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Major Banks Enjoy Sharp Profit Rise

2, 16. 2006

Major banking groups’ consolidated statements for Apr.-Dec. 2005 came out on Feb. 15. All 6 major groups showed a surplus, with Mitsubishi UFJ Financial Group Inc. posting a profit of over 1 trillion yen. As for the fiscal year ending Mar. 2006, total profit of 6 groups is expected to reach 2.8 trillion yen, 3.8 times larger than the previous term.

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