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MTFG's Kuroyanagi to become bankers' association head next April

TOKYO, Japan - The Japanese Bankers Association on Sept. 20 selected Nobuo Kuroyanagi (file photo), president of Mitsubishi Tokyo Financial Group Inc., as the next chairman who will replace current head Terunobu Maeda.

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(2)MTFG, UFJ set merger ratio at 1 to 0.62

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi (L) and UFJ Holdings Inc. President Ryosuke Tamakoshi pose at a press conference in Tokyo on Feb. 18. A new company to be formed through their merger on Oct. 1 will be named Mitsubishi UFJ Financial Group Inc. and rank top in the world in terms of assets.

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(1) MTFG, UFJ set merger ratio at 1 to 0.62

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi (L) shows off the symbol mark of a new banking group to be formed through a merger between his group and UFJ Holdings Inc. on Oct. 1 at a press conference in Tokyo on Feb. 18. Seated to his right is UFJ Holdings President Ryosuke Tamakoshi.

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MTFG's Miki to give presidency to Kuroyanagi

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki (L) tells a press conference on April 28 he will hand over the presidency to board director Nobuo Kuroyanagi (R) as of June 29.

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MTFG back into black

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki announces at a news conference in Tokyo on Nov. 25 his group has regained profitability on a half-year basis amid the improved business climate for the financial industry. MTFG reported a group net profit of 301.88 billion yen for the April-September period, a turnaround from a year-earlier loss of 188.10 billion yen.

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MTFG net loss nearly doubles in fiscal 1st half

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki said in Tokyo on Nov. 25 that his banking group chalked up a consolidated net loss of 188.10 billion yen in the first half of fiscal 2002, nearly double that of 96.83 billion yen a year earlier.

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MTFG revises downward its group net balance projection

TOKYO, Japan - Tadahiko Fujino (L), senior managing director of the Mitsubishi Tokyo Financial Group (MTFG), and Tatsunori Imagawa, managing director of the Bank of Tokyo-Mitsubishi, speak at a press conference in Tokyo on April 5. MTFG downgraded its consolidated net balance projection for fiscal 2000 to a 137 billion yen loss, down sharply from the earlier released estimate of a 130 billion yen profit, due to higher-than-expected loan-loss charges.

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(1) MTFG, UFJ set merger ratio at 1 to 0.62

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi (L) shows off the symbol mark of a new banking group to be formed through a merger between his group and UFJ Holdings Inc. on Oct. 1 at a press conference in Tokyo on Feb. 18. Seated to his right is UFJ Holdings President Ryosuke Tamakoshi. (Kyodo)

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(2)MTFG, UFJ set merger ratio at 1 to 0.62

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi (L) and UFJ Holdings Inc. President Ryosuke Tamakoshi pose at a press conference in Tokyo on Feb. 18. A new company to be formed through their merger on Oct. 1 will be named Mitsubishi UFJ Financial Group Inc. and rank top in the world in terms of assets. (Kyodo)

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MTFG net loss nearly doubles in fiscal 1st half

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki said in Tokyo on Nov. 25 that his banking group chalked up a consolidated net loss of 188.10 billion yen in the first half of fiscal 2002, nearly double that of 96.83 billion yen a year earlier. (Kyodo)

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MTFG back into black

TOKYO, Japan - Mitsubishi Tokyo Financial Group Inc. (MTFG) President Shigemitsu Miki announces at a news conference in Tokyo on Nov. 25 his group has regained profitability on a half-year basis amid the improved business climate for the financial industry. MTFG reported a group net profit of 301.88 billion yen for the April-September period, a turnaround from a year-earlier loss of 188.10 billion yen. (Kyodo)

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MTFG revises downward its group net balance projection

TOKYO, Japan - Tadahiko Fujino (L), senior managing director of the Mitsubishi Tokyo Financial Group (MTFG), and Tatsunori Imagawa, managing director of the Bank of Tokyo-Mitsubishi, speak at a press conference in Tokyo on April 5. MTFG downgraded its consolidated net balance projection for fiscal 2000 to a 137 billion yen loss, down sharply from the earlier released estimate of a 130 billion yen profit, due to higher-than-expected loan-loss charges.