MUFG Bank, Ltd.
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 and Reporting,
Financial Accounting Office, Financial
Planning Division
TEL 050-3613-1179
General meeting of shareholders:
June 27, 2024
Dividend payment date:
June 28, 2024
Securities report issuing date:
June 25, 2024
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, 2024
(1) Results of Operations
( % represents the change from
the previous fiscal year)
Ordinary Income
Ordinary Profits
Attributable to Owners of
Parent
Fiscal year ended
million yen
%
million yen
%
million yen
%
March 31, 2024
11,890,350
28.1
2,127,958
108.5
1,490,781
33.5
March 31, 2023
9,281,027
52.8
1,020,728
(33.6)
1,116,496
(1.3)
(*)Comprehensive income
March 31, 2024:
3,316,519
million yen
186.2
%
;
March 31, 2023:
1,158,800
million yen
45.3
%
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, 2024
124.65
124.33
8.1
0.5
17.9
March 31, 2023
90.73
90.41
6.5
0.3
11.0
(Reference) Income from investment in affiliates (Equity method)
March 31, 2024:
531,803
million yen
;
March 31, 2023:
425,829
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, 2024
403,703,147
20,746,978
4.9
1,670.45
March 31, 2023
386,799,477
18,272,857
4.5
1,433.12
(Reference) Shareholders’ equity as of
March 31, 2024:
19,587,974
million yen ;
March 31, 2023:
17,231,291
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, 2024
(9,844,860)
3,986,415
8,307
109,875,097
March 31, 2023
13,431,773
(10,675,096)
(977,138)
113,630,172
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, 2023
-
16.00
-
16.00
32.00
389,991
35.3
2.3
ended March 31, 2024
-
20.50
-
20.50
41.00
488,038
32.9
2.6
ending March 31, 2024 (Forecast)
-
25.00
-
25.00
50.00
39.1
(*) 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, 2025
(Consolidated) MUFG has set an earnings target of 1,500.0
billion yen of profits attributable to owners of parent for the
fiscal year ending March 31, 2025. 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, 2024
12,337,710,920
shares
March 31, 2023
12,687,710,920
shares
(B) Treasury stocks:
March 31, 2024
611,522,914
shares
March 31, 2023
664,065,483
shares
(C) Average outstanding stocks:
Fiscal year ended March 31, 2024
11,959,977,563
shares
Fiscal year ended March 31, 2023
12,305,714,018
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, 2024. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240515125965/en/
MUFG Bank, Ltd. Toshinao Endou +81-3-3240-1111 Managing
Director, Head of Documentation & Corporate Secretary
Department Corporate Administration Division