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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
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.
