-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TBAjuDOBQjOEZrBKrdGz/BEoy4SgoaYEmpMp8abXn+zBjESo0eH+PtqxecOlteXy wv7vYiksHMctMCS9qUzOvQ== 0001193125-09-185824.txt : 20090902 0001193125-09-185824.hdr.sgml : 20090902 20090902080141 ACCESSION NUMBER: 0001193125-09-185824 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090902 FILED AS OF DATE: 20090902 DATE AS OF CHANGE: 20090902 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MITSUBISHI UFJ FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000067088 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-98061-99 FILM NUMBER: 091049783 BUSINESS ADDRESS: STREET 1: 7-1 MARUNOUCHI 2-CHOME STREET 2: CHIYODA-KU CITY: TOKYO STATE: M0 ZIP: 100-8330 BUSINESS PHONE: 2125301784 MAIL ADDRESS: STREET 1: 1251 AVENUE OF THE AMERICAS 14F STREET 2: CF BTMU PLANNING OFFICE ATTN. SASAKI CITY: NEW YORK STATE: NY ZIP: 10020-1104 FORMER COMPANY: FORMER CONFORMED NAME: BANK OF TOKYO MITSUBISHI LTD /ADR/ DATE OF NAME CHANGE: 20010402 FORMER COMPANY: FORMER CONFORMED NAME: MITSUBISHI BANK LTD /ADR/ DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: MITSUBISHI TOKYO FINANCIAL GROUP INC DATE OF NAME CHANGE: 19920929 6-K 1 d6k.htm FORM 6-K Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of September, 2009

 

 

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

 

 

7-1, Marunouchi 2-chome, Chiyoda-ku

Tokyo 100-8330, Japan

(Address of principal executive offices)

 

 

[Indicate by check mark whether the registrant files or

will file annual reports under cover Form 20-F or Form 40-F.]

Form 20-F      X            Form 40-F              

[Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the Commission

pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]

Yes                      No      X    

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 2, 2009

 

Mitsubishi UFJ Financial Group, Inc.
By:  

/S/ Manabu Ishii

Name:   Manabu Ishii
Title:   Chief Manager, General Affairs
  Corporate Administration Division


Consolidated Summary Report

<under US GAAP>

For the Fiscal Year Ended March 31, 2009

 

Date:    September 2, 2009
Company name (code number):    Mitsubishi UFJ Financial Group, Inc. (8306)
   (URL http://www.mufg.jp/)
Stock exchange listings:    Tokyo, Osaka, Nagoya, New York
Representative:    Nobuo Kuroyanagi, President & CEO
For inquiry:    Takeaki Ishii, General Manager-Financial Planning Division, Financial Accounting Office
   (Phone) +81-3-3240-7200

Consolidated financial data for the fiscal year ended March 31, 2009

(1) Operating results

(in millions of yen, except per share data)

 

     For the fiscal years ended
March 31,
 
     2009     2008  

Total revenue

   4,070,893      6,144,925   

Income (loss) from continuing operations before income tax expense (benefit)

   (1,727,968   12,355   

Net loss

   (1,468,040   (542,436

Basic loss per common share—net loss available to common shareholders (in yen)

   (137.84   (54.05

Diluted loss per common share—net loss available to common shareholders (in yen)

   (137.84   (54.05
Note: Average number of shares outstanding     
(in thousands of shares)   
     For the fiscal years ended
March 31,
 
     2009     2008  

Common stock

   10,821,091      10,305,911   
(2) Financial condition     
(in millions of yen)   
     As of March 31,  
     2009     2008  

Total assets

   193,499,417      195,766,083   

Total average assets

   196,214,390      197,946,692   

Total shareholders’ equity

   6,234,895      8,490,115   

Total average shareholders’ equity

   7,974,628      9,957,382   
(3) Cash flows     
(in millions of yen)   
     For the fiscal years ended
March 31,
 
     2009     2008  

Net cash provided by (used in) operating activities

   (1,140,503   383,207   

Net cash used in investing activities

   (8,266,031   (7,833,129

Net cash provided by financing activities

   8,487,047      8,723,384   

Cash and cash equivalents at end of fiscal year

   3,071,252      4,090,690   

 

- 1 -


 

This report is an excerpt of certain highlights from our consolidated financial information under U.S. GAAP that is included in our annual report on Form 20-F (“Form 20-F”) to be filed with the U.S. Securities and Exchange Commission. This excerpt report does not contain all of the information that may be important to you. In addition to the items highlighted in this report, the Form 20-F includes material disclosure about Mitsubishi UFJ Financial Group, Inc., including business and other detailed U.S. GAAP financial information. You should read the entire Form 20-F carefully to obtain a comprehensive understanding of our business and U.S. GAAP financial data and related issues.

 

This report contains forward-looking statements regarding estimation, forecast, target and plan in relation to the results of operations, financial condition and other general 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 estimation, forecast, target and plan regarding future events, certain assumptions have been made, which assumptions are inherently subjective and uncertain. The forward-looking statements should not be viewed as guarantees of future performance as actual results may be significantly different. For instance, the statements regarding realizability of the deferred tax assets or provision for credit losses are based on estimation and other assumptions such as economic factors, our business plan and other factors, and exemplify such situation as above. There exist a number of factors that might lead to uncertainties and risks, including, but not limited to, the deterioration of the Japanese and global economy. For the key factors that should be considered, please see the financial highlight, the Annual Securities Report, Disclosure Book, Annual Report, Form 20-F and other current disclosures that the company has publicly released.

 

 

- 2 -


(US GAAP)

Mitsubishi UFJ Financial Group, Inc. and Subsidiaries

Consolidated Balance Sheets

 

     As of March 31,  

(in millions of yen)

   2009     2008  

Assets:

    

Cash and due from banks

   3,071,252      4,090,690   

Interest-earning deposits in other banks

   3,543,551      6,320,827   

Call loans and funds sold

   407,448      1,210,238   

Receivables under resale agreements

   2,530,405      7,105,819   

Receivables under securities borrowing transactions

   6,797,025      8,329,371   

Trading account assets

   30,281,525      18,444,633   

Investment securities:

    

Securities available for sale—carried at estimated fair value

   33,390,087      38,729,301   

Securities being held to maturity—carried at amortized cost

   2,812,353      2,839,666   

Other investment securities

   1,434,124      580,013   
            

Total investment securities

   37,636,564      42,148,980   
            

Loans, net of unearned income, unamortized premiums and deferred loan fees

   100,310,341      99,002,079   

Allowance for credit losses

   (1,156,638   (1,134,940
            

Net loans

   99,153,703      97,867,139   
            

Premises and equipment—net

   1,043,416      1,075,806   

Accrued interest

   267,747      339,773   

Customers’ acceptance liability

   59,144      71,003   

Intangible assets—net

   1,191,941      1,338,924   

Goodwill

   379,426      1,074,137   

Deferred tax assets

   2,172,789      899,432   

Other assets

   4,963,481      5,449,311   
            

Total assets

   193,499,417      195,766,083   
            

Liabilities and Shareholders’ Equity:

    

Deposits:

    

Domestic offices:

    

Non-interest-bearing

   15,023,660      14,693,953   

Interest-bearing

   95,802,559      94,807,696   

Overseas offices:

    

Non-interest-bearing

   2,212,386      2,132,110   

Interest-bearing

   15,292,447      17,606,369   
            

Total deposits

   128,331,052      129,240,128   
            

Call money and funds purchased

   2,235,858      2,288,720   

Payables under repurchase agreements

   11,911,615      11,892,902   

Payables under securities lending transactions

   4,279,867      4,587,511   

Due to trust account

   1,796,846      1,461,006   

Other short-term borrowings

   7,867,378      6,016,893   

Trading account liabilities

   9,492,561      7,961,578   

Obligations to return securities received as collateral

   2,708,800      5,094,993   

Bank acceptances outstanding

   59,144      71,003   

Accrued interest

   251,285      298,152   

Long-term debt

   13,273,288      13,675,250   

Other liabilities

   5,056,828      4,687,832   
            

Total liabilities

   187,264,522      187,275,968   
            

Shareholders’ equity:

    

Capital stock:

    

Preferred stock

   442,100      247,100   

Common stock

   1,127,552      1,084,708   

Capital surplus

   6,095,820      5,791,300   

Retained earnings:

    

Appropriated for legal reserve

   239,571      239,571   

Unappropriated (Accumulated deficit)

   (845,778   935,309   

Accumulated other changes in equity from nonowner sources, net of taxes

   (813,695   919,420   

Treasury stock, at cost

   (10,675   (727,293
            

Total shareholders’ equity

   6,234,895      8,490,115   
            

Total liabilities and shareholders’ equity

   193,499,417      195,766,083   
            

 

- 3 -


(US GAAP)

Mitsubishi UFJ Financial Group, Inc. and Subsidiaries

Consolidated Statements of Operations

 

     For the fiscal years ended March 31,  

(in millions of yen)

   2009     2008  

Interest income:

    

Loans, including fees

   2,558,361      2,790,505   

Deposits in other banks

   124,832      258,544   

Investment securities:

    

Interest

   309,835      771,763   

Dividends

   163,492      127,076   

Trading account assets

   460,534      110,348   

Call loans and funds sold

   15,010      24,969   

Receivables under resale agreements and securities borrowing transactions

   263,730      283,606   
            

Total

   3,895,794      4,366,811   
            

Interest expense:

    

Deposits

   736,456      1,093,956   

Call money and funds purchased

   24,973      45,180   

Payables under repurchase agreements and securities lending transactions

   349,903      402,077   

Due to trust account

   6,843      8,014   

Other short-term borrowings and trading account liabilities

   170,524      206,363   

Long-term debt

   310,690      331,504   
            

Total

   1,599,389      2,087,094   
            

Net interest income

   2,296,405      2,279,717   

Provision for credit losses

   626,947      385,740   
            

Net interest income after provision for credit losses

   1,669,458      1,893,977   
            

Non-interest income:

    

Fees and commissions

   1,188,512      1,317,047   

Foreign exchange gains (losses)—net

   (206,153   1,295,933   

Trading account profits (losses)—net

   (257,807   398,396   

Investment securities losses—net

   (658,679   (1,373,072

Equity in losses of equity method investees

   (60,051   (34,485

Gains on sales of loans

   6,401      11,789   

Other non-interest income

   162,876      162,506   
            

Total

   175,099      1,778,114   
            

Non-interest expense:

    

Salaries and employee benefits

   873,371      909,771   

Occupancy expenses—net

   171,902      173,183   

Fees and commission expenses

   209,750      218,088   

Outsourcing expenses, including data processing

   267,790      248,265   

Depreciation of premises and equipment

   132,121      179,567   

Amortization of intangible assets

   278,241      252,890   

Impairment of intangible assets

   126,885      78,679   

Insurance premiums, including deposit insurance

   113,803      112,444   

Minority interest in income (loss) of consolidated subsidiaries

   (36,259   39,400   

Communications

   62,943      65,286   

Taxes and public charges

   85,743      83,439   

Provision for repayment of excess interest

   47,865      2,826   

Impairment of goodwill

   845,842      893,721   

Other non-interest expenses

   392,528      402,177   
            

Total

   3,572,525      3,659,736   
            

Income (loss) from continuing operations before income tax expense (benefit)

   (1,727,968   12,355   

Income tax expense (benefit)

   (259,928   553,045   
            

Loss from continuing operations

   (1,468,040   (540,690

Loss from discontinued operations—net

   —        (1,746
            

Net loss

   (1,468,040   (542,436
            

Income allocable to preferred shareholders:

    

Cash dividends paid

   6,399      6,669   

Beneficial conversion feature

   9,478      7,909   

Income allocable to preferred shareholders of Mitsubishi UFJ NICOS Co., Ltd. :

    

Effect of induced conversion of Mitsubishi UFJ NICOS Co., Ltd. Class 1 stock

   7,676      —     
            

Net loss available to common shareholders

   (1,491,593   (557,014
            

(in yen)

            

Loss per share:

    

Basic loss per common share

    

—loss from continuing operations available to common shareholders

   (137.84   (53.88

Basic loss per common share—net loss available to common shareholders

   (137.84   (54.05

Diluted loss per common share

    

—loss from continuing operations available to common shareholders

   (137.84   (53.88

Diluted loss per common share—net loss available to common shareholders

   (137.84   (54.05

 

- 4 -


(US GAAP)

Mitsubishi UFJ Financial Group, Inc. and Subsidiaries

Nonaccrual loans, restructured loans and accruing loans contractually past due 90 days or more (unaudited)

 

     As of March 31,

(in millions of yen)

   2009    2008

Nonaccrual loans:

     

Domestic:

     

Manufacturing

   87,649    109,023

Construction

   55,760    44,322

Real estate

   263,831    164,521

Services

   104,594    142,795

Wholesale and retail

   139,000    156,816

Banks and other financial institutions

   14,826    10,591

Communication and information services

   36,853    45,115

Other industries

   20,615    36,192

Consumer

   372,944    318,861
         

Total domestic

   1,096,072    1,028,236
         

Foreign:

     

Governments and official institutions

   4,279    45

Banks and other financial institutions

   56,628    2,793

Commercial and industrial

   81,990    111,852

Other

   10,553    1,529
         

Total foreign

   153,450    116,219
         

Total

   1,249,522    1,144,455
         

Restructured loans:

     

Domestic

   457,838    492,230

Foreign

   63,750    25,035
         

Total

   521,588    517,265
         

Accruing loans contractually past due 90 days or more:

     

Domestic

   15,047    14,954

Foreign

   6,440    2,998
         

Total

   21,487    17,952
         

Total

   1,792,597    1,679,672
         

 

- 5 -

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