MITSUBISHI UFJ FINANCIAL GROUP, INC. six months ended September 30, 2009Financial Highlightshttp://www.mufg.jp/english/ir/fs/backnumber/2010mufg-half/pdffile/highlights0909_e.pdfSummary of MUFG Financial Resultshttp://www.mufg.jp/english/ir/fs/backnumber/2010mufg-half/pdffile/mufg_outline0909_e.pdfConsolidated Summary Reporthttp://www.mufg.jp/english/ir/fs/backnumber/2010mufg-half/pdffile/all0909_e.pdfConsolidated Summary Reporthttp://www.mufg.jp/english/ir/fs/backnumber/2010mufg-half/pdffile/consoli_summary0909_e.pdfSelected Financial Informationhttp://www.mufg.jp/english/ir/fs/backnumber/2010mufg-half/pdffile/financial_info0909_e.pdf
This stock is going to be stagnant for some time to come. They need to find people to buy 11 billion dollars worth of new shares. This is no easy task.
It will be interesting if Morgan Stanley picks up the shares since MTU did the exact same thing for Morgan Stanley last year. In fact, I think mTU could probably sell Union Bank of California for a good sized chunk of that!