QUOTE AND NEWS
WA Business News  Jan 11  Comment 
Fastbrick Robotics was Techboard’s highest ranking company for December, after the recently ASX-listed robotic bricklayer won the Mitsubishi Corporation WA Innovator of the Year award, and also completed an $8 million capital raising from...
Reuters  Jan 10  Comment 
Japan's Mitsubishi Rayon acquired a U.S. carbon fibre production plant from SGL Carbon for an undisclosed price to meet growing demand for composite materials for wind...
Forbes  Jan 5  Comment 
Over the next decade, research shows that a significant skills gap will leave many jobs unfilled in the manufacturing industry.
Flightglobal  Dec 20  Comment 
A third Mitsubishi Aircraft MRJ regional jet has arrived at the company s US test facility at Moses Lake.
Reuters  Dec 17  Comment 
Nissan Motor Co , Renault SA and Mitsubishi Motors Corp will combine their electric vehicle platforms in an effort to slash prices down to levels comparable to conventional gasoline cars, the Nikkei newspaper said.
newratings.com  Dec 15  Comment 
MTU Aero Engines AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution DGAP Voting Rights Announcement: MTU Aero Engines AG MTU Aero Engines AG: Release...
newratings.com  Dec 14  Comment 
VIENNA (dpa-AFX) - MTU Aero Engines AG (MTUAY.PK) announced, from 2018 onward, adjusted EBIT is expected to grow faster than revenues. Starting in 2018, MTU expects to offer its shareholders a sustained greater participation in the company's...
Reuters  Dec 14  Comment 
Nissan Motor Co Ltd and Renault SA CEO Carlos Ghosn is set to receive a third salary after Nissan-controlled Mitsubishi Motors Corp on Wednesday approved the Frenchman as its chairman along with a tripling in compensation for board members.
Reuters  Dec 9  Comment 
Michigan-based Rivian Automotive is negotiating to buy the former Mitsubishi Motors plant in Normal, Illinois, and plans to reopen it in about five years, city and state officials...




 

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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