The financial results of a major financial group from April to June have more than doubled their final profits during the same period of the previous year.

Loans to companies affected by the new coronavirus remain at a high level, but the cost of preparing for scorching has dropped significantly.

Of these, the financial results from April to June announced by Mitsubishi UFJ Financial Group on the 2nd showed a final profit of 383 billion yen, which is about double the same period last year.



The balance of loans to companies affected by the new coronavirus continues to be high, but since there were fewer bankruptcies than expected, the cost of preparing for the burning of loans called "credit-related costs" was significantly higher. It has decreased.



Credit-related expenses for other major financial groups also decreased, and Mizuho Financial Group's final profit doubled to 250.5 billion yen, and Sumitomo Mitsui Financial Group doubled to 203.2 billion yen.

In addition, Resona Holdings was about 1.5 times as much as 34.2 billion yen.



On the other hand, regarding the outlook, each company has been cautiously looking at the outlook for its initial business results, as the area covered by the state of emergency has expanded rapidly from the 2nd.

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