XML 83 R30.htm IDEA: XBRL DOCUMENT v3.24.2
Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the changes in Accumulated OCI, net of tax and net of noncontrolling interests, for the fiscal years ended March 31, 2022, 2023 and 2024:
 2022
2023
(Restated)
2024
 
(in millions)
Accumulated other comprehensive income (loss), net of taxes:     
Net unrealized gains (losses) on investment securities:     
Balance at beginning of fiscal year¥(383,004)¥(674,230)¥(883,466)
Net change during the fiscal year(291,226)(209,236)55,707 
Balance at end of fiscal year¥(674,230)¥(883,466)¥(827,759)
Net debt valuation adjustments:
Balance at beginning of fiscal year¥(37,862)¥(14,538)¥3,268 
Net change during the fiscal year23,324 17,806 (44,650)
Balance at end of fiscal year¥(14,538)¥3,268 ¥(41,382)
Net unrealized gains (losses) on derivatives qualifying for cash flow hedges:
Balance at beginning of fiscal year¥19,029 ¥5,969 ¥594 
Net change during the fiscal year(13,060)(5,375)(388)
Balance at end of fiscal year¥5,969 ¥594 ¥206 
Defined benefit plans:
Balance at beginning of fiscal year¥(20,382)¥29,124 ¥8,304 
Net change during the fiscal year49,506 (20,820)381,014 
Balance at end of fiscal year¥29,124 ¥8,304 ¥389,318 
Foreign currency translation adjustments:
Balance at beginning of fiscal year¥132,738 ¥880,708 ¥1,715,492 
Net change during the fiscal year747,970 834,784 985,388 
Balance at end of fiscal year¥880,708 ¥1,715,492 ¥2,700,880 
Balance at end of fiscal year¥227,033 ¥844,192 ¥2,221,263 
The following table presents the before tax and net of tax changes in each component of Accumulated OCI for the fiscal years ended March 31, 2022, 2023 and 2024:
 2022
2023
(Restated)
2024
 
Before tax
 
Tax
 (expense)
 or benefit
 
Net of tax
 
Before tax
 
Tax
 (expense)
 or benefit
 
Net of tax
 
Before tax
 
Tax
 (expense)
 or benefit
 
Net of tax
 
(in millions)
Net unrealized gains (losses) on investment securities:                 
Net unrealized losses on investment securities¥(347,106)¥76,360 ¥(270,746)¥(600,339)¥159,480 ¥(440,859)¥(76,032)¥12,655 ¥(63,377)
Reclassification adjustment for losses (gains) included in net income (loss) before attribution of noncontrolling interests
(2,015)11,268 9,253 337,313 (99,409)237,904 150,646 (45,320)105,326 
Net change(349,121)87,628 (261,493)(263,026)60,071 (202,955)74,614 (32,665)41,949 
Net unrealized gains (losses) on investment securities attributable to noncontrolling interests29,733 6,281 (13,758)
Net unrealized gains (losses) on investment securities attributable to Mitsubishi UFJ Financial Group
(291,226)(209,236)55,707 
Net debt valuation adjustments:
Net debt valuation adjustments32,735 (10,025)22,710 25,220 (7,722)17,498 (65,133)19,944 (45,189)
Reclassification adjustment for losses included in net income (loss) before attribution of noncontrolling interests885 (271)614 444 (136)308 776 (237)539 
Net change33,620 (10,296)23,324 25,664 (7,858)17,806 (64,357)19,707 (44,650)
Net debt valuation adjustments attributable to Mitsubishi UFJ Financial Group23,324 17,806 (44,650)
Net unrealized gains (losses) on derivatives qualifying for cash flow hedges:
Net unrealized gains (losses) on derivatives qualifying for cash flow hedges(5,542)1,825 (3,717)(38,278)10,600 (27,678)757 (181)576 
Reclassification adjustment for losses (gains) included in net income (loss) before attribution of noncontrolling interests(12,200)3,143 (9,057)31,019 (8,458)22,561 (1,346)265 (1,081)
Net change(17,742)4,968 (12,774)(7,259)2,142 (5,117)(589)84 (505)
 2022
2023
(Restated)
2024
 
Before tax
 
Tax
 (expense)
 or benefit
 
Net of tax
 
Before tax
 
Tax
 (expense)
 or benefit
 
Net of tax
Before tax
 
Tax
 (expense)
 or benefit
 
Net of tax
 
(in millions)
Net unrealized gains (losses) on derivatives qualifying for cash flow hedges attributable to noncontrolling interests286 258 (117)
Net unrealized losses on derivatives qualifying for cash flow hedges attributable to Mitsubishi UFJ Financial Group
(13,060)(5,375)(388)
Defined benefit plans:
Defined benefit plans62,946 (17,350)45,596 (129,100)37,654 (91,446)566,038 (174,325)391,713 
Reclassification adjustment for losses (gains) included in net income (loss) before attribution of noncontrolling interests
7,042 (1,689)5,353 98,428 (27,313)71,115 (13,054)4,150 (8,904)
Net change69,988 (19,039)50,949 (30,672)10,341 (20,331)552,984 (170,175)382,809 
Defined benefit plans attributable to noncontrolling interests1,443 489 1,795 
Defined benefit plans attributable to Mitsubishi UFJ Financial Group49,506 (20,820)381,014 
Foreign currency translation adjustments:
Foreign currency translation adjustments853,517 (98,059)755,458 958,705 (94,056)864,649 1,268,859 (160,966)1,107,893 
Reclassification adjustment for gains included in net income (loss) before attribution of noncontrolling interests(4,296)1,317 (2,979)(24,424)7,480 (16,944)(16,132)4,939 (11,193)
Net change849,221 (96,742)752,479 934,281 (86,576)847,705 1,252,727 (156,027)1,096,700 
Foreign currency translation adjustments attributable to noncontrolling interests4,509 12,921 111,312 
Foreign currency translation adjustments attributable to Mitsubishi UFJ Financial Group747,970 834,784 985,388 
Other comprehensive income attributable to Mitsubishi UFJ Financial Group¥516,514 ¥617,159 ¥1,377,071 
The following table presents the effect of the reclassification of significant items out of Accumulated OCI on the respective line items of the accompanying consolidated statements of operations for the fiscal years ended March 31, 2022, 2023 and 2024:
 202220232024  
Details of Accumulated OCI components
Amount reclassified out of
 Accumulated OCI
 
Line items in the consolidated
 statements of operations
 
(in millions)
  
Net unrealized losses (gains) on investment securities       
Net losses (gains) on sales and redemptions of Available-for-sale debt securities¥(48,637)¥(2,682)¥149,292  Investment securities gains (losses)—net
Impairment losses on investment securities47,069 359,629 2  Investment securities gains (losses)—net
Gain on sale of MUFG Union Bank (Note 2)— (28,251)— Gain on sale of MUFG Union Bank
Other(447)8,617 1,352   
 (2,015)337,313 150,646  Total before tax
 11,268 (99,409)(45,320) Income tax expense (benefit)
 ¥9,253 ¥237,904 ¥105,326  Net of tax
Net debt valuation adjustments¥885 ¥444 ¥776  Equity in earnings of equity method investees—net or Other non-interest income
 885 444 776  Total before tax
 (271)(136)(237) Income tax expense (benefit)
 ¥614 ¥308 ¥539  Net of tax
Net unrealized losses (gains) on derivatives qualifying for cash flow hedges Interest rate contracts 
Interest rate contracts¥(12,017)¥(4,447)¥— Interest income on Loans,
 including fees
Foreign exchange contracts(183)(1,419)(1,346) 
Interest expense on Long-term debt or Foreign exchange gains (losses)—net
Gain on sale of MUFG Union Bank (Note 2)— 36,885 — Gain on sale of MUFG Union Bank
 (12,200)31,019 (1,346) Total before tax
 3,143 (8,458)265  Income tax expense (benefit)
 ¥(9,057)¥22,561 ¥(1,081) Net of tax
Defined benefit plans  
Net actuarial loss(1)
¥17,279 ¥9,135 ¥1,962  Other non-interest expenses
Prior service cost(1)
(4,467)(4,952)(3,352) Other non-interest expenses
Loss (gain) on settlements and curtailment, and other(1)
(5,770)79,850 (11,664) Other non-interest income or expenses
Gain on sale of MUFG Union Bank (Note 2)— 14,395 — Gain on sale of MUFG Union Bank
 7,042 98,428 (13,054) Total before tax
 (1,689)(27,313)4,150  Income tax expense (benefit)
 ¥5,353 ¥71,115 ¥(8,904) Net of tax
Foreign currency translation adjustments¥(4,303)¥(24,424)¥(16,132) Other non-interest income
 7 — —  Other non-interest expenses
 (4,296)(24,424)(16,132) Total before tax
 1,317 7,480 4,939  Income tax expense (benefit)
 ¥(2,979)¥(16,944)¥(11,193) Net of tax
Total reclassifications for the period¥(10,584)¥442,780 ¥120,890  Total before tax
 13,768 (127,836)(36,203) Income tax expense (benefit)
 ¥3,184 ¥314,944 ¥84,687  Net of tax
Note:
(1)These Accumulated OCI components are components of net periodic benefit cost. See Note 13 for more information.