Mitsubishi UFJ Financial Group's Attributable Profit Up 2.8% in Fiscal H1

MT Newswires Live11-14

Mitsubishi UFJ Financial Group (TYO:8306) profit attributable to owners of the parent rose 2.8% to 1.293 trillion yen in the fiscal first half from 1.258 trillion yen a year earlier.

Japan's largest financial group's basic earnings per share rose to 112.77 yen from 107.57 yen a year ago, according to a Tokyo bourse filing on Friday.

Ordinary income increased 0.5% to 6.894 trillion yen in the six months ended Sept. 30 from about 6.860 trillion yen in the year-ago period.

The company declared a second-quarter dividend of 35 yen per share, payable from Dec. 5.

In a separate filing, Mitsubishi UFJ Financial Group raised its attributable profit forecast for the full fiscal year ending March 31, 2026, to 2.100 trillion yen from 2 trillion yen initially.

The revision was due to a 50 billion yen increase from strong customer segment performance and a 150 billion yen boost from higher equity earnings in its Morgan Stanley investment.

The company expects a year-end dividend of 39 yen per share for a total annual dividend of 74 yen per share for the fiscal year.

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