The earnings call presented a positive outlook with record high profits and an upward revision of earnings targets. Shareholder returns were increased with higher dividend forecasts and share repurchases. However, the performance in global markets and the impact of FX fluctuations presented challenges. Overall, the positive highlights significantly outweighed the lowlights.

Company Guidance

During the call, Mitsubishi UFJ Financial Group (MUFG) provided detailed guidance for the first half of fiscal year 2024, highlighting key financial metrics and future targets. The group reported a record high net operating profit of JPY1,305.3 billion, a year-on-year increase of JPY219.5 billion, marking the third consecutive year of record profits for the first half. Net income also reached an unprecedented JPY1,258.1 billion, the first time it exceeded JPY1 trillion in the first half. The company revised its fiscal year 2024 profit target upwards to JPY1,750 billion, reflecting an 83% progress towards its initial target. The increase in profits was driven by strong customer segment performance and significant gains from the sale of equity holdings. MUFG also announced an increase in its annual dividend forecast to JPY60 and plans for an additional JPY300 billion share repurchase, with a focus on maintaining a CET1 ratio within the target range of 9.5% to 10.5%. The bank aims to achieve a return on equity (ROE) of around 9% ahead of schedule, with plans to revise its medium to long-term targets to reflect ongoing growth and profitability improvements.

Record High Profits

Net operating profits were JPY 1,305.3 billion, up by JPY 219.5 billion year-on-year, marking the third consecutive year of record high first half profits. Net income reached JPY 1,258.1 billion, the highest profit since MUFG was established.

Revised Upward Earnings Targets

The company revised its net income target upwards by JPY 250 billion to JPY 1,750 billion for FY'24, due to strong growth in customer segments and progress in equity holdings sales.

Increased Shareholder Returns

Annual dividend forecast raised to JPY 60, an increase of JPY 10 against the initial forecast, with additional share repurchase of up to JPY 300 billion.

Improved Expense Ratio

Expense ratio improved by 1.1 percentage points year-on-year to 55.1% due to successful expense controls and gross profit increase.

Reduction in Equity Holdings

Significant reduction in equity holdings, with sales reaching JPY 170 billion in the first half, and an agreed amount to be sold reaching over 60% of the revised target.

Mitsubishi UFJ (MUFG) 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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MUFG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q2)	0.29 / -	0.388	―	―	―
Aug 04, 2025	2025 (Q1)	0.29 / 0.32	0.324	-0.62% (>-0.01)		―
May 15, 2025	2024 (Q4)	0.09 / 0.07	0.105	-33.33% (-0.03)
Feb 04, 2025	2024 (Q3)	0.17 / 0.28	0.209	32.54% (+0.07)		―
Nov 14, 2024	2024 (Q2)	0.27 / 0.39	0.203	91.13% (+0.18)
Aug 01, 2024	2024 (Q1)	0.24 / 0.32	0.324	0.00% (0.00)		―
May 15, 2024	2023 (Q4)	0.08 / 0.10	0.462	-77.27% (-0.36)
Feb 05, 2024	2023 (Q3)	0.17 / 0.21	0.07	198.57% (+0.14)		―
Nov 14, 2023	2023 (Q2)	0.17 / 0.20	0.068	198.53% (+0.14)
Aug 01, 2023	2023 (Q1)	0.22 / 0.32	0.067	383.58% (+0.26)		―

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

MUFG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$13.92	$13.78	-1.01%
May 15, 2025	$13.20	$13.46	+1.97%
Feb 04, 2025	$12.29	$12.29	0.00%
Nov 14, 2024	$11.32	$11.88	+4.95%

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 (MUFG) report earnings?

Mitsubishi UFJ (MUFG) is schdueled to report earning on Nov 17, 2025, TBA (Confirmed).

What is Mitsubishi UFJ (MUFG) earnings time?

Mitsubishi UFJ (MUFG) 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 MUFG EPS forecast?

MUFG EPS forecast for the fiscal quarter 2025 (Q2) is 0.29.

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