QUOTE AND NEWS
The Economic Times  Sep 7  Comment 
GreyOrange, founded by BITS-Pilani graduates Samay Kohli and Akash Gupta, produces up to 1,500 robots a month and has R&D centres in the US, China and India.
The Economic Times  Sep 6  Comment 
M Murali, Managing Director of Shriram Properties said “We are pleased to have a global giant like Mitsubishi as our partner and be part of their maiden investment in the residential sector in India.
Japan Today  Sep 3  Comment 
Mitsubishi Heavy Industries Ltd will enter the luxury ferry market in Europe as part of the restructuring of its ship-building business. Its Mitsubishi Shipbuilding Co subsidiary will expand…
The Economic Times  Sep 3  Comment 
"US shares and only a handful of countries are likely to continue to attract global funds," said Mitsubishi's Fujito.
Flightglobal  Aug 31  Comment 
China Southern Airlines has taken control of the 50% stake in engine shop MTU Maintenance Zhuhai previously held by its parent company, China Southern Air Holding.
Clusterstock  Aug 23  Comment 
Fred Diaz took over as president and CEO of Mitsubishi Motor North America in April. Diaz, a former executive with Nissan and RAM Trucks, will be tasked with returning Mitsubishi to prominence in the US. Mitsubishi has experienced sales growth...
Clusterstock  Aug 22  Comment 
Fred Diaz took over as president and CEO of Mitsubishi Motor North America in April. Diaz, a former executive with Nissan and RAM Trucks, will be tasked with returning Mitsubishi to prominence in the US. Mitsubishi has experienced sales growth...
Financial Times  Aug 16  Comment 
Mitsubishi Hitachi Power Systems gains market share in battle with GE and Siemens
The Economic Times  Aug 8  Comment 
The loans will be provided by pledging the balance sheet of Arysta LifeScience.




 

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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