Edgar Filing: MITSUBISHI UFJ FINANCIAL GROUP INC

Company name:

Mitsubishi UFJ Financial Group, Inc.

Stock exchange listings: Tokyo, Nagoya, New York

Code number:

URL http://www.mufg.jp/

Representative:

Nobuyuki Hirano, President & Group CEO

For inquiry:

Kazutaka Yoneda, General Manager - Financial Planning Division / Financial Accounting Office

TEL (03) 3240-3110

Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

For the month of February 2017

Commission File No. 000-54189

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

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

Tokyo 100-8330, Japan

(Address of principal executive office)

Indicate by check mark whether the registrant files or

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

Form 20-F X Form 40-F

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

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

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

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

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FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.

SIGNATURES

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

Date: February 3, 2017


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 nine months ended December 31, 2016

February 3, 2017

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

1. Consolidated Financial Data for the Nine Months ended December 31, 2016

(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
Nine months ended	million yen		%		million yen		%			million yen		%
December 31, 2016		4,319,070		0.7		1,212,200		(9.6	)		786,938		(7.7	)
December 31, 2015		4,290,963		0.7		1,340,801		(9.7	)		852,279		(8.1	)

(*)	Comprehensive income December 31, 2016: (273,349) million yen, - %; December 31, 2015: 433,130 million yen, (81.7)%


	Basic earnings per share		Diluted earnings per share
Nine months ended	yen		yen
December 31, 2016		57.80		57.60
December 31, 2015		61.23		60.95

(2) Financial Conditions


	Total Assets		Total Net Assets		*Equity-to-asset ratio ()**
As of	million yen		million yen		%
December 31, 2016		302,056,480		16,198,353		4.9
March 31, 2016		298,302,898		17,386,769		5.2

(Reference) Shareholders’ equity as of December 31, 2016: 14,664,117 million yen; March 31, 2016: 15,457,970 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, 2016		—		9.00		—		9.00		18.00
ending March 31, 2017		—		9.00		—		——		——
ending March 31, 2017 (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, 2017 (Consolidated)

MUFG has the target of 850.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2017. (There is no change to our earnings target released on May 16, 2016.)

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 (Changes in specified subsidiaries accompanying change in scope of consolidation): Yes

Excluded: 2 Companies (MUFG Capital Finance 1 Limited and BTMU Preferred Capital 1 Limited)

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

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

(A) Changes in accounting policies due to revision of accounting standards: No

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

(D) Restatements: No

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


(A) Total stocks outstanding including treasury stocks:	December 31, 2016	14,168,853,820 shares
	March 31, 2016	14,168,853,820 shares
(B) Treasury stocks:	December 31, 2016	739,223,063 shares
	March 31, 2016	380,255,157 shares
(C) Average outstanding stocks:	Nine months ended December 31, 2016	13,614,152,099 shares
	Nine months ended December 31, 2015	13,918,899,596 shares

ø Disclosure regarding the execution of the quarterly review process

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

ø Notes for using forecasted information etc.

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

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

Mitsubishi UFJ Financial Group, Inc.

(Appendix)

Contents of Appendix


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

“Selected Financial Information under Japanese GAAP for the Nine Months Ended December 31, 2016”

Mitsubishi UFJ Financial Group, Inc.

1. Consolidated Financial Statements

(1) Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2016			As of December 31, 2016
Assets:
Cash and due from banks		49,158,293			63,910,154
Call loans and bills bought		660,015			429,272
Receivables under resale agreements		7,466,633			6,808,405
Receivables under securities borrowing transactions		6,041,983			7,794,401
Monetary claims bought		4,733,393			5,054,772
Trading assets		20,460,863			22,588,163
Money held in trust		679,678			806,313
Securities		69,993,869			57,513,556
Loans and bills discounted		113,756,325			108,862,090
Foreign exchanges		1,792,888			2,377,980
Other assets		12,255,764			14,599,071
Tangible fixed assets		1,362,044			1,320,868
Intangible fixed assets		1,254,727			1,195,217
Net defined benefit assets		377,955			442,445
Deferred tax assets		125,739			112,298
Customers’ liabilities for acceptances and guarantees		9,240,310			9,129,131
Allowance for credit losses		(1,057,585	)		(887,664	)

Total assets		298,302,898			302,056,480

Liabilities:
Deposits		160,965,056			166,429,811
Negotiable certificates of deposit		11,591,578			10,705,694
Call money and bills sold		1,360,238			1,707,442
Payables under repurchase agreements		23,515,240			19,701,086
Payables under securities lending transactions		4,710,407			5,202,617
Commercial papers		2,292,282			1,956,553
Trading liabilities		17,251,302			20,278,345
Borrowed money		12,482,277			15,896,568
Foreign exchanges		2,054,937			2,554,028
Short-term bonds payable		752,492			1,117,799
Bonds payable		9,190,542			9,724,761
Due to trust accounts		13,296,033			9,390,060
Other liabilities		10,834,564			10,786,136
Reserve for bonuses		90,219			40,443
Reserve for bonuses to directors		396			412
Reserve for stocks payment		—			9,875
Net defined benefit liabilities		62,791			59,740
Reserve for retirement benefits to directors		1,113			1,053
Reserve for loyalty award credits		15,971			17,539
Reserve for contingent losses		210,087			224,649
Reserves under special laws		4,232			4,037
Deferred tax liabilities		866,815			795,602
Deferred tax liabilities for land revaluation		127,237			124,734
Acceptances and guarantees		9,240,310			9,129,131

Total liabilities		280,916,129			285,858,126

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2016			As of December 31, 2016
Net assets:
Capital stock		2,141,513			2,141,513
Capital surplus		1,425,637			1,424,615
Retained earnings		8,587,578			9,139,018
Treasury stock		(298,922	)		(513,408	)

Total shareholders’ equity		11,855,806			12,191,737

Net unrealized gains (losses) on available-for-sale securities		2,486,627			2,231,936
Net deferred gains (losses) on hedging instruments		337,297			256,025
Land revaluation excess		176,364			173,750
Foreign currency translation adjustments		791,401			(32,779	)
Remeasurements of defined benefit plans		(189,526	)		(155,392	)
Debt value adjustments of foreign subsidiaries and affiliates		—			(1,159	)

Total accumulated other comprehensive income		3,602,163			2,472,380

Subscription rights to shares		8,260			407
Non-controlling interests		1,920,538			1,533,828

Total net assets		17,386,769			16,198,353

Total liabilities and net assets		298,302,898			302,056,480

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 nine months ended December 31, 2015		For the nine months ended December 31, 2016
Ordinary income		4,290,963		4,319,070
Interest income		2,071,759		2,085,669
Interest on loans and bills discounted		1,361,475		1,344,856
Interest and dividends on securities		473,210		499,007
Trust fees		84,658		91,592
Fees and commissions		1,114,399		1,067,262
Trading income		257,422		182,047
Other operating income		367,458		437,861
Other ordinary income		395,265		454,636
Ordinary expenses		2,950,161		3,106,869
Interest expenses		475,793		615,425
Interest on deposits		218,818		207,517
Fees and commissions		159,523		150,957
Trading expenses		—		3,033
Other operating expenses		163,831		167,057
General and administrative expenses		1,941,117		1,920,298
Other ordinary expenses		209,895		250,097

Ordinary profits		1,340,801		1,212,200

Extraordinary gains		2,477		9,311
Gains on disposition of fixed assets		2,477		9,117
Reversal of reserve for contingent liabilities from financial instruments transactions		—		194
Extraordinary losses		45,992		68,859
Losses on disposition of fixed assets		7,100		6,627
Losses on impairment of fixed assets		2,528		6,551
Provision for reserve for contingent liabilities from financial instruments transactions		349		—
Losses on change in equity		36,013		45,654
Losses on liquidation of equity securities of subsidiaries		—		5,260
Losses on exchange of shares of affiliates		—		4,538
Losses on sales of equity securities of subsidiaries		—		226

Profits before income taxes		1,297,286		1,152,653

Income taxes—current		270,583		219,514
Income taxes—deferred		84,256		60,150

Total taxes		354,840		279,664

Profits		942,446		872,988

Profits attributable to non-controlling interests		90,167		86,050

Profits attributable to owners of parent		852,279		786,938

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the nine months ended December 31, 2015			For the nine months ended December 31, 2016
Profits		942,446			872,988
Other comprehensive income
Net unrealized gains (losses) on available-for-sale securities		(418,271	)		(256,391	)
Net deferred gains (losses) on hedging instruments		114,314			(81,723	)
Land revaluation excess		297			(19	)
Foreign currency translation adjustments		(190,477	)		(504,111	)
Remeasurements of defined benefit plans		4,820			34,773
Share of other comprehensive income of associates accounted for using equity method		(20,000	)		(338,864	)

Total other comprehensive income		(509,315	)		(1,146,337	)

Comprehensive income		433,130			(273,349	)

(Comprehensive income attributable to)
Comprehensive income attributable to owners of parent		366,944			(331,787	)
Comprehensive income attributable to non-controlling interests		66,185			58,438

Mitsubishi UFJ Financial Group, Inc.

(3)	Notes on Going-Concern Assumption

Not applicable

(4)	Notes for Material Changes in Shareholders’ Equity

Not applicable

Selected Financial Information

under Japanese GAAP

For the Nine Months Ended December 31, 2016


Mitsubishi UFJ Financial Group, Inc.

Mitsubishi UFJ Financial Group, Inc.

[Contents]



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

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

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

4. ROE	[ MUFG Consolidated ]	——	9

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

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

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

(*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 nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2016 (A)			December 31, 2015 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,927,986			3,096,588			(168,602	)
Gross profits before credit costs for trust accounts		2,927,985			3,096,588			(168,602	)
Net interest income		1,470,270			1,596,005			(125,734	)
Trust fees		91,592			84,658			6,934
Credit costs for trust accounts (1)		0			0			0
Net fees and commissions		916,304			954,875			(38,571	)
Net trading profits		179,014			257,422			(78,407	)
Net other operating profits		270,803			203,627			67,176
Net gains (losses) on debt securities		127,662			93,550			34,112
General and administrative expenses		1,867,316			1,927,603			(60,287	)
Amortization of goodwill		11,020			12,569			(1,549	)
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		1,071,689			1,181,554			(109,864	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		1,060,668			1,168,984			(108,315	)
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits*		1,060,669			1,168,984			(108,315	)
Net non-recurring gains (losses)		151,531			171,817			(20,285	)
Credit costs (3)		(146,095	)		(136,778	)		(9,317	)
Losses on loan write-offs		(93,384	)		(97,122	)		3,738
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(52,711	)		(39,655	)		(13,055	)
Reversal of allowance for credit losses (4)		49,281			34,798			14,482
Reversal of reserve for contingent losses included in credit costs (5)		—			—			—
Gains on loans written-off (6)		45,866			42,856			3,009
Net gains (losses) on equity securities		96,160			63,609			32,550
Gains on sales of equity securities		134,687			85,663			49,023
Losses on sales of equity securities		(36,575	)		(13,289	)		(23,285	)
Losses on write-down of equity securities		(1,950	)		(8,763	)		6,813
Profits (losses) from investments in affiliates		171,199			191,355			(20,156	)
Other non-recurring gains (losses)		(64,880	)		(24,026	)		(40,854	)

Ordinary profits		1,212,200			1,340,801			(128,600	)

Net extraordinary gains (losses)		(59,547	)		(43,515	)		(16,032	)
Net losses on change in equity		(45,654	)		(36,013	)		(9,641	)
Profits before income taxes		1,152,653			1,297,286			(144,633	)
Income taxes-current		219,514			270,583			(51,069	)
Income taxes-deferred		60,150			84,256			(24,106	)
Total taxes		279,664			354,840			(75,175	)
Profits		872,988			942,446			(69,457	)
Profits attributable to non-controlling interests		86,050			90,167			(4,117	)

Profits attributable to owners of parent		786,938			852,279			(65,340	)

Note:
* Net operating profits = Banking subsidiaries’ net operating profits + Other consolidated entities’ gross profits - Other consolidated entities’ general and administrative expenses - Other consolidated entities’ provision for general allowance for credit losses - Amortization of goodwill - Inter-company transactions
(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(50,947	)		(59,122	)		8,174

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2016 (A)			December 31, 2015 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,714,385			1,776,724			(62,338	)
Gross profits before credit costs for trust accounts		1,714,385			1,776,724			(62,339	)
Net interest income		939,711			1,027,967			(88,256	)
Trust fees		72,103			65,370			6,733
Credit costs for trust accounts (1)		0			0			0
Net fees and commissions		414,648			426,658			(12,010	)
Net trading profits		69,721			96,047			(26,326	)
Net other operating profits		218,200			160,679			57,520
Net gains (losses) on debt securities		118,420			86,596			31,824
General and administrative expenses		1,011,099			996,023			15,075
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		703,286			780,699			(77,413	)
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits		703,286			780,700			(77,414	)
Net non-recurring gains (losses)		44,630			86,029			(41,399	)
Credit costs (3)		(78,711	)		(67,951	)		(10,760	)
Losses on loan write-offs		(26,715	)		(26,930	)		215
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(51,996	)		(41,021	)		(10,975	)
Reversal of allowance for credit losses (4)		88,636			80,827			7,808
Reversal of reserve for contingent losses included in credit costs (5)		189			226			(36	)
Gains on loans written-off (6)		15,716			13,262			2,454
Net gains (losses) on equity securities		86,242			56,336			29,906
Gains on sales of equity securities		126,211			77,138			49,072
Losses on sales of equity securities		(38,378	)		(12,396	)		(25,981	)
Losses on write-down of equity securities		(1,589	)		(8,404	)		6,814
Other non-recurring gains (losses)		(67,443	)		3,328			(70,771	)

Ordinary profits		747,916			866,730			(118,813	)

Net extraordinary gains (losses)		(4,489	)		14,385			(18,875	)
Income before income taxes		743,427			881,116			(137,689	)
Income taxes-current		170,186			198,406			(28,219	)
Income taxes-deferred		12,510			70,348			(57,838	)
Total taxes		182,697			268,754			(86,057	)

Net income		560,729			612,361			(51,631	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		25,830			26,364			(533	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2016 (A)			December 31, 2015 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,418,982			1,507,419			(88,436	)
Net interest income		816,497			890,660			(74,162	)
Net fees and commissions		340,895			356,383			(15,487	)
Net trading profits		68,570			77,291			(8,720	)
Net other operating profits		193,019			183,085			9,933
Net gains (losses) on debt securities		100,133			89,386			10,746
General and administrative expenses		860,307			857,572			2,734
Amortization of goodwill		275			224			51
Net operating profits before provision for general allowance for credit losses and amortization of goodwill		558,950			650,071			(91,120	)
Net operating profits before provision for general allowance for credit losses		558,675			649,846			(91,171	)
Provision for general allowance for credit losses (1)		—			—			—
Net operating profits		558,675			649,846			(91,171	)
Net non-recurring gains (losses)		35,337			78,908			(43,570	)
Credit costs (2)		(78,443	)		(67,821	)		(10,621	)
Losses on loan write-offs		(26,375	)		(26,800	)		425
Provision for specific allowance for credit losses		—			—			—
Other credit costs		(52,068	)		(41,021	)		(11,047	)
Reversal of allowance for credit losses (3)		87,869			79,610			8,259
Reversal of reserve for contingent losses included in credit costs (4)		—			—			—
Gains on loans written-off (5)		15,269			13,018			2,251
Net gains (losses) on equity securities		71,820			52,221			19,598
Gains on sales of equity securities		110,382			68,856			41,526
Losses on sales of equity securities		(37,201	)		(9,285	)		(27,916	)
Losses on write-down of equity securities		(1,361	)		(7,349	)		5,988
Other non-recurring gains (losses)		(61,177	)		1,880			(63,057	)

Ordinary profits		594,013			728,755			(134,742	)

Net extraordinary gains (losses)		1,165			15,036			(13,871	)
Income before income taxes		595,178			743,791			(148,613	)
Income taxes-current		134,317			167,637			(33,320	)
Income taxes-deferred		10,268			60,452			(50,184	)
Total taxes		144,585			228,090			(83,504	)

Net income		450,592			515,701			(65,109	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		24,695			24,806			(111	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2016 (A)			December 31, 2015 (B)			Increase (Decrease) (A) - (B)
Gross profits		295,402			269,304			26,097
Gross profits before credit costs for trust accounts		295,402			269,304			26,097
Trust fees		72,103			65,370			6,733
Credit costs for trust accounts (1)		0			0			0
Net interest income		123,213			137,307			(14,094	)
Net fees and commissions		73,753			70,275			3,477
Net trading profits		1,150			18,756			(17,605	)
Net other operating profits		25,180			(22,405	)		47,586
Net gains (losses) on debt securities		18,287			(2,790	)		21,077
General and administrative expenses		150,791			138,450			12,340
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		144,611			130,853			13,757
Provision for general allowance for credit losses (2)		—			—			—
Net operating profits		144,611			130,854			13,757
Net non-recurring gains (losses)		9,292			7,121			2,171
Credit costs (3)		(268	)		(129	)		(138	)
Losses on loan write-offs		(339	)		(129	)		(209	)
Provision for specific allowance for credit losses		—			—			—
Other credit costs		71			(0	)		71
Reversal of allowance for credit losses (4)		767			1,217			(450	)
Reversal of reserve for contingent losses included in credit costs (5)		189			226			(36	)
Gains on loans written-off (6)		447			244			202
Net gains (losses) on equity securities		14,422			4,114			10,307
Gains on sales of equity securities		15,828			8,281			7,546
Losses on sales of equity securities		(1,177	)		(3,111	)		1,934
Losses on write-down of equity securities		(228	)		(1,055	)		826
Other non-recurring gains (losses)		(6,265	)		1,448			(7,714	)

Ordinary profits		153,903			137,975			15,928

Net extraordinary gains (losses)		(5,655	)		(650	)		(5,004	)
Income before income taxes		148,248			137,324			10,924
Income taxes-current		35,869			30,768			5,100
Income taxes-deferred		2,241			9,895			(7,653	)
Total taxes		38,111			40,664			(2,553	)

Net income		110,137			96,660			13,477


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		1,135			1,557			(422	)

Mitsubishi UFJ Financial Group, Inc.

2. Non Performing Loans Based on the Financial Reconstruction Law

BTMU and MUTB Combined including Trust Account


	(in millions of yen)
	As of December 31, 2016			As of March 31, 2016
Bankrupt or De facto Bankrupt		123,387			118,819
Doubtful		473,723			846,495
Special Attention		568,930			341,635

Non Performing Loans		1,166,042			1,306,950

Total loans		108,154,042			109,316,859

Non Performing Loans / Total loans		1.07	%		1.19	%

BTMU Non-consolidated
	(in millions of yen)
	As of December 31, 2016			As of March 31, 2016
Bankrupt or De facto Bankrupt		121,537			116,853
Doubtful		464,961			815,231
Special Attention		538,729			331,026

Non Performing Loans		1,125,229			1,263,111

Total loans		93,651,038			95,633,552

Non Performing Loans / Total loans		1.20	%		1.32	%

MUTB Non-consolidated
	(in millions of yen)
	As of December 31, 2016			As of March 31, 2016
Bankrupt or De facto Bankrupt		1,846			1,954
Doubtful		8,658			31,159
Special Attention		30,044			10,101

Non Performing Loans		40,549			43,215

Total loans		14,483,630			13,660,195

Non Performing Loans / Total loans		0.27	%		0.31	%

MUTB Non-consolidated: Trust Account
	(in millions of yen)
	As of December 31, 2016			As of March 31, 2016
Bankrupt or De facto Bankrupt		3			11
Doubtful		103			104
Special Attention		156			507

Non Performing Loans		263			623

Total loans		19,373			23,111

Non Performing Loans / Total loans		1.36	%		2.69	%

Mitsubishi UFJ Financial Group, Inc.

3. Securities

MUFG Consolidated

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

(in millions of yen)

As of December 31, 2016

As of March 31, 2016

Amount on
consolidated
balance sheet

Differences

Amount on
consolidated
balance sheet

Differences

Debt securities being held to maturity

3,497,339

79,748

3,886,239

64,518

(in millions of yen)

As of December 31, 2016

As of March 31, 2016

Amount on
consolidated
balance sheet

Differences

Amount on
consolidated
balance sheet

Differences

Available-for-sale securities

53,241,680

3,194,545

65,518,480

3,485,297

Domestic equity securities

5,241,604

2,682,859

4,873,212

2,205,424

Domestic bonds

24,138,777

452,915

30,322,492

718,247

Other

23,861,297

58,769

30,322,776

561,624

Foreign equity securities

162,245

30,255

149,076

23,820

Foreign bonds

20,169,104

(26,396

)

26,650,433

510,987

Other

3,529,947

54,909

3,523,265

26,816

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

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

(in millions of yen)

As of December 31, 2016

As of March 31, 2016

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Debt securities being held to maturity

2,439,390

52,644

2,653,043

57,771

Stocks of subsidiaries and affiliates

932,607

2,563

843,460

(91,424

)

(in millions of yen)

As of December 31, 2016

As of March 31, 2016

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Available-for-sale securities

36,463,307

2,346,889

44,773,389

2,531,495

Domestic equity securities

4,244,163

2,059,578

3,943,763

1,661,719

Domestic bonds

19,751,951

404,856

23,353,550

619,996

Other

12,467,192

(117,545

)

17,476,076

249,779

Foreign equity securities

154,665

25,535

142,546

18,227

Foreign bonds

10,345,368

(111,416

)

15,024,229

279,857

Other

1,967,157

(31,664

)

2,309,300

(48,305

)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

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

(in millions of yen)

As of December 31, 2016

As of March 31, 2016

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Debt securities being held to maturity

—

Stocks of subsidiaries and affiliates

52,328

32,850

57,771

50,968

(in millions of yen)

As of December 31, 2016

As of March 31, 2016

Amount on
balance sheet

Differences

Amount on
balance sheet

Differences

Available-for-sale securities

13,648,630

763,377

17,108,424

873,305

Domestic equity securities

1,049,817

560,551

974,012

470,438

Domestic bonds

4,471,065

47,542

7,013,586

98,263

Other

8,127,746

155,283

9,120,825

304,604

Foreign equity securities

Foreign bonds

6,963,018

70,943

8,367,901

228,667

Other

1,164,668

84,306

752,872

75,910

Mitsubishi UFJ Financial Group, Inc.

4. ROE

MUFG Consolidated


	(%)
	For the nine months ended December 31, 2016		For the nine months ended December 31, 2015
ROE		8.45		9.16

Mitsubishi UFJ Financial Group, Inc.

5. Average Interest Rate Spread

BTMU and MUTB Combined

(Domestic business segment)


	(percentage per annum)
	For the nine months ended December 31, 2016		For the nine months ended December 31, 2015
Average interest rate on loans and bills discounted		0.81		0.89
Average interest rate on deposits and NCD		0.01		0.04
Interest rate spread		0.79		0.85

(After excluding loans to the Japanese government and governmental organizations)	(percentage per annum)
Average interest rate on loans and bills discounted		0.91		1.04
Interest rate spread		0.89		1.00
BTMU Non-consolidated (Domestic business segment)
	(percentage per annum)
	For the nine months ended December 31, 2016		For the nine months ended December 31, 2015
Average interest rate on loans and bills discounted		0.87		0.93
Average interest rate on deposits and NCD		0.00		0.03
Interest rate spread		0.86		0.90

(After excluding loans to the Japanese government and governmental organizations)	(percentage per annum)
Average interest rate on loans and bills discounted		0.98		1.12
Interest rate spread		0.97		1.09
MUTB Non-consolidated (Domestic business segment)
	(percentage per annum)
	For the nine months ended December 31, 2016		For the nine months ended December 31, 2015
Average interest rate on loans and bills discounted		0.51		0.67
Average interest rate on deposits and NCD		0.08		0.13
Interest rate spread		0.42		0.54

(After excluding loans to the Japanese government and governmental organizations)	(percentage per annum)
Average interest rate on loans and bills discounted		0.54		0.67
Interest rate spread		0.46		0.54

Mitsubishi UFJ Financial Group, Inc.

6. Loans and Deposits

BTMU and MUTB Combined


	(in millions of yen)
	As of December 31, 2016		As of March 31, 2016
Deposits (ending balance)		153,494,081		145,331,997
Deposits (average balance)		148,997,959		138,046,126
Loans (ending balance)		97,613,068		99,884,265
Loans (average balance)		98,456,475		97,177,782

	(in millions of yen)
	As of December 31, 2016		As of March 31, 2016
Domestic deposits (ending balance)*		130,139,357		123,850,947
Individuals		73,286,901		71,068,636

Note:

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

BTMU Non-consolidated


	(in millions of yen)
	As of December 31, 2016		As of March 31, 2016
Deposits (ending balance)		139,487,569		131,986,582
Deposits (average balance)		135,020,928		125,267,973
Loans (ending balance)		83,525,525		86,691,727
Loans (average balance)		84,958,608		84,450,867

	(in millions of yen)
	As of December 31, 2016		As of March 31, 2016
Domestic deposits (ending balance)*		117,655,053		111,911,283
Individuals		65,598,527		63,158,639

Note:

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

MUTB Non-consolidated


	(in millions of yen)
	As of December 31, 2016		As of March 31, 2016
Deposits (ending balance)		14,006,511		13,345,415
Deposits (average balance)		13,977,031		12,778,152
Loans (ending balance)		14,087,543		13,192,538
Loans (average balance)		13,497,867		12,726,915

	(in millions of yen)
	As of December 31, 2016		As of March 31, 2016
Domestic deposits (ending balance)*		12,484,303		11,939,663
Individuals		7,688,374		7,909,997

Note:

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

Mitsubishi UFJ Financial Group, Inc.

7. Statements of Trust Assets and Liabilities

MUTB Non-consolidated

Including trust assets under service-shared co-trusteeship


(in millions of yen)	As of March 31, 2016		As of December 31, 2016
Assets:
Loans and bills discounted		150,571		190,725
Securities		53,614,888		52,006,098
Beneficiary rights to the trust		53,719,802		55,529,490
Securities held in custody accounts		3,339,160		3,635,609
Monetary claims		9,369,779		13,343,154
Tangible fixed assets		11,636,006		12,259,964
Intangible fixed assets		193,150		196,834
Other claims		4,364,029		3,381,859
Call loans		103,070		532,855
Due from banking account		12,745,624		8,485,129
Cash and due from banks		4,474,306		5,407,876

Total		153,710,390		154,969,598

Liabilities:
Money trusts		20,470,160		19,968,962
Pension trusts		14,950,257		12,934,709
Property formation benefit trusts		8,033		7,381
Investment trusts		58,519,398		59,665,663
Money entrusted other than money trusts		3,463,944		3,345,084
Securities trusts		5,350,832		5,406,510
Monetary claim trusts		8,799,495		12,502,109
Equipment trusts		59,923		67,061
Land and fixtures trusts		65,884		65,795
Composite trusts		42,022,461		41,006,318

Total		153,710,390		154,969,598


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.