MUFG (MBFJF) chairman details common stock and incentive point holdings

Rhea-AI Filing Summary

Mitsubishi UFJ Financial Group chairman Mike Kanetsugu has filed an initial ownership report showing his equity interests in the company. He directly holds 398,362 shares of common stock. He also holds 158,826 non-adjustable stock compensation plan points and 11,993 annual performance-based points, each generally exchangeable on a one-for-one basis into common shares under the issuer’s stock compensation plan, subject to clawback and forfeiture for cause.

For the non-adjustable points, shares are delivered after he retires from the position tied to the grant; half of the related shares will be sold by a board incentive plan trust in pre-arranged open market sales in Japan, with the remaining shares and cash proceeds delivered to him. For the annual performance-based points granted on June 1, 2025, exchange into shares occurs after the issuer’s current three-year medium-term business plan period ending on March 31, 2027, with similar trust sales and delivery terms.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Mike Kanetsugu

(Last) (First) (Middle)

4-5, MARUNOUCHI 1-CHOME, CHIYODA-KU

(Street)

TOKYO JAPAN 100-8330

(City) (State) (Zip)

JAPAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
MITSUBISHI UFJ FINANCIAL GROUP INC [ MUFG ]

3a. Foreign Trading Symbol
[8306 (TSE)]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	398,362	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Compensation Plan Points(1)	(1)	(1)	Common Stock	158,826	(1)	D
Stock Compensation Plan Points(2)(3)(4)	(2)(3)	(2)(3)	Common Stock	11,993	(2)(3)	D

Explanation of Responses:

1. Represents the aggregate non-adjustable points held by the reporting person as of March 18, 2026 under the Issuer's stock compensation plan (the "Plan"). Subject to clawback and forfeiture for cause, each non-adjustable point held under the Plan will be exchangeable for one share of the Issuer's common stock following the reporting person's retirement from the position with responsibilities based on which the points were granted. Prior to delivery, the shares to be exchanged for the received points are held by a board incentive plan trust, and 50% of such shares will be sold by the trust through pre-arranged open market sale in Japan in accordance with the Plan on a specific date following the reporting person's retirement from the relevant position. Net proceeds from such sale in cash, together with the remaining 50% in shares, will be delivered to the reporting person.

2. Represents the aggregate annual performance-based points held by the reporting person as of March 18, 2026. These annual performance-based points were granted on June 1, 2025, based on certain performance criteria applied during the reporting person's service period from July 2024 to June 2025 under the Plan. Subject to clawback and forfeiture for cause, each annual performance-based point received under the Plan will be exchangeable for one share of the Issuer's common stock following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027. Prior to delivery, the shares to be exchanged for the received points are held by a board incentive plan trust, and 50% of such shares will be sold by the trust through pre-arranged open market sale in Japan in accordance with the Plan on the tenth business day in June 2027.

3. (Continued from footnote 2) Net proceeds from such sale in cash, together with the remaining 50% in shares, will be delivered to the reporting person. Separate from the reported amounts, the reporting person is entitled to additional annual performance-based points based on the reporting person's performance during the service period from July 2025 to June 2026. Those annual performance points are subject to an adjustment ranging from 0% to 150% and will be determined and fixed in June 2026 and, subject to clawback and forfeiture for cause, will also be exchangeable into shares of the Issuer's common stock on a one for one basis following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027 and delivered based on the same delivery terms as other annual performance-based points.

4. In addition to the non-adjustable points and annual performance-based points, the reporting person is entitled to medium-term performance-based points based on the reporting person's performance during the Issuer's current three-year medium-term business plan period ending March 31, 2027. These points are subject to an adjustment ranging from 0% to 150% and will be determined and fixed following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027. Subject to clawback and forfeiture for cause, these medium-term performance-based points will also be exchangeable into shares of the Issuer's common stock on a one for one basis following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027 and delivered based on the same delivery terms as annual performance-based points.

Remarks:

This statement on Form 3 is filed upon effectiveness of the U.S. Holding Foreign Insiders Accountable Act. Exhibit 24 - Power of Attorney

	/s/ Kazutaka Kato, by Power of Attorney	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Mike Kanetsugu report owning in MUFG (MBFJF) on this Form 3?

Mike Kanetsugu reports direct ownership of 398,362 MUFG common shares. He also holds 158,826 non-adjustable stock compensation plan points and 11,993 annual performance-based points, each generally exchangeable into one share of common stock under the issuer’s stock compensation plan.

How do MUFG (MBFJF) non-adjustable stock compensation plan points work for Kanetsugu?

Non-adjustable points can be exchanged one-for-one into MUFG common stock after retirement. Shares backing these points are held in a board incentive plan trust, which will sell 50% in pre-arranged open market sales in Japan before delivering cash proceeds and remaining shares.

What are the annual performance-based points reported by MUFG (MBFJF) chairman?

Kanetsugu holds 11,993 annual performance-based points granted June 1, 2025. They were earned for performance from July 2024 to June 2025 and, subject to clawback, convert one-for-one into common shares after MUFG’s medium-term business plan period ending March 31, 2027.

When will MUFG (MBFJF) annual performance-based point shares be delivered to Kanetsugu?

Delivery occurs after March 31, 2027 when the medium-term plan ends. A board incentive plan trust will sell 50% of related shares on the tenth business day in June 2027, then deliver net cash proceeds plus the remaining 50% in shares to him.

Does MUFG (MBFJF) chairman have additional potential performance-based awards beyond reported points?

Yes, he is entitled to additional annual and medium-term performance-based points. These future points, adjustable from 0% to 150%, will be fixed in June 2026 and after March 31, 2027 respectively, and are also exchangeable one-for-one into common shares, subject to clawback.