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

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

Consolidated Summary Report <under Japanese GAAP>
  for the three months ended June 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:   August 15, 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 Three Months ended June 30, 2011
(1) Results of Operations               (% represents the change from the same period in the previous fiscal year)
        Ordinary Income   Ordinary Profits   Net Income
Three months ended      

million yen

 

 

%  

million yen

 

 

%  

million yen

 

 

%
June 30, 2011 1,457,779 24.7 601,263 101.0 500,583 200.9
June 30, 2010         1,168,880     (12.5)       299,128     119.4       166,348     119.0  
(*)Comprehensive income
June 30, 2011:       661,625   million yen,     - %     ;     June 30, 2010       (36,192)   million yen,     - %
     
            Net Income

per Common Stock

  Diluted Net Income

per Common Stock

Three months ended       yen  

 

yen

 

June 30, 2011 35.40 35.33
June 30, 2010         11.76       11.72  
 
(2) Financial Conditions                            
          Total Assets Total Net Assets Net Assets Attributable to

MUFG Shareholders to

Total Assets (*1)

As of

million yen

million yen

 

%
June 30, 2011 206,196,454 11,331,726 4.6
March 31, 2011         206,227,081       10,814,425       4.3  
(Reference) Shareholders’ equity as of       June 30, 2011:       9,490,702   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” will be disclosed separately in mid-August 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, 2011   -     6.00     -     6.00       12.00  
ending March 31, 2012   -                            
ending March 31, 2012 (Forecast)             6.00       -       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 600.0 billion yen of consolidated net income for the fiscal year ending March 31, 2012. (There are no changes 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)

Adoption of any particular accounting methods for quarterly consolidated financial statements: No

 

(3)

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): Yes
(C) Changes in accounting estimates: No
(D) Restatements: No
 

(4)

Number of common stocks outstanding at the end of the period

       
(A) Total stocks outstanding including treasury stocks:   June 30, 2011 14,152,084,520 shares
Mar. 31, 2011 14,150,894,620 shares
(B) Treasury stocks: June 30, 2011 9,474,719 shares
Mar. 31, 2011 9,413,730 shares
(C) Average outstanding stocks: Three months ended June 30, 2011 14,141,918,204 shares
Three months ended June 30, 2010 14,139,335,066 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 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  

 

-

                                 
Fiscal year ending March 31, 2012 (Forecast)              

 

57.50

     

 

-

     

 

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  

 

-

                                 
Fiscal year ending March 31, 2012 (Forecast)              

 

2.65

     

 

-

     

 

2.65

        5.30  

Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP For the Three Months Ended June 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