MUFG Bank, Ltd. Announces Consolidated Summary Report [Under Japanese GAAP] for the Fiscal Year Ended March 31, 2022

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 and Reporting,
�		Financial Accounting Office, Financial Planning Division
		TEL 050-3613-1179
General meeting of shareholders:			June 29, 2022			Dividend payment date:	June 30, 2022
Securities report issuing date:			June 27, 2022			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, 2022

(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, 2022	6,075,887		0.8		1,537,649		45.9		1,130,840		45.5
March 31, 2021	6,025,336		(17.5)		1,053,610		(14.7)		777,018		47.1
(*)Comprehensive income
March 31, 2022: 797,310 million yen (39.8) % ; March 31, 2021: 1,324,655 million yen 388.0 %

	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, 2022	88.45		88.05		6.7		0.4		25.3
March 31, 2021	60.50		60.25		4.7		0.3		17.5
(Reference) Income from investment in affiliates (Equity method)
March 31, 2022: 441,595 million yen ; March 31, 2021: 321,761 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, 2022	373,731,910		17,988,245		4.6		1,349.52
March 31, 2021	359,473,515		17,716,257		4.7		1,308.12
(Reference) Shareholders’ equity as of March 31, 2022: 17,023,773 million yen ; March 31, 2021: 16,802,572 million yen
(*) “Equity-to-asset ratio” is computed under the formula shown below
(Total net assets – 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, 2022	9,635,443		(2,202,726)		(875,972)		110,763,205
March 31, 2021	34,904,946		(10,140,343)		(436,071)		102,980,711

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, 2021	–	12.50	–	12.50	25.00	321,836	41.3		2.0
ended March 31, 2022	–	13.50	–	14.50	28.00	357,188	31.7		2.1
ending March 31, 2023 (Forecast)	–	16.00	–	16.00	32.00		40.4
(*) 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, 2023 (Consolidated)

MUFG has set an earnings target of 1,000.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2023. 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: Yes
(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, 2022	13,281,995,120		shares
	March 31, 2021	13,581,995,120		shares
(B) Treasury stocks:	March 31, 2022	667,296,084		shares
	March 31, 2021	737,192,810		shares
(C) Average outstanding stocks:	Fiscal year ended March 31, 2022	12,785,341,295		shares
	Fiscal year ended March 31, 2021	12,843,564,013		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, 2022.

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.

Toshinao Endou, +81-3-3240-1111

Managing Director, Head of Documentation & Corporate Secretary Department

Corporate Administration Division