MUFG has become Japan’s most valuable firm for the first time. The development comes amid an improved business environment resulting from the Bank of Japan’s interest rate hikes.
MUFG has become Japan’s most valuable firm for the first time.
The development comes amid an improved business environment.
It results from the Bank of Japan’s interest rate hikes.
SoftBank’s market value surpassed Toyota’s on June 1 after its shares rose 14 percent in Tokyo trading. This marks the first time in over two decades that the technology group has held the top spot among Japanese companies.
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Japanese listed firms posted record net profits for the year ended March 2025. The figure marked a fifth straight year of highs, driven by strong results from semiconductor and data center companies.
The weighted average summer bonus at major Japanese firms rose 1.88 percent from a year earlier to 1,008,706 yen, topping 1 million yen for the first time.