TOKYO (Reuters) -Japan's largest banking group Mitsubishi UFJ Financial Group ( MUFG ) clocked a record annual net profit even as fourth-quarter profit fell by 41%.

MUFG made a net profit of 114 billion yen ($782.11 million) in the January-March quarter compared to 192.8 billion yen in the same period the previous year.

Annual profit hit 1.86 trillion yen, beating its previous record of 1.49 trillion yen last year.

($1 = 145.7600 yen)

(Reporting by Anton Bridge; Editing by Muralikumar Anantharaman)