[Form 3] MITSUBISHI UFJ FINANCIAL GROUP INC Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Mitsubishi UFJ Financial Group director Hiroshi Kubota reports direct ownership of 53,364 shares of common stock and several categories of stock compensation plan points that are linked to future delivery of common shares.

The non-adjustable points and annual performance-based points are generally exchangeable for common stock on a one-for-one basis after retirement or following the issuer’s three-year medium-term business plan period ending on March 31, 2027. Shares corresponding to these points are held in a board incentive plan trust, which will sell 50% of the shares through pre-arranged open market sales in Japan, delivering cash proceeds plus the remaining shares to Kubota, subject to clawback and forfeiture conditions.

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^*

Kubota Hiroshi

(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
	Officer (give title below)		Other (specify below)

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	53,364	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	131,840	(1)	D
Stock Compensation Plan Points(2)	(2)	(2)	Common Stock	1,962	(2)	D
Stock Compensation Plan Points(3)(4)(5)	(3)(4)	(3)(4)	Common Stock	8,000	(3)(4)	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 non-adjustable points that the reporting person is entitled to receive in equal monthly installments on the first day of each month during the reporting person's service period from the date hereof to June 2026.

3. 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. Net proceeds from such sale in cash, together with the remaining 50% in shares, will be delivered to the reporting person.

4. (Continued from footnote 3) 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.

5. 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 did MUFG director Hiroshi Kubota report in this insider disclosure?

Hiroshi Kubota reported direct ownership of 53,364 MUFG common shares and multiple stock compensation plan points. These points can later be exchanged one-for-one into common stock, subject to retirement or performance conditions, clawback provisions, and specific delivery schedules outlined under MUFG’s stock compensation plan.

How many MUFG common shares does Hiroshi Kubota currently hold directly?

Hiroshi Kubota holds 53,364 MUFG common shares directly. This position is separate from his stock compensation plan points, which represent additional potential common shares that may be delivered in the future if retirement and performance-based conditions under the company’s stock compensation plan are satisfied.

What are MUFG non-adjustable stock compensation plan points reported by Kubota?

Non-adjustable points represent fixed amounts granted under MUFG’s stock compensation plan. Kubota holds an aggregate of 131,840 such points as of March 18, 2026, plus 1,962 points to be received in equal monthly installments until June 2026, each generally exchangeable into one MUFG common share after retirement.

How do MUFG annual performance-based points work for Hiroshi Kubota?

Annual performance-based points depend on MUFG’s performance over specified service periods. Kubota holds 8,000 such points granted June 1, 2025, for performance from July 2024 to June 2025. These points, and additional adjustable points through June 2026, can convert one-for-one into common shares after March 31, 2027.

What are MUFG medium-term performance-based points mentioned for Hiroshi Kubota?

Medium-term performance-based points are tied to MUFG’s current three-year medium-term business plan ending March 31, 2027. Kubota is entitled to such points, adjustable from 0% to 150%, which will be fixed after that period and can then be exchanged one-for-one into MUFG common stock under the plan.

How will shares from MUFG stock compensation plan points be delivered to Hiroshi Kubota?

Shares underlying Kubota’s points are held in a board incentive plan trust. Upon retirement or plan milestones, 50% of those shares will be sold in pre-arranged open market sales in Japan, with cash proceeds and the remaining 50% in shares delivered to him, subject to clawback and forfeiture.