Business Context and Reporting Period
This Form 6-K filing by Mitsubishi UFJ Financial Group, Inc. (MUFG) discloses the risk-adjusted capital ratios based on Basel 3 standards for the first quarter ended June 30, 2024. The report was filed on August 14, 2024. MUFG is a global financial group headquartered in Tokyo with operations in over 40 countries, offering commercial banking, trust banking, securities, and asset management services.
Key Financial Metrics (Capital Adequacy)
The filing focuses exclusively on capital adequacy ratios and risk-weighted assets. It does not provide revenue, profit, cash flow, or debt metrics.
| Entity | Common Equity Tier 1 (CET1) Ratio | Tier 1 Capital Ratio | Total Capital Ratio | Risk Weighted Assets (Billion JPY) |
|---|---|---|---|---|
| MUFG (Consolidated) | 13.39% | 15.55% | 17.64% | 113,701.5 |
| MUFG Bank (Consolidated) | 14.16% | 16.43% | 18.45% | 89,657.5 |
| MUFG Trust (Consolidated) | 13.47% | 15.72% | 18.28% | 10,466.9 |
| MUFG Bank (Non-Consolidated) | 11.67% | 14.26% | 16.19% | 76,353.6 |
| MUFG Trust (Non-Consolidated) | 14.82% | 16.83% | 19.13% | 11,584.0 |
Material Changes vs. Prior Period
Comparisons are made against the period ended March 31, 2024.
- MUFG Consolidated: All capital ratios declined slightly. The Total Capital Ratio decreased by 0.18% to 17.64%, and the CET1 ratio decreased by 0.13% to 13.39%. Risk-weighted assets increased by 2,541.3 billion yen.
- MUFG Bank Consolidated: Capital ratios improved. The Total Capital Ratio increased by 0.33% to 18.45%, and the CET1 ratio increased by 0.35% to 14.16%. Total capital increased by 632.8 billion yen.
- MUFG Trust Consolidated: Significant declines in capital ratios were reported. The Total Capital Ratio dropped by 2.13% to 18.28%, and the CET1 ratio fell by 2.08% to 13.47%. Total capital decreased by 207.7 billion yen.
- Non-Consolidated Entities: MUFG Bank (Non-Consolidated) saw slight decreases in ratios, while MUFG Trust (Non-Consolidated) saw slight increases.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or specific risk factors beyond the standard regulatory capital disclosures. The document strictly reports historical capital adequacy data as of June 30, 2024.
Investor Verification Checklist
- Verify the reasons for the 2.13% decline in the Total Capital Ratio for Mitsubishi UFJ Trust and Banking Corporation (Consolidated).
- Confirm the drivers behind the 2,541.3 billion yen increase in consolidated risk-weighted assets for MUFG.
- Review the full Q1 2024 earnings release for revenue, net income, and cash flow data, as this filing does not include them.
- Check if the decline in MUFG Trust's capital ratios impacts its regulatory compliance or dividend capacity.