Mitsubishi UFJ Financial Group announced that it expects consolidated net profit of ¥2.8 trillion for the fiscal year ending March 2027, a 15% increase from the previous fiscal year and a record high for the fourth consecutive year.
Mitsubishi UFJ Financial Group expects consolidated net profit of ¥2.8 trillion for the fiscal year ending March 2027, raising its previous forecast by ¥100 billion. As a result, the company is expected to set a new record high for net profit for the fourth consecutive year.
In its consolidated results for April–September 2026, net profit rose 26% from the same period a year earlier to ¥1.6308 trillion, setting a new record for the April–September period.
The faster pace of rate hikes by the Bank of Japan is believed to have enabled continued improvement in net interest margins as interest rates rose.
There is also a view that the upward revision was supported by improvements in the banks’ earnings base, against a backdrop of higher interest rates for small and mid-sized businesses.