Q: What are the synergies with Krungsri
and how do you see these evolving?

A: Krungsri is the fifth-largest commercial bank in Thailand, earning about US$370 million in net profit in FY2013 and holding total assets of US$37 billion at the end of the same fiscal year. Retail consumer-related transactions account for about half of its loan assets. The acquisition allowed us to add booming Asian businesses to diversify our portfolio. Furthermore, we can now function as a full-fledged commercial bank in Asia, covering both retail and the middle market. Combining these with our Bangkok Branch's corporate loans business, we will have a balanced portfolio.

Through the acquisition and combination of MUFG's global strengths and Krungsri's expansive local network in terms of customer segment and products, we will be able to provide broader, locally based services to Japanese corporate customers and global services to local customers in Thailand.

Leveraging this new full-fledged commercial banking base in Thailand, which includes retail, will further benefit MUFG by generating business growth. We also aim to expand into the Greater Mekong Sub-region with its potential for high future growth by using the operating base of Krungsri. We will strive to make meaningful contributions to Thailand's economy and financial industry and eventually to the development of ASEAN. We are also fully committed to meeting the expectations of our customers and of government authorities as the leading financial group in Japan and one of the Global Systemically Important Banks.