v3.25.2
Trading Account Profits and Losses
12 Months Ended
Mar. 31, 2025
Trading Account Profits And Losses [Abstract]  
Trading Account Profits and Losses TRADING ACCOUNT PROFITS AND LOSSES
The MUFG Group performs trading activities through market-making, sales and arbitrage, while maintaining risk levels within appropriate limits in accordance with its risk management policy.
The MUFG Group has trading account securities and trading derivative assets and liabilities for this purpose. In addition, the trading account securities include foreign currency-denominated debt securities such as foreign government or official institution bonds, corporate bonds and mortgage-backed securities, which are mainly comprised of securities measured at fair value under the fair value option.
Net trading profits (losses) for the fiscal years ended March 31, 2023, 2024 and 2025 were comprised of the following:
 2023
(As Adjusted)
2024
(As Adjusted)
2025
 
(in millions)
Interest rate and other derivative contracts¥247,144 ¥(951,913)¥(95,783)
Trading account securities, excluding derivatives(1,028,454)248,000 128,045 
Trading account profits (losses)—net
(781,310)(703,913)32,262 
Foreign exchange derivative contracts(1)
57,430 (410,656)446,992 
Net trading profits (losses)
¥(723,880)¥(1,114,569)¥479,254 
Note:
(1)Gains (losses) on foreign exchange derivative contracts are included in Foreign exchange gains (losses)—net in the accompanying consolidated statements of income. Foreign exchange gains (losses) net in the accompanying consolidated statements of income are also comprised of foreign exchange losses other than derivative contracts and foreign exchange gains related to the fair value option.
For further information on the methodologies and assumptions used to estimate fair value, see Note 31, which also shows fair values of trading account securities by major category. Note 23 discloses further information regarding the derivative-related impact on Trading account profits (losses)—net by major category.