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 May 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FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.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: May 15, 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 fiscal year ended March 31, 2017

May 15, 2017


Company name:		Mitsubishi UFJ Financial Group, Inc.
Stock exchange listings:		Tokyo, Nagoya, New York
Code number:		8306
URL		http://www.mufg.jp/
Representative:		Nobuyuki Hirano, President & Group CEO
For inquiry:		Kazutaka Yoneda, General Manager - Financial Planning Division / Financial Accounting Office
		TEL (03) 3240-3110
General meeting of shareholders:		June 29, 2017
Dividend payment date:		June 30, 2017
Securities report issuing date:		June 29, 2017
Trading accounts:		Established
Supplemental information for financial statements:		Available
Investor meeting presentation:		Scheduled (for investors and analysts)

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

1. Consolidated Financial Data for the Fiscal Year ended March 31, 2017

(1)	Results of Operations


	(% represents the change from the previous fiscal year)
	Ordinary Income				Ordinary Profits					Profits Attributable to Owners of Parent
	million yen		%		million yen		%			million yen		%
Fiscal year ended
March 31, 2017		5,979,568		4.6		1,360,767		(11.6	)		926,440		(2.6	)
March 31, 2016		5,714,419		1.3		1,539,486		(10.1	)		951,402		(8.0	)

(*)	Comprehensive income

March 31, 2017: 330,609 million yen (46.7)% ; March 31, 2016: 620,662 million yen (82.0)%


	Basic earnings per share		Diluted earnings per share		Net Income to Net Assets Attributable to MUFG shareholders		Ordinary Profits to Total Assets		Ordinary Profits to Ordinary Income
	yen		yen		%		%		%
Fiscal year ended
March 31, 2017		68.28		68.00		6.0		0.5		22.8
March 31, 2016		68.51		68.17		6.2		0.5		26.9

(Reference) Income from investment in affiliates (Equity method)

March 31, 2017: 244,453 million yen; March 31, 2016: 230,415 million yen

(2)	Financial Conditions


	Total Assets		Total Net Assets		Equity-to-asset ratio (*)		Total Net Assets per Common Stock
	million yen		million yen		%		yen
As of
March 31, 2017		303,297,433		16,658,394		5.0		1,137.78
March 31, 2016		298,302,898		17,386,769		5.2		1,121.07

(Reference) Shareholders’ equity as of March 31, 2017: 15,280,268 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

(3)	Cash Flows


	Cash Flows from Operating Activities		Cash Flows from Investing Activities		Cash Flows from Financing Activities			Cash and Cash Equivalents at the end of the period
	million yen		million yen		million yen			million yen
Fiscal year ended
March 31, 2017		7,013,064		8,907,549		(670,592	)		33,968,391
March 31, 2016		6,754,428		2,240,209		(105,602	)		18,763,856

2. Dividends on Common Stock


	Dividends per Share										Total dividends		Dividend payout ratio (Consolidated)		Dividend on net assets ratio (Consolidated)
	1st quarter-end		2nd quarter-end		3rd quarter-end		Fiscal year-end		Total		Total dividends		Dividend payout ratio (Consolidated)		Dividend on net assets ratio (Consolidated)
	yen		yen		yen		yen		yen		million yen		%		%
Fiscal year
ended March 31, 2016		—		9.00		—		9.00		18.00		249,329		26.3		1.6
ended March 31, 2017		—		9.00		—		9.00		18.00		243,600		26.4		1.6
ending March 31, 2018 (Forecast)		—		9.00		—		9.00		18.00		——		25.4		——

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

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

MUFG has set an earnings target of 950.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2018.

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

ø Notes

(1)	Changes in significant subsidiaries during the period (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)	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

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


(A) Total stocks outstanding including treasury stocks:	March 31, 2017	14,168,853,820 shares
	March 31, 2016	14,168,853,820 shares
(B) Treasury stocks:	March 31, 2017	738,910,028 shares
	March 31, 2016	380,255,157 shares
(C) Average outstanding stocks:	Fiscal year ended March 31, 2017	13,568,693,838 shares
	Fiscal year ended March 31, 2016	13,886,503,497 shares

(Reference) Summary of non-consolidated financial data

1. Non-consolidated Financial Data for the Fiscal Year ended March 31, 2017

(1) Results of Operations


	( % represents the change from the previous fiscal year)
	Operating Income				Operating Profits				Ordinary Profits					Net Income
	million yen		%		million yen		%		million yen		%			million yen		%
Fiscal year ended
March 31, 2017		625,582		6.3		599,357		6.1		575,084		5.9			577,656		5.8
March 31, 2016		588,340		0.4		564,684		0.1		543,069		(1.6	)		545,738		(1.4	)

	Basic earnings per share				Diluted earnings per share
	yen				yen
Fiscal year ended
March 31, 2017		42.57				42.53
March 31, 2016		39.29				39.24
(2) Financial Conditions
	Total Assets				Total Net Assets				Equity-to-asset ratio					Total Net Assets per Common Stock
	million yen				million yen				%					yen
As of
March 31, 2017		13,969,770				8,592,679				61.5					639.70
March 31, 2016		12,043,230				8,482,329				70.4					614.47


(Reference) Shareholders’ equity as of March 31, 2017: 8,592,288 million yen ; March 31, 2016: 8,474,069 million yen

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

*Notes for using forecasted information etc.

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

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

Mitsubishi UFJ Financial Group, Inc.

(Appendix)

Contents of Appendix


1. Results of Operations and Financial Condition			2
(1) Analysis of results of operations			2
(2) Analysis of financial condition			3
2. Basic Views on Selection of Accounting Standards			4
3. Consolidated Financial Statements and Notes			5
(1) Consolidated Balance Sheets			5
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income			7
(3) Consolidated Statements of Changes in Net Assets			10
(4) Consolidated Statements of Cash Flows			12
Notes to the Consolidated Financial Statements			14
Notes on Going-Concern Assumption
Segment Information
Per Share Information

Supplemental Information:

“Selected Financial Information under Japanese GAAP For the fiscal year ended March 31, 2017”

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


Internet Conference:		May 15, 2017 (Monday)
Explanation for investors and analysts:		May 19, 2017 (Friday)

Mitsubishi UFJ Financial Group, Inc.

1. Results of Operations and Financial Condition

(1) Analysis of results of operations

(Results of operations for the fiscal year ended March 31, 2017)

An overview of the financial and economic environment for fiscal year 2016 shows the global economy generally maintained a moderate recovery, particularly in developed countries. This was despite deep uncertainties arising from China’s structural adjustment, as well as fluctuations in international financial markets due to key events such as the UK’s vote to leave the EU and the advent of the new US administration. The US economy continued its self-sustained recovery, driven mainly by domestic demand, which was supported by improved employment conditions. However, the recovery in production and capital investment was a little slow in the corporate sector. In Europe, domestic demand continued to pick up, supported by improved employment conditions and low interest rates, despite an increase in uncertainty stemming from the UK’s vote to leave the EU and NPL problems in Southern European countries. On the whole, the Asian economy was solid, particularly in ASEAN (Association of Southeast Asian Nations). However, each country’s exports were pushed down by the economic slowdown in China, which has been undergoing structural adjustment. Under such circumstances, Japan’s economy maintained a moderate recovery throughout the fiscal year, yet some areas experienced a delay in improvement. Private consumption continued to grow, albeit slowly, on the back of an increase in employment and wages; meanwhile, residential investment also remained strong. Capital expenditure continued to increase gradually, underpinned by an upturn in exports and production, although it was held back temporarily by a slowdown in corporate earnings growth caused by yen appreciation in the first half of the fiscal year. Public demand was almost flat.

Turning now to financial conditions, there were large fluctuations in foreign exchange rates and stock prices in Japan. During the first half of fiscal year 2016, the Japanese yen continued to appreciate against the US dollar and Japan’s stock market was weak against a backdrop of uncertainties surrounding the global economy. However, after the US presidential election, the Japanese yen depreciated sharply and stock prices surged due to high expectations brought about by the new administration. Towards the end of the fiscal year, the Japanese yen appreciated again. As for interest rates, the US Federal Reserve raised interest rates in December and March; whereas the Bank of England reduced interest rates in August after the national referendum and the European Central Bank retained its monetary easing policy. Additionally, the Bank of Japan maintained its aggressive monetary easing stance with the introduction of “Quantitative and Qualitative Monetary Easing with Yield Curve Control” in September, resulting in continued, low, long-term interest rates.

Under such business environment, consolidated gross profits for the fiscal year ended March 31, 2017 decreased 131.3 billion yen from the previous fiscal year to 4,011.8 billion yen. This was mainly due to a decrease in the translated JPY value by the appreciation of JPY against other currencies, a decrease in net interest income from domestic loans and deposits, reflecting lower interest rates in domestic market, as well as decreases in fee income from sale of investment products and net gains on debt securities. Those were partially offset by increases in fee and net interest income in overseas. General and administrative (G&A) expenses for the fiscal year ended March 31, 2017 was 2,593.5 billion yen, almost unchanged from the previous fiscal year, partially due to the appreciation of JPY against other currencies. As a result, net operating profits decreased 139.6 billion yen from the previous fiscal year to 1,418.2 billion yen.

Mitsubishi UFJ Financial Group, Inc.

Total credit costs for the fiscal year ended March 31, 2017 decreased 99.7 billion yen from the previous fiscal year, mainly due to a decrease in provision for allowance for credit losses. Net gains on equity securities increased 36.6 billion yen from the previous fiscal year, driven by a progress in sales of equity holdings. Other non-recurring losses increased 189.4 billion yen from the previous fiscal year, mainly due to increases in provision for repayment of excess interest of credit card/loan businesses, and expenses for defined benefit plans.

As a result, ordinary profits for the fiscal year ended March 31, 2017 were 1,360.7 billion yen, a decrease of 178.7 billion yen from the previous fiscal year, and profits attributable to owners of parent for the fiscal year ended March 31, 2017 was 926.4 billion yen, a decrease of 24.9 billion yen from the previous fiscal year.


(in billions of Japanese yen)	For the fiscal year ended March 31, 2017			For the fiscal year ended March 31, 2016			Increase (Decrease)
Gross profits before credit costs for trust accounts		4,011.8			4,143.2			(131.3	)
General and administrative expenses		2,593.5			2,585.2			8.2
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		1,418.2			1,557.9			(139.6	)
Total credit costs		(155.3	)		(255.1	)		99.7
Net gains (losses) on equity securities		124.9			88.3			36.6
Profits (losses) from investments in affiliates		244.4			230.4			14.0
Other non-recurring gains (losses)		(271.4	)		(82.0	)		(189.4	)
Ordinary profits		1,360.7			1,539.4			(178.7	)
Net extraordinary gains (losses)		(57.5	)		(40.7	)		(16.8	)
Total taxes		342.1			460.2			(118.0	)
Profits attributable to non-controlling interests		34.6			87.1			(52.5	)
Profits attributable to owners of parent		926.4			951.4			(24.9	)

(2) Analysis of financial condition

Total assets as of March 31, 2017 increased 4,994.5 billion yen from March 31, 2016 to 303,297.4 billion yen, and total net assets as of March 31, 2017 decreased 728.3 billion yen from March 31, 2016 to 16,658.3 billion yen. The decrease in total net assets was mainly due to decreases in net unrealized gains on available-for-sale securities and foreign currency translation adjustments, and share repurchases.

With regard to major items of assets, loans and bills discounted as of March 31, 2017 decreased 4,751.0 billion yen from March 31, 2016 to 109,005.2 billion yen and securities as of March 31, 2017 decreased 10,554.9 billion yen from March 31, 2016 to 59,438.8 billion yen. With regard to major items of liabilities, deposits as of March 31, 2017 increased 9,765.1 billion yen from March 31, 2016 to 170,730.2 billion yen.

Mitsubishi UFJ Financial Group, Inc.

2. Basic Views on Selection of Accounting Standards

MUFG group, currently adopting Japanese GAAP, is preparing for its future adoption of IFRS by considering the development of its infrastructures and organizations within the group, and the timing of adoption.

Mitsubishi UFJ Financial Group, Inc.

3. Consolidated Financial Statements and Notes

(1) Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2016			As of March 31, 2017
Assets:
Cash and due from banks		49,158,293			63,525,940
Call loans and bills bought		660,015			649,147
Receivables under resale agreements		7,466,633			8,066,973
Receivables under securities borrowing transactions		6,041,983			11,002,723
Monetary claims bought		4,733,393			4,707,868
Trading assets		20,460,863			21,046,367
Money held in trust		679,678			806,881
Securities		69,993,869			59,438,897
Loans and bills discounted		113,756,325			109,005,231
Foreign exchanges		1,792,888			2,083,530
Other assets		12,255,764			11,554,699
Tangible fixed assets		1,362,044			1,358,905
Buildings		349,761			341,131
Land		730,130			720,132
Lease assets		10,856			10,164
Construction in progress		38,494			46,373
Other tangible fixed assets		232,801			241,104
Intangible fixed assets		1,254,727			1,257,876
Software		570,884			567,753
Goodwill		278,628			267,389
Lease assets		648			446
Other intangible fixed assets		404,566			422,287
Net defined benefit assets		377,955			601,377
Deferred tax assets		125,739			126,231
Customers’ liabilities for acceptances and guarantees		9,240,310			9,022,130
Allowance for credit losses		(1,057,585	)		(957,350	)

Total assets		298,302,898			303,297,433

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2016			As of March 31, 2017
Liabilities:
Deposits		160,965,056			170,730,221
Negotiable certificates of deposit		11,591,578			11,341,571
Call money and bills sold		1,360,238			1,973,569
Payables under repurchase agreements		23,515,240			17,636,962
Payables under securities lending transactions		4,710,407			5,538,739
Commercial papers		2,292,282			2,307,222
Trading liabilities		17,251,302			17,700,617
Borrowed money		12,482,277			16,971,085
Foreign exchanges		2,054,937			1,970,980
Short-term bonds payable		752,492			847,999
Bonds payable		9,190,542			9,893,687
Due to trust accounts		13,296,033			9,893,881
Other liabilities		10,834,564			9,382,992
Reserve for bonuses		90,219			81,012
Reserve for bonuses to directors		396			598
Reserve for stocks payment		—			10,400
Net defined benefit liabilities		62,791			59,045
Reserve for retirement benefits to directors		1,113			1,128
Reserve for loyalty award credits		15,971			16,689
Reserve for contingent losses		210,087			384,868
Reserves under special laws		4,232			4,075
Deferred tax liabilities		866,815			745,073
Deferred tax liabilities for land revaluation		127,237			124,483
Acceptances and guarantees		9,240,310			9,022,130

Total liabilities		280,916,129			286,639,039

Net assets:
Capital stock		2,141,513			2,141,513
Capital surplus		1,425,637			1,412,087
Retained earnings		8,587,578			9,278,546
Treasury stock		(298,922	)		(513,260	)

Total shareholders’ equity		11,855,806			12,318,885

Net unrealized gains (losses) on available-for-sale securities		2,486,627			2,184,597
Net deferred gains (losses) on hedging instruments		337,297			125,684
Land revaluation excess		176,364			173,723
Foreign currency translation adjustments		791,401			558,339
Remeasurements of defined benefit plans		(189,526	)		(65,098	)
Debt value adjustments of foreign subsidiaries and affiliates		—			(15,863	)

Total accumulated other comprehensive income		3,602,163			2,961,382

Subscription rights to shares		8,260			407
Non-controlling interests		1,920,538			1,377,719

Total net assets		17,386,769			16,658,394

Total liabilities and net assets		298,302,898			303,297,433

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 fiscal year ended March 31, 2016		For the fiscal year ended March 31, 2017
Ordinary income		5,714,419		5,979,568
Interest income		2,769,248		2,888,134
Interest on loans and bills discounted		1,812,133		1,862,089
Interest and dividends on securities		628,882		675,434
Interest on call loans and bills bought		9,887		10,523
Interest on receivables under resale agreements		41,818		46,831
Interest on receivables under securities borrowing transactions		6,520		6,246
Interest on deposits		79,087		79,746
Other interest income		190,919		207,261
Trust fees		117,046		122,050
Fees and commissions		1,536,719		1,531,974
Trading income		306,354		292,761
Other operating income		469,265		575,937
Other ordinary income		515,784		568,709
Gains on loans written-off		60,645		64,487
Others		455,138		504,221
Ordinary expenses		4,174,932		4,618,801
Interest expenses		655,735		863,677
Interest on deposits		292,909		296,574
Interest on negotiable certificates of deposit		48,093		65,008
Interest on call money and bills sold		8,204		2,043
Interest on payables under repurchase agreements		48,263		81,400
Interest on payables under securities lending transactions		7,449		2,104
Interest on commercial papers		6,347		15,172
Interest on borrowed money		46,856		34,140
Interest on short-term bonds payable		749		22
Interest on bonds payable		142,728		171,514
Other interest expenses		54,133		195,695
Fees and commissions		216,165		203,484
Trading expenses		—		2,725
Other operating expenses		183,583		329,193
General and administrative expenses		2,602,450		2,663,503
Other ordinary expenses		516,997		556,217
Provision for allowance for credit losses		132,691		30,342
Others		384,305		525,875

Ordinary profits		1,539,486		1,360,767

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the fiscal year ended March 31, 2016		For the fiscal year ended March 31, 2017
Extraordinary gains		21,316		17,620
Gains on disposition of fixed assets		21,316		17,463
Reversal of reserve for contingent liabilities from financial instruments transactions		—		156
Extraordinary losses		62,033		75,159
Losses on disposition of fixed assets		12,144		9,263
Losses on impairment of fixed assets		13,415		10,162
Provision for reserve for contingent liabilities from financial instruments transactions		460		—
Losses on change in equity		36,013		45,654
Losses on liquidation of equity securities of subsidiaries		—		5,313
Losses on exchange of shares of affiliates		—		4,538
Losses on sales of equity securities of subsidiaries		—		226

Profits before income taxes		1,498,769		1,303,228

Income taxes-current		424,814		319,060
Income taxes-deferred		35,389		23,116

Total taxes		460,204		342,177

Profits		1,038,565		961,050

Profits attributable to non-controlling interests		87,162		34,609

Profits attributable to owners of parent		951,402		926,440

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the fiscal year ended March 31, 2016			For the fiscal year ended March 31, 2017
Profits		1,038,565			961,050
Other comprehensive income
Net unrealized gains (losses) on available-for-sale securities		(346,220	)		(278,689	)
Net deferred gains (losses) on hedging instruments		252,671			(212,449	)
Land revaluation excess		7,055			(21	)
Foreign currency translation adjustments		(214,273	)		(145,331	)
Remeasurements of defined benefit plans		(141,896	)		134,560
Share of other comprehensive income of associates accounted for using equity method		24,759			(128,510	)

Total other comprehensive income		(417,903	)		(630,441	)

Comprehensive income		620,662			330,609

(Comprehensive income attributable to)
Comprehensive income attributable to owners of the parent		556,163			303,054
Comprehensive income attributable to non-controlling interests		64,498			27,554

Mitsubishi UFJ Financial Group, Inc.

(3) Consolidated Statements of Changes in Net Assets

For the fiscal year ended March 31, 2016


	(in millions of yen)
	Shareholders’ equity														Accumulated other comprehensive income
	Capital stock		Capital surplus			Retained earnings			Treasury stock			Total shareholders’ equity			Net unrealized gains (losses) on available- for-sale securities			Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		2,141,513		1,428,403			7,860,410			(101,661	)		11,328,666			2,835,091			83,194
Changes during the period
Cash dividends							(251,392	)					(251,392	)
Profits attributable to owners of parent							951,402						951,402
Repurchase of treasury stock										(200,077	)		(200,077	)
Disposal of treasury stock				(1,182	)					2,815			1,633
Reversal of land revaluation excess							3,042						3,042
Changes of application of equity method							24,394						24,394
Changes in subsidiaries’ equity				(1,584	)								(1,584	)
Changes in foreign affiliates’ interests in their subsidiaries							(278	)					(278	)
Net changes of items other than shareholders’ equity																(348,464	)		254,103

Total changes during the period		—		(2,766	)		727,168			(197,261	)		527,140			(348,464	)		254,103

Balance at the end of the period		2,141,513		1,425,637			8,587,578			(298,922	)		11,855,806			2,486,627			337,297


	(in millions of yen)
	Accumulated other comprehensive income											Subscription rights to shares			Non- controlling interests			Total net assets
	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
Cash dividends																			(251,392	)
Profits attributable to owners of parent																			951,402
Repurchase of treasury stock																			(200,077	)
Disposal of treasury stock																			1,633
Reversal of land revaluation excess																			3,042
Changes of application of equity method																			24,394
Changes in subsidiaries’ equity																			(1,584	)
Changes in foreign affiliates’ interests in their subsidiaries																			(278	)
Net changes of items other than shareholders’ equity		4,013		(160,146	)		(136,616	)		(387,110	)		(10	)		(40,783	)		(427,904	)

Total changes during the period		4,013		(160,146	)		(136,616	)		(387,110	)		(10	)		(40,783	)		99,236

Balance at the end of the period		176,364		791,401			(189,526	)		3,602,163			8,260			1,920,538			17,386,769

Mitsubishi UFJ Financial Group, Inc.

For the fiscal year ended March 31, 2017


	(in millions of yen)
	Shareholders’ equity														Accumulated other comprehensive income
	Capital stock		Capital surplus			Retained earnings			Treasury stock			Total shareholders’ equity			Net unrealized gains (losses) on available- for-sale securities			Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		2,141,513		1,425,637			8,587,578			(298,922	)		11,855,806			2,486,627			337,297
Cumulative effects due to revision of accounting standards for foreign subsidiaries and affiliates							8,464						8,464
Restated balance		2,141,513		1,425,637			8,596,043			(298,922	)		11,864,271			2,486,627			337,297
Changes during the period
Cash dividends							(246,557	)					(246,557	)
Profits attributable to owners of parent							926,440						926,440
Repurchase of treasury stock										(217,688	)		(217,688	)
Disposal of treasury stock				(936	)					3,350			2,414
Reversal of land revaluation excess							2,619						2,619
Changes in subsidiaries’ equity				(12,614	)								(12,614	)
Net changes of items other than shareholders’ equity																(302,029	)		(211,612	)

Total changes during the period		—		(13,550	)		682,503			(214,337	)		454,614			(302,029	)		(211,612	)

Balance at the end of the period		2,141,513		1,412,087			9,278,546			(513,260	)		12,318,885			2,184,597			125,684



	(in millions of yen)
	Accumulated other comprehensive income
	Land revaluation excess			Foreign currency translation adjustments			Remeasurements of defined benefit plans			Debt value adjustments of foreign subsidiaries and affiliates			Total accumulated other comprehensive income			Subscription rights to shares			Non- controlling interests			Total net assets
Balance at the beginning of the period		176,364			791,401			(189,526	)		—			3,602,163			8,260			1,920,538			17,386,769
Cumulative effects due to revision of accounting standards for foreign subsidiaries and affiliates											(8,464	)		(8,464	)								—
Restated balance		176,364			791,401			(189,526	)		(8,464	)		3,593,699			8,260			1,920,538			17,386,769
Changes during the period
Cash dividends																							(246,557	)
Profits attributable to owners of parent																							926,440
Repurchase of treasury stock																							(217,688	)
Disposal of treasury stock																							2,414
Reversal of land revaluation excess																							2,619
Changes in subsidiaries’ equity																							(12,614	)
Net changes of items other than shareholders’ equity		(2,641	)		(233,062	)		124,427			(7,399	)		(632,317	)		(7,853	)		(542,819	)		(1,182,989	)

Total changes during the period		(2,641	)		(233,062	)		124,427			(7,399	)		(632,317	)		(7,853	)		(542,819	)		(728,375	)

Balance at the end of the period		173,723			558,339			(65,098	)		(15,863	)		2,961,382			407			1,377,719			16,658,394

Mitsubishi UFJ Financial Group, Inc.

(4) Consolidated Statements of Cash Flows


	For the fiscal year			For the fiscal year
	ended			ended
(in millions of yen)	March 31, 2016			March 31, 2017
Cash flows from operating activities:
Profits before income taxes		1,498,769			1,303,228
Depreciation and amortization		298,527			316,411
Impairment losses		13,415			10,162
Amortization of goodwill		16,931			16,737
Equity in losses (gains) of equity method investees		(230,415	)		(244,453	)
Increase (decrease) in allowance for credit losses		71,084			(92,783	)
Increase (decrease) in reserve for bonuses		955			(285	)
Increase (decrease) in reserve for bonuses to directors		(58	)		202
Increase (decrease) in reserve for stocks payment		—			10,400
Decrease (increase) in net defined benefit assets		(88,908	)		(92,720	)
Increase (decrease) in net defined benefit liabilities		(2,255	)		1,652
Increase (decrease) in reserve for retirement benefits to directors		27			14
Increase (decrease) in reserve for loyalty award credits		1,313			959
Increase (decrease) in reserve for contingent losses		5,572			175,716
Interest income recognized on statement of income		(2,769,248	)		(2,888,134	)
Interest expenses recognized on statement of income		655,735			863,677
Losses (gains) on securities		(221,235	)		(181,811	)
Losses (gains) on money held in trust		(10,689	)		8,771
Foreign exchange losses (gains)		1,439,205			459,763
Losses (gains) on sales of fixed assets		(9,171	)		(8,200	)
Net decrease (increase) in trading assets		49,544			(1,737,675	)
Net increase (decrease) in trading liabilities		1,980,093			1,448,201
Net decrease (increase) in unsettled trading accounts		(821,034	)		(50,814	)
Net decrease (increase) in loans and bills discounted		(4,990,628	)		4,065,265
Net increase (decrease) in deposits		7,888,704			10,427,476
Net increase (decrease) in negotiable certificates of deposit		(4,482,406	)		(242,013	)
Net increase (decrease) in borrowed money (excluding subordinated borrowings)		(1,362,550	)		4,551,643
Net decrease (increase) in due from banks (excluding cash equivalents)		80,699			802,579
Net decrease (increase) in call loans and bills bought and others		(633,599	)		(1,413,158	)
Net decrease (increase) in receivables under securities borrowing transactions		(1,438,094	)		(5,203,785	)
Net increase (decrease) in call money and bills sold and others		(435,883	)		(3,999,428	)
Net increase (decrease) in commercial papers		119,203			33,847
Net increase (decrease) in payables under securities lending transactions		(3,446,893	)		850,842
Net decrease (increase) in foreign exchanges (assets)		380,193			(302,389	)
Net increase (decrease) in foreign exchanges (liabilities)		544,080			(81,641	)
Net increase (decrease) in short-term bonds payable		(37,019	)		95,507
Net increase (decrease) in issuance and redemption of unsubordinated bonds payable		649,951			422,720
Net increase (decrease) in due to trust accounts		10,112,737			(3,402,151	)
Interest income (cash basis)		2,897,378			3,023,722
Interest expenses (cash basis)		(654,026	)		(847,418	)
Others		175,151			(684,097	)

Sub-total		7,245,155			7,416,541

Income taxes		(537,036	)		(427,841	)
Refund of income taxes		46,308			24,364

Net cash provided by (used in) operating activities		6,754,428			7,013,064

Mitsubishi UFJ Financial Group, Inc.


	For the fiscal year			For the fiscal year
	ended			ended
(in millions of yen)	March 31, 2016			March 31, 2017
Cash flows from investing activities:
Purchases of securities		(86,422,400	)		(56,618,395	)
Proceeds from sales of securities		60,274,528			39,602,665
Proceeds from redemption of securities		28,452,434			26,428,256
Payments for increase in money held in trust		(641,740	)		(763,127	)
Proceeds from decrease in money held in trust		672,854			615,931
Purchases of tangible fixed assets		(116,931	)		(121,733	)
Purchases of intangible fixed assets		(231,615	)		(249,744	)
Proceeds from sales of tangible fixed assets		35,494			31,815
Proceeds from sales of intangible fixed assets		166			2,890
Payments for acquisition of subsidiaries’ equity affecting the scope of consolidation		—			(21,954	)
Proceeds from acquisition of subsidiaries’ equity affecting the scope of consolidation		218,639			—
Proceeds from sales of subsidiaries’ equity affecting the scope of consolidation		—			2,761
Others		(1,221	)		(1,815	)

Net cash provided by (used in) investing activities		2,240,209			8,907,549

Cash flows from financing activities:
Proceeds from subordinated borrowings		38,000			31,000
Repayments of subordinated borrowings redemption		(92,500	)		(50,592	)
Proceeds from issuance of subordinated bonds payable and bonds with warrants		793,218			837,401
Payments for redemption of subordinated bonds payable and bonds with warrants		(294,460	)		(476,943	)
Proceeds from issuance of common stock to non-controlling shareholders		1,081			1,195
Repayments to non-controlling shareholders		—			(854	)
Payments for redemption of preferred securities		—			(468,956	)
Dividends paid by MUFG		(251,497	)		(246,563	)
Dividends paid by subsidiaries to non-controlling shareholders		(94,825	)		(77,008	)
Purchases of treasury stock		(200,053	)		(217,666	)
Proceeds from sales of treasury stock		1			3
Payments for purchases of subsidiaries’ equity not affecting the scope of consolidation		(4,572	)		(1,612	)
Proceeds from sales of subsidiaries’ equity not affecting the scope of consolidation		—			0
Others		3			4

Net cash provided by (used in) financing activities		(105,602	)		(670,592	)

Effect of foreign exchange rate changes on cash and cash equivalents		(115,214	)		(45,486	)

Net increase (decrease) in cash and cash equivalents		8,773,820			15,204,534

Cash and cash equivalents at the beginning of the period		9,990,035			18,763,856

Cash and cash equivalents at the end of the period		18,763,856			33,968,391

Mitsubishi UFJ Financial Group, Inc.

Notes to the Consolidated Financial Statements

(Notes on Going-Concern Assumption)

None.

(Segment Information)

1.	Information on net revenue and operating profit (loss) for each reporting segment

For the Fiscal Year Ended March 31, 2017


	(in millions of yen)
	Retail Banking Business Group		Corporate Banking Business Group		Global Business Group		Trust Assets Business Group		Total of Customer Business		Global Markets Business Group		Other			Total
Net revenue		1,198,285		1,041,648		1,303,663		173,116		3,538,965		582,011		(9,082	)		4,111,895
Operating expenses		972,999		598,434		821,205		112,204		2,348,126		212,899		155,116			2,716,142
Operating profit		225,286		443,213		482,458		60,911		1,190,839		369,112		(164,198	)		1,395,753

(Notes)

“Net revenue” in the above table is used in lieu of net sales generally used by Japanese non-financial companies.

“Net revenue” includes net interest income, trust fees, net fees and commissions, net trading profit, and net other operating profit.

“Operating expenses” includes personnel expenses and premise expenses.

Assets and liabilities of each reporting segment are not reported since MUFG does not allocate assets and liabilities among the segments for internal management purposes.

“Net revenue” and “Operating expenses” for each of the Corporate Banking Business Group and the Global Business Group include net revenue and operating expenses relating to overseas Japanese corporate transactions. The amounts relating to such transactions included in each of these reporting segments are as follows: ¥177,748 million of net revenue, ¥156,717 million of operating expenses and ¥21,030 million of operating profit. Adjustments have been made by deducting these amounts from the Total of Customer Business.

2.	Reconciliation of the total operating profit in each of the above tables to the ordinary profit in the consolidated statements of income for the corresponding twelve-month period


operating profit	For the twelve months ended March 31,2017
Total operating profit of reporting segments		1,395,753
Operating profit of consolidated subsidiaries excluded from reporting segments		43,789
Provision for general allowance for credit losses		(210,257	)
Credit related expenses		(9,606	)
Gains on collection of bad debts		64,487
Net gains on equity securities and other securities		124,940
Equity in earnings of equity method investees		244,453
Others		(292,791	)
Ordinary profit in the consolidated statements of income		1,360,767

(Notes) “Others” includes Provision for loss on interest repayment: (¥154,849) million

Mitsubishi UFJ Financial Group, Inc.

(Per Share Information)


	For the fiscal year ended March 31, 2017
Total equity per common share		¥1,137.77
Basic earnings per common share		¥68.27
Diluted earnings per common share		¥67.99

(Notes)

1.	The bases for the calculation of basic earnings per common share and diluted earnings per common share for the periods indicated were as follows:


		For the fiscal year ended March 31, 2017
Basic earnings per common share
Profits attributable to owners of parent	million yen	926,440
Profits not attributable to common shareholders	million yen	—
Profits attributable to owners of the parent related common shares	million yen	926,440
Average number of common shares during the period	thousand shares	13,568,693
Diluted earnings per common share
Adjustment to profits attributable to owners of the parent	million yen	(3,095)
Adjustment related to dilutive shares of consolidated subsidiaries and others	million yen	(3,095)
Increase in common share	thousand shares	9,993
Subscription rights to shares	thousand shares	9,993
Description of antidilutive securities which were not included in the calculation of diluted earnings per share		Share subscription rights issued by equity method affiliates: Morgan Stanley Stock options - 8 million units as of December, 2016

2.	The bases for the calculation of total equity per common share for the periods indicated were as follows:


		For the fiscal year ended March 31, 2017
Total equity	million yen	16,658,394
Deductions from total equity:	million yen	1,378,126
Subscription rights to shares	million yen	407
Non-controlling interests	million yen	1,377,719
Total equity attributable to common shares	million yen	15,280,268
Number of common shares at period end used for the calculation of total equity per common share	thousand shares	13,429,943

Selected Financial Information

under Japanese GAAP

For the fiscal year Ended March 31, 2017


Mitsubishi UFJ Financial Group, Inc.

Mitsubishi UFJ Financial Group, Inc.

[Contents]


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

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

15. Retirement Benefits	[ MUFG Consolidated] [BTMU Non-consolidated ][ MUTB Non-consolidated ]	34

(References)

2. Financial Statements	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]	37

(*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 fiscal year ended						Increase
	March 31, 2017 (A)			March 31, 2016 (B)			(Decrease) (A) - (B)
Gross profits		4,011,809			4,143,202			(131,393	)
Gross profits before credit costs for trust accounts		4,011,808			4,143,202			(131,393	)
Net interest income		2,024,487			2,113,564			(89,077	)
Trust fees		122,050			117,046			5,004
Credit costs for trust accounts (1)		0			0			(0	)
Net fees and commissions		1,328,490			1,320,554			7,936
Net trading profits		290,035			306,354			(16,318	)
Net other operating profits		246,744			285,682			(38,937	)
Net gains (losses) on debt securities		56,871			132,928			(76,057	)
General and administrative expenses		2,593,576			2,585,279			8,296
Amortization of goodwill		16,737			16,931			(193	)
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		1,434,969			1,574,853			(139,884	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		1,418,231			1,557,922			(139,690	)
Provision for general allowance for credit losses (2)		(210,257	)		175,712			(385,970	)
Net operating profits*		1,207,974			1,733,635			(525,660	)
Net non-recurring gains (losses)		152,793			(194,148	)		346,941
Credit costs (3)		(9,606	)		(491,503	)		481,897
Losses on loan write-offs		(136,423	)		(143,946	)		7,522
Provision for specific allowance for credit losses		181,550			(305,131	)		486,682
Other credit costs		(54,733	)		(42,425	)		(12,307	)
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		—			—			—
Gains on loans written-off (6)		64,487			60,645			3,842
Net gains (losses) on equity securities		124,940			88,306			36,633
Gains on sales of equity securities		171,875			145,347			26,527
Losses on sales of equity securities		(44,378	)		(31,656	)		(12,721	)
Losses on write-down of equity securities		(2,557	)		(25,384	)		22,827
Profits (losses) from investments in affiliates		244,453			230,415			14,037
Other non-recurring gains (losses)		(271,481	)		(82,012	)		(189,469	)

Ordinary profits		1,360,767			1,539,486			(178,719	)

Net extraordinary gains (losses)		(57,539	)		(40,717	)		(16,821	)
Net losses on change in equity		(45,654	)		(36,013	)		(9,641	)
Profits before income taxes		1,303,228			1,498,769			(195,541	)
Income taxes-current		319,060			424,814			(105,753	)
Income taxes-deferred		23,116			35,389			(12,272	)
Total taxes		342,177			460,204			(118,026	)
Profits		961,050			1,038,565			(77,514	)
Profits attributable to non-controlling interests		34,609			87,162			(52,552	)

Profits attributable to owners of parent		926,440			951,402			(24,961	)


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)		(155,376	)		(255,145	)		99,769

Number of consolidated subsidiaries		213			224			(11	)
Number of affiliated companies accounted for under the equity method		58			65			(7	)

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2017 (A)			March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,190,471			2,395,985			(205,514	)
Gross profits before credit costs for trust accounts		2,190,471			2,395,985			(205,514	)
Domestic gross profits		1,280,884			1,403,459			(122,575	)
Net interest income		684,142			785,955			(101,812	)
Trust fees		94,645			90,917			3,727
Credit costs for trust accounts (1)		—			—			—
Net fees and commissions		387,166			388,072			(905	)
Net trading profits		13,015			34,720			(21,705	)
Net other operating profits		101,914			103,793			(1,879	)
Net gains (losses) on debt securities		78,072			93,105			(15,032	)
Non-domestic gross profits		909,587			992,525			(82,938	)
Net interest income		537,616			540,512			(2,895	)
Net fees and commissions		206,762			214,689			(7,926	)
Net trading profits		96,227			123,133			(26,905	)
Net other operating profits		68,981			114,191			(45,210	)
Net gains (losses) on debt securities		(33,191	)		29,423			(62,615	)
General and administrative expenses		1,342,025			1,314,796			27,229
Personnel expenses		480,593			485,797			(5,203	)
Non-personnel expenses		785,425			756,043			29,381
Taxes		76,006			72,955			3,051
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		848,445			1,081,189			(232,743	)
Provision for general allowance for credit losses (2)		(32,040	)		208,285			(240,325	)
Net operating profits		816,405			1,289,474			(473,069	)
Net non-recurring gains (losses)		(19,711	)		(219,230	)		199,519
Credit costs (3)		(83,298	)		(332,201	)		248,903
Losses on loan write-offs		(36,428	)		(43,430	)		7,002
Provision for specific allowance for credit losses		8,430			(248,863	)		257,293
Other credit costs		(55,300	)		(39,907	)		(15,393	)
Reversal of allowance for credit losses (4)		45,784			—			45,784
Reversal of reserve for contingent losses included in credit costs (5)		607			36			570
Gains on loans written-off (6)		20,982			20,122			860
Net gains (losses) on equity securities		112,151			76,933			35,218
Gains on sales of equity securities		160,452			134,500			25,951
Losses on sales of equity securities		(46,665	)		(32,994	)		(13,671	)
Losses on write-down of equity securities		(1,635	)		(24,573	)		22,937
Other non-recurring gains (losses)		(115,938	)		15,879			(131,817	)

Ordinary profits		796,694			1,070,243			(273,549	)

Net extraordinary gains (losses)		(8,104	)		33,071			(41,175	)
Net gains (losses) on disposition of fixed assets		2,261			9,387			(7,125	)
Losses on impairment of fixed assets		(4,237	)		(11,100	)		6,862
Losses on liquidation of equity securities of subsidiaries		(7,941	)		—			(7,941	)
Dividends from foreign subsidiary due to the organizational restructuring		—			14,467			(14,467	)
Gains on sales of equity securities of subsidiaries		2,600			18,319			(15,718	)
Income before income taxes		788,589			1,103,314			(314,725	)
Income taxes-current		214,422			314,662			(100,239	)
Income taxes-deferred		(27,543	)		42,603			(70,147	)
Total taxes		186,878			357,266			(170,387	)

Net income		601,710			746,048			(144,337	)

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(47,964	)		(103,757	)		55,792

Mitsubishi UFJ Financial Group, Inc.

BTMU Consolidated


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2017 (A)			March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,771,308			2,932,824			(161,516	)
Net interest income		1,712,876			1,788,159			(75,283	)
Trust fees		13,865			13,150			714
Net fees and commissions		729,808			717,796			12,012
Net trading profits		106,750			135,629			(28,879	)
Net other operating profits		208,006			278,088			(70,081	)
Net gains (losses) on debt securities		44,866			116,010			(71,144	)
General and administrative expenses		1,743,554			1,743,302			252
Amortization of goodwill		15,498			15,943			(445	)
Net operating profits before provision for general allowance for credit losses and amortization of goodwill		1,043,252			1,205,466			(162,213	)
Net operating profits before provision for general allowance for credit losses		1,027,753			1,189,522			(161,768	)
Provision for general allowance for credit losses (1)		—			169,662			(169,662	)
Net operating profits*		1,027,753			1,359,184			(331,431	)
Net non-recurring gains (losses)		(35,698	)		(275,483	)		239,785
Credit costs (2)		(126,921	)		(413,323	)		286,401
Losses on loan write-offs		(71,520	)		(82,670	)		11,149
Provision for specific allowance for credit losses		—			(288,056	)		288,056
Other credit costs		(55,400	)		(42,597	)		(12,803	)
Reversal of allowance for credit losses (3)		11,034			—			11,034
Reversal of reserve for contingent losses included in credit costs (4)		—			—			—
Gains on loans written-off (5)		44,186			39,170			5,016
Net gains (losses) on equity securities		96,094			73,973			22,121
Gains on sales of equity securities		142,947			126,056			16,890
Losses on sales of equity securities		(44,792	)		(28,831	)		(15,961	)
Losses on write-down of equity securities		(2,060	)		(23,252	)		21,191
Profits (losses) from investments in affiliates		21,891			25,000			(3,108	)
Other non-recurring gains (losses)		(81,982	)		(303	)		(81,678	)

Ordinary profits		992,055			1,083,701			(91,645	)

Net extraordinary gains (losses)		(2,515	)		15,702			(18,218	)
Net gains (losses) on disposition of fixed assets		10,734			11,006			(272	)
Losses on impairment of fixed assets		(5,778	)		(11,011	)		5,232
Gains (losses) on sales of equity securities of subsidiaries		(226	)		15,595			(15,821	)
Losses on liquidation of equity securities of subsidiaries		(3,236	)		—			(3,236	)
Losses on exchange of shares of affiliates		(4,007	)		—			(4,007	)
Profits before income taxes		989,540			1,099,404			(109,863	)
Income taxes-current		234,738			322,969			(88,231	)
Income taxes-deferred		10,391			27,237			(16,845	)
Total taxes		245,130			350,207			(105,076	)
Profits		744,409			749,196			(4,786	)
Profits attributable to non-controlling interests		54,480			63,360			(8,880	)

Profits attributable to owners of parent		689,929			685,835			4,093

Note:
* Net operating profits = Net operating profits of BTMU + Other consolidated entities’ gross profits - Other consolidated entities’ general and administrative expenses - Other consolidated entities’ provision for general allowance for credit losses - Amortization of goodwill - Inter-company transactions
(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		(71,700	)		(204,490	)		132,790
Number of consolidated subsidiaries		127			128			(1	)
Number of affiliated companies accounted for under the equity method		50			58			(8	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in millions of yen)
	For the fiscal year ended						Increase
	March 31, 2017 (A)			March 31, 2016 (B)			(Decrease) (A) - (B)
Gross profits		1,808,757			2,017,254			(208,497	)
Domestic gross profits		1,010,035			1,091,206			(81,170	)
Net interest income		601,653			701,264			(99,610	)
Net fees and commissions		285,755			288,222			(2,467	)
Net trading profits		19,401			(1,672	)		21,074
Net other operating profits		103,224			103,392			(167	)
Net gains (losses) on debt securities		85,973			84,927			1,046
Non-domestic gross profits		798,721			926,048			(127,326	)
Net interest income		461,816			461,266			550
Net fees and commissions		202,267			209,732			(7,465	)
Net trading profits		88,872			138,509			(49,636	)
Net other operating profits		45,764			116,540			(70,775	)
Net gains (losses) on debt securities		(52,118	)		22,565			(74,684	)
General and administrative expenses		1,141,768			1,129,145			12,623
Personnel expenses		404,345			415,730			(11,385	)
Non-personnel expenses		672,758			648,506			24,251
Amortization of goodwill		359			293			66
Taxes		64,664			64,907			(243	)
Net operating profits before provision for general allowance for credit losses and amortization of goodwill		667,348			888,403			(221,054	)
Net operating profits before provision for general allowance for credit losses		666,989			888,109			(221,120	)
Provision for general allowance for credit losses (1)		—			202,639			(202,639	)
Net operating profits		666,989			1,090,749			(423,760	)
Net non-recurring gains (losses)		(34,783	)		(227,013	)		192,229
Credit costs (2)		(91,522	)		(325,772	)		234,250
Reversal of allowance for credit losses (3)		45,784			—			45,784
Reversal of reserve for contingent losses included in credit costs (4)		—			—			—
Gains on loans written-off (5)		20,275			19,661			613
Net gains (losses) on equity securities		94,823			67,816			27,007
Gains on sales of equity securities		140,261			117,940			22,320
Losses on sales of equity securities		(44,045	)		(27,538	)		(16,506	)
Losses on write-down of equity securities		(1,391	)		(22,585	)		21,193
Other non-recurring gains (losses)		(104,144	)		11,281			(115,426	)

Ordinary profits		632,205			863,736			(231,530	)

Net extraordinary gains (losses)		78			20,966			(20,887	)
Net gains (losses) on disposition of fixed assets		3,509			10,188			(6,679	)
Losses on impairment of fixed assets		(394	)		(9,539	)		9,145
Losses on liquidation of equity securities of subsidiaries		(4,850	)		—			(4,850	)
Gains on sales of equity securities of subsidiaries		2,600			18,319			(15,718	)
Income before income taxes		632,284			884,702			(252,418	)
Income taxes-current		164,367			262,781			(98,414	)
Income taxes-deferred		(13,539	)		35,854			(49,393	)
Total taxes		150,828			298,635			(147,807	)

Net income		481,455			586,066			(104,610	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		(25,462	)		(103,471	)		78,008
Provision for general allowance for credit losses		(157,631	)		202,639			(360,270	)
Provision for special allowance for credit losses		203,483			(242,455	)		445,938
Allowance for credit to specific foreign borrowers		(67	)		896			(964	)
Losses on loans write-off		(36,075	)		(43,410	)		7,334
Provision for contingent losses included in credit costs		(49,022	)		(3,205	)		(45,816	)
Gains on loans written-off		20,275			19,661			613
Losses on sales of other loans, etc.		(6,424	)		(37,597	)		31,173

Mitsubishi UFJ Financial Group, Inc.

MUTB Consolidated


	(in millions of yen)
	For the fiscal year ended						Increase
	March 31, 2017 (A)			March 31, 2016 (B)			(Decrease) (A) - (B)
Gross profits		483,129			480,237			2,892
Gross profits before credit costs for trust accounts		483,129			480,236			2,892
Trust fees		108,418			104,043			4,375
Trust fees before credit costs for trust accounts		108,418			104,042			4,375
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		21,883			11,777			10,106
Other trust fees		86,534			92,264			(5,730	)
Credit costs for trust accounts (1)		0			0			(0	)
Net interest income		135,322			153,296			(17,973	)
Net fees and commissions		205,398			196,693			8,704
Net trading profits		6,210			25,808			(19,597	)
Net other operating profits		27,778			395			27,382
Net gains (losses) on debt securities		10,869			14,927			(4,058	)
General and administrative expenses		289,854			264,440			25,413
Amortization of goodwill		1,235			1,049			185
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		194,510			216,846			(22,335	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		193,275			215,796			(22,521	)
Provision for general allowance for credit losses (2)		(32,039	)		5,656			(37,695	)
Net operating profits*		161,236			221,453			(60,216	)
Net non-recurring gains (losses)		18,143			16,927			1,215
Credit costs (3)		8,252			(6,507	)		14,759
Losses on loan write-offs		(386	)		(103	)		(283	)
Provision for specific allowance for credit losses		8,497			(6,406	)		14,904
Other credit costs		141			2			139
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		646			36			610
Gains on loans written-off (6)		784			500			283
Net gains (losses) on equity securities		17,386			9,130			8,256
Gains on sales of equity securities		20,273			16,573			3,700
Losses on sales of equity securities		(2,643	)		(5,455	)		2,812
Losses on write-down of equity securities		(243	)		(1,987	)		1,743
Profits (losses) from investments in affiliates		4,248			11,020			(6,771	)
Other non-recurring gains (losses)		(13,175	)		2,747			(15,922	)

Ordinary profits		179,379			238,380			(59,000	)

Net extraordinary gains (losses)		(7,707	)		(2,459	)		(5,248	)
Net gains (losses) on disposition of fixed assets		(994	)		(853	)		(141	)
Losses on impairment of fixed assets		(3,892	)		(1,605	)		(2,286	)
Losses on liquidation of equity securities of subsidiaries		(2,820	)		—			(2,820	)
Profits before income taxes		171,671			235,920			(64,249	)
Income taxes-current		61,085			63,529			(2,443	)
Income taxes-deferred		(15,034	)		1,925			(16,959	)
Total taxes		46,050			65,454			(19,403	)
Profits		125,620			170,466			(44,845	)
Profits attributable to non-controlling interests		11,311			10,882			428

Profits attributable to owners of parent		114,308			159,583			(45,274	)


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

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(22,355	)		(314	)		(22,041	)

Number of consolidated subsidiaries		51			56			(5	)
Number of affiliated companies accounted for under the equity method		11			12			(1	)

MUTB Consolidated (combined operating results of MUTB and transferred entities to Intermediate Holding Company in the United States) In July 2016, to comply with the financial regulations in the United States, MUTB transferred the interests in its subsidiaries in the United States to the Intermediate Holding Company ("IHC") in United States which are owned by BTMU and MUFG. The combined operating results of MUTB and transferred entities are as follows (the operating results of transferred entities are prepared for managerial accounting purpose):
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		193,396			215,796			(22,399	)
Profits attributable to owners of parent		114,383			159,583			(45,200	)
Number of the entities transferred to IHC		1			—			1

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in millions of yen)
	For the fiscal year ended						Increase
	March 31, 2017 (A)			March 31, 2016 (B)			(Decrease) (A) - (B)
Gross profits		381,714			378,730			2,983
Gross profits before credit costs for trust accounts		381,713			378,730			2,983
Domestic gross profits		270,848			312,253			(41,405	)
Trust fees		94,645			90,917			3,727
Trust fees before credit costs for trust accounts		94,644			90,917			3,727
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		21,883			11,777			10,106
Other trust fees		72,760			79,139			(6,378	)
Credit costs for trust accounts (1)		0			0			(0	)
Net interest income		82,488			84,690			(2,201	)
Net fees and commissions		101,411			99,849			1,561
Net trading profits		(6,386	)		36,393			(42,780	)
Net other operating profits		(1,310	)		401			(1,711	)
Net gains (losses) on debt securities		(7,900	)		8,178			(16,079	)
Non-domestic gross profits		110,866			66,477			44,388
Net interest income		75,799			79,246			(3,446	)
Net fees and commissions		4,495			4,956			(461	)
Net trading profits		7,354			(15,376	)		22,731
Net other operating profits		23,216			(2,349	)		25,565
Net gains (losses) on debt securities		18,927			6,858			12,069
General and administrative expenses		200,257			185,651			14,606
Personnel expenses		76,248			70,066			6,181
Non-personnel expenses		112,666			107,536			5,129
Taxes		11,341			8,047			3,294
Net operating profits before credit costs for trust accounts and provision		181,456			193,079			(11,622	)
Provision for general allowance for credit losses (2)		(32,040	)		5,645			(37,686	)
Net operating profits		149,416			198,725			(49,308	)
Net non-recurring gains (losses)		15,072			7,782			7,289
Credit costs (3)		8,223			(6,428	)		14,652
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		607			36			570
Gains on loans written-off (6)		706			460			246
Net gains (losses) on equity securities		17,327			9,117			8,210
Gains on sales of equity securities		20,191			16,559			3,631
Losses on sales of equity securities		(2,620	)		(5,455	)		2,835
Losses on write-down of equity securities		(243	)		(1,987	)		1,743
Other non-recurring gains (losses)		(11,793	)		4,597			(16,390	)

Ordinary profits		164,488			206,507			(42,018	)

Net extraordinary gains (losses)		(8,183	)		12,104			(20,288	)
Net gains (losses) on disposition of fixed assets		(1,248	)		(801	)		(446	)
Losses on impairment of fixed assets		(3,843	)		(1,561	)		(2,282	)
Losses on liquidation of equity securities of subsidiaries		(3,091	)		—			(3,091	)
Dividends from foreign subsidiary due to the organizational restructuring		—			14,467			(14,467	)
Income before income taxes		156,305			218,612			(62,307	)
Income taxes-current		50,055			51,881			(1,825	)
Income taxes-deferred		(14,004	)		6,749			(20,754	)
Total taxes		36,050			58,630			(22,580	)

Net income		120,254			159,981			(39,726	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(22,502	)		(286	)		(22,215	)
Credit costs for trust accounts		0			0			(0	)
Provision for general allowance for credit losses		(32,040	)		5,645			(37,686	)
Provision for special allowance for credit losses		8,430			(6,408	)		14,838
Allowance for credit to specific foreign borrowers		(1	)		0			(1	)
Losses on loans write-offs		(352	)		(20	)		(331	)
Provision for contingent losses included in credit costs		607			36			570
Gains on loans written-off		706			460			246
Losses on sales of other loans, etc.		148			(0	)		148

Mitsubishi UFJ Financial Group, Inc.

2. Average Interest Rate Spread

BTMU Non-consolidated


	(percentage per annum)
(Domestic business segment)	For the fiscal year ended March 31, 2017 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2016 (B)
Total average interest rate on interest-earning assets (a)		0.55			(0.06	)		0.62
Average interest rate on loans and bills discounted (b)		0.87			(0.04	)		0.92
Average interest rate on securities		0.67			(0.07	)		0.75
Total average interest rate on interest-bearing liabilities (c) <including general and administrative expenses>		0.61			(0.05	)		0.67
Average interest rate on deposits and NCD (d)		0.00			(0.02	)		0.02
Average interest rate on other liabilities		0.24			0.04			0.20
Overall interest rate spread (a)-(c)		(0.05	)		(0.01	)		(0.04	)
Interest rate spread (b)-(d)		0.87			(0.02	)		0.90

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.98			(0.13	)		1.11
Interest rate spread (e)-(d)		0.97			(0.10	)		1.08

MUTB Non-consolidated
	(percentage per annum)
(Domestic business segment)	For the fiscal year ended March 31, 2017 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2016 (B)
Total average interest rate on interest-earning assets (a)		0.49			(0.03	)		0.53
Average interest rate on loans and bills discounted (b)		0.50			(0.16	)		0.67
Average interest rate on securities		0.86			0.12			0.74
Total average interest rate on interest-bearing liabilities (c)		0.12			(0.04	)		0.17
Average interest rate on deposits and NCD (d)		0.08			(0.04	)		0.12
Overall interest rate spread (a)-(c)		0.37			0.01			0.36
Interest rate spread (b)-(d)		0.42			(0.12	)		0.54

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.54			(0.12	)		0.67
Interest rate spread (e)-(d)		0.45			(0.08	)		0.54

BTMU and MUTB Combined
	(percentage per annum)
(Domestic business segment)	For the fiscal year ended March 31, 2017 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2016 (B)
Average interest rate on loans and bills discounted (a)		0.81			(0.07	)		0.89
Average interest rate on deposits and NCD (b)		0.01			(0.02	)		0.04
Interest rate spread (a)-(b)		0.79			(0.05	)		0.85

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (c)		0.91			(0.13	)		1.04
Interest rate spread (c)-(b)		0.89			(0.10	)		1.00

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 March 31, 2017

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

1,341.6

6,122.3

13,400.2

20,864.2

Receive-floater/pay-fix

860.5

5,518.4

3,593.8

9,972.9

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

2,202.2

11,640.8

16,994.1

30,837.2

BTMU Consolidated

(in billions of yen)

As of March 31, 2017

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

1,151.6

4,655.0

13,061.7

18,868.4

Receive-floater/pay-fix

604.8

3,465.2

1,558.2

5,628.2

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

1,756.5

8,120.2

14,620.0

24,496.7

MUTB Consolidated

(in billions of yen)

As of March 31, 2017

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

190.0

1,467.3

338.4

1,995.8

Receive-floater/pay-fix

263.2

1,963.4

2,006.3

4,233.0

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

453.2

3,430.7

2,344.8

6,228.8

Mitsubishi UFJ Financial Group, Inc.

4. Securities

MUFG Consolidated

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

Fair Value Information on Securities


	(in millions of yen)
	As of March 31, 2017									As of March 31, 2016
	Amount on consolidated balance sheet		Differences			Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Debt securities being held to maturity		3,560,825		50,325			62,484		12,158		3,886,239		64,518			79,584		15,066
Domestic bonds		1,100,955		43,114			43,114		—		1,101,107		58,008			58,008		—
Government bonds		1,100,955		43,114			43,114		—		1,101,107		58,008			58,008		—
Municipal bonds		—		—			—		—		—		—			—		—
Corporate bonds		—		—			—		—		—		—			—		—
Other		2,459,870		7,211			19,369		12,158		2,785,132		6,510			21,576		15,066
Foreign bonds		1,212,321		(1,719	)		10,253		11,973		1,233,171		6,746			12,805		6,058
Other		1,247,549		8,930			9,115		185		1,551,961		(236	)		8,771		9,007

	(in millions of yen)
	As of March 31, 2017									As of March 31, 2016
	Amount on consolidated balance sheet		Differences			Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Available-for-sale securities		54,813,148		3,139,063			3,433,950		294,887		65,518,480		3,485,297			3,706,495		221,198
Domestic equity securities		5,164,653		2,635,191			2,686,496		51,305		4,873,212		2,205,424			2,295,767		90,342
Domestic bonds		27,688,842		399,130			411,190		12,060		30,322,492		718,247			721,722		3,475
Government bonds		24,010,611		351,011			353,046		2,034		27,255,998		631,901			632,132		231
Municipal bonds		1,009,875		3,468			7,913		4,444		449,330		11,539			11,623		84
Corporate bonds		2,668,355		44,650			50,231		5,581		2,617,163		74,806			77,966		3,159
Other		21,959,652		104,742			336,263		231,521		30,322,776		561,624			689,005		127,380
Foreign equity securities		182,802		49,875			59,492		9,616		149,076		23,820			35,445		11,624
Foreign bonds		17,917,306		(8,487	)		154,280		162,768		26,650,433		510,987			544,870		33,883
Other		3,859,542		63,353			122,489		59,136		3,523,265		26,816			108,689		81,872

Redemption schedule of Available-for-sale securities with maturities and debt securities being held to maturity
	(in millions of yen)
	As of March 31, 2017									As of March 31, 2016
	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		14,113,212		7,132,897			4,429,887		3,114,000		10,981,410		9,274,701			6,863,891		4,303,854
Government bonds		13,915,176		6,273,172			2,798,360		2,124,856		10,790,809		8,548,655			5,759,365		3,258,275
Municipal bonds		42,038		115,764			851,782		290		10,160		106,931			328,008		4,229
Corporate bonds		155,997		743,959			779,744		988,853		180,440		619,115			776,517		1,041,348
Other		2,416,059		6,338,667			5,711,596		7,146,492		3,449,249		10,424,437			9,930,271		6,671,410
Foreign bonds		2,341,343		5,597,815			4,493,257		6,686,389		3,377,182		9,871,390			8,424,741		6,192,264
Other		74,716		740,852			1,218,339		460,103		72,067		553,047			1,505,530		479,146
Total		16,529,272		13,471,564			10,141,484		10,260,492		14,430,659		19,699,139			16,794,162		10,975,265

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 March 31, 2017

As of March 31, 2016

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Debt securities being held to maturity

2,348,504

52,045

52,230

185

2,653,043

57,771

66,779

9,007

Stocks of subsidiaries and affiliates

932,607

(8,940

)

41,986

50,927

843,460

(91,424

)

29,661

121,086

(in millions of yen)

As of March 31, 2017

As of March 31, 2016

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Available-for-sale securities

37,723,034

2,347,803

2,535,654

187,850

44,773,389

2,531,495

2,713,435

181,940

Domestic equity securities

4,173,471

2,016,280

2,070,538

54,257

3,943,763

1,661,719

1,751,653

89,934

Domestic bonds

23,390,925

354,591

363,976

9,385

23,353,550

619,996

621,020

1,024

Other

10,158,637

(23,069

)

101,139

124,208

17,476,076

249,779

340,761

90,981

Foreign equity securities

170,335

44,257

54,416

10,158

142,546

18,227

29,916

11,688

Foreign bonds

7,853,982

(35,584

)

38,534

74,118

15,024,229

279,857

285,357

5,500

Other

2,134,319

(31,742

)

8,188

39,931

2,309,300

(48,305

)

25,487

73,792

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

(in millions of yen)

As of March 31, 2017

As of March 31, 2016

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

13,027,854

4,251,676

4,320,651

2,891,699

9,503,563

5,596,113

5,325,107

4,029,848

Government bonds

12,877,083

3,503,258

2,747,703

1,913,228

9,377,044

4,996,212

4,581,169

3,029,462

Municipal bonds

42,038

115,711

851,777

260

10,160

106,842

292,183

329

Corporate bonds

108,733

632,706

721,169

978,210

116,358

493,058

451,754

1,000,056

Other

1,660,584

2,392,988

2,059,040

3,489,562

2,072,496

5,953,081

6,055,164

2,948,188

Foreign bonds

1,396,678

2,204,469

1,106,191

3,128,455

1,851,875

5,671,608

4,823,497

2,659,161

Other

263,905

188,519

952,848

361,106

220,621

281,472

1,231,667

289,026

Total

14,688,438

6,644,664

6,379,691

6,381,261

11,576,060

11,549,194

11,380,271

6,978,036

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 March 31, 2017								As of March 31, 2016
	Amount on balance sheet		Differences		Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Debt securities being held to maturity		—		—		—		—		—		—		—		—
Stocks of subsidiaries and affiliates		52,328		33,443		33,512		69		57,771		50,968		51,070		102

	(in millions of yen)
	As of March 31, 2017								As of March 31, 2016
	Amount on balance sheet		Differences		Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Available-for-sale securities		13,508,608		752,569		818,235		65,665		17,108,424		873,305		899,752		26,447
Domestic equity securities		1,036,997		551,360		557,456		6,095		974,012		470,438		484,778		14,340
Domestic bonds		4,369,116		43,958		46,724		2,765		7,013,586		98,263		100,843		2,580
Other		8,102,494		157,250		214,054		56,804		9,120,825		304,604		314,131		9,526
Foreign equity securities		61		36		36		—		51		26		26		0
Foreign bonds		6,792,918		64,280		104,484		40,204		8,367,901		228,667		235,989		7,322
Other		1,309,514		92,933		109,533		16,599		752,872		75,910		78,114		2,204
Redemption schedule of Available-for-sale securities with maturities and debt securities being held to maturity
	(in millions of yen)
	As of March 31, 2017								As of March 31, 2016
	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		1,040,874		2,996,704		109,236		222,301		1,406,286		3,784,586		1,548,706		274,006
Government bonds		993,710		2,875,475		50,657		211,628		1,342,229		3,658,650		1,178,195		228,813
Municipal bonds		—		53		5		29		—		88		35,825		3,900
Corporate bonds		47,164		121,176		58,574		10,642		64,057		125,847		334,685		41,292
Other		386,827		2,630,231		2,708,421		1,620,210		809,569		3,407,239		3,072,071		1,445,720
Foreign bonds		386,642		2,177,646		2,608,448		1,620,180		774,774		3,145,573		3,021,564		1,425,989
Other		184		452,585		99,973		29		34,795		261,666		50,507		19,731
Total		1,427,702		5,626,936		2,817,657		1,842,511		2,215,856		7,191,826		4,620,778		1,719,726

Mitsubishi UFJ Financial Group, Inc.

5. ROE

MUFG Consolidated

(%)

For the fiscal year
ended
March 31, 2017
(A)

Increase
(Decrease)
(A) - (B)

For the fiscal year
ended
March 31, 2016
(B)

ROE

7.25

(0.37

)

7.63

Note:

ROE is computed as follows:

Profits attributable to owners of parent

×100

{(Total shareholders’ equity at the beginning of the period + Foreign currency translation adjustments at the beginning of the period) + (Total shareholders’ equity at the end of the period + Foreign currency translation adjustments at the end of the period)} / 2

Mitsubishi UFJ Financial Group, Inc.

6. Risk-Adjusted Capital Ratio



MUFG Consolidated	(in billions of yen)
	As of March 31, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)			As of September 30, 2016
(1) Total capital ratio (4)/(7)		15.85	%		(0.15	)%		16.01	%		16.56	%
(2) Tier 1 capital ratio (5)/(7)		13.36	%		0.12	%		13.24	%		13.50	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		11.76	%		0.13	%		11.63	%		12.20	%
(4) Total capital		18,076.1			134.3			17,941.8			17,424.3
(5) Tier 1 capital		15,232.4			393.1			14,839.2			14,205.5
(6) Common Equity Tier 1 capital		13,413.8			374.0			13,039.8			12,839.4
(7) Risk weighted assets		113,986.3			1,922.0			112,064.3			105,206.2
(8) Required Capital (7)×8%		9,118.9			153.7			8,965.1			8,416.4

BTMU Consolidated	(in billions of yen)
	As of March 31, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)			As of September 30, 2016
(1) Total capital ratio (4)/(7)		15.28	%		(0.38	)%		15.66	%		16.20	%
(2) Tier 1 capital ratio (5)/(7)		12.70	%		(0.01	)%		12.71	%		12.93	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		11.14	%		0.05	%		11.08	%		11.64	%
(4) Total capital		14,053.4			40.2			14,013.2			13,545.6
(5) Tier 1 capital		11,680.7			305.5			11,375.2			10,816.6
(6) Common Equity Tier 1 capital		10,245.8			328.0			9,917.7			9,733.5
(7) Risk weighted assets		91,960.0			2,503.4			89,456.6			83,596.9
(8) Required Capital (7)×8%		7,356.8			200.2			7,156.5			6,687.7

MUTB Consolidated	(in billions of yen)
	As of March 31, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)			As of September 30, 2016
(1) Total capital ratio (4)/(7)		19.80	%		(0.16	)%		19.97	%		20.43	%
(2) Tier 1 capital ratio (5)/(7)		16.94	%		0.12	%		16.82	%		17.15	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		15.87	%		(0.13	)%		16.01	%		16.38	%
(4) Total capital		2,406.5			35.4			2,371.0			2,359.8
(5) Tier 1 capital		2,058.4			61.8			1,996.6			1,981.4
(6) Common Equity Tier 1 capital		1,928.9			28.3			1,900.6			1,891.9
(7) Risk weighted assets		12,149.1			280.8			11,868.3			11,549.4
(8) Required Capital (7)×8%		971.9			22.4			949.4			923.9

BTMU Non-consolidated	(in billions of yen)
	As of March 31, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)			As of September 30, 2016
(1) Total capital ratio (4)/(7)		16.70	%		(0.80	)%		17.51	%		18.37	%
(2) Tier 1 capital ratio (5)/(7)		13.88	%		(0.37	)%		14.25	%		14.73	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		12.04	%		(0.26	)%		12.30	%		12.97	%
(4) Total capital		12,823.3			(9.9	)		12,833.3			12,819.0
(5) Tier 1 capital		10,655.5			208.8			10,446.7			10,279.9
(6) Common Equity Tier 1 capital		9,247.7			228.2			9,019.4			9,050.2
(7) Risk weighted assets		76,757.5			3,479.6			73,277.9			69,770.1
(8) Required Capital (7)×8%		6,140.6			278.3			5,862.2			5,581.6

MUTB Non-consolidated	(in billions of yen)
	As of March 31, 2017 Preliminary (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)			As of September 30, 2016
(1) Total capital ratio (4)/(7)		20.48	%		(0.59	)%		21.08	%		21.81	%
(2) Tier 1 capital ratio (5)/(7)		17.45	%		(0.00	)%		17.45	%		18.07	%
(3) Common Equity Tier 1 capital ratio (6)/(7)		16.35	%		(0.22	)%		16.58	%		17.17	%
(4) Total capital		2,426.4			67.7			2,358.7			2,372.4
(5) Tier 1 capital		2,067.0			114.0			1,952.9			1,965.6
(6) Common Equity Tier 1 capital		1,937.5			82.0			1,855.5			1,867.7
(7) Risk weighted assets		11,844.9			656.7			11,188.1			10,874.5
(8) Required Capital (7)×8%		947.5			52.5			895.0			869.9

Note:

Risk-adjusted capital ratio of MUFG is computed in accordance with the Notification of the Financial Services Agency No.20, 2006.

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

Mitsubishi UFJ Financial Group, Inc.

7. Risk-Monitored Loans

MUFG Consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2017 (A)		% to total loans and bills discounted			As of March 31, 2016 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		46,498		0.04	%		54,913		0.04	%		(8,415	)		(0.00	)%
Non-accrual delinquent loans		738,103		0.67	%		1,110,576		0.97	%		(372,472	)		(0.29	)%
Accruing loans contractually past due 3 months or more		46,301		0.04	%		51,620		0.04	%		(5,318	)		(0.00	)%
Restructured loans		708,354		0.64	%		438,767		0.38	%		269,587			0.26	%
Total risk monitored loans		1,539,258		1.41	%		1,655,877		1.45	%		(116,619	)		(0.04	)%
Total loans and bills discounted		109,005,231					113,756,325					(4,751,093	)

Written-off		377,463					397,076					(19,613	)

(2) Allowance for Credit Losses

	(in millions of yen)
	As of March 31, 2017 (A)		% to total risk monitored loans			As of March 31, 2016 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		957,350		62.19	%		1,057,585		63.86	%		(100,235	)		(1.67	)%
General allowance for credit losses		743,895					571,689					172,206
Specific allowance for credit losses		213,065					485,577					(272,512	)
Allowance for credit to specific foreign borrowers		388					318					69

(3) Classification of Risk-Monitored Loans



Classified by Geographic Area	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		1,064,741		1,177,149		(112,407	)
Overseas		474,516		478,728		(4,211	)
Asia		142,367		145,343		(2,975	)
Indonesia		5,946		7,451		(1,504	)
Singapore		14,558		18,414		(3,856	)
Thailand		106,546		93,510		13,036
Hong Kong		215		—		215
China		—		3,488		(3,488	)
Other		15,099		22,477		(7,378	)
Americas		216,085		199,432		16,652
Europe, Middle East and Other		116,064		133,952		(17,888	)

Total		1,539,258		1,655,877		(116,619	)


Classified by Industry	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		1,064,741		1,177,149		(112,407	)
Manufacturing		425,381		430,858		(5,477	)
Construction		16,299		20,705		(4,406	)
Wholesale and retail		135,785		164,429		(28,644	)
Finance and insurance		737		1,466		(728	)
Real estate, goods rental and leasing		67,336		90,620		(23,283	)
Services		51,944		67,387		(15,443	)
Other industries		23,849		32,828		(8,978	)
Consumer		343,406		368,852		(25,446	)
Overseas		474,516		478,728		(4,211	)
Financial institutions		7,672		14,361		(6,689	)
Commercial and industrial		329,547		319,456		10,090
Other		137,297		144,910		(7,613	)

Total		1,539,258		1,655,877		(116,619	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2017 (A)		% to total loans and bills discounted			As of March 31, 2016 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		35,746		0.04	%		46,057		0.05	%		(10,311	)		(0.00	)%
Non-accrual delinquent loans		476,342		0.58	%		851,173		0.98	%		(374,830	)		(0.39	)%
Accruing loans contractually past due 3 months or more		45,938		0.05	%		54,585		0.06	%		(8,646	)		(0.00	)%
Restructured loans		525,466		0.64	%		276,441		0.31	%		249,025			0.32	%
Total risk monitored loans		1,083,494		1.33	%		1,228,257		1.41	%		(144,763	)		(0.08	)%
Total loans and bills discounted		81,394,063					86,691,727					(5,297,663	)

Written-off		307,219					309,542					(2,322	)

(2) Allowance for Credit Losses
	(in millions of yen)
	As of March 31, 2017 (A)		% to total risk monitored loans			As of March 31, 2016 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		563,216		51.98	%		665,588		54.18	%		(102,372	)		(2.20	)%
General allowance for credit losses		446,887					290,081					156,805
Specific allowance for credit losses		115,942					375,188					(259,245	)
Allowance for credit to specific foreign borrowers		386					318					67

(3) Classification of Risk-Monitored Loans



Classified by Geographic Area	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		829,903		972,296		(142,393	)
Overseas		253,591		255,960		(2,369	)
Asia		29,866		44,823		(14,957	)
Indonesia		102		2,979		(2,877	)
Singapore		14,558		18,414		(3,856	)
Thailand		4		—		4
Hong Kong		215		—		215
China		—		3,380		(3,380	)
Other		14,985		20,048		(5,063	)
Americas		107,660		77,184		30,475
Europe, Middle East and Other		116,064		133,952		(17,888	)

Total		1,083,494		1,228,257		(144,763	)


Classified by Industry	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		829,903		972,296		(142,393	)
Manufacturing		375,263		405,969		(30,705	)
Construction		15,628		20,003		(4,375	)
Wholesale and retail		134,286		162,914		(28,628	)
Finance and insurance		715		1,443		(727	)
Real estate		58,504		79,324		(20,819	)
Goods rental and leasing		2,347		2,720		(373	)
Services		51,080		67,072		(15,992	)
Other industries		23,540		32,500		(8,959	)
Consumer		168,535		200,346		(31,810	)
Overseas		253,591		255,960		(2,369	)
Financial institutions		7,589		14,290		(6,701	)
Commercial and industrial		190,984		181,531		9,452
Other		55,017		60,138		(5,121	)

Total		1,083,494		1,228,257		(144,763	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2017 (A)		% to total loans and bills discounted			As of March 31, 2016 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		530		0.00	%		526		0.00	%		4			(0.00	)%
Non-accrual delinquent loans		9,611		0.06	%		32,576		0.24	%		(22,964	)		(0.17	)%
Accruing loans contractually past due 3 months or more		79		0.00	%		214		0.00	%		(134	)		(0.00	)%
Restructured loans		55,523		0.38	%		9,886		0.07	%		45,637			0.31	%
Total risk monitored loans		65,746		0.46	%		43,203		0.32	%		22,542			0.13	%
Total loans and bills discounted		14,283,249					13,192,538					1,090,710

Written-off		7,626					7,459					167

(2) Allowance for Credit Losses
	(in millions of yen)
	As of March 31, 2017 (A)		% to total risk monitored loans			As of March 31, 2016 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		59,306		90.20	%		37,084		85.83	%		22,222			4.36	%
General allowance for credit losses		58,395					26,355					32,040
Specific allowance for credit losses		908					10,729					(9,820	)
Allowance for credit to specific foreign borrowers		1					0					1

(3) Classification of Risk-Monitored Loans


Classified by Geographic Area	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		65,273		43,181		22,091
Overseas		472		22		450
Asia		472		—		472
Indonesia		—		—		—
Singapore		—		—		—
Thailand		472		—		472
China		—		—		—
Other		—		—		—
Americas		—		22		(22	)
Europe, Middle East and Other		—		—		—

Total		65,746		43,203		22,542


Classified by Industry	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		65,273		43,181		22,091
Manufacturing		50,092		24,857		25,234
Construction		653		684		(30	)
Wholesale and retail		1,348		1,353		(4	)
Finance and insurance		—		—		—
Real estate		6,436		8,524		(2,088	)
Goods rental and leasing		—		—		—
Services		851		296		555
Other industries		303		322		(18	)
Consumer		5,587		7,143		(1,555	)
Overseas		472		22		450
Financial institutions		—		—		—
Commercial and industrial		472		—		472
Other		—		22		(22	)

Total		65,746		43,203		22,542

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 March 31, 2017 (A)		% to total loans and bills discounted			As of March 31, 2016 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		3		0.01	%		11		0.04	%		(7	)		(0.02	)%
Non-accrual delinquent loans		0		0.00	%		0		0.00	%		(0	)		(0.00	)%
Accruing loans contractually past due 3 months or more		9		0.04	%		5		0.02	%		3			0.02	%
Restructured loans		234		1.28	%		606		2.62	%		(371	)		(1.34	)%
Total risk monitored loans		247		1.35	%		623		2.69	%		(376	)		(1.34	)%
Total loans and bills discounted		18,293					23,111					(4,818	)

(2) Allowance for Credit Losses


	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Allowance for bad debts		55		69		(13	)

(3) Classification of Risk-Monitored Loans

Classified by Industry
	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		247		623		(376	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		200		564		(363	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		46		59		(12	)

Total		247		623		(376	)

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 March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								119,803			118,819			984
Doubtful								426,284			846,495			(420,211	)
Special Attention								627,162			341,635			285,526
Non Performing Loans (1)								1,173,249			1,306,950			(133,700	)

Normal								104,240,643			108,009,909			(3,769,265	)
Total								105,413,893			109,316,859			(3,902,966	)

Non Performing Loans / Total								1.11	%		1.19	%		(0.08	)%

(2) Status of Coverage of Non Performing Loans
							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								940,324			1,096,492			(156,168	)
Allowance for credit losses								351,634			461,495			(109,861	)
Collateral, guarantees, etc.								588,690			634,997			(46,307	)

Coverage ratio (2) / (1)								80.14	%		83.89	%		(3.75	)%

(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		119,803			10,772			109,031						100.00	%
		[118,819	]		[17,327	]		[101,491	]					[100.00	%]
Doubtful		426,284			104,933			244,227						81.90	%
		[846,495	]		[355,601	]		[348,378	]					[83.16	%]
Special Attention		627,162			235,928			235,431						75.15	%
		[341,635	]		[88,566	]		[185,127	]					[80.11	%]
Total		1,173,249			351,634			588,690						80.14	%
		[1,306,950	]		[461,495	]		[634,997	]					[83.89	%]
Note: The upper figures are as of March 31, 2017. The lower figures with brackets are as of March 31, 2016. (4) Classified by Industry
							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Domestic								903,729			1,043,076			(139,347	)
Manufacturing								425,959			446,091			(20,131	)
Construction								16,418			20,787			(4,369	)
Wholesale and retail								139,910			172,559			(32,649	)
Finance and insurance								2,008			2,777			(768	)
Real estate								65,365			88,661			(23,295	)
Goods rental and leasing								2,347			2,722			(374	)
Services								52,500			67,852			(15,352	)
Other industries								24,654			33,701			(9,047	)
Consumer								174,565			207,921			(33,356	)
Overseas								269,520			263,873			5,646
Financial institutions								7,779			14,290			(6,511	)
Commercial and industrial								206,723			189,422			17,300
Other								55,017			60,160			(5,143	)
Total								1,173,249			1,306,950			(133,700	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		117,714			116,853			861
Doubtful		418,034			815,231			(397,196	)
Special Attention		571,405			331,026			240,378
Non Performing Loans (1)		1,107,154			1,263,111			(155,956	)

Normal		89,636,105			94,370,441			(4,734,335	)
Total		90,743,260			95,633,552			(4,890,292	)

Non Performing Loans / Total		1.22	%		1.32	%		(0.10	)%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		896,314			1,059,742			(163,427	)
Allowance for credit losses		325,433			447,041			(121,607	)
Collateral, guarantees, etc.		570,881			612,701			(41,819	)

Coverage ratio (2) / (1)		80.95	%		83.89	%		(2.94	)%

(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

117,714

10,679

107,034

100.00

[116,853

]

[17,316

]

[99,536

]

[100.00

Doubtful

418,034

104,577

236,899

57.73

81.68

[815,231

]

[345,361

]

[331,408

]

[71.38

[83.01

Special Attention

571,405

210,175

226,947

61.01

76.49

[331,026

]

[84,363

]

[181,756

]

[56.51

[80.39

Total

1,107,154

325,433

570,881

60.68

80.95

[1,263,111

]

[447,041

]

[612,701

]

[68.73

[83.89

Note: The upper figures are as of March 31, 2017. The lower figures with brackets are as of March 31, 2016.

(4) Classified by Industry


	(in millions of yen)
	As of March 31, 2017 (A)		As of March 31, 2016 (B)		Increase (Decrease) (A) - (B)
Domestic		838,106		999,259		(161,153	)
Manufacturing		375,867		421,233		(45,366	)
Construction		15,764		20,103		(4,339	)
Wholesale and retail		138,561		171,206		(32,645	)
Finance and insurance		2,008		2,777		(768	)
Real estate		58,728		79,572		(20,843	)
Goods rental and leasing		2,347		2,722		(374	)
Services		51,648		67,556		(15,907	)
Other industries		24,350		33,379		(9,028	)
Consumer		168,829		200,707		(31,878	)
Overseas		269,047		263,851		5,196
Financial institutions		7,779		14,290		(6,511	)
Commercial and industrial		206,250		189,422		16,828
Other		55,017		60,138		(5,121	)
Total		1,107,154		1,263,111		(155,956	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non Performing Loans


							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								2,085			1,954			131
Doubtful								8,159			31,159			(23,000	)
Special Attention								55,603			10,101			45,502
Non Performing Loans (1)								65,848			43,215			22,632

Normal								14,586,491			13,616,979			969,511
Total								14,652,339			13,660,195			992,144

Non Performing Loans / Total								0.44	%		0.31	%		0.13	%

(2) Status of Coverage of Non Performing Loans

							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								43,762			36,260			7,502
Allowance for credit losses								26,201			14,454			11,746
Collateral, guarantees, etc.								17,561			21,805			(4,244	)

Coverage ratio (2) / (1)								66.46	%		83.90	%		(17.44	)%

(3) Coverage Ratio

	(in millions of yen)
Category	Loan amount (A)			Allowance for credit losses (B)			Covered by collateral and/ or guarantees (C)			Coverage ratio for unsecured portion (B) / [(A) - (C)]			Coverage ratio [(B) + (C)] / (A)
Bankrupt or De facto Bankrupt		2,085			92			1,993			100.00	%		100.00	%
		[1,954	]		[10	]		[1,943	]		[100.00	%]		[100.00	%]
Doubtful		8,159			355			7,238			38.66	%		93.07	%
		[31,159	]		[10,239	]		[16,879	]		[71.70	%]		[87.03	%]
Special Attention		55,603			25,753			8,330			54.47	%		61.29	%
		[10,101	]		[4,203	]		[2,982	]		[59.05	%]		[71.14	%]
Total		65,848			26,201			17,561			54.26	%		66.46	%
		[43,215	]		[14,454	]		[21,805	]		[67.51	%]		[83.90	%]
Note: The upper figures are as of March 31, 2017. The lower figures with brackets are as of March 31, 2016. (4) Classified by Industry
							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Domestic								65,375			43,193			22,181
Manufacturing								50,092			24,857			25,234
Construction								653			684			(30	)
Wholesale and retail								1,348			1,353			(4	)
Finance and insurance								—			—			—
Real estate								6,436			8,524			(2,088	)
Goods rental and leasing								—			—			—
Services								851			296			555
Other industries								303			322			(18	)
Consumer								5,689			7,155			(1,465	)
Overseas								472			22			450
Financial institutions								—			—			—
Commercial and industrial								472			—			472
Other								—			22			(22	)
Total								65,848			43,215			22,632

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated: Trust Account

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

(1) Non Performing Loans


							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								3			11			(7	)
Doubtful								90			104			(13	)
Special Attention								153			507			(354	)
Non Performing Loans (1)								247			623			(376	)

Normal								18,046			22,488			(4,442	)
Total								18,293			23,111			(4,818	)

Non Performing Loans / Total								1.35	%		2.69	%		(1.34	)%

(2) Status of Coverage of Non Performing Loans
							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								247			490			(243	)
Allowance for credit losses								—			—			—
Collateral, guarantees, etc.								247			490			(243	)

Coverage ratio (2) / (1)								100.00	%		78.65	%		21.34	%

(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		3			—			3						100.00	%
		[11	]		[—	]		[11	]					[100.00	%]
Doubtful		90			—			90						100.00	%
		[104	]		[—	]		[90	]					[87.31	%]
Special Attention		153			—			153						100.00	%
		[507	]		[—	]		[387	]					[76.38	%]
Total		247			—			247						100.00	%
		[623	]		[—	]		[490	]					[78.65	%]
Note: The upper figures are as of March 31, 2017. The lower figures with brackets are as of March 31, 2016.

(4) Classified by Industry
							(in millions of yen)
							As of March 31, 2017 (A)			As of March 31, 2016 (B)			Increase (Decrease) (A) - (B)
Domestic								247			623			(376	)
Manufacturing								—			—			—
Construction								—			—			—
Wholesale and retail								—			—			—
Finance and insurance								—			—			—
Real estate								200			564			(363	)
Goods rental and leasing								—			—			—
Services								—			—			—
Other industries								—			—			—
Consumer								46			59			(12	)
Total								247			623			(376	)

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

[109.0]

[9.6]

[1.1]

(*1)

100.00%

i) Bankrupt or

De facto Bankrupt

[119.7]

Loans to bankrupt borrowers

[36.2]

Substantially
Bankrupt
Borrowers

Non-accrual

delinquent loans

[485.9]

Potentially
Bankrupt
Borrowers

[244.4]

[181.7]

57.63%

ii) Doubtful

[426.1]

Borrowers
Requiring
Caution
(Special
Attention
Borrowers)

[627.0]

60.22%

iii) Special Attention

[627.0]

Accruing loans contractually past due

3 months or more

[46.0]

Restructured loans

[580.9]

Borrowers
Requiring
Caution
(Other
Borrowers)

iv) Normal

[104,222.5]

Normal
Borrowers

Non-Performing Loans Based on the “FRL”

Risk-Monitored Loans

i) + ii) + iii)

1,173.0

1,149.2

Total

i) + ii) + iii) + iv)

105,395.5

(*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, 2014		As of March 31, 2015		As of March 31, 2016 (A)		As of March 31, 2017 (B)		(B) - (A)
Assets newly categorized during fiscal 2013		195,312		121,427		86,518		41,754		(44,764	)
Assets newly categorized during fiscal 2014				98,674		61,087		40,744		(20,343	)
Assets newly categorized during fiscal 2015						500,907		96,342		(404,564	)
Assets newly categorized during fiscal 2016								156,527

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the fiscal year ended March 31, 2017
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		5,436
Reconstructive treatment		39,667
Upgrade due to reconstructive treatment		—
Loan sold to secondary market		7,314
Write-offs		51,432
Others		449,013
Collection / Repayment		70,468
Upgrade		378,545

Total		552,863		39,386		513,477

Amount in process for disposition		105,095

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, 2014		As of March 31, 2015		As of March 31, 2016 (A)		As of March 31, 2017 (B)		(B) - (A)
Assets newly categorized during fiscal 2013		6,315		3,069		2,510		700		(1,810	)
Assets newly categorized during fiscal 2014				7,495		1,730		265		(1,464	)
Assets newly categorized during fiscal 2015						18,743		883		(17,860	)
Assets newly categorized during fiscal 2016								1,872

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the fiscal year ended March 31, 2017
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		—
Reconstructive treatment		—
Upgrade due to reconstructive treatment		—
Loan sold to secondary market		1,501
Write-offs		1,632
Others		22,017
Collection / Repayment		2,811
Upgrade		19,206

Total		25,151		427		24,723

Amount in process for disposition		2,245

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 March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Domestic offices (excluding loans booked at offshore markets)		67,397,147			(5,292,048	)		72,689,196
Manufacturing		10,580,756			(227,008	)		10,807,764
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		152,075			(7,383	)		159,458
Construction		766,745			(53,852	)		820,597
Utilities		1,565,430			(13,821	)		1,579,251
Communication and information services		1,418,047			133,618			1,284,429
Transport and postal activities		2,225,080			36,157			2,188,923
Wholesale and retail		6,471,760			29,701			6,442,059
Finance and insurance		8,518,592			40,265			8,478,327
Real estate		8,901,544			189,704			8,711,840
Goods rental and leasing		2,072,931			209,882			1,863,049
Services		2,579,513			62,746			2,516,767
Municipal government		569,706			(36,687	)		606,393
Other industries (including loans to the Japanese government)		21,574,955			(5,655,370	)		27,230,325
Overseas offices and loans booked at offshore markets		28,484,402			1,138,761			27,345,641

Total		95,881,550			(4,153,287	)		100,034,837

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Total domestic consumer loans		16,543,759			177,628			16,366,131
Housing loans		15,720,290			149,504			15,570,786
Residential purpose		13,606,632			264,299			13,342,333
Other		823,468			28,124			795,344
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Outstanding amount		40,190,996			627,935			39,563,061
% to total domestic loans		59.63	%		5.20	%		54.42	%

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Domestic offices (excluding loans booked at offshore markets)		55,332,793			(6,403,920	)		61,736,714
Manufacturing		8,550,896			(219,227	)		8,770,123
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		148,985			(6,599	)		155,584
Construction		671,563			(44,480	)		716,043
Utilities		1,217,529			1,937			1,215,592
Communication and information services		1,129,337			74,616			1,054,721
Transport and postal activities		1,571,068			(23,611	)		1,594,679
Wholesale and retail		5,558,195			27,643			5,530,552
Finance and insurance		5,982,815			(180,659	)		6,163,474
Real estate		6,980,650			83,941			6,896,709
Goods rental and leasing		1,319,589			155,929			1,163,660
Services		2,427,865			56,387			2,371,478
Municipal government		562,257			(35,121	)		597,378
Other industries (including loans to the Japanese government)		19,212,044			(6,294,677	)		25,506,721
Overseas offices and loans booked at offshore markets		26,061,269			1,106,256			24,955,012

Total		81,394,063			(5,297,663	)		86,691,727

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Total domestic consumer loans		15,183,840			194,063			14,989,776
Housing loans		14,365,000			165,113			14,199,887
Residential purpose		12,395,614			256,536			12,139,077
Other		818,840			28,950			789,889
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Outstanding amount		34,153,811			244,917			33,908,894
% to total domestic loans		61.72	%		6.79	%		54.92	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Domestic offices (excluding loans booked at offshore markets)		11,860,116			1,058,206			10,801,910
Manufacturing		2,029,860			(7,781	)		2,037,641
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		3,090			(784	)		3,874
Construction		95,182			(9,372	)		104,554
Utilities		347,901			(15,758	)		363,659
Communication and information services		288,710			59,002			229,708
Transport and postal activities		654,012			59,768			594,244
Wholesale and retail		913,565			2,058			911,507
Finance and insurance		2,529,685			221,742			2,307,943
Real estate		1,915,672			108,769			1,806,903
Goods rental and leasing		753,342			53,953			699,389
Services		151,644			6,360			145,284
Municipal government		2,660			(1,508	)		4,168
Other industries (including loans to the Japanese government)		2,174,783			581,758			1,593,025
Overseas offices and loans booked at offshore markets		2,423,132			32,504			2,390,628

Total		14,283,249			1,090,710			13,192,538


(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Total domestic consumer loans		1,351,609			(14,869	)		1,366,478
Housing loans		1,347,027			(14,073	)		1,361,100
Residential purpose		1,203,359			9,182			1,194,177
Other		4,582			(795	)		5,377

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Outstanding amount		5,843,829			328,476			5,515,353
% to total domestic loans		49.27	%		(1.78	)%		51.05	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated: Trust Accounts

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Domestic offices (excluding loans booked at offshore markets)		204,237			53,665			150,571
Manufacturing		—			—			—
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		—			—			—
Construction		—			—			—
Utilities		—			—			—
Communication and information services		—			—			—
Transport and postal activities		—			—			—
Wholesale and retail		—			—			—
Finance and insurance		6,092			(818	)		6,910
Real estate		5,222			(3,006	)		8,228
Goods rental and leasing		—			—			—
Services		4			(1	)		5
Municipal government		4,789			(58	)		4,847
Other industries (including loans to the Japanese government)		188,128			57,549			130,579
Overseas offices and loans booked at offshore markets		—			—			—

Total		204,237			53,665			150,571

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Total domestic consumer loans		8,309			(1,565	)		9,875
Housing loans		8,263			(1,535	)		9,798
Residential purpose		7,658			(1,420	)		9,078
Other		46			(30	)		76
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Outstanding amount		193,356			54,542			138,814
% to total domestic loans		94.67	%		2.48	%		92.19	%

Mitsubishi UFJ Financial Group, Inc.

11. Overseas Loans

BTMU and MUTB Combined


	(in millions of yen)
	As of March 31, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Americas		13,158,077		1,030,808			12,127,269
United States of America		8,336,794		788,087			7,548,706
Caribbean countries		2,498,113		(237,069	)		2,735,182
Canada		820,548		558,848			261,699
Brazil		618,205		(29,648	)		647,854
Mexico		422,363		(2,942	)		425,305
Chile		213,144		(5,888	)		219,033
Columbia		121,605		(24,010	)		145,615
Others		127,305		(16,570	)		143,875
Asia/Oceania		9,812,573		394,907			9,417,664
Hong Kong		2,200,861		94,494			2,106,366
Australia		2,034,257		123,137			1,911,119
Singapore		1,452,126		209,964			1,242,161
Indonesia		840,789		(10,747	)		851,537
India		744,723		39,117			705,605
South Korea		634,537		102,541			531,996
Taiwan		432,696		55,031			377,664
Malaysia		298,108		(242,467	)		540,576
New Zealand		266,322		14,692			251,630
Vietnam		248,122		29,015			219,107
Thailand		207,636		(34,333	)		241,969
Philippines		205,168		18,540			186,628
China		135,691		(42,261	)		177,953
Others		111,537		38,184			73,353
EMEA		7,414,429		(200,817	)		7,615,247
United Kingdom		2,099,127		(70,396	)		2,169,523
Netherlands		745,023		14,072			730,950
Saudi Arabia		608,638		109,147			499,491
Germany		492,653		(41,997	)		534,650
Qatar		436,530		21,250			415,279
UAE		424,807		(26,085	)		450,893
France		423,873		(36,359	)		460,233
Luxembourg		266,799		(31,442	)		298,241
South Africa		197,509		54,291			143,218
Switzerland		182,333		(9,631	)		191,965
Turkey		180,818		(845	)		181,663
Ireland		165,192		45,180			120,011
Italy		141,630		(67,176	)		208,807
Spain		121,753		(54,919	)		176,673
Belgium		121,710		(41,168	)		162,878
Others		806,034		(64,739	)		870,772
Others		284		(680	)		965

Total		30,385,363		1,224,218			29,161,145

Note:

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

MUFG Americas Holdings Corporation: ¥8,802,958 million (a 455,718 million yen decrease as compared with March 31, 2016.)

Bank of Ayudhya Public Company Limited: ¥3,662,848 million (a 194,539 million yen increase as compared with March 31, 2016.)

Bank of Tokyo-Mitsubishi UFJ (China), Ltd.: ¥1,316,372 million (a 164,864 million yen decrease as compared with March 31, 2016.)

MUFG Bank (Europe) N.V.: ¥700,700 million (a 101,672 million yen increase as compared with March 31, 2016.)

Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad: ¥451,386 million (a 18,564 million yen decrease as compared with March 31, 2016.)

Mitsubishi UFJ Financial Group, Inc.

12. Loans and Deposits

BTMU and MUTB Combined


	(in millions of yen)
	As of March 31, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Deposits (ending balance)		155,498,777		10,166,780			145,331,997
Deposits (average balance)		149,718,788		11,672,662			138,046,126
Loans (ending balance)		95,677,312		(4,206,952	)		99,884,265
Loans (average balance)		97,494,781		316,998			97,177,782

BTMU Non-consolidated
	(in millions of yen)
	As of March 31, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Deposits (ending balance)		139,164,104		7,177,522			131,986,582
Deposits (average balance)		135,613,401		10,345,428			125,267,973
Loans (ending balance)		81,394,063		(5,297,663	)		86,691,727
Loans (average balance)		83,916,295		(534,571	)		84,450,867

MUTB Non-consolidated
	(in millions of yen)
	As of March 31, 2017 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Deposits (ending balance)		16,334,673		2,989,257			13,345,415
Deposits (average balance)		14,105,387		1,327,234			12,778,152
Loans (ending balance)		14,283,249		1,090,710			13,192,538
Loans (average balance)		13,578,485		851,570			12,726,915

Mitsubishi UFJ Financial Group, Inc.

13. Domestic Deposits

BTMU and MUTB Combined

(in millions of yen)

As of
March 31, 2017
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2016
(B)

Individuals

73,093,302

2,024,665

71,068,636

Corporations and others

61,050,366

8,268,055

52,782,310

Domestic deposits

134,143,669

10,292,721

123,850,947



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

BTMU Non-consolidated

(in millions of yen)

As of
March 31, 2017
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2016
(B)

Individuals

65,352,462

2,193,823

63,158,639

Corporations and others

54,147,045

5,394,401

48,752,644

Domestic deposits

119,499,507

7,588,224

111,911,283



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

MUTB Non-consolidated

(in millions of yen)

As of
March 31, 2017
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2016
(B)

Individuals

7,740,840

(169,157

)

7,909,997

Corporations and others

6,903,320

2,873,654

4,029,666

Domestic deposits

14,644,161

2,704,497

11,939,663



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 March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Deferred tax assets		531.3			4.4			526.8
Allowance for credit losses		242.9			(24.9	)		267.8
Write-down on investment securities		100.5			(16.9	)		117.5
Unrealized losses on Available-for-sale securities		10.6			(8.6	)		19.2
Reserve for retirement benefits		97.9			(0.7	)		98.7
Other		201.6			17.5			184.1
Valuation allowance		(122.4	)		38.2			(160.6	)
Deferred tax liabilities		886.8			(207.8	)		1,094.7
Unrealized gains on Available-for-sale securities		671.5			(84.7	)		756.3
Net deferred gains on hedges		65.4			(121.9	)		187.4
Revaluation gains on securities upon merger		62.2			0.2			62.0
Gains on securities contributed to employees’ retirement benefits trust		48.7			(1.0	)		49.8
Other		38.8			(0.2	)		39.0
Net deferred tax assets		(355.5	)		212.3			(567.8	)

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


	(in billions of yen)
	FY2011			FY2012			FY2013			FY2014			FY2015			FY2016
Net operating profits before provision for general allowance for credit losses		1,022.8			1,001.5			855.9			931.4			888.1			666.9
Total credit costs		(125.3	)		(56.6	)		17.0			(70.7	)		(103.4	)		(25.4	)
Income before income taxes		739.5			877.4			984.7			860.2			884.7			632.2
Reconciliation to taxable income		(305.1	)		(561.4	)		(336.2	)		(12.6	)		(113.3	)		(92.6	)
Taxable income		434.3			316.0			648.5			847.5			771.3			539.6

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

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 March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Deferred tax assets		48.0			(13.0	)		61.1
Gains on securities related to employees’ retirement benefits trust		22.2			7.4			14.8
Allowance for credit losses		19.2			6.8			12.4
Write-down on investment securities		8.9			(1.5	)		10.5
Deferred losses on hedging instruments		0.1			(29.6	)		29.8
Other		31.7			0.6			31.0
Valuation allowance		(34.2	)		3.2			(37.5	)
Deferred tax liabilities		277.9			(37.4	)		315.4
Unrealized gains on Available-for-sale securities		219.5			(40.2	)		259.8
Reserve for retirement benefits		46.5			2.4			44.0
Other		11.9			0.3			11.5
Net deferred tax assets		(229.8	)		24.4			(254.3	)

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


	(in billions of yen)
	FY2011			FY2012			FY2013			FY2014			FY2015			FY2016
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		148.1			162.2			162.9			190.4			193.0			181.4
Total credit costs		(9.2	)		(8.6	)		18.0			(0.4	)		(0.2	)		(22.5	)
Income before income taxes		113.5			173.5			184.4			201.4			218.6			156.3
Reconciliation to taxable income		(30.2	)		(84.9	)		(94.3	)		(40.4	)		(68.1	)		1.8
Taxable income		83.3			88.6			90.1			160.9			150.4			158.1

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

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

Mitsubishi UFJ Financial Group, Inc.

15. Retirement Benefits

MUFG Consolidated

(1) Benefit obligation


		(in millions of yen)
		As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Projected benefit obligation (reserve type)	(A)		2,281,064			(61,920	)		2,342,984
Projected benefit obligation (non-reserve type)	(B)		50,690			1,319			49,370
Fair value of plan assets	(C)		(2,874,087	)		(166,567	)		(2,707,520	)
Net amount recorded on the Consolidated Balance Sheet	(A) + (B) - (C)		(542,332	)		(227,167	)		(315,164	)
Net defined benefit liability			59,045			(3,745	)		62,791
Net defined benefit asset			(601,377	)		(223,422	)		(377,955	)
(2) Net periodic cost of retirement benefits
		(in millions of yen)
		For the fiscal year ended March 31, 2017 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2016 (B)
Net periodic cost of retirement benefits regarding defined benefit pension plans			64,216			34,539			29,677
Service cost			63,434			568			62,866
Interest cost			29,747			(6,750	)		36,497
Expected return on plan assets			(93,944	)		(1,384	)		(92,559	)
Amortization of unrecognized prior service cost			(5,043	)		3,872			(8,916	)
Amortization of unrecognized net actuarial loss			62,357			38,004			24,353
Other			7,666			229			7,436

(3) Assumptions used in calculation of projected benefit obligation


	As of March 31, 2017
Discount rates		Domestic consolidated subsidiaries	0.00% ~ 0.97%
		Overseas consolidated subsidiaries	1.80% ~ 11.39%
Expected return		Domestic consolidated subsidiaries	(0.05)% ~ 4.10%
		Overseas consolidated subsidiaries	2.40% ~ 11.39%

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Benefit obligation


		(in millions of yen)
		As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Projected benefit obligation	(A)		1,441,465			(49,750	)		1,491,216
Discount rates			0.6% ~ 0.9	%					0.5% ~ 0.7	%
Fair value of plan assets	(B)		1,731,253			111,608			1,619,644
Prepaid pension cost	(C)		270,907			12,796			258,110
Reserve for retirement benefits	(D)		8,939			428			8,510
Total amount unrecognized	(A) - (B) + (C) - (D)		(27,819	)		(148,990	)		121,170
Unrecognized net actuarial loss			(19,254	)		(150,830	)		131,576
Unrecognized prior service cost			(8,565	)		1,839			(10,405	)

(2) Net periodic cost

		(in millions of yen)
		For the fiscal year ended March 31, 2017 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2016 (B)
Net periodic cost of retirement benefits			54,455			21,411			33,043
Service cost			34,519			335			34,184
Interest cost			11,978			(3,384	)		15,362
Expected return on plan assets			(40,213	)		(4,845	)		(35,368	)
Amortization of unrecognized prior service cost			(1,841	)		1,898			(3,740	)
Amortization of unrecognized net actuarial loss			39,419			27,103			12,315
Other			10,593			302			10,290

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Benefit obligation


		(in millions of yen)
		As of March 31, 2017 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2016 (B)
Projected benefit obligation	(A)		328,576			(13,049	)		341,625
Discount rates			0.6% ~ 0.9	%					0.5% ~ 0.7	%
Fair value of plan assets	(B)		579,525			32,901			546,624
Prepaid pension cost	(C)		271,938			9,139			262,799
Reserve for retirement benefits	(D)		1,154			1,154			—
Total amount unrecognized	(A) - (B) + (C) - (D)		19,835			(37,965	)		57,800
Unrecognized net actuarial loss			17,152			(38,308	)		55,460
Unrecognized prior service cost			2,682			342			2,340

(2) Net periodic cost

		(in millions of yen)
		For the fiscal year ended March 31, 2017 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2016 (B)
Net periodic cost of retirement benefits			1,362			16,948			(15,586	)
Service cost			7,167			792			6,375
Interest cost			2,227			(1,082	)		3,309
Expected return on plan assets			(19,522	)		4,579			(24,102	)
Amortization of unrecognized prior service cost			(1,378	)		2,320			(3,698	)
Amortization of unrecognized net actuarial loss			12,427			10,338			2,089
Other			441			(0	)		441

Mitsubishi UFJ Financial Group, Inc.

(Reference)

2. Financial Statements

BTMU Non-consolidated

(1) Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2016			As of March 31, 2017
Assets:
Cash and due from banks		36,988,806			48,385,157
Call loans		196,063			231,509
Receivables under resale agreements		47,258			348,126
Receivables under securities borrowing transactions		446,292			5,569,376
Monetary claims bought		3,822,799			4,113,172
Trading assets		6,224,030			5,445,506
Money held in trust		57,656			24,145
Securities		48,913,432			42,235,515
Loans and bills discounted		86,691,727			81,394,063
Foreign exchanges		1,529,192			1,760,583
Other assets		7,881,852			6,877,190
Tangible fixed assets		858,747			855,651
Intangible fixed assets		380,570			375,430
Prepaid pension costs		258,110			270,907
Customers’ liabilities for acceptances and guarantees		6,630,945			6,867,455
Allowance for credit losses		(665,588	)		(563,216	)

Total assets		200,261,895			204,190,574

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2016			As of March 31, 2017
Liabilities:
Deposits		131,986,582			139,164,104
Negotiable certificates of deposit		6,796,352			6,536,329
Call money		167,028			372,403
Payables under repurchase agreements		10,415,799			4,417,551
Payables under securities lending transactions		1,892,928			3,042,298
Commercial papers		1,445,681			1,661,486
Trading liabilities		4,868,717			3,809,622
Borrowed money		11,445,727			16,425,610
Foreign exchanges		2,331,337			2,381,315
Bonds payable		4,304,538			3,269,912
Other liabilities		6,576,505			5,342,066
Reserve for bonuses		27,423			25,508
Reserve for bonuses to directors		110			114
Reserve for stocks payment		—			5,003
Reserve for retirement benefits		8,510			8,939
Reserve for loyalty award credits		1,348			1,375
Reserve for contingent losses		43,808			152,279
Deferred tax liabilities		567,867			355,549
Deferred tax liabilities for land revaluation		122,901			120,147
Acceptances and guarantees		6,630,945			6,867,455

Total liabilities		189,634,113			193,959,075

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		3,231,459			3,267,614
Revenue reserve		190,044			190,044
Other retained earnings		3,041,414			3,077,570
Funds for retirement benefits		2,432			2,432
Other reserve		718,196			718,196
Earned surplus brought forward		2,320,785			2,356,941
Treasury stock		(645,700	)		(645,700	)

Total shareholders’ equity		8,175,992			8,212,148

Net unrealized gains (losses) on available-for-sale securities		1,794,305			1,642,412
Net deferred gains (losses) on hedging instruments		423,084			148,777
Land revaluation excess		234,399			228,160

Total valuation and translation adjustments		2,451,789			2,019,351

Total net assets		10,627,781			10,231,499

Total liabilities and net assets		200,261,895			204,190,574

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(2) Non-consolidated Statements of Income


(in millions of yen)	For the fiscal year ended March 31, 2016		For the fiscal year ended March 31, 2017
Ordinary income		2,925,593		3,072,712
Interest income		1,582,079		1,667,790
Interest on loans and bills discounted		960,297		1,037,377
Interest and dividends on securities		471,589		474,162
Fees and commissions		665,589		660,690
Trading income		136,836		108,274
Other operating income		354,684		391,834
Other ordinary income		186,403		244,122
Ordinary expenses		2,061,857		2,440,506
Interest expenses		419,577		604,334
Interest on deposits		141,389		164,908
Fees and commissions		167,634		172,667
Other operating expenses		134,752		242,845
General and administrative expenses		1,145,579		1,189,031
Other ordinary expenses		194,313		231,628

Ordinary profits		863,736		632,205

Extraordinary gains		39,371		11,780
Extraordinary losses		18,405		11,701

Income before income taxes		884,702		632,284

Income taxes - current		262,781		164,367
Income taxes - deferred		35,854		(13,539	)

Total taxes		298,635		150,828

Net income		586,066		481,455

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2016			As of March 31, 2017
Assets:
Cash and due from banks		6,590,057			10,689,804
Call loans		240,231			267,590
Receivables under securities borrowing transactions		886,878			114,804
Monetary claims bought		523			15
Trading assets		372,594			553,416
Money held in trust		13,040			10,681
Securities		17,426,047			13,829,880
Loans and bills discounted		13,192,538			14,283,249
Foreign exchanges		36,875			77,433
Other assets		723,209			827,574
Tangible fixed assets		150,154			146,688
Intangible fixed assets		57,496			62,020
Prepaid pension costs		262,799			271,938
Customers’ liabilities for acceptances and guarantees		405,141			260,386
Allowance for credit losses		(37,084	)		(59,306	)

Total assets		40,320,504			41,336,180

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2016			As of March 31, 2017
Liabilities:
Deposits		13,345,415			16,334,673
Negotiable certificates of deposit		4,573,223			4,710,181
Call money		193,932			54,450
Payables under repurchase agreements		5,205,060			4,782,495
Payables under securities lending transactions		1,926,430			799,923
Commercial papers		628,243			540,057
Trading liabilities		150,560			139,686
Borrowed money		2,110,470			2,661,461
Foreign exchanges		418			38,157
Short-term bonds payable		126,993			239,999
Bonds payable		847,129			872,719
Due to trust accounts		7,152,449			6,738,770
Other liabilities		1,150,631			660,310
Reserve for bonuses		4,564			4,884
Reserve for bonuses to directors		41			57
Reserve for stocks payment		—			3,416
Reserve for retirement benefits		—			1,154
Reserve for contingent losses		7,632			7,478
Deferred tax liabilities		254,316			229,884
Deferred tax liabilities for land revaluation		4,336			4,335
Acceptances and guarantees		405,141			260,386

Total liabilities		38,086,991			39,084,484

Net assets:
Capital stock		324,279			324,279
Capital surplus		422,083			422,083
Capital reserve		250,619			250,619
Other capital surplus		171,464			171,464
Retained earnings		943,842			977,978
Revenue reserve		73,714			73,714
Other retained earnings		870,128			904,264
Funds for retirement benefits		710			710
Other reserve		138,495			138,495
Earned surplus brought forward		730,923			765,059

Total shareholders’ equity		1,690,205			1,724,341

Net unrealized gains (losses) on available-for-sale securities		614,205			529,191
Net deferred gains (losses) on hedging instruments		(67,592	)		(344	)
Land revaluation excess		(3,305	)		(1,493	)

Total valuation and translation adjustments		543,306			527,353

Total net assets		2,233,512			2,251,695

Total liabilities and net assets		40,320,504			41,336,180

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(2) Non-consolidated Statements of Income


(in millions of yen)	For the fiscal year ended March 31, 2016		For the fiscal year ended March 31, 2017
Ordinary income		571,346		622,721
Trust fees		90,917		94,645
Interest income		250,600		287,012
Interest on loans and bills discounted		92,660		99,323
Interest and dividends on securities		149,543		173,452
Fees and commissions		134,922		136,963
Trading income		21,536		1,017
Other operating income		46,704		73,617
Other ordinary income		26,664		29,465
Ordinary expenses		364,838		458,232
Interest expenses		86,686		128,740
Interest on deposits		23,442		24,583
Fees and commissions		30,115		31,056
Trading expenses		518		49
Other operating expenses		48,652		51,711
General and administrative expenses		185,319		212,608
Other ordinary expenses		13,545		34,066

Ordinary profits		206,507		164,488

Extraordinary gains		14,548		248
Extraordinary losses		2,443		8,432

Income before income taxes		218,612		156,305

Income taxes - current		51,881		50,055
Income taxes - deferred		6,749		(14,004	)

Total taxes		58,630		36,050

Net income		159,981		120,254

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, 2016		As of March 31, 2017
Assets:
Loans and bills discounted		150,571		204,237
Securities		53,614,888		53,054,465
Beneficiary rights to the trust		53,719,802		58,907,613
Securities held in custody accounts		3,339,160		3,259,572
Monetary claims		9,369,779		13,051,405
Tangible fixed assets		11,636,006		12,493,551
Intangible fixed assets		193,150		207,803
Other claims		4,364,029		3,950,126
Call loans		103,070		705,784
Due from banking account		12,745,624		9,100,260
Cash and due from banks		4,474,306		5,731,968

Total		153,710,390		160,666,790

Liabilities:
Money trusts		20,470,160		21,817,433
Pension trusts		14,950,257		12,741,687
Property formation benefit trusts		8,033		7,549
Investment trusts		58,519,398		63,323,815
Money entrusted other than money trusts		3,463,944		3,372,911
Securities trusts		5,350,832		5,399,262
Monetary claim trusts		8,799,495		12,195,074
Equipment trusts		59,923		66,298
Land and fixtures trusts		65,884		44,291
Composite trusts		42,022,461		41,698,466

Total		153,710,390		160,666,790



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

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, 2016		As of March 31, 2017
Assets:
Loans and bills discounted		23,111		18,293
Securities		116,704		89,677
Other		6,985,751		6,581,417

Total		7,125,567		6,689,388

Liabilities:
Principal		7,111,058		6,678,398
Allowance for bad debts		69		55
Other		14,439		10,934

Total		7,125,567		6,689,388

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(4) Major Items


(in millions of yen)	As of March 31, 2016		As of March 31, 2017
Total funds		53,347,090		55,611,525

Deposits		13,345,415		16,334,673
Negotiable certificates of deposit		4,573,223		4,710,181
Money trusts		20,470,160		21,817,433
Pension trusts		14,950,257		12,741,687
Property formation benefit trusts		8,033		7,549

Loans and bills discounted		13,343,110		14,487,486

Banking account		13,192,538		14,283,249
Trust account		150,571		204,237

Investment securities		71,040,936		66,884,346

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.