Mitsubishi UFJ Reports Higher Annual Profit
By Kosaku Narioka
Mitsubishi UFJ Financial Group reported a rise in annual net profit and said it is aiming for further increase in earnings this fiscal year.
The Japanese financial company's net profit rose 30% from a year earlier to 2.427 trillion yen, equivalent to $15.36 billion, for the 12 months ended March, it said. That beat the estimate of Y2.262 trillion in a poll of analysts by data provider Visible Alpha.
Mitsubishi UFJ said it would target a net profit of 2.700 trillion in the fiscal year that began in April and raised its return-on-equity target to about 12% this fiscal year, up from its previous target of about 9%.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
May 15, 2026 03:46 ET (07:46 GMT)
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