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Parent Company Only Financial Information
12 Months Ended
Mar. 31, 2023
Condensed Financial Information Disclosure [Abstract]  
Parent Company Only Financial Information PARENT COMPANY ONLY FINANCIAL INFORMATION
Distributions of retained earnings of MUFG Bank and Mitsubishi UFJ Trust and Banking are restricted in order to meet the minimum capital adequacy requirements under the Banking Law. Additionally, retained earnings of these banking subsidiaries are restricted, except for approximately ¥5,094 billion and ¥5,837 billion, in accordance with the statutory reserve requirements under the Companies Act at March 31, 2022 and 2023, respectively. See Notes 19 and 21 for further information.
The Banking Law and related regulations restrict the ability of these banking subsidiaries to extend loans or credit to the parent company. Such loans or credits to the parent company are generally limited to 15% of the banking subsidiary’s consolidated total capital, as determined by the capital adequacy guidelines.
At March 31, 2022 and 2023, approximately ¥5,662 billion and ¥5,352 billion, respectively, of net assets of consolidated subsidiaries may be restricted as to payment of cash dividends and loans to the parent company.
The following table presents the parent company only financial information of MUFG:
Condensed Balance Sheets
 As of March 31,
 20222023
 (in millions)
Assets:
Cash and interest-earning deposits with banking subsidiaries¥231,389 ¥173,603 
Investments in subsidiaries and affiliated companies16,504,756 16,834,133 
Banking subsidiaries11,731,745 11,893,171 
Non-banking subsidiaries and affiliated companies4,773,011 4,940,962 
Loans to subsidiaries10,062,030 12,841,655 
Banking subsidiaries9,516,847 12,225,477 
Non-banking subsidiaries545,183 616,178 
Other assets266,773 229,005 
Total assets¥27,064,948 ¥30,078,396 
Liabilities and Shareholders’ equity:
Short-term borrowings from banking subsidiaries¥1,146,147 ¥1,291,660 
Long-term debt from non-banking subsidiaries and affiliated companies24,535 15,591 
Long-term debt10,055,876 12,792,670 
Other liabilities233,322 215,129 
Total liabilities11,459,880 14,315,050 
Total shareholders’ equity15,605,068 15,763,346 
Total liabilities and shareholders’ equity¥27,064,948 ¥30,078,396 
Condensed Statements of Operations
 Fiscal years ended March 31,
 202120222023
 
(in millions)
Income:     
Dividends from subsidiaries and affiliated companies¥404,064 ¥586,108 ¥605,115 
Banking subsidiaries317,453 419,691 407,630 
Non-banking subsidiaries and affiliated companies86,611 166,417 197,485 
Management fees from subsidiaries35,095 34,957 35,052 
Interest income from subsidiaries174,816 183,679 273,536 
Foreign exchange gains—net1,089 6,851 3,465 
Trading account profits (losses)—net(18,285)(4,059)28,970 
Gains on sales of investment in subsidiaries and affiliated companies—net95 — 17,748 
Other income12,552 11,732 13,255 
Total income609,426 819,268 977,141 
Expense:
Operating expenses37,567 40,158 44,149 
Interest expense to subsidiaries and affiliated companies11,415 12,256 15,442 
Interest expense159,057 167,057 256,333 
Other expense8,164 7,154 6,496 
Total expense216,203 226,625 322,420 
Equity in undistributed net income (loss) of subsidiaries and affiliated companies—net727,257 (667,088)(35,857)
Income (loss) before income tax expense1,120,480 (74,445)618,864 
Income tax expense3,182 8,875 18,956 
Net income (loss)¥1,117,298 ¥(83,320)¥599,908 
Condensed Statements of Cash Flows
 Fiscal years ended March 31,
 202120222023
 
(in millions)
Operating activities:   
Net income (loss)¥1,117,298 ¥(83,320)¥599,908 
Adjustments and other(568,317)653,768 9,733 
Net cash provided by operating activities548,981 570,448 609,641 
Investing activities:
Proceeds from sales of investment in subsidiaries and affiliated companies35,081 136 41,125 
Purchase of equity investment in subsidiaries and an affiliated company— (1,000)— 
Net increase in loans to subsidiaries(462,208)(257,619)(2,204,831)
Other—net(11,531)(9,413)(7,791)
Net cash used in investing activities(438,658)(267,896)(2,171,497)
Financing activities:
Net increase (decrease) in short-term borrowings from subsidiaries(49,058)(61,415)145,513 
Proceeds from issuance of long-term debt831,121 1,625,173 3,833,878 
Repayment of long-term debt(514,436)(1,369,254)(1,630,695)
Repayment of long-term debt to affiliated companies(10,500)— — 
Proceeds from sales of treasury stock— — 
Payments for acquisition of treasury stock(13)(150,017)(450,019)
Dividends paid(321,772)(334,620)(380,447)
Other—net(1,954)(10,410)(14,160)
Net cash provided by (used in) financing activities(66,611)(300,543)1,504,070 
Net increase (decrease) in cash and cash equivalents43,712 2,009 (57,786)
Cash and cash equivalents at beginning of fiscal year185,668 229,380 231,389 
Cash and cash equivalents at end of fiscal year¥229,380 ¥231,389 ¥173,603