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	Mitsubishi - Wikipedia, the free encyclopedia
		The Mitsubishi companies, or the Mitsubishi Group of Companies or the Mitsubishi Group is a large group (keiretsu) of independently operated Japanese companies which share the Mitsubishi brand name.
		Mitsubishi Bank (now a part of the Mitsubishi UFJ Financial Group) was founded in 1919.
		Mitsubishi has been criticized for some of its corporate practices, most notably with respect to work-place discrimination, environmental pollution and the use of slave labour, including that of prisoners of war (POWs), during World War II.
	en.wikipedia.org /wiki/Mitsubishi (720 words)

	Mitsubishi Tokyo fiscal-year profit falls - Boston.com - Business (Site not responding. Last check: 2007-10-21)
		TOKYO --Mitsubishi Tokyo Financial Group said Wednesday its group profit plunged 40 percent for the fiscal year ended March 31, while future merger partner UFJ Holdings reported a wider loss as it accelerated bad loan write-offs.
		Mitsubishi Tokyo Financial, comprising Bank of Tokyo-Mitsubishi Ltd. and Mitsubishi Trust and Banking Corp., said its group operating revenue increased 2.9 percent to 2.629 trillion yen ($24.5 billion) from 2.555 trillion yen a year ago.
		Mitsubishi Tokyo is scheduled to merge with UFJ Holdings in October, creating the world's largest bank, Mitsubishi UFJ Financial Group Inc., with assets of around 190 trillion yen ($1.77 trillion).
	www.boston.com /business/articles/2005/05/25/mitsubishi_tokyo_fiscal_year_profit_falls?mode=PF (393 words)

	ABC News: Mitsubishi Tokyo, UFJ Unveil $38B Merger (Site not responding. Last check: 2007-10-21)
		Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc., agreed last year to merge their operations by October 2005 a combination with assets totaling nearly 190 trillion yen ($1.8 billion) more than any other bank, including U.S.-based Citigroup Inc.'s US$1.19 trillion.
		Mitsubishi Tokyo and UFJ said they plan to cut 6,000 jobs or about 8 percent of their current combined global work force in three years following the merger.
		Mitsubishi Tokyo and UFJ shareholders will be asked to approve the merger proposal at a meeting in June.
	abcnews.go.com /Business/wireStory?id=511278&CMP=OTC-RSSFeeds0312 (418 words)

	ABC News: Mitsubishi Tokyo, UFJ Unveil Merger Terms (Site not responding. Last check: 2007-10-21)
		Two Japanese banking giants, Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings, announced Friday, Feb. 18, 2005, the terms of their 3.99 trillion yen (US$38 billion; 29 billion euro) merger planned for later this year that will create the world's largest bank, including jobs cuts, targeted profits and a merger ratio.
		TOKYO Feb 18, 2005 —; Two Japanese banking giants disclosed Friday terms of their planned 3.99 trillion yen ($38 billion) merger which would create the world's largest bank, but also said the combination will mean 6,000 job cuts, or about 8 percent of their current global work force.
		Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc., agreed last year to merge their operations by October 2005 but had not disclosed the price or specific terms of the deal.
	abcnews.go.com /Business/wireStory?id=511639&CMP=OTC-RSSFeeds0312 (429 words)

	The Bank of Tokyo-Mitsubishi, Ltd. - Wikipedia, the free encyclopedia
		It is a member of the Mitsubishi UFJ Financial Group, and one of the Mitsubishi companies.
		The Mitsubishi Tokyo Financial Group agreed to merge with UFJ Holdings
		This bank, insurance, or financial corporation article is a stub.
	en.wikipedia.org /wiki/The_Bank_of_Tokyo-Mitsubishi,_Ltd. (141 words)

	Japanese banks delay massive merger to make sure computers work (Site not responding. Last check: 2007-10-21)
		Mitsubishi Tokyo Financial Group and UFJ have said they would delay their merger to become the world's biggest bank by three months to January 1 to allow more time to fully integrate their computer systems.
		Mitsubishi Tokyo, the second-largest of Japan's big four banking groups, and UFJ, the smallest of the four, signed a contract in April after a merger battle among big banks that was unprecedented in Japan for its competitiveness.
		Mitsubishi Tokyo and UFJ declined to specify the cost of delaying their banking merger, but Koruyanagi said it would not be enough to affect the company's earnings forecasts.
	www.turkishpress.com /news.asp?id=65099 (690 words)

	Japan-Banking-Rebound, Bgt (Site not responding. Last check: 2007-10-21)
		Named Mitsubishi UFJ Financial Group Inc., the new giant will lead an industry that has undergone years of consolidation, largely reduced the burden of onerous bad loans and is now helping underpin the nation's economic resurgence.
		Mitsubishi Tokyo won a protracted takeover battle against rival suitor Sumitomo Mitsui after injecting UFJ with $6.19 billion in cash to help it clear its bad loans.
		While Mitsubishi Tokyo and UFJ posted a combined net loss of $1.23 billion in the year through March, adding individual outlooks would give the new company a joint profit of $6.5 billion in the current fiscal year through March 2006.
	www.cbc.ca /cp/business/051002/b100202.html (782 words)

	Bloomberg.com: Japan
		Mitsubishi Tokyo, Mizuho Financial Group Inc., the country's biggest bank, and other Japanese lenders are increasing loans that spread risk among lenders after their traditional lending caused record losses in the year to March 2002.
		Mitsubishi Tokyo, which is merging with UFJ Holdings Inc. next year, creating the world's biggest bank, aims to boost income from syndicated loans by six times by March 2007, Oka said.
		Mitsubishi Tokyo, which was the first of Japan's biggest banks to meet the government target of cutting bad loans by half, expects to post a full-year profit of 340 billion yen for the period ending March 31, compared with 560.8 billion yen last year.
	www.bloomberg.com /apps/news?pid=10000101&sid=agYxUFxdZb9A&refer=japan (891 words)

	Tokyo bank will be world's biggest - The Boston Globe
		TOKYO -- Buying a scandal-tainted bank plagued by four straight years of red ink hardly seems like an auspicious way to cement a turnaround.
		UFJ Financial Group Inc., the new giant will lead an industry that has undergone years of consolidation, largely reduced the burden of onerous bad loans and is now helping underpin the nation's economic resurgence.
		The new Mitsubishi UFJ Financial Group Inc. will have total assets of around $1.68 trillion, topping US-based Citigroup Inc.'s $1.55 trillion, based on most recent company figures.
	www.boston.com /business/articles/2005/09/30/tokyo_bank_will_be_worlds_biggest (384 words)

	Asia Times Online - The trusted news source for information on Japan
		Mitsubishi Tokyo basically agreed to the proposal, which will create the world's largest financial services group, with total assets of 190 trillion yen (US$1.7 trillion).
		The two groups are expected to announce a basic agreement on the proposed merger by the end of this week.
		Many financial analysts welcome the UFJ group's proposal to merge with the Mitsubishi Tokyo Financial Group Inc, citing complementary benefits for their operations.
	www.atimes.com /atimes/Japan/FG16Dh02.html (485 words)

	Asia Times
		TOKYO - Mitsubishi Tokyo Financial Group Inc plans to sell 700 billion yen (US$5.84 billion) in non-performing loans to the Resolution Collection Corp (RCC), sources at the holding company said.
		Mitsubishi Tokyo Financial, the holding company for Bank of Tokyo Mitsubishi and other group financial institutions, sold 330 billion yen in non-performing loans to the RCC in the six months that ended September 30.
		Mitsubishi Tokyo Financial cites the payment of market prices as the reason it is selling so many bad loans to the RCC.
	www.atimes.com /atimes/Japan/EB06Dh03.html (276 words)

	Mitsubishi Tokyo Financial Group, UFJ Holdings Inc, banks, Japan
		MTFG would be the surviving company, with shares in the new firm to be listed in New York, London, Tokyo, Osaka and Nagoya.
		The two banks said their merger will enable them to realise well-balanced loan portfolios, as 53 percent of MTFG’s loans are extended to big firms and overseas, while 64 percent of UFJ loans are made to individuals and small businesses.
		MTFG is prepared to inject up to Y700bn into UFJ to cover losses arising from its exposure to non-performing loans.
	www.banknetindia.com /banking/0817.htm (261 words)

	ABC News: S&P Raises Outlook on 5 Japanese Banks (Site not responding. Last check: 2007-10-21)
		TOKYO Dec 8, 2005 —; Standard & Poor's Ratings Services raised its credit outlook on Thursday for five major Japanese banks, citing improved balance sheets, bolstered capitalization and the prospect for continued dividends.
		Mitsubishi UFJ Financial Group, the parent of UFJ Bank and Mitsubishi UFJ Trust, has boosted both the quantity and quality of its capitalization, profits and the likelihood of continued dividends, S&P said.
		Mitsubishi UFJ emerged as the world's biggest bank surpassing Citigroup Inc. in terms of assets on Oct. 1, when it was formed through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings Inc.
	abcnews.go.com /Business/wireStory?id=1385107 (284 words)

	USATODAY.com - Japanese companies to create world's biggest bank (Site not responding. Last check: 2007-10-21)
		TOKYO (AP) — Two of Japan's largest banks, Mitsubishi Tokyo Financial Group and UFJ Holdings, agreed Thursday to a merger that would form the world's biggest bank, with assets of nearly $2 trillion.
		Financial terms were not disclosed, although Mitsubishi Tokyo previously had offered UFJ as much as $6.3 billion.
		Mitsubishi Tokyo said late Wednesday it was ready to offer as much as $6.3 billion to help struggling UFJ.
	www.usatoday.com /money/world/2004-08-12-japan-bank_x.htm?POE=MONISVA (636 words)

	Racial Discrimination: The Mitsubishi, Japan Case
		Mitsubishi went on an aggressive recruitment process to hire me, apparently at the orders of its highest executives.
		The plaintiff is alleging that whereas Japanese employees at Mitsubishi are given English-language lessons at company expense, and Caucasian staff are provided with the best Japanese-language teaching available, he has been given no assistance whatsoever in his efforts to learn the Japanese language.
		By pointing out that some of the Caucasian staff at Mitsubishi Electric were getting 100 hours paid study time during office hours, he managed to convince his boss that he needed an hour a day to pore over his Kanji (Chinese characters) books, at his desk.
	www.kamalsinha.com /mitsubishi (2109 words)

	CNN.com - Japanese banks again in red - Aug 15, 2004
		Mitsubishi Tokyo Financial Group, the second largest Japanese bank by assets behind Mizuho Financial Group, clinched a deal late Thursday to take over fourth-ranked bank UFJ Holdings.
		Financial terms were not disclosed, although Mitsubishi Tokyo previously had offered UFJ as much as 700 billion yen ($6.3 billion).
		A Tokyo District Court in late July upheld a challenge from Sumitomo Mitsui against that plan, and ordered UFJ and MTFG to put their talks on hold.
	edition.cnn.com /2004/BUSINESS/08/15/japan.ufjsshinsei (601 words)

	Tokyo Mitsubishi Bank (Site not responding. Last check: 2007-10-21)
		It is a member of the Mitsubishi Tokyo Financial Group, and one of the Mitsubishi companies.
		The Mitsubishi Tokyo Financial Group is seeking to merge with UFJ Holdings
		UnionBanCal Corporation, holding company of Union Bank of California MTFG is widely considered financially the strongest of Japan's large banks, with non-performing loans down to 2.9% of assets.
	www.wwwtln.com /finance/181/tokyo-mitsubishi-bank.html (288 words)

	Mitsubishi Motors in Line for Another $2.9 Billion in Aid, Sources Say \| American International Automobile Dealers \| (Site not responding. Last check: 2007-10-21)
		Mitsubishi group firms plan to pour up to 300 billion yen ($2.93 billion) more into Mitsubishi Motors Corp. (MMC), which is still struggling to rebuild itself after receiving a hefty aid package last year, financial sources said on Wednesday.
		MMC secured an aid package of 496 billion yen from the Mitsubishi group and others..., but its troubles deepened when its past practice of covering up vehicle defects resurfaced.
		MMC secured an aid package of 496 billion yen from the Mitsubishi group and others at that time, but its troubles deepened when its past practice of covering up vehicle defects resurfaced.
	www.aiada.org /article.asp?id=31604&cat=Industry (664 words)

	UFJ, Mitsubishi Tokyo begin merger talks - Financial Times - MSNBC.com
		TOKYO - UFJ Holdings Inc., Japan’s fourth biggest banking group, and larger rival Mitsubishi Tokyo Financial Group Inc. have agreed to discuss a possible merger that could create the world’s biggest bank, both sides said Friday.
		Mitsubishi Tokyo lost nearly 9 percent, while UFJ dropped 3 percent, a few hours before the joint news conference.
		Mitsubishi Tokyo president Nobuo Kuroyanagi said he was hopeful the merger will help the new financial group become more globally competitive.
	www.msnbc.msn.com /id/5435702 (989 words)

	Mitsubishi, UFJ announce terms of merger; job cuts (printable version)
		With the banks’ new logo in the background, Mitsubishi Tokyo Financial Group Inc. President Noboru Kuroyanagi (left), shakes hands with Ryosuke Tamakoshi, UFJ Holdings Inc. president, at a press conference in Tokyo Friday.
		TOKYO — Two Japanese banking giants disclosed Friday terms of their planned 3.99 trillion yen ($38 billion) merger which would create the world’s largest bank, but also said the combination will mean 6,000 job cuts, or about 8 percent of their current global work force.
		Last week, Sumitomo Mitsui and Daiwa Securities Group Inc., Japan’s second-largest securities company, said they have been seeking ways to strengthen their ties, although they denied reports that merger talks were about to begin.
	www.rgj.com /news/printstory.php?id=92660 (476 words)

	BBC NEWS \| Business \| Mitsubishi seeks $5.2bn bail out
		As part of the plan, three other firms in the Mitsubishi group are to make a combined cash injection of 270bn yen, mainly through buying new shares.
		Mitsubishi Motors also hopes to secure the loan from within the wider Mitsubishi group, aiming to borrow 240bn yen from Mitsubishi Tokyo; and plans an asset sale worth 30bn yen to Mitsubishi Corp.
		Mitsubishi's sales have slid 41% in the past year, catalysed by the revelation that the company had systematically been hiding records of faults and then secretly repairing vehicles.
	news.bbc.co.uk /2/hi/business/4214655.stm (425 words)

	NYSE > Events >Mitsubishi Tokyo Financial Group, Inc. Celebrates 15 Years at the NYSE
		Mitsubishi Tokyo Financial Group, Inc. is a bank holding company.
		Through its two directly held subsidiary banks, Bank of Tokyo-Mitsubishi and Mitsubishi Trust Bank, and their subsidiaries, the Company provides a full range of domestic and international financial services, including commercial banking, investment banking, trust services and asset management services, to individuals and corporate customers.
		Mitsubishi Trust Bank is a major trust bank in Japan, providing trust and banking services to meet the long-term financing and investment needs of retail and corporate clients.
	www.nyse.com /events/1096256416903.html (176 words)

	MTFG and Merrill Lynch to Establish Joint-Venture Private Banking Business in Japan; Japan's top banking group and ... (Site not responding. Last check: 2007-10-21)
		To date, MTFG has been providing a wide range of private banking services to high net worth individuals through Bank of Tokyo-Mitsubishi, Mitsubishi Trust Bank, and Mitsubishi Securities, the group's core entities, and has been associated with providing Swiss-type asset management services through Mitsubishi Tokyo Wealth Management.
		Subject to the approval of relevant authorities, MTFG will be merging with UFJ Group on October 1, 2005 and is scheduled to begin operations as Mitsubishi UFJ Financial Group, Inc. (MUFG).
		Merrill Lynch is one of the world's leading financial management and advisory companies, with offices in 36 countries and territories and total client assets of approximately $1.6 trillion.
	www.quote.com /qc/news/story.aspx?symbols=NYSE:MER&story=200509281243_BWR__BW5504 (1249 words)

	VisioBrand - Official Site - Mitsubishi Tokyo Financial Group (Site not responding. Last check: 2007-10-21)
		All the information about Mitsubishi Tokyo Financial Group presented on the Visiobrand site is only verified information from the official Mitsubishi Tokyo Financial Group source.
		MTFG has set an aspiration of becoming one of the world's top ten financial institutions by market capitalization within three years.
		Our Group has excellent relationships with a wide range of clients, a full line-up of products and services in banking, trust assets and securities businesses and the leading global network among Japanese banks.
	www.visiobrand.com /3ad085-101c8e24469-4ac2cd21f3e9272ab21a5c1fd4053ed9/cache.htm (1068 words)

	The Japan Times Online (Site not responding. Last check: 2007-10-21)
		Mitsubishi Tokyo Financial Group Inc. announced Wednesday its group net profit fell 43.1 percent in the fiscal first half from a year earlier to 171.7 billion yen, while merger partner UFJ Holdings said separately its group net loss was 674.3 billion yen for the six months to September.
		MTFG's merger partner said the drop was due to pressure to dispose of its bad loans before the merger planned for next October.
		He said the group expects to cut the ratio to around 2.5 percent by the end of March.
	www.japantimes.co.jp /cgi-bin/getarticle.pl5?nb20041125a1.htm (779 words)

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