0001193125-24-138813.txt : 20240515 0001193125-24-138813.hdr.sgml : 20240515 20240515060858 ACCESSION NUMBER: 0001193125-24-138813 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240515 DATE AS OF CHANGE: 20240515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MITSUBISHI UFJ FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000067088 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-54189 FILM NUMBER: 24946927 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 10020-1104 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 d826381d6k.htm FORM 6-K FORM 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

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

the Securities Exchange Act of 1934

For the month of May 2024

Commission File No. 000-54189

 

 

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 office)

 

 

Indicate by check mark whether the registrant files or

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

Form 20-F  X  Form 40-F     

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(7):

 

 

 

THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM F-3 (NO. 333-273681) OF MITSUBISHI UFJ FINANCIAL GROUP, INC. AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.

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: May 15, 2024

 

Mitsubishi UFJ Financial Group, Inc.
By:  

/s/ Toshinao Endo

Name:   Toshinao Endo
Title:  

Managing Director, Head of Documentation & Corporate Secretary Department,

Corporate Administration Division

Mitsubishi UFJ Financial Group, Inc. (MUFG)

MUFG Announces Details of Share-Based Compensation Plan for Employees

Tokyo, May 15, 2024 – MUFG today announced that it has finalized details regarding the shares to be acquired by the ESOP Trust for the Share-Based Compensation Plan[1] (the “Plan”), which it will introduce for employees in management positions who satisfy certain requirements (the “Eligible Employees”) at three MUFG subsidiaries (MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking Corporation, and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.). The details are as follows.

For the content of the Plan, please refer to the announcement dated March 28, 2024, titled “MUFG to Introduce Share-Based Compensation Plan for Employees.[2]”

 

1.

Details about the shares to be acquired by the ESOP Trust

 

Amount of trust money

    Approximately 4.3 billion yen (including trust fees and trust expenses)

Timing of acquisition of shares

    From May 17, 2024 to June 14, 2024 (planned)

Method of acquisition of shares

    Acquisition on the stock market

 

[1]

The Plan adopts a scheme called an Employee Stock Ownership Plan (the “ESOP Trust”).

 

[2]

Please refer to the l1ink below for “MUFG to Introduce Share-Based Compensation Plan for Employees.”

https://www.mufg.jp/dam/pressrelease/2024/pdf/news-20240328-001_en.pdf

- End -

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

 

1

(Reference)

[Outline of the Trust Agreement]

 

(i)  Trust type

   

A money trust other than an individually-operated designated money trust

(third party benefit trust)

(ii)   Trust purpose

    To provide incentives to eligible employees

(iii)   Settlor

    MUFG

(iv)  Trustee

   

Mitsubishi UFJ Trust and Banking Corporation

(Co-trustee: The Master Trust Bank of Japan, Ltd.)

(v)    Beneficiaries

    Eligible employees satisfying the beneficiary requirements

(vi)  Trust administrator

    A third party that does not have any interest in the Covered Companies (certified public accountant)

(vii)  Trust agreement date

    May 16, 2024 (planned)

(viii)   Trust period

    From May 16, 2024 (planned) to August 31, 2027 (planned)

(ix)  Start date

    July 1, 2024 (planned)

(x)    Exercise of voting rights

    No exercise

(xi)  Type of acquired shares

    Ordinary shares of MUFG

(xii)  Amount of trust money

   

Approximately 4.3 billion yen

(including trust fees and trust expenses)

(xiii)   Timing of acquisition of shares

    From May 17, 2024 to June 14, 2024 (planned)

(xiv) Method of acquisition of shares

    Acquisition on the stock market

(xv)   Holder of vested rights

    MUFG

(xvi) Residual assets

    Residual assets that can be received by MUFG, as the holder of the vested rights, shall be within the limit of the trust expense reserve calculated by deducting the cost for acquiring the shares from the Trust from the trust money.

 

2