Mitsubishi Ufj Financial Group, Inc. · TSE:8306
Mitsubishi Ufj Financial — Q2 2026 Earnings Presentation
23 slides from Mitsubishi Ufj Financial's earnings presentation, Nov 18, 2025
Slide 1: Financial Highlights under Japanese GAAP for 1st Half of FY Ending March 2026
Financial Highlights under Japanese GAAP for 1st Half of the Fiscal Year Ending March 31, 2026 November 14, 2025 Mitsubishi UFJ Financial Group
Slide 2: FY2025 1H Financial Results Summary
End Sep End Mar End Sep FX rate 2024 2025 2025 FY2025 1H Financial Results Summary USD/JPY 142.73 149.52 148.88 1 Net Operating Profits: ¥1,287.0bn, up by ¥61.3bn YoY*1 / 58.5% progress towards FY25 initial target Customer segment’s NOP*2 increased, overcoming the impact of strategic expense allocat
Slide 3: Upward Revision of FY2025 Financial Targets / Shareholder Returns
Upward Revision of FY2025 Financial Targets / Shareholder Returns 1 Reflecting strong performance of customer segment and increased income from equity method investee, we resolved to upwardly revise the FY25 full-year targets 2 For shareholder returns, we anticipate annual dividend of ¥74 (+¥10 YoY
Slide 4: Progress of 3 Pillars of MTBP
Progress of 3 Pillars of MTBP*1 ①Expand & Refine Growth Strategies • Earning power has improved by favorable progress of growth strategies • In Domestic Retail, customer base has expanded by new service brand “M-tto” Status of NOP*2 Impact of “M-tto” （¥bn） NOP +198.4 • Enhanced customer base through
Slide 5: Social & Environmental Progress / Transformation & Innovation
②Social & Environmental Progress/③Transformation & Innovation • Increase of sustainable finance and release of new dissemination • Adopt agile management and cutting-edge technology for “AI-Native Company” Progress of Sustainable Finance Progress of AI Strategies • Steady growth in the (¥tn, cumulat
Slide 6: Path towards Mid to Long-Term ROE Target of Approx. 12%
Path towards Mid to Long-Term ROE Target of Approx. 12% • Achieve further profit growth with no gains from the sale of equity holdings Profit (pre-tax) Growth Image*1 Inorganic Growth Assumptions • BOJ policy rate: approx. 1.0% ROE ¥ • No gains from the sale of equity holdings approx. 12% AM/IS Digi
Slide 7: 20 Year Anniversary: Trajectory of Corporate Value Enhancement
20 Year Anniversary: Trajectory of Corporate Value Enhancement 2005~ 2012~ 2021~ Strengthened investment Enhanced our presence Challenges to transform banking operations in ASEAN the business model 2005 2013 2021 • Establishment of MUFG • Converted Bank of Ayudhya (Krungsri), • Established the MUFG
Slide 8: Income Statement Summary
Income Statement Summary 【Consolidated】 Income Statement FY24 FY25 Adjust. (\bn) 1H 1H YoY KS impact 1 Gross profits (FX impact: approx. +¥10.0bn) 1 Gross profits 1 2,911.8 2,935.7 +23.9 +189.3 • Increased by the impact of rising JPY interest rates, improved (before credit costs for trust accounts)
Slide 9: Results by business group (1/4)
(Reference) Results by business group (1/4) 【Consolidated】 R&D*1 CWM*1 • Increased NOP by higher interest income capturing JPY • Increased NOP by higher interest income capturing JPY interest rate hike and increased revenue in CF*2, which interest rate hike, growth in forex revenues, and offsets hig
Slide 10: Results by business group (2/4)
(Reference) Results by business group (2/4) 【Consolidated】 JCIB*1 GCB*1,6 • Increased NOP by securing the event deals in solutions • KS: NOP declined due to challenges in lending interest and primary businesses, and capturing large-scale income caused by deteriorating market conditions transactions
Slide 11: Results by business group (3/4)
(Reference) Results by business group (3/4) 【Consolidated】 AM/IS*1 GCIB*1 • Despite market volatility at the beginning of fiscal year, • NOP increased by significant expansion in fee income, NOP increased by growth of asset under management supported by increased PF*2 deals in US and EMEA, and suppo
Slide 12: Results by business group (4/4)
(Reference) Results by business group (4/4) 【Consolidated】 Global Markets*1 Highlights of Growth Strategies • Sales & Trading: NOP decline due to challenges in fixed • Release new service brand “M-tto ” Strengthen • Card issuance and new account opening are income caused by reduced liquidity in bond
Slide 13: Breakdown by Entity
(Reference) Breakdown by Entity 【Consolidated】 Breakdown of Net Income*1 Financial Summary of Major Entities*2 (¥bn) the Bank the Trust Bank the Securities HD (\bn) FY25 FY25 FY25 MUFG *3 Other1,292.9 1H YoY 1H YoY 1H YoY 75.7 MS Gross profits 1,470.0 +129.2 199.9 (22.2) 177.7 (7.8) 287.9 NOP 745.0
Slide 14: Balance Sheet Summary
Balance Sheet Summary 【Consolidated】 Overview of Balance Sheet Loans (Period End Balance)*1 vs End Mar 25 (¥tn) Overseas: ¥+2.0tn from End Mar 25 (\tn) Total Assets 404.3 (8.7) (+¥1.3tn excluding FX impact) As of End Sep 25 118.3 121.8 122.9 124.8 110.4 114.8 Others 2.1 2.0 1.9 Loans *1 vs Deposits
Slide 15: Domestic Loans
Domestic Loans 【Consolidated / Non-Consolidated】 Loan Balance (Period End Balance)*1 Domestic Deposit / Lending Rates*4,5 (¥tn) ¥(0.0)tn from End Mar 25 1.4% 1.18% 1.13% 1.2% 0.95% 1.04% 1.0% 0.89% 0.99% 74.4 74.5 74.4 0.8% 0.95% 0.85% 0.86%0.93% Governments, 0.6% 69.1 66.6 66.5 7.9 5.4 etc. 0.4% 0.
Slide 16: Overseas Loans
Overseas Loans 【Consolidated / Non-Consolidated】 Loan Balance (Period End Balance) Overseas Deposit / Lending Rates (¥tn) 10.0% +¥2.0tn from End Mar 25 7.4% 7.1% 7.1% 7.1% 8.0% 6.9% (+¥1.3tn excluding FX impact) 6.0% 4.51% 4.28% 4.03%4.10%4.19% 4.0% 1.88% 46.8 48.4 1.78%1.82% 1.74%1.80% 45.7 2.0% 46
Slide 17: Asset Quality
Asset Quality 【Consolidated】 Non-Performing Loans Total Credit Costs (¥bn) (¥bn) the Bank *3 CF *4 (674.8) 1.51% Overseas *5 (515.5) (497.9) 1.26% Others *6 (331.4) 1.18% 1.11% 2,007.5 1.01% (108.7) NPL ratio*1 (222.9) Overseas (76.3) (100.9) (46.1) (5.8) 1,563.4 1,530.4 CF 1,471.8 1,414.6 Build (56
Slide 18: Investment Securities (1/2)
Investment Securities (1/2) 【Consolidated / Non-Consolidated】 Securities with Fair Value Reduction of Equity Holdings*2 Balance Unrealized gains (losses) • As of the end of Sep 25, the cumulative sold amount of (\tn) End Sep 25 vs End Mar 25 End Sep 25 vs End Mar 25 equity holdings during current MT
Slide 19: Investment Securities (2/2)
Investment Securities (2/2) 【Non-Consolidated】 Domestic Bond Balance*1 and Duration*2 Foreign Bond Balance*1 and Duration*2 (¥tn) (¥tn) Within 1 year 1 year to 5 years Within 1 year 1 year to 5 years 5 years to 10 years Over 10 years 5 years to 10 years Over 10 years HTM Average duration (year) HTM
Slide 20: Capital Adequacy
Capital Adequacy 【Consolidated】 Available Capital and RWA Capital Ratios End End vs End End (¥bn) vs Mar 25 Sep 25 End Mar 25 Mar 25 Sep 25 End Mar 25 Common Equity Tier 1 Capital Including Net Unrealized 1 15,169.2 15,605.2 +436.0 1 14.18% 14.08% (0.10)% (CET1) Gains on AFS Securities CET1 Ratio Ex
Slide 21: Breakdown of Gross profits by Entity
(Reference) Breakdown of Gross profits by Entity 【Consolidated】 Net Interest Income Trust Fees + Net Trading Profits + Net Fees and Commissions Net Other Operating Profits （¥bn） （¥bn） （¥bn） 1,508.5 1,077.9 27.3 1,440.0 424.5 *2 417.7 *2 78.8 Others 978.7 Others 64.1 138.4 Others BDI 38.5 28.6 71.5 1
Slide 22: Historical data since MUFG establishment
(Reference) Historical data since MUFG establishment 【Consolidated】 Net Operating Profits （¥bn） Revised Target 1H 2H 2,250.0 1,843.7 1,652.7 1,644.9 1,557.9 1,594.2 1,591.1 1,515.5 1,501.6 1,507.41,539.2 1,464.1 1,396.9 1,418.2 1,305.3 1,287.0 1,189.1 1,232.8 1,184.4 1,248.4 1,216.7 1,078.5 FY06 FY0
Slide 23: Disclaimer
Disclaimer This document 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- loo
Mitsubishi UFJ Financial Group — Q2 2026 Earnings Presentation on 6ix