The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the Six Months Ended September 30, 2011.

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

 
Consolidated Summary Report <under Japanese GAAP>
  for the six months ended September 30, 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:   November 29, 2011     Dividend payment date:       December 8, 2011
Trading accounts: Established                
Supplemental information for quarterly financial statements:   Available
Quarterly investor meeting presentation: Scheduled (for investors and analysts)
 
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Data for the Six Months ended September 30, 2011
(1) Results of Operations   (% represents the change from the same period in the previous fiscal year)
        Ordinary Income     Ordinary Profits   Net Income
Six months ended    

million yen

  %  

million yen

    %  

million yen

 

%
September 30, 2011 2,671,205 12.7 958,644 76.9 696,091 95.1
September 30, 2010       2,369,479    

(9.5

)

      542,053     132.6         356,775   153.1  
(*) Comprehensive income
September 30, 2011:       818,223   million yen,   361.8   %:       September 30, 2010:       177,199   million yen,       -   %
                             
      Net Income

per Common Stock

  Diluted Net Income

per Common Stock

Six months ended         yen       yen
September 30, 2011 48.58 48.51
September 30, 2010           24.60           24.53  
 
(2) Financial Conditions
    Total Assets

Total Net Assets

Net Assets Attributable to

MUFG Shareholders to

Total Assets (*1)

Risk-adjusted

Capital Ratio (*2)

As of million yen million yen % %
September 30, 2011 215,947,173 11,334,750 4.5 15.42
March 31, 2011           206,227,081           10,814,425           4.3             14.89  

(Reference) Shareholders' equity as of

    September 30, 2011:     9,623,920   million yen;       March 31, 2011:     8,948,948   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" is computed in accordance with the "Standards for Consolidated Capital Adequacy Ratio of Bank Holding Company under Article 52-25 of the Banking Law" (the Notification of the Financial Services Agency No. 20, 2006).

 
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, 2011       -       6.00       -       6.00       12.00  
ending March 31, 2012       -       6.00                          
ending March 31, 2012 (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, 2012 (Consolidated)

MUFG has the target of 900.0 billion yen of consolidated net income for the fiscal year ending March 31, 2012. (There is a change to our earnings targets released on May 16, 2011.)

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
 

(1)

Changes in significant subsidiaries during the period: No

 

(2)

 

Changes in accounting policies, changes in accounting estimates and restatements

(A) Changes in accounting policies due to revision of accounting standards: Yes
(B) Changes in accounting policies due to reasons other than (A): Yes
(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:     September 30, 2011         14,154,508,220   shares
    March 31, 2011 14,150,894,620 shares
(B) Treasury stocks: September 30, 2011 9,533,568 shares
March 31, 2011 9,413,730 shares
(C) Average outstanding stocks: Six months ended September 30, 2011 14,143,389,335 shares
Six months ended September 30, 2010 14,140,309,303 shares
 
(Summary of non-consolidated financial data)
1. Non-consolidated Financial Data for the Six Months ended September 30, 2011
(1) Results of Operations ( % represents the change from the same period in the previous fiscal year)
            Operating Income   Operating Profits   Ordinary Profits   Net Income
Six months ended      

million yen

 

%    

million yen

 

 

%    

million yen

 

 

%    

million yen

%
September 30, 2011 160,243

(28.5

)

152,505

(29.6

)

140,065

(30.7

)

143,043

(25.1

)

September 30, 2010         224,237   56.6           216,558     60.9           202,029     72.9           191,048   -    
                         
          Net Income

per Common Stock

Six months ended yen
September 30, 2011

 

9.47

September 30, 2010          

 

12.87

   
     
(2) Financial Conditions
          Total Assets Total Net Assets Net Assets Ratio
As of million yen million yen %
September 30, 2011 10,936,373 8,681,208 79.3
March 31, 2012           10,991,515           8,612,722           78.3  

(Reference) Shareholders' equity as of

    September 30, 2011:     8,674,340   million yen;       March 31, 2011:     8,605,534   million yen
 

*Disclosure regarding the execution of the interim audit process

This "Consolidated Summary Report" (Quarterly "Tanshin") is outside the scope of the external auditor's interim audit procedure which is required by "Financial Instruments and Exchange Act". Therefore, the interim audit 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. We will publish U.S. GAAP financial results in a separate disclosure document when such information becomes available.

 

(Dividends on preferred stocks)

 
Dividends per share relating to preferred stocks are as follows:
 
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, 2011   -     57.50     -     57.50       115.00  
Fiscal year ending March 31, 2012   -     57.50                      
Fiscal year ending March 31, 2012 (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, 2011   -     2.65     -     2.65       5.30  
Fiscal year ending March 31, 2012   -     2.65                      
Fiscal year ending March 31, 2012 (Forecast)                     -       2.65         5.30  

Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP For the Six Months Ended September 30, 2011.

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