Businessweek

Mitsubishi UFJ Financial Group, Inc. engages in a range of financial businesses and services, including commercial banking, investment banking, trust banking and asset management services, securities businesses, and credit card businesses, and provides related services to individual and corporate customers in Japan and internationally. Subsidiaries The company's subsidiaries include The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU); Mitsubishi UFJ Trust and Banking Corporation (MUTB); Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD); Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS), Mitsubishi UFJ NICOS Co., Ltd. (Mitsubishi UFJ NICOS), and other companies engaged in a range of financial businesses. BTMU is a commercial banking organization in Japan that provides a range of domestic and international banking services from its offices in Japan and worldwide. MUTB is a trust bank in Japan, providing trust and banking services to meet the financing and investment needs of clients in Japan and the rest of Asia, as well as in the United States and Europe. MUSHD is a wholly owned subsidiary of the company. MUSHD functions as an intermediate holding company of the company’s global securities business. MUMSS is the company’s principal securities and investment banking subsidiary. The company, through MUSHD, holds 60% voting and economic interests in MUMSS. Mitsubishi UFJ NICOS is a credit card company in Japan that issues credit cards, including those issued under the MUFG, NICOS, UFJ, and DC brands, and provides a range of credit card and other related services for its card members in Japan. Operations Integrated Retail Banking Business Group The Integrated Retail Banking Business Group covers domestic retail businesses, including commercial banking, trust banking and securities businesses, and the company offers a range of banking products and services, including financial consulting services, to retail customers in Japan. This business group integrates the retail business of BTMU, MUTB, MUMSS, and other affiliate companies of MUFG. Deposits and Retail Asset Management Services: The company offers a range of bank deposit products, including a non-interest-bearing deposit account that is redeemable on demand and intended primarily for payment and settlement functions, and is insured by the Deposit Insurance Corporation of Japan without a maximum amount limitation. The company offers various asset management and asset administration services to individuals, including savings instruments, such as current accounts, ordinary deposits, time deposits, deposits at notice, and other deposit facilities. The company also offers trust products, such as money trusts, and other investment products, such as investment trusts and foreign currency deposits. The company creates portfolios tailored to customer needs by combining savings instruments and investment products. It also provides a range of asset management and asset administration products, as well as customized trust products for high net worth individuals, as well as advisory services relating to the purchase and disposal of real estate and effective land utilization, and testamentary trusts. Investment Trusts: The company provides a lineup of investment trust products allowing its customers to choose products according to their investment needs through BTMU, MUTB, and MUMSS, as well as kabu.com Securities Co., Ltd., which specializes in online financial services. As of March 31, 2012, BTMU offered its clients a total of 90 investment trusts. Insurance: The company offers insurance products to meet the needs of its customers as a sales agent of third party insurance companies. Its lineup of insurance products consists of investment-type individual annuity insurance, fixed-amount annuity insurance, single-premium whole-life insurance and level-payment insurance. As of March 31, 2012, BTMU offered 40 varieties of insurance products at 448 BTMU branches. MUTB also offers whole life insurance and medical insurance at all of its branches. Financial Products Intermediation Services: The company offers financial products intermediati