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![MUFG Bank, Ltd. announces Consolidated Summary Report for the three months ended June 30, 2025 [under Japanese GAAP]](/_next/image?url=https%3A%2F%2Fdims.apnews.com%2Fdims4%2Fdefault%2Fdcac1a4%2F2147483647%2Fstrip%2Ftrue%2Fcrop%2F700x394%2B0%2B28%2Fresize%2F1440x810!%2Fquality%2F90%2F%3Furl%3Dhttps%253A%252F%252Fassets.apnews.com%252F90%252F29%252F4e3c1cc7446089a9101a7bdff4c8%252Fdefaultshareimage-copy.png&w=3840&q=100)
![MUFG Bank, Ltd. announces Consolidated Summary Report for the three months ended June 30, 2025 [under Japanese GAAP]](/_next/image?url=https%3A%2F%2Fall-logos-bucket.s3.amazonaws.com%2Fapnews.com.png&w=48&q=75){kind=small}
Associated Press
07-08-2025
- Automotive
- Associated Press
MUFG Bank, Ltd. announces Consolidated Summary Report for the three months ended June 30, 2025 [under Japanese GAAP]
TOKYO--(BUSINESS WIRE)--Aug 7, 2025-- Mitsubishi UFJ Financial Group, Inc. today announced the completion of an interim review of the Japanese-language original version of its quarterly consolidated financial statements for the three months ended June 30, 2025 under Japanese GAAP conducted by a Japanese audit firm in accordance with the interim review standards for interim financial statements generally accepted in Japan. There have been no changes to the Japanese GAAP quarterly consolidated financial statements for the same period originally announced on August 4, 2025. This announcement as well as the original announcement have been made in Japan in accordance with applicable rules of the Tokyo Stock Exchange and the Nagoya Stock Exchange. - End - 1. This financial summary report contains forward-looking statements regarding estimations, forecasts, targets and plans in relation to the results of operations, financial conditions and other overall management of the company and/or the group as a whole (the 'forward-looking statements'). The forward-looking statements are made based upon, among other things, the company's current estimations, perceptions and evaluations. In addition, in order for the company to adopt such estimations, forecasts, targets and plans regarding future events, certain assumptions have been made. Accordingly, due to various risks and uncertainties, the statements and assumptions are inherently not guarantees of future performance, may be considered differently from alternative perspectives and may result in material differences from the actual result. For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced. 2. The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan ('Japanese GAAP'). Differences exist between Japanese GAAP and the accounting principles generally accepted in the United States ('U.S. GAAP') in certain material respects. Such differences have resulted in the past, and are expected to continue to result for this period and future periods, in amounts for certain financial statement line items under U.S. GAAP to differ significantly from the amounts under Japanese GAAP. For example, differences in consolidation basis or accounting for business combinations, including but not limited to amortization and impairment of goodwill, could result in significant differences in our reported financial results between Japanese GAAP and U.S. GAAP. Readers should consult their own professional advisors for an understanding of the differences between Japanese GAAP and U.S. GAAP and how those differences might affect our reported financial results. To date, we have published U.S. GAAP financial results only on a semiannual and annual basis, and currently do not expect to publish U.S. GAAP financial results for the period reported in this financial summary report. Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the fiscal year ended June 30, 2025. Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd. Please refer to MUFG's website for full information. View source version on CONTACT: MUFG Bank, Ltd. Yoshitaka Sekine, +81-3-3240-1111 Managing Director, Head of Documentation & Corporate Secretary Department Corporate Administration Division KEYWORD: JAPAN ASIA PACIFIC INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: MUFG Bank, Ltd. Copyright Business Wire 2025. PUB: 08/07/2025 05:50 AM/DISC: 08/07/2025 05:49 AM
Associated Press
30-07-2025
- Business
- Associated Press
PushDigits Shares Expert Insights on Choosing the Right Audit Firm for Business in Dubai
Considering taking help from an audit firm in Dubai? It is a big choice and it can influence the compliance, accuracy and success of your business. Don't be afraid, because we have got you covered! These are some basic useful tips that will help you select the most suitable partner based on your needs. 1. Determine Your Requirements Before you open the Google search and start googling the best audit firms in Dubai, why not pull back and ask yourself: Pro tip: Jot down your priorities. This will help you zero in on firms that truly 'get' your business and can offer tailored solutions. 2. Check Their Credentials & Compliance Seek evidence, not just words, make sure any firm you consider is legit! Key Considerations: The reason why it matters: A good accreditation implies that you are working with professionals that do not cheat and safeguards your business. 3. Look for Relevant Experience You want an audit partner who's been there and done that, preferably in your industry. Ask them: A good fit means fewer headaches, more accurate audits, and advice that actually makes sense for your line of work. 4. Dig Into Their Reputation A firm's reputation speaks volumes. Here's how to suss it out: Look for feedback about: Red flags? Move on. Strong feedback? You're making the right choice. 5. Explore Their Services & Tech Not all audit firms are created equal. Some stick to the basics, while others offer: Checklist: The correct technological solutions and services may lead to faster turnarounds and smarter reporting. 6. Compare Pricing & Value It's not just about the cheapest option, it's about getting real value for your money. What to check: Understandable Fee Structure: Are you sure you can clearly describe what you're paying for? Service Packages: Can they be tailored to your needs? Do they cover everything, or are there unknown extras? Long-Term Value: Will the relationship enable you to grow and meet your changing needs better? Tip: Be cautious of vague estimates or unclear billing practices. You don't want unwanted surprises down the line. 7. Don't Overlook Cultural Fit & Communication This one's easy to miss, but it's super important, especially in Dubai's unique business culture. Look for: Once you are on the same wavelength, the entire procedure becomes easier. Conclusion Selecting a good audit firm in Dubai is not merely a tick-the-box task. It's about getting a real partner, just like Push Digits Chartered Accountants, who can help you stay compliant and grow your business. Use this checklist, take your time and trust your instincts. Your business deserves nothing less! Media Contact Company Name: Push Digits Contact Person: Sophia Email: Send Email City: Dubai Country: United Arab Emirates Website: Press Release Distributed by To view the original version on ABNewswire visit: PushDigits Shares Expert Insights on Choosing the Right Audit Firm for Business in Dubai
Independent Singapore
09-06-2025
- Business
- Independent Singapore
Jobseeker who sent out 500 job applications in 2 months is unsure if he should accept the only offer he got back with an 18-month bond
SINGAPORE: A local man who has spent the past two months actively searching for a job and submitting more than 500 applications has finally received an offer. However, the role comes with an 18-month bond, prompting him to question whether accepting the position is a wise decision. In a post shared on Reddit's r/askSingapore forum, the jobseeker explained that the offer is for an audit position, but the contract includes a clause requiring him to serve a two-month notice period and repay three months' worth of salary if he chooses to leave before completing the bond. He added that he had previously worked in a mid-sized audit firm but left that role due to personal reasons. Although he considers the new company to be reputable, the idea of being contractually tied down for a year and a half has made him hesitant. Turning to the online community for guidance, he asked if anyone had encountered similar circumstances and what potential drawbacks he should be aware of before signing the agreement. 'What could the cons be?' he asked. 'Please share your experience so I can make an informed decision. Thank you!' 'You are at a severe disadvantage as an employee…' In the comments, one Singaporean Redditor suggested that the company likely has a high turnover rate, which might explain the strict bond terms and heavy penalties for leaving early. They speculated that these conditions were implemented to discourage staff from resigning prematurely. They continued, 'Quite sure that they're looking for a way to scare or force new joiners into staying for a longer period of time, so that they don't have to spend more money/time training more new folks. Seems like a screaming red flag. If you're out of a job and need this badly, you can take it and continue looking for another job on the side. If you're just window shopping for a new opportunity, this is a hard pass. Don't bother considering.' Another Redditor chimed in, sharing from personal experience that companies with bonds often turn out to have toxic work cultures. A third user added that their own company had similar bond and notice terms, and strongly advised against accepting such offers. They said, 'You can't escape if the environment turns out to be bad, especially if you have a commitment, e.g., BTO (build to order) loans, car loans, etc. They also fire people suddenly. You are at a severe disadvantage as an employee.' Others suggested checking the company's Glassdoor page to get a better understanding of its work environment, management style, and employee experiences. They noted that reading reviews from current and former staff can provide valuable insights into what it's actually like to work there. One advised, 'Check carefully if it is written by HR or another role. Check if it is written by an intern or others. Filter to read the intern's review as well. Different roles may have different experiences. Check if there are signs of nepotism/family business.' Employment bonds According to Legal Advice's website, some companies throw in employment bonds in their contracts to cover the costs of training new hires if they decide to leave early. Basically, it's a way for them to protect their investment, especially if they spent a lot of time and resources getting someone up to speed. However, not all companies play fair with these bonds. In some cases, companies impose hefty penalties or enforce the bond even when no real training was provided. As a result, Singapore courts have ruled many of these bonds unenforceable. If you're being asked to sign one or thinking about adding it to your employment contracts, it's smart to get some legal advice. That way, you can make sure everything's fair, legal, and won't cause headaches down the road. Read also: 'Just seeing her gives me cold sweat' — Accountant wants to quit her job after just one year because her supervisor blames her for everything that goes wrong Featured image by freepik (for illustration purposes only)
