Mitsubishi UFJ Financial Group Reports Strong Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2024
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Source: Business Insider
Earnings Performance: Mitsubishi UFJ Financial Group reported a 21.1% increase in ordinary income for Q2, reaching 6,860,277 million yen, with ordinary profits up by 37.3% and profits attributable to owners rising by 35.7%.
Dividend Forecast and Future Goals: The company revised its dividend forecast to 60.00 yen per share for the fiscal year ending March 31, 2025, while aiming for profits attributable to owners to reach 1,750.0 billion yen amidst ongoing economic challenges.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
