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The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Notice Regarding Revisions of Earnings Target



  The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Notice Regarding Revisions
  of Earnings Target

Business Wire

TOKYO -- November 14, 2013

Mitsubishi UFJ Financial Group, Inc. (MUFG) hereby announces that we have
revised our earnings target of consolidated net income for the fiscal year
ending March 31, 2014, originally announced on May 15, 2013, upward to 910.0
billion yen, to take into account the strong performance of the interim
results of our subsidiaries.

The forecast of annual dividends per share of common stock (an interim
dividend of ¥7 per common share, and an annual dividend of ¥14 per common
share) for the fiscal year ending March 31, 2014 has not been revised.

In addition, please refer to “Consolidated Summary Report for the six months
ended September 30, 2013 [under Japanese GAAP]” posted today.

                                                      
The earnings target for the fiscal year ending March 31, 2014 under Japanese
GAAP
(in billions of Japanese yen)
                                                          Net income
                                                          (Consolidated)
Previous earnings target (A)                              760           
Revised earnings target (B)                               910           
Change (B-A)                                              150           
Change (%)                                                19.7%         
[Reference]  The result of net income for the fiscal      852           
year ended March 31, 2013
                                                                        

This press release contains forward-looking statements regarding estimations,
forecasts, targets and plans in relation to the results of operations,
financial conditions and other overall management of the company and/or the
group as a whole (the "forward-looking statements"). The forward-looking
statements are made based upon, among other things, the company's current
estimations, perceptions and evaluations. In addition, in order for the
company to adopt such estimations, forecasts, targets and plans regarding
future events, certain assumptions have been made. Accordingly, due to various
risks and uncertainties, the statements and assumptions are inherently not
guarantees of future performance, may be considered differently from
alternative perspectives and may result in material differences from the
actual results. For the main factors that may effect the current forecasts,
please see Consolidated Summary Report, Annual Securities Report, Disclosure
Book, Annual Report, and other current disclosures that the company has
announced.

 
[Reference]
                                                         
Summary of the earnings target for the fiscal year ending March 31, 2014
under Japanese GAAP
                                   (in billions of Japanese yen)              
                                                                              
                                   [Reference]                                
               MUFG                The Bank of            Mitsubishi UFJ
               (Consolidated)      Tokyo-Mitsubishi       Trust and Banking   
                                   UFJ, Ltd.              Corporation
                                   (Non-consolidated)     (Non-consolidated)
                                                                              
Net
business
profits:       Sum of the two
before         banks
credit
costs for
trust
accounts
and
provision      1,020               860                    160
for
general
allowance
for credit
losses         * [1,020]           * [860]                * [160]             

 
                                                                              
Ordinary       1,530               865                    155
profits:       * [1,270]           * [740]                * [135]             
               The earnings
Net income:    target
               910                 510                    105
               * [760]             * [460]                * [85]              
                                                                              
Total                     (20)                  0                     10
credit                  *                   * [(80)]                * [(10)]  
costs:         [(150)]
* The figures in the brackets are the initial earnings target and its
referential amounts released on May 15, 2013.

Contact:

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Akira Narumi, +81-3-3240-1111
Chief Manager
Corporate Administration Division
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