UFJ Holdings to incur 780 bil. yen interim net loss

TOKYO, Japan - UFJ Holdings Inc. President Ryosuke Tamakoshi (L) speaks as UFJ Bank President Takamune Okihara listens at a press conference in Tokyo on Sept. 10. UFJ Holdings said it expects to book a group net loss of 780 billion yen in the April-September first half of fiscal 2004 as it will clean up its books before its planned merger with Mitsubishi Tokyo Financial Group Inc. in October 2005.

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