The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the Nine Months Ended December 31, 2010

TOKYO--()--The Bank of Tokyo-Mitsubishi UFJ, Ltd.:

 
Consolidated Summary Report <under Japanese GAAP>
for the nine months ended December 31, 2010
         
February 3, 2011
 
Company name: Mitsubishi UFJ Financial Group, Inc. Stock exchange listings: Tokyo, Osaka, Nagoya, New York
Code number: 8306

URL http://www.mufg.jp/

Representative: Katsunori Nagayasu, President & CEO
For inquiry: Naoki Muramatsu, General Manager - Financial Planning Division / Financial Accounting Office
TEL (03) 3240-7200
Quarterly securities report issuing date: February 14, 2011 Trading accounts: Established
Dividend payment date: -
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 Nine Months ended December 31, 2010
(1) Results of Operations       (% represents the change from the same period in the previous fiscal year)
      Ordinary Income       Ordinary Profits       Net Income  
Nine months ended   million yen %   million yen %  

million yen

 

%
December 31, 2010 3,490,055 (7.5) 836,153 134.9 551,829 154.2
December 31, 2009     3,774,914   (13.2)       356,029   212.5       217,068   -  
                   
 

 

Net Income

per Common Stock

  Diluted Net Income

per Common Stock

Nine months ended       yen         yen
December 31, 2010 38.39 38.30
December 31, 2009         17.47             17.46  
 
(2) Financial Conditions                                                    
 

 

Total Assets

Total Net Assets

Net Assets Attributable to
MUFG Shareholders to
Total Assets (*1)

Total Net Assets
per Common Stock

As of million yen million yen % yen
December 31, 2010 202,642,327 11,272,178 4.5 615.54
March 31, 2010         204,106,939             11,299,459           4.6             612.05  

(Reference) Shareholders' equity as of

  December 31, 2010:   9,094,701   million yen;       March 31, 2010:       9,305,795   million yen

(*1)

"Net assets attributable to MUFG shareholders to total assets" is computed under the formula shown below

(Total net assets - Subscription rights to shares - Minority interests) / Total assets

(*2)

"Risk-adjusted Capital Ratio" will be disclosed separately in mid-February 2011.

 
2. Dividends on Common Stock
  Dividends per Share
    1st quarter-end       2nd quarter-end       3rd quarter-end       Fiscal year-end       Total  
Fiscal year   yen     yen     yen     yen     yen
ended March 31, 2010   -       6.00       -       6.00       12.00    
ending March 31, 2011   -       6.00       -                    
ending March 31, 2011 (Forecast)                                   6.00         12.00    

(*1)

Revision of forecasts for dividends on the presentation date of this Consolidated Summary Report: None

(*2)

The information in the above table is only for dividends on common stocks. Please refer to "Dividends on Preferred Stocks" with regard to dividends on other type of (unlisted) stocks issued by us.

 

3. Earnings Forecasts for the Fiscal Year ending March 31, 2011 (Consolidated)

(*)

Revision of earnings forecasts on the presentation date of this Consolidated Summary Report: None

MUFG has the target of 500.0 billion yen of consolidated net income for the fiscal year ending March 31, 2011. (There are no changes to our earnings targets released on November 15, 2010.)

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 consolidated net income instead of a forecast of its performance.

 

4. Other

(For more details, please see "Other information" in page 2 of Appendix.)

(1) Changes in significant subsidiaries during the period: Yes
One company is newly added (MM Partnership)

Note:

This section shows whether or not there is a change in Specified Subsidiaries ("tokutei kogaisha" in Japanese) that led to the change of the consolidation scope during the period.

(2) Adoption of simplified accounting methods, or utilization of unique accounting methods: Yes

Note:

This section shows the use of any simplified accounting methods, or the use of any peculiar accounting methods for quarterly consolidated financial statements.

(3) Changes in accounting policies, procedures, presentation rules, etc.
(A) Changes due to revision of accounting standards: Yes                                                                                            
(B) Changes due to reasons other than (A): No

Note: This section shows changes to accounting policies, procedures, presentation rules, etc. that are described in Japanese

regulations as "Alterations on significant issues that are the basis of the preparation for quarterly financial accounting

statements".

(4) Number of common stocks outstanding at the end of the period
(A) Total stocks outstanding including treasury stocks:                                
                              Dec. 31, 2010 14,150,894,620 shares Mar. 31, 2010 14,148,414,920 shares
(B) Treasury stocks: Dec. 31, 2010 9,389,478 shares Mar. 31, 2010 9,781,950 shares
(C) Average outstanding stocks: Nine months ended Dec. 31, 2010 14,140,663,470 shares
Nine months ended Dec. 31, 2009 11,736,827,640 shares
 

*Disclosure regarding the execution of the quarterly review process

This "Consolidated Summary Report" (Quarterly "Tanshin") is outside the scope of the external auditor's quarterly review procedure which is required by "Financial Instruments and Exchange Act". Therefore, the quarterly review process has not been completed as of this disclosure in the "Consolidated Summary Report".

*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 effect 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.

                                   
(Dividends on preferred stocks)
 
Dividends per share relating to preferred stocks are as follows:
                                                           
Preferred Stock First Series of Class 3 Dividends per Share
    1st quarter-end    

2nd quarter-end

   

3rd quarter-end

   

Fiscal year-end

   

Total

 
yen yen yen yen yen
Fiscal year ended March 31, 2010   -         30.00         -         30.00         60.00    
Fiscal year ending March 31, 2011                                                          
(Note) MUFG repurchased Preferred Stock First Series of Class 3 in April 2010 and cancelled in April 2010.
                                                           
Preferred Stock First Series of Class 5 Dividends per Share
    1st quarter-end    

2nd quarter-end

   

3rd quarter-end

   

Fiscal year-end

   

Total

 
yen yen yen yen yen
Fiscal year ended March 31, 2010   -         57.50         -         57.50         115.00    
Fiscal year ending March 31, 2011   -         57.50         -                        
Fiscal year ending March 31, 2011 (Forecast)                                         57.50           115.00    
                                                           
Preferred Stock Class 11 Dividends per Share
    1st quarter-end    

2nd quarter-end

   

3rd quarter-end

   

Fiscal year-end

   

Total

 
yen yen yen yen yen
Fiscal year ended March 31, 2010   -         2.65         -         2.65         5.30    
Fiscal year ending March 31, 2011   -         2.65         -                        
Fiscal year ending March 31, 2011 (Forecast)                                         2.65           5.30    
 

Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP For the Nine Months Ended December 31 , 2010.

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

Contacts

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Fumikazu Tatsumi,  +81-3-3240-1111
Chief Manager
Corporate Administration Division

Contacts

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Fumikazu Tatsumi,  +81-3-3240-1111
Chief Manager
Corporate Administration Division