MUFG · Mitsubishi UFJ Financial Group, Inc.

MUFG reported strong results for the fiscal year ended March 31, 2026, with profits attributable to owners of parent rising 30.3% to ¥2,427.2 billion from ¥1,862.9 billion in the prior year. Ordinary profits increased 27.7% to ¥3,410.2 billion, driven by higher gross profits which grew 23.3% to ¥5,944.4 billion. The increase in gross profits was attributed to contributions from overseas acquisitions, higher net interest income from rising JPY interest rates and improved margins, growth in fee-based businesses, and a rebound from net losses on debt securities in the prior year. General and administrative expenses rose 10.5% to ¥3,567.2 billion due to investments in growth, inflation, and acquisitions. Total credit costs increased to ¥355.8 billion from ¥108.7 billion, reflecting a reversal of prior year reversals. Net gains on equity securities decreased to ¥486.0 billion from ¥592.5 billion, while equity in earnings of equity method investees rose to ¥845.5 billion from ¥596.9 billion, mainly due to strong performance at Morgan Stanley. The company set an earnings target of ¥2,700.0 billion for fiscal year ending March 31, 2027. Dividends per share increased to ¥86.00 for FY2026, with a forecast of ¥96.00 for FY2027. Total assets grew 4.5% to ¥431.7 trillion, with loans and bills discounted up 10.2% to ¥133.8 trillion and deposits up 4.8% to ¥239.4 trillion.