Business & Finance
MUFG Surpasses Toyota to Become Most Valuable Company in Japan
Key Points
MUFG Surpasses Toyota to Become Most Valuable Company in Japan Mitsubishi UFJ Financial Group Inc.’s stock market value shot up to the highest in Japan, marking the first time a bank reached the top position since the current so-called three megabank groups were established. The stock price of Japan’s biggest bank rose 2.3% to ¥3,541 yen on Monday, giving it a market value of ¥42 trillion ($259 billion), according to Bloomberg-compiled data. That exceeded Toyota Motor Corp.’s about ¥41...
MUFG Surpasses Toyota to Become Most Valuable Company in Japan
Mitsubishi UFJ Financial Group Inc.’s stock market value shot up to the highest in Japan, marking the first time a bank reached the top position since the current so-called three megabank groups were established.
The stock price of Japan’s biggest bank rose 2.3% to ¥3,541 yen on Monday, giving it a market value of ¥42 trillion ($259 billion), according to Bloomberg-compiled data. That exceeded Toyota Motor Corp.’s about ¥41 trillion and Kioxia Holdings Corp.’s ¥36.7 trillion.