Mitsubishi UFJ Financial Group Inc. (MTU) reported that net income for the six-month period ended September 30, 2009 was 140.9 billion yen, up from 92.0 billion yen the previous period. Diluted net income per common Stock for the period was 11.08 yen, compared to 8.42 yen last year.
Interest income for the period was 1.50 trillion yen, down from 1.84 trillion yen in the comparable period last year. Ordinary income for the period declined to 2.62 trillion yen, from 2.93 trillion yen in the prior year period.
Mitsubishi UFJ Financial also announced that it plans to issue about 1 trillion yen of common stock through public offering in Japan. Proceeds from any future issuances are expected to be provided to The Bank of Tokyo-Mitsubishi UFJ, Ltd. to strengthen the overall group capital base.
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