Edgar Filing: MITSUBISHI UFJ FINANCIAL GROUP INC

Company name:

Mitsubishi UFJ Financial Group, Inc.

Stock exchange listings: Tokyo, Nagoya, New York

Code number:

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

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 July 2015

Commission File No. 000-54189

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

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

Tokyo 100-8330, Japan

(Address of principal executive office)

Indicate by check mark whether the registrant files or

will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(7):

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 31, 2015


Mitsubishi UFJ Financial Group, Inc.

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

LOGO

Consolidated Summary Report

<under Japanese GAAP>

for the three months ended June 30, 2015

July 31, 2015

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

1. Consolidated Financial Data for the Three Months ended June 30, 2015

(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
Three months ended	million yen		%			million yen		%			million yen		%
June 30, 2015		1,559,954		19.8			485,035		22.8			277,761		15.5
June 30, 2014		1,301,827		(1.2	)		394,944		(6.1	)		240,491		(5.8	)

(*)	Comprehensive income June 30, 2015: 26,324 million yen, (95.1)%; June 30, 2014: 541,208 million yen, 103.8%


	Basic earnings per share		Diluted earnings per share
Three months ended	yen		yen
June 30, 2015		19.86		19.74
June 30, 2014		16.98		16.89

(2) Financial Conditions


	Total Assets		Total Net Assets		*Equity-to-asset ratio ()**
As of	million yen		million yen		%
June 30, 2015		284,991,529		17,079,899		5.3
March 31, 2015		286,149,768		17,287,533		5.4

(Reference) Shareholders’ equity as of June 30, 2015: 15,117,802 million yen; March 31, 2015: 15,317,940 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, 2015		—		9.00		—		9.00		18.00
ending March 31, 2016		—		——		——		——		——
ending March 31, 2016 (Forecast)		——		9.00		—		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, 2016 (Consolidated)

MUFG has the target of 950.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2016. (There is no change to our earnings target released on May 15, 2015.)

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.

Notes

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

(2)	Adoption of any particular accounting methods for quarterly consolidated financial statements: No

(3)	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

(D) Restatements: No

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


(A) Total stocks outstanding including treasury stocks:	June 30, 2015	14,168,853,820 shares
	March 31, 2015	14,168,853,820 shares
(B) Treasury stocks:	June 30, 2015	261,320,276 shares
	March 31, 2015	151,014,803 shares
(C) Average outstanding stocks:	Three months ended June 30, 2015	13,986,676,532 shares
	Three months ended June 30, 2014	14,162,158,915 shares

*Disclosure regarding the execution of the quarterly review process

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

*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. To date, we have published U.S. GAAP financial results only on a semiannual and annual basis, and currently do not expect to publish U.S. GAAP financial results for the period reported in this financial summary report.

Mitsubishi UFJ Financial Group, Inc.

(Appendix)

Contents of Appendix


1. Consolidated Financial Statements		2
(1) Consolidated Balance Sheets		2
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income		4
(3) Notes on Going-Concern Assumption		6
(4) Notes for Material Changes in Shareholders’ Equity		6
Supplemental Information:

“Selected Financial Information under Japanese GAAP for the Three Months Ended June 30, 2015”

Mitsubishi UFJ Financial Group, Inc.

1. Consolidated Financial Statements

(1) Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2015			As of June 30, 2015
Assets:
Cash and due from banks		40,488,318			43,069,788
Call loans and bills bought		604,625			527,850
Receivables under resale agreements		7,342,335			6,961,798
Receivables under securities borrowing transactions		4,633,544			6,493,552
Monetary claims bought		4,570,712			4,437,024
Trading assets		20,810,617			19,515,674
Money held in trust		700,218			770,446
Securities		73,538,191			66,565,549
Loans and bills discounted		109,368,340			111,153,758
Foreign exchanges		2,187,311			1,888,513
Other assets		10,119,936			11,601,372
Tangible fixed assets		1,352,727			1,354,429
Intangible fixed assets		1,297,277			1,284,826
Net defined benefit assets		504,761			540,722
Deferred tax assets		114,919			96,223
Customers’ liabilities for acceptances and guarantees		9,511,714			9,688,796
Allowance for credit losses		(995,784	)		(958,799	)

Total assets		286,149,768			284,991,529

Liabilities:
Deposits		153,357,410			155,405,520
Negotiable certificates of deposit		16,073,850			15,184,605
Call money and bills sold		3,600,104			3,233,660
Payables under repurchase agreements		21,899,506			19,420,587
Payables under securities lending transactions		8,205,350			7,426,473
Commercial papers		2,179,634			1,894,284
Trading liabilities		15,521,917			15,387,992
Borrowed money		13,866,196			13,468,551
Foreign exchanges		1,496,476			2,661,184
Short-term bonds payable		789,512			816,204
Bonds payable		8,141,713			8,456,955
Due to trust accounts		3,183,295			3,574,889
Other liabilities		9,530,371			9,971,852
Reserve for bonuses		90,360			35,918
Reserve for bonuses to directors		454			51
Net defined benefit liabilities		62,121			61,980
Reserve for retirement benefits to directors		1,086			850
Reserve for loyalty award credits		15,375			15,966
Reserve for contingent losses		204,790			183,473
Reserves under special laws		3,771			3,955
Deferred tax liabilities		988,550			879,285
Deferred tax liabilities for land revaluation		138,669			138,589
Acceptances and guarantees		9,511,714			9,688,796

Total liabilities		268,862,234			267,911,630

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2015			As of June 30, 2015
Net assets:
Capital stock		2,141,513			2,141,513
Capital surplus		1,428,403			1,427,311
Retained earnings		7,860,410			8,036,406
Treasury stock		(101,661	)		(201,053	)

Total shareholders’ equity		11,328,666			11,404,176

Net unrealized gains (losses) on other securities		2,835,091			2,621,457
Net deferred gains (losses) on hedging instruments		83,194			59,696
Land revaluation excess		172,350			172,329
Foreign currency translation adjustments		951,547			910,669
Remeasurements of defined benefit plans		(52,909	)		(50,527	)

Total accumulated other comprehensive income		3,989,274			3,713,625

Subscription rights to shares		8,271			8,121
Non-controlling interests		1,961,322			1,953,976

Total net assets		17,287,533			17,079,899

Total liabilities and net assets		286,149,768			284,991,529

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 three months ended June 30, 2014		For the three months ended June 30, 2015
Ordinary income		1,301,827		1,559,954
Interest income		633,171		705,685
Interest on loans and bills discounted		419,634		460,283
Interest and dividends on securities		131,928		161,831
Trust fees		24,844		27,134
Fees and commissions		331,310		357,567
Trading income		59,513		83,506
Other business income		143,362		210,820
Other ordinary income		109,624		175,239
Ordinary expenses		906,882		1,074,919
Interest expenses		142,470		160,338
Interest on deposits		65,749		77,166
Fees and commissions		46,746		51,586
Other business expenses		35,536		102,784
General and administrative expenses		635,681		656,903
Other ordinary expenses		46,447		103,305

Ordinary profits		394,944		485,035

Extraordinary gains		221		211
Gains on disposition of fixed assets		221		211
Extraordinary losses		34,209		37,163
Losses on disposition of fixed assets		575		912
Losses on impairment of fixed assets		142		54
Provision for reserve for contingent liabilities from financial instruments transactions		199		183
Losses on change in equity		33,291		36,013

Income before income taxes and others		360,957		448,084

Income taxes—current		81,210		107,655
Income taxes—deferred		16,496		28,060

Total taxes		97,707		135,716

Profits		263,250		312,367

Profits attributable to non-controlling interests		22,759		34,605

Profits attributable to owners of parent		240,491		277,761

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the three months ended June 30, 2014			For the three months ended June 30, 2015
Profits		263,250			312,367
Other comprehensive income
Net unrealized gains (losses) on other securities		317,124			(221,005	)
Net deferred gains (losses) on hedging instruments		38,081			(26,663	)
Land revaluation excess		—			(1	)
Foreign currency translation adjustments		(61,769	)		(32,566	)
Remeasurements of defined benefit plans		4,911			1,915
Share of other comprehensive income of associates accounted for using equity method		(20,388	)		(7,721	)

Total other comprehensive income		277,958			(286,043	)

Comprehensive income		541,208			26,324

(Comprehensive income attributable to)
Comprehensive income attributable to owners of parent		520,894			(9,038	)
Comprehensive income attributable to non-controlling interests		20,314			35,362

Mitsubishi UFJ Financial Group, Inc.

(3)	Notes on Going-Concern Assumption

Not applicable

(4)	Notes for Material Changes in Shareholders’ Equity

Not applicable

Selected Financial Information

under Japanese GAAP

For the Three Months Ended June 30, 2015


Mitsubishi UFJ Financial Group, Inc.

Mitsubishi UFJ Financial Group, Inc.

[Contents]



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

2. Non Performing Loans Based on the Financial Reconstruction Law	[ BTMU and MUTB Combined including Trust Account ]	——	5
	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]
	[ MUTB Non-consolidated : Trust Account ]

3. Securities	[ MUFG Consolidated ]	——	6
	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

4. ROE	[ MUFG Consolidated ]	——	9

5. Average Interest Rate Spread	[ BTMU and MUTB Combined ]	——	10
	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

6. Loans and Deposits	[ BTMU and MUTB Combined ]	——	11
	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

7. Statements of Trust Assets and Liabilities	[ MUTB Non-consolidated ]	——	12

(Reference)

Exposure to “Securitized Products and Related Investments”		——	13

(*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 billions of yen)
	For the three months ended						Increase (Decrease) (A) - (B)
	June 30, 2015 (A)			June 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,070.0			967.4			102.5
Gross profits before credit costs for trust accounts		1,070.0			967.4			102.5
Net interest income		545.3			490.7			54.6
Trust fees		27.1			24.8			2.2
Credit costs for trust accounts (1)		—			—			—
Net fees and commissions		305.9			284.5			21.4
Net trading profits		83.5			59.5			23.9
Net other business profits		108.0			107.8			0.2
Net gains (losses) on debt securities		79.3			85.4			(6.0	)
General and administrative expenses		653.1			628.2			24.9
Amortization of goodwill		4.4			3.8			0.6
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		421.3			343.0			78.2
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		416.8			339.2			77.5
Provision for general allowance for credit losses (2)		—			—			—
Net business profits*		416.8			339.2			77.5
Net non-recurring gains (losses)		68.1			55.6			12.4
Credit costs (3)		(75.0	)		(28.2	)		(46.8	)
Losses on loan write-offs		(36.6	)		(28.1	)		(8.5	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(38.4	)		(0.0	)		(38.3	)
Reversal of allowance for credit losses (4)		21.6			5.8			15.8
Reversal of reserve for contingent losses included in credit costs (5)		—			0.4			(0.4	)
Gains on loans written-off (6)		13.7			14.4			(0.7	)
Net gains (losses) on equity securities		31.6			17.9			13.7
Gains on sales of equity securities		41.7			22.5			19.2
Losses on sales of equity securities		(3.8	)		(4.0	)		0.2
Losses on write-down of equity securities		(6.2	)		(0.4	)		(5.7	)
Profits (losses) from investments in affiliates		85.7			44.8			40.8
Other non-recurring gains (losses)		(9.4	)		0.3			(9.8	)

Ordinary profits		485.0			394.9			90.0

Net extraordinary gains (losses)		(36.9	)		(33.9	)		(2.9	)
Net gains (losses) on change in equity		(36.0	)		(33.2	)		(2.7	)
Income before income taxes and others		448.0			360.9			87.1
Income taxes-current		107.6			81.2			26.4
Income taxes-deferred		28.0			16.4			11.5
Total taxes		135.7			97.7			38.0
Profits		312.3			263.2			49.1
Profits attributable to non-controlling interests		34.6			22.7			11.8

Profits attributable to owners of parent		277.7			240.4			37.2

Note:

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

(Reference)

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

(39.6

)

(7.4

)

(32.2

)

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in billions of yen)
	For the three months ended						Increase (Decrease) (A) - (B)
	June 30, 2015 (A)			June 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		658.0			598.7			59.3
Gross profits before credit costs for trust accounts		658.0			598.7			59.3
Net interest income		393.3			328.5			64.8
Trust fees		20.5			18.8			1.6
Credit costs for trust accounts (1)		—			—			—
Net fees and commissions		130.1			129.2			0.8
Net trading profits		19.7			23.4			(3.7	)
Net other business profits		94.2			98.5			(4.3	)
Net gains (losses) on debt securities		76.3			84.7			(8.3	)
General and administrative expenses		332.5			346.0			(13.5	)
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		325.5			252.6			72.8
Provision for general allowance for credit losses (2)		—			—			—
Net business profits		325.5			252.6			72.8
Net non-recurring gains (losses)		10.8			24.3			(13.4	)
Credit costs (3)		(54.0	)		(10.0	)		(43.9	)
Losses on loan write-offs		(15.8	)		(9.9	)		(5.9	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(38.1	)		(0.0	)		(38.0	)
Reversal of allowance for credit losses (4)		37.2			25.3			11.9
Reversal of reserve for contingent losses included in credit costs (5)		0.5			2.1			(1.6	)
Gains on loans written-off (6)		3.1			3.0			0.1
Net gains (losses) on equity securities		26.2			10.9			15.2
Gains on sales of equity securities		36.1			15.2			20.8
Losses on sales of equity securities		(3.6	)		(3.9	)		0.2
Losses on write-down of equity securities		(6.2	)		(0.3	)		(5.8	)
Other non-recurring gains (losses)		(2.3	)		(7.1	)		4.8

Ordinary profits		336.3			276.9			59.3

Net extraordinary gains (losses)		17.7			(0.4	)		18.1
Gains on sales of equity securities of subsidiaries		18.3			—			18.3
Income before income taxes		354.1			276.5			77.5
Income taxes-current		95.5			90.6			4.9
Income taxes-deferred		10.8			(14.1	)		24.9
Total taxes		106.3			76.5			29.8

Net income		247.7			199.9			47.7


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(13.0	)		20.5			(33.6	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in billions of yen)
	For the three months ended						Increase (Decrease) (A) - (B)
	June 30, 2015 (A)			June 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		564.7			513.2			51.5
Net interest income		336.3			287.5			48.8
Net fees and commissions		110.3			110.0			0.2
Net trading profits		18.7			13.2			5.5
Net other business profits		99.3			102.4			(3.1	)
Net gains (losses) on debt securities		80.2			80.5			(0.2	)
General and administrative expenses		287.5			300.6			(13.1	)
Amortization of goodwill		0.0			0.0			0.0
Net business profits before provision for general allowance for credit losses and amortization of goodwill		277.3			212.7			64.6
Net business profits before provision for general allowance for credit losses		277.2			212.6			64.6
Provision for general allowance for credit losses (1)		—			—			—
Net business profits		277.2			212.6			64.6
Net non-recurring gains (losses)		11.8			17.1			(5.3	)
Credit costs (2)		(53.8	)		(9.9	)		(43.8	)
Losses on loan write-offs		(15.7	)		(9.9	)		(5.7	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(38.1	)		(0.0	)		(38.1	)
Reversal of allowance for credit losses (3)		36.9			23.0			13.9
Reversal of reserve for contingent losses included in credit costs (4)		0.3			2.1			(1.8	)
Gains on loans written-off (5)		3.1			2.9			0.2
Net gains (losses) on equity securities		28.3			5.6			22.6
Gains on sales of equity securities		35.3			9.8			25.4
Losses on sales of equity securities		(1.5	)		(3.9	)		2.3
Losses on write-down of equity securities		(5.4	)		(0.2	)		(5.1	)
Other non-recurring gains (losses)		(3.0	)		(6.6	)		3.6

Ordinary profits		289.1			229.8			59.3

Net extraordinary gains (losses)		17.8			(0.4	)		18.3
Gains on sales of equity securities of subsidiaries		18.3			—			18.3
Income before income taxes		307.0			229.3			77.6
Income taxes-current		83.7			76.5			7.1
Income taxes-deferred		9.5			(13.9	)		23.5
Total taxes		93.3			62.6			30.6

Net income		213.7			166.7			46.9


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		(13.3	)		18.1			(31.5	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in billions of yen)
	For the three months ended						Increase (Decrease) (A) - (B)
	June 30, 2015 (A)			June 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		93.2			85.4			7.8
Gross profits before credit costs for trust accounts		93.2			85.4			7.8
Trust fees		20.5			18.8			1.6
Credit costs for trust accounts (1)		—			—			—
Net interest income		56.9			41.0			15.9
Net fees and commissions		19.8			19.2			0.6
Net trading profits		0.9			10.1			(9.2	)
Net other business profits		(5.0	)		(3.8	)		(1.1	)
Net gains (losses) on debt securities		(3.8	)		4.2			(8.0	)
General and administrative expenses		45.0			45.4			(0.3	)
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		48.2			40.0			8.2
Provision for general allowance for credit losses (2)		—			—			—
Net business profits		48.2			40.0			8.2
Net non-recurring gains (losses)		(1.0	)		7.1			(8.1	)
Credit costs (3)		(0.1	)		(0.0	)		(0.1	)
Losses on loan write-offs		(0.1	)		(0.0	)		(0.1	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		—			(0.0	)		0.0
Reversal of allowance for credit losses (4)		0.3			2.3			(2.0	)
Reversal of reserve for contingent losses included in credit costs (5)		0.1			—			0.1
Gains on loans written-off (6)		0.0			0.1			(0.0	)
Net gains (losses) on equity securities		(2.1	)		5.2			(7.3	)
Gains on sales of equity securities		0.8			5.4			(4.6	)
Losses on sales of equity securities		(2.1	)		(0.0	)		(2.0	)
Losses on write-down of equity securities		(0.8	)		(0.1	)		(0.7	)
Other non-recurring gains (losses)		0.7			(0.5	)		1.2

Ordinary profits		47.2			47.1			0.0

Net extraordinary gains (losses)		(0.1	)		0.0			(0.1	)
Income before income taxes		47.0			47.1			(0.0	)
Income taxes-current		11.8			14.0			(2.2	)
Income taxes-deferred		1.2			(0.1	)		1.3
Total taxes		13.0			13.9			(0.8	)

Net income		34.0			33.2			0.7


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		0.3			2.3			(2.0	)

Mitsubishi UFJ Financial Group, Inc.

2. Non Performing Loans Based on the Financial Reconstruction Law

BTMU and MUTB Combined including Trust Account


	(in billions of yen)
	As of June 30, 2015			As of March 31, 2015
Bankrupt or De facto Bankrupt		125.7			89.8
Doubtful		566.3			571.4
Special Attention		519.7			561.9

Non Performing Loans		1,211.7			1,223.2

Total loans		107,037.7			105,335.6

Non Performing Loans / Total loans		1.13	%		1.16	%

BTMU Non-consolidated
	(in billions of yen)
	As of June 30, 2015			As of March 31, 2015
Bankrupt or De facto Bankrupt		123.8			87.9
Doubtful		549.1			549.6
Special Attention		496.4			539.3

Non Performing Loans		1,169.4			1,176.9

Total loans		93,853.1			92,293.9

Non Performing Loans / Total loans		1.24	%		1.27	%

MUTB Non-consolidated
	(in billions of yen)
	As of June 30, 2015			As of March 31, 2015
Bankrupt or De facto Bankrupt		1.8			1.8
Doubtful		17.0			21.6
Special Attention		22.5			21.8

Non Performing Loans		41.5			45.4

Total loans		13,158.6			13,014.6

Non Performing Loans / Total loans		0.31	%		0.34	%

MUTB Non-consolidated: Trust Account
	(in billions of yen)
	As of June 30, 2015			As of March 31, 2015
Bankrupt or De facto Bankrupt		0.0			0.0
Doubtful		0.1			0.1
Special Attention		0.6			0.7

Non Performing Loans		0.8			0.9

Total loans		25.9			27.0

Non Performing Loans / Total loans		3.15	%		3.41	%

Mitsubishi UFJ Financial Group, Inc.

3. 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”.

(in billions of yen)

As of June 30, 2015

As of March 31, 2015

Amount on
consolidated
balance sheet

Differences

Amount on
consolidated
balance sheet

Differences

Debt securities being held to maturity

4,071.3

58.1

4,133.6

53.7

(in billions of yen)

As of June 30, 2015

As of March 31, 2015

Amount on
consolidated
balance sheet

Differences

Amount on
consolidated
balance sheet

Differences

Other securities

62,210.8

3,796.5

69,336.2

4,133.2

Domestic equity securities

5,954.6

3,174.3

5,721.3

2,930.0

Domestic bonds

33,576.8

254.6

36,520.2

326.3

Other

22,679.3

367.4

27,094.6

876.8

Foreign equity securities

196.6

64.3

191.4

58.4

Foreign bonds

18,290.4

169.6

22,564.9

597.3

Other

4,192.2

133.4

4,338.2

220.9

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

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

(in billions of yen)

As of June 30, 2015

As of March 31, 2015

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Debt securities being held to maturity

2,942.9

31.8

3,102.2

37.8

Stocks of subsidiaries and affiliates

843.4

(2.7

)

865.6

206.0

(in billions of yen)

As of June 30, 2015

As of March 31, 2015

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Other securities

43,098.4

2,823.8

48,785.0

3,073.2

Domestic equity securities

4,874.4

2,502.2

4,673.9

2,291.3

Domestic bonds

27,205.3

202.5

29,967.1

275.0

Other

11,018.7

118.9

14,143.9

506.7

Foreign equity securities

185.7

59.6

178.5

53.5

Foreign bonds

7,883.7

38.6

10,872.2

352.5

Other

2,949.2

20.6

3,093.0

100.5

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

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

(in billions of yen)

As of June 30, 2015

As of March 31, 2015

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Debt securities being held to maturity

24.9

0.0

24.9

0.0

Stocks of subsidiaries and affiliates

57.7

125.2

57.7

133.9

(in billions of yen)

As of June 30, 2015

As of March 31, 2015

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Other securities

15,619.3

889.5

16,903.4

966.8

Domestic equity securities

1,132.0

607.3

1,081.8

556.0

Domestic bonds

6,396.7

51.5

6,479.4

50.3

Other

8,090.5

230.6

9,342.1

360.4

Foreign equity securities

0.0

0.0

Foreign bonds

7,205.5

121.8

8,455.7

243.3

Other

884.9

108.7

886.3

117.0

Mitsubishi UFJ Financial Group, Inc.

4. ROE

MUFG Consolidated


	(%)
	For the three months ended June 30, 2015		For the three months ended June 30, 2014
ROE		9.03		8.56


Note:
ROE is computed as follows:

(profits attributable to owners of parent × 4) - Equivalent of annual dividends on nonconvertible preferred stocks					×100
{(Total shareholders’ equity at the beginning of the period - Number of nonconvertible preferred stocks at the beginning of the period × Issue price + Foreign currency translation adjustments at the beginning of the period) + (Total shareholders’ equity at the end of the period - Number of nonconvertible preferred stocks at the end of the period × Issue price + Foreign currency translation adjustments at the end of the period)} / 2

Mitsubishi UFJ Financial Group, Inc.

5. Average Interest Rate Spread

BTMU and MUTB Combined

(Domestic business segment)


	(percentage per annum)
	For the three months ended June 30, 2015		For the three months ended June 30, 2014
Average interest rate on loans and bills discounted		0.93		1.01
Average interest rate on deposits and NCD		0.04		0.05
Interest rate spread		0.88		0.96

(After excluding loans to the Japanese government and governmental organizations)	(percentage per annum)
Average interest rate on loans and bills discounted		1.06		1.16
Interest rate spread		1.02		1.11

BTMU Non-consolidated

(Domestic business segment)


	(percentage per annum)
	For the three months ended June 30, 2015		For the three months ended June 30, 2014
Average interest rate on loans and bills discounted		0.97		1.05
Average interest rate on deposits and NCD		0.03		0.03
Interest rate spread		0.93		1.02

(After excluding loans to the Japanese government and governmental organizations)	(percentage per annum)
Average interest rate on loans and bills discounted		1.14		1.24
Interest rate spread		1.11		1.20

MUTB Non-consolidated

(Domestic business segment)


	(percentage per annum)
	For the three months ended June 30, 2015		For the three months ended June 30, 2014
Average interest rate on loans and bills discounted		0.68		0.78
Average interest rate on deposits and NCD		0.13		0.14
Interest rate spread		0.55		0.63

(After excluding loans to the Japanese government and governmental organizations)	(percentage per annum)
Average interest rate on loans and bills discounted		0.68		0.78
Interest rate spread		0.55		0.63

Mitsubishi UFJ Financial Group, Inc.

6. Loans and Deposits

BTMU and MUTB Combined


	(in billions of yen)
	As of June 30, 2015		As of March 31, 2015
Deposits (ending balance)		139,666.7		137,332.3
Deposits (average balance)		137,964.8		132,006.8
Loans (ending balance)		97,156.2		95,350.2
Loans (average balance)		97,069.0		94,794.2

	(in billions of yen)
	As of June 30, 2015		As of March 31, 2015
Domestic deposits (ending balance)*		118,445.4		117,864.3
Individuals		70,508.9		70,415.1

Note:

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

BTMU Non-consolidated


	(in billions of yen)
	As of June 30, 2015		As of March 31, 2015
Deposits (ending balance)		126,750.9		124,590.9
Deposits (average balance)		125,064.1		119,381.2
Loans (ending balance)		84,421.1		82,740.3
Loans (average balance)		84,391.2		82,699.4

	(in billions of yen)
	As of June 30, 2015		As of March 31, 2015
Domestic deposits (ending balance)*		107,023.4		106,458.7
Individuals		62,322.9		62,194.0

Note:

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

MUTB Non-consolidated


	(in billions of yen)
	As of June 30, 2015		As of March 31, 2015
Deposits (ending balance)		12,915.8		12,741.4
Deposits (average balance)		12,900.7		12,625.6
Loans (ending balance)		12,735.0		12,609.8
Loans (average balance)		12,677.8		12,094.8

	(in billions of yen)
	As of June 30, 2015		As of March 31, 2015
Domestic deposits (ending balance)*		11,422.0		11,405.5
Individuals		8,186.0		8,221.1

Note:

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

Mitsubishi UFJ Financial Group, Inc.

7. Statements of Trust Assets and Liabilities

MUTB Non-consolidated

Including trust assets under service-shared co-trusteeship


(in billions of yen)	As of March 31, 2015		As of June 30, 2015
Assets:
Loans and bills discounted		112.3		114.5
Securities		58,086.9		56,376.6
Beneficiary rights to the trust		49,353.2		53,196.3
Securities held in custody accounts		3,172.3		3,592.2
Monetary claims		10,619.0		10,302.7
Tangible fixed assets		10,805.0		10,944.0
Intangible fixed assets		192.5		193.9
Other claims		5,040.4		4,381.4
Call loans		2,307.4		2,259.5
Due from banking account		3,184.7		3,574.8
Cash and due from banks		3,449.1		3,532.9

Total		146,323.3		148,469.3

Liabilities:
Money trusts		23,452.5		21,270.7
Pension trusts		15,360.6		15,512.1
Property formation benefit trusts		8.3		8.3
Investment trusts		48,930.3		52,794.5
Money entrusted other than money trusts		3,218.8		3,522.1
Securities trusts		5,066.0		5,420.0
Monetary claim trusts		10,266.6		9,891.3
Equipment trusts		44.4		42.4
Land and fixtures trusts		82.3		82.4
Composite trusts		39,893.1		39,925.1

Total		146,323.3		148,469.3


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.

Mitsubishi UFJ Financial Group, Inc.

(Reference)

Exposure to “Securitized Products and Related Investments”

Our exposure to securitized products and related investments as of the end of June 2015 is outlined below. (Figures are on a managerial basis and rounded off to billion yen or to the second decimal point of trillion yen)

1.	Balance, net unrealized gains (losses), realized gains (losses)

(1)	The balance as of the end of June 2015 was ¥3.32 trillion in total, a decrease of ¥0.07 trillion from the balance as of the end of March 2015, mainly due to a decrease in CLOs.

(2)	Net unrealized losses were ¥4 billion, worsened by ¥1 billion compared to the end of March 2015.

(3)	P/L impact for the quarter ended June 30, 2015 was nil.


	(¥bn)
												of which securities being held to maturity²
	Balance¹		Change from end of March 2015			Net unrealized gains (losses)			Change from end of March 2015			Balance		Net unrealized gains (losses)
RMBS		20		(1	)		4			0			0		0
Sub-prime RMBS		0		0			0			0			0		0
CMBS		417		12			(4	)		(7	)		217		(3	)
CLOs		2,805		(73	)		(7	)		6			1,836		(4	)
Other securitized products (card, etc.)		74		(12	)		2			0			20		0
CDOs		0		0			0			0			0		0
Sub-prime ABS CDOs		0		0			0			0			0		0
SIV		0		0			0			0			0		0

Total		3,316		(74	)		(4	)		(1	)		2,074		(8	)

1.	Balance is the amount after impairment and before deducting net unrealized gains (losses).

The above table does not include mortgage-backed securities arranged and guaranteed by U.S. government sponsored enterprises, etc., Japanese RMBS such as Japanese Housing Finance Agency securities, and products held by funds such as investment trusts. These are also applicable to the tables in this document.

Following the publication of “Tentative Solution on Reclassification of Debt Securities” (Practical Issue Task Force No.26, The Accounting Standards Board of Japan, December 5, 2008), some of our securitized products were reclassified into “securities being held to maturity” from “securities available for sale” at and after the end of January 2009. The balance and net unrealized gains (losses) of the securities being held to maturity in the above table are based on book value before reclassification.

2.	Distribution by rating

(1)

AAA-rated products accounted for 87% of our investments in securitized products as of the end of June 2015, unchanged from the end of March 2015. The volume of holdings of high-rated securitized product decreased, while the total volume of holdings of securitized product also decreased, resulted unchange in the the ratio.

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


	(¥bn)
	AAA			AA			A			BBB			BB or lower			Unrated			Total
RMBS		2			3			0			10			5			0			20
Sub-prime RMBS		0			0			0			0			0			0			0
CMBS		174			243			0			0			0			0			417
CLOs		2,679			80			44			2			0			0			2,805
Other securitized products (card, etc.)		21			24			0			0			0			29			74
CDOs		0			0			0			0			0			0			0
Sub-prime ABS CDOs		0			0			0			0			0			0			0
SIV		0			0			0			0			0			0			0

Total		2,876			349			44			13			5			29			3,316

Percentage of total		87	%		11	%		1	%		0	%		0	%		1	%		100	%
Percentage of total (End of March 2015)		87	%		10	%		1	%		0	%		0	%		1	%		100	%

Mitsubishi UFJ Financial Group, Inc.

3.	Credit exposure related to leveraged loan (LBO loan)

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

(2)	The following table shows the balances of LBO loans as of the end of June 2015.


	(¥bn)
	Americas		Europe		Asia		Japan		Total		Change from end of March 2015
LBO Loan³ (Balance on a commitment basis)		16		130		0		337		484		10
Balance on a booking basis		5		106		0		308		419		13

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

4.	Special Purpose Entities (SPEs)

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

(2)	The balance of assets purchased by ABCP conduits (special purpose companies for issuing ABCP) as of the end of June 2015 was ¥4.66 trillion (including ¥2.53 trillion in overseas).

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

End


<Terminology>

RMBS	:	Asset-backed securities collateralized by residential mortgages
CMBS	:	Asset-backed securities collateralized by commercial mortgages
CLOs	:	Collateralized loan obligations backed by whole commercial loans, revolving credit facilities, or letters of credit
CDOs	:	Structured credit securities backed by a pool of securities, loans, or credit default swaps
ABS CDOs	:	Collateralized debt obligations backed by asset backed securities
SIVs	:	Investment companies established mainly for gaining profit margin by raising funds through subordinated notes and short-term CPs, etc. and investing in relatively long-term securitized products and bonds, etc.
LBO Loans	:	Loans collateralized by assets and/or future cash flows of an acquired company
ABCP	:	Commercial papers issued by a Special Purposed Company (SPC) collateralized by receivables