Tag: first-quarter profit
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MUFG’s first-quarter profit climbs 48% on higher loan margins
TOKYO, Aug 3 : Mitsubishi UFJ Financial Group booked a 48 per cent jump in first-quarter profit, it said on Monday, as strong loan demand linked to the end of deflation in Japan has boosted earnings across the sector.Japan’s largest lender by assets generated 809.4 billion yen ($5.2 billion) in net profit in
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MUFG’s first-quarter profit soars 48% on higher loan margins
TOKYO, Aug 3 : Mitsubishi UFJ Financial Group booked a 48 per cent jump in first-quarter profit, it said on Monday, joining rivals in seeing earnings jump in the period as loan demand stayed strong despite volatile global markets.Japan’s largest lender by assets generated 809.4 billion yen ($5.2 billion) in
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Toyota supplier Denso posts drop in first-quarter profit
TOKYO, July 31 : Japan’s Denso, a major auto parts supplier to Toyota, posted a 21.5 per cent decline in first-quarter operating profit on Friday, as rising parts and material costs outweighed a boost from a weaker yen. The auto parts supplier, which generates around 55 per cent of its revenue from Toyota gro
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Mizuho posts 45% jump in first-quarter profit, raises annual forecast
TOKYO, July 30 : Japan’s Mizuho Financial Group reported a 45 per cent rise in first-quarter profit on Thursday, a sign that loan demand has stayed strong despite volatile global energy markets and supply chain disruptions caused by war in the Middle East.Japan’s third-largest banking group also raised its an
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Nomura’s first-quarter profit jumps 39%, boosted by markets
TOKYO, July 29 : Nomura Holdings booked a 39 per cent rise in net income in the first quarter as its trading business benefitted from volatile markets and record high stock prices boosted wealth management fees, it said on Friday.Net income at Japan’s largest investment bank and brokerage rose to 145.6 billio
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