Mitsubishi UFJ Financial : Notice Regarding Differences in Consolidated Financial Results for the Fiscal Year Ended March 31, 2024 Compared to March 31, 2023

Mitsubishi UFJ Financial Group, Inc. (MUFG)

Notice Regarding Differences in Consolidated Financial

Results for the Fiscal Year Ended March 31, 2024

Compared to March 31, 2023

Tokyo, May 15, 2024 --- MUFG today announced that there have been differences in ordinary income, ordinary profits, and profits attributable to owners of parent in its consolidated financial results for the fiscal year ended March 31, 2024 compared to those for the fiscal year ended March 31, 2023, disclosed on May 15, 2023, which require disclosure under the Securities Listing Regulations of the Tokyo Stock Exchange.

1. Differences between the financial results for the fiscal years ended March 31, 2024 and 2023

	Ordinary	Ordinary	Profits	Basic
	attributable to	earnings
	income	profits
	owners of parent	per share
	million yen	million yen	million yen	yen
March 31, 2023	9,281,027	1,020,728	1,116,496	90.73
(A)
	million yen	million yen	million yen	yen
March 31, 2024	11,890,350	2,127,958	1,490,781	124.65
(B)
Increase
(Decrease)	2,609,322	1,107,230	374,285	33.92
( B - A )
Increase
(Decrease)	28.1	108.5	33.5	37.4

• ％ )

2. Reason for the differences

The increase in ordinary income was mainly due to an increase in interest income including interest on loans and bills discounted and interest and dividends on securities.

The increase in profits attributable to owners of parent was mainly due to an increase in customer unit revenues, a change in Morgan Stanley's accounting period, and the impact of the depreciation of the yen.

The increase in ordinary profits was mainly due to the above factors, as well as ceasing to reflect valuation losses on securities and loans held for sale that were transferred in connection with the sale of shares in MUFG Union Bank, N.A. during the fiscal year ended March 31, 2023.

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About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

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