PROHIBITION OF SALES TO EEA RETAIL INVESTORS: The Notes are not intended to be offered,sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retailinvestor in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who is one(or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFIDII"); (ii) a customer within the meaning of Directive 2002/92/EC (as amended or superseded, "IMD"), where thatcustomer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not aqualified investor as defined in Directive 2003/71/EC (as amended, the "Prospectus Directive"). Consequently nokey information document required by Regulation (EU) No. 1286/2014 (as amended, the "PRIIPs Regulation") for
offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared andtherefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may beunlawful under the PRIIPs Regulation.
MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ECPS ONLYTARGET MARKET: Solely for the purposes of each manufacturer's product approval process, the target market
assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible
counterparties and professional clients only, each as defined in MiFID II; and (ii) all channels for distribution of theNotes to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturers' target market
assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market
assessment in respect of the Notes (by either adopting or refining the manufacturers' target market assessment) anddetermining appropriate distribution channels.
SINGAPORE SECURITIES AND FUTURES ACT PRODUCT CLASSIFICATION: Solely for thepurposes of its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of the Securities and Futures Act (Chapter289 of Singapore) (the "SFA"), the Issuer has determined, and hereby notifies all relevant persons (as defined inRegulation 3(b) of the Securities and Futures (Capital Markets Products) Regulations 2018 (the "SF (CMP)Regulations")) that the Notes are "prescribed capital markets products" (as defined in the SF (CMP) Regulations).
Final Terms dated 17 July 2019
Mitsubishi UFJ Financial Group, Inc.
Issue of Series 17 EUR500,000,000 0.848 per cent. Senior Notes due 2029
under theMitsubishi UFJ Financial Group, Inc.
andMUFG Bank, Ltd.
U.S.$50,000,000,000 Medium Term Note Programme
PART A – CONTRACTUAL TERMS
Any person making or intending to make an offer of the Notes may only do so in circumstances in which noobligation arises for the Issuer or any Dealer to publish a prospectus pursuant to Article 3 of the Prospectus Directive
or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer.
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in theBase Prospectus dated 10 August 2018 (the "Original Base Prospectus"), the first supplement to the Base
Prospectus dated 18 September 2018 ("Supplement No. 1") and the second supplement to the Base Prospectus dated
28 May 2019 ("Supplement No. 2", and together with the Original Base Prospectus and Supplement No. 1, the"Base Prospectus"). This document constitutes the Final Terms of the Notes described herein and must be read in
conjunction with the Base Prospectus. In order to get the full information on the Issuer and the offer of the Notes,
both the Base Prospectus (including all documents incorporated by reference therein) and these Final Terms must beread in conjunction. The Base Prospectus has been published on www.bourse.lu and are available for viewing during
normal business hours at the specified office of the Principal Paying Agent.
1.

Issuer:Mitsubishi UFJ Financial Group, Inc.

2.

(i)

Series Number:

17(ii)

Tranche Number:

1- 1-

15-40717613

(iii)

Date on which the Notes become Not Applicablefungible:3.

Specified Currency or Currencies:

Euro ("EUR")

4.

Aggregate Nominal Amount:

EUR500,000,000(i)Series:

EUR500,000,000(ii)Tranche:

EUR500,000,000

5.

Issue Price:

100 per cent. of the Aggregate Nominal Amount

6.

(i)

Specified Denominations:

EUR200,000 and integral multiples of EUR1,000 in excess
thereof(ii)

Calculation Amount:

EUR1,000(i)Issue Date:

19 July 2019

(ii)

Interest Commencement Date:

Issue Date

7.

8.

Maturity Date:

19 July 2029

9.

Interest Basis:0.848 per cent. Fixed Rate

10.

Redemption/Payment Basis:

Redemption at par11.

Call/Put Option:

Not Applicable

12.

Status of the Notes:

Unsubordinated13.

Date on which Board approval for issuance Not Applicableof Notes obtained:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.

Fixed Rate Note Provisions:Applicable(i)Rate of Interest:

0.848 per cent. per annum payable in arrear on each Interest
Payment Date(ii)Interest Payment Date(s):19 July in each year, not adjusted(iii)

Fixed Coupon Amount:

EUR8.48 per Calculation Amount(iv)

Broken Amount(s):Not Applicable(v)

Day Count Fraction:

Actual/Actual (ICMA)

15.

Floating Rate Note Provisions:

Not Applicable

16.

CMS Rate Note Provisions (the Bank Not Applicableonly):

17.

Zero Coupon Note Provisions (the Bank Not Applicableonly):

18.

Dual Currency Note Provisions (the Bank Not Applicableonly):PROVISIONS RELATING TO REDEMPTION
19.

Call Option:

Not Applicable-2-15-40717613

20.

Put Option (the Bank only):

Not Applicable

21.

Final Redemption Amount of each Note:

EUR1,000 per Calculation Amount22.

Early Redemption Amount (Tax)

EUR1,000 per Calculation Amount23.

Early Redemption Amount (Regulatory)

Not Applicable

24.

Early Termination Amount

EUR1,000 per Calculation Amount

GENERAL PROVISIONS APPLICABLE TO THE NOTES
25.

Form of Notes:

Registered Notes:
Registered Notes, evidenced by a Global Note Certificate.
The Notes evidenced by the Global Note Certificate will beheld under the new safekeeping structure ("New SafekeepingStructure" or "NSS"), be registered in the name of a common
safekeeper (or its nominee) for Euroclear and/or Clearstream,
Luxembourg and the Global Note Certificate will bedeposited on or around the Issue Date with the common
safekeeper for Euroclear and/or Clearstream, Luxembourg.

26.

New Global Note:

No

27.

Additional Financial Centre(s):TARGET, London, Tokyo

28.

Talons for future Coupons to be attached No
to Definitive Notes (and dates on whichsuch Talons mature):

29.

Details relating to Partly Paid Notes (the Not Applicable
Bank only):

30.

Details relating to Instalment Notes (the Not Applicable
Bank only):

31.

Other terms or special conditions:

Not Applicable

LISTING AND ADMISSION TO TRADING APPLICATION
These Final Terms comprise the final terms required to have the Notes admitted to the Official List of theLuxembourg Stock Exchange and admitted to trading to the Euro MTF Market of the Luxembourg Stock Exchange
pursuant to the Issuer's Medium Term Note Programme.

-3-15-40717613RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer:
By:

Duly authorised-4-15-40717613

PART B – OTHER INFORMATION
1.

LISTING AND
TRADING

2.

RATINGSADMISSION

Ratings:

TO

Application has been made for the Notes to be admitted tolisting on the official list of the Luxembourg Stock Exchange
and admitted to trading on the Euro MTF Market of theLuxembourg Stock Exchange.

The Notes to be issued are expected to be rated:
Moody's: A1
S&P Global Ratings Japan Inc.: A−Fitch Ratings Japan Limited: AA security rating is not a recommendation to buy, sell or holdsecurities and may be subject to suspensions, reductions orwithdrawal at any time by the assigning rating agency.

3.

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Morgan Stanley & Co. International plc, a subsidiary of Morgan Stanley, will participate in the offering as amanager. The Issuer holds approximately 24.0 per cent. of the voting rights in Morgan Stanley based on thenumber of shares of common stock of Morgan Stanley outstanding as of 31 March 2019 as well as Series C
Preferred Stock with a face value of approximately $521.4 million and 10 per cent. dividend. In addition, theIssuer currently has two representatives on Morgan Stanley's board of directors. The Issuer has adopted theequity method of accounting for its investment in Morgan Stanley. In April 2018 the Issuer entered into asales plan with Morgan Stanley and Morgan Stanley & Co. LLC, pursuant to which the Issuer will sellportions of the shares of Morgan Stanley common stock that the Issuer holds, to Morgan Stanley throughMorgan Stanley & Co. LLC acting as agent for Morgan Stanley to the extent necessary to ensure that theIssuer’s beneficial ownership will remain below 24.9 per cent.
As part of its strategic alliance with Morgan Stanley, in May 2010, the Issuer and Morgan Stanley integrated
their respective Japanese securities companies by forming two joint venture companies. The Issuer
contributed the wholesale and retail securities businesses conducted in Japan by Mitsubishi UFJ Securities
Co., Ltd. into one of the joint venture entities called Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
("MUMSS"). Morgan Stanley contributed the investment banking operations conducted in Japan by its
formerly wholly owned subsidiary, Morgan Stanley Japan Securities Co., Ltd. ("Morgan Stanley Japan"),into MUMSS and contributed the sales and trading and capital markets businesses conducted in Japan by
Morgan Stanley Japan into a second joint venture entity called Morgan Stanley MUFG Securities Co., Ltd.
("MSMS"). The Issuer holds a 60 per cent. economic interest in each of the joint venture companies andMorgan Stanley holds a 40 per cent. economic interest in each of the joint venture companies. The Issuer
holds a 60 per cent. voting interest and Morgan Stanley holds a 40 per cent. voting interest in MUMSS, andthe Issuer holds a 49 per cent. voting interest and Morgan Stanley holds a 51 per cent. voting interest inMSMS. The Issuer and Morgan Stanley's economic and voting interests in the joint venture companies areheld through a combination of intermediary holding companies and partnership.
MUFG Securities EMEA plc, a subsidiary of the Issuer, will participate in the offering as a manager.

4.

REASONS FOR THE OFFER
Reasons for the offer:

5.

As set out in the Base Prospectus for funding Eligible Green
Projects. See "Use of Proceeds of Green Notes" in Supplement
No. 1, as updated by Supplement No. 2.

YIELD
Indication of yield:

0.848 per cent.
The yield is calculated at the Issue Date on the basis of theIssue Price. It is not an indication of future yield.

-5-15-40717613

6.

OPERATIONAL INFORMATION(i)

7.

Securities identification codes:-ISIN Code:XS2028900087-Common Code:202890008(ii)

Any clearing system(s) other thanEuroclear Bank S.A./N.V. andClearstream Banking S.A., and therelevant identification number(s):Not Applicable(iii)

Delivery:

Delivery against payment(iv)

Names and addresses of additional
Paying Agent(s) or depository
agents (including Registrar) (ifany):

Not Applicable(v)Intended to be held in a manner
which would allow Eurosystemeligibility:

Yes. Note that the designation "yes" simply means that theNotes are intended upon issue to be deposited with one of theICSDs as common safekeeper (and registered in the name of anominee of one of the ICSDs acting as common safekeeper)and does not necessarily mean that the Notes will berecognised as eligible collateral for Eurosystem monetary
policy and intra-day credit operations by the Eurosystemeither upon issue or at any or all times during their life. Such
recognition will depend upon the ECB being satisfied thatEurosystem eligibility criteria have been met.

DISTRIBUTION(i)

Method of distribution:(ii)

If syndicated:-Names of Managers:

SyndicatedJoint Lead Managers (books):Morgan Stanley & Co. International plc
MUFG Securities EMEA plc
Joint Lead Managers (no books):
Barclays Bank PLC
BNP Paribas
HSBC Bank plc
Other Managers:
Crédit Agricole Corporate and Investment Bank
Credit Suisse Securities (Europe) LimitedNatixis
Société GénéraleUBS AG London Branch-Stabilising Manager(s) (if any):

MUFG Securities EMEA plc(iii)

If non-syndicated, name of Dealer:

Not Applicable

(iv)

U.S.
Selling
Restrictions(Categories of potential investors towhich the Notes are offered):Reg. S Compliance Category 2; TEFRA not applicable(v)

Additional selling restrictions:

Not Applicable-6-15-40717613

(vi)
8.

Prohibition of Sales to EEA RetailInvestors:

Applicable

TAX REDEMPTION(i)

Agreement Date:

17 July 2019-7-15-40717613