Edgar Filing: MITSUBISHI UFJ FINANCIAL GROUP INC

(in millions of yen)

Amount on
consolidated
balance sheet

Net unrealized gains (losses) recorded on the consolidated

statement of income during this period

Money held in trust for trading purpose

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 May 2013

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: May 15, 2013


Mitsubishi UFJ Financial Group, Inc.

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

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Consolidated Summary Report

<under Japanese GAAP>

for the fiscal year ended March 31, 2013

May 15, 2013


Company name:		Mitsubishi UFJ Financial Group, Inc.
Stock exchange listings:		Tokyo, Osaka, Nagoya, New York
Code number:		8306
URL		http://www.mufg.jp/
Representative:		Nobuyuki Hirano, President & CEO
For inquiry:		Naoki Muramatsu, General Manager - Financial Planning Division / Financial Accounting Office
		TEL (03) 3240-3110
General meeting of shareholders:		June 27, 2013
Dividend payment date:		June 27, 2013
Securities report issuing date:		June 27, 2013
Trading accounts:		Established
Supplemental information for financial statements:		Available
Investor meeting presentation:		Scheduled (for investors and analysts)

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

1. Consolidated Financial Data for the Fiscal Year ended March 31, 2013

(1)	Results of Operations


	(% represents the change from the previous fiscal year)
	Ordinary Income					Ordinary Profits					Net Income
	million yen		%			million yen		%			million yen		%
Fiscal year ended
March 31, 2013		4,763,225		(3.8	)		1,344,176		(8.7	)		852,623		(13.1	)
March 31, 2012		4,951,095		9.3			1,471,991		127.7			981,331		68.3

(*)	Comprehensive income

March 31, 2013: 2,041,222 million yen 55.7% ; March 31, 2012: 1,310,584 million yen -%


	Net Income per Common Stock		Diluted Net Income per Common Stock		Net Income to Net Assets Attributable to MUFG shareholders		Ordinary Profits to Total Assets		Ordinary Profits to Ordinary Income
	yen		yen		%		%		%
Fiscal year ended
March 31, 2013		58.99		58.89		8.0		0.6		28.2
March 31, 2012		68.09		67.94		10.6		0.7		29.7

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

March 31, 2013: 52,004 million yen; March 31, 2012: 377,515 million yen

(2)	Financial Conditions


	Total Assets		Total Net Assets		Net Assets Attributable to MUFG Shareholders to Total Assets (*)		Total Net Assets per Common Stock
	million yen		million yen		%		yen
As of
March 31, 2013		234,498,701		13,519,655		5.0		800.95
March 31, 2012		218,861,616		11,675,784		4.6		678.25

(Reference) Shareholders’ equity as of March 31, 2013: 11,736,617 million yen; March 31, 2012: 9,993,029 million yen

(*)

“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

This ratio is different from the “Risk-adjusted Capital Ratio”, which 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).

(3) Cash Flows


	Cash Flows from Operating Activities			Cash Flows from Investing Activities			Cash Flows from Financing Activities			Cash and Cash Equivalents at the end of the period
	million yen			million yen			million yen			million yen
Fiscal year ended
March 31, 2013		(248,680	)		1,885,486			(1,030,295	)		5,281,038
March 31, 2012		7,585,524			(7,514,157	)		(468,710	)		4,486,753

2. Dividends on Common Stock


	Dividends per Share										Total dividends		Dividend payout ratio (Consolidated)		Dividend on net assets ratio (Consolidated)
	1st quarter-end		2nd quarter-end		3rd quarter-end		Fiscal year-end		Total		Total dividends		Dividend payout ratio (Consolidated)		Dividend on net assets ratio (Consolidated)
	yen		yen		yen		yen		yen		million yen		%		%
Fiscal year
ended March 31, 2012		—		6.00		—		6.00		12.00		169,853		17.6		1.9
ended March 31, 2013		—		6.00		—		7.00		13.00		184,059		22.0		1.8
ending March 31, 2014 (Forecast)		—		7.00		—		7.00		14.00		——		26.7		——

(*)	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, 2014 (Consolidated)

MUFG has set an earnings target of 760.0 billion yen of consolidated net income for the fiscal year ending March 31, 2014.

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. Please see “3. Management Policy (4) Management Target”, for further information of the target.

ø 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

(D) Restatements: No

Note: We changed the method of depreciation at the beginning of the period.

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

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


(A) Total stocks outstanding including treasury stocks:	March 31, 2013	14,158,585,720 shares
	March 31, 2012	14,154,534,220 shares
(B) Treasury stocks:	March 31, 2013	3,411,544 shares
	March 31, 2012	9,553,750 shares
(C) Average outstanding stocks:	Fiscal year ended March 31, 2013	14,148,999,889 shares
	Fiscal year ended March 31, 2012	14,144,183,615 shares

(Reference) Summary of non-consolidated financial data

1. Non-consolidated Financial Data for the Fiscal Year ended March 31, 2013

(1) Results of Operations


	(% represents the change from the previous fiscal year)
	Operating Income					Operating Profits					Ordinary Profits					Net Income
	million yen		%			million yen		%			million yen		%			million yen		%
Fiscal year ended
March 31, 2013		221,664		(18.5	)		205,204		(20.2	)		190,353		(18.9	)		188,092		(21.1	)
March 31, 2012		272,114		(34.2	)		257,031		(35.5	)		234,840		(36.5	)		238,437		(30.9	)

	Net Income per Common Stock					Diluted Net Income per Common Stock
	yen					yen
Fiscal year ended
March 31, 2013		12.02					12.00
March 31, 2012		15.58					15.56

(2) Financial Conditions


	Total Assets		Total Net Assets		Net Assets Ratio		Total Net Assets per Common Stock
	million yen		million yen		%		yen
As of
March 31, 2013		10,886,168		8,614,853		79.1		579.65
March 31, 2012		10,918,957		8,667,823		79.3		583.63

(Reference) Shareholders’ equity as of March 31, 2013: 8,605,969 million yen; March 31, 2012: 8,659,889 million yen

*Disclosure regarding the execution of the audit process

This “Consolidated Summary Report” (“Tanshin”) is outside the scope of the external auditor’s audit procedure which is required by “Financial Instruments and Exchange Act”. Therefore, the 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 ended March 31, 2013		—		57.50		—		57.50		115.00
Fiscal year ending March 31, 2014 (Forecast)		—		57.50		—		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 ended March 31, 2013		—		2.65		—		2.65		5.30
Fiscal year ending March 31, 2014 (Forecast)		—		2.65		—		2.65		5.30

Mitsubishi UFJ Financial Group, Inc.

(Appendix)

Contents of Appendix


1. Results of Operations and Financial Condition			2
(1) Analysis of results of operations			2
(2) Analysis of financial condition			3
(3) Basic policy regarding profit distribution and dividends for fiscal years 2012 and 2013			4
2. Information on Mitsubishi UFJ Financial Group (MUFG Group)			5
3. Management Policy			7
(1) Principal management policy			7
(2) Medium- and long-term management strategy			7
(3) Key issues			8
(4) Management Target			10
4. Consolidated Financial Statements			11
(1) Consolidated Balance Sheets			11
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income			13
(3) Consolidated Statements of Changes in Net Assets			16
(4) Consolidated Statements of Cash Flows			19
Notes on Going-Concern Assumption			21
Significant Accounting Policies Applied in the Preparation of the Consolidated Financial Statements			21
Notes to the Consolidated Financial Statements			28
Consolidated Balance Sheet
Consolidated Statements of Income
Consolidated Statements of Changes in Net Assets
Consolidated Statements of Cash Flows
Financial Instruments
Securities
Money Held in Trust
Net Unrealized Gains (Losses) on Other Securities
Segment Information
Per Share Information
5. Non-consolidated Financial Statements			46
(1) Non-consolidated Balance Sheets			46
(2) Non-consolidated Statements of Income			48
(3) Non-consolidated Statements of Changes in Net Assets			49
Notes on Going-Concern Assumption			51
6. Other			51
(1) Changes of Directors and Corporate Auditors			51

Supplemental Information:

“Selected Financial Information under Japanese GAAP For the fiscal year ended March 31, 2013”

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


Internet Conference:		May 15, 2013 (Wednesday)
Explanation for investors and analysts:		May 21, 2013 (Tuesday)

Mitsubishi UFJ Financial Group, Inc.

1. Results of Operations and Financial Condition

(1) Analysis of results of operations

(Results of operations for the fiscal year ended March 31, 2013)

On the subject of the economic and financial environment for the fiscal 2012, despite a strong sense of stagnation globally from mid-2012 through the autumn, bright spots in financial and economic conditions had been gradually increasing since then. Overseas, the housing market and employment conditions had been improving obviously in the US since the second half of last year, while Asian economies had been recovering after marking a bottom in early fall. Meanwhile, in Europe, strains in financial markets had eased somewhat, but the real economy had continued to deteriorate. Amidst such situation, Japan’s economy was derailed from its recovery path in early FY2012 because of increased downward pressures from slowing overseas economies and others, and the economy went into a recession or on the verge of a recession at one point. However, the new Administration inaugurated in late 2012 had implemented a series of economic policies—including emergency economic measures, a supplementary budget, and more aggressive monetary easing—which had weakened the JPY and boosted share prices. Household and corporate sentiment had been improving quickly.

In the financial environment, US and UK policy rates had been at historically-low levels, while another rate cut was made in the Euro-zone in last July. A number of emerging countries had also been lowering interest rates. In Japan, the Bank of Japan had maintained a virtually zero interest rate policy and increased the total size of the Asset Purchase Program multiple times in FY2012. In January of this year, the Bank of Japan also introduced the “price stability target” at 2 percent in terms of the year-on-year rate of change in the consumer price index and announced the start of “open-ended asset purchasing method” from January 2014. Amidst such developments, market interest rates had fallen even further, both for short- and long-term rates. The JPY had also depreciated quickly since last fall on expectations for the new administration’s economic policies and others. Share prices had surged in tandem.

Under such business environment, consolidated gross profits for the fiscal year ended March 31, 2013 increased by 132.1 billion yen from the previous fiscal year to 3,634.2 billion yen. This was mainly due to increases in loan income in overseas, net fees and commissions, income from sales and trading and net gains on debt securities, despite tighter domestic deposit-loan margin, lower interest income in Global Markets segment and lower net interest from consumer-finance subsidiaries. General and administrative expenses increased by 100.4 billion yen from the previous fiscal year due to distribution of resources to core business strategies, such as strengthening business footprint in overseas. As a result, net business profits were 1,539.2 billion yen, an increase of 31.7 billion yen from the previous fiscal year.

Total credit costs for the fiscal year ended March 31, 2013 decreased by 77.8 billion yen from the previous fiscal year, mainly due to decreases in losses on loan write-offs and provision for specific allowance for credit losses. Net losses on equity securities decreased by 35.0 billion yen from the previous fiscal year, primarily due to a decrease in losses on sales of equity securities. Other non-recurring gains decreased by 285.6 billion yen from the previous fiscal year, mainly due to a decrease in profits from investments in affiliates.

Mitsubishi UFJ Financial Group, Inc.

As a result, ordinary profits for the fiscal year ended March 31, 2013 were 1,344.1 billion yen, an increase of 127.8 billion yen from the previous fiscal year. Consolidated net income for the fiscal year ended March 31, 2013 was 852.6 billion yen, an increase of 128.7 billion yen from the previous fiscal year.


(in billions of Japanese yen)	For the fiscal year ended March 31, 2013			For the fiscal year ended March 31, 2012			Increase (Decrease)
Gross Profits before credit costs for trust accounts		3,634.2			3,502.0			132.1
General and administrative expenses		2,095.0			1,994.5			100.4
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		1,539.2			1,507.4			31.7
Credit costs		(166.4	)		(257.5	)		91.0
Net gains (losses) on equity securities		(53.6	)		(88.6	)		35.0
Other non-recurring gains (losses)		25.0			310.7			(285.6	)
Profits (Losses) from investments in affiliates		52.0			377.5			(325.5	)
Ordinary profits		1,344.1			1,471.9			(127.8	)
Net extraordinary gains (losses)		9.6			(23.8	)		33.4
Total of income taxes-current and income taxes-deferred		(395.7	)		(376.4	)		(19.2	)
Minority interests		(105.3	)		(90.2	)		(15.0	)
Net income (losses)		852.6			981.3			(128.7	)
Total credit costs *1		(115.6	)		(193.4	)		77.8

*1	Included gains on loans written-offs

(Earnings Target for the fiscal year ending March 31, 2014)

MUFG has set an earnings target of 760.0 billion yen of consolidated net income for the fiscal year ending March 31, 2014.

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.

Please see “3. Management Policy (4) Management Target”, for further information of the target.

Mitsubishi UFJ Financial Group, Inc.

(2) Analysis of financial condition

Total assets as of March 31, 2013 increased by 15,637.0 billion yen from March 31, 2012 to 234,498.7 billion yen, and total net assets as of March 31, 2013 increased by 1,843.8 billion yen from March 31, 2012 to 13,519.6 billion yen. The increase in total net assets mainly reflected an increase in retained earnings and net unrealized gains on other securities.

With regard to major items of assets, securities as of March 31, 2013 increased by 1,262.1 billion yen from March 31, 2012 to 79,526.8 billion yen and loans and bills discounted as of March 31, 2013 increased by 6,806.8 billion yen from March 31, 2012 to 91,299.5 billion yen. With regard to major items of liabilities, deposits as of March 31, 2013 increased by 6,907.8 billion yen from March 31, 2012 to 131,697.0 billion yen.

With regard to MUFG’s consolidated risk-adjusted capital ratio based on the Basel 3 Standards as of March 31, 2013, Common Equity Tier 1 capital ratio was 11.70%, Tier 1 ratio was 12.74% and Total capital ratio was 16.68%.

(3) Basic policy regarding profit distribution and dividends for fiscal years 2012 and 2013

MUFG considers the return of earnings to shareholders to be one of the most important management priorities and makes it a basic policy to make efforts to continuously increase dividends while sustaining corporate value growth and further strengthening its corporate financial standing.

With respect to the year-end dividend for common stock for fiscal year 2012, MUFG plans to pay ¥7 per share. As a result, the annual dividend for fiscal year 2012, including the interim dividend of ¥6 per share, is expected to be ¥13 per share, which is an increase of ¥1 from the annual dividend of ¥12 paid for the previous fiscal year. With respect to the year-end dividend for preferred stock for fiscal year 2012, MUFG plans to pay; for the first series of class 5 preferred stock, the prescribed amount of ¥57.50 per share (which, together with the interim dividend, is expected to result in the annual dividend being ¥115 per share for the fiscal year); and for class 11 preferred stock, the prescribed amount of ¥2.65 per share (which, together with the interim dividend, is expected to result in the annual dividend being ¥5.30 per share for the fiscal year).

The annual dividend forecast for common stock for fiscal year 2013 is ¥14 per share, which is an increase of ¥1 from the annual dividend to be paid for fiscal year 2012. The annual dividend forecasts for preferred stock for fiscal year 2013 are: for the first series of class 5 preferred stock, the prescribed amount of ¥115 per share; and for class 11 preferred stock, the prescribed amount of ¥5.30 per share.

Mitsubishi UFJ Financial Group, Inc.

2. Information on Mitsubishi UFJ Financial Group (MUFG Group)

MUFG Group comprises the holding company, 220 consolidated subsidiaries, and 61 equity-method affiliates. The Group is engaged primarily in the banking business and also conducts trust banking business, securities business, credit card / loan business, leasing business and other businesses. The Group conducts reporting of its main entities (on a consolidated basis) on a segmental basis and the relationships between MUFG and its major related companies are as shown in the chart below.

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*1	Following the sales of shares held by The Bank of Tokyo-Mitsubishi UFJ, Ltd. in consolidated subsidiary NBL Co., Ltd., it has been excluded from the scope of consolidation as of April 1, 2013.

*2	Consumer finance subsidiaries.

Mitsubishi UFJ Financial Group, Inc.

The Group has a combined group organization through which it seeks as a unified group to meet the financial needs of its customers by providing financial products and services that transcend traditional business boundaries. A system of integrated business groups has been introduced under which the group formulates a unified strategy and pursues its business based on coordination between group companies.

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Note:

On July 1, 2013 the Global Advisory Board that will act as an advisory body to the Executive Committee is scheduled to be established. Also scheduled to be established on the same date are the Group Strategy Division for Asia & Oceania, and the Group Strategy Division for East Asia within the Integrated Global Business Group, and the Risk Monitoring Office for Asia as an office co-managed by these two divisions. In addition, on May 15, 2013, the establishment of a Risk Committee that will report and make recommendations to the Board of Directors was announced.

Mitsubishi UFJ Financial Group, Inc.

3. Management Policy

(1) Principal management policy

MUFG Group has formulated the Group Corporate Vision to clarify the nature of the Group’s overall mission and the type of group it should aspire to be, and as a shared credo to unify the hearts and minds of Group employees, while meeting the expectations of our customers and society. Throughout the Group, the people of MUFG are working under three shared values—Integrity and Responsibility, Professionalism and Teamwork, and Challenging Ourselves to Grow—while aiming to be the world’s most trusted financial group.

•

Corporate Vision

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(2) Medium- and long-term management strategy

MUFG Group’s Medium-term Business Plan is for three years, starting in fiscal 2012. The basic policies of the Plan are as follows:

i	Enhance comprehensive financial service capabilities on a global basis

ii	Contribute to initiatives for revitalizing and regenerating the Japanese market

iii	Leverage world-class capabilities in capital and risk management

Social and economic structures are changing in Japan and worldwide with aging populations, globalization and other such factors, and the environment for financial institutions is also undergoing significant change amid stronger international regulations and other influences. Under our Medium-term Business Plan we intend to respond deliberately to these changes, building on our solid domestic business base to raise our global-level comprehensive financial services capabilities and strengthening our financial and management foundations. Through these measures we aim to earn the trust of our customers and meet their expectations in Japan and around the world.

Mitsubishi UFJ Financial Group, Inc.

(3) Key issues

Fiscal year 2012 was the first year of MUFG Group’s new medium-term business plan during which we launched a range of strategies, strengthened our capital, and pursued our aim to realize a new stage of growth in profits.

During fiscal year 2013 we will pass the halfway point of our medium-term business plan and enter a phase in which we fully develop our growth strategy and seek further advances. In order to address the key issues shown below each group company will also steadily implement its tasks and strategy.

Promotion of growth strategies

In the Retail business, MUFG Group will offer products that meet various needs of customers, such as products pertaining to asset management, inheritance, real estate and loans according to the customers’ life stages.

In Corporate business, the Group will strive to provide optimal solutions for customers by aggressively pursuing its CIB (Corporate & Investment Banking¹) strategy and trust–related business strategy, including pensions, real estate and stock transfer agency services, through the enhancement of cooperation within MUFG Group.

In Global business, the Group will work to further expand its network centered on the high-growth region of Asia, while pursuing its CIB strategy by strengthening collaboration between Group companies and regions and utilizing its alliance with Morgan Stanley, with the aim of expanding the Group’s business scale and presence.

In Trust Assets business, MUFG Group will seek to augment the balance of entrusted assets through the enhancement of cooperation within MUFG Group as well as that of product development, and will also endeavor to improve its presence as a global management institution.

In Global Markets business, MUFG Group will strengthen collaboration between Group companies and regions in sales and trading business², creating a structure that enables the Group to provide comprehensive services on a global scale.

MUFG Group will continue ongoing efforts to strengthen earnings capacity, making use of its formidable capabilities across the Group while strengthening collaboration in three areas: between Group companies, business groups, and regions.

*1	Refers to business aimed at improving customer’s corporate value, comprising corporate banking such as deposit and loan services, along with investment banking operations such as M&A advisory.

*2	Refers to business comprising the sale to customers of financial products such as equities, bonds, and derivatives along with trading of market risk between banks or at exchanges.

Mitsubishi UFJ Financial Group, Inc.

Enhancement of management fundamentals and control

MUFG Group will support its growth strategy by strengthening management fundamentals and control.

As part of measures to enhance management control, measures will be taken to strengthen governance not only in Japan, but also in overseas regions as the Group’s overseas business expands.

The Group will respond appropriately amid moves to strengthen core capital requirements and other aspects of global financial regulations, and will engage in proper capital management, including making effective use of equity capital.

With respect to management fundamentals, the Group will pursue synergies between Group companies to pursue efficiency, improve the quality of operations and increase the sophistication of systems and IT infrastructure.

Promotion of CSR management and strengthening the MUFG brand

MUFG Group will seek to enhance customer satisfaction through the provision of the distinct services of MUFG while also conducting management with a clear emphasis on its CSR (corporate social responsibilities).

MUFG Group has been working on two priority themes for its CSR activities: “Addressing Global Environmental Issues,” and “Nurturing Society’s Next Generation.” Regarding the theme of addressing global environmental issues, each Group company is working to utilize its particular financial capabilities to provide products and services that contribute to reducing impact on the environment. Meanwhile, as members of local communities and society, our employees are participating in a wide variety of activities that aim to contribute to society in accord with our theme of nurturing society’s next generation.

MUFG Group will continue to offer its utmost support to recovery in regions affected by the Great East Japan Earthquake. MUFG Group participated in planning the TOMODACHI Initiative, a U.S.-Japan exchange initiative led by the United States government and an NPO, the U.S.-Japan Council, and established the TOMODACHI MUFG International Exchange Program, a three-year exchange program for Japanese students and teachers who were affected by the Great East Japan Earthquake and their counterparts in the U.S. Also, in collaboration with the National Federation of UNESCO Associations in JAPAN, Bank of Tokyo-Mitsubishi UFJ has established the “MUFG NFUAJ East Japan Earthquake Recovery and Scholarship Fund”, as part of measures to support recovery over the longer term.

Under the Group Corporate Vision, all employees and executives will work together to maintain and strengthen the MUFG brand, following the Group’s three core values—Integrity and Responsibility, Professionalism and Teamwork, and Challenging Ourselves to Grow—to earn the broadest possible appreciation and support from society.

Through the above initiatives MUFG Group aims to continue to enhance shareholder value.

Mitsubishi UFJ Financial Group, Inc.

(4) Management Target

MUFG has set an earnings target of 760.0 billion yen of consolidated net income for the fiscal year ending March 31, 2014.

[Reference]

MUFG Consolidated


(in billions of Japanese yen)	For the fiscal year ending March 31, 2014			For the six months ending September 30, 2013			For the fiscal year ended March 31, 2013 (Results)			For the six months ended September 30, 2012 (Results)
Ordinary profits		1,270.0			610.0			1,344.1			570.0
Net income (loss)		760.0			360.0			852.6			290.4
Total credit costs		(150.0	)		(70.0	)		(115.6	)		(62.2	)

<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		860.0			400.0			1,001.5			569.6
Ordinary profits (losses)		740.0			340.0			860.9			326.4
Net income (loss)		460.0			215.0			585.1			171.4
Total credit costs		(80.0	)		(40.0	)		(56.6	)		(26.8	)

Mitsubishi UFJ Trust and Banking Corporation
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		160.0			70.0			162.2			79.8
Ordinary profits (losses)		135.0			60.0			136.2			46.8
Net income (loss)		85.0			40.0			125.1			39.7
Total credit costs		(10.0	)		(5.0	)		(8.6	)		(1.7	)

Mitsubishi UFJ Financial Group, Inc.

4. Consolidated Financial Statements

(1) Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2012			As of March 31, 2013
Assets:
Cash and due from banks		9,036,116			11,457,999
Call loans and bills bought		347,930			580,906
Receivables under resale agreements		4,552,860			5,635,326
Receivables under securities borrowing transactions		3,256,655			2,589,171
Monetary claims bought		2,954,838			3,365,787
Trading assets		16,768,713			20,570,422
Money held in trust		395,352			501,934
Securities		78,264,735			79,526,850
Loans and bills discounted		84,492,697			91,299,557
Foreign exchanges		1,480,083			1,499,694
Other assets		8,004,949			8,097,431
Tangible fixed assets		1,343,909			1,404,687
Buildings		310,003			312,838
Land		729,229			723,563
Lease assets		14,324			15,148
Construction in progress		19,327			17,971
Other tangible fixed assets		271,024			335,166
Intangible fixed assets		1,023,834			1,091,392
Software		443,091			443,099
Goodwill		418,401			469,331
Lease assets		881			729
Other intangible fixed assets		161,460			178,231
Deferred tax assets		522,886			95,814
Customers’ liabilities for acceptances and guarantees		7,539,826			7,869,182
Allowance for credit losses		(1,123,773	)		(1,087,457	)

Total assets		218,861,616			234,498,701

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2012			As of March 31, 2013
Liabilities:
Deposits		124,789,252			131,697,096
Negotiable certificates of deposit		12,980,617			14,855,049
Call money and bills sold		2,809,618			3,980,493
Payables under repurchase agreements		13,585,846			15,886,923
Payables under securities lending transactions		4,978,915			4,027,390
Commercial papers		569,659			1,048,856
Trading liabilities		13,451,275			15,379,226
Borrowed money		10,318,096			10,758,136
Foreign exchanges		874,225			859,469
Short-term bonds payable		523,065			462,161
Bonds payable		6,634,121			6,114,578
Due to trust accounts		1,416,725			1,503,215
Other liabilities		5,956,502			5,742,901
Reserve for bonuses		47,797			62,707
Reserve for bonuses to directors		1,057			891
Reserve for retirement benefits		81,111			84,911
Reserve for retirement benefits to directors		1,534			1,438
Reserve for loyalty award credits		6,768			7,798
Reserve for contingent losses		373,439			296,471
Reserves under special laws		1,799			1,969
Deferred tax liabilities		84,706			180,485
Deferred tax liabilities for land revaluation		159,867			157,688
Acceptances and guarantees		7,539,826			7,869,182

Total liabilities		207,185,831			220,979,045

Net assets:
Capital stock		2,138,487			2,139,378
Capital surplus		2,175,304			2,172,930
Retained earnings		5,602,327			6,267,976
Treasury stock		(6,544	)		(1,929	)

Total shareholders’ equity		9,909,575			10,578,356

Net unrealized gains (losses) on other securities		440,900			1,207,963
Net deferred gains (losses) on hedging instruments		23,904			45,146
Land revaluation excess		161,361			159,952
Foreign currency translation adjustments		(494,155	)		(195,421	)
Pension liability adjustments of subsidiaries preparing financial statements under US GAAP		(48,555	)		(59,379	)

Total accumulated other comprehensive income		83,454			1,158,261

Subscription rights to shares		7,933			8,884
Minority interests		1,674,821			1,774,153

Total net assets		11,675,784			13,519,655

Total liabilities and net assets		218,861,616			234,498,701

Mitsubishi UFJ Financial Group, Inc.

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income

Consolidated Statements of Income


(in millions of yen)	For the fiscal year ended March 31, 2012		For the fiscal year ended March 31, 2013
Ordinary income		4,951,095		4,763,225
Interest income		2,349,355		2,336,956
Interest on loans and bills discounted		1,511,115		1,545,750
Interest and dividends on securities		605,627		611,233
Interest on call loans and bills bought		6,877		7,679
Interest on receivables under resale agreements		77,198		50,138
Interest on receivables under securities borrowing transactions		5,605		5,657
Interest on deposits		39,130		29,465
Other interest income		103,800		87,032
Trust fees		96,958		95,124
Fees and commissions		1,129,303		1,212,704
Trading income		225,588		288,214
Other business income		583,227		579,802
Other ordinary income		566,661		250,423
Gains on loans written-off		60,750		50,752
Others		505,911		199,670
Ordinary expenses		3,479,103		3,419,049
Interest expenses		508,874		520,180
Interest on deposits		183,125		185,840
Interest on negotiable certificates of deposit		41,995		49,958
Interest on call money and bills sold		8,385		7,260
Interest on payables under repurchase agreements		77,679		53,196
Interest on payables under securities lending transactions		5,050		5,562
Interest on commercial papers		746		2,579
Interest on borrowed money		55,393		46,186
Interest on short-term bonds payable		1,073		1,044
Interest on bonds payable		107,948		101,802
Other interest expenses		27,474		66,748
Fees and commissions		165,101		170,452
Other business expenses		208,523		188,086
General and administrative expenses		2,066,035		2,169,918
Other ordinary expenses		530,569		370,411
Provision for allowance for credit losses		75,519		26,514
Others		455,049		343,896

Ordinary profits		1,471,991		1,344,176

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the fiscal year ended March 31, 2012		For the fiscal year ended March 31, 2013
Extraordinary gains		33,092		70,346
Gains on disposition of fixed assets		10,395		5,537
Gains on negative goodwill		2,228		339
Reversal of reserve for contingent liabilities from financial instruments transactions		436		—
Gains on transfer of benefit obligation relating to employees’ pension fund		—		50,615
Gains on sales of equity securities of affiliates		20,032		12,047
Transfer gains on divestiture of businesses		—		1,450
Gains on sales of equity securities of subsidiaries		—		356
Extraordinary losses		56,960		60,733
Losses on disposition of fixed assets		10,607		11,117
Losses on impairment of fixed assets		22,114		10,069
Provision for reserve for contingent liabilities from financial instruments transactions		—		170
Losses on change in equity		—		23,285
Losses on return of assets from retirement benefits trust		—		8,293
Losses on sales of equity securities of affiliates		—		4,823
Losses on sales of equity securities of subsidiaries		228		2,600
Business structure improvement expenses		20,512		321
Amortization of goodwill		3,496		—
Others		—		51

Income before income taxes and others		1,448,124		1,353,789

Income taxes-current		239,236		197,641
Income taxes-deferred		137,258		198,145

Total taxes		376,494		395,787

Income before minority interests		1,071,629		958,002

Minority interests		90,297		105,378

Net income		981,331		852,623

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
Income before minority interests		1,071,629			958,002
Other comprehensive income
Net unrealized gains (losses) on other securities		346,125			759,954
Net deferred gains (losses) on hedging instruments		(14,259	)		22,483
Land revaluation excess		22,130			(143	)
Foreign currency translation adjustments		(57,884	)		179,253
Pension liability adjustments of subsidiaries preparing financial statements under US GAAP		(18,140	)		(7,071	)
Share of other comprehensive income of associates accounted for using equity method		(39,017	)		128,743

Total other comprehensive income		238,955			1,083,219

Comprehensive income		1,310,584			2,041,222

(Comprehensive income attributable to)
Comprehensive income attributable to owners of the parent		1,222,778			1,928,695
Comprehensive income attributable to minority interests		87,806			112,526

Mitsubishi UFJ Financial Group, Inc.

(3) Consolidated Statements of Changes in Net Assets


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
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		1,011			891

Total changes during the period		1,011			891

Balance at the end of the period		2,138,487			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		1,009			889
Disposition of treasury stock		7			(1,451	)
Changes in foreign affiliates’ interests in their subsidiaries		—			(1,811	)

Total changes during the period		1,017			(2,374	)

Balance at the end of the period		2,175,304			2,172,930

Retained earnings
Balance at the beginning of the period		4,799,668			5,602,327
Changes during the period
Dividends from retained earnings		(187,614	)		(187,660	)
Net income		981,331			852,623
Reversal of land revaluation excess		1,967			1,265
Change of scope of consolidation		2,434			—
Change of application of equity method		4,540			(578	)

Total changes during the period		802,659			665,649

Balance at the end of the period		5,602,327			6,267,976

Treasury stock
Balance at the beginning of the period		(6,458	)		(6,544	)
Changes during the period
Repurchase of treasury stock		(103	)		(36	)
Disposition of treasury stock		17			4,651

Total changes during the period		(85	)		4,615

Balance at the end of the period		(6,544	)		(1,929	)

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
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		2,021			1,780
Dividends from retained earnings		(187,614	)		(187,660	)
Net income		981,331			852,623
Repurchase of treasury stock		(103	)		(36	)
Disposition of treasury stock		25			3,199
Reversal of land revaluation excess		1,967			1,265
Change of scope of consolidation		2,434			—
Change of application of equity method		4,540			(578	)
Changes in foreign affiliates’ interests in their subsidiaries		—			(1,811	)

Total changes during the period		804,602			668,781

Balance at the end of the period		9,909,575			10,578,356

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		350,134			767,063

Total changes during the period		350,134			767,063

Balance at the end of the period		440,900			1,207,963

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		(14,882	)		21,241

Total changes during the period		(14,882	)		21,241

Balance at the end of the period		23,904			45,146

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		20,163			(1,408	)

Total changes during the period		20,163			(1,408	)

Balance at the end of the period		161,361			159,952

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		(102,072	)		298,733

Total changes during the period		(102,072	)		298,733

Balance at the end of the period		(494,155	)		(195,421	)

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
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		(13,864	)		(10,823	)

Total changes during the period		(13,864	)		(10,823	)

Balance at the end of the period		(48,555	)		(59,379	)

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		239,478			1,074,806

Total changes during the period		239,478			1,074,806

Balance at the end of the period		83,454			1,158,261

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		740			950

Total changes during the period		740			950

Balance at the end of the period		7,933			8,884

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		(183,462	)		99,332

Total changes during the period		(183,462	)		99,332

Balance at the end of the period		1,674,821			1,774,153

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		2,021			1,780
Dividends from retained earnings		(187,614	)		(187,660	)
Net income		981,331			852,623
Repurchase of treasury stock		(103	)		(36	)
Disposition of treasury stock		25			3,199
Reversal of land revaluation excess		1,967			1,265
Change of scope of consolidation		2,434			—
Change of application of equity method		4,540			(578	)
Changes in foreign affiliates’ interests in their subsidiaries		—			(1,811	)
Net changes of items other than shareholders’ equity		56,757			1,175,089

Total changes during the period		861,359			1,843,870

Balance at the end of the period		11,675,784			13,519,655

Mitsubishi UFJ Financial Group, Inc.

(4) Consolidated Statements of Cash Flows


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
Cash flows from operating activities:
Income before income taxes and others		1,448,124			1,353,789
Depreciation		237,469			245,832
Impairment losses		22,114			10,069
Amortization of goodwill		32,867			30,387
Amortization of negative goodwill		(1,602	)		(1,591	)
Gains on negative goodwill		(2,228	)		(339	)
Equity in losses (gains) of affiliates		(377,515	)		(52,004	)
Increase (decrease) in allowance for credit losses		(14,848	)		(45,668	)
Increase (decrease) in reserve for bonuses		2,569			13,718
Increase (decrease) in reserve for bonuses to directors		522			(281	)
Increase (decrease) in reserve for retirement benefits		22,486			(1,444	)
Increase (decrease) in reserve for retirement benefits to directors		(21	)		(96	)
Increase (decrease) in reserve for loyalty award credits		(1,858	)		1,029
Increase (decrease) in reserve for contingent losses		(118,538	)		(77,688	)
Interest income recognized on statement of income		(2,349,355	)		(2,336,956	)
Interest expenses recognized on statement of income		508,874			520,180
Losses (gains) on securities		(181,702	)		(283,087	)
Losses (gains) on money held in trust		5,162			1,774
Foreign exchange losses (gains)		(52,298	)		(2,177,409	)
Losses (gains) on sales of fixed assets		211			5,580
Net decrease (increase) in trading assets		(2,026,447	)		(3,110,802	)
Net increase (decrease) in trading liabilities		2,364,654			1,258,684
Adjustment of unsettled trading accounts		(99,158	)		366,201
Net decrease (increase) in loans and bills discounted		(4,761,214	)		(5,798,880	)
Net increase (decrease) in deposits		955,812			5,622,283
Net increase (decrease) in negotiable certificates of deposit		2,029,196			1,835,876
Net increase (decrease) in borrowed money (excluding subordinated borrowings)		1,458,199			455,583
Net decrease (increase) in due from banks (excluding cash equivalents)		924,230			(1,608,304	)
Net decrease (increase) in call loans and bills bought and others		(32,368	)		(1,156,983	)
Net decrease (increase) in receivables under securities borrowing transactions		342,733			703,586
Net increase (decrease) in call money and bills sold and others		1,942,243			2,873,402
Net increase (decrease) in commercial papers		472,650			454,464
Net increase (decrease) in payables under securities lending transactions		2,890,232			(963,002	)
Net decrease (increase) in foreign exchanges (assets)		(341,749	)		(25,448	)
Net increase (decrease) in foreign exchanges (liabilities)		190,137			(17,099	)
Net increase (decrease) in short-term bonds payable		86,098			(60,904	)
Net increase (decrease) in issuance and redemption of unsubordinated bonds payable		328,804			91,149
Net increase (decrease) in due to trust accounts		(42,383	)		86,490
Interest income (cash basis)		2,427,414			2,427,504
Interest expenses (cash basis)		(538,781	)		(538,177	)
Others		(21,509	)		(46,706	)

Sub-total		7,729,229			54,708

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
Income taxes		(150,523	)		(318,483	)
Refund of income taxes		6,818			15,094

Net cash provided by (used in) operating activities		7,585,524			(248,680	)

Cash flows from investing activities:
Purchases of securities		(196,162,029	)		(168,180,615	)
Proceeds from sales of securities		173,130,373			151,108,334
Proceeds from redemption of securities		15,845,616			19,393,204
Increase in money held in trust		(777,285	)		(920,379	)
Decrease in money held in trust		685,921			746,064
Purchases of tangible fixed assets		(108,503	)		(131,203	)
Purchases of intangible fixed assets		(156,499	)		(163,025	)
Proceeds from sales of tangible fixed assets		19,306			30,928
Proceeds from sales of intangible fixed assets		9,298			288
Payments for transfer of business		(230	)		(1,084	)
Proceeds from transfer of business		—			72,430
Proceeds from transfer of business		—			46,717
Purchases of equity of consolidated subsidiaries		(386	)		(46,299	)
Proceeds from sales of equity of consolidated subsidiaries		1,600			1,376
Decrease related to purchases of subsidiaries’ equity affecting the scope of consolidation		(739	)		(67,937	)
Increase related to sales of subsidiaries’ equity affecting the scope of consolidation		794			498
Others		(1,394	)		(3,811	)

Net cash provided by (used in) investing activities		(7,514,157	)		1,885,486

Cash flows from financing activities:
Increase in subordinated borrowings		89,800			103,501
Decrease in subordinated borrowings		(82,300	)		(145,000	)
Increase in subordinated bonds payable and bonds with warrants		562,103			322,359
Decrease in subordinated bonds payable and bonds with warrants		(632,996	)		(1,038,094	)
Proceeds from issuance of common stock to minority shareholders		10,947			94
Decrease in redemption of preferred stocks		(120,000	)		—
Dividend paid by MUFG		(187,459	)		(187,620	)
Dividend paid by subsidiaries to minority shareholders		(94,716	)		(91,054	)
Repayments to minority shareholders		(14,082	)		—
Purchases of treasury stock		(12	)		(15	)
Proceeds from sales of treasury stock		2			6,500
Purchases of treasury stock by consolidated subsidiaries		(0	)		(970	)
Others		3			4

Net cash provided by (used in) financing activities		(468,710	)		(1,030,295	)

Effect of foreign exchange rate changes on cash and cash equivalents		(34,853	)		187,775

Net increase (decrease) in cash and cash equivalents		(432,197	)		794,285

Cash and cash equivalents at the beginning of the period		4,919,083			4,486,753
Decrease in cash and cash equivalents due to deconsolidation of subsidiaries		(133	)		—

Cash and cash equivalents at the end of the period		4,486,753			5,281,038

Mitsubishi UFJ Financial Group, Inc.

Notes on Going-Concern Assumption

Not applicable

Significant Accounting Policies Applied in the Preparation of the Consolidated Financial Statements

1.	Scope of Consolidation

(1)

Number of Consolidated Subsidiaries: 220

Principal companies:

The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Mitsubishi UFJ Trust and Banking Corporation

Mitsubishi UFJ Securities Holdings Co., Ltd.

Mitsubishi UFJ NICOS Co., Ltd.

(Changes in the scope of consolidation)

In the current fiscal year, BTMU Liquidity Reserve Investment Limited and 21 other companies were newly consolidated following their formations or for other reasons.

In the current fiscal year, MU Strategic Partner Co., Ltd. and 25 other companies were excluded from the scope of consolidation because they were no longer subsidiaries due to liquidation or other reasons.

(2)

Non-consolidated Subsidiaries: None

(3)

Entities not Accounted for as Subsidiaries even though MUFG Owns the Majority of Voting Rights:

Gunma Challenge Fund Investment Limited Partnership

FOODSNET Corporation

YAMAGATA FOODS Co., Ltd.

GREEN BELL Co., Ltd.

PATLITE Corporation

Dream Infinity Inc.

MUFG’s consolidated venture capital subsidiaries participated in the management of partnerships as unlimited liability partners or own the majority of voting rights as passive investments primarily to benefit from the appreciation of their investments resulting from growth or restructuring of the investee’s businesses without any intent to control.

2.	Application of the Equity Method

(1)

Number of Non-consolidated Subsidiaries Accounted for under the Equity Method: None

(2)

Number of Affiliates Accounted for under the Equity Method: 61

Principal companies:

Mitsubishi UFJ Lease & Finance Company Limited

(Changes in the scope of application of the equity method)

In current fiscal year, Catalina Solar Holdings Lessor Trust and 6 other companies were newly included in the scope of application of the equity method following their formations or for other reasons.

In the current fiscal year, Senshu Ikeda Holdings, Inc. and 4 other companies were excluded from the scope of application of the equity method because of sales or for other reasons.

(3)

Number of Non-consolidated Subsidiaries not Accounted for under the Equity Method: None

(4)

Affiliates not Accounted for under the Equity Method: None

Mitsubishi UFJ Financial Group, Inc.

(5)

Entities not Recognized as Affiliates in which MUFG Owns 20% to 50% of their Voting Rights:

(A)

Kyoto Constella Technologies Co., Ltd.

Pharma Frontier Co., Ltd.

REVO trading co., Ltd.

two-five Co., Ltd.

SyncPower Corporation

TECHTOM Ltd.

ERIMAKEE Co., Ltd.

Biovisiq Japan Co., Ltd.

MUFG’s consolidated venture capital subsidiaries owned 20% to 50% of voting rights as passive investments primarily to benefit from the appreciation of their investments resulting from growth or restructuring of the investees’ businesses without any intent to control.

(B)

Hygeia Co., Ltd.

It was established as a property management agent for a land trust project as a passive investment without any intent to control.

3.	The Balance Sheet Dates of Consolidated Subsidiaries

(1)

The balance sheet dates of consolidated subsidiaries were as follows:


October 31:		1 subsidiary
December 31:		130 subsidiaries
January 24:		17 subsidiaries
January 31:		1 subsidiary
February 28:		1 subsidiary
March 31:		70 subsidiaries

(2)

A subsidiary whose balance sheet date is October 31 was consolidated based on its preliminary financial statements as of January 31.

Subsidiaries other than specified above were consolidated based on the financial statements as of their balance sheet dates.

Adjustments were made in the consolidated financial statements to reflect the significant transactions occurred between the balance sheet dates of the subsidiaries and the consolidated balance sheet date.

4.	Accounting Policies

(1)

Trading assets and trading liabilities; trading income and expenses

Transactions involving short-term fluctuations or arbitrage opportunities in interest rates, currency exchange rates, market prices of financial instruments or other market indices (“Trading purposes”) are presented in “Trading assets” and “Trading liabilities” on the consolidated balance sheet on a trade date basis, and gains and losses from trading transactions (interest and dividends, gains or losses on sales and gains or losses on valuation) are presented in “Trading income” and “Trading expenses” on the consolidated statement of income on a trade date basis. Trading assets and trading liabilities are stated at their fair values on the consolidated balance sheet date.

(2)

Securities

(A)

Debt securities being held to maturity are stated at amortized costs (using the straight-line method) computed under the moving average method. Other securities are primarily stated at their quoted market prices on the consolidated balance sheet date (cost of securities sold is calculated primarily under the moving average method), and other securities whose fair value is extremely difficult to estimate are stated at acquisition costs computed under the moving average method. Net unrealized gains (losses) on other securities are included directly in net assets, net of applicable income taxes, except in the case of securities with embedded derivatives, which are measured at fair value in their entirety with the change in fair value recognized in current earnings.

(B)

Securities which are held as trust assets in money held in trust are accounted for under the same basis as noted above in Notes (1) and (2)(A). Unrealized gains and losses on securities in money held in trust, which are not held for trading purposes or held to maturity, are included directly in net assets, net of applicable income taxes.

Mitsubishi UFJ Financial Group, Inc.

(3)

Derivatives

Derivatives transactions (other than trading purposes) are calculated primarily based on fair value.

(4)

Depreciation of fixed assets

(A)

Tangible Fixed Assets (except for Lease Assets)

Depreciation of tangible fixed assets of MUFG and its domestic consolidated banking subsidiaries and domestic consolidated trust banking subsidiaries is computed under the declining-balance method.

The useful lives are primarily estimated as follows:

Buildings: 15 years to 50 years

Equipment: 2 years to 20 years

Depreciation of tangible fixed assets of other consolidated subsidiaries is computed primarily under the straight-line method based on their estimated useful lives.

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

Starting from the current fiscal year, MUFG and its domestic consolidated subsidiaries have changed the method of depreciation due to the revision of Corporation Tax Act. Accordingly, tangible fixed assets acquired on or after April 1, 2012 shall be depreciated according to the revised act.

This change has minor impact on the consolidated statement of income and others.

(B)

Intangible Fixed Assets (except for Lease Assets)

Amortization of intangible fixed assets is computed under the straight-line method. Development costs for internally used software are capitalized and amortized under the straight-line method over the estimated useful lives of primarily 3 years to 10 years.

(C)

Lease Assets

Depreciation or amortization of lease assets in “Tangible fixed assets” or “Intangible fixed assets” of the finance leases other than those that are deemed to transfer the ownership of leased property to the lessees is computed under the straight-line method over the lease periods with zero residual value unless residual value is guaranteed by the corresponding lease contracts.

(5)

Deferred Assets

Stock issuance costs and bond issuance costs are expensed as incurred.

Discount on bonds recognized prior to March 31, 2006 is amortized using the straight-line method over the life of corresponding bonds and the unamortized portion is deducted directly from bonds in accordance with ASBJ PITF No. 19 “Tentative Solution on Accounting for Deferred Assets” (August 11, 2006).

(6)

Allowance for Credit Losses

Principal domestic consolidated subsidiaries provide allowance for credit losses in accordance with the internal standards for self-assessment of asset quality and the internal standards for write-offs and provisions.

For claims on borrowers that have entered into bankruptcy, special liquidation proceedings or similar legal proceedings or whose notes have been dishonored and suspended from processing through clearing houses (“bankrupt borrowers”) or borrowers that are not legally or formally bankrupt but are regarded as substantially in a similar condition (“substantially bankrupt borrowers”), allowances are provided based on the amount of claims, after the write-offs as stated below, net of expected amounts to be collected through the disposal of collateral and the execution of guarantees.

For claims on borrowers that are not yet legally or formally bankrupt but deemed to have a high possibility of becoming bankrupt (“potentially bankrupt borrowers”) excluding a portion of which principal and interest payment can be reasonably estimated from borrower’s cash flows, allowances are provided based on an overall solvency assessment of the claims, net of expected amounts to be collected through the disposal of collateral and the execution of guarantees.

Mitsubishi UFJ Financial Group, Inc.

For claims on potentially bankrupt borrowers and claims on borrowers requiring close monitoring, of which principal and interest payment can be reasonably estimated from borrower’s cash flows, allowances are provided in an amount equal to the difference between the book value of the claims and the relevant cash flows discounted by the initial contractual interest rates.

For other claims, allowances are provided based on historical credit loss experience.

For claims originated in specific foreign countries, additional allowances are provided based on an assessment of political and economic conditions of these countries.

All claims are assessed by branches and the credit supervision departments in accordance with the internal standards for self-assessment of asset quality. The credit review department, which is independent from those operating sections, subsequently audits these assessments.

For claims on bankrupt borrowers and substantially bankrupt borrowers, the amount of claims exceeding the estimated value of collateral or guarantees, that is deemed uncollectible, has been written-off. The total amount of write-offs was ¥619,561 million.

Consolidated subsidiaries, not adopting procedures stated above, provide allowances based on their historical credit loss experience for general claims and based on individual assessments of the possibility of collection for specific deteriorated claims.

(7)

Reserve for Bonuses

Reserve for bonuses, which is provided for future bonus payments to employees, reflects an estimated amount accrued on the consolidated balance sheet date.

(8)

Reserve for Bonuses to Directors

Reserve for bonuses to directors, which is provided for future bonus payments to directors, reflects an estimated amount accrued on the consolidated balance sheet date.

(9)

Reserve for Retirement Benefits

Reserve for retirement benefits, which is provided for future pension payments to employees, is recorded in the amount deemed accrued on the consolidated balance sheet date based on the projected benefit obligation and the estimated plan asset amount at the end of each fiscal year.

Unrecognized prior service cost is amortized under the straight-line method for a period, primarily over 10 years, within the employees’ average remaining service period, commencing on the fiscal year in which the cost is incurred.

Unrecognized net actuarial gains (losses) are amortized under the straight-line method for a period, primarily over 10 years, within the employees’ average remaining service period, commencing on the fiscal year immediately following the fiscal year in which the gains (losses) are incurred.

(Additional Information)

Employees’ pension funds of MUFG’s domestic consolidated trust banking subsidiary obtained approval of the Minister of Health, Labour and Welfare, dated January 1, 2013, for returning the substitutional portion which relates to past employee services. As a result, ¥50,615 million of gains on transfer of benefit obligation relating to employees’ pension fund were recorded as part of extraordinary gains.

(10)

Reserve for Retirement Benefits to Directors

Reserve for retirement benefits to directors, which is provided for future payments of retirement benefits to directors of subsidiaries, is recorded in the amount deemed accrued on the consolidated balance sheet date based on the estimated amount of benefits.

(11)

Reserve for Loyalty Award Credits

Reserve for loyalty award credits, which is provided to meet future use of credits granted to credit card (such as “Super IC card”) customers, is recorded in the amount deemed necessary based on the estimated future use of unused credits.

Mitsubishi UFJ Financial Group, Inc.

(12)

Reserve for Contingent Losses

Reserve for contingent losses, which is provided for possible losses from contingent events related to off-balance sheet and other transactions, is calculated by estimating the impact of such contingent events and includes future claims for repayment of excess interest payments on consumer loans which are estimated based on the past and pending claims.

(13)

Reserves under Special Laws

Reserves under special laws represented the ¥1,969 million of reserve for contingent liabilities from financial instruments transactions set aside in accordance with Article 46-5-1 and Article 48-3-1 of the Financial Instruments and Exchange Law and Article 175 and 189 of the Cabinet Office Ordinance on Financial Instruments Business.

(14)

Assets and Liabilities Denominated in Foreign Currencies

Assets and liabilities denominated in foreign currencies or booked at overseas branches of domestic consolidated banking subsidiaries and domestic consolidated trust banking subsidiaries are translated into yen primarily at exchange rates prevailing at the consolidated balance sheet date, except for investments in non-consolidated affiliates which are translated into yen at exchange rates prevailing at the acquisition dates.

Assets and liabilities denominated in foreign currencies of other consolidated subsidiaries are translated into yen at the exchange rates prevailing at the respective balance sheet date.

(15)

Leasing Transactions

(As Lessees)

Domestic consolidated subsidiaries’ finance leases other than those that are deemed to transfer the ownership of leased property to the lessees, which commenced in fiscal years beginning on or after April 1, 2008, are accounted for in a similar way to purchases and depreciation for lease assets is computed under the straight-line method over the lease term with zero residual value unless residual value is guaranteed by the corresponding lease contracts.

Finance leases other than those that are deemed to transfer the ownership of leased property to the lessees, which commenced in fiscal years beginning prior to April 1, 2008, are accounted for in a similar way to operating leases.

(As Lessors)

Finance leases other than those that are deemed to transfer the ownership of leased property to the lessees are accounted for in a similar way to sales and income and expenses related to such leases are recognized by allocating interest equivalents to applicable fiscal periods instead of recording sales as “Other ordinary income”.

Mitsubishi UFJ Financial Group, Inc.

(16)

Hedge Accounting

(A)

Hedge Accounting for Interest Rate Risks

Domestic consolidated banking subsidiaries and domestic consolidated trust banking subsidiaries have adopted the deferred hedge accounting method for hedging transactions for interest rate risks arising from financial assets and liabilities. Portfolio hedging or individual hedging, as described in the JICPA Industry Audit Committee Report No. 24, “Treatment of Accounting and Auditing of Application of Accounting Standard for Financial Instruments in Banking Industry” (February 13, 2002) and JICPA Accounting Committee Report No. 14, “Practical Guidelines for Accounting for Financial Instruments” (January 31, 2000), are primarily applied to determine hedged items.

With respect to hedging transactions to offset fluctuations in the fair value of fixed rate deposits, loans and other instruments, hedging instruments (e.g. interest rate swaps) are designated to hedged items individually or collectively by their maturities in accordance with Industry Audit Committee Report No. 24. With respect to hedging transactions to offset fluctuations in fair value of fixed rate bonds classified as other securities, hedging instruments (e.g. interest rate swaps) are designated to hedged items collectively by the type of bond. Since material terms related to hedged items and hedging instruments are substantially identical, and such hedging transactions are deemed highly effective, the assessment of effectiveness is based on the similarity of the terms.

With respect to hedging transactions to fix the cash flows related to floating rate deposits and loans as well as forecasted transactions related to short-term fixed rate deposits, loans and other instruments, hedging instruments (e.g. interest rate swaps) are designated to hedged items collectively by interest rate indices and tenors in accordance with Industry Audit Committee Report No. 24. Since material terms related to hedged items and hedging instruments are substantially identical, and such hedging transactions are deemed highly effective, the assessment of effectiveness is based on the similarity of the terms. The effectiveness of hedging transactions is also assessed by verifying the correlation between factors that cause fluctuations in interest rates of hedged items and those of hedging instruments.

As of March 31, 2003, deferred hedge losses and gains were recorded on the consolidated balance sheet as a result of the application of macro hedge accounting based on JICPA Industry Audit Committee Report No. 15 “Tentative Treatment for Accounting and Auditing in Adoption of Accounting Standards for Banking Industry” (February 15, 2000), under which the overall interest rate risks arising from numerous deposits, loans and other instruments are hedged collectively by derivative transactions. These losses and gains are amortized as expense or income over the remaining lives of the macro hedging instruments (for a maximum period of 15 years from April 1, 2003). Deferred hedge losses and gains attributable to macro hedge accounting at the end of the current fiscal year were ¥49 million (before tax effect adjustment) and ¥0 million (before tax effect adjustment), respectively.

(B)

Hedge Accounting for Foreign Currency Risks

Domestic consolidated banking subsidiaries and domestic consolidated trust banking subsidiaries have adopted the deferred hedge accounting method for hedging foreign currency risks arising from financial assets and liabilities denominated in foreign currencies. Portfolio hedging is applied to determine hedged items as described in JICPA Industry Audit Committee Report No. 25 “Treatment of Accounting and Auditing concerning Accounting for Foreign Currency Transactions in the Banking Industry” (July 29, 2002). Hedging instruments (e.g. currency swaps and forward exchange contracts) are designated to hedged items collectively by currencies.

Domestic consolidated banking subsidiaries and domestic consolidated trust banking subsidiaries have adopted deferred hedge accounting method for hedging transactions for foreign currency risks arising from investments in affiliates denominated in foreign currencies, while adopting the fair value hedge accounting method for hedging transactions for foreign currency risks arising from other securities (other than bonds) denominated in foreign currency. Portfolio hedging and individual hedging are applied to determine hedged items. Monetary liabilities denominated in the same foreign currencies or forward exchange contracts are used as hedging instruments.

(C)

Transactions among Consolidated Subsidiaries

Derivative transactions including interest rate swaps and currency swaps which are designated as hedging instruments among consolidated subsidiaries or between trading accounts and other accounts (or among internal sections) are not eliminated from the consolidated statements of income or valuation difference, but are recognized as related gains or losses or deferred under hedge accounting because these derivative transactions are executed, meeting certain criteria under JICPA Industry Audit Committee Reports No. 24 and No. 25 and they are regarded as equivalent to external third party transactions.

Mitsubishi UFJ Financial Group, Inc.

(17)

Amortization of Goodwill and Amortization Period

Goodwill and negative goodwill recognized on or before March 31, 2010 are amortized using the straight-line method over 20 years starting from the period of the consolidation. Goodwill with insignificant balances was expensed as incurred.

(18)

Cash and Cash Equivalents in the Consolidated Statements of Cash Flows

Cash and cash equivalents in the consolidated statements of cash flows are defined as “Cash and due from banks” on the consolidated balance sheet, excluding time deposits and negotiable certificates of deposits in other banks.

(19)

Consumption Taxes

National and local consumption taxes are excluded from transaction amounts. Non-deductible portions of consumption taxes on the purchases of tangible fixed assets are expensed when incurred.

(20)

Accounting Standard for Foreign Subsidiaries

Financial statements of foreign subsidiaries are used for consolidated accounting as long as they are prepared in accordance with the International Financial Reporting Standards (“IFRS”) or Generally Accepted Accounting Principles in the United States (“U.S. GAAP”).

If they are prepared in accordance with generally accepted accounting principles in each domicile country and not in accordance with IFRS or U.S. GAAP, the financial statements of foreign subsidiaries are mainly adjusted in accordance with U.S. GAAP. They were also adjusted when necessary in the process of consolidation.

Mitsubishi UFJ Financial Group, Inc.

Notes to the Consolidated Financial Statements

(Consolidated Balance Sheet)

1.	Securities include ¥1,732,721 million in stock and ¥37,970 million in investments of affiliates.

“Investment securities” also includes ¥567 million of unsecured securities loaned with respect to which borrowers have rights to sell or pledge. For borrowed securities under securities borrowing transactions and securities purchased under resale agreements which were permissible to be sold or re-pledged without restrictions, ¥6,850,384 million of such securities were re-pledged, ¥640,152 million were re-loaned and ¥2,515,952 million were held by MUFG as of the consolidated balance sheet date.

3.	Loans to bankrupt borrowers: ¥74,348 million.

Non-accrual delinquent loans: ¥1,189,791 million.

Loans to bankrupt borrowers are loans, after write-offs, to bankrupt borrowers as defined in Article 96-1-3-1 to 5 and 96-1-4 of the Enforcement Ordinance of the Corporate Tax Law (No. 97 in 1965) on which accrued interest income is not recognized (“Non-accrual loans”) as there is substantial doubt as to the collection of principal and/or interest because of delinquencies in payment of principal and/or interest for a significant period of time or for some other reasons.

Non-accrual delinquent loans represent non-accrual loans other than loans to bankrupt borrowers and loans renegotiated at concessionary terms including reduction or deferral of interest due to borrowers’ weakened financial condition.

4.	Loans past due for 3 months or more: ¥38,596 million.

Loans past due for 3 months or more represent loans whose principal and/or interest payments have been past due for 3 months or more excluding loans to bankrupt borrowers and non-accrual delinquent loans.

5.	Restructured loans: ¥641,730 million.

Restructured loans represent loans renegotiated at concessionary terms including reduction or deferral of interest or principal and waiver of the claims for the purpose of business reconstruction or support for the borrower, excluding loans to bankrupt borrowers, non-accrual delinquent loans and loans past due for 3 months or more.

6.	The total amount of loans to bankrupt borrowers, non-accrual delinquent loans, loans past due for 3 months or more and restructured loans was ¥1,944,467 million.

The amounts provided in Notes 3 to 6 represent gross amounts before the deduction of allowances for credit losses.

Bills discounted were accounted for as financial transactions in accordance with JICPA Industry Audit Committee Report No. 24. MUFG’s banking subsidiaries and trust banking subsidiaries have rights to sell or pledge bank acceptances bought, commercial bills discounted, documentary bills and foreign exchanges bought without restrictions. The total face value of these bills was ¥969,002 million.

Mitsubishi UFJ Financial Group, Inc.

8.	Assets pledged as collateral were as follows:


Cash and due from banks:			¥1,300 million
Trading assets:			¥206,705 million
Securities:			¥4,076,856 million
Loans and bills discounted:			¥4,973,230 million
Other assets:			¥156,749 million
Tangible fixed assets			¥26,869 million

Liabilities related to pledged assets were as follows:


Deposits:			¥220,756 million
Call money and bills sold:			¥530,000 million
Trading liabilities:			¥77,503 million
Borrowed money:			¥7,636,932 million
Bonds payable:			¥27,732 million
Other liabilities:			¥51,726 million
Acceptances and guarantees:			¥244 million

In addition to the items listed above, ¥1,852 million of cash and due from banks, ¥275,110 million of monetary claims bought, ¥113,840 million of trading assets, ¥10,799,859 million of securities, and ¥7,368,852 million of loans and bills discounted were pledged as collateral for cash settlements and other transactions or as deposits for margin accounts of futures and other transactions. ¥4,662,741 million of trading assets and ¥9,166,316 million of securities were sold under repurchase agreements or loaned under secured lending transactions with cash collateral. Payables corresponding to the assets sold or loaned under repurchase agreements and under securities lending transactions were ¥10,574,670 million and ¥3,652,575 million, respectively.

Bills rediscounted were accounted for as financial transactions in accordance with Industry Audit Committee Report No. 24. The total face value of bills of exchange rediscounted was ¥7,203 million.

Overdraft facilities and commitment lines of credit are binding contracts under which MUFG’s consolidated subsidiaries have obligations to disburse funds up to predetermined limits upon the borrower’s request as long as there have been no breach of contracts. The total amount of the unused portion of these facilities was ¥72,131,464 million.

The total amount of the unused portion does not necessarily represent actual future cash requirements because many of these contracts are expected to expire without being drawn upon. In addition, most of these contracts include clauses which allow MUFG’s consolidated subsidiaries to decline the borrower’s request for disbursement or decrease contracted limits for cause, such as changes in financial condition or deterioration in the borrower’s creditworthiness. MUFG’s consolidated subsidiaries may request the borrowers to pledge real property and/or securities as collateral upon signing of the contract and will perform periodic monitoring on the borrower’s business conditions in accordance with internal procedures, which may lead to renegotiation of the terms and conditions of the contracts and/or initiate the request for additional collateral and/or guarantees.

Mitsubishi UFJ Financial Group, Inc.

10.

In accordance with the “Law concerning Revaluation of Land” (the “Law”) (No. 34, March 31, 1998), land used for business operations of domestic consolidated banking subsidiaries and domestic consolidated trust banking subsidiaries has been revalued as of the dates indicated below. The total excess from revaluation, net of income taxes corresponding to the excess which were recognized as “Deferred tax liabilities for land revaluation”, is stated as “Land revaluation excess” in net assets. Land revaluation excess includes MUFG’s share of affiliated companies’ land revaluation excess.

Dates of revaluation:


Domestic consolidated banking subsidiaries		March 31, 1998

Domestic consolidated trust banking subsidiaries		March 31, 1998, December 31, 2001 and March 31, 2002

The method of revaluation as set forth in Article 3, Paragraph 3 of the “Law”:

Fair values are determined based on (1) “published land price under the Land Price Publication Law” stipulated in Article 2-1 of the “Enforcement Ordinance of the Law concerning Revaluation of Land” (“Ordinance”) (No. 119, March 31, 1998), (2) “standard land price determined on measurement spots under the Enforcement Ordinance of National Land Planning Law” stipulated in Article 2-2 of the “Ordinance,” (3) “land price determined by the method established and published by the Director General of the National Tax Agency in order to calculate land value which is used for determining taxable amounts subject to landholding tax articulated in Article 16 of the Landholding Tax Law” stipulated in Article 2-4 of the “Ordinance” with price adjustments by shape and time and (4) appraisal by certified real estate appraisers stipulated in Article 2-5 of the “Ordinance” with price adjustments for time.

The difference between the fair value of land used for business operations revaluated in accordance with Article 10 of the law as of the end of the current fiscal year and the book value of such land following the revaluation was ¥57,845 million.

In addition, some of our affiliates that were accounted under equity method did the revaluation for land used for business operations on March 31, 2002.

11.	Accumulated depreciation on tangible fixed assets: ¥1,166,955 million.

12.	Deferred gains on tangible fixed assets deducted for tax purposes: ¥94,730 million.

13.	Borrowed money included ¥763,300 million of subordinated borrowings.

14.	Bonds payable included ¥2,627,488 million of subordinated bonds.

15.	Goodwill and negative goodwill recognized on or before March 31, 2010 were netted and presented in “Goodwill”. The balances of goodwill and negative goodwill before netting were as follows:


Goodwill:	¥	493,602 million
Negative goodwill:	¥	24,271 million

Balance after net out:	¥	469,331 million

16.	The principal amount of money trusts entrusted to domestic trust banking subsidiaries, for which repayment of the principal to the customers was guaranteed, was ¥1,007,608 million.

17.	With regard to bonds and other securities in “Securities”, guarantee obligations for private placement bonds (provided in accordance with the Article 2-3 of the Financial Instruments and Exchange Law) were ¥1,083,266 million.

Mitsubishi UFJ Financial Group, Inc.

(Consolidated Statements of Income)

1.	“Other ordinary income” included ¥53,169 million of gains on sales of equity securities, ¥52,004 million of equity in gains (losses) of the equity method investees, ¥30,967 million of leasing fees relating to the consolidated leasing subsidiaries.

2.	“Other ordinary expenses” included ¥130,448 million of write-offs of loans, ¥87,357 million of write-offs of equity securities, ¥46,767 million of provision for reserve for contingent losses.

3.	“Amortization of goodwill” was recorded in accordance with the provisions in Paragraph 32 of JICPA Accounting Committee Report No. 7 “Practical Guidelines on the Capital Consolidation Procedure in Consolidated Financial Statements” (May 12, 1998).

Mitsubishi UFJ Financial Group, Inc.

(Consolidated Statements of Changes in Net Assets)

1.	Detailed Information regarding Outstanding Shares


	(Thousand shares)
	Number of shares as of April 1, 2012		Number of shares increased		Number of shares decreased		Number of shares as of March 31, 2013		Notes
Outstanding shares
Common stock		14,154,534		4,051		—		14,158,585	(1)
First series of class 5 preferred stock		156,000		—		—		156,000
Class 11 preferred stock		1		—		—		1
Total		14,310,535		4,051		—		14,314,586
Treasury stock
Common stock		9,553		56		6,199		3,411	(2)
Total		9,553		56		6,199		3,411

(1)

Increase in the number of common stocks by 4,051 thousand shares was due to the exercise of stock options.

(2)

Increase in the number of common stocks held in treasury by 56 thousand shares was mainly due to repurchase of stocks in response to requests made by shareholders holding shares constituting less than a unit and an increase in the number of shares held by affiliates accounted for under the equity method. Decrease in the number of common stocks held in treasury by 6,199 thousand shares was mainly due to sale of stocks in response to requests made by shareholders holding shares constituting less than a unit, sale of stocks by consolidated subsidiaries and a decrease in the number of shares held by affiliates accounted for under the equity method.

2.	Information regarding Subscription Rights to Shares and Own Share Subscription Rights to Stock

Issuer

Type of
Subscription rights to
shares

Type of
stock to
be issued

Number of shares subject to subscription rights

Balance as of
March 31,
2013
(in millions
of yen)

As of
April 1,
2012

Increase

Decrease

As of
March 31,
2013

MUFG

Subscription rights
to shares
(Own share subscription rights to
stock)

—

(—)

—

(—)

—

(—)

—

(—)

—

(—)

Stock options

—

8,884

Consolidated subsidiaries (Own share subscription rights to stock)

—

(—)

Total

—

8,884

(—)

Mitsubishi UFJ Financial Group, Inc.

3.	Detailed Information regarding Cash Dividends

(A)

Dividends Paid in the Fiscal Year Ended March 31, 2013


Date of approval	Type of stock	Total Dividends (in millions of yen)		Dividend per share (¥)		Dividend record date	Effective date
General meeting of shareholders on June 28, 2012	Common stock		84,926		6	March 31, 2012	June 28 , 2012
	First series of class 5 preferred stock		8,970		57.5
	Class 11 preferred stock		0		2.65
Board of directors meeting on November 14, 2012	Common stock		84,950		6	September 30, 2012	December 7, 2012
	First series of class 5 preferred stock		8,970		57.5
	Class 11 preferred stock		0		2.65

The total amount of dividends above includes ¥157 million paid to consolidated subsidiaries.

(B)

Dividends with Record Dates on or before March 31, 2013 and Effective Dates after March 31, 2013

The following matters relating to dividends are planned to be submitted to shareholder vote at the Annual General Meeting of Shareholders scheduled to be held on June 27, 2013.

Date of approval
(scheduled)

Type of stock

Total Dividends
(in millions of
yen)

Source of
dividends

Dividend
per share
(¥)

Dividend
record date

Effective
date

General meeting of shareholders on June 27, 2013

Common stock

99,109

Retained
earnings

March 31,
2013

June 27,
2013

First series of class 5 preferred stock

8,970

57.5

Class 11 preferred stock

2.65

Mitsubishi UFJ Financial Group, Inc.

(Consolidated Statements of Cash Flows)

The difference between “cash and cash equivalents” and items presented on the consolidated balance sheet

As of March 31, 2013


Cash and due from banks on the consolidated balance sheet:	¥	11,457,999 million
Time deposits and negotiable certificates of deposit in other banks:	¥	(6,176,960 million	)

Cash and cash equivalents:	¥	5,281,038 million

Mitsubishi UFJ Financial Group, Inc.

(Financial Instruments)

Disclosure on the Fair Value, etc. of Financial Instruments

(1)

The following table summarizes the amount stated on the consolidated balance sheet and the fair value of financial instruments as of March 31, 2013 together with their differences. Note that the following table does not include non-listed equity securities and certain other securities of which fair value is extremely difficult to determine.


	(in millions of yen)
	Amount on consolidated balance sheet			Fair value			Difference
(1) Cash and due from banks		11,457,999			11,457,999			—
(2) Call loans and bills bought		580,906			580,906			—
(3) Receivables under resale agreements		5,635,326			5,635,326			—
(4) Receivables under securities borrowing transactions		2,589,171			2,589,171			—
(5) Monetary claims bought (*1)		3,365,787			3,417,172			51,385
(6) Trading assets		8,048,803			8,048,803			—
(7) Money held in trust		501,934			501,934			—
(8) Securities
Debt securities being held to maturity		721,996			724,245			2,248
Other securities		76,540,816			76,540,816			—
(9) Loans and bills discounted		91,299,557
Allowance for credit losses (*1)		(898,835	)

		90,400,722			91,861,557			1,460,835

(10) Foreign exchanges (*1)		1,499,694			1,499,694			—

Total assets		201,343,160			202,857,629			1,514,469

(1) Deposits		131,697,096			131,723,286			26,189
(2) Negotiable certificates of deposit		14,855,049			14,860,430			5,381
(3) Call money and bills sold		3,980,493			3,980,493			—
(4) Payables under repurchase agreements		15,886,923			15,886,923			—
(5) Payables under securities lending transactions		4,027,390			4,027,390			—
(6) Commercial papers		1,048,856			1,048,856			—
(7) Trading liabilities		2,768,490			2,768,490			—
(8) Borrowed money		10,758,136			10,820,162			62,026
(9) Foreign exchanges		859,469			859,469			—
(10) Short-term bonds payable		462,161			462,161			—
(11) Bonds payable		6,114,578			6,254,598			140,020
(12) Due to trust accounts		1,503,215			1,503,215			—

Total liabilities		193,961,862			194,195,480			233,618

Derivative transactions (*2)
Activities not qualifying for hedges		291,502			291,502			—
Activities qualifying for hedges		(299,471	)		(299,471	)		—

Total derivative transactions		(7,968	)		(7,968	)		—

(*1)	General and specific reserves for credit losses corresponding to loans are deducted. However, with respect to items other than loans, the amount stated on the consolidated balance sheet is shown since the amount of reserve for credit losses corresponding to these items is insignificant.

(*2)	Derivative transactions in trading assets and liabilities as well as other assets and liabilities are shown together. Assets and liabilities arising from derivative transactions are presented on a net basis, and liabilities are shown in parentheses.

Mitsubishi UFJ Financial Group, Inc.

(2)

The following table summarizes financial instruments on consolidated balance sheets whose fair value is extremely difficult to estimate. These securities are not included in the amount presented under the line item “Assets – (8) Other securities” in the table summarizing fair value of financial instruments.


	(in millions of yen)
Category	Carrying amount
(1) Non-listed equity securities (1) (2)		363,341
(2) Investments in partnerships, etc. (2) (3)		146,813
(3) Others (*2)		1,285
Total		511,440

(*1)

Non-listed equity securities do not carry quoted market prices. Since it is extremely difficult to estimate the fair value of these securities, their fair value is not disclosed.

(*2)

With respect to non-listed equity securities, an impairment loss of ¥11,240 million was recorded in the current fiscal year.

(*3)

Investments in partnerships, etc. mainly include silent partnerships and investment partnerships, etc., and they do not carry quoted market prices. Since it is extremely difficult to estimate the fair value of these securities, their fair value is not disclosed.

Mitsubishi UFJ Financial Group, Inc.

(Securities)

In addition to “Securities” on the consolidated balance sheet, the figures in the following tables include trading account securities, securities related to trading transactions and short-term corporate bonds classified as “Trading assets”, negotiable certificates of deposit in “Cash and due from banks” and beneficiary certificates of commodities investment trusts in “Monetary claims bought” and others.

1. Trading Securities (as of March 31, 2013)


		(in millions of yen)
		Net unrealized gains (losses) recorded on the consolidated statement of income during the current fiscal year
Trading securities		14,477

2.	Debt Securities Being Held to Maturity (as of March 31, 2013)


	(in millions of yen)
	Type of securities	Amount on consolidated balance sheet		Fair value		Difference
Securities of which the fair value exceeds the amount recorded on consolidated balance sheet	Securities		233,985		235,878		1,893
	Government bonds		229,940		231,813		1,872
	Municipal bonds		—		—		—
	Corporate bonds		4,044		4,065		20
	Other Securities		1,798,656		1,853,786		55,130
	Foreign bonds		392,014		395,759		3,745
	Other		1,406,641		1,458,027		51,385
	Subtotal		2,032,641		2,089,665		57,023
Securities of which the fair value does not exceed the amount recorded on consolidated balance sheet	Securities		—		—		—
	Government bonds		—		—		—
	Municipal bonds		—		—		—
	Corporate bonds		—		—		—
	Other Securities		147,458		144,068		(3,390	)
	Foreign bonds		95,997		92,607		(3,390	)
	Other		51,461		51,461		—
	Subtotal		147,458		144,068		(3,390	)
Total			2,180,100		2,233,734		53,633

Mitsubishi UFJ Financial Group, Inc.

3. Other Securities (as of March 31, 2013)


	(in millions of yen)
	Type of securities	Amount on consolidated balance sheet		Acquisition cost		Difference
Securities of which the fair value exceeds the acquisition cost	Domestic equity securities		3,162,256		1,971,230		1,191,026
	Domestic bonds		44,285,662		43,907,990		377,671
	Government bonds		41,530,939		41,227,064		303,875
	Municipal bonds		210,760		201,807		8,953
	Corporate bonds		2,543,962		2,479,119		64,842
	Other Securities		17,840,020		17,296,009		544,011
	Foreign equity securities		208,712		114,023		94,689
	Foreign bonds		15,795,928		15,468,642		327,286
	Other		1,835,379		1,713,342		122,036
	Subtotal		65,287,939		63,175,230		2,112,709
Securities of which the fair value does not exceed the acquisition cost	Domestic equity securities		734,329		879,325		(144,995	)
	Domestic bonds		7,187,342		7,193,473		(6,131	)
	Government bonds		6,947,055		6,947,816		(761	)
	Municipal bonds		1,485		1,490		(4	)
	Corporate bonds		238,800		244,166		(5,366	)
	Other Securities		3,882,248		3,958,692		(76,444	)
	Foreign equity securities		409		479		(69	)
	Foreign bonds		2,585,529		2,607,586		(22,057	)
	Other		1,296,308		1,350,626		(54,317	)
	Subtotal		11,803,920		12,031,491		(227,571	)
Total			77,091,859		75,206,721		1,885,138

(Note)

The total difference amount shown in the table above includes ¥11,274 million revaluation gains of securities with embedded derivatives.

Mitsubishi UFJ Financial Group, Inc.

4.	Other Securities Sold during the Fiscal Year (from April 1, 2012 to March 31, 2013)


	(in millions of yen)
	Amount sold		Gains on sales		Losses on sales
Domestic equity securities		389,312		49,462		15,358
Domestic bonds		117,374,682		195,128		20,189
Government bonds		116,990,573		188,770		19,783
Municipal bonds		91,671		334		106
Corporate bonds		292,438		6,023		299
Other Securities		32,251,094		271,410		87,761
Foreign equity securities		51,512		2,478		1,300
Foreign bonds		31,978,490		264,461		83,319
Other		221,091		4,471		3,141
Total		150,015,089		516,000		123,310

5.	Change in Classification of Securities by Purpose of Holding

(1)

In the current fiscal year, classification of bonds for the value of ¥47,566 million held by domestic consolidated trust banking subsidiaries was changed from “Being held to maturity” category to “Other securities” following a significant deterioration of creditworthiness of the bond issuers.

(2)

In the current fiscal year, classification of securitized products for the value of ¥96,319 million held by some of foreign subsidiaries closing accounts at the end of December, which had previously been classified as “Debt securities being held to maturity”, was changed to “Other securities” in accordance with the U.S. Financial Accounting Standards Board’s Accounting Standards Codification (“ASC”) 320 “Investments—Debt and Equity Securities”.

This change was conducted based on the judgment that it would be more appropriate to reclassify securitized products as “Other securities” since the subsidiaries no longer had intention to hold them to maturity as a result of a change in the risk weight used to calculate capital adequacy ratio and others.

As a result, “Other securities and net unrealized gains (losses)” on “Other securities” increased ¥118,082 million and ¥12,939 million, respectively.

(3)

In the current fiscal year, classification of securitized products held by some of foreign subsidiaries closing accounts at the end of December, which had previously been classified as “Other securities”, was changed to “Debt securities being held to maturity” at fair value (¥13,416 million) in accordance with ASC 320 “Investments—Debt and Equity Securities”.

This change was conducted based on the judgment that it would be more appropriate to reclassify securitized products as “Debt securities being held to maturity” since the subsidiaries had capability as well as intention to hold them to maturity.

Other securities changed to debt securities being held to maturity (as of March 31, 2013)

(in millions of yen)

Fair value

Amount on
consolidated
balance sheet

Amount of net unrealized gains
(losses) on other securities
recorded on consolidated
balance sheet

Foreign bonds

11,473

11,344

395

Mitsubishi UFJ Financial Group, Inc.

6.	Securities Incurred Impairment Losses

Securities other than those held for trading purposes and investment in affiliates (excluding certain other securities of which fair value is extremely difficult to determine) are subject to write-downs when their fair value has impaired considerably and it is not probable that the value will recover to the acquisition cost as of the end of the current fiscal year. In such case, the fair value is recorded on the consolidated balance sheet and the difference between fair value and acquisition cost is recognized as losses for the fiscal year (referred to as “impairment losses”).

For the current fiscal year, impairment losses were ¥87,224 million consisting of ¥75,764 million of impairment losses on equity securities and ¥11,460 million of impairment losses on bonds and other securities in which securities whose fair value was extremely difficult to estimate were included.

“Considerable decline in fair value” was determined based on the classification of issuers in accordance with the internal standards for self-assessment of asset quality as follows:

Bankrupt, Substantially bankrupt or Potentially bankrupt issuers:

Fair value is lower than acquisition cost.

Issuers requiring close monitoring:

Fair value has declined 30% or more from acquisition cost.

Other issuers:

Fair value has declined 50% or more from acquisition cost.

“Bankrupt issuer” means an issuer who has entered into bankruptcy, special liquidation proceedings or similar legal proceedings or whose notes have been dishonored and suspended from processing through clearing houses. “Substantially bankrupt issuer” means an issuer who is not legally or formally bankrupt but is regarded as substantially in a similar condition. “Potentially bankrupt issuer” means an issuer who is not yet legally or formally bankrupt but deemed to have a high possibility of becoming bankrupt. “Issuer requiring close monitoring” means an issuer who is financially weak and under close monitoring conducted by MUFG’s subsidiaries. “Other issuer” means an issuer who does not correspond to either of the four categories of issuers mentioned above.

Mitsubishi UFJ Financial Group, Inc.

(Money Held in Trust)

1.	Money Held in Trust for Trading Purpose (as of March 31, 2013)

2.	Money Held in Trust Being Held to Maturity (as of March 31, 2013): None

3.	Money Held in Trust not for Trading Purpose or Being Held to Maturity (as of March 31, 2013)


	(in millions of yen)
	(a) Amount on consolidated balance sheet		(b) Acquisition cost		Difference (a)-(b)		Money held in trust with respect to which (a) exceeds (b)		Money held in trust with respect to which (a) does not exceed (b)
Money held in trust not for trading purpose or being held to maturity		432,766		432,271		495		495		—

(Note)

“Money held in trust with respect to which (a) exceeds (b)” and “Money held in trust with respect to which (a) does not exceed (b)” are showing the breakdown of the difference between (a) and (b).

(Net Unrealized Gains (Losses) on Other Securities)

Detailed information regarding net unrealized gains (losses) on other securities (as of March 31, 2013)


	(in millions of yen)
Net unrealized gains (losses) on other securities		1,823,675
Other securities		1,878,856
Money held in trust not for trading purpose or being held to maturity		495
Reclassification from “Other securities” to “Debt securities being held to maturity”		(55,675	)
Deferred tax liabilities		(628,829	)
Net unrealized gains (losses) on other securities, net of deferred tax liabilities (before MUFG’s ownership share of affiliates’ unrealized gains (losses) adjustments)		1,194,846
Minority interests		11,834
MUFG’s ownership share of affiliates’ unrealized gains (losses) on other securities		1,283
Total		1,207,963


(Notes)		(1) “Net unrealized gains (losses) on other securities” shown in the above table excluded ¥11,274 million revaluation gains of securities with embedded derivatives, which were recorded in current earnings.
		(2) “Net unrealized gains (losses) on other securities” shown in the above table included ¥4,963 million of unrealized gains on securities in investment limited partnerships.

Mitsubishi UFJ Financial Group, Inc.

(Segment Information)

1.	Information regarding the Amounts of Ordinary Income, Ordinary Profits (Losses), Assets and other items by Segment

For the Fiscal Year Ended March 31, 2013


	(in millions of yen)
	The Bank of Tokyo- Mitsubishi UFJ, Ltd.		Mitsubishi UFJ Trust and Banking Corporation		Mitsubishi UFJ Securities Holdings Co., Ltd.		Consumer Finance Subsidiaries			Others		Total		Adjustments			Amount recorded in the consolidated financial statements
Ordinary income		3,419,307		618,137		395,605		465,119			305,884		5,204,054		(440,829	)		4,763,225
Interest income		1,906,599		215,539		38,968		205,956			279,566		2,646,630		(309,673	)		2,336,956
Investment gains on equity method		15,665		6,354		24,221		88			—		46,328		5,675			52,004
Amortization of negative goodwill		—		—		—		—			—		—		1,591			1,591
Ordinary income from customers		3,330,792		603,408		363,522		449,127			16,373		4,763,225		—			4,763,225
Ordinary income from internal transactions		88,514		14,729		32,082		15,991			289,510		440,829		(440,829	)		—

Segment income (loss)		673,514		127,060		46,946		52,484			248,106		1,148,113		(295,490	)		852,623

Segment assets		181,625,557		29,589,757		26,501,873		3,946,647			12,219,740		253,883,576		(19,384,874	)		234,498,701

Other items
Depreciation		170,397		36,736		14,265		18,957			1,209		241,566		4,265			245,832
Amortization of goodwill		14,867		216		243		1,807			—		17,134		13,252			30,387
Interest expenses		402,939		69,221		42,877		29,425			30,781		575,245		(55,064	)		520,180
Investment losses on equity method		—		—		—		44			—		44		(44	)		—
Extraordinary gains		16,472		51,017		457		3,310			454		71,711		(1,365	)		70,346
Gains on negative goodwill		—		—		—		339			—		339		—			339
Extraordinary losses		14,487		14,037		3,568		385			2,120		34,599		26,133			60,733
Impairment losses on fixed assets		5,142		3,329		1,420		176			—		10,069		—			10,069
Income tax expenses		339,242		56,379		2,916		(722	)		787		398,603		(2,816	)		395,787
Unamortized balance of goodwill		258,874		3,881		19,249		11,979			—		293,984		175,346			469,331
Investment to companies accounted for under the equity method		177,408		109,243		287,247		189			811,482		1,385,571		385,121			1,770,692
Increases in tangible and intangible fixed assets		245,324		19,608		11,465		23,455			2,123		301,976		—			301,976


(Notes)	(1)	Ordinary income, interest income and interest expenses are presented, respectively, in lieu of net sales, interest on deposits and interest on borrowings of the companies in non-banking industries.
	(2)	“Others” includes MUFG.
	(3)	Segment income for “Others” includes ¥220,034 million of dividends from MUFG’s subsidiaries and affiliates.
	(4)	Interest income adjustments include elimination of the dividends from affiliates recorded by MUFG.
	(5)	Segment income adjustments include minus ¥292,589 million elimination of internal transactions, as well as minus ¥2,900 million comprising investment gains (losses) on equity method, amortization of goodwill and negative goodwill, tax expenses, and minority interests gains (losses) that are not attributable to specific segments.
	(6)	Segment assets adjustments are primarily elimination of assets and liabilities between segments.
	(7)	Adjustments for amortization of goodwill are primarily those concerning consumer finance subsidiaries and Mitsubishi UFJ Securities Holdings Co., Ltd.
	(8)	Adjustments for extraordinary gains and losses include loss on change in equity.
	(9)	Adjustments for unamortized balance of goodwill are primarily those concerning consumer finance subsidiaries and Mitsubishi UFJ Securities Holdings Co., Ltd.
	(10)	Segment income is reconciled to net income in the consolidated statement of income.

Mitsubishi UFJ Financial Group, Inc.

(Per Share Information)

1. Basis for Computing Total Net Assets per Common Share


		As of March 31, 2012		As of March 31, 2013
Total net assets per common share			¥678.24		¥800.95
(Basis for Computing)
Total net assets	million yen		11,675,784		13,519,655
Amounts not attributable to common shareholders	million yen		2,081,991		2,182,008
Preferred stock	million yen		390,001		390,001
Total dividends on preferred stock	million yen		9,235		8,970
Subscription rights to shares	million yen		7,933		8,884
Minority interests	million yen		1,674,821		1,774,153
Net assets attributable to common shareholders at the end of the fiscal period	million yen		9,593,793		11,337,646
Number of common shares outstanding at the end of the fiscal period (excluding treasury shares)	thousand shares		14,144,980		14,155,174

2. Basis for Computing Net Income per Common Share and Diluted Net Income per Common Share


		For the fiscal year ended March 31, 2012	For the fiscal year ended March 31, 2013
(1) Net income per common share		¥68.09	¥58.99
(Basis for Computing)
Net income	million yen	981,331	852,623
Amounts not attributable to common shareholders	million yen	18,205	17,940
Total dividends on preferred stock	million yen	18,205	17,940
Net income attributable to common shares	million yen	963,125	834,683
Average number of common shares outstanding for the fiscal period	thousand shares	14,144,183	14,148,999
(2) Diluted net income per common share		¥67.93	¥58.88
(Basis for Computing)
Adjustments in net income	million yen	(1,061)	(224)
Total dividends on preferred stock	million yen	0	0
Adjustments made to reflect convertible securities of subsidiaries and others	million yen	(1,061)	(224)
Common share equivalent	thousand shares	16,684	21,020
Preferred shares	thousand shares	1	1
Subscription rights to shares	thousand shares	16,683	21,018

Convertible securities not diluting earnings per common share		Subscription rights to shares of subsidiaries: kabu.com Securities Co., Ltd. 1 type: 790 units Subscription rights to shares of affiliates accounted for under the equity method: Morgan Stanley 56 million units	Subscription rights to shares of affiliates accounted for under the equity method: Morgan Stanley 50 million units

Mitsubishi UFJ Financial Group, Inc.

5. Non-consolidated Financial Statements

(1)	Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2012		As of March 31, 2013
Assets:
Current assets:
Cash and due from banks		10,631		14,502
Securities		121,800		112,800
Prepaid expenses		170		20
Others		57,036		47,992

Total current assets		189,638		175,316

Fixed assets:
Tangible fixed assets:
Buildings		8		8
Equipment and furniture		78		107
Lease assets		12		3

Total tangible fixed assets		99		120

Intangible fixed assets:
Trademarks		19		14
Software		3,055		3,365
Lease assets		14		59
Others		1		1

Total intangible fixed assets		3,091		3,440

Investments and other assets:
Investments in subsidiaries and affiliates		10,725,815		10,706,842
Others		312		449

Total investments and other assets		10,726,127		10,707,291

Total fixed assets		10,729,318		10,710,851

Total assets		10,918,957		10,886,168

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2012			As of March 31, 2013
Liabilities:
Current liabilities:
Short-term borrowings		1,849,071			1,873,335
Lease liabilities		12			18
Accounts payable		2,048			2,530
Accrued expenses		4,561			3,145
Income taxes payable		112			3
Deposits received		135			131
Reserve for bonuses		352			372
Reserve for bonuses to directors		51			59
Others		0			0

Total current liabilities		1,856,345			1,879,598

Fixed liabilities:
Bonds payable		380,500			380,500
Long-term borrowings from subsidiaries and affiliates		3,402			3,607
Lease liabilities		16			40
Deferred tax liabilities		10,783			7,525
Others		86			42

Total fixed liabilities		394,788			391,716

Total liabilities		2,251,134			2,271,314

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			2,367,278

Total retained earnings		2,517,003			2,517,278

Treasury stock		(46	)		(61	)

Total shareholders’ equity		8,653,954			8,655,995

Valuation and translation adjustments:
Net deferred gains (losses) on hedging instruments		5,935			(50,026	)

Total valuation and translation adjustments		5,935			(50,026	)

Subscription rights to shares		7,933			8,884

Total net assets		8,667,823			8,614,853

Total liabilities and net assets		10,918,957			10,886,168

Mitsubishi UFJ Financial Group, Inc.

(2)	Non-consolidated Statements of Income


(in millions of yen)	For the fiscal year ended March 31, 2012		For the fiscal year ended March 31, 2013
Operating income:
Dividends		255,406		204,510
Management fees from subsidiaries and affiliates		16,708		17,154

Total operating income		272,114		221,664

Operating expenses:
General and administrative expenses		15,083		16,459

Total operating expenses		15,083		16,459

Operating profits		257,031		205,204

Non-operating income:
Interest on deposits		0		0
Interest on securities		99		77
Dividends		15,524		15,524
Others		320		179

Total non-operating income		15,943		15,780

Non-operating expenses:
Interest on borrowings		22,295		14,946
Interest on bonds payable		15,610		15,555
Others		228		130

Total non-operating expenses		38,134		30,632

Ordinary profits		234,840		190,353

Extraordinary gains:
Gains on sales of investments in subsidiaries and affiliates		5,388		—
Gains on liquidation of subsidiaries		—		454

Total extraordinary gains		5,388		454

Extraordinary losses:
Losses on retirement of fixed assets		127		3
Losses on sales of investments in subsidiaries and affiliates		—		2,104

Total extraordinary losses		127		2,107

Income before income taxes		240,101		188,699

Income taxes-current		424		577
Income taxes-deferred		1,239		29

Total taxes		1,664		606

Net income		238,437		188,092

Mitsubishi UFJ Financial Group, Inc.

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


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
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		1,011			891

Total changes during the period		1,011			891

Balance at the end of the period		2,138,487			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		1,009			889

Total changes during the period		1,009			889

Balance at the end of the period		2,138,503			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		(187,771	)		(187,817	)
Net income		238,437			188,092

Total changes during the period		50,665			275

Balance at the end of the period		2,367,003			2,367,278

Treasury stock
Balance at the beginning of the period		(37	)		(46	)
Changes during the period
Repurchase of treasury stock		(12	)		(15	)
Disposition of treasury stock		3			1

Total changes during the period		(9	)		(14	)

Balance at the end of the period		(46	)		(61	)

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	For the fiscal year ended March 31, 2012			For the fiscal year ended March 31, 2013
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		2,021			1,780
Dividends from retained earnings		(187,771	)		(187,817	)
Net income		238,437			188,092
Repurchase of treasury stock		(12	)		(15	)
Disposition of treasury stock		2			1

Total changes during the period		52,677			2,041

Balance at the end of the period		8,653,954			8,655,995

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		5,935			(55,961	)

Total changes during the period		5,935			(55,961	)

Balance at the end of the period		5,935			(50,026	)

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		745			950

Total changes during the period		745			950

Balance at the end of the period		7,933			8,884

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		2,021			1,780
Dividends from retained earnings		(187,771	)		(187,817	)
Net income		238,437			188,092
Repurchase of treasury stock		(12	)		(15	)
Disposition of treasury stock		2			1
Net changes of items other than shareholders’ equity		2,423			(55,010	)

Total changes during the period		55,100			(52,969	)

Balance at the end of the period		8,667,823			8,614,853

Mitsubishi UFJ Financial Group, Inc.

Notes on Going-Concern Assumption

Not applicable

6. Other

(1)

Changes of Directors and Corporate Auditors

Please refer to “Changes of Directors” posted on May 15, 2013 with regard to the changes of directors.

Selected Financial Information

under Japanese GAAP

For the fiscal year Ended March 31, 2013

Mitsubishi UFJ Financial Group, Inc.

Mitsubishi UFJ Financial Group, Inc.

[Contents]


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

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

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

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

5. ROE	[ MUFG Consolidated ]	12

6. Risk-Adjusted Capital Ratio	[ MUFG Consolidated ][ BTMU Consolidated ] [ MUTB Consolidated ] [ BTMU Non-consolidated ] [ MUTB Non-consolidated ]	13

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

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

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

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

11. Overseas Loans	[ BTMU and MUTB Combined ]	29

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

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

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

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

(References)

1. Exposure to “Securitized Products and Related Investments”		37

2. Financial Statements	[ BTMU Non-consolidated ][ MUTB Non-consolidated ]	39

(*1)	“MUFG” means Mitsubishi UFJ Financial Group, Inc.

(*2)	“BTMU” means The Bank of Tokyo-Mitsubishi UFJ, Ltd.

(*3)	“MUTB” means Mitsubishi UFJ Trust and Banking Corporation.

(*4)	“BTMU and MUTB Combined” means simple sum of “BTMU” and “MUTB” without consolidation processes.

Mitsubishi UFJ Financial Group, Inc.

1. Financial Results

MUFG Consolidated


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2013 (A)			March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Gross profits		3,634,205			3,502,047			132,158
Gross profits before credit costs for trust accounts		3,634,226			3,502,047			132,179
Net interest income		1,816,899			1,840,593			(23,694	)
Trust fees		95,124			96,958			(1,834	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net fees and commissions		1,042,251			964,202			78,049
Net trading profits		288,214			225,588			62,626
Net other business profits		391,715			374,703			17,011
Net gains (losses) on debt securities		336,747			270,388			66,359
General and administrative expenses		2,095,016			1,994,594			100,421
Amortization of goodwill		30,387			29,371			1,016
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		1,569,597			1,536,823			32,773
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		1,539,210			1,507,452			31,757
Provision for general allowance for credit losses (2)		15,232			20,770			(5,538	)
Net business profits*		1,554,421			1,528,222			26,198
Net non-recurring gains (losses)		(210,245	)		(56,231	)		(154,014	)
Credit costs (3)		(181,620	)		(278,275	)		96,654
Losses on loan write-offs		(130,448	)		(183,189	)		52,740
Provision for specific allowance for credit losses		(48,635	)		(95,256	)		46,620
Other credit costs		(2,535	)		170			(2,706	)
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		—			3,287			(3,287	)
Gains on loans written-off (6)		50,752			60,750			(9,997	)
Net gains (losses) on equity securities		(53,660	)		(88,685	)		35,025
Gains on sales of equity securities		53,169			56,410			(3,241	)
Losses on sales of equity securities		(19,471	)		(65,844	)		46,372
Losses on write-down of equity securities		(87,357	)		(79,251	)		(8,105	)
Profits (losses) from investments in affiliates		52,004			377,515			(325,511	)
Other non-recurring gains (losses)		(77,722	)		(130,824	)		53,101

Ordinary profits		1,344,176			1,471,991			(127,815	)

Net extraordinary gains (losses)		9,613			(23,867	)		33,480
Losses on impairment of fixed assets		(10,069	)		(22,114	)		12,044
Gains on transfer of benefit obligation relating to employees’ pension fund		50,615			—			50,615
Losses on return of assets from retirement benefits trust		(8,293	)		—			(8,293	)
Losses on change in equity		(23,285	)		—			(23,285	)
Income before income taxes and others		1,353,789			1,448,124			(94,334	)
Income taxes-current		197,641			239,236			(41,595	)
Income taxes-deferred		198,145			137,258			60,887
Total taxes		395,787			376,494			19,292
Income before minority interests		958,002			1,071,629			(113,626	)
Minority interests		105,378			90,297			15,081

Net income		852,623			981,331			(128,708	)


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)		(115,656	)		(193,466	)		77,810

Number of consolidated subsidiaries		220			224			(4	)
Number of affiliated companies accounted for under the equity method		61			59			2

Mitsubishi UFJ Financial Group, Inc.

BTMU and MUTB Combined


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2013 (A)			March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,397,734			2,362,083			35,651
Gross profits before credit costs for trust accounts		2,397,755			2,362,083			35,672
Net interest income		1,325,422			1,360,027			(34,605	)
Trust fees		70,634			73,129			(2,494	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net fees and commissions		511,699			470,211			41,487
Net trading profits		141,122			122,611			18,511
Net other business profits		348,855			336,103			12,752
Net gains (losses) on debt securities		322,390			265,139			57,251
General and administrative expenses		1,233,902			1,191,080			42,822
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		1,163,852			1,171,002			(7,149	)
Provision for general allowance for credit losses (2)		9,959			(10,385	)		20,345
Net business profits		1,173,791			1,160,616			13,174
Net non-recurring gains (losses)		(176,502	)		(307,189	)		130,687
Credit costs (3)		(100,449	)		(161,377	)		60,928
Losses on loan write-offs		(52,241	)		(77,146	)		24,904
Provision for specific allowance for credit losses		(44,474	)		(82,800	)		38,325
Other credit costs		(3,733	)		(1,431	)		(2,302	)
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		691			—			691
Gains on loans written-off (6)		24,495			37,234			(12,738	)
Net gains (losses) on equity securities		(57,049	)		(108,417	)		51,368
Gains on sales of equity securities		42,471			42,737			(265	)
Losses on sales of equity securities		(19,718	)		(66,333	)		46,615
Losses on write-down of equity securities		(79,802	)		(84,821	)		5,018
Other non-recurring gains (losses)		(44,190	)		(74,628	)		30,437

Ordinary profits		997,288			853,426			143,861

Net extraordinary gains (losses)		53,723			(326	)		54,049
Net gains (losses) on disposition of fixed assets		(7,732	)		602			(8,334	)
Losses on impairment of fixed assets		(7,664	)		(9,839	)		2,175
Gains on liquidation of subsidiaries		5,741			—			5,741
Gains on sales of equity securities of affiliates		21,375			7,713			13,661
Gains on transfer of benefit obligation relating to employees’ pension fund		50,615			—			50,615
Losses on return of assets from retirement benefits trust		(8,293	)		—			(8,293	)
Income before income taxes		1,051,012			853,100			197,911
Income taxes-current		141,288			187,650			(46,362	)
Income taxes-deferred		199,443			120,547			78,895
Total taxes		340,731			308,198			32,532

Net income		710,280			544,902			165,378


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(65,324	)		(134,529	)		69,205

Mitsubishi UFJ Financial Group, Inc.

BTMU Consolidated


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2013 (A)			March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,571,795			2,504,366			67,428
Net interest income		1,503,763			1,496,541			7,221
Trust fees		10,276			10,296			(19	)
Net fees and commissions		561,049			516,662			44,387
Net trading profits		142,756			126,762			15,993
Net other business profits		353,948			354,102			(154	)
Net gains (losses) on debt securities		304,917			256,587			48,330
General and administrative expenses		1,375,435			1,294,952			80,482
Amortization of goodwill		14,867			14,344			523
Net business profits before provision for general allowance for credit losses and amortization of goodwill		1,211,227			1,223,758			(12,531	)
Net business profits before provision for general allowance for credit losses		1,196,359			1,209,413			(13,054	)
Provision for general allowance for credit losses (1)		6,554			3,213			3,341
Net business profits*		1,202,914			1,212,627			(9,712	)
Net non-recurring gains (losses)		(131,985	)		(280,917	)		148,932
Credit costs (2)		(109,634	)		(183,333	)		73,698
Losses on loan write-offs		(72,737	)		(106,060	)		33,322
Provision for specific allowance for credit losses		(34,194	)		(77,360	)		43,165
Other credit costs		(2,702	)		87			(2,789	)
Reversal of allowance for credit losses (3)		—			—			—
Reversal of reserve for contingent losses included in credit costs (4)		—			4,763			(4,763	)
Gains on loans written-off (5)		34,260			44,892			(10,632	)
Net gains (losses) on equity securities		(60,762	)		(93,950	)		33,187
Gains on sales of equity securities		20,917			35,234			(14,317	)
Losses on sales of equity securities		(10,797	)		(61,832	)		51,035
Losses on write-down of equity securities		(70,882	)		(67,352	)		(3,530	)
Profits (losses) from investments in affiliates		15,665			6,312			9,352
Other non-recurring gains (losses)		(11,513	)		(59,602	)		48,089

Ordinary profits		1,070,928			931,709			139,219

Net extraordinary gains (losses)		1,984			(13,650	)		15,634
Net gains (losses) on disposition of fixed assets		(3,653	)		(2,978	)		(674	)
Losses on impairment of fixed assets		(5,142	)		(18,211	)		13,068
Gains on sales of equity securities of affiliates		12,047			7,713			4,333
Income before income taxes and others		1,072,913			918,059			154,854
Income taxes-current		143,588			191,214			(47,626	)
Income taxes-deferred		195,654			124,462			71,192
Total taxes		339,242			315,677			23,565
Income before minority interests		733,670			602,382			131,288
Minority interests		60,156			58,058			2,098

Net income		673,514			544,324			129,190


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)		(68,819	)		(130,463	)		61,643

Number of consolidated subsidiaries		144			133			11
Number of affiliated companies accounted for under the equity method		57			53			4

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2013 (A)			March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,052,729			2,030,988			21,740
Domestic gross profits		1,190,179			1,225,953			(35,774	)
Net interest income		789,593			865,373			(75,780	)
Net fees and commissions		251,738			236,110			15,628
Net trading profits		7,383			7,048			334
Net other business profits		141,463			117,420			24,042
Net gains (losses) on debt securities		150,048			122,453			27,595
Non-domestic gross profits		862,549			805,034			57,515
Net interest income		383,690			338,482			45,208
Net fees and commissions		172,301			153,218			19,082
Net trading profits		114,674			97,509			17,165
Net other business profits		191,883			215,824			(23,940	)
Net gains (losses) on debt securities		144,607			130,151			14,456
General and administrative expenses		1,051,134			1,008,138			42,995
Personnel expenses		411,554			372,723			38,830
Non-personnel expenses		585,558			582,930			2,627
Amortization of goodwill		246			108			137
Taxes		54,021			52,484			1,537
Net business profits before provision for general allowance for credit losses and amortization of goodwill		1,001,841			1,022,958			(21,117	)
Net business profits before provision for general allowance for credit losses		1,001,595			1,022,849			(21,254	)
Provision for general allowance for credit losses (1)		9,463			(7,032	)		16,495
Net business profits		1,011,058			1,015,817			(4,758	)
Net non-recurring gains (losses)		(150,063	)		(272,494	)		122,431
Credit costs (2)		(89,013	)		(152,611	)		63,597
Losses on loan write-offs		(49,154	)		(76,482	)		27,327
Provision for specific allowance for credit losses		(36,117	)		(75,174	)		39,056
Other credit costs		(3,741	)		(954	)		(2,786	)
Reversal of allowance for credit losses (3)		—			—			—
Reversal of reserve for contingent losses included in credit costs (4)		—			—			—
Gains on loans written-off (5)		22,916			34,329			(11,413	)
Net gains (losses) on equity securities		(58,498	)		(93,806	)		35,308
Gains on sales of equity securities		19,887			31,599			(11,712	)
Losses on sales of equity securities		(10,907	)		(59,601	)		48,693
Losses on write-down of equity securities		(67,478	)		(65,805	)		(1,672	)
Other non-recurring gains (losses)		(25,467	)		(60,406	)		34,938

Ordinary profits		860,995			743,322			117,672

Net extraordinary gains (losses)		16,473			(3,769	)		20,243
Net gains (losses) on disposition of fixed assets		(5,775	)		(4,098	)		(1,676	)
Losses on impairment of fixed assets		(4,549	)		(8,582	)		4,033
Gains on liquidation of subsidiaries		5,741			—			5,741
Gains on sales of equity securities of affiliates		21,375			7,713			13,661
Income before income taxes		877,468			739,552			137,915
Income taxes-current		109,342			154,860			(45,518	)
Income taxes-deferred		183,013			115,649			67,364
Total taxes		292,356			270,510			21,845

Net income		585,112			469,042			116,070


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		(56,633	)		(125,313	)		68,680

Mitsubishi UFJ Financial Group, Inc.

MUTB Consolidated


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2013 (A)			March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Gross profits		414,166			399,030			15,136
Gross profits before credit costs for trust accounts		414,187			399,030			15,157
Trust fees		85,064			86,997			(1,932	)
Trust fees before credit costs for trust accounts		85,085			86,997			(1,912	)
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		5,886			6,833			(946	)
Other trust fees		79,198			80,164			(965	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net interest income		146,337			154,264			(7,926	)
Net fees and commissions		144,098			133,771			10,327
Net trading profits		22,618			20,838			1,779
Net other business profits		16,046			3,158			12,888
Net gains (losses) on debt securities		27,722			12,449			15,272
General and administrative expenses		236,879			235,120			1,758
Amortization of goodwill		216			216			—
Net business profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		177,524			164,125			13,398
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		177,308			163,909			13,398
Provision for general allowance for credit losses (2)		513			(3,314	)		3,827
Net business profits*		177,800			160,594			17,205
Net non-recurring gains (losses)		(23,865	)		(33,321	)		9,455
Credit costs (3)		(11,593	)		(9,137	)		(2,456	)
Losses on loan write-offs		(3,219	)		(929	)		(2,290	)
Provision for specific allowance for credit losses		(8,374	)		(7,634	)		(740	)
Other credit costs		0			(573	)		573
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		691			—			691
Gains on loans written-off (6)		1,228			2,747			(1,518	)
Net gains (losses) on equity securities		1,891			(14,671	)		16,562
Gains on sales of equity securities		23,026			10,758			12,267
Losses on sales of equity securities		(8,810	)		(6,798	)		(2,012	)
Losses on write-down of equity securities		(12,324	)		(18,631	)		6,307
Profits (losses) from investments in affiliates		6,354			4,148			2,205
Other non-recurring gains (losses)		(22,437	)		(16,409	)		(6,027	)

Ordinary profits		153,934			127,273			26,661

Net extraordinary gains (losses)		36,979			5,591			31,388
Net gains (losses) on disposition of fixed assets		(2,012	)		4,616			(6,629	)
Losses on impairment of fixed assets		(3,329	)		(1,312	)		(2,017	)
Gains on transfer of benefit obligation relating to employees’ pension fund		50,615			—			50,615
Losses on return of assets from retirement benefits trust		(8,293	)		—			(8,293	)
Income before income taxes and others		190,914			132,864			58,049
Income taxes-current		39,969			39,460			508
Income taxes-deferred		16,410			5,623			10,786
Total taxes		56,379			45,084			11,294
Income before minority interests		134,534			87,779			46,755
Minority interests		7,474			7,290			183

Net income		127,060			80,488			46,571


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)		(9,181	)		(9,704	)		523

Number of consolidated subsidiaries		27			29			(2	)
Number of affiliated companies accounted for under the equity method		12			12			—

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated


	(in millions of yen)
	For the fiscal year ended						Increase (Decrease) (A) - (B)
	March 31, 2013 (A)			March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Gross profits		345,005			331,094			13,910
Gross profits before credit costs for trust accounts		345,026			331,094			13,931
Domestic gross profits		281,907			243,976			37,931
Trust fees		70,634			73,129			(2,494	)
Trust fees before credit costs for trust accounts		70,655			73,129			(2,473	)
Money trusts fees (Jointly operated designated money trusts before credit costs for trust account)		5,886			6,833			(946	)
Other trust fees		64,768			66,295			(1,527	)
Credit costs for trust accounts (1)		(20	)		—			(20	)
Net interest income		93,109			101,263			(8,154	)
Net fees and commissions		87,730			82,288			5,441
Net trading profits		31,924			21,098			10,826
Net other business profits		(1,491	)		(33,803	)		32,312
Net gains (losses) on debt securities		6,592			(26,652	)		33,244
Non-domestic gross profits		63,097			87,118			(24,020	)
Net interest income		59,029			54,907			4,121
Net fees and commissions		(70	)		(1,405	)		1,334
Net trading profits		(12,860	)		(3,045	)		(9,814	)
Net other business profits		16,999			36,661			(19,662	)
Net gains (losses) on debt securities		21,142			39,187			(18,044	)
General and administrative expenses		182,768			182,941			(173	)
Personnel expenses		71,598			68,448			3,149
Non-personnel expenses		103,792			106,422			(2,629	)
Taxes		7,377			8,070			(693	)
Net business profits before credit costs for trust accounts and provision for general allowance for credit losses		162,257			148,152			14,104
Provision for general allowance for credit losses (2)		496			(3,352	)		3,849
Net business profits		162,733			144,799			17,933
Net non-recurring gains (losses)		(26,439	)		(34,695	)		8,255
Credit costs (3)		(11,435	)		(8,766	)		(2,669	)
Losses on loan write-offs		(3,086	)		(664	)		(2,422	)
Provision for specific allowance for credit losses		(8,356	)		(7,626	)		(730	)
Other credit costs		7			(476	)		484
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		691			—			691
Gains on loans written-off (6)		1,578			2,904			(1,325	)
Net gains (losses) on equity securities		1,448			(14,610	)		16,059
Gains on sales of equity securities		22,583			11,137			11,446
Losses on sales of equity securities		(8,810	)		(6,732	)		(2,078	)
Losses on write-down of equity securities		(12,324	)		(19,015	)		6,691
Other non-recurring gains (losses)		(18,722	)		(14,222	)		(4,500	)

Ordinary profits		136,293			110,104			26,189

Net extraordinary gains (losses)		37,250			3,443			33,806
Net gains (losses) on disposition of fixed assets		(1,956	)		4,700			(6,657	)
Losses on impairment of fixed assets		(3,115	)		(1,256	)		(1,858	)
Gains on transfer of benefit obligation relating to employees’ pension fund		50,615			—			50,615
Losses on return of assets from retirement benefits trust		(8,293	)		—			(8,293	)
Income before income taxes		173,543			113,547			59,995
Income taxes-current		31,946			32,789			(843	)
Income taxes-deferred		16,429			4,897			11,531
Total taxes		48,375			37,687			10,687

Net income		125,168			75,860			49,307


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(8,690	)		(9,215	)		525

Mitsubishi UFJ Financial Group, Inc.

2. Average Interest Rate Spread

BTMU Non-consolidated


	(percentage per annum)
(Domestic business segment)	For the fiscal year ended March 31, 2013 (A)		Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2012 (B)
Total average interest rate on interest-earning assets (a)		0.80		(0.11	)		0.91
Average interest rate on loans and bills discounted (b)		1.25		(0.14	)		1.39
Average interest rate on securities		0.47		(0.06	)		0.54
Total average interest rate on interest-bearing liabilities (c) <including general and administrative expenses>		0.77		(0.03	)		0.81
Average interest rate on deposits and NCD (d)		0.05		(0.00	)		0.05
Average interest rate on other liabilities		0.24		(0.04	)		0.28
Overall interest rate spread (a)-(c)		0.02		(0.07	)		0.10
Interest rate spread (b)-(d)		1.19		(0.14	)		1.33

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		1.41		(0.08	)		1.49
Interest rate spread (e)-(d)		1.36		(0.07	)		1.43

MUTB Non-consolidated
	(percentage per annum)
(Domestic business segment)	For the fiscal year ended March 31, 2013 (A)		Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2012 (B)
Total average interest rate on interest-earning assets (a)		0.73		(0.09	)		0.82
Average interest rate on loans and bills discounted (b)		0.94		(0.05	)		1.00
Average interest rate on securities		0.56		(0.14	)		0.71
Total average interest rate on interest-bearing liabilities (c)		0.22		(0.03	)		0.25
Average interest rate on deposits and NCD (d)		0.19		(0.03	)		0.23
Overall interest rate spread (a)-(c)		0.51		(0.06	)		0.57
Interest rate spread (b)-(d)		0.75		(0.02	)		0.77

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (e)		0.96		(0.08	)		1.04
Interest rate spread (e)-(d)		0.76		(0.04	)		0.81

BTMU and MUTB Combined
	(percentage per annum)
(Domestic business segment)	For the fiscal year ended March 31, 2013 (A)		Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2012 (B)
Average interest rate on loans and bills discounted (a)		1.20		(0.13	)		1.33
Average interest rate on deposits and NCD (b)		0.07		(0.01	)		0.08
Interest rate spread (a)-(b)		1.13		(0.12	)		1.25

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted (c)		1.33		(0.08	)		1.42
Interest rate spread (c)-(b)		1.26		(0.07	)		1.33

Mitsubishi UFJ Financial Group, Inc.

3. Notional Principal by the Remaining Life of the Interest Rate Swaps for Hedge-Accounting

MUFG Consolidated

(in billions of yen)

As of March 31, 2013

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

1,530.2

2,240.2

6,115.2

9,885.6

Receive-floater/pay-fix

1,309.8

3,746.8

4,459.6

9,516.3

Receive-floater/pay-floater

20.0

—

20.0

Receive-fix/pay-fix

—

97.3

—

97.3

Total

2,860.0

6,084.4

10,574.8

19,519.3

BTMU Consolidated

(in billions of yen)

As of March 31, 2013

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

1,061.8

1,733.8

6,015.7

8,811.4

Receive-floater/pay-fix

1,107.0

2,138.7

3,209.3

6,455.1

Receive-floater/pay-floater

20.0

—

20.0

Receive-fix/pay-fix

—

Total

2,188.9

3,872.6

9,225.1

15,286.6

MUTB Consolidated

(in billions of yen)

As of March 31, 2013

within 1 year

1 year to 5 years

over 5 years

Total

Receive-fix/pay-floater

478.3

518.0

99.5

1,095.8

Receive-floater/pay-fix

211.7

1,567.0

1,307.0

3,085.7

Receive-floater/pay-floater

—

Receive-fix/pay-fix

—

Total

690.0

2,085.0

1,406.5

4,181.5

Mitsubishi UFJ Financial Group, Inc.

4. Securities

MUFG Consolidated

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

Fair Value Information on Securities


	(in millions of yen)
	As of March 31, 2013								As of March 31, 2012
	Amount on consolidated balance sheet		Differences		Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Debt securities being held to maturity		2,180,100		53,633		57,023		3,390		2,607,013		30,314			48,855		18,540
Domestic bonds		233,985		1,893		1,893		—		615,146		4,370			4,383		12
Government bonds		229,940		1,872		1,872		—		556,942		4,168			4,168		—
Municipal bonds		—		—		—		—		3,530		6			6		—
Corporate bonds		4,044		20		20		—		54,672		196			208		12
Other		1,946,115		51,740		55,130		3,390		1,991,867		25,943			44,472		18,528
Foreign bonds		488,011		354		3,745		3,390		850,023		(11,292	)		5,271		16,563
Other		1,458,103		51,385		51,385		—		1,141,844		37,236			39,201		1,964

	(in millions of yen)
	As of March 31, 2013								As of March 31, 2012
	Amount on consolidated balance sheet		Differences		Gains		Losses		Amount on consolidated balance sheet		Differences			Gains		Losses
Other securities		77,091,859		1,885,138		2,112,709		227,571		74,831,720		832,059			1,260,004		427,945
Domestic equity securities		3,896,586		1,046,030		1,191,026		144,995		3,333,887		321,739			661,036		339,297
Domestic bonds		51,473,004		371,540		377,671		6,131		51,566,808		217,511			230,777		13,265
Government bonds		48,477,995		303,114		303,875		761		48,005,803		155,174			158,048		2,874
Municipal bonds		212,246		8,949		8,953		4		180,778		7,750			7,750		—
Corporate bonds		2,782,762		59,476		64,842		5,366		3,380,226		54,586			64,977		10,391
Other		21,722,269		467,567		544,011		76,444		19,931,025		292,808			368,190		75,381
Foreign equity securities		209,122		94,619		94,689		69		170,324		50,249			51,560		1,311
Foreign bonds		18,381,458		305,229		327,286		22,057		17,921,947		260,668			279,026		18,358
Other		3,131,687		67,718		122,036		54,317		1,838,753		(18,109	)		37,603		55,712
Redemption schedule of other securities with maturities and debt securities being held to maturity
	(in millions of yen)
	As of March 31, 2013								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		14,419,911		27,685,651		7,149,127		2,452,516		15,006,612		29,286,976			5,407,746		2,480,938
Government bonds		14,035,435		26,367,682		6,699,472		1,605,346		14,514,169		27,532,281			4,836,501		1,679,794
Municipal bonds		27,482		100,010		84,313		439		7,913		67,796			108,154		443
Corporate bonds		356,993		1,217,959		365,341		846,730		484,529		1,686,898			463,090		800,700
Other		2,639,095		8,989,772		4,748,566		4,822,400		2,015,953		9,096,714			4,106,719		5,345,322
Foreign bonds		2,383,702		8,598,985		3,507,199		4,356,731		1,842,489		8,761,238			3,273,306		4,875,198
Other		255,393		390,786		1,241,367		465,669		173,463		335,476			833,412		470,124
Total		17,059,007		36,675,424		11,897,694		7,274,916		17,022,565		38,383,690			9,514,465		7,826,261

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

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

Fair Value Information on Securities

(in millions of yen)

As of March 31, 2013

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

1,449,339

49,647

—

1,290,873

26,526

28,491

1,964

Stocks of subsidiaries and affiliates

77,176

27,021

42,861

15,840

98,313

(10,198

)

5,741

15,940

(in millions of yen)

As of March 31, 2013

As of March 31, 2012

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Other securities

60,949,673

1,276,728

1,454,586

177,857

61,072,230

480,969

903,881

422,911

Domestic equity securities

3,128,846

701,614

846,575

144,960

2,647,024

107,422

489,872

382,450

Domestic bonds

44,334,018

292,981

298,892

5,911

45,565,304

177,582

189,846

12,264

Other

13,486,809

282,132

309,118

26,985

12,859,902

195,965

224,162

28,197

Foreign equity securities

207,196

92,550

92,580

161,308

49,207

49,218

Foreign bonds

10,820,311

116,567

125,829

9,262

11,250,102

136,806

144,639

7,832

Other

2,459,300

73,014

90,707

17,693

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 March 31, 2013

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

13,816,874

22,915,704

5,192,758

2,408,680

14,594,582

24,364,248

4,444,642

2,411,878

Government bonds

13,500,613

21,851,882

4,825,360

1,578,095

14,250,338

22,826,908

3,967,327

1,626,773

Municipal bonds

27,482

100,010

84,118

394

4,383

67,796

107,925

397

Corporate bonds

288,777

963,811

283,279

830,191

339,860

1,469,543

369,389

784,708

Other

1,888,221

5,347,648

2,909,429

2,636,220

1,092,993

5,354,112

2,916,153

3,399,755

Foreign bonds

1,636,136

5,167,204

1,774,976

2,219,061

929,659

5,150,461

2,215,231

2,934,997

Other

252,084

180,443

1,134,452

417,158

163,333

203,651

700,921

464,758

Total

15,705,095

28,263,352

8,102,188

5,044,901

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” in addition to “Securities”.

Fair Value Information on Securities

(in millions of yen)

As of March 31, 2013

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

538,123

3,230

—

1,020,692

6,699

6,870

171

Stocks of subsidiaries and affiliates

57,771

88,141

88,304

162

49,470

26,561

26,721

159

(in millions of yen)

As of March 31, 2013

As of March 31, 2012

Amount on
balance sheet

Differences

Gains

Losses

Amount on
balance sheet

Differences

Gains

Losses

Other securities

13,625,796

480,824

536,189

55,364

11,452,187

219,904

322,684

102,780

Domestic equity securities

785,736

242,718

272,627

29,909

700,397

105,554

168,078

62,524

Domestic bonds

6,908,030

71,889

72,241

351

5,734,215

37,511

38,615

1,104

Other

5,932,029

166,216

191,320

25,104

5,017,574

76,838

115,989

39,151

Foreign equity securities

480

115

—

6,037

(354

)

426

Foreign bonds

5,476,133

162,317

164,102

1,785

4,692,092

106,327

110,414

4,087

Other

455,416

3,783

27,102

23,319

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 March 31, 2013

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

444,643

4,589,698

2,062,709

43,835

206,889

4,760,216

1,054,908

69,059

Government bonds

384,142

4,364,518

1,980,452

27,250

76,982

4,560,422

960,978

53,021

Municipal bonds

—

194

3,530

—

228

Corporate bonds

60,500

225,179

82,061

16,539

126,376

199,794

93,701

15,992

Other

599,179

3,244,778

1,438,979

688,858

510,647

3,175,556

1,016,334

816,659

Foreign bonds

596,133

3,118,084

1,392,816

674,367

500,238

3,097,832

957,582

800,271

Other

3,045

126,693

46,163

14,491

10,408

77,723

58,751

16,387

Total

1,043,822

7,834,476

3,501,688

732,694

717,537

7,935,772

2,071,242

885,718

Mitsubishi UFJ Financial Group, Inc.

5. ROE

MUFG Consolidated

(%)

For the fiscal year
ended
March 31, 2013
(A)

Increase
(Decrease)
(A) - (B)

For the fiscal year
ended
March 31, 2012
(B)

ROE*

8.77

(2.32

)

11.10

Note:

* ROE is computed as follows:

Net income - 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

MUFG Consolidated


(in accordance with Basel III)	(in billions of yen)
	As of March 31, 2013
(1) Common Equity Tier 1 capital ratio		11.70	%
(2) Tier 1 capital ratio		12.74	%
(3) Total capital ratio		16.68	%
(4) Tier 1 capital		11,214.8
Common Equity Tier 1 capital		10,300.5
(5) Tier 2 capital		3,459.1
(6) Total capital (4)+(5)		14,673.9
(7) Risk weighted assets		87,968.6
(8) Required Capital		7,037.4


(in accordance with Basel II)	(in billions of yen)
	As of March 31, 2012
(1) Risk-adjusted capital ratio		14.91	%
Tier 1 ratio		12.31	%
(2) Tier 1 capital		10,522.2
(3) Qualified Tier 2 capital		4,038.7
(4) Deductions from total qualifying capital		1,818.4
(5) Net qualifying capital (2)+(3)-(4)		12,742.5
(6) Risk-adjusted assets		85,456.5
(7) Required Capital		6,836.5

BTMU Consolidated


(in accordance with Basel III)	(in billions of yen)
	As of March 31, 2013
(1) Common Equity Tier 1 capital ratio		11.71	%
(2) Tier 1 capital ratio		13.11	%
(3) Total capital ratio		17.51	%
(4) Tier 1 capital		9,015.7
Common Equity Tier 1 capital		8,052.7
(5) Tier 2 capital		3,018.3
(6) Total capital (4)+(5)		12,034.1
(7) Risk weighted assets		68,719.3
(8) Required Capital		5,497.5


(in accordance with Basel II)	(in billions of yen)
	As of March 31, 2012
(1) Risk-adjusted capital ratio		16.27	%
Tier 1 ratio		11.76	%
(2) Tier 1 capital		8,473.1
(3) Qualified Tier 2 capital		3,513.9
(4) Deductions from total qualifying capital		271.0
(5) Net qualifying capital (2)+(3)-(4)		11,716.1
(6) Risk-adjusted assets		71,993.4
(7) Required Capital		5,759.4

MUTB Consolidated


(in accordance with Basel III)	(in billions of yen)
	As of March 31, 2013
(1) Common Equity Tier 1 capital ratio		13.12	%
(2) Tier 1 capital ratio		13.77	%
(3) Total capital ratio		17.79	%
(4) Tier 1 capital		1,575.1
Common Equity Tier 1 capital		1,500.5
(5) Tier 2 capital		460.4
(6) Total capital (4)+(5)		2,035.5
(7) Risk weighted assets		11,437.2
(8) Required Capital		914.9


(in accordance with Basel II)	(in billions of yen)
	As of March 31, 2012
(1) Risk-adjusted capital ratio		15.74	%
Tier 1 ratio		12.38	%
(2) Tier 1 capital		1,470.6
(3) Qualified Tier 2 capital		520.7
(4) Deductions from total qualifying capital		122.2
(5) Net qualifying capital (2)+(3)-(4)		1,869.1
(6) Risk-adjusted assets		11,871.6
(7) Required Capital		949.7

BTMU Non-consolidated


(in accordance with Basel III)	(in billions of yen)
	As of March 31, 2013
(1) Common Equity Tier 1 capital ratio		11.76	%
(2) Tier 1 capital ratio		13.99	%
(3) Total capital ratio		18.52	%
(4) Tier 1 capital		8,685.4
Common Equity Tier 1 capital		7,301.3
(5) Tier 2 capital		2,815.5
(6) Total capital (4)+(5)		11,501.0
(7) Risk weighted assets		62,079.0
(8) Required Capital		4,966.3


(in accordance with Basel II)	(in billions of yen)
	As of March 31, 2012
(1) Risk-adjusted capital ratio		17.41	%
Tier 1 ratio		12.60	%
(2) Tier 1 capital		8,333.9
(3) Net qualifying capital		11,514.3
(4) Risk-adjusted assets		66,126.2
(5) Required Capital		5,290.1

MUTB Non-consolidated


(in accordance with Basel III)	(in billions of yen)
	As of March 31, 2013
(1) Common Equity Tier 1 capital ratio		12.49	%
(2) Tier 1 capital ratio		13.22	%
(3) Total capital ratio		17.94	%
(4) Tier 1 capital		1,502.4
Common Equity Tier 1 capital		1,419.7
(5) Tier 2 capital		536.6
(6) Total capital (4)+(5)		2,039.0
(7) Risk weighted assets		11,360.6
(8) Required Capital		908.8


(in accordance with Basel II)	(in billions of yen)
	As of March 31, 2012
(1) Risk-adjusted capital ratio		15.76	%
Tier 1 ratio		11.71	%
(2) Tier 1 capital		1,410.8
(3) Net qualifying capital		1,899.9
(4) Risk-adjusted assets		12,048.4
(5) Required Capital		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 weighted assets.

Mitsubishi UFJ Financial Group, Inc.

7. Risk-Monitored Loans

MUFG Consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2013 (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		74,348		0.08	%		37,839		0.04	%		36,509			0.03	%
Non-accrual delinquent loans		1,189,791		1.30	%		1,107,470		1.31	%		82,321			(0.00	)%
Accruing loans contractually past due 3 months or more		38,596		0.04	%		76,519		0.09	%		(37,923	)		(0.04	)%
Restructured loans		641,730		0.70	%		642,361		0.76	%		(630	)		(0.05	)%
Total risk monitored loans		1,944,467		2.12	%		1,864,190		2.20	%		80,276			(0.07	)%
Total loans and bills discounted		91,299,557					84,492,697					6,806,860

Written-off		619,561					668,234					(48,672	)

(2) Allowance for Credit Losses

	(in millions of yen)
	As of March 31, 2013 (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		1,087,457		55.92	%		1,123,773		60.28	%		(36,315	)		(4.35	)%
General allowance for credit losses		729,080					748,128					(19,047	)
Specific allowance for credit losses		357,625					375,017					(17,391	)
Allowance for credit to specific foreign borrowers		751					626					124

(3) Classification of Risk-Monitored Loans



Classified by Geographic Area	(in millions of yen)
	As of March 31, 2013
Domestic		1,680,314
Overseas		264,153
Asia		17,098
Indonesia		2,982
Singapore		49
Thailand		4,871
Hong Kong		901
China		1,813
Other		6,478
Americas		125,035
Europe, Middle East and Other		122,019

Total		1,944,467


	(in millions of yen)
	As of March 31, 2012
Domestic		1,633,285
Overseas		230,905
Asia		14,443
Indonesia		883
Thailand		5,916
Hong Kong		363
Other		7,279
United States of America		89,234
Other		127,227

Total		1,864,190


Classified by Industry	(in millions of yen)
	As of March 31, 2013 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,680,314		1,633,285		47,028
Manufacturing		299,745		271,210		28,534
Construction		45,922		48,544		(2,622	)
Wholesale and retail		288,740		268,275		20,465
Finance and insurance		14,521		14,114		407
Real estate, goods rental and leasing		256,577		175,488		81,088
Services		130,690		133,054		(2,363	)
Other industries		78,893		85,697		(6,804	)
Consumer		565,222		636,898		(71,676	)
Overseas		264,153		230,905		33,248
Financial institutions		21,813		27,021		(5,208	)
Commercial and industrial		119,280		102,393		16,887
Other		123,058		101,490		21,568

Total		1,944,467		1,864,190		80,276

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2013 (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		69,898		0.09	%		33,997		0.04	%		35,901			0.04	%
Non-accrual delinquent loans		989,654		1.33	%		899,774		1.29	%		89,880			0.03	%
Accruing loans contractually past due 3 months or more		57,611		0.07	%		61,388		0.08	%		(3,777	)		(0.01	)%
Restructured loans		475,536		0.64	%		476,297		0.68	%		(760	)		(0.04	)%
Total risk monitored loans		1,592,701		2.14	%		1,471,457		2.12	%		121,244			0.02	%
Total loans and bills discounted		74,104,875					69,386,000					4,718,874

Written-off		419,354					455,314					(35,959	)

(2) Allowance for Credit Losses


	(in millions of yen)
	As of March 31, 2013 (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		755,053		47.40	%		762,942		51.84	%		(7,888	)		(4.44	)%
General allowance for credit losses		478,576					488,039					(9,463	)
Specific allowance for credit losses		275,726					274,276					1,449
Allowance for credit to specific foreign borrowers		751					626					124

(3) Classification of Risk-Monitored Loans



Classified by Geographic Area	(in millions of yen)
	As of March 31, 2013
Domestic		1,430,597
Overseas		162,104
Asia		9,182
Indonesia		1,474
Singapore		49
Thailand		364
Hong Kong		901
China		—
Other		6,392
Americas		35,027
Europe, Middle East and Other		117,893

Total		1,592,701


	(in millions of yen)
	As of March 31, 2012
Domestic		1,337,153
Overseas		134,304
Asia		3,721
Indonesia		—
Thailand		929
Hong Kong		363
Other		2,428
United States of America		3,462
Other		127,119

Total		1,471,457

Classified by Industry


	(in millions of yen)
	As of March 31, 2013 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		1,430,597		1,337,153		93,444
Manufacturing		273,332		249,932		23,399
Construction		44,511		47,837		(3,325	)
Wholesale and retail		285,854		264,867		20,986
Finance and insurance		12,837		8,028		4,808
Real estate		231,707		145,848		85,859
Goods rental and leasing		5,497		5,204		292
Services		129,493		130,735		(1,242	)
Other industries		76,495		82,630		(6,135	)
Consumer		370,868		402,067		(31,199	)
Overseas		162,104		134,304		27,800
Financial institutions		21,120		25,252		(4,132	)
Commercial and industrial		67,985		45,787		22,198
Other		72,998		63,264		9,734

Total		1,592,701		1,471,457		121,244

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2013 (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		724		0.00	%		1,981		0.01	%		(1,256	)		(0.01	)%
Non-accrual delinquent loans		48,689		0.43	%		45,798		0.43	%		2,891			(0.00	)%
Accruing loans contractually past due 3 months or more		367		0.00	%		150		0.00	%		216			0.00	%
Restructured loans		18,695		0.16	%		18,722		0.17	%		(26	)		(0.01	)%
Total risk monitored loans		68,477		0.60	%		66,652		0.63	%		1,824			(0.02	)%
Total loans and bills discounted		11,273,483					10,520,913					752,569

Written-off		18,609					20,137					(1,528	)

(2) Allowance for Credit Losses


	(in millions of yen)
	As of March 31, 2013 (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		64,790		94.61	%		63,931		95.91	%		858			(1.30	)%
General allowance for credit losses		40,330					40,826					(496	)
Specific allowance for credit losses		24,460					23,105					1,355
Allowance for credit to specific foreign borrowers		—					—					—

(3) Classification of Risk-Monitored Loans


Classified by Geographic Area	(in millions of yen)
	As of March 31, 2013
Domestic		64,338
Overseas		4,139
Asia		—
Indonesia		—
Singapore		—
Thailand		—
Hong Kong		—
China		—
Other		—
Americas		13
Europe, Middle East and Other		4,125

Total		68,477


	(in millions of yen)
	As of March 31, 2012
Domestic		66,639
Overseas		13
Asia		—
Indonesia		—
Thailand		—
Hong Kong		—
Other		—
United States of America		—
Other		13

Total		66,652


Classified by Industry	(in millions of yen)
	As of March 31, 2013 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		64,338		66,639		(2,301	)
Manufacturing		26,366		21,231		5,134
Construction		1,378		671		707
Wholesale and retail		2,622		3,088		(466	)
Finance and insurance		1,654		6,052		(4,398	)
Real estate		19,015		19,853		(837	)
Goods rental and leasing		—		—		—
Services		1,158		2,253		(1,094	)
Other industries		2,383		3,060		(676	)
Consumer		9,758		10,428		(669	)
Overseas		4,139		13		4,125
Financial institutions		—		—		—
Commercial and industrial		4,125		—		4,125
Other		13		13		(0	)

Total		68,477		66,652		1,824

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated: Trust Account

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

(1) Risk-Monitored Loans


	(in millions of yen)
	As of March 31, 2013 (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		73		0.18	%		81		0.08	%		(7	)		0.10	%
Non-accrual delinquent loans		0		0.00	%		28		0.03	%		(28	)		(0.02	)%
Accruing loans contractually past due 3 months or more		158		0.40	%		164		0.17	%		(5	)		0.22	%
Restructured loans		418		1.06	%		779		0.83	%		(360	)		0.23	%
Total risk monitored loans		651		1.65	%		1,053		1.12	%		(401	)		0.52	%
Total loans and bills discounted		39,428					93,829					(54,401	)

(2) Allowance for Credit Losses

(in millions of yen)

As of
March 31, 2013
(A)

As of
March 31, 2012
(B)

Increase
(Decrease)
(A) - (B)

Allowance for bad debts

117

282

(164

)

(3) Classification of Risk-Monitored Loans

Classified by Industry


	(in millions of yen)
	As of March 31, 2013 (A)		As of March 31, 2012 (B)		Increase (Decrease) (A) - (B)
Domestic		651		1,053		(401	)
Manufacturing		—		—		—
Construction		—		—		—
Wholesale and retail		—		—		—
Finance and insurance		—		—		—
Real estate		463		782		(319	)
Goods rental and leasing		—		—		—
Services		—		—		—
Other industries		—		—		—
Consumer		187		270		(82	)

Total		651		1,053		(401	)

Mitsubishi UFJ Financial Group, Inc.

8. Non Performing Loans Based on the Financial Reconstruction Law (the “FRL”)

BTMU and MUTB Combined including Trust Account

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

(1) Non Performing Loans


							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								134,387			107,189			27,198
Doubtful								1,009,807			917,548			92,258
Special Attention								552,661			557,416			(4,754	)
Non Performing Loans (1)								1,696,856			1,582,155			114,701
Normal								92,564,910			87,389,539			5,175,370
Total								94,261,767			88,971,694			5,290,072

Non Performing Loans / Total								1.80	%		1.77	%		0.02	%

(2) Status of Coverage of Non Performing Loans
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								1,329,059			1,242,856			86,203
Allowance for credit losses								432,363			396,572			35,791
Collateral, guarantees, etc.								896,696			846,284			50,411

Coverage ratio (2) / (1)								78.32	%		78.55	%		(0.22	)%

(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		134,387			3,112			131,275			—			100.00	%
		[107,189	]		[1,573	]		[105,616	]		—			[100.00	%]
Doubtful		1,009,807			292,093			449,758			—			73.46	%
		[917,548	]		[266,783	]		[410,937	]		—			[73.86	%]
Special Attention		552,661			137,157			315,662			—			81.93	%
		[557,416	]		[128,215	]		[329,730	]		—			[82.15	%]
Total		1,696,856			432,363			896,696			—			78.32	%
		[1,582,155	]		[396,572	]		[846,284	]		—			[78.55	%]
Note: The upper figures are as of March 31, 2013. The lower figures with brackets are as of March 31, 2012. (4) Classified by Industry
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Domestic								1,527,856			1,439,572			88,283
Manufacturing								304,787			275,784			29,002
Construction								46,312			49,679			(3,366	)
Wholesale and retail								304,816			285,740			19,075
Finance and insurance								16,562			16,339			222
Real estate								254,409			169,718			84,690
Goods rental and leasing								5,540			5,214			326
Services								132,975			135,439			(2,464	)
Other industries								81,231			88,058			(6,827	)
Consumer								381,221			413,596			(32,375	)
Overseas								169,000			142,582			26,418
Financial institutions								21,120			25,254			(4,134	)
Commercial and industrial								74,868			54,050			20,818
Other								73,011			63,277			9,734
Total								1,696,856			1,582,155			114,701

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Non Performing Loans


							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								131,440			103,380			28,059
Doubtful								963,102			873,332			89,769
Special Attention								533,147			537,685			(4,538	)
Non Performing Loans (1)								1,627,690			1,514,398			113,291
Normal								80,996,276			76,648,955			4,347,320
Total								82,623,966			78,163,354			4,460,611

Non Performing Loans / Total								1.96	%		1.93	%		0.03	%

(2) Status of Coverage of Non Performing Loans

							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								1,269,524			1,188,917			80,606
Allowance for credit losses								403,333			374,785			28,548
Collateral, guarantees, etc.								866,190			814,132			52,058

Coverage ratio (2) / (1)								77.99	%		78.50	%		(0.51	)%

(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		131,440			3,095			128,344			100.00	%		100.00	%
		[103,380	]		[1,544	]		[101,835	]		[100.00	%]		[100.00	%]
Doubtful		963,102			268,291			434,703			50.77	%		72.99	%
		[873,332	]		[250,820	]		[394,417	]		[52.37	%]		[73.88	%]
Special Attention		533,147			131,946			303,142			57.36	%		81.60	%
		[537,685	]		[122,420	]		[317,878	]		[55.69	%]		[81.88	%]
Total		1,627,690			403,333			866,190			52.96	%		77.99	%
		[1,514,398	]		[374,785	]		[814,132	]		[53.52	%]		[78.50	%]
Note: The upper figures are as of March 31, 2013. The lower figures with brackets are as of March 31, 2012. (4) Classified by Industry
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Domestic								1,462,830			1,371,831			90,999
Manufacturing								278,421			254,553			23,867
Construction								44,933			48,994			(4,060	)
Wholesale and retail								302,193			282,652			19,541
Finance and insurance								14,907			10,286			4,620
Real estate								234,929			149,081			85,847
Goods rental and leasing								5,540			5,214			326
Services								131,816			133,173			(1,356	)
Other industries								78,847			84,998			(6,150	)
Consumer								371,239			402,876			(31,636	)
Overseas								164,859			142,567			22,292
Financial institutions								21,120			25,252			(4,132	)
Commercial and industrial								70,740			54,050			16,690
Other								72,998			63,264			9,734
Total								1,627,690			1,514,398			113,291

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non Performing Loans


							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								2,872			3,698			(825	)
Doubtful								46,579			44,131			2,447
Special Attention								19,063			18,873			190
Non Performing Loans (1)								68,515			66,702			1,812
Normal								11,529,857			10,647,807			882,049
Total								11,598,373			10,714,510			883,862

Non Performing Loans / Total								0.59	%		0.62	%		(0.03	)%

(2) Status of Coverage of Non Performing Loans
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								58,987			53,128			5,859
Allowance for credit losses								29,029			21,786			7,243
Collateral, guarantees, etc.								29,957			31,341			(1,384	)

Coverage ratio (2) / (1)								86.09	%		79.64	%		6.44	%
(3) Coverage Ratio
	(in millions of yen)
Category	Loan amount (A)			Allowance for credit losses (B)			Covered by collateral and/ or guarantees (C)			Coverage ratio for unsecured portion (B) / [(A) - (C)]			Coverage ratio [(B) + (C)] / (A)
Bankrupt or De facto Bankrupt		2,872			16			2,856			100.00	%		100.00	%
		[3,698	]		[28	]		[3,670	]		[100.00	%]		[100.00	%]
Doubtful		46,579			23,802			14,965			75.28	%		83.22	%
		[44,131	]		[15,962	]		[16,435	]		[57.63	%]		[73.41	%]
Special Attention		19,063			5,210			12,136			75.22	%		90.99	%
		[18,873	]		[5,795	]		[11,236	]		[75.88	%]		[90.24	%]
Total		68,515			29,029			29,957			75.28	%		86.09	%
		[66,702	]		[21,786	]		[31,341	]		[61.61	%]		[79.64	%]
Note: The upper figures are as of March 31, 2013. The lower figures with brackets are as of March 31, 2012. (4) Classified by Industry
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Domestic								64,373			66,687			(2,313	)
Manufacturing								26,366			21,231			5,134
Construction								1,378			684			694
Wholesale and retail								2,622			3,088			(466	)
Finance and insurance								1,654			6,052			(4,398	)
Real estate								19,015			19,853			(837	)
Goods rental and leasing								—			—			—
Services								1,158			2,266			(1,107	)
Other industries								2,383			3,060			(676	)
Consumer								9,793			10,449			(656	)
Overseas								4,141			15			4,126
Financial institutions								—			2			(2	)
Commercial and industrial								4,128			—			4,128
Other								13			13			(0	)
Total								68,515			66,702			1,812

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated: Trust Account

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

(1) Non Performing Loans


							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Bankrupt or De facto Bankrupt								74			109			(35	)
Doubtful								126			85			40
Special Attention								451			858			(406	)
Non Performing Loans (1)								651			1,053			(401	)
Normal								38,776			92,776			(53,999	)
Total								39,428			93,829			(54,401	)

Non Performing Loans / Total								1.65	%		1.12	%		0.52	%

(2) Status of Coverage of Non Performing Loans
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Covered amount (2)								548			810			(261	)
Allowance for credit losses								—			—			—
Collateral, guarantees, etc.								548			810			(261	)

Coverage ratio (2) / (1)								84.23	%		76.96	%		7.26	%

(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		74			—			74						100.00	%
		[109	]		[—	]		[109	]					[100.00	%]
Doubtful		126			—			90						71.68	%
		[85	]		[—	]		[85	]					[99.94	%]
Special Attention		451			—			384						85.14	%
		[858	]		[—	]		[615	]					[71.73	%]
Total		651			—			548						84.23	%
		[1,053	]		[—	]		[810	]					[76.96	%]
Note: The upper figures are as of March 31, 2013. The lower figures with brackets are as of March 31, 2012.

(4) Classified by Industry
							(in millions of yen)
							As of March 31, 2013 (A)			As of March 31, 2012 (B)			Increase (Decrease) (A) - (B)
Domestic								651			1,053			(401	)
Manufacturing								—			—			—
Construction								—			—			—
Wholesale and retail								—			—			—
Finance and insurance								—			—			—
Real estate								463			782			(319	)
Goods rental and leasing								—			—			—
Services								—			—			—
Other industries								—			—			—
Consumer								187			270			(82	)
Total								651			1,053			(401	)

Mitsubishi UFJ Financial Group, Inc.

Overview of Non-Performing Loans

BTMU and MUTB Combined

(in billions of yen)

Self-Assessment

Coverage

ratio for

unsecured

portion

Non-Performing Loans

Based on the “FRL”

Risk-Monitored Loans

Category of
Borrowers

Classification

Non-
Classification

Classification
II

Classification
III

Classification
IV

Bankrupt
Borrowers

[131.2]

[2.5]

[0.5]

(*1)

100.00%

i) Bankrupt or

De facto Bankrupt

[134.3]

Loans to bankrupt borrowers

[70.6]

Substantially
Bankrupt
Borrowers

Non-accrual

delinquent loans

[1,038.3]

Potentially
Bankrupt
Borrowers

[455.9]

[553.7]

52.15%

ii) Doubtful

[1,009.6]

Borrowers
Requiring
Caution
(Special
Attention
Borrowers)

[552.2]

57.88%

iii) Special Attention

[552.2]

Accruing loans contractually past due

3 months or more

[57.9]

Restructured loans

[494.2]

Borrowers
Requiring
Caution
(Other
Borrowers)

iv) Normal

[92,526.1]

Normal
Borrowers

Non-Performing Loans Based on the “FRL”

Risk-Monitored Loans

i) + ii) + iii)

1,696.2

1,661.1

Total

i) + ii) + iii) + iv)

94,222.3

(*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 March 31, 2013 (B)		(B) - (A)
Assets newly categorized during fiscal 2009		564,738		210,544		141,145		111,743		(29,401	)
Assets newly categorized during fiscal 2010				391,086		266,572		221,221		(45,350	)
Assets newly categorized during fiscal 2011						393,988		281,203		(112,784	)
Assets newly categorized during fiscal 2012								340,637

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 fiscal year ended March 31, 2013
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		13,441
Reconstructive treatment		13,626
Upgrade due to reconstructive treatment		—
Loan sold to secondary market		3,214
Write-offs		29,767
Others		166,596
Collection / Repayment		101,578
Upgrade		65,018

Total		226,646		44,786		181,859

Amount in process for disposition		121,173

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 March 31, 2013 (B)		(B) - (A)
Assets newly categorized during fiscal 2009		39,650		10,511		6,513		4,451		(2,062	)
Assets newly categorized during fiscal 2010				11,071		2,207		1,239		(967	)
Assets newly categorized during fiscal 2011						27,155		17,759		(9,396	)
Assets newly categorized during fiscal 2012								15,711

(2) Progress in Disposition of Problem Assets


	(in millions of yen)
	For the fiscal year ended March 31, 2013
			Bankrupt or De facto Bankrupt		Doubtful
Liquidation		—
Reconstructive treatment		—
Upgrade due to reconstructive treatment		—
Loan sold to secondary market		407
Write-offs		4,180
Others		9,511
Collection / Repayment		7,980
Upgrade		1,530

Total		14,099		2,419		11,679

Amount in process for disposition		3,577

Note:

Mitsubishi UFJ Financial Group, Inc.

10.

Loans Classified by Type of Industry, Domestic Consumer Loans, Domestic Loans to Small/Medium-Sized Companies and Proprietors

BTMU and MUTB Combined including Trust Accounts

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		66,790,112			1,723,756			65,066,356
Manufacturing		9,578,048			486,303			9,091,745
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		132,293			16,638			115,655
Construction		900,393			(77,997	)		978,390
Utilities		1,579,871			156,297			1,423,574
Communication and information services		1,127,519			21,906			1,105,613
Transport and postal activities		2,346,687			(132,370	)		2,479,057
Wholesale and retail		6,531,114			138,620			6,392,494
Finance and insurance		7,441,670			(54,845	)		7,496,515
Real estate		9,129,933			941			9,128,992
Goods rental and leasing		1,558,081			50,275			1,507,806
Services		2,695,916			(375,753	)		3,071,669
Municipal government		880,615			(67,403	)		948,018
Other industries		22,887,960			1,561,147			21,326,813
Overseas offices and loans booked at offshore markets		18,691,900			3,703,976			14,987,923

Total		85,482,013			5,427,732			80,054,280

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		17,305,994			(276,584	)		17,582,579
Housing loans		16,590,372			(275,647	)		16,866,020
Residential purpose		13,521,507			(119,317	)		13,640,825
Other		715,622			(937	)		716,559
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		38,234,708			(913,592	)		39,148,300
% to total domestic loans		57.24	%		(2.92	)%		60.16	%

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		56,605,769			1,448,845			55,156,923
Manufacturing		7,440,308			332,081			7,108,227
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		128,040			17,148			110,892
Construction		794,047			(72,950	)		866,997
Utilities		1,137,467			143,155			994,312
Communication and information services		838,386			20,656			817,730
Transport and postal activities		1,656,408			(147,096	)		1,803,504
Wholesale and retail		5,572,071			24,002			5,548,069
Finance and insurance		5,795,424			(158,569	)		5,953,993
Real estate		7,245,044			(24,932	)		7,269,976
Goods rental and leasing		998,097			37,952			960,145
Services		2,519,753			(213,847	)		2,733,600
Municipal government		858,741			(60,369	)		919,110
Other industries		21,621,983			1,551,615			20,070,368
Overseas offices and loans booked at offshore markets		17,499,105			3,270,029			14,229,076

Total		74,104,875			4,718,874			69,386,000

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		16,090,509			(334,112	)		16,424,621
Housing loans		15,385,173			(335,284	)		15,720,458
Residential purpose		12,566,829			(210,954	)		12,777,784
Other		705,335			1,172			704,163
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		33,471,408			(1,037,542	)		34,508,950
% to total domestic loans		59.13	%		(3.43	)%		62.56	%

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Loans Classified by Type of Industry


	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		10,080,688			318,622			9,762,065
Manufacturing		2,137,740			154,222			1,983,518
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		4,253			(510	)		4,763
Construction		106,346			(5,047	)		111,393
Utilities		442,404			13,180			429,224
Communication and information services		289,133			1,250			287,883
Transport and postal activities		687,440			13,302			674,138
Wholesale and retail		959,043			114,618			844,425
Finance and insurance		1,646,246			103,724			1,542,522
Real estate		1,869,007			28,260			1,840,747
Goods rental and leasing		559,984			12,423			547,561
Services		175,758			(160,899	)		336,657
Municipal government		16,294			(4,791	)		21,085
Other industries		1,187,031			48,893			1,138,138
Overseas offices and loans booked at offshore markets		1,192,794			433,947			758,847

Total		11,273,483			752,569			10,520,913

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		1,199,442			106,016			1,093,425
Housing loans		1,189,398			108,019			1,081,379
Residential purpose		940,485			139,704			800,780
Other		10,043			(2,003	)		12,046
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		4,668,066			166,706			4,501,360
% to total domestic loans		46.30	%		0.19	%		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 March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Domestic offices (excluding loans booked at offshore markets)		103,654			(43,711	)		147,366
Manufacturing		—			—			—
Agriculture, forestry, fishery, mining, quarrying of stone and gravel		—			—			—
Construction		—			—			—
Utilities		—			(38	)		38
Communication and information services		—			—			—
Transport and postal activities		2,839			1,424			1,415
Wholesale and retail		—			—			—
Finance and insurance		—			—			—
Real estate		15,882			(2,387	)		18,269
Goods rental and leasing		—			(100	)		100
Services		405			(1,007	)		1,412
Municipal government		5,580			(2,243	)		7,823
Other industries		78,946			(39,361	)		118,307
Overseas offices and loans booked at offshore markets		—			—			—

Total		103,654			(43,711	)		147,366

(2) Domestic Consumer Loans
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Total domestic consumer loans		16,043			(48,489	)		64,532
Housing loans		15,799			(48,382	)		64,182
Residential purpose		14,192			(48,067	)		62,259
Other		243			(106	)		350
(3) Domestic Loans to Small/Medium-Sized Companies and Proprietors
	(in millions of yen)
	As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Outstanding amount		95,234			(42,756	)		137,990
% to total domestic loans		91.87	%		(1.76	)%		93.63	%

Mitsubishi UFJ Financial Group, Inc.

11. Overseas Loans

BTMU and MUTB Combined


	(in millions of yen)
	As of March 31, 2013 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Asia		5,715,843		954,633			4,761,209
Thailand		785,730		173,100			612,630
Indonesia		592,656		188,707			403,948
Malaysia		348,180		1,303			346,877
Philippines		119,415		40,456			78,958
South Korea		364,692		29,804			334,888
Singapore		922,849		216,680			706,169
Hong Kong		1,340,793		143,260			1,197,532
China		118,867		18,327			100,540
Taiwan		250,255		41,135			209,120
Others		872,400		101,857			770,542
Latin America		2,249,517		427,724			1,821,793
Argentina		6,426		1,986			4,439
Brazil		231,468		86,096			145,371
Mexico		171,551		61,975			109,575
Caribbean countries		1,576,217		188,317			1,387,899
Others		263,853		89,347			174,506
North America		4,328,525		844,984			3,483,540
United States of America		4,122,894		898,746			3,224,148
Canada		205,630		(53,762	)		259,392
Western Europe		4,027,445		422,225			3,605,220
United Kingdom		1,355,929		281,582			1,074,347
Germany		396,876		51,922			344,954
France		418,758		(148,063	)		566,821
Netherlands		496,983		56,368			440,615
Spain		292,560		(21,544	)		314,104
Italy		249,500		35,734			213,765
Others		816,836		166,224			650,611
Eastern Europe		546,603		237,892			308,711
Others		3,136,927		503,765			2,633,162

Total		20,004,862		3,391,224			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: ¥5,108,443 million (a 1,008,974 million yen increase as compared with March 31, 2012.) Bank of Tokyo-Mitsubishi UFJ (China), Ltd.: ¥994,687 million (a 134,952 million yen increase as compared with March 31, 2012.)
		Bank of Tokyo-Mitsubishi UFJ (Holland) N.V.: ¥642,506 million (a 96,729 million yen increase 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 March 31, 2013 (A)		Increase (Decrease) (A) - (B)		As of March 31, 2012 (B)
Deposits (ending balance)		123,934,452		5,276,982		118,657,469
Deposits (average balance)		120,065,710		4,061,150		116,004,560
Loans (ending balance)		85,378,358		5,471,444		79,906,913
Loans (average balance)		83,070,827		7,115,496		75,955,331

BTMU Non-consolidated


	(in millions of yen)
	As of March 31, 2013 (A)		Increase (Decrease) (A) - (B)		As of March 31, 2012 (B)
Deposits (ending balance)		112,154,287		5,473,409		106,680,877
Deposits (average balance)		108,004,347		4,281,978		103,722,369
Loans (ending balance)		74,104,875		4,718,874		69,386,000
Loans (average balance)		72,312,543		6,806,389		65,506,154

MUTB Non-consolidated


	(in millions of yen)
	As of March 31, 2013 (A)		Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deposits (ending balance)		11,780,164		(196,426	)		11,976,591
Deposits (average balance)		12,061,362		(220,828	)		12,282,191
Loans (ending balance)		11,273,483		752,569			10,520,913
Loans (average balance)		10,758,284		309,107			10,449,177

Mitsubishi UFJ Financial Group, Inc.

13. Domestic Deposits

BTMU and MUTB Combined

(in millions of yen)

As of
March 31, 2013
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2012
(B)

Individuals

67,342,815

1,498,441

65,844,374

Corporations and others

43,652,940

1,691,996

41,960,944

Domestic deposits

110,995,756

3,190,437

107,805,318

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

BTMU Non-consolidated

(in millions of yen)

As of
March 31, 2013
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2012
(B)

Individuals

58,995,016

1,662,406

57,332,610

Corporations and others

40,958,362

1,722,595

39,235,766

Domestic deposits

99,953,378

3,385,001

96,568,376

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

MUTB Non-consolidated

(in millions of yen)

As of
March 31, 2013
(A)

Increase
(Decrease)
(A) - (B)

As of
March 31, 2012
(B)

Individuals

8,347,799

(163,964

)

8,511,764

Corporations and others

2,694,578

(30,599

)

2,725,177

Domestic deposits

11,042,377

(194,563

)

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 March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deferred tax assets		684.0			(193.6	)		877.7
Allowance for credit losses		358.6			5.0			353.5
Write-down on investment securities		174.3			(45.9	)		220.2
Unrealized losses on other securities		47.8			(34.9	)		82.8
Reserve for retirement benefits		94.0			6.8			87.2
Other		250.0			(183.0	)		433.0
Valuation allowance		(240.8	)		58.3			(299.1	)
Deferred tax liabilities		679.3			244.3			435.0
Unrealized gains on other securities		461.5			201.4			260.1
Net deferred gains on hedges		62.3			16.6			45.6
Revaluation gains on securities upon merger		67.6			26.9			40.6
Gains on securities contributed to employee retirement benefits trust		57.9			(0.0	)		57.9
Other		29.8			(0.7	)		30.5
Net deferred tax assets		4.7			(438.0	)		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			FY2012
Net business profits before provision for general allowance for credit losses		828.2			710.8			863.1			1,006.5			1,022.8			1,001.5
Total credit costs		(76.5	)		(393.4	)		(337.8	)		(166.1	)		(125.3	)		(56.6	)
Income before income taxes		687.0			(195.1	)		460.1			674.4			739.5			877.4
Reconciliation to taxable income		(123.1	)		789.1			(3.7	)		(24.0	)		(305.1	)		(564.2	)
Taxable income		563.9			593.9			456.3			650.3			434.3			313.2

(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 March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Deferred tax assets		66.3			5.8			60.4
Write-down on investment securities		29.3			(15.1	)		44.5
Deferred losses on hedging instruments		27.1			7.9			19.2
Allowance for credit losses		25.5			0.7			24.7
Other		47.8			(7.9	)		55.7
Valuation allowance		(63.4	)		20.2			(83.7	)
Deferred tax liabilities		210.5			97.2			113.2
Unrealized gains on other securities		168.4			81.2			87.1
Reserve for retirement benefits		31.3			14.9			16.4
Other		10.7			1.1			9.6
Net deferred tax assets		(144.1	)		(91.4	)		(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			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			162.2
Total credit costs		26.3			35.5			(23.7	)		(8.0	)		(9.2	)		(8.6	)
Income before income taxes		197.3			88.1			52.0			101.9			113.5			173.5
Reconciliation to taxable income		(26.3	)		(16.0	)		23.3			(80.1	)		(30.2	)		(85.1	)
Taxable income		170.9			72.0			75.3			21.7			83.3			88.4

(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.

15. Retirement Benefits

MUFG Consolidated

(1) Benefit obligation


		(in millions of yen)
		As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Projected benefit obligation	(A)		2,055,752			30,844			2,024,907
Discount rates			0.3% ~ 7.0	%					0.6% ~ 7.0	%
Fair value of plan assets	(B)		2,190,249			227,934			1,962,314
Prepaid pension cost	(C)		462,056			(21,710	)		483,766
Reserve for retirement benefits	(D)		84,911			3,800			81,111
Total amount unrecognized	(A) - (B) + (C) - (D)		242,646			(222,602	)		465,248
Unrecognized net actuarial loss			270,634			(244,737	)		515,371
Unrecognized prior service cost			(27,987	)		22,135			(50,122	)

(2) Net periodic cost

		(in millions of yen)
		For the fiscal year ended March 31, 2013 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2012 (B)
Net periodic cost of retirement benefits			106,034			19,628			86,406
Service cost			50,545			4,960			45,584
Interest cost			39,905			(3,801	)		43,707
Expected return on plan assets			(65,718	)		5,732			(71,451	)
Amortization of unrecognized prior service cost			(10,079	)		1,458			(11,537	)
Amortization of unrecognized net actuarial loss			78,612			14,238			64,374
Other			12,768			(2,960	)		15,729

(3) Assumptions and other policies used in calculation of projected benefit obligation


		As of March 31, 2013
Discount rates		Domestic consolidated subsidiaries 0.3% ~ 1.5%
		Overseas consolidated subsidiaries 3.8% ~ 7.0%
Expected return		Domestic consolidated subsidiaries 0.5% ~ 4.1%
		Overseas consolidated subsidiaries 3.8% ~ 8.0%
Method used in allocation of estimated retirement benefits		Straight-line method
Duration for amortization of unrecognized prior service cost		Primarily over 10 years
Duration for amortization of unrecognized net actuarial loss		Primarily over 10 years

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(1) Benefit obligation


		(in millions of yen)
		As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Projected benefit obligation	(A)		1,329,392			53,485			1,275,907
Discount rates			0.9% ~ 1.3	%					1.3% ~ 1.6	%
Fair value of plan assets	(B)		1,359,477			138,716			1,220,760
Prepaid pension cost	(C)		268,114			(19,360	)		287,474
Reserve for retirement benefits	(D)		6,273			1,142			5,131
Total amount unrecognized	(A) - (B) + (C) - (D)		231,755			(105,734	)		337,489
Unrecognized net actuarial loss			253,457			(112,192	)		365,649
Unrecognized prior service cost			(21,702	)		6,457			(28,160	)
(2) Net periodic cost
		(in millions of yen)
		For the fiscal year ended March 31, 2013 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2012 (B)
Net periodic cost of retirement benefits			62,453			10,552			51,901
Service cost			27,314			2,605			24,709
Interest cost			20,962			(3,302	)		24,265
Expected return on plan assets			(32,693	)		4,636			(37,330	)
Amortization of unrecognized prior service cost			(6,357	)		1,562			(7,920	)
Amortization of unrecognized net actuarial loss			43,253			6,997			36,255
Other			9,973			(1,947	)		11,921

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Benefit obligation


		(in millions of yen)
		As of March 31, 2013 (A)			Increase (Decrease) (A) - (B)			As of March 31, 2012 (B)
Projected benefit obligation	(A)		349,280			(83,744	)		433,024
Discount rates			1.3	%					1.6	%
Fair value of plan assets	(B)		533,022			28,928			504,094
Prepaid pension cost	(C)		205,735			(3,251	)		208,986
Reserve for retirement benefits	(D)		—			—			—
Total amount unrecognized	(A) - (B) + (C) - (D)		21,993			(115,923	)		137,917
Unrecognized net actuarial loss			35,239			(132,961	)		168,201
Unrecognized prior service cost			(13,246	)		17,037			(30,283	)

(2) Net periodic cost

		(in millions of yen)
		For the fiscal year ended March 31, 2013 (A)			Increase (Decrease) (A) - (B)			For the fiscal year ended March 31, 2012 (B)
Net periodic cost of retirement benefits			19,913			4,972			14,941
Service cost			6,986			406			6,580
Interest cost			6,542			(1,387	)		7,929
Expected return on plan assets			(16,717	)		2,344			(19,061	)
Amortization of unrecognized prior service cost			(5,099	)		(468	)		(4,630	)
Amortization of unrecognized net actuarial loss			27,439			3,878			23,560
Other			761			198			563

Mitsubishi UFJ Financial Group, Inc.

(Reference)

1. Exposure to “Securitized Products and Related Investments”

Our exposure to securitized products and related investments as of March 31, 2013 is outlined below. (Figures are on a managerial basis and rounded off to the billion yen)

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

•

The balance as of the end of March 2013 increased to ¥2.44 trillion in total, an increase of ¥0.78 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 ¥2 billion, improved by ¥52 billion compared to the end of March 2012.

•

The effect on the P/L for the fiscal year ended March 31, 2013 was approximately ¥1 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		38		(26	)		4			4		0		0
2	Sub-prime RMBS		2		(1	)		1			0		0		0
3	CMBS		329		226			6			3		0		0
4	CLOs		2,005		605			(13	)		42		1,469		(4	)
5	Other securitized products (card, etc.)		69		(21	)		0			2		17		0
6	CDOs		1		0			0			0		0		0
7	Sub-prime ABS CDOs		0		0			0			0		0		0
8	SIV		0		0			1			1		0		0

9	Total		2,443		784			(2	)		52		1,486		(5	)

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 74% of our investments in securitized products, an increase of 4% 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 94% of our investments in securitized products.


		(¥bn)
		AAA			AA			A			BBB			BB or lower			Unrated			Total
10	RMBS		3			4			5			15			11			0			38
11	Sub-prime RMBS		0			0			1			0			0			0			2
12	CMBS		188			141			0			0			0			0			329
13	CLOs		1,590			315			60			38			1			0			2,005
14	Other securitized products (card, etc.)		38			21			0			6			1			2			69
15	CDOs		0			0			0			0			1			0			1
16	Sub-prime ABS CDOs		0			0			0			0			0			0			0

17	SIV		0			0			0			0			0			0			0

18	Total		1,819			482			65			59			15			2			2,443
19	Percentage of total		74	%		20	%		3	%		2	%		1	%		0	%		100	%
20	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 March 2013.


		(¥bn)
		Americas		Europe		Asia		Japan		Total		Change from end of March 2012
1	LBO Loan³(Balance on a commitment basis)		14		100		3		196		313		(6	)
2	Balance on a booking basis		8		83		3		178		272		(11	)

3 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 March 2013 was ¥3.92 trillion (¥1.42 trillion overseas).

•

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

End


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
SIVs	:	Investment companies established mainly for gaining profit margin by raising funds through subordinated notes and short-term CPs, etc. and investing in relatively long-term securitized products and bonds, etc.
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 March 31, 2013
Assets:
Cash and due from banks		6,401,537			8,901,627
Call loans		160,528			238,353
Receivables under resale agreements		566,222			783,828
Receivables under securities borrowing transactions		307,468			724,782
Monetary claims bought		2,221,915			2,641,606
Trading assets		5,736,034			5,892,689
Money held in trust		57,986			58,028
Securities		63,452,246			63,071,374
Allowance for losses on securities		(56,627	)		(56,627	)
Loans and bills discounted		69,386,000			74,104,875
Foreign exchanges		1,461,361			1,394,418
Other assets		5,319,356			5,218,007
Tangible fixed assets		864,836			863,564
Intangible fixed assets		327,329			344,139
Deferred tax assets		442,759			4,758
Customers’ liabilities for acceptances and guarantees		5,555,393			5,874,753
Allowance for credit losses		(762,942	)		(755,053	)

Total assets		161,441,406			169,305,125

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2012			As of March 31, 2013
Liabilities:
Deposits		106,680,877			112,154,287
Negotiable certificates of deposit		9,341,667			9,748,390
Call money		2,005,828			3,030,447
Payables under repurchase agreements		6,100,858			7,305,607
Payables under securities lending transactions		2,155,306			1,108,750
Commercial papers		216,698			731,657
Trading liabilities		4,084,721			4,146,591
Borrowed money		8,541,603			7,968,420
Foreign exchanges		906,624			933,556
Bonds payable		4,504,334			3,940,755
Other liabilities		3,225,131			3,233,382
Reserve for bonuses		16,691			16,926
Reserve for bonuses to directors		145			141
Reserve for retirement benefits		5,131			6,273
Reserve for loyalty award credits		797			1,064
Reserve for contingent losses		49,840			43,538
Deferred tax liabilities for land revaluation		154,420			152,262
Acceptances and guarantees		5,555,393			5,874,753

Total liabilities		153,546,071			160,396,806

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			2,434,852
Revenue reserve		190,044			190,044
Other retained earnings		1,814,267			2,244,808
Funds for retirement benefits		2,432			2,432
Other reserve		718,196			718,196
Earned surplus brought forward		1,093,638			1,524,179
Treasury stock		(250,000	)		(255,700	)

Total shareholders’ equity		7,344,545			7,769,386

Net unrealized gains (losses) on other securities		235,499			797,405
Net deferred gains (losses) on hedging instruments		82,389			112,523
Land revaluation excess		232,900			229,004

Total valuation and translation adjustments		550,789			1,138,933

Total net assets		7,895,334			8,908,319

Total liabilities and net assets		161,441,406			169,305,125

Mitsubishi UFJ Financial Group, Inc.

BTMU Non-consolidated

(2) Non-consolidated Statements of Income


(in millions of yen)	For the fiscal year ended March 31, 2012		For the fiscal year ended March 31, 2013
Ordinary income		2,766,126		2,796,371
Interest income		1,553,338		1,551,088
Interest on loans and bills discounted		980,453		996,300
Interest and dividends on securities		450,980		454,929
Fees and commissions		525,881		559,914
Trading income		104,558		122,058
Other business income		482,293		474,573
Other ordinary income		100,054		88,736
Ordinary expenses		2,022,803		1,935,376
Interest expenses		349,587		377,909
Interest on deposits		110,913		102,407
Fees and commissions		136,553		135,874
Other business expenses		149,048		141,226
General and administrative expenses		1,054,269		1,101,084
Other ordinary expenses		333,345		179,282

Ordinary profits		743,322		860,995

Extraordinary gains		12,819		29,311
Extraordinary losses		16,588		12,838

Income before income taxes		739,552		877,468

Income taxes - current		154,860		109,342
Income taxes - deferred		115,649		183,013

Total taxes		270,510		292,356

Net income		469,042		585,112

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(1) Non-consolidated Balance Sheets


(in millions of yen)	As of March 31, 2012			As of March 31, 2013
Assets:
Cash and due from banks		1,581,341			1,076,887
Call loans		68,100			284,000
Monetary claims bought		24,302			27,052
Trading assets		383,399			402,621
Money held in trust		5,368			11,140
Securities		12,694,953			14,385,072
Loans and bills discounted		10,520,913			11,273,483
Foreign exchanges		9,545			86,111
Other assets		734,102			914,743
Tangible fixed assets		169,559			165,911
Intangible fixed assets		62,039			53,248
Customers’ liabilities for acceptances and guarantees		147,876			207,962
Allowance for credit losses		(63,931	)		(64,790	)

Total assets		26,337,570			28,823,445

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2012			As of March 31, 2013
Liabilities:
Deposits		11,976,591			11,780,164
Negotiable certificates of deposit		3,953,824			5,253,264
Call money		238,420			191,762
Payables under repurchase agreements		3,501,140			3,798,242
Payables under securities lending transactions		426,520			409,283
Commercial papers		135,463			209,865
Trading liabilities		52,741			65,878
Borrowed money		2,118,606			3,079,292
Foreign exchanges		211			246
Bonds payable		347,800			354,358
Due to trust accounts		1,062,395			1,082,172
Other liabilities		867,958			529,507
Reserve for bonuses		4,325			4,284
Reserve for bonuses to directors		82			83
Reserve for contingent losses		14,830			14,020
Deferred tax liabilities		52,769			144,169
Deferred tax liabilities for land revaluation		5,447			5,425
Acceptances and guarantees		147,876			207,962

Total liabilities		24,907,007			27,129,986

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			695,942
Revenue reserve		73,714			73,714
Other retained earnings		523,370			622,228
Funds for retirement benefits		710			710
Other reserve		138,495			138,495
Earned surplus brought forward		384,165			483,023

Total shareholders’ equity		1,333,678			1,432,537

Net unrealized gains (losses) on other securities		138,050			316,407
Net deferred gains (losses) on hedging instruments		(34,692	)		(48,973	)
Land revaluation excess		(6,473	)		(6,512	)

Total valuation and translation adjustments		96,884			260,921

Total net assets		1,430,563			1,693,458

Total liabilities and net assets		26,337,570			28,823,445

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(2) Non-consolidated Statements of Income


(in millions of yen)	For the fiscal year ended March 31, 2012		For the fiscal year ended March 31, 2013
Ordinary income		527,651		529,501
Trust fees		73,129		70,634
Interest income		233,174		224,601
Interest on loans and bills discounted		104,304		101,312
Interest and dividends on securities		122,215		118,672
Fees and commissions		103,440		112,100
Trading income		18,052		19,212
Other business income		78,750		70,528
Other ordinary income		21,103		32,423
Ordinary expenses		417,547		393,207
Interest expenses		77,010		72,482
Interest on deposits		32,084		27,152
Fees and commissions		22,557		24,441
Trading expenses		—		147
Other business expenses		75,892		55,020
General and administrative expenses		202,603		206,071
Other ordinary expenses		39,483		35,044

Ordinary profits		110,104		136,293

Extraordinary gains		5,033		51,017
Extraordinary losses		1,590		13,767

Income before income taxes		113,547		173,543

Income taxes - current		32,789		31,946
Income taxes - deferred		4,897		16,429

Total taxes		37,687		48,375

Net income		75,860		125,168

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 March 31, 2013
Assets:
Loans and bills discounted		147,366		103,654
Securities		48,875,266		52,034,347
Beneficiary rights to the trust		29,422,638		34,923,453
Securities held in custody accounts		3,113,032		3,061,056
Monetary claims		13,638,583		12,287,321
Tangible fixed assets		9,057,591		9,436,682
Intangible fixed assets		135,933		122,128
Other claims		4,356,505		3,931,112
Call loans		1,197,405		1,594,684
Due from banking account		1,416,693		1,491,543
Cash and due from banks		1,591,392		1,734,932

Total		112,952,408		120,720,918

Liabilities:
Money trusts		17,900,801		19,503,756
Pension trusts		12,130,567		12,352,938
Property formation benefit trusts		13,094		11,871
Investment trusts		28,618,119		34,238,626
Money entrusted other than money trusts		2,096,421		2,367,364
Securities trusts		4,102,251		4,348,956
Monetary claim trusts		14,011,078		12,457,552
Equipment trusts		63,316		28,067
Land and fixtures trusts		85,159		84,555
Composite trusts		33,931,596		35,327,227

Total		112,952,408		120,720,918


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 March 31, 2013
Assets:
Loans and bills discounted		93,829		39,428
Securities		46,294		59,732
Other		838,001		910,329

Total		978,124		1,009,490

Liabilities:
Principal		974,326		1,007,608
Allowance for bad debts		282		117
Other		3,515		1,764

Total		978,124		1,009,490

Mitsubishi UFJ Financial Group, Inc.

MUTB Non-consolidated

(4) Major Items


(in millions of yen)	As of March 31, 2012		As of March 31, 2013
Total funds		45,974,880		48,901,996

Deposits		11,976,591		11,780,164
Negotiable certificates of deposit		3,953,824		5,253,264
Money trusts		17,900,801		19,503,756
Pension trusts		12,130,567		12,352,938
Property formation benefit trusts		13,094		11,871

Loans and bills discounted		10,668,279		11,377,137

Banking account		10,520,913		11,273,483
Trust account		147,366		103,654

Investment securities		61,570,219		66,419,420

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.