Mitsubishi UFJ Financial : MUFG Report 2022 (JGAAP) (for printing)（PDF / 8.44MB）

MUFG Report 2022

Integrated Report

Mitsubishi UFJ Financial Group

What is the

MUFG

Way

MUFG Way serves as the basic policy in conducting our business activities, and provides guidelines for all group activities.

MUFG Way also is the foundation for management decisions, including the formulation of management strategies and management plans, and serves as the core value for all employees.

Values Purpose Vision

Code of Conduct

Purpose

Committed to empowering a brighter future.

Today, all of our stakeholders are striving to overcome challenges and

find a way to the next stage toward sustainable growth.

We at MUFG will make every effort to help realize these goals. This will be our unchanging purpose now, and into the future.

Values

In addition to our unchanging primary value of "Integrity and Responsibility,"

we also value "Professionalism and Teamwork" and will "Challenge Ourselves and Grow."

Vision

By empowering our stakeholders to find a way to the next stage toward sustainable growth, we will make every effort to

become an indispensable partner for them and to be the world's most trusted financial group.

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To empower our customers and partners

We will take full advantage of digital technologies and deliver innovative financial solutions to help our customers lead fulfilling lives and support them through life's challenges.

To empower our communities and society

We will play our part in the development of robust and resilient communities and societies through innovation and the provision of secure platforms.

To empower future generations

We will address issues our society faces to help create

a world in which society and the Earth's environment can coexist in harmony.

Committed to empowering a brighter future.

We will work to resolve issues faced by all our stakeholders by formulating and executing strategies based on the challenges they confront.

To empower shareholders and investors

We will live up to shareholder expectations by continuously enhancing our sustainability and corporate value.

To empower MUFG employees

We will create a working environment where diversity

is respected and where employees can shine and grow together.

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CONTENTS

MUFG Way	1
Contents	3
Management Message
Message from the CEO	5

Message from the CFO

1 5

Message from the CSuO

2 3

Sustainability Management Focused on	2 5
Addressing 10 Priority Issues
Response to Opportunities and Risks	2 7
MUFG's Pursuit of Value Creation
Value Creation Process	3 1
Trajectory of MUFG's Operations Aligned	3 3
with Changes in Society
MUFG's Unique Strengths	3 5
Value Creation Initiatives Undertaken by the Seven	3 7
Business Groups
Track Record in Value Creation	3 9
(Financial and Non-Financial Highlights)
Value Delivered to Stakeholders	4 1

Management Strategies and Performance

Medium-Term Business Plan (MTBP)

Review of the MTBP	4 5
Progress under the MTBP	4 7
Structural Reforms	49
FOCUS Challenges Taken on by Mars Growth	50
	Capital
Corporate Transformation
Digital Transformation (DX)	5 1
FOCUS Challenges for Digitalizing Paper	5 2
	Documents	5 3
FOCUS	Developing Money Canvas
FOCUS	Establishing Biz Forward	5 4
Contribution to Addressing Environmental and	5 5
Social Issues
FOCUS Our Leadership in the Net-Zero	5 6
	Banking Alliance (NZBA)	5 8
FOCUS	Promoting Sustainable Businesses
Climate Change Measures & Environmental	5 9
Protection (Disclosure Based on TCFD
Recommendations)
Transform Our Corporate Culture /
Human Resources Strategy
Message from the CHRO	6 5

Roundtable Discussion-Inclusion & Diversity

6 7

Main Disclosure Outlets

			Corporate Website
Detailed
		Annual Report	Sustainability Report
		Basel III Information
		Databook	Corporate
		Governance Report
			Integrated Report
			Investor Meeting
			Presentation
General			Business Report
		Financial	Non-Financial

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Editorial Overview

To best explain our efforts to create sustained value to our investors and other stakeholders, we, Mitsubishi UFJ Financial Group, or MUFG, have compiled this integrated report, MUFG Report 2022, with reference to such guidelines as the framework provided by the Value Reporting Foundation (VRF) as well as the Guidance for

Collaborative Value Creation issued by the Ministry of Economy, Trade and Industry. Further details on our financial status and sustainability initiatives are available on our website. In addition, our plans call for issuing the MUFG Sustainability Report 2022, a publication detailing our response to sustainability issues, in September 2022 or later.

Reporting Period

April 1, 2021 to March 31, 2022

(The report includes some information pertaining to activities undertaken up to July 2022.)

FOCUS Becoming a Certified Instructor-an	69
Example of a Dual In-House Assignment
System Applicant
FOCUS The "DEEP" Training Program Aimed at	7 0
Nurturing Core Digital Specialists
Roundtable Discussion-	7 3
How We Take on New Challenges

Strategies Executed by Each Business Group

Business Group Performance	7 7
Digital Service Business Group (DS)	7 9
Retail & Commercial Banking Business Group (R&C)	8 1
Japanese Corporate & Investment Banking	8 3
Business Group (JCIB)
Global Commercial Banking Business Group (GCB)	8 5
Asset Management & Investor Services Business	8 7
Group (AM/IS)
Global Corporate & Investment Banking Business	8 9
Group (GCIB)
Global Markets Business Group	9 1

Leadership and Governance

Dialogue between Outside Directors and	9 5
Institutional Investors

Corporate Governance	9 7
Risk Management	1 09
Cyber Security	1 1 3
Compliance	1 1 5
Internal Audit	1 1 8
Initiatives for Practicing a Customer-Oriented Approach	1 1 9
Initiatives to Respect Human Rights	1 20
Financial Data / Corporate Data
Eleven-Year Summary of Major Financial Data	1 2 1
Financial Review for Fiscal 2021	1 2 3
Consolidated Financial Statements	1 2 7
ESG-Related External Recognition and Participation in	1 3 1
Global Initiatives
Performance Comparisons with Competitors	1 3 3
Company Overview	1 3 4

We would like to extend our gratitude to readers of the MUFG Report 2022 integrated report.

Guided by its Purpose, "Commited to empowering a brighter future," MUFG is engaged in ongoing value creation efforts. In the 2021 edition of this integrated report, we focused on discussing the necessity of accelerating business model innovation amid a rapidly evolving business environment and elaborated on what we aim to do under the new MTBP to realize such innovation. The 2022 edition features reports on progress in these initiatives. Also, based on feedback gleaned from stakeholder dialogue, this edition incorporates enriched descriptions regarding tangible examples of MUFG's corporate activities so that our readers can develop a well-informed conception of what we are doing.

As the officer in charge of IR and responsible for the preparation of this report, I hereby declare that the MUFG Report 2022 has been sincerely prepared through the involvement of top management and collaboration between various departments and that its content is accurate.

I would be very pleased if this report were to help our stakeholders understand MUFG's operations. Going forward, we will value any insights and takeaways acquired through stakeholder dialogue to enhance the content and transparency of information disclosure. We welcome frank opinions from our readers about this publication.

Tetsuya Yonehana Representative Corporate Executive, Senior Managing Corporate Executive, Group CFO

Disclaimer

This report contains forward-looking statements with regard to the expectations, forecasts, targets and plans of Mitsubishi UFJ Financial Group, Inc. and its subsidiaries and affiliates. These forward-looking statements are based on information currently available to the Group and are stated in this document on the basis of the outlook at the time that this document was produced. In producing these forward-looking statements, certain assumptions (premises) have been utilized that are subjective and may prove to be incorrect. Should any underlying assumption prove to be incorrect, actual results in the future may vary materially from some of the forward-looking statements in this document. The Group has no obligation or intent to update any forward-looking statements contained in this document. In addition, information on companies and other entities outside the Group that is included in this document has been obtained from publicly available information and other sources. The accuracy and appropriateness of that information has not been verified by the Group and cannot be guaranteed. All figures contained in this report are calculated according to generally accepted accounting principles in Japan, unless otherwise noted.

Definitions of Specific Terms Used in This Report

MUFG/The Group: Mitsubishi UFJ Financial Group, Inc. and its subsidiaries and affiliates

The Bank: MUFG Bank, Ltd.

The Trust Bank: Mitsubishi UFJ Trust and Banking Corporation

The Securities: Mitsubishi UFJ Securities Holdings Co., Ltd. and its subsidiaries

MUMSS: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

NICOS: Mitsubishi UFJ NICOS Co., Ltd.

MUAH: MUFG Americas Holdings Corporation

Krungsri (KS): Bank of Ayudhya Public Company Limited

Bank Danamon (BDI): PT Bank Danamon Indonesia, Tbk.

FSI: First Sentier Investors Holdings Pty Ltd

AM: Asset Management

IS: Investor Services

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