Mitsubishi UFJ Financial Group's net profit attributable to shareholders rose 48.2% year-on-year to ¥809.4bn in the quarter to June 2026, according to the group's first-quarter results filed with the Tokyo Stock Exchange. Ordinary profit, the bank's preferred measure of core earnings, climbed 57.8% to ¥1.12tn, while ordinary revenue rose 20.1% to ¥3.91tn. Earnings per share rose to ¥71.77 from ¥47.55 a year earlier, and total assets stood at ¥433.91tn at the end of June, up from ¥431.73tn at the end of March.
Despite the jump, the bank left both of its headline targets untouched. It is still aiming for ¥2.7tn in net profit for the year to March 2027, unchanged from the target it set on 15 May 2026. It also kept its full-year dividend forecast at ¥96 per share, split evenly between a ¥48 interim payment and a ¥48 year-end payment, and the filing notes no revision from its most recently disclosed dividend forecast. That is above the ¥86 actually paid out for the year to March 2026, but the guidance itself did not move even after a strong opening quarter.
| Metric | Q1 to June 2026 | Q1 to June 2025 |
|---|---|---|
| Ordinary revenue | ¥3.91tn | ¥3.25tn |
| Ordinary profit | ¥1.12tn | ¥708.5bn |
| Net profit (parent) | ¥809.4bn | ¥546.1bn |
| Earnings per share | ¥71.77 | ¥47.55 |
The quarter's strength came from markets and shareholdings as much as from lending. Gains on stock sales more than doubled to ¥106.7bn from ¥40.2bn a year earlier, and income from equity-method affiliates rose to ¥261.6bn from ¥158.0bn. Domestic lending margins widened at the group's main banking unit, Mitsubishi UFJ Bank: its loan yield rose to 1.45% from 1.06%, while what it pays on deposits rose more slowly, to 0.28% from 0.16%, widening the lending spread to 1.16% from 0.90%.
Credit quality improved on the surface: the group's non-performing loan ratio fell to 0.80% at the end of June from 0.96% at the end of March. Even so, Mitsubishi UFJ Bank increased a forward-looking reserve overlay tied to uncertainty around the Middle East to ¥28.4bn from ¥24.4bn at the end of March, and the filing said the assumptions behind that buffer carry high uncertainty and could still move provisions in the half-year results. Treasury shares held by the group rose to about 611.9mn from 580.1mn at the end of March.
The figures are unaudited. MUFG said the accountants' review report will be attached to a follow-up disclosure due on 6 August 2026.