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3 top UFJ group executives to resign

TOKYO, Japan - Three new top executives of the UFJ financial group stand during a news conference at the head office of the Bank of Japan in Tokyo on May 23. UFJ Trust Bank Vice President Shintaro Yasuda (L) will replace Yasukuni Doi as president, Takamune Okihara (C), a senior corporate officer of UFJ Bank, will succeed UFJ Bank President Masashi Teranishi and UFJ Bank Vice President Ryosuke Tamakoshi will become president of UFJ Holdings Inc. to replace Takeshi Sugihara.

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(3)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - File photo shows UFJ Bank senior corporate officer Takamune Okihara who will replace Masashi Teranishi as president of UFJ Bank.

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(1)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - The three top managers of the UFJ group will resign to take the blame for its failure to meet net profit goals, banking sources said May 19. Files photos show (from L to R) UFJ Holdings Inc. President Takeshi Sugihara, UFJ Bank President Masashi Teranishi and UFJ Trust Bank President Yasukuni Doi.

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UFJ head denies cover-up of data on borrowers' financial health

TOKYO, Japan - UFJ Bank President Masashi Teranishi speaks to a House of Representatives financial panel on March 17 to deny allegations that the bank concealed a large volume of documents showing that borrowers were worse off than the assessments in the official documents it submitted to the Financial Services Agency (FSA).

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Nippon Shinpan to merge with UFJ Card

TOKYO, Japan - Nippon Shinpan Co. President Kazuhiro Omori (L), UFJ Bank President Masaji Teranishi (C) and UFJ Card Co. President Mitsutaka Ando pose at a news conference in Tokyo on Jan. 20 after announcing a deal to merge the two credit card firms in March 2005 or later. The deal will give the UFJ Group the largest credit card operations among the Japan's four megabanks.

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UFJ Bank to make Nippon Shinpan subsidiary by March 2005

TOKYO, Japan - Masashi Teranishi (R), president of UFJ Bank, and Kazuhiro Omori, president of Nippon Shinpan Co., one of Japan's biggest consumer credit firms, shake hands during a press conference at a hotel in Tokyo on Nov. 21. They announced that UFJ will acquire a controlling stake in Nippon Shinpan by March 2005.

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Top bankers criticize Takenaka's bank policy

TOKYO, Japan - The heads of Japan's four major banking groups criticize Financial Services Minister Heizo Takenaka's bank policy in Diet testimony Dec. 3. The House of Councillors Financial Affairs Committee summoned as unsworn witnesses (from R to L) Terunobu Maeda, president of Mizuho Holdings Inc., Shigemitsu Miki, president of Mitsubishi Tokyo Financial Group Inc., Masashi Teranishi, president of UFJ Bank, and Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc.

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UFJ manages profit in 1st half, revenues down

TOKYO, Japan - UFJ Holdings Inc. President Masashi Teranishi said Nov. 25 in Tokyo that his banking group swung back into the black in the fiscal first half to Sept. 30 with group net profit of 72.56 billion yen, a sharp reversal from a loss of 67.44 billion yen a year earlier.

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Top bankers call for careful approach in corporate revival

TOKYO, Nov. 15 Kyodo - Sumitomo Mitsui Banking Corp. President Yoshifumi Nishikawa (standing) testifies to the House of Representatives Financial Affairs Committee in the Diet in Tokyo on Nov. 15. Mizuho Holdings Inc. President Terunobu Maeda sits at Nishikawa's left and UFJ Bank President Masashi Teranishi at Nishikawa's right. At right is Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki.

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Japanese son in N. Korea may return soon: Mori says

TOKYO, Japan - Former Prime Minister Yoshiro Mori and Tomoe Terakoshi (R), come out of a Tokyo hotel after their meeting Sept. 4. Mori said that Teranishi's son, Terakoshi, 52, who went missing while fishing in the Sea of Japan in 1963 and now lives in Pyongyang, may return for a visit to Japan by the end of the month as a member of a North Korean labor union delegation.

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New bankers association head meets press

TOKYO, Japan - Masashi Teranishi, new chairman of the Japanese Bankers Association, speaks at a news conference in Tokyo on April 23 after succeeding Yoshiro Yamamoto earlier in the day.

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Teranishi speaks to the media

TOKYO, Japan - Masashi Teranishi, president of UJF Bank President, speaks with members of the media following the inauguration of the bank through the merger of Sanwa Bank and Tokai Bank on Jan. 15.

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UFJ Bank inaugurated through Sanwa, Tokai merger

TOKYO, Japan - Chairman Hideo Ogasawara (L) and President Masashi Teranishi (R) cut tapes to inaugurate UFJ Bank at the bank's Tokyo headquarters building Jan. 15 through the merger of Sanwa Bank and Tokai Bank, both member firms of UFJ Holdings Inc. The merger gives UFJ Bank, with its corporate headquarters in Nagoya, 80 trillion yen in assets on an unconsolidated basis.

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Sanwa exec to become UFJ Bank president instead of Muromachi

TOKYO, Japan - Masashi Teranishi (file photo), senior managing director at Sanwa Bank, will become president of UFJ Bank when it is launched Jan. 15, and not Sanwa Bank President Kaneo Muromachi, as had been earlier decided, a Sanwa Bank spokesman said Dec. 21. The UFJ Financial Group comprising Sanwa Bank, Tokai Bank, and Toyo Trust & Banking Co.

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Teranishi speaks to the media

TOKYO, Japan - Masashi Teranishi, president of UJF Bank President, speaks with members of the media following the inauguration of the bank through the merger of Sanwa Bank and Tokai Bank on Jan. 15.

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UFJ Bank inaugurated through Sanwa, Tokai merger

TOKYO, Japan - Chairman Hideo Ogasawara (L) and President Masashi Teranishi (R) cut tapes to inaugurate UFJ Bank at the bank's Tokyo headquarters building Jan. 15 through the merger of Sanwa Bank and Tokai Bank, both member firms of UFJ Holdings Inc. The merger gives UFJ Bank, with its corporate headquarters in Nagoya, 80 trillion yen in assets on an unconsolidated basis.

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UFJ manages profit in 1st half, revenues down

TOKYO, Japan - UFJ Holdings Inc. President Masashi Teranishi said Nov. 25 in Tokyo that his banking group swung back into the black in the fiscal first half to Sept. 30 with group net profit of 72.56 billion yen, a sharp reversal from a loss of 67.44 billion yen a year earlier. (Kyodo)

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Nippon Shinpan to merge with UFJ Card

TOKYO, Japan - Nippon Shinpan Co. President Kazuhiro Omori (L), UFJ Bank President Masaji Teranishi (C) and UFJ Card Co. President Mitsutaka Ando pose at a news conference in Tokyo on Jan. 20 after announcing a deal to merge the two credit card firms in March 2005 or later. The deal will give the UFJ Group the largest credit card operations among the Japan's four megabanks. (Kyodo)

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3 top UFJ group executives to resign

TOKYO, Japan - Three new top executives of the UFJ financial group stand during a news conference at the head office of the Bank of Japan in Tokyo on May 23. UFJ Trust Bank Vice President Shintaro Yasuda (L) will replace Yasukuni Doi as president, Takamune Okihara (C), a senior corporate officer of UFJ Bank, will succeed UFJ Bank President Masashi Teranishi and UFJ Bank Vice President Ryosuke Tamakoshi will become president of UFJ Holdings Inc. to replace Takeshi Sugihara. (Kyodo)

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(3)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - File photo shows UFJ Bank senior corporate officer Takamune Okihara who will replace Masashi Teranishi as president of UFJ Bank. (Kyodo)

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(1)3 UFJ execs to resign for failure to reach profit targets

TOKYO, Japan - The three top managers of the UFJ group will resign to take the blame for its failure to meet net profit goals, banking sources said May 19. Files photos show (from L to R) UFJ Holdings Inc. President Takeshi Sugihara, UFJ Bank President Masashi Teranishi and UFJ Trust Bank President Yasukuni Doi. (Kyodo)

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UFJ head denies cover-up of data on borrowers' financial health

TOKYO, Japan - UFJ Bank President Masashi Teranishi speaks to a House of Representatives financial panel on March 17 to deny allegations that the bank concealed a large volume of documents showing that borrowers were worse off than the assessments in the official documents it submitted to the Financial Services Agency (FSA). (Kyodo)

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UFJ Bank to make Nippon Shinpan subsidiary by March 2005

TOKYO, Japan - Masashi Teranishi (R), president of UFJ Bank, and Kazuhiro Omori, president of Nippon Shinpan Co., one of Japan's biggest consumer credit firms, shake hands during a press conference at a hotel in Tokyo on Nov. 21. They announced that UFJ will acquire a controlling stake in Nippon Shinpan by March 2005. (Kyodo)

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Top bankers criticize Takenaka's bank policy

TOKYO, Japan - The heads of Japan's four major banking groups criticize Financial Services Minister Heizo Takenaka's bank policy in Diet testimony Dec. 3. The House of Councillors Financial Affairs Committee summoned as unsworn witnesses (from R to L) Terunobu Maeda, president of Mizuho Holdings Inc., Shigemitsu Miki, president of Mitsubishi Tokyo Financial Group Inc., Masashi Teranishi, president of UFJ Bank, and Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc. (Kyodo)

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Top bankers call for careful approach in corporate revival

TOKYO, Nov. 15 Kyodo - Sumitomo Mitsui Banking Corp. President Yoshifumi Nishikawa (standing) testifies to the House of Representatives Financial Affairs Committee in the Diet in Tokyo on Nov. 15. Mizuho Holdings Inc. President Terunobu Maeda sits at Nishikawa's left and UFJ Bank President Masashi Teranishi at Nishikawa's right. At right is Mitsubishi Tokyo Financial Group Inc. President Shigemitsu Miki. (Kyodo)

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New bankers association head meets press

TOKYO, Japan - Masashi Teranishi, new chairman of the Japanese Bankers Association, speaks at a news conference in Tokyo on April 23 after succeeding Yoshiro Yamamoto earlier in the day.

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Videotapes of kidnap suspect released

OSAKA, Japan - Police release three videotape shots Feb. 19 taken from a security camera that recorded a man suspected of having been involved in the December 1999 kidnapping of an 8-year-old girl using a photocopying machine at a convenience store in Osaka Prefecture. Sayaka Teranishi was forced into a car by her kidnapper on her way home from school and was held for about 42 hours before she was released unhurt near her home in Settsu, Osaka Prefecture.

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Police reveals kidnapping suspect's sketch

OSAKA, Japan - A sketch of the suspect in the kidnapping of an 8-year-old girl in Settsu, Osaka Prefecture in December 1999, is made public by police on Feb. 19. Sayaka Teranishi, a second grade pupil, told police she was forced into a car on her way home from school Dec. 20. She was held until the morning of Dec. 22 before she was released unhurt near her home in Settsu.