v3.25.2
Other Assets and Liabilities
 12 Months Ended
Mar. 31, 2025
Other Assets And Liabilities [Abstract]  
Other Assets and Liabilities OTHER ASSETS AND LIABILITIES
Major components of other assets and liabilities at March 31, 2024 and 2025 were as follows:
 2024
(As Adjusted)		2025
 (in millions)
Other assets:   
Accounts receivable:   
Receivables from brokers, dealers and customers for securities transactions¥936,259 ¥293,058 
Other(1)
1,951,742 2,026,871 
Investments in equity method investees4,115,988 4,564,269 
Prepaid benefit cost (Note 13)1,986,760 2,196,632 
Cash collateral pledged for derivative transactions (Note 9)3,182,590 2,566,588 
Cash collateral for the use of Bank of Japan’s settlement infrastructure933,000 10,000 
Accrued interest737,947 761,358 
Deferred tax assets (Note 8)142,773 123,343 
Right-of-use assets of operating leases (Note 7)235,548 247,221 
Other6,094,889 6,344,058 
Total¥20,317,496 ¥19,133,398 
Other liabilities:
Accounts payable:
Payables to brokers, dealers and customers for securities transactions¥1,580,646 ¥1,447,659 
Other1,821,455 1,690,202 
Obligations to return securities received as collateral (Notes 15, 16 and 31)7,222,728 6,046,755 
Accrued interest567,500 560,982 
Deferred tax liabilities (Note 8)612,681 754,888 
Allowance for off-balance sheet credit instruments178,259 178,054 
Accrued benefit cost (Note 13)105,859 103,957 
Guarantees and indemnifications67,213 73,443 
Cash collateral received for derivative transactions (Note 9)1,404,066 1,415,939 
Obligations under operating leases (Note 7)329,267 341,499 
Accrued and other liabilities3,647,512 3,799,463 
Total¥17,537,186 ¥16,412,841 
Note:
(1)Accounts receivable—Other is primarily comprised of receivables relating to the card business. The provision or reversal of the allowance for credit losses relating to the receivables is included in Non-interest expense on the consolidated statements of income. The credit quality for these receivables is primarily evaluated based on the extent of delinquency. The outstanding balance of these account receivables are presented on a net basis after allowance for credit losses. The change of allowance for credit losses during the fiscal years ended March 31, 2023, 2024 and 2025 is primarily due to provision or reversal of the allowance for the receivables.
Investments in equity method investees include marketable equity securities carried at ¥3,527,197 million and ¥3,885,529 million at March 31, 2024 (As Adjusted) and 2025, respectively. Corresponding aggregated market values were ¥6,263,733 million and ¥7,461,707 million, respectively. Marketable equity securities include Morgan Stanley’s common stock carried at ¥2,949,649 million and ¥3,247,891 million at March 31, 2024 and 2025, respectively. As of March 31, 2025, the MUFG Group held approximately 23.47% of its common stock. Investments in equity method investees also include investments in Morgan Stanley MUFG Securities, Co., Ltd. at ¥183,423 million and ¥195,614 million at March 31, 2024 and 2025, respectively.
The MUFG Group periodically evaluates whether a loss in value of investments in equity method investees is other-than-temporary. As a result of evaluations, the MUFG Group recognized other-than-temporary declines in the value of an investment and recorded impairment losses related to certain affiliated companies of ¥58,061 million, ¥19,978 million and ¥8,177 million for the f
iscal years ended March 31, 2023, 2024 and 2025, respectively. The impairment losses are included in Equity in earnings of equity method investees—net in the accompanying consolidated statements of income.
Summarized Financial Information of the MUFG Group’s Equity Method Investees
Summarized financial information of Morgan Stanley, the largest portion of the MUFG Group’s equity method investees, as of March 31, 2024 and 2025, and for each of the three years ended March 31, 2025 is as follows:
 20242025
 (in billions)
Trading assets¥55,663 ¥59,844 
Securities purchased under agreements to resell18,583 17,800 
Securities borrowed20,115 20,967 
Total assets186,008 194,420 
Deposits53,371 57,051 
Customer and other payables32,458 30,163 
Borrowings41,090 45,662 
Total liabilities170,845 178,295 
Noncontrolling interests143 155 
 202320242025
 (in billions)
Net revenues¥7,235 ¥7,907 ¥9,739 
Total non-interest expenses5,376 6,068 6,843 
Income from continuing operations before income taxes1,797 1,798 2,835 
Net income applicable to Morgan Stanley1,402 1,375 2,162 
Summarized financial information of the MUFG Group’s equity method investees, other than Morgan Stanley as of March 31, 2024 and 2025, and for each of the three years ended March 31, 2025 is as follows:
 2024
(As Adjusted)		2025
 (in billions)
Net loans¥21,053 ¥20,315 
Total assets40,549 40,852 
Deposits15,138 13,742 
Total liabilities33,291 32,900 
Noncontrolling interests87 93 
 2023
(As Adjusted)		2024
(As Adjusted)		2025
 (in billions)
Total interest income¥1,428 ¥1,820 ¥1,998 
Total interest expense519 782 775 
Net interest income909 1,038 1,223 
Provision for credit losses245 291 366 
Income before income tax expense615 698 838 
Net income497 596 704