
	As of March 31, 2024
(in millions)	As Previously Reported		Adjustments		As Adjusted
ASSETS
Cash and due from banks	¥	4,391,530	¥	25,116	¥	4,416,646
Interest-earning deposits in other banks	105,631,633		70,344		105,701,977
Cash, due from banks and interest-earning deposits in other banks	110,023,163		95,460		110,118,623

Receivables under resale agreements	18,495,497		328,445		18,823,942
Receivables under securities borrowing transactions	5,000,989		(173)		5,000,816
Trading account asset	49,745,992		23,414		49,769,406
Investment securities
Available-for-sale debt securities	31,395,372		27,595		31,422,967

Equity securities	6,132,092		277		6,132,369
Total investment securities	62,371,426		27,872		62,399,298
Loans, net of unearned income, unamortized premiums and deferred loan fees	127,936,495		(26,192)		127,910,303
Allowance for credit losses	(1,366,221)		9,260		(1,356,961)
Net loans	126,570,274		(16,932)		126,553,342
Premises and equipment—net	873,027		(386)		872,641
Customers’ acceptance liability	430,221		4,851		435,072
Intangible assets—net	1,298,966		(1,206)		1,297,760
Goodwill	490,344		3,414		493,758
Other assets(1)	20,398,146		(80,650)		20,317,496
Total assets	¥	397,436,461	¥	384,109	¥	397,820,570


	As of March 31, 2024
(in millions)	As Previously Reported		Adjustments		As Adjusted
LIABILITIES AND EQUITY
Deposits:



Overseas offices:
Non-interest-bearing	¥	2,682,164	¥	17,441	¥	2,699,605
Interest-bearing	60,460,810		701,175		61,161,985
Total deposits	246,417,384		718,616		247,136,000

Payables under repurchase agreements	35,710,750		(20,298)		35,690,452
Payables under securities lending transactions	1,016,931		7		1,016,938
Due to trust account and other short-term borrowings	15,796,947		4,376		15,801,323
Trading account liabilities	16,587,151		(7,629)		16,579,522
Bank acceptances outstanding	430,221		4,851		435,072
Long-term debt	39,922,322		90,497		40,012,819
Other liabilities(1)	17,983,371		(446,185)		17,537,186
Total liabilities	378,959,248		344,235		379,303,483
Commitments and contingent liabilities
Mitsubishi UFJ Financial Group shareholders’ equity:

Capital surplus	4,636,097		(205)		4,635,892
Retained earnings:

Unappropriated retained earnings	9,072,572		13,918		9,086,490
Accumulated other comprehensive income, net of taxes	2,221,263		16,362		2,237,625

Total Mitsubishi UFJ Financial Group shareholders’ equity	17,645,662		30,075		17,675,737
Noncontrolling interests	831,551		9,799		841,350
Total equity	18,477,213		39,874		18,517,087
Total liabilities and equity	¥	397,436,461	¥	384,109	¥	397,820,570


	For the fiscal year ended March 31, 2023						For the fiscal year ended March 31, 2024
(in millions, except per share amount)	As Previously Reported		Adjustments		As Adjusted		As Previously Reported		Adjustments		As Adjusted
Interest income:
Loans, including fees	¥	2,973,667	¥	20,073	¥	2,993,740	¥	4,321,102	¥	41,884	¥	4,362,986
Deposits in other banks	359,054		1,243		360,297		709,819		2,644		712,463
Investment securities:
Interest	401,935		119		402,054		572,295		600		572,895
Dividends	146,053		157		146,210		148,113		(157)		147,956
Trading account assets	551,372		—		551,372		802,454		25		802,479
Call loans and funds sold	19,854		—		19,854		31,823		(1)		31,822
Receivables under resale agreements and securities borrowing transactions	159,475		3,737		163,212		521,468		5,251		526,719
Total	4,611,410		25,329		4,636,739		7,107,074		50,246		7,157,320
Interest expense:
Deposits	1,170,155		8,114		1,178,269		2,515,412		14,778		2,530,190

Payables under repurchase agreements and securities lending transactions	479,170		734		479,904		1,078,007		207		1,078,214
Due to trust account, other short-term borrowings and trading account liabilities	188,798		2,979		191,777		401,286		2,957		404,243
Long-term debt	380,090		302		380,392		516,123		1,331		517,454
Total	2,221,996		12,129		2,234,125		4,513,124		19,273		4,532,397
Net interest income	2,389,414		13,200		2,402,614		2,593,950		30,973		2,624,923
Provision for credit losses	8,148		(863)		7,285		237,990		20,805		258,795
Net interest income after provision for credit losses	2,381,266		14,063		2,395,329		2,355,960		10,168		2,366,128
Non-interest income:
Fees and commissions income	1,701,637		3,268		1,704,905		1,898,974		11,691		1,910,665
Foreign exchange gains (losses)—net	25,232		8,507		33,739		(294,224)		(2,263)		(296,487)
Trading account losses—net	(792,098)		10,788		(781,310)		(699,049)		(4,864)		(703,913)
Investment securities gains (losses)—net	(254,178)		(2,763)		(256,941)		1,379,550		2,908		1,382,458
Equity in earnings of equity method investees—net	398,086		61		398,147		463,802		252		464,054
Losses on sales of loans including valuation adjustment for loans held for sale	(34,039)		(371)		(34,410)		(45,067)		71		(44,996)

Other non-interest income	92,828		(1,898)		90,930		163,597		6		163,603
Total	1,486,910		17,592		1,504,502		2,867,583		7,801		2,875,384
Non-interest expense:
Salaries and employee benefits	1,343,631		3,892		1,347,523		1,397,950		8,548		1,406,498
Occupancy expenses—net	162,204		719		162,923		156,027		858		156,885
Fees and commissions expenses	340,141		1,700		341,841		385,172		2,308		387,480
Outsourcing expenses, including data processing	351,323		807		352,130		320,851		(291)		320,560
Depreciation of premises and equipment	73,793		183		73,976		79,587		436		80,023
Amortization of intangible assets	274,380		582		274,962		288,558		(20)		288,538

Insurance premiums, including deposit insurance	74,334		4,111		78,445		91,005		1,056		92,061
Communications	58,375		205		58,580		58,608		610		59,218
Taxes and public charges	100,291		806		101,097		105,420		1,734		107,154

Provision for off-balance sheet credit instruments	20,747		(588)		20,159		32,902		387		33,289


Other non-interest expenses	433,632		6,148		439,780		409,827		6,711		416,538
Total	3,419,954		18,565		3,438,519		3,340,949		22,337		3,363,286
Income before income tax expense	448,222		13,090		461,312		1,882,594		(4,368)		1,878,226
Income tax expense	41,174		5,577		46,751		501,567		(910)		500,657


Net income before attribution of noncontrolling interests	407,048		7,513		414,561		1,381,027		(3,458)		1,377,569
Net income attributable to noncontrolling interests	30,413		2,350		32,763		52,906		(1,206)		51,700
Net income attributable to Mitsubishi UFJ Financial Group	¥	376,635	¥	5,163	¥	381,798	¥	1,328,121	¥	(2,252)	¥	1,325,869
Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group	¥	376,635	¥	5,163	¥	381,798	¥	1,328,121	¥	(2,252)	¥	1,325,869
Earnings per common share applicable to common shareholders of Mitsubishi UFJ Financial Group:
Basic earnings per common share—Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group	¥	30.58	¥	0.42	¥	31.00	110.87		¥	(0.18)	¥	110.69
Diluted earnings per common share—Earnings applicable to common shareholders of Mitsubishi UFJ Financial Group	30.26		0.42		30.68		110.58		(0.19)		110.39


	For the fiscal year ended March 31, 2023						For the fiscal year ended March 31, 2024
(in millions)	As Previously Reported		Adjustments		As Adjusted		As Previously Reported		Adjustments		As Adjusted
Net income before attribution of noncontrolling interests	¥	407,048	¥	7,513	¥	414,561	¥	1,381,027	¥	(3,458)	¥	1,377,569
Other comprehensive income, net of tax:
Net unrealized gains (losses) on investment securities	(202,955)		1,843		(201,112)		41,949		2,550		44,499

Net unrealized losses on derivatives qualifying for cash flow hedges	(5,117)		(460)		(5,577)		(505)		(131)		(636)
Defined benefit plans	(20,331)		284		(20,047)		382,809		46		382,855
Foreign currency translation adjustments	847,705		(40,770)		806,935		1,096,700		(16,491)		1,080,209
Total	637,108		(39,103)		598,005		1,476,303		(14,026)		1,462,277
Comprehensive income	1,044,156		(31,590)		1,012,566		2,857,330		(17,484)		2,839,846
Net income attributable to noncontrolling interests	30,413		2,350		32,763		52,906		(1,206)		51,700
Other comprehensive income attributable to noncontrolling interests	19,949		(9,448)		10,501		99,232		(3,526)		95,706
Comprehensive income attributable to Mitsubishi UFJ Financial Group	¥	993,794	¥	(24,492)	¥	969,302	¥	2,705,192	¥	(12,752)	¥	2,692,440


	For the fiscal year ended March 31, 2023						For the fiscal year ended March 31, 2024
(in millions)	As Previously Reported		Adjustments		As Adjusted		As Previously Reported		Adjustments		As Adjusted



Capital surplus:



Other—net	¥	(1,497)	¥	—	¥	(1,497)	¥	(256)	¥	(205)	¥	(461)
Balance at end of fiscal year	¥	4,902,155	¥	—	¥	4,902,155	¥	4,636,097	¥	(205)	¥	4,635,892



Unappropriated retained earnings:
Balance at beginning of fiscal year	¥	8,172,646	¥	11,007	¥	8,183,653	¥	8,169,710	¥	16,170	¥	8,185,880

Net income attributable to Mitsubishi UFJ Financial Group	376,635		5,163		381,798		1,328,121		(2,252)		1,325,869


Balance at end of fiscal year	¥	8,169,710	¥	16,170	¥	8,185,880	¥	9,072,572	¥	13,918	¥	9,086,490


	For the fiscal year ended March 31, 2023						For the fiscal year ended March 31, 2024
(in millions)	As Previously Reported		Adjustments		As Adjusted		As Previously Reported		Adjustments		As Adjusted
Accumulated other comprehensive income, net of taxes:
Balance at beginning of fiscal year	¥	227,033	¥	56,517	¥	283,550	¥	844,192	¥	26,862	¥	871,054
Net change during the fiscal year	617,159		(29,655)		587,504		1,377,071		(10,500)		1,366,571
Balance at end of fiscal year	¥	844,192	¥	26,862	¥	871,054	¥	2,221,263	¥	16,362	¥	2,237,625







Total Mitsubishi UFJ Financial Group shareholders’ equity	¥	15,763,346	¥	43,032	¥	15,806,378	¥	17,645,662	¥	30,075	¥	17,675,737
Noncontrolling interests:
Balance at beginning of fiscal year	¥	691,454	¥	21,309	¥	712,763	¥	702,821	¥	14,398	¥	717,219
Initial subscriptions of noncontrolling interests	3,316		192		3,508		58,117		(38)		58,079
Transactions between the consolidated subsidiaries and the related noncontrolling interest shareholders	(10,174)		—		(10,174)		(22,204)		200		(22,004)


Net income attributable to noncontrolling interests	30,413		2,350		32,763		52,906		(1,206)		51,700
Dividends paid to noncontrolling interests	(18,784)		(5)		(18,789)		(25,738)		(29)		(25,767)
Other comprehensive income, net of taxes	19,949		(9,448)		10,501		99,232		(3,526)		95,706

Balance at end of fiscal year	¥	702,821	¥	14,398	¥	717,219	¥	831,551	¥	9,799	¥	841,350
Total equity	¥	16,466,167	¥	57,430	¥	16,523,597	¥	18,477,213	¥	39,874	¥	18,517,087


	For the fiscal year ended March 31, 2023						For the fiscal year ended March 31, 2024
(in millions)	As Previously Reported		Adjustments		As Adjusted		As Previously Reported		Adjustments		As Adjusted
Cash flows from operating activities:
Net income before attribution of noncontrolling interests	¥	407,048	¥	7,513	¥	414,561	¥	1,381,027	¥	(3,458)	¥	1,377,569
Adjustments to reconcile net income before attribution of noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization	348,173		765		348,938		368,145		416		368,561





Provision for credit losses	8,148		(863)		7,285		237,990		20,805		258,795
Employee benefit cost (income) for severance indemnities and pension plans	47,740		(2,030)		45,710		(27,001)		230		(26,771)
Investment securities (gains) losses—net	254,178		2,763		256,941		(1,379,550)		(2,908)		(1,382,458)
Amortization of premiums (discounts) on investment securities	51,514		(63)		51,451		(43,874)		(190)		(44,064)

Foreign exchange (gains) losses—net	(508,644)		(37,852)		(546,496)		511,334		23,017		534,351
Equity in earnings of equity method investees—net	(398,086)		(61)		(398,147)		(463,802)		(252)		(464,054)
Provision (benefit) for deferred income tax expense	(410,275)		3,033		(407,242)		93,123		(1,911)		91,212
Increase in trading account assets, excluding foreign exchange contracts	(184,246)		3,726		(180,520)		(3,046,474)		(803)		(3,047,277)
Increase in trading account liabilities, excluding foreign exchange contracts	2,740,193		(11,081)		2,729,112		2,094,319		6,952		2,101,271
Net decrease (increase) in collateral for derivative transactions	713,541		(17,448)		696,093		(437,941)		(23,269)		(461,210)



Other—net	872,051		(41,216)		830,835		(942,166)		(319,941)		(1,262,107)
Net cash provided by (used in) operating activities	2,106,136		(92,814)		2,013,322		(1,490,273)		(301,312)		(1,791,585)
Cash flows from investing activities:
Proceeds from sales of Available-for-sale debt securities (including proceeds from debt securities under the fair value option)	56,577,840		471		56,578,311		62,450,314		(303)		62,450,011
Proceeds from maturities of Available-for-sale debt securities (including proceeds from debt securities under the fair value option)	32,907,726		(52,893)		32,854,833		31,987,266		(17,533)		31,969,733


Purchases of Available-for-sale debt securities (including purchases of debt securities under the fair value option)	(81,038,628)		36,002		(81,002,626)		(87,806,011)		(10,707)		(87,816,718)
Proceeds from maturities of Held-to-maturity debt securities	127,815		(2,818)		124,997		1,380,753		—		1,380,753
Purchases of Held-to-maturity debt securities	(16,975,528)		1,838		(16,973,690)		(3,889,987)		—		(3,889,987)
Proceeds from sales and redemption of Equity securities (including proceeds from equity securities under the fair value option)	2,857,748		560		2,858,308		3,146,236		2,735		3,148,971
Purchases of Equity securities (including purchases of equity securities under the fair value option)	(1,912,280)		(947)		(1,913,227)		(2,893,370)		(1,164)		(2,894,534)



Acquisition of PT Home Credit Indonesia, a subsidiary of BK, net of cash acquired	—		—		—		(28,917)		(302)		(29,219)


Net increase in loans	(1,496,724)		93,744		(1,402,980)		(1,709,541)		143,621		(1,565,920)
Net increase in call loans, funds sold, and receivables under resale agreements and securities borrowing transactions	(1,297,909)		184,394		(1,113,515)		(3,646,170)		(112,381)		(3,758,551)
Proceeds from sales of premises and equipment	32,214		3,409		35,623		57,728		(2,103)		55,625
Capital expenditures for premises and equipment	(116,367)		(3,024)		(119,391)		(113,716)		2,503		(111,213)
Purchases of intangible assets	(272,534)		(558)		(273,092)		(315,146)		(2,162)		(317,308)


Other—net	(34,917)		3,151		(31,766)		60,247		13,515		73,762
Net cash used in investing activities	(12,213,619)		263,329		(11,950,290)		(1,268,560)		15,719		(1,252,841)
Cash flows from financing activities:
Net increase in deposits	6,207,093		(65,733)		6,141,360		3,659,260		475,016		4,134,276
Net increase (decrease) in call money, funds purchased, and payables under repurchase agreements and securities lending transactions	11,656,491		(116,001)		11,540,490		(6,039,816)		(39,252)		(6,079,068)
Net increase (decrease) in due to trust account and other short-term borrowings	(8,456,081)		(11,439)		(8,467,520)		804,718		17,428		822,146
Proceeds from issuance of long-term debt	7,529,772		40,466		7,570,238		3,188,412		22,349		3,210,761
Repayments of long-term debt	(4,168,619)		(20,024)		(4,188,643)		(3,962,569)		6,525		(3,956,044)



Dividends paid by subsidiaries to noncontrolling interests	(18,784)		(5)		(18,789)		(25,738)		(29)		(25,767)
Other—net	55,059		30		55,089		(39,223)		(356)		(39,579)
Net cash provided by (used in) financing activities	11,976,277		(172,706)		11,803,571		(3,250,435)		481,681		(2,768,754)
Effect of exchange rate changes on cash and cash equivalents	1,063,752		(21,314)		1,042,438		1,994,454		(13,983)		1,980,471
Net increase (decrease) in cash and cash equivalents	2,932,546		(23,505)		2,909,041		(4,014,814)		182,105		(3,832,709)
Cash and cash equivalents at beginning of fiscal year	111,111,544		(63,140)		111,048,404		114,044,090		(86,645)		113,957,445
Cash and cash equivalents:
Cash, due from banks and interest-earning deposits in other banks	114,040,503		(86,645)		113,953,858		110,023,163		95,460		110,118,623


Cash and cash equivalents at end of fiscal year	¥	114,044,090	¥	(86,645)	¥	113,957,445	¥	110,029,276	¥	95,460	¥	110,124,736

Supplemental disclosure of cash flow information:
Cash paid during the fiscal year for:
Interest	¥	1,942,163	¥	11,457	¥	1,953,620	¥	4,363,668	¥	14,009	¥	4,377,677
Income taxes, net of refunds	453,869		(1,876)		451,993		520,859		(901)		519,958
Non-cash investing and financing activities:
Assets acquired under finance lease arrangements	11,066		137		11,203		16,174		(187)		15,987
Assets acquired under operating lease arrangements	35,678		540		36,218		50,996		768		51,764