QUOTE AND NEWS
USAToday.com  Feb 8  Comment 
Just two years ago the company seemed on verge of leaving USA.
The Times of India  Feb 7  Comment 
Engine and genset manufacturer Kirloskar Oil Engines (KOEL) and MTU Friedrichshafen, GmbH recently signed a Memorandum of Understanding (MOU).
JCN Network  Feb 6  Comment 
On March 1 (Sun) the Mitsubishi Minatomirai Industrial Museum will launch its newly renovated "Ocean" zone, an area dedicated to introducing advanced technologies relating to the earth's oceans.
USAToday.com  Feb 6  Comment 
There's a more powerful engine and some nice enhancements
The Times of India  Feb 5  Comment 
Kirloskar Oil Engines Ltd (KOEL), India’s largest engine and genset manufacturer, and MTU Friedrichshafen, GmbHsigned a Memorandum of Understanding (MOU) on 27 January 2015.
Reuters  Feb 4  Comment 
* Many firms caught flat-footed by oil price drop (Adds comment, detail)
Wall Street Journal  Feb 3  Comment 
Japan’s largest bank reported a record nine-month profit figure thanks to operations in the U.S. and Thailand, showing how international business can overcome thin margins at home for domestic lenders.
Forbes  Feb 2  Comment 
Mitsubishi UFJ Financial reports its third-quarter earnings on Tuesday, February 3, 2015.For the fiscal year, analysts are projecting earnings of 61 cents per share. For the year, revenue is expected to come in at $35.38 billion.The majority of...
Automotive World  Feb 2  Comment 
The launch of the AEC later this year will bring further challenges and opportunities, but JAMA has flagged several unresolved issues that could impact its member companies The post Mitsubishi furthers the Japanese ASEAN offensive appeared first...
Japan Today  Jan 31  Comment 
Japan Airlines and Mitsubishi Aircraft Corporation have signed an agreement for the purchase of 32 firm Mitsubishi Regional Jet (MRJ) aircraft. JAL and Mitsubishi Aircraft signed a Letter of Intent on Aug 28, 2014, and concluded the agreement...




 

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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