The combined net profits of Japan's five major banking groups rose 2.7% on the year in April-June due partly to growth in income from their lending operations reflecting interest rate hikes by the Bank of Japan. https://www.japantimes.co.jp/business/2025/08/05/companies/japan-banks-earnings-up/?utm_medium=Social&utm_source=mastodon #business #companies #banks #mufg#sumitomomitsui #mizuho #donaldtrump #tariffs