Tokyo, Feb 1, 2026, 06:14 JST — Market closed.
- Shares of Mitsubishi UFJ Financial Group climbed 1.0% in Tokyo on Friday.
- A senior executive revealed that automakers are exploring options to leverage MUFG’s planned stake in Shriram Finance as a foothold for growth in India.
- All eyes are on MUFG’s Feb. 4 earnings, as investors seek news on its overseas expansion and profit margins.
Mitsubishi UFJ Financial Group shares closed Friday 1.0% higher at 2,804.5 yen in Tokyo, gaining ground ahead of Monday’s market open. (MarketScreener)
The next catalyst is just around the corner: MUFG will report its third-quarter results for the period ending December on Feb. 4. Investors want to see if overseas deals are boosting returns without bringing extra risk. (MUFG)
Interest picked up late in the week after MUFG’s Yasushi Itagaki, head of global operations, revealed Japanese automakers have been reaching out about potential partnerships linked to MUFG’s planned 20% stake in India’s Shriram Finance. “Our customers are thinking about this more than we imagined,” he said, adding: “It’s very natural that we work together on this.” (Reuters)
Bank shares rallied on Friday, with the TOPIX Banks index climbing 1.1% to push its winning streak to two days. (Investing)
Sumitomo Mitsui Financial Group boosted the mood with a 12% jump in third-quarter net profit announced Friday. The bank stuck to its record-profit forecast, citing gains from increased domestic interest rates. (Reuters)
Traders have been eyeing the yen closely following volatile moves over the past week, with officials opting for carefully measured messaging to discourage speculators. “It’s a remarkably efficient approach,” said Shota Ryu, an FX strategist at Mitsubishi UFJ Morgan Stanley Securities, referring to the government’s strategy. (Reuters)
MUFG’s U.S.-listed ADR slipped to $18.05 in New York, down 0.8% from its previous close, Barchart data shows. (Barchart)
Macro calendar risk is mounting as the week progresses. Investors are focused on the U.S. jobs report set for Feb. 6, a key data point that could shift interest rate and dollar outlooks — and, in turn, impact capital flows into financial stocks. (Reuters)
The downside scenario is straightforward. Should rate expectations ease or yen volatility stoke risk aversion again, bank shares could lose their recent gains fast. Investors might then push for clearer guidance on how quickly MUFG plans to convert the Shriram relationship into revenue.
MUFG’s February 4 earnings report will be the next key moment, as investors zero in on guidance for profit margins, credit costs, and any new specifics on its expansion in India. (Investing)
