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Committees Committees

Committees

Committee Members

◎:Chairperson ○:Member
    Nominating and Governance Committee Compensation Committee Audit Committee Risk Committee U.S. Risk Committee
Mariko Fujii Outside director    
Kaoru Kato Outside director        
Haruka Matsuyama Outside director      
Toby S. Myerson Outside director
Outside director of the Americas HD
     
Hirofumi Nomoto Outside director      
Tsutomu Okuda Outside director      
Yasushi Shingai Outside director      
Tarisa Watanagase Outside director        
Akira Yamate Outside director        
Tadashi Kuroda Non-executive director        
Junichi Okamoto Non-executive director        
Kanetsugu Mike Director
President & Group CEO
     
Hironori  Kamezawa Director
Deputy President  Group COO & Group CDTO
       
Shinichi Koide  Outside expert member
Outside director of MUFG Bank
       
Kenzo Yamamoto Outside expert member        
Ann F. Jaedicke Outside director of the Americas HD        
Dean A. Yoost Outside director of the Americas HD        
Suneel Kamlani Outside director of the Americas HD        
Roberta Bienfait Outside director of the Americas HD        
Masato Miyachi Senior Managing Corporate Executive
Chairman of the Americas HD
       
Stephen Cummings President & CEO of the Americas HD        
Masahiro Kuwahara Managing Corporate Executive, Group CRO        

Compensation System

MUFG has adopted a performance-based stock compensation plan for all directors, corporate executives and executive officers (hereinafter referred to collectively as “recipients”) who serve at the holding company, MUFG Bank and Mitsubishi UFJ Trust and Banking as well as the Securities. The introduction of this plan is intended to provide greater incentives for those individuals to maintain an awareness of the Group's overall corporate performance, stock price and capital efficiency over the medium- to long-term when pursuing their duties.

 

In May 2018, MUFG carried out a partial revision of this plan, incorporating ROE and the expense ratio into evaluation indices for determining stock compensation and bonuses for directors while increasing the proportion of performance-based compensation. This move is expected to better harmonize our compensation system with shareholders' interests.

Outline of Compensation System

Underlying Concepts and Objectives

MUFG's stance on the determination of compensation is focused on ensuring the steady implementation of its management policies and securing sustainable corporate expansion and medium- to long-term growth in corporate value.
Accordingly, MUFG aims to better motivate recipients to contribute to growth in business performance not only in the short term but also over the medium to long term while discouraging an excessively risk-taking approach. MUFG also determines compensation by giving due consideration to its operating results, financial soundness and domestic and overseas regulatory requirements associated with compensation paid for these recipients.

Content of Compensation

  • Compensation consists of three components,namely, basic compensation (fixed); stock compensation (linked to stock prices and medium- to long-term corporate performance); and bonuses (linked to short-term corporate performance). The proportion of each component is appropriately determined by giving due consideration to the concepts and objectives described above as well as duties carried out by each recipient.
  • Stock compensation plan utilizes a trust scheme and provides recipients with MUFG shares.
  • As for compensation for the MUFG president's service for fiscal 2018 and later, the proportion of all three components is set equally. (provided that stock compensation and bonuses have been paid in standard amounts.)