MUFG Total Capital ¥20,301.8bn; Tier 1 16.59% as RWAs Rise

Rhea-AI Filing Summary

Mitsubishi UFJ Financial Group (MUFG) disclosed its Basel III risk-adjusted capital ratios for the quarter ended June 30, 2025. On a consolidated basis the total capital ratio was 18.67% (down 0.16 percentage points), Tier 1 capital ratio was 16.59% (down 0.05 points) and Common Equity Tier 1 (CET1) was 13.95% (down 0.23 points). Total consolidated capital stood at ¥20,301.8 billion (up ¥156.7 billion) and risk-weighted assets were ¥108,725.1 billion (up ¥1,794.7 billion), with the 8% required capital equivalent to ¥8,698.0 billion.

At the operating-bank level, MUFG Bank (consolidated) reported a total capital ratio of 19.43% and CET1 of 14.77%, while Mitsubishi UFJ Trust and Banking (consolidated) reported a total capital ratio of 19.21% and CET1 of 12.83%. The disclosure shows modest quarter-over-quarter declines in capital ratios driven alongside increases in risk-weighted assets while absolute capital balances generally rose.

Positive

• Consolidated capital balances increased: total capital rose to ¥20,301.8 billion (up ¥156.7 billion) and Tier 1 capital to ¥18,043.6 billion (up ¥238.7 billion).
• Capital ratios remain well above the 8% required-capital benchmark shown in the filing (required capital ¥8,698.0 billion).
• MUFG Bank consolidated maintained strong ratios with a total capital ratio of 19.43% and CET1 of 14.77%.

Negative

• Consolidated CET1 declined 0.23 percentage points to 13.95%, reflecting ratio compression this quarter.
• Risk-weighted assets increased materially by ¥1,794.7 billion, which pressured capital ratios despite higher absolute capital.
• Mitsubishi UFJ Trust and Banking (consolidated) saw a larger CET1 drop of 0.72 percentage points to 12.83%.

Insights

Financial Analyst

TL;DR: MUFG's capital ratios remain robust despite slight quarter-on-quarter declines as RWAs increased.

MUFG's consolidated CET1 of 13.95% and total capital ratio of 18.67% provide a comfortable buffer above the 8% regulatory capital metric shown in the filing. Absolute capital balances increased (total capital +¥156.7bn; Tier 1 +¥238.7bn), but risk-weighted assets rose by ¥1,794.7bn, producing modest ratio compression. Bank-level data show similar dynamics: MUFG Bank (consolidated) CET1 14.77%, and Trust & Banking (consolidated) CET1 12.83%. For investors, these figures indicate sustained capital strength with near-term sensitivity to RWA growth.

Risk Analyst

TL;DR: Capital adequacy remains strong but RWAs widened, warranting monitoring of risk exposures and capital trajectory.

The report highlights a notable increase in consolidated RWAs of ¥1,794.7bn, which outpaced the rise in common equity (CET1 up ¥1.9bn), resulting in a 0.23 percentage point decline in CET1 to 13.95%. Mitsubishi UFJ Trust and Banking shows a larger CET1 drop of 0.72 points on a consolidated basis. While current ratios are well above the 8% required-capital calculation presented, the disproportionate RWA growth versus CET1 accumulation is the primary driver of ratio pressure this quarter and is the key risk signal in the filing.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

For the month of August 2025

Commission File No. 000-54189

MITSUBISHI UFJ FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

4-5, Marunouchi 1-chome, Chiyoda-ku

Tokyo 100-8330, Japan

(Address of principal executive office)

Indicate by check mark whether the registrant files or

will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  X  Form 40-F     

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K

in paper as permitted by Regulation S-T Rule 101(b)(7):

THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM F-3 (NO. 333-273681) OF MITSUBISHI UFJ FINANCIAL GROUP, INC. AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 14, 2025

Mitsubishi UFJ Financial Group, Inc.
By:		/s/ Yoshitaka Sekine
Name:		Yoshitaka Sekine
Title:		Managing Director, Head of Documentation & Corporate Secretary Department, Corporate Administration Division

Mitsubishi UFJ Financial Group, Inc.(MUFG)

Risk-Adjusted Capital Ratio Based on the Basel 3 Standards for the First Quarter Ended June 30, 2025

Tokyo, August 14, 2025 —- MUFG hereby announces the risk-adjusted capital ratio based on the Basel 3 standards for the first quarter ended June 30, 2025 as stated below.

Mitsubishi UFJ Financial Group, Inc. (Consolidated)

										(in billions of yen)
		As of June 30, 2025 (A)				Increase (Decrease) (A) - (B)				As of March 31, 2025 (B)
(1) Total capital ratio (4) / (7)			18.67	%			(0.16	%)			18.83	%
(2) Tier 1 capital ratio (5) / (7)			16.59	%			(0.05	%)			16.65	%
(3) Common Equity Tier 1 capital ratio (6) / (7)			13.95	%			(0.23	%)			14.18	%
(4) Total capital			20,301.8				156.7				20,145.0
(5) Tier 1 capital			18,043.6				238.7				17,804.8
(6) Common Equity Tier 1 capital			15,171.2				1.9				15,169.2
(7) Risk weighted assets			108,725.1				1,794.7				106.930.4
(8) Required Capital (7)×8%			8,698.0				143.5				8,554.4

MUFG Bank, Ltd. (Consolidated)

										(in billions of yen)
		As of June 30, 2025 (A)				Increase (Decrease) (A) - (B)				As of March 31, 2025 (B)
(1) Total capital ratio (4) / (7)			19.43	%			(0.19	%)			19.63	%
(2) Tier 1 capital ratio (5) / (7)			17.60	%			(0.08	%)			17.68	%
(3) Common Equity Tier 1 capital ratio (6) / (7)			14.77	%			(0.32	%)			15.10	%
(4) Total capital			16,679.0				201.4				16,477.6
(5) Tier 1 capital			15,105.9				262.7				14,843.2
(6) Common Equity Tier 1 capital			12,683.4				8.3				12,675.1
(7) Risk weighted assets			85,819.7				1,890.3				83,929.4
(8) Required Capital (7)×8%			6,865.5				151.2				6,714.3

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Mitsubishi UFJ Trust and Banking Corporation (Consolidated)

										(in billions of yen)
		As of June 30, 2025 (A)				Increase (Decrease) (A) - (B)				As of March 31, 2025 (B)
(1) Total capital ratio (4) / (7)			19.21	%			(0.74	%)			19.96	%
(2) Tier 1 capital ratio (5) / (7)			15.82	%			(0.59	%)			16.41	%
(3) Common Equity Tier 1 capital ratio (6) / (7)			12.83	%			(0.72	%)			13.56	%
(4) Total capital			1,929.1				(12.5	)			1,941.6
(5) Tier 1 capital			1,588.4				(7.9	)			1,596.3
(6) Common Equity Tier 1 capital			1,288.7				(29.9	)			1,318.7
(7) Risk weighted assets			10,038.9				314.4				9,724.4
(8) Required Capital (7)×8%			803.1				25.1				777.9

MUFG Bank, Ltd. (Non-Consolidated)

										(in billions of yen)
		As of June 30, 2025 (A)				Increase (Decrease) (A) - (B)				As of March 31, 2025 (B)
(1) Total capital ratio (4) / (7)			17.13	%			0.06	%			17.07	%
(2) Tier 1 capital ratio (5) / (7)			15.44	%			0.19	%			15.24	%
(3) Common Equity Tier 1 capital ratio (6) / (7)			12.22	%			(0.08	%)			12.30	%
(4) Total capital			12,592.5				343.6				12,248.9
(5) Tier 1 capital			11,350.9				410.7				10,940.2
(6) Common Equity Tier 1 capital			8,987.2				156.2				8,830.9
(7) Risk weighted assets			73,501.5				1,754.2				71,747.3
(8) Required Capital (7)×8%			5,880.1				140.3				5,739.7

Mitsubishi UFJ Trust and Banking Corporation (Non-Consolidated)

										(in billions of yen)
		As of June 30, 2025 (A)				Increase (Decrease) (A) - (B)				As of March 31, 2025 (B)
(1) Total capital ratio (4) / (7)			19.04	%			(1.01	%)			20.06	%
(2) Tier 1 capital ratio (5) / (7)			16.06	%			(0.82	%)			16.89	%
(3) Common Equity Tier 1 capital ratio (6) / (7)			13.45	%			(0.90	%)			14.35	%
(4) Total capital			2,167.8				(8.2	)			2,176.0
(5) Tier 1 capital			1,828.3				(3.7	)			1,832.1
(6) Common Equity Tier 1 capital			1,530.8				(25.7	)			1,556.6
(7) Risk weighted assets			11,380.6				536.1				10,844.5
(8) Required Capital (7)×8%			910.4				42.8				867.5

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Notes:

Risk-adjusted capital ratio of Mitsubishi UFJ Financial Group, Inc. is computed in accordance with the Notification of the Financial Services Agency No.20, 2006.

Risk-adjusted capital ratio of MUFG Bank, Ltd. and Mitsubishi UFJ Trust and Banking Corporation are computed in accordance with the Notification of the Financial Services Agency No.19, 2006.

-End-

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 150,000 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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FAQ

What CET1 ratio did MUFG report for the quarter (MUFG)?

MUFG reported a consolidated Common Equity Tier 1 (CET1) ratio of 13.95%, down 0.23 percentage points from the prior quarter.

How large are MUFG's consolidated risk-weighted assets (RWAs)?

Consolidated RWAs were reported at ¥108,725.1 billion, an increase of ¥1,794.7 billion versus the prior quarter.

What is MUFG's total consolidated capital level?

Total consolidated capital was ¥20,301.8 billion, an increase of ¥156.7 billion from the previous quarter.

Did MUFG Bank and Mitsubishi UFJ Trust & Banking report similar trends?

Yes. MUFG Bank (consolidated) reported a total capital ratio of 19.43% and CET1 14.77%; Mitsubishi UFJ Trust & Banking (consolidated) reported total capital ratio 19.21% and CET1 12.83%.

What is the filing's required-capital calculation shown?

The filing shows required capital as 8% of RWAs; consolidated required capital was ¥8,698.0 billion.