5 Best Japanese Stocks to Invest in 2022

3. Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Number of Hedge Fund Holders: 12     

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services. It is one of the major Japanese stocks to invest in. On September 19, the firm announced that it had entered into a deal with US Bancorp to exercise the right under purchase agreement for US Bank’s acquisition of Mitsubishi UFJ Financial Group Union Bank’s core regional banking franchise to extend the termination date to December 31, 2022. 

At the end of the second quarter of 2022, 12 hedge funds in the database of Insider Monkey held stakes worth $22.8 million in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG), compared to 12 in the previous quarter worth $37 million.