Mitsubishi UFJ Reports Solid Q1 Growth

Mitsubishi UFJ (MUFG) has released an update.

Mitsubishi UFJ Financial Group has reported a robust financial performance for the first quarter ending June 30, 2024, with a significant increase in ordinary income by 27.1% from the previous year, although profits attributable to owners of the parent slightly decreased by 0.4%. The company’s total assets grew, and a solid equity-to-asset ratio of 5.0% was maintained. Additionally, Mitsubishi UFJ announced a forecasted dividend increase for the fiscal year ending March 31, 2025.

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