Supporting Reconstruction

MUFG is supporting reconstruction in areas affected by the Great East Japan Earthquake from a medium- to long-term perspective through our core financial business and social contribution activities. As time passes, the needs of the disaster-stricken areas continue to change. While making efforts to meet these changing needs, all companies in the Group are working together to provide assistance programs in the disaster-affected areas. It is our hope that these programs will allow those affected by this disaster to return to their normal lives as quickly as possible.

Efforts through Our Core Financial Business

Providing Financial Assistance through Public-Private PartnershipsBTMU

Bank of Tokyo-Mitsubishi UFJ (BTMU) has established the Reconstruction Public-Private Partnership Office at its local branch office in Sendai under the aim of promoting investment in the regions targeted for reconstruction through partnerships with national and local government agencies. BTMU has also been supporting reconstruction through its business by offering loans that make use of the Reconstruction Agency's assistance programs.

Establishing Financial Support Scheme that Leverages Electronically Recorded Monetary Claims

For reconstruction efforts in the disaster-stricken areas, the construction of public housing for people displaced by the disaster continues to be an urgent matter. However, when constructing this public housing, payments to contractors are made in a lump sum once housing construction is completed. This has led to financial issues for contractors as it can take a considerable amount of time until payments are made. As part of its efforts to support reconstruction, Bank of Tokyo-Mitsubishi UFJ (BTMU) has established a financial support scheme that leverages electronically recorded monetary claims for the Public Housing for Reconstruction Promotion Committee in Onagawa Town, Miyagi Prefecture. This scheme addresses the financial issues contractors are facing by allowing them to receive substantial piecework payments before all the housing is transferred to the new residents. As a result, this scheme has helped reduce the financial burden of contractors.

Building site for public housing for reconstruction in Onagawa Town, Miyagi Prefecture

Settlement Scheme for Public Housing for Reconstruction in Onagawa Town

Settlement Scheme for Public Housing for Reconstruction in Onagawa Town

Providing Financial Support through the Interest Subsidy Program

For funding of core projects as part of reconstruction plans in designated Special Zones for Reconstruction in the disaster areas (in 227 municipalities), the national government subsidizes up to 0.7% of the interest for five years. By utilizing this program, businesses carrying out core projects within the area's reconstruction plan are able to receive low-interest rate loans and, as a result, this program has allowed businesses to smoothly undertake these projects.

Up to fiscal 2016, Bank of Tokyo-Mitsubishi UFJ (BTMU) has offered a total amount of ¥29.1 billion as loans utilizing this program (30 projects; as of the end of March 2017). In this way, BTMU is supporting the reconstruction of disaster-stricken areas by engaging in initiatives through its core financial business.

Focus Financing new construction of wide-area correspondence high school facilities for Sanko Gakuen

Sanko Gakuen, an educational corporation operating vocational schools, universities, and junior colleges in Japan, is conducting a development project for the construction of new facilities for a wide-area correspondence high school on the former site of Yoneyama High School in Tome, Miyagi Prefecture. This project has been identified as a core project of the reconstruction plan. Consequently, low-interest loans from BTMU have been made possible through the Reconstruction Agency's system for interest subsidies for specific reconstruction zones. By making use of said system in August 2016, ¥300 million in financing was secured for new construction of school facilities. Ten new hires (three from the neighboring coast, which sustained heavy damage from the tsunami) will be made upon opening of the facilities.

This high school correspondence school takes advantage of Tome's distinction as the premier farming region in Miyagi Prefecture with agriculture and sixth-order industrialization curricula as well as special and extracurricular lessons. Tome, in cooperation with local agricultural corporations, will have the opportunity to promote regional revitalization by offering the chance for practical applications of agricultural training, and so contribute to the recovery of this earthquake-stricken area.

Efforts through Social Contribution

Providing Support through the MUFG NFUAJ East Japan Earthquake Recovery and Scholarship Fund

MUFG and Bank of Tokyo-Mitsubishi UFJ (BTMU), in cooperation with, the National Federation of UNESCO Associations in Japan (NFUAJ), established the MUFG NFUAJ East Japan Earthquake Recovery and Scholarship Fund in April 2011. For up to 15 years, the fund will be working with local schools in operating a scholarship program and holding various support projects for orphaned students (children who lost one or both of their parents as a result of the earthquake or tsunami) from elementary through high school. The fund is expected to grow to around ¥3 billion.

Scholarship Program

At the start of the program, each student is awarded ¥100,000 and subsequently awarded ¥20,000 every month until high school graduation. Since the program was introduced, 1,500 students have so far received scholarships. The program offered its final round of new scholarships to children who entered elementary school in FY 2014, and these scholarships will continue until those students have graduated from high school in 2026.

Participation in the TOMODACHI Initiative

MUFG participates in the TOMODACHI Initiative, which is running a U.S.-Japan exchange program led by the U.S. Embassy of Tokyo and the U.S.-Japan Council, a U.S. non-profit organization. We support the TOMODACHI MUFG International Exchange Program, which is an exchange program between students and teachers from disaster-stricken areas and their counterparts in the U.S. In 2012, 2014, and 2016, students and teachers from Japan visited the U.S., and in 2013 and 2015, students and teachers from the U.S. visited Japan. Through this program, we work to support the healthy growth of children in both Japan and the United States.


Recruitment for the Sixth TOMODACHI MUFG International Exchange Program

Application has finished for this program. Report of the program will be posted to this page after its implementation.

Outline of the Application
  Eligibility Applicants must be enrolled in a high school in the counties of Los Angeles, Orange, San Diego, San Bernardino or Riverside and must be between the ages of 15 and 18 at the time of departure (A U.S. Citizen or American Citizen).
Application procedure Please visit for details on application procedures.
Number of Participants 20 high school students
Deadline for application Monday, March 27, 2017, 11:59 p.m. (PDT)
Host parties
  Host TOMODACHI Initiative (the U.S.-Japan Council-Japan)
Sponsor Mitsubishi UFJ Financial Group, Inc. (MUFG)
Implementer Japanese Association of The Experiment in International Living (EIL)
Recruiter Japan America Society of Southern California (JASSC)
Outline of the Program
  Purpose To contribute to reconstruction efforts of the areas devastated by the Great East Japan Earthquake and Tsunami, and to foster the next generation of leaders by providing opportunities to promote deeper understanding between Japanese and American youth and develop their leadership skills.
Program period June 24, 2017, to July 9, 2017
Contents of tentative program
  • • Visit high schools in the disaster-affected areas, experience a homestay and other cultural activities to facilitate personal relationships with members of the Japanese community
  • • Learn about disaster preparedness and crisis management
  • • Visit Japan's leading high-tech institutions
  • • Participate in volunteer activities
Japan America Society of Southern California (JASSC)
1411 West 190th Street, Suite 380, Gardena, CA 90248-4361
TEL:(310) 965-9050 ext. 106
Japanese Association of The Experiment in International Living (EIL)
2-5-12,Koishikawa, Bunkyo-Ku, Tokyo JAPAN 112-0002
TEL:81 (3) 5805-3451
【Photos of the Fourth TOMODACHI MUFG International Exchange Program】
20 high school students from California visited Japan for two weeks from June 29, 2015

Exchange meeting with host families

Exchange meeting with host families

Volunteer activity at temporary housing located in Higashi-Matsushima City, Miyagi Prefecture

Volunteer activity at temporary housing located
in Higashi-Matsushima City, Miyagi Prefecture

The Fifth TOMODACHI MUFG International Exchange Program

In 2016, 20 junior high school and high school students spent two weeks, from July 23 to August 6, in Southern California. During their stay, the students studied practical English and learned about the history of Japanese Americans as well as the relationship between Japan and the U.S. In addition, the students participated in a variety of activities, including volunteer activities, factory tours, and a hands-on visit to a local farm. Participating students made such comments as, "it was an extremely valuable learning experience for me to visit the Japanese American National Museum and study the history of Japanese Americans during the Second World War. I would like to convey the facts I learned there to people back home." and "I learned that many Japanese companies are developing their business in the U.S., which really expanded my dreams for the future." A local employee of MUFG Union Bank cooperated in the program as a host family for students doing a homestay in the Los Angeles region. Students participating in the homestay stated that, "while it was difficult to be in an environment where I have to use English, I was able to experience life in the U.S. first-hand, which allowed me to understand the importance of being able to communicate."

At the MUFG Union Banks' L.A. branch

At the MUFG Union Banks' L.A. branch

At the Japanese American National Museum

At the Japanese American National Museum

Meeting with host families

Meeting with host families

At the farewell party

At the farewell party

To conduct this program, six MUFG Group companies make donations to the TOMODACHI Initiative.

The Bank of
Tokyo-Mitsubishi UFJ, Ltd.
Mitsubishi UFJ
Trust and Banking Corporation
Mitsubishi UFJ
Securities Holdings Co., Ltd.
Mitsubishi UFJ NICOS Co., Ltd. Mitsubishi UFJ
Lease & Finance Company Limited
MUFG Union Bank,N.A.

Supporting Concerts Held in Disaster-Affected AreasMUN

Mitsubishi UFJ NICOS (MUN) sponsors concerts by the Japan Philharmonic Orchestra held in disaster-affected areas to provide moments of peace to those who have suffered disaster. As of September 2016, concerts have been held at 87 different venues, including community centers, meeting rooms of temporary housing facilities, and schools. MUN also engages in other ingenious activities to help people experience the joy of music, such as through instrument and conductor experiences and by directing musical performances.

Concert direction experience in the city of Minamisoma, Fukushima Prefecture

Concert direction experience in the city of Minamisoma, Fukushima Prefecture

Concert in an elementary school gymnasium in the town of Yamada, Iwate Prefecture

Concert in an elementary school gymnasium in the town of Yamada, Iwate Prefecture

Supporting Reconstruction through MUFG Employee Volunteer Activities

Under the sponsorship of Mitsubishi UFJ NICOS (MUN), MUFG employees visit fishermen at aquaculture sites in the disaster-affected areas to conduct volunteer activities. These activities include hanging scallops on ropes, mating seaweed, repairing fishing nets, and cleaning buoys. In addition, on request from local municipalities, MUFG employees are also volunteering at elementary schools in such ways as painting school facilities and building sandboxes. Through these activities, MUFG employees are playing a part in providing children and their families with psychological care.

MUFG employees hanging scallops from ropes at an aquaculture site in Sanriku Town, Miyagi Prefecture

MUFG employees painting the inside of an elementary school with students' parents in Miyako City, Iwate Prefecture

(As of April 2017)