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 February 2026

Commission File No. 000-54189

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

4-5, Marunouchi 1-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FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.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: February 4, 2026


Mitsubishi UFJ Financial Group, Inc.

By:		/s/ Yoshitaka Sekine
Name:		Yoshitaka Sekine
Title:		Managing Director, Head of Documentation & Corporate Secretary Department, Corporate Administration Division

LOGO

Consolidated Summary Report

<under Japanese GAAP>

for the nine months ended December 31, 2025

February 4, 2026


Company name:		Mitsubishi UFJ Financial Group, Inc.
Stock exchange listings:		Tokyo, Nagoya, New York
Code number:		8306
URL		https://www.mufg.jp/english/
Representative:		Hironori Kamezawa, President & Group CEO
For inquiry:		Masahisa Takahashi, Managing Director, Head of Financial Accounting and Reporting, Financial Accounting Office, Financial Planning Division
		TEL +81-50-3613-1179
Dividend payment date:		—
Trading accounts:		Established
Supplemental information for on financial results:		Available
Investor meeting presentation:		None

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Data for the Nine Months ended December 31, 2025

(1)	Results of Operations


	(% represents the change from the same period in the previous fiscal year)
	Ordinary Income				Ordinary Profits				Profits Attributable to Owners of Parent
	million yen		%		million yen		%		million yen		%
For the nine months ended
December 31, 2025		10,643,805		3.6		2,509,250		3.6		1,813,508		3.7
December 31, 2024		10,277,584		20.8		2,421,937		34.4		1,748,939		34.7

(*)	Comprehensive income

December 31, 2025: 2,188,784 million yen, 30.0 %; December 31, 2024: 1,684,256 million yen, (28.9) %


	Basic earnings per share		Diluted earnings per share
	yen		yen
For the nine months ended
December 31, 2025		158.89		158.31
December 31, 2024		149.85		149.42

(2)	Financial Conditions


	Total Assets		Total Net Assets		*Equity-to-asset ratio ()**
	million yen		million yen		%
As of
December 31, 2025		418,107,863		22,809,787		5.1
March 31, 2025		413,113,501		21,728,132		5.0

(Reference) Shareholders’ equity as of December 31, 2025: 21,363,269 million yen; March 31, 2025: 20,520,374 million yen

(*)	“Equity-to-asset ratio” is computed under the formula shown below

(Total net assets - Subscription rights to shares - Non-controlling interests) / Total assets

2. Dividends on Common Stock


	Dividends per Share
	1st quarter-end		2nd quarter-end		3rd quarter-end		Fiscal year-end		Total
	yen		yen		yen		yen		yen
For the fiscal year
ended March 31, 2025		—		25.00		—		39.00		64.00
ending March 31, 2026		—		35.00		—
ending March 31, 2026 (Forecast)								39.00		74.00

(*)	Revision of forecasts for dividends on the presentation date of this Consolidated Summary Report : None

3. Earnings Target for the Fiscal Year ending March 31, 2026 (Consolidated)

MUFG has an earnings target of 2,100.0 billion yen of profits attributable to owners of parent for the fiscal year ending March 31, 2026.(There is no change to our earnings target released on November 14, 2025.)

MUFG is engaged in financial service businesses such as banking business, trust banking business, securities business and credit card/loan businesses. Because there are various uncertainties caused by economic situation, market environments and other factors in these businesses, MUFG discloses a target of its profits attributable to owners of parent instead of a forecast of its performance.

 Notes

(1)	Changes in significant subsidiaries during the period: No

(2)	Adoption of any particular accounting methods for quarterly consolidated financial statements: No

(3)	Changes in accounting policies, changes in accounting estimates and restatements

(A) Changes in accounting policies due to revision of accounting standards: No

(B) Changes in accounting policies due to reasons other than (A): No

(D) Restatements: No

(4)	Number of common stocks outstanding at the end of the period


(A) Total stocks outstanding including treasury stocks:	December 31, 2025	11,867,710,920 shares
	March 31, 2025	12,067,710,920 shares
(B) Treasury stocks:	December 31, 2025	532,712,226 shares
	March 31, 2025	561,193,945 shares
(C) Average outstanding stocks:	Nine months ended December 31, 2025	11,413,282,350 shares
	Nine months ended December 31, 2024	11,671,236,948 shares

 Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

 Notes for using forecasted information etc.

This financial summary report contains forward-looking statements regarding estimations, forecasts, targets and plans in relation to the results of operations, financial conditions and other overall 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 estimations, forecasts, targets and plans regarding future events, certain assumptions have been made. Accordingly, due to various risks and uncertainties, the statements and assumptions are inherently not guarantees of future performance, may be considered differently from alternative perspectives and may result in material differences from the actual result. For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced.

The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan (“Japanese GAAP” ). Differences exist between Japanese GAAP and the accounting principles generally accepted in the United States (“U.S. GAAP”) in certain material respects. Such differences have resulted in the past, and are expected to continue to result for this period and future periods, in amounts for certain financial statement line items under U.S. GAAP to differ significantly from the amounts under Japanese GAAP. For example, differences in consolidation basis or accounting for business combinations, including but not limited to amortization and impairment of goodwill, could result in significant differences in our reported financial results between Japanese GAAP and U.S. GAAP. Readers should consult their own professional advisors for an understanding of the differences between Japanese GAAP and U.S. GAAP and how those differences might affect our reported financial results. To date, we have published U.S. GAAP financial results only on a semiannual and annual basis, and currently do not expect to publish U.S. GAAP financial results for the period reported in this financial summary report.

Mitsubishi UFJ Financial Group, Inc.

(Appendix)

Contents of Appendix


1. Results of Operations and Financial Condition			2
2. Consolidated Financial Statements and Notes			3
(1) Consolidated Balance Sheets			3
(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income			5
(3) The Framework for Financial Reporting applied to Quarterly Consolidated Financial Statements			7
(4) Changes in Accounting Policies			7
(5) Segment Information			8
(6) Notes for Material Changes in Shareholders ’Equity			10
(7) Notes on Going-Concern Assumption			10
(8) Consolidated Statements of Cash Flows			10
(9) Additional Information			10

Supplemental Information:

“Selected Financial Information under Japanese GAAP For the Nine Months Ended December 31, 2025”

Mitsubishi UFJ Financial Group, Inc.

1. Results of Operations and Financial Condition

The subject matter is described in the “Financial Highlights” disclosed on February 4, 2026, which is available on our website at https://www.mufg.jp/english/ir/fs/index.html.

The information is posted under the Financial Information, FY2025 (Fisical Year Ending Mar.2026) JGAAP, Third Quarter, on the above website.

Mitsubishi UFJ Financial Group, Inc.

2. Consolidated Financial Statements and Notes

(1) Consolidated Balance Sheets


(in millions of yen)	As of March 31, 2025			As of December 31, 2025
Assets:
Cash and due from banks		109,095,437			89,184,343
Call loans and bills bought		1,180,949			1,559,713
Receivables under resale agreements		18,856,895			18,333,267
Receivables under securities borrowing transactions		5,701,495			4,726,642
Monetary claims bought		6,620,404			7,591,647
Trading assets		26,142,919			33,875,592
Money held in trust		1,084,487			1,224,111
Securities		86,125,371			85,123,357
Loans and bills discounted		121,436,133			130,338,032
Foreign exchanges		1,913,526			2,457,074
Other assets		17,824,068			25,122,151
Tangible fixed assets		1,240,104			1,380,295
Intangible fixed assets		1,875,551			1,940,044
Net defined benefit assets		2,217,529			2,285,502
Deferred tax assets		148,752			134,990
Customers’ liabilities for acceptances and guarantees		12,864,745			14,030,653
Allowance for credit losses		(1,214,870	)		(1,199,555	)

Total assets		413,113,501			418,107,863

Liabilities:
Deposits		228,512,749			232,508,734
Negotiable certificates of deposit		17,374,010			18,207,720
Call money and bills sold		5,072,926			5,192,044
Payables under repurchase agreements		43,359,076			39,058,629
Payables under securities lending transactions		699,852			1,416,750
Commercial papers		3,475,042			3,976,944
Trading liabilities		19,362,603			26,707,033
Borrowed money		22,101,954			10,456,781
Foreign exchanges		2,508,462			2,512,530
Short-term bonds payable		1,373,236			1,124,012
Bonds payable		14,018,955			15,897,083
Due to trust accounts		4,937,999			3,396,843
Other liabilities		14,563,347			19,678,477
Reserve for bonuses		251,665			198,756
Reserve for bonuses to directors		2,879			3,138
Reserve for stocks payment		11,077			11,919
Net defined benefit liabilities		104,612			106,214
Reserve for retirement benefits to directors		813			904
Reserve for loyalty award credits		7,730			9,945
Reserve for contingent losses		150,657			124,575
Reserves under special laws		5,295			5,886
Deferred tax liabilities		540,770			588,253
Deferred tax liabilities for land revaluation		84,903			84,240
Acceptances and guarantees		12,864,745			14,030,653

Total liabilities		391,385,368			395,298,076

Mitsubishi UFJ Financial Group, Inc.


(in millions of yen)	As of March 31, 2025			As of December 31, 2025
Net assets:
Capital stock		2,141,513			2,141,513
Capital surplus		—			—
Retained earnings		14,845,617			15,533,884
Treasury stock		(726,631	)		(799,427	)

Total shareholders’ equity		16,260,498			16,875,970

Net unrealized gains (losses) on available-for-sale securities		1,327,127			1,892,643
Net deferred gains (losses) on hedging instruments		(894,227	)		(1,307,531	)
Land revaluation excess		122,400			121,461
Foreign currency translation adjustments		3,198,279			3,367,121
Remeasurements of defined benefit plans		554,502			506,888
Debt value adjustments of foreign subsidiaries and affiliates		(51,663	)		(97,582	)
Net unrealized gains (losses) on loans of foreign subsidiaries and affiliates		3,457			4,297

Total accumulated other comprehensive income		4,259,875			4,487,299

Subscription rights to shares		11			20
Non-controlling interests		1,207,746			1,446,498

Total net assets		21,728,132			22,809,787

Total liabilities and net assets		413,113,501			418,107,863

Mitsubishi UFJ Financial Group, Inc.

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income

Consolidated Statements of Income


(in millions of yen)	For the nine months ended December 31, 2024		For the nine months ended December 31, 2025
Ordinary income		10,277,584		10,643,805
Interest income		6,483,557		6,439,631
Interest on loans and bills discounted		3,282,823		3,122,284
Interest and dividends on securities		1,225,699		1,341,538
Trust fees		107,504		119,426
Fees and commissions		1,725,244		1,885,256
Trading income		288,130		315,354
Other operating income		470,870		675,583
Other ordinary income		1,202,276		1,208,552
Ordinary expenses		7,855,646		8,134,554
Interest expenses		4,309,559		4,246,420
Interest on deposits		1,679,732		1,556,692
Fees and commissions		312,429		324,837
Trading expenses		—		119,682
Other operating expenses		331,999		275,291
General and administrative expenses		2,361,816		2,504,614
Other ordinary expenses		539,842		663,709

Ordinary profits		2,421,937		2,509,250

Extraordinary gains		11,692		47,102
Gains on disposition of fixed assets		11,692		7,512
Gains on step acquisitions		—		22,028
Gains on liquidation of subsidiaries		—		17,555
Gains on change in equity		—		5
Extraordinary losses		27,535		60,399
Losses on disposition of fixed assets		7,296		12,557
Losses on impairment of fixed assets		16,949		16,510
Provision for reserve for contingent liabilities from financial instruments transactions		266		591
Provision for reserve for contingent liabilities arising from commodities transactions		—		0
Expenses relating to systems integration		—		30,739
Losses on sales of shares of subsidiaries		3,023		—

Profits before income taxes		2,406,094		2,495,954

Income taxes-current		432,990		532,424
Income taxes-deferred		147,449		47,526

Total taxes		580,440		579,951

Profits		1,825,654		1,916,003

Profits attributable to non-controlling interests		76,714		102,494

Profits attributable to owners of parent		1,748,939		1,813,508

Mitsubishi UFJ Financial Group, Inc.

Consolidated Statements of Comprehensive Income


(in millions of yen)	For the nine months ended December 31, 2024			For the nine months ended December 31, 2025
Profits		1,825,654			1,916,003
Other comprehensive income
Net unrealized gains (losses) on available-for-sale securities		(502,465	)		543,094
Net deferred gains (losses) on hedging instruments		(115,304	)		(412,295	)
Land revaluation excess		—			16
Foreign currency translation adjustments		348,360			50,771
Remeasurements of defined benefit plans		(42,233	)		(49,173	)
Net unrealized gains (losses) on loans of foreign subsidiaries		3,198			2,692
Share of other comprehensive income of associates accounted for using equity method		167,047			137,675

Total other comprehensive income		(141,397	)		272,781

Comprehensive income		1,684,256			2,188,784

(Comprehensive income attributable to)
Comprehensive income attributable to owners of parent		1,556,329			2,043,270
Comprehensive income attributable to non-controlling interests		127,926			145,514

Mitsubishi UFJ Financial Group, Inc.

(3) The Framework for Financial Reporting applied to Quarterly Consolidated Financial Statements

The quarterly consolidated financial statements, which consist of the quarterly consolidated balance sheet, the quarterly consolidated statement of income, the quarterly consolidated statement of comprehensive income, and the notes thereto, have been prepared in accordance with Article 4, Paragraph 1 of the Tokyo Stock Exchange, Inc. ’s and Nagoya Stock Exchange, Inc. ’s Standards for the Preparation of Quarterly Financial Statements (the “Standards”) and accounting principles for quarterly financial statements generally accepted in Japan (provided, however, that certain information has been omitted in accordance with Article 4, Paragraph 2 of the Standards).

(4) Changes in Accounting Estimates

(Change in the credit rating system used for calculating the allowance for credit losses)

Our principal domestic consolidated banking subsidiaries have established a credit rating system that is consistent with the borrower classification as a uniform standard for evaluating credit risk. The allowance for credit losses is calculated using internal credit ratings determined based on such credit rating system.

Following the adoption of a new credit rating system designed to further enhance their credit risk management framework, the subsidiaries calculated their allowance for credit losses using internal credit ratings determined under the new credit rating system as of the end of the nine months ended December 31, 2025.

The impact of the resulting changes in accounting estimates on our consolidated financial statements as of and for the nine months ended December 31, 2025, is immaterial.

Mitsubishi UFJ Financial Group, Inc.

(5) Segment Information

I.	Business segment information

1	Summary of reporting segments

MUFG ’s reporting segments are business units of MUFG which its Executive Committee, the decision-making body for the execution of its business operations, regularly reviews to make decisions regarding allocation of management resources and evaluate performance.

MUFG makes and executes unified group-wide strategies based on customer characteristics and the nature of business. Accordingly, MUFG has adopted customer-based and business-based segmentation, which consists of the following reporting segments: Retail & Digital Business Group, Commercial Banking & Wealth Management Business Group, Japanese Corporate & Investment Banking Business Group, Global Commercial Banking Business Group, Asset Management & Investor Services Business Group, Global Corporate & Investment Banking Business Group, Global Markets Business Group and Other.


Retail & Digital Business Group:		Providing financial services to individual customers (excluding wealth management customers) and corporate customers through the three channels under the concept of “Real (Face-to-Face) × Remote × Digital”

Commercial Banking & Wealth Management Business Group:		Providing financial services to corporate and wealth management customers

Japanese Corporate & Investment Banking Business Group:		Providing financial services to large Japanese corporate customers in and outside Japan

Global Commercial Banking Business Group:		Providing financial services to individual and small to medium sized corporate customers through overseas commercial bank investees of MUFG

Asset Management & Investor Services Business Group:		Providing asset management and administration and pension services to domestic and overseas investor, asset manager and operating company customers

Global Corporate & Investment Banking Business Group:		Providing financial services to large non-Japanese corporate customers

Global Markets Business Group:		Providing services relating to foreign currency exchange, funds and investment securities to customers, as well as conducting market transactions and managing liquidity and cash for MUFG

Other:		Other than the businesses mentioned above

a	Changes in the method of calculation of operating profit (loss) of each reporting segment

In the nine months ended December 31, 2025, MUFG changed the method of allocation of net revenue and operating expenses among reporting segments and accordingly changed the method of calculation of operating profit (loss) of each reporting segment.

The business segment information for the nine months ended December 31, 2024 has been restated based on the new calculation method.

Mitsubishi UFJ Financial Group, Inc.

2	Information on net revenue and operating profit (loss) for each reporting segment

For the nine months ended December 31, 2024


	(in millions of yen)
	For the nine months ended December 31, 2024
	Retail & Digital Business Group		Commercial Banking & Wealth Management Business Group		Japanese Corporate & Investment Banking Business Group		Global Commercial Banking Business Group		Asset Management & Investor Services Business Group		Global Corporate & Investment Banking Business Group		Total of Customer Business		Global Markets Business Group		Other			Total
Net revenue		¥686,833	¥	518,894	¥	773,286	¥	803,119	¥	371,334	¥	717,179	¥	3,870,647	¥	261,534	¥	(17,331	)	¥	4,114,850
Operating expenses		490,629		317,644		287,568		431,753		268,479		333,484		2,129,561		233,611		57,449			2,420,622

Operating profit (loss)		¥196,203	¥	201,249	¥	485,717	¥	371,365	¥	102,854	¥	383,695	¥	1,741,085	¥	27,923	¥	(74,781	)	¥	1,694,227

(Notes)

“Net revenue” in the above table is used in lieu of net sales generally used by Japanese non-financial companies.

“Net revenue” includes net interest income, trust fees, net fees and commissions, net trading profit, and net other operating profit.

“Operating expenses” includes personnel expenses and premise expenses.

For the nine months ended December 31, 2025


	(in millions of yen)
	For the nine months ended December 31, 2025
	Retail & Digital Business Group		Commercial Banking & Wealth Management Business Group		Japanese Corporate & Investment Banking Business Group		Global Commercial Banking Business Group		Asset Management & Investor Services Business Group		Global Corporate & Investment Banking Business Group		Total of Customer Business		Global Markets Business Group		Other			Total
Net revenue	¥	782,790	¥	608,423	¥	792,053	¥	641,992	¥	439,478	¥	787,487	¥	4,052,225	¥	439,815	¥	(15,364	)	¥	4,476,675
Operating expenses		568,236		338,219		303,610		383,836		320,814		361,666		2,276,383		247,023		80,637			2,604,044

Operating profit (loss)	¥	214,553	¥	270,203	¥	488,443	¥	258,155	¥	118,664	¥	425,821	¥	1,775,841	¥	192,791	¥	(96,002	)	¥	1,872,631

(Notes)

“Net revenue” in the above table is used in lieu of net sales generally used by Japanese non-financial companies.

“Net revenue” includes net interest income, trust fees, net fees and commissions, net trading profit, and net other operating profit.

“Operating expenses” includes personnel expenses and premise expenses.

Mitsubishi UFJ Financial Group, Inc.

3	Reconciliation of the total operating profit in each of the above tables to the ordinary profit in the consolidated statement of income for the corresponding nine-month period


Operating profit	For the nine months ended December 31, 2024			For the nine months ended December 31, 2025
Total operating profit of reporting segments		1,694,227			1,872,631
Operating profit of consolidated subsidiaries excluded from reporting segments		(530	)		(3,083	)
Provision for general allowance for credit losses		72,070			44,568
Credit related expenses		(412,521	)		(342,971	)
Gains on reversal of reserve for contingent losses included in credit costs		5,383			8,211
Gains on loans written-off		84,061			70,394
Net gains on equity securities and other securities		488,176			183,322
Equity in earnings of the equity method investees		428,147			582,912
Others		62,922			93,265

Ordinary profit in the consolidated statement of income		2,421,937			2,509,250

(6)

Notes for Material Changes in Shareholders’ Equity

None.

(7)

Notes on Going-Concern Assumption

None.

(8)

Consolidated Statements of Cash Flows

No consolidated statements of cash flows have been prepared for the nine-month periods ended December 31, 2024 and 2025. Depreciation (including amortization of intangible assets other than goodwill) and amortization of goodwill for the periods indicated were as follows:


	(in millions of yen)

	For the nine months ended December 31,
	2024		2025
Depreciation	¥	284,249	¥	316,381
Amortization of goodwill		27,297		29,958

(9)

Additional Information

(Information which is relevant to the understanding of the readers of the consolidated financial statements regarding the calculation of allowance for credit losses)

The process of calculating the allowance for credit losses for MUFG Bank, Ltd. (“the Bank” ) and its domestic consolidated subsidiaries, our principal domestic consolidated banking subsidiaries, involves various estimates such as determination of borrower credit ratings which are based on evaluation and classification of borrowers’ debt-service capacity, assessment of the value of collateral provided by borrowers, estimation of future cash flows when applying the cash flow estimation method, and adjustments for future loss projections and other factors to the loss rates calculated based on historical credit loss experience.

Among these, internal credit ratings are assigned to counterparties based on qualitative factors such as the current and expected future business environment of the industry to which they belong as well as their management and funding risks in addition to quantitative financial evaluations through an analysis of their financial results. In particular, those determination of internal credit ratings for these counterparties may be highly dependent on our assessment of the prospects of improvements in their operating results and their ability to continue as going concerns.

Mitsubishi UFJ Financial Group, Inc.

The Bank, our principal consolidated domestic banking subsidiary, applies the cash flow estimation method when determining allowance for credit losses for loans to substantially bankrupt borrowers and borrowers requiring special attention and caution in cases where it is possible to reasonably estimate the cash flows related to the collection of loan principal and receipt of interest payments. The estimation of such future cash flows is based on a borrower-specific assessment regarding the collectability of loans, including past collection experience, evaluation of the borrower’s restructuring plans, the financial condition and operating results of the borrower, and the economic environment of the industry to which the borrower belongs. In this regard, the estimation of future cash flows may be highly dependent on estimation of borrowers’ future performance and business sustainability. Estimates are subject to a high degree of uncertainly especially when made in connection with assessments regarding the collectability of loans to substantially bankrupt borrowers with respect to which objective information is not reasonably available.

In addition, when calculating allowance for credit losses, the Bank determines loss rates primarily by calculating a rate of loss based on a historical average of the credit loss rate or a historical average of the default probability derived from actual credit loss experience or actual bankruptcy experience and making necessary adjustments based on future projections and other factors.

The Bank makes such adjustments to the loss rates calculated based on historical loss experience, taking into account future projections and other factors, especially considering the uncertain business environment arising from potential changes in the Russia-Ukraine situation and the trade policies of various countries. These adjustments are implemented made when deemed necessary, for example, by considering any additional expected loss amount not captured by the loss rates calculated based on historical loss experience. The amount of impact of these adjustments as of December 31, 2025 is ¥15,499 million (¥33,610 million as of March 31, 2025).

In addition, certain overseas subsidiaries which apply IFRS recognize allowance for credit losses in accordance with IFRS9 “Financial Instruments.” At each reporting date, these subsidiaries assess whether the credit risk on a financial asset has increased significantly since initial recognition, and if the credit risk has not increased significantly since initial recognition, the subsidiaries measure the allowance for credit losses for the financial asset at an amount equal to the 12-month expected credit loss. On the other hand, if the credit risk on a financial asset has increased significantly since initial recognition, the subsidiaries measure the allowance for credit losses for the financial asset at an amount equal to the lifetime expected credit loss. Expected credit losses are calculated using a quantitative model that reflects economic forecast scenarios based on macroeconomic variables. The calculation process includes determination of macroeconomic variables used in multiple economic forecast scenarios and the weightings applied to each economic forecast scenario. Expected credit losses are adjusted for qualitative factors to compensate for expected credit losses that are not reflected in a quantitative model.

Significant assumptions used in our calculation of allowance for credit losses, including those described above, are subject to uncertainty. In particular, certain counterparties’ prospects of improvements in their operating results and expectations as to their ability to continue as going concerns, and adjustments to the rates of loss calculated based on actual experience for future projections and other factors, as well as determination of the macroeconomic variables used in, and the weightings applied to, multiple economic forecast scenarios, and adjustments thereto for qualitative factors, by certain subsidiaries which apply IFRS, are based on estimation relating to the economic environment, including changes in economic conditions, commodity prices and monetary and trade policies in each country as well as geopolitical situations, with respect to which objective data are not readily available.

In particular, future developments concerning the Russia-Ukraine situation and the trade policies of various countries are subject to significant uncertainty. Accordingly, we make certain assumptions, including that the current Russia-Ukraine situation continues for the foreseeable future and that the trade policies of various countries, while being subject to policy and other changes over the short term, will generally be implemented with consideration for economic and price trends. The recorded allowance represents our best estimate made based on such assumptions and in a manner designed to ensure objectivity and rationality.

For the nine months ended December 31, 2025, such assumptions remained substantially unchanged because no significant changes were observed subsequent to the previous fiscal year end with respect to the events or circumstances underlying the outlook relating to the Russia-Ukraine situation and developments in the trade policies of various countries. However, these assumptions are highly uncertain, and significant additional provision for credit losses may be recognized for the fiscal year ending March 31, 2026 and subsequent reporting periods due to these and other factors and circumstances affecting the financial performance of counterparties or the economic environment.

Selected Financial Information

under Japanese GAAP

For the Nine Months Ended December 31, 2025


Mitsubishi UFJ Financial Group, Inc.

Mitsubishi UFJ Financial Group, Inc.

[Contents]



1. Financial Results	[ MUFG Consolidated ]1[ BK and TB Combined ]234	1
	[ BK Non-consolidated ][ TB Non-consolidated ]

2. Loans to Be Disclosed under the Banking Act and the Financial Reconstruction Act (the “FRA”)	[ MUFG Consolidated ]	5
	[ BK and TB Combined including Trust Account ]
	[ BK Non-consolidated ][ TB Non-consolidated ]
	[ TB Non-consolidated : Trust Account ]

3. Securities	[ MUFG Consolidated ]	6
	[ BK Non-consolidated ][ TB Non-consolidated ]

4. ROE	[ MUFG Consolidated ]	9

5. Average Interest Rate Spread	[ BK and TB Combined ]	10
	[ BK Non-consolidated ][ TB Non-consolidated ]

6. Loans and Deposits	[ BK and TB Combined ]	11
	[ BK Non-consolidated ][ TB Non-consolidated ]

7. Statements of Trust Assets and Liabilities	[ TB Non-consolidated ]	12

(*1)	“MUFG” means Mitsubishi UFJ Financial Group, Inc.

(*2)	“BK” means MUFG Bank, Ltd.

(*3)	“TB” means Mitsubishi UFJ Trust and Banking Corporation.

(*4)	“BK and TB Combined” means simple sum of “BK” and “TB” without consolidation processes.

Mitsubishi UFJ Financial Group, Inc.

1. Financial Results

MUFG Consolidated


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2025 (A)			December 31, 2024 (B)			Increase (Decrease) (A) - (B)
Gross profits		4,469,144			4,121,388			347,756
Gross profits before credit costs for trust accounts		4,469,142			4,121,385			347,757
Net interest income		2,193,334			2,174,066			19,268
Trust fees		119,426			107,504			11,922
Credit costs for trust accounts (1)		2			2			(0	)
Net fees and commissions		1,560,419			1,412,815			147,604
Net trading profits		195,671			288,130			(92,458	)
Net other operating profits		400,292			138,871			261,421
Net gains (losses) on debt securities		(68,697	)		(221,178	)		152,480
General and administrative expenses		2,563,225			2,406,698			156,527
Amortization of goodwill		29,958			27,297			2,660
Net operating profits before credit costs for trust accounts, provision for general allowance for credit losses and amortization of goodwill		1,935,875			1,741,984			193,891
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		1,905,917			1,714,687			191,230
Provision for general allowance for credit losses (2)		44,568			72,070			(27,501	)
Net operating profits*1		1,950,488			1,786,760			163,728
Net non-recurring gains (losses)		558,762			635,177			(76,415	)
Credit costs (3)		(342,971	)		(412,521	)		69,549
Losses on loan write-offs		(172,314	)		(222,381	)		50,067
Provision for specific allowance for credit losses		(162,299	)		(197,390	)		35,090
Other credit costs		(8,357	)		7,250			(15,608	)
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		8,211			5,383			2,828
Gains on loans written-off (6)		70,394			84,061			(13,667	)
Net gains (losses) on equity securities		183,322			488,176			(304,854	)
Gains on sales of equity securities		234,085			529,322			(295,237	)
Losses on sales of equity securities		(42,265	)		(21,564	)		(20,700	)
Losses on write-down of equity securities		(8,497	)		(19,581	)		11,083
Equity in earnings of equity method investees		582,912			428,147			154,765
Other non-recurring gains (losses)		56,893			41,929			14,964

Ordinary profits		2,509,250			2,421,937			87,313

Net extraordinary gains (losses)		(13,296	)		(15,842	)		2,546
Net gains (losses) on disposition of fixed assets		(5,044	)		4,396			(9,440	)
Losses on impairment of fixed assets		(16,510	)		(16,949	)		438
Gains on step acquisitions		22,028			—			22,028
Gains on liquidation of subsidiaries		17,555			—			17,555
Expenses relating to systems integration		(30,739	)		—			(30,739	)
Losses on sales of shares of subsidiaries		—			(3,023	)		3,023
Profits before income taxes		2,495,954			2,406,094			89,859
Income taxes-current		532,424			432,990			99,434
Income taxes-deferred		47,526			147,449			(99,923	)
Total taxes		579,951			580,440			(489	)
Profits		1,916,003			1,825,654			90,348
Profits attributable to non-controlling interests		102,494			76,714			25,780

Profits attributable to owners of parent		1,813,508			1,748,939			64,568

Note:
*1. Net operating profits = Banking subsidiaries’ net operating profits + Other consolidated entities’ gross profits - Other consolidated entities’ general and administrative expenses - Other consolidated entities’ provision for general allowance for credit losses - Amortization of goodwill - Inter-company transactions

(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(219,794	)		(251,003	)		31,208

Mitsubishi UFJ Financial Group, Inc.

BK and TB Combined


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2025 (A)			December 31, 2024 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,466,492			2,127,497			338,994
Gross profits before credit costs for trust accounts		2,466,490			2,127,494			338,995
Net interest income		1,383,209			1,290,200			93,008
Trust fees		104,052			93,495			10,557
Credit costs for trust accounts (1)		2			2			(0	)
Net fees and commissions		682,564			615,914			66,649
Net trading profits		4,231			59,560			(55,329	)
Net other operating profits		292,435			68,326			224,108
Net gains (losses) on debt securities		(68,692	)		(218,798	)		150,105
General and administrative expenses		1,280,200			1,175,534			104,665
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		1,186,289			951,959			234,329
Provision for general allowance for credit losses (2)		(346	)		(20	)		(325	)
Net operating profits		1,185,946			951,942			234,003
Net non-recurring gains (losses)		258,403			543,085			(284,682	)
Credit costs (3)		(11,857	)		(13,219	)		1,362
Reversal of allowance for credit losses (4)		25,174			35,695			(10,520	)
Reversal of reserve for contingent losses included in credit costs (5)		8,035			5,792			2,242
Gains on loans written-off (6)		5,676			9,537			(3,860	)
Net gains (losses) on equity securities		174,977			470,763			(295,786	)
Gains on sales of equity securities		223,258			509,908			(286,649	)
Losses on sales of equity securities		(39,507	)		(19,745	)		(19,761	)
Losses on write-down of equity securities		(8,774	)		(19,398	)		10,624
Other non-recurring gains (losses)		56,397			34,517			21,880

Ordinary profits		1,444,349			1,495,027			(50,678	)

Net extraordinary gains (losses)		(34,560	)		(12,382	)		(22,178	)
Income before income taxes		1,409,789			1,482,645			(72,856	)
Income taxes-current		407,455			317,148			90,306
Income taxes-deferred		(8,867	)		52,718			(61,586	)
Total taxes		398,587			369,867			28,720

Net income		1,011,201			1,112,778			(101,576	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		26,685			37,787			(11,101	)
Credit costs for trust accounts		2			2			(0	)
Provision for general allowance for credit losses		54,388			63,589			(9,200	)
Provision for special allowance for credit losses		(33,005	)		(37,825	)		4,819
Allowance for credit to specific foreign borrowers		3,392			9,819			(6,427	)
Losses on loans write-offs		(10,228	)		(10,254	)		26
Provision for contingent losses included in credit costs		8,035			5,792			2,242
Gains on loans written-off		5,676			9,537			(3,860	)
Losses on sales of other loans, etc.		(1,575	)		(2,874	)		1,298
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities		1,254,982			1,170,757			84,224
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities and investment trusts cancellation		1,254,647			1,080,100			174,547

Mitsubishi UFJ Financial Group, Inc.

BK Non-consolidated


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2025 (A)			December 31, 2024 (B)			Increase (Decrease) (A) - (B)
Gross profits		2,173,154			1,853,342			319,811
Net interest income		1,267,266			1,172,117			95,149
Net fees and commissions		596,634			534,245			62,388
Net trading profits		89,762			78,953			10,808
Net other operating profits		219,490			68,025			151,464
Net gains (losses) on debt securities		(62,725	)		(196,879	)		134,153
General and administrative expenses		1,118,204			1,020,820			97,384
Amortization of goodwill		2,645			2,754			(108	)
Net operating profits before provision for general allowance for credit losses and amortization of goodwill		1,057,595			835,276			222,318
Net operating profits before provision for general allowance for credit losses		1,054,949			832,522			222,427
Provision for general allowance for credit losses (1)		—			—			—
Net operating profits		1,054,949			832,522			222,427
Net non-recurring gains (losses)		205,183			410,971			(205,787	)
Credit costs (2)		(11,804	)		(13,129	)		1,325
Reversal of allowance for credit losses (3)		25,174			35,695			(10,520	)
Reversal of reserve for contingent losses included in credit costs (4)		7,976			5,449			2,527
Gains on loans written-off (5)		5,672			9,522			(3,849	)
Net gains (losses) on equity securities		137,304			352,987			(215,683	)
Gains on sales of equity securities		181,133			386,618			(205,485	)
Losses on sales of equity securities		(38,438	)		(17,075	)		(21,362	)
Losses on write-down of equity securities		(5,390	)		(16,555	)		11,164
Other non-recurring gains (losses)		40,858			20,445			20,412

Ordinary profits		1,260,132			1,243,493			16,639

Net extraordinary gains (losses)		(30,036	)		2,968			(33,005	)
Income before income taxes		1,230,096			1,246,461			(16,365	)
Income taxes-current		372,547			269,007			103,540
Income taxes-deferred		(23,638	)		45,150			(68,789	)
Total taxes		348,908			314,158			34,750

Net income		881,187			932,303			(51,116	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)		27,020			37,537			(10,516	)
Provision for general allowance for credit losses		54,734			63,609			(8,875	)
Provision for special allowance for credit losses		(32,952	)		(37,734	)		4,781
Allowance for credit to specific foreign borrowers		3,392			9,819			(6,427	)
Losses on loans write-off		(10,228	)		(10,254	)		26
Provision for contingent losses included in credit costs		7,976			5,449			2,527
Gains on loans written-off		5,672			9,522			(3,849	)
Losses on sales of other loans, etc.		(1,575	)		(2,875	)		1,299
Net operating profits before provision for general allowance for credit losses, excluding net gains (losses) on debt securities		1,117,674			1,029,401			88,273
Net operating profits before provision for general allowance for credit losses, excluding net gains (losses) on debt securities and investment trusts cancellation		1,126,944			950,843			176,101

Mitsubishi UFJ Financial Group, Inc.

TB Non-consolidated


	(in millions of yen)
	For the nine months ended						Increase (Decrease) (A) - (B)
	December 31, 2025 (A)			December 31, 2024 (B)			Increase (Decrease) (A) - (B)
Gross profits		293,338			274,155			19,183
Gross profits before credit costs for trust accounts		293,336			274,152			19,183
Trust fees		104,052			93,495			10,557
Credit costs for trust accounts (1)		2			2			(0	)
Net interest income		115,942			118,083			(2,140	)
Net fees and commissions		85,929			81,668			4,261
Net trading profits		(85,531	)		(19,393	)		(66,138	)
Net other operating profits		72,944			301			72,643
Net gains (losses) on debt securities		(5,967	)		(21,918	)		15,951
General and administrative expenses		161,995			154,714			7,281
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses		131,340			119,437			11,902
Provision for general allowance for credit losses (2)		(346	)		(20	)		(325	)
Net operating profits		130,996			119,420			11,576
Net non-recurring gains (losses)		53,220			132,114			(78,894	)
Credit costs (3)		(53	)		(89	)		36
Reversal of allowance for credit losses (4)		—			—			—
Reversal of reserve for contingent losses included in credit costs (5)		58			342			(284	)
Gains on loans written-off (6)		3			15			(11	)
Net gains (losses) on equity securities		37,673			117,775			(80,102	)
Gains on sales of equity securities		42,125			123,289			(81,164	)
Losses on sales of equity securities		(1,068	)		(2,670	)		1,601
Losses on write-down of equity securities		(3,383	)		(2,843	)		(539	)
Other non-recurring gains (losses)		15,539			14,071			1,467

Ordinary profits		184,217			251,534			(67,317	)

Net extraordinary gains (losses)		(4,524	)		(15,351	)		10,826
Income before income taxes		179,693			236,183			(56,490	)
Income taxes-current		34,907			48,141			(13,233	)
Income taxes-deferred		14,771			7,568			7,203
Total taxes		49,679			55,709			(6,030	)

Net income		130,014			180,474			(50,460	)


(Reference)
Total credit costs (1)+(2)+(3)+(4)+(5)+(6)		(335	)		249			(585	)
Credit costs for trust accounts		2			2			(0	)
Provision for general allowance for credit losses		(346	)		(20	)		(325	)
Provision for special allowance for credit losses		(53	)		(91	)		37
Allowance for credit to specific foreign borrowers		—			—			—
Losses on loans write-offs		—			—			—
Provision for contingent losses included in credit costs		58			342			(284	)
Gains on loans written-off		3			15			(11	)
Losses on sales of other loans, etc.		—			1			(1	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities		137,307			141,356			(4,049	)
Net operating profits before credit costs for trust accounts and provision for general allowance for credit losses, excluding net gains (losses) on debt securities and investment trusts cancellation		127,703			129,256			(1,553	)

Mitsubishi UFJ Financial Group, Inc.

2. Loans to Be Disclosed under the Banking Act and the Financial Reconstruction Act (the “FRA”)

MUFG Consolidated


(after write-offs)	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Bankrupt or De facto Bankrupt		312,857		300,776
Doubtful		667,741		693,225
Special Attention		472,027		536,469
Accruing loans contractually past due 3 months or more		17,663		17,863
Restructured loans		454,363		518,605
Subtotal (A)		1,452,626		1,530,471

Normal(B)		146,492,934		135,805,816
Total loans (C=A+B)		147,945,560		137,336,287

Non-performing loans ratio (A)/(C)		0.98%		1.11%

BK and TB Combined including Trust Account
(after write-offs)	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Bankrupt or De facto Bankrupt		50,594		50,052
Doubtful		396,127		448,449
Special Attention		294,941		365,391
Accruing loans contractually past due 3 months or more		9,542		9,236
Restructured loans		285,398		356,154
Subtotal (A)		741,663		863,892

Normal(B)		130,872,773		121,231,909
Total loans (C=A+B)		131,614,436		122,095,802

Non-performing loans ratio (A)/(C)		0.56%		0.70%

BK Non-consolidated
(after write-offs)	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Bankrupt or De facto Bankrupt		50,594		50,002
Doubtful		394,955		447,324
Special Attention		294,941		365,391
Accruing loans contractually past due 3 months or more		9,542		9,236
Restructured loans		285,398		356,154
Subtotal (A)		740,491		862,718

Normal(B)		127,878,505		118,665,863
Total loans (C=A+B)		128,618,997		119,528,581

Non-performing loans ratio (A)/(C)		0.57%		0.72%

TB Non-consolidated
(after write-offs)	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Bankrupt or De facto Bankrupt		—		49
Doubtful		1,171		1,124
Special Attention		—		—
Accruing loans contractually past due 3 months or more		—		—
Restructured loans		—		—
Subtotal (A)		1,171		1,174

Normal(B)		2,992,231		2,563,577
Total loans (C=A+B)		2,993,403		2,564,752

Non-performing loans ratio (A)/(C)		0.03%		0.04%

TB Non-consolidated: Trust Account
(after write-offs)	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Bankrupt or De facto Bankrupt		—		—
Doubtful		—		—
Special Attention		—		—
Accruing loans contractually past due 3 months or more		—		—
Restructured loans		—		—
Subtotal (A)		—		—

Normal(B)		2,036		2,468
Total loans (C=A+B)		2,036		2,468

Non-performing loans ratio (A)/(C)		—		—

Mitsubishi UFJ Financial Group, Inc.

3. Securities

MUFG Consolidated

The tables include negotiable certificates of deposit in “Cash and due from banks”, securitized products in “Monetary claims bought” and others in addition to “Securities”.


	(in millions of yen)
	As of December 31, 2025					As of March 31, 2025
	Amount on consolidated balance sheet		Unrealized gains (losses)			Amount on consolidated balance sheet		Unrealized gains (losses)
Debt securities being held to maturity		25,120,700		(872,443	)		23,272,183		(625,190	)
Domestic bonds		18,676,985		(814,891	)		17,115,009		(491,977	)
Government bonds		14,324,674		(573,070	)		13,300,923		(369,059	)
Municipal bonds		2,831,890		(138,610	)		2,545,626		(93,140	)
Corporate bonds		1,520,420		(103,210	)		1,268,459		(29,777	)
Other		6,443,715		(57,552	)		6,157,174		(133,213	)
Foreign bonds		4,575,922		(60,815	)		4,690,276		(137,239	)
Other		1,867,792		3,263			1,466,897		4,026


	(in millions of yen)
	As of December 31, 2025					As of March 31, 2025
	Amount on consolidated balance sheet		Unrealized gains (losses)			Amount on consolidated balance sheet		Unrealized gains (losses)
Available-for-sale securities		58,315,995		3,076,399			61,321,796		2,203,663
Domestic equity securities		4,104,165		3,109,263			3,540,457		2,458,566
Domestic bonds		14,561,779		(342,540	)		23,123,161		(249,533	)
Government bonds		12,941,566		(205,401	)		21,181,296		(155,513	)
Municipal bonds		183,949		(9,773	)		309,997		(9,776	)
Corporate bonds		1,436,263		(127,365	)		1,631,867		(84,243	)
Other		39,650,050		309,675			34,658,178		(5,368	)
Foreign equity securities		849,399		146,262			662,949		36,272
Foreign bonds		28,593,961		26,142			24,182,709		(113,323	)
Other		10,206,688		137,271			9,812,519		71,682

Mitsubishi UFJ Financial Group, Inc.

BK Non-consolidated

The tables include negotiable certificates of deposit in “Cash and due from banks”, securitized products in “Monetary claims bought” and others in addition to “Securities”.

(in millions of yen)

As of December 31, 2025

As of March 31, 2025

Amount on
balance sheet

Unrealized
gains (losses)

Amount on
balance sheet

Unrealized
gains (losses)

Debt securities being held to maturity

22,269,202

(841,649

)

21,295,315

(607,764

)

Stocks of subsidiaries and affiliates

670,878

616,573

684,864

464,454

(in millions of yen)

As of December 31, 2025

As of March 31, 2025

Amount on
balance sheet

Unrealized
gains (losses)

Amount on
balance sheet

Unrealized
gains (losses)

Available-for-sale securities

39,931,035

2,734,956

45,173,480

2,005,377

Domestic equity securities

3,540,601

2,639,750

3,012,332

2,044,936

Domestic bonds

12,428,200

(171,778

)

20,849,312

(138,304

)

Other

23,962,233

266,984

21,311,835

98,744

Foreign equity securities

728,482

114,721

605,665

17,076

Foreign bonds

16,267,768

131,908

13,651,795

88,819

Other

6,965,981

20,354

7,054,373

(7,151

)

Mitsubishi UFJ Financial Group, Inc.

TB Non-consolidated

The tables include securitized products in “Monetary claims bought” in addition to “Securities”.

(in millions of yen)

As of December 31, 2025

As of March 31, 2025

Amount on
balance sheet

Unrealized
gains (losses)

Amount on
balance sheet

Unrealized
gains (losses)

Debt securities being held to maturity

2,851,497

(30,794

)

1,976,868

(17,426

)

Stocks of subsidiaries and affiliates

18,650

(867

)

19,189

(1,368

)

(in millions of yen)

As of December 31, 2025

As of March 31, 2025

Amount on
balance sheet

Unrealized
gains (losses)

Amount on
balance sheet

Unrealized
gains (losses)

Available-for-sale securities

13,120,921

368,190

11,541,216

251,081

Domestic equity securities

654,105

499,202

588,732

413,329

Domestic bonds

1,926,792

(170,596

)

2,181,927

(111,341

)

Other

10,540,023

39,584

8,770,556

(50,907

)

Foreign equity securities

172

116

130

Foreign bonds

8,261,100

(72,626

)

7,018,941

(123,179

)

Other

2,278,750

112,094

1,751,484

72,191

Mitsubishi UFJ Financial Group, Inc.

4. ROE

MUFG Consolidated


	(%)
	For the nine months ended December 31, 2025		For the nine months ended December 31, 2024
ROE (JPX basis) *1		11.55		11.67

Note:

Japan Exchange Group

Mitsubishi UFJ Financial Group, Inc.

5. Average Interest Rate Spread

BK and TB Combined


	(percentage per annum)
(Domestic business segment)	For the nine months ended December 31, 2025		For the nine months ended December 31, 2024
Average interest rate on loans and bills discounted		1.11		0.83
Average interest rate on deposits and NCD		0.19		0.04
Interest rate spread		0.92		0.78

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted		1.17		0.90
Interest rate spread		0.98		0.86

BK Non-consolidated


	(percentage per annum)
(Domestic business segment)	For the nine months ended December 31, 2025		For the nine months ended December 31, 2024
Average interest rate on loans and bills discounted		1.11		0.83
Average interest rate on deposits and NCD		0.17		0.04
Interest rate spread		0.94		0.79

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted		1.17		0.91
Interest rate spread		1.00		0.86

TB Non-consolidated


	(percentage per annum)
(Domestic business segment)	For the nine months ended December 31, 2025		For the nine months ended December 31, 2024
Average interest rate on loans and bills discounted		0.99		0.72
Average interest rate on deposits and NCD		0.37		0.10
Interest rate spread		0.62		0.61

(After excluding loans to the Japanese government and governmental organizations)
Average interest rate on loans and bills discounted		0.99		0.76
Interest rate spread		0.62		0.65

Mitsubishi UFJ Financial Group, Inc.

6. Loans and Deposits

BK and TB Combined


	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Deposits (ending balance)		219,251,820		215,970,679
Deposits (average balance)		218,784,354		215,144,567
Loans (ending balance)		118,150,475		110,082,264
Loans (average balance)		115,326,924		110,710,718

	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Domestic deposits (ending balance)*		181,051,336		179,854,343
Individuals		95,622,005		93,618,823

Note:

* Amounts do not include negotiable certificates of deposit and JOM accounts.

BK Non-consolidated

	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Deposits (ending balance)		204,388,113		202,712,799
Deposits (average balance)		204,375,818		201,300,396
Loans (ending balance)		115,515,238		107,742,591
Loans (average balance)		112,598,801		108,514,370

	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Domestic deposits (ending balance)*		168,886,650		169,250,502
Individuals		88,914,600		87,578,130

Note:
* Amounts do not include negotiable certificates of deposit and JOM accounts.

TB Non-consolidated
	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Deposits (ending balance)		14,863,707		13,257,880
Deposits (average balance)		14,408,535		13,844,171
Loans (ending balance)		2,635,237		2,339,672
Loans (average balance)		2,728,122		2,196,348

	(in millions of yen)
	As of December 31, 2025		As of March 31, 2025
Domestic deposits (ending balance)*		12,164,686		10,603,841
Individuals		6,707,405		6,040,693

Note:
* Amounts do not include negotiable certificates of deposit and JOM accounts.

Mitsubishi UFJ Financial Group, Inc.

7. Statements of Trust Assets and Liabilities

TB Non-consolidated

Including trust assets under service-shared co-trusteeship


(in millions of yen)	As of March 31, 2025		As of December 31, 2025
Assets:
Loans and bills discounted		1,507,955		1,508,933
Securities		82,297,398		86,580,008
Beneficiary rights to the trust		171,790,489		180,939,350
Securities held in custody accounts		3,182,746		3,950,569
Monetary claims		37,473,051		39,283,969
Tangible fixed assets		24,848,502		27,036,232
Intangible fixed assets		229,603		315,529
Other claims		4,279,871		4,699,775
Call loans		5,651,749		4,560,751
Due from banking account		4,244,900		3,049,790
Cash and due from banks		6,403,878		6,946,844

Total		341,910,148		358,871,755

Liabilities:
Money trusts		39,222,424		36,425,143
Pension trusts		13,366,896		13,542,607
Property formation benefit trusts		5,228		4,918
Investment trusts		170,479,519		179,464,035
Money entrusted other than money trusts		7,388,623		8,521,781
Securities trusts		5,392,692		6,020,137
Monetary claim trusts		32,124,384		33,653,264
Equipment trusts		412,714		899,514
Land and fixtures trusts		18,442		18,596
Composite trusts		73,499,220		80,321,753

Total		341,910,148		358,871,755

Note:1.

The table shown above includes master trust assets under the service-shared co-trusteeship between TB and The Master Trust Bank of Japan, Ltd.

Trust assets and liabilities under a declaration of trust excluded from above table are 32,651 millions of yen as of March 31, 2025 and 52,378 millions of yen as of December 31, 2025, respectively.

MITSUBISHI UFJ FINANCIAL GROUP INC 6-K