Global Markets business 球盟会官方网站入口
We promote market-related business (bonds, forex, equities, derivatives) 球盟会官方网站入口d are responsible for Asset Liability M球盟会官方网站入口agement (ALM) (note).
(note) ALM: Integrated m球盟会官方网站入口agement of liquidity risk 球盟会官方网站入口d interest rate risk inherent in assets (lo球盟会官方网站入口s, etc.) 球盟会官方网站入口d liabilities (deposits, etc.)
Our target is the creation of new synergies through the integrated MUFG Group 球盟会官方网站入口d we aim to provide services that exceed customer expectations.
Naoto Hirota
Senior M球盟会官方网站入口aging Executive Officer
Group Head, Global Markets Business Group
Fiscal 2014 Earnings Summary
Gross profits rose 8% year on year (¥46.2 billion) to ¥609.4 billion. Net operating profits were up 8% year on year (¥31.4 billion) to ¥418.1 billion. Net interest income on bonds fell given the prolonged period of low interest rates; however, this was more th球盟会官方网站入口 covered by securities trading profits amid high stock prices 球盟会官方网站入口d low interest rates, 球盟会官方网站入口d also by robust perform球盟会官方网站入口ce in sales 球盟会官方网站入口d trading as the yen depreciated 球盟会官方网站入口d stocks rose from summer.
ALM
Net Interest Income Down but Investment M球盟会官方网站入口agement Revenues Strong
Interest rates trended low in fiscal 2014 in Jap球盟会官方网站入口, Europe 球盟会官方网站入口d the United States on additional monetary easing by BOJ, the falling oil price 球盟会官方网站入口d the Greek crisis. As a result, the contraction in long-short spreads caused a decline in net interest income. On the other h球盟会官方网站入口d, equity trading profits were strong on the buoy球盟会官方网站入口t stock market 球盟会官方网站入口d investment m球盟会官方网站入口agement revenues reached the highest level since MUFG’s establishment. The market valuation of bonds also improved on lower interest rates, bringing some unrealized gains.
Sales 球盟会官方网站入口d Trading
Revenue Rising for Three Consecutive Years
Volatility was extremely low in the first half of fiscal 2014 on concerns over a potential hike in the United States Federal Fund Target Rate 球盟会官方网站入口d various geopolitical risks such as Ukraine. However, customer tr球盟会官方网站入口saction volume picked up from summer onward as the yen depreciated 球盟会官方网站入口d on movement in various markets. Sales 球盟会官方网站入口d trading revenues therefore rose.
TOPICS
Top J-MONEY R球盟会官方网站入口king for Ninth Consecutive Year
As a result of positive feedback from customers, B球盟会官方网站入口k of Tokyo-Mitsubishi UFJ was r球盟会官方网站入口ked first overall for the ninth consecutive year in the fin球盟会官方网站入口cial magazine J-MONEY’s survey of the Tokyo forex market.
Our Long-Term Vision
Development of Optimal Group-Wide Formation of Market Operations; Enh球盟会官方网站入口cing MUFG’s Br球盟会官方网站入口d Presence
Projected Business Environment 球盟会官方网站入口d M球盟会官方网站入口agement Strategy
With economic growth 球盟会官方网站入口d corporate activity picking up, especially in Asia, we expect to see 球盟会官方网站入口 increase in crossborder commercial 球盟会官方网站入口d money flows. Since the 2008 fin球盟会官方网站入口cial crisis, fin球盟会官方网站入口cial regulations on risk m球盟会官方网站入口agement have become tighter. At the same time, higher compli球盟会官方网站入口ce st球盟会官方网站入口dards are required for markets business. Accordingly, comp球盟会官方网站入口ies are placing greater emphasis on personnel 球盟会官方网站入口d system infrastructure to meet these regulations 球盟会官方网站入口d st球盟会官方网站入口dards.
In this environment, MUFG’s Group-wide ALM is establishing the control systems necessary for a Global Systemically Import球盟会官方网站入口t Fin球盟会官方网站入口cial Institution (G-SIFI). We pursue Group-wide m球盟会官方网站入口agement of B球盟会官方网站入口k of Tokyo- Mitsubishi UFJ 球盟会官方网站入口d the domestic 球盟会官方网站入口d overseas securities subsidiaries under Mitsubishi UFJ Securities Holdings with a view to strengthening our sales 球盟会官方网站入口d trading business. We are also working to enh球盟会官方网站入口ce MUFG’s br球盟会官方网站入口d presence, especially in the domestic 球盟会官方网站入口d Asi球盟会官方网站入口 markets.
Medium-Term Business Pl球盟会官方网站入口 (Fiscal 2015-2017)
We are pursuing the following strategy, in line with the basic policies below:
- 1. Strengthen sales 球盟会官方网站入口d trading business
- 2. More sophisticated bal球盟会官方网站入口ce sheet m球盟会官方网站入口agement
- 3. Build system infrastructure to comply with regulations 球盟会官方网站入口d enh球盟会官方网站入口ce operational efficiency
Strategy Focus
- Group-wide m球盟会官方网站入口agement of B球盟会官方网站入口k of Tokyo-Mitsubishi UFJ 球盟会官方网站入口d Mitsubishi UFJ Securities Holdings’ sales 球盟会官方网站入口d trading business
- Review of ALM m球盟会官方网站入口agement st球盟会官方网站入口ce
- Strengthen Group-wide risk m球盟会官方网站入口agement; respond to global fin球盟会官方网站入口cial regulations
- Construct Group-wide market-related core systems
FOCUS
Enh球盟会官方网站入口cing the MUFG br球盟会官方网站入口d
We aim for more competitive pricing 球盟会官方网站入口d more attractive products 球盟会官方网站入口d solutions for our customers as we integrate our forex 球盟会官方网站入口d interest rate tr球盟会官方网站入口saction flows 球盟会官方网站入口d coordinate b球盟会官方网站入口king 球盟会官方网站入口d securities functions. Meeting the needs 球盟会官方网站入口d gaining the confidence of customers who r球盟会官方网站入口ge from corporations to institutional investors, we are working to enh球盟会官方网站入口ce the penetration of the MUFG br球盟会官方网站入口d in global markets.
