Type | Private (Subsidiary) |
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Industry | Financial services |
Predecessor | The Bank of Tokyo-Mitsubishi, Ltd. UFJ Bank, Ltd. |
Founded | January 1, 2006 (The Mitsubishi Bank, Ltd.: August 25, 1919) (The Sanwa Bank, Ltd.: 1933) (The Tokai Bank, Ltd.: 1941) |
Headquarters | Chiyoda-ku, Tokyo (Marunouchi 2-7-1, Chiyoda-ku, Tokyo, 100-8388, Japan), Japan |
Number of locations | 868 branches (as of March 31, 2009) |
Area served | Worldwide |
Key people | Katsunori Nagayasu, (President) |
Services | Personal banking Corporate banking Investment banking |
Revenue | ¥2.391 trillion (2009) 15% |
Operating income | ¥103.8 billion (2009) 24% |
Profit | ¥213.9 billion (2009) 113% |
Total assets | ¥160.8 trillion (as of March 31, 2009) 3% from year earlier |
Total equity | ¥6.857 trillion (as of March 31, 2009) 14% from year earlier |
Employees | 33,827 (as of March 31, 2009) |
Parent | Mitsubishi UFJ Financial Group, Inc. |
Subsidiaries | Senshu Ikeda Holdings, Inc. kabu.com Securities Co., Ltd. |
Website | Bank of Tokyo-Mitsubishi UFJ |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU; 株式会社三菱東京UFJ銀行 Kabushiki kaisha mitsubishi tōkyō yūefujei ginkō ) is the largest bank in Japan, which was established on January 1, 2006, with the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. The bank serves as the core retail and commercial banking arm of the Mitsubishi UFJ Financial Group.
As at 31 October 2010 BTMU was ranked by Bloomberg as the largest bank in Japan and the eighth largest in the world.[1]
The bank's head office is in Marunouchi, Chiyoda, Tokyo, Japan, with 772 other offices in Japan and 76 offices overseas.[2]
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BTMU dates back to 1880 as the Mitsubishi Bank, Ltd. (株式会社三菱銀行 Kabushiki kaisha mitsubishi ginkō ) was founded by former samurai Iwasaki Yatarō, and was a core member of Mitsubishi Group companies. Also, in 1880, the Yokohama Specie Bank was established, which was the forerunner of the Bank of Tokyo, Ltd. (株式会社東京銀行 Kabushiki kaisha tōkyō ginkō ), established in 1945 with most of Yokohama Specie Bank's assets. In April 1996, the Mitsubishi Bank, Ltd. and the Bank of Tokyo, Ltd. merged into the Bank of Tokyo-Mitsubishi, Ltd. (株式会社東京三菱銀行 Kabushiki kaisha tōkyō mitsubishi ginkō ), becoming the world's largest bank in terms of total assets.[3]
UFJ Bank Ltd. (株式会社UFJ銀行 Kabushiki kaisha yūefujei ginkō ) was a Japanese bank originally established by the merger in 2002 of the Sanwa Bank, Ltd. (株式会社三和銀行 Kabushiki kaisha sanwa ginkō ) (based in Osaka), the Tokai Bank, Ltd. (株式会社東海銀行 Kabushiki kaisha tōkai ginkō ) (based in Nagoya), and Toyo Trust and Banking Co., Ltd. (東洋信託銀行株式会社 Tōyo shintaku ginkō kabushiki kaisha ).
In July 2004, Japan's fourth-largest financial group UFJ Holdings, Inc. offered to merge with Mitsubishi Tokyo Financial Group (MTFG). The merger of the two bank holding companies was completed on October 1, 2005, creating the Mitsubishi UFJ Financial Group. The core banking units of MTFG and UFJ Holdings, the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd., respectively, continued to operate separately until January 1, 2006, when two units combined to form the Bank of Tokyo-Mitsubishi UFJ, Ltd.
Media related to [//commons.wikimedia.org/wiki/Category:Bank_of_Tokyo-Mitsubishi_UFJ Bank of Tokyo-Mitsubishi UFJ] at Wikimedia Commons
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