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Posted by
Two Blokes Jul 4 -
Filed in
Stock
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7 views
I'm raising Mitsubishi UFJ's rating to Buy; the stock is deserving of a lower discount rate and higher ROE expectations with its latest actions. The prospects of MUFG's retail banking arm have improved with the establishment of a new digital brand and the act of making selected group companies 100%-owned subsidiaries. The company is becoming more investor-centric by accelerating non-core disposals and increasing shareholder returns.
