Profile: Mitsubishi UFJ Financial Group Inc (MTU.N)
9 Dec 2016
Mitsubishi UFJ Financial Group, Inc. (MUFJ), incorporated on April 2, 2001, is a bank holding company. The Company's segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company's services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services. The Company's subsidiaries include The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) and Mitsubishi UFJ NICOS Co., Ltd.
BTMU is a commercial banking company in Japan that provides a range of domestic and international banking services. MUTB is a trust bank in Japan, providing trust and banking services to meet the financing and investment needs of clients in Japan and the rest of Asia, as well as in the United States and Europe. MUSHD is a subsidiary of MUFG. MUSHD functions as an intermediate holding company of MUFG's global securities business. MUMSS is the Company's securities and investment banking subsidiary. MUFG, through MUSHD, holds interests in MUMSS. Mitsubishi UFJ NICOS is a credit card company in Japan that issues credit cards, including those issued under the MUFG, NICOS, UFJ and DC brands, and provides a range of credit card and other related services for its card members in Japan. Mitsubishi UFJ NICOS is a subsidiary of MUFG.
Retail Banking Business Group
The Company's Retail Banking Business Group covers retail businesses, including commercial banking, trust banking and securities businesses, and offers a range of banking products and services, including financial consulting services, to retail customers in Japan. This business group integrates the retail businesses of BTMU, MUTB, MUMSS and other affiliate companies of MUFG. It offers a range of bank deposit products, including a non-interest-bearing deposit account that is redeemable on demand and intended primarily for payment and settlement functions. It also offers a range of asset management and asset administration services, and trust products and other investment products, as well as other products and services.
BTMU offers a project known as Do Smarts for individual customers. BTMU provides Retail Money Desk services at over 60 branches across Japan. MUTB branches offers Private Account, an asset management account service through which each customer can consult with his or her portfolio manager in person to manage investments according to a personalized plan.
BTMU acts as a sales channel for a range of insurance products, including annuity insurance, single premium whole life insurance, flat-rate premium whole life insurance, medical insurance, cancer insurance and nursing-care insurance. MUTB offers services, including a testamentary trust service that is known as Ishindenshin, which helps customers prepare, maintain and execute wills; an inheritance planning service that is known as Shisan Keisho Planning, which helps customers manage and analyze financial assets and real estate properties, and an inheritance procedure support service that is known as Wakachi Ai, which helps customers navigate the necessary procedures upon inheritance. BTMU and MUMSS also offer inheritance-related products and services, serving as sales agents of MUTB. MUTB's asset management service, Zutto Anshin Shintaku, helps customers and their families protect their funds, and allows them to receive funds according to their chosen plan.
BTMU and MUTB offer Internet banking services, which are known as Mitsubishi Tokyo UFJ Direct and Mitsubishi UFJ Trust Direct. Its Internet banking services allow customers to transfer money, check their balance, make time deposits, make investments, apply for housing loans and consult specialists regarding investments. Jibun Bank offers other products and services, such as yen-denominated time deposits and foreign currency deposits. Mitsubishi UFJ Nicos offers a range of credit cards, including MUFG Card (Gold Card). The Company has a network of branches in the greater Tokyo, Nagoya and Osaka areas.
Corporate Banking Business Group
The Company's Corporate Banking Business Group covers domestic corporate businesses, including commercial banking, investment banking, trust banking and securities businesses, as well as businesses outside of Japan assisting mainly Japanese companies in executing and expanding their operations. It provides various financial solutions, such as loans and fund management, remittance and foreign exchange services for small and medium-sized enterprise customers. It offers Japanese corporations advanced financial solutions, such as derivatives, securitization, syndicated loans and structured finance. Its transaction banking operations support customers with capital management, focusing on cash management and trade finance.
Trust Assets Business Group
The Company's Trust Assets Business Group covers asset management and administration services for products, such as pension trusts and security trusts. The Trust Assets Business Group provides a range of services to corporate and pension funds, including stable and secure pension fund management and administration, advice on pension schemes, and payment of benefits to scheme members. Its Integrated Trust Assets Business Group combines MUTB's trust assets business, consisting of trust assets management services, asset administration and custodial services, and the businesses of Mitsubishi UFJ Global Custody S.A., Mitsubishi UFJ Fund Services, Mitsubishi UFJ Asset Management Co., Ltd. and KOKUSAI Asset Management Co., Ltd.
Mitsubishi UFJ Global Custody S.A. and Mitsubishi UFJ Fund Services provide custody services, administration services for investment funds and fiduciary and trust accounts, and other related services to institutional investors. Mitsubishi UFJ Asset Management and KOKUSAI Asset Management provide asset management and trust products and services to individual customers and corporate clients in Japan. Its MUFG Investor Services brand provides a suite of asset administration services, including fund administration, custody, securities lending and foreign exchange.
Global Business Group
The Company's Global Business Group covers its businesses outside Japan, including commercial banking services, such as loans, deposits and cash management services, retail banking, trust assets and securities businesses. Through the Company's global network of offices and branches, it provides a range of services, including corporate banking services, such as project finance, export credit agency (ECA), finance and financing through asset-backed commercial papers. It provides commercial banking products and services primarily for various companies and financial institutions in managing and processing domestic and cross-border payments, mitigating risks in international trade, and providing working capital optimization.
Global Markets Business Group
The Company provides financing, hedging, and investing solutions to its retail, corporate, institutional, and governmental clients, through foreign exchange, bonds, equities, derivatives and money market products. It is engaged in developing a range of financial products and services.
Mitsubishi UFJ Financial Group Inc
Bank of Tokyo-Mitsubishi UFJ
CHIYODA-KU TKY 100-8330
Company Web Links
- MOVES-MUFG names Christopher Marks head of emerging markets, EMEA
- MUFG first-half profit slides as negative rates hurt loan business
- MUFG plans Asia back-office centre in Manila - sources
- BRIEF-R&I affirms Mitsubishi UFJ Financial Group Inc's rating at "A+" and announces stable outlook -R&I
- MUFG to buy mutual fund administration business: source