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 Issuer

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

the Securities Exchange Act of 1934

For the month of November 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

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: November 14, 2012


Mitsubishi UFJ Financial Group, Inc.

By:		/s/ Akira Takeda
Name:		Akira Takeda
Title:		Chief Manager, General Affairs
		Corporate Administration Division


Consolidated Summary Report <under Japanese GAAP> for the six months ended September 30, 2012
		November 14, 2012
		November 14, 2012


Company name:	Mitsubishi UFJ Financial Group, Inc.	Stock exchange listings:	Tokyo, Osaka, Nagoya, New York
Code number:	8306	URL	http://www.mufg.jp/
Representative:	Katsunori Nagayasu, President & CEO
For inquiry:	Naoki Muramatsu, General Manager—Financial Planning Division / Financial Accounting Office
	TEL (03) 3240-3110
Quarterly securities report issuing date:	November 29, 2012	Dividend payment date:	December 7, 2012
Trading accounts:	Established
Supplemental information for quarterly financial statements:	Available
Quarterly investor meeting presentation:	Scheduled (for investors and analysts)

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

1. Consolidated Financial Data for the Six Months ended September 30, 2012

(1) Results of Operations


	(% represents the change from the same period in the previous fiscal year)
	Ordinary Income					Ordinary Profits					Net Income
	million yen		%			million yen		%			million yen		%
Six months ended
September 30, 2012		2,357,952		(11.7	)		570,048		(40.5	)		290,484		(58.3	)
September 30, 2011		2,671,205		12.7			958,644		76.9			696,091		95.1

(*)	Comprehensive income

September 30, 2012: 325,026 million yen, (60.3)%; September 30, 2011: 818,223 million yen, 361.8%


	Net Income per Common Stock		Diluted Net Income per Common Stock
	yen		yen
Six months ended
September 30, 2012		19.90		19.84
September 30, 2011		48.58		48.51

(2) Financial Conditions


	Total Assets		Total Net Assets		Net Assets Attributable to MUFG Shareholders to Total Assets^(*1)		Risk-adjusted Capital Ratio^(*2)
	million yen		million yen		%		%
As of
September 30, 2012		218,641,177		11,866,909		4.7		14.30
March 31, 2012		218,861,616		11,675,784		4.6		14.91

(Reference) Shareholders’ equity as of September 30, 2012: 10,169,067 million yen; March 31, 2012: 9,993,029 million yen

(*1)

“Net assets attributable to MUFG shareholders to total assets” is computed under the formula shown below

(Total net assets - Subscription rights to shares - Minority interests) / Total assets

(*2)

“Risk-adjusted Capital Ratio” is computed in accordance with the “Standards for Consolidated Capital Adequacy Ratio of Bank Holding Company under Article 52-25 of the Banking Law” (the Notification of the Financial Services Agency No. 20, 2006).

2. Dividends on Common Stock


	Dividends per Share
	1st quarter-end		2nd quarter-end		3rd quarter-end		Fiscal year-end		Total
	yen		yen		yen		yen		yen
Fiscal year
ended March 31, 2012		—		6.00		—		6.00		12.00
ending March 31, 2013		—		6.00
ending March 31, 2013 (Forecast)						—		6.00		12.00

(*1)

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

(*2)

The information in the above table is only for dividends on common stocks. Please refer to “Dividends on preferred stocks” with regard to dividends on other type of (unlisted) stocks issued by us.

3. Earnings Target for the Fiscal Year ending March 31, 2013 (Consolidated)

MUFG has the target of 670.0 billion yen of consolidated net income for the fiscal year ending March 31, 2013. (There is no change to our earnings target released on May 15, 2012.)

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 consolidated net income instead of a forecast of its performance.

Notes

(1)	Changes in significant subsidiaries during the period: No

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

(A)

Changes in accounting policies due to revision of accounting standards: Yes

(B)

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

(C)

Changes in accounting estimates: Yes

(D)

Restatements: No

Note:

We changed the method of depreciation at the beginning of the current interim accounting period.

The change falls under “Changes in accounting policies which are difficult to distinguish from changes in accounting estimates”.

For more details, please see “(1) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements” in page 3 of Appendix.

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


(A) Total stocks outstanding including treasury stocks:	September 30, 2012	14,158,585,720 shares
	March 31, 2012	14,154,534,220 shares
(B) Treasury stocks:	September 30, 2012	9,549,147 shares
	March 31, 2012	9,553,750 shares
(C) Average outstanding stocks:	Six months ended September 30, 2012	14,147,400,847 shares
	Six months ended September 30, 2011	14,143,389,335 shares

(Reference) Summary of non-consolidated financial data

1. Non-consolidated Financial Data for the Six Months ended September 30, 2012

(1) Results of Operations


	(% represents the change from the same period in the previous fiscal year)
	Operating Income					Operating Profits					Ordinary Profits					Net Income
	million yen		%			million yen		%			million yen		%			million yen		%
Six months ended
September 30, 2012		108,377		(32.4	)		99,894		(34.5	)		92,560		(33.9	)		92,722		(35.2	)
September 30, 2011		160,243		(28.5	)		152,505		(29.6	)		140,065		(30.7	)		143,043		(25.1	)


	Net Income per Common Stock
	yen
Six months ended
September 30, 2012		5.92
September 30, 2011		9.47

(2) Financial Conditions


	Total Assets		Total Net Assets		Net Assets Ratio
	million yen		million yen		%
As of
September 30, 2012		10,884,175		8,683,099		79.7
March 31, 2012		10,918,957		8,667,823		79.3

(Reference) Shareholders’ equity as of September 30, 2012: 8,675,249 million yen; March 31, 2012: 8,659,889 million yen

*Disclosure regarding the execution of the interim audit process

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

*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.

(Dividends on preferred stocks)

Dividends per share relating to preferred stocks are as follows:


	Dividends per Share
	1st quarter-end		2nd quarter-end		3rd quarter-end		Fiscal year-end		Total
	yen		yen		yen		yen		yen
Preferred Stock First Series of Class 5
Fiscal year ended March 31, 2012		—		57.50		—		57.50		115.00
Fiscal year ending March 31, 2013		—		57.50
Fiscal year ending March 31, 2013 (Forecast)						—		57.50		115.00

	Dividends per Share
	1st quarter-end		2nd quarter-end		3rd quarter-end		Fiscal year-end		Total
	yen		yen		yen		yen		yen
Preferred Stock Class 11
Fiscal year ended March 31, 2012		—		2.65		—		2.65		5.30
Fiscal year ending March 31, 2013		—		2.65
Fiscal year ending March 31, 2013 (Forecast)						—		2.65		5.30

Mitsubishi UFJ Financial Group, Inc.

(Appendix)

Contents of Appendix


1. Qualitative Information Pertaining to Consolidated Earnings and others for the Six Months ended September 30, 2012			2
(1) Qualitative Information Pertaining to Consolidated Earnings Target			2

2. Information Regarding “Notes” in Consolidated Summary Report			3
(1) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements			3

3. Consolidated Financial Statements			4
(1) Consolidated Balance Sheets			4
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income			6
(3) Consolidated Statements of Changes in Net Assets			8
(4) Notes on Going-Concern Assumption			11

4. Non-consolidated Financial Statements			12
(1) Non-consolidated Balance Sheets			12
(2) Non-consolidated Statements of Income			14
(3) Non-consolidated Statements of Changes in Net Assets			15
(4) Notes on Going-Concern Assumption			17

Supplemental Information:

“Selected Financial Information under Japanese GAAP for the Six Months Ended September 30, 2012”

(*)	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:		November 14, 2012 (Wednesday)
Explanation for investors and analysts:		November 16, 2012 (Friday)

Mitsubishi UFJ Financial Group, Inc.

1. Qualitative Information Pertaining to Consolidated Earnings and others for the Six Months ended September 30, 2012

(1) Qualitative Information Pertaining to Consolidated Earnings Target

MUFG has the target of 670.0 billion yen of consolidated net income for the fiscal year ending March 31, 2013. (There is no change to our earnings target released on May 15, 2012.)

As for other figures released on May 15, 2012, MUFG has revised some of them taking into account the performance of interim results as shown in the following table.

(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 consolidated net income instead of a forecast of its performance.)

[Reference]

MUFG Consolidated


(in billions of Japanese yen)	For the fiscal year ending March 31, 2013			For the six months ended September 30, 2012 (Results)			For the fiscal year ended March 31, 2012 (Results)			For the six months ended September 30, 2011 (Results)
Ordinary profits		1,110.0			570.0			1,471.9			958.6
Net income (loss)		670.0			290.4			981.3			696.0
Total credit costs		(160.0	)		(62.2	)		(193.4	)		(28.6	)

<2 Banks on a stand-alone basis>
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Net business profits before provision for general allowance for credit losses		990.0			569.6			1,022.8			553.8
Ordinary profits (losses)		690.0			326.4			743.3			416.5
Net income (loss)		460.0			171.4			469.0			271.9
Total credit costs		(75.0	)		(26.8	)		(125.3	)		(7.5	)

Mitsubishi UFJ Trust and Banking Corporation
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		155.0			79.8			148.1			74.6
Ordinary profits (losses)		110.0			46.8			110.1			64.1
Net income (loss)		80.0			39.7			75.8			46.0
Total credit costs		(10.0	)		(1.7	)		(9.2	)		7.0

Mitsubishi UFJ Financial Group, Inc.

2. Information Regarding “Notes” in Consolidated Summary Report

(1) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements

(Changes in accounting policies which are difficult to distinguish from changes in accounting estimates)

Starting with the current interim accounting period, MUFG and its domestic consolidated subsidiaries have changed the method of depreciation due to the revision of Corporation Tax Act. The change was that tangible fixed assets acquired on or after April 1, 2012 shall be depreciated according to the revised law.

This change had only minor impact on the consolidated statements of income and others.

Mitsubishi UFJ Financial Group, Inc.

3. Consolidated Financial Statements

(1) Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2012			As of September 30, 2012
Assets:
Cash and due from banks		9,036,116			9,592,463
Call loans and bills bought		347,930			544,585
Receivables under resale agreements		4,552,860			4,754,272
Receivables under securities borrowing transactions		3,256,655			3,360,726
Monetary claims bought		2,954,838			2,987,146
Trading assets		16,768,713			18,649,247
Money held in trust		395,352			375,495
Securities		78,264,735			77,276,825
Loans and bills discounted		84,492,697			84,681,117
Foreign exchanges		1,480,083			1,311,133
Other assets		8,004,949			6,107,837
Tangible fixed assets		1,343,909			1,352,163
Intangible fixed assets		1,023,834			1,009,510
Deferred tax assets		522,886			391,357
Customers’ liabilities for acceptances and guarantees		7,539,826			7,337,583
Allowance for credit losses		(1,123,773	)		(1,090,289	)

Total assets		218,861,616			218,641,177

Liabilities:
Deposits		124,789,252			125,085,876
Negotiable certificates of deposit		12,980,617			12,806,292
Call money and bills sold		2,809,618			3,561,698
Payables under repurchase agreements		13,585,846			14,214,631
Payables under securities lending transactions		4,978,915			4,012,219
Commercial papers		569,659			783,624
Trading liabilities		13,451,275			14,271,761
Borrowed money		10,318,096			10,364,973
Foreign exchanges		874,225			745,508
Short-term bonds payable		523,065			432,073
Bonds payable		6,634,121			5,922,451
Due to trust accounts		1,416,725			1,415,364
Other liabilities		5,956,502			5,151,011
Reserve for bonuses		47,797			49,895
Reserve for bonuses to directors		1,057			200
Reserve for retirement benefits		81,111			69,474
Reserve for retirement benefits to directors		1,534			1,230
Reserve for loyalty award credits		6,768			8,435
Reserve for contingent losses		373,439			303,212
Reserves under special laws		1,799			1,727
Deferred tax liabilities		84,706			76,116
Deferred tax liabilities for land revaluation		159,867			158,900
Acceptances and guarantees		7,539,826			7,337,583

Total liabilities		207,185,831			206,774,267

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2012			As of September 30, 2012
Net assets:
Capital stock		2,138,487			2,139,378
Capital surplus		2,175,304			2,176,193
Retained earnings		5,602,327			5,798,936
Treasury stock		(6,544	)		(6,540	)

Total shareholders’ equity		9,909,575			10,107,968

Net unrealized gains (losses) on other securities		440,900			345,572
Net deferred gains (losses) on hedging instruments		23,904			30,793
Land revaluation excess		161,361			161,355
Foreign currency translation adjustments		(494,155	)		(430,728	)
Pension liability adjustments of subsidiaries preparing financial statements under US GAAP		(48,555	)		(45,893	)

Total accumulated other comprehensive income		83,454			61,099

Subscription rights to shares		7,933			7,850
Minority interests		1,674,821			1,689,991

Total net assets		11,675,784			11,866,909

Total liabilities and net assets		218,861,616			218,641,177

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 six months ended September 30, 2011		For the six months ended September 30, 2012
Ordinary income		2,671,205		2,357,952
Interest income		1,161,064		1,124,729
Interest on loans and bills discounted		750,154		744,668
Interest and dividends on securities		279,986		293,546
Trust fees		49,282		46,066
Fees and commissions		556,909		554,040
Trading income		97,357		133,918
Other business income		374,991		385,458
Other ordinary income		431,599		113,739
Ordinary expenses		1,712,561		1,787,903
Interest expenses		253,311		248,496
Interest on deposits		89,676		89,160
Fees and commissions		82,862		81,631
Other business expenses		113,604		82,546
General and administrative expenses		1,026,413		1,054,747
Other ordinary expenses		236,371		320,482

Ordinary profits		958,644		570,048

Extraordinary gains		20,116		4,566
Gains on disposition of fixed assets		7,356		2,705
Gains on negative goodwill		—		339
Reversal of reserve for contingent liabilities from financial instruments transactions		441		71
Transfer gains on divestiture of businesses		—		1,450
Gains on sales of equity securities of affiliates		12,318		—
Extraordinary losses		15,675		31,560
Losses on disposition of fixed assets		5,718		4,932
Losses on impairment of fixed assets		3,990		3,290
Losses on change in equity		—		23,285
Amortization of goodwill		5,966		—
Others		—		51

Income before income taxes and others		963,085		543,054

Income taxes—current		116,790		39,037
Income taxes—deferred		92,567		155,715

Total taxes		209,358		194,753

Income before minority interests		753,726		348,300

Minority interests		57,635		57,816

Net income		696,091		290,484

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the six months ended September 30, 2011			For the six months ended September 30, 2012
Income before minority interests		753,726			348,300
Other comprehensive income
Net unrealized gains (losses) on other securities		14,788			(96,633	)
Net deferred gains (losses) on hedging instruments		(8,730	)		7,839
Land revaluation excess		—			(62	)
Foreign currency translation adjustments		52,134			40,885
Pension liability adjustments of subsidiaries preparing financial statements under US GAAP		2,460			1,647
Share of other comprehensive income of associates accounted for using equity method		3,844			23,049

Total other comprehensive income		64,497			(23,274	)

Comprehensive income		818,223			325,026

(Comprehensive income attributable to)
Comprehensive income attributable to owners of the parent		762,282			268,072
Comprehensive income attributable to minority interests		55,941			56,954

Mitsubishi UFJ Financial Group, Inc.

(3) Consolidated Statements of Changes in Net Assets


(in millions of yen)	For the six months ended September 30, 2011			For the six months ended September 30, 2012
Shareholders’ equity
Capital stock
Balance at the beginning of the period		2,137,476			2,138,487
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		1,006			891

Total changes during the period		1,006			891

Balance at the end of the period		2,138,483			2,139,378

Capital surplus
Balance at the beginning of the period		2,174,287			2,175,304
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		1,005			889
Disposition of treasury stock		7			(0	)

Total changes during the period		1,012			889

Balance at the end of the period		2,175,299			2,176,193

Retained earnings
Balance at the beginning of the period		4,799,668			5,602,327
Changes during the period
Dividends from retained earnings		(93,796	)		(93,817	)
Net income		696,091			290,484
Reversal of land revaluation excess		466			(57	)
Change of application of equity method		4,540			—

Total changes during the period		607,301			196,609

Balance at the end of the period		5,406,969			5,798,936

Treasury stock
Balance at the beginning of the period		(6,458	)		(6,544	)
Changes during the period
Repurchase of treasury stock		(91	)		(5	)
Disposition of treasury stock		16			9

Total changes during the period		(74	)		3

Balance at the end of the period		(6,533	)		(6,540	)

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the six months ended September 30, 2011			For the six months ended September 30, 2012
Total shareholders’ equity
Balance at the beginning of the period		9,104,972			9,909,575
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		2,011			1,780
Dividends from retained earnings		(93,796	)		(93,817	)
Net income		696,091			290,484
Repurchase of treasury stock		(91	)		(5	)
Disposition of treasury stock		24			9
Reversal of land revaluation excess		466			(57	)
Change of application of equity method		4,540			—

Total changes during the period		609,245			198,393

Balance at the end of the period		9,714,218			10,107,968

Accumulated other comprehensive income
Net unrealized gains (losses) on other securities
Balance at the beginning of the period		90,765			440,900
Changes during the period
Net changes of items other than shareholders’ equity		18,259			(95,327	)

Total changes during the period		18,259			(95,327	)

Balance at the end of the period		109,025			345,572

Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		38,786			23,904
Changes during the period
Net changes of items other than shareholders’ equity		(9,262	)		6,888

Total changes during the period		(9,262	)		6,888

Balance at the end of the period		29,523			30,793

Land revaluation excess
Balance at the beginning of the period		141,198			161,361
Changes during the period
Net changes of items other than shareholders’ equity		(466	)		(5	)

Total changes during the period		(466	)		(5	)

Balance at the end of the period		140,731			161,355

Foreign currency translation adjustments
Balance at the beginning of the period		(392,083	)		(494,155	)
Changes during the period
Net changes of items other than shareholders’ equity		54,734			63,426

Total changes during the period		54,734			63,426

Balance at the end of the period		(337,349	)		(430,728	)

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the six months ended September 30, 2011			For the six months ended September 30, 2012
Pension liability adjustments of subsidiaries preparing financial statements under US GAAP
Balance at the beginning of the period		(34,691	)		(48,555	)
Changes during the period
Net changes of items other than shareholders’ equity		2,460			2,662

Total changes during the period		2,460			2,662

Balance at the end of the period		(32,230	)		(45,893	)

Total accumulated other comprehensive income
Balance at the beginning of the period		(156,024	)		83,454
Changes during the period
Net changes of items other than shareholders’ equity		65,725			(22,355	)

Total changes during the period		65,725			(22,355	)

Balance at the end of the period		(90,298	)		61,099

Subscription rights to shares
Balance at the beginning of the period		7,192			7,933
Changes during the period
Net changes of items other than shareholders’ equity		(320	)		(83	)

Total changes during the period		(320	)		(83	)

Balance at the end of the period		6,872			7,850

Minority interests
Balance at the beginning of the period		1,858,283			1,674,821
Changes during the period
Net changes of items other than shareholders’ equity		(154,326	)		15,170

Total changes during the period		(154,326	)		15,170

Balance at the end of the period		1,703,957			1,689,991

Total net assets
Balance at the beginning of the period		10,814,425			11,675,784
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		2,011			1,780
Dividends from retained earnings		(93,796	)		(93,817	)
Net income		696,091			290,484
Repurchase of treasury stock		(91	)		(5	)
Disposition of treasury stock		24			9
Reversal of land revaluation excess		466			(57	)
Change of application of equity method		4,540			—
Net changes of items other than shareholders’ equity		(88,921	)		(7,268	)

Total changes during the period		520,324			191,125

Balance at the end of the period		11,334,750			11,866,909

Mitsubishi UFJ Financial Group, Inc.

(4) Notes on Going-Concern Assumption

Not applicable

Mitsubishi UFJ Financial Group, Inc.

4. Non-consolidated Financial Statements

(1) Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2012		As of September 30, 2012
Assets:
Current assets:
Cash and due from banks		10,631		15,553
Securities		121,800		129,800
Others		57,206		26,989

Total current assets		189,638		172,342

Fixed assets:
Tangible fixed assets		99		87
Intangible fixed assets		3,091		3,235
Investments and other assets		10,726,127		10,708,509
Investments in subsidiaries and affiliates		10,725,815		10,708,159
Others		312		349

Total fixed assets		10,729,318		10,711,833

Total assets		10,918,957		10,884,175

Liabilities:
Current liabilities:
Short-term borrowings		1,849,071		1,791,157
Lease liabilities		12		12
Income taxes payable		112		1
Reserve for bonuses and reserve for bonuses to directors		403		342
Others		6,745		6,774

Total current liabilities		1,856,345		1,798,288

Fixed liabilities:
Bonds payable		380,500		380,500
Long-term borrowings		3,402		3,268
Lease liabilities		16		9
Others		10,869		19,009

Total fixed liabilities		394,788		402,787

Total liabilities		2,251,134		2,201,076

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2012			As of September 30, 2012
Net assets:
Shareholders’ equity:
Capital stock		2,138,487			2,139,378
Capital surplus:
Capital reserve		2,138,503			2,139,392
Other capital surplus		1,860,006			1,860,006

Total capital surplus		3,998,509			3,999,398

Retained earnings:
Other retained earnings:
Other reserve		150,000			150,000
Earned surplus brought forward		2,367,003			2,365,829

Total retained earnings		2,517,003			2,515,829

Treasury stock		(46	)		(51	)

Total shareholders’ equity		8,653,954			8,654,556

Valuation and translation adjustments:
Net deferred gains (losses) on hedging instruments		5,935			20,692

Total valuation and translation adjustments		5,935			20,692

Subscription rights to shares		7,933			7,850

Total net assets		8,667,823			8,683,099

Total liabilities and net assets		10,918,957			10,884,175

Mitsubishi UFJ Financial Group, Inc.

(2) Non-consolidated Statements of Income


(in millions of yen)	For the six months ended September 30, 2011		For the six months ended September 30, 2012
Operating income		160,243		108,377
Operating expenses		7,737		8,482

Operating profits		152,505		99,894

Non-operating income		8,220		8,051
Non-operating expenses		20,660		15,385

Ordinary profits		140,065		92,560

Extraordinary gains		5,388		454
Extraordinary losses		0		2

Income before income taxes		145,453		93,011

Income taxes-current		206		277
Income taxes-deferred		2,203		11

Total taxes		2,410		289

Net income		143,043		92,722

Mitsubishi UFJ Financial Group, Inc.

(3) Non-consolidated Statements of Changes in Net Assets


(in millions of yen)	For the six months ended September 30, 2011			For the six months ended September 30, 2012
Shareholders’ equity
Capital stock
Balance at the beginning of the period		2,137,476			2,138,487
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		1,006			891

Total changes during the period		1,006			891

Balance at the end of the period		2,138,483			2,139,378

Capital surplus
Capital reserve
Balance at the beginning of the period		2,137,493			2,138,503
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		1,005			889

Total changes during the period		1,005			889

Balance at the end of the period		2,138,498			2,139,392

Other capital surplus
Balance at the beginning of the period		1,860,006			1,860,006
Changes during the period
Disposition of treasury stock		(0	)		(0	)

Total changes during the period		(0	)		(0	)

Balance at the end of the period		1,860,006			1,860,006

Retained earnings
Other retained earnings
Other reserve
Balance at the beginning of the period		150,000			150,000

Balance at the end of the period		150,000			150,000

Earned surplus brought forward
Balance at the beginning of the period		2,316,337			2,367,003
Changes during the period
Dividends from retained earnings		(93,874	)		(93,896	)
Net income		143,043			92,722

Total changes during the period		49,168			(1,173	)

Balance at the end of the period		2,365,505			2,365,829

Treasury stock
Balance at the beginning of the period		(37	)		(46	)
Changes during the period
Repurchase of treasury stock		(6	)		(5	)
Disposition of treasury stock		1			0

Total changes during the period		(4	)		(4	)

Balance at the end of the period		(41	)		(51	)

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the six months ended September 30, 2011			For the six months ended September 30, 2012
Total shareholders’ equity
Balance at the beginning of the period		8,601,276			8,653,954
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		2,011			1,780
Dividends from retained earnings		(93,874	)		(93,896	)
Net income		143,043			92,722
Repurchase of treasury stock		(6	)		(5	)
Disposition of treasury stock		1			0

Total changes during the period		51,175			602

Balance at the end of the period		8,652,452			8,654,556

Valuation and translation adjustments
Net unrealized gains (losses) on other securities
Balance at the beginning of the period		4,257			—
Changes during the period
Net changes of items other than shareholders’ equity		(4,257	)		—

Total changes during the period		(4,257	)		—

Balance at the end of the period		—			—

Net deferred gains (losses) on hedging instruments
Balance at the beginning of the period		—			5,935
Changes during the period
Net changes of items other than shareholders’ equity		21,887			14,757

Total changes during the period		21,887			14,757

Balance at the end of the period		21,887			20,692

Subscription rights to shares
Balance at the beginning of the period		7,188			7,933
Changes during the period
Net changes of items other than shareholders’ equity		(320	)		(83	)

Total changes during the period		(320	)		(83	)

Balance at the end of the period		6,868			7,850

Total net assets
Balance at the beginning of the period		8,612,722			8,667,823
Changes during the period
Issuance of new shares-exercise of subscription rights to shares		2,011			1,780
Dividends from retained earnings		(93,874	)		(93,896	)
Net income		143,043			92,722
Repurchase of treasury stock		(6	)		(5	)
Disposition of treasury stock		1			0
Net changes of items other than shareholders’ equity		17,310			14,673

Total changes during the period		68,486			15,276

Balance at the end of the period		8,681,208			8,683,099

Mitsubishi UFJ Financial Group, Inc.

(4) Notes on Going-Concern Assumption

Not applicable

Selected Financial Information

under Japanese GAAP

For the Six Months Ended September 30, 2012

Mitsubishi UFJ Financial Group, Inc.

[Contents]


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

2. Average Interest Rate Spread			7
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]
[ BTMU and MUTB Combined ]

3. Notional Principal by the Remaining Life of the Interest Rate Swaps for Hedge-Accounting			8
[ MUFG Consolidated ][ BTMU Consolidated ][ MUTB Consolidated ]

4. Securities			9
[ MUFG Consolidated ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

5. ROE			12
[ MUFG Consolidated ]

6. Risk-Adjusted Capital Ratio Based on the Basel 2 Standards			13
[ MUFG Consolidated ][ BTMU Consolidated ][ MUTB Consolidated ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

7. Risk-Monitored Loans			14
[ MUFG Consolidated ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]
[ MUTB Non-consolidated : Trust Account ]

8. Non Performing Loans Based on the Financial Reconstruction Law (the “FRL”)			18
[ BTMU and MUTB Combined including Trust Account ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]
[ MUTB Non-consolidated : Trust Account ]

9. Progress in Disposition of Problem Assets			23
[ BTMU Non-consolidated ]
[ MUTB Non-consolidated including Trust Account ]

10. Loans Classified by Type of Industry, Domestic Consumer Loans, Domestic Loans to Small/Medium-Sized Companies and Proprietors			25
[ BTMU and MUTB Combined including Trust Accounts ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]
[ MUTB Non-consolidated : Trust Accounts ]

11. Overseas Loans			29
[ BTMU and MUTB Combined ]

12. Loans and Deposits			30
[ BTMU and MUTB Combined ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

13. Domestic Deposits			31
[ BTMU and MUTB Combined ]
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

14. Status of Deferred Tax Assets			32
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

(References)

1. Exposure to “Securitized Products and Related Investments”			34

2. Financial Statements			36
[ BTMU Non-consolidated ][ MUTB Non-consolidated ]

(*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 six months ended						Increase (Decrease) (A) - (B)
	September 30, 2012 (A)			September 30, 2011 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,831,597			1,789,885			41,712
Gross profits before credit costs for trust accounts		1,831,618			1,789,885			41,732
Net interest income		876,291			907,810			(31,518	)
Trust fees		46,066			49,282			(3,216	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net fees and commissions		472,408			474,047			(1,639	)
Net trading profits		133,918			97,357			36,561
Net other business profits		302,912			261,387			41,524
Net gains (losses) on debt securities		275,210			221,529			53,681
General and administrative expenses		1,014,430			990,182			24,247
Amortization of goodwill		14,814			14,812			2
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		832,003			814,515			17,488
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		817,188			799,702			17,485
Provision for general allowance for credit losses (2)		17,678			—			17,678
Net business profits*		834,845			799,702			35,143
Net non-recurring gains (losses)		(264,796	)		158,941			(423,738	)
Credit costs (3)		(108,571	)		(82,093	)		(26,478	)
Losses on loan write-offs		(64,315	)		(83,200	)		18,885
Provision for specific allowance for credit losses		(43,053	)		—			(43,053	)
Other credit costs		(1,203	)		1,107			(2,310	)
Reversal of allowance for credit losses (4)		—			17,013			(17,013	)
Reversal of reserve for contingent losses included in credit costs (5)		1,719			4,721			(3,002	)
Gains on loans written-off (6)		26,917			31,686			(4,768	)
Net gains (losses) on equity securities		(173,566	)		(96,797	)		(76,768	)
Gains on sales of equity securities		22,543			25,610			(3,066	)
Losses on sales of equity securities		(9,222	)		(15,140	)		5,917
Losses on write-down of equity securities		(186,887	)		(107,267	)		(79,619	)
Profits (losses) from investments in affiliates		27,407			321,666			(294,258	)
Other non-recurring gains (losses)		(38,703	)		(37,256	)		(1,447	)
Ordinary profits		570,048			958,644			(388,595	)
Net extraordinary gains (losses)		(26,994	)		4,441			(31,435	)
Losses on change in equity		(23,285	)		—			(23,285	)
Income before income taxes and others		543,054			963,085			(420,030	)
Income taxes-current		39,037			116,790			(77,752	)
Income taxes-deferred		155,715			92,567			63,147
Total taxes		194,753			209,358			(14,605	)
Income before minority interests		348,300			753,726			(405,425	)
Minority interests		57,816			57,635			180
Net income		290,484			696,091			(405,606	)
Note:
* Net business profits = Banking subsidiaries’ net business 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)		(62,277	)		(28,671	)		(33,606	)

Number of consolidated subsidiaries		211			228			(17	)
Number of affiliated companies accounted for under the equity method		57			56			1

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2012 (A)			September 30, 2011 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,257,877			1,216,928			40,948
Gross profits before credit costs for trust accounts		1,257,898			1,216,928			40,969
Net interest income		641,706			658,890			(17,183	)
Trust fees		34,583			37,072			(2,488	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net fees and commissions		230,500			225,989			4,511
Net trading profits		65,569			63,888			1,680
Net other business profits		285,516			231,087			54,429
Net gains (losses) on debt securities		266,661			214,667			51,994
General and administrative expenses		608,395			588,493			19,901
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		649,503			628,434			21,068
Provision for general allowance for credit losses (2)		16,758			—			16,758
Net business profits		666,240			628,434			37,806
Net non-recurring gains (losses)		(292,878	)		(147,765	)		(145,113	)
Credit costs (3)		(60,552	)		(30,050	)		(30,501	)
Losses on loan write-offs		(25,296	)		(29,517	)		4,220
Provision for specific allowance for credit losses		(34,058	)		—			(34,058	)
Other credit costs		(1,197	)		(533	)		(663	)
Reversal of allowance for credit losses (4)		—			10,832			(10,832	)
Reversal of reserve for contingent losses included in credit costs (5)		2,045			27			2,017
Gains on loans written-off (6)		13,202			18,680			(5,477	)
Net gains (losses) on equity securities		(201,874	)		(113,317	)		(88,557	)
Gains on sales of equity securities		17,849			19,636			(1,786	)
Losses on sales of equity securities		(8,237	)		(14,332	)		6,094
Losses on write-down of equity securities		(211,486	)		(118,621	)		(92,865	)
Other non-recurring gains (losses)		(45,699	)		(33,937	)		(11,762	)
Ordinary profits		373,361			480,669			(107,307	)
Net extraordinary gains (losses)		105			(1,681	)		1,787
Net gains (losses) on disposition of fixed assets		(3,445	)		1,846			(5,291	)
Losses on impairment of fixed assets		(2,190	)		(3,559	)		1,369
Income before income taxes		373,467			478,987			(105,519	)
Income taxes-current		11,843			88,922			(77,079	)
Income taxes-deferred		150,500			72,163			78,337
Total taxes		162,344			161,086			1,258
Net income		211,123			317,901			(106,777	)

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(28,566	)		(510	)		(28,056	)

Mitsubishi UFJ Financial Group, Inc.

BTMU Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2012 (A)			September 30, 2011 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,325,895			1,294,708			31,186
Net interest income		717,802			735,380			(17,578	)
Trust fees		4,557			5,531			(973	)
Net fees and commissions		251,888			250,483			1,405
Net trading profits		69,303			60,549			8,754
Net other business profits		282,341			242,763			39,578
Net gains (losses) on debt securities		254,530			207,170			47,359
General and administrative expenses		663,528			641,732			21,796
Amortization of goodwill		7,132			7,292			(159	)
Net business profits before provision for general allowance for credit losses and amortization of goodwill		669,498			660,268			9,229
Net business profits before provision for general allowance for credit losses		662,366			652,976			9,389
Provision for general allowance for credit losses (1)		10,517			—			10,517
Net business profits*		672,883			652,976			19,907
Net non-recurring gains (losses)		(233,420	)		(116,406	)		(117,014	)
Credit costs (2)		(67,044	)		(44,574	)		(22,470	)
Losses on loan write-offs		(37,844	)		(45,682	)		7,837
Provision for specific allowance for credit losses		(27,919	)		—			(27,919	)
Other credit costs		(1,280	)		1,107			(2,388	)
Reversal of allowance for credit losses (3)		—			20,157			(20,157	)
Reversal of reserve for contingent losses included in credit costs (4)		1,658			4,801			(3,142	)
Gains on loans written-off (5)		18,549			22,948			(4,398	)
Net gains (losses) on equity securities		(166,414	)		(100,780	)		(65,634	)
Gains on sales of equity securities		11,427			14,780			(3,352	)
Losses on sales of equity securities		(7,179	)		(10,547	)		3,367
Losses on write-down of equity securities		(170,662	)		(105,012	)		(65,649	)
Profits (losses) from investments in affiliates		6,028			4,320			1,708
Other non-recurring gains (losses)		(26,198	)		(23,279	)		(2,919	)
Ordinary profits		439,463			536,570			(97,107	)
Net extraordinary gains (losses)		(4,383	)		(4,312	)		(70	)
Net gains (losses) on disposition of fixed assets		(2,399	)		(1,809	)		(589	)
Losses on impairment of fixed assets		(2,020	)		(2,560	)		539
Income before income taxes and others		435,080			532,257			(97,177	)
Income taxes-current		25,678			93,265			(67,587	)
Income taxes-deferred		153,841			82,619			71,222
Total taxes		179,519			175,884			3,635
Income before minority interests		255,560			356,372			(100,812	)
Minority interests		27,990			30,428			(2,437	)
Net income		227,569			325,944			(98,375	)
Note:
* Net business profits = Net business 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)		(36,318	)		3,332			(39,650	)

Number of consolidated subsidiaries		129			135			(6	)
Number of affiliated companies accounted for under the equity method		52			49			3

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2012 (A)			September 30, 2011 (B)			Increase (Decrease) (A) - (B)
Gross profits		1,087,682			1,050,755			36,927
Domestic gross profits		620,918			651,203			(30,285	)
Net interest income		400,212			439,662			(39,449	)
Net fees and commissions		116,661			118,211			(1,549	)
Net trading profits		3,249			2,960			288
Net other business profits		100,795			90,369			10,425
Net gains (losses) on debt securities		116,268			96,988			19,279
Non-domestic gross profits		466,764			399,551			67,212
Net interest income		166,938			144,056			22,882
Net fees and commissions		73,410			68,491			4,919
Net trading profits		56,293			49,581			6,711
Net other business profits		170,121			137,422			32,699
Net gains (losses) on debt securities		132,766			106,059			26,707
General and administrative expenses		518,031			496,934			21,097
Personnel expenses		202,387			186,484			15,902
Non-personnel expenses		289,347			285,475			3,871
Amortization of goodwill		106			25			81
Taxes		26,297			24,974			1,322
Net business profits before provision for general allowance for credit losses and amortization of goodwill		569,757			553,846			15,911
Net business profits before provision for general allowance for credit losses		569,650			553,820			15,830
Provision for general allowance for credit losses (1)		11,396			—			11,396
Net business profits		581,046			553,820			27,226
Net non-recurring gains (losses)		(254,580	)		(137,306	)		(117,274	)
Credit costs (2)		(52,188	)		(29,537	)		(22,650	)
Losses on loan write-offs		(23,038	)		(29,004	)		5,965
Provision for specific allowance for credit losses		(27,874	)		—			(27,874	)
Other credit costs		(1,274	)		(533	)		(741	)
Reversal of allowance for credit losses (3)		—			5,422			(5,422	)
Reversal of reserve for contingent losses included in credit costs (4)		1,525			—			1,525
Gains on loans written-off (5)		12,455			16,567			(4,111	)
Net gains (losses) on equity securities		(183,310	)		(104,378	)		(78,931	)
Gains on sales of equity securities		8,892			12,146			(3,253	)
Losses on sales of equity securities		(6,558	)		(10,308	)		3,750
Losses on write-down of equity securities		(185,644	)		(106,216	)		(79,428	)
Other non-recurring gains (losses)		(33,063	)		(25,379	)		(7,684	)
Ordinary profits		326,466			416,514			(90,048	)
Net extraordinary gains (losses)		269			(4,992	)		5,262
Net gains (losses) on disposition of fixed assets		(3,469	)		(2,682	)		(786	)
Losses on impairment of fixed assets		(2,002	)		(2,340	)		338
Gains on liquidation of subsidiaries		5,741			—			5,741
Income before income taxes		326,736			411,522			(84,786	)
Income taxes-current		6,049			73,922			(67,872	)
Income taxes-deferred		149,269			65,699			83,569
Total taxes		155,319			139,621			15,697
Net income		171,416			271,900			(100,484	)

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		(26,810	)		(7,547	)		(19,262	)

Mitsubishi UFJ Financial Group, Inc.

MUTB Consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2012 (A)			September 30, 2011 (B)			Increase (Decrease) (A) - (B)
Gross profits		203,895			200,500			3,395
Gross profits before credit costs for trust accounts		203,916			200,500			3,415
Trust fees		41,676			43,876			(2,200	)
Trust fees before credit costs for trust accounts		41,697			43,876			(2,179	)
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		2,883			3,391			(508	)
Other trust fees		38,813			40,484			(1,670	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net interest income		72,459			74,670			(2,211	)
Net fees and commissions		67,162			65,905			1,256
Net trading profits		7,770			12,631			(4,860	)
Net other business profits		14,826			3,415			11,410
Net gains (losses) on debt securities		17,614			11,561			6,053
General and administrative expenses		116,846			117,845			(998	)
Amortization of goodwill		108			108			—
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		87,177			82,763			4,414
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		87,069			82,655			4,414
Provision for general allowance for credit losses (2)		5,357			—			5,357
Net business profits*		92,406			82,655			9,750
Net non-recurring gains (losses)		(37,179	)		(9,465	)		(27,714	)
Credit costs (3)		(8,482	)		(755	)		(7,727	)
Losses on loan write-offs		(2,349	)		(755	)		(1,594	)
Provision for specific allowance for credit losses		(6,210	)		—			(6,210	)
Other credit costs		77			—			77
Reversal of allowance for credit losses (4)		—			5,561			(5,561	)
Reversal of reserve for contingent losses included in credit costs (5)		519			16			503
Gains on loans written-off (6)		772			2,043			(1,271	)
Net gains (losses) on equity securities		(18,122	)		(8,888	)		(9,233	)
Gains on sales of equity securities		9,399			7,155			2,243
Losses on sales of equity securities		(1,679	)		(4,023	)		2,343
Losses on write-down of equity securities		(25,842	)		(12,021	)		(13,820	)
Profits (losses) from investments in affiliates		1,276			1,633			(357	)
Other non-recurring gains (losses)		(13,142	)		(9,076	)		(4,066	)
Ordinary profits		55,226			73,190			(17,963	)
Net extraordinary gains (losses)		(220	)		3,276			(3,496	)
Net gains (losses) on disposition of fixed assets		(8	)		4,509			(4,518	)
Losses on impairment of fixed assets		(211	)		(1,233	)		1,021
Income before income taxes and others		55,005			76,466			(21,460	)
Income taxes-current		9,519			18,243			(8,723	)
Income taxes-deferred		1,113			6,649			(5,536	)
Total taxes		10,633			24,892			(14,259	)
Income before minority interests		44,372			51,573			(7,200	)
Minority interests		3,574			3,812			(237	)
Net income		40,798			47,761			(6,962	)
Note:
* Net business profits = Net business 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)		(1,854	)		6,866			(8,720	)

Number of consolidated subsidiaries		28			30			(2	)
Number of affiliated companies accounted for under the equity method		12			11			1

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in millions of yen)
	For the six months ended						Increase (Decrease) (A) - (B)
	September 30, 2012 (A)			September 30, 2011 (B)			Increase (Decrease) (A) - (B)
Gross profits		170,194			166,172			4,021
Gross profits before credit costs for trust accounts		170,215			166,172			4,042
Domestic gross profits		145,307			124,125			21,182
Trust fees		34,583			37,072			(2,488	)
Trust fees before credit costs for trust accounts		34,604			37,072			(2,467	)
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		2,883			3,391			(508	)
Other trust fees		31,721			33,680			(1,959	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net interest income		47,340			49,704			(2,363	)
Net fees and commissions		40,759			39,821			937
Net trading profits		15,646			14,683			963
Net other business profits		6,977			(17,156	)		24,133
Net gains (losses) on debt securities		8,157			(10,700	)		18,857
Non-domestic gross profits		24,887			42,047			(17,160	)
Net interest income		27,215			25,467			1,747
Net fees and commissions		(330	)		(534	)		203
Net trading profits		(9,619	)		(3,336	)		(6,282	)
Net other business profits		7,622			20,451			(12,829	)
Net gains (losses) on debt securities		9,469			22,319			(12,849	)
General and administrative expenses		90,363			91,559			(1,195	)
Personnel expenses		35,948			34,311			1,636
Non-personnel expenses		50,551			52,895			(2,343	)
Taxes		3,863			4,352			(489	)
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		79,852			74,613			5,238
Provision for general allowance for credit losses (2)		5,362			—			5,362
Net business profits		85,193			74,613			10,580
Net non-recurring gains (losses)		(38,298	)		(10,459	)		(27,839	)
Credit costs (3)		(8,364	)		(513	)		(7,850	)
Losses on loan write-offs		(2,258	)		(513	)		(1,744	)
Provision for specific allowance for credit losses		(6,184	)		—			(6,184	)
Other credit costs		77			—			77
Reversal of allowance for credit losses (4)		—			5,409			(5,409	)
Reversal of reserve for contingent losses included in credit costs (5)		519			27			491
Gains on loans written-off (6)		746			2,113			(1,366	)
Net gains (losses) on equity securities		(18,564	)		(8,938	)		(9,625	)
Gains on sales of equity securities		8,957			7,489			1,467
Losses on sales of equity securities		(1,679	)		(4,023	)		2,343
Losses on write-down of equity securities		(25,842	)		(12,405	)		(13,436	)
Other non-recurring gains (losses)		(12,635	)		(8,557	)		(4,078	)
Ordinary profits		46,895			64,154			(17,259	)
Net extraordinary gains (losses)		(164	)		3,310			(3,474	)
Net gains (losses) on disposition of fixed assets		23			4,528			(4,505	)
Losses on impairment of fixed assets		(187	)		(1,218	)		1,030
Income before income taxes		46,731			67,465			(20,733	)
Income taxes-current		5,793			15,000			(9,206	)
Income taxes-deferred		1,230			6,463			(5,232	)
Total taxes		7,024			21,464			(14,439	)
Net income		39,707			46,000			(6,293	)

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(1,756	)		7,037			(8,793	)

Mitsubishi UFJ Financial Group, Inc.

2. Average Interest Rate Spread

BTMU Non-consolidated


	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2012 (A)		Increase (Decrease) (A) - (B)			For the six months ended September 30, 2011 (B)
Total average interest rate on interest-earning assets (a)		0.81		(0.12	)		0.94
Average interest rate on loans and bills discounted (b)		1.27		(0.15	)		1.42
Average interest rate on securities		0.47		(0.08	)		0.56
Total average interest rate on interest-bearing liabilities (c) <including general and administrative expenses>		0.78		(0.02	)		0.81
Average interest rate on deposits and NCD (d)		0.05		(0.00	)		0.06
Average interest rate on other liabilities		0.24		(0.08	)		0.33
Overall interest rate spread (a)-(c)		0.03		(0.10	)		0.13
Interest rate spread (b)-(d)		1.22		(0.14	)		1.36

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		1.43		(0.08	)		1.51
Interest rate spread (e)-(d)		1.37		(0.07	)		1.45

MUTB Non-consolidated

	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2012 (A)		Increase (Decrease) (A) - (B)			For the six months ended September 30, 2011 (B)
Total average interest rate on interest-earning assets (a)		0.76		(0.06	)		0.82
Average interest rate on loans and bills discounted (b)		0.97		(0.05	)		1.02
Average interest rate on securities		0.61		(0.09	)		0.71
Total average interest rate on interest-bearing liabilities (c)		0.23		(0.03	)		0.26
Average interest rate on deposits and NCD (d)		0.20		(0.03	)		0.24
Overall interest rate spread (a)-(c)		0.53		(0.02	)		0.56
Interest rate spread (b)-(d)		0.76		(0.01	)		0.77

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.98		(0.07	)		1.06
Interest rate spread (e)-(d)		0.77		(0.03	)		0.81

BTMU and MUTB combined

	(percentage per annum)
(Domestic business segment)	For the six months ended September 30, 2012 (A)		Increase (Decrease) (A) - (B)			For the six months ended September 30, 2011 (B)
Average interest rate on loans and bills discounted (a)		1.22		(0.13	)		1.36
Average interest rate on deposits and NCD (b)		0.07		(0.01	)		0.08
Interest rate spread (a)-(b)		1.15		(0.12	)		1.27

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (c)		1.35		(0.08	)		1.43
Interest rate spread (c)-(b)		1.28		(0.07	)		1.35

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 September 30, 2012

within
1 year

1 year to
5 years

over
5 years

Total

Receive-fix/pay-floater

1,930.2

2,151.6

3,222.9

7,304.7

Receive-floater/pay-fix

869.3

5,286.3

1,320.5

7,476.2

Receive-floater/pay-floater

—

20.0

—

20.0

Receive-fix/pay-fix

—

89.0

9.7

98.8

Total

2,799.6

7,547.0

4,553.1

14,899.8

BTMU Consolidated

(in billions of yen)

As of September 30, 2012

within
1 year

1 year to
5 years

over
5 years

Total

Receive-fix/pay-floater

1,064.3

1,456.4

3,163.4

5,684.1

Receive-floater/pay-fix

731.8

4,130.2

225.3

5,087.4

Receive-floater/pay-floater

—

20.0

—

20.0

Receive-fix/pay-fix

—

Total

1,796.1

5,606.7

3,388.7

10,791.6

MUTB Consolidated

(in billions of yen)

As of September 30, 2012

within
1 year

1 year to
5 years

over
5 years

Total

Receive-fix/pay-floater

866.8

704.3

59.5

1,630.6

Receive-floater/pay-fix

150.4

1,114.5

1,130.0

2,395.1

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

1,017.2

1,818.8

1,189.5

4,025.7

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 September 30, 2012									As of March 31, 2012
	Amount on consolidated balance sheet		Differences							Amount on consolidated balance sheet		Differences
	Amount on consolidated balance sheet		Differences			Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Debt securities being held to maturity		2,503,202		45,782			54,260		8,477		2,607,013		30,314			48,855		18,540
Domestic bonds		543,487		2,838			2,838		—		615,146		4,370			4,383		12
Government bonds		529,937		2,774			2,774		—		556,942		4,168			4,168		—
Municipal bonds		—		—			—		—		3,530		6			6		—
Corporate bonds		13,550		63			63		—		54,672		196			208		12
Other		1,959,714		42,944			51,422		8,477		1,991,867		25,943			44,472		18,528
Foreign bonds		711,116		(3,949	)		4,274		8,223		850,023		(11,292	)		5,271		16,563
Other		1,248,598		46,893			47,147		254		1,141,844		37,236			39,201		1,964

	(in millions of yen)
	As of September 30, 2012									As of March 31, 2012
	Amount on consolidated balance sheet		Differences							Amount on consolidated balance sheet		Differences
	Amount on consolidated balance sheet		Differences			Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Other securities		74,094,150		699,613			1,168,394		468,781		74,831,720		832,059			1,260,004		427,945
Domestic equity securities		2,870,306		61,557			448,170		386,613		3,333,887		321,739			661,036		339,297
Domestic bonds		50,862,168		263,960			276,666		12,705		51,566,808		217,511			230,777		13,265
Government bonds		47,544,044		201,011			205,461		4,449		48,005,803		155,174			158,048		2,874
Municipal bonds		195,301		8,510			8,510		—		180,778		7,750			7,750		—
Corporate bonds		3,122,821		54,438			62,695		8,256		3,380,226		54,586			64,977		10,391
Other		20,361,675		374,095			443,557		69,462		19,931,025		292,808			368,190		75,381
Foreign equity securities		150,272		31,860			32,925		1,065		170,324		50,249			51,560		1,311
Foreign bonds		17,960,647		330,462			344,687		14,224		17,921,947		260,668			279,026		18,358
Other		2,250,755		11,771			65,944		54,172		1,838,753		(18,109	)		37,603		55,712

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 September 30, 2012

As of March 31, 2012

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Debt securities being held to maturity

1,396,004

32,381

32,480

1,290,873

26,526

28,491

1,964

Stocks of subsidiaries and affiliates

81,357

(8,097

)

2,387

10,484

98,313

(10,198

)

5,741

15,940


	(in millions of yen)
	As of September 30, 2012									As of March 31, 2012
	Amount on balance sheet		Differences			Gains		Losses		Amount on balance sheet		Differences		Gains		Losses
Other securities		59,125,251		345,653			774,730		429,077		61,072,230		480,969		903,881		422,911
Domestic equity securities		2,293,832		(70,958	)		328,465		399,423		2,647,024		107,422		489,872		382,450
Domestic bonds		43,919,996		196,411			208,213		11,801		45,565,304		177,582		189,846		12,264
Other		12,911,422		220,199			238,052		17,852		12,859,902		195,965		224,162		28,197
Foreign equity securities		141,838		30,727			30,788		61		161,308		49,207		49,218		10
Foreign bonds		10,852,711		147,208			150,663		3,455		11,250,102		136,806		144,639		7,832
Other		1,916,872		42,263			56,599		14,335		1,448,490		9,950		30,304		20,354

Redemption schedule of other securities with maturities and debt securities being held to maturity

(in millions of yen)

As of September 30, 2012

As of March 31, 2012

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

14,954,619

23,119,421

3,336,163

2,759,807

14,594,582

24,364,248

4,444,642

2,411,878

Government bonds

14,464,434

21,914,819

2,979,818

1,938,190

14,250,338

22,826,908

3,967,327

1,626,773

Municipal bonds

12,931

85,888

95,828

395

4,383

67,796

107,925

397

Corporate bonds

477,253

1,118,714

260,516

821,221

339,860

1,469,543

369,389

784,708

Other

1,208,043

5,417,475

2,531,063

3,275,037

1,092,993

5,354,112

2,916,153

3,399,755

Foreign bonds

1,046,393

5,222,009

1,616,856

2,948,252

929,659

5,150,461

2,215,231

2,934,997

Other

161,649

195,466

914,207

326,785

163,333

203,651

700,921

464,758

Total

16,162,663

28,536,897

5,867,226

6,034,844

15,687,575

29,718,361

7,360,795

5,811,634

Mitsubishi UFJ Financial Group, Inc.

MUTB 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 September 30, 2012

As of March 31, 2012

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Debt securities being held to maturity

733,804

5,037

5,089

1,020,692

6,699

6,870

171

Stocks of subsidiaries and affiliates

57,771

37,852

38,284

431

49,470

26,561

26,721

159


	(in millions of yen)
	As of September 30, 2012									As of March 31, 2012
	Amount on balance sheet		Differences			Gains		Losses		Amount on balance sheet		Differences			Gains		Losses
Other securities		12,818,677		226,356			349,197		122,841		11,452,187		219,904			322,684		102,780
Domestic equity securities		592,571		34,488			114,461		79,973		700,397		105,554			168,078		62,524
Domestic bonds		6,773,867		61,720			62,749		1,029		5,734,215		37,511			38,615		1,104
Other		5,452,238		130,146			171,986		41,839		5,017,574		76,838			115,989		39,151
Foreign equity securities		5,929		(100	)		52		153		6,037		(354	)		71		426
Foreign bonds		5,169,332		160,855			163,769		2,914		4,692,092		106,327			110,414		4,087
Other		276,976		(30,608	)		8,163		38,772		319,444		(29,134	)		5,503		34,637

Redemption schedule of other securities with maturities and debt securities being held to maturity


	(in millions of yen)
	As of September 30, 2012								As of March 31, 2012
	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		296,464		5,045,533		1,685,525		38,682		206,889		4,760,216		1,054,908		69,059
Government bonds		193,067		4,850,593		1,572,684		21,160		76,982		4,560,422		960,978		53,021
Municipal bonds		—		—		212		45		3,530		—		228		46
Corporate bonds		103,396		194,939		112,629		17,476		126,376		199,794		93,701		15,992
Other		604,006		3,075,555		1,206,262		871,583		510,647		3,175,556		1,016,334		816,659
Foreign bonds		600,966		3,027,376		1,127,315		855,140		500,238		3,097,832		957,582		800,271
Other		3,039		48,178		78,947		16,442		10,408		77,723		58,751		16,387
Total		900,470		8,121,088		2,891,788		910,266		717,537		7,935,772		2,071,242		885,718

Mitsubishi UFJ Financial Group, Inc.

5. ROE

MUFG Consolidated

(%)

For the six months
ended
September 30, 2012
(A)

Increase
(Decrease)
(A) - (B)

For the six months
ended
September 30, 2011
(B)

ROE*

6.14

(6.37

)

12.52


Note:
* ROE is computed as follows:

Net income × 2 - Equivalent of annual dividends on nonconvertible preferred stocks			× 100
{(Total shareholders’ equity at the beginning of the period - Number of nonconvertible preferred stocks at the beginning of the period × Issue price + Foreign currency translation adjustments at the beginning of the period) + (Total shareholders’ equity at the end of the period - Number of nonconvertible preferred stocks at the end of the period × Issue price + Foreign currency translation adjustments at the end of the period)} / 2

Mitsubishi UFJ Financial Group, Inc.

6. Risk-Adjusted Capital Ratio Based on the Basel 2 Standards

MUFG Consolidated


		(in billions of yen)
		As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
(1)	Risk-adjusted capital ratio		14.30	%		(0.60	)%		14.91	%
	Tier 1 ratio		12.57	%		0.26	%		12.31	%
(2)	Tier 1 capital		10,832.2			309.9			10,522.2
(3)	Qualified Tier 2 capital		3,268.7			(770.0	)		4,038.7
(4)	Deductions from total qualifying capital		1,782.4			(36.0	)		1,818.4
(5)	Net qualifying capital (2)+(3)-(4)		12,318.4			(424.0	)		12,742.5
(6)	Risk-adjusted assets		86,117.9			661.3			85,456.5
(7)	Required Capital		6,889.4			52.9			6,836.5

BTMU Consolidated


		(in billions of yen)
		As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
(1)	Risk-adjusted capital ratio		15.48	%		(0.78	)%		16.27	%
	Tier 1 ratio		11.92	%		0.15	%		11.76	%
(2)	Tier 1 capital		8,643.9			170.8			8,473.1
(3)	Qualified Tier 2 capital		2,831.2			(682.7	)		3,513.9
(4)	Deductions from total qualifying capital		252.1			(18.8	)		271.0
(5)	Net qualifying capital (2)+(3)-(4)		11,223.0			(493.0	)		11,716.1
(6)	Risk-adjusted assets		72,480.0			486.6			71,993.4
(7)	Required Capital		5,798.4			38.9			5,759.4

MUTB Consolidated


		(in billions of yen)
		As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
(1)	Risk-adjusted capital ratio		15.49	%		(0.24	)%		15.74	%
	Tier 1 ratio		12.54	%		0.15	%		12.38	%
(2)	Tier 1 capital		1,500.7			30.0			1,470.6
(3)	Qualified Tier 2 capital		477.6			(43.1	)		520.7
(4)	Deductions from total qualifying capital		124.8			2.6			122.2
(5)	Net qualifying capital (2)+(3)-(4)		1,853.5			(15.6	)		1,869.1
(6)	Risk-adjusted assets		11,960.1			88.5			11,871.6
(7)	Required Capital		956.8			7.0			949.7

BTMU Non-consolidated


		(in billions of yen)
		As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
(1)	Risk-adjusted capital ratio		16.55	%		(0.85	)%		17.41	%
	Tier 1 ratio		12.74	%		0.14	%		12.60	%
(2)	Tier 1 capital		8,452.8			118.9			8,333.9
(3)	Net qualifying capital		10,981.3			(533.0	)		11,514.3
(4)	Risk-adjusted assets		66,324.6			198.3			66,126.2
(5)	Required Capital		5,305.9			15.8			5,290.1

MUTB Non-consolidated


		(in billions of yen)
		As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
(1)	Risk-adjusted capital ratio		15.57	%		(0.19	)%		15.76	%
	Tier 1 ratio		11.85	%		0.14	%		11.71	%
(2)	Tier 1 capital		1,437.7			26.8			1,410.8
(3)	Net qualifying capital		1,888.6			(11.3	)		1,899.9
(4)	Risk-adjusted assets		12,126.8			78.4			12,048.4
(5)	Required Capital		970.1			6.2			963.8

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. Required Capital is 8% of risk-adjusted assets.

Mitsubishi UFJ Financial Group, Inc.

7. Risk-Monitored Loans

MUFG Consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of September 30, 2012 (A)		% to total loans and bills discounted			As of March 31, 2012 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		34,458		0.04	%		37,839		0.04	%		(3,381	)		(0.00	)%
Non-accrual delinquent loans		1,168,631		1.38	%		1,107,470		1.31	%		61,160			0.06	%
Accruing loans contractually past due 3 months or more		65,161		0.07	%		76,519		0.09	%		(11,357	)		(0.01	)%
Restructured loans		630,835		0.74	%		642,361		0.76	%		(11,525	)		(0.01	)%

Total risk monitored loans		1,899,086		2.24	%		1,864,190		2.20	%		34,895			0.03	%

Total loans and bills discounted		84,681,117					84,492,697					188,420


Written-off		646,789					668,234					(21,444	)

(2) Allowance for Credit Losses


	(in millions of yen)
	As of September 30, 2012 (A)		% to total risk monitored loans			As of March 31, 2012 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		1,090,289		57.41	%		1,123,773		60.28	%		(33,483	)		(2.87	)%
General allowance for credit losses		720,898					748,128					(27,230	)
Specific allowance for credit losses		368,595					375,017					(6,422	)
Allowance for credit to specific foreign borrowers		795					626					169

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,673,986		1,633,285		40,700
Overseas		225,100		230,905		(5,804	)
Asia		15,798		14,443		1,355
Indonesia		1,291		883		408
Thailand		4,566		5,916		(1,350	)
Hong Kong		1,112		363		748
Other		8,828		7,279		1,548
United States of America		83,415		89,234		(5,819	)
Other		125,886		127,227		(1,340	)

Total		1,899,086		1,864,190		34,895

Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,673,986		1,633,285		40,700
Manufacturing		299,884		271,210		28,673
Construction		49,190		48,544		645
Wholesale and retail		288,243		268,275		19,968
Finance and insurance		10,378		14,114		(3,735	)
Real estate, goods rental and leasing		214,022		175,488		38,534
Services		135,714		133,054		2,659
Other industries		84,818		85,697		(879	)
Consumer		591,733		636,898		(45,165	)
Overseas		225,100		230,905		(5,804	)
Financial institutions		24,461		27,021		(2,559	)
Commercial and industrial		98,133		102,393		(4,259	)
Other		102,504		101,490		1,014

Total		1,899,086		1,864,190		34,895

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of September 30, 2012 (A)		% to total loans and bills discounted			As of March 31, 2012 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		30,885		0.04	%		33,997		0.04	%		(3,111	)		(0.00	)%
Non-accrual delinquent loans		974,469		1.41	%		899,774		1.29	%		74,695			0.11	%
Accruing loans contractually past due 3 months or more		62,334		0.09	%		61,388		0.08	%		945			0.00	%
Restructured loans		465,464		0.67	%		476,297		0.68	%		(10,832	)		(0.01	)%

Total risk monitored loans		1,533,153		2.21	%		1,471,457		2.12	%		61,696			0.09	%

Total loans and bills discounted		69,074,738					69,386,000					(311,262	)


Written-off		440,341					455,314					(14,972	)

(2) Allowance for Credit Losses

	(in millions of yen)
	As of September 30, 2012 (A)		% to total risk monitored loans			As of March 31, 2012 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		752,113		49.05	%		762,942		51.84	%		(10,828	)		(2.79	)%
General allowance for credit losses		476,643					488,039					(11,396	)
Specific allowance for credit losses		274,675					274,276					398
Allowance for credit to specific foreign borrowers		795					626					169

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,403,389		1,337,153		66,236
Overseas		129,764		134,304		(4,539	)
Asia		3,758		3,721		37
Indonesia		209		—		209
Thailand		167		929		(761	)
Hong Kong		1,112		363		748
Other		2,268		2,428		(160	)
United States of America		3,431		3,462		(31	)
Other		122,574		127,119		(4,545	)

Total		1,533,153		1,471,457		61,696

Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,403,389		1,337,153		66,236
Manufacturing		271,069		249,932		21,137
Construction		46,980		47,837		(856	)
Wholesale and retail		285,443		264,867		20,575
Finance and insurance		8,966		8,028		937
Real estate		187,990		145,848		42,142
Goods rental and leasing		5,617		5,204		413
Services		133,383		130,735		2,647
Other industries		82,443		82,630		(187	)
Consumer		381,494		402,067		(20,573	)
Overseas		129,764		134,304		(4,539	)
Financial institutions		23,813		25,252		(1,438	)
Commercial and industrial		45,714		45,787		(72	)
Other		60,236		63,264		(3,027	)

Total		1,533,153		1,471,457		61,696

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of September 30, 2012 (A)		% to total loans and bills discounted			As of March 31, 2012 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		422		0.00	%		1,981		0.01	%		(1,559	)		(0.01	)%
Non-accrual delinquent loans		53,209		0.49	%		45,798		0.43	%		7,410			0.05	%
Accruing loans contractually past due 3 months or more		397		0.00	%		150		0.00	%		246			0.00	%
Restructured loans		18,306		0.16	%		18,722		0.17	%		(415	)		(0.00	)%

Total risk monitored loans		72,335		0.66	%		66,652		0.63	%		5,682			0.03	%

Total loans and bills discounted		10,796,829					10,520,913					275,916


Written-off		18,867					20,137					(1,269	)

(2) Allowance for Credit Losses


	(in millions of yen)
	As of September 30, 2012 (A)		% to total risk monitored loans			As of March 31, 2012 (B)		% to total risk monitored loans			Increase (Decrease) (A) - (B)			% to total risk monitored loans
Allowance for credit losses		57,908		80.05	%		63,931		95.91	%		(6,023	)		(15.86	)%
General allowance for credit losses		35,464					40,826					(5,362	)
Specific allowance for credit losses		22,444					23,105					(660	)
Allowance for credit to specific foreign borrowers		—					—					—

(3) Classification of Risk-Monitored Loans

Classified by Geographic Area


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		69,109		66,639		2,470
Overseas		3,225		13		3,212
Asia		—		—		—
Indonesia		—		—		—
Thailand		—		—		—
Hong Kong		—		—		—
Other		—		—		—
United States of America		—		—		—
Other		3,225		13		3,212

Total		72,335		66,652		5,682

Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		69,109		66,639		2,470
Manufacturing		28,767		21,231		7,535
Construction		2,180		671		1,508
Wholesale and retail		2,520		3,088		(567	)
Finance and insurance		1,380		6,052		(4,672	)
Real estate		19,547		19,853		(306	)
Goods rental and leasing		—		—		—
Services		2,277		2,253		24
Other industries		2,370		3,060		(689	)
Consumer		10,065		10,428		(362	)
Overseas		3,225		13		3,212
Financial institutions		—		—		—
Commercial and industrial		3,212		—		3,212
Other		13		13		(0	)

Total		72,335		66,652		5,682

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 September 30, 2012 (A)		% to total loans and bills discounted			As of March 31, 2012 (B)		% to total loans and bills discounted			Increase (Decrease) (A) - (B)			% to total loans and bills discounted
Loans to bankrupt borrowers		77		0.08	%		81		0.08	%		(3	)		0.00	%
Non-accrual delinquent loans		0		0.00	%		28		0.03	%		(28	)		(0.03	)%
Accruing loans contractually past due 3 months or more		158		0.17	%		164		0.17	%		(5	)		0.00	%
Restructured loans		444		0.49	%		779		0.83	%		(334	)		(0.33	)%

Total risk monitored loans		681		0.76	%		1,053		1.12	%		(371	)		(0.35	)%

Total loans and bills discounted		89,219					93,829					(4,610	)

(2) Allowance for Credit Losses

(in millions of yen)

As of
September 30, 2012
(A)

As of
March 31, 2012
(B)

Increase
(Decrease)
(A) - (B)

Allowance for bad debts

267

282

(15

)

(3) Classification of Risk-Monitored Loans

Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		681		1,053		(371	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		472		782		(310	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		208		270		(61	)

Total		681		1,053		(371	)

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 September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		112,581			107,189			5,392
Doubtful		991,574			917,548			74,025
Special Attention		546,960			557,416			(10,456	)

Non Performing Loans (1)		1,651,117			1,582,155			68,962

Normal		86,549,349			87,389,539			(840,190	)

Total		88,200,466			88,971,694			(771,228	)


Non Performing Loans / Total		1.87	%		1.77	%		0.09	%

(2) Status of Coverage of Non Performing Loans

	(in millions of yen)
	As of September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		1,285,841			1,242,856			42,984
Allowance for credit losses		423,410			396,572			26,838
Collateral, guarantees, etc.		862,431			846,284			16,146

Coverage ratio (2) / (1)		77.87	%		78.55	%		(0.67	)%

(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

112,581

3,324

109,256

100.00

[107,189

]

[1,573

]

[105,616

]

[100.00

Doubtful

991,574

289,144

435,825

73.11

[917,548

]

[266,783

]

[410,937

]

[73.86

Special Attention

546,960

130,940

317,348

81.96

[557,416

]

[128,215

]

[329,730

]

[82.15

Total

1,651,117

423,410

862,431

77.87

[1,582,155

]

[396,572

]

[846,284

]

[78.55

Note:

The upper figures are as of September 30, 2012. The lower figures with brackets are as of March 31, 2012.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,511,103		1,439,572		71,530
Manufacturing		306,227		275,784		30,442
Construction		49,785		49,679		106
Wholesale and retail		308,258		285,740		22,517
Finance and insurance		12,660		16,339		(3,679	)
Real estate		211,262		169,718		41,544
Goods rental and leasing		5,670		5,214		456
Services		137,741		135,439		2,301
Other industries		87,013		88,058		(1,045	)
Consumer		392,483		413,596		(21,113	)
Overseas		140,014		142,582		(2,568	)
Financial institutions		23,815		25,254		(1,438	)
Commercial and industrial		55,948		54,050		1,898
Other		60,249		63,277		(3,027	)

Total		1,651,117		1,582,155		68,962

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		109,129			103,380			5,749
Doubtful		941,107			873,332			67,775
Special Attention		527,798			537,685			(9,886	)

Non Performing Loans (1)		1,578,036			1,514,398			63,637

Normal		75,500,079			76,648,955			(1,148,876	)

Total		77,078,115			78,163,354			(1,085,238	)


Non Performing Loans / Total		2.04	%		1.93	%		0.10	%

(2) Status of Coverage of Non Performing Loans


	(in millions of yen)
	As of September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		1,226,175			1,188,917			37,257
Allowance for credit losses		396,237			374,785			21,452
Collateral, guarantees, etc.		829,937			814,132			15,804
Coverage ratio (2) / (1)		77.70	%		78.50	%		(0.80	)%

(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

109,129

3,293

105,836

100.00

[103,380

]

[1,544

]

[101,835

]

[100.00

Doubtful

941,107

267,378

418,582

51.17

72.88

[873,332

]

[250,820

]

[394,417

]

[52.37

[73.88

Special Attention

527,798

125,566

305,518

56.48

81.67

[537,685

]

[122,420

]

[317,878

]

[55.69

[81.88

Total

1,578,036

396,237

829,937

52.96

77.70

[1,514,398

]

[374,785

]

[814,132

]

[53.52

[78.50

Note:

The upper figures are as of September 30, 2012. The lower figures with brackets are as of March 31, 2012.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,441,250		1,371,831		69,419
Manufacturing		277,454		254,553		22,900
Construction		47,589		48,994		(1,404	)
Wholesale and retail		305,736		282,652		23,084
Finance and insurance		11,280		10,286		993
Real estate		191,243		149,081		42,161
Goods rental and leasing		5,670		5,214		456
Services		135,449		133,173		2,276
Other industries		84,642		84,998		(356	)
Consumer		382,183		402,876		(20,692	)
Overseas		136,785		142,567		(5,781	)
Financial institutions		23,813		25,252		(1,438	)
Commercial and industrial		52,735		54,050		(1,315	)
Other		60,236		63,264		(3,027	)

Total		1,578,036		1,514,398		63,637

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non Performing Loans


	(in millions of yen)
	As of September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		3,373			3,698			(324	)
Doubtful		50,321			44,131			6,190
Special Attention		18,704			18,873			(168	)
Non Performing Loans (1)		72,399			66,702			5,696

Normal		10,960,731			10,647,807			312,923

Total		11,033,131			10,714,510			318,620


Non Performing Loans / Total		0.65	%		0.62	%		0.03	%

(2) Status of Coverage of Non Performing Loans


	(in millions of yen)
	As of September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		59,100			53,128			5,972
Allowance for credit losses		27,172			21,786			5,386
Collateral, guarantees, etc.		31,927			31,341			585

Coverage ratio (2) / (1)		81.63	%		79.64	%		1.98	%

(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

3,373

3,342

100.00

[3,698

]

[28

]

[3,670

]

[100.00

Doubtful

50,321

21,766

17,133

65.58

77.30

[44,131

]

[15,962

]

[16,435

]

[57.63

[73.41

Special Attention

18,704

5,374

11,451

74.10

89.95

[18,873

]

[5,795

]

[11,236

]

[75.88

[90.24

Total

72,399

27,172

31,927

67.13

81.63

[66,702

]

[21,786

]

[31,341

]

[61.61

[79.64

Note: The upper figures are as of September 30, 2012. The lower figures with brackets are as of March 31, 2012.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		69,171		66,687		2,483
Manufacturing		28,773		21,231		7,542
Construction		2,195		684		1,511
Wholesale and retail		2,521		3,088		(566	)
Finance and insurance		1,380		6,052		(4,672	)
Real estate		19,547		19,853		(306	)
Goods rental and leasing		—		—		—
Services		2,291		2,266		24
Other industries		2,370		3,060		(689	)
Consumer		10,090		10,449		(359	)
Overseas		3,228		15		3,213
Financial institutions		2		2		—
Commercial and industrial		3,213		—		3,213
Other		13		13		(0	)

Total		72,399		66,702		5,696

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 September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt		78			109			(31	)
Doubtful		145			85			60
Special Attention		457			858			(400	)

Non Performing Loans (1)		681			1,053			(371	)

Normal		88,538			92,776			(4,238	)

Total		89,219			93,829			(4,610	)


Non Performing Loans / Total		0.76	%		1.12	%		(0.35	)%

(2) Status of Coverage of Non Performing Loans


	(in millions of yen)
	As of September 30, 2012 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)		566			810			(244	)
Allowance for credit losses		—			—			—
Collateral, guarantees, etc.		566			810			(244	)

Coverage ratio (2) / (1)		83.13	%		76.96	%		6.16	%

(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

—

100.00

[109

]

[—

]

[109

]

[100.00

Doubtful

145

—

109

75.07

[85

]

[—

]

[85

]

[99.94

Special Attention

457

—

379

82.81

[858

]

[—

]

[615

]

[71.73

Total

681

—

566

83.13

[1,053

]

[—

]

[810

]

[76.96

Note: The upper figures are as of September 30, 2012. The lower figures with brackets are as of March 31, 2012.

(4) Classified by Industry


	(in millions of yen)
	As of September 30, 2012 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		681		1,053		(371	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		472		782		(310	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		208		270		(61	)

Total		681		1,053		(371	)

Mitsubishi UFJ Financial Group, Inc.

Overview of Non-Performing Loans

BTMU and MUTB Combined

(in billions of yen)

Self-Assessment

Classification

Coverage ratio for
unsecured portion

Non-Performing Loans
Based on the “FRL”

Risk-Monitored Loans

Category of
Borrowers

Non-
Classification

Classification
II

Classification
III

Classification
IV

Bankrupt Borrowers

[109.1]

[2.5]

[0.8]
(*1)

100.00%

i) Bankrupt or
De facto Bankrupt
[112.5]

Loans to bankrupt

borrowers

[31.3]

Substantially Bankrupt Borrowers

Non-accural delinquent

loans

[1,027.6]

Potentially Bankrupt Borrowers

[444.2]

[547.1]

52.03%

ii) Doubtful

[991.4]

Borrowers Requiring Caution

(Special Attention Borrowers)

[546.5]

57.04%

iii) Special Attention
[546.5]

Accruing loans
contractually past due
3 months or more
[62.7]

Restructured loans
[483.7]

Borrowers Requiring Caution

(Other Borrowers)

iv) Normal

[86,460.8]

Normal Borrowers

Non-Performing Loans
Based on the “FRL”

Risk-Monitored Loans

i) +ii) +iii)

1,650.4

1,605.4

Total

i) +ii) +iii) +iv)

88,111.2

(*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, 2010		As of March 31, 2011		As of March 31, 2012 (A)		As of September 30, 2012 (B)		(B) - (A)
Assets newly categorized during fiscal 2009		564,738		210,544		141,145		123,002	D	18,142
Assets newly categorized during fiscal 2010				391,086		266,572		239,793	D	26,778
Assets newly categorized during fiscal 2011						393,988		323,221	D	70,766
Assets newly categorized during fiscal 2012								208,184

Note:

MUSP (MU Strategic Partner, Co., Ltd.) was liquidated on May 10, 2012.

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the first half of the fiscal year ended September 30, 2012
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		5,308
Reconstructive treatment		9,721
Upgrade due to reconstructive treatment		—
Loan sold to secondary market		1,635
Write-offs		15,874
Others		105,957
Collection / Repayment		56,509
Upgrade		49,447

Total		138,497		25,735		112,762


Amount in process for disposition		87,676

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, 2010		As of March 31, 2011		As of March 31, 2012 (A)		As of September 30, 2012 (B)		(B) - (A)
Assets newly categorized during fiscal 2009		39,650		10,511		6,513		5,932	D	581
Assets newly categorized during fiscal 2010				11,071		2,207		1,564	D	643
Assets newly categorized during fiscal 2011						27,155		18,550	D	8,604
Assets newly categorized during fiscal 2012								16,555

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the first half of the fiscal year ended September 30, 2012
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		—
Reconstructive treatment		—
Upgrade due to reconstructive treatment		—
Loan sold to secondary market		—
Write-offs		2,449
Others		8,211
Collection / Repayment		6,926
Upgrade		1,285

Total		10,661		1,993		8,667


Amount in process for disposition		4,157

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 September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		64,967,986		(98,370	)		65,066,356

Manufacturing		9,182,453		90,708			9,091,745
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		113,302		(2,353	)		115,655
Construction		917,433		(60,957	)		978,390
Utilities		1,399,858		(23,716	)		1,423,574
Communication and information services		1,175,307		69,694			1,105,613
Transport and postal activities		2,390,049		(89,008	)		2,479,057
Wholesale and retail		6,337,318		(55,176	)		6,392,494
Finance and insurance		7,280,471		(216,044	)		7,496,515
Real estate		9,005,648		(123,344	)		9,128,992
Goods rental and leasing		1,444,486		(63,320	)		1,507,806
Services		2,953,438		(118,231	)		3,071,669
Municipal government		879,947		(68,071	)		948,018
Other industries		21,888,262		561,449			21,326,813

Overseas offices and loans booked at offshore markets		15,050,903		62,979			14,987,923

Total		80,018,889		(35,391	)		80,054,280

(2) Domestic Consumer Loans


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		17,406,786		(175,792	)		17,582,579
Housing loans		16,691,681		(174,338	)		16,866,020
Residential purpose		13,559,360		(81,465	)		13,640,825
Other		715,105		(1,454	)		716,559

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors


	(in millions of yen)
	As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		38,123,836			(1,024,464	)		39,148,300
% to total domestic loans		58.68	%		(1.48	)%		60.16	%

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) – (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		54,898,961		(257,962	)		55,156,923

Manufacturing		7,073,389		(34,838	)		7,108,227
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		108,498		(2,394	)		110,892
Construction		808,820		(58,177	)		866,997
Utilities		986,094		(8,218	)		994,312
Communication and information services		891,050		73,320			817,730
Transport and postal activities		1,699,780		(103,724	)		1,803,504
Wholesale and retail		5,472,851		(75,218	)		5,548,069
Finance and insurance		5,720,710		(233,283	)		5,953,993
Real estate		7,170,367		(99,609	)		7,269,976
Goods rental and leasing		893,082		(67,063	)		960,145
Services		2,570,922		(162,678	)		2,733,600
Municipal government		853,325		(65,785	)		919,110
Other industries		20,650,073		579,705			20,070,368

Overseas offices and loans booked at offshore markets		14,175,776		(53,299	)		14,229,076

Total		69,074,738		(311,262	)		69,386,000

(2) Domestic Consumer Loans


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		16,232,723		(191,897	)		16,424,621
Housing loans		15,529,250		(191,207	)		15,720,458
Residential purpose		12,662,907		(114,877	)		12,777,784
Other		703,472		(690	)		704,163

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors


	(in millions of yen)
	As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		33,560,301			(948,649	)		34,508,950
% to total domestic loans		61.13	%		(1.43	)%		62.56	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		9,921,703		159,637			9,762,065

Manufacturing		2,109,064		125,546			1,983,518
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		4,804		41			4,763
Construction		108,613		(2,780	)		111,393
Utilities		413,748		(15,476	)		429,224
Communication and information services		284,257		(3,626	)		287,883
Transport and postal activities		687,021		12,883			674,138
Wholesale and retail		864,467		20,042			844,425
Finance and insurance		1,559,761		17,239			1,542,522
Real estate		1,818,295		(22,452	)		1,840,747
Goods rental and leasing		551,304		3,743			547,561
Services		381,168		44,511			336,657
Municipal government		19,691		(1,394	)		21,085
Other industries		1,119,500		(18,638	)		1,138,138

Overseas offices and loans booked at offshore markets		875,126		116,278			758,847

Total		10,796,829		275,916			10,520,913

(2) Domestic Consumer Loans


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		1,111,759		18,333			1,093,425
Housing loans		1,100,406		19,027			1,081,379
Residential purpose		836,183		35,402			800,780
Other		11,352		(693	)		12,046

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors


	(in millions of yen)
	As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		4,426,510			(74,850	)		4,501,360
% to total domestic loans		44.61	%		(1.49	)%		46.11	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated: Trust Accounts

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) – (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		147,321		(45	)		147,366

Manufacturing		—		—			—
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		—		—			—
Construction		—		—			—
Utilities		16		(22	)		38
Communication and information services		—		—			—
Transport and postal activities		3,248		1,833			1,415
Wholesale and retail		—		—			—
Finance and insurance		—		—			—
Real estate		16,986		(1,283	)		18,269
Goods rental and leasing		100		—			100
Services		1,348		(64	)		1,412
Municipal government		6,931		(892	)		7,823
Other industries		118,689		382			118,307

Overseas offices and loans booked at offshore markets		—		—			—

Total		147,321		(45	)		147,366

(2) Domestic Consumer Loans


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		62,304		(2,228	)		64,532
Housing loans		62,024		(2,157	)		64,182
Residential purpose		60,269		(1,990	)		62,259
Other		279		(70	)		350

(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors


	(in millions of yen)
	As of September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		137,025			(965	)		137,990
% to total domestic loans		93.01	%		(0.62	)%		93.63	%

Mitsubishi UFJ Financial Group, Inc.

11. Overseas Loans

BTMU and MUTB Combined


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Asia		4,710,932		(50,277	)		4,761,209
Thailand		662,623		49,993			612,630
Indonesia		456,712		52,763			403,948
Malaysia		326,656		(20,220	)		346,877
Philippines		74,170		(4,788	)		78,958
South Korea		325,807		(9,081	)		334,888
Singapore		704,467		(1,702	)		706,169
Hong Kong		1,073,178		(124,354	)		1,197,532
China		101,541		1,000			100,540
Taiwan		221,588		12,467			209,120
Others		764,186		(6,356	)		770,542

Latin America		1,800,945		(20,847	)		1,821,793
Argentina		3,029		(1,410	)		4,439
Brazil		141,819		(3,551	)		145,371
Mexico		100,787		(8,787	)		109,575
Caribbean countries		1,353,090		(34,809	)		1,387,899
Others		202,218		27,711			174,506

North America		3,572,621		89,081			3,483,540
United States of America		3,354,840		130,692			3,224,148
Canada		217,780		(41,611	)		259,392

Western Europe		3,466,734		(138,485	)		3,605,220
United Kingdom		1,135,711		61,363			1,074,347
Germany		337,300		(7,653	)		344,954
France		415,531		(151,290	)		566,821
Netherlands		454,079		13,463			440,615
Spain		333,371		19,267			314,104
Italy		183,332		(30,433	)		213,765
Others		607,408		(43,203	)		650,611

Eastern Europe		295,977		(12,733	)		308,711

Others		2,523,103		(110,059	)		2,633,162


Total		16,370,315		(243,321	)		16,613,637

Note:

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

UnionBanCal Corporation ¥4,245,178 million (a 145,709 million yen increase as compared with March 31, 2012.)

Bank of Tokyo-Mitsubishi UFJ (China), Ltd. ¥853,116 million (a 6,618 million yen decrease as compared with March 31, 2012.)

Bank of Tokyo-Mitsubishi UFJ (Holland) N.V. ¥527,798 million (a 17,978 million yen decrease as compared with March 31, 2012.)

Mitsubishi UFJ Financial Group, Inc.

12. Loans and Deposits

BTMU and MUTB Combined


		(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deposits (ending balance)		119,092,920		435,450			118,657,469
Deposits (average balance)		117,685,323		1,680,763			116,004,560
Loans (ending balance)		79,871,567		(35,345	)		79,906,913
Loans (average balance)		78,940,389		2,985,057			75,955,331

BTMU Non-consolidated


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deposits (ending balance)		107,025,577		344,699			106,680,877
Deposits (average balance)		105,671,597		1,949,228			103,722,369
Loans (ending balance)		69,074,738		(311,262	)		69,386,000
Loans (average balance)		68,519,606		3,013,451			65,506,154

MUTB Non-consolidated


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deposits (ending balance)		12,067,342		90,751			11,976,591
Deposits (average balance)		12,013,726		(268,464	)		12,282,191
Loans (ending balance)		10,796,829		275,916			10,520,913
Loans (average balance)		10,420,783		(28,394	)		10,449,177

Mitsubishi UFJ Financial Group, Inc.

13. Domestic Deposits

BTMU and MUTB Combined


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Individuals		66,481,149		636,775			65,844,374
Corporations and others		41,636,265		(324,678	)		41,960,944
Domestic deposits		108,117,415		312,096			107,805,318

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

BTMU Non-consolidated


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Individuals		58,018,925		686,315			57,332,610
Corporations and others		38,750,547		(485,219	)		39,235,766
Domestic deposits		96,769,472		201,095			96,568,376

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

MUTB Non-consolidated


	(in millions of yen)
	As of September 30, 2012 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Individuals		8,462,224		(49,539	)		8,511,764
Corporations and others		2,885,718		160,541			2,725,177
Domestic deposits		11,347,943		111,001			11,236,941

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 September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deferred tax assets		711.6			(166.1	)		877.7
Net operating losses carried forwards		5.5			5.5			—
Allowance for credit losses		364.1			10.5			353.5
Write-down on investment securities		271.3			51.1			220.2
Unrealized losses on other securities		85.6			2.8			82.8
Reserve for retirement benefits		90.2			2.9			87.2
Other		256.5			(176.5	)		433.0
Valuation allowance		(361.8	)		(62.6	)		(299.1	)
Deferred tax liabilities		403.7			(31.2	)		435.0
Unrealized gains on other securities		222.1			(38.0	)		260.1
Net deferred gains on hedges		62.0			16.3			45.6
Revaluation gains on securities upon merger		34.0			(6.5	)		40.6
Gains on securities contributed to employee retirement benefits trust		57.9			0.0			57.9
Other		27.5			(3.0	)		30.5
Net deferred tax assets		307.9			(134.8	)		442.7

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


	(in billions of yen)
	FY2007			FY2008			FY2009			FY2010			FY2011			Interim FY2012
Net business profits before provision for general allowance for credit losses		828.2			710.8			863.1			1,006.5			1,022.8			569.6
Total credit costs		(76.5	)		(393.4	)		(337.8	)		(166.1	)		(125.3	)		(26.8	)
Income before income taxes		687.0			(195.1	)		460.1			674.4			739.5			326.7
Reconciliation to taxable income		(123.1	)		789.1			(3.7	)		(24.0	)		(305.1	)		(309.2	)
Taxable income		563.9			593.9			456.3			650.3			434.3			17.5

(3) Classification Based on Prior Year Operating Results as Provided in the JICPA Audit Committee Report No.66

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 September 30, 2012 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deferred tax assets		69.2			8.7			60.4
Write-down on investment securities		40.5			(3.9	)		44.5
Deferred losses on hedging instruments		31.0			11.8			19.2
Allowance for credit losses		23.6			(1.0	)		24.7
Unrealized losses on other securities		10.7			(1.0	)		11.7
Other		40.9			(3.0	)		43.9
Valuation allowance		(77.6	)		6.0			(83.7	)
Deferred tax liabilities		114.7			1.5			113.2
Unrealized gains on other securities		91.1			3.9			87.1
Reserve for retirement benefits		14.9			(1.4	)		16.4
Other		8.6			(0.9	)		9.6
Net deferred tax assets		(45.5	)		7.2			(52.7	)

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


	(in billions of yen)
	FY2007			FY2008			FY2009			FY2010			FY2011			Interim FY2012
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		187.2			131.5			110.2			150.4			148.1			79.8
Total credit costs		26.3			35.5			(23.7	)		(8.0	)		(9.2	)		(1.7	)
Income before income taxes		197.3			88.1			52.0			101.9			113.5			46.7
Reconciliation to taxable income		(26.3	)		(16.0	)		23.3			(80.1	)		(30.2	)		(27.0	)
Taxable income		170.9			72.0			75.3			21.7			83.3			19.6

(3) Classification Based on Prior Year Operating Results as Provided in the JICPA Audit Committee Report No.66

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

Mitsubishi UFJ Financial Group, Inc.

(Reference)

1. Exposure to “Securitized Products and Related Investments”

Our exposure to securitized products and related investments as of September 30, 2012 is outlined below. (Figures are on a managerial basis and rounded off to the billion yen other than those of P/L impact.)

[Balance, net unrealized gains (losses), realized gains (losses)]

•

The balance as of the end of September 2012 increased to ¥1.83 trillion in total, an increase of ¥0.17 trillion compared with the balance as of the end of March 2012, mainly due to an increase in highly rated CLOs and CMBS.

•

Net unrealized losses were ¥23 billion, improved by ¥31 billion compared to the end of March 2012.

•

The effect on the P/L for the second quarter ended September 30, 2012 was a slight loss of approximately ¥0.05 billion.


		(¥bn)
												of which securities being held to maturity²
		Balance¹		Change from end of March 2012			Net unrealized gains (losses)			Change from end of March 2012		Balance		Net unrealized gains (losses)
1	RMBS		43		(21	)		2			2		0		0
2	Sub-prime RMBS		2		(1	)		0			0		0		0
3	CMBS		176		73			9			5		0		0
4	CLOs		1,529		129			(33	)		23		1,169		(18	)
5	Other securitized products (card, etc.)		77		(12	)		(1	)		0		22		0
6	CDOs		1		0			0			0		0		0
7	Sub-prime ABS CDOs		0		0			0			0		0		0

8	Total		1,827		169			(23	)		31		1,190		(18	)

Balance is the amount after impairment and before deducting net unrealized losses.

The above table does not include mortgage-backed securities arranged and guaranteed by U.S. government sponsored enterprises, etc., Japanese RMBS such as Japanese Housing Finance Agency securities, and products held by funds such as investment trusts. These are also applicable to the tables in this document.

Following the publication of “Tentative Solution on Reclassification of Debt Securities” (Practical Issue Task Force No.26, The Accounting Standards Board of Japan, December 5, 2008), some of our securitized products were reclassified into “securities being held to maturity” from “securities available for sale” at and after the end of January 2009. The balance and net unrealized gains (losses) of the securities being held to maturity in the above table are based on book value before reclassification.

[Distribution by rating]

•

AAA-rated products accounted for 72% of our investments in securitized products, an increase of 2% compared with the end of March 2012, mainly due to an increase in highly rated CLOs and CMBS.

•

AAA and AA-rated products accounted for 90% of our investments in securitized products.


		(¥ bn)
		AAA			AA			A			BBB			BB or lower			Unrated			Total
9	RMBS		8			4			7			13			12			0			43
10	Sub-prime RMBS		1			0			1			0			0			0			2
11	CMBS		136			8			9			0			1			22			176
12	CLOs		1,131			297			59			41			2			0			1,529
13	Other securitized products (card, etc.)		44			18			6			5			3			1			77
14	CDOs		0			0			0			0			1			0			1
15	Sub-prime ABS CDOs		0			0			0			0			0			0			0

16	Total		1,319			327			80			59			18			23			1,827

17	Percentage of total		72	%		18	%		4	%		3	%		1	%		1	%		100	%

18	Percentage of total (End of March 2012)		70	%		18	%		6	%		4	%		2	%		0	%		100	%

Mitsubishi UFJ Financial Group, Inc.

[Credit exposure related to leveraged loan]

•

We are not engaged in origination or distribution of securitized products of leveraged loans, and therefore, there is no balance of leveraged loans for securitization.

•

The following table shows the balances of LBO loans as of the end of September 2012.


		(¥bn)
		Americas		Europe		Asia		Japan		Total		Change from end of March 2012
1	LBO Loan³(Balance on a commitment basis)		30		87		3		174		294		(25	)
2	Balance on a booking basis		18		74		2		160		254		(28	)

Includes balance after refinancing. (Figures are rounded off.)

[Special Purpose Entities (SPEs)]

•

We are engaged in sponsoring ABCP issuance for securitizing our clients’ assets.

•

The balance of assets purchased by ABCP conduits (special purpose companies for issuing ABCP) as of the end of September 2012 was ¥3.64 trillion (¥1.20 trillion overseas).

•

The purchased assets are mainly receivables and they do not include residential mortgages.


<Terminology>

RMBS		: Asset-backed securities collateralized by residential mortgages
CMBS		: Asset-backed securities collateralized by commercial mortgages
CLOs		: Collateralized debt obligations backed by whole commercial loans, revolving credit facilities, or letters of credit
CDOs		: Structured credit securities backed by a pool of securities, loans, or credit default swaps
ABS CDOs		: Collateralized debt obligations backed by asset backed securities
LBO Loans		: Loans collateralized by assets and/or future cash flows of an acquired company
ABCP		: Commercial papers issued by a Special Purpose Company (SPC) collateralized by receivables

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, 2012			As of September 30, 2012
Assets:
Cash and due from banks		6,401,537			7,460,651
Call loans		160,528			308,613
Receivables under resale agreements		566,222			338,379
Receivables under securities borrowing transactions		307,468			1,362,182
Monetary claims bought		2,221,915			2,304,378
Trading assets		5,736,034			5,983,895
Money held in trust		57,986			59,032
Securities		63,452,246			61,564,851
Allowance for losses on securities		(56,627	)		(56,627	)
Loans and bills discounted		69,386,000			69,074,738
Foreign exchanges		1,461,361			1,268,842
Other assets		5,319,356			3,595,838
Tangible fixed assets		864,836			863,571
Intangible fixed assets		327,329			331,604
Deferred tax assets		442,759			307,909
Customers’ liabilities for acceptances and guarantees		5,555,393			5,252,078
Allowance for credit losses		(762,942	)		(752,113	)

Total assets		161,441,406			159,267,825

Mitsubishi UFJ Financial Group, Inc.


	(in millions of yen)
	As of March 31, 2012			As of September 30, 2012
Liabilities:
Deposits		106,680,877			107,025,577
Negotiable certificates of deposit		9,341,667			9,498,363
Call money		2,005,828			2,874,942
Payables under repurchase agreements		6,100,858			5,846,943
Payables under securities lending transactions		2,155,306			1,862,752
Commercial papers		216,698			359,251
Trading liabilities		4,084,721			4,003,551
Borrowed money		8,541,603			7,172,903
Foreign exchanges		906,624			776,410
Bonds payable		4,504,334			3,828,276
Other liabilities		3,225,131			2,629,979
Reserve for bonuses		16,691			16,688
Reserve for bonuses to directors		145			47
Reserve for retirement benefits		5,131			5,097
Reserve for loyalty award credits		797			1,016
Reserve for contingent losses		49,840			41,332
Deferred tax liabilities for land revaluation		154,420			153,474
Acceptances and guarantees		5,555,393			5,252,078

Total liabilities		153,546,071			151,348,686

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		2,004,311			2,097,285
Revenue reserve		190,044			190,044
Other retained earnings		1,814,267			1,907,240
Funds for retirement benefits		2,432			2,432
Other reserve		718,196			718,196
Earned surplus brought forward		1,093,638			1,186,611
Treasury stock		(250,000	)		(250,000	)

Total shareholders’ equity		7,344,545			7,437,518

Net unrealized gains (losses) on other securities		235,499			138,457
Net deferred gains (losses) on hedging instruments		82,389			111,970
Land revaluation excess		232,900			231,191

Total valuation and translation adjustments		550,789			481,620

Total net assets		7,895,334			7,919,138

Total liabilities and net assets		161,441,406			159,267,825

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(2) Non-consolidated Statements of Income


	(in millions of yen)
	For the six months ended September 30, 2011		For the six months ended September 30, 2012
Ordinary income		1,421,902		1,423,476
Interest income		754,468		745,041
Interest on loans and bills discounted		478,984		478,134
Interest and dividends on securities		204,377		219,732
Fees and commissions		255,728		256,593
Trading income		52,541		59,542
Other business income		312,310		328,897
Other ordinary income		46,853		33,402
Ordinary expenses		1,005,387		1,097,010
Interest expenses		170,803		177,941
Interest on deposits		54,230		49,206
Fees and commissions		69,025		66,521
Other business expenses		84,518		57,979
General and administrative expenses		519,743		543,712
Other ordinary expenses		161,296		250,855

Ordinary profits		416,514		326,466

Extraordinary gains		1,696		6,572
Extraordinary losses		6,688		6,302

Income before income taxes		411,522		326,736

Income taxes—current		73,922		6,049
Income taxes—deferred		65,699		149,269

Total taxes		139,621		155,319

Net income		271,900		171,416

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non-consolidated Balance Sheets


	(in millions of yen)
	As of March 31, 2012			As of September 30, 2012
Assets:
Cash and due from banks		1,581,341			1,276,126
Call loans		68,100			116,478
Monetary claims bought		24,302			25,183
Trading assets		383,399			381,452
Money held in trust		5,368			9,782
Securities		12,694,953			13,779,981
Loans and bills discounted		10,520,913			10,796,829
Foreign exchanges		9,545			33,748
Other assets		734,102			593,222
Tangible fixed assets		169,559			166,767
Intangible fixed assets		62,039			58,900
Customers’ liabilities for acceptances and guarantees		147,876			168,571
Allowance for credit losses		(63,931	)		(57,908	)

Total assets		26,337,570			27,349,135

Mitsubishi UFJ Financial Group, Inc.


	(in millions of yen)
	As of March 31, 2012			As of September 30, 2012
Liabilities:
Deposits		11,976,591			12,067,342
Negotiable certificates of deposit		3,953,824			3,492,603
Call money		238,420			208,444
Payables under repurchase agreements		3,501,140			3,802,074
Payables under securities lending transactions		426,520			727,687
Commercial papers		135,463			197,244
Trading liabilities		52,741			54,045
Borrowed money		2,118,606			3,130,325
Foreign exchanges		211			233
Bonds payable		347,800			337,800
Due to trust accounts		1,062,395			994,415
Other liabilities		867,958			660,419
Reserve for bonuses		4,325			4,245
Reserve for bonuses to directors		82			27
Reserve for contingent losses		14,830			14,247
Deferred tax liabilities		52,769			45,527
Deferred tax liabilities for land revaluation		5,447			5,426
Acceptances and guarantees		147,876			168,571

Total liabilities		24,907,007			25,910,683

Net assets:
Capital stock		324,279			324,279
Capital surplus		412,315			412,315
Capital reserve		250,619			250,619
Other capital surplus		161,695			161,695
Retained earnings		597,084			623,486
Revenue reserve		73,714			73,714
Other retained earnings		523,370			549,772
Funds for retirement benefits		710			710
Other reserve		138,495			138,495
Earned surplus brought forward		384,165			410,567

Total shareholders’ equity		1,333,678			1,360,080

Net unrealized gains (losses) on other securities		138,050			140,950
Net deferred gains (losses) on hedging instruments		(34,692	)		(56,068	)
Land revaluation excess		(6,473	)		(6,510	)

Total valuation and translation adjustments		96,884			78,371

Total net assets		1,430,563			1,438,452

Total liabilities and net assets		26,337,570			27,349,135

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(2) Non-consolidated Statements of Income


	(in millions of yen)
	For the six months ended September 30, 2011		For the six months ended September 30, 2012
Ordinary income		275,881		256,511
Trust fees		37,072		34,583
Interest income		112,997		110,022
Interest on loans and bills discounted		52,395		50,161
Interest and dividends on securities		58,202		58,087
Fees and commissions		50,987		52,752
Trading income		11,346		6,682
Other business income		45,767		39,173
Other ordinary income		17,710		13,295
Ordinary expenses		211,727		209,615
Interest expenses		37,828		35,475
Interest on deposits		16,957		14,359
Fees and commissions		11,700		12,324
Trading expenses		—		655
Other business expenses		42,472		24,573
General and administrative expenses		101,683		104,673
Other ordinary expenses		18,042		31,913

Ordinary profits		64,154		46,895

Extraordinary gains		4,651		269
Extraordinary losses		1,341		433

Income before income taxes		67,465		46,731

Income taxes—current		15,000		5,793
Income taxes—deferred		6,463		1,230

Total taxes		21,464		7,024

Net income		46,000		39,707

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, 2012		As of September 30, 2012
Assets:
Loans and bills discounted		147,366		147,321
Securities		48,875,266		49,278,139
Beneficiary rights to the trust		29,422,638		29,381,000
Securities held in custody accounts		3,113,032		3,411,206
Monetary claims		13,638,583		12,896,207
Tangible fixed assets		9,057,591		9,243,043
Intangible fixed assets		135,933		133,132
Other claims		4,356,505		4,281,309
Call loans		1,197,405		1,177,413
Due from banking account		1,416,693		1,403,454
Cash and due from banks		1,591,392		1,630,673

Total		112,952,408		112,982,900

Liabilities:
Money trusts		17,900,801		17,676,174
Pension trusts		12,130,567		12,218,517
Property formation benefit trusts		13,094		12,401
Investment trusts		28,618,119		28,631,010
Money entrusted other than money trusts		2,096,421		2,250,168
Securities trusts		4,102,251		4,849,157
Monetary claim trusts		14,011,078		13,150,198
Equipment trusts		63,316		32,405
Land and fixtures trusts		85,159		84,517
Composite trusts		33,931,596		34,078,348

Total		112,952,408		112,982,900

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.

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, 2012		As of September 30, 2012
Assets:
Loans and bills discounted		93,829		89,219
Securities		46,294		58,268
Other		838,001		793,888

Total		978,124		941,376

Liabilities:
Principal		974,326		937,685
Allowance for bad debts		282		267
Other		3,515		3,424

Total		978,124		941,376

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(4) Major Items


	(in millions of yen)
	As of March 31, 2012		As of September 30, 2012
Total funds		45,974,880		45,467,039

Deposits		11,976,591		12,067,342
Negotiable certificates of deposit		3,953,824		3,492,603
Money trusts		17,900,801		17,676,174
Pension trusts		12,130,567		12,218,517
Property formation benefit trusts		13,094		12,401

Loans and bills discounted		10,668,279		10,944,151

Banking account		10,520,913		10,796,829
Trust account		147,366		147,321

Investment securities		61,570,219		63,058,120

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.