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Mitsubishi UFJ Profit Rises 26% in First Half, Raises Annual Target

Net profit climbed 26% year over year to 1.631 trillion yen ($10.20 billion); the company also raised its annual earnings target.

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By Kosaku NariokaMitsubishi UFJ Financial Group reported better-than-expected profit growth in the first half and raised its annual earnings target.The Japanese financial company said Friday that net profit climbed 26% from a year earlier to 1.631 trillion yen, equivalent to $10.20 billion, for the…

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