NYSE:MUFG

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Mitsubishi UFJ Financial Group

Executive Summary

Mitsubishi UFJ Financial Group, Inc., a bank holding company, provides financial services in Japan, the United States, and Asia/Oceania. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Mitsubishi UFJ Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MUFG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.9%

MUFG

-7.1%

US Banks

-2.4%

US Market


1 Year Return

-17.8%

MUFG

-31.9%

US Banks

12.0%

US Market

Return vs Industry: MUFG exceeded the US Banks industry which returned -31.9% over the past year.

Return vs Market: MUFG underperformed the US Market which returned 12% over the past year.


Shareholder returns

MUFGIndustryMarket
7 Day-0.9%-7.1%-2.4%
30 Day2.4%-8.4%-6.5%
90 Day6.6%-3.4%8.4%
1 Year-15.9%-17.8%-29.5%-31.9%14.5%12.0%
3 Year-29.4%-34.9%-23.2%-29.5%34.8%25.8%
5 Year-23.7%-33.2%13.8%-0.1%82.1%61.6%

Price Volatility Vs. Market

How volatile is Mitsubishi UFJ Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mitsubishi UFJ Financial Group undervalued compared to its fair value and its price relative to the market?

57.71x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MUFG ($4.19) is trading above our estimate of fair value ($2.97)

Significantly Below Fair Value: MUFG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MUFG is poor value based on its PE Ratio (57.7x) compared to the US Banks industry average (9.3x).

PE vs Market: MUFG is poor value based on its PE Ratio (57.7x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: MUFG is poor value based on its PEG Ratio (4.8x)


Price to Book Ratio

PB vs Industry: MUFG is good value based on its PB Ratio (0.4x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Mitsubishi UFJ Financial Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUFG's forecast earnings growth (12.1% per year) is above the savings rate (2.2%).

Earnings vs Market: MUFG's earnings (12.1% per year) are forecast to grow slower than the US market (22.9% per year).

High Growth Earnings: MUFG's earnings are forecast to grow, but not significantly.

Revenue vs Market: MUFG's revenue is expected to decline over the next 3 years (-0.5% per year).

High Growth Revenue: MUFG's revenue is forecast to decline over the next 3 years (-0.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MUFG's Return on Equity is forecast to be low in 3 years time (4.6%).


Next Steps

Past Performance

How has Mitsubishi UFJ Financial Group performed over the past 5 years?

-16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUFG has a large one-off loss of ¥451.3B impacting its June 30 2020 financial results.

Growing Profit Margin: MUFG's current net profit margins (2.6%) are lower than last year (20.5%).


Past Earnings Growth Analysis

Earnings Trend: MUFG's earnings have declined by 16% per year over the past 5 years.

Accelerating Growth: MUFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MUFG had negative earnings growth (-87.6%) over the past year, making it difficult to compare to the Banks industry average (-3%).


Return on Equity

High ROE: MUFG's Return on Equity (0.6%) is considered low.


Next Steps

Financial Health

How is Mitsubishi UFJ Financial Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: MUFG's Assets to Equity ratio (20.2x) is very high.

Allowance for Bad Loans: MUFG has a low allowance for bad loans (83%).

Low Risk Liabilities: 64% of MUFG's liabilities are made up of primarily low risk sources of funding.

Loan Level: MUFG has an appropriate level of Loans to Assets ratio (33%).

Low Risk Deposits: MUFG's Loans to Deposits ratio (54%) is appropriate.

Level of Bad Loans: MUFG has an appropriate level of bad loans (1%).


Next Steps

Dividend

What is Mitsubishi UFJ Financial Group current dividend yield, its reliability and sustainability?

5.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUFG's dividend (5.68%) is higher than the bottom 25% of dividend payers in the US market (1.75%).

High Dividend: MUFG's dividend (5.68%) is in the top 25% of dividend payers in the US market (4.99%)


Stability and Growth of Payments

Stable Dividend: MUFG's dividends per share have been stable in the past 10 years.

Growing Dividend: MUFG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (327.6%), MUFG's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Hironori Kamezawa (59 yo)

0.42

Tenure

JP¥128,000,000

Compensation

Mr. Hironori Kamezawa is President and Group Chief Executive Officer at Mitsubishi UFJ Financial Group, Inc. since April 1, 2020 and has been its Director since June 2019 and served as its Deputy President ...


CEO Compensation Analysis

Compensation vs Market: Hironori's total compensation ($USD1.21M) is below average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Hironori's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Nobuyuki Hirano
Chairman & Corporate Executive1.42yrsJP¥181.00m0.00064%
¥ 342.6k
Hironori Kamezawa
President0.42yrJP¥128.00m0.00020%
¥ 107.1k
Kanetsugu Mike
Deputy Chairman of the Board & Representative Corporate Executive0.42yrJP¥215.00m0.00038%
¥ 203.4k
Saburo Araki
Deputy Chairman & Representative Corporate Executive2.42yrsJP¥137.00m0.0016%
¥ 878.0k
Iwao Nagashima
Deputy Chairman & Representative Corporate Executive0.42yrJP¥113.00m0.00071%
¥ 380.1k
Takayoshi Futae
Sr. Managing Corporate Exec. and Group Head of Global Commercial Banking Business Group & Group COO1.42yrsJP¥101.00m0.000070%
¥ 37.5k
Masato Miyachi
Senior Managing Corporate Executive and Group Head of Global Corporate & Investment Banking Business2.17yrsJP¥190.00m0.000060%
¥ 32.1k
Kenji Yabuta
Sr. Managing Corp. Executive and Group Head of Japanese Corp. & Investment Banking Business Group2.42yrsJP¥127.00m0.00030%
¥ 160.6k
Naoki Hori
Senior Managing Corporate Executive and Group Head of Retail & Commercial Banking Business Group4.33yrsJP¥129.00m0.00033%
¥ 176.7k
Tetsuya Yonehana
Senior Managing Corporate Executive & Group CFO0.42yrno data0.00018%
¥ 96.4k
Hiroki Kameda
Managing Corporate Executive & Group Chief Information Officer1.42yrsno data0.00035%
¥ 187.4k
Taka Saka
Senior IR Managerno datano datano data

1.4yrs

Average Tenure

59yo

Average Age

Experienced Management: MUFG's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Nobuyuki Hirano
Chairman & Corporate Executive1.42yrsJP¥181.00m0.00064%
¥ 342.6k
Hironori Kamezawa
President0.42yrJP¥128.00m0.00020%
¥ 107.1k
Kanetsugu Mike
Deputy Chairman of the Board & Representative Corporate Executive0.42yrJP¥215.00m0.00038%
¥ 203.4k
Saburo Araki
Deputy Chairman & Representative Corporate Executive2.42yrsJP¥137.00m0.0016%
¥ 878.0k
Iwao Nagashima
Deputy Chairman & Representative Corporate Executive0.42yrJP¥113.00m0.00071%
¥ 380.1k
John Roos
Member of Global Advisory Board6.92yrsno datano data
Akio Mimura
Member of Global Advisory Boardno datano datano data
Hirofumi Nomoto
Independent Outside Director1.25yrsno data0.00019%
¥ 101.7k
Junichi Okamoto
Non-Executive Director3.25yrsno data0.0014%
¥ 760.2k
Haruka Matsuyama
Independent Outside Director6.25yrsno data0.000030%
¥ 16.1k
Akira Yamate
Independent Outside Director5.25yrsno datano data
Mariko Fujii
Independent Outside Director1.25yrsno datano data

1.4yrs

Average Tenure

64.5yo

Average Age

Experienced Board: MUFG's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mitsubishi UFJ Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mitsubishi UFJ Financial Group, Inc.
  • Ticker: MUFG
  • Exchange: NYSE
  • Founded: 1880
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: JP¥5.655t
  • Listing Market Cap: JP¥53.536b
  • Shares outstanding: 12.84b
  • Website: https://www.mufg.jp

Number of Employees


Location

  • Mitsubishi UFJ Financial Group, Inc.
  • 7-1, Marunouchi 2-chome
  • Chiyoda-ku
  • Tokyo
  • 100-8330
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MUFG NBMV (Bolsa Mexicana de Valores)ADR EACH REP 1 ORD NPVMXMXNSep 1989
MUFGNYSE (New York Stock Exchange)ADR EACH REP 1 ORD NPVUSUSDSep 1989
MFZADB (Deutsche Boerse AG)ADR EACH REP 1 ORD NPVDEEURSep 1989
MFZABST (Boerse-Stuttgart)ADR EACH REP 1 ORD NPVDEEURSep 1989
MBFJ.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2001
8306TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYApr 2001
MFZDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2001

Biography

Mitsubishi UFJ Financial Group, Inc., a bank holding company, provides financial services in Japan, the United States, and Asia/Oceania. The company’s Retail & Commercial Banking Business Group segment off ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/26 06:13
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.