MITSUBISHI UFJ FINANCIAL GROUP, INC

(8306)
  Report
Delayed Japan Exchange  -  02:00 2022-07-05 am EDT
743.00 JPY   +1.12%
07/01MITSUBISHI UFJ FINANCIAL : Notice Regarding Progress on Repurchase of Common Stock (PDF / 85KB)
PU
07/01MITSUBISHI UFJ FINANCIAL : Change of Corporate Executive (PDF / 216KB)
PU
07/01Tranche Update on Mitsubishi UFJ Financial Group, Inc.'s Equity Buyback Plan announced on May 16, 2022.
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Mars Growth, a Liquidity Group Fund, Provides InfraPrime Logistics With $6 Million in Funding

11/09/2021 | 11:04am EDT

Mars Growth, a Liquidity Group and MUFG joint venture fund, provides $6 million in growth credit for InfraPrime Logistics, an India-based startup working to slash the cost of infrastructure development through use of heavy-duty electric trucks, data-driven fleet management and through its platform to match potential customers and fleet operators directly. The term sheet was provided in typical Liquidity Groups record breaking speed, 24 hour due diligence utilizing the Liquidity Analysis platform. The transaction brings Liquidity Groups deployment to companies to over $750 million, targeting $1 billion by year end 2021.

Mars Growth is excited about InfraPrime Logistics’ journey and their growth trajectory during this exciting time in the logistics sector. Their technology leads the way with their advanced ability to bring efficiencies to this critical industry. Mars Growth is committed to supporting high growth companies with scalable funding that helps them continue to create value and efficiencies in the market. InfraPrime, using real-time analytics to increase vehicle utilization and minimize suppliers courting multiple orders, leads to improved convenience and transparency of assets in the field.

“This transaction reflects our strategy of moving at light speed to provide the growth funding companies need to expand and make an impact on the world,” said Ron Daniel, CEO and co-founder of Liquidity Group. “Our machine learning due diligence system enabled us to deploy funding in support of InfraPrime Logistics’ rapid growth.”

India-based InfraPrime Logistics is a developer of heavy-duty electric trucks for logistics. It provides the lowest carbon emission electric commercial vehicles, trucks and tractor-trailers for mines, ports, infrastructure development, construction and goods transportation with more than 5,000 fleet operators across multiple regions in India.

“InfraPrime Logistics is a pioneering company focused on increasing efficiency and reducing emissions with electric vehicles and data-driven solutions,” said Yaron Primovich, Managing Director of Mars Growth. “We are very pleased to be partnering with InfraPrime Logistics and working with their great team.”

“The Mars team not only provided us a great financial alternative to enable accelerated growth but also validated our plans and ambitions through their ‘Liquidity Analysis’ platform,” said InfraPrime Logistics CEO and co-founder Subodh Yadav. “From the initial discussion, the entire process was effortless and took only a few days before they presented us with a term sheet. Their financing is a great option for us in fueling our growth without diluting our shareholding. At InfraPrime Logistics, we are halving the cost of infrastructure development through electric vehicles and data-driven fleet management.”

About Liquidity Group:

Founded in 2018, the Liquidity Group is a global capital market credit automation company and fund manager providing growth capital through funds focused on the US, Asia, Europe and the Middle East. Liquidity Group’s subsidiary fund, Singapore-based Mars Growth Capital, and its partner MUFG [MUFG:NYSE] jointly handle the company’s South East Asia activity. It combines real-time data with proprietary machine learning technology to offer tailored financing that matches a company’s future growth. Liquidity Group operates three main divisions: Analysis, Capital, and Market Syndication, which together provide global lenders a complete cycle of scaled and quick credit deployment. https://www.liquiditygroup.com

About InfraPrime Logistics:

InfraPrime Logistics is a startup founded in 2017 with a mission of revolutionizing the construction logistics industry by transforming the way drivers fulfill orders and by replacing diesel trucks with electric trucks. In addition to establishing a network of electric truck charging stations on and around the Delhi-Jaipur highway, the company pioneered industry firsts including just-in-time delivery of construction materials, deployment of electric trucks, and roll-out of a driver app that minimizes miscommunication and delay. https://www.infraprimelogistics.com


© Business Wire 2021
All news about MITSUBISHI UFJ FINANCIAL GROUP, INC
07/01MITSUBISHI UFJ FINANCIAL : Notice Regarding Progress on Repurchase of Common Stock (..
PU
07/01MITSUBISHI UFJ FINANCIAL : Change of Corporate Executive (PDF / 216KB)
PU
07/01Tranche Update on Mitsubishi UFJ Financial Group, Inc.'s Equity Buyback Plan announced ..
CI
06/30France's BNP Paribas To Sell US Loan Portfolio In Commodities Finance Exit
MT
06/30Thai Bank of Ayudhya buys Nomura's Thai securities unit for $155.3 million
RE
06/30MITSUBISHI UFJ FINANCIAL : Krungsri to Acquire Capital Nomura Securities Public Company Li..
PU
06/29MITSUBISHI UFJ FINANCIAL : Notice of resolution of the annual general meeting of sharehold..
PU
06/27Mitsubishi UFJ Financial Group, Inc. Announces Management Appointments
CI
06/23Japan's SMFG to buy 10% stake in SBI worth more than $580 mln
RE
06/22Kaga Electronics to Raise $73 Million via Corporate Bonds
MT
More news
Analyst Recommendations on MITSUBISHI UFJ FINANCIAL GROUP, INC
More recommendations
Financials
Sales 2022 3 983 B 29 354 M 29 354 M
Net income 2022 1 119 B 8 243 M 8 243 M
Net Debt 2022 - - -
P/E ratio 2022 8,33x
Yield 2022 3,82%
Capitalization 9 192 B 67 738 M 67 738 M
Capi. / Sales 2022 2,31x
Capi. / Sales 2023 2,22x
Nbr of Employees 148 100
Free-Float 89,2%
Chart MITSUBISHI UFJ FINANCIAL GROUP, INC
Duration : Period :
Mitsubishi UFJ Financial Group, Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MITSUBISHI UFJ FINANCIAL GROUP, INC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 734,80 JPY
Average target price 849,00 JPY
Spread / Average Target 15,5%
EPS Revisions
Managers and Directors
Hironori Kamezawa President, Group CEO & Representative Director
Tetsuya Yonehana Group CFO & Senior Managing Executive Officer
Hiroki Kameda Group Chief Information Officer
Takayoshi Futae Group Co-COO & GM-Global Commercial Banking
Tsutomu Okuda Independent Outside Director