April 30, 2020 / 7:51 AM / 25 days ago

Japan's MUFG cuts annual net profit estimate to 520 bln yen

TOKYO, April 30 (Reuters) - Japan’s Mitsubishi UFJ Financial Group Inc said on Thursday it had cut its annual net profit estimate for the year ended in March to 520 billion yen ($4.9 billion) from 750 billion yen, primarily due to a one-off charge at its Thai unit.

$1 = 106.6100 yen Reporting by Takashi Umekawa; editing by David Evans

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