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 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: November 13, 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 six months ended September 30, 2015

November 13, 2015


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 27, 2015		Dividend payment date:	December 4, 2015
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, 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
Six months ended	million yen		%		million yen		%		million yen		%
September 30, 2015		2,991,884		8.3		969,908		2.1		599,321		3.6
September 30, 2014		2,761,541		6.9		949,892		11.7		578,716		9.1

(*)	Comprehensive income

September 30, 2015: 52,662 million yen, (95.5) % ; September 30, 2014: 1,163,937 million yen, 26.5 %


	Basic earnings per share		Diluted earnings per share
Six months ended	yen		yen
September 30, 2015		42.97		42.76
September 30, 2014		40.86		40.66

(2) Financial Conditions


	Total Assets		Total Net Assets		*Equity-to-asset ratio ()**
As of	million yen		million yen		%
September 30, 2015		289,165,030		17,119,928		5.2
March 31, 2015		286,149,768		17,287,533		5.4

(Reference) Shareholders’ equity as of September 30, 2015: 15,117,639 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		—		9.00		——		——		——
ending March 31, 2016 (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, 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)	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, 2015	14,168,853,820 shares
	March 31, 2015	14,168,853,820 shares
(B) Treasury stocks:	September 30, 2015	258,525,438 shares
	March 31, 2015	151,014,803 shares
(C) Average outstanding stocks:	Six months ended September 30, 2015	13,948,270,022 shares
	Six months ended September 30, 2014	14,164,063,621 shares

(Reference) Summary of non-consolidated financial data

Non-consolidated Financial Data for the Six Months ended September 30, 2015

(1) Results of Operations


	(% represents the change from the same period in the previous fiscal year)
	Operating Income				Operating Profits				Ordinary Profits				Net Income
Six months ended	million yen		%		million yen		%		million yen		%		million yen		%
September 30, 2015		319,952		29.0		307,959		29.9		300,567		30.4		300,795		30.3
September 30, 2014		247,952		114.8		236,988		122.7		230,411		131.2		230,901		132.5


	Basic earnings per share
Six months ended	yen
September 30, 2015		21.56
September 30, 2014		16.30

(2) Financial Conditions


	Total Assets		Total Net Assets		Equity-to-asset ratio
As of	million yen		million yen		%
September 30, 2015		10,831,331		8,434,464		77.8
March 31, 2015		10,646,262		8,357,950		78.4

(Reference) Shareholders’ equity as of September 30, 2015: 8,426,682 million yen; March 31, 2015: 8,349,679 million yen

* Disclosure regarding the execution of the interim audit process

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

* Notes for using forecasted information etc.

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. Qualitative Information Pertaining to Consolidated Earnings and others for the Six Months ended September 30, 2015			2

(1) Qualitative Information Pertaining to Consolidated Earnings Target			2

2. Consolidated Financial Statements			3

(1) Consolidated Balance Sheets			3

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income			5

(3) Consolidated Statements of Changes in Net Assets			7

(4) Notes on Going-Concern Assumption			9

3. Non-consolidated Financial Statements			10

(1) Non-consolidated Balance Sheets			10

(2) Non-consolidated Statements of Income			11

(3) Non-consolidated Statements of Changes in Net Assets			12

(4) Notes on Going-Concern Assumption			14

Supplemental Information:

“Selected Financial Information under Japanese GAAP for the Six Months Ended September 30, 2015”

(*)	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 13, 2015 (Friday)

Explanation for investors and analysts:		November 20, 2015 (Friday)

Mitsubishi UFJ Financial Group, Inc.

1. Qualitative Information Pertaining to Consolidated Earnings and others for the Six Months ended September 30, 2015

(1) Qualitative Information Pertaining to Consolidated Earnings Target

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.)

As for other figures released on May 15, 2015, MUFG has revised some of them taking into account the performance of interim results as shown in the following table.

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

[Reference]

MUFG Consolidated


(in billions of Japanese yen)	For the fiscal year ending March 31, 2016			For the six months ended September 30, 2015 (Results)			For the fiscal year ended March 31, 2015 (Results)			For the six months ended September 30, 2014 (Results)
Total credit costs		(120.0	)		(31.0	)		(161.6	)		41.1
Ordinary profits (losses)		1,580.0			969.9			1,713.0			949.8

Profits attributable to owners of parent		950.0			599.3			1,033.7			578.7


<2 Banks on a stand-alone basis>

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Net business profits before provision for general allowance for credit losses		840.0			480.4			931.4			490.6
Total credit costs		0.0			21.2			(70.7	)		66.9
Ordinary profits (losses)		870.0			538.3			902.6			547.2

Net income (loss)		610.0			379.6			571.7			354.4


Mitsubishi UFJ Trust and Banking Corporation
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		185.0			95.6			190.4			88.9
Total credit costs		(5.0	)		1.3			(0.4	)		9.3
Ordinary profits (losses)		185.0			99.5			210.0			110.1

Net income (loss)		140.0			70.3			140.7			73.3

Mitsubishi UFJ Financial Group, Inc.

2. Consolidated Financial Statements

(1)	Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2015	As of September 30, 2015
Assets:
Cash and due from banks	40,488,318	47,609,270
Call loans and bills bought	604,625	506,797
Receivables under resale agreements	7,342,335	6,719,502
Receivables under securities borrowing transactions	4,633,544	6,739,900
Monetary claims bought	4,570,712	4,508,286
Trading assets	20,810,617	20,065,719
Money held in trust	700,218	671,710
Securities	73,538,191	66,699,109
Loans and bills discounted	109,368,340	111,837,805
Foreign exchanges	2,187,311	1,924,703
Other assets	10,119,936	10,038,538
Tangible fixed assets	1,352,727	1,365,334
Intangible fixed assets	1,297,277	1,286,220
Net defined benefit assets	504,761	559,204
Deferred tax assets	114,919	99,830
Customers’ liabilities for acceptances and guarantees	9,511,714	9,448,531
Allowance for credit losses	(995,784)	(915,433)

Total assets	286,149,768	289,165,030

Liabilities:
Deposits	153,357,410	154,490,569
Negotiable certificates of deposit	16,073,850	14,686,591
Call money and bills sold	3,600,104	3,912,914
Payables under repurchase agreements	21,899,506	22,240,719
Payables under securities lending transactions	8,205,350	9,086,489
Commercial papers	2,179,634	2,747,454
Trading liabilities	15,521,917	15,636,905
Borrowed money	13,866,196	14,235,256
Foreign exchanges	1,496,476	1,732,488
Short-term bonds payable	789,512	813,305
Bonds payable	8,141,713	7,947,587
Due to trust accounts	3,183,295	3,820,689
Other liabilities	9,530,371	10,024,019
Reserve for bonuses	90,360	80,731
Reserve for bonuses to directors	454	209
Net defined benefit liabilities	62,121	59,210
Reserve for retirement benefits to directors	1,086	949
Reserve for loyalty award credits	15,375	17,104
Reserve for contingent losses	204,790	161,070
Reserves under special laws	3,771	4,100
Deferred tax liabilities	988,550	760,540
Deferred tax liabilities for land revaluation	138,669	137,662
Acceptances and guarantees	9,511,714	9,448,531

Total liabilities	268,862,234	272,045,101

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2015	As of September 30, 2015
Net assets:
Capital stock	2,141,513	2,141,513
Capital surplus	1,428,403	1,426,314
Retained earnings	7,860,410	8,358,034
Treasury stock	(101,661)	(198,903)

Total shareholders’ equity	11,328,666	11,726,959

Net unrealized gains (losses) on other securities	2,835,091	2,156,395
Net deferred gains (losses) on hedging instruments	83,194	129,428
Land revaluation excess	172,350	172,589
Foreign currency translation adjustments	951,547	980,821
Remeasurements of defined benefit plans	(52,909)	(48,554)

Total accumulated other comprehensive income	3,989,274	3,390,680

Subscription rights to shares	8,271	7,782
Non-controlling interests	1,961,322	1,994,506

Total net assets	17,287,533	17,119,928

Total liabilities and net assets	286,149,768	289,165,030

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, 2014		For the six months ended September 30, 2015
Ordinary income		2,761,541		2,991,884
Interest income		1,323,557		1,394,968
Interest on loans and bills discounted		859,679		918,153
Interest and dividends on securities		296,355		311,129
Trust fees		54,145		58,581
Fees and commissions		702,157		756,548
Trading income		144,820		189,350
Other business income		241,648		279,233
Other ordinary income		295,212		313,201
Ordinary expenses		1,811,648		2,021,975
Interest expenses		287,828		318,627
Interest on deposits		133,687		151,490
Fees and commissions		94,502		114,994
Other business expenses		70,669		135,905
General and administrative expenses		1,252,344		1,297,774
Other ordinary expenses		106,304		154,674

Ordinary profits		949,892		969,908

Extraordinary gains		10,300		1,237
Gains on disposition of fixed assets		1,141		1,237
Gains on change in equity		9,159		—
Extraordinary losses		79,271		44,386
Losses on disposition of fixed assets		4,012		6,240
Losses on impairment of fixed assets		3,789		1,804
Provision for reserve for contingent liabilities from financial instruments transactions		419		328
Losses on change in equity		33,291		36,013
Provision for reserve for contingent losses		34,477		—
Losses on sales of equity securities of subsidiaries		3,280		—

Income before income taxes and others		880,922		926,759

Income taxes-current		184,924		187,742
Income taxes-deferred		57,617		71,204

Total taxes		242,542		258,946

Profits		638,380		667,812

Profits attributable to non-controlling interests		59,664		68,491

Profits attributable to owners of parent		578,716		599,321

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the six months ended September 30, 2014			For the six months ended September 30, 2015
Profits		638,380			667,812
Other comprehensive income
Net unrealized gains (losses) on other securities		591,559			(679,716	)
Net deferred gains (losses) on hedging instruments		64,788			43,897
Land revaluation excess		—			326
Foreign currency translation adjustments		(73,777	)		(6,450	)
Remeasurements of defined benefit plans		7,468			3,771
Share of other comprehensive income of associates accounted for using equity method		(64,481	)		23,020

Total other comprehensive income		525,556			(615,150	)

Comprehensive income		1,163,937			52,662

(Comprehensive income attributable to)
Comprehensive income attributable to owners of parent		1,110,313			(10,354	)
Comprehensive income attributable to non-controlling interests		53,623			63,017

Mitsubishi UFJ Financial Group, Inc.

(3)	Consolidated Statements of Changes in Net Assets

For the six months ended September 30, 2014


	(in millions of yen)
	Shareholders’ equity														Accumulated other comprehensive income
	Capital stock		Capital surplus			Retained earnings			Treasury stock			Total shareholders’ equity			Net unrealized gains (losses) on other securities			Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		2,140,488		2,174,384			7,033,125			(1,699	)		11,346,299			1,218,397			8,295
Cumulative effects of changes in accounting policies				(346,454	)		57,909						(288,545	)

Restated balance		2,140,488		1,827,929			7,091,035			(1,699	)		11,057,754			1,218,397			8,295
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		960		959									1,920
Dividends from retained earnings							(136,444	)					(136,444	)
Profits attributable to owners of parent							578,716						578,716
Repurchase of treasury stock										(390,017	)		(390,017	)
Disposal of treasury stock				0						1			1
Retirement of treasury stock				(390,000	)					390,000			—
Reversal of land revaluation excess							(2,215	)					(2,215	)
Changes in subsidiaries’ equity				588									588
Net changes of items other than shareholders’ equity																611,395			64,732

Total changes during the period		960		(388,452	)		440,056			(15	)		52,549			611,395			64,732

Balance at the end of the period		2,141,449		1,439,477			7,531,092			(1,714	)		11,110,304			1,829,793			73,028


	(in millions of yen)
	Accumulated other comprehensive income
	Land revaluation excess		Foreign currency translation adjustments			Remeasurements of defined benefit plans			Total accumulated other comprehensive income			Subscription rights to shares			Non-controlling interests			Total net assets
Balance at the beginning of the period		157,776		407,229			(81,937	)		1,709,760			8,732			2,048,101			15,112,895
Cumulative effects of changes in accounting policies				(219	)		(152	)		(371	)					(14,360	)		(303,277	)

Restated balance		157,776		407,010			(82,090	)		1,709,388			8,732			2,033,741			14,809,617
Changes during the period
Issuance of new shares-exercise of subscription rights to shares																			1,920
Dividends from retained earnings																			(136,444	)
Profits attributable to owners of parent																			578,716
Repurchase of treasury stock																			(390,017	)
Disposal of treasury stock																			1
Retirement of treasury stock																			—
Reversal of land revaluation excess																			(2,215	)
Changes in subsidiaries’ equity																			588
Net changes of items other than shareholders’ equity		2,215		(152,789	)		8,258			533,812			(825	)		(52,092	)		480,893

Total changes during the period		2,215		(152,789	)		8,258			533,812			(825	)		(52,092	)		533,443

Balance at the end of the period		159,991		254,220			(73,832	)		2,243,201			7,906			1,981,648			15,343,060

Mitsubishi UFJ Financial Group, Inc.

For the six months ended September 30, 2015


	(in millions of yen)
	Shareholders’ equity														Accumulated other comprehensive income
	Capital stock		Capital surplus			Retained earnings			Treasury stock			Total shareholders’ equity			Net unrealized gains (losses) on other securities			Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		2,141,513		1,428,403			7,860,410			(101,661	)		11,328,666			2,835,091			83,194
Changes during the period
Dividends from retained earnings							(126,179	)					(126,179	)
Profits attributable to owners of parent							599,321						599,321
Repurchase of treasury stock										(100,056	)		(100,056	)
Disposal of treasury stock				(1,181	)					2,814			1,632
Reversal of land revaluation excess							88						88
Change of application of equity method							24,394						24,394
Changes in subsidiaries’ equity				(907	)								(907	)
Net changes of items other than shareholders’ equity																(678,696	)		46,234

Total changes during the period		—		(2,089	)		497,624			(97,242	)		398,293			(678,696	)		46,234

Balance at the end of the period		2,141,513		1,426,314			8,358,034			(198,903	)		11,726,959			2,156,395			129,428


	(in millions of yen)
	Accumulated other comprehensive income
	Land revaluation excess		Foreign currency translation adjustments			Remeasurements of defined benefit plans			Total accumulated other comprehensive income			Subscription rights to shares			Non-controlling interests			Total net assets
Balance at the beginning of the period		172,350		951,547			(52,909	)		3,989,274			8,271			1,961,322			17,287,533
Changes during the period
Dividends from retained earnings																			(126,179	)
Profits attributable to owners of parent																			599,321
Repurchase of treasury stock																			(100,056	)
Disposal of treasury stock																			1,632
Reversal of land revaluation excess																			88
Change of application of equity method																			24,394
Changes in subsidiaries’ equity																			(907	)
Net changes of items other than shareholders’ equity		238		29,273			4,355			(598,593	)		(488	)		33,184			(565,898	)

Total changes during the period		238		29,273			4,355			(598,593	)		(488	)		33,184			(167,604	)

Balance at the end of the period		172,589		980,821			(48,554	)		3,390,680			7,782			1,994,506			17,119,928

Mitsubishi UFJ Financial Group, Inc.

(4)	Notes on Going-Concern Assumption

Not applicable

Mitsubishi UFJ Financial Group, Inc.

3. Non-consolidated Financial Statements

(1)	Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2015	As of September 30, 2015
Assets:
Current assets:
Cash and due from banks	71,674	143,873
Accounts receivable	147,935	76,798
Others	2,498	3,288

Total current assets	222,109	223,960

Fixed assets:
Tangible fixed assets	402	374
Intangible fixed assets	8,436	9,050
Investments and other assets:	10,415,313	10,597,946
Investments in subsidiaries and affiliates	10,186,842	10,186,842
Others	228,471	411,104

Total fixed assets	10,424,152	10,607,371

Total assets	10,646,262	10,831,331

Liabilities:
Current liabilities:
Short-term borrowings	1,824,447	1,753,398
Lease liabilities	21	21
Income taxes payable	67	77
Reserve for bonuses and reserve for bonuses to directors	473	481
Others	18,816	15,354

Total current liabilities	1,843,826	1,769,334

Fixed liabilities:
Bonds payable	440,500	585,500
Long-term borrowings	3,938	41,995
Lease liabilities	34	25
Others	11	11

Total fixed liabilities	444,484	627,532

Total liabilities	2,288,311	2,396,867

Net assets:
Shareholders’ equity:
Capital stock	2,141,513	2,141,513
Capital surplus:
Capital reserve	2,141,524	2,141,524
Other capital surplus	1,470,006	1,468,824

Total capital surplus	3,611,530	3,610,348

Retained earnings:
Other retained earnings:
Other reserve	150,000	150,000
Earned surplus brought forward	2,682,257	2,856,873

Total retained earnings	2,832,257	3,006,873

Treasury stock	(100,147)	(197,366)

Total shareholders’ equity	8,485,153	8,561,369

Valuation and translation adjustments:
Net deferred gains (losses) on hedging instruments	(135,474)	(134,686)

Total valuation and translation adjustments	(135,474)	(134,686)

Subscription rights to shares	8,271	7,782

Total net assets	8,357,950	8,434,464

Total liabilities and net assets	10,646,262	10,831,331

Mitsubishi UFJ Financial Group, Inc.


(2) Non-consolidated Statements of Income
(in millions of yen)	For the six months ended September 30, 2014	For the six months ended September 30, 2015
Operating income	247,952	319,952
Operating expenses	10,963	11,993

Operating profits	236,988	307,959

Non-operating income	8,143	7,600
Non-operating expenses	14,719	14,992

Ordinary profits	230,411	300,567

Extraordinary gains	—	—
Extraordinary losses	3	0

Income before income taxes	230,408	300,567

Income taxes-current	(16,143)	(400)
Income taxes-deferred	15,649	172

Total taxes	(493)	(228)

Net income	230,901	300,795

Mitsubishi UFJ Financial Group, Inc.

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

For the six months ended September 30, 2014


	(in millions of yen)
	Shareholders’ equity
	Capital stock			Capital surplus						Retained earnings
				Capital reserve			Other capital surplus			Other retained earnings
				Capital reserve			Other capital surplus			Other reserve			Earned surplus brought forward
Balance at the beginning of the period		2,140,488			2,140,501			1,860,006			150,000			2,392,816
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		960			959
Dividends from retained earnings														(136,444	)
Net income														230,901
Repurchase of treasury stock
Disposal of treasury stock								0
Retirement of treasury stock								(390,000	)
Net changes of items other than shareholders’ equity

Total changes during the period		960			959			(390,000	)		—			94,457

Balance at the end of the period		2,141,449			2,141,460			1,470,006			150,000			2,487,273


	(in millions of yen)
	Shareholders’ equity						Valuation and translation adjustments			Subscription rights to shares			Total net assets
	Treasury stock			Total shareholders’ equity			Net deferred gains (losses) on hedging instruments			Subscription rights to shares			Total net assets
Balance at the beginning of the period		(105	)		8,683,707			(69,224	)		8,732			8,623,215
Changes during the period
Issuance of new shares-exercise of subscription rights to shares					1,920									1,920
Dividends from retained earnings					(136,444	)								(136,444	)
Net income					230,901									230,901
Repurchase of treasury stock		(390,017	)		(390,017	)								(390,017	)
Disposal of treasury stock		1			1									1
Retirement of treasury stock		390,000			—									—
Net changes of items other than shareholders’ equity								(23,937	)		(825	)		(24,763	)

Total changes during the period		(15	)		(293,638	)		(23,937	)		(825	)		(318,402	)

Balance at the end of the period		(121	)		8,390,068			(93,162	)		7,906			8,304,813

Mitsubishi UFJ Financial Group, Inc.

For the six months ended September 30, 2015


	(in millions of yen)
	Shareholders’ equity
				Capital surplus						Retained earnings
	Capital stock			Capital reserve			Other capital surplus			Other retained earnings
	Capital stock			Capital reserve			Other capital surplus			Other reserve			Earned surplus brought forward
Balance at the beginning of the period		2,141,513			2,141,524			1,470,006			150,000			2,682,257
Changes during the period
Dividends from retained earnings														(126,179	)
Net income														300,795
Repurchase of treasury stock
Disposal of treasury stock								(1,181	)
Net changes of items other than shareholders’ equity

Total changes during the period		—			—			(1,181	)		—			174,615

Balance at the end of the period		2,141,513			2,141,524			1,468,824			150,000			2,856,873


	(in millions of yen)
	Shareholders’ equity						Valuation and translation adjustments
	Treasury stock			Total shareholders’ equity			Net deferred gains (losses) on hedging instruments			Subscription rights to shares			Total net assets
Balance at the beginning of the period		(100,147	)		8,485,153			(135,474	)		8,271			8,357,950
Changes during the period
Dividends from retained earnings					(126,179	)								(126,179	)
Net income					300,795									300,795
Repurchase of treasury stock		(100,032	)		(100,032	)								(100,032	)
Disposal of treasury stock		2,814			1,632									1,632
Net changes of items other than shareholders’ equity								787			(488	)		298

Total changes during the period		(97,218	)		76,215			787			(488	)		76,513

Balance at the end of the period		(197,366	)		8,561,369			(134,686	)		7,782			8,434,464

Mitsubishi UFJ Financial Group, Inc.

(4)	Notes on Going-Concern Assumption

Not applicable

Selected Financial Information

under Japanese GAAP

For the Six Months Ended September 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 Consolidated ][ BTMU Non-consolidated ]
	[ MUTB Consolidated ][ MUTB Non-consolidated ]

2. Average Interest Rate Spread	[ BTMU Non-consolidated ][ MUTB Non-consolidated ] [ BTMU and MUTB Combined ]	——	7

3. Notional Principal by the Remaining Life of the Interest Rate Swaps for Hedge- Accounting	[ MUFG Consolidated ][ BTMU Consolidated ] [ MUTB Consolidated ]	——	8

4. Securities	[ MUFG Consolidated ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	9

5. ROE	[ MUFG Consolidated ]	——	12

6. Risk-Adjusted Capital Ratio	[ MUFG Consolidated ][ BTMU Consolidated ] [ MUTB Consolidated ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	13

7. Risk-Monitored Loans	[ MUFG Consolidated ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ] [ MUTB Non-consolidated : Trust Account ]	——	14

8. Non Performing Loans Based on the Financial Reconstruction Law (the “FRL”)	[ BTMU and MUTB Combined including Trust Account ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ] [ MUTB Non-consolidated : Trust Account ]	——	18

9. Progress in Disposition of Problem Assets	[ BTMU Non-consolidated ] [ MUTB Non-consolidated including Trust Account ]	——	23

10. Loans Classified by Type of Industry, Domestic Consumer Loans, Domestic Loans to Small/Medium-Sized Companies and Proprietors	[ BTMU and MUTB Combined including Trust Accounts ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ] [ MUTB Non-consolidated : Trust Accounts ]	——	25

11. Overseas Loans	[ BTMU and MUTB Combined ]	——	29

12. Loans and Deposits	[ BTMU and MUTB Combined ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	30

13. Domestic Deposits	[ BTMU and MUTB Combined ] [ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	31

14. Status of Deferred Tax Assets	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	32

(References)

1. Exposure to “Securitized Products and Related Investments”		——	34

2. Financial Statements	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]	——	36

(*1)	“MUFG” means Mitsubishi UFJ Financial Group, Inc.

(*2)	“BTMU” means The Bank of Tokyo-Mitsubishi UFJ, Ltd.

(*3)	“MUTB” means Mitsubishi UFJ Trust and Banking Corporation.

(*4)	“BTMU and MUTB Combined” means simple sum of “BTMU” and “MUTB” without consolidation processes.

Mitsubishi UFJ Financial Group, Inc.

1. Financial Results

MUFG Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2015 (A)			September 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,109,178			2,013,397			95,781
Gross profits before credit costs for trust accounts		2,109,178			2,012,926			96,252
Net interest income		1,076,365			1,035,797			40,567
Trust fees		58,581			54,145			4,435
Credit costs for trust accounts (1)		0			471			(470	)
Net fees and commissions		641,554			607,655			33,898
Net trading profits		189,350			144,820			44,530
Net other business profits		143,327			170,978			(27,650	)
Net gains (losses) on debt securities		82,150			89,302			(7,152	)
General and administrative expenses		1,288,965			1,235,563			53,402
Amortization of goodwill		8,886			7,544			1,342
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		829,099			784,907			44,191
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		820,212			777,363			42,849
Provision for general allowance for credit losses (2)		—			—			—
Net business profits*		820,213			777,834			42,378
Net non-recurring gains (losses)		149,695			172,058			(22,362	)
Credit costs (3)		(104,379	)		(72,105	)		(32,274	)
Losses on loan write-offs		(65,246	)		(57,215	)		(8,030	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(39,133	)		(14,889	)		(24,243	)
Reversal of allowance for credit losses (4)		44,442			80,655			(36,213	)
Reversal of reserve for contingent losses included in credit costs (5)		—			4,484			(4,484	)
Gains on loans written-off (6)		28,926			27,670			1,255
Net gains (losses) on equity securities		40,992			22,904			18,088
Gains on sales of equity securities		60,883			31,998			28,885
Losses on sales of equity securities		(11,790	)		(6,478	)		(5,311	)
Losses on write-down of equity securities		(8,101	)		(2,615	)		(5,485	)
Profits (losses) from investments in affiliates		144,680			103,934			40,746
Other non-recurring gains (losses)		(4,966	)		4,514			(9,481	)

Ordinary profits		969,908			949,892			20,015

Net extraordinary gains (losses)		(43,148	)		(68,970	)		25,821
Net gains (losses) on change in equity		(36,013	)		(24,132	)		(11,880	)
Provision for reserve for contingent losses		—			(34,477	)		34,477
Income before income taxes and others		926,759			880,922			45,837
Income taxes-current		187,742			184,924			2,818
Income taxes-deferred		71,204			57,617			13,586
Total taxes		258,946			242,542			16,404
Profits		667,812			638,380			29,432
Profits attributable to non-controlling interests		68,491			59,664			8,826

Profits attributable to owners of parent		599,321			578,716			20,605


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)		(31,011	)		41,175			(72,186	)

Number of consolidated subsidiaries		227			255			(28	)
Number of affiliated companies accounted for under the equity method		62			64			(2	)

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2015 (A)			September 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,235,424			1,259,728			(24,303	)
Gross profits before credit costs for trust accounts		1,235,424			1,259,257			(23,832	)
Domestic gross profits		751,116			688,965			62,150
Net interest income		422,717			389,695			33,021
Trust fees		45,638			42,402			3,236
Credit costs for trust accounts (1)		0			471			(470	)
Net fees and commissions		195,964			200,171			(4,206	)
Net trading profits		20,821			14,873			5,947
Net other business profits		65,974			41,822			24,152
Net gains (losses) on debt securities		60,641			42,341			18,300
Non-domestic gross profits		484,308			570,762			(86,454	)
Net interest income		284,023			318,761			(34,737	)
Net fees and commissions		97,785			92,237			5,547
Net trading profits		51,142			57,744			(6,601	)
Net other business profits		51,356			102,018			(50,662	)
Net gains (losses) on debt securities		16,015			47,638			(31,623	)
General and administrative expenses		659,308			679,690			(20,382	)
Personnel expenses		246,337			273,795			(27,458	)
Non-personnel expenses		379,057			367,723			11,334
Taxes		33,913			38,171			(4,258	)
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		576,115			579,566			(3,450	)
Provision for general allowance for credit losses (2)		—			—			—
Net business profits		576,115			580,037			(3,921	)
Net non-recurring gains (losses)		61,813			77,381			(15,567	)
Credit costs (3)		(59,124	)		(31,710	)		(27,414	)
Losses on loan write-offs		(19,453	)		(15,953	)		(3,500	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(39,670	)		(15,757	)		(23,913	)
Reversal of allowance for credit losses (4)		73,808			95,470			(21,662	)
Reversal of reserve for contingent losses included in credit costs (5)		—			5,908			(5,908	)
Gains on loans written-off (6)		7,893			6,160			1,732
Net gains (losses) on equity securities		34,053			8,037			26,015
Gains on sales of equity securities		53,150			18,884			34,265
Losses on sales of equity securities		(11,361	)		(6,232	)		(5,128	)
Losses on write-down of equity securities		(7,735	)		(4,613	)		(3,121	)
Other non-recurring gains (losses)		5,183			(6,486	)		11,669

Ordinary profits		637,929			657,418			(19,489	)

Net extraordinary gains (losses)		12,812			(40,816	)		53,628
Net gains (losses) on disposition of fixed assets		(4,089	)		(2,937	)		(1,152	)
Losses on impairment of fixed assets		(1,417	)		(3,402	)		1,984
Gains on sales of equity securities of subsidiaries		18,319			—			18,319
Provision for reserve for contingent losses		—			(34,477	)		34,477
Income before income taxes		650,741			616,601			34,139
Income taxes-current		141,947			170,298			(28,350	)
Income taxes-deferred		58,780			18,508			40,272
Total taxes		200,728			188,806			11,921

Net income		450,013			427,795			22,218


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		22,576			76,300			(53,723	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2015 (A)			September 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,464,630			1,430,557			34,073
Net interest income		903,716			876,710			27,006
Trust fees		6,635			5,286			1,348
Net fees and commissions		337,130			334,367			2,762
Net trading profits		57,741			44,272			13,468
Net other business profits		159,407			169,919			(10,512	)
Net gains (losses) on debt securities		82,475			90,666			(8,190	)
General and administrative expenses		864,026			839,342			24,684
Amortization of goodwill		8,353			7,177			1,176
Net business profits before provision for general allowance for credit losses and amortization of goodwill		608,958			598,392			10,566
Net business profits before provision for general allowance for credit losses		600,604			591,215			9,389
Provision for general allowance for credit losses (1)		—			—			—
Net business profits*		600,604			591,215			9,389
Net non-recurring gains (losses)		37,321			72,186			(34,864	)
Credit costs (2)		(77,327	)		(48,194	)		(29,133	)
Losses on loan write-offs		(38,164	)		(34,093	)		(4,071	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(39,163	)		(14,101	)		(25,062	)
Reversal of allowance for credit losses (3)		50,403			80,325			(29,921	)
Reversal of reserve for contingent losses included in credit costs (4)		—			4,453			(4,453	)
Gains on loans written-off (5)		17,859			17,680			179
Net gains (losses) on equity securities		36,785			7,802			28,983
Gains on sales of equity securities		52,509			15,999			36,509
Losses on sales of equity securities		(8,810	)		(5,758	)		(3,052	)
Losses on write-down of equity securities		(6,913	)		(2,439	)		(4,474	)
Profits (losses) from investments in affiliates		16,751			13,549			3,201
Other non-recurring gains (losses)		(7,150	)		(3,430	)		(3,720	)

Ordinary profits		637,926			663,401			(25,474	)

Net extraordinary gains (losses)		9,945			(39,602	)		49,547
Net gains (losses) on disposition of fixed assets		(4,660	)		(915	)		(3,745	)
Losses on impairment of fixed assets		(1,101	)		(689	)		(411	)
Gains on sales of equity securities of subsidiaries		15,595			—			15,595
Provision for reserve for contingent losses		—			(34,477	)		34,477
Income before income taxes and others		647,871			623,798			24,073
Income taxes-current		134,483			156,789			(22,305	)
Income taxes-deferred		69,386			27,563			41,823
Total taxes		203,870			184,353			19,517
Profits		444,001			439,445			4,555
Profits attributable to non-controlling interests		35,401			33,949			1,452

Profits attributable to owners of parent		408,599			405,496			3,103


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

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		(9,064	)		54,264			(63,328	)

Number of consolidated subsidiaries		129			155			(26	)
Number of affiliated companies accounted for under the equity method		58			60			(2	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2015 (A)			September 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,048,746			1,079,582			(30,835	)
Domestic gross profits		599,169			549,981			49,188
Net interest income		372,961			347,607			25,354
Net fees and commissions		147,702			154,774			(7,072	)
Net trading profits		8,116			(5,421	)		13,538
Net other business profits		70,389			53,021			17,367
Net gains (losses) on debt securities		60,257			44,784			15,472
Non-domestic gross profits		449,577			529,600			(80,023	)
Net interest income		237,911			277,569			(39,657	)
Net fees and commissions		96,071			92,144			3,926
Net trading profits		53,803			60,733			(6,929	)
Net other business profits		61,790			99,153			(37,362	)
Net gains (losses) on debt securities		18,418			45,949			(27,531	)
General and administrative expenses		568,300			588,935			(20,634	)
Personnel expenses		211,256			239,191			(27,935	)
Non-personnel expenses		326,415			315,881			10,534
Amortization of goodwill		148			138			10
Taxes		30,628			33,862			(3,234	)
Net business profits before provision for general allowance for credit losses and amortization of goodwill		480,595			490,785			(10,189	)
Net business profits before provision for general allowance for credit losses		480,446			490,646			(10,200	)
Provision for general allowance for credit losses (1)		—			—			—
Net business profits		480,446			490,646			(10,200	)
Net non-recurring gains (losses)		57,933			56,606			1,326
Credit costs (2)		(58,860	)		(30,920	)		(27,939	)
Losses on loan write-offs		(19,303	)		(15,951	)		(3,351	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(39,556	)		(14,968	)		(24,588	)
Reversal of allowance for credit losses (3)		72,400			86,060			(13,660	)
Reversal of reserve for contingent losses included in credit costs (4)		—			5,887			(5,887	)
Gains on loans written-off (5)		7,724			5,883			1,840
Net gains (losses) on equity securities		32,130			1,408			30,722
Gains on sales of equity securities		47,178			11,570			35,608
Losses on sales of equity securities		(8,357	)		(5,685	)		(2,672	)
Losses on write-down of equity securities		(6,690	)		(4,477	)		(2,212	)
Other non-recurring gains (losses)		4,537			(11,712	)		16,250

Ordinary profits		538,379			547,253			(8,874	)

Net extraordinary gains (losses)		13,266			(36,212	)		49,478
Net gains (losses) on disposition of fixed assets		(4,101	)		(1,274	)		(2,826	)
Losses on impairment of fixed assets		(951	)		(460	)		(491	)
Gain on sales of equity securities of subsidiaries		18,319			—			18,319
Provision for reserve for contingent losses		—			(34,477	)		34,477
Income before income taxes		551,645			511,041			40,604
Income taxes-current		119,046			138,988			(19,942	)
Income taxes-deferred		52,945			17,594			35,350
Total taxes		171,991			156,582			15,408

Net income		379,654			354,458			25,195


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		21,264			66,911			(45,646	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2015 (A)			September 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		236,353			221,191			15,162
Gross profits before credit costs for trust accounts		236,352			220,719			15,633
Trust fees		52,029			48,932			3,096
Trust fees before credit costs for trust accounts		52,028			48,461			3,567
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		4,668			3,588			1,079
Other trust fees		47,360			44,873			2,487
Credit costs for trust accounts (1)		0			471			(470	)
Net interest income		91,167			80,018			11,149
Net fees and commissions		94,006			80,822			13,184
Net trading profits		12,972			19,258			(6,286	)
Net other business profits		(13,822	)		(7,840	)		(5,981	)
Net gains (losses) on debt securities		(2,103	)		(754	)		(1,349	)
General and administrative expenses		129,276			123,199			6,077
Amortization of goodwill		531			458			73
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		107,607			97,978			9,629
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		107,075			97,520			9,555
Provision for general allowance for credit losses (2)		—			—			—
Net business profits*		107,076			97,991			9,084
Net non-recurring gains (losses)		8,260			23,933			(15,673	)
Credit costs (3)		(275	)		(816	)		540
Losses on loan write-offs		(161	)		(27	)		(134	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(114	)		(788	)		674
Reversal of allowance for credit losses (4)		1,507			9,374			(7,867	)
Reversal of reserve for contingent losses included in credit costs (5)		—			20			(20	)
Gains on loans written-off (6)		192			310			(118	)
Net gains (losses) on equity securities		1,929			6,629			(4,700	)
Gains on sales of equity securities		5,977			7,314			(1,336	)
Losses on sales of equity securities		(3,003	)		(547	)		(2,455	)
Losses on write-down of equity securities		(1,045	)		(136	)		(908	)
Profits (losses) from investments in affiliates		5,853			4,851			1,001
Other non-recurring gains (losses)		(945	)		3,562			(4,508	)

Ordinary profits		115,336			121,925			(6,588	)

Net extraordinary gains (losses)		(512	)		4,474			(4,986	)
Net gains (losses) on disposition of fixed assets		(4	)		(1,733	)		1,729
Losses on impairment of fixed assets		(508	)		(2,950	)		2,442
Gains on change in equity		—			9,159			(9,159	)
Income before income taxes and others		114,824			126,399			(11,575	)
Income taxes-current		28,446			36,125			(7,678	)
Income taxes-deferred		1,265			(613	)		1,878
Total taxes		29,712			35,511			(5,799	)
Profits		85,111			90,887			(5,775	)
Profits attributable to non-controlling interests		5,517			4,126			1,390

Profits attributable to owners of parent		79,594			86,760			(7,166	)


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

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		1,424			9,361			(7,937	)

Number of consolidated subsidiaries		56			57			(1	)
Number of affiliated companies accounted for under the equity method		12			12			—

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2015 (A)			September 30, 2014 (B)			Increase (Decrease) (A) - (B)
Gross profits		186,677			180,146			6,531
Gross profits before credit costs for trust accounts		186,677			179,674			7,002
Domestic gross profits		151,947			138,984			12,962
Trust fees		45,638			42,402			3,236
Trust fees before credit costs for trust accounts		45,638			41,931			3,707
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		4,668			3,588			1,079
Other trust fees		40,969			38,342			2,627
Credit costs for trust accounts (1)		0			471			(470	)
Net interest income		49,755			42,088			7,667
Net fees and commissions		48,262			45,397			2,865
Net trading profits		12,704			20,295			(7,590	)
Net other business profits		(4,414	)		(11,198	)		6,784
Net gains (losses) on debt securities		384			(2,443	)		2,827
Non-domestic gross profits		34,730			41,161			(6,431	)
Net interest income		46,111			41,191			4,920
Net fees and commissions		1,713			93			1,620
Net trading profits		(2,660	)		(2,988	)		328
Net other business profits		(10,434	)		2,865			(13,300	)
Net gains (losses) on debt securities		(2,402	)		1,688			(4,091	)
General and administrative expenses		91,008			90,755			252
Personnel expenses		35,081			34,604			477
Non-personnel expenses		52,641			51,842			799
Taxes		3,284			4,309			(1,024	)
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		95,669			88,919			6,749
Provision for general allowance for credit losses (2)		—			—			—
Net business profits		95,669			89,390			6,278
Net non-recurring gains (losses)		3,880			20,774			(16,893	)
Credit costs (3)		(264	)		(789	)		525
Losses on loan write-offs		(150	)		(1	)		(149	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(114	)		(788	)		674
Reversal of allowance for credit losses (4)		1,407			9,410			(8,002	)
Reversal of reserve for contingent losses included in credit costs (5)		—			20			(20	)
Gains on loans written-off (6)		168			277			(108	)
Net gains (losses) on equity securities		1,922			6,629			(4,707	)
Gains on sales of equity securities		5,971			7,314			(1,342	)
Losses on sales of equity securities		(3,003	)		(547	)		(2,455	)
Losses on write-down of equity securities		(1,045	)		(136	)		(908	)
Other non-recurring gains (losses)		645			5,226			(4,580	)

Ordinary profits		99,549			110,164			(10,614	)

Net extraordinary gains (losses)		(454	)		(4,604	)		4,150
Net gains (losses) on disposition of fixed assets		11			(1,662	)		1,673
Losses on impairment of fixed assets		(465	)		(2,942	)		2,476
Income before income taxes		99,095			105,560			(6,464	)
Income taxes-current		22,901			31,309			(8,408	)
Income taxes-deferred		5,835			913			4,921
Total taxes		28,736			32,223			(3,486	)

Net income		70,359			73,336			(2,977	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		1,312			9,389			(8,077	)

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, 2015 (A)			Increase (Decrease) (A) - (B)			For the six months ended September 30, 2014 (B)
Total average interest rate on interest-earning assets (a)		0.65			0.00			0.65
Average interest rate on loans and bills discounted (b)		0.95			(0.09	)		1.04
Average interest rate on securities		0.80			0.30			0.49
Total average interest rate on interest-bearing liabilities (c) <including general and administrative expenses>		0.66			(0.06	)		0.73
Average interest rate on deposits and NCD (d)		0.03			(0.00	)		0.03
Average interest rate on other liabilities		0.18			0.01			0.17
Overall interest rate spread (a)-(c)		(0.01	)		0.06			(0.07	)
Interest rate spread (b)-(d)		0.91			(0.09	)		1.01

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		1.13			(0.09	)		1.23
Interest rate spread (e)-(d)		1.10			(0.09	)		1.19

MUTB Non-consolidated

	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2015 (A)			Increase (Decrease) (A) - (B)			For the six months ended September 30, 2014 (B)
Total average interest rate on interest-earning assets (a)		0.60			0.03			0.56
Average interest rate on loans and bills discounted (b)		0.68			(0.08	)		0.77
Average interest rate on securities		0.88			0.31			0.57
Total average interest rate on interest-bearing liabilities (c)		0.16			(0.00	)		0.17
Average interest rate on deposits and NCD (d)		0.13			(0.00	)		0.14
Overall interest rate spread (a)-(c)		0.43			0.04			0.39
Interest rate spread (b)-(d)		0.55			(0.07	)		0.63

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.68			(0.08	)		0.77
Interest rate spread (e)-(d)		0.55			(0.07	)		0.63

BTMU and MUTB Combined

	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2015 (A)			Increase (Decrease) (A) - (B)			For the six months ended September 30, 2014 (B)
Average interest rate on loans and bills discounted (a)		0.91			(0.09	)		1.00
Average interest rate on deposits and NCD (b)		0.04			(0.00	)		0.05
Interest rate spread (a)-(b)		0.86			(0.09	)		0.95

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (c)		1.05			(0.09	)		1.15
Interest rate spread (c)-(b)		1.01			(0.09	)		1.10

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, 2015

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

830.8

7,202.1

12,926.8

20,959.8

Receive-floater/pay-fix

697.4

4,147.2

6,494.1

11,338.7

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

1,528.2

11,349.3

19,420.9

32,298.6

BTMU Consolidated

(in billions of yen)

As of September 30, 2015

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

655.3

5,346.6

12,890.8

18,892.8

Receive-floater/pay-fix

282.2

2,482.2

5,050.6

7,815.2

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

937.6

7,828.9

17,941.4

26,708.0

MUTB Consolidated

(in billions of yen)

As of September 30, 2015

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

175.5

1,855.5

36.0

2,067.0

Receive-floater/pay-fix

411.7

1,600.5

1,462.9

3,475.2

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

587.2

3,456.0

1,498.9

5,542.2

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, 2015								As of March 31, 2015
	Amount on consolidated balance sheet		Differences		Gains		Losses		Amount on consolidated balance sheet		Differences		Gains		Losses
Debt securities being held to maturity		4,017,545		46,520		54,262		7,741		4,133,677		53,728		59,081		5,352
Domestic bonds		1,101,170		22,974		22,974		—		1,126,212		14,556		16,091		1,535
Government bonds		1,101,170		22,974		22,974		—		1,126,212		14,556		16,091		1,535
Municipal bonds		—		—		—		—		—		—		—		—
Corporate bonds		—		—		—		—		—		—		—		—
Other		2,916,375		23,546		31,287		7,741		3,007,465		39,172		42,990		3,817
Foreign bonds		1,232,097		13,579		17,306		3,727		1,006,421		15,813		17,244		1,431
Other		1,684,277		9,966		13,980		4,014		2,001,043		23,359		25,745		2,386

	(in millions of yen)
	As of September 30, 2015								As of March 31, 2015
	Amount on consolidated balance sheet		Differences		Gains		Losses		Amount on consolidated balance sheet		Differences		Gains		Losses
Other securities		62,203,622		3,094,063		3,333,392		239,328		69,336,270		4,133,200		4,244,272		111,071
Domestic equity securities		5,217,945		2,460,403		2,524,490		64,086		5,721,393		2,930,019		2,969,586		39,566
Domestic bonds		31,514,498		316,893		320,858		3,965		36,520,219		326,376		331,539		5,163
Government bonds		29,114,239		266,242		266,658		416		34,084,434		273,479		274,856		1,377
Municipal bonds		191,424		4,693		4,743		50		188,316		5,374		5,441		67
Corporate bonds		2,208,834		45,957		49,456		3,498		2,247,468		47,522		51,241		3,718
Other		25,471,179		316,766		488,043		171,276		27,094,657		876,804		943,146		66,341
Foreign equity securities		133,727		2,189		21,047		18,858		191,401		58,466		59,040		574
Foreign bonds		21,505,046		306,577		343,701		37,123		22,564,990		597,340		623,146		25,805
Other		3,832,406		8,000		123,294		115,294		4,338,265		220,996		260,958		39,961

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, 2015

As of March 31, 2015

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Debt securities being held to maturity

2,785,423

32,941

36,955

4,014

3,102,252

37,860

41,782

3,921

Stocks of subsidiaries and affiliates

843,460

(134,261

)

31,520

165,782

865,646

206,054

214,537

8,482

(in millions of yen)

As of September 30, 2015

As of March 31, 2015

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Other securities

43,752,287

2,245,632

2,437,472

191,840

48,785,016

3,073,221

3,144,265

71,043

Domestic equity securities

4,258,821

1,897,573

1,961,448

63,875

4,673,946

2,291,397

2,329,749

38,351

Domestic bonds

25,439,552

263,374

264,746

1,371

29,967,153

275,064

277,934

2,870

Other

14,053,912

84,683

211,277

126,593

14,143,916

506,759

536,580

29,821

Foreign equity securities

122,761

(2,780

)

16,055

18,836

178,531

53,595

53,975

380

Foreign bonds

11,463,765

157,361

168,678

11,316

10,872,292

352,571

357,787

5,215

Other

2,467,385

(69,897

)

26,543

96,440

3,093,093

100,591

124,817

24,225

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

(in millions of yen)

As of September 30, 2015

As of March 31, 2015

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

10,201,503

7,873,062

5,110,422

3,355,710

12,326,240

10,215,947

5,198,489

3,327,684

Government bonds

10,082,769

7,185,570

4,706,972

2,446,999

12,140,028

9,488,185

4,809,644

2,515,940

Municipal bonds

500

114,492

75,950

336

8,288

109,795

69,720

348

Corporate bonds

118,233

572,999

327,499

908,375

177,923

617,966

319,124

811,396

Other

2,843,140

4,692,892

4,849,262

1,320,618

1,882,058

3,802,126

5,557,515

2,548,304

Foreign bonds

2,669,493

4,327,723

3,612,603

835,526

1,582,064

3,197,740

4,265,657

1,805,117

Other

173,647

365,168

1,236,659

485,092

299,994

604,385

1,291,857

743,186

Total

13,044,643

12,565,954

9,959,685

4,676,329

14,208,298

14,018,074

10,756,005

5,875,988

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, 2015								As of March 31, 2015
	Amount on balance sheet		Differences		Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Debt securities being held to maturity		—		—		—		—		24,978		54		54		—
Stocks of subsidiaries and affiliates		57,771		71,380		71,380		—		57,771		133,960		134,064		104

	(in millions of yen)
	As of September 30, 2015								As of March 31, 2015
	Amount on balance sheet		Differences		Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Other securities		14,949,935		765,598		803,079		37,480		16,903,411		966,807		988,212		21,404
Domestic equity securities		1,007,400		491,131		501,815		10,683		1,081,815		556,050		563,430		7,380
Domestic bonds		6,088,671		52,767		55,487		2,719		6,479,441		50,320		52,709		2,389
Other		7,853,864		221,699		245,777		24,077		9,342,154		360,436		372,071		11,634
Foreign equity securities		53		27		27		0		36		24		24		—
Foreign bonds		6,888,803		146,915		154,847		7,931		8,455,745		243,361		244,759		1,397
Other		965,007		74,756		90,901		16,145		886,372		117,050		127,287		10,236

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


	(in millions of yen)
	As of September 30, 2015								As of March 31, 2015
	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		1,300,220		3,977,471		791,770		19,208		690,184		4,813,751		981,359		19,123
Government bonds		1,243,608		3,815,220		721,790		16,182		646,795		4,617,073		910,789		16,089
Municipal bonds		—		106		—		38		—		123		—		40
Corporate bonds		56,612		162,144		69,980		2,988		43,389		196,555		70,570		2,994
Other		801,199		3,316,991		2,125,802		1,247,116		633,296		4,060,046		2,863,534		1,276,777
Foreign bonds		780,723		2,796,594		2,064,396		1,247,089		632,681		3,739,713		2,822,844		1,260,506
Other		20,475		520,397		61,405		27		615		320,333		40,689		16,271

Total		2,101,419		7,294,463		2,917,572		1,266,325		1,323,481		8,873,798		3,844,893		1,295,900

Mitsubishi UFJ Financial Group, Inc.

5. ROE

MUFG Consolidated

(%)

For the six months
ended
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

For the six months
ended
September 30, 2014
(B)

ROE

9.59

(0.59

)

10.18

Note:

ROE is computed as follows:


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

Mitsubishi UFJ Financial Group, Inc.

6. Risk-Adjusted Capital Ratio


MUFG Consolidated	(in billions of yen)
	As of September 30, 2015 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
(1) Total capital ratio (4)/(7)		15.68	%		0.00	%		15.68	%
(2) Tier 1 capital ratio (5)/(7)		12.73	%		0.10	%		12.62	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		11.23	%		0.09	%		11.14	%
(4) Total capital		17,562.8			10.5			17,552.3
(5) Tier 1 capital		14,254.1			123.8			14,130.3
(6) Common Equity Tier 1 capital		12,571.9			105.3			12,466.6
(7) Risk weighted assets		111,939.3			37.7			111,901.5
(8) Required Capital (7)×8%		8,955.1			3.0			8,952.1

BTMU Consolidated	(in billions of yen)
	As of September 30, 2015 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
(1) Total capital ratio (4)/(7)		15.39	%		(0.21	)%		15.61	%
(2) Tier 1 capital ratio (5)/(7)		12.23	%		(0.10	)%		12.33	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		10.77	%		(0.11	)%		10.88	%
(4) Total capital		13,622.3			(108.3	)		13,730.7
(5) Tier 1 capital		10,821.3			(27.4	)		10,848.8
(6) Common Equity Tier 1 capital		9,530.0			(41.8	)		9,571.8
(7) Risk weighted assets		88,464.9			532.7			87,932.1
(8) Required Capital (7)×8%		7,077.1			42.6			7,034.5

MUTB Consolidated	(in billions of yen)
	As of September 30, 2015 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
(1) Total capital ratio (4)/(7)		19.08	%		(0.07	)%		19.15	%
(2) Tier 1 capital ratio (5)/(7)		15.66	%		0.40	%		15.26	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		15.15	%		0.45	%		14.70	%
(4) Total capital		2,280.1			(56.6	)		2,336.7
(5) Tier 1 capital		1,871.5			10.1			1,861.4
(6) Common Equity Tier 1 capital		1,811.0			17.4			1,793.5
(7) Risk weighted assets		11,948.2			(248.8	)		12,197.0
(8) Required Capital (7)×8%		955.8			(19.9	)		975.7

BTMU Non-consolidated	(in billions of yen)
	As of September 30, 2015 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
(1) Total capital ratio (4)/(7)		16.91	%		(0.32	)%		17.23	%
(2) Tier 1 capital ratio (5)/(7)		13.37	%		(0.16	)%		13.54	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		11.76	%		(0.14	)%		11.90	%
(4) Total capital		12,365.0			(101.9	)		12,466.9
(5) Tier 1 capital		9,777.6			(14.1	)		9,791.8
(6) Common Equity Tier 1 capital		8,598.2			(12.9	)		8,611.2
(7) Risk weighted assets		73,104.1			787.3			72,316.7
(8) Required Capital (7)×8%		5,848.3			62.9			5,785.3

MUTB Non-consolidated	(in billions of yen)
	As of September 30, 2015 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
(1) Total capital ratio (4)/(7)		18.99	%		(0.17	)%		19.16	%
(2) Tier 1 capital ratio (5)/(7)		15.10	%		0.19	%		14.90	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		14.59	%		0.24	%		14.35	%
(4) Total capital		2,239.7			(79.1	)		2,318.9
(5) Tier 1 capital		1,781.4			(22.1	)		1,803.5
(6) Common Equity Tier 1 capital		1,721.5			(14.8	)		1,736.4
(7) Risk weighted assets		11,793.3			(305.8	)		12,099.1
(8) Required Capital (7)×8%		943.4			(24.4	)		967.9

Note:

(1)

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.

(2)

There may be restatements in the consolidated capital ratios and the stand-alone capital ratios, due to possible amendments of certain figures used for the calculation of the floor adjustment, which forms part of the risk-weighted assets.

Mitsubishi UFJ Financial Group, Inc.

7. Risk-Monitored Loans

MUFG Consolidated

(1)	Risk-Monitored Loans


	(in millions of yen)
	As of September 30, 2015 (A)		% to total loans and bills discounted			As of March 31, 2015 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		23,438		0.02	%		23,586		0.02	%		(148	)		(0.00	)%
Non-accrual delinquent loans		826,077		0.73	%		811,478		0.74	%		14,598			(0.00	)%
Accruing loans contractually past due 3 months or more		53,635		0.04	%		51,034		0.04	%		2,600			0.00	%
Restructured loans		583,867		0.52	%		653,839		0.59	%		(69,972	)		(0.07	)%

Total risk monitored loans		1,487,018		1.32	%		1,539,939		1.40	%		(52,921	)		(0.07	)%

Total loans and bills discounted		111,837,805		——			109,368,340		——			2,469,465			——

Written-off		437,768		——			478,168		——			(40,399	)		——
(2) Allowance for Credit Losses
	(in millions of yen)
	As of September 30, 2015 (A)		% to total risk monitored loans			As of March 31, 2015 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		915,433		61.56	%		995,784		64.66	%		(80,350	)		(3.10	)%
General allowance for credit losses		671,872		——			766,272		——			(94,399	)		——
Specific allowance for credit losses		243,149		——			228,297		——			14,852			——
Allowance for credit to specific foreign borrowers		411		——			1,214		——			(803	)		——

(3)	Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		1,127,518		1,242,070		(114,552	)
Overseas		359,499		297,868		61,630
Asia		133,385		108,805		24,580
Indonesia		3,667		4,348		(681	)
Singapore		20,932		1,082		19,850
Thailand		89,047		88,049		998
Hong Kong		812		—		812
China		111		110		0
Other		18,813		15,214		3,599
Americas		128,957		100,784		28,173
Europe, Middle East and Other		97,155		88,279		8,876

Total		1,487,018		1,539,939		(52,921	)

Classified by Industry


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		1,127,518		1,242,070		(114,552	)
Manufacturing		309,548		346,306		(36,757	)
Construction		23,582		26,871		(3,288	)
Wholesale and retail		186,749		211,910		(25,161	)
Finance and insurance		4,750		5,681		(930	)
Real estate, goods rental and leasing		108,715		121,771		(13,055	)
Services		73,956		82,905		(8,948	)
Other industries		36,700		44,908		(8,208	)
Consumer		383,514		401,716		(18,201	)
Overseas		359,499		297,868		61,630
Financial institutions		7,535		8,496		(960	)
Commercial and industrial		204,094		120,954		83,140
Other		147,868		168,418		(20,549	)

Total		1,487,018		1,539,939		(52,921	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


(1) Risk-Monitored Loans
	(in millions of yen)
	As of September 30, 2015 (A)		% to total loans and bills discounted			As of March 31, 2015 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		14,947		0.01	%		14,913		0.01	%		33			(0.00	)%
Non-accrual delinquent loans		617,963		0.72	%		606,554		0.73	%		11,409			(0.00	)%
Accruing loans contractually past due 3 months or more		57,385		0.06	%		55,538		0.06	%		1,847			0.00	%
Restructured loans		416,878		0.49	%		483,795		0.58	%		(66,916	)		(0.09	)%

Total risk monitored loans		1,107,175		1.30	%		1,160,802		1.40	%		(53,627	)		(0.09	)%

Total loans and bills discounted		84,834,422		——			82,740,384		——			2,094,038			——

Written-off		325,840		——			340,284		——			(14,443	)		——
(2) Allowance for Credit Losses
	(in millions of yen)
	As of September 30, 2015 (A)		% to total risk monitored loans			As of March 31, 2015 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		563,583		50.90	%		644,579		55.52	%		(80,996	)		(4.62	)%
General allowance for credit losses		400,093		——			492,721		——			(92,627	)		——
Specific allowance for credit losses		163,078		——			150,643		——			12,434			——
Allowance for credit to specific foreign borrowers		411		——			1,214		——			(803	)		——

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		926,227		1,034,888		(108,661	)
Overseas		180,948		125,913		55,034
Asia		40,495		16,510		23,984
Indonesia		74		1,397		(1,322	)
Singapore		20,932		—		20,932
Thailand		—		—		—
Hong Kong		812		—		812
China		—		—		—
Other		18,674		15,113		3,561
Americas		43,296		21,123		22,172
Europe, Middle East and Other		97,155		88,279		8,876

Total		1,107,175		1,160,802		(53,627	)

Classified by Industry


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		926,227		1,034,888		(108,661	)
Manufacturing		290,115		326,239		(36,123	)
Construction		22,863		26,136		(3,272	)
Wholesale and retail		184,904		207,464		(22,560	)
Finance and insurance		4,470		5,374		(903	)
Real estate		94,521		106,276		(11,755	)
Goods rental and leasing		4,700		4,914		(213	)
Services		73,559		82,495		(8,935	)
Other industries		36,362		44,024		(7,661	)
Consumer		214,728		231,963		(17,234	)
Overseas		180,948		125,913		55,034
Financial institutions		7,453		7,298		155
Commercial and industrial		113,662		40,586		73,076
Other		59,831		78,029		(18,197	)

Total		1,107,175		1,160,802		(53,627	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of September 30, 2015 (A)		% to total loans and bills discounted			As of March 31, 2015 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		468		0.00	%		476		0.00	%		(7	)		(0.00	)%
Non-accrual delinquent loans		18,461		0.14	%		23,093		0.18	%		(4,631	)		(0.04	)%
Accruing loans contractually past due 3 months or more		472		0.00	%		405		0.00	%		67			0.00	%
Restructured loans		20,314		0.15	%		21,460		0.17	%		(1,145	)		(0.01	)%

Total risk monitored loans		39,717		0.30	%		45,434		0.36	%		(5,717	)		(0.05	)%

Total loans and bills discounted		12,960,358		——			12,609,827		——			350,531			——

Written-off		8,595		——			11,918		——			(3,322	)		——
(2) Allowance for Credit Losses
	(in millions of yen)
	As of September 30, 2015 (A)		% to total risk monitored loans			As of March 31, 2015 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		34,198		86.10	%		38,549		84.84	%		(4,351	)		1.25	%
General allowance for credit losses		31,074		——			32,000		——			(925	)		——
Specific allowance for credit losses		3,123		——			6,548		——			(3,425	)		——
Allowance for credit to specific foreign borrowers		0		——			0		——			(0	)		——

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		39,692		44,340		(4,648	)
Overseas		25		1,094		(1,069	)
Asia		—		1,082		(1,082	)
Indonesia		—		—		—
Singapore		—		1,082		(1,082	)
Thailand		—		—		—
Hong Kong		—		—		—
China		—		—		—
Other		—		—		—
Americas		25		12		12
Europe, Middle East and Other		—		—		—

Total		39,717		45,434		(5,717	)


Classified by Industry

	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		39,692		44,340		(4,648	)
Manufacturing		19,401		20,036		(634	)
Construction		699		714		(15	)
Wholesale and retail		1,673		4,254		(2,580	)
Finance and insurance		256		282		(26	)
Real estate		9,415		10,480		(1,064	)
Goods rental and leasing		—		—		—
Services		372		385		(12	)
Other industries		331		878		(546	)
Consumer		7,540		7,308		232
Overseas		25		1,094		(1,069	)
Financial institutions		—		1,082		(1,082	)
Commercial and industrial		—		—		—
Other		25		12		12

Total		39,717		45,434		(5,717	)

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, 2015 (A)		% to total loans and bills discounted			As of March 31, 2015 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		3		0.01	%		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		170		0.67	%		165		0.61	%		4			0.06	%
Restructured loans		633		2.51	%		751		2.78	%		(117	)		(0.27	)%

Total risk monitored loans		808		3.20	%		921		3.41	%		(113	)		(0.20	)%

Total loans and bills discounted		25,235		——			27,008		——			(1,772	)		——

(2) Allowance for Credit Losses


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Allowance for bad debts		75		81		(5	)
(3) Classification of Risk-Monitored Loans Classified by Industry
	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		808		921		(113	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		580		688		(108	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		227		232		(4	)

Total		808		921		(113	)

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, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		123,060			89,866			33,193
Doubtful		545,440			571,436			(25,995	)
Special Attention		495,734			561,985			(66,251	)
Non Performing Loans (1)		1,164,235			1,223,289			(59,053	)

Normal		106,175,620			104,112,357			2,063,262

Total		107,339,855			105,335,646			2,004,209

Non Performing Loans / Total		1.08	%		1.16	%		(0.07	)%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		921,620			940,856			(19,236	)
Allowance for credit losses		311,609			321,940			(10,330	)
Collateral, guarantees, etc.		610,010			618,916			(8,905	)

Coverage ratio (2) / (1)		79.16	%		76.91	%		2.24	%

(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

123,060

19,669

103,390

100.00

[89,866

]

[1,191

]

[88,674

]

[100.00

Doubtful

545,440

144,691

285,210

78.81

[571,436

]

[153,008

]

[300,448

]

[79.35

Special Attention

495,734

147,247

221,409

74.36

[561,985

]

[167,740

]

[229,792

]

[70.73

Total

1,164,235

311,609

610,010

79.16

[1,223,289

]

[321,940

]

[618,916

]

[76.91

Note: The upper figures are as of September 30, 2015. The lower figures with brackets are as of March 31, 2015.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		978,298		1,091,554		(113,256	)
Manufacturing		310,934		347,914		(36,980	)
Construction		23,710		26,937		(3,226	)
Wholesale and retail		192,782		216,734		(23,952	)
Finance and insurance		6,302		7,279		(976	)
Real estate		104,850		118,470		(13,620	)
Goods rental and leasing		4,705		4,922		(217	)
Services		74,458		83,500		(9,041	)
Other industries		37,637		45,901		(8,264	)
Consumer		222,916		239,892		(16,976	)
Overseas		185,937		131,735		54,202
Financial institutions		7,453		8,380		(927	)
Commercial and industrial		118,626		45,312		73,314
Other		59,856		78,041		(18,184	)

Total		1,164,235		1,223,289		(59,053	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		121,072			87,955			33,116
Doubtful		528,363			549,635			(21,271	)
Special Attention		474,264			539,334			(65,069	)
Non Performing Loans (1)		1,123,700			1,176,925			(53,224	)

Normal		92,825,526			91,117,065			1,708,460

Total		93,949,227			92,293,991			1,655,236

Non Performing Loans / Total		1.19	%		1.27	%		(0.07	)%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		889,767			905,598			(15,831	)
Allowance for credit losses		301,350			308,487			(7,136	)
Collateral, guarantees, etc.		588,416			597,111			(8,694	)

Coverage ratio (2) / (1)		79.18	%		76.94	%		2.23	%

(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

121,072

19,657

101,414

100.00

[87,955

]

[1,176

]

[86,778

]

[100.00

Doubtful

528,363

142,060

273,626

55.76

78.67

[549,635

]

[147,035

]

[288,723

]

[56.35

[79.28

Special Attention

474,264

139,632

213,374

53.52

74.43

[539,334

]

[160,274

]

[221,609

]

[50.44

[70.80

Total

1,123,700

301,350

588,416

56.29

79.18

[1,176,925

]

[308,487

]

[597,111

]

[53.20

[76.94

Note:

The upper figures are as of September 30, 2015. The lower figures with brackets are as of March 31, 2015.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		937,788		1,046,284		(108,496	)
Manufacturing		291,532		327,878		(36,345	)
Construction		23,011		26,223		(3,211	)
Wholesale and retail		191,108		212,480		(21,371	)
Finance and insurance		6,045		6,996		(950	)
Real estate		94,854		107,302		(12,447	)
Goods rental and leasing		4,705		4,922		(217	)
Services		74,085		83,115		(9,029	)
Other industries		37,305		45,023		(7,717	)
Consumer		215,138		232,343		(17,205	)
Overseas		185,912		130,640		55,271
Financial institutions		7,453		7,298		155
Commercial and industrial		118,626		45,312		73,314
Other		59,831		78,029		(18,197	)

Total		1,123,700		1,176,925		(53,224	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		1,976			1,898			77
Doubtful		16,963			21,678			(4,715	)
Special Attention		20,787			21,865			(1,078	)
Non Performing Loans (1)		39,726			45,442			(5,716	)


Normal		13,325,666			12,969,204			356,461

Total		13,365,392			13,014,647			350,745

Non Performing Loans / Total		0.29	%		0.34	%		(0.05	)%
(2) Status of Coverage of Non Performing Loans
	(in millions of yen)
	As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		31,232			34,572			(3,340	)
Allowance for credit losses		10,258			13,453			(3,194	)
Collateral, guarantees, etc.		20,973			21,118			(145	)

Coverage ratio (2) / (1)		78.61	%		76.07	%		2.53	%

(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

1,976

1,963

100.00

[1,898

]

[14

]

[1,883

]

[100.00

Doubtful

16,963

2,630

11,487

48.04

83.23

[21,678

]

[5,972

]

[11,623

]

[59.40

[81.16

Special Attention

20,787

7,615

7,521

57.40

72.82

[21,865

]

[7,465

]

[7,611

]

[52.37

[68.95

Total

39,726

10,258

20,973

54.70

78.61

[45,442

]

[13,453

]

[21,118

]

[55.30

[76.07

Note:

The upper figures are as of September 30, 2015. The lower figures with brackets are as of March 31, 2015.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2015 (A)		As of March 31, 2015 (B)		Increase (Decrease) (A) - (B)
Domestic		39,701		44,348		(4,646	)
Manufacturing		19,401		20,036		(634	)
Construction		699		714		(15	)
Wholesale and retail		1,673		4,254		(2,580	)
Finance and insurance		256		282		(26	)
Real estate		9,415		10,480		(1,064	)
Goods rental and leasing		—		—		—
Services		372		385		(12	)
Other industries		331		878		(546	)
Consumer		7,549		7,316		233
Overseas		25		1,094		(1,069	)
Financial institutions		—		1,082		(1,082	)
Commercial and industrial		—		—		—
Other		25		12		12

Total		39,726		45,442		(5,716	)

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, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								11			12			(0	)
Doubtful								113			122			(8	)
Special Attention								682			786			(103	)
Non Performing Loans (1)								808			921			(113	)


Normal								24,427			26,086			(1,659	)

Total								25,235			27,008			(1,772	)

Non Performing Loans / Total								3.20	%		3.41	%		(0.20	)%

(2) Status of Coverage of Non Performing Loans

							(in millions of yen)
							As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								620			686			(65	)
Allowance for credit losses								—			—			—
Collateral, guarantees, etc.								620			686			(65	)

Coverage ratio (2) / (1)								76.82	%		74.50	%		2.32	%
(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		11			—			11						100.00	%
Bankrupt or De facto Bankrupt		[12	]		[—	]		[12	]					[100.00	%]
Doubtful		113			—			96						84.71	%
Doubtful		[122	]		[—	]		[101	]					[83.05	%]
Special Attention		682			—			512						75.10	%
Special Attention		[786	]		[—	]		[572	]					[72.76	%]
Total		808			—			620						76.82	%
Total		[921	]		[—	]		[686	]					[74.50	%]

Note: The upper figures are as of September 30, 2015. The lower figures with brackets are as of March 31, 2015. (4) Classified by Industry
							(in millions of yen)
							As of September 30, 2015 (A)			As of March 31, 2015 (B)			Increase (Decrease) (A) - (B)
Domestic								808			921			(113	)
Manufacturing								—			—			—
Construction								—			—			—
Wholesale and retail								—			—			—
Finance and insurance								—			—			—
Real estate								580			688			(108	)
Goods rental and leasing								—			—			—
Services								—			—			—
Other industries								—			—			—
Consumer								227			232			(4	)

Total								808			921			(113	)

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

[103.3]

[18.5]

[1.0]

(*1)

100.00%

i) Bankrupt or

De facto Bankrupt

[123.0]

Loans to bankrupt borrowers

[15.4]

Substantially
Bankrupt
Borrowers

Non-accrual

delinquent loans

[636.4]

Potentially
Bankrupt
Borrowers

[285.8]

[259.4]

55.60%

ii) Doubtful

[545.3]

Borrowers
Requiring
Caution
(Special
Attention
Borrowers)

[495.0]

53.70%

iii) Special Attention

[495.0]

Accruing loans contractually past due

3 months or more

[57.8]

Restructured loans

[437.1]

Borrowers
Requiring
Caution
(Other
Borrowers)

iv) Normal

[106,151.1]

Normal
Borrowers

Non-Performing Loans Based on the “FRL”

Risk-Monitored Loans

i) + ii) + iii)

1,163.4

1,146.8

Total

i) + ii) + iii) + iv)

107,314.6

(*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, 2013		As of March 31, 2014		As of March 31, 2015 (A)		As of September 30, 2015 (B)		(B) - (A)
Assets newly categorized during fiscal 2012		340,637		204,404		94,261		74,565		(19,695	)
Assets newly categorized during fiscal 2013				195,312		121,427		100,221		(21,206	)
Assets newly categorized during fiscal 2014						98,674		76,810		(21,864	)
Assets newly categorized during fiscal 2015								133,996

(2)	Progress in Disposition of Problem Assets


	(in millions of yen)
	For the first half of the fiscal year ended September 30, 2015
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		2,049		——		——
Reconstructive treatment		2,566		——		——
Upgrade due to reconstructive treatment		—		——		——
Loan sold to secondary market		2,019		——		——
Write-offs		11,472		——		——
Others		104,043		——		——
Collection / Repayment		56,833		——		——
Upgrade		47,209		——		——

Total		122,151		17,891		104,259


Amount in process for disposition		77,117

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, 2013		As of March 31, 2014		As of March 31, 2015 (A)		As of September 30, 2015 (B)		(B) - (A)
Assets newly categorized during fiscal 2012		15,711		8,784		1,845		1,729		(116	)
Assets newly categorized during fiscal 2013				6,315		3,069		2,800		(268	)
Assets newly categorized during fiscal 2014						7,495		2,568		(4,926	)
Assets newly categorized during fiscal 2015								2,426

(2)	Progress in Disposition of Problem Assets


	(in millions of yen)
	For the first half of the fiscal year ended September 30, 2015
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		—		——		——
Reconstructive treatment		—		——		——
Upgrade due to reconstructive treatment		—		——		——
Loan sold to secondary market		—		——		——
Write-offs		3,017		——		——
Others		4,056		——		——
Collection / Repayment		3,043		——		——
Upgrade		1,012		——		——

Total		7,073		6,909		164


Amount in process for disposition		2,092

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, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Domestic offices (excluding loans booked at offshore markets)		71,397,455			1,962,436			69,435,019
Manufacturing		10,261,397			104,589			10,156,808
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		155,182			(8,921	)		164,103
Construction		787,765			(47,298	)		835,063
Utilities		1,650,394			(49,154	)		1,699,548
Communication and information services		1,223,474			(58,455	)		1,281,929
Transport and postal activities		2,290,348			120,007			2,170,341
Wholesale and retail		6,588,769			(42,004	)		6,630,773
Finance and insurance		8,100,460			(465	)		8,100,925
Real estate		8,472,788			(53,655	)		8,526,443
Goods rental and leasing		1,843,044			43,620			1,799,424
Services		2,485,913			(170,408	)		2,656,321
Municipal government		615,731			(41,685	)		657,416
Other industries (including loans to the Japanese government)		26,922,178			2,166,269			24,755,909
Overseas offices and loans booked at offshore markets		26,522,558			494,989			26,027,568

Total		97,920,014			2,457,425			95,462,588

(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Total domestic consumer loans		16,468,506			(180,399	)		16,648,906
Housing loans		15,685,145			(193,973	)		15,879,119
Residential purpose		13,382,455			(103,811	)		13,486,267
Other		783,361			13,574			769,786
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Outstanding amount		38,978,411			200,231			38,778,180
% to total domestic loans		54.59	%		(1.25	)%		55.84	%

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Domestic offices (excluding loans booked at offshore markets)		60,785,334			1,922,378			58,862,955
Manufacturing		8,148,218			92,685			8,055,533
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		151,085			(8,639	)		159,724
Construction		688,655			(39,031	)		727,686
Utilities		1,224,713			(51,799	)		1,276,512
Communication and information services		1,005,141			(51,765	)		1,056,906
Transport and postal activities		1,671,863			133,405			1,538,458
Wholesale and retail		5,618,224			(45,208	)		5,663,432
Finance and insurance		5,959,983			(37,689	)		5,997,672
Real estate		6,681,990			(35,055	)		6,717,045
Goods rental and leasing		1,196,757			16,255			1,180,502
Services		2,342,185			(139,390	)		2,481,575
Municipal government		605,528			(40,298	)		645,826
Other industries (including loans to the Japanese government)		25,490,992			2,128,908			23,362,084
Overseas offices and loans booked at offshore markets		24,049,087			171,659			23,877,428

Total		84,834,422			2,094,038			82,740,384

(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Total domestic consumer loans		15,120,662			(197,929	)		15,318,592
Housing loans		14,343,383			(212,022	)		14,555,405
Residential purpose		12,219,426			(133,664	)		12,353,090
Other		777,279			14,092			763,187
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Outstanding amount		33,537,816			50,697			33,487,119
% to total domestic loans		55.17	%		(1.71	)%		56.88	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Domestic offices (excluding loans booked at offshore markets)		10,486,888			27,201			10,459,686
Manufacturing		2,113,179			11,904			2,101,275
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		4,097			(282	)		4,379
Construction		99,110			(8,267	)		107,377
Utilities		425,681			2,645			423,036
Communication and information services		218,333			(6,690	)		225,023
Transport and postal activities		618,485			(9,840	)		628,325
Wholesale and retail		970,545			3,204			967,341
Finance and insurance		2,136,238			32,985			2,103,253
Real estate		1,781,889			(17,596	)		1,799,485
Goods rental and leasing		646,287			27,365			618,922
Services		143,722			(31,018	)		174,740
Municipal government		4,827			(1,358	)		6,185
Other industries (including loans to the Japanese government)		1,324,485			24,151			1,300,334
Overseas offices and loans booked at offshore markets		2,473,470			323,329			2,150,140

Total		12,960,358			350,531			12,609,827


(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Total domestic consumer loans		1,337,284			18,387			1,318,897
Housing loans		1,331,304			18,881			1,312,423
Residential purpose		1,153,354			30,507			1,122,847
Other		5,979			(494	)		6,474

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Outstanding amount		5,324,978			137,329			5,187,649
% to total domestic loans		50.77	%		1.18	%		49.59	%

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, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Domestic offices (excluding loans booked at offshore markets)		125,233			12,856			112,376
Manufacturing		—			—			—
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		—			—			—
Construction		—			—			—
Utilities		—			—			—
Communication and information services		—			—			—
Transport and postal activities		—			(3,558	)		3,558
Wholesale and retail		—			—			—
Finance and insurance		4,239			4,239			—
Real estate		8,909			(1,004	)		9,913
Goods rental and leasing		—			—			—
Services		6			—			6
Municipal government		5,376			(29	)		5,405
Other industries (including loans to the Japanese government)		106,701			13,210			93,491
Overseas offices and loans booked at offshore markets		—			—			—

Total		125,233			12,856			112,376


(2) Domestic Consumer Loans
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Total domestic consumer loans		10,558			(856	)		11,415
Housing loans		10,457			(833	)		11,290
Residential purpose		9,675			(654	)		10,329
Other		101			(23	)		125

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of September 30, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Outstanding amount		115,617			12,205			103,412
% to total domestic loans		92.32	%		0.29	%		92.02	%

Mitsubishi UFJ Financial Group, Inc.

11. Overseas Loans

BTMU and MUTB Combined


	(in millions of yen)
	As of September 30, 2015 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Asia		7,472,937		(68,374	)		7,541,312
Thailand		244,389		(43	)		244,432
Indonesia		892,953		(36,181	)		929,135
Malaysia		486,191		12,123			474,067
Philippines		261,410		45,957			215,453
South Korea		475,223		(53,281	)		528,505
Singapore		1,334,760		(86,015	)		1,420,775
Hong Kong		2,109,599		1,036			2,108,563
China		183,485		796			182,688
Taiwan		418,627		66,700			351,926
Others		1,066,295		(19,467	)		1,085,763
Latin America		4,216,447		340,253			3,876,193
Argentina		22,947		18,947			4,000
Brazil		693,243		60,862			632,381
Mexico		414,456		1,029			413,427
Caribbean countries		2,651,403		319,547			2,331,856
Others		434,394		(60,133	)		494,528
North America		7,407,031		176,565			7,230,466
United States of America		7,092,687		186,228			6,906,459
Canada		314,344		(9,663	)		324,007
Western Europe		5,237,292		312,330			4,924,962
United Kingdom		2,102,209		111,618			1,990,590
Germany		492,832		35,658			457,174
France		368,507		36,147			332,359
Netherlands		758,905		46,319			712,586
Spain		162,814		9,450			153,363
Italy		215,000		7,360			207,639
Others		1,137,023		65,776			1,071,247
Eastern Europe		282,133		(67,177	)		349,311
Others		3,870,799		(4,926	)		3,875,726

Total		28,486,642		688,670			27,797,972

Note:

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

MUFG Americas Holdings Corporation : ¥9,248,607 million (a 98,417 million yen increase as compared with March 31, 2015.)

Bank of Ayudhya Public Company Limited : ¥3,632,523 million (a 60,286 million yen increase as compared with March 31, 2015.)

Bank of Tokyo-Mitsubishi UFJ (China), Ltd.: ¥1,603,517 million (a 15,802 million yen decrease as compared with March 31, 2015.)

Bank of Tokyo-Mitsubishi UFJ (Holland) N.V.: ¥630,254 million (a 43,938 million yen decrease as compared with March 31, 2015.)

Bank of Tokyo-Mitsubishi UFJ (Canada) : ¥422,568 million (a 24,906 million yen increase as compared with March 31, 2015.)

Bank of Tokyo-Mitsubishi UFJ (Malaysia) : ¥413,010 million (a 152,469 million yen increase as compared with March 31, 2015.)

Mitsubishi UFJ Financial Group, Inc.

12. Loans and Deposits

BTMU and MUTB Combined

(in millions of yen)

As of
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2015
(B)

Deposits (ending balance)

139,261,268

1,928,947

137,332,320

Deposits (average balance)

137,666,856

5,659,957

132,006,899

Loans (ending balance)

97,794,780

2,444,569

95,350,211

Loans (average balance)

96,919,100

2,124,813

94,794,286

BTMU Non-consolidated

(in millions of yen)

As of
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2015
(B)

Deposits (ending balance)

126,316,782

1,725,873

124,590,909

Deposits (average balance)

124,816,464

5,435,237

119,381,226

Loans (ending balance)

84,834,422

2,094,038

82,740,384

Loans (average balance)

84,283,344

1,583,906

82,699,437

MUTB Non-consolidated

(in millions of yen)

As of
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2015
(B)

Deposits (ending balance)

12,944,485

203,074

12,741,410

Deposits (average balance)

12,850,392

224,720

12,625,672

Loans (ending balance)

12,960,358

350,531

12,609,827

Loans (average balance)

12,635,756

540,907

12,094,849

Mitsubishi UFJ Financial Group, Inc.

13. Domestic Deposits

BTMU and MUTB Combined

(in millions of yen)

As of
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2015
(B)

Individuals

70,735,898

320,706

70,415,191

Corporations and others

47,489,294

40,148

47,449,145

Domestic deposits

118,225,192

360,855

117,864,337

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

BTMU Non-consolidated

(in millions of yen)

As of
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2015
(B)

Individuals

62,708,484

514,447

62,194,037

Corporations and others

44,034,674

(230,066

)

44,264,741

Domestic deposits

106,743,158

284,380

106,458,778

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

MUTB Non-consolidated

(in millions of yen)

As of
September 30, 2015
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2015
(B)

Individuals

8,027,414

(193,740

)

8,221,154

Corporations and others

3,454,620

270,215

3,184,404

Domestic deposits

11,482,034

76,475

11,405,559

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, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Deferred tax assets		516.7			(54.3	)		571.1
Allowance for credit losses		252.6			(28.4	)		281.1
Write-down on investment securities		110.0			14.0			96.0
Unrealized losses on other securities		16.8			3.5			13.3
Reserve for retirement benefits		104.8			(0.4	)		105.3
Other		185.9			(19.8	)		205.8
Valuation allowance		(153.6	)		(23.1	)		(130.5	)
Deferred tax liabilities		931.1			(225.3	)		1,156.5
Unrealized gains on other securities		680.4			(244.8	)		925.2
Net deferred gains on hedges		94.5			19.9			74.5
Revaluation gains on securities upon merger		68.4			(1.2	)		69.6
Gains on securities contributed to employees’ retirement benefits trust		52.4			(0.1	)		52.6
Other		35.2			0.9			34.3
Net deferred tax assets		(414.3	)		171.0			(585.3	)

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


	(in billions of yen)
	FY2010			FY2011			FY2012			FY2013			FY2014			Interim FY2015
Net business profits before provision for general allowance for credit losses		1,006.5			1,022.8			1,001.5			855.9			931.4			480.4
Total credit costs		(166.1	)		(125.3	)		(56.6	)		17.0			(70.7	)		21.2
Income before income taxes		674.4			739.5			877.4			984.7			860.2			551.6
Reconciliation to taxable income		(24.0	)		(305.1	)		(561.4	)		(336.2	)		(12.6	)		(193.5	)
Taxable income		650.3			434.3			316.0			648.5			847.5			358.1

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

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

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, 2015 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2015 (B)
Deferred tax assets		56.9			(6.5	)		63.5
Deferred losses on hedging instruments		25.6			(1.6	)		27.2
Gains on securities related to employees’ retirement benefits trust		14.9			0.5			14.3
Allowance for credit losses		12.6			(1.8	)		14.5
Write-down on investment securities		10.6			0.2			10.4
Other		31.8			(2.9	)		34.7
Valuation allowance		(38.7	)		(0.9	)		(37.7	)
Deferred tax liabilities		292.5			(60.6	)		353.1
Unrealized gains on other securities		237.5			(63.8	)		301.4
Reserve for retirement benefits		42.6			3.7			38.9
Other		12.2			(0.5	)		12.7
Net deferred tax assets		(235.5	)		54.1			(289.6	)

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


	(in billions of yen)
	FY2010			FY2011			FY2012			FY2013			FY2014			Interim FY2015
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		150.4			148.1			162.2			162.9			190.4			95.6
Total credit costs		(8.0	)		(9.2	)		(8.6	)		18.0			(0.4	)		1.3
Income before income taxes		101.9			113.5			173.5			184.4			201.4			99.0
Reconciliation to taxable income		(80.1	)		(30.2	)		(84.9	)		(94.3	)		(40.4	)		(32.3	)
Taxable income		21.7			83.3			88.6			90.1			160.9			66.7

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

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

Mitsubishi UFJ Financial Group, Inc.

(Reference)

1. Exposure to “Securitized Products and Related Investments”

Our exposure to securitized products and related investments as of the end of September 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 September 2015 was ¥3.15 trillion in total, a decrease of ¥0.24 trillion from the balance as of the end of March 2015, mainly due to a decrease in CLOs.

(2)

Net unrealized losses were ¥10 billion, worsened by ¥6 billion compared to the end of March 2015.

(3)

P/L impact for the quarter ended September 30, 2015 was ¥1 billion.


	(¥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		18		(3	)		4			0			0		0
Sub-prime RMBS		0		0			0			0			0		0
CMBS		401		(4	)		0			(2	)		211		(1	)
CLOs		2,676		(201	)		(15	)		(2	)		1,668		(8	)
Other securitized products (card, etc.)		57		(30	)		1			(2	)		19		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		3,152		(238	)		(10	)		(6	)		1,898		(9	)

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 September 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		1			2			0			9			5			0			18
Sub-prime RMBS		0			0			0			0			0			0			0
CMBS		160			241			0			0			0			0			401
CLOs		2,556			77			41			3			0			0			2,676
Other securitized products (card, etc.)		29			25			0			1			0			2			57
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		2,747			344			41			13			5			2			3,152

Percentage of total		87	%		11	%		1	%		0	%		0	%		0	%		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 September 2015.


	(¥bn)
	Americas		Europe		Asia		Japan		Total		Change from end of March 2015
LBO Loan³ (Balance on a commitment basis)		6		146		0		344		495		21
Balance on a booking basis		5		119		0		313		437		31

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 September 2015 was ¥4.60 trillion (including ¥2.39 trillion in overseas).

(3)

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

End


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

Mitsubishi UFJ Financial Group, Inc.

2. Financial Statements

BTMU Non-consolidated

(1)	Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2015			As of September 30, 2015
Assets:
Cash and due from banks		33,122,906			39,165,666
Call loans		274,077			156,268
Receivables under resale agreements		29,243			21,716
Receivables under securities borrowing transactions		341,200			679,437
Monetary claims bought		3,727,386			3,649,729
Trading assets		5,764,317			5,748,898
Money held in trust		31,132			59,830
Securities		52,873,408			47,875,327
Loans and bills discounted		82,740,384			84,834,422
Foreign exchanges		2,013,104			1,700,647
Other assets		6,224,547			6,272,966
Tangible fixed assets		873,973			871,928
Intangible fixed assets		398,550			393,436
Prepaid pension costs		225,683			241,348
Customers’ liabilities for acceptances and guarantees		6,657,095			6,612,754
Allowance for credit losses		(644,579	)		(563,583	)

Total assets		194,652,431			197,720,795

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2015			As of September 30, 2015
Liabilities:
Deposits		124,590,909			126,316,782
Negotiable certificates of deposit		10,985,081			8,740,706
Call money		1,084,494			1,524,172
Payables under repurchase agreements		8,957,252			10,142,073
Payables under securities lending transactions		2,369,378			3,194,713
Commercial papers		1,265,562			1,342,982
Trading liabilities		4,344,146			4,384,743
Borrowed money		11,724,531			12,181,026
Foreign exchanges		1,694,556			2,072,120
Bonds payable		4,791,846			4,721,022
Other liabilities		4,902,001			5,736,164
Reserve for bonuses		28,161			24,450
Reserve for bonuses to directors		143			42
Reserve for retirement benefits		6,953			8,358
Reserve for loyalty award credits		1,217			1,432
Reserve for contingent losses		41,195			38,228
Deferred tax liabilities		585,351			414,344
Deferred tax liabilities for land revaluation		133,940			132,945
Acceptances and guarantees		6,657,095			6,612,754

Total liabilities		184,163,819			187,589,065

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		3,066,001			3,205,338
Revenue reserve		190,044			190,044
Other retained earnings		2,875,957			3,015,294
Funds for retirement benefits		2,432			2,432
Other reserve		718,196			718,196
Earned surplus brought forward		2,155,328			2,294,665
Treasury stock		(645,700	)		(645,700	)

Total shareholders’ equity		8,010,535			8,149,872

Net unrealized gains (losses) on other securities		2,086,911			1,550,391
Net deferred gains (losses) on hedging instruments		155,143			196,505
Land revaluation excess		236,022			234,960

Total valuation and translation adjustments		2,478,076			1,981,857

Total net assets		10,488,611			10,131,730

Total liabilities and net assets		194,652,431			197,720,795

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, 2014		For the six months ended September 30, 2015
Ordinary income		1,496,665		1,563,186
Interest income		801,444		802,020
Interest on loans and bills discounted		490,208		477,429
Interest and dividends on securities		244,386		253,705
Fees and commissions		323,680		327,308
Trading income		55,939		61,919
Other business income		196,847		226,742
Other ordinary income		118,752		145,195
Ordinary expenses		949,412		1,024,806
Interest expenses		176,324		191,159
Interest on deposits		52,384		65,150
Fees and commissions		76,761		83,534
Trading expenses		628		—
Other business expenses		44,673		94,562
General and administrative expenses		602,862		576,210
Other ordinary expenses		48,161		79,339

Ordinary profits		547,253		538,379

Extraordinary gains		707		19,301
Extraordinary losses		36,919		6,034

Income before income taxes		511,041		551,645

Income taxes-current		138,988		119,046
Income taxes-deferred		17,594		52,945

Total taxes		156,582		171,991

Net income		354,458		379,654

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1)	Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2015			As of September 30, 2015
Assets:
Cash and due from banks		4,445,069			5,378,902
Call loans		129,117			50,991
Monetary claims bought		1,383			842
Trading assets		438,754			437,857
Money held in trust		13,256			13,120
Securities		17,186,742			15,247,201
Loans and bills discounted		12,609,827			12,960,358
Foreign exchanges		24,891			32,382
Other assets		654,237			578,678
Tangible fixed assets		148,449			150,019
Intangible fixed assets		53,216			54,627
Prepaid pension costs		239,117			251,168
Customers’ liabilities for acceptances and guarantees		365,822			356,579
Allowance for credit losses		(38,549	)		(34,198	)

Total assets		36,271,336			35,478,530

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2015			As of September 30, 2015
Liabilities:
Deposits		12,741,410			12,944,485
Negotiable certificates of deposit		4,837,879			5,653,769
Call money		1,354,566			983,449
Payables under repurchase agreements		5,849,069			4,509,142
Payables under securities lending transactions		2,558,657			2,427,176
Commercial papers		516,964			793,237
Trading liabilities		160,122			158,422
Borrowed money		1,851,860			1,903,248
Foreign exchanges		3,439			367
Short-term bonds payable		79,995			59,992
Bonds payable		687,935			704,923
Due to trust accounts		1,796,031			2,011,693
Other liabilities		961,027			608,799
Reserve for bonuses		4,319			4,406
Reserve for bonuses to directors		67			13
Reserve for contingent losses		7,146			7,394
Deferred tax liabilities		289,642			235,539
Deferred tax liabilities for land revaluation		4,728			4,716
Acceptances and guarantees		365,822			356,579

Total liabilities		34,070,687			33,367,360

Net assets:
Capital stock		324,279			324,279
Capital surplus		412,315			422,083
Capital reserve		250,619			250,619
Other capital surplus		161,695			171,464
Retained earnings		858,520			893,406
Revenue reserve		73,714			73,714
Other retained earnings		784,806			819,692
Funds for retirement benefits		710			710
Other reserve		138,495			138,495
Earned surplus brought forward		645,601			680,487

Total shareholders’ equity		1,595,114			1,639,769

Net unrealized gains (losses) on other securities		665,776			528,394
Net deferred gains (losses) on hedging instruments		(57,003	)		(53,767	)
Land revaluation excess		(3,237	)		(3,226	)

Total valuation and translation adjustments		605,534			471,401

Total net assets		2,200,649			2,111,170

Total liabilities and net assets		36,271,336			35,478,530

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, 2014		For the six months ended September 30, 2015
Ordinary income		268,808		288,591
Trust fees		42,402		45,638
Interest income		114,163		133,506
Interest on loans and bills discounted		45,673		45,206
Interest and dividends on securities		65,577		84,796
Fees and commissions		60,424		65,685
Trading income		17,306		10,528
Other business income		8,225		21,103
Other ordinary income		26,286		12,128
Ordinary expenses		158,643		189,041
Interest expenses		30,894		37,650
Interest on deposits		10,919		11,544
Fees and commissions		14,934		15,708
Trading expenses		—		484
Other business expenses		16,559		35,952
General and administrative expenses		92,918		90,974
Other ordinary expenses		3,337		8,271

Ordinary profits		110,164		99,549

Extraordinary gains		18		11
Extraordinary losses		4,622		465

Income before income taxes		105,560		99,095

Income taxes-current		31,309		22,901
Income taxes-deferred		913		5,835

Total taxes		32,223		28,736

Net income		73,336		70,359

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, 2015		As of September 30, 2015
Assets:
Loans and bills discounted		112,376		125,233
Securities		58,086,929		54,402,498
Beneficiary rights to the trust		49,353,240		57,133,924
Securities held in custody accounts		3,172,363		3,638,677
Monetary claims		10,619,079		9,991,641
Tangible fixed assets		10,805,072		11,256,827
Intangible fixed assets		192,554		196,377
Other claims		5,040,404		4,009,076
Call loans		2,307,474		2,321,508
Due from banking account		3,184,730		3,820,681
Cash and due from banks		3,449,102		3,677,688

Total		146,323,327		150,574,136

Liabilities:
Money trusts		23,452,525		20,872,758
Pension trusts		15,360,655		15,144,529
Property formation benefit trusts		8,340		7,976
Investment trusts		48,930,372		56,781,925
Money entrusted other than money trusts		3,218,827		3,535,084
Securities trusts		5,066,024		5,622,723
Monetary claim trusts		10,266,613		9,528,919
Equipment trusts		44,498		49,983
Land and fixtures trusts		82,369		82,423
Composite trusts		39,893,100		38,947,810

Total		146,323,327		150,574,136

Note:

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

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

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


(in millions of yen)	As of March 31, 2015		As of September 30, 2015
Assets:
Loans and bills discounted		27,008		25,235
Securities		104,557		110,834
Other		1,624,592		1,857,497

Total		1,756,157		1,993,567

Liabilities:
Principal		1,738,140		1,974,284
Allowance for bad debts		81		75
Other		17,936		19,207

Total		1,756,157		1,993,567

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(4)	Major Items


(in millions of yen)	As of March 31, 2015		As of September 30, 2015
Total funds		56,400,812		54,623,520

Deposits		12,741,410		12,944,485
Negotiable certificates of deposit		4,837,879		5,653,769
Money trusts		23,452,525		20,872,758
Pension trusts		15,360,655		15,144,529
Property formation benefit trusts		8,340		7,976

Loans and bills discounted		12,722,204		13,085,591

Banking account		12,609,827		12,960,358
Trust account		112,376		125,233

Investment securities		75,273,672		69,649,699

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.