Mitsubishi UFJ Lease & Finance Co. Ltd. revised up its guidance of net profit for the fiscal year ending March 31 by 14%, citing lower corporate tax in the U.S.

It now expects ¥61.00 billion in net profit for the period, compared with ¥53.50 billion it previously forecast, it said in a March 23 release.

As of March 23, US$1 was equivalent to ¥104.94.