Mitsubishi UFJ Financial Group's (MUFG) Management on Fiscal Year 2021 Results - Earnings Call Transcript

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Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Fiscal Year 2021 Earnings Conference Call May 18, 2021 9:00 PM ET

Company Participants

Masahisa Takahashi – Investor Relations
Tetsuya Yonehana – Group Chief Financial Officer

Conference Call Participants

Ken Takamiya – Nomura Securities
Maoki Matsuno – Mizuho Securities
Akira Takai – Daiwa Securities
Nishihara Rie – JPMorgan Securities
Masahiko Sato – SMBC Nikko Securities
Koichi Niwa – Citigroup Securities
Toyoki Sameshima – SBI Securities

Masahisa Takahashi

Thank you very much for waiting everyone. We would now like to begin the net conference for Mitsubishi UFJ Financial Group on the Fiscal Year 2021 Financial Highlights. My name is Takahashi of the Investor Relations office of the financial planning division. I would like to serve as a moderator today. Today we will be hearing from Tetsuya Yonehana, our Group CFO, for 15 minutes; and after that it will be followed by Q&A. We are expecting to have this meeting for around 50 minutes. Before starting the explanation, I do have some housekeeping announcements to make. With respect to the information to be shared, it is based on the current forecast in speaking of the future outlook. Therefore it accompanies risk and uncertainty. Please note that actual results may differ from the forecast. We would now like to begin.

Tetsuya Yonehana

This is Yonehana speaking. Thank you very much for joining us today at this late hour for the MUFG net conference. Without further ado, I would like you to refer to the materials entitled financial highlights for fiscal year ended March 31, 2021. First, I'd like to explain our financial results for fiscal year 2020, and then talk briefly about our new mid-term business plan that will be launched this fiscal year.

Please proceed to Page 9. I would like to start with an overview of

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