Interim Consolidated Summary Report

For the Fiscal Year Ending March 31, 2018

Date:

January 18, 2018

Company name (code number):

Mitsubishi UFJ Financial Group, Inc. (8306)

(URLhttp://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 six months ended September 30, 2017

(1) Operating results

(in millions of yen, except per share data)

For the six months ended September 30,

2017

2016

Total revenue

2,679,565

2,717,440

Income before income tax expense

1,014,434

1,005,788

Net income attributable to Mitsubishi UFJ Financial Group

790,704

750,883

Basic earnings per common share - Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group (in yen)

59.21

55.00

Diluted earnings per common share - Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group (in yen)

59.05

54.84

Notes:

  • 1. Comprehensive income (loss) attributable to Mitsubishi UFJ Financial Group for the six months ended September 30, 2017 and 2016 were ￥1,024,023 million and ￥(73,556) million, respectively.

  • 2. Average number of shares outstanding

(2) Financial condition

(in thousands of shares)

For the six months ended September 30,

2017

2016

Common stock

13,354,885

13,652,274

(in millions of yen)

As of September 30,

As of March 31,

2017

2017

Total assets

300,400,980

297,185,019

Total Mitsubishi UFJ Financial Group shareholders' equity

14,752,184

13,985,532

(3) Cash flows

(in millions of yen)

For the six months ended September 30,

2017

2016

Net cash provided by (used in) operating activities

(1,679,873)

1,507,950

Net cash provided by investing activities

3,357,753

6,908,631

Net cash provided by financing activities

3,614,547

4,070,054

Cash and cash equivalents at end of period

30,987,492

20,973,925

This report is an excerpt of certain highlights from Mitsubishi UFJ Financial Group, Inc.'s consolidated financial information under U.S. GAAP that is included in the Company's semi-annual report on Form 6-K (the "Semi-annual U.S. GAAP Report") to be submitted to 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 Semi-annual U.S. GAAP Report includes material disclosure about the Company, including its business and other detailed U.S. GAAP financial information. You should read the entire Semi-annual U.S. GAAP Report 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 the Company's 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, Annual Securities Report, Disclosure Book, Annual Report, Form 20-F, reports on Form 6-K and other current disclosures that the Company has publicly released.

（US GAAP）

Mitsubishi UFJ Financial Group, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited)

As of September 30, As of March 31,

Equity:

Mitsubishi UFJ Financial Group shareholders' equity:

Capital stock

Capital surplus

Retained earnings:

Appropriated for legal reserve

Unappropriated retained earnings

Accumulated other comprehensive income, net of taxes

Treasury stock, at cost

Total Mitsubishi UFJ Financial Group shareholders' equity

Noncontrolling interests

Total equity

Total liabilities and equity

(in millions of yen)

2017

2017

Assets:

Cash and due from banks

30,987,492

25,682,741

Interest-earning deposits in other banks

39,128,016

38,327,029

Call loans, funds sold, and receivables under resale agreements

7,457,475

8,892,383

Receivables under securities borrowing transactions

9,838,929

11,002,724

Trading account assets

41,390,111

41,320,049

Investment securities:

Available-for-sale securities-carried at fair value

36,827,530

39,090,099

Held-to-maturity securities-carried at amortized cost

3,230,851

3,587,321

Other investment securities

555,250

556,161

Total investment securities

40,613,631

43,233,581

Loans, net of unearned income, unamortized premiums and deferred loan fees

118,235,423

118,214,972

Allowance for credit losses

(916,181)

(1,182,188)

117,319,242

117,032,784

Premises and equipment-net

1,010,133

994,271

Accrued interest

307,674

281,752

Customers' acceptance liability

140,778

156,208

Intangible assets-net

999,755

1,020,359

Goodwill

435,553

450,143

Deferred tax assets

56,738

76,452

Other assets

10,715,453

8,714,543

Total assets

300,400,980

297,185,019

Liabilities:

Deposits:

Domestic offices:

Non-interest-bearing

22,937,903

23,098,886

Interest-bearing

122,210,795

121,741,545

Overseas offices, principally interest-bearing

46,636,077

45,561,192

Total deposits

191,784,775

190,401,623

Call money, funds purchased, and payables under repurchase agreements

19,647,904

18,056,476

Payables under securities lending transactions

4,789,971

5,549,004

Due to trust account and other short-term borrowings

11,349,001

11,304,676

Trading account liabilities

16,418,784

18,790,133

Obligations to return securities received as collateral

2,699,912

3,516,232

Bank acceptances outstanding

140,778

156,208

Accrued interest

162,018

147,351

Long-term debt

30,133,040

27,743,443

Other liabilities

7,794,424

6,755,165

Total liabilities

284,920,607

282,420,311

2,090,270

2,090,270

5,820,198

5,956,644

239,571

239,571

4,601,402

3,931,612

2,514,742

2,281,423

(513,999)

(513,988)

14,752,184

13,985,532

728,189

779,176

15,480,373

14,764,708

300,400,980

297,185,019

Net loans

（US GAAP）

Mitsubishi UFJ Financial Group, Inc. and Subsidiaries

Condensed Consolidated Statements of Income (Unaudited)

For the six months ended September 30,

(in millions of yen)

2017

2016

Interest income:

Loans, including fees

1,098,107

997,030

Deposits in other banks

57,768

36,982

Investment securities

185,852

187,835

Trading account assets

224,262

212,587

Call loans, funds sold, and receivables under resale agreements and securities borrowing transactions

36,109

31,224

Total

1,602,098

1,465,658

Interest expense:

Deposits

240,723

165,897

Call money, funds purchased, and payables under repurchase agreements and securities lending transactions

57,620

31,379

Due to trust account, other short-term borrowings, and trading account liabilities

41,919

27,338

Long-term debt

141,590

135,631

Total

481,852

360,245

Net interest income

1,120,246

1,105,413

Credit for credit losses

186,568

58,681

Net interest income after credit for credit losses

1,306,814

1,164,094

Non-interest income:

Fees and commissions income

701,916

687,853

Foreign exchange losses-net

(3,025)

(20,704)

Trading account profits-net

69,428

284,845

Investment securities gains-net

176,149

127,028

Equity in earnings of equity method investees-net

88,717

128,468

Other non-interest income

44,282

44,292

Total

1,077,467

1,251,782

Non-interest expense:

Salaries and employee benefits

537,214

555,671

Occupancy expenses-net

88,567

90,369

Fees and commissions expenses

146,625

133,243

Outsourcing expenses, including data processing

136,326

123,961

Depreciation of premises and equipment

46,159

47,861

Amortization of intangible assets

116,878

112,576

Impairment of intangible assets

16,591

968

Insurance premiums, including deposit insurance

45,103

45,936

Communications

28,158

27,843

Taxes and public charges

45,152

45,031

Other non-interest expenses

163,074

226,629

Total

1,369,847

1,410,088

Income before income tax expense

1,014,434

1,005,788

Income tax expense

234,336

252,472

Net income before attribution of noncontrolling interests

780,098

753,316

Net income (loss) attributable to noncontrolling interests

(10,606)

2,433

Net income attributable to Mitsubishi UFJ Financial Group

790,704

750,883

(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

59.21

55.00

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

Mitsubishi UFJ Financial Group

59.05

54.84

（US GAAP）

Mitsubishi UFJ Financial Group, Inc. and Subsidiaries

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

For the six months ended September 30,

(in millions of yen)

2017

2016

Net income before attribution of noncontrolling interests

780,098

753,316

Other comprehensive income (loss), net of tax:

Net unrealized gains (losses) on investment securities

247,454

(134,423)

Net debt valuation adjustments

(5,779)

866

Net unrealized gains (losses) on derivatives qualifying for cash flow hedges

(626)

19,205

Defined benefit plans

24,609

18,370

Foreign currency translation adjustments

(35,925)

(758,994)

Total

229,733

(854,976)

Comprehensive income (loss)

1,009,831

(101,660)

Net income (loss) attributable to noncontrolling interests

(10,606)

2,433

Other comprehensive loss attributable to noncontrolling interests

(3,586)

(30,537)

Comprehensive income (loss) attributable to Mitsubishi UFJ Financial Group

1,024,023

(73,556)

Loans (Unaudited)

As of September 30,

As of March 31,

(in millions of yen)

2017

2017

Impaired loans

1,516,310

1,715,850

Other than impaired loans

116,719,113

116,499,122

Total

118,235,423

118,214,972

Allowance for credit losses (Unaudited)

As of September 30,

As of March 31,

(in millions of yen)

2017

2017

Related to impaired loans

882,208

Related to other than impaired loans

299,980

Total

1,182,188

642,277 273,904 916,181

-5 -

Mitsubishi UFJ Financial Group Inc. published this content on 18 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 January 2018 00:49:08 UTC.

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