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Final Results

·6 min read

MUFG Bank, Ltd. announces Consolidated Summary Report

<under Japanese GAAP> for the fiscal year ended March 31, 2021

May 17, 2021

Company name:

Mitsubishi UFJ Financial Group, Inc.

Stock exchange listings:

Tokyo, Nagoya, New York

Code number:

8306

URL https://www.mufg.jp/english/

Representative:

Hironori Kamezawa, President & Group CEO

For inquiry:

Masahisa Takahashi, Managing Director, Head of Financial Accounting Office, Financial Planning Division

TEL (03) 5218-8890

General meeting of shareholders:

June 29, 2021

Dividend payment date:

June 30, 2021

Securities report issuing date:

June 29, 2021

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, 2021

(1) Results of Operations

( % represents the change from the previous fiscal year)

Ordinary Income

Ordinary Profits

Profits Attributable to
Owners of Parent

Fiscal year ended

million yen

%

million yen

%

million yen

%

March 31, 2021

6,025,336

(17.5)

1,053,610

(14.7)

777,018

47.1

March 31, 2020

7,299,078

9.0

1,235,770

(8.3)

528,151

(39.5)

(*)Comprehensive income

March 31, 2021:

1,324,655

million yen

388.0

%

;

March 31, 2020:

271,456

million yen

(60.5)

%

Basic earnings
per share

Diluted earnings
per share

Net Income to Net Assets
Attributable to
MUFG shareholders

Ordinary Profits to
Total Assets

Ordinary Profits to
Ordinary Income

Fiscal year ended

yen

yen

%

%

%

March 31, 2021

60.50

60.25

4.7

0.3

17.5

March 31, 2020

40.95

40.71

3.3

0.4

16.9

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

March 31, 2021:

321,761

million yen

;

March 31, 2020:

277,221

million yen

(2) Financial Conditions

Total Assets

Total Net Assets

Equity-to-asset ratio (*)

Total Net Assets
per Common Stock

As of

million yen

million yen

%

yen

March 31, 2021

359,473,515

17,716,257

4.7

1,308.12

March 31, 2020

336,571,379

16,855,738

4.8

1,245.33

(Reference) Shareholders’ equity as of

March 31, 2021:

16,802,572

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

(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

Fiscal year ended

million yen

million yen

million yen

million yen

March 31, 2021

34,904,946

(10,140,343)

(436,071)

102,980,711

March 31, 2020

8,060,840

(3,368,444)

(251,664)

78,335,634

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

Fiscal year

yen

yen

yen

yen

yen

million yen

%

%

ended March 31, 2020

-

12.50

-

12.50

25.00

322,909

61.0

2.0

ended March 31, 2021

-

12.50

-

12.50

25.00

321,836

41.3

2.0

ending March 31, 2022
(Forecast)

-

13.50

-

13.50

27.00

40.8

(*) 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, 2022 (Consolidated)

MUFG has set an earnings target of 850.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2022.

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.

※ Notes

(1) Changes in significant subsidiaries during the period (Changes in specified subsidiaries accompanying change in scope of consolidation): No

(2) 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

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

(A) Total stocks outstanding including treasury stocks:

March 31, 2021

13,581,995,120

shares

March 31, 2020

13,581,995,120

shares

(B) Treasury stocks:

March 31, 2021

737,192,810

shares

March 31, 2020

741,363,277

shares

(C) Average outstanding stocks:

Fiscal year ended March 31, 2021

12,843,564,013

shares

Fiscal year ended March 31, 2020

12,897,317,425

shares

*This "Consolidated Summary Report" ("Tanshin") is outside the scope of the external auditor’s audit procedure.

*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 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.

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. We will publish U.S. GAAP financial results in a separate disclosure document when such information becomes available.

Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the fiscal year ended March 31, 2020.

Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd. Please refer to MUFG's website for full information.

Contact:

MUFG Bank, Ltd.

Ken Aikawa +81-3-3240-1111

Managing Director, Head of Documentation & Corporate Secretary Department

Corporate Administration Division

View source version on businesswire.com: https://www.businesswire.com/news/home/20210517005353/en/

Contacts

MUFG Bank, Ltd.