The estimated consolidated April-September net profit of Mitsubishi UFJ Financial Group Inc. has topped the group net profit of Toyota Motor Corp. to become the largest in Japan, figures released Thursday showed.
The consolidated net profits of Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. in the six-month period before their Oct. 1 merger into MUFG are estimated to come to some 635 billion yen, bank officials said Thursday.
As a result, the estimated total profit figure for MUFG in the first half of fiscal 2005 exceeded Toyota's group net profit at 570.5 billion yen, which had been the largest logged by a Japanese company.
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