Mitsubishi UFJ Trust and Banking TLAC-eligible instruments Japan; CET1 below 5.125% triggers writedown
tb2606_04_en
MUTB T1-1 MUTB T1-2 MUTB B3AT1-1 1 Issuer Mitsubishi UFJ Trust and Banking The Master Trust Bank of Japan, etc. Mitsubishi UFJ Trust and Banking 2 Unique identifier (ISIN) ― ― ― 3 Governing law(s) of the instrument Japan Law Japan Law, etc. Japan Law 3a Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is achieved (for other TLAC-eligible instruments governed by foreign law) Regulatory treatment 4 Transitional Basel III rules by 2022/3/30 Common equity Tier1 capital Common equity Tier1 capital Additional Tier 1 capital 5 Post-transitional Basel III rules from 2022/3/31 Common equity Tier1 capital Common equity Tier1 capital Additional Tier 1 capital 6 Eligible at solo/group/group and solo Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Financial Group Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking 7 Instrument type Common stock Common stock Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group 8 Amount recognised in regulatory capital Consolidated JPY 1,953.7 billion JPY 4.1 billion JPY 50.0 billion Non-consolidated JPY 1,833.0 billion ― JPY 50.0 billion 9 Par value of instrument ― ― JPY 50.0 billion 10 Accounting classification Consolidated Shareholders’ equity Non-controlling interest in consolidated subsidiary Liability – amortised cost Non-consolidated Shareholders’ equity ― Liability – amortised cost 11 Original date of issuance ― ― 2016/3/3 12 Perpetual or dated Perpetual Perpetual Perpetual 13 Original maturity date ― ― No maturity 14 Issuer call subject to prior supervisory approval No No Yes 15 Optional call date and redemption amount ― ― 2026/7/15 at per Contingent call dates and redemption amount ― ― Tax event or Regulatory event at per 16 Subsequent call dates, if applicable ― ― Each interest payment date after the first call date Coupons / dividends 17 Fixed or floating dividend/coupon ― ― Fixed to floating 18 Coupon rate and any related index ― ― * 19 Existence of a dividend stopper No No Yes 20 Fully discretionary, partially discretionary or mandatory Fully discretionary Fully discretionary Fully discretionary 21 Existence of step-up or other incentive to redeem No No No 22 Non-cumulative or cumulative Non-cumulative Non-cumulative Non-cumulative 23 Convertible or non-convertible Non-convertible Non-convertible Non-convertible 24 If convertible, conversion trigger(s) ― ― ― 25 If convertible, fully or partially ― ― ― 26 If convertible, conversion rate ― ― ― 27 If convertible, mandatory or optional conversion ― ― ― 28 If convertible, specify instrument type convertible into ― ― ― 29 If convertible, specify issuer of instrument it converts into ― ― ― 30 Writedown feature No No Yes 31 If writedown, writedown trigger(s) ― ― Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. 32 If writedown, full or partial ― ― Full or Partial 33 If writedown, permanent or temporary ― ― Temporary or Permanent 34 If temporary write-own, description of writeup mechanism ― ― Amount agreed with JFSA and other Regulatory authorities 34a Type of subordination ― ― Contractual 35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) Perpetual subordinated Subordinated Subordinated 36 Non-compliant transitioned features No No No 37 If yes, specify non-compliant features ― ― ― 1
1 Issuer 2 Unique identifier (ISIN) 3 Governing law(s) of the instrument 3a Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is achieved (for other TLAC-eligible instruments governed by foreign law) Regulatory treatment 4 Transitional Basel III rules by 2022/3/30 5 Post-transitional Basel III rules from 2022/3/31 6 Eligible at solo/group/group and solo 7 Instrument type 8 Amount recognised in regulatory capital Consolidated Non-consolidated 9 Par value of instrument 10 Accounting classification Consolidated Non-consolidated 11 Original date of issuance 12 Perpetual or dated 13 Original maturity date 14 Issuer call subject to prior supervisory approval 15 Optional call date and redemption amount Contingent call dates and redemption amount 16 Subsequent call dates, if applicable Coupons / dividends 17 Fixed or floating dividend/coupon 18 Coupon rate and any related index 19 Existence of a dividend stopper 20 Fully discretionary, partially discretionary or mandatory 21 Existence of step-up or other incentive to redeem 22 Non-cumulative or cumulative 23 Convertible or non-convertible 24 If convertible, conversion trigger(s) 25 If convertible, fully or partially 26 If convertible, conversion rate 27 If convertible, mandatory or optional conversion 28 If convertible, specify instrument type convertible into 29 If convertible, specify issuer of instrument it converts into 30 Writedown feature 31 If writedown, writedown trigger(s) 32 If writedown, full or partial 33 If writedown, permanent or temporary 34 If temporary write-own, description of writeup mechanism 34a Type of subordination 35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) 36 Non-compliant transitioned features 37 If yes, specify non-compliant features MUTB B3AT1-3 MUTB B3AT1-5 MUTB B3AT1-7 Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking ― ― ― Japan Law Japan Law Japan Law Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group JPY 15.0 billion JPY 19.0 billion JPY 11.0 billion JPY 15.0 billion JPY 19.0 billion JPY 11.0 billion JPY 15.0 billion JPY 19.0 billion JPY 11.0 billion Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost 2016/10/24 2017/10/23 2018/12/18 Perpetual Perpetual Perpetual No maturity No maturity No maturity Yes Yes Yes 2027/7/15 at per 2028/7/15 at per 2029/1/15 at per Tax event or Regulatory event at per Tax event or Regulatory event at per Tax event or Regulatory event at per Each interest payment date after the first call date Each interest payment date after the first call date Each interest payment date after the first call date Fixed to floating Fixed to floating Fixed to floating * * * Yes Yes Yes Fully discretionary Fully discretionary Fully discretionary No No No Non-cumulative Non-cumulative Non-cumulative Non-convertible Non-convertible Non-convertible ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― Yes Yes Yes Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. Full or Partial Full or Partial Full or Partial Temporary or Permanent Temporary or Permanent Temporary or Permanent Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Contractual Contractual Contractual Subordinated Subordinated Subordinated No No No ― ― ― 2
1 Issuer 2 Unique identifier (ISIN) 3 Governing law(s) of the instrument 3a Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is achieved (for other TLAC-eligible instruments governed by foreign law) Regulatory treatment 4 Transitional Basel III rules by 2022/3/30 5 Post-transitional Basel III rules from 2022/3/31 6 Eligible at solo/group/group and solo 7 Instrument type 8 Amount recognised in regulatory capital Consolidated Non-consolidated 9 Par value of instrument 10 Accounting classification Consolidated Non-consolidated 11 Original date of issuance 12 Perpetual or dated 13 Original maturity date 14 Issuer call subject to prior supervisory approval 15 Optional call date and redemption amount Contingent call dates and redemption amount 16 Subsequent call dates, if applicable Coupons / dividends 17 Fixed or floating dividend/coupon 18 Coupon rate and any related index 19 Existence of a dividend stopper 20 Fully discretionary, partially discretionary or mandatory 21 Existence of step-up or other incentive to redeem 22 Non-cumulative or cumulative 23 Convertible or non-convertible 24 If convertible, conversion trigger(s) 25 If convertible, fully or partially 26 If convertible, conversion rate 27 If convertible, mandatory or optional conversion 28 If convertible, specify instrument type convertible into 29 If convertible, specify issuer of instrument it converts into 30 Writedown feature 31 If writedown, writedown trigger(s) 32 If writedown, full or partial 33 If writedown, permanent or temporary 34 If temporary write-own, description of writeup mechanism 34a Type of subordination 35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) 36 Non-compliant transitioned features 37 If yes, specify non-compliant features MUTB B3AT1-9 MUTB B3AT1-11 MUTB B3AT1-12 Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking ― ― ― Japan Law Japan Law Japan Law Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking Mitsubishi UFJ Trust and Banking Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group JPY 11.0 billion JPY 5.0 billion JPY 3.0 billion JPY 11.0 billion JPY 5.0 billion JPY 3.0 billion JPY 11.0 billion JPY 5.0 billion JPY 3.0 billion Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost 2019/10/16 2020/10/19 2021/10/15 Perpetual Perpetual Perpetual No maturity No maturity No maturity Yes Yes Yes 2030/1/15 at per 2031/1/15 at per 2032/1/15 at per Tax event or Regulatory event at per Tax event or Regulatory event at per Tax event or Regulatory event at per Each interest payment date after the first call date Each interest payment date after the first call date Each interest payment date after the first call date Fixed to floating Fixed to floating Fixed to floating * * * Yes Yes Yes Fully discretionary Fully discretionary Fully discretionary No No No Non-cumulative Non-cumulative Non-cumulative Non-convertible Non-convertible Non-convertible ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― Yes Yes Yes Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. Mitsubishi UFJ Trust and Banking’s consolidated CET1 capital ratio fallen below 5.125%, etc. Full or Partial Full or Partial Full or Partial Temporary or Permanent Temporary or Permanent Temporary or Permanent Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Contractual Contractual Contractual Subordinated Subordinated Subordinated No