Professional
Added to YB: 2024-05-28
Pitch date: 2024-03-31
8309.T [bullish]
Sumitomo Mitsui Trust Holdings, Inc.
+48.59%
current return
Author Info
No bio for this author
Company Info
Sumitomo Mitsui Trust Holdings, Inc. operates as a trust bank in Japan and internationally. It offers supervising services for management strategies, and financial and human resource management; and general affairs, business process, corporate administration, operational process, risk, and compliance management services; and internal auditing services.
Market Cap
JPY 2.7T
Pitch Price
JPY 3.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
33.90
EV/Sales
N/A
Sector
Banks
Category
growth
Harris Associates Japan Strategy Portfolio Holding: Sumitomo Mitsui Trust Holdings, Inc.
SMTB.JP: Well-run Japanese bank to gain from stronger economy, loan growth & asset prices. Cost-focused mgmt prioritizes fees. Completed ¥20B buyback of 10M shares in March. Positioned for upside as Japan recovers.
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