QUOTE AND NEWS
The Economic Times  Apr 22  Comment 
The merger deal between its Japanese subsidiary with Mitsubishi Corporation (MC) to create a strategic company is seen as a significant positive move by TCS.
The Economic Times  Apr 21  Comment 
Mitsubishi will be a large strategic client for TCS, contributing about $250 million to the Japan unit, Chandrasekaran said.
JCN Network  Apr 11  Comment 
Canyon Works Ltd., a sewing company located in Iwaki City, Fukushima Prefecture in northeastern Japan, is the latest recipient of investment support from the Mitsubishi Corporation Disaster Relief Foundation (MCDRF).
JCN Network  Apr 11  Comment 
Sixteen barrier-free passenger boarding bridges (PBB) delivered by Mitsubishi Heavy Industries Transportation Equipment Engineering & Service Co., Ltd. (MHI-TES), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), have gone into service...
The Hindu Business Line  Apr 9  Comment 
Japanese electronics maker Mitsubishi will invest $8 million in its first production plant in Laos, reports said on Wednesday. MMC Electronics Laos Company signed a lease with an industr...
NPR  Apr 7  Comment 
Huge HD TV screens have changed the stadium experience, meaning that many fans who paid big bucks for a seat at the game will still be watching the action on TV.
JCN Network  Apr 7  Comment 
Mitsubishi Corporation (MC) and Kamigumi Co., Ltd (KG) have jointly acquired a 25% share in TCV Stevedoring Company S.A. (TCV) from Spanish global container terminal operator, Grup Maritim TCB, S.L. (GMTCB).
newratings.com  Apr 4  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 MTU Aero Engines AG 04.04.2014 11:31 Dissemination of a Voting Rights Announcement,...
Insurance Journal  Apr 2  Comment 
Hudson Insurance Group has acquired Motor Transport Underwriters Inc. (MTU), an underwriting, claims and risk management specialist in the long-haul trucking arena with which Hudson does business. The announcement said MTU will continue to be led...




 

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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki