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Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount

CNBC · May 21, 2026, 6:35 AM · Also reported by 1 other source

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  • Japan's largest banks posted record annual profits in their latest financial results, but earnings growth could slow as credit costs rise and geopolitical risks cloud the outlook, analysts say.
  • Mitsubishi UFJ Financial Group, the country's largest lender, said net profit rose 30% from a year ago to 2.4 trillion yen for the fiscal year ended March 2026, a record high for the third consecutive year.

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Japan's largest banks posted record annual profits in their latest financial results, but earnings growth could slow as credit costs rise and geopolitical risks cloud the outlook, analysts say.

Mitsubishi UFJ Financial Group, the country's largest lender, said net profit rose 30% from a year ago to 2.4 trillion yen for the fiscal year ended March 2026, a record high for the third consecutive year.

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