Mitsubishi UFJ Financial Group Inc (JP:8306)
:8306
Want to see JP:8306 full AI Analyst Report?
Top Page
Mitsubishi UFJ Financial Group
(8306)
Select Model
Select Model
Rating:67Neutral
Price Target:
¥3,178.00
▲(10.73% Upside)
Action:Reiterated
Date:05/17/26
The score is driven primarily by improved financial performance (stronger revenue/profitability and higher ROE), tempered by high leverage and volatile cash flow. Technicals add support via a clear uptrend and positive momentum, while valuation is reasonable with a moderate P/E and a mid-single-digit dividend yield.
Positive Factors
Diversified business model and scale
MUFG’s broad set of businesses — retail and corporate banking, trust, securities, investment banking, and asset/wealth management — creates multiple durable revenue streams and cross-sell opportunities. Scale across segments and geographies supports fee resilience and risk diversification over time.
Negative Factors
High leverage
While high leverage is common in banking, MUFG’s elevated debt-to-equity and rising absolute debt increase sensitivity to funding-cost shocks and regulatory capital pressures. This constrains balance-sheet flexibility, raises refinancing risk in stressed markets, and can amplify earnings volatility.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model and scale
MUFG’s broad set of businesses — retail and corporate banking, trust, securities, investment banking, and asset/wealth management — creates multiple durable revenue streams and cross-sell opportunities. Scale across segments and geographies supports fee resilience and risk diversification over time.
Read all positive factors
Mitsubishi UFJ Financial Group (8306) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥33.53T
Dividend Yield2.94%
Average Volume (3M)37.76M
Price to Earnings (P/E)13.7
Beta (1Y)1.45
Revenue Growth2.66%
EPS Growth33.44%
CountryJP
Employees140,000
SectorFinancial
Sector Strength70
IndustryBanks - Diversified
Share Statistics
EPS (TTM)164.85
Shares Outstanding11,867,711,000
10 Day Avg. Volume42,084,210
30 Day Avg. Volume37,758,953
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)1.33
Price to Sales (P/S)2.20
P/FCF Ratio3.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)221.53
Revenue Forecast (FY)¥5.89T
Mitsubishi UFJ Financial Group Business Overview & Revenue Model
Company Description
Mitsubishi UFJ Financial Group, Inc. operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Busi...
How the Company Makes Money
MUFG primarily makes money through its banking and financial services businesses. A core earnings driver is net interest income: it takes deposits and other funding, extends loans and other interest-earning assets (e.g., corporate and consumer loa...
Mitsubishi UFJ Financial Group Earnings Call Summary
Earnings Call Date:Nov 14, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Aug 04, 2026
Earnings Call Sentiment Positive
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.Positive Updates
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.
Negative Updates
Decline in Treasury Business Profits
Global markets business group's profits in the treasury business decreased due to the limited decline in US interest rates.
Read all updates
Q2-2025 Updates
Positive
Negative
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.
Read all positive updates
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.Mitsubishi UFJ Financial Group Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
62
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.25T | 13.44T | 12.43T | 10.89T | 8.43T | 5.25T |
| Gross Profit | 7.06T | 7.64T | 7.03T | 5.38T | 5.38T | 4.37T |
| EBITDA | 2.58T | 3.77T | 2.97T | 2.41T | 1.90T | 1.85T |
| Net Income | 1.90T | 2.43T | 1.86T | 1.49T | 1.12T | 1.13T |
Balance Sheet | ||||||
| Total Assets | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Cash, Cash Equivalents and Short-Term Investments | 94.09T | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Total Debt | 77.54T | 78.35T | 67.30T | 61.23T | 62.41T | 46.73T |
| Total Liabilities | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Stockholders Equity | 20.88T | 22.27T | 20.52T | 19.59T | 17.23T | 17.02T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 7.63T | -450.29B | -10.31T | 13.03T | 9.46T |
| Operating Cash Flow | 0.00 | 7.94T | 6.42B | -9.84T | 13.43T | 9.84T |
| Investing Cash Flow | 0.00 | -18.89T | -186.95B | 3.99T | -10.68T | -2.20T |
| Financing Cash Flow | 0.00 | -8.72T | -861.12B | 8.31B | -977.14B | -1.08T |
Mitsubishi UFJ Financial Group Technical Analysis
Positive
2870.00
Price Trends
2842.95
Positive
2805.13
Positive
2546.46
Positive
Market Momentum
55.32
Positive
57.17
Neutral
18.12
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8306, the sentiment is Positive. The current price of 2870 is below the 20-day moving average (MA) of 2960.62, above the 50-day MA of 2842.95, and above the 200-day MA of 2546.46, indicating a bullish trend. The MACD of 55.32 indicates Positive momentum. The RSI at 57.17 is Neutral, neither overbought nor oversold. The STOCH value of 18.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8306.
Mitsubishi UFJ Financial Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥1.92T | 4.30 | 20.02% | 2.63% | 31.37% | 148.24% | |
70 Outperform | ¥17.54T | 13.93 | 9.14% | 2.38% | -0.74% | 43.85% | |
70 Outperform | ¥22.21T | 13.88 | 9.58% | 2.73% | 3.74% | 36.74% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ¥33.53T | 13.68 | 9.01% | 2.94% | 2.66% | 33.44% | |
62 Neutral | ¥10.97T | 20.10 | 5.28% | 2.73% | 26.25% | 28.43% | |
59 Neutral | ¥3.70T | 10.32 | 10.23% | 3.93% | 0.46% | 6.87% |
* Financial Sector Average
JP:8306
Mitsubishi UFJ Financial Group
3,023.00
1,090.26
56.41%
JP:7182
Japan Post Bank Co
3,009.00
1,500.60
99.48%
JP:8411
Mizuho Financial Group
7,185.00
3,320.95
85.94%
JP:8604
Nomura Holdings
1,298.50
452.90
53.56%
JP:8473
SBI Holdings
2,911.00
780.58
36.64%
JP:8316
Sumitomo Mitsui Financial Group
5,861.00
2,322.39
65.63%
Mitsubishi UFJ Financial Group Corporate Events
MUFG Lifts Year-End Dividend After Profit Beat, Boosting Shareholder Returns
May 15, 2026
Mitsubishi UFJ Financial Group, Inc. is one of the world’s largest financial institutions, headquartered in Tokyo and operating about 2,000 locations in over 40 countries. It provides a wide range of services spanning commercial and trust ba...
MUFG Lifts FY2026 ROE Target to 12% After Beating Plan Ahead of Schedule
May 15, 2026
Mitsubishi UFJ Financial Group has raised the return on equity target in its Medium-term Business Plan for the three-year period starting FY2024, lifting the FY2026 goal from about 9% to approximately 12%. The new target now aligns with the Tokyo ...
MUFG Launches ¥100 Billion Share Buyback to Boost Capital Efficiency
May 15, 2026
Mitsubishi UFJ Financial Group, Inc., a major global financial institution based in Tokyo, provides a wide range of services including commercial and trust banking, securities, credit cards, consumer finance, asset management, and leasing through ...
MUFG Delivers Profit Surge and Lifts Dividends on Strong FY 2026 Results
May 15, 2026
Mitsubishi UFJ Financial Group reported strong results for the fiscal year ended March 31, 2026, with ordinary income rising 7.3% to ¥14.62 trillion and profits attributable to owners of the parent jumping 30.3% to ¥2.43 trillion, suppor...
MUFG refreshes top executive lineup in commercial banking and strategy roles
Mar 5, 2026
Mitsubishi UFJ Financial Group will implement regular leadership changes in its top management, appointing Takuya Tanaka as Senior Managing Corporate Executive and Representative Corporate Executive, with responsibility for the Commercial Banking ...
MUFG Completes ¥250 Billion Share Repurchase Program
Mar 2, 2026
Mitsubishi UFJ Financial Group has completed a previously authorized share repurchase program, buying back 24,411,800 common shares on the Tokyo Stock Exchange between February 1 and February 27, 2026. This latest tranche formed part of a broader ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.