Japan’s Mitsubishi UFJ Financial Group (MUFG) has recorded a 50%
year on year increase in full-year net profit to ¥538bn
($7.2bn).
Net interest income for the twelve months to end-March amounted
to ¥2.02tr, a 7.2% decline from the previous fiscal.
Go deeper with GlobalData
Income from fees and commission for the year also declined,
albeit marginally by 1.3% to ¥1.08tr.
Retail earnings continue to fall
MUFG’s net operating profit from retail
banking continued its downward trend, falling by 10% to ¥402.5bn in
the twelve months to the end of March.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataFor the half year to end-September 2010, MUFG’s net
operating profit at its retail division had declined by 8.7%
from the corresponding period a year ago to ¥205.7bn.
Retail deposits increased by 2% year on year
to ¥64.4tr.
