● $Mitsubishi UFJ Financial Group (8306.JP)$(MUFG) plans to announce its earnings for the fiscal year ending March 2024 on May 15.
● At the time of the interim earnings announcement, the performance forecast for the fiscal year ending March 2024 is as follows: Operating profit is expected to decrease by 9.0% from the previous year to 1.45 trillion yen, ordinary profit is expected to increase by 81.2% to 1.85 trillion yen, and net profit is expected to increase by 16.4% to 1.3 trillion yen.
● As of the third quarter earnings report, operating profit has reached 1.5202 trillion yen, ordinary profit at 1.8019 trillion yen, and net profit at 1.2979 trillion yen, all surpassing the full-year performance forecast.They are all exceeding the full-year performance forecast.。In terms of profit, it has already exceeded the previous fiscal year's full year, and net profit has set a new record for the full year.。
There is a possibility of additional shareholder returns in response to the situation of falling below the PBR of 1, considered as a "passing point".If profits continue to accumulate at a pace similar to the third quarter and the dividend payout ratio target for the 2023 fiscal year of 40% is achieved, there is room for increasing dividends.。
According to evaluations by 12 analysts, 41.67% are bullish and somewhat bullish, while 8.33% are neutral and somewhat bearish, resulting in an overall assessment...