TOKYO -- Mitsubishi UFJ Financial Group, Japan's biggest banking group, faces the risk of a multibillion-dollar write-down on its controlling stake in an Indonesian lender whose share price plummeted in recent weeks.
The impairment charge, which could amount to about 300 billion yen ($2.76 billion), would threaten to plunge MUFG into the first April-June quarter loss since the group formed in 2005.
