View source for MUFG

{{Short description|Japanese bank holding and financial services company}}
{{Use dmy dates|date=December 2023}}
{{Infobox company
| name = Mitsubishi UFJ Financial Group, Inc.
| native_name = 株式会社三菱UFJフィナンシャル・グループ
| native_name_lang = ja
| romanized_name = Kabushiki gaisha Mitsubishi Yūefujei Finansharu Gurūpu
| logo = Mitsubishi UFJ Financial Group.svg
| caption = 
| image = Bank of Tokyo-Mitsubishi UFJ 2018.jpg
| image_caption = Headquarters in [[Marunouchi]], Tokyo;<br>former head office of Mitsubishi Bank,<br>then of Bank of Tokyo-Mitsubishi
| type = [[Public company|Public]]
| traded_as = {{plainlist|
*{{tyo|8306}}
*{{NAG|8306}}
*{{NYSE|MUFG}} (ADS)
*[[Nikkei 225]] component (TYO)
*[[TOPIX]] Core30 component (TYO)}}
| predecessor = {{Unbulleted list|Mitsubishi Tokyo Financial Group|UFJ Holdings}}
| foundation = {{Start date and age|df=yes|2005|10|1}} (by merger)
| founder = 
| location = 
| location_city = 2-7-1 [[Marunouchi]], Chiyoda, Tokyo
| location_country = Japan
| locations = 
| area_served = Worldwide
| key_people = Kanetsugu Mike (chairman)<br>[[Hironori Kamezawa]] (president and Group CEO)
| industry = [[Financial services]]
| products = {{ubl | [[Asset management]] | [[Banking]] | [[Commodities]] | [[Credit card]]s | [[Equities trading]] | [[Insurance]] | [[Investment management]] | [[Mortgage loan]]s | [[Private equity]] | [[Wealth management]] }}
| revenue = {{Increase}} [[Japanese yen|JP¥]]4.495 [[Trillion (short scale)|trillion]] (2013)<ref name="FY2013">{{Cite web |date=May 2013 |title=US. SEC Annual Report (Form 20-F) |url=http://www.mufg.jp/english/ir/annualreport/2013mufg/pdf/mar/ar2013.pdf |url-status=dead |archive-url=https://web.archive.org/web/20151225203448/http://www.mufg.jp/english/ir/annualreport/2013mufg/pdf/mar/ar2013.pdf |archive-date=25 December 2015 |access-date=14 October 2013 }}</ref>
| net_income = {{Increase}} JP¥1.069&nbsp;trillion (2013)<ref name="FY2013" />
| aum = {{decrease}} {{US$|link=yes}}684&nbsp;billion (2022)<ref>{{Cite web|url=https://www.tr.mufg.jp/english/am_business/index.html|title = Asset Management}}</ref>
| assets = {{Increase}} {{US$}}3.1&nbsp;trillion (2020)<ref>{{Cite web|url=https://www.mufgamericas.com/who-we-are|title=Who We Are|date=13 October 2020}}</ref>
| equity = {{Increase}} JP¥10.608&nbsp;trillion (2013)<ref name="FY2013" />
| owner = [[Mitsubishi Group]]
| num_employees = 168,500 (2020)<ref>{{Cite web|url=https://www.macrotrends.net/stocks/charts/MUFG/mitsubishi-ufj-financial/number-of-employees|title = Mitsubishi UFJ Financial: Number of Employees 2006-2021 &#124; MUFG}}</ref>
| parent = 
| divisions = 
| subsid = {{ubl|[[MUFG Bank]]|[[Mitsubishi UFJ Trust and Banking Corporation]]|[[Mitsubishi UFJ Securities]]|[[Mitsubishi UFJ NICOS]]|{{ill|Mitsubishi UFJ Lease & Finance|jp|三菱UFJリース}}|[[Morgan Stanley]](23.3%)|[[Bank of Ayudhya]] |[[Bank Danamon]]}}
| homepage = {{URL|www.mufg.jp/english/index.html|mufg.jp}}
| footnotes = 
}}

{{Nihongo|'''Mitsubishi UFJ Financial Group, Inc.'''|'''MUFG'''; 株式会社三菱UFJフィナンシャル・グループ|[[Kabushiki gaisha]] Mitsubishi Yūefujei Finansharu Gurūpu||}} is a Japanese [[bank holding company|bank holding]] and [[financial services]] company headquartered in [[Chiyoda, Tokyo]], Japan.<ref>"[http://www.mufg.jp/english/profile/overview/ About MUFG] {{webarchive|url=https://web.archive.org/web/20100210043331/http://www.mufg.jp/english/profile/overview/ |date=February 10, 2010 }}." Mitsubishi UFJ Financial Group. Retrieved on 7 December 2009.</ref> MUFG was created in 2005 by merger between {{Nihongo|'''Mitsubishi Tokyo Financial Group'''|株式会社三菱東京フィナンシャル・グループ|Kabushiki kaisha mitsubishi tōkyō finansharu gurūpu}} and '''UFJ Holdings''' (株式会社UFJホールディングス; ''kabushikigaisha yūefujei hōrudingusu''). These two groups in turn brought together multiple predecessor banks including [[Mitsubishi Bank]] (est. 1880), [[Yokohama Specie Bank]] (est. 1880 as a policy bank, reorganized after World War II as [[Bank of Tokyo]]), [[Sanwa Bank]] (est. 1933 by merger of prior institutions), and [[Tokai Bank]] (est. 1941 by merger).

MUFG holds [[asset]]s of around US$2.7 [[1000000000000000 (number)|trillion]] as of 2024 and is the parent company of fully-owned [[MUFG Bank]] (branded Bank of Tokyo Mitsubishi UFJ or BTMU until July 2018<ref>{{cite web |website=Gulf News |url=https://gulfnews.com/business/banking/bank-of-tokyo-mitsubishi-ufj-rebranded-as-mufg-bank-1.2252291 |date=16 July 2018 |title=Bank of Tokyo-Mitsubishi UFJ rebranded as MUFG Bank}}</ref>), [[Mitsubishi UFJ Trust and Banking Corporation]], [[Mitsubishi UFJ Securities]], [[Mitsubishi UFJ Capital]], and [[MUFG Americas Holdings Corporation]]; majority shareholder of [[Bank Danamon]] in Indonesia, [[Bank of Ayudhya]] in Thailand, and [[Mitsubishi UFJ NICOS]] in Japan; and a large minority shareholder in the [[Master Trust Bank of Japan]], [[Morgan Stanley]] in the United States, [[Security Bank]] in the Philippines, and [[Vietinbank]] in Vietnam. It retains strong links with the [[Mitsubishi|Mitsubishi Group]] and is often described as one of that group’s "Three Great Houses", together with [[Mitsubishi Corporation]] and [[Mitsubishi Heavy Industries]].<ref>{{Cite web |title=MUFG; Company Overview – Mitsubishi UFJ Financial Group |url=http://www.mufg.jp/english/profile/overview/ |url-status=live |archive-url=https://web.archive.org/web/20100210043331/http://www.mufg.jp/english/profile/overview/ |archive-date=10 February 2010 |website=www.mufg.jp }}</ref>

MUFG is Japan's largest financial group and one of the world's ten largest [[bank holding companies]] holding around US$1.5&nbsp;trillion (JP¥227&nbsp;trillion) in [[deposit account|deposit]]s as of April 2024.<ref>{{Cite web |date=2024-04-01 |title=MUFG Americas Corporate Profile |url=https://www.mufgamericas.com/who-we-are/we-are-mufg-americas |url-status=live |archive-url=https://web.archive.org/web/20240728202225/https://www.mufgamericas.com/who-we-are/we-are-mufg-americas |archive-date=2024-07-28 |access-date=2024-07-28 |website=www.mufgamericas.com |language=en}}</ref> In Japan, it is the largest of the three so-called megabanks with $2.9 trillion in total assets at end-March 2023, ahead of [[SMBC Group]] ($2.0 trillion) and [[Mizuho Financial Group]] ($1.9 trillion).<ref>{{cite web |website=S&P Global |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/japanese-megabanks-retain-top-slots-in-ranking-even-as-total-assets-drop-76167793 |date=18 June 2023 |title=Japanese megabanks retain top slots in ranking even as total assets drop |author=Yuzo Yamaguchi & Mohammad Taqi}}</ref> It has been consistently listed as a [[Systemically important financial institution|systemically important bank]] by the [[Financial Stability Board]].{{fact|date=April 2025}}

==History==
{{See also|Yokohama Specie Bank|Mitsubishi Bank|Sanwa Bank|Tokai Bank|Bank of Tokyo}}
[[File:Bank of Tokyo-Mitsubishi UFJ (Nihonbashi branch).jpg|thumb|Former head office of Bank of Tokyo in [[Nihonbashi]], Tokyo]]
[[File:Bank-of-Tokyo-Mitsubishi-UFJ-Osaka-01.jpg|thumb|Former head office of Sanwa Bank in [[Osaka]]]]
[[File:UFJ銀行本店.jpg|thumb|Former head office of Tokai Bank, then UFJ Bank in [[Nagoya]]]]

MUFG was formed by three successive mergers in a sequence that lasted less than a decade, respectively between [[Bank of Tokyo]] and [[Mitsubishi Bank]] in 1996, between [[Sanwa Bank]], [[Tokai Bank]] and [[Toyo Trust and Banking]] in 2000-2002, and between the two resulting entities in 2005. The institutions involved in these mergers combined multiple threads of Japanese financial history, going back to the early [[Meiji era]]. MUFG incorporates several of the [[National Banks in Meiji Japan]], which were numbered in accordance with their chronological date of establishment between 1873 and 1880: 
* the {{ill|8th National Bank|ja|第八国立銀行}}, est. 1877 in [[Toyohashi]], merged 1886 into the 134th National Bank; 
* the {{ill|11th National Bank|ja|第十一国立銀行}}, est. 1877 in [[Nagoya]], merged 1896 with the 134th National Bank to form {{ill|Aichi Bank (1896-1941){{!}}Aichi Bank|ja|愛知銀行 (東海銀行の前身)}}, a predecessor of Tokai Bank; 
* the 13th National Bank, est. 1877 in Osaka, renamed the {{ill|Konoike Bank|ja|鴻池銀行}} in 1897, a predecessor of Sanwa Bank; 
* the {{ill|25th National Bank|ja|第二十五国立銀行}}, est. 1877 in [[Obama, Fukui]], merged 1927-1928 with Tsuruga Bank then 1938 into Owada Bank, another predecessor of Sanwa Bank; 
* the 30th National Bank, est. 1878 in Tokyo, acquired 1929 by the 34th Bank; 
* the 31st National Bank, est. 1878 in [[Aizuwakamatsu|Wakamatsu]], merged 1888 with the 148th National Bank (see below); 
* the 34th National Bank, est. 1878 in Osaka, renamed 1896 as {{ill|34th Bank|ja|三十四銀行}} or Sanjushi Bank, a predecessor of Sanwa Bank; 
* the 42th National Bank, est. 1878 in Osaka, restructured 1897 into Kitahama Bank then renamed 1919 into Setsuo Bank, merged 1926 into the 34th Bank; 
* the 43th National Bank, est. 1878 in [[Wakayama (city)|Wakayama]], split up 1930 into several entities including Daido Bank which merged into the 34th Bank; 
* the 95th National Bank, est. 1878 in Tokyo, merged 1925 into Yamaguchi Bank (see 148th bank below) after several name changes; 
* the 100th National Bank, est. 1878 in Tokyo, reorganized 1898 as the {{ill|100th Bank|ja|第百銀行}} or Daihyaku Bank, merged 1927 with Kawasaki Bank and absorbed 1943 by Mitsubishi Bank; 
* the {{ill|119th National Bank|ja|第百十九国立銀行}}, est. 1879 in Tokyo, a predecessor of Mitsubishi Bank; 
* the 121st National Bank, est. 1879 in Osaka, absorbed 1897 by the 34th Bank; 
* the {{ill|134th National Bank|ja|第百三十四国立銀行}}, est. 1879 in Nagoya, merged 1896 with the 11th National Bank to form Aichi Bank; 
* the 143th National Bank, est. 1879 in [[Yachimata]], merged 1880 into the 30th Bank; 
* the 148th National Bank, est. 1879 in Osaka, reorganized 1898 as {{ill|Yamaguchi Bank (Osaka){{!}}Yamaguchi Bank|ja|山口銀行 (大阪)}}, a predecessor of Sanwa Bank; 
* the {{ill|149th National Bank|ja|第百四十九国立銀行}}, est. 1879 in [[Hakodate]], merged 1885 into the 119th National Bank. 

===Bank of Tokyo-Mitsubishi merger===

[[Mitsubishi Bank]] and the [[Bank of Tokyo]] merged in 1996 to form the Bank of Tokyo-Mitsubishi, which at that point was the world's largest bank in terms of total assets.<ref>{{cite news|last=Associated Press|title=Bank of Tokyo-Mitsubishi Opens for Business as World's Biggest|url=https://news.google.com/newspapers?id=lvJLAAAAIBAJ&pg=3579,38029|access-date=12 April 2011|newspaper=Deseret News|date=1 April 1996}}</ref> The Bank of Tokyo had historically focused on foreign exchange business since its foundation as the [[Yokohama Specie Bank]] in 1880, while Mitsubishi Bank had had a stronger focus on domestic corporate and retail banking. Both banks were relatively healthy in the wake of the [[Japanese asset price bubble]].<ref name="fu">{{cite web|title=Bank of Tokyo-Mitsubishi Ltd. History|url=http://www.fundinguniverse.com/company-histories/bank-of-tokyo-mitsubishi-ltd-history/|publisher=International Directory of Company Histories, Vol. 15. St. James Press, 1996|access-date=9 April 2015|archive-url=https://web.archive.org/web/20150415085933/http://www.fundinguniverse.com/company-histories/bank-of-tokyo-mitsubishi-ltd-history/|archive-date=15 April 2015|url-status=live}}</ref> The merged bank was the fully-owned subsidiary of Mitsubishi Tokyo Financial Group (MTFG), based in Tokyo. 

===Sanwa-Tokai-Toyo merger into UFJ===

Until the Tokyo-Mitsubishi merger in 1996, [[Sanwa Bank]], which was based in Osaka and was the anchor of the [[Sanwa Group]] [[keiretsu]], had been considered the strongest bank in Japan, and it had aimed to be the world's largest bank during the "bubble era".<ref name="fu" /> By 2000, however, Sanwa was the fourth largest bank in Japan. It entered into merger talks with two other large banks, [[Asahi Bank]] and [[Tokai Bank]], to create the world's third-largest bank by assets. Asahi pulled out of these talks later that year, and eventually became part of [[Resona Holdings]].<ref>{{cite news|last1=Dvorak|first1=Phred|title=Asahi Exits Three-Way Bank Deal, Leaving Sanwa, Tokai to Clean Up|url=https://www.wsj.com/articles/SB961052280779900259|access-date=9 April 2015|work=The Wall Street Journal|date=16 June 2000|archive-url=https://web.archive.org/web/20150416064400/http://www.wsj.com/articles/SB961052280779900259|archive-date=16 April 2015|url-status=live}}</ref> By 2001, The Toyo Trust & Banking Co. had been added to the merger and the combined company was to be called United Financial Holdings.<ref>{{cite news|last1=Kennedy|first1=Sam|title=Sanwa, Tokai to Merge Under New Name|url=https://www.latimes.com/archives/la-xpm-2001-jun-28-fi-15919-story.html|access-date=9 April 2015|work=Los Angeles Times|date=28 June 2001|archive-url=https://web.archive.org/web/20150418145635/http://articles.latimes.com/2001/jun/28/business/fi-15919|archive-date=18 April 2015|url-status=live}}</ref> The merger was completed in 2002 and the new bank was officially named UFJ Bank Ltd.<ref name="origins">{{cite web|title=The Origins of Our Bank|url=http://www.bk.mufg.jp/global/aboutus/origins/index.html|publisher=The Bank of Tokyo-Mitsubishi UFJ|access-date=9 April 2015|archive-url=https://web.archive.org/web/20150313172754/http://www.bk.mufg.jp/global/aboutus/origins/index.html|archive-date=13 March 2015|url-status=live}}</ref> 

UFJ Bank was headquartered in [[Nagoya]], the historical headquarters of Tokai Bank, while its parent UFJ Holdings (UFJH) was based in [[Osaka]]. During its short life, the group was plagued by bad debt problems and by infighting between the employees of its predecessor companies. UFJ was one of the largest shareholders of [[Toyota]]. The Chairman of Toyota was a director on its board during the financial scandals and indictments of three UFJ executives.

===Formation of Mitsubishi UFJ Financial Group===

In July 2004, UFJ Holdings, by then Japan's fourth-largest financial group, offered to merge with the Mitsubishi Tokyo Financial Group. UFJ had been accused by the government of [[corruption]] and making bad loans to the [[yakuza]] crime syndicates. The takeover of UFJ by the Mitsubishi Tokyo Financial Group was challenged by the [[Sumitomo Mitsui Financial Group]] which launched a competing takeover bid. MTFG ultimately prevailed in the fight, which appeared to signal an end to the clubby atmosphere that had prevailed in Japan's postwar banking industry.<ref>{{Cite web |last=Fackler |first=Martin |date=2 August 2004 |title=Banking Duel in Japan Signals End of Old Ways |url=https://www.wsj.com/articles/SB109138643686379745 |access-date=27 July 2019 |website=[[The Wall Street Journal]]}}</ref> MUFG and SMFG eventually settled the legal dispute for 2.5&nbsp;billion yen in late 2006.<ref>{{cite news|title=Mitsubishi UFJ, Sumitomo Trust settle merger row|url=http://www.japantimes.co.jp/news/2006/11/22/business/mitsubishi-ufj-sumitomo-trust-settle-merger-row/|access-date=9 April 2015|work=Japan Times|agency=Associated Press|date=22 November 2006}}</ref> 

The merged holding company MUFG, based on Tokyo, was formed on 1 October 2005 from the merger of MTFG and UFJH. The two banks, Bank of Tokyo-Mitsubishi and UFJ Bank, merged on 1 January 2006 to form [[MUFG Bank]]. The latter transaction was originally scheduled to take place on 1 October 2005, the same day that the parent companies were merged. However, pressure from Japan's [[Financial Services Agency]], which wanted to ensure the smooth systems integration of the two banking giants, caused the merger of the banks to be postponed for three months. The trust banking and securities units of MTFG and UFJ were merged according to the original schedule on 1 October 2005.{{Citation needed|date=April 2021}}

===Subsequent developments===

Mitsubishi Bank and the Bank of Tokyo each had significant banking subsidiaries in California ([[Bank of California]] and [[MUFG Union Bank|Union Bank]] respectively) before their merger. At the time of the merger, these U.S. banks also merged to form [[UnionBanCal Corporation]]. BTM listed UnionBanCal on the New York Stock Exchange in 1999. In 2008, BTMU purchased all of the outstanding shares of UnionBanCal. BTMU moved its New York-based banking operations to Union Bank and renamed the company [[MUFG Union Bank]] in 2014.

BTMU was investigated by New York banking regulators over its role in routing payments for Iranian customers through its New York branch in violation of U.S. sanctions. BTMU settled with the state for $250&nbsp;million in 2013. A second settlement was reached for $315&nbsp;million in 2014 after it was found that [[PricewaterhouseCoopers]] had altered an investigation report on the issue; PwC itself was fined $25&nbsp;million in relation to the matter.<ref>{{cite news|title=Bank of Tokyo Fined for 'Misleading' New York Regulator on Iran|url=https://dealbook.nytimes.com/2014/11/18/lawsky-fines-bank-of-tokyo-mitsubishi-ufj-another-315-million/|access-date=10 April 2015|work=New York Times DealBook|date=18 November 2014|archive-url=https://web.archive.org/web/20150416211403/http://dealbook.nytimes.com/2014/11/18/lawsky-fines-bank-of-tokyo-mitsubishi-ufj-another-315-million/|archive-date=16 April 2015|url-status=live}}</ref>

In September 2008, MUFG signed a letter of intent with [[Morgan Stanley]] to form an alliance and purchase 20% of the American firm.<ref>[http://www.morganstanley.com/about/press/articles/6934.html Press Release] {{webarchive|url=https://web.archive.org/web/20080925034023/http://www.morganstanley.com/about/press/articles/6934.html |date=25 September 2008 }}. Morgan Stanley (22 September 2008). Retrieved on 2013-08-23.</ref>

In 2008 at the ''2008 ALB Japan Law Awards'',<ref>{{Cite web |title=Asian Legal Business |url=http://www.legalbusinessonline.com.au |website=www.legalbusinessonline.com.au}}</ref> Mitsubishi UFJ was crowned:
* In-House of the Year – Japan Investment Bank In-House Team of the Year
* Deal of the Year – Debt Market Deal of the Year

In April 2011, MUFG and [[Morgan Stanley]] entered into an agreement to convert MUFG's outstanding convertible preferred stock in Morgan Stanley into Morgan Stanley stock.<ref>{{Cite web |year=2011 |title=Mitsubishi UFJ Financial Group And Morgan Stanley Announce Agreement To Convert Morgan Stanley Convertible Preferred Stock To Common Stock – TheStreet |url=http://www.thestreet.com/story/11090166/1/mitsubishi-ufj-financial-group-and-morgan-stanley-announce-agreement-to-convert-morgan-stanley-convertible-preferred-stock-to-common-stock.html |url-status=live |archive-url=https://web.archive.org/web/20121011194458/http://www.thestreet.com/story/11090166/1/mitsubishi-ufj-financial-group-and-morgan-stanley-announce-agreement-to-convert-morgan-stanley-convertible-preferred-stock-to-common-stock.html |archive-date=11 October 2012 |access-date=19 July 2011 |website=thestreet.com }}</ref>

In June 2011, MUFG took a 9.99 percent stake in [[Lynas]] Corp, an Australian rare earths developer.<ref>{{Cite web |year=2011 |title=Mitsubishi UFJ buys 10% of Australia's Lynas – MarketWatch |url=http://www.marketwatch.com/story/mitsubishi-ufj-buys-10-of-australias-lynas-2011-07-04 |url-status=live |archive-url=https://web.archive.org/web/20110708094531/http://www.marketwatch.com/story/mitsubishi-ufj-buys-10-of-australias-lynas-2011-07-04 |archive-date=8 July 2011 |access-date=19 July 2011 |website=marketwatch.com }}</ref>

On 1 April 2018, the bank was renamed to MUFG Bank Ltd. This name change aligned the bank name with the holding company name by removing "Tokyo" from the name.<ref>{{cite web|url=https://www.nikkei.com/article/DGXLASGC16H03_W7A510C1EE9000/|date=16 May 2017|title=東銀ＤＮＡ「海外」残るか 「東京」消え「三菱ＵＦＪ」へ|access-date=5 February 2018|archive-url=https://web.archive.org/web/20171030003009/https://www.nikkei.com/article/DGXLASGC16H03_W7A510C1EE9000/|archive-date=30 October 2017|url-status=live}}</ref><ref>{{cite web |title='MUFG Bank' is the New Global Brand for MUFG's Core Commercial Banking Subsidiary |url=http://www.bk.mufg.jp/global/newsroom/news2018/pdf/newse0401.pdf |website=MUFG.jp |publisher=Mitsubishi UFJ Financial Group, Inc. / MUFG Bank, Ltd. |access-date=30 June 2018 |archive-url=https://web.archive.org/web/20180701030557/http://www.bk.mufg.jp/global/newsroom/news2018/pdf/newse0401.pdf |archive-date=1 July 2018 |url-status=live }}</ref>

On 31 October 2018, MUFG to acquire Australian Asset Manager, Colonial First State Global Asset Management.<ref>{{Cite web |date=31 October 2018 |title=Mitsubishi UFJ Financial to buy IBA's asset management operations |url=https://www.afr.com/business/banking-and-finance/mitsubishi-ufj-financial-to-buy-cbas-asset-management-operations-nikkei-20181031-h17bb4 |website=Australian Financial Review}}</ref>

==Group structure==
[[File:Mitsubishi UFJ Trust and Banking HQ.jpg|thumb|Head office of [[Mitsubishi UFJ Trust and Banking Corporation|Mitsubishi UFJ Trust & Banking]] in Tokyo, with the reconstructed {{ill|Industry Club of Japan|ja|日本工業倶楽部}} building in foreground]]
[[File:Otemachi Financial City Grand Cube1.jpg|thumb|Otemachi Financial City Grand Cube building, head office of [[Mitsubishi UFJ Securities]]]]
[[File:Krungsri Ploenchit Tower 550 Ploenchit Road Bangkok.jpg|thumb|Head office tower of [[Bank of Ayudhya]] in [[Bangkok]]]]

===Majority-owned banks===

* [[MUFG Bank|MUFG Bank, Ltd.]]
* [[UnionBanCal Corporation]] in the [[United States]] (approx 63% in Feb 2005; 68% in 2004; 100% in 2008)
* [[Bank Danamon]] in [[Indonesia]] (92.47%)
* [[Bank of Ayudhya]] in [[Thailand]] (76.88% on 5 January 2015; 72% on 19 December 2013)<ref>{{cite web|title=Stock Information for Bank of Ayudhya PCL|url=http://www.settrade.com/C04_05_stock_majorshareholder_p1.jsp?txtSymbol=BAY&selectPage=5|website=settrade.com|access-date=24 November 2017|archive-url=https://web.archive.org/web/20171201041742/http://www.settrade.com/C04_05_stock_majorshareholder_p1.jsp?txtSymbol=BAY&selectPage=5|archive-date=1 December 2017|url-status=live}}</ref>
* [[Security Bank]], semi-major bank in the [[Philippines]]
* {{Interlanguage link|Jibun Bank Corporation|lt=|ja|じぶん銀行}}, online bank

===Minority-owned banks===
* {{Interlanguage link|The Chukyo Bank, Ltd.|lt=|ja|中京銀行}} (39.9%)
* [[The Master Trust Bank of Japan, Ltd.]] (46.5%)
* [[Morgan Stanley]] (22.41%). On 29 September 2008, Mitsubishi UFJ Financial Group announced that it would acquire a shareholding in Morgan Stanley for US$9&nbsp;billion. In the midst of the October 2008 stock market crash, concerns over the completion of the Mitsubishi deal caused a dramatic fall in Morgan Stanley's stock price to levels last seen in 1994. Morgan Stanley's share price recovered considerably after Mitsubishi UFJ closed the deal on 14 October 2008.<ref name="MS-TMSF-01">{{cite news|url=https://www.reuters.com/article/us-financial-fed-morgan-idUSTRE49584320081007|title=Fed give OK to Mitsubishi, Morgan Stanley deal|work=Reuters|date=6 October 2008|access-date=14 April 2012|archive-url=https://web.archive.org/web/20120726032445/http://www.reuters.com/article/2008/10/07/us-financial-fed-morgan-idUSTRE49584320081007|archive-date=26 July 2012|url-status=live}}</ref><ref name="MS-TMSF-02">{{cite news|url=https://www.usatoday.com/money/industries/banking/2008-10-13-morgan-mitsubishi_N.htm|title=Mitsubishi UFJ buys 21% stake in Morgan Stanley|work=USA Today|date=13 October 2008|access-date=14 April 2012|archive-url=https://web.archive.org/web/20110220044426/http://www.usatoday.com/money/industries/banking/2008-10-13-morgan-mitsubishi_N.htm|archive-date=20 February 2011|url-status=live}}</ref><ref name="MS-TMSF-03">{{cite news|url=https://www.theguardian.com/business/2008/oct/11/morganstanley-banking|title=Morgan Stanley hangs on Mitsubishi's $9bn pledge|work=The Guardian|date=11 October 2008|access-date=14 April 2012|archive-url=https://web.archive.org/web/20150129153438/http://www.theguardian.com/business/2008/oct/11/morganstanley-banking|archive-date=29 January 2015|url-status=live}}</ref><ref name="MS-TMSF-04">{{cite news|url=https://www.bloomberg.com/news/2012-03-30/mitsubishi-ufj-considers-multibillion-dollar-u-s-bank-buyout.html|title=Mitsubishi UFJ Mulls Multi-Billion Dollar U.S. Bank Acquisition|work=Bloomberg|date=2 April 2012|access-date=14 April 2012|archive-url=https://web.archive.org/web/20120403014214/http://www.bloomberg.com/news/2012-03-30/mitsubishi-ufj-considers-multibillion-dollar-u-s-bank-buyout.html|archive-date=3 April 2012|url-status=live}}</ref><ref name="MS-TMSF-05">{{cite web |title=Mitsubishi UFJ Financial Group to Invest $9 Billion in Morgan Stanley |url=https://www.morganstanley.com/press-releases/mitsubishi-ufj-financial-group-to-invest-9-billion-in-morgan-stanley_6962 |website=Morgan Stanley |access-date=14 October 2020 |archive-url=https://web.archive.org/web/20200404040305/https://www.morganstanley.com/press-releases/mitsubishi-ufj-financial-group-to-invest-9-billion-in-morgan-stanley_6962 |archive-date=4 April 2020 |date=29 September 2008}}</ref>
** The payment from MUFG was supposed to be wired electronically; however, because it needed to be made on an emergency basis on [[Columbus Day#United States observance|Columbus Day]] when banks were closed in the US, MUFG cut a US$9&nbsp;billion physical check, the largest amount written via physical check at the time.<ref>{{cite book|title=[[Too Big to Fail (book)|Too Big to Fail]]|author=Andrew Ross Sorkin|pages=517–18|publisher=Viking|date=2009}}</ref><ref>{{cite news |title=Behold: The $9 Billion Check That Rescued Morgan Stanley |url=https://www.businessinsider.com/the-9-billion-check-to-rescued-morgan-stanley-2009-11 |access-date=14 October 2020 |work=Business Insider |date=20 November 2009 |archive-url=https://web.archive.org/web/20200831120838/https://www.businessinsider.com/the-9-billion-check-to-rescued-morgan-stanley-2009-11 |archive-date=31 August 2020}}</ref> The physical check was accepted by [[Robert A. Kindler]], Global Head of Mergers and Acquisitions and Vice Chairman of Morgan Stanley, at the offices of [[Wachtell, Lipton, Rosen & Katz|Wachtell Lipton]].<ref>{{cite web |author1=Morgan Stanley |title=Episode 04: Surviving the Crisis |url=https://www.youtube.com/watch?v=iPsiYIT79ig?t=863  |archive-url=https://ghostarchive.org/varchive/youtube/20211221/iPsiYIT79ig |archive-date=2021-12-21 |url-status=live|publisher=YouTube |access-date=14 October 2020 |location=Timestamp 14:23 |date=16 September 2020}}{{cbignore}}</ref>
* [[Chong Hing Bank]] (9.66%)  
* [[Vietinbank]] (20%), with which the Group decided to establish a strategic partnership in December 2012<ref>{{Cite news |date=27 December 2012 |title=Mitsubishi UFJ to Buy Stake in VietinBank for $743 Million |work=Bloomberg |url=https://www.bloomberg.com/news/2012-12-27/mitsubishi-ufj-to-buy-20-stake-in-vietinbank-for-743-million.html |url-status=live |access-date=27 December 2012 |archive-url=https://web.archive.org/web/20130707021756/http://www.bloomberg.com/news/2012-12-27/mitsubishi-ufj-to-buy-20-stake-in-vietinbank-for-743-million.html |archive-date=7 July 2013 }}</ref>

===Other associated companies===
*[[Trust bank]]
**[[Mitsubishi UFJ Trust and Banking Corporation]]
*[[Microfinance]]
**[[Hattha Kaksekar]] (Cambodia microfinance institution)
* [[Security (finance)|Securities]]
**{{Interlanguage link|Mitsubishi UFJ Securities Holdings|lt=|ja|三菱UFJ証券}} (intermediate holding company)
***[[Mitsubishi UFJ Securities]] (a retail joint venture between with [[Morgan Stanley]])
*** {{Interlanguage link|Morgan Stanley MUFG Securities Co., Ltd.|lt=|ja|モルガン・スタンレーMUFG証券}} (a joint venture between MUFG and Morgan Stanley)
*** {{Interlanguage link|Mitsubishi UFJ Morgan Stanley PB Securities Co., Ltd.|lt=|ja|三菱UFJモルガン・スタンレーPB証券}} (private banking brokerage business entities)
*** {{Interlanguage link|kabu.com Securities Co., Ltd.|lt=|ja|カブドットコム証券}} (Internet-only securities)
* [[Lease]]
**{{Interlanguage link|Mitsubishi UFJ Lease & Finance Company Limited|lt=|ja|三菱UFJリース}} 
** {{Interlanguage link|BOT Lease Co., Ltd.|lt=|ja|東銀リース}}
** {{Interlanguage link|Hitachi Capital Corporation|lt=|ja|日立キャピタル}}
* Research and consulting
**{{Interlanguage link|Mitsubishi UFJ Research and Consulting Co., Ltd|lt=|ja|三菱UFJリサーチ&コンサルティング}}
** Mitsubishi Asset Brains
** Mitsubishi UFJ Trust Investment Engineering Laboratory
* [[System]]
**[[Mitsubishi Research Institute DCS]] 
** {{Interlanguage link|Mitsubishi UFJ Information Technology, Ltd.|lt=|ja|三菱UFJインフォメーションテクノロジー}}
** {{Interlanguage link|Mitsubishi UFJ Trust Systems Co., Ltd.|lt=|ja|三菱UFJトラストシステム}}
** {{Interlanguage link|MUS information Systems Co., Ltd.|lt=|ja|MUS情報システム}}
** MU Business Engineering
* [[Asset management]]
** [[The Master Trust Bank of Japan]]
* [[Asset management]]
**{{Interlanguage link|Mitsubishi UFJ Kokusai Asset Management Co., Ltd.|lt=|ja|三菱UFJ国際投信}}
** MU Investment Advisor
** MUFG Investor Services
* [[Venture capital]]
** Mitsubishi UFJ Capital
* [[Wealth management]]
** Mitsubishi UFJ Wealth Management Securities
** Mitsubishi UFJ Personal Financial Advisors
* [[Factoring (finance)|Factoring]]
** Mitsubishi UFJ Factor
* Securities agency
** Japan share holder service
* [[Banking Agency of the Federation of Bosnia and Herzegovina|Banking agency]]
** Mitsubishi UFJ Financial Partners
* [[Foreign currency exchange]]
**{{Interlanguage link|Tokyo Credit Services, Ltd.|lt=|ja|東京クレジットサービス}}
* [[Consumer finance]]
** [[Acom]] (equity-method affiliate)
* Cards and credit sales
**[[Mitsubishi UFJ NICOS]]
** {{Interlanguage link|RYOSHIN DCCARD CO., LTD.|lt=|ja|菱信ディーシーカード}}
** [[JACCS|JACCS CO., LTD.]] (affiliated company accounted for by the equity method)
** {{Interlanguage link|JALCARD, Inc.|lt=|ja|JALカード}}
** {{Interlanguage link|Tokyo Credit Services, Ltd.|lt=|ja|東京クレジットサービス}} 
* [[Finance]]
** {{Interlanguage link|Unlimited Japanese housing|lt=|ja|日本住宅無尽}} ([[unlimited company]])
* [[Real estate]]
**{{Interlanguage link|Mitsubishi UFJ Real Estate Services Co., Ltd.|lt=|ja|三菱UFJ不動産販売}}
* [[Debt collection]]
** {{Interlanguage link|MU Frontier Servicer Co., Ltd|lt=|ja|エム・ユー・フロンティア債権回収}}
* Public interest corporation
** Foundation Mitsubishi UFJ Trust Scholarship Foundation
** Mitsubishi UFJ Trust and Regional Culture Foundation
** Mitsubishi UFJ Trust Arts Foundation
** Mitsubishi UFJ International Foundation
** Mitsubishi Economic Research Institute
** Mitsubishi Foundation
** [[Mitsubishi Yowa]]

==Major shareholders==
As of 31 March 2013:<ref name="FY2013" />

{| class="wikitable"
|-
| [[Investment trust]]s managed by the [[Japan Trustee Services Bank]]
| 7.47%
|-
| Investment trusts managed by [[The Master Trust Bank of Japan]]
| 4.44%
|-
| [[Nippon Life]]
| 2.01%
|-
| [[American Depositary Receipt|ADR]] Holders (held by [[the Bank of New York Mellon]])
| 1.94%
|-
| [[State Street Bank and Trust Company|State Street]]
| 1.53%
|-
| State Street (China clients)
| 1.27%
|-
| [[Meiji Yasuda Life]]
| 1.23%
|-
| [[Chase Bank|JPMorgan Chase Bank]], N.A. London Secs Lending Omnibus Account
| 1.14%
|-
| [[Toyota]]
| 1.05%
|}

==Leadership==

===Chair===
* Ryosuke Tamakoshi (2005–2010)<ref name=":0">{{Cite web |date=3 October 2005 |title=Establishment of Mitsubishi UFJ Financial Group |url=https://www.mufg.jp/dam/pressrelease/2005/pdf/pressrelease-20051003-001_en.pdf}}</ref>
* Takamune Okihara (2010–2014)<ref name=":1">{{Cite web |date=25 February 2010 |title=Changes of Directors |url=https://www.mufg.jp/dam/pressrelease/2010/pdf/pressrelease-20100225-001_en.pdf}}</ref>
* Kiyoshi Sono (2014–2019)
* Nobuyuki Hirano (2019–2021)
* Kanetsugu Mike (since April 2021)

===Chief executive===
* Nobuo Kuroyanagi (2005–2010)<ref name=":0" />
* Katsunori Nagayasu (2010–2013)<ref name=":1" />
* Nobuyuki Hirano (2013–2019)<ref>{{Cite web |date=28 February 2013 |title=MUFG names Hirano, soft-spoken but tough negotiator, as president |url=https://www.reuters.com/article/mufg-president/mufg-names-hirano-soft-spoken-but-tough-negotiator-as-president-idUKL4N0BR4FE20130228 |website=Reuters}}</ref>
* Kanetsugu Mike (2019–2021)
* [[Hironori Kamezawa]] (Since April 2021)

==See also==
{{Portal bar|Tokyo|Companies|Banks}}
* [[Bank of Tokyo-Mitsubishi UFJ Money Museum]]
* [[Loans in Japan]]
* [[List of banks in Japan]]
* [[List of systemically important banks]]

==References==
<references />

==External links==
* [http://www.mufg.jp/ Mitsubishi UFJ Financial Group website]—{{in lang|ja}}
* [http://www.mufg.jp/english/ Mitsubishi UFJ Financial Group website]—{{in lang|en}}

{{Mitsubishi Group}}
{{TOPIX 100}}
{{Nikkei 225}}
{{Custodian Bank}}
{{Authority control}}

{{DEFAULTSORT:Mitsubishi Ufj Financial Group}}
[[Category:Mitsubishi UFJ Financial Group| ]]
[[Category:Mitsubishi companies]]
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[[Category:Chiyoda, Tokyo]]
[[Category:Japanese companies established in 2005]]
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