Fiscal 2015 Overview
In fiscal 2015, MUFG celebrated the 10th anniversary of its inauguration. After the launch of a new medium-term business plan in April 2015, we established the MUFG Corporate Governance Policies in May and shifted to the “company with three committees” structure in June.
Meanwhile, the Bank of Japan announced a negative interest rate policy in January 2016, enforcing this policy from February onward. MUFG has thus experienced significant changes in its operating environment surrounding it.
From Establishment to March 31, 2015
Fiscal 2015 (From April)
April Launched a new medium-term business plan
Initiated the medium-term business plan under the slogan “Evolution and reformation to achieve sustainable growth for MUFG”
Became the first foreign bank to open a branch in Myanmar since the World War II
May・Established the MUFG Corporate Governance Policies
・Repurchased own shares totaling approximately ¥100 billion
Entered the index business in collaboration with STOXX Limited, Switzerland
June Moved to the “company with three committees” structure
Shifted from the “company with a board of corporate auditors” structure to the “company with three committees” structure, with the aim of establishing a more transparent and effective governance structure; increased the number of outside directors from five to seven
July Mitsubishi UFJ Kokusai Asset Management Co., Ltd.
was inaugurated through the merger of two asset management
companies
The balance of assets managed under “Next-Generation Support Trusts” totaled more than ¥1 trillion
November Repurchased own shares totaling approximately
¥100 billion
December Mitsubishi UFJ Fund Services, a wholly owned subsidiary of
MUTB, acquired Alternative Fund Services business of UBS
Launched “MUFG Regional Revitalization Fund”
Began assisting corporations that take on region-specific issues by providing smooth financing as well as an advisory service for optimizing customers’ business strategies
January Announced a capital and business alliance with
Security Bank Corporation in the Philippines
BTMU reached an agreement with Security Bank, a key commercial bank in the Philippines, to form a capital and business alliance, with BTMU acquiring a 20% equity stake in Security Bank (completed in April 2016)
February BTMU and MUTB decreased interest rates for
savings accounts
Released “Asset Succession Wrap”
March
Hosted hackathon “FINTECH CHALLENGE 2016”
Held developers’ event under the theme “creating a new, convenient and easy-to-use service through the combination of IT and finance”
Launched “MUFG FinTech Accelerator Program”
Became the first domestic bank to establish an entrepreneur program aimed at assisting venture companies that have superior technologies and innovative ideas
Fiscal 2016
April Integrated the Global Advisory Board and the Advisory Board
The new Global Advisory Board consists of nine members: three from Japan, two from Europe, two from the Americas and two from Asia
Hosted the third round of “Rise Up Festa” business support program
Solicited business proposals in various growth fields, with four and seven applicants receiving the grand prizes and excellent prizes, respectively
May Announced a capital and business alliance with Hitachi Capital Corporation
MUFG, BTMU and Mitsubishi UFJ Lease & Finance Company Limited reached an agreement with Hitachi, Ltd. and Hitachi Capital Corporation to form a capital and business alliance; MUFG announced the acquisition of a 23% equity stake in Hitachi Capital
Repurchased own shares totaling approximately ¥100 billion
