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 under

the Securities Exchange Act of 1934

For the month of October 2012

 

 

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 of 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    

 

 

 

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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 29, 2012

 

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				Mitsubishi UFJ Financial Group, Inc.
				The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Execution of Stock Transfer Agreement Concerning Transfer of NBL Co., Ltd.

Tokyo, October 29, 2012 — The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), a subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), and Hitachi Capital Corporation (Hitachi Capital) agreed that BTMU will transfer* 12,000,000 shares in NBL Co., Ltd. (60% of all issued shares) to Hitachi Capital, and the said parties entered into a stock transfer agreement.

 

*	The share transfer and payment of the purchase price are scheduled to take place on April 1, 2013, subject to the approval of the competent authorities.

1. Reason for Stock Transfer

Pursuant to the “Capital Alliance Between Hitachi Capital Corporation and NBL Co., Ltd.” that was announced on July 28, 2011, BTMU transferred 40% of all issued shares in NBL to Hitachi Capital on October 31, 2011.

Subsequently, as a result of numerous consultations between MUFG and BTMU concerning growth strategies for NBL going forward, it was concluded that the partnering with Hitachi Capital, a leading company in the vendor leasing industry* with excellent vendor leasing business knowhow and a strong customer base, would contribute to the long-term growth and development of NBL.

 

*

Vendor lease: Lease agreements to be entered into with customers by lease companies through customer mediation or representative services for office procedures by dealers who are in alliance relationships with lease companies via entering into dealership agreements with lease companies or in any other manners.

2. Overview of Subsidiary

 

 

Fiscal year		Fiscal year ended March 31, 2010				Fiscal year ended March 31, 2011				Fiscal year ended March 31, 2012
Net Assets			4,860				5,237				5,849
Total Assets			185,713				178,771				190,219
Net Assets per Share (yen)			243.01				261.85				292.45
Revenue			55,123				60,475				62,352
Operating Income			113				1,011				2,982
Ordinary Income			137				1,012				2,982
Net Income			36				376				612
Net Income per Share (yen)			1.81				18.83				30.60
Dividend per Share (yen)			—				—				—

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3. Overview of Transferee

 

(1)		Name		Hitachi Capital Corporation
(2)		Location		15-12, Nishi-Shimbashi 2-chome, Minato-ku, Tokyo
(3)		Name and Title of Representative		Kazuya Miura, President and CEO
(4)		Type of Business		General leasing business
(5)		Capital		9,983 million yen
(6)		Date of Incorporation		September 10, 1957
(7)		Net Assets		270,404 million yen (consolidated value as of end of March 2012)
(8)		Total Assets		1,757,241 million yen (consolidated value as of end of March 2012)
(9)		Major Shareholders and Shareholders		Hitachi, Ltd. 54.78%
(10)		Relationship between MUFG and Hitachi Capital		Capital Relationship		There is no capital relationship between MUFG and Hitachi Capital that should be noted. There is no capital relationship between any persons related to MUFG or any affiliates of MUFG, on the one hand, and any persons related to Hitachi Capital or any affiliates of Hitachi Capital, on the other, that should be noted.
				Personnel Relationship		One BTMU employee is seconded to Hitachi Capital.
				Transaction Relationship		BTMU has conducted financial transactions with Hitachi Capital, including loans.
				Whether Hitachi Capital is a Related Party		Hitachi Capital is not a related party of MUFG. There are no persons related to Hitachi Capital or affiliates of Hitachi Capital who are also related to MUFG.

4. Number of shares to be transferred by BTMU and status of share ownership prior to and after transfer

 

Number of Shares Owned Prior to Transfer		12,000,000     (Number of voting rights: 12,000,000)     (Ownership ratio: 60%)
Number of Shares to be Transferred		12,000,000     (Number of voting rights: 12,000,000)     (Percentage of all issued shares: 60%)     (Value of transfer: 2,400 million yen)
Number of Shares Owned After Transfer		0     (Number of voting rights: 0)     (Ownership ratio: 0%)

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5. Schedule

 

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Contacts: