Shares of U.S.-listed Japanese banking companies are trading lower amid the Nikkei correction. Reports suggest that the Bank of Japan will maintain interest rates at the July meeting.

Shares of U.S.-listed Japanese banks are trading lower. The U.S. Treasury's decision to more than double its repurchases of long-dated government bonds may signal to investors that the BoJ will have to hike rates more aggressively to control yen yields, which would hurt bank margins.

ORIX Q1 EPS $1.60 Up From $0.65 YoY, Sales $5.501B Up From $5.317B YoY

ORIX (NYSE:IX) reported quarterly earnings of $1.60 per share. This is a 146.15 percent increase over earnings of $0.65 per share from the same period last year. The company reported $5.501 billion in sales this

Shares of U.S.-listed Japanese banking companies are trading higher, possibly as the U.S. helps prop up the Japanese Yen, which has struggled due to climbing inflation and oil shortages. Investors may be anticipating that the Bank of Japan may hike rates in September or October.

Shares of U.S.-listed Japanese banking companies are trading higher, possibly after a year-over-year increase in Japanese real wages data supported the case for the Bank of Japan to hike interest rates. The Bank of Japan's meeting minutes highlighted its focus on broadening inflation, with some policymakers pushing for future rate hikes as soon as September.

Mizuho Financial Group shares are trading higher after the company reported a year-over-year increase in its Q2 financial results.

Mitsubishi UFJ Finl Gr Q1 EPS $0.45 Up From $0.33 YoY, Sales $24.520B Up From $22.511B YoY

Mitsubishi UFJ Finl Gr (NYSE:MUFG) reported quarterly earnings of $0.45 per share. This is a 36.36 percent increase over earnings of $0.33 per share from the same period last year. The company reported $24.520 billion