QUOTE AND NEWS
WA Business News  Mar 9  Comment 
Buru Energy has announced the signing of a native title agreement with the Nyikina Mangala and Karajarri Yanja people, an important step in moving to full production at its Ungani oil project joint venture with Mitsubishi.
The Hindu Business Line  Mar 4  Comment 
Mitsubishi has opened its new showroom – ‘Vijayachandra Mitsubishi’ in Bengaluru. Vijayachandra Mitsubishi will be the latest authorised dealer for Mitsubishi range of cars, spares, and...
The Hindu Business Line  Feb 26  Comment 
Members included officials from Panasonic, Hitachi, Daiwa, Mitsubishi Research Institute
Automotive World  Feb 24  Comment 
Mitsubishi Motors North America, Inc. (MMNA) today announced specifications and pricing for the 2016 i-MiEV—a 100 percent electric-powered vehicle—which will arrive at Mitsubishi dealers across the United States in late March 2015. With a...
Japan Today  Feb 23  Comment 
Mitsubishi Heavy Industries' shares rose Monday morning after a consortium led by Japan's top heavy machinery maker struck a $3.36 billion deal to build Qatar's first subway system. The Tokyo-listed stock climbed 1.21% to 658.0 yen on news the...
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.




 

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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