TOKYO -- Leading Japanese bank Mitsubishi UFJ Financial Group aims to earn 1.6 trillion yen ($10.2 billion) or more in net profit for fiscal 2026, Nikkei has learned, raising the bar for its performance in response to higher interest rates.
The group will detail its new three-year business plan in an earnings presentation Wednesday. The old medium-term plan through fiscal 2023, which ended this March, had targeted a consolidated net profit of 1 trillion yen or more.
