September 26, 2016 6:50 PM ET

Banks

Company Overview of The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Company Overview

The Bank of Tokyo-Mitsubishi UFJ, Ltd. provides various banking and financial services in Japan, North America, Latin America, Europe, the Middle East, Asia, and Oceania. The company operates through Retail Banking Business Unit, Corporate Banking Business Unit, Global Business Unit, Bank of Ayudhya, Global Markets Unit, and Other Units segments. It offers corporate and investment banking services, including syndication and cross border syndication loans; structured finance services, such as project, export credit agency, leveraged buyout/management buyout/acquisition, real estate, and ship finance; and asset finance services comprising securitization solutions, asset based lending, accounts...

2-7-1, Marunouchi

Chiyoda-ku

Tokyo,  100-8388

Japan

Founded in 1919

80,088 Employees

Phone:

81 3 3240 1111

Key Executives for The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Chief Executive Officer, President and Representative Director
Age: 61
Chief Financial Officer, Senior Managing Director and Representative Director
Age: 56
Chief Information Officer, Chief Executive of Corporate Services, Senior Managing Director and Representative Director
Age: 58
Deputy President, Chief Executive Officer of the Americas, Co-Chief Executive of Global Business Unit and Representative Director
Age: 60
Co-Chief Executive of Global Business Unit, Senior Managing Director and Representative Director
Age: 60
Compensation as of Fiscal Year 2016.

The Bank of Tokyo-Mitsubishi UFJ, Ltd. Key Developments

IBM Signs Contract with Bank of Tokyo-Mitsubishi UFJ

International Business Machines Corporation, or IBM, has signed a contract with the Bank of Tokyo-Mitsubishi UFJ, or BTMU, to examine the design, management and execution of contracts among business partners using blockchain technologies. The two companies will begin by piloting blockchain to automate business transactions between the two companies. This is one of the first projects built on the Hyperledger Project fabric, an open-source blockchain platform, to use blockchain for real-life contract management on the IBM Cloud. IBM and BTMU have built a prototype of smart contracts on a blockchain to improve the efficiency and accountability of service level agreements in multi-party business interactions. The bank plans to begin using it to manage contracts within their business in fiscal year 2017. In addition, IBM and BTMU aim to manage agreements between the two companies with the system by the end of fiscal year 2017. To help improve efficiency, IBM and BTMU will monitor delivery and usage of equipment with a sensor that embeds information into the blockchain. This will then automate invoicing and payment processes between the two companies.

IBM and Bank of Tokyo-Mitsubishi UFJ to Use Blockchain for Contract Management Between the Two Companies

IBM announced that it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to examine the design, management and execution of contracts among business partners using blockchain technologies. The two companies will begin by piloting blockchain to automate business transactions between the two companies. IBM and BTMU have built a prototype of smart contracts on a blockchain to improve the efficiency and accountability of service level agreements in multi-party business interactions. The bank plans to begin using it to manage contracts within their business in fiscal year 2017. In addition, IBM and BTMU aim to manage agreements between the two companies with the system by the end of fiscal year 2017. To help improve efficiency, IBM and BTMU will monitor delivery and usage of equipment with a sensor that embeds information into the blockchain. This will then automate invoicing and payment processes between the two companies.

The Bank of Tokyo-Mitsubishi UFJ, Ltd. Reports Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2016

The Bank of Tokyo-Mitsubishi UFJ, Ltd. reported non-consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported ordinary profits of JPY 152,840 million against JPY 289,142 million a year ago. Net income was JPY 110,486 million compared with JPY 213,710 million a year ago. Net interest income was JPY 479,225 million against JPY 564,797 million a year ago. Net operating profits were JPY 209,093 million against JPY 277,271 million a year ago. Income before income taxes was JPY 150,641 million against JPY 307,029 million a year ago.

Similar Private Companies By Industry

Company Name Region
Aichiken Chuo Shinyo Kumiai Asia
Alps Chuo Shinkin Bank Asia
Amagasaki Shinkin Bank Asia
Amami Shinyou Kumiai Asia
Aoki Shinkin Bank Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 5, 2016
The Nippon Synthetic Chemical Industry Co., Ltd.
Merger/Acquisition
July 19, 2016
Defined Contribution Plan Consulting of Japan Co., Ltd.
Merger/Acquisition
July 12, 2016
PT BTMU-BRI Finance
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact The Bank of Tokyo-Mitsubishi UFJ, Ltd., please visit www.bk.mufg.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.