...Mitsubishi UFJ Financial Group Inc. (MUFG) is a financial holding company with the Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU, A+/Stable/A-1), Mitsubishi UFJ Trust and Banking Corp. (A+/Stable/A-1), Mitsubishi UFJ Securities Co. Ltd. (A+/Stable/--), and various other companies under its umbrella. MUFG is Japan's largest banking group with Ñ187 trillion in gross assets reported on its consolidated balance sheet at the end of fiscal 2006 (ended March 31, 2007). The group's assets consist of loans (45% of gross assets on a consolidated basis), securities (26%), and the remaining 19% comprised mostly of highly liquid assets such as cash, deposits, and repurchase agreements. Consolidated operating profits in fiscal 2006 were generated from corporate banking (48%), retail banking (25%), overseas corporate banking (16%), trust banking (6%), market-related business and others (5%), to continue the recent trend of increasing earnings contributions from retail and overseas operations. The ratings on...
