ملخص 2016 PDF
ملخص 2016 PDF
ملخص 2016 PDF
1
Agenda
• FY2015 financial result summary 3
• Income statement summary 4
• Outline of profits attributable to owners of parent 5
• Outline of results by business segment 6
• Balance sheet summary 7
• Loans / deposits 8
• Domestic deposit / lending rates 9
• Loan assets 10
• Investment securities 11
• Capital adequacy 12
• FY2016 targets 13
• Dividend forecast 14
• Repurchase of own shares 15
• Appendix: Capital policy 16
• Appendix: Energy and mining credit exposure 17
• Appendix: Mitsubishi UFJ Nicos - System Integration Project 20
2
FY2015 financial result summary 【Consolidated】
(for Fiscal Year Ended March 31, 2016)
〈Consolidated〉 (¥bn)
(full implementation) 5 Dividend per common stock (\) 18.00 18.00 0.00
of the period×Issue price+Foreign currency translation adjustments at the beginning of the period)
+(Total shareholders' equity at the end of the period-Number of nonconvertible preferred stocks at the end of the period
3
Income statement summary 【Consolidated】
Profits attributable to owners of parent 17 Profits attributable to owners of parent 1,033.7 951.4 (82.3)
• As a result, profits attributable to owners of parent 18 EPS (\) 73.22 68.51 (4.70)
decreased by ¥82.3bn from FY14 to ¥951.4bn. *1 Credit costs for trust accounts + Provision for general allowance for credit losses + Credit costs (included in non-recurring gains/losses)
+ Reversal of allowance for credit losses + Reversal of reserve for contingent losses included in credit costs + Gains on loans written-off
4
Outline of profits attributable to owners of parent 【Consolidated】
• Profits attributable to owners of parent was ¥951.4bn, achieving the FY15 target.
226.3
388.7 BTMU
600 586.0
578.7 599.3
247.7 530.2
405.4 500
356.7
290.4
140.9
0
FY09 FY10 FY11 FY12 FY13 FY14 FY15 *2 The above figures reflect the percentage holding in each subsidiaries and equity
*1 One-time effect of negative goodwill associated with the application of equity method method investees
accounting on our investment in Morgan Stanley *3 MUFG Americas Holdings Corporation
*4 Including cancellation of the amount of inter-group dividend receipt and
profits (losses) related to transfer of equity securities within MUFG and
5 other expenses, etc.
Outline of results by business segment 【Consolidated】
Net operating profits by business segment*1 Breakdown of changes in net operating profits
(¥bn) (¥bn)
340.6 286.6
0
FY14 FY15 FY14 FY15
*1 Consolidated net business profits on a managerial accounting basis.
*2 Total net operating profits includes net operating profit for “Other” segment (FY14:¥(197.2)bn, FY15:¥(157.0)bn).
*3 Ratio of customer segments = net operating profits from customer segments ÷ total net operating profits (*2)
6
Balance sheet summary 【Consolidated】
• Increased from the end of September 2015 mainly BTMU (Canada) and BTMU (Malaysia)
*4 FRL = the Financial Reconstruction Law
due to increases in unrealized gains on Japanese
government bonds and foreign bonds.
7
Loans / deposits 【Consolidated】
10.1
Domestic corporate*1 +¥1.0tn 8.2 8.6 7.6 7.9 9.7
*1 Excluding loans to government and governmental institutions Sep. 13 Mar. 14 Sep. 14 Mar. 15 Sep. 15 Mar. 16
*2 Loans booked in overseas branches, MUAH, Krungsri, BTMU (China),
BTMU (Holland) , BTMU (Canada) and BTMU (Malaysia) Housing loan Domestic corporate *1 Government
*3 Sum of banking and trust accounts Overseas *2 Others
154.4 160.9
153.3
(increased ¥6.4tn from the end of September 2015) 144.7 144.1
136.1
37.1
<Changes from September 2015 > 24.9
30.1 29.6
35.4 36.2
8
Domestic deposit / lending rates 【Non-consolidated】
• Domestic deposit / lending spread excluding loans to government in FY15 4Q decreased 0.01 percentage
point from FY15 3Q mainly due to a decline in lending rates reflecting lower market interest rates.
1.09%
1.06%
1.04%
1.03%
1.01%
Deposit / lending spread
1.0% 1.04% 0.2%
1.02%
1.00%
0.98%
0.97%
Deposit rate
0.2% 0.0%
0.0% -0.2%
FY12 FY13 FY13 FY13 FY13 FY14 FY14 FY14 FY14 FY15 FY15 FY15 FY15 Dec. Mar. Jun. Sep. Dec. Mar. Jun. Sep. Dec. Mar. Jun. Sep. Dec. Mar.
4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 12 13 13 13 13 14 14 14 14 15 15 15 15 16
(Source : Bloomberg)
9
Loan assets 【Consolidated】
• Risk-monitored loans ratio increased 0.04 percentage points from the end of March 2015 to 1.45% mainly due
to an increase in risk-monitored loans balance.
• Total credit costs were ¥255.1bn on a consolidated basis. (¥103.7bn on a non-consolidated basis.)
(570.1)
(760.1)
Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar.
FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15
[Breakdown] 07 08 09 10 11 12 13 14 15 16 [Breakdown]
Non-
EMEA*2 18.1 21.2 42.6 136.3 121.2 127.2 122.0 126.3 88.2 133.9 61.5 (50.1) (357.8) (361.6) (174.2) (134.5) (65.3) 35.1 (71.1) (103.7)
Consolidated
Americas*2 54.9 24.8 81.2 147.3 110.3 89.2 125.0 114.9 100.7 199.4 CF*5
(133.0) (152.1) (91.0) (232.2) (135.0) (50.1) (33.7) (35.7) (44.1) (51.6)
Asia 13.5 13.1 15.4 14.4 9.4 14.4 17.0 89.0 108.8 145.3 Overseas*6 0.7 (17.8) (59.7) (110.6) (2.7) 16.1 (0.8) 9.2 (63.2) (100.8)
Domestic 1,444.2 1,217.3 1,390.5 1,467.9 1,551.5 1,633.2 1,680.3 1,375.2 1,242.0 1,177.1 Others*7 (4.9) (41.5) (61.5) (55.7) (42.1) (24.9) (15.6) 3.2 16.9 1.0
*1 Risk-monitored loans based on Banking Act. Regions are based on the borrowers’ location. *4 Including gains on loans written-off
*2 Figures of EMEA (Europe, Middle East and Other) and Americas before March 2012 are *5 Sum of MUN and ACOM on a consolidated basis
previously disclosed as Other and United States of America, respectively. *6 Sum of BTMU and MUTB’s oversea subsidiaries and affiliated companies
*3 Total risk-monitored loans / Total loans and bills discounted (banking accounts as of period *7 Sum of other subsidiaries and affiliated companies,
10 end) and consolidation adjustment
Investment securities 【Consolidated/Non-consolidated】
Available-for-sale securities with fair value Unrealized gains (losses) on available-for-sale securities
Sep.13 Mar.14 Sep.14 Mar.15 Sep.15 Mar.16 Sep.13 Mar.14 Sep.14 Mar.15 Sep.15 Mar.16
*1 Available-for-sale securities and held-to-maturity securities. Non-consolidated. *2 Available-for-sale securities. Non-consolidated.
11
Capital adequacy 【Consolidated】
(¥bn) Change
Sep.15 Mar.16
Total capital from Sep.15
1 Common Equity Tier1 ratio 11.23% 11.63% 0.40%
• Total capital increased by ¥378.9bn from the end of
September 2015 mainly due to increases in retained 2 Tier1 ratio 12.73% 13.24% 0.50%
earnings and other comprehensive income, as well as 3 Total Capital ratio 15.69% 16.01% 0.31%
subordinated debt funding.
4 Common Equity Tier1 capital 12,571.9 13,039.8 467.9
• Common Equity Tier1 capital increased by ¥467.9bn
5 Retained earnings 8,358.0 8,587.5 229.5
from the end of September 2015.
6 Other comprehensive income 1,356.2 2,161.2 805.0
(¥bn)
FY 2015 FY 2016
Interim Full Year
〈Consolidated〉 Interim Full Year
(results) (results)
1 Total credit costs (31.0) (255.1) (110.0) (210.0)
2 Ordinary profits 969.9 1,539.4 610.0 1,320.0
3 Profits attributable to owners of parent 599.3 951.4 360.0 850.0
13
Dividend forecast 【Consolidated】
¥13
200 ¥12 ¥12 ¥9 ¥9 ¥9
¥12
¥12 ¥9
¥6 ¥7
¥6
¥6
100 ¥5
¥9 ¥9 ¥9
¥7 ¥6 ¥6 ¥6 ¥6 ¥7
0
FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
(forecast)
*1 FY11 figures do not include one-time effect of negative goodwill associated with application of equity method accounting on our investment in Morgan Stanley
14
Repurchase of own shares 【Consolidated】
• Resolved to repurchase own shares in order to enhance shareholder returns, improve capital efficiency and
conduct capital management flexibly.
Type of shares to be
Ordinary shares of MUFG
repurchased
Aggregate amount of
Up to ¥100.0 billion
repurchase price
15
Appendix: Capital policy
• Enhance further shareholder returns and make strategic investment for sustainable growth while
maintaining solid equity capital
Enhance further
shareholder returns
MUFG’s
Corporate
Value
16
Appendix: Energy and mining credit exposure ~Overview
• As of end of March 2016, total credit exposure in the energy related sector *1 was ¥10.4 tn. Net exposure, deducting
collateral and guarantee (e.g. ECA), was ¥6.9 tn. Credit exposure toward companies or projects that are involved with
exploration, development and production of oil and gas (“Integrated” and “Upstream”) was ¥4.7 tn.
• Credit exposure in Americas was ¥3.8 tn or roughly 37% of overall energy related exposure, which includes ¥0.5 tn of
Reserve Based Lending (“RBL”) in MUAH (RBL: Loan collateralized by the value of oil and gas reserves).
Credit exposure, collateral and guarantee Credit exposure and undrawn commitment
(¥tn) (¥tn)
15 Credit exposure
Around 92% is toward
15 Credit exposure
borrowers categorized
¥10.4 tn as Normal ¥10.4 tn
Japan
Mid/down- Upstream ¥1.3 tn Americas
¥3.0 tn Corporate
stream*2 Asia, (MUAH) ¥7.9 tn
¥3.9 tn Oceania EMEA ¥0.8 tn
¥1.4 tn ¥1.4 tn Of which RBL
¥0.5 tn
*1 Including undrawn commitment and excluding market exposure *2 Storage, transportation, refining, sales and others *3 Project finance and trade finance
17 Note: All figures are on managerial basis, aggregating internal management figures of each subsidiary
Appendix: Energy and mining credit exposure ~Asset quality (1)
Upstream
Credit exposure (1) 2,984 637 683 201 192 138 1,133
Loans outstanding (2) 1,591 97 347 34 136 121 855
NPLs *1
(3) 99 A 15 62 0 0 0 B 22
Mining
Credit exposure (1) 1,175 478 0 373 180 0 143
Loans outstanding (2) 613 283 0 123 95 0 113
NPLs *1
(3) 20 0 0 0 C 15 0 D 6
*1 Subject to the relevant criteria applying to each subsidiary. For example, risk-monitored loans based on Japanese Banking Act
Note: All figures are on managerial basis, aggregating internal management figures of each subsidiary
18
Appendix: Energy and mining credit exposure ~Asset quality (2)
Credit exposure, collateral and allowance in the sectors and regions with higher NPL*1 ratio
• Total NPL amount is approx. ¥120 bn, of which 90% are covered with collateral, guarantee or allowance.
(¥ bn)
Upstream Mining
A B C D
Americas Americas Structured Structured
Asia/Oceania
(BTMU) (MUAH) finance finance
Collateralized or
(2) 121 540 408 44 46
guaranteed
Uncollateralized or
(3) = (1)-(2) 517 144 725 136 98
unguaranteed
Total NPLs
Collateralized or
(5) 0 42 19 0 0
guaranteed
Allowance (6) 8 20 3 11 3
Total NPLs (net)
*1 Subject to the relevant criteria applying to each subsidiary. For example, risk-monitored loans based on Japanese Banking Act
Note: All figures are on managerial basis, aggregating internal management figures of each subsidiary
19
Appendix: Mitsubishi UFJ Nicos - System Integration Project
Importance of MUN MUFG’s core subsidiary, leading the growing cashless payment / credit card business
20