Taking advantage of the boom in Japanese stock trading, Morgan Stanley's annual revenue in Japan reached a new high, outperforming its peers. According to the filing documents, as of the March fiscal year, the net revenue of the Japanese brokerage subsidiary controlled by the US bank increased by nearly 10% to 168.3 billion yen. The revenue scale surpassed competitor J.P. Morgan Chase's net profit was higher, making it the most profitable foreign investment bank in Japan for the second year in a row. Alberto Tamura, president of Morgan Stanley Mitsubishi UFJ Securities, said that there have been many positive changes in the Japanese economy, including policy initiatives and corporate governance reforms, which continue to bring “strong benefits” to the company. Alberto Tamura added that overseas investors continued to pay attention to Japanese stocks, leading to a rise in stock trading volume; at the same time, the company's cooperation with Mitsubishi UFJ Financial Group helped expand its market share, and the joint venture's net profit also reached a record high.

Taking advantage of the boom in Japanese stock trading, Morgan Stanley's annual revenue in Japan reached a new high, outperforming its peers. According to the filing documents, as of the March fiscal year, the net revenue of the Japanese brokerage subsidiary controlled by the US bank increased by nearly 10% to 168.3 billion yen. The revenue scale surpassed competitor J.P. Morgan Chase's net profit was higher, making it the most profitable foreign investment bank in Japan for the second year in a row. Alberto Tamura, president of Morgan Stanley Mitsubishi UFJ Securities, said that there have been many positive changes in the Japanese economy, including policy initiatives and corporate governance reforms, which continue to bring “strong benefits” to the company. Alberto Tamura added that overseas investors continued to pay attention to Japanese stocks, leading to a rise in stock trading volume; at the same time, the company's cooperation with Mitsubishi UFJ Financial Group helped expand its market share, and the joint venture's net profit also reached a record high.