Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Mitsubishi UFJ Financial Group Inc.

Mitsubishi UFJ Financial Group Inc.

Published May 10, 2009

8201 words — Published May 10, 2009

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Abstract:

Potential support from government Comprehensive risk management system Higher capital quality than its major domestic peers Risk of rise in credit costs due to economic downturn Impairment of marketable securities due to sluggish share prices Appraisal losses or impairment losses given the deteriorating overseas asset-backed securities (ABS) market Mitsubishi UFJ Financial Group Inc. (MUFG; A/Stable/--) concluded a strategic capital alliance with U.S.-based Morgan Stanley (A/Negative/A-1) in October 2008. Standard&Poor's expects the negative impact of MUFG's investment in Morgan Stanley on the bank's capital to be within a manageable level in terms of the current rating. We will scrutinize the impact of any changes in strategy on the company's earnings and financial profile. The rating on MUFG reflects its

Brief Excerpt:

RESEARCH Mitsubishi UFJ Financial Group Inc. Publication date: 10-May-2009 Primary Credit Analyst: Ryoji Yoshizawa, Tokyo (81) 3-4550-8453; ryoji_yoshizawa@standardandpoors.com Major Rating Factors Counterparty Credit Rating A/Stable/--...

Report Type:

Full Report

Ticker

8306@JP

Issuer

Mitsubishi UFJ Financial Group Inc.

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Public Finance, Structured Finance

Country

Japan

Region

Asia

Format:

HTML

Japan's Major Banking Groups Posted Net Losses In Fiscal 2008, Says S&P Report – 2009/05/25 – US$ 150.00

Ratings On Japan's Six Major Banking Groups Affirmed; Aozora And Shinsei Banks Remain On Watch Positive – 2009/08/28 – US$ 150.00

Potential Impact Of Mitsubishi UFJ Financial Group Planned Capital Increase – 2009/11/16 – US$ 150.00

Mitsubishi UFJ Financial Group Inc. – 2010/09/23 – US$ 500.00

Summary: Mitsubishi UFJ Financial Group Inc. – 2010/09/23 – US$ 225.00

Summary: Mitsubishi UFJ Financial Group Inc. – 2009/05/10 – US$ 225.00

Ratings On Japan's MUFG And Core Operating Subsidiaries Affirmed On Revised Earnings Estimates – 2009/05/01 – US$ 150.00

Bulletin: Ratings On MUFG Companies Unaffected By Merger With Morgan Stanley Japan Securities – 2009/03/27 – Free

Bulletin: Rating On MUFG Unaffected By Reported Capital Increase – 2008/10/27 – Free

Ratings On MUFG And Three Operating Subsidiaries Removed From Watch Negative, Affirmed – 2008/09/30 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Mitsubishi UFJ Financial Group Inc." May 10, 2009. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Mitsubishi-UFJ-Financial-Group-Inc-720902>

APA:	S&P Global Ratings’ Credit Research. (). Mitsubishi UFJ Financial Group Inc. May 10, 2009. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Mitsubishi-UFJ-Financial-Group-Inc-720902>

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