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# Mitsubishi UFJ Financial Group (MUFG) - Recent Events, Quarter Ended June 30, 2026 Dollar amounts are converted from Japanese yen at the average rate for the period (closing rate for balances and forward-looking figures), using Federal Reserve H.10 daily rates. Percentages the company states without an amount are as given, in yen terms. MUFG is a foreign private issuer and furnishes its results on Form 6-K under Japanese GAAP. ## Filings that contain financial statements - **6-K, filed August 3, 2026 (accession 0001193125-26-329414)**: Consolidated Summary Report (Japanese GAAP) for the three months ended June 30, 2026, with prior-year comparatives. It holds the consolidated balance sheets (March 31 and June 30, 2026), consolidated statements of income and of comprehensive income, segment information, and selected financial information (gross profits, credit costs, loan quality, securities, ROE, interest spreads, loans and deposits, trust assets). It states that no consolidated statement of cash flows is prepared for the quarter; only depreciation and goodwill amortization are given. The accompanying text states the quarterly financial statements were not reviewed by an audit firm. - **6-K, filed August 6, 2026 (accession 0001193125-26-336512)**: the same three-month Consolidated Summary Report, reissued after completion of a voluntary interim review by a Japanese audit firm. Same statements and period as the August 3 filing. - **6-K, filed June 24, 2026 (accession 0001193125-26-280186)**: English translation of excerpts from the Securities Report for the fiscal year ended March 31, 2026 (Japanese GAAP), including annual consolidated statements and notes. This is a prior-year-end document, not interim data. - **6-K/A, filed June 24, 2026 (accession 0001193125-26-280192)**: corrections to a table in the fiscal-year-ended-March-31, 2026 Consolidated Summary Report (redemption schedule of securities); it is a partial correction, not a full set of statements. - **6-K, filed August 14, 2026 (accession 0001193125-26-350183)**: capital ratio table only (see below); no income statement or balance sheet. ## Quarterly results (6-K filed August 3, 2026, accession 0001193125-26-329414) - **Profit:** Profits attributable to owners of the parent were ¥809.4 billion ($5.08 billion) for the three months ended June 30, 2026, up 48.2% from ¥546.1 billion ($3.78 billion) a year earlier (up 34.4% in US dollar terms). Basic EPS was ¥71.77 ($0.45) against ¥47.55 ($0.33). - **Ordinary income and profits:** Ordinary income was ¥3,907.5 billion ($24.52 billion), up 20.1% (up 8.9% in US dollars). Ordinary profits were ¥1,117.9 billion ($7.02 billion), up 57.8% (up 43.1% in US dollars) from ¥708.5 billion ($4.90 billion). - **Drivers disclosed:** Net interest income rose to $5.54 billion (¥882.4 billion) from $4.78 billion (¥690.8 billion); net trading profits were $832.70 million (¥132.7 billion) against $296.13 million (¥42.8 billion); equity-method earnings were $1.64 billion (¥261.6 billion) against $1.09 billion (¥158.0 billion); net gains on equity securities were $620.71 million (¥98.9 billion) against $209.79 million (¥30.3 billion). Total credit costs were $452.19 million (¥72.1 billion) against $324.84 million (¥46.9 billion). Income taxes rose to $1.70 billion (¥271.7 billion) from $1.02 billion (¥147.2 billion), with deferred taxes of $535.97 million (¥85.4 billion) against $16.33 million (¥2.4 billion). - **Segments:** Total segment operating profit was $5.15 billion (¥820.5 billion) against $3.75 billion (¥542.2 billion). MUFG changed the method of allocating net revenue and operating expenses among its segments this quarter and restated the prior-year quarter on the new basis. - **Balance sheet:** Total assets were ¥433,913 billion ($2.67 trillion) at June 30, 2026, against $2.7 trillion (¥431,732 billion) at March 31, 2026. The non-performing loan ratio (consolidated) was 0.80%, down from 0.96%. ROE (JPX basis) was 14.40% against 10.78%. - **Full-year target unchanged:** MUFG kept its target of ¥2,700.0 billion ($16.60 billion) of profits attributable to owners of the parent for the fiscal year ending March 31, 2027, with no change from the May 15, 2026 announcement. The company states it gives a profit target rather than a forecast. - **Dividends:** The forecast for the fiscal year ending March 31, 2027 is ¥48 ($0.30) for each of the second quarter-end and year-end, ¥96 ($0.59) in total; the prior year paid ¥35 ($0.22) and ¥51 ($0.32), ¥86 ($0.54) in total. The filing states no revision to the dividend forecast. - **Reporting basis:** MUFG states it publishes US GAAP results only semiannually and annually and does not expect US GAAP results for this quarter. ## Capital ratios (6-K filed August 14, 2026, accession 0001193125-26-350183) As of June 30, 2026, MUFG's consolidated Basel 3 total capital ratio was 17.44% (16.85% at March 31, 2026), Tier 1 15.60% (14.95%), and Common Equity Tier 1 12.95% (12.47%). Risk-weighted assets were $768.84 billion (¥125,020.7 billion) against $752.32 billion (¥120,281.7 billion) at March 31, 2026. MUFG Bank consolidated CET1 was 13.79% (13.87%). ## Capital actions - **Medium-term plan target raised (6-K, May 15, 2026, accession 0001193125-26-225088):** MUFG raised its fiscal 2026 ROE target under the Medium-term Business Plan to approximately 12% from approximately 9%. The revised target uses the Tokyo Stock Exchange definition of ROE; the previous target used MUFG's own definition. MUFG said performance is expected to exceed initial projections. - **Share repurchase, announced May 15, 2026 and completed (6-K, June 26, 2026, accession 0001193125-26-283770; progress report 6-K, June 1, 2026, accession 0001193125-26-249543):** The board authorized repurchases of up to 45,000,000 shares and up to ¥100 billion ($624.65 million) between May 18 and June 30, 2026, on the Tokyo Stock Exchange. The June 26 filing states the repurchase is complete: cumulative 31,967,100 shares for ¥99,999,771,608 ($624.64 million), with 21,247,100 shares (¥67.2 billion, $418.55 million) bought June 1 to June 25. Treasury shares rose to 611,946,162 at June 30, 2026 from 580,104,991 at March 31, 2026 (accession 0001193125-26-329414). - **Year-end dividend approved (6-K, June 30, 2026, accession 0001193125-26-289289):** At the 21st Annual General Meeting on June 26, 2026, shareholders approved a year-end dividend of ¥51 per share ($0.31), ¥576.8 billion ($3.56 billion) in total, effective June 29, 2026. - **Financings in the quarter (Form 20-F, filed July 6, 2026, accession 0001628280-26-047095, Item 5 Recent Developments):** In April 2026 MUFG issued $5.5 billion and €0.5 billion (¥91.7 billion, $575.42 million) of External TLAC eligible senior debt, and in June 2026 it redeemed €0.5 billion (¥91.7 billion, $575.42 million) of External TLAC eligible senior debt. In April 2026 it issued ¥350.0 billion ($2.20 billion) of perpetual subordinated Additional Tier 1 debt. In April and June 2026 it redeemed ¥55.0 billion ($345.13 million) of subordinated term Tier 2 debt. - **Senior note issuance, July 2026 (6-K, July 24, 2026, accession 0001193125-26-315288):** Under an underwriting agreement dated July 13, 2026, MUFG issued six tranches of senior callable notes outside Japan, totalling $3.0 billion: $400 million floating rate due July 24, 2030; $500 million floating rate due July 23, 2032; $500 million 4.980% fixed-to-fixed reset due July 24, 2030; $600 million 5.190% due July 23, 2032; $500 million 5.568% due July 24, 2037; and $500 million 6.049% due July 24, 2047. - **Senior note issuance, September 2026 (6-K, September 18, 2026, accession 0001193125-26-395145):** Under an underwriting agreement dated September 8, 2026, MUFG issued five tranches of senior callable notes, totalling $3.5 billion: $400 million floating rate due September 17, 2032; $750 million 5.126% fixed-to-fixed reset due September 18, 2030; $850 million 5.437% due September 17, 2032; $750 million 5.625% due September 15, 2034; and $750 million 6.205% due September 18, 2047. ## Governance - **Annual General Meeting results (6-K, June 30, 2026, accession 0001193125-26-289289):** All 15 nominated directors were elected. Approval ratios ranged from 70.72% (Hiroshi Shimizu) to 97.95% (David Sneider); the year-end dividend item was approved with 98.94%. ## Annual report - **Form 20-F (filed July 6, 2026, accession 0001628280-26-047095), announced by 6-K on July 7, 2026 (accession 0001193125-26-296825):** The annual report for the fiscal year ended March 31, 2026 includes audited consolidated financial statements under US GAAP. - **Securities Report excerpts (6-K, June 24, 2026, accession 0001193125-26-280186):** English translation of selected Japanese Securities Report content, including risk factors (top risks cited include rising global interest rates and unrealized bond losses, foreign-currency liquidity, credit costs, and cyber and third-party risk) and Japanese GAAP annual statements. ## M&A and other items - **Shriram Finance, completed April 8, 2026 (Form 20-F, filed July 6, 2026, accession 0001628280-26-047095, Note 33 and Item 5 Recent Developments):** Under an investment agreement of December 19, 2025 with Shriram Finance Limited, an Indian non-banking financial company, and its shareholders Shriram Ownership Trust and Shriram Capital Private Limited, MUFG Bank completed the acquisition of 20.0% (fully diluted) of Shriram Finance through a preferential allotment of newly issued shares. The total cash outflow, including the purchase consideration and acquisition-related costs, was ¥713,260 million ($4.50 billion). Shriram Finance became an equity-method affiliate of MUFG and MUFG Bank. - **Bank Danamon (Form 20-F, filed July 6, 2026, accession 0001628280-26-047095, Item 4):** In May 2026 Bank Danamon and MUFG Bank agreed to enter into a memorandum of understanding to explore integrating Bank Danamon with MUFG Bank's Jakarta branch. The integration is expected to take effect within calendar year 2027 and remains subject to a binding agreement, approvals from relevant regulatory authorities and Danamon's shareholders. - **Subsidiaries:** The quarterly report states no change in significant consolidated subsidiaries during the three months ended June 30, 2026 (Shriram Finance is an equity-method affiliate, not a consolidated subsidiary).