← Back to KHAO

Japan ·

Mitsubishi UFJ passes Toyota to lead Japan’s market value rankings

2 min read

Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.

◌ Single Source

Mitsubishi UFJ passes Toyota to lead Japan’s market value rankings

Mitsubishi UFJ overtakes Toyota as Japan’s most valuable company

Key facts

Summary

Expectations of stronger earnings after the Bank of Japan’s rate increases lifted the megabank’s shares to a record and pushed its valuation above 42 trillion yen.

Mitsubishi UFJ Financial Group Inc. overtook Toyota Motor Corp. to become Japan’s most valuable company by market capitalisation for the first time on Monday, 13 July, as the Bank of Japan’s interest-rate increases improved the operating environment for banks and strengthened expectations of profit growth.

Read full article at Nation Thailand →

#Japan