UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For the month of August 2020
Commission File No. 000-54189
MITSUBISHI UFJ FINANCIAL GROUP, INC.
(Translation of registrants name into English)
7-1, Marunouchi 2-chome, Chiyoda-ku
Tokyo 100-8330, Japan
(Address of principal executive office)
Indicate by check mark whether the registrant files or
will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM F-3 (NO. 333-229697) OF MITSUBISHI UFJ FINANCIAL GROUP, INC. AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 4, 2020
Mitsubishi UFJ Financial Group, Inc. | ||
By: |
/s/ Zenta Morokawa |
|
Name: | Zenta Morokawa | |
Title: |
Managing Director, Deputy Head of Corporate Administration Division |
Consolidated Summary Report
<under Japanese GAAP>
for the three months ended June 30, 2020
August 4, 2020
Company name: |
Mitsubishi UFJ Financial Group, Inc. | |
Stock exchange listings: |
Tokyo, Nagoya, New York | |
Code number: |
8306 | |
URL |
https://www.mufg.jp/ | |
Representative: |
Hironori Kamezawa, President & Group CEO | |
For inquiry: |
Masahisa Takahashi, Managing Director, Head of Financial Accounting Office, Financial Planning Division |
|
TEL (03) 5218-8890 | ||
Quarterly securities report issuing date: |
August 14, 2020 | |
Dividend payment date: |
- | |
Trading accounts: |
Established | |
Supplemental information for quarterly financial statements: |
Available | |
Quarterly investor meeting presentation: |
None |
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Data for the Three Months ended June 30, 2020
(1) |
Results of Operations |
(% represents the change from the same period in the previous fiscal year) | ||||||||||||||||||||||||
Ordinary Income | Ordinary Profits |
Profits Attributable to
Owners of Parent |
||||||||||||||||||||||
million yen | % | million yen | % | million yen | % | |||||||||||||||||||
For the three months ended |
||||||||||||||||||||||||
June 30, 2020 |
1,697,631 | (5.8 | ) | 277,753 | (38.4 | ) | 183,492 | (52.9 | ) | |||||||||||||||
June 30, 2019 |
1,801,365 | 9.7 | 450,847 | 7.4 | 389,193 | 23.6 |
(*) |
Comprehensive income |
June 30, 2020: 355,401 million yen, (30.1) % ; June 30, 2019: 508,310 million yen, - %
Basic earnings
per share |
Diluted earnings
per share |
|||||||
yen | yen | |||||||
For the three months ended |
||||||||
June 30, 2020 |
14.29 | 14.25 | ||||||
June 30, 2019 |
30.12 | 30.06 |
(2) |
Financial Conditions |
Total Assets |
Total Net
Assets |
Equity-to-asset
ratio (*) |
||||||||||
million yen | million yen | % | ||||||||||
As of |
||||||||||||
June 30, 2020 |
341,904,921 | 16,898,093 | 4.7 | |||||||||
March 31, 2020 |
336,571,379 | 16,855,738 | 4.8 |
(Reference) Shareholders equity as of June 30, 2020: 16,070,349 million yen; March 31, 2020: 15,990,834 million yen
(*) |
Equity-to-asset ratio is computed under the formula shown below |
(Total net assets - Subscription rights to shares - Non-controlling interests) / Total assets
2. Dividends on Common Stock
Dividends per Share | ||||||||||||||||||||
1st
quarter-end |
2nd
quarter-end |
3rd
quarter-end |
Fiscal
year-end |
Total | ||||||||||||||||
yen | yen | yen | yen | yen | ||||||||||||||||
For the fiscal year |
||||||||||||||||||||
ended March 31, 2020 |
| 12.50 | | 12.50 | 25.00 | |||||||||||||||
ending March 31, 2021 |
| |||||||||||||||||||
ending March 31, 2021 (Forecast) |
12.50 | | 12.50 | 25.00 |
(*) |
Revision of forecasts for dividends on the presentation date of this Consolidated Summary Report : None |
3. Earnings Target for the Fiscal Year ending March 31, 2021 (Consolidated)
MUFG has the target of 550.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2021. (There is no change to our earnings target released on May 15, 2020.)
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 profits attributable to owners of parent instead of a forecast of its performance.
ø Notes
(1) |
Changes in significant subsidiaries during the period: No |
(2) |
Adoption of any particular accounting methods for quarterly consolidated financial statements: No |
(3) |
Changes in accounting policies, changes in accounting estimates and restatements |
(A) Changes in accounting policies due to revision of accounting standards: No
(B) Changes in accounting policies due to reasons other than (A): No
(C) Changes in accounting estimates: No
(D) Restatements: No
(4) |
Number of common stocks outstanding at the end of the period |
(A) Total stocks outstanding including treasury stocks: |
June 30, 2020 | 13,581,995,120 shares | ||||
March 31, 2020 | 13,581,995,120 shares | |||||
(B) Treasury stocks: |
June 30, 2020 | 740,979,908 shares | ||||
March 31, 2020 | 741,363,277 shares | |||||
(C) Average outstanding stocks: |
Three months ended June 30, 2020 | 12,840,897,893 shares | ||||
Three months ended June 30, 2019 | 12,922,469,920 shares |
ø This Consolidated Summary Report (Quarterly Tanshin) is outside the scope of the external auditors quarterly review procedure.
ø Notes for using forecasted information etc.
1. |
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 companys 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. |
2. |
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. To date, we have published U.S. GAAP financial results only on a semiannual and annual basis, and currently do not expect to publish U.S. GAAP financial results for the period reported in this financial summary report. |
Mitsubishi UFJ Financial Group, Inc.
(Appendix)
Contents of Appendix
1. Consolidated Financial Statements and Notes |
2 | |||
(1) Consolidated Balance Sheets |
2 | |||
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income |
4 | |||
(3) Notes on Going-Concern Assumption |
6 | |||
(4) Notes for Material Changes in Shareholders Equity |
6 | |||
(5) Changes in Accounting Policies |
6 | |||
(6) Additional Information |
6 |
Supplemental Information:
Selected Financial Information under Japanese GAAP For the Three Months Ended June 30, 2020
1
Mitsubishi UFJ Financial Group, Inc.
1. Consolidated Financial Statements and Notes
(1) Consolidated Balance Sheets
(in millions of yen) |
As of
March 31, 2020 |
As of
June 30, 2020 |
||||||
Assets: |
||||||||
Cash and due from banks |
78,335,634 | 87,858,478 | ||||||
Call loans and bills bought |
727,598 | 504,083 | ||||||
Receivables under resale agreements |
24,104,564 | 14,922,902 | ||||||
Receivables under securities borrowing transactions |
3,464,533 | 2,804,655 | ||||||
Monetary claims bought |
6,583,403 | 6,295,837 | ||||||
Trading assets |
20,250,172 | 22,608,011 | ||||||
Money held in trust |
1,046,323 | 1,093,050 | ||||||
Securities |
65,555,127 | 66,715,618 | ||||||
Loans and bills discounted |
109,114,612 | 112,155,499 | ||||||
Foreign exchanges |
1,741,290 | 1,883,030 | ||||||
Other assets |
13,900,403 | 13,896,524 | ||||||
Tangible fixed assets |
1,319,789 | 1,313,196 | ||||||
Intangible fixed assets |
1,498,407 | 1,402,512 | ||||||
Net defined benefit assets |
712,206 | 735,396 | ||||||
Deferred tax assets |
127,516 | 131,822 | ||||||
Customers liabilities for acceptances and guarantees |
8,830,436 | 8,537,302 | ||||||
Allowance for credit losses |
(740,641 | ) | (952,998 | ) | ||||
|
|
|
|
|||||
Total assets |
336,571,379 | 341,904,921 | ||||||
|
|
|
|
|||||
Liabilities: |
||||||||
Deposits |
187,623,551 | 198,366,737 | ||||||
Negotiable certificates of deposit |
7,787,524 | 8,046,789 | ||||||
Call money and bills sold |
3,671,100 | 3,556,760 | ||||||
Payables under repurchase agreements |
31,692,711 | 27,902,474 | ||||||
Payables under securities lending transactions |
1,058,042 | 866,198 | ||||||
Commercial papers |
2,162,329 | 1,886,107 | ||||||
Trading liabilities |
14,067,826 | 14,699,982 | ||||||
Borrowed money |
24,651,574 | 24,650,092 | ||||||
Foreign exchanges |
2,223,010 | 1,810,454 | ||||||
Short-term bonds payable |
962,295 | 1,029,296 | ||||||
Bonds payable |
13,464,472 | 13,319,323 | ||||||
Due to trust accounts |
9,798,688 | 9,381,982 | ||||||
Other liabilities |
10,407,459 | 9,650,291 | ||||||
Reserve for bonuses |
110,964 | 44,158 | ||||||
Reserve for bonuses to directors |
1,446 | 780 | ||||||
Reserve for stocks payment |
11,298 | 11,071 | ||||||
Net defined benefit liabilities |
86,547 | 83,103 | ||||||
Reserve for retirement benefits to directors |
1,058 | 793 | ||||||
Reserve for loyalty award credits |
31,247 | 34,388 | ||||||
Reserve for contingent losses |
206,029 | 208,715 | ||||||
Reserves under special laws |
4,269 | 4,378 | ||||||
Deferred tax liabilities |
754,111 | 809,912 | ||||||
Deferred tax liabilities for land revaluation |
107,641 | 105,731 | ||||||
Acceptances and guarantees |
8,830,436 | 8,537,302 | ||||||
|
|
|
|
|||||
Total liabilities |
319,715,640 | 325,006,828 | ||||||
|
|
|
|
2
Mitsubishi UFJ Financial Group, Inc.
(in millions of yen) |
As of
March 31, 2020 |
As of
June 30, 2020 |
||||||
Net assets: |
||||||||
Capital stock |
2,141,513 | 2,141,513 | ||||||
Capital surplus |
980,102 | 977,298 | ||||||
Retained earnings |
10,855,798 | 10,762,262 | ||||||
Treasury stock |
(505,518 | ) | (505,280 | ) | ||||
|
|
|
|
|||||
Total shareholders equity |
13,471,894 | 13,375,793 | ||||||
|
|
|
|
|||||
Net unrealized gains (losses) on available-for-sale securities |
2,066,363 | 2,378,163 | ||||||
Net deferred gains (losses) on hedging instruments |
189,342 | 205,654 | ||||||
Land revaluation excess |
158,633 | 154,401 | ||||||
Foreign currency translation adjustments |
300,838 | 50,057 | ||||||
Remeasurements of defined benefit plans |
(159,766 | ) | (153,646 | ) | ||||
Debt value adjustments of foreign subsidiaries and affiliates |
(36,470 | ) | 59,924 | |||||
|
|
|
|
|||||
Total accumulated other comprehensive income |
2,518,940 | 2,694,555 | ||||||
|
|
|
|
|||||
Subscription rights to shares |
59 | | ||||||
Non-controlling interests |
864,844 | 827,743 | ||||||
|
|
|
|
|||||
Total net assets |
16,855,738 | 16,898,093 | ||||||
|
|
|
|
|||||
Total liabilities and net assets |
336,571,379 | 341,904,921 | ||||||
|
|
|
|
3
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 three months
ended June 30, 2019 |
For the three months
ended June 30, 2020 |
||||||
Ordinary income |
1,801,365 | 1,697,631 | ||||||
Interest income |
976,834 | 764,995 | ||||||
Interest on loans and bills discounted |
597,670 | 508,898 | ||||||
Interest and dividends on securities |
159,904 | 113,704 | ||||||
Trust fees |
31,378 | 36,796 | ||||||
Fees and commissions |
361,812 | 348,711 | ||||||
Trading income |
59,565 | 115,423 | ||||||
Other operating income |
146,378 | 330,146 | ||||||
Other ordinary income |
225,395 | 101,558 | ||||||
Ordinary expenses |
1,350,518 | 1,419,877 | ||||||
Interest expenses |
532,575 | 295,994 | ||||||
Interest on deposits |
175,927 | 93,811 | ||||||
Fees and commissions |
57,917 | 55,757 | ||||||
Other operating expenses |
29,770 | 166,480 | ||||||
General and administrative expenses |
667,701 | 688,686 | ||||||
Other ordinary expenses |
62,553 | 212,958 | ||||||
|
|
|
|
|||||
Ordinary profits |
450,847 | 277,753 | ||||||
|
|
|
|
|||||
Extraordinary gains |
34,278 | 8,927 | ||||||
Gains on disposition of fixed assets |
1,921 | 8,927 | ||||||
Reversal of reserve for contingent liabilities from financial instruments transactions |
1 | | ||||||
Gains on sales of shares of subsidiaries |
30,249 | | ||||||
Gains on step acquisitions |
2,105 | | ||||||
Extraordinary losses |
26,694 | 22,845 | ||||||
Losses on disposition of fixed assets |
1,567 | 1,643 | ||||||
Losses on impairment of fixed assets |
2,536 | 4,512 | ||||||
Provision for reserve for contingent liabilities from financial intruments transactions |
| 108 | ||||||
Losses on change in equity |
21,311 | 16,580 | ||||||
Losses on sales of shares of affiliates |
1,279 | | ||||||
|
|
|
|
|||||
Profits before income taxes |
458,431 | 263,836 | ||||||
|
|
|
|
|||||
Income taxes-current |
56,635 | 95,641 | ||||||
Income taxes-deferred |
(11,918 | ) | (32,760 | ) | ||||
|
|
|
|
|||||
Total taxes |
44,716 | 62,881 | ||||||
|
|
|
|
|||||
Profits |
413,714 | 200,954 | ||||||
|
|
|
|
|||||
Profits attributable to non-controlling interests |
24,521 | 17,462 | ||||||
|
|
|
|
|||||
Profits attributable to owners of parent |
389,193 | 183,492 | ||||||
|
|
|
|
4
Mitsubishi UFJ Financial Group, Inc.
Consolidated Statements of Comprehensive Income
(in millions of yen) |
For the three months
ended June 30, 2019 |
For the three months
ended June 30, 2020 |
||||||
Profits |
413,714 | 200,954 | ||||||
Other comprehensive income |
||||||||
Net unrealized gains (losses) on available-for-sale securities |
61,211 | 278,183 | ||||||
Net deferred gains (losses) on hedging instruments |
50,922 | 16,602 | ||||||
Land revaluation excess |
36 | | ||||||
Foreign currency translation adjustments |
(13,943 | ) | (252,646 | ) | ||||
Remeasurements of defined benefit plans |
(7,819 | ) | 5,443 | |||||
Share of other comprehensive income of associates accounted for using equity method |
4,190 | 106,863 | ||||||
|
|
|
|
|||||
Total other comprehensive income |
94,596 | 154,446 | ||||||
|
|
|
|
|||||
Comprehensive income |
508,310 | 355,401 | ||||||
|
|
|
|
|||||
(Comprehensive income attributable to) |
||||||||
Comprehensive income attributable to owners of parent |
478,465 | 364,293 | ||||||
Comprehensive income attributable to non-controlling interests |
29,845 | (8,891 | ) |
5
Mitsubishi UFJ Financial Group, Inc.
(3) Notes on Going-Concern Assumption
None.
(4) Notes for Material Changes in Shareholders Equity
None.
(5) Changes in Accounting Policies
(Additional Information)
(Adoption of Accounting Standard for Fair Value Measurement)
Accounting Standard Board of Japan (ASBJ) Statement No. 30, Accounting Standard for Fair Value Measurement (ASBJ, July 4, 2019; hereinafter referred to as Accounting Standard for Fair Value Measurement) and ASBJ Guidance No. 31, Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ, July 4, 2019), have been applied since the end of the previous fiscal year. In accordance with Paragraph 8 of the Accounting Standard for Fair Value Measurement, the risk adjustment method applied to determine the fair value of derivatives was modified to use as much as possible observable inputs estimated by reference to derivatives and other instruments traded in the market. This modification was made due to the application of the Accounting Standard for Fair Value Measurement. In accordance with the transitional measures set forth in Paragraph 20 of the Accounting Standard for Fair Value Measurement, the cumulative effect of retroactively applying the new accounting policy prior to the beginning of the previous fiscal year was recognized as adjustments to retained earnings at the beginning of the previous fiscal year, and the new accounting policy was applied as of the beginning of the previous fiscal year as a change in MUFGs accounting policies.
Accordingly, the consolidated financial statements as of and for the quarter ended June 30, 2019 reflect the retroactive application of the new accounting policy.
The retroactive application of the new accounting policy resulted in a decrease of ¥2,652 million in each of ordinary profits and profits before income taxes for the first quarter of the previous fiscal year. In addition, the balance of retained earnings as of the beginning of the previous fiscal year decreased by ¥20,533 million due to the cumulative effect of the retroactive application of the new accounting policy on net assets as of the beginning of the previous fiscal year.
(Adoption of U.S. Accounting Standards Update (ASU) 2016-13, Measurement of Credit Losses on Financial Instruments)
Certain overseas subsidiaries which apply Generally Accepted Accounting Principles in the United States (U.S. GAAP) adopted ASU2016-13, Measurement of Credit Losses on Financial Instruments from the beginning of the three months ended June 30, 2020. This update replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses, and full lifetime expected credit losses will be recognized upon initial recognition of a financial asset measured on an amortized cost basis by taking into account certain forecasted information such as macroeconomic indicators. In adopting the accounting standard, retained earnings were adjusted for the cumulative effect at the beginning of the three months ended June 30, 2020.
As a result, at the beginning of the three months ended June 30, 2020, allowance for credit losses increased by ¥172,363 million and retained earnings decreased by ¥118,374 million.
(Estimated impact of the COVID-19 pandemic relating to provision for credit losses)
MUFG Bank, Ltd. (the Bank), a major consolidated subsidiary of MUFG, and some of the Banks consolidated subsidiaries, recorded a provision for credit losses of ¥39,428 million by estimating the impact of the COVID-19 pandemic on credit risk, to the extent that such impact was considered not to have been reflected in the borrowers financial information, considering the expected impact of the pandemic on the borrowers financial performance and on the overall economic environment.
The process for preparing the recorded provision amount involved, among other things, determining the scope of borrowers (in terms of industry, geographical region, etc.) that were expected to be significantly affected, making certain assumptions relating to economic factors based on certain scenarios, and collectively estimating the degree to which the internal credit ratings assigned to borrowers in particular industries or geographic regions would be downgraded.
Since there was no precedent or established market view regarding the extent of the pandemic or the timing of containment of the pandemic available for reference, the Bank and some of its consolidated subsidiaries made certain assumptions, including that economic conditions recovering to the calendar 2019 level by some time around the end of calendar 2020 globally, and estimated the amount, as best as they could under the circumstances, based on, among other things, such assumptions, information available from external sources, and the approval of the appropriate management decision-making body given in accordance with prescribed internal rules.
6
Mitsubishi UFJ Financial Group, Inc.
For the three-month period ended June 30, 2020, the assumptions for making estimates relating to provision for credit losses remained substantially unchanged because the observable changes subsequent to the end of the previous fiscal year in the factors and circumstances underlying the assumptions were not sufficient to cause such change in the assumptions. However, these assumptions are highly uncertain, and significant additional provision for credit losses may be recognized for the six- month period ending September 30, 2020 and subsequent reporting periods due to developments affecting the impact of the COVID-19 pandemic on the financial performance of borrowers and other transaction counterparties or on the economic environment.
(Major overseas subsidiaries credit costs which are expected to be reflected in MUFGs consolidated financial statements as of and for the second quarter of the fiscal year ending March 31, 2021)
Major overseas subsidiaries which were consolidated based on their financial statements as of and for the quarter ended March 31, 2020 adopted ASU 2016-13, Measurement of Credit Losses on Financial Instruments, the new guidance that introduced the concept of current expected credit loss, as of the beginning of the first quarter of the fiscal year ending December 31, 2020. As a result, these subsidiaries record provision for allowance for credit losses by taking into account certain forecasted information such as macroeconomic indicators.
Under the new guidance, mainly due to the deterioration in forecasted economic indicators and the credit quality of borrowers and other transaction counterparties due to the COVID-19 pandemic, it is currently estimated that the subsidiaries credit costs (provision for allowance for credit losses, write-offs of loans and provision for reserve for contingent losses) increased for the quarter ended June 30, 2020 and will be expected approximately ¥100 billion in total based on the current estimate. The subsidiaries credit costs for the quarter ended June 30, 2020 will be reflected in MUFGs consolidated financial statements as of and for the quarter ending September 30, 2020.
7
Selected Financial Information
under Japanese GAAP
For the Three Months Ended June 30, 2020
Mitsubishi UFJ Financial Group, Inc. |
|
Mitsubishi UFJ Financial Group, Inc.
[Contents]
1. Financial Results |
[MUFG Consolidated]*1 [BK and TB Combined]*2*3*4 [BK Non-consolidated][TB Non-consolidated] |
1 | ||||
2. Non Performing Loans Based on the Financial Reconstruction Law |
[BK and TB Combined including Trust Account] [BK Non-consolidated][TB Non-consolidated] [TB Non-consolidated : Trust Account] |
5 | ||||
3. Securities |
[MUFG Consolidated] [BK Non-consolidated][TB Non-consolidated] |
6 | ||||
4. ROE |
[MUFG Consolidated] |
9 | ||||
5. Average Interest Rate Spread |
[BK and TB Combined] [BK Non-consolidated ][TB Non-consolidated] |
10 | ||||
6. Loans and Deposits |
[BK and TB Combined] [BK Non-consolidated][TB Non-consolidated] |
11 | ||||
7. Statements of Trust Assets and Liabilities |
[TB Non-consolidated] |
12 |
(*1) |
MUFG means Mitsubishi UFJ Financial Group, Inc. |
(*2) |
BK means MUFG Bank, Ltd. |
(*3) |
TB means Mitsubishi UFJ Trust and Banking Corporation. |
(*4) |
BK and TB Combined means simple sum of BK and TB without consolidation processes. |
Note:
Accounting Standard Board of Japan (ASBJ) Statement No. 30, Accounting Standard for Fair Value Measurement and ASBJ Guidance No. 31, Implementation Guidance on Accounting Standard for Fair Value Measurement have been applied since the end of the previous fiscal year.
Accordingly, the financial information of MUFG, BK and TB Combined and BK, for the three months ended June 30, 2019 reflect the retroactive application of the new accounting standard, etc.
Mitsubishi UFJ Financial Group, Inc.
MUFG Consolidated
(in millions of yen) | ||||||||||||
For the three months ended |
Increase
(Decrease) (A) - (B) |
|||||||||||
June 30, 2020
(A) |
June 30, 2019
(B) |
|||||||||||
Gross profits |
1,077,890 | 955,751 | 122,139 | |||||||||
Gross profits before credit costs for trust accounts |
1,077,890 | 955,751 | 122,139 | |||||||||
Net interest income |
469,051 | 444,303 | 24,747 | |||||||||
Trust fees |
36,796 | 31,378 | 5,417 | |||||||||
Credit costs for trust accounts (1) |
| | | |||||||||
Net fees and commissions |
292,953 | 303,895 | (10,941 | ) | ||||||||
Net trading profits |
115,423 | 59,565 | 55,857 | |||||||||
Net other operating profits |
163,665 | 116,608 | 47,056 | |||||||||
Net gains (losses) on debt securities |
165,925 | 85,205 | 80,719 | |||||||||
General and administrative expenses |
678,784 | 670,067 | 8,716 | |||||||||
Amortization of goodwill |
3,864 | 4,495 | (630 | ) | ||||||||
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill |
402,971 | 290,179 | 112,791 | |||||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses |
399,106 | 285,684 | 113,422 | |||||||||
Provision for general allowance for credit losses (2) |
(53,060 | ) | | (53,060 | ) | |||||||
Net operating profits* |
346,046 | 285,684 | 60,361 | |||||||||
Net non-recurring gains (losses) |
(68,292 | ) | 165,162 | (233,455 | ) | |||||||
Credit costs (3) |
(106,616 | ) | (25,857 | ) | (80,758 | ) | ||||||
Losses on loan write-offs |
(40,372 | ) | (26,207 | ) | (14,165 | ) | ||||||
Provision for specific allowance for credit losses |
(60,501 | ) | | (60,501 | ) | |||||||
Other credit costs |
(5,742 | ) | 349 | (6,091 | ) | |||||||
Reversal of allowance for credit losses (4) |
| 39,366 | (39,366 | ) | ||||||||
Reversal of reserve for contingent losses included in credit costs (5) |
| 4,225 | (4,225 | ) | ||||||||
Gains on loans written-off (6) |
14,632 | 16,394 | (1,761 | ) | ||||||||
Net gains (losses) on equity securities |
6,001 | 23,928 | (17,927 | ) | ||||||||
Gains on sales of equity securities |
17,523 | 36,872 | (19,348 | ) | ||||||||
Losses on sales of equity securities |
(8,028 | ) | (8,788 | ) | 759 | |||||||
Losses on write-down of equity securities |
(3,493 | ) | (4,155 | ) | 662 | |||||||
Equity in earnings of equity method investees |
56,652 | 79,299 | (22,646 | ) | ||||||||
Other non-recurring gains (losses) |
(38,963 | ) | 27,805 | (66,768 | ) | |||||||
|
|
|
|
|
|
|||||||
Ordinary profits |
277,753 | 450,847 | (173,093 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net extraordinary gains (losses) |
(13,917 | ) | 7,584 | (21,501 | ) | |||||||
Losses on change in equity |
(16,580 | ) | (21,311 | ) | 4,730 | |||||||
Gains on sales of shares of subsidiaries |
| 30,249 | (30,249 | ) | ||||||||
Profits before income taxes |
263,836 | 458,431 | (194,595 | ) | ||||||||
Income taxes-current |
95,641 | 56,635 | 39,006 | |||||||||
Income taxes-deferred |
(32,760 | ) | (11,918 | ) | (20,841 | ) | ||||||
Total taxes |
62,881 | 44,716 | 18,164 | |||||||||
Profits |
200,954 | 413,714 | (212,759 | ) | ||||||||
Profits attributable to non-controlling interests |
17,462 | 24,521 | (7,059 | ) | ||||||||
|
|
|
|
|
|
|||||||
Profits attributable to owners of parent |
183,492 | 389,193 | (205,700 | ) | ||||||||
|
|
|
|
|
|
|||||||
Note: | ||||||||||||
* Netoperating profits = Banking subsidiaries net operating 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) |
(145,044) | 34,128 | (179,173 | ) |
1
Mitsubishi UFJ Financial Group, Inc.
BK and TB Combined
(in millions of yen) | ||||||||||||
For the three months ended |
Increase
(Decrease) (A) - (B) |
|||||||||||
June 30, 2020
(A) |
June 30, 2019
(B) |
|||||||||||
Gross profits |
594,891 | 508,120 | 86,771 | |||||||||
Gross profits before credit costs for trust accounts |
594,891 | 508,120 | 86,771 | |||||||||
Net interest income |
249,486 | 246,885 | 2,600 | |||||||||
Trust fees |
30,048 | 24,780 | 5,268 | |||||||||
Credit costs for trust accounts (1) |
| | | |||||||||
Net fees and commissions |
102,745 | 116,003 | (13,258 | ) | ||||||||
Net trading profits |
45,570 | 14,764 | 30,806 | |||||||||
Net other operating profits |
167,041 | 105,686 | 61,355 | |||||||||
Net gains (losses) on debt securities |
158,051 | 84,752 | 73,298 | |||||||||
General and administrative expenses |
336,480 | 336,876 | (396 | ) | ||||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses |
258,411 | 171,243 | 87,168 | |||||||||
Provision for general allowance for credit losses (2) |
(6,298 | ) | | (6,298 | ) | |||||||
Net operating profits |
252,112 | 171,243 | 80,869 | |||||||||
Net non-recurring gains (losses) |
(55,079 | ) | 131,715 | (186,794 | ) | |||||||
Credit costs (3) |
(33,451 | ) | (1,589 | ) | (31,862 | ) | ||||||
Losses on loan write-offs |
(7,143 | ) | (2,079 | ) | (5,064 | ) | ||||||
Provision for specific allowance for credit losses |
(23,686 | ) | | (23,686 | ) | |||||||
Other credit costs |
(2,621 | ) | 489 | (3,110 | ) | |||||||
Reversal of allowance for credit losses (4) |
| 65,411 | (65,411 | ) | ||||||||
Reversal of reserve for contingent losses included in credit costs (5) |
85 | 1,935 | (1,849 | ) | ||||||||
Gains on loans written-off (6) |
1,210 | 3,630 | (2,419 | ) | ||||||||
Net gains (losses) on equity securities |
3,225 | 30,579 | (27,354 | ) | ||||||||
Gains on sales of equity securities |
16,028 | 43,623 | (27,594 | ) | ||||||||
Losses on sales of equity securities |
(7,922 | ) | (8,914 | ) | 991 | |||||||
Losses on write-down of equity securities |
(4,880 | ) | (4,129 | ) | (751 | ) | ||||||
Other non-recurring gains (losses) |
(26,149 | ) | 31,747 | (57,897 | ) | |||||||
|
|
|
|
|
|
|||||||
Ordinary profits |
197,033 | 302,958 | (105,924 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net extraordinary gains (losses) |
9,221 | (1,372 | ) | 10,593 | ||||||||
Income before income taxes |
206,255 | 301,586 | (95,331 | ) | ||||||||
Income taxes-current |
55,062 | 28,492 | 26,570 | |||||||||
Income taxes-deferred |
(7,746 | ) | 43,823 | (51,569 | ) | |||||||
Total taxes |
47,316 | 72,315 | (24,998 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net income |
158,938 | 229,270 | (70,332 | ) | ||||||||
|
|
|
|
|
|
|||||||
(Reference) |
||||||||||||
Total credit costs (1)+(2)+(3)+(4)+(5)+(6) |
(38,453 | ) | 69,387 | (107,841 | ) | |||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities |
100,359 | 86,490 | 13,869 | |||||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities and investment trusts cancellation |
104,019 | 87,086 | 16,933 |
2
Mitsubishi UFJ Financial Group, Inc.
BK Non-consolidated
(in millions of yen) | ||||||||||||
For the three months ended |
Increase
(Decrease) (A) - (B) |
|||||||||||
June 30, 2020
(A) |
June 30, 2019
(B) |
|||||||||||
Gross profits |
513,714 | 421,624 | 92,089 | |||||||||
Net interest income |
211,955 | 214,230 | (2,275 | ) | ||||||||
Net fees and commissions |
83,936 | 96,175 | (12,239 | ) | ||||||||
Net trading profits |
44,628 | 9,686 | 34,942 | |||||||||
Net other operating profits |
173,194 | 101,531 | 71,662 | |||||||||
Net gains (losses) on debt securities |
164,587 | 75,230 | 89,357 | |||||||||
General and administrative expenses |
287,061 | 289,204 | (2,142 | ) | ||||||||
Amortization of goodwill |
386 | 87 | 299 | |||||||||
Net operating profits before provision for general allowance for credit losses and amortization of goodwill |
227,038 | 132,507 | 94,531 | |||||||||
Net operating profits before provision for general allowance for credit losses |
226,652 | 132,420 | 94,232 | |||||||||
Provision for general allowance for credit losses (1) |
(6,264 | ) | | (6,264 | ) | |||||||
Net operating profits |
220,387 | 132,420 | 87,967 | |||||||||
Net non-recurring gains (losses) |
(52,983 | ) | 133,413 | (186,397 | ) | |||||||
Credit costs (2) |
(33,451 | ) | (1,581 | ) | (31,870 | ) | ||||||
Reversal of allowance for credit losses (3) |
| 65,357 | (65,357 | ) | ||||||||
Reversal of reserve for contingent losses included in credit costs (4) |
| 1,911 | (1,911 | ) | ||||||||
Gains on loans written-off (5) |
1,210 | 3,629 | (2,419 | ) | ||||||||
Net gains (losses) on equity securities |
1,848 | 30,936 | (29,088 | ) | ||||||||
Gains on sales of equity securities |
12,792 | 36,694 | (23,901 | ) | ||||||||
Losses on sales of equity securities |
(7,844 | ) | (2,240 | ) | (5,604 | ) | ||||||
Losses on write-down of equity securities |
(3,099 | ) | (3,517 | ) | 417 | |||||||
Other non-recurring gains (losses) |
(22,590 | ) | 33,158 | (55,749 | ) | |||||||
|
|
|
|
|
|
|||||||
Ordinary profits |
167,403 | 265,833 | (98,429 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net extraordinary gains (losses) |
8,844 | (1,665 | ) | 10,510 | ||||||||
Income before income taxes |
176,248 | 264,168 | (87,919 | ) | ||||||||
Income taxes-current |
55,746 | 29,247 | 26,499 | |||||||||
Income taxes-deferred |
(12,307 | ) | 37,600 | (49,907 | ) | |||||||
Total taxes |
43,439 | 66,847 | (23,408 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net income |
132,809 | 197,320 | (64,511 | ) | ||||||||
|
|
|
|
|
|
|||||||
(Reference) |
||||||||||||
Total credit costs (1)+(2)+(3)+(4)+(5) |
(38,505 | ) | 69,318 | (107,824 | ) | |||||||
Provision for general allowance for credit losses |
(6,264 | ) | (1,105 | ) | (5,159 | ) | ||||||
Provision for special allowance for credit losses |
(23,686 | ) | 66,425 | (90,112 | ) | |||||||
Allowance for credit to specific foreign borrowers |
37 | 37 | (0 | ) | ||||||||
Losses on loans write-off |
(7,143 | ) | (2,070 | ) | (5,073 | ) | ||||||
Provision for contingent losses included in credit costs |
(2,676 | ) | 1,911 | (4,588 | ) | |||||||
Gains on loans written-off |
1,210 | 3,629 | (2,419 | ) | ||||||||
Losses on sales of other loans, etc. |
17 | 489 | (471 | ) | ||||||||
Net operating profits before provision for general allowance for credit losses, excluding net gains (losses) on debt securities |
62,064 | 57,189 | 4,874 | |||||||||
Net operating profits before provision for general allowance for credit losses, excluding net gains (losses) on debt securities and investment trusts cancellation |
62,168 | 56,367 | 5,800 |
3
Mitsubishi UFJ Financial Group, Inc.
TB Non-consolidated
(in millions of yen) | ||||||||||||
For the three months ended |
Increase
(Decrease) (A) - (B) |
|||||||||||
June 30, 2020
(A) |
June 30, 2019
(B) |
|||||||||||
Gross profits |
81,177 | 86,495 | (5,317 | ) | ||||||||
Gross profits before credit costs for trust accounts |
81,177 | 86,495 | (5,317 | ) | ||||||||
Trust fees |
30,048 | 24,780 | 5,268 | |||||||||
Credit costs for trust accounts (1) |
| | | |||||||||
Net interest income |
37,530 | 32,655 | 4,875 | |||||||||
Net fees and commissions |
18,809 | 19,827 | (1,018 | ) | ||||||||
Net trading profits |
941 | 5,077 | (4,136 | ) | ||||||||
Net other operating profits |
(6,152 | ) | 4,154 | (10,307 | ) | |||||||
Net gains (losses) on debt securities |
(6,536 | ) | 9,522 | (16,058 | ) | |||||||
General and administrative expenses |
49,418 | 47,672 | 1,746 | |||||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses |
31,758 | 38,822 | (7,063 | ) | ||||||||
Provision for general allowance for credit losses (2) |
(33 | ) | | (33 | ) | |||||||
Net operating profits |
31,725 | 38,822 | (7,097 | ) | ||||||||
Net non-recurring gains (losses) |
(2,095 | ) | (1,698 | ) | (397 | ) | ||||||
Credit costs (3) |
| (8 | ) | 8 | ||||||||
Reversal of allowance for credit losses (4) |
| 53 | (53 | ) | ||||||||
Reversal of reserve for contingent losses included in credit costs (5) |
85 | 23 | 62 | |||||||||
Gains on loans written-off (6) |
| 0 | (0 | ) | ||||||||
Net gains (losses) on equity securities |
1,377 | (356 | ) | 1,734 | ||||||||
Gains on sales of equity securities |
3,236 | 6,929 | (3,693 | ) | ||||||||
Losses on sales of equity securities |
(78 | ) | (6,674 | ) | 6,596 | |||||||
Losses on write-down of equity securities |
(1,780 | ) | (611 | ) | (1,169 | ) | ||||||
Other non-recurring gains (losses) |
(3,558 | ) | (1,410 | ) | (2,147 | ) | ||||||
|
|
|
|
|
|
|||||||
Ordinary profits |
29,629 | 37,124 | (7,495 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net extraordinary gains (losses) |
376 | 292 | 83 | |||||||||
Income before income taxes |
30,006 | 37,417 | (7,411 | ) | ||||||||
Income taxes-current |
(683 | ) | (755 | ) | 71 | |||||||
Income taxes-deferred |
4,561 | 6,223 | (1,662 | ) | ||||||||
Total taxes |
3,877 | 5,467 | (1,590 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net income |
26,128 | 31,949 | (5,820 | ) | ||||||||
|
|
|
|
|
|
|||||||
(Reference) |
||||||||||||
Total credit costs (1)+(2)+(3)+(4)+(5)+(6) |
52 | 69 | (17 | ) | ||||||||
Credit costs for trust accounts |
| | | |||||||||
Provision for general allowance for credit losses |
(33 | ) | 52 | (86 | ) | |||||||
Provision for special allowance for credit losses |
| 1 | (1 | ) | ||||||||
Allowance for credit to specific foreign borrowers |
| | | |||||||||
Losses on loans write-offs |
| (8 | ) | 8 | ||||||||
Provision for contingent losses included in credit costs |
85 | 23 | 62 | |||||||||
Gains on loans written-off |
| 0 | (0 | ) | ||||||||
Losses on sales of other loans, etc. |
| | | |||||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities |
38,295 | 29,300 | 8,994 | |||||||||
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities and investment trusts cancellation |
41,851 | 30,719 | 11,132 |
4
Mitsubishi UFJ Financial Group, Inc.
2. Non Performing Loans Based on the Financial Reconstruction Law
BK and TB Combined including Trust Account
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Bankrupt or De facto Bankrupt |
160,587 | 121,990 | ||||||
Doubtful |
329,580 | 310,975 | ||||||
Special Attention |
221,966 | 221,271 | ||||||
Non Performing Loans |
712,134 | 654,237 | ||||||
Total loans |
103,467,187 | 100,608,268 | ||||||
Non Performing Loans / Total loans |
0.68 | % | 0.65 | % | ||||
BK Non-consolidated
|
||||||||
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Bankrupt or De facto Bankrupt |
160,538 | 121,940 | ||||||
Doubtful |
327,300 | 308,695 | ||||||
Special Attention |
221,966 | 221,271 | ||||||
Non Performing Loans |
709,805 | 651,907 | ||||||
Total loans |
99,390,300 | 96,406,813 | ||||||
Non Performing Loans / Total loans |
0.71 | % | 0.67 | % | ||||
TB Non-consolidated
|
||||||||
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Bankrupt or De facto Bankrupt |
49 | 49 | ||||||
Doubtful |
2,275 | 2,275 | ||||||
Special Attention |
| | ||||||
Non Performing Loans |
2,325 | 2,325 | ||||||
Total loans |
4,069,164 | 4,189,169 | ||||||
Non Performing Loans / Total loans |
0.05 | % | 0.05 | % | ||||
TB Non-consolidated: Trust Account
|
||||||||
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Bankrupt or De facto Bankrupt |
0 | 0 | ||||||
Doubtful |
3 | 3 | ||||||
Special Attention |
| | ||||||
Non Performing Loans |
3 | 3 | ||||||
Total loans |
7,723 | 12,285 | ||||||
Non Performing Loans / Total loans |
0.04 | % | 0.03 | % |
5
Mitsubishi UFJ Financial Group, Inc.
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.
(in millions of yen) | ||||||||||||||||
As of June 30, 2020 | As of March 31, 2020 | |||||||||||||||
Amount on
consolidated balance sheet |
Unrealized
gains (losses) |
Amount on
consolidated balance sheet |
Unrealized
gains (losses) |
|||||||||||||
Debt securities being held to maturity |
4,060,434 | 46,595 | 4,165,781 | 12,113 | ||||||||||||
(in millions of yen) | ||||||||||||||||
As of June 30, 2020 | As of March 31, 2020 | |||||||||||||||
Amount on
consolidated balance sheet |
Unrealized
gains (losses) |
Amount on
consolidated balance sheet |
Unrealized
gains (losses) |
|||||||||||||
Available-for-sale securities |
63,189,465 | 3,337,855 | 62,151,189 | 2,888,631 | ||||||||||||
Domestic equity securities |
4,523,119 | 2,537,699 | 4,141,355 | 2,139,981 | ||||||||||||
Domestic bonds |
31,373,885 | 170,758 | 27,473,106 | 171,378 | ||||||||||||
Other |
27,292,461 | 629,397 | 30,536,727 | 577,271 | ||||||||||||
Foreign equity securities |
76,468 | 13,936 | 79,521 | 12,671 | ||||||||||||
Foreign bonds |
21,791,924 | 659,130 | 24,502,462 | 738,144 | ||||||||||||
Other |
5,424,068 | (43,669 | ) | 5,954,743 | (173,544 | ) |
6
Mitsubishi UFJ Financial Group, Inc.
BK 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.
(in millions of yen) | ||||||||||||||||
As of June 30, 2020 | As of March 31, 2020 | |||||||||||||||
Amount on
balance sheet |
Unrealized
gains (losses) |
Amount on
balance sheet |
Unrealized
gains (losses) |
|||||||||||||
Debt securities being held to maturity |
1,926,621 | 20,810 | 1,944,533 | 18,785 | ||||||||||||
Stocks of subsidiaries and affiliates |
625,594 | 144,493 | 627,818 | (17,184 | ) | |||||||||||
(in millions of yen) | ||||||||||||||||
As of June 30, 2020 | As of March 31, 2020 | |||||||||||||||
Amount on
balance sheet |
Unrealized
gains (losses) |
Amount on
balance sheet |
Unrealized
gains (losses) |
|||||||||||||
Available-for-sale securities |
47,270,441 | 2,239,669 | 46,321,585 | 1,991,487 | ||||||||||||
Domestic equity securities |
3,692,648 | 1,978,180 | 3,374,636 | 1,651,395 | ||||||||||||
Domestic bonds |
29,463,521 | 159,532 | 25,770,967 | 154,064 | ||||||||||||
Other |
14,114,271 | 101,955 | 17,175,981 | 186,027 | ||||||||||||
Foreign equity securities |
53,759 | 6,894 | 53,695 | 6,530 | ||||||||||||
Foreign bonds |
11,526,830 | 154,886 | 13,997,325 | 370,202 | ||||||||||||
Other |
2,533,681 | (59,825 | ) | 3,124,961 | (190,704 | ) |
7
Mitsubishi UFJ Financial Group, Inc.
TB Non-consolidated
The tables include beneficiary rights to the trust in Monetary claims bought in addition to Securities.
(in millions of yen) | ||||||||||||||||
As of June 30, 2020 | As of March 31, 2020 | |||||||||||||||
Amount on
balance sheet |
Unrealized
gains (losses) |
Amount on
balance sheet |
Unrealized
gains (losses) |
|||||||||||||
Debt securities being held to maturity |
1,053,089 | (8,055 | ) | 1,059,871 | (15,289 | ) | ||||||||||
Stocks of subsidiaries and affiliates |
50,383 | (795 | ) | 28,482 | (1,873 | ) | ||||||||||
(in millions of yen) | ||||||||||||||||
As of June 30, 2020 | As of March 31, 2020 | |||||||||||||||
Amount on
balance sheet |
Unrealized
gains (losses) |
Amount on
balance sheet |
Unrealized
gains (losses) |
|||||||||||||
Available-for-sale securities |
11,123,690 | 878,832 | 10,698,869 | 727,878 | ||||||||||||
Domestic equity securities |
868,846 | 498,031 | 807,271 | 432,023 | ||||||||||||
Domestic bonds |
1,889,182 | 10,221 | 1,710,778 | 16,171 | ||||||||||||
Other |
8,365,662 | 370,578 | 8,180,820 | 279,683 | ||||||||||||
Foreign equity securities |
47 | 38 | 44 | 35 | ||||||||||||
Foreign bonds |
6,723,286 | 347,258 | 6,616,153 | 262,471 | ||||||||||||
Other |
1,642,328 | 23,281 | 1,564,622 | 17,176 |
8
Mitsubishi UFJ Financial Group, Inc.
MUFG Consolidated
(%) | ||||||||
For the three months
ended June 30, 2020 |
For the three months
ended June 30, 2019 |
|||||||
ROE |
5.39 | 11.32 |
Note:
ROE is computed as follows:
Profits attributable to owners of parent × 4 |
×100 |
|
{(Total shareholders equity at the beginning of the period + Foreign currency translation adjustments at the beginning of the period) + (Total shareholders equity at the end of the period + Foreign currency translation adjustments at the end of the period)} / 2 |
9
Mitsubishi UFJ Financial Group, Inc.
5. Average Interest Rate Spread
BK and TB Combined
(Domestic business segment) |
(percentage per annum) | |||||||
For the three months
ended June 30, 2020 |
For the three months
ended June 30, 2019 |
|||||||
Average interest rate on loans and bills discounted |
0.71 | 0.75 | ||||||
Average interest rate on deposits and NCD |
0.00 | 0.00 | ||||||
Interest rate spread |
0.70 | 0.74 | ||||||
(After excluding loans to the Japanese government and governmental organizations) |
||||||||
Average interest rate on loans and bills discounted |
0.75 | 0.80 | ||||||
Interest rate spread |
0.74 | 0.79 | ||||||
BK Non-consolidated | ||||||||
(Domestic business segment) | (percentage per annum) | |||||||
For the three months
ended June 30, 2020 |
For the three months
ended June 30, 2019 |
|||||||
Average interest rate on loans and bills discounted |
0.73 | 0.78 | ||||||
Average interest rate on deposits and NCD |
0.00 | 0.00 | ||||||
Interest rate spread |
0.72 | 0.77 | ||||||
(After excluding loans to the Japanese government and governmental organizations) |
||||||||
Average interest rate on loans and bills discounted |
0.75 | 0.80 | ||||||
Interest rate spread |
0.75 | 0.80 | ||||||
TB Non-consolidated | ||||||||
(Domestic business segment) | (percentage per annum) | |||||||
For the three months
ended June 30, 2020 |
For the three months
ended June 30, 2019 |
|||||||
Average interest rate on loans and bills discounted |
0.31 | 0.35 | ||||||
Average interest rate on deposits and NCD |
0.03 | 0.03 | ||||||
Interest rate spread |
0.28 | 0.31 | ||||||
(After excluding loans to the Japanese government and governmental organizations) |
||||||||
Average interest rate on loans and bills discounted |
0.63 | 0.66 | ||||||
Interest rate spread |
0.60 | 0.62 |
10
Mitsubishi UFJ Financial Group, Inc.
BK and TB Combined
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Deposits (ending balance) |
179,731,159 | 169,384,048 | ||||||
Deposits (average balance) |
177,525,768 | 166,255,886 | ||||||
Loans (ending balance) |
95,615,269 | 92,339,389 | ||||||
Loans (average balance) |
96,577,475 | 91,531,796 | ||||||
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Domestic deposits (ending balance)* |
155,013,512 | 145,903,208 | ||||||
Individuals |
81,905,255 | 79,317,655 |
Note:
* |
Amounts do not include negotiable certificates of deposit and JOM accounts. |
BK Non-consolidated
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Deposits (ending balance) |
168,819,529 | 158,248,564 | ||||||
Deposits (average balance) |
166,457,570 | 154,468,309 | ||||||
Loans (ending balance) |
91,643,928 | 88,258,295 | ||||||
Loans (average balance) |
92,564,219 | 87,207,107 | ||||||
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Domestic deposits (ending balance)* |
145,438,741 | 136,155,699 | ||||||
Individuals |
75,004,141 | 72,414,615 |
Note:
* |
Amounts do not include negotiable certificates of deposit and JOM accounts. |
TB Non-consolidated
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Deposits (ending balance) |
10,911,629 | 11,135,484 | ||||||
Deposits (average balance) |
11,068,197 | 11,787,576 | ||||||
Loans (ending balance) |
3,971,341 | 4,081,093 | ||||||
Loans (average balance) |
4,013,255 | 4,324,689 | ||||||
(in millions of yen) | ||||||||
As of
June 30, 2020 |
As of
March 31, 2020 |
|||||||
Domestic deposits (ending balance)* |
9,574,770 | 9,747,508 | ||||||
Individuals |
6,901,114 | 6,903,040 |
Note:
* |
Amounts do not include negotiable certificates of deposit and JOM accounts. |
11
Mitsubishi UFJ Financial Group, Inc.
7. Statements of Trust Assets and Liabilities
TB Non-consolidated
Including trust assets under service-shared co-trusteeship
(in millions of yen) |
As of
March 31, 2020 |
As of
June 30, 2020 |
||||||
Assets: |
||||||||
Loans and bills discounted |
359,832 | 333,146 | ||||||
Securities |
57,931,822 | 57,641,089 | ||||||
Beneficiary rights to the trust |
87,938,640 | 89,700,220 | ||||||
Securities held in custody accounts |
3,798,591 | 4,319,643 | ||||||
Monetary claims |
22,272,297 | 22,730,205 | ||||||
Tangible fixed assets |
15,875,747 | 16,181,581 | ||||||
Intangible fixed assets |
135,543 | 135,729 | ||||||
Other claims |
3,759,125 | 3,344,639 | ||||||
Call loans |
1,147,427 | 696,538 | ||||||
Due from banking account |
8,980,934 | 8,524,078 | ||||||
Cash and due from banks |
5,284,528 | 5,688,660 | ||||||
|
|
|
|
|||||
Total |
207,484,491 | 209,295,533 | ||||||
|
|
|
|
|||||
Liabilities: |
||||||||
Money trusts |
25,711,403 | 25,317,922 | ||||||
Pension trusts |
11,700,334 | 11,541,566 | ||||||
Property formation benefit trusts |
6,842 | 6,825 | ||||||
Investment trusts |
92,086,729 | 93,619,208 | ||||||
Money entrusted other than money trusts |
4,939,720 | 4,972,203 | ||||||
Securities trusts |
6,631,349 | 6,858,615 | ||||||
Monetary claim trusts |
20,301,045 | 20,849,557 | ||||||
Equipment trusts |
90,563 | 104,569 | ||||||
Land and fixtures trusts |
42,300 | 42,255 | ||||||
Composite trusts |
45,974,200 | 45,982,810 | ||||||
|
|
|
|
|||||
Total |
207,484,491 | 209,295,533 | ||||||
|
|
|
|
Note: | 1. | The table shown above includes master trust assets under the service-shared co-trusteeship between TB and The Master Trust Bank of Japan, Ltd. | ||
2. | Trust assets and liabilities under a declaration of trust excluded from above table are 850,748 millions of yen as of March 31, 2020 and 884,746 millions of yen as of June 30, 2020, respectively. |
12