        0   

12

   CMBS      166        228        0        0        0        0        394   

13

   CLOs      2,386        149        13        3        0        0        2,550   

14

   Other securitized products (card, etc.)      21        22        0        0        0        23        67   

15

   CDOs      0        0        0        0        0        0        0   

16

  

Sub-prime ABS CDOs

     0        0        0        0        0        0        0   

17

   SIV      0        0        0        0        0        0        0   
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

18

   Total      2,575        402        13        14        6        23        3,033   
     

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

19

   Percentage of total      85     13     0     0     0     1     100

20

   Percentage of total (End of March 2014)      80     18     1     1     0     0     100

 

34


Mitsubishi UFJ Financial Group, Inc.

 

[Credit exposure related to leveraged loan (LBO loan)]

 

   

We are not engaged in origination or distribution of securitized products relating to LBO loans, and therefore, there is no balance of LBO loans for securitization.

 

   

The following table shows the balances of LBO loans as of the end of September 2014.

 

          (¥bn)  
          Americas      Europe      Asia      Japan      Total      Change from
end of  March 2014
 

21

  

LBO Loan3 (Balance on a commitment basis)

     20         118         0         233         372         36   

22

  

Balance on a booking basis

     8         89         0         209         306         29   

3 Includes balance after refinancing. (Figures are rounded off.)

[Special Purpose Entities (SPEs)]

 

   

We are engaged in sponsoring ABCP issuance for securitizing our clients’ assets.

 

   

The balance of assets purchased by ABCP conduits (special purpose companies for issuing ABCP) as of the end of September 2014 was ¥4.11 trillion (including ¥1.91 trillion in overseas).

 

   

The purchased assets are mainly receivables and they do not include residential mortgages.

End

 

<Terminology>

 

RMBS

  :    Asset-backed securities collateralized by residential mortgages

CMBS

  :    Asset-backed securities collateralized by commercial mortgages

CLOs

  :    Collateralized loan obligations backed by whole commercial loans, revolving credit facilities, or letters of credit

CDOs

  :    Structured credit securities backed by a pool of securities, loans, or credit default swaps

ABS CDOs

  :    Collateralized debt obligations backed by asset backed securities

SIVs

  :    Investment companies established mainly for gaining profit margin by raising funds through subordinated notes and short-term CPs, etc. and investing in relatively long-term securitized products and bonds, etc.

LBO Loans

  :    Loans collateralized by assets and/or future cash flows of an acquired company

ABCP

  :    Commercial papers issued by a Special Purposed Company (SPC) collateralized by receivables

 

 

 

35


Mitsubishi UFJ Financial Group, Inc.

 

2. Financial Statements

BTMU Non-consolidated

 

(1) Non-consolidated Balance Sheets

 

(in millions of yen)    As of
March 31,  2014
    As of
September 30,  2014
 

Assets:

    

Cash and due from banks

     20,351,570        25,416,611   

Call loans

     250,480        276,381   

Receivables under resale agreements

     408,020        235,510   

Receivables under securities borrowing transactions

     2,692,329        517,951   

Monetary claims bought

     3,167,447        3,432,264   

Trading assets

     4,820,098        4,999,386   

Money held in trust

     61,589        69,259   

Securities

     56,790,753        54,659,402   

Loans and bills discounted

     79,495,010        79,977,449   

Foreign exchanges

     1,969,809        2,201,223   

Other assets

     4,954,602        5,709,481   

Tangible fixed assets

     863,197        862,855   

Intangible fixed assets

     390,164        398,410   

Prepaid pension costs

     273,812        220,246   

Customers’ liabilities for acceptances and guarantees

     5,854,841        6,541,040   

Allowance for credit losses

     (651,662     (540,830
  

 

 

   

 

 

 

Total assets

     181,692,063        184,976,644   
  

 

 

   

 

 

 

 

36


Mitsubishi UFJ Financial Group, Inc.

 

(in millions of yen)    As of
March 31, 2014
    As of
September 30, 2014
 

Liabilities:

    

Deposits

     119,636,522        119,175,824   

Negotiable certificates of deposit

     10,507,938        11,550,513   

Call money

     1,774,023        1,939,207   

Payables under repurchase agreements

     10,273,695        7,495,921   

Payables under securities lending transactions

     2,048,950        1,444,419   

Commercial papers

     940,728        1,137,589   

Trading liabilities

     3,323,941        4,121,999   

Borrowed money

     9,505,089        11,082,563   

Foreign exchanges

     1,070,165        1,310,267   

Bonds payable

     4,202,748        4,587,900   

Other liabilities

     2,867,300        4,315,879   

Reserve for bonuses

     17,704        17,561   

Reserve for bonuses to directors

     147        47   

Reserve for retirement benefits

     7,238        7,861   

Reserve for loyalty award credits

     1,121        1,335   

Reserve for contingent losses

     42,057        66,171   

Deferred tax liabilities

     69,390        324,782   

Deferred tax liabilities for land revaluation

     149,763        149,353   

Acceptances and guarantees

     5,854,841        6,541,040   
  

 

 

   

 

 

 

Total liabilities

     172,293,369        175,270,241   
  

 

 

   

 

 

 

Net assets:

    

Capital stock

     1,711,958        1,711,958   

Capital surplus

     3,878,275        3,878,275   

Capital reserve

     1,711,958        1,711,958   

Other capital surplus

     2,166,317        2,166,317   

Retained earnings

     2,907,680        3,087,366   

Revenue reserve

     190,044        190,044   

Other retained earnings

     2,717,635        2,897,322   

Funds for retirement benefits

     2,432        2,432   

Other reserve

     718,196        718,196   

Earned surplus brought forward

     1,997,006        2,176,693   

Treasury stock

     (255,700     (645,700
  

 

 

   

 

 

 

Total shareholders’ equity

     8,242,213        8,031,900   
  

 

 

   

 

 

 

Net unrealized gains (losses) on other securities

     889,003        1,337,899   

Net deferred gains (losses) on hedging instruments

     42,858        112,725   

Land revaluation excess

     224,619        223,878   
  

 

 

   

 

 

 

Total valuation and translation adjustments

     1,156,480        1,674,503   
  

 

 

   

 

 

 

Total net assets

     9,398,694        9,706,403   
  

 

 

   

 

 

 

Total liabilities and net assets

     181,692,063        184,976,644   
  

 

 

   

 

 

 

 

37


Mitsubishi UFJ Financial Group, Inc.

 

BTMU Non-consolidated

 

(2) Non-consolidated Statements of Income

 

(in millions of yen)    For the six months
ended
September 30, 2013
     For the six months
ended
September 30, 2014
 

Ordinary income

     1,431,853         1,496,665   

Interest income

     734,411         801,444   

Interest on loans and bills discounted

     482,715         490,208   

Interest and dividends on securities

     197,739         244,386   

Fees and commissions

     299,646         323,680   

Trading income

     54,046         55,939   

Other business income

     216,245         196,847   

Other ordinary income

     127,502         118,752   

Ordinary expenses

     976,685         949,412   

Interest expenses

     171,883         176,324   

Interest on deposits

     47,558         52,384   

Fees and commissions

     72,153         76,761   

Trading expenses

     1,197         628   

Other business expenses

     93,576         44,673   

General and administrative expenses

     562,291         602,862   

Other ordinary expenses

     75,582         48,161   
  

 

 

    

 

 

 

Ordinary profits

     455,168         547,253   
  

 

 

    

 

 

 

Extraordinary gains

     4,752         707   

Extraordinary losses

     29,391         36,919   
  

 

 

    

 

 

 

Income before income taxes

     430,529         511,041   
  

 

 

    

 

 

 

Income taxes-current

     115,148         138,988   

Income taxes-deferred

     45,418         17,594   
  

 

 

    

 

 

 

Total taxes

     160,567         156,582   
  

 

 

    

 

 

 

Net income

     269,962         354,458   
  

 

 

    

 

 

 

 

38


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

(1) Non-consolidated Balance Sheets

 

(in millions of yen)    As of
March 31,  2014
    As of
September 30,  2014
 

Assets:

    

Cash and due from banks

     1,480,594        4,433,816   

Call loans

     326,754        213,300   

Monetary claims bought

     15,603        9,668   

Trading assets

     316,744        373,115   

Money held in trust

     13,799        14,323   

Securities

     14,974,915        15,679,062   

Loans and bills discounted

     11,909,155        11,986,006   

Foreign exchanges

     7,742        21,204   

Other assets

     632,798        864,188   

Tangible fixed assets

     152,478        149,191   

Intangible fixed assets

     52,025        53,348   

Prepaid pension costs

     224,581        229,583   

Customers’ liabilities for acceptances and guarantees

     223,905        261,505   

Allowance for credit losses

     (36,821     (27,351
  

 

 

   

 

 

 

Total assets

     30,294,278        34,260,963   
  

 

 

   

 

 

 

 

39


Mitsubishi UFJ Financial Group, Inc.

 

(in millions of yen)    As of
March 31,  2014
    As of
September 30,  2014
 

Liabilities:

    

Deposits

     12,485,142        12,573,246   

Negotiable certificates of deposit

     4,904,701        5,355,071   

Call money

     720,541        1,184,444   

Payables under repurchase agreements

     4,756,689        4,872,177   

Payables under securities lending transactions

     1,344,692        2,972,730   

Commercial papers

     266,840        428,134   

Trading liabilities

     78,403        100,260   

Borrowed money

     1,235,202        1,452,987   

Foreign exchanges

     291        337   

Bonds payable

     430,292        476,000   

Due to trust accounts

     1,401,922        1,576,074   

Other liabilities

     446,504        789,022   

Reserve for bonuses

     4,415        4,222   

Reserve for bonuses to directors

     77        22   

Reserve for contingent losses

     12,641        7,395   

Deferred tax liabilities

     161,438        223,550   

Deferred tax liabilities for land revaluation

     5,262        5,211   

Acceptances and guarantees

     223,905        261,505   
  

 

 

   

 

 

 

Total liabilities

     28,478,966        32,282,396   
  

 

 

   

 

 

 

Net assets:

    

Capital stock

     324,279        324,279   

Capital surplus

     412,315        412,315   

Capital reserve

     250,619        250,619   

Other capital surplus

     161,695        161,695   

Retained earnings

     802,540        844,978   

Revenue reserve

     73,714        73,714   

Other retained earnings

     728,826        771,264   

Funds for retirement benefits

     710        710   

Other reserve

     138,495        138,495   

Earned surplus brought forward

     589,621        632,059   
  

 

 

   

 

 

 

Total shareholders’ equity

     1,539,134        1,581,572   
  

 

 

   

 

 

 

Net unrealized gains (losses) on other securities

     301,487        428,663   

Net deferred gains (losses) on hedging instruments

     (18,503     (27,408

Land revaluation excess

     (6,806     (4,260
  

 

 

   

 

 

 

Total valuation and translation adjustments

     276,177        396,994   
  

 

 

   

 

 

 

Total net assets

     1,815,312        1,978,567   
  

 

 

   

 

 

 

Total liabilities and net assets

     30,294,278        34,260,963   
  

 

 

   

 

 

 

 

40


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

(2) Non-consolidated Statements of Income

 

(in millions of yen)    For the six months
ended

September 30, 2013
     For the six months
ended

September 30, 2014
 

Ordinary income

     276,011         268,808   

Trust fees

     39,093         42,402   

Interest income

     101,188         114,163   

Interest on loans and bills discounted

     47,389         45,673   

Interest and dividends on securities

     51,629         65,577   

Fees and commissions

     59,107         60,424   

Trading income

     1,800         17,306   

Other business income

     49,276         8,225   

Other ordinary income

     25,544         26,286   

Ordinary expenses

     188,860         158,643   

Interest expenses

     28,797         30,894   

Interest on deposits

     11,945         10,919   

Fees and commissions

     13,355         14,934   

Trading expenses

     476         —     

Other business expenses

     47,876         16,559   

General and administrative expenses

     92,559         92,918   

Other ordinary expenses

     5,794         3,337   
  

 

 

    

 

 

 

Ordinary profits

     87,151         110,164   
  

 

 

    

 

 

 

Extraordinary gains

     270         18   

Extraordinary losses

     416         4,622   
  

 

 

    

 

 

 

Income before income taxes

     87,005         105,560   
  

 

 

    

 

 

 

Income taxes-current

     15,156         31,309   

Income taxes-deferred

     9,214         913   
  

 

 

    

 

 

 

Total taxes

     24,371         32,223   
  

 

 

    

 

 

 

Net income

     62,633         73,336   
  

 

 

    

 

 

 

 

41


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

(3)    Statements of Trust Assets and Liabilities

Including trust assets under service-shared co-trusteeship

 

(in millions of yen)    As of
March 31, 2014
     As of
September 30, 2014
 

Assets:

     

Loans and bills discounted

     99,677         100,681   

Securities

     55,572,673         55,425,604   

Beneficiary rights to the trust

     43,107,562         45,296,472   

Securities held in custody accounts

     2,979,912         3,428,319   

Monetary claims

     11,307,556         10,855,011   

Tangible fixed assets

     9,804,352         10,279,303   

Intangible fixed assets

     206,970         189,201   

Other claims

     5,202,507         4,885,529   

Call loans

     1,988,311         1,986,508   

Due from banking account

     1,945,120         2,492,369   

Cash and due from banks

     2,402,507         2,742,869   
  

 

 

    

 

 

 

Total

     134,617,151         137,681,871   
  

 

 

    

 

 

 

Liabilities:

     

Money trusts

     21,176,266         20,400,269   

Pension trusts

     13,945,101         14,883,047   

Property formation benefit trusts

     9,871         8,815   

Investment trusts

     42,523,279         44,821,745   

Money entrusted other than money trusts

     2,770,558         3,170,250   

Securities trusts

     5,070,063         4,999,110   

Monetary claim trusts

     11,298,129         10,564,297   

Equipment trusts

     34,924         38,099   

Land and fixtures trusts

     83,043         83,139   

Composite trusts

     37,705,915         38,713,095   
  

 

 

    

 

 

 

Total

     134,617,151         137,681,871   
  

 

 

    

 

 

 

 

Note: The table shown above includes master trust assets under the service-shared co-trusteeship between MUTB and The Master Trust Bank of Japan, Ltd.

Detailed information for “Money trust” with contracts indemnifying the principal amounts

(including trusts for which beneficiary interests are re-entrusted)

 

(in millions of yen)    As of
March 31,  2014
     As of
September 30,  2014
 

Assets:

     

Loans and bills discounted

     31,782         28,940   

Securities

     68,484         108,542   

Other

     1,226,192         1,415,629   
  

 

 

    

 

 

 

Total

         1,326,459             1,553,112   
  

 

 

    

 

 

 

Liabilities:

     

Principal

     1,324,411         1,532,345   

Allowance for bad debts

     95         86   

Other

     1,953         20,680   
  

 

 

    

 

 

 

Total

     1,326,459         1,553,112   
  

 

 

    

 

 

 

 

42


Mitsubishi UFJ Financial Group, Inc.

 

MUTB Non-consolidated

 

(4) Major Items

 

(in millions of yen)    As of
March 31,  2014
     As of
September 30,  2014
 

Total funds

     52,521,082         53,220,450   

Deposits

     12,485,142         12,573,246   

Negotiable certificates of deposit

     4,904,701         5,355,071   

Money trusts

     21,176,266         20,400,269   

Pension trusts

     13,945,101         14,883,047   

Property formation benefit trusts

     9,871         8,815   
  

 

 

    

 

 

 

Loans and bills discounted

     12,008,833         12,086,688   
  

 

 

    

 

 

 

Banking account

     11,909,155         11,986,006   

Trust account

     99,677         100,681   
  

 

 

    

 

 

 

Investment securities

     70,547,588         71,104,666   
  

 

 

    

 

 

 

 

Note: The table shown above includes master trust assets under the service-shared co-trusteeship between MUTB and The Master Trust Bank of Japan, Ltd.

 

43