Edgar Filing: MITSUBISHI UFJ FINANCIAL GROUP INC

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 2017

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):

THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM F-3 (NO. 333-209455) OF MITSUBISHI UFJ FINANCIAL GROUP, INC. AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.

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, 2017


Mitsubishi UFJ Financial Group, Inc.

By:		/s/ Zenta Morokawa
Name:		Zenta Morokawa
Title:		Chief Manager, Documentation & Corporate Secretary Department,
		Corporate Administration Division

LOGO

Consolidated Summary Report

<under Japanese GAAP>

for the six months ended September 30, 2017

November 14, 2017


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 & Group CEO
For inquiry:	Kazutaka Yoneda, General Manager - Financial Planning Division / Financial Accounting Office TEL (03) 3240-3110
Quarterly securities report issuing date: November 29, 2017		Dividend payment date:	December 5, 2017
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, 2017

(1) Results of Operations


	(% represents the change from the same period in the previous fiscal year)
	Ordinary Income					Ordinary Profits					Profits Attributable to Owners of Parent
Six months ended	million yen		%			million yen		%			million yen		%
September 30, 2017		3,068,191		10.4			864,020		8.7			626,940		27.8
September 30, 2016		2,779,372		(7.1	)		794,873		(18.0	)		490,530		(18.2	)

(*)	Comprehensive income

September 30, 2017: 863,593 million yen, - % ; September 30, 2016: (231,540) million yen, - %


	Basic earnings per share		Diluted earnings per share
Six months ended	yen		yen
September 30, 2017		47.00		46.86
September 30, 2016		35.93		35.82

(2) Financial Conditions


	Total Assets		Total Net Assets		*Equity-to-asset ratio ()**
As of	million yen		million yen		%
September 30, 2017		305,468,828		17,279,375		5.2
March 31, 2017		303,297,433		16,658,394		5.0

(Reference) Shareholders’ equity as of September 30, 2017: 15,869,893 million yen; March 31, 2017: 15,280,268 million yen

(*)

“Equity-to-asset ratio” is computed under the formula shown below

(Total net assets - Subscription rights to shares - Non-controlling 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, 2017		—		9.00		—		9.00		18.00
ending March 31, 2018		—		9.00		——		——		——
ending March 31, 2018 (Forecast)		——		——		—		9.00		18.00

(*)

Revision of forecasts for dividends on the presentation date of this Consolidated Summary Report : None

3. Earnings Target for the Fiscal Year ending March 31, 2018 (Consolidated)

MUFG has the target of 950.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2018. (There is no change to our earnings target released on May 15, 2017.)

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 profits attributable to owners of parent instead of a forecast of its performance.

ø 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: No

(B)

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

(C)

Changes in accounting estimates: No

(D)

Restatements: No

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


(A)	Total stocks outstanding including treasury stocks:	September 30, 2017	14,027,694,920 shares
		March 31, 2017	14,168,853,820 shares
(B)	Treasury stocks:	September 30, 2017	737,252,195 shares
		March 31, 2017	738,910,028 shares
(C)	Average outstanding stocks:	Six months ended September 30, 2017	13,339,150,519 shares
		Six months ended September 30, 2016	13,652,178,742 shares

* This “Consolidated Summary Report” (Quarterly “Tanshin”) is outside the scope of the external auditor’s interim audit procedure.

* Notes for using forecasted information etc.

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.

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. Consolidated Financial Statements and Notes			2

(1) Consolidated Balance Sheets			2

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income			4

(3) Consolidated Statements of Changes in Net Assets			6

(4) Notes on Going-Concern Assumption			8

Supplemental Information:

“Selected Financial Information under Japanese GAAP for the Six Months Ended September 30, 2017”

(*)	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, 2017 (Tuesday)

Explanation for investors and analysts:		November 21, 2017 (Tuesday)

Mitsubishi UFJ Financial Group, Inc.

1. Consolidated Financial Statements and Notes

(1)	Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2017		As of September 30, 2017
Assets:
Cash and due from banks		63,525,940		69,634,216
Call loans and bills bought		649,147		588,071
Receivables under resale agreements		8,066,973		6,556,425
Receivables under securities borrowing transactions		11,002,723		9,839,176
Monetary claims bought		4,707,868		4,451,918
Trading assets		21,046,367		18,789,047
Money held in trust		806,881		931,441
Securities		59,438,897		59,375,903
Loans and bills discounted		109,005,231		108,773,485
Foreign exchanges		2,083,530		2,094,201
Other assets		11,554,699		12,648,737
Tangible fixed assets		1,358,905		1,375,802
Intangible fixed assets		1,257,876		1,235,406
Net defined benefit assets		601,377		681,155
Deferred tax assets		126,231		92,388
Customers’ liabilities for acceptances and guarantees		9,022,130		9,243,396
Allowance for credit losses		(957,350)		(841,946)

Total assets		303,297,433		305,468,828

Liabilities:
Deposits		170,730,221		171,821,375
Negotiable certificates of deposit		11,341,571		11,761,760
Call money and bills sold		1,973,569		2,481,343
Payables under repurchase agreements		17,636,962		19,074,709
Payables under securities lending transactions		5,538,739		4,786,222
Commercial papers		2,307,222		2,730,352
Trading liabilities		17,700,617		14,216,919
Borrowed money		16,971,085		18,070,574
Foreign exchanges		1,970,980		2,037,028
Short-term bonds payable		847,999		861,599
Bonds payable		9,893,687		10,319,688
Due to trust accounts		9,893,881		9,494,282
Other liabilities		9,382,992		9,776,173
Reserve for bonuses		81,012		68,229
Reserve for bonuses to directors		598		270
Reserve for stocks payment		10,400		10,552
Net defined benefit liabilities		59,045		59,436
Reserve for retirement benefits to directors		1,128		942
Reserve for loyalty award credits		16,689		18,868
Reserve for contingent losses		384,868		362,275
Reserves under special laws		4,075		4,016
Deferred tax liabilities		745,073		865,944
Deferred tax liabilities for land revaluation		124,483		123,487
Acceptances and guarantees		9,022,130		9,243,396

Total liabilities		286,639,039		288,189,453

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2017		As of September 30, 2017
Net assets:
Capital stock		2,141,513		2,141,513
Capital surplus		1,412,087		1,313,107
Retained earnings		9,278,546		9,785,282
Treasury stock		(513,260)		(513,312)

Total shareholders’ equity		12,318,885		12,726,591

Net unrealized gains (losses) on available-for-sale securities		2,184,597		2,500,406
Net deferred gains (losses) on hedging instruments		125,684		96,698
Land revaluation excess		173,723		172,758
Foreign currency translation adjustments		558,339		433,186
Remeasurements of defined benefit plans		(65,098)		(40,241)
Debt value adjustments of foreign subsidiaries and affiliates		(15,863)		(19,507)

Total accumulated other comprehensive income		2,961,382		3,143,302

Subscription rights to shares		407		274
Non-controlling interests		1,377,719		1,409,207

Total net assets		16,658,394		17,279,375

Total liabilities and net assets		303,297,433		305,468,828

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, 2016		For the six months ended September 30, 2017
Ordinary income		2,779,372		3,068,191
Interest income		1,352,690		1,533,164
Interest on loans and bills discounted		866,315		998,388
Interest and dividends on securities		323,017		319,026
Trust fees		63,201		58,792
Fees and commissions		718,809		744,736
Trading income		152,009		157,699
Other operating income		224,510		244,724
Other ordinary income		268,151		329,074
Ordinary expenses		1,984,499		2,204,170
Interest expenses		377,622		559,557
Interest on deposits		129,594		195,251
Fees and commissions		99,321		107,570
Trading expenses		1,017		638
Other operating expenses		63,867		63,224
General and administrative expenses		1,277,017		1,340,012
Other ordinary expenses		165,653		133,166

Ordinary profits		794,873		864,020

Extraordinary gains		8,410		51,400
Gains on disposition of fixed assets		8,215		2,645
Reversal of reserve for contingent liabilities from financial instruments transactions		194		59
Gains on exchange of shares of affiliates		—		48,695
Extraordinary losses		64,842		47,043
Losses on disposition of fixed assets		5,087		4,876
Losses on impairment of fixed assets		4,069		22,597
Losses on change in equity		45,654		19,569
Losses on liquidation of equity securities of subsidiaries		5,266		—
Losses on exchange of shares of affiliates		4,538		—
Losses on sales of equity securities of subsidiaries		226		—

Profits before income taxes		738,440		868,377

Income taxes-current		145,032		161,188
Income taxes-deferred		33,440		29,380

Total taxes		178,473		190,568

Profits		559,967		677,809

Profits attributable to non-controlling interests		69,436		50,869

Profits attributable to owners of parent		490,530		626,940

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the six months ended September 30, 2016		For the six months ended September 30, 2017
Profits		559,967		677,809
Other comprehensive income
Net unrealized gains (losses) on available-for-sale securities		(53,741)		306,405
Net deferred gains (losses) on hedging instruments		27,734		(30,315)
Land revaluation excess		(15)		(6)
Foreign currency translation adjustments		(562,909)		(55,257)
Remeasurements of defined benefit plans		29,407		22,840
Share of other comprehensive income of associates accounted for using equity method		(231,983)		(57,881)

Total other comprehensive income		(791,507)		185,784

Comprehensive income		(231,540)		863,593

(Comprehensive income attributable to)
Comprehensive income attributable to owners of parent		(274,538)		809,817
Comprehensive income attributable to non-controlling interests		42,997		53,776

Mitsubishi UFJ Financial Group, Inc.

(3)	Consolidated Statements of Changes in Net Assets

For the six months ended September 30, 2016


	(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 available- for-sale securities						Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		2,141,513			1,425,637			8,587,578			(298,922	)		11,855,806			2,486,627						337,297
Cumulative effects due to revision of accounting standards for foreign subsidiaries and affiliates								8,464						8,464
Restated balance		2,141,513			1,425,637			8,596,043			(298,922	)		11,864,271			2,486,627						337,297
Changes during the period
Cash dividends								(124,116	)					(124,116	)
Profits attributable to owners of parent								490,530						490,530
Repurchase of treasury stock											(109,752	)		(109,752	)
Disposal of treasury stock					(1,004	)					3,136			2,132
Reversal of land revaluation excess								2,593						2,593
Changes in subsidiaries’ equity					0									0
Net changes of items other than shareholders’ equity																	(48,853)						27,692

Total changes during the period		—			(1,004	)		369,007			(106,616	)		261,387			(48,853)						27,692

Balance at the end of the period		2,141,513			1,424,633			8,965,050			(405,538	)		12,125,658			2,437,773						364,989


	Accumulated other comprehensive income
	Land revaluation excess			Foreign currency translation adjustments			Remeasurements of defined benefit plans			Debt value adjustments of foreign subsidiaries and affiliates			Total accumulated other comprehensive income			Subscription rights to shares			Non- controlling interests			Total net assets
Balance at the beginning of the period		176,364			791,401			(189,526	)		—			3,602,163			8,260			1,920,538			17,386,769
Cumulative effects due to revision of accounting standards for foreign subsidiaries and affiliates											(8,464	)		(8,464	)								—
Restated balance		176,364			791,401			(189,526	)		(8,464	)		3,593,699			8,260			1,920,538			17,386,769
Changes during the period
Cash dividends																							(124,116	)
Profits attributable to owners of parent																							490,530
Repurchase of treasury stock																							(109,752	)
Disposal of treasury stock																							2,132
Reversal of land revaluation excess																							2,593
Changes in subsidiaries’ equity																							0
Net changes of items other than shareholders’ equity		(2,609	)		(782,281	)		29,157			9,233			(767,662	)		(1,838	)		(377,086	)		(1,146,588	)

Total changes during the period		(2,609	)		(782,281	)		29,157			9,233			(767,662	)		(1,838	)		(377,086	)		(885,201	)

Balance at the end of the period		173,754			9,119			(160,369	)		768			2,826,036			6,421			1,543,451			16,501,568

Mitsubishi UFJ Financial Group, Inc.

For the six months ended September 30, 2017


	(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 available- for-sale securities					Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		2,141,513			1,412,087			9,278,546			(513,260	)		12,318,885			2,184,597					125,684

Changes during the period
Cash dividends								(121,160	)					(121,160	)
Profits attributable to owners of parent								626,940						626,940
Repurchase of treasury stock											(100,905	)		(100,905	)
Disposal of treasury stock					(10	)					1,901			1,891
Retirement of treasury stock					(98,952	)					98,952			—
Reversal of land revaluation excess								957						957
Changes in subsidiaries’ equity					(16	)								(16	)
Net changes of items other than shareholders’ equity																	315,808					(28,985	)

Total changes during the period		—			(98,979	)		506,736			(51	)		407,705			315,808					(28,985	)

Balance at the end of the period		2,141,513			1,313,107			9,785,282			(513,312	)		12,726,591			2,500,406					96,698


	Accumulated other comprehensive income
	Land revaluation excess			Foreign currency translation adjustments			Remeasurements of defined benefit plans			Debt value adjustments of foreign subsidiaries and affiliates			Total accumulated other comprehensive income			Subscription rights to shares			Non- controlling interests		Total net assets
Balance at the beginning of the period		173,723			558,339			(65,098	)		(15,863	)		2,961,382			407			1,377,719		16,658,394

Changes during the period
Cash dividends																						(121,160	)
Profits attributable to owners of parent																						626,940
Repurchase of treasury stock																						(100,905	)
Disposal of treasury stock																						1,891
Retirement of treasury stock																						—
Reversal of land revaluation excess																						957
Changes in subsidiaries’ equity																						(16	)
Net changes of items other than shareholders’ equity		(964	)		(125,152	)		24,857			(3,643	)		181,919			(132	)		31,488		213,275

Total changes during the period		(964	)		(125,152	)		24,857			(3,643	)		181,919			(132	)		31,488		620,980

Balance at the end of the period		172,758			433,186			(40,241	)		(19,507	)		3,143,302			274			1,409,207		17,279,375

Mitsubishi UFJ Financial Group, Inc.

(4)	Notes on Going-Concern Assumption

None.

Selected Financial Information

under Japanese GAAP

For the Six Months Ended September 30, 2017


Mitsubishi UFJ Financial Group, Inc.

Mitsubishi UFJ Financial Group, Inc.

[Contents]


1. Financial Results	[ MUFG Consolidated ]1 [ BTMU and MUTB Combined ]234	——	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. Financial Statements	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	34

(*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
	September 30, 2017 (A)			September 30, 2016 (B)			(Decrease) (A) - (B)
Gross profits		2,008,140			1,969,410			38,729
Gross profits before credit costs for trust accounts		2,008,140			1,969,410			38,730
Net interest income		973,621			975,085			(1,463	)
Trust fees		58,792			63,201			(4,409	)
Credit costs for trust accounts (1)		—			0			(0	)
Net fees and commissions		637,165			619,488			17,677
Net trading profits		157,061			150,992			6,069
Net other operating profits		181,499			160,643			20,856
Net gains (losses) on debt securities		84,759			92,678			(7,918	)
General and administrative expenses		1,307,356			1,244,009			63,347
Amortization of goodwill		8,519			7,427			1,091
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		709,303			732,828			(23,525	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		700,783			725,401			(24,617	)
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits*		700,783			725,401			(24,617	)
Net non-recurring gains (losses)		163,236			69,471			93,764
Credit costs (3)		(88,757	)		(108,435	)		19,677
Losses on loan write-offs		(62,965	)		(59,831	)		(3,134	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(25,791	)		(48,603	)		22,811
Reversal of allowance for credit losses (4)		53,575			22,807			30,768
Reversal of reserve for contingent losses included in credit costs (5)		—			—			—
Gains on loans written-off (6)		38,291			27,993			10,297
Net gains (losses) on equity securities		55,015			44,034			10,980
Gains on sales of equity securities		65,790			82,635			(16,845	)
Losses on sales of equity securities		(9,681	)		(27,193	)		17,512
Losses on write-down of equity securities		(1,094	)		(11,407	)		10,312
Profits (losses) from investments in affiliates		135,674			113,940			21,734
Other non-recurring gains (losses)		(30,563	)		(30,868	)		305

Ordinary profits		864,020			794,873			69,147

Net extraordinary gains (losses)		4,357			(56,432	)		60,790
Losses on impairment of fixed assets		(22,597	)		(4,069	)		(18,528	)
Losses on change in equity		(19,569	)		(45,654	)		26,084
Gains on exchange of shares of affiliates		48,695			—			48,695
Profits before income taxes		868,377			738,440			129,937
Income taxes-current		161,188			145,032			16,155
Income taxes-deferred		29,380			33,440			(4,059	)
Total taxes		190,568			178,473			12,095
Profits		677,809			559,967			117,841
Profits attributable to non-controlling interests		50,869			69,436			(18,567	)

Profits attributable to owners of parent		626,940			490,530			136,409

Note:

* Net operating profits = Banking subsidiaries’ net operating 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)	3,109	(57,634	)	60,743

Number of consolidated subsidiaries	208	218		(10	)
Number of affiliated companies accounted for under the equity method	55	65		(10	)

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in millions of yen)
	For the six months ended						Increase
	September 30, 2017 (A)			September 30, 2016 (B)			(Decrease) (A) - (B)
Gross profits		1,109,563			1,164,706			(55,143	)
Gross profits before credit costs for trust accounts		1,109,563			1,164,706			(55,143	)
Domestic gross profits		645,251			637,483			7,768
Net interest income		340,632			352,383			(11,750	)
Trust fees		45,789			49,897			(4,108	)
Credit costs for trust accounts (1)		—			0			(0	)
Net fees and commissions		172,828			183,973			(11,145	)
Net trading profits		(4,375	)		17,579			(21,954	)
Net other operating profits		90,375			33,648			56,726
Net gains (losses) on debt securities		77,883			33,854			44,028
Non-domestic gross profits		464,311			527,223			(62,912	)
Net interest income		251,751			273,338			(21,587	)
Net fees and commissions		99,522			94,849			4,672
Net trading profits		48,058			79,124			(31,066	)
Net other operating profits		64,979			79,910			(14,931	)
Net gains (losses) on debt securities		7,598			52,611			(45,012	)
General and administrative expenses		667,278			654,826			12,452
Personnel expenses		241,786			237,980			3,806
Non-personnel expenses		390,000			380,961			9,039
Taxes		35,491			35,884			(393	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		442,284			509,880			(67,596	)
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits		442,284			509,880			(67,596	)
Net non-recurring gains (losses)		91,217			5,874			85,342
Credit costs (3)		(39,689	)		(64,663	)		24,974
Losses on loan write-offs		(13,652	)		(16,144	)		2,491
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(26,036	)		(48,518	)		22,482
Reversal of allowance for credit losses (4)		90,732			52,591			38,141
Reversal of reserve for contingent losses included in credit costs (5)		—			103			(103	)
Gains on loans written-off (6)		13,708			8,978			4,730
Net gains (losses) on equity securities		50,638			36,938			13,699
Gains on sales of equity securities		61,704			76,533			(14,828	)
Losses on sales of equity securities		(10,635	)		(28,226	)		17,591
Losses on write-down of equity securities		(431	)		(11,368	)		10,936
Other non-recurring gains (losses)		(24,173	)		(28,073	)		3,900

Ordinary profits		533,501			515,754			17,746

Net extraordinary gains (losses)		38,792			(3,830	)		42,623
Net gains (losses) on disposition of fixed assets		(2,861	)		3,909			(6,771	)
Losses on impairment of fixed assets		(11,157	)		(1,611	)		(9,545	)
Losses on liquidation of equity securities of subsidiaries		—			(7,941	)		7,941
Gains on sales of equity securities of subsidiaries		—			2,600			(2,600	)
Gains on exchange of shares of affiliates		52,811			—			52,811
Income before income taxes		572,294			511,924			60,369
Income taxes-current		136,554			123,675			12,878
Income taxes-deferred		15,379			(10,523	)		25,902
Total taxes		151,933			113,152			38,781

Net income		420,360			398,772			21,588


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		64,752			(2,990	)		67,742

Mitsubishi UFJ Financial Group, Inc.

BTMU Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2017 (A)			September 30, 2016 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,361,131			1,374,053			(12,922	)
Net interest income		808,891			833,575			(24,683	)
Trust fees		6,625			6,293			331
Net fees and commissions		338,395			331,626			6,768
Net trading profits		37,207			78,969			(41,761	)
Net other operating profits		170,011			123,588			46,422
Net gains (losses) on debt securities		73,919			77,362			(3,442	)
General and administrative expenses		885,653			820,861			64,792
Amortization of goodwill		7,839			6,890			949
Net operating profits before provision for general allowance for credit losses and amortization of goodwill		483,317			560,082			(76,765	)
Net operating profits before provision for general allowance for credit losses		475,477			553,192			(77,714	)
Provision for general allowance for credit losses (1)		—			—			—
Net operating profits*		475,477			553,192			(77,714	)
Net non-recurring gains (losses)		73,735			(18,718	)		92,453
Credit costs (2)		(45,897	)		(79,016	)		33,119
Losses on loan write-offs		(27,712	)		(30,387	)		2,674
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(18,184	)		(48,629	)		30,445
Reversal of allowance for credit losses (3)		57,887			31,175			26,711
Reversal of reserve for contingent losses included in credit costs (4)		—			—			—
Gains on loans written-off (5)		28,003			17,544			10,458
Net gains (losses) on equity securities		40,169			23,686			16,482
Gains on sales of equity securities		50,322			62,226			(11,904	)
Losses on sales of equity securities		(9,311	)		(27,776	)		18,465
Losses on write-down of equity securities		(841	)		(10,762	)		9,920
Profits (losses) from investments in affiliates		18,251			9,997			8,253
Other non-recurring gains (losses)		(24,678	)		(22,106	)		(2,571	)

Ordinary profits		549,213			534,474			14,739

Net extraordinary gains (losses)		(9,635	)		(5,125	)		(4,510	)
Net gains (losses) on disposition of fixed assets		(1,538	)		4,947			(6,486	)
Losses on impairment of fixed assets		(8,097	)		(2,601	)		(5,495	)
Losses on liquidation of equity securities of subsidiaries		—			(3,236	)		3,236
Losses on exchange of shares of affiliates		—			(4,007	)		4,007
Profits before income taxes		539,577			529,349			10,228
Income taxes-current		104,508			106,324			(1,815	)
Income taxes-deferred		38,356			17,442			20,913
Total taxes		142,865			123,767			19,097
Profits		396,712			405,581			(8,869	)
Profits attributable to non-controlling interests		20,689			30,736			(10,047	)

Profits attributable to owners of parent		376,022			374,844			1,178

Note:
* Net operating profits = Net operating 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)		39,993			(30,296	)		70,290

Number of consolidated subsidiaries		125			128			(3	)
Number of affiliated companies accounted for under the equity method		48			57			(9	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in millions of yen)

	For the six months ended						Increase (Decrease) (A) - (B)

	September 30, 2017 (A)			September 30, 2016 (B)

Gross profits		905,893			972,318			(66,425	)
Domestic gross profits		509,406			491,111			18,294
Net interest income		294,140			312,320			(18,180	)
Net fees and commissions		122,763			135,450			(12,687	)
Net trading profits		(1,096	)		12,992			(14,088	)
Net other operating profits		93,599			30,348			63,250
Net gains (losses) on debt securities		74,344			28,414			45,930
Non-domestic gross profits		396,486			481,207			(84,720	)
Net interest income		206,995			244,394			(37,399	)
Net fees and commissions		96,364			93,323			3,040
Net trading profits		34,412			76,464			(42,052	)
Net other operating profits		58,714			67,024			(8,310	)
Net gains (losses) on debt securities		626			43,539			(42,912	)
General and administrative expenses		567,964			555,226			12,737
Personnel expenses		205,323			199,442			5,881
Non-personnel expenses		333,478			325,411			8,067
Amortization of goodwill		183			164			19
Taxes		29,162			30,373			(1,210	)
Net operating profits before provision for general allowance for credit losses and amortization of goodwill		338,111			417,256			(79,144	)
Net operating profits before provision for general allowance for credit losses		337,928			417,092			(79,163	)
Provision for general allowance for credit losses (1)		—			—			—
Net operating profits		337,928			417,092			(79,163	)
Net non-recurring gains (losses)		73,890			(6,853	)		80,743
Credit costs (2)		(31,980	)		(64,280	)		32,299
Reversal of allowance for credit losses (3)		77,697			50,973			26,723
Reversal of reserve for contingent losses included in credit costs (4)		—			—			—
Gains on loans written-off (5)		13,203			8,574			4,628
Net gains (losses) on equity securities		38,837			23,471			15,366
Gains on sales of equity securities		48,044			61,342			(13,297	)
Losses on sales of equity securities		(8,989	)		(27,401	)		18,411
Losses on write-down of equity securities		(217	)		(10,469	)		10,251
Other non-recurring gains (losses)		(23,867	)		(25,592	)		1,725

Ordinary profits		411,819			410,239			1,579

Net extraordinary gains (losses)		(10,232	)		1,725			(11,958	)
Net gains (losses) on disposition of fixed assets		(2,433	)		5,034			(7,468	)
Losses on impairment of fixed assets		(7,798	)		(271	)		(7,527	)
Losses on liquidation of equity securities of subsidiaries		—			(4,850	)		4,850
Gain on sales of equity securities of subsidiaries		—			2,600			(2,600	)
Income before income taxes		401,586			411,964			(10,378	)
Income taxes-current		94,380			98,189			(3,808	)
Income taxes-deferred		12,941			(9,268	)		22,209
Total taxes		107,322			88,921			18,400

Net income		294,264			323,043			(28,779	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		58,920			(4,731	)		63,652
Provision for general allowance for credit losses		88,698			(115,341	)		204,039
Provision for special allowance for credit losses		(10,693	)		166,353			(177,047	)
Allowance for credit to specific foreign borrowers		(306	)		(38	)		(268	)
Losses on loans write-off		(13,641	)		(15,802	)		2,161
Provision for contingent losses included in credit costs		(11,961	)		(48,058	)		36,097
Gains on loans written-off		13,203			8,574			4,628
Losses on sales of other loans, etc.		(6,377	)		(419	)		(5,958	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2017 (A)			September 30, 2016 (B)			Increase (Decrease) (A) - (B)
Gross profits		249,151			232,909			16,242
Gross profits before credit costs for trust accounts		249,151			232,909			16,242
Trust fees		52,269			57,046			(4,776	)
Trust fees before credit costs for trust accounts		52,269			57,045			(4,776	)
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		6,284			14,556			(8,271	)
Other trust fees		45,985			42,489			3,495
Credit costs for trust accounts (1)		—			0			(0	)
Net interest income		73,392			50,915			22,476
Net fees and commissions		104,437			96,899			7,538
Net trading profits		12,972			9,735			3,236
Net other operating profits		6,079			18,313			(12,233	)
Net gains (losses) on debt securities		10,511			14,478			(3,967	)
General and administrative expenses		147,030			141,670			5,359
Amortization of goodwill		677			535			141
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		102,799			91,774			11,024
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		102,121			91,238			10,882
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits*		102,121			91,238			10,882
Net non-recurring gains (losses)		18,639			14,309			4,330
Credit costs (3)		(7,755	)		(403	)		(7,352	)
Losses on loan write-offs		(49	)		(362	)		313
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(7,706	)		(40	)		(7,665	)
Reversal of allowance for credit losses (4)		13,049			1,647			11,401
Reversal of reserve for contingent losses included in credit costs (5)		—			103			(103	)
Gains on loans written-off (6)		526			458			68
Net gains (losses) on equity securities		11,800			13,466			(1,666	)
Gains on sales of equity securities		13,660			15,191			(1,531	)
Losses on sales of equity securities		(1,645	)		(825	)		(819	)
Losses on write-down of equity securities		(214	)		(899	)		684
Profits (losses) from investments in affiliates		3,444			2,391			1,053
Other non-recurring gains (losses)		(2,426	)		(3,355	)		929

Ordinary profits		120,760			105,547			15,212

Net extraordinary gains (losses)		33,776			(5,247	)		39,023
Net gains (losses) on disposition of fixed assets		(436	)		(1,134	)		698
Losses on impairment of fixed assets		(14,483	)		(1,339	)		(13,143	)
Gains on exchange of shares of affiliates		48,695			—			48,695
Losses on liquidation of equity securities of subsidiaries		—			(2,773	)		2,773
Profits before income taxes		154,536			100,300			54,236
Income taxes-current		47,228			31,204			16,023
Income taxes-deferred		970			(1,965	)		2,935
Total taxes		48,199			29,239			18,959
Profits		106,337			71,060			35,276
Profits attributable to non-controlling interests		4,960			5,620			(660	)

Profits attributable to owners of parent		101,376			65,439			35,937

Note:

* Net operating profits = Net operating 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)	5,819	1,806	4,013

Number of consolidated subsidiaries	49	52	(3	)
Number of affiliated companies accounted for under the equity method	8	13	(5	)

MUTB Consolidated(combined operating results of MUTB and transferred entities to Intermediate Holding Company in the United States) In July 2016 and July 2017, to comply with the financial regulations in the United States, MUTB transferred the interests in its subsidiaries in the United States to the Intermediate Holding Company(“IHC”) in United States which are owned by BTMU and MUFG.

The combined operating results of MUTB and transferred entities are as follows(the operating results of transferred entities are prepared for managerial accounting purpose):


Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses	102,156	91,238	10,917
Profits attributable to owners of parent	101,397	65,439	35,958
Number of the entities transferred to IHC	3	1	2

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in millions of yen)

	For the six months ended						Increase (Decrease) (A) - (B)

	September 30, 2017 (A)			September 30, 2016 (B)

Gross profits		203,670			192,388			11,282
Gross profits before credit costs for trust accounts		203,670			192,387			11,282
Domestic gross profits		135,844			146,371			(10,526	)
Trust fees		45,789			49,897			(4,108	)
Trust fees before credit costs for trust accounts		45,789			49,897			(4,107	)
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		6,284			14,556			(8,271	)
Other trust fees		39,505			35,341			4,164
Credit costs for trust accounts (1)		—			0			(0	)
Net interest income		46,492			40,062			6,429
Net fees and commissions		50,064			48,522			1,541
Net trading profits		(3,278	)		4,587			(7,865	)
Net other operating profits		(3,223	)		3,300			(6,524	)
Net gains (losses) on debt securities		3,539			5,440			(1,901	)
Non-domestic gross profits		67,825			46,016			21,808
Net interest income		44,755			28,943			15,811
Net fees and commissions		3,158			1,526			1,632
Net trading profits		13,645			2,659			10,986
Net other operating profits		6,264			12,886			(6,621	)
Net gains (losses) on debt securities		6,972			9,072			(2,099	)
General and administrative expenses		99,314			99,599			(285	)
Personnel expenses		36,463			38,538			(2,075	)
Non-personnel expenses		56,522			55,550			972
Taxes		6,328			5,511			817
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		104,355			92,788			11,567
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits		104,355			92,788			11,567
Net non-recurring gains (losses)		17,326			12,727			4,599
Credit costs (3)		(7,708	)		(383	)		(7,325	)
Reversal of allowance for credit losses (4)		13,035			1,617			11,417
Reversal of reserve for contingent losses included in credit costs (5)		—			103			(103	)
Gains on loans written-off (6)		505			403			102
Net gains (losses) on equity securities		11,800			13,466			(1,666	)
Gains on sales of equity securities		13,660			15,191			(1,531	)
Losses on sales of equity securities		(1,645	)		(825	)		(819	)
Losses on write-down of equity securities		(214	)		(899	)		684
Other non-recurring gains (losses)		(305	)		(2,480	)		2,174

Ordinary profits		121,682			105,515			16,166

Net extraordinary gains (losses)		49,025			(5,556	)		54,581
Net gains (losses) on disposition of fixed assets		(428	)		(1,124	)		696
Losses on impairment of fixed assets		(3,358	)		(1,339	)		(2,018	)
Gains on exchange of shares of affiliates		52,811			—			52,811
Losses on liquidation of equity securities of subsidiaries		—			(3,091	)		3,091
Income before income taxes		170,707			99,959			70,748
Income taxes-current		42,173			25,485			16,687
Income taxes-deferred		2,437			(1,255	)		3,692
Total taxes		44,611			24,230			20,380

Net income		126,096			75,728			50,367


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		5,832			1,741			4,090
Credit costs for trust accounts		—			0			(0	)
Provision for general allowance for credit losses		16,708			(6,729	)		23,438
Provision for special allowance for credit losses		(3,673	)		8,349			(12,022	)
Allowance for credit to specific foreign borrowers		0			(1	)		2
Losses on loans write-offs		(11	)		(342	)		330
Provision for contingent losses included in credit costs		(7,697	)		103			(7,800	)
Gains on loans written-off		505			403			102
Losses on sales of other loans, etc.		—			(40	)		40

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, 2017 (A)			Increase (Decrease) (A) - (B)			For the six months ended September 30, 2016 (B)
Total average interest rate on interest-earning assets (a)		0.54			(0.02	)		0.57
Average interest rate on loans and bills discounted (b)		0.88			0.01			0.87
Average interest rate on securities		0.71			0.01			0.70
Total average interest rate on interest-bearing liabilities (c) <including general and administrative expenses>		0.56			(0.06	)		0.62
Average interest rate on deposits and NCD (d)		0.00			(0.00	)		0.01
Average interest rate on other liabilities		0.19			(0.09	)		0.29
Overall interest rate spread (a)-(c)		(0.01	)		0.03			(0.05	)
Interest rate spread (b)-(d)		0.88			0.02			0.86

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.95			(0.05	)		1.00
Interest rate spread (e)-(d)		0.94			(0.04	)		0.99

MUTB Non-consolidated

	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2017 (A)			Increase (Decrease) (A) - (B)			For the six months ended September 30, 2016 (B)
Total average interest rate on interest-earning assets (a)		0.54			0.03			0.51
Average interest rate on loans and bills discounted (b)		0.46			(0.06	)		0.52
Average interest rate on securities		1.19			0.33			0.85
Total average interest rate on interest-bearing liabilities (c)		0.09			(0.06	)		0.15
Average interest rate on deposits and NCD (d)		0.07			(0.02	)		0.09
Overall interest rate spread (a)-(c)		0.45			0.10			0.35
Interest rate spread (b)-(d)		0.39			(0.03	)		0.42

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.50			(0.05	)		0.55
Interest rate spread (e)-(d)		0.43			(0.02	)		0.46

BTMU and MUTB Combined

	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2017 (A)			Increase (Decrease) (A) - (B)			For the six months ended September 30, 2016 (B)
Average interest rate on loans and bills discounted (a)		0.81			(0.00	)		0.81
Average interest rate on deposits and NCD (b)		0.01			(0.00	)		0.02
Interest rate spread (a)-(b)		0.79			0.00			0.79

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (c)		0.87			(0.05	)		0.92
Interest rate spread (c)-(b)		0.85			(0.04	)		0.90

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, 2017

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

1,059.9

6,966.7

14,253.7

22,280.5

Receive-floater/pay-fix

1,097.4

7,396.0

2,948.9

11,442.4

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

2,157.4

14,362.8

17,202.6

33,722.9

BTMU Consolidated

(in billions of yen)

As of September 30, 2017

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

959.9

5,292.1

13,952.7

20,204.9

Receive-floater/pay-fix

575.9

5,308.0

1,120.8

7,004.8

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

1,535.9

10,600.2

15,073.5

27,209.7

MUTB Consolidated

(in billions of yen)

As of September 30, 2017

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

100.0

1,674.6

300.9

2,075.6

Receive-floater/pay-fix

520.3

2,068.8

1,783.1

4,372.3

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

620.3

3,743.4

2,084.1

6,447.9

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, 2017								As of March 31, 2017
	Amount on consolidated balance sheet		Differences		Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Debt securities being held to maturity		3,255,872		47,121		56,527		9,406		3,560,825		50,325			62,484		12,158
Domestic bonds		1,100,891		40,268		40,268		—		1,100,955		43,114			43,114		—
Government bonds		1,100,891		40,268		40,268		—		1,100,955		43,114			43,114		—
Municipal bonds		—		—		—		—		—		—			—		—
Corporate bonds		—		—		—		—		—		—			—		—
Other		2,154,981		6,853		16,259		9,406		2,459,870		7,211			19,369		12,158
Foreign bonds		1,186,272		1,049		10,377		9,327		1,212,321		(1,719	)		10,253		11,973
Other		968,708		5,803		5,882		78		1,247,549		8,930			9,115		185

	(in millions of yen)
	As of September 30, 2017								As of March 31, 2017
	Amount on consolidated balance sheet		Differences		Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Available-for-sale securities		54,768,296		3,621,568		3,856,599		235,030		54,813,148		3,139,063			3,433,950		294,887
Domestic equity securities		5,571,774		3,111,663		3,144,781		33,117		5,164,653		2,635,191			2,686,496		51,305
Domestic bonds		24,634,741		288,571		302,186		13,614		27,688,842		399,130			411,190		12,060
Government bonds		20,575,681		246,202		250,124		3,922		24,010,611		351,011			353,046		2,034
Municipal bonds		1,250,611		2,049		6,912		4,862		1,009,875		3,468			7,913		4,444
Corporate bonds		2,808,448		40,319		45,148		4,829		2,668,355		44,650			50,231		5,581
Other		24,561,780		221,333		409,631		188,298		21,959,652		104,742			336,263		231,521
Foreign equity securities		246,892		79,798		79,994		196		182,802		49,875			59,492		9,616
Foreign bonds		20,441,000		36,164		154,527		118,363		17,917,306		(8,487	)		154,280		162,768
Other		3,873,887		105,370		175,109		69,738		3,859,542		63,353			122,489		59,136

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, 2017

As of March 31, 2017

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Debt securities being held to maturity

2,016,960

45,933

46,011

2,348,504

52,045

52,230

185

Stocks of subsidiaries and affiliates

932,607

16,741

39,903

23,161

932,607

(8,940

)

41,986

50,927

(in millions of yen)

As of September 30, 2017

As of March 31, 2017

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Available-for-sale securities

36,432,686

2,735,671

2,852,630

116,958

37,723,034

2,347,803

2,535,654

187,850

Domestic equity securities

4,522,200

2,419,989

2,454,746

34,757

4,173,471

2,016,280

2,070,538

54,257

Domestic bonds

20,814,939

254,831

265,935

11,103

23,390,925

354,591

363,976

9,385

Other

11,095,546

60,850

131,948

71,097

10,158,637

(23,069

)

101,139

124,208

Foreign equity securities

122,431

64,543

65,488

944

170,335

44,257

54,416

10,158

Foreign bonds

8,981,987

(9,140

)

37,061

46,202

7,853,982

(35,584

)

38,534

74,118

Other

1,991,127

5,447

29,398

23,950

2,134,319

(31,742

)

8,188

39,931

Redemption schedule of available-for-sale securities with maturities and debt securities being held to maturity

(in millions of yen)

As of September 30, 2017

As of March 31, 2017

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

10,688,482

4,440,986

4,391,918

2,394,443

13,027,854

4,251,676

4,320,651

2,891,699

Government bonds

10,509,250

3,606,078

2,533,369

1,429,939

12,877,083

3,503,258

2,747,703

1,913,228

Municipal bonds

61,048

164,368

1,024,916

208

42,038

115,711

851,777

260

Corporate bonds

118,183

670,538

833,632

964,295

108,733

632,706

721,169

978,210

Other

1,893,334

1,570,542

3,141,924

3,720,723

1,660,584

2,392,988

2,059,040

3,489,562

Foreign bonds

1,604,345

1,471,475

2,571,832

3,311,218

1,396,678

2,204,469

1,106,191

3,128,455

Other

288,988

99,066

570,091

409,505

263,905

188,519

952,848

361,106

Total

12,581,816

6,011,528

7,533,842

6,115,167

14,688,438

6,644,664

6,379,691

6,381,261

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, 2017								As of March 31, 2017
	Amount on balance sheet		Differences		Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Debt securities being held to maturity		3,710		103		103		—		—		—		—		—
Stocks of subsidiaries and affiliates		6,722		235		235		—		52,328		33,443		33,512		69

	(in millions of yen)
	As of September 30, 2017								As of March 31, 2017
	Amount on balance sheet		Differences		Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Available-for-sale securities		14,502,676		839,839		921,472		81,633		13,508,608		752,569		818,235		65,665
Domestic equity securities		1,098,531		628,659		631,326		2,667		1,036,997		551,360		557,456		6,095
Domestic bonds		3,893,150		32,922		35,530		2,607		4,369,116		43,958		46,724		2,765
Other		9,510,994		178,257		254,615		76,357		8,102,494		157,250		214,054		56,804
Foreign equity securities		111,464		9,010		9,010		—		61		36		36		—
Foreign bonds		7,945,444		73,033		104,988		31,954		6,792,918		64,280		104,484		40,204
Other		1,454,085		96,213		140,617		44,403		1,309,514		92,933		109,533		16,599

Redemption schedule of available-for-sale securities with maturities and debt securities being held to maturity
	(in millions of yen)
	As of September 30, 2017								As of March 31, 2017
	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		993,457		2,577,287		64,979		257,426		1,040,874		2,996,704		109,236		222,301
Government bonds		948,116		2,459,334		20,164		233,644		993,710		2,875,475		50,657		211,628
Municipal bonds		35		—		9		23		—		53		5		29
Corporate bonds		45,305		117,953		44,806		23,758		47,164		121,176		58,574		10,642
Other		502,785		2,934,735		2,919,219		2,240,720		386,827		2,630,231		2,708,421		1,620,210
Foreign bonds		459,076		2,479,318		2,769,736		2,237,312		386,642		2,177,646		2,608,448		1,620,180
Other		43,708		455,417		149,482		3,408		184		452,585		99,973		29

Total		1,496,242		5,512,023		2,984,198		2,498,146		1,427,702		5,626,936		2,817,657		1,842,511

Mitsubishi UFJ Financial Group, Inc.

5. ROE

MUFG Consolidated

(%)

For the six months
ended
September 30, 2017
(A)

Increase
(Decrease)
(A) - (B)

For the six months
ended
September 30, 2016
(B)

ROE

9.63

1.71

7.91

Note:

ROE is computed as follows:


Profits attributable to owners of parent × 2			×100
{(Total shareholders’ equity at the beginning of the period + Foreign currency translation adjustments at the beginning of the period) + (Total shareholders’ equity at the end of the period + Foreign currency translation adjustments at the end of the period)} / 2

Mitsubishi UFJ Financial Group, Inc.

6. Risk-Adjusted Capital Ratio

MUFG Consolidated


	(in billions of yen)
	As of September 30, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
(1) Total capital ratio (4)/(7)		16.33	%		0.47	%		15.85	%
(2) Tier 1 capital ratio (5)/(7)		13.72	%		0.36	%		13.36	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		12.14	%		0.38	%		11.76	%
(4) Total capital		18,797.3			721.2			18,076.1
(5) Tier 1 capital		15,794.3			561.9			15,232.4
(6) Common Equity Tier 1 capital		13,979.4			565.5			13,413.8
(7) Risk weighted assets		115,068.8			1,082.4			113,986.3
(8) Required Capital (7)×8%		9,205.5			86.5			9,118.9

BTMU Consolidated

	(in billions of yen)
	As of September 30, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
(1) Total capital ratio (4)/(7)		15.84	%		0.56	%		15.28	%
(2) Tier 1 capital ratio (5)/(7)		13.10	%		0.40	%		12.70	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		11.55	%		0.40	%		11.14	%
(4) Total capital		14,470.1			416.7			14,053.4
(5) Tier 1 capital		11,970.3			289.6			11,680.7
(6) Common Equity Tier 1 capital		10,547.9			302.1			10,245.8
(7) Risk weighted assets		91,318.6			(641.3	)		91,960.0
(8) Required Capital (7)×8%		7,305.4			(51.3	)		7,356.8

MUTB Consolidated

	(in billions of yen)
	As of September 30, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
(1) Total capital ratio (4)/(7)		20.55	%		0.74	%		19.80	%
(2) Tier 1 capital ratio (5)/(7)		17.28	%		0.33	%		16.94	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		16.10	%		0.23	%		15.87	%
(4) Total capital		2,591.1			184.5			2,406.5
(5) Tier 1 capital		2,178.2			119.8			2,058.4
(6) Common Equity Tier 1 capital		2,030.3			101.4			1,928.9
(7) Risk weighted assets		12,604.2			455.0			12,149.1
(8) Required Capital (7)×8%		1,008.3			36.4			971.9

BTMU Non-consolidated

	(in billions of yen)
	As of September 30, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
(1) Total capital ratio (4)/(7)		17.03	%		0.33	%		16.70	%
(2) Tier 1 capital ratio (5)/(7)		14.07	%		0.19	%		13.88	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		12.25	%		0.21	%		12.04	%
(4) Total capital		13,206.2			382.8			12,823.3
(5) Tier 1 capital		10,910.4			254.9			10,655.5
(6) Common Equity Tier 1 capital		9,502.6			254.9			9,247.7
(7) Risk weighted assets		77,510.7			753.1			76,757.5
(8) Required Capital (7)×8%		6,200.8			60.2			6,140.6

MUTB Non-consolidated

	(in billions of yen)
	As of September 30, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
(1) Total capital ratio (4)/(7)		20.56	%		0.07	%		20.48	%
(2) Tier 1 capital ratio (5)/(7)		17.25	%		(0.19	)%		17.45	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		16.11	%		(0.24	)%		16.35	%
(4) Total capital		2,577.2			150.7			2,426.4
(5) Tier 1 capital		2,163.0			96.0			2,067.0
(6) Common Equity Tier 1 capital		2,019.4			81.8			1,937.5
(7) Risk weighted assets		12,533.4			688.5			11,844.8
(8) Required Capital (7)×8%		1,002.6			55.0			947.5

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.

Mitsubishi UFJ Financial Group, Inc.

7. Risk-Monitored Loans

MUFG Consolidated


(1) Risk-Monitored Loans
	(in millions of yen)
	As of September 30, 2017 (A)		% to total loans and bills discounted			As of March 31, 2017 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		55,072		0.05	%		46,498		0.04	%		8,573			0.00	%
Non-accrual delinquent loans		667,521		0.61	%		738,103		0.67	%		(70,582	)		(0.06	)%
Accruing loans contractually past due 3 months or more		40,085		0.03	%		46,301		0.04	%		(6,216	)		(0.00	)%
Restructured loans		617,324		0.56	%		708,354		0.64	%		(91,030	)		(0.08	)%

Total risk monitored loans		1,380,003		1.26	%		1,539,258		1.41	%		(159,255	)		(0.14	)%

Total loans and bills discounted		108,773,485		——			109,005,231		——			(231,746	)		——

Written-off		381,288		——			377,463		——			3,825			——
(2) Allowance for Credit Losses
	(in millions of yen)
	As of September 30, 2017 (A)		% to total risk monitored loans			As of March 31, 2017 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		841,946		61.01	%		957,350		62.19	%		(115,404	)		(1.18	)%
General allowance for credit losses		640,604		——			743,895		——			(103,291	)		——
Specific allowance for credit losses		200,646		——			213,065		——			(12,418	)		——
Allowance for credit to specific foreign borrowers		694		——			388		——			306			——
(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		965,163		1,064,741		(99,578	)
Overseas		414,839		474,516		(59,676	)
Asia		151,129		142,367		8,761
Indonesia		7,202		5,946		1,256
Singapore		12,518		14,558		(2,040	)
Thailand		115,665		106,546		9,119
Hong Kong		215		215		(0	)
Other		15,526		15,099		426
Americas		172,196		216,085		(43,888	)
Europe, Middle East and Other		91,513		116,064		(24,550	)

Total		1,380,003		1,539,258		(159,255	)

Classified by Industry


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		965,163		1,064,741		(99,578	)
Manufacturing		348,014		425,381		(77,366	)
Construction		14,338		16,299		(1,961	)
Wholesale and retail		129,152		135,785		(6,633	)
Finance and insurance		1,301		737		563
Real estate, goods rental and leasing		57,591		67,336		(9,745	)
Services		47,134		51,944		(4,809	)
Other industries		36,169		23,849		12,320
Consumer		331,460		343,406		(11,945	)
Overseas		414,839		474,516		(59,676	)
Financial institutions		2,189		7,672		(5,483	)
Commercial and industrial		308,094		329,547		(21,452	)
Other		104,555		137,297		(32,741	)

Total		1,380,003		1,539,258		(159,255	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


(1) Risk-Monitored Loans
	(in millions of yen)
	As of September 30, 2017 (A)		% to total loans and bills discounted			As of March 31, 2017 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		38,938		0.04	%		35,746		0.04	%		3,192			0.00	%
Non-accrual delinquent loans		423,447		0.52	%		476,342		0.58	%		(52,894	)		(0.06	)%
Accruing loans contractually past due 3 months or more		37,705		0.04	%		45,938		0.05	%		(8,233	)		(0.00	)%
Restructured loans		448,894		0.55	%		525,466		0.64	%		(76,572	)		(0.09	)%

Total risk monitored loans		948,985		1.17	%		1,083,494		1.33	%		(134,508	)		(0.15	)%

Total loans and bills discounted		80,969,897		——			81,394,063		——			(424,165	)		——

Written-off		316,474		——			307,219		——			9,254			——
(2) Allowance for Credit Losses
	(in millions of yen)
	As of September 30, 2017 (A)		% to total risk monitored loans			As of March 31, 2017 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		456,478		48.10	%		563,216		51.98	%		(106,738	)		(3.87	)%
General allowance for credit losses		359,553		——			446,887		——			(87,333	)		——
Specific allowance for credit losses		96,231		——			115,942		——			(19,711	)		——
Allowance for credit to specific foreign borrowers		693		——			386		——			306			——

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		752,358		829,903		(77,544	)
Overseas		196,627		253,591		(56,963	)
Asia		28,190		29,866		(1,675	)
Indonesia		51		102		(50	)
Singapore		12,518		14,558		(2,040	)
Thailand		4		4		(0	)
Hong Kong		215		215		(0	)
Other		15,401		14,985		416
Americas		76,923		107,660		(30,737	)
Europe, Middle East and Other		91,513		116,064		(24,550	)

Total		948,985		1,083,494		(134,508	)


Classified by Industry
	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		752,358		829,903		(77,544	)
Manufacturing		322,237		375,263		(53,026	)
Construction		13,681		15,628		(1,947	)
Wholesale and retail		128,964		134,286		(5,321	)
Finance and insurance		1,279		715		564
Real estate		50,117		58,504		(8,386	)
Goods rental and leasing		2,068		2,347		(279	)
Services		46,882		51,080		(4,198	)
Other industries		34,892		23,540		11,351
Consumer		152,234		168,535		(16,301	)
Overseas		196,627		253,591		(56,963	)
Financial institutions		2,125		7,589		(5,463	)
Commercial and industrial		168,018		190,984		(22,965	)
Other		26,483		55,017		(28,534	)

Total		948,985		1,083,494		(134,508	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of September 30, 2017 (A)		% to total loans and bills discounted			As of March 31, 2017 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		475		0.00	%		530		0.00	%		(54	)		(0.00	)%
Non-accrual delinquent loans		11,922		0.08	%		9,611		0.06	%		2,310			0.01	%
Accruing loans contractually past due 3 months or more		86		0.00	%		79		0.00	%		6			0.00	%
Restructured loans		30,630		0.21	%		55,523		0.38	%		(24,893	)		(0.17	)%

Total risk monitored loans		43,114		0.30	%		65,746		0.46	%		(22,631	)		(0.15	)%

Total loans and bills discounted		14,307,608		——			14,283,249		——			24,359			——

Written-off		5,801		——			7,626		——			(1,825	)		——

(2) Allowance for Credit Losses

	(in millions of yen)
	As of September 30, 2017 (A)		% to total risk monitored loans			As of March 31, 2017 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		46,272		107.32	%		59,306		90.20	%		(13,033	)		17.11	%
General allowance for credit losses		41,688		——			58,395		——			(16,706	)		——
Specific allowance for credit losses		4,582		——			908		——			3,673			——
Allowance for credit to specific foreign borrowers		1		——			1		——			(0	)		——

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		38,853		65,273		(26,419	)
Overseas		4,260		472		3,788
Asia		475		472		2
Indonesia		—		—		—
Singapore		—		—		—
Thailand		475		472		2
Hong Kong		—		—		—
Other		—		—		—
Americas		3,785		—		3,785
Europe, Middle East and Other		—		—		—

Total		43,114		65,746		(22,631	)


Classified by Industry

	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		38,853		65,273		(26,419	)
Manufacturing		25,752		50,092		(24,339	)
Construction		639		653		(14	)
Wholesale and retail		42		1,348		(1,305	)
Finance and insurance		—		—		—
Real estate		5,369		6,436		(1,067	)
Goods rental and leasing		—		—		—
Services		239		851		(611	)
Other industries		1,271		303		967
Consumer		5,539		5,587		(48	)
Overseas		4,260		472		3,788
Financial institutions		—		—		—
Commercial and industrial		4,260		472		3,788
Other		—		—		—

Total		43,114		65,746		(22,631	)

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, 2017 (A)		% to total loans and bills discounted			As of March 31, 2017 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		3		0.02	%		3		0.01	%		(0	)		0.00	%
Non-accrual delinquent loans		0		0.00	%		0		0.00	%		(0	)		(0.00	)%
Accruing loans contractually past due 3 months or more		5		0.03	%		9		0.04	%		(3	)		(0.01	)%
Restructured loans		231		1.34	%		234		1.28	%		(3	)		0.05	%

Total risk monitored loans		240		1.39	%		247		1.35	%		(6	)		0.04	%

Total loans and bills discounted		17,221		——			18,293		——			(1,071	)		——

(2) Allowance for Credit Losses


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Allowance for bad debts		51		55		(4	)
(3) Classification of Risk-Monitored Loans Classified by Industry
	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		240		247		(6	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		192		200		(7	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		47		46		0

Total		240		247		(6	)

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, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		171,656			119,803			51,853
Doubtful		353,606			426,284			(72,677	)
Special Attention		517,465			627,162			(109,697	)
Non Performing Loans (1)		1,042,728			1,173,249			(130,521	)

Normal		104,262,919			104,240,643			22,276

Total		105,305,647			105,413,893			(108,245	)

Non Performing Loans / Total		0.99	%		1.11	%		(0.12	)%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of September 30, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		863,387			940,324			(76,937	)
Allowance for credit losses		290,760			351,634			(60,873	)
Collateral, guarantees, etc.		572,626			588,690			(16,064	)

Coverage ratio (2) / (1)		82.80	%		80.14	%		2.65	%

(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

171,656

15,453

156,203

100.00

[119,803

]

[10,772

]

[109,031

]

[100.00

Doubtful

353,606

84,363

194,513

78.86

[426,284

]

[104,933

]

[244,227

]

[81.90

Special Attention

517,465

190,944

221,909

79.78

[627,162

]

[235,928

]

[235,431

]

[75.15

Total

1,042,728

290,760

572,626

82.80

[1,173,249

]

[351,634

]

[588,690

]

[80.14

Note: The upper figures are as of September 30, 2017. The lower figures with brackets are as of March 31, 2017.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		801,676		903,729		(102,053	)
Manufacturing		349,022		425,959		(76,936	)
Construction		14,438		16,418		(1,979	)
Wholesale and retail		132,255		139,910		(7,654	)
Finance and insurance		1,830		2,008		(177	)
Real estate		55,889		65,365		(9,475	)
Goods rental and leasing		2,068		2,347		(279	)
Services		47,671		52,500		(4,828	)
Other industries		40,356		24,654		15,702
Consumer		158,141		174,565		(16,423	)
Overseas		241,051		269,520		(28,468	)
Financial institutions		2,316		7,779		(5,462	)
Commercial and industrial		212,251		206,723		5,527
Other		26,483		55,017		(28,534	)

Total		1,042,728		1,173,249		(130,521	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of September 30, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		170,023			117,714			52,309
Doubtful		342,648			418,034			(75,385	)
Special Attention		486,599			571,405			(84,806	)
Non Performing Loans (1)		999,271			1,107,154			(107,883	)

Normal		89,622,386			89,636,105			(13,718	)

Total		90,621,658			90,743,260			(121,602	)

Non Performing Loans / Total		1.10	%		1.22	%		(0.11	)%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of September 30, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		825,918			896,314			(70,396	)
Allowance for credit losses		272,610			325,433			(52,823	)
Collateral, guarantees, etc.		553,308			570,881			(17,573	)

Coverage ratio (2) / (1)		82.65	%		80.95	%		1.69	%

(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

170,023

15,363

154,659

100.00

[117,714

]

[10,679

]

[107,034

]

[100.00

Doubtful

342,648

80,332

189,125

52.32

78.63

[418,034

]

[104,577

]

[236,899

]

[57.73

[81.68

Special Attention

486,599

176,913

209,523

63.85

79.41

[571,405

]

[210,175

]

[226,947

]

[61.01

[76.49

Total

999,271

272,610

553,308

61.12

82.65

[1,107,154

]

[325,433

]

[570,881

]

[60.68

[80.95

Note:

The upper figures are as of September 30, 2017. The lower figures with brackets are as of March 31, 2017.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		762,480		838,106		(75,625	)
Manufacturing		323,270		375,867		(52,596	)
Construction		13,799		15,764		(1,964	)
Wholesale and retail		132,213		138,561		(6,348	)
Finance and insurance		1,830		2,008		(177	)
Real estate		50,327		58,728		(8,401	)
Goods rental and leasing		2,068		2,347		(279	)
Services		47,431		51,648		(4,217	)
Other industries		39,085		24,350		14,735
Consumer		152,453		168,829		(16,376	)
Overseas		236,790		269,047		(32,257	)
Financial institutions		2,316		7,779		(5,462	)
Commercial and industrial		207,990		206,250		1,739
Other		26,483		55,017		(28,534	)

Total		999,271		1,107,154		(107,883	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of September 30, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		1,629			2,085			(455	)
Doubtful		10,869			8,159			2,710
Special Attention		30,716			55,603			(24,887	)
Non Performing Loans (1)		43,216			65,848			(22,632	)

Normal		14,623,551			14,586,491			37,059

Total		14,666,767			14,652,339			14,427

Non Performing Loans / Total		0.29	%		0.44	%		(0.15	)%

(2) Status of Coverage of Non Performing Loans
	(in millions of yen)
	As of September 30, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		37,228			43,762			(6,534	)
Allowance for credit losses		18,150			26,201			(8,050	)
Collateral, guarantees, etc.		19,077			17,561			1,515

Coverage ratio (2) / (1)		86.14	%		66.46	%		19.68	%

(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

1,629

1,540

100.00

[2,085

]

[92

]

[1,993

]

[100.00

Doubtful

10,869

4,030

5,300

72.37

85.84

[8,159

]

[355

]

[7,238

]

[38.66

[93.07

Special Attention

30,716

14,030

12,236

75.92

85.51

[55,603

]

[25,753

]

[8,330

]

[54.47

[61.29

Total

43,216

18,150

19,077

75.19

86.14

[65,848

]

[26,201

]

[17,561

]

[54.26

[66.46

Note:

The upper figures are as of September 30, 2017. The lower figures with brackets are as of March 31, 2017.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		38,955		65,375		(26,420	)
Manufacturing		25,752		50,092		(24,339	)
Construction		639		653		(14	)
Wholesale and retail		42		1,348		(1,305	)
Finance and insurance		—		—		—
Real estate		5,369		6,436		(1,067	)
Goods rental and leasing		—		—		—
Services		239		851		(611	)
Other industries		1,271		303		967
Consumer		5,640		5,689		(48	)
Overseas		4,260		472		3,788
Financial institutions		—		—		—
Commercial and industrial		4,260		472		3,788
Other		—		—		—

Total		43,216		65,848		(22,632	)

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, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		3			3			(0	)
Doubtful		87			90			(2	)
Special Attention		149			153			(3	)
Non Performing Loans (1)		240			247			(6	)

Normal		16,981			18,046			(1,064	)

Total		17,221			18,293			(1,071	)

Non Performing Loans / Total		1.39	%		1.35	%		0.04	%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of September 30, 2017 (A)			As of March 31, 2017 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		240			247			(6	)
Allowance for credit losses		—			—			—
Collateral, guarantees, etc.		240			247			(6	)

Coverage ratio (2) / (1)		100.00	%		100.00	%		—
(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

]

—

[—

]

100.00

[100.00

Doubtful

[90

]

—

[—

]

[90

]

100.00

[100.00

Special Attention

149

[153

]

—

[—

]

149

[153

]

100.00

[100.00

Total

240

[247

]

—

[—

]

240

[247

]

100.00

[100.00

Note: The upper figures are as of September 30, 2017. The lower figures with brackets are as of March 31, 2017.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2017 (A)		As of March 31, 2017 (B)		Increase (Decrease) (A) - (B)
Domestic		240		247		(6	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		192		200		(7	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		47		46		0

Total		240		247		(6	)

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

[156.1]

[11.8]

[3.5]

(*1)

100.00%

i) Bankrupt or

De facto Bankrupt

[171.6]

Loans to bankrupt borrowers

[39.4]

Substantially
Bankrupt
Borrowers

Non-accrual

delinquent loans

[435.3]

Potentially
Bankrupt
Borrowers

[197.2]

[156.2]

53.02%

ii) Doubtful

[353.5]

Borrowers
Requiring
Caution
(Special
Attention
Borrowers)

[517.3]

64.60%

iii) Special Attention

[517.3]

Accruing loans contractually past due

3 months or more

[37.7]

Restructured loans

[479.5]

Borrowers
Requiring
Caution
(Other
Borrowers)

iv) Normal

[104,245.9]

Normal
Borrowers

Non-Performing Loans Based on the “FRL”

Risk-Monitored Loans

i) + ii) + iii)

1,042.4

992.1

Total

i) + ii) + iii) + iv)

105,288.4

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

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, 2015		As of March 31, 2016		As of March 31, 2017 (A)		As of September 30, 2017 (B)		(B) - (A)
Assets newly categorized during fiscal 2014		98,674		61,087		40,744		34,298		(6,445	)
Assets newly categorized during fiscal 2015				500,907		96,342		83,800		(12,541	)
Assets newly categorized during fiscal 2016						156,527		93,293		(63,234	)
Assets newly categorized during fiscal 2017								104,320

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the first half of the fiscal year ended September 30, 2017
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		1,903		——		——
Reconstructive treatment		2,556		——		——
Upgrade due to reconstructive treatment		—		——		——
Loan sold to secondary market		8,114		——		——
Write-offs		30,739		——		——
Others		84,083		——		——
Collection / Repayment		60,184		——		——
Upgrade		23,899		——		——

Total		127,397		25,070		102,327


Amount in process for disposition		99,496

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.

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, 2015		As of March 31, 2016		As of March 31, 2017 (A)		As of September 30, 2017 (B)		(B) - (A)
Assets newly categorized during fiscal 2014		7,495		1,730		265		252		(13	)
Assets newly categorized during fiscal 2015				18,743		883		755		(127	)
Assets newly categorized during fiscal 2016						1,872		953		(919	)
Assets newly categorized during fiscal 2017								5,886

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the first half of the fiscal year ended September 30, 2017
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		—		——		——
Reconstructive treatment		—		——		——
Upgrade due to reconstructive treatment		—		——		——
Loan sold to secondary market		—		——		——
Write-offs		—		——		——
Others		3,634		——		——
Collection / Repayment		2,591		——		——
Upgrade		1,043		——		——

Total		3,634		755		2,879


Amount in process for disposition		1,776

Note:

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, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Domestic offices (excluding loans booked at offshore markets)		66,285,758			(1,111,388	)		67,397,147
Manufacturing		10,246,717			(334,039	)		10,580,756
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		153,704			1,629			152,075
Construction		716,904			(49,841	)		766,745
Utilities		1,738,762			173,332			1,565,430
Communication and information services		1,371,036			(47,011	)		1,418,047
Transport and postal activities		2,224,040			(1,040	)		2,225,080
Wholesale and retail		6,557,389			85,629			6,471,760
Finance and insurance		8,162,412			(356,180	)		8,518,592
Real estate		8,757,450			(144,094	)		8,901,544
Goods rental and leasing		2,177,131			104,200			2,072,931
Services		2,535,546			(43,967	)		2,579,513
Municipal government		563,909			(5,797	)		569,706
Other industries (including loans to the Japanese government)		21,080,745			(494,210	)		21,574,955
Overseas offices and loans booked at offshore markets		29,259,023			774,620			28,484,402

Total		95,544,782			(336,768	)		95,881,550

(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Total domestic consumer loans		16,350,673			(193,086	)		16,543,759
Housing loans		15,520,535			(199,755	)		15,720,290
Residential purpose		13,477,204			(129,427	)		13,606,632
Other		830,138			6,669			823,468
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Outstanding amount		39,953,644			(237,352	)		40,190,996
% to total domestic loans		60.27	%		0.64	%		59.63	%

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Domestic offices (excluding loans booked at offshore markets)		54,176,526			(1,156,267	)		55,332,793
Manufacturing		8,291,917			(258,979	)		8,550,896
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		150,595			1,610			148,985
Construction		624,838			(46,725	)		671,563
Utilities		1,307,537			90,008			1,217,529
Communication and information services		1,083,725			(45,612	)		1,129,337
Transport and postal activities		1,585,803			14,735			1,571,068
Wholesale and retail		5,711,043			152,848			5,558,195
Finance and insurance		5,682,069			(300,746	)		5,982,815
Real estate		6,922,453			(58,197	)		6,980,650
Goods rental and leasing		1,414,742			95,153			1,319,589
Services		2,392,428			(35,437	)		2,427,865
Municipal government		556,778			(5,479	)		562,257
Other industries (including loans to the Japanese government)		18,452,598			(759,446	)		19,212,044
Overseas offices and loans booked at offshore markets		26,793,371			732,101			26,061,269

Total		80,969,897			(424,165	)		81,394,063

(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Total domestic consumer loans		15,016,289			(167,551	)		15,183,840
Housing loans		14,190,275			(174,724	)		14,365,000
Residential purpose		12,283,434			(112,180	)		12,395,614
Other		826,014			7,173			818,840
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Outstanding amount		33,949,726			(204,085	)		34,153,811
% to total domestic loans		62.66	%		0.94	%		61.72	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Domestic offices (excluding loans booked at offshore markets)		11,841,956			(18,159	)		11,860,116
Manufacturing		1,954,800			(75,060	)		2,029,860
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		3,109			19			3,090
Construction		92,066			(3,116	)		95,182
Utilities		431,225			83,324			347,901
Communication and information services		287,311			(1,399	)		288,710
Transport and postal activities		638,237			(15,775	)		654,012
Wholesale and retail		846,346			(67,219	)		913,565
Finance and insurance		2,449,164			(80,521	)		2,529,685
Real estate		1,830,239			(85,433	)		1,915,672
Goods rental and leasing		762,389			9,047			753,342
Services		143,114			(8,530	)		151,644
Municipal government		2,372			(288	)		2,660
Other industries including loans to the Japanese government		2,401,574			226,791			2,174,783
Overseas offices and loans booked at offshore markets		2,465,652			42,519			2,423,132

Total		14,307,608			24,359			14,283,249


(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Total domestic consumer loans		1,326,651			(24,958	)		1,351,609
Housing loans		1,322,565			(24,461	)		1,347,027
Residential purpose		1,186,631			(16,727	)		1,203,359
Other		4,085			(496	)		4,582

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Outstanding amount		5,765,582			(78,247	)		5,843,829
% to total domestic loans		48.68	%		(0.58	)%		49.27	%

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, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Domestic offices (excluding loans booked at offshore markets)		267,275			63,038			204,237
Manufacturing		—			—			—
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		—			—			—
Construction		—			—			—
Utilities		—			—			—
Communication and information services		—			—			—
Transport and postal activities		—			—			—
Wholesale and retail		—			—			—
Finance and insurance		31,179			25,087			6,092
Real estate		4,758			(464	)		5,222
Goods rental and leasing		—			—			—
Services		4			—			4
Municipal government		4,759			(30	)		4,789
Other industries (including loans to the Japanese government)		226,573			38,445			188,128
Overseas offices and loans booked at offshore markets		—			—			—

Total		267,275			63,038			204,237


(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Total domestic consumer loans		7,732			(576	)		8,309
Housing loans		7,693			(569	)		8,263
Residential purpose		7,139			(518	)		7,658
Other		38			(7	)		46

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Outstanding amount		238,336			44,980			193,356
% to total domestic loans		89.17	%		(5.49	)%		94.67	%

Mitsubishi UFJ Financial Group, Inc.

11. Overseas Loans

BTMU and MUTB Combined


	(in millions of yen)
	As of September 30, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Americas		13,629,991		471,913			13,158,077
United States of America		8,548,939		212,145			8,336,794
Caribbean countries		2,687,535		189,422			2,498,113
Canada		958,367		137,819			820,548
Brazil		549,078		(69,126	)		618,205
Mexico		453,607		31,243			422,363
Chile		200,926		(12,218	)		213,144
Columbia		125,509		3,904			121,605
Others		106,030		(21,276	)		127,305
Asia/Oceania		9,854,250		41,679			9,812,573
Hong Kong		2,132,339		(68,521	)		2,200,861
Australia		2,089,027		54,770			2,034,257
Singapore		1,499,705		47,579			1,452,126
Indonesia		850,560		9,770			840,789
India		729,019		(15,704	)		744,723
South Korea		622,513		(12,024	)		634,537
Taiwan		577,015		144,319			432,696
New Zealand		277,392		11,070			266,322
Vietnam		262,429		14,306			248,122
Malaysia		214,298		(83,810	)		298,108
Thailand		179,777		(27,859	)		207,636
Philippines		169,422		(35,746	)		205,168
China		128,044		(7,646	)		135,691
Others		122,710		11,175			111,537
EMEA		7,798,512		384,084			7,414,429
United Kingdom		2,340,996		241,868			2,099,127
Netherlands		818,086		73,063			745,023
Saudi Arabia		608,337		(301	)		608,638
Germany		552,517		59,864			492,653
France		501,666		77,792			423,873
Qatar		437,873		1,343			436,530
UAE		362,833		(61,974	)		424,807
Luxembourg		252,570		(14,228	)		266,799
South Africa		205,611		8,101			197,509
Ireland		194,334		29,141			165,192
Turkey		184,574		3,755			180,818
Italy		162,344		20,713			141,630
Switzerland		156,129		(26,203	)		182,333
Spain		155,554		33,801			121,753
Others		865,088		(62,651	)		927,744
Others		15		(270	)		284

Total		31,282,768		897,406			30,385,363

Note:

In addition to the (non-consolidated basis) loan balance stated above, five major overseas subsidiaries have the following loan balances in the consolidated financial statements.

MUFG Americas Holdings Corporation: ¥8,595,725 million (a 207,232 million yen decrease as compared with March 31, 2017.)

Bank of Ayudhya Public Company Limited: ¥3,726,597 million (a 63,749 million yen increase as compared with March 31, 2017.)

Bank of Tokyo-Mitsubishi UFJ (China), Ltd.: ¥1,427,757 million (a 111,385 million yen increase as compared with March 31, 2017.)

MUFG Bank (Europe) N.V.: ¥798,443 million (a 97,742 million yen increase as compared with March 31, 2017.)

Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad: ¥492,070 million (a 40,683 million yen increase as compared with March 31, 2017.)

Mitsubishi UFJ Financial Group, Inc.

12. Loans and Deposits

BTMU and MUTB Combined


	(in millions of yen)
	As of September 30, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Deposits (ending balance)		156,569,430		1,070,653			155,498,777
Deposits (average balance)		157,956,558		8,237,769			149,718,788
Loans (ending balance)		95,277,506		(399,806	)		95,677,312
Loans (average balance)		96,825,469		(669,311	)		97,494,781


BTMU Non-consolidated



	(in millions of yen)
	As of September 30, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Deposits (ending balance)		142,121,265		2,957,160			139,164,104
Deposits (average balance)		142,798,258		7,184,857			135,613,401
Loans (ending balance)		80,969,897		(424,165	)		81,394,063
Loans (average balance)		82,562,266		(1,354,028	)		83,916,295


MUTB Non-consolidated



	(in millions of yen)
	As of September 30, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Deposits (ending balance)		14,448,165		(1,886,507	)		16,334,673
Deposits (average balance)		15,158,300		1,052,912			14,105,387
Loans (ending balance)		14,307,608		24,359			14,283,249
Loans (average balance)		14,263,202		684,717			13,578,485

Mitsubishi UFJ Financial Group, Inc.

13. Domestic Deposits

BTMU and MUTB Combined


	(in millions of yen)
	As of September 30, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Individuals		74,291,064		1,197,761			73,093,302
Corporations and others		59,841,184		(1,209,182	)		61,050,366
Domestic deposits		134,132,248		(11,420	)		134,143,669

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

BTMU Non-consolidated

(in millions of yen)

As of
September 30, 2017
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2017
(B)

Individuals

66,359,122

1,006,660

65,352,462

Corporations and others

54,988,046

841,000

54,147,045

Domestic deposits

121,347,168

1,847,660

119,499,507

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

MUTB Non-consolidated


	(in millions of yen)
	As of September 30, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Individuals		7,931,942		191,101			7,740,840
Corporations and others		4,853,137		(2,050,183	)		6,903,320
Domestic deposits		12,785,079		(1,859,081	)		14,644,161

Note:

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

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, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Deferred tax assets		510.0			(21.2	)		531.3
Allowance for credit losses		213.0			(29.8	)		242.9
Write-down on investment securities		98.4			(2.0	)		100.5
Unrealized losses on available-for-sale securities		4.4			(6.1	)		10.6
Reserve for retirement benefits		97.3			(0.6	)		97.9
Other		212.4			10.7			201.6
Valuation allowance		(115.7	)		6.7			(122.4	)
Deferred tax liabilities		967.4			80.5			886.8
Unrealized gains on available-for-sale securities		767.5			95.9			671.5
Net deferred gains on hedges		55.0			(10.3	)		65.4
Revaluation gains on securities upon merger		62.4			0.2			62.2
Gains on securities contributed to employees’ retirement benefits trust		47.6			(1.0	)		48.7
Other		34.6			(4.1	)		38.8
Net deferred tax assets		(457.3	)		(101.8	)		(355.5	)

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


	(in billions of yen)
	FY2012			FY2013			FY2014			FY2015			FY2016			Interim FY2017
Net operating profits before provision for general allowance for credit losses		1,001.5			855.9			931.4			888.1			666.9			337.9
Total credit costs		(56.6	)		17.0			(70.7	)		(103.4	)		(25.4	)		58.9
Income before income taxes		877.4			984.7			860.2			884.7			632.2			401.5
Reconciliation to taxable income		(561.4	)		(336.2	)		(12.6	)		(113.3	)		(86.2	)		(108.4	)
Taxable income		316.0			648.5			847.5			771.3			546.0			293.1

(3) Classification Based on Prior Year Operating Results as Provided in the ASBJ Guidance No.26

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

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, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2017 (B)
Deferred tax assets		59.7			11.6			48.0
Gains on securities related to employees’retirement benefits trust		26.8			4.5			22.2
Allowance for credit losses		14.9			(4.3	)		19.2
Write-down on investment securities		9.0			0.0			8.9
Deferred losses on hedging instruments		4.3			4.2			0.1
Other		38.8			7.1			31.7
Valuation allowance		(34.3	)		(0.0	)		(34.2	)
Deferred tax liabilities		312.0			34.0			277.9
Unrealized gains on available-for-sale securities		243.5			24.0			219.5
Reserve for retirement benefits		55.8			9.3			46.5
Other		12.6			0.6			11.9
Net deferred tax assets		(252.3	)		(22.4	)		(229.8	)

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


	(in billions of yen)
	FY2012			FY2013			FY2014			FY2015			FY2016			Interim FY2017
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		162.2			162.9			190.4			193.0			181.4			104.3
Total credit costs		(8.6	)		18.0			(0.4	)		(0.2	)		(22.5	)		5.8
Income before income taxes		173.5			184.4			201.4			218.6			156.3			170.7
Reconciliation to taxable income		(84.9	)		(94.3	)		(40.4	)		(68.1	)		4.6			(39.6	)
Taxable income		88.6			90.1			160.9			150.4			160.9			131.1

(3) Classification Based on Prior Year Operating Results as Provided in the ASBJ Guidance No.26

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

Mitsubishi UFJ Financial Group, Inc.

(Reference)

1. Financial Statements

BTMU Non-consolidated

(1) Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2017			As of September 30, 2017
Assets:
Cash and due from banks		48,385,157			55,356,464
Call loans		231,509			328,984
Receivables under resale agreements		348,126			276,256
Receivables under securities borrowing transactions		5,569,376			5,474,042
Monetary claims bought		4,113,172			3,933,041
Trading assets		5,445,506			4,937,871
Money held in trust		24,145			22,515
Securities		42,235,515			40,993,747
Loans and bills discounted		81,394,063			80,969,897
Foreign exchanges		1,760,583			1,944,681
Other assets		6,877,190			7,607,306
Tangible fixed assets		855,651			876,066
Intangible fixed assets		375,430			373,192
Prepaid pension costs		270,907			275,997
Customers’ liabilities for acceptances and guarantees		6,867,455			7,023,285
Allowance for credit losses		(563,216	)		(456,478	)

Total assets		204,190,574			209,936,874

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2017			As of September 30, 2017
Liabilities:
Deposits		139,164,104			142,121,265
Negotiable certificates of deposit		6,536,329			6,611,070
Call money		372,403			400,719
Payables under repurchase agreements		4,417,551			5,860,365
Payables under securities lending transactions		3,042,298			3,157,106
Commercial papers		1,661,486			1,736,559
Trading liabilities		3,809,622			3,626,894
Borrowed money		16,425,610			17,412,047
Foreign exchanges		2,381,315			2,466,459
Bonds payable		3,269,912			2,827,294
Other liabilities		5,342,066			5,357,002
Reserve for bonuses		25,508			22,467
Reserve for bonuses to directors		114			32
Reserve for stocks payment		5,003			4,934
Reserve for retirement benefits		8,939			9,894
Reserve for loyalty award credits		1,375			1,593
Reserve for contingent losses		152,279			156,503
Deferred tax liabilities		355,549			457,357
Deferred tax liabilities for land revaluation		120,147			119,254
Acceptances and guarantees		6,867,455			7,023,285

Total liabilities		193,959,075			199,372,111

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		3,267,614			3,381,313
Revenue reserve		190,044			190,044
Other retained earnings		3,077,570			3,191,268
Funds for retirement benefits		2,432			2,432
Other reserve		718,196			718,196
Earned surplus brought forward		2,356,941			2,470,639
Treasury stock		(645,700	)		(645,700	)

Total shareholders’ equity		8,212,148			8,325,846

Net unrealized gains (losses) on available-for-sale securities		1,642,412			1,887,465
Net deferred gains (losses) on hedging instruments		148,777			125,248
Land revaluation excess		228,160			226,201

Total valuation and translation adjustments		2,019,351			2,238,915

Total net assets		10,231,499			10,564,762

Total liabilities and net assets		204,190,574			209,936,874

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, 2016			For the six months ended September 30, 2017
Ordinary income		1,501,227			1,570,415
Interest income		818,834			895,377
Interest on loans and bills discounted		482,337			574,564
Interest and dividends on securities		264,285			213,777
Fees and commissions		314,703			303,903
Trading income		90,370			33,895
Other operating income		145,819			184,458
Other ordinary income		131,500			152,780
Ordinary expenses		1,090,987			1,158,596
Interest expenses		262,126			394,247
Interest on deposits		70,289			121,757
Fees and commissions		85,928			84,775
Trading expenses		913			579
Other operating expenses		48,446			32,144
General and administrative expenses		578,497			594,187
Other ordinary expenses		115,075			52,661

Ordinary profits		410,239			411,819

Extraordinary gains		10,635			978
Extraordinary losses		8,909			11,210

Income before income taxes		411,964			401,586

Income taxes-current		98,189			94,380
Income taxes-deferred		(9,268	)		12,941

Total taxes		88,921			107,322

Net income		323,043			294,264

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2017			As of September 30, 2017
Assets:
Cash and due from banks		10,689,804			9,975,660
Call loans		267,590			78,939
Receivables under securities borrowing transactions		114,804			119,369
Monetary claims bought		15			15
Trading assets		553,416			612,533
Money held in trust		10,681			52,200
Securities		13,829,880			14,779,034
Loans and bills discounted		14,283,249			14,307,608
Foreign exchanges		77,433			55,492
Other assets		827,574			1,382,928
Tangible fixed assets		146,688			143,024
Intangible fixed assets		62,020			65,477
Prepaid pension costs		271,938			302,341
Customers’ liabilities for acceptances and guarantees		260,386			263,739
Allowance for credit losses		(59,306	)		(46,272	)

Total assets		41,336,180			42,092,092

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2017			As of September 30, 2017
Liabilities:
Deposits		16,334,673			14,448,165
Negotiable certificates of deposit		4,710,181			5,015,916
Call money		54,450			365,785
Payables under repurchase agreements		4,782,495			6,190,559
Payables under securities lending transactions		799,923			399,908
Commercial papers		540,057			779,148
Trading liabilities		139,686			122,085
Borrowed money		2,661,461			3,554,644
Foreign exchanges		38,157			46,585
Short-term bonds payable		239,999			149,999
Bonds payable		872,719			865,170
Due to trust accounts		6,738,770			6,576,576
Other liabilities		660,310			660,219
Reserve for bonuses		4,884			4,876
Reserve for bonuses to directors		57			20
Reserve for stocks payment		3,416			3,447
Reserve for retirement benefits		1,154			879
Reserve for contingent losses		7,478			21,755
Deferred tax liabilities		229,884			252,323
Deferred tax liabilities for land revaluation		4,335			4,232
Acceptances and guarantees		260,386			263,739

Total liabilities		39,084,484			39,726,041

Net assets:
Capital stock		324,279			324,279
Capital surplus		422,083			425,265
Capital reserve		250,619			250,619
Other capital surplus		171,464			174,646
Retained earnings		977,978			1,040,686
Revenue reserve		73,714			73,714
Other retained earnings		904,264			966,972
Funds for retirement benefits		710			710
Other reserve		138,495			138,495
Earned surplus brought forward		765,059			827,767

Total shareholders’ equity		1,724,341			1,790,231

Net unrealized gains (losses) on available-for-sale securities		529,191			586,366
Net deferred gains (losses) on hedging instruments		(344	)		(9,957	)
Land revaluation excess		(1,493	)		(589	)

Total valuation and translation adjustments		527,353			575,820

Total net assets		2,251,695			2,366,051

Total liabilities and net assets		41,336,180			42,092,092

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, 2016			For the six months ended September 30, 2017
Ordinary income		302,086			365,558
Trust fees		49,897			45,789
Interest income		128,844			178,472
Interest on loans and bills discounted		46,004			57,879
Interest and dividends on securities		76,679			107,868
Fees and commissions		65,576			70,956
Trading income		7,307			10,422
Other operating income		28,304			16,043
Other ordinary income		22,155			43,873
Ordinary expenses		196,570			243,875
Interest expenses		59,848			87,233
Interest on deposits		11,465			15,683
Fees and commissions		15,527			17,733
Trading expenses		60			54
Other operating expenses		12,117			13,002
General and administrative expenses		104,909			105,152
Other ordinary expenses		4,108			20,699

Ordinary profits		105,515			121,682

Extraordinary gains		36			53,250
Extraordinary losses		5,593			4,225

Income before income taxes		99,959			170,707

Income taxes-current		25,485			42,173
Income taxes-deferred		(1,255	)		2,437

Total taxes		24,230			44,611

Net income		75,728			126,096

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, 2017		As of September 30, 2017
Assets:
Loans and bills discounted		204,237		267,275
Securities		53,054,465		52,166,441
Beneficiary rights to the trust		58,907,613		64,553,174
Securities held in custody accounts		3,259,572		3,704,671
Monetary claims		13,051,405		17,284,680
Tangible fixed assets		12,493,551		13,022,417
Intangible fixed assets		207,803		123,356
Other claims		3,950,126		3,985,687
Call loans		705,784		344,687
Due from banking account		9,100,260		8,708,650
Cash and due from banks		5,731,968		6,581,566

Total		160,666,790		170,742,609

Liabilities:
Money trusts		21,817,433		23,294,994
Pension trusts		12,741,687		11,632,684
Property formation benefit trusts		7,549		7,376
Investment trusts		63,323,815		68,783,725
Money entrusted other than money trusts		3,372,911		3,601,804
Securities trusts		5,399,262		5,914,396
Monetary claim trusts		12,195,074		16,385,054
Equipment trusts		66,298		67,131
Land and fixtures trusts		44,291		43,968
Composite trusts		41,698,466		41,011,472

Total		160,666,790		170,742,609


Note:	1.	The table shown above includes master trust assets under the service-shared co-trusteeship between MUTB and The Master Trust Bank of Japan, Ltd.
	2.	Trust assets and liabilities under a declaration of trust excluded from above table are 1,507 millions of yen as of March 31, 2017 and 1,506 millions of yen as of September 30, 2017, respectively.

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, 2017		As of September 30, 2017
Assets:
Loans and bills discounted		18,293		17,221
Securities		89,677		88,163
Other		6,581,417		6,433,224

Total		6,689,388		6,538,610

Liabilities:
Principal		6,678,398		6,521,892
Allowance for bad debts		55		51
Other		10,934		16,666

Total		6,689,388		6,538,610

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(4) Major Items


(in millions of yen)	As of March 31, 2017		As of September 30, 2017
Total funds		55,611,525		54,399,137

Deposits		16,334,673		14,448,165
Negotiable certificates of deposit		4,710,181		5,015,916
Money trusts		21,817,433		23,294,994
Pension trusts		12,741,687		11,632,684
Property formation benefit trusts		7,549		7,376

Loans and bills discounted		14,487,486		14,574,884

Banking account		14,283,249		14,307,608
Trust account		204,237		267,275

Investment securities		66,884,346		66,945,476

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.