The Bank of Tokyo-Mitsubishi, Ltd.
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| Subsidiary of Mitsubishi UFJ Financial Group | |
| Industry | Financial services |
| Predecessor | The Bank of Tokyo-Mitsubishi, Ltd. UFJ Bank, Ltd. |
| Founded | January 1, 2006 (The Mitsubishi Bank, Ltd.: August 25, 1919) (The Sanwa Bank, Ltd.: 1933) (The Tokai Bank, Ltd.: 1941) |
| Headquarters | Chiyoda, Tokyo (Marunouchi 2-7-1, Chiyoda-ku, Tokyo, 100-8388, Japan), Japan |
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Number of locations
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868 branches (as of March 31, 2009) |
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Area served
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Worldwide |
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Key people
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Katsunori Nagayasu, (President) |
| Services |
Personal banking Corporate banking Investment banking |
| Revenue |
¥2.391 trillion (2009)  15% |
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¥103.8 billion (2009) 24% |
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| Profit |
¥213.9 billion (2009) 113% |
| Total assets |
¥160.8 trillion (as of March 31, 2009)  3% from year earlier |
| Total equity |
¥6.857 trillion (as of March 31, 2009) 14% from year earlier |
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Number of employees
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33,827 (as of March 31, 2009) |
| Parent | Mitsubishi UFJ Financial Group, Inc. |
| Subsidiaries |
UnionBanCal Corporation , Inc. Co., Ltd. |
| Website |
www |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU; 株式会社三菱東京UFJ銀行 Kabushiki Gaisha Mitsubishi Tōkyō Yūefujē Ginkō) is the largest bank in Japan. It was established on January 1, 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. The bank serves as the core retail, corporate, and investment banking arm of the Mitsubishi UFJ Financial Group.
Its traditional client base is made up of Japanese corporates, but overseas corporate lending increased 35% in the nine months to December 31, 2011. The bank has steadily increased its tier 1 capital ratios from 7.76% in 2009 to 13.04% as reported in February 2012, and its credit ratings have been unaffected by developments in Europe. Standard & Poor’s assigned BTMU’s most recent series of senior unsecured bonds an A-plus rating (as at February 2012).
As of 31 October 2010, BTMU was ranked by Bloomberg as the largest bank in Japan and the eighth largest in the world.
The bank's head office is in Marunouchi, Chiyoda, Tokyo, and it has 772 other offices in Japan and 76 offices overseas.
BTMU is the product of three bank mergers that occurred between 1996 and 2006.
Mitsubishi Bank was founded in 1880 by a former samurai, Iwasaki Yatarō, and was a core member of the Mitsubishi Group of companies. It merged with The Bank of Tokyo in 1996 to form The Bank of Tokyo-Mitsubishi, Ltd. (株式会社東京三菱銀行 Kabushiki kaisha tōkyō mitsubishi ginkō), which at that point was the world's largest bank in terms of total assets. In 1998, upon merger of the then second and third largest Swiss banks, Union Bank of Switzerland and Swiss Bank Corporation, the newly created UBS AG became the second largest in the world at the time, behind only the Bank of Tokyo-Mitsubishi. The Bank of Tokyo had historically focused on foreign exchange business since its foundation as the Yokohama Specie Bank in 1880, while Mitsubishi had had a stronger focus on domestic corporate and retail banking. Both banks were relatively healthy in the wake of the Japanese asset price bubble.
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