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TYO:8306

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Treasury

Mitsubishi UFJ Financial Group to Fully Redeem $1.25 Billion Fixed-to-Fixed Reset Rate Notes

Mitsubishi UFJ Financial Group (TYO:8306) said that it will redeem in full its $1.25 billion, 1.640% senior callable fixed-to-fixed reset rate notes due October 13, 2027, on Oct. 13, 2026, according to a Friday release.The notes issued on Oct. 13, 2021, will be redeemed at $1,000 per $1,000 principal amount plus accrued and unpaid interest from the last interest payment date through, but not including, the redemption date.Also, no interest will accrue on or after the redemption date.

TYO:8306
Asia

Japanese Stocks Fall on High Bond Yields, Inflation Worries and Rate Hike Bets; Oil Climbs

Japanese stocks closed marginally lower on Tuesday as global bond yields rose to their highest levels, fueled by high oil prices and inflation concerns, reviving hopes of an interest rate hike.The benchmark Nikkei 225 closed down 96.59 points, or 0.15%, at 66,215.34.Oil prices extended gains on fresh US-Iran hostilities, deepening the security situation in the Middle East, with Iran making fresh strikes at the US assets in Oman and the UAE.On the corporate side, Mitsubishi UFJ Financial Group (TYO:8306) began discussions with Morgan Stanley Investment Management and BlackRock on separate collaborations to develop Japan's private credit market, MUFG said in two separate filings with the Tokyo Stock Exchange on Tuesday.Also, Bridgestone (TYO:5108) completed on Monday the acquisition of about 42.6 million shares, amounting to about 150.0 billion yen, according to a Tokyo bourse filing on Tuesday.

Nikkei 225TYO:5108TYO:8306
Asia

Mitsubishi UFJ Financial Group Discusses Japan Private Credit Collaboration with Morgan Stanley, BlackRock

Mitsubishi UFJ Financial Group (TYO:8306) began discussions with Morgan Stanley Investment Management and BlackRock on separate collaborations to develop Japan's private credit market, MUFG said in two separate filings with the Tokyo Stock Exchange on Tuesday.The proposed open-platform framework would allow a wide range of institutional investors to participate and support economic and social development in Japan, the filings said.Shares of Mitsubishi UFJ Financial Group added nearly 1% at market close.

TYO:8306
Asia

Market Chatter: MUFG Teams Up with BlackRock, Morgan Stanley to Raise Overseas Funds for Japan M&A

Mitsubishi UFJ Financial (TYO:8306) or MUFG will partner with BlackRock and Morgan Stanley to raise funds from overseas institutional investors for mergers and acquisitions of Japanese companies, Nikkei Asia reported on Tuesday.MUFG Morgan Stanley Credit Solutions, a unit of Mitsubishi UFJ Morgan Stanley Securities, will sell loan receivables to overseas investors, with transaction volume expected to reach 200 billion yen to 300 billion yen per year, the news wire said.The trio aims to create a framework to allow clients of both BlackRock and the Morgan Stanley group to participate in buyout financing deals arranged by MUFG, the publication said.MUFG and BlackRock did not respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:8306
Asia

Mitsubishi UFJ Financial to Launch Govt Bond Repo PoC via Canton Network

Mitsubishi UFJ Financial Group (TYO:8306) said it and three holding companies will launch a proof‑of‑concept to bring Japanese government bond repo transactions onto blockchain, according to a Thursday release.The Tokyo-listed group said that the transactions will be conducted using Canton Network, a blockchain purpose-built for institutional finance.The PoC is part of a series of pilot projects selected in February under the Financial Services Agency-led Payment Innovation Project.

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Asia

Mitsubishi UFJ Financial Group Profit Jumps 48% in Fiscal Q1

Mitsubishi UFJ Financial Group's (TYO:8306) profit attributable to owners of the parent jumped 48.2% to 809.4 billion yen for the fiscal first quarter, from 546.1 billion yen a year earlier.The bank's earnings per share climbed to 71.59 yen from 47.45 yen a year ago, according to a Tokyo bourse filing on Monday.Ordinary income for the three months ended June 30 increased 20.1% to 3.908 trillion yen from 3.254 trillion yen in the year-ago period.For the fiscal year ending March 31, 2027, Mitsubishi UFJ expects an attributable profit of 2.700 trillion yen.It plans to pay interim and final dividends of 35 yen per share each for the year.

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Commodities

Market Chatter: Grasim Industries Unit Set to Obtain $1.5 Billion Loan from Mitsubishi UFJ Financial

A unit of Grasim Industries (BOM:500300,NSE:GRASIM), owned by Aditya Birla Group, is set to obtain a $1.5 billion loan from Mitsubishi UFJ Financial Group (TYO:8306), Bloomberg reported citing people familiar with the matter.Aditya Birla Renewables reportedly plans to use the funding to acquire Shell's Solenergi Power, which owns the Sprng Energy group of companies.The acquisition, for which a deal was signed Monday, will add a 5-GWp contracted capacity to Aditya's renewables business.The loan will have an interest rate of around SOFR+1.6% and a term of five years, according to the report, citing the people.Mitsubishi UFJ Financial and Aditya Birla Group did not immediately respond to' requests for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:500300NSE:GRASIMTYO:8306
Asia

Market Chatter: MUFG Overtakes Toyota Motor, Kioxia as Japan's Most Valuable Company with 42 Trillion Yen Valuation

Mitsubishi UFJ Financial Group (TYO:8306) overtook Toyota Motor (TYO:7203) and memory chip manufacturer Kioxia Holdings (TYO:285A) to become the most valuable company in Japan with a total valuation of 42 trillion won, several media outlets reported Monday.The valuation is based on Mitsubishi UFJ Financial Group's stock price movement on Monday, when shares momentarily surged to 3,564 yen per share, rising 103 yen from Friday's close and hitting an all-time high, according to The Japan Times.The valuation surpassed Toyota Motor's roughly 41 trillion yen and Kioxia Holdings' 36.7 trillion yen market valuation, according to Bloomberg News.Shares of Mitsubishi UFJ Financial Group added over 2% at market close, while those of Toyota Motor declined nearly 1%.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:285ATYO:7203TYO:8306
Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen
US Markets

Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen

Japan's government has selected a SoftBank Corp.-backed (TYO:9434) consortium to lead a national effort to develop a homegrown artificial intelligence model, with total government investment poised to reach 1 trillion yen over five years.The Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) named Noetra Inc. and the National Institute of Advanced Industrial Science and Technology (AIST) as the implementers of its "Multimodal Platform Model Development Project for AI Robots and Physical AI," according to a press release on Tuesday.It follows a review of 15 proposals submitted during a public tender that ran from March 24 to April 22.The project spans fiscal years 2026 through 2030, with contracts initially signed for the first two years and continuation subject to an annual stage-gate review, NEDO said.Under the arrangement, Noetra will develop and supply "an internationally competitive" multimodal platform model while taking into account the needs of Japanese model development and utilization.AIST will work with domestic and international research institutions to carry out advanced technological development and contribute to the development of what METI described as "a future-oriented, competitive platform model."The AI model is expected to handle a range of data, including language, audio, images, videos, sensor data, and more.The government has already earmarked 387.3 billion yen for the program in its fiscal 2026 budget, funded through GX Economy Transition Bonds, according to METI's budget outline published in April.Noetra is a joint project led by SoftBank Corp., the telecommunications and internet subsidiary of SoftBank Group (TYO:9984). It counts NEC Corp. (TYO:6701), Honda Motor (TYO:7267), Sony Group (TYO:6758), Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo Mitsui Financial (TYO:8316), Mizuho Financial Group (TYO:8411), Nippon Steel (TYO:5401) and Kobe Steel (TYO:5406) as partners.Back in April, METI disclosed its ambition for Japan to capture 30%, or 20 trillion yen, of the global AI robotics market by 2040.The announcement comes amid a broader rally in Japanese AI-linked stocks that pushed the Nikkei 225 to its sharpest quarterly increase on record as of Tuesday. SoftBank Group recently overtook Toyota Motor (TYO:7203) as Japan's most valuable listed company.The Japanese initiative follows a similar push from neighboring South Korea, which also unveiled plans to build semiconductor facilities and AI data centers on Monday, enlisting chipmaker SK Hynix (KRX:000660), Samsung Electronics (KRX:005930) and internet firm Naver (KRX:035420).

Nikkei 225KRX:000660KRX:005930KRX:035420TYO:5401TYO:5406TYO:6701TYO:6758TYO:7203TYO:7267TYO:8306TYO:8316TYO:8411TYO:9434TYO:9984
Asia

SoftBank-Led Consortium to Lead Japan's 1 Trillion Yen National AI Initiative

Japan has selected a consortium backed by SoftBank Corp.(TYO:9434) to spearhead a five-year national project developing a homegrown multimodal AI platform, with total public investment expected to reach 1 trillion yen.The initiative, overseen by the Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO), will see the consortium called Noetra Inc. supply the core model while AIST will collaborate with research institutions to advance the technology, according to a joint statement on Wednesday.Noetra, a joint venture led by SoftBank Corp., includes major partners such as NEC Corp. (TYO:6701), Honda Motor (TYO:7267), Sony Group (TYO:6758), Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo Mitsui Financial (TYO:8316), Mizuho Financial Group (TYO:8411), Nippon Steel (TYO:5401) and Kobe Steel (TYO:5406).

TYO:5401TYO:5406TYO:6701TYO:6758TYO:7267TYO:8306TYO:8316TYO:8411TYO:9434
Asia

Mitsubishi UFJ Financial Group Concludes 100 Billion Yen Share Buyback

Mitsubishi UFJ Financial Group (TYO:8306) said it concluded its 100 billion yen share buyback program, repurchasing 32 million shares, according to a Friday filing on the Tokyo Stock Exchange.The repurchases were conducted through market purchases between May 18 and June 25 on the Tokyo Stock Exchange under the 45 million share buyback, equivalent to 0.40% of its outstanding shares, excluding treasury stock.The repurchases included 21.3 million shares worth 67.17 billion yen between June 1 and June 25.

TYO:8306
Asia

Fitch Affirms Three Thai Banks on High Support Possibility

Fitch Ratings on Tuesday affirmed the ratings of three Thailand-based banks, reflecting the high likelihood of extraordinary support from their shareholders or parents.The rating agency maintained the long-term issuer default rating of TMBThanachart Bank (BKK:TTB) at BBB, Bank of Ayudhya (BKK:BAY) at BBB+, and United Overseas Bank (Thai) at A-, among other ratings.Fitch expects a high likelihood of extraordinary support from the Thai government for TMBThanachart Bank if required, given its status as a domestic systemically important bank due to its scale and financial system connections.Bank of Ayudhya and United Overseas Bank (Thai) also have a high probability of support from their respective parents, Japan's Mitsubishi UFJ Financial Group (TYO:8306) and United Overseas Bank (SGX:U11).Bank of Ayudhya and United Overseas Bank (Thai) have an AAA(tha) national long-term rating, reflecting the lowest expectation of default risk compared to other Thai issuers, while TMBThanachart Bank has an AA+(tha) rating.

BKK:BAYBKK:TTBSGX:U11TYO:8306
Asia

Market Chatter: Japan Megabanks Set for Record Dividend Payouts as Profits Rise

Japan's three largest banks are expected to pay a record 2.1 trillion to 2.2 trillion yen in dividends in the current fiscal year, Nikkei Asia reported on Monday.The lenders -- Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo Mitsui Financial Group (TYO:8316) and Mizuho Financial Group (TYO:8411) -- are set to roughly double their shareholder payouts from three years ago as the end of Japan's negative interest rate policy boosts lending margins, the report said.Strong corporate demand for mergers, acquisitions and investment financing helped lift their combined net profit above 5 trillion yen in fiscal 2025, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:8306TYO:8316TYO:8411
Asia

Market Chatter: Japan's Three Top Banks Plan Joint Stablecoin Issuance by March 2027

Three of the largest banks in Japan, Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo ⁠Mitsui Financial Group (TYO:8316), and Mizuho Financial Group (TYO:8411), are poised to form a consortium to issue a jointly operated stablecoin in the current fiscal year ending in March 2027, according to a Reuters report on Wednesday, citing a joint statement from the banks.The lenders plan to ​establish a council to review operational frameworks and prepare for the issuance, the report said.Japan's Financial Services Agency has been operating a regulatory pilot since November 2025, as part of the country's ​efforts to use blockchain technology for better payment systems.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:8306TYO:8316TYO:8411
Asia

Mitsubishi HC Capital Partners with Brookfield to Buy European Renewable Energy Assets

Mitsubishi HC Capital (TYO:8593) and Canadian investment group Brookfield are establishing a joint venture to acquire and operate renewable energy assets across Europe.The initial portfolio includes roughly 570 megawatts of capacity across six countries, valued at about 400 million euros, with 10-year power purchase agreements locking in stable cash flows, according to a statement on Wednesday.The partnership, which will be officially launched in the second half of the year, will also pursue future acquisitions of additional renewable assets in Europe and Australia, focusing on onshore wind, utility-scale solar, and battery storage.Brookfield will manage day-to-day operations while both firms share control, and future deals require joint approval with pro-rata funding.

TYO:8058TYO:8306TYO:8593
Asia

Market Chatter: Japanese Asset Managers Tighten ROE Thresholds to Push Corporate Reforms

Sumitomo Mitsui Trust Group's (TYO:8309) and Mitsubishi UFJ Financial Group's (TYO:8306) units are raising their minimum return on equity (ROE) requirements from 5% to 8% for voting on board appointments, Nikkei Asia reported on Monday.The subsidiaries are Amova Asset Management and Mitsubishi UFJ Financial Trust and Banking, the report said.Amova will reject director nominations if a company's ROE stays below eight for three consecutive years and ranks in the sector's bottom half, unless its price-to-book ratio exceeds one, the news daily said.As of March, 43% of Prime market firms and 60% of Standard market firms remained below the 8% line, despite Topix 500 companies averaging roughly 10%, the publication said.An executive at Sumitomo Mitsui DS Asset Management noted that rising average ROE has made 8% the new baseline, the report said.The stricter standards aim to push companies toward better capital efficiency and reduced strategic shareholdings, it added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:8306TYO:8309
Asia

Market Chatter: MUFG to Launch Digital Financial Services for Small Businesses as Early as Next Year

Mitsubishi UFJ Financial Group (TYO:8306) plans to launch digital financial services for small and medium-sized enterprises as early as next year, targeting a large underserved segment of Japan's market, Nikkei Asia reported Friday, citing an official.Although SMEs receive 70% of all bank loans, major lenders have avoided this space due to small loan sizes, but digital services cut costs, making smaller businesses a feasible blue ocean for leading banks, the news daily said.MUFG's full-scale push will begin in 2027 with dedicated credit cards for SMEs and sole proprietors as the payment core, expanding gradually on an online portal where smaller businesses can access financing to fund management, the report said.Norihiko Sumita, president of MUFG's credit card subsidiary Mitsubishi UFJ Nicos, said the group will "create a financial platform for corporations", the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:8306
Asia

Market Chatter: Mitsubishi UFJ Mulls Stake Sale or Privatization Options for Bank Danamon Indonesia

Mitsubishi UFJ Financial Group (TYO:8306) is assessing various strategic options for Bank Danamon Indonesia, which could involve taking the lender private or divesting part of its holding to meet public ownership requirements, Bloomberg News reported on Tuesday.The Japanese banking giant has engaged a financial adviser to assist with the planning process, though no final decision has been made and a deal may not materialize, the news wire said.A representative for MUFG declined to comment to the news outlet, while Danamon said it is reviewing recent regulatory changes and will take appropriate steps to remain compliant.The development followed the new Indonesian rules introduced earlier this year, which required listed companies to raise their public floats within three years, the news outlet reported.MUFG currently holds approximately 92.5% of Danamon, which has a market capitalzation of 47 trillion rupiah, the report said.MUFG did not immediately respond to' queries at press time.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:8306
Asia

Market Chatter: Major Japanese Lenders to Roll Out Loans Backed by Enterprise Value Under New Law

A new law effective Monday enables firms to borrow using their entire enterprise value, including know-how, customer relationships, and future cash flows, as collateral, with rights recorded in a public registry, Nikkei Asia reported on Friday.Mizuho Financial's (TYO:8411) Mizuho Bank will soon issue the first loan to a pub chain operator, while Sumitomo Mitsui Financial's (TYO:8316) Sumitomo Mitsui Banking is educating its staff on managing collateral rights to prepare for such financing, the publication said.MUFG Bank (TYO:8306) also plans to enter the market, while regional institutions like Saikyo Bank, Shoko Chukin Bank, North Pacific Bank(TYO:8524), and Suwa Shinkin Bank will offer similar loans to local startups, the news agency said.In case of default, lenders can recover funds by selling the business, with the overall program designed to stimulate startup growth by leveraging technology and growth potential rather than physical assets, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:8306TYO:8316TYO:8411TYO:8524
Asia

Mitsubishi UFJ Financial Group's Profit Jumps 30% in Fiscal Year 2025

Mitsubishi UFJ Financial Group's (TYO:8306) profit attributable to owners of the parent surged 30% to 2.427 trillion yen for the fiscal year 2025 from 1.863 trillion yen a year earlier.Japan's largest financial group's earnings per share increased to 212.34 yen from 159.48 yen a year ago, according to a Tokyo bourse filing on Friday.Ordinary income climbed 7.3% to 14.621 trillion yen for the year ended March 31 from 13.63 trillion yen in the prior year.In another filing, the bank raised its final dividend to 51 yen per share, from the initially planned 39 yen, payable from June 29.MUFG has set a profit target of 2.7 trillion yen for the fiscal year 2026, instead of a formal forecast, citing uncertainties in its financial service businesses caused by economic conditions and market environments.The bank plans to pay interim and year-end dividends of 48 yen per share, each, for the year.In a separate disclosure, MUFG raised its ROE target for fiscal 2026 to 12% from 9% under its medium-term business plan, citing recent business performance that exceeded initial projections.The revision comes after the company achieved a 9% ROE in fiscal 2024, reaching its original target early.

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