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Mitsubishi UFJ Financial Group



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Mitsubishi UFJ Financial H1 earnings drop

Mitsubishi UFJ Financial Group has reported a net income of JPY92.02 billion for the half year ended September 30, 2008, a decrease of JPY164.6 billion from JPY256.72 billion for the half year ended September 30, 2007.

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Profits nosedive at major banking groups

Net profit at the three major banking groups fell in the six months to September amid the ongoing global economic turmoil, according to their earnings results for the first business half. On Tuesday, Mitsubishi UFJ Financial Group Inc. said its consolidated net income fell 64.1 percent to ¥92 billion between April and September. Read the full story

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MUFG 1st Half Group Net Profit Y92.02bn, Down 64.2%

MUFG 1st Half Group Net Profit Y92.02bn, Down 64.2%TOKYO (Dow Jones)--Mitsubishi UFJ Financial Group Inc. (8306) said Tuesday its group net profit for the fiscal half ended September tumbled 64% on the back of such obstacles as rising credit costs and impairment losses on its securities holdings.

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Mitsubishi UFJ Financial sees net profit fall 64.2 per cent

Tokyo - Mitsubishi UFJ Financial Group Inc on Tuesday reported its net profit tumbled 64.2 per cent during the first six months of the fiscal 2008 that runs through March. Amid the global financial crisis, Japan's largest banking firm said its net pr...

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Sumitomo Mitsui Financial to raise funds by preferred securities

Tokyo - Sumitomo Mitsui Financial Group Inc announced a plan Wednesday to increase its capital by issuing preferred subscription securities and establishing a wholly owned subsidiary in the Cayman Islands. The group, one of the three Japanese mega-ba...

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Asia Markets: Asia in bleak mood; banks, energy stocks lower

Asian stocks declined Wednesday, with commodity and technology shares among the leading decliners, while Mitsubishi UFJ Financial Group led a...

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Japan stocks rise after losses earlier this week

... yen.

Banks, which were hard-hit earlier in the week, also rebounded Friday. Mizuho Financial Group soared 13.9 percent, and Mitsubishi UFJ Financial Group rose 2.5 percent.

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Japan stocks rise after losses earlier this week

... 1,397 yen.Banks, which were hard-hit earlier in the week, also rebounded Friday. Mizuho Financial Group soared 13.9 percent, and Mitsubishi UFJ Financial Group rose 2.5 percent. Join the discussionNote: If this is your first time using our NEW commenting system, you will have to and then . The Miami Herald is pleased to provide this opportunity to share information, experiences...

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Mitsubishi UFJ First-Half Profit Falls 64%

Mitsubishi UFJ Financial Group, Japan’s largest bank, said first-half net profit plunged 64 percent, hit by higher credit costs and losses on its shareholdings, The Associated Press reported. The company, one of three Japanese ‘’megabanks,'’ said Tuesday that net profit for the April-September fiscal half fell to 92.02 billion yen ($955.6 million) from 256.72 billion yen [...]

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Mitsubishi UFJ first-half profit dives 64 percent

Mitsubishi UFJ Financial Group Inc. , Japan's largest bank, said first-half net profit plunged 64 percent, hit by higher credit costs and losses on its shareholdings.

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Unlike blue chips, services firms' Japan quirks thwart global reach

Japan's firms are on an unprecedented shopping tour overseas. The value of January-October M&As hit a record ¥6.7 trillion, nearly four times more than a year earlier. The largest was Mitsubishi UFJ Financial Group's $9 billion investment in Morgan Stanley. Another deal was Nomura's acquisition of key units of Lehman Brothers, which made even more global headlines. And, last December...

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Mitsubishi UFJ half-year net income off 64% to $954 million

HONG KONG (MarketWatch) -- Mitsubishi UFJ Financial Group , Japan's biggest bank, said Tuesday net income for the fiscal half-year ending Sept. 30...

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Mitsubishi UFJ first-half profit dives 64 percent

TOKYO -- Mitsubishi UFJ Financial Group Inc. , Japan's largest bank, said first-half net profit plunged 64 percent, hit by higher credit costs and losses on its shareholdings.

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Asian markets follow US stocks down

... exporters such as Canon were down on a firmer yen amid fears about the US car industry, while Mitsubishi UFJ Financial Group and other large banks fell after shares in Citigroup plunged 23 per cent to a 13-year low as investors questioned the survival prospects of the US bank.Concern that the deteriorating global economy is biting into Japan's export-dependent economy intensified...

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Japan's Sumitomo Mitsui says to raise capital

TOKYO (Reuters) - Sumitomo Mitsui Financial Group said it would issue preferred securities in a fund-raising one newspaper put at $4.1 billion, becoming the latest Japanese bank to bolster its capital amid the financial crisis.