Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Sumitomo Mitsui Holdings ( (JP:8309) ) has shared an update.
Sumitomo Mitsui Trust Group, Inc. reported a significant increase in its consolidated financial results for the fiscal year ended March 31, 2025, compared to the previous year. The rise in ordinary income was driven by higher interest profits from loans, discounts, and securities, while ordinary profit benefited from the elimination of losses related to Japanese equity bear type mutual funds. This improvement reflects the company’s strengthened financial position and strategic adjustments, potentially enhancing its market competitiveness and stakeholder value.
The most recent analyst rating on (JP:8309) stock is a Hold with a Yen3780.00 price target. To see the full list of analyst forecasts on Sumitomo Mitsui Holdings stock, see the JP:8309 Stock Forecast page.
More about Sumitomo Mitsui Holdings
Sumitomo Mitsui Trust Group, Inc. operates in the financial services industry, focusing on banking, trust, and asset management services. It is a prominent player in the Japanese market, offering a range of financial products and services to individual and corporate clients.
Average Trading Volume: 2,761,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen2530.3B
Find detailed analytics on 8309 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue