This English version is a translation of the original Japanese document and is only for reference purposes. In the case where
any differences occur between the English version and the original Japanese version, the Japanese version will prevail. The
financial results written in the original Japanese document is not audited by independent auditors.

July 29, 2015

Consolidated Financial Results
for the First Quarter of the Fiscal Year Ending March 31, 2016
[under Japanese GAAP]
Company name: Mitsubishi UFJ Securities Holdings Co., Ltd.
URL:
http://www.hd.sc.mufg.jp/
Representative: Takashi Nagaoka, President & CEO
Contact:
Shinjiro Yamamoto, General Manager, Financial Planning Division
TEL: (03) 6213-2550
Supplementary material on quarterly financial results:
Yes
Quarterly financial results presentation meeting: None
(Millions of yen with fractional amounts disregarded)

1.

Consolidated performance for the first quarter of fiscal year 2015
(from April 1, 2015 to June 30, 2015)(1) Consolidated operating results (cumulative)
Operating revenue
Millions of yen
First three months of
FY2015First three months of
FY2014(Percentages indicate year-on-year changes.)

Net operating revenue% Millions of yen

Operating income% Millions of yen

Ordinary income% Millions of yen%

146,899

42.4

137,833

50.5

34,535 284.1

40,294 239.7

103,159(23.5)

91,605(27.4)

8,990

11,863

Profit attributable to
Basic earnings per shareowners of parent
Yen
Millions of yen%(78.9)

Diluted earnings
per share
YenFirst three months of
17,737 94.7
24.07–
FY2015First three months of
9,109 (77.0)–
12.36
FY2014(Note)
Comprehensive income First three months of FY2015:
9,541 million yen
76.8 %First three months of FY2014:
5,395 million yen (91.2)%(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As of June 30, 2015

30,313,339

1,022,659

2.5

As of March 31, 2015

29,993,106

1,025,771

2.6(Reference) Equity
As of June 30, 2015: 765,056 million yen
As of March 31, 2015: 775,934 million yen(Note)“Equity ratio” is computed under the formula shown below:(Total net assets – Subscription rights to shares – Non-controlling interests) / Total assets(79.2)

*Notes(1) Changes in significant subsidiaries during the current period (changes in specified
subsidiaries resulting in the change in scope of consolidation): None
(2) Application of particular accounting for preparing quarterly consolidated financial
statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement of priorperiod financial statements after error corrections
a. Changes in accounting policies due to revisions to accounting standards and other regulations:Noneb. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement of prior period financial statements after error corrections: None
(4) Number of issued shares (common stock)
a.

b.

c.

Total number of issued shares at the end of the period (including treasury stock)
As of June 30, 2015

736,985,496 shares

As of March 31, 2015

736,985,496 shares

Number of shares of treasury stock at the end of the period
As of June 30, 2015

– shares

As of March 31, 2015

– sharesAverage number of shares during the period (cumulative from the beginning of the fiscal year)
First three months of the fiscal year ending March 31, 2016

736,985,496 sharesFirst three months of the fiscal year ended March 31, 2015

736,985,496 shares<* Indication regarding execution of quarterly review procedures >This quarterly financial results report is exempt from the review procedures for Quarterly Securities
Report pursuant to the Financial Instruments and Exchange Act.
<* Other special matters>
NoneAttached Material

Index
Consolidated financial statements(1) Consolidated balance sheets·······················

P.1(2) Consolidated statements of income and Consolidated statements of comprehensive income
Consolidated statements of income (cumulative)·······················

P.3

Consolidated statements of comprehensive income (cumulative)·······················

P.4·······················

P.5(Notes on significant changes in the amount of shareholders’ equity) ·······················

P.5(3) Notes to consolidated financial statements(Notes on premise of going concern)<Reference>
Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016
1. Commission received(1) Breakdown by item·······················

P.6(2) Breakdown by product·······················

P.6

2. Net trading income·······················

P.6

Quarterly Trends in Consolidated Statements of Income·······················

P.7<Reference>
Mitsubishi UFJ Morgan Stanley Securities, Co., Ltd. for the First Quarter of the Fiscal Year Ending
March 31, 2016
(1) Consolidated operating results·······················

P.8(2) Consolidated financial position·······················

P.8(3) Non-consolidated operating results·······················

P.9(4) Non-consolidated financial position·······················

P.9

Consolidated financial statements(1) Consolidated balance sheets(Millions of yen)
As of March 31, 2015

As of June 30, 2015

ASSETS
Current assets
Cash and deposits

1,157,151

Cash segregated as deposits
Trading products

1,178,549

177,256

705,169

15,525,224

14,154,448

Trading securities and other6,038,094

4,521,228

Derivatives

9,487,129

9,633,219

Margin transaction assets

51,859264,755

Loans secured by securities

11,270,365

12,115,210

Short-term guarantee deposits

901,937

903,013

Short-term investment securities

160,477

154,359401

250

155,113226,368(2)(1)

29,399,786

29,702,123

Income taxes receivable
Other current assets
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment

33,62434,563

Intangible assets

55,15082,246

Investments and other assets

504,546494,406

Total noncurrent assets

593,320

611,215

29,993,106

30,313,339

Total assets- 1 -(Millions of yen)
As of March 31, 2015

As of June 30, 2015

LIABILITIESCurrent liabilities
Trading products

11,921,542

Trading securities and other

11,756,255

2,607,193

2,383,397

Derivatives
Trade date accrual
Margin transaction liabilities

9,314,349
674,240
30,4709,372,858
257,640
113,823

Loans payable secured by securities

10,739,998

10,790,196

Short-term loans payable

1,308,395

1,503,050

Current portion of bonds

129,932

97,214Current portion of long-term loans payable

123,680

117,101

Commercial papers

903,031765,675

Income taxes payable

24,037

7,286

Asset retirement obligations

360

58

Other current liabilities

1,727,242

2,344,335

Total current liabilities

27,582,932

27,752,639

Bonds payable

949,993

1,071,658

Long-term loans payable

416,856449,806

Net defined benefit liability

3,875

3,335

Noncurrent liabilities

Provision for directors’ retirement benefits
Asset retirement obligations

166

64

6,589

6,624

Other noncurrent liabilities

5,195

2,595

Total noncurrent liabilities

1,382,676

1,534,085

1,725

3,955

1,725

3,955

28,967,334

29,290,680

Reserves under the special laws
Reserve for financial products transaction
liabilities
Total reserves under the special laws
Total liabilities
NET ASSETS
Shareholders’ equity
Capital stock

75,51875,518

Capital surplus

452,817452,022

Retained earnings

207,098

213,059

Total shareholders’ equity

735,434

740,600

Valuation difference on available-for-sale securities

8,833

2,952

Deferred gains or losses on hedges

(134)

(215)

28,811

18,848

Accumulated other comprehensive income

Foreign currency translation adjustment
Remeasurements of defined benefit plans

2,988

2,870

Total accumulated other comprehensive income

40,49924,455

Non-controlling interests
Total net assets
Total liabilities and net assets- 2 -249,837

257,6021,025,771

1,022,659

29,993,106

30,313,339

(2) Consolidated statements of income and Consolidated statements of comprehensive income
Consolidated statements of income (cumulative)

First three months of FY2014(From April 1, 2014
to June 30, 2014)
Operating revenue
Commission received
Net trading income
Net gain on private equity and other securities
Financial revenue
Total operating revenue
Financial expenses
Net operating revenue
Selling, general and administrative expenses
Operating income
Non-operating income
Share of profit of entities accounted for using equity method
Gain on sales of investment securities
Other
Total non-operating income
Non-operating expenses
Loss on valuation of derivatives
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Total extraordinary income
Extraordinary loss
Loss on sales of investment securities
Loss on valuation of investment securities
Impairment loss
Provision of reserve for financial products transaction liabilities
Other
Total extraordinary losses
Profit before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent- 3 -(Millions of yen)First three months of FY2015(From April 1, 2015
to June 30, 2015)

51,65439,652
1
11,850103,159
11,55391,60582,615
8,990

69,10859,455
1
18,333
146,899
9,066
137,833
103,298
34,535

274
306
2,584
3,165

3,625
1,420
1,262
6,308

16
－
276
292
11,863

195
237
115
548
40,294

4,025
4,025

120
120

－
0
－
89
－
90
15,798
1,424
5,698
7,123
8,675
(433)
9,109

26
23
20
183
384
638
39,776
9,574
4,556
14,13025,645
7,908
17,737

Consolidated statements of comprehensive income (cumulative)(Millions of yen)First three months of FY2014(From April 1, 2014
to June 30, 2014)

First three months of FY2015(From April 1, 2015
to June 30, 2015)

8,675

25,645(107)(17)(3,050)(104)(5,950)(94)(9,874)
(199)

0

13

(3,279)5,395(16,104)
9,541

6,901
(1,506)

1,693
7,847

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income(Comprehensive income attributable to)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests- 4 -(3) Notes to consolidated financial statements(Notes on premise of going concern)
None(Notes on significant changes in the amount of shareholders’ equity)
None

- 5 -

<Reference>

Consolidated Financial Results
for the First Quarter of the Fiscal Year Ending March 31, 2016
1. Commission received(1) Breakdown by item
(Millions of yen)First three months of FY2014(From April 1, 2014
to June 30, 2014)

Commission to consigneesFirst three months of FY2015(From April 1, 2015
to June 30, 2015)

Increase(Decrease)

FY2014(From April 1, 2014
to March 31, 2015)

7,195

13,5306,334

38,828Stocks

6,801

13,053

6,252

37,060

Bonds

220

45

(174)

435

9,462

15,447

5,984

47,217

Commission for underwriting,secondary distribution and solicitation
for selling and others for professional
investors

Stocks

2,971

5,420

2,448

12,461

Bonds

6,490

10,026

3,535

34,756

13,503

18,138

4,634

60,106

Fee for offering, secondary distribution
and solicitation for selling and othersfor professional investors

Beneficiary certificates
Other fees received
Beneficiary certificates
Total

13,007

17,675

4,667

57,852

21,493

21,992499

85,672

12,75815,2562,498

53,65851,654

69,10817,453

231,825(2) Breakdown by product(Millions of yen)First three months of FY2014(From April 1, 2014
to June 30, 2014)

First three months of FY2015(From April 1, 2015
to June 30, 2015)

Increase(Decrease)

FY2014(From April 1, 2014
to March 31, 2015)

Stocks

9,858

19,922

10,064

Bonds

7,304

10,664

3,359

51,38339,015

Beneficiary certificates

25,931

33,2597,328

112,784

Other

8,559

5,260

(3,298)28,642

Total

51,654

69,10817,453

231,825

２．Net trading income(Millions of yen)First three months of FY2014(From April 1, 2014
to June 30, 2014)

First three months of FY2015(From April 1, 2015
to June 30, 2015)

Increase(Decrease)

FY2014(From April 1, 2014
to March 31, 2015)

Stocks

5,421

17,015

11,59343,072

Bonds

37,392

32,043(5,348)

153,580

Other(3,161)

10,396

13,557(18,705)

Total

39,65259,45519,802

177,948- 6 -<Reference>

Quarterly Trends in Consolidated Statements of Income(Millions of yen)
1Q of FY2014(April 1 toJune 30, 2014)

2Q of FY2014(July 1 to
September 30, 2014)

3Q of FY2014(October 1 to
December 31, 2014)

4Q of FY2014(January 1 toMarch 31, 2015)

103,159

112,996

139,365

127,021

146,899

51,65455,34160,48164,347

69,108Commission to consignees

7,195

10,530

10,205

10,896

13,530Stocks6,801

10,112

9,757

10,38813,053

Bonds

220

135

13

66

45

9,462

11,343

12,111

14,29915,447

Stocks

2,971

3,222

3,038

3,228

5,420

Bonds

6,490

8,121

9,073

11,071

10,026

13,503

14,873

14,303

17,425

18,138Operating revenue
Commission received

Commission for underwriting, secondary
distribution and solicitation for selling and othersfor professional investors

Fee for offering, secondary distribution andsolicitation for selling and others for professional
investors

1Q of FY2015(April 1 toJune 30, 2015)

Beneficiary certificates

13,007

14,312

13,84916,682

17,675

Other fees received

21,493

18,59323,85921,72621,992

Beneficiary certificates

12,75813,125

13,752

14,022

15,25639,652

37,11457,78943,39259,455

Net trading income from securities (stocks)

5,421

16,482

19,0332,135

17,015

Net trading income from bonds

37,39236,50839,62440,05632,043

Other net trading income

10,396

Net trading income(3,161)(15,876)

(868)

1,200

Net gain on private equity and other securities

1

(17)

0

(3)

1

Other net gain on goods trading

－

1

－

0

－
18,333Financial revenue

11,85020,55621,093

19,285

Financial expenses

11,553

9,969

14,171

11,0909,066

Net operating revenue

91,605103,027

125,193

115,930

137,833

Selling, general and administrative expenses

82,61580,24885,63496,576103,298

Trading related expenses

23,14825,65029,38031,15936,416

Personnel expenses

32,56434,45335,23443,05038,166

Real estate expenses

5,319

5,645

5,804

5,846

6,580

Office cost

7,991

8,288

8,293

8,551

9,206

Depreciation

3,396

3,556

3,974

4,224

4,382

Taxes and dues

8,156

677

1,159

1,397

6,094

Other

2,038

1,977

1,788

2,346

2,449

Operating income

8,990

22,77839,55919,35434,535Non-operating income

3,165

9,186

5,655

8,833

6,308

Non-operating expenses

292

1,121

801

377

548

Ordinary income

11,86330,842

44,41327,81040,294Extraordinary income

4,025

3,976

808

595

120

90

240

130

1,982

638

Profit before income taxes

15,79834,57945,092

26,42339,776

Income taxes-current

1,424

5,025

15,167

11,844

9,574

Income taxes-deferred

5,698

4,631

(985)

(5,057)

4,556

Total income taxes

7,123

9,656

14,181

6,787

14,130

Profit8,675

24,92230,91019,63525,645

Profit (loss) attributable to non-controlling interests(433)

10,563

12,523

10,496

7,908

Profit attributable to owners of parent

9,109

14,35918,387

9,139

17,737Extraordinary loss

- 7 -

<Reference>

Mitsubishi UFJ Morgan Stanley Securities, Co., Ltd.
for the First Quarter of the Fiscal Year Ending March 31, 2016
(1) Consolidated operating results(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2015
(From April 1, 2014
to June 30, 2015)
to June 30, 2014)

Operating revenue
Commission received
Net trading income
Net operating revenue
Operating income
Ordinary income
Profit attributable to owners of parent

73,65837,50431,03970,931
16,46016,915
14,103

101,866
45,11950,61399,444
31,53531,605
20,799FY2014(From April 1, 2014
to March 31, 2015)

Increase(Decrease)28,207
7,614
19,57328,513
15,074
14,6896,695

353,233
163,227
160,873342,214106,721
107,451
74,789(Breakdown of operating revenue)<Breakdown by item of commission received>(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2015
(From April 1, 2014
to June 30, 2015)
to June 30, 2014)

Commission to consignees
Commission for underwriting, secondary
distribution and solicitation for selling andothers for professional investors
Fee for offering, secondary distribution andsolicitation for selling and others for
professional investors

Other fees received
Total

FY2014(From April 1, 2014
to March 31, 2015)

Increase(Decrease)

6,515

10,624

4,108

36,042

4,347

4,326

(21)

16,041

13,50318,066

4,563

60,10613,13837,504

12,102
45,119(1,035)
7,614

51,036
163,227<Breakdown by product of commission received>(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2015
(From April 1, 2014
to June 30, 2015)
to June 30, 2014)

Stocks
Bonds
Beneficiary certificates
Other
Total

9,283
2,081
18,232
7,906
37,504

14,868
1,748
23,881
4,620
45,119

Increase(Decrease)

5,585
(332)
5,648
(3,286)7,614

FY2014(From April 1, 2014
to March 31, 2015)

46,413
10,25780,53326,022
163,227<Net trading income>(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2014
(From April 1, 2015
to June 30, 2014)
to June 30, 2015)

Stocks
Bonds
Other
Total

6,687
23,822529
31,03917,852
28,693
4,066
50,613

Increase(Decrease)

11,164
4,871
3,537
19,573

FY2014(From April 1, 2014
to March 31, 2015)

36,452
156,486(32,065)
160,873(2) Consolidated financial position(Millions of yen)
As of June 30, 2014

Total assets
Net assets

As of June 30, 2015

14,804,491
336,326

13,855,638
381,657- 8 -Increase(Decrease)(745,946)(16,499)

As of March 31, 2015

14,601,584
398,156

<Reference>(3) Non-consolidated operating results(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2014
(From April 1, 2015
to June 30, 2014)
to June 30, 2015)

Operating revenue
Commission received
Net trading income
Net operating revenue
Operating income
Ordinary income
Profit64,51532,71926,702
61,846
13,787
14,452
13,12988,93838,82144,01386,571
26,41331,39923,232FY2014(From April 1, 2014
to March 31, 2015)

Increase(Decrease)24,422
6,101
17,31024,724
12,626
16,947
10,102309,252
142,156
138,038
298,455
91,22996,15372,036(Breakdown of operating revenue)<Breakdown by item of commission received>(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2014
(From April 1, 2015
to June 30, 2014)
to June 30, 2015)

Commission to consignees
Commission for underwriting, secondary
distribution and solicitation for selling andothers for professional investors
Fee for offering, secondary distribution andsolicitation for selling and others for
professional investors

Other fees received
Total

FY2014(From April 1, 2014
to March 31, 2015)

Increase(Decrease)

6,430

10,467

4,037

35,553

4,347

4,326

(21)

16,041

9,905

13,4593,554

44,591

12,03532,71910,56738,821(1,468)6,101

45,969142,156<Breakdown by product of commission received>(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2014
(From April 1, 2015
to June 30, 2014)
to June 30, 2015)

Stocks
Bonds
Beneficiary certificates
Other
Total

9,219
1,731
13,8877,880
32,71914,7391,380
18,134
4,566
38,821

Increase(Decrease)

5,519
(350)
4,247
(3,314)6,101

FY2014(From April 1, 2014
to March 31, 2015)

46,0408,468
61,73825,908142,156<Net trading income>(Millions of yen)First three months of FY2014 First three months of FY2015(From April 1, 2014
(From April 1, 2015
to June 30, 2014)
to June 30, 2015)

Stocks
Bonds
Other
Total

6,544
19,785373
26,702

16,11023,9773,924
44,013

Increase(Decrease)

9,566
4,192
3,551
17,310FY2014(From April 1, 2014
to March 31, 2015)

31,551
139,248(32,761)
138,038(4) Non-consolidated financial position(Millions of yen)
As of June 30, 2014

Total assets
Net assets

As of June 30, 2015

14,762,532
327,853

13,800,037
372,553- 9 -Increase(Decrease)(741,964)(13,195)

As of March 31, 2015

14,542,001
385,748