MUFG Bank, Ltd. Announces Consolidated Summary Report�[under Japanese GAAP]� for the Fiscal Year Ended March 31, 2021

TOKYO–(BUSINESS WIRE)–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/english/
Representative:	Hironori Kamezawa, President & Group CEO
For inquiry:	Masahisa Takahashi, Managing Director, Head of Financial Accounting Office, Financial Planning Division
�	TEL (03) 5218-8890
General meeting of shareholders:		June 29, 2021				Dividend payment date:		June 30, 2021
Securities report issuing date:		June 29, 2021				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, 2021
(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, 2021	6,025,336		(17.5)	1,053,610		(14.7)	777,018		47.1
March 31, 2020	7,299,078		9.0	1,235,770		(8.3)	528,151		(39.5)

(*)Comprehensive income
	March 31, 2021:	1,324,655		million yen	388.0	%	;	March 31, 2020:	271,456		million yen	(60.5)	%

	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, 2021	60.50	60.25	4.7	0.3	17.5
March 31, 2020	40.95	40.71	3.3	0.4	16.9

(Reference) Income from investment in affiliates (Equity method)

March 31, 2021:

321,761

million yen

;

March 31, 2020:

277,221

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, 2021	359,473,515	17,716,257	4.7	1,308.12
March 31, 2020	336,571,379	16,855,738	4.8	1,245.33

(Reference) Shareholders’ equity as of	March 31, 2021:	16,802,572		million yen ;	March 31, 2020:	15,990,834		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, 2021	34,904,946	(10,140,343)	(436,071)	102,980,711
March 31, 2020	8,060,840	(3,368,444)	(251,664)	78,335,634

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, 2020	–	12.50	–	12.50	25.00	322,909	61.0	2.0
ended March 31, 2021	–	12.50	–	12.50	25.00	321,836	41.3	2.0
ending March 31, 2022 (Forecast)	–	13.50	–	13.50	27.00		40.8
(*) 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, 2022 (Consolidated)

MUFG has set an earnings target of 850.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2022.

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, 2021		13,581,995,120		shares
	March 31, 2020		13,581,995,120		shares
(B) Treasury stocks:	March 31, 2021		737,192,810		shares
	March 31, 2020		741,363,277		shares
(C) Average outstanding stocks:	Fiscal year ended March 31, 2021		12,843,564,013		shares
	Fiscal year ended March 31, 2020		12,897,317,425		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, 2020.

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.

Contacts

MUFG Bank, Ltd.

Ken Aikawa +81-3-3240-1111

Managing Director, Head of Documentation & Corporate Secretary Department

Corporate Administration Division