• Kyodo News


Mitsubishi UFJ Financial Group Inc., the nation’s largest megabank, said Thursday it expects to book ¥288 billion in appraisal losses on marketable securities for the October-December quarter as domestic share prices plunged.

The total breaks down into ¥257 billion at Bank of Tokyo-Mitsubishi UFJ and ¥31 billion at Mitsubishi UFJ Trust and Banking Corp., MUFG said.

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