Against the backdrop of higher BOJ interest rates, the five major banking groups, including Mitsubishi UFJ Financial Group, posted consolidated net income of ¥3.9542 trillion for the April-September 2026 period, up 22% year on year and a record high.
According to Nikkei reports, the five major banking groups announced their results for the April-September 2026 period, with combined consolidated net income rising 22% year on year to ¥3.9542 trillion. This marked a record high for the April-September period for the fourth consecutive year. The rise in lending rates resulting from BOJ rate hikes was cited as the main factor, with interest income reportedly increasing.
The three megabank groups, whose results were announced on the same day, each posted record net income. Mitsubishi UFJ FG was reported to have risen 26% to ¥1.6308 trillion, while Sumitomo Mitsui FG was up 7%. These figures were presented as the banks' consolidated results.
The results were reportedly affected by interest rate trends, with higher lending rates cited as a factor pushing up the banks' interest income. Further reports are expected to focus on other indicators and developments at individual banks.