Mitsubishi UFJ Financial Group Net Income Climbs to 1.73 Trillion Yen; Shares Up 3%

Mitsubishi UFJ Financial Group (TYO:8306) reported net income attributable to owners surged to 1.73 trillion yen for the fiscal year ended March 31, from 1.27 trillion yen a year earlier. The company's earnings per share rose to 151.74 yen from 108.71 yen a year ago, according to a Tokyo bourse filing on Tuesday. The company also agreed to increase its total dividend payout to 1.37 trillion yen, compared with 1.13 trillion yen a year ago. Shares of the banking group rose 3% in recent trade.