Mitsubishi UFJ Posts First-Half Profit Beat, Raises Annual Target
By Kosaku Narioka
Mitsubishi UFJ Financial Group reported better-than-expected profit growth in the first half and raised its annual earnings target.
The Japanese financial company said Friday that net profit climbed 26% from a year earlier to 1.631 trillion yen, equivalent to $10.20 billion, for the six months ended September. That beat the estimate of Y1.544 trillion in a poll of analysts by data provider Visible Alpha.
For the fiscal year ending March, the company now targets net profit of Y2.800 trillion, up from Y2.700 trillion forecast previously.
Mitsubishi UFJ said it will buy back up to Y200 billion of its own shares by the end of January 2027.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
November 13, 2026 02:48 ET (07:48 GMT)
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