Mitsubishi UFJ Financial : Consolidated Summary Report for the Fiscal Year Ended March 31, 2017 (under US GAAP)

For the Fiscal Year Ended March 31, 2017

Date: July 18, 2017

Company name (code number): Mitsubishi UFJ Financial Group, Inc. (8306)

(URL http://www.mufg.jp/)

Stock exchange listings: Tokyo, Nagoya, New York

Representative: Nobuyuki Hirano, President & Group CEO

For inquiry: Kazutaka Yoneda, General Manager-Financial Planning Division / Financial Accounting Office (Phone) +81-3-3240-3110

Consolidated financial data for the fiscal year ended March 31, 2017

1. Operating results

   (in millions of yen, except per share data)

   For the fiscal years ended March 31,
   2017	2016
   Total revenue	4,187,473	5,413,428
   Income before income tax expense	272,543	1,162,670
   Net income attributable to Mitsubishi UFJ Financial Group	202,680	802,332
   Basic earnings per common share - Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group (in yen)	14.93	57.78
   Diluted earnings per common share - Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group (in yen)	14.68	57.51

   Notes:

2. Comprehensive income attributable to Mitsubishi UFJ Financial Group for the fiscal years ended March 31, 2017 and 2016 were

   ￥178,971 million and ￥41,921 million, respectively.

3. Average number of shares outstanding (in thousands of shares)

4. For the fiscal years ended March 31,
   2017	2016
   Common stock	13,574,314	13,885,842

5. Financial condition

   (in millions of yen)

   As of March 31,
   2017	2016
   Total assets	297,185,019	292,557,355
   Total Mitsubishi UFJ Financial Group shareholders' equity	13,985,532	14,270,625

6. Cash flows

7. (in millions of yen)

   For the fiscal years ended March 31,
   2017	2016
   Net cash provided by operating activities	685,194	4,181,040
   Net cash provided by (used in) investing activities	7,248,335	(12,994,976)
   Net cash provided by financing activities	9,145,300	14,168,679
   Cash and cash equivalents at end of period	25,682,741	8,656,322

   This report is an excerpt of certain highlights from Mitsubishi UFJ Financial Group, Inc.'s consolidated financial information under U.S. GAAP included in the company's annual report on Form 20-F (the "Form 20-F") that has been filed with the U.S. Securities and Exchange Commission. This excerpt report does not contain all of the information that may be important to you. In addition to the items highlighted in this report, the Form 20-F includes material disclosure about the company, including its business and other detailed U.S. GAAP financial information. You should read the entire Form 20-F carefully to obtain a comprehensive understanding of the company's business and U.S. GAAP financial data and related issues.

   The company's financial information for reporting in Japan and for Japanese bank regulatory purposes is prepared in accordance with Japanese GAAP. U.S. GAAP differs in certain respects from Japanese GAAP and accounting principles generally accepted in other jurisdictions.

   This report contains forward-looking statements regarding estimates, forecasts, targets and plans in relation to the results of operations, financial condition and other general management of the company (the "forward-looking statements"). The forward-looking statements are made based upon, among other things, the company's current expectations, perceptions, evaluations and opinions. In addition, in order for the company to adopt such estimates, forecasts, targets and plans regarding future events, certain assumptions have been made, which assumptions are inherently subjective and uncertain. The forward-looking statements should not be viewed as guarantees of future performance as actual results may be significantly different. For instance, the disclosures regarding provision for credit losses, valuation of financial assets and realizability of the deferred tax assets are based on assumptions and other estimates such as economic factors, the company's business plans and performance, and other factors. There exist a number of factors that may lead to uncertainties and risks, including, but not limited to, the deterioration of the Japanese and global economies, changes in borrower conditions, fluctuations in interest rates, foreign currency exchange rates, stock prices, commodities prices and real estate prices, legal proceedings, changes in the regulatory and competitive environment, malfunctions and deficiencies in our IT systems, natural disasters, cyber-attacks and other external events, and difficulties in hiring and retaining qualified employees. For the key factors that should be considered, please see the financial highlight, the Annual Securities Report, the Disclosure Book, the Annual Report, the Form 20-F and other current disclosures that the company has publicly released.

   （US GAAP）

   Mitsubishi UFJ Financial Group, Inc. and Subsidiaries

   Consolidated Balance Sheets

   As of March 31,

   (in millions of yen) 2017 2016

   Assets: Cash and due from banks	25,682,741	8,656,322
   Interest-earning deposits in other banks	38,327,029	41,017,579
   Call loans and funds sold	704,237	699,025
   Receivables under resale agreements	8,188,146	7,446,665
   Receivables under securities borrowing transactions	11,002,724	6,041,984
   Trading account assets Investment securities: Available-for-sale securities-carried at fair value	41,320,049 39,090,099	50,825,399 41,226,231
   Held-to-maturity securities-carried at amortized cost	3,587,321	3,866,668
   Other investment securities	556,161	554,715
   Total investment securities	43,233,581	45,647,614
   Loans, net of unearned income, unamortized premiums and deferred loan fees	118,214,972	122,790,958
   Allowance for credit losses	(1,182,188)	(1,111,130)
   Net loans	117,032,784	121,679,828
   Premises and equipment-net	994,271	1,005,905
   Accrued interest	281,752	325,373
   Customers' acceptance liability	156,208	132,532
   Intangible assets-net	1,020,359	1,015,150
   Goodwill	450,143	454,375
   Deferred tax assets	76,452	155,010
   Other assets	8,714,543	7,454,594
   Total assets	297,185,019	292,557,355

   Liabilities:

   Deposits:

   Domestic offices:

   Non-interest-bearing	23,098,886	20,045,780
   Interest-bearing	121,741,545	115,432,472
   Overseas offices:
   Non-interest-bearing	6,387,219	5,919,018
   Interest-bearing	39,173,973	40,040,817
   Total deposits	190,401,623	181,438,087
   Call money and funds purchased	1,974,977	1,388,589
   Payables under repurchase agreements	16,081,499	22,114,424
   Payables under securities lending transactions	5,549,004	4,710,407
   Due to trust account	3,335,155	6,338,154
   Other short-term borrowings	7,969,521	9,357,728
   Trading account liabilities	18,790,133	21,025,012
   Obligations to return securities received as collateral	3,516,232	1,919,066
   Bank acceptances outstanding	156,208	132,532
   Accrued interest	147,351	132,802
   Long-term debt	27,743,443	21,959,136
   Other liabilities	6,755,165	7,193,151
   Total liabilities	282,420,311	277,709,088

   Equity:

   Mitsubishi UFJ Financial Group shareholders' equity:

   Capital stock	2,090,270	2,090,270
   Capital surplus Retained earnings: Appropriated for legal reserve	5,956,644 239,571	5,958,929 239,571
   Unappropriated retained earnings	3,931,612	3,980,257
   Accumulated other comprehensive income, net of taxes	2,281,423	2,301,259
   Treasury stock, at cost	(513,988)	(299,661)
   Total Mitsubishi UFJ Financial Group shareholders' equity	13,985,532	14,270,625
   Noncontrolling interests	779,176	577,642
   Total equity	14,764,708	14,848,267
   Total liabilities and equity	297,185,019	292,557,355

   （US GAAP） Mitsubishi UFJ Financial Group, Inc. and Subsidiaries Consolidated Statements of Income
   For the fiscal years ended March 31,
   (in millions of yen)	2017 2016
   Interest income: Loans, including fees	2,023,649 2,054,338
   Deposits in other banks Investment securities: Interest	78,735 82,654 235,638 254,214
   Dividends	135,506 133,828
   Trading account assets	455,860 422,080
   Call loans and funds sold	11,023 10,450
   Receivables under resale agreements and securities borrowing transactions	50,356 48,174
   Total	2,990,767 3,005,738
   Interest expense: Deposits	347,430 350,335
   Call money and funds purchased	1,791 8,802
   Payables under repurchase agreements and securities lending transactions	80,598 45,201
   Due to trust account	207 505
   Other short-term borrowings and trading account liabilities	61,137 54,572
   Long-term debt	278,476 284,949
   Total	769,639 744,364
   Net interest income	2,221,128 2,261,374
   Provision for credit losses	253,688 231,862
   Net interest income after provision for credit losses	1,967,440 2,029,512
   Non-interest income: Fees and commissions income	1,414,893 1,475,872
   Foreign exchange gains (losses)-net	(134,885) 192,086
   Trading account profits (losses)-net	(639,184) 276,654
   Investment securities gains-net	281,158 232,259
   Equity in earnings of equity method investees-net	197,821 176,857
   Gains on sales of loans	13,286 12,293
   Other non-interest income	63,617 41,669
   Total	1,196,706 2,407,690
   Non-interest expense: Salaries and employee benefits	1,096,797 1,158,896
   Occupancy expenses-net	176,819 182,782
   Fees and commission expenses	273,675 285,387
   Outsourcing expenses, including data processing	258,345 244,734
   Depreciation of premises and equipment	99,774 99,680
   Amortization of intangible assets	227,942 237,342
   Impairment of intangible assets	5,803 117,726
   Insurance premiums, including deposit insurance	91,881 91,854
   Communications	55,274 58,314
   Taxes and public charges	94,047 93,734
   Impairment of goodwill	6,638 333,719
   Provision (credit) for off-balance sheet credit instruments	106,556 (185)
   Other non-interest expenses	398,052 370,549
   Total	2,891,603 3,274,532
   Income before income tax expense	272,543	1,162,670
   Income tax expense	94,453	369,432
   Net income before attribution of noncontrolling interests	178,090	793,238
   Net loss attributable to noncontrolling interests	(24,590)	(9,094)
   Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group	202,680	802,332
   (in yen)
   Earnings per common share applicable to common shareholders of Mitsubishi UFJ Financial Group:
   Basic earnings per common share-Earnings applicable to common shareholders of
   Mitsubishi UFJ Financial Group	14.93	57.78

   Diluted earnings per common share-Earnings applicable to common shareholders of

   Mitsubishi UFJ Financial Group 14.68 57.51