Mitsubishi UFJ Financial Group
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Mitsubishi UFJ Financial Group (8306) investor relations material

Mitsubishi UFJ Financial Group Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary4 Feb, 2026

Executive summary

  • Net operating profits reached ¥1,905.9bn, up ¥275.0bn year-over-year, achieving 84.7% of the FY25 target, driven by customer segment growth and improved interest income, including benefits from prior bond portfolio rebalancing.

  • Net income rose to ¥1,813.5bn, up ¥87.8bn year-over-year, with 86.4% progress toward the revised FY25 target of ¥2.1tn, supported by steady NOP growth and equity in earnings of investees.

  • Ordinary income for the nine months ended December 31, 2025, rose 3.6% year-over-year to ¥10,643.8bn, with ordinary profits up 3.6% to ¥2,509.3bn and profits attributable to owners of parent up 3.7% to ¥1,813.5bn.

  • Comprehensive income increased 30.0% year-over-year to ¥2,188.8bn.

  • Achieved a historical high for 1-3Q net income.

Financial highlights

  • Gross profits increased by ¥347.7bn year-over-year to ¥4,469.1bn, reflecting overseas acquisitions, higher JPY interest rates, and increased fee revenues.

  • Net interest income grew by ¥19.2bn year-over-year to ¥2,193.3bn.

  • Total assets as of December 31, 2025, were ¥418,107.9bn, up from ¥413,113.5bn at March 31, 2025.

  • G&A expenses increased by ¥156.5bn year-over-year to ¥2,563.2bn, mainly due to overseas acquisitions and inflation, but the expense ratio improved by 1.0 ppt to 57.3%.

  • ROE (JPX basis) was 11.5%, nearly flat year-over-year.

Outlook and guidance

  • Progress toward the full-year net income target of ¥2.1tn remains solid at 86.4%, with the target revised upward in interim results.

  • The target for profits attributable to owners of parent for the fiscal year ending March 31, 2026, remains at ¥2,100.0bn.

  • Dividend forecast for the fiscal year ending March 31, 2026, is ¥74.00 per share, up from ¥64.00 in the prior year.

What factors drove Global Markets' profit surge?
Explain the reduced credit loss adjustments
Explain the increase in hedging instrument losses
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Frequently asked questions

Mitsubishi UFJ Financial Group, Inc. engages in the provision of banking services. It operates through the following segments: Banking, Trust, Leasing and Others. The Banking segment offers deposits, loans and leasing, remittance, agency business and international corporate banking services. The Trust segment provides investment trust product planning and intermediary sales, fiduciary transactions and services, various employee benefit-linked financial transactions and investment advisory/management services. The Leasing segment as financial leasing business in which it funds the principal portion of leases by borrowing funds on its own account through medium term notes and notes issued with guarantees. The Others segment refers to corporate operations support divisional activities. The company was founded on January 1, 2006 and is headquartered in Tokyo, Japan.

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