Message from Management

On behalf of my management team, I want to express our gratitude for your ongoing support of operations at MUFG, and to share our recent financial results.

In October 2025, MUFG celebrated its 20th anniversary in a globally dynamic operating environment, with economies and societies undergoing structural changes at remarkable speed. These have been influenced by geopolitics, inflation, and significant changes to the political situation in various countries, while domestically Japanese society is adapting to an inflationary economy with a newly inaugurated administration initiating efforts to shape a strong economy while maintaining the current smooth trajectory.

Despite challenging circumstances, our profits attributable to owners of parent increased by 34.7 billion yen year-on-year, to 1,292.9 billion yen, marking the highest interim profit in MUFG history for three consecutive years. 

Last year, we changed the closing period for Bank of Ayudhya (Krungsri) and recorded significant gains from the sale of equity holdings. However this year,  continued strong growth in customer-segment profit, greater net-interest income from last year’s bond-portfolio rebalancing, and increased earnings of equity-method investees especially from Morgan Stanley, helped us surpass last year’s results.

In light of our momentum and shifts in the business environment since the beginning of this fiscal year, we have raised our full-year target to 2,100 billion yen, representing more than 10% growth over our record-high profits last year.

In line with this upward revision of our profit target, we have decided to increase the annual dividend forecast by 10 yen compared to the previous fiscal year, up to 74 yen this fiscal year, and to repurchase our own shares up to 250 billion yen. The cumulative total for this fiscal year will be 500 billion yen.

Our current medium-term business plan is framed as “three years to pursue and produce growth” and is supported by three strategic pillars that are producing steady results.

The first pillar, Expand & Refine Growth Strategies, has supported steady expansion in our domestic deposit and loan business. Overseas, we have secured project-finance deals and strengthened Origination & Distribution to acquire more ROE-enhancing projects. In Asia, our second mother market, we are focused on furthering profitability. As a result, net operating profit grew by about 150 billion yen compared to fiscal year 2023.

Our domestic retail business announced “M-tto,” a new service brand in June, simultaneously launching group-wide campaigns and promotions including credit-card rewards with higher earning rates for points. These efforts are significantly fueling the volume of card issuances, new bank-account openings, and performance of group companies offering online securities and robo-advisory services.

The second pillar, Drive Social & Environmental Progress, has helped to steadily secure more financing deals centered on renewable-energy finance and green loans, despite some differing global vectors in sustainable investment. 

The third pillar, Accelerate Transformation & Innovation, entails driving ongoing cultural reforms, entering challenging new business areas, investing in human capital, and fortifying our foundation with AI and Data. We are doing this through unified group efforts to awaken, harness, and maximize MUFG’s intrinsic potential. 

Over the past 20 years, we have been forging our history by overcoming a host of difficulties and disruptions while being supported by our shareholders. Moving forward with MUFG’s stated purpose of empowering a brighter future, we will keep challenging ourselves in a swiftly evolving operating environment as we continue creating value. 

We sincerely appreciate your continued support.