Mitsubishi UFJ reports effective 25.5% fall in FY 2006 net profi

Mitsubishi UFJ reports effective 25.5% fall in FY 2006 net profi

TOKYO, Japan - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi answers media questions during a press conference in Tokyo on May 23. He said Mitsubishi UFJ's group net profit in fiscal 2006 posted an effective 25.5 percent drop from the previous year to 881 billion yen as an extra profit on recovery of loan-loss provisions in the previous year diminished with new provisions made in the year. (Kyodo)

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  • Kyodo / Kyodo News Images
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