The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. Under Japanese GAAP for the Fiscal Year Ended March 31, 2017

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

 

Consolidated Summary Report [under Japanese GAAP]

for the fiscal year ended March 31, 2017
 
Company name:   Mitsubishi UFJ Financial Group, Inc.   Stock exchange listings:   Tokyo, Nagoya, New York
Code number: 8306

URL http://www.mufg.jp/

Representative: Nobuyuki Hirano, President & Group CEO
For inquiry: Kazutaka Yoneda, General Manager - Financial Planning Division / Financial Accounting Office
TEL (03) 3240-3110
General meeting of shareholders:   June 29, 2017   Dividend payment date:   June 30, 2017
Securities report issuing date: June 29, 2017 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, 2017
(1) Results of Operations   ( % represents the change from the previous fiscal year)
    Ordinary Income Ordinary Profits   Profits Attributable to

Owners of Parent

Fiscal year ended million yen % million yen % million yen %
March 31, 2017 5,979,568

 

4.6

1,360,767

 

(11.6)

926,440

 

(2.6)

March 31, 2016   5,714,419

 

1.3

    1,539,486

 

(10.1)

    951,402

 

(8.0)

 
(*)Comprehensive income
March 31, 2017:     330,609     million yen     (46.7) %     ;     March 31, 2016:     620,662   million yen   (82.0) %

 

   

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, 2017 68.28 68.00 6.0 0.5 22.8
March 31, 2016   68.51     68.17     6.2     0.5     26.9  
(Reference) Income from investment in affiliates (Equity method)
March 31, 2017:     244,453   million yen     ;   March 31, 2016:     230,415   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, 2017 303,297,433 16,658,394 5.0 1,137.78
March 31, 2016   298,302,898     17,386,769     5.2     1,121.07  
(Reference) Shareholders’ equity as of     March 31, 2017:     15,280,268   million yen   ;   March 31, 2016:     15,457,970   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, 2017 7,013,064 8,907,549 (670,592) 33,968,391
March 31, 2016   6,754,428     2,240,209     (105,602)     18,763,856  
 
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, 2016 -   9.00   -   9.00   18.00   249,329   26.3   1.6  
ended March 31, 2017 -   9.00   -   9.00   18.00   243,600   26.4   1.6  
ending March 31, 2018

(Forecast)

-   9.00   -   9.00   18.00       25.4      
(*) 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, 2018 (Consolidated)
  MUFG has set an earnings target of 950.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2018.

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): Yes

Excluded: 2 Companies (MUFG Capital Finance 1 Limited and BTMU Preferred Capital 1 Limited)
 

(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, 2017     14,168,853,820 shares
March 31, 2016 14,168,853,820 shares
(B) Treasury stocks: March 31, 2017 738,910,028 shares
March 31, 2016 380,255,157 shares
(C) Average outstanding stocks: Fiscal year ended March 31, 2017

13,568,693,838 shares

Fiscal year ended March 31, 2016 13,886,503,497 shares
 
(Reference) Summary of non-consolidated financial data
1. Non-consolidated Financial Data for the Fiscal Year ended March 31, 2017
(1) Results of Operations   ( % represents the change from the previous fiscal year)
    Operating Income   Operating Profits   Ordinary Profits   Net Income
Fiscal year ended

million yen

 

 

%

 

million yen

 

 

%

 

million yen

 

 

%

 

million yen

 

%

March 31, 2017 625,582 6.3 599,357 6.1 575,084 5.9 577,656 5.8
March 31, 2016   588,340   0.4     564,684   0.1     543,069   (1.6)     545,738   (1.4)  
 
   

Basic earnings
per share

 

Diluted earnings
per share

Fiscal year ended yen   yen
March 31, 2017 42.57 42.53
March 31, 2016   39.29       39.24  
(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, 2017 13,969,770 8,592,679 61.5 639.70
March 31, 2016   12,043,230     8,482,329     70.4     614.47  
(Reference) Shareholders’ equity as of     March 31, 2017:     8,592,288   million yen   ;     March 31, 2016:     8,474,069   million yen
*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, 2017.
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.
Jun Kobayashi, +81-3-3240-1111
Chief Manager
Corporate Administration Division

Contacts

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