Mitsubishi UFJ Financial Group (NYSE:MUFG) Achieves Record Profit and Unveils Ambitious Business Plan During the recent earnings call, Mitsubishi UFJ Financi



Mitsubishi UFJ Financial Group (NYSE:MUFG) Achieves Record Profit and Unveils Ambitious Business Plan


blog post cover photo

Image credit: S O C I A L . C U T

Mitsubishi UFJ Financial Group (NYSE:MUFG) Achieves Record Profit and Unveils Ambitious Business Plan

During the recent earnings call, Mitsubishi UFJ Financial Group (NYSE:MUFG) announced significant financial achievements for the fiscal year ending March 31, 2024, along with an ambitious Medium-Term Business Plan (MTBP) aimed at driving further growth and sustainability.

Financial Achievements

  • Record Profit: MUFG reported a record profit of ¥1,490.7 billion attributable to owners, demonstrating strong financial performance.
  • Profit Target for FY 2024: The company outlined a profit target of ¥1.5 trillion for fiscal year 2024, alongside a dividend forecast of ¥50 per share.
  • Share Repurchase Program: MUFG announced a share repurchase plan of up to ¥100 billion, reflecting confidence in its future prospects.

Ambitious Medium-Term Business Plan

  • Profit Increase: The new MTBP aims for a 30% profit increase from FY '23, focusing on driving social and environmental progress, innovation, and maintaining a return on equity (ROE) of around 9%.
  • Financial Targets: By FY '26, MUFG targets a net operating profit of over ¥2.1 trillion and net profits of over ¥1.6 trillion, with plans to maintain an expense ratio of around 60% and adjust its asset portfolio for higher profitability.
  • Capital Management: The CET1 ratio target range is set at 9.5% to 10.5%, with a dividend payout ratio of around 40%.


Mitsubishi UFJ Financial Group's record profit and ambitious business plan underscore its commitment to driving sustainable growth and delivering value to shareholders. With a clear focus on financial targets, social responsibility, and innovation, MUFG is poised to navigate challenges and capitalize on opportunities in the evolving financial landscape.

Stay updated with the latest stock news and sentiment analysis using the Stock News Sentiments RSS Feed API. Get real-time insights on market trends and make informed investment decisions today!

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title


Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
2017-2024 © Financial Modeling Prep