QUOTE AND NEWS
Forbes  11 hrs ago  Comment 
Much work is being done today on sustainably sourcing biofuels in a way that is both cost and energy efficient. Sake brewers are joining efforts with energy companies and researchers to drive those efforts.
Forbes  Mar 17  Comment 
It has been estimated that by 2040, zero-emission energy sources will make up 60% of installed capacity. Solar and onshore wind power have garnered much attention but it is offshore wind that is one of the most robust growth areas.
Forbes  Mar 17  Comment 
The future of your commute is unlikely to lie in any one big invention. Instead it will grow out of many new innovations which can be used alongside existing technologies.
Automotive World  Mar 16  Comment 
Mitsubishi Motors in the UK has announced a series of revisions to the Mitsubishi Outlander PHEV Juro – the high specification version of the nation’s best-selling plug-in hybrid vehicle. Available to order now and priced from £33,499 after...
The Economic Times  Mar 15  Comment 
"Mitsubishi can play a role in the Indian alliance without any doubt. This will depend on the management of Mitsubishi. The platforms would be the alliance platform."
Forbes  Mar 14  Comment 
Nissan sends troops to Mitsubishi, while its head designer, himself an icon, retires.
Yahoo  Mar 14  Comment 
Southern California Edison (SCE), a unit of Edison International (EIX.N), had raised a claim with the International Chamber of Commerce (ICC) demanding compensation from MHI. Both MHI and SCE said the ICC has ordered the former to pay $125 million...
Japan Today  Mar 14  Comment 
An arbitration panel on Monday awarded California utilities $125 million in a lawsuit claiming that Mitsubishi Heavy Industries supplied faulty steam generators that helped lead to the closure of the San Onofre nuclear plant - a hollow victory...
The Economic Times  Mar 13  Comment 
Group is setting up a separate vertical, drawing on synergies from Renault, Nissan & Mitsubishi.
Yahoo  Mar 10  Comment 
Mitsubishi Motors (7211.T) and its new parent Nissan are studying joint production of pickup trucks in Southeast Asia as they look for savings within the broader Renault-Nissan alliance, a senior executive told Reuters. The Japanese groups may...




 

Mitsubishi UFJ Financial Group (NYSE:MTU) (also known as MUFG) is the world's largest bank holding company by total assets.[1] Despite having the most assets, the Japanese bank holding company is smaller in terms of market capitalization than other large money-center banks, like Wells Fargo (WFC), J P Morgan Chase (JPM), and Bank of America (BAC). The market's lower valuation stems from Mitsubishi's historically low return on assets (ROA).[2]

The Japanese bank runs a conservative book compared to industry peers, with a loan-to-capital ratio of 68%.[2] While this has limited ROA/earnings, it has kept the bank from having capital issues as European and American competitors, such as Lehman Brothers (LEH), UBS AG (UBS), and Citigroup (C).[3] Mitsubishi uses bank deposits and short-term borrowings to originate loans to corporations, governments, and individuals. MUFG also invests in Equities and bonds.

While the company is Japanese, its ADR is publicly traded (NYSE: MTU).[4] Not only does Mitsubishi's financial health and outlook affect the share price, but also the Yen/USD exchange rate. The company records earnings and assets in its local currency, so an appreciation of the Yen benefits the ADR price and increases the nominal value of dividends on its ADR shares, as it earns more in terms of US dollars.[5] A bit suprriesd it seems to simple and yet useful.

Umm, are you really just giving this info out for notinhg?

Key Trends and Forces

Yen/USD Relationship

The value of the Yen compared to the US dollar impacts the value of ADR shares of MUFG and its business operations. Mitsubishi's stock is listed on the NYSE. An increase in the value of the Yen translates to higher share price and dividend payments in the ADR shares all else constant. An appreciating Yen can purchase more US dollars. However, on the flipside, a strengthening Yen adversely impacts parts of MUFG's business. Not all foreign borrowers hedge currency, so if they took a loan out in term of Yen dollars, and the Japanese currency appreciates, this increases the payment burden on the borrower. The pressure increases borrower defaults.[5] Further, if MUFG does not hedge its foreign loans, currency movements impact earnings.

Competition

Wonderful explanation of facts aviaallbe here.

I really couldn't ask for more from this atricle.

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