UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June, 2008
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 offices)
[Indicate by check mark whether the registrant files or
will file annual reports under cover Form 20-F or Form 40-F.]
Form 20-F X Form 40-F
[Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]
Yes No X
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: June 23, 2008
| Mitsubishi UFJ Financial Group, Inc. | ||
| By: | /S/ Ryutaro Kusama | |
| Name: | Ryutaro Kusama | |
| Title: | Chief Manager, General Affairs Corporate Administration Division | |
Mitsubishi UFJ Financial Group, Inc.
(Code number: 8306)
Corrections to “Consolidated Summary Reports”, “Interim Consolidated Summary Report” and “Risk-Adjusted Capital Ratios Based on the Basel 2 Standards”
Tokyo, June 23, 2008 — Mitsubishi UFJ Financial Group, Inc. today announced corrections to the following disclosure materials as shown in the appendices.
| Release Date | Disclosure Materials | |
| May 20, 2008 | Consolidated Summary Report for the Fiscal Year Ended March 31, 2008 | |
| February 21, 2008 | Risk-Adjusted Capital Ratio Based on the Basel 2 Standards for the Third Quarter Ended December 31, 2007 | |
| November 21, 2007 | Interim Consolidated Summary Report for the Fiscal Year Ending March 31, 2008 | |
| August 20, 2007 | Risk-Adjusted Capital Ratio Based on the Basel 2 Standards for the First Quarter Ended June 30, 2007 | |
| May 23, 2007 | Consolidated Summary Report for the Fiscal Year Ended March 31, 2007 | |
* * *
Contact:
Mitsubishi UFJ Financial Group, Inc.
Financial Planning Division
Tel: 81-3-3240-6770
Appendix 1
Corrections to Risk-Adjusted Capital Ratios Based on the Basel 2 Standards
A summary of the items and figures to be corrected is as follows (with corrected figures underlined).
Please refer to Appendix 2 for the relevant corrections to the disclosure materials (with corrected figures underlined).
(Before correction)
MUFG Consolidated
| (in billions of yen) | |||||||||||||||||
| As of March 31, 2008 |
As of December 31, 2007 |
As of September 30, 2007 |
As of June 30, 2007 |
As of March 31, 2007 |
|||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.26 | % | 12.07 | % | 12.65 | % | 12.95 | % | 12.58 | % | ||||||
| Tier 1 ratio |
7.64 | % | 7.55 | % | 7.73 | % | 7.73 | % | 7.59 | % | |||||||
| (2) |
Tier 1 capital |
8,294.2 | 8,112.8 | 8,230.7 | 8,190.3 | 8,054.8 | |||||||||||
| (3) |
Qualified Tier 2 capital |
4,441.8 | 5,312.7 | 5,644.6 | 5,936.0 | 5,718.2 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||
| (5) |
Deductions from total qualifying capital |
517.0 | 464.4 | 415.9 | 410.4 | 423.9 | |||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
12,218.9 | 12,961.2 | 13,459.5 | 13,715.9 | 13,349.1 | |||||||||||
| (7) |
Risk-adjusted assets |
108,447.8 | 107,381.8 | 106,396.2 | 105,886.2 | 106,048.2 | |||||||||||
| BTMU Consolidated | |||||||||||||||||
| (in billions of yen) | |||||||||||||||||
| As of March 31, 2008 |
As of December 31, 2007 |
As of September 30, 2007 |
As of June 30, 2007 |
As of March 31, 2007 |
|||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.28 | % | 12.17 | % | 12.52 | % | 13.18 | % | 12.83 | % | ||||||
| Tier 1 ratio |
7.48 | % | 7.53 | % | 7.46 | % | 7.80 | % | 7.71 | % | |||||||
| (2) |
Tier 1 capital |
7,038.0 | 6,990.9 | 6,801.9 | 7,030.9 | 6,975.5 | |||||||||||
| (3) |
Qualified Tier 2 capital |
3,917.5 | 4,644.6 | 4,935.2 | 5,160.9 | 4,940.8 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||
| (5) |
Deductions from total qualifying capital |
341.4 | 337.7 | 321.5 | 317.1 | 309.8 | |||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
10,614.1 | 11,297.7 | 11,415.6 | 11,874.6 | 11,606.5 | |||||||||||
| (7) |
Risk-adjusted assets |
94,059.1 | 92,807.6 | 91,169.0 | 90,051.4 | 90,456.8 | |||||||||||
| (After correction) |
|||||||||||||||||
| MUFG Consolidated | |||||||||||||||||
| (in billions of yen) | |||||||||||||||||
| As of March 31, 2008 |
As of December 31, 2007 |
As of September 30, 2007 |
As of June 30, 2007 |
As of March 31, 2007 |
|||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.19 | % | 11.99 | % | 12.54 | % | 12.80 | % | 12.54 | % | ||||||
| Tier 1 ratio |
7.60 | % | 7.50 | % | 7.67 | % | 7.64 | % | 7.57 | % | |||||||
| (2) |
Tier 1 capital |
8,293.7 | 8,112.8 | 8,230.7 | 8,190.3 | 8,054.8 | |||||||||||
| (3) |
Qualified Tier 2 capital |
4,441.8 | 5,310.5 | 5,643.2 | 5,932.1 | 5,717.9 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||
| (5) |
Deductions from total qualifying capital |
519.7 | 465.5 | 417.5 | 414.7 | 428.3 | |||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
12,215.8 | 12,957.8 | 13,456.4 | 13,707.7 | 13,344.4 | |||||||||||
| (7) |
Risk-adjusted assets |
109,075.6 | 108,066.3 | 107,270.3 | 107,069.0 | 106,395.5 | |||||||||||
| BTMU Consolidated | |||||||||||||||||
| (in billions of yen) | |||||||||||||||||
| As of March 31, 2008 |
As of December 31, 2007 |
As of September 30, 2007 |
As of June 30, 2007 |
As of March 31, 2007 |
|||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.20 | % | 12.13 | % | 12.39 | % | 13.00 | % | 12.77 | % | ||||||
| Tier 1 ratio |
7.43 | % | 7.51 | % | 7.38 | % | 7.70 | % | 7.68 | % | |||||||
| (2) |
Tier 1 capital |
7,037.5 | 6,990.9 | 6,801.9 | 7,030.9 | 6,975.5 | |||||||||||
| (3) |
Qualified Tier 2 capital |
3,917.5 | 4,642.3 | 4,933.8 | 5,156.9 | 4,940.5 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||
| (5) |
Deductions from total qualifying capital |
344.1 | 338.9 | 323.1 | 321.4 | 314.2 | |||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
10,611.0 | 11,294.3 | 11,412.6 | 11,866.4 | 11,601.9 | |||||||||||
| (7) |
Risk-adjusted assets |
94,686.8 | 93,054.4 | 92,043.0 | 91,234.1 | 90,804.0 | |||||||||||
Note: Risk-adjusted capital ratios of BTMU (Non-consolidated) have also been corrected.
Please be informed that the following materials disclosed on our website have also been corrected based on the corrections set forth in this announcement.
(Corrected materials)
| • | Financial Highlights (Interim and Fiscal Year ended Mar. 31, 2008, Fiscal Year ended Mar. 31, 2007) |
| • | Summary of MUFG Financial Results (Interim and Fiscal Year ended Mar. 31, 2008, Fiscal Year ended Mar. 31, 2007) |
| • | Investor Meeting Presentation Material, Databook (Interim and Fiscal Year ended Mar. 31, 2008, Fiscal Year ended Mar. 31, 2007, etc.) |
| • | Corporate Review 2007, Basel II Disclosure (Interim of Fiscal Year ended Mar. 31, 2008 and Fiscal Year ended Mar. 31, 2007), MUFG Fact Book (Interim and Fiscal Year ended Mar. 31, 2008, Fiscal Year ended Mar. 31, 2007) |
| • | FAQs on IR Website |
Appendix 2
| n | Consolidated Summary Report <under Japanese GAAP> |
for the fiscal year ended March 31, 2008
| ¡ | Page 1 (Consolidated Summary Report) |
1. Consolidated financial data for the fiscal year ended March 31, 2008
(2) Financial Conditions
| • | Risk-adjusted Capital Ratio |
| Before correction | After correction | |||||||||
| % | % | |||||||||
| As of |
||||||||||
| March 31, 2008 |
(Preliminary | ) | 11.26 | (Preliminary | ) | 11.19 | ||||
| March 31, 2007 |
12.58 | 12.54 | ||||||||
| ¡ | Page 5 (Consolidated Summary Report) |
1. Result of Operations and Financial Condition (2) Financial condition
| • | Fourth paragraph |
| Before correction |
After correction | |
| The consolidated risk-adjusted capital ratio based on the Basel 2 Standards as of March 31, 2008 was 11.26% (on a preliminary basis), a decrease of 1.32% from March 31, 2007. The following table shows our consolidated risk -adjusted capital ratio as of March 31, 2007, September 30, 2007 and March 31, 2008. |
The consolidated risk-adjusted capital ratio based on the Basel 2 Standards as of March 31, 2008 was 11.19% (on a preliminary basis), a decrease of 1.34% from March 31, 2007. The following table shows our consolidated risk -adjusted capital ratio as of March 31, 2007, September 30, 2007 and March 31, 2008. |
| • | Table |
(Before correction)
| (in billions of yen) | |||||||||
| As of March 31, 2007 |
As of September 30, 2007 |
As of March 31, 2008 (Preliminary basis) |
|||||||
| Tier 1 capital |
8,054.8 | 8,230.7 | 8,294.2 | ||||||
| Qualified Tier 2 capital |
5,718.2 | 5,644.6 | 4,441.8 | ||||||
| Qualified Tier 3 capital |
— | — | — | ||||||
| Deductions from total qualifying capital |
423.9 | 415.9 | 517.0 | ||||||
| Net qualifying capital |
13,349.1 | 13,459.5 | 12,218.9 | ||||||
| Risk-adjusted assets |
106,048.2 | 106,396.2 | 108,447.8 | ||||||
| Risk-adjusted capital ratio |
12.58 | % | 12.65 | % | 11.26 | % | |||
| (After correction) |
|||||||||
| (in billions of yen) | |||||||||
| As of March 31, 2007 |
As of September 30, 2007 |
As of March 31, 2008 (Preliminary basis) |
|||||||
| Tier 1 capital |
8,054.8 | 8,230.7 | 8,293.7 | ||||||
| Qualified Tier 2 capital |
5,717.9 | 5,643.2 | 4,441.8 | ||||||
| Qualified Tier 3 capital |
— | — | — | ||||||
| Deductions from total qualifying capital |
428.3 | 417.5 | 519.7 | ||||||
| Net qualifying capital |
13,344.4 | 13,456.4 | 12,215.8 | ||||||
| Risk-adjusted assets |
106,395.5 | 107,270.3 | 109,075.6 | ||||||
| Risk-adjusted capital ratio |
12.54 | % | 12.54 | % | 11.19 | % | |||
| ¡ | Page 13 (Consolidated Summary Report) |
3. Management Policy (3) Key issues
(2) Pursuit of growth strategies
| • | Second paragraph |
| Before correction |
After correction | |
| (omitted)
For equity capital we are aiming to maintain an equity capital ratio of 12% (11.26% at end of the current fiscal year) and targeting a Tier 1 ratio of 8% (7.64% at end of the current fiscal year). With regard to returns to shareholders, we will strive to increase dividends in a sustainable manner, and we will also continue working to increase the dividend payout ratio to more than 20% of consolidated net income. |
(omitted)
For equity capital we are aiming to maintain an equity capital ratio of 12% (11.19% at end of the current fiscal year) and targeting a Tier 1 ratio of 8% (7.60% at end of the current fiscal year). With regard to returns to shareholders, we will strive to increase dividends in a sustainable manner, and we will also continue working to increase the dividend payout ratio to more than 20% of consolidated net income. |
| ¡ | Page 23 (Selected Financial Information) |
I. Financial Highlights under Japanese GAAP for the Fiscal Year Ended March 31, 2008
8. Risk-Adjusted Capital Ratio Based on the Basel 2 Standards
(Before correction)
MUFG Consolidated
| (in billions of yen) | |||||||||||||||||||
| As of March 31, 2008 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
Increase/ (Decrease) (A) - (C) |
As of March 31, 2007 (B) |
As of September 30, 2007 (C) |
|||||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.26 | % | (1.32 | )% | (1.38 | )% | 12.58 | % | 12.65 | % | ||||||||
| Tier 1 ratio |
7.64 | % | 0.05 | % | (0.08 | )% | 7.59 | % | 7.73 | % | |||||||||
| (2) |
Tier 1 capital |
8,294.2 | 239.3 | 63.4 | 8,054.8 | 8,230.7 | |||||||||||||
| (3) |
Qualified Tier 2 capital |
4,441.8 | (1,276.4 | ) | (1,202.8 | ) | 5,718.2 | 5,644.6 | |||||||||||
| i) |
The amount of unrealized gains on investment securities |
462.4 | (1,079.3 | ) | (893.1 | ) | 1,541.7 | 1,355.6 | |||||||||||
| ii) |
The amount of land revaluation excess |
154.2 | (5.1 | ) | (4.2 | ) | 159.3 | 158.4 | |||||||||||
| iii) |
Subordinated debts |
3,639.5 | (204.8 | ) | (124.0 | ) | 3,844.3 | 3,763.6 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||||
| (5) |
Deductions from total qualifying capital |
517.0 | 93.0 | 101.1 | 423.9 | 415.9 | |||||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
12,218.9 | (1,130.1 | ) | (1,240.5 | ) | 13,349.1 | 13,459.5 | |||||||||||
| (7) |
Risk-adjusted assets |
108,447.8 | 2,399.6 | 2,051.5 | 106,048.2 | 106,396.2 | |||||||||||||
| BTMU Consolidated | |||||||||||||||||||
| (in billions of yen) | |||||||||||||||||||
| As of March 31, 2008 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
Increase/ (Decrease) (A) - (C) |
As of March 31, 2007 (B) |
As of September 30, 2007 (C) |
|||||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.28 | % | (1.54 | )% | (1.23 | )% | 12.83 | % | 12.52 | % | ||||||||
| Tier 1 ratio |
7.48 | % | (0.22 | )% | 0.02 | % | 7.71 | % | 7.46 | % | |||||||||
| (2) |
Tier 1 capital |
7,038.0 | 62.4 | 236.0 | 6,975.5 | 6,801.9 | |||||||||||||
| (3) |
Qualified Tier 2 capital |
3,917.5 | (1,023.2 | ) | (1,017.6 | ) | 4,940.8 | 4,935.2 | |||||||||||
| i) |
The amount of unrealized gains on investment securities |
233.7 | (855.4 | ) | (725.9 | ) | 1,089.2 | 959.6 | |||||||||||
| ii) |
The amount of land revaluation excess |
190.4 | (6.8 | ) | (5.7 | ) | 197.2 | 196.1 | |||||||||||
| iii) |
Subordinated debts |
3,307.9 | (132.1 | ) | (116.3 | ) | 3,440.1 | 3,424.3 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||||
| (5) |
Deductions from total qualifying capital |
341.4 | 31.6 | 19.9 | 309.8 | 321.5 | |||||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
10,614.1 | (992.4 | ) | (801.5 | ) | 11,606.5 | 11,415.6 | |||||||||||
| (7) |
Risk-adjusted assets |
94,059.1 | 3,602.3 | 2,890.0 | 90,456.8 | 91,169.0 | |||||||||||||
(After correction)
MUFG Consolidated
| (in billions of yen) | |||||||||||||||||||
| As of March 31, 2008 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
Increase/ (Decrease) (A) - (C) |
As of March 31, 2007 (B) |
As of September 30, 2007 (C) |
|||||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.19 | % | (1.34 | )% | (1.34 | )% | 12.54 | % | 12.54 | % | ||||||||
| Tier 1 ratio |
7.60 | % | 0.03 | % | (0.06 | )% | 7.57 | % | 7.67 | % | |||||||||
| (2) |
Tier 1 capital |
8,293.7 | 238.8 | 62.9 | 8,054.8 | 8,230.7 | |||||||||||||
| (3) |
Qualified Tier 2 capital |
4,441.8 | (1,276.1 | ) | (1,201.4 | ) | 5,717.9 | 5,643.2 | |||||||||||
| i) |
The amount of unrealized gains on investment securities |
462.4 | (1,079.3 | ) | (893.1 | ) | 1,541.7 | 1,355.6 | |||||||||||
| ii) |
The amount of land revaluation excess |
154.2 | (5.1 | ) | (4.2 | ) | 159.3 | 158.4 | |||||||||||
| iii) |
Subordinated debts |
3,639.5 | (204.8 | ) | (124.0 | ) | 3,844.3 | 3,763.6 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||||
| (5) |
Deductions from total qualifying capital |
519.7 | 91.3 | 102.1 | 428.3 | 417.5 | |||||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
12,215.8 | (1,128.6 | ) | (1,240.6 | ) | 13,344.4 | 13,456.4 | |||||||||||
| (7) |
Risk-adjusted assets |
109,075.6 | 2,680.1 | 1,805.2 | 106,395.5 | 107,270.3 | |||||||||||||
| BTMU Consolidated | |||||||||||||||||||
| (in billions of yen) | |||||||||||||||||||
| As of March 31, 2008 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
Increase/ (Decrease) (A) - (C) |
As of March 31, 2007 (B) |
As of September 30, 2007 (C) |
|||||||||||||||
| (1) |
Risk-adjusted capital ratio |
11.20 | % | (1.57 | )% | (1.19 | )% | 12.77 | % | 12.39 | % | ||||||||
| Tier 1 ratio |
7.43 | % | (0.24 | )% | 0.04 | % | 7.68 | % | 7.38 | % | |||||||||
| (2) |
Tier 1 capital |
7,037.5 | 61.9 | 235.6 | 6,975.5 | 6,801.9 | |||||||||||||
| (3) |
Qualified Tier 2 capital |
3,917.5 | (1,022.9 | ) | (1,016.2 | ) | 4,940.5 | 4,933.8 | |||||||||||
| i) |
The amount of unrealized gains on investment securities |
233.7 | (855.4 | ) | (725.9 | ) | 1,089.2 | 959.6 | |||||||||||
| ii) |
The amount of land revaluation excess |
190.4 | (6.8 | ) | (5.7 | ) | 197.2 | 196.1 | |||||||||||
| iii) |
Subordinated debts |
3,307.9 | (132.1 | ) | (116.3 | ) | 3,440.1 | 3,424.3 | |||||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | — | — | |||||||||||||
| (5) |
Deductions from total qualifying capital |
344.1 | 29.9 | 20.9 | 314.2 | 323.1 | |||||||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
10,611.0 | (990.8 | ) | (801.5 | ) | 11,601.9 | 11,412.6 | |||||||||||
| (7) |
Risk-adjusted assets |
94,686.8 | 3,882.8 | 2,643.7 | 90,804.0 | 92,043.0 | |||||||||||||
| n | Risk-Adjusted Capital Ratio Based on the Basel 2 Standards for the Third Quarter Ended December 31, 2007 |
(Before correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | ||||||||
| As of December 31, 2007 |
As of March 31, 2007 |
|||||||
| (1) |
Risk-adjusted capital ratio ** |
12.07 | % | 12.58 | % | |||
| (2) |
Tier 1 ratio |
7.55 | % | 7.59 | % | |||
| (3) |
Tier 1 capital |
8,112.8 | 8,054.8 | |||||
| (4) |
Qualified Tier 2 capital |
5,312.7 | 5,718.2 | |||||
| (5) |
Qualified Tier 3 capital |
— | — | |||||
| (6) |
Deductions from total qualifying capital |
464.4 | 423.9 | |||||
| (7) |
Net qualifying capital (3) + (4) + (5) - (6) |
12,961.2 | 13,349.1 | |||||
| (8) |
Risk-adjusted assets |
107,381.8 | 106,048.2 | |||||
| (9) |
Required Capital * |
8,590.5 | 8,483.8 | |||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated) | ||||||||
| (in billions of yen) | ||||||||
| As of December 31, 2007 |
As of March 31, 2007 |
|||||||
| (1) |
Risk-adjusted capital ratio *** |
12.17 | % | 12.83 | % | |||
| (2) |
Tier 1 ratio |
7.53 | % | 7.71 | % | |||
| (3) |
Tier 1 capital |
6,990.9 | 6,975.5 | |||||
| (4) |
Qualified Tier 2 capital |
4,644.6 | 4,940.8 | |||||
| (5) |
Qualified Tier 3 capital |
— | — | |||||
| (6) |
Deductions from total qualifying capital |
337.7 | 309.8 | |||||
| (7) |
Net qualifying capital (3) + (4) + (5) - (6) |
11,297.7 | 11,606.5 | |||||
| (8) |
Risk-adjusted assets |
92,807.6 | 90,456.8 | |||||
| (9) |
Required Capital * |
7,424.6 | 7,236.5 | |||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Non-Consolidated) | ||||||||
| (in billions of yen) | ||||||||
| As of December 31, 2007 |
As of March 31, 2007 |
|||||||
| (1) |
Risk-adjusted capital ratio *** |
12.61 | % | 13.21 | % | |||
| (2) |
Tier 1 ratio |
7.86 | % | 7.95 | % | |||
| (3) |
Tier 1 capital |
6,455.2 | 6,428.5 | |||||
| (4) |
Net qualifying capital |
10,354.6 | 10,682.6 | |||||
| (5) |
Risk-adjusted assets |
82,074.3 | 80,831.9 | |||||
| (6) |
Required Capital * |
6,565.9 | 6,466.5 | |||||
(After correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | ||||||||
| As of December 31, 2007 |
As of March 31, 2007 |
|||||||
| (1) |
Risk-adjusted capital ratio ** |
11.99 | % | 12.54 | % | |||
| (2) |
Tier 1 ratio |
7.50 | % | 7.57 | % | |||
| (3) |
Tier 1 capital |
8,112.8 | 8,054.8 | |||||
| (4) |
Qualified Tier 2 capital |
5,310.5 | 5,717.9 | |||||
| (5) |
Qualified Tier 3 capital |
— | — | |||||
| (6) |
Deductions from total qualifying capital |
465.5 | 428.3 | |||||
| (7) |
Net qualifying capital (3) + (4) + (5) - (6) |
12,957.8 | 13,344.4 | |||||
| (8) |
Risk-adjusted assets |
108,066.3 | 106,395.5 | |||||
| (9) |
Required Capital * |
8,645.3 | 8,511.6 | |||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated) | ||||||||
| (in billions of yen) | ||||||||
| As of December 31, 2007 |
As of March 31, 2007 |
|||||||
| (1) |
Risk-adjusted capital ratio *** |
12.13 | % | 12.77 | % | |||
| (2) |
Tier 1 ratio |
7.51 | % | 7.68 | % | |||
| (3) |
Tier 1 capital |
6,990.9 | 6,975.5 | |||||
| (4) |
Qualified Tier 2 capital |
4,642.3 | 4,940.5 | |||||
| (5) |
Qualified Tier 3 capital |
— | — | |||||
| (6) |
Deductions from total qualifying capital |
338.9 | 314.2 | |||||
| (7) |
Net qualifying capital (3) + (4) + (5) - (6) |
11,294.3 | 11,601.9 | |||||
| (8) |
Risk-adjusted assets |
93,054.4 | 90,804.0 | |||||
| (9) |
Required Capital * |
7,444.3 | 7,264.3 | |||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Non-Consolidated) | ||||||||
| (in billions of yen) | ||||||||
| As of December 31, 2007 |
As of March 31, 2007 |
|||||||
| (1) |
Risk-adjusted capital ratio *** |
12.50 | % | 13.15 | % | |||
| (2) |
Tier 1 ratio |
7.80 | % | 7.91 | % | |||
| (3) |
Tier 1 capital |
6,455.2 | 6,428.4 | |||||
| (4) |
Net qualifying capital |
10,351.2 | 10,678.0 | |||||
| (5) |
Risk-adjusted assets |
82,758.8 | 81,179.1 | |||||
| (6) |
Required Capital * |
6,620.7 | 6,494.3 | |||||
| n | Interim Consolidated Summary Report <under Japanese GAAP> |
for the fiscal year ending March 31, 2008
| ¡ | Page 1 (Interim Consolidated Summary Report) |
1. Consolidated financial data for the six months ended September 30, 2007
(2) Financial Condition
| • | Risk-adjusted Capital Ratio |
| Before correction | After correction | |||||||||
| % | % | |||||||||
| As of |
||||||||||
| September 30, 2007 |
(Preliminary | ) | 12.65 | (Preliminary | ) | 12.54 | ||||
| September 30, 2006 |
11.95 | 11.95 | ||||||||
| March 31, 2007 |
12.58 | 12.54 | ||||||||
| ¡ | Page 5 (Interim Consolidated Summary Report) |
1. Result of Operations and Financial Condition
(2) Financial condition
| • | Fourth paragraph |
| Before correction |
After correction | |
| MUFG’s consolidated risk-adjusted capital ratio based on the Basel 2 Standards as of September 30, 2007 was 12.65 % (Preliminary basis), an increase of 0.06 percentage points from March 31, 2007. The following table shows the MUFG’s consolidated risk adjusted capital ratio as of March 31, 2007 and September 30, 2007. |
MUFG’s consolidated risk-adjusted capital ratio based on the Basel 2 Standards as of September 30, 2007 was 12.54 % (Preliminary basis), the same level compared with the ratio as of March 31, 2007. The following table shows the MUFG’s consolidated risk adjusted capital ratio as of March 31, 2007and September 30, 2007. |
| • | Table |
(Before correction)
| (in billions of yen) | ||||||
| As of March 31, 2007 |
As of September 30, 2007 (Preliminary basis) |
|||||
| Tier 1 capital |
8,054.8 | 8,230.7 | ||||
| Qualified Tier 2 capital |
5,718.2 | 5,644.6 | ||||
| Qualified Tier 3 capital |
— | — | ||||
| Deductions from total qualifying capital |
423.9 | 415.9 | ||||
| Net qualifying capital |
13,349.1 | 13,459.5 | ||||
| Risk-adjusted assets |
106,048.2 | 106,396.2 | ||||
| Risk-adjusted capital ratio |
12.58 | % | 12.65 | % | ||
| (After correction) |
||||||
| (in billions of yen) | ||||||
| As of March 31, 2007 |
As of September 30, 2007 (Preliminary basis) |
|||||
| Tier 1 capital |
8,054.8 | 8,230.7 | ||||
| Qualified Tier 2 capital |
5,717.9 | 5,643.2 | ||||
| Qualified Tier 3 capital |
— | — | ||||
| Deductions from total qualifying capital |
428.3 | 417.5 | ||||
| Net qualifying capital |
13,344.4 | 13,456.4 | ||||
| Risk-adjusted assets |
106,395.5 | 107,270.3 | ||||
| Risk-adjusted capital ratio |
12.54 | % | 12.54 | % | ||
| ¡ | Page 12 (Interim Consolidated Summary Report) |
3. Management Policy (4) Key issues
(1) Become one of the top five global financial institutions in terms of market capitalization by executing growth strategies
| • | Second paragraph |
| Before correction |
After correction | |
| (omitted)
For equity capital we are aiming to maintain an equity capital ratio of 12% (12.65% at end of the current interim period) and targeting a Tier 1 ratio of 8% (7.73% at the end of the current interim period). In regard to returns to shareholders we will strive to increase dividends in a sustainable manner, while over the medium term, we will work to raise the dividend payout ratio to around 20% of consolidated net income (12.7% in fiscal 2006). |
(omitted)
For equity capital we are aiming to maintain an equity capital ratio of 12% (12.54% at end of the current interim period) and targeting a Tier 1 ratio of 8% (7.67% at the end of the current interim period). In regard to returns to shareholders we will strive to increase dividends in a sustainable manner, while over the medium term, we will work to raise the dividend payout ratio to around 20% of consolidated net income (12.7% in fiscal 2006). | |
| ¡ | Page 25 (Selected Interim Financial Information) |
I. Interim Financial Highlights under Japanese GAAP for the Fiscal Year Ended March 31, 2008
8. Risk-Adjusted Capital Ratio Based on the Basel 2 Standards
(Before correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | |||||||||||||
| As of September 30, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2007 (B) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.65 | % | 0.06 | % | 12.58 | % | ||||||
| Tier 1 ratio |
7.73 | % | 0.14 | % | 7.59 | % | |||||||
| (2) |
Tier 1 capital |
8,230.7 | 175.9 | 8,054.8 | |||||||||
| (3) |
Qualified Tier 2 capital |
5,644.6 | (73.5 | ) | 5,718.2 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
1,355.6 | (186.1 | ) | 1,541.7 | ||||||||
| ii) |
The amount of land revaluation excess |
158.4 | (0.8 | ) | 159.3 | ||||||||
| iii) |
Subordinated debts |
3,763.6 | (80.7 | ) | 3,844.3 | ||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
415.9 | (8.0 | ) | 423.9 | ||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
13,459.5 | 110.4 | 13,349.1 | |||||||||
| (7) |
Risk-adjusted assets |
106,396.2 | 348.0 | 106,048.2 | |||||||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated) | |||||||||||||
| (in billions of yen) | |||||||||||||
| As of September 30, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2007 (B) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.52 | % | (0.30 | )% | 12.83 | % | ||||||
| Tier 1 ratio |
7.46 | % | (0.25 | )% | 7.71 | % | |||||||
| (2) |
Tier 1 capital |
6,801.9 | (173.6 | ) | 6,975.5 | ||||||||
| (3) |
Qualified Tier 2 capital |
4,935.2 | (5.5 | ) | 4,940.8 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
959.6 | (129.5 | ) | 1,089.2 | ||||||||
| ii) |
The amount of land revaluation excess |
196.1 | (1.0 | ) | 197.2 | ||||||||
| iii) |
Subordinated debts |
3,424.3 | (15.7 | ) | 3,440.1 | ||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
321.5 | 11.7 | 309.8 | |||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
11,415.6 | (190.9 | ) | 11,606.5 | ||||||||
| (7) |
Risk-adjusted assets |
91,169.0 | 712.2 | 90,456.8 | |||||||||
(After correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | |||||||||||||
| As of September 30, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2007 (B) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.54 | % | 0.00 | % | 12.54 | % | ||||||
| Tier 1 ratio |
7.67 | % | 0.10 | % | 7.57 | % | |||||||
| (2) |
Tier 1 capital |
8,230.7 | 175.9 | 8,054.8 | |||||||||
| (3) |
Qualified Tier 2 capital |
5,643.2 | (74.7 | ) | 5,717.9 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
1,355.6 | (186.1 | ) | 1,541.7 | ||||||||
| ii) |
The amount of land revaluation excess |
158.4 | (0.8 | ) | 159.3 | ||||||||
| iii) |
Subordinated debts |
3,763.6 | (80.7 | ) | 3,844.3 | ||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
417.5 | (10.8 | ) | 428.3 | ||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
13,456.4 | 112.0 | 13,344.4 | |||||||||
| (7) |
Risk-adjusted assets |
107,270.3 | 874.8 | 106,395.5 | |||||||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated) | |||||||||||||
| (in billions of yen) | |||||||||||||
| As of September 30, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2007 (B) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.39 | % | (0.37 | )% | 12.77 | % | ||||||
| Tier 1 ratio |
7.38 | % | (0.29 | )% | 7.68 | % | |||||||
| (2) |
Tier 1 capital |
6,801.9 | (173.6 | ) | 6,975.5 | ||||||||
| (3) |
Qualified Tier 2 capital |
4,933.8 | (6.7 | ) | 4,940.5 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
959.6 | (129.5 | ) | 1,089.2 | ||||||||
| ii) |
The amount of land revaluation excess |
196.1 | (1.0 | ) | 197.2 | ||||||||
| iii) |
Subordinated debts |
3,424.3 | (15.7 | ) | 3,440.1 | ||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
323.1 | 8.9 | 314.2 | |||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
11,412.6 | (189.3 | ) | 11,601.9 | ||||||||
| (7) |
Risk-adjusted assets |
92,043.0 | 1,239.0 | 90,804.0 | |||||||||
| n | Risk-Adjusted Capital Ratio Based on the Basel 2 Standards for the First Quarter Ended June 30, 2007 |
(Before correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | ||||||
| As of June 30, 2007 |
As of March 31, 2007 |
|||||
| (1) Risk-adjusted capital ratio ** |
12.95 | % | 12.58 | % | ||
| (2) Tier 1 ratio |
7.73 | % | 7.59 | % | ||
| (3) Tier 1 capital |
8,190.3 | 8,054.8 | ||||
| (4) Qualified Tier 2 capital |
5,936.0 | 5,718.2 | ||||
| (5) Qualified Tier 3 capital |
— | — | ||||
| (6) Deductions from total qualifying capital |
410.4 | 423.9 | ||||
| (7) Net qualifying capital (3) + (4) + (5) - (6) |
13,715.9 | 13,349.1 | ||||
| (8) Risk-adjusted assets |
105,886.2 | 106,048.2 | ||||
| (9) Required Capital * |
8,470.9 | 8,483.8 | ||||
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated)
| (in billions of yen) | ||||||
| As of June 30, 2007 |
As of March 31, 2007 |
|||||
| (1) Risk-adjusted capital ratio *** |
13.18 | % | 12.83 | % | ||
| (2) Tier 1 ratio |
7.80 | % | 7.71 | % | ||
| (3) Tier 1 capital |
7,030.9 | 6,975.5 | ||||
| (4) Qualified Tier 2 capital |
5,160.9 | 4,940.8 | ||||
| (5) Qualified Tier 3 capital |
— | — | ||||
| (6) Deductions from total qualifying capital |
317.1 | 309.8 | ||||
| (7) Net qualifying capital (3) + (4) + (5) - (6) |
11,874.6 | 11,606.5 | ||||
| (8) Risk-adjusted assets |
90,051.4 | 90,456.8 | ||||
| (9) Required Capital * |
7,204.1 | 7,236.5 | ||||
(After correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | ||||||
| As of June 30, 2007 |
As of March 31, 2007 |
|||||
| (1) Risk-adjusted capital ratio ** |
12.80 | % | 12.54 | % | ||
| (2) Tier 1 ratio |
7.64 | % | 7.57 | % | ||
| (3) Tier 1 capital |
8,190.3 | 8,054.8 | ||||
| (4) Qualified Tier 2 capital |
5,932.1 | 5,717.9 | ||||
| (5) Qualified Tier 3 capital |
— | — | ||||
| (6) Deductions from total qualifying capital |
414.7 | 428.3 | ||||
| (7) Net qualifying capital (3) + (4) + (5) - (6) |
13,707.7 | 13,344.4 | ||||
| (8) Risk-adjusted assets |
107,069.0 | 106,395.5 | ||||
| (9) Required Capital * |
8,565.5 | 8,511.6 | ||||
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated)
| (in billions of yen) | ||||||
| As of June 30, 2007 |
As of March 31, 2007 |
|||||
| (1) Risk-adjusted capital ratio *** |
13.00 | % | 12.77 | % | ||
| (2) Tier 1 ratio |
7.70 | % | 7.68 | % | ||
| (3) Tier 1 capital |
7,030.9 | 6,975.5 | ||||
| (4) Qualified Tier 2 capital |
5,156.9 | 4,940.5 | ||||
| (5) Qualified Tier 3 capital |
— | — | ||||
| (6) Deductions from total qualifying capital |
321.4 | 314.2 | ||||
| (7) Net qualifying capital (3) + (4) + (5) - (6) |
11,866.4 | 11,601.9 | ||||
| (8) Risk-adjusted assets |
91,234.1 | 90,804.0 | ||||
| (9) Required Capital * |
7,298.7 | 7,264.3 | ||||
| n | Consolidated Summary Report <under Japanese GAAP> |
for the fiscal year ended March 31, 2007
| ¡ | Page 1 (Consolidated Summary Report) |
1. Consolidated financial data for the fiscal year ended March 31, 2007
(2) Financial Conditions
| • | Risk-adjusted Capital Ratio |
| Before correction | After correction | |||||||||
| % | % | |||||||||
| As of |
||||||||||
| March 31, 2007 |
(Preliminary | ) | 12.58 | (Preliminary | ) | 12.54 | ||||
| March 31, 2006 |
12.20 | 12.20 | ||||||||
| ¡ | Page 7~8 (Consolidated Summary Report) |
1. Result of Operations and Financial Condition
(2) Financial condition
| • | Fourth paragraph |
| Before correction |
After correction | |
| The Company’s consolidated risk-adjusted capital ratio based on the Basel 2 Standards was 12.58% (Preliminary basis) as of March 31, 2007. The following table shows the Company’s consolidated risk adjusted capital ratio as of March 31, 2006, September 30, 2006 and March 31, 2007. |
The Company’s consolidated risk-adjusted capital ratio based on the Basel 2 Standards was 12.54% (Preliminary basis) as of March 31, 2007. The following table shows the Company’s consolidated risk adjusted capital ratio as of March 31, 2006, September 30, 2006 and March 31, 2007. |
| • | Table |
(Before correction)
| (in billions of yen) | |||||||||
| As of March 31, 2006 |
As of September 30, 2006 |
As of March 31, 2007 (Preliminary basis) |
|||||||
| Tier I capital |
7,501.6 | 7,682.1 | 8,054.8 | ||||||
| Qualified Tier II capital |
6,293.7 | 6,076.2 | 5,718.3 | ||||||
| Qualified Tier III capital |
— | — | — | ||||||
| Deductions from total qualifying capital |
334.9 | 296.2 | 424.0 | ||||||
| Net qualifying capital |
13,460.3 | 13,462.0 | 13,349.2 | ||||||
| Risk-adjusted assets |
110,292.6 | 112,567.5 | 106,049.1 | ||||||
| Risk-adjusted capital ratio |
12.20 | % | 11.95 | % | 12.58 | % | |||
| (After correction) |
|||||||||
| (in billions of yen) | |||||||||
| As of March 31, 2006 |
As of September 30, 2006 |
As of March 31, 2007 (Preliminary basis) |
|||||||
| Tier I capital |
7,501.6 | 7,682.1 | 8,054.8 | ||||||
| Qualified Tier II capital |
6,293.7 | 6,076.2 | 5,717.9 | ||||||
| Qualified Tier III capital |
— | — | — | ||||||
| Deductions from total qualifying capital |
334.9 | 296.2 | 428.3 | ||||||
| Net qualifying capital |
13,460.3 | 13,462.0 | 13,344.4 | ||||||
| Risk-adjusted assets |
110,292.6 | 112,567.5 | 106,395.5 | ||||||
| Risk-adjusted capital ratio |
12.20 | % | 11.95 | % | 12.54 | % | |||
| ¡ | Page 14 (Consolidated Summary Report) |
3. Management Policy
(4) Key issues
(Growth strategy)
| • | Third paragraph |
| Before correction |
After correction | |
| For equity capital, at the end of FY 2009 we are targeting a Tier 1 ratio of 8% (at the end of FY 2006 7.59%) and an equity capital ratio of 12% (at the end of FY 2006 12.58%). In regard to returns to shareholders we will strive to increase dividends in a sustainable manner, while over the medium term, we will work to raise the dividend payout ratio to around 20% of consolidated net income (FY 2006 planned payout ratio is 12.7%). |
For equity capital, at the end of FY 2009 we are targeting a Tier 1 ratio of 8% (at the end of FY 2006 7.57%) and an equity capital ratio of 12% (at the end of FY 2006 12.54%). In regard to returns to shareholders we will strive to increase dividends in a sustainable manner, while over the medium term, we will work to raise the dividend payout ratio to around 20% of consolidated net income (FY 2006 planned payout ratio is 12.7%). |
| ¡ | Page 21~22 (Selected Financial Information) |
I. Financial Highlights under Japanese GAAP for the Fiscal Year Ended March 31, 2007
8. Risk-Adjusted Capital Ratio Based on the Basel 2 Standards
(Before correction)
Mitsubishi UFJ Financial Group, Inc. (Consolidated)
| (in billions of yen) | |||||||||||||
| As of March 31, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2006 (B) (for reference) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.58 | % | 0.38 | % | 12.20 | % | ||||||
| Tier 1 ratio |
7.59 | % | 0.79 | % | 6.80 | % | |||||||
| (2) |
Tier 1 capital |
8,054.8 | 553.1 | 7,501.6 | |||||||||
| (3) |
Qualified Tier 2 capital |
5,718.3 | (575.3 | ) | 6,293.7 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
1,541.7 | 198.5 | 1,343.1 | |||||||||
| ii) |
The amount of land revaluation excess |
159.3 | (2.8 | ) | 162.1 | ||||||||
| iii) |
Subordinated debts |
3,844.3 | 57.6 | 3,786.6 | |||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
424.0 | 89.0 | 334.9 | |||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
13,349.2 | (111.1 | ) | 13,460.3 | ||||||||
| (7) |
Risk-adjusted assets |
106,049.1 | (4,243.5 | ) | 110,292.6 | ||||||||
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated)
| (in billions of yen) | |||||||||||||
| As of March 31, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2006 (B) (for reference) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.83 | % | 0.35 | % | 12.48 | % | ||||||
| Tier 1 ratio |
7.71 | % | 0.66 | % | 7.05 | % | |||||||
| (2) |
Tier 1 capital |
6,975.5 | 240.2 | 6,735.3 | |||||||||
| (3) |
Qualified Tier 2 capital |
4,940.9 | (391.8 | ) | 5,332.7 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
1,089.2 | 178.9 | 910.2 | |||||||||
| ii) |
The amount of land revaluation excess |
197.2 | (4.4 | ) | 201.6 | ||||||||
| iii) |
Subordinated debts |
3,440.1 | 131.3 | 3,308.8 | |||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
309.8 | 163.1 | 146.6 | |||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
11,606.7 | (314.7 | ) | 11,921.4 | ||||||||
| (7) |
Risk-adjusted assets |
90,457.6 | (5,063.0 | ) | 95,520.6 | ||||||||
| (After correction) |
|||||||||||||
| Mitsubishi UFJ Financial Group, Inc. (Consolidated) | |||||||||||||
| (in billions of yen) | |||||||||||||
| As of March 31, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2006 (B) (for reference) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.54 | % | 0.33 | % | 12.20 | % | ||||||
| Tier 1 ratio |
7.57 | % | 0.76 | % | 6.80 | % | |||||||
| (2) |
Tier 1 capital |
8,054.8 | 553.1 | 7,501.6 | |||||||||
| (3) |
Qualified Tier 2 capital |
5,717.9 | (575.7 | ) | 6,293.7 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
1,541.7 | 198.5 | 1,343.1 | |||||||||
| ii) |
The amount of land revaluation excess |
159.3 | (2.8 | ) | 162.1 | ||||||||
| iii) |
Subordinated debts |
3,844.3 | 57.6 | 3,786.6 | |||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
428.3 | 93.3 | 334.9 | |||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
13,344.4 | (115.9 | ) | 13,460.3 | ||||||||
| (7) |
Risk-adjusted assets |
106,395.5 | (3,897.1 | ) | 110,292.6 | ||||||||
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. (Consolidated) | |||||||||||||
| (in billions of yen) | |||||||||||||
| As of March 31, 2007 (A) (Preliminary basis) |
Increase/ (Decrease) (A) - (B) |
As of March 31, 2006 (B) (for reference) |
|||||||||||
| (1) |
Risk-adjusted capital ratio |
12.77 | % | 0.29 | % | 12.48 | % | ||||||
| Tier 1 ratio |
7.68 | % | 0.63 | % | 7.05 | % | |||||||
| (2) |
Tier 1 capital |
6,975.5 | 240.2 | 6,735.3 | |||||||||
| (3) |
Qualified Tier 2 capital |
4,940.5 | (392.2 | ) | 5,332.7 | ||||||||
| i) |
The amount of unrealized gains on investment securities |
1,089.2 | 178.9 | 910.2 | |||||||||
| ii) |
The amount of land revaluation excess |
197.2 | (4.4 | ) | 201.6 | ||||||||
| iii) |
Subordinated debts |
3,440.1 | 131.3 | 3,308.8 | |||||||||
| (4) |
Qualified Tier 3 capital |
— | — | — | |||||||||
| (5) |
Deductions from total qualifying capital |
314.2 | 167.5 | 146.6 | |||||||||
| (6) |
Net qualifying capital (2)+(3)+(4)-(5) |
11,601.9 | (319.4 | ) | 11,921.4 | ||||||||
| (7) |
Risk-adjusted assets |
90,804.0 | (4,716.6 | ) | 95,520.6 | ||||||||
Appendix 3
Corrections to Consolidated Statements of Cash Flows
Corrected information is underlined.
| n | Consolidated Summary Report <under Japanese GAAP> |
for the fiscal year ended March 31, 2008
| ¡ | Page 1 (Consolidated Summary Report) |
1. Consolidated financial data for the fiscal year ended March 31, 2008
(3) Cash Flows
(Before correction)
| 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, 2008 |
(2,412,284 | ) | 4,030,119 | (322,563 | ) | 4,222,222 | ||||
| March 31, 2007 |
(4,405,492 | ) | 1,446,600 | (319,199 | ) | 2,961,153 | ||||
| (After correction) |
||||||||||
| 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, 2008 |
(2,281,132 | ) | 3,904,426 | (328,022 | ) | 4,222,222 | ||||
| March 31, 2007 |
(4,405,492 | ) | 1,446,600 | (319,199 | ) | 2,961,153 | ||||
| ¡ | Page 5 (Consolidated Summary Report) |
1. Result of Operations and Financial Condition
(2) Financial condition
Third paragraph
| Before correction |
After correction | |
| For the fiscal year ended March 31, 2008, Net cash used in operating activities was ¥2,412.2 billion, Net cash provided by investing activities was ¥4,030.1 billion and Net cash used in financing activities was ¥322.5 billion. As a result, the balance of Cash and cash equivalents as of March 31, 2008 was ¥4,222.2 billion. |
For the fiscal year ended March 31, 2008, Net cash used in operating activities was ¥2,281.1 billion, Net cash provided by investing activities was ¥3,904.4 billion and Net cash used in financing activities was ¥328.0 billion. As a result, the balance of Cash and cash equivalents as of March 31, 2008 was ¥4,222.2 billion. |
| ¡ | Page 18 (Consolidated Summary Report) |
4. Consolidated Financial Statements
Consolidated Statements of Cash Flows
| (in millions of yen) | ||||||||||||
| For the fiscal year ended March 31, 2008 (A) |
Increase (Decrease) (A-B) |
|||||||||||
| Before correction |
After correction |
Before correction |
After correction |
|||||||||
| Cash flows from operating activities: | ||||||||||||
| (omitted) |
||||||||||||
| Interest income (cash basis) |
3,850,127 | 3,849,805 | 438,115 | 437,794 | ||||||||
| Interest expenses (cash basis) |
(1,971,627 | ) | (1,971,625 | ) | (420,543 | ) | (420,541 | ) | ||||
| Other |
(1,597,214 | ) | (1,465,733 | ) | (1,729,768 | ) | (1,598,287 | ) | ||||
| Sub-total |
(2,293,397 | ) | (2,162,235 | ) | 1,975,597 | 2,106,759 | ||||||
| Income taxes |
(118,886 | ) | (118,896 | ) | 17,610 | 17,599 | ||||||
| Net cash provided by (used in) operating activities |
(2,412,284 | ) | (2,281,132 | ) | 1,993,207 | 2,124,359 | ||||||
| Cash flows from investing activities: | ||||||||||||
| Purchases of investment securities |
(73,440,485 | ) | (73,426,912 | ) | (11,231,221 | ) | (11,217,647 | ) | ||||
| Proceeds from sales of investment securities |
50,589,606 | 50,575,928 | 15,017,746 | 15,004,068 | ||||||||
| Proceeds from redemption of investment securities |
27,043,608 | 27,043,608 | (1,382,770 | ) | (1,382,770 | ) | ||||||
| Increase in money held in trust |
(167,510 | ) | (271,998 | ) | (121,367 | ) | (225,855 | ) | ||||
| Decrease in money held in trust |
362,633 | 341,669 | 260,275 | 239,311 | ||||||||
| Purchases of tangible fixed assets |
(276,668 | ) | (276,668 | ) | (54,065 | ) | (54,065 | ) | ||||
| Purchases of intangible fixed assets |
(247,784 | ) | (247,920 | ) | (51,441 | ) | (51,577 | ) | ||||
| (omitted) |
||||||||||||
| Increase related to sales of subsidiaries’ equity affecting the scope of consolidation |
105,387 | 18,939 | 105,387 | 18,939 | ||||||||
| Decrease related to sales of subsidiaries’ equity affecting the scope of consolidation |
(86,448 | ) | — | (86,448 | ) | — | ||||||
| Net cash provided by (used in) investing activities |
4,030,119 | 3,904,426 | 2,583,518 | 2,457,826 | ||||||||
| Cash flows from financing activities: | ||||||||||||
| (omitted) |
||||||||||||
| Dividend paid by subsidiaries to minority shareholders |
(57,662 | ) | (65,507 | ) | 13,059 | 5,214 | ||||||
| Purchases of treasury stock |
(151,364 | ) | (151,364 | ) | 140,817 | 140,817 | ||||||
| Proceeds from sales of treasury stock |
780 | 780 | (66,401 | ) | (66,401 | ) | ||||||
| Purchases of treasury stock by consolidated subsidiaries |
(14,904 | ) | (12,462 | ) | 39,851 | 42,293 | ||||||
| Proceeds from sales of treasury stock by consolidated subsidiaries |
222 | 166 | (102 | ) | (158 | ) | ||||||
| Other |
(2,937 | ) | (2,937 | ) | (2,931 | ) | (2,931 | ) | ||||
| Net cash provided by (used in) financing activities |
(322,563 | ) | (328,022 | ) | (3,364 | ) | (8,822 | ) | ||||