HOME > Sustainability > Our Stakeholders > Relations with Business Partners

Relations with Business Partners

MUFG works with a wide range of business partners, including institutions that provide financial products and services, and business alliance partners. We strive for fairness in all interactions with these business partners, and work to create value through collaboration.

Fairness in Business

MUFG has included three items in its Principles of Ethics and Conduct to create and sustain healthy relationships with business partners-"acting with honesty and integrity," "adherence to laws and regulations" and "combating criminal activity."
We maintain fairness in business by carefully observing the law under all circumstances, and by building fair and sound partnerships, while ensuring that we do not support anti-social forces.

Approach to Purchasing Activity

MUFG purchases paper and other materials in accordance with the principles discussed below.

  • Fair and Honest Selection and Treatment of Suppliers.
    We determine suppliers fairly and honestly based on economic common sense. We do not give special treatment to specific suppliers without any appropriate reasons, nor do we treat any suppliers unfairly.
  • Compliance with Laws and Social Norms
    When purchasing goods, we comply with all related laws, regulations and rules, and act based on high ethical standards.
  • Secure Management of Confidential Information
    We securely manage all confidential information about suppliers that we obtain through purchasing activities.
  • Environmental Considerations
    We consider environmental implications, such as mitigation of global warming and biodiversity protection, when making purchasing decisions. In principle, we only purchase office paper which is produced using appropriate forest management practices and is otherwise manufactured in an eco-friendly manner. We respect companies that have obtained environmental certifications and otherwise try to protect the environment, and work to deepen our partnerships with such companies.
  • Requesting Cooperation from Suppliers
    We ask that our suppliers maintain fair and sound business practices. This includes respect for basic human rights, compliance with laws and regulations, environmental considerations, and elimination of business with anti-social, corrupt, or criminal elements.
  • Maintaining Partnerships with Suppliers
    We respect all companies that we do business with as partners, and we strive to maintain relationships of trust and cooperation by treating them with honesty and as equals. We do not use a dominant bargaining position to demand or receive unfair benefits.

Creating New Societal Value through Collaboration

Collaboration with business partners has the significance of allowing us to leverage the merits of each company's core business in creating new societal value. Under the basic premise of offering products and services that are beneficial to society and, by promoting the healthy expansion of financial markets and contributing to the development of social infrastructure, we strive to build relationships with business partners and create new value.

Examples of Major Business Partnerships (Since April 2014)(As of June 30,2017)

Date Business Partner MUFG Details
April
2017
SRI International Bank of Tokyo-Mitsubishi UFJ Concluded a memorandum of understanding for collaboration on business creation in the Fintech sector, etc.
March
2016
The Australian Trade and Investment Commission Bank of Tokyo-Mitsubishi UFJ Concluded a business cooperation agreement regarding the promotion of investment in Australia.
February
2017
Aomori Bank Bank of Tokyo-Mitsubishi UFJ Concluded a Comprehensive Partnership Agreement on Regional Revitalization.
February
2017
The Senshu Ikeda Bank Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas.
Date Business Partner MUFG Details
December
2016
Joyo Bank, VietinBank Bank of Tokyo-Mitsubishi UFJ Concluded a business alliance agreement.
December
2016
The Yamanashi Chuo Bank, VietinBank Bank of Tokyo-Mitsubishi UFJ Concluded a business alliance agreement.
Novenber
2016
The 77 Bank Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas.
September
2016
The Bank of Kyoto Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas.
September
2016
Viewcard Mitsubishi UFJ
NICOS
Alliance regarding ATM Connectivity Operations for Cards Issued Overseas.
September
2016
Hachijuni Bank, Tokio Marine & Nichido Fire Insurance,
Mitsubishi Estate,
Meiji Yasuda Life Insurance
Bank of Tokyo-Mitsubishi UFJ,
Mitsubishi UFJ Trust and Banking
Concluded a Partnership Agreement on Regional Revitalization.
September
2016
Nanto Bank, Tokio Marine & Nichido Fire Insurance Bank of Tokyo-Mitsubishi UFJ Concluded a Functional Collaboration and Partnership Agreement on Regional Revitalization.
September
2016
Moroccan Investment Development Agency Bank of Tokyo-Mitsubishi UFJ Signed a Memorandum on Operating Alliance on Promoting Foreign Investments to Morocco.
September
2016
Saudi Arabian Oil Company Bank of Tokyo-Mitsubishi UFJ Concluded Memorandum on Operating Alliance.
September
2016
The Akita Bank Bank of Tokyo-Mitsubishi UFJ Concluded a Partnership Agreement on Regional Revitalization.
August
2016
JETRO Bangkok Bank of Tokyo-Mitsubishi UFJ,
Bank of Ayudhya
Concluded an Agreement on Coordination and Cooperation.
August
2016
Kenya Investment Authority Bank of Tokyo-Mitsubishi UFJ Signed a Memorandum on Operating Alliance on Promoting Foreign Investments to Kenya.
August
2016
Oita Bank Bank of Tokyo-Mitsubishi UFJ Concluded a Partnership Agreement on Regional Revitalization.
August
2016
The Bank of Okinawa Bank of Tokyo-Mitsubishi UFJ Concluded a Partnership Agreement on Regional Revitalization.
August
2016
The Yamanashi Chuo Bank Bank of Tokyo-Mitsubishi UFJ Concluded a Partnership Agreement on Regional Revitalization.
July
2016
North Pacific Bank Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas
June
2016
The Yamanashi Chuo Bank
YAMANASHI CHUGIN DC CARD
Mitsubishi UFJ
NICOS
Entrusted with the issuance of cash-card-type credit cards (JiMOCA)
June
2016
Aichi Prefecture Bank of Tokyo-Mitsubishi UFJ Concluded a Comprehensive Partnership Agreement on Regional Revitalization
June
2016
City of Yokohama Bank of Tokyo-Mitsubishi UFJ Concluded a Comprehensive Partnership Agreement on Regional Revitalization
June
2016
Yokohama Industrial Development Corporation Bank of Tokyo-Mitsubishi UFJ,
Bank of Ayudhya
Concluded an Agreement on Coordination and Cooperation in the Overseas Business Support Business
June
2016
City of Kyoto Bank of Tokyo-Mitsubishi UFJ Concluded a Comprehensive Partnership Agreement on Regional Revitalization
May
2016
Hitachi, Hitachi Capital Mitsubishi UFJ Financial Group,
Bank of Tokyo-Mitsubishi UFJ,
Mitsubishi UFJ
Lease & Finance
Concluded an Agreement on a Capital and Business Tie-up to Strengthen Financial Functions
April
2016
Chiba Bank Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas
April
2016
Hachijuni Bank Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas
April
2016
Bank of the Ryukus Mitsubishi UFJ
NICOS
Accepted Assignment of ATM Connectivity Operations for Cards Issued Overseas
March
2016
Osaka Prefecture Bank of Tokyo-Mitsubishi UFJ,
Bank of Ayudhya
Concluded an Agreement Regarding Coordination and Cooperation between Ventures to Support Overseas Business
March
2016
Shiga Bank Mitsubishi UFJ
NICOS
Accepted Assignment of Visa Debit Card Issuance Operations
March
2016
Joyo Bank Mitsubishi UFJ
NICOS
Accepted Assignment of Visa Debit Card Issuance Operations
February
2016
TOTTORI BANK Bank of Tokyo-Mitsubishi UFJ Concluded a Comprehensive Partnership Agreement on Regional Revitalization
January
2016
Security Bank Corporation Bank of Tokyo-Mitsubishi UFJ Concluded the Subscription Agreement and has established capital and business alliances (Investment and Partnership)
Date Business Partner MUFG Details
October
2015
The State of Queensland in the Commonwealth of Australia Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance on promoting foreign investments to Australia.
September
2015
Tamil Nadu Industrial Guidance & Export Promotion Bureau of the Republic of India Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance on promoting foreign investments to Tamil Nadu.
September
2015
SHUSAKU·YAMAMOTO Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance on intellectual property rights.
August
2015
Secretaria de Desenvolvimento Econômico, Ciência e Tecnologia do Rio Grande do Sul Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
July
2015
Directorate of Investment and Company Administration of Myanmar Bank of Tokyo-Mitsubishi UFJ Concluded memorandum of understanding on the purpose of developing collaborative efforts in promoting investments from Japan to Myanmar.
July
2015
Bank of Taiwan Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance with the purpose of mutual support in providing a wide range of financial services in Taiwan, Japan and around the globe.
July
2015
Iskandar Regional Development Authority Bank of Tokyo-Mitsubishi UFJ
(Malaysia) Berhad
Concluded memorandum on operating alliance.
May
2015
Japan Finance Corporation Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance that supports the growth and development of SMEs and venture companies aiming for key industrialization for the next generation.
May
2015
STOXX Ltd. Mitsubishi UFJ Trust and Banking Concluded memorandum of understanding on the collaborative development of smart-beta indices
March
2015
Instituto de Desenvolvimento Integrado de MinasGerais and Agencia de Desenvolvimento Economico de Pernambuco Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
February
2015
Magne-Max Capital Management Mitsubishi UFJ Trust and Banking Collaborative development of Big Data investment model with wholly owned subsidiary MTEC
February
2015
Bank of Ceylon Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
Date Business Partner MUFG Details
December
2014
Board of Investment Bangladesh Bank of Tokyo-Mitsubishi UFJ Signed memorandum on operating alliance.
December
2014
Chilean Foreign Investment Committee Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
October
2014
KDDI Financial Service Mitsubishi UFJ
NICOS
Charged with issue of au WALLET credit cards
October
2014
Banco Nacional de Desenvolvimento Economico e Social Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
August
2014
Board of Investment of Sri Lanka Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
August
2014
FirstRand Limited Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
July
2014
Banco Nacional de Comercio Exterior, S.N.C. Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on long-term Mexican peso funding.
June
2014
Co-operative Bank Ltd. and Myanmar Microfinance Bank Limited Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
May
2014
Jebel Ali Free Zone FZE Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.
April
2014
Islamic Corporation for the Development of the Private Sector Bank of Tokyo-Mitsubishi UFJ Concluded memorandum on operating alliance.

(As of September 2017)

top