Mitsubishi UFJ Financial Group Ratings Affirmed; Off CreditWatch Negative; Outlook Negative - S&P Global Ratings’ Credit Research

Mitsubishi UFJ Financial Group Ratings Affirmed; Off CreditWatch Negative; Outlook Negative

Mitsubishi UFJ Financial Group Ratings Affirmed; Off CreditWatch Negative; Outlook Negative - S&P Global Ratings’ Credit Research
Mitsubishi UFJ Financial Group Ratings Affirmed; Off CreditWatch Negative; Outlook Negative
Published Nov 27, 2015
5 pages (2062 words) — Published Nov 27, 2015
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We project that Mitsubishi UFJ Financial Group's (MUFG) risk-adjusted capital (RAC) ratio will likely exceed our 7% threshold for an "adequate" capital and earnings assessment, supported by a slowdown in asset growth, its management's capital strategy to enhance capitalization, and stable accumulation of capital. We are affirming our ratings on MUFG and three "core" subsidiary banks and removing the ratings from CreditWatch negative. The outlooks on MUFG and the subsidiaries are negative, reflecting our view that our anchor for MUFG, which is the starting point of our ratings analysis for the group, is under downward pressure. Also, the negative outlooks reflect our view that there is downward pressure on our assessment of the group's capital and earnings because we are

  
Brief Excerpt:

...+ We project that Mitsubishi UFJ Financial Group's (MUFG) risk-adjusted capital (RAC) ratio will likely exceed our 7% threshold for an "adequate" capital and earnings assessment, supported by a slowdown in asset growth, its management's capital strategy to enhance capitalization, and stable accumulation of capital. + We are affirming our ratings on MUFG and three "core" subsidiary banks and removing the ratings from CreditWatch negative. + The outlooks on MUFG and the subsidiaries are negative, reflecting our view that our anchor for MUFG, which is the starting point of our ratings analysis for the group, is under downward pressure. Also, the negative outlooks reflect our view that there is downward pressure on our assessment of the group's capital and earnings because we are uncertain if MUFG's RAC ratio will improve. TOKYO (Standard & Poor's) Nov. 27, 2015--Standard & Poor's Ratings Services today said that it has affirmed its 'A' long-term counterparty credit rating on Mitsubishi UFJ...

  
Report Type:

Ratings Action

Ticker
8306@JP
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Asia
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Mitsubishi UFJ Financial Group Ratings Affirmed; Off CreditWatch Negative; Outlook Negative" Nov 27, 2015. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Mitsubishi-UFJ-Financial-Group-Ratings-Affirmed-Off-CreditWatch-Negative-Outlook-Negative-1487939>
  
APA:
S&P Global Ratings’ Credit Research. (). Mitsubishi UFJ Financial Group Ratings Affirmed; Off CreditWatch Negative; Outlook Negative Nov 27, 2015. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Mitsubishi-UFJ-Financial-Group-Ratings-Affirmed-Off-CreditWatch-Negative-Outlook-Negative-1487939>
  
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