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 October 2018
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FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.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: October 31, 2018
| Mitsubishi UFJ Financial Group, Inc. | ||
| By: | /s/ Zenta Morokawa | |
| Name: | Zenta Morokawa | |
| Title: | Managing Director, Head of Documentation & Corporate Secretary Department, | |
| Corporate Administration Division | ||
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Mitsubishi UFJ Trust and Banking Corporation
Acquisition of shares of
Australian asset management firm,
Colonial First State Group Limited Subsidiaries
Tokyo, October 31, 2018 — Mitsubishi UFJ Trust and Banking Corporation (“the Trust Bank”), a consolidated subsidiary of MUFG, announced today that it has entered into a conditional Share Sale Deed with Australian financial group Commonwealth Bank of Australia (“CBA”) and its wholly-owned subsidiary Colonial First State Group Limited (together the “Sellers”), to acquire 100% of the shares in nine subsidiaries of Colonial First State Group Limited, which collectively, including their subsidiaries, represent the global asset management business of Colonial First State Global Asset Management (CFSGAM), from the Sellers (the “Proposed Transaction”).
| 1. | Purpose and Strategic Rationale of Proposed Transaction |
MUFG’s Asset Management & Investor Services Business Group aims to become “The unparalleled industry leader in Japan as well as a global player boasting significant presence overseas’’ in accordance with its Medium-term Business Plan for the three years from 2018. To achieve this goal of becoming a major player in the global asset management market, MUFG has been pursuing growth, centered on the Trust Bank, through inorganic investment, as well as enhancing its asset management capabilities and product competitiveness.
CFSGAM is a global asset management firm with A$210 billion[1] (JPY17 trillion) in assets under management (“AuM”) and is currently the third largest asset management firm by AuM in Asian markets excluding Japan. CFSGAM offers products across equities, alternatives and fixed income and has specialist capabilities in Asian and emerging markets, alternatives (property and infrastructure), as well as passive products.
Through this Proposed Transaction, the Trust Bank expects to be able to meet various client needs by expanding its product lineup and enhancing its presence as the largest asset management firm in the Asia/Oceania region. MUFG aims to work together with CFSGAM to continue delivering value to our current and future clients.
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| 2. | Outline of Proposed Transaction |
Subject to the satisfaction of conditions precedent (including obtaining necessary regulatory approvals) set out in the Share Sale Deed, the Trust Bank will acquire 100% of CFSGAM for total cash proceeds of approximately A$4.0 billion (JPY328 billion) [2] . The Proposed Transaction is expected to close in mid-2019.
| 3. | Overview of CFSGAM |
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Entities |
Colonial First State Asset Management (Australia) Limited Colonial First State Infrastructure Holdings Limited Colonial First State Managed Infrastructure Limited First State Investments Managers (Asia) Ltd First State Investment (UK Holdings) Limited First State Investments (US) LLC Realindex Investments Pty Limited CFSGAM IP Holdings Pty Limited CFSGAM Services Pty Limited
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Type of business
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Asset management, etc.
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Key locations
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Sydney, Edinburgh, Hong Kong, London, New York, Singapore, etc.
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Shareholder
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Colonial First State Group Limited 100%
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| 4. | Relationship with AMP Capital Holdings Ltd |
Lastly, reference is made in relation to the existing strategic alliance with AMP Capital Holdings Ltd (“AMP Capital”) because both CFSGAM and AMP Capital are investment managers with their main office located in Australia.
The strategic alliance with AMP Capital continues to be an integral part of MUFG’s asset management strategy because AMP Capital is expected to play an essential role to provide competitive investment capability in the midst of increasing demand for various products.
Notes:
| [1] | As of December, 31 2017. |
| [2] | Subject to certain purchase price adjustments as set out in the Share Sale Deed. |
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About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 1,800 locations in more than 50 countries. The Group has over 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
For more information, visit https://www.mufg.jp/english
About the Trust Bank
Mitsubishi UFJ Trust and Banking Corporation, as a core member of MUFG, provides its customers with a wide range of comprehensive financial solutions leveraging unique and highly professional functions as a leading trust bank. Such financial solutions include real estate, stock transfer agency, asset management and investor services, and inheritance related services, in addition to banking operations. We aim to realize our vision to be the trust bank that creates “a safe and affluent society” and “a bright future with our customers together” by always supporting our customers’ and society’s challenges based on Trust, and thus created a new key concept: “Trust Drives Our Future”.
For more information, visit https://www.tr.mufg.jp/english
Press contact:
Naokazu Matsuda
Public Relations Division
Tokyo/Head Office
Mitsubishi UFJ Financial Group, Inc.
T +81-3-5218-1815
E Naokazu_Matsuda@mufg.jp
Kazuto Yoshida
Public Relations Section, Corporate Planning Division
Tokyo/Head Office
Mitsubishi UFJ Trust and Banking Corporation
T +81-3-6214-6044
E kazuto_yoshida@tr.mufg.jp
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