The earnings call presented a strong performance for MUFG in the first half of FY'24, with record high net operating profits and net income, significant progress towards annual targets, and successful expense management. However, challenges in the treasury business, increased G&A expenses, and FX fluctuations were noted. Overall, the highlights significantly outweigh the lowlights.

Company Guidance

During the financial results briefing for the first half of the fiscal year ending March 31, 2025, Mitsubishi UFJ Financial Group (MUFG) provided updated performance metrics and revised targets. The Group recorded net operating profits of JPY1,305.3 billion, a year-on-year increase of JPY219.5 billion, marking its third consecutive year of record high first-half profits. Net income reached JPY1,258.1 billion, the highest since MUFG's establishment, and surpassed JPY1 trillion for the first time in the first half. Excluding changes in financial results closing dates for Morgan Stanley and Krungsri, profits increased by JPY391.5 billion. The Group achieved 83% progress towards its JPY1.5 trillion target set for the year. Key profit drivers included strong customer segment performance and gains on the sale of equity holdings. MUFG revised its net income target upwards by JPY250 billion to JPY1,750 billion and increased its annual dividend forecast to JPY60, alongside a JPY300 billion share repurchase plan. The Group's CET1 ratio stood at 11.2%, with a commitment to maintaining a target range of 9.5% to 10.5% while focusing on shareholder returns and intrinsic profit growth.

Record High Net Operating Profits

For the first half of FY'24, net operating profits were JPY1,305.3 billion, up by JPY219.5 billion year-on-year, marking the third consecutive year of record high first half profits.

Significant Increase in Net Income

Net income reached JPY1,258.1 billion, the highest profit since MUFG was established, and the first time profit exceeded JPY1 trillion in the first half.

Strong Progress Towards Annual Targets

Progress towards the JPY1.5 trillion target set at the beginning of the year is 83%, prompting an upward revision of the target for profits attributable to owners of parent to JPY1,750 billion.

Successful Expense Management

Expense ratio improved by 1.1 percentage points year-on-year to 55.1%, thanks to successful expense controls coupled with gross profit increase.

Increase in Dividends and Share Buybacks

Annual dividend forecast raised to JPY60, an increase of JPY19 compared to FY'23, along with additional share repurchase of up to JPY300 billion.

Mitsubishi UFJ Financial Group (JP:8306) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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JP:8306 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q2)	44.61 / -	60.19	―	―	―
Jul 30, 2025	2025 (Q1)	43.20 / 47.55	47.5	0.11% (+0.05)		―
May 15, 2025	2024 (Q4)	13.57 / 10.17	16.365	-37.86% (-6.19)
Feb 04, 2025	2024 (Q3)	26.78 / 42.16	30.93	36.31% (+11.23)		―
Nov 14, 2024	2024 (Q2)	37.55 / 60.19	30.67	96.25% (+29.52)
Aug 01, 2024	2024 (Q1)	37.12 / 47.50	46.44	2.28% (+1.06)		―
May 15, 2024	2023 (Q4)	12.80 / 16.36	63.04	-74.04% (-46.67)
Feb 05, 2024	2023 (Q3)	25.63 / 30.93	9.19	236.56% (+21.74)		―
Nov 14, 2023	2023 (Q2)	26.11 / 30.67	9.47	223.86% (+21.20)
Aug 01, 2023	2023 (Q1)	31.22 / 46.44	9.03	414.29% (+37.41)		―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JP:8306 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	¥2071.50	¥2089.00	+0.84%
May 15, 2025	¥1945.00	¥1930.00	-0.77%
Feb 04, 2025	¥1895.06	¥1910.31	+0.80%
Nov 14, 2024	¥1757.31	¥1769.11	+0.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mitsubishi UFJ Financial Group (JP:8306) report earnings?

Mitsubishi UFJ Financial Group (JP:8306) is schdueled to report earning on Nov 17, 2025, TBA (Confirmed).

What is Mitsubishi UFJ Financial Group (JP:8306) earnings time?

Mitsubishi UFJ Financial Group (JP:8306) earnings time is at Nov 17, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Mitsubishi UFJ Financial Group stock?

The P/E ratio of Mitsubishi UFJ Financial Group is N/A.

What is JP:8306 EPS forecast?

JP:8306 EPS forecast for the fiscal quarter 2025 (Q2) is 44.61.

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