Svmuu News: Mitsubishi UFJ Financial Group (MUFG), Japan's largest bank, has become the most valuable company in Japan by market capitalization, marking the first time a Japanese bank has topped the list since the current "Big Three" banking group structure was established.
According to data compiled by Bloomberg, MUFG's shares rose 2.3% on Monday to 3,541 yen, pushing its market capitalization to 42 trillion yen ($259 billion). This surpasses Toyota Motor's market cap of approximately 41 trillion yen and Kioxia Holdings' approximately 36.7 trillion yen. (Jinshi)
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Mitsubishi UFJ's Market Capitalization Surpasses Toyota Motor's, Topping the Japanese Stock Market
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