Sumitomo Mitsui Trust Holdings Inc (JP:8309)
:8309
Want to see JP:8309 full AI Analyst Report?
Top Page
Sumitomo Mitsui Holdings
(8309)
Select Model
Select Model
Rating:68Neutral
Price Target:
¥6,143.00
▲(24.03% Upside)
Action:Downgraded
Date:05/15/26
The score is driven primarily by improving but mixed fundamentals: strong revenue/earnings momentum is offset by high/variable leverage and notably volatile cash-flow readings. Technicals add support with a clear uptrend and positive momentum, though near-term conditions look stretched. Valuation is a positive contributor due to a low P/E and a solid dividend yield.
Positive Factors
Strong revenue and EPS growth
Material top-line expansion and meaningful EPS growth indicate durable demand and improving profitability. Sustained revenue and earnings momentum enhances internal capital generation, funds strategic investments, and supports long-term credit capacity across economic cycles, strengthening franchise resilience.
Negative Factors
High and inconsistent leverage
Pronounced and variable leverage raises funding and regulatory risk over time. Fluctuating debt levels amplify sensitivity to interest-rate moves, constrain capital allocation, and can force defensive measures in downturns. Persistent leverage volatility undermines predictable return-on-equity improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue and EPS growth
Material top-line expansion and meaningful EPS growth indicate durable demand and improving profitability. Sustained revenue and earnings momentum enhances internal capital generation, funds strategic investments, and supports long-term credit capacity across economic cycles, strengthening franchise resilience.
Read all positive factors
Sumitomo Mitsui Holdings (8309) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥3.81T
Dividend Yield3.31%
Average Volume (3M)1.91M
Price to Earnings (P/E)11.9
Beta (1Y)1.08
Revenue Growth0.67%
EPS Growth25.79%
CountryJP
Employees22,911
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)394.52
Shares Outstanding698,813,000
10 Day Avg. Volume2,518,670
30 Day Avg. Volume1,909,833
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)0.97
Price to Sales (P/S)1.17
P/FCF Ratio4.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥6,000.00Price Target Upside21.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)490.12
Revenue Forecast (FY)¥958.02B
Sumitomo Mitsui Holdings Business Overview & Revenue Model
Company Description
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 corporate administration, operational process, r...
How the Company Makes Money
SMFG makes money primarily through the earnings generated by its operating subsidiaries, with banking as the core profit engine. Key revenue streams include: (1) Net interest income: The group earns interest on loans and other interest-earning ass...
Sumitomo Mitsui Holdings Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
54
Neutral
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.79T | 2.95T | 2.78T | 2.34T | 1.69T | 1.27T |
| Gross Profit | 1.48T | 1.64T | 1.51T | 1.21T | 1.14T | 1.16T |
| EBITDA | 367.01B | 482.13B | 404.16B | 142.56B | 312.23B | 266.72B |
| Net Income | 281.77B | 317.57B | 257.63B | 79.20B | 191.00B | 169.08B |
Balance Sheet | ||||||
| Total Assets | 79.72T | 82.17T | 78.25T | 75.88T | 69.02T | 64.63T |
| Cash, Cash Equivalents and Short-Term Investments | 27.50T | 27.42T | 25.17T | 22.83T | 21.60T | 18.22T |
| Total Debt | 18.57T | 20.79T | 31.70T | 17.68T | 12.87T | 13.53T |
| Total Liabilities | 76.56T | 78.58T | 75.12T | 72.74T | 12.87T | 61.89T |
| Stockholders Equity | 3.13T | 3.56T | 3.10T | 3.11T | 2.79T | 2.72T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 711.07B | 0.00 | 1.40T | 2.55T | -172.08B |
| Operating Cash Flow | 0.00 | 727.72B | 0.00 | 1.47T | 2.62T | -120.26B |
| Investing Cash Flow | -1.76T | -3.32T | -1.76T | -2.58T | 960.27B | -879.21B |
| Financing Cash Flow | -47.59B | 2.06T | 679.22B | -85.75B | -217.51B | -125.08B |
Sumitomo Mitsui Holdings Technical Analysis
Neutral
4953.00
Price Trends
5295.28
Positive
5187.21
Positive
4685.44
Positive
Market Momentum
81.90
Positive
49.40
Neutral
25.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8309, the sentiment is Neutral. The current price of 4953 is below the 20-day moving average (MA) of 5547.80, below the 50-day MA of 5295.28, and above the 200-day MA of 4685.44, indicating a neutral trend. The MACD of 81.90 indicates Positive momentum. The RSI at 49.40 is Neutral, neither overbought nor oversold. The STOCH value of 25.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:8309.
Sumitomo Mitsui Holdings Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥17.54T | 14.07 | 9.14% | 2.38% | -0.74% | 43.85% | |
69 Neutral | ¥4.70T | 17.63 | 8.37% | 1.80% | 16.13% | 23.10% | |
69 Neutral | ¥1.85T | 17.00 | 7.83% | 2.54% | 23.44% | 31.25% | |
68 Neutral | ¥3.81T | 11.95 | 9.31% | 3.31% | 0.67% | 25.79% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | ¥10.97T | 20.82 | 5.28% | 2.73% | 26.25% | 28.43% | |
59 Neutral | ¥5.81T | 15.69 | 3.72% | 3.03% | -0.10% | 8.09% |
* Financial Sector Average
JP:8309
Sumitomo Mitsui Holdings
5,474.00
1,776.79
48.06%
JP:8308
Resona Holdings
2,039.50
781.44
62.11%
JP:7186
Concordia Financial Group
1,623.50
717.16
79.13%
JP:6178
JAPAN POST HOLDINGS Co
2,068.00
710.41
52.33%
JP:7182
Japan Post Bank Co
3,069.00
1,560.60
103.46%
JP:8411
Mizuho Financial Group
7,195.00
3,330.95
86.20%
Sumitomo Mitsui Holdings Corporate Events
Sumitomo Mitsui Trust Group Unveils Asset‑Led Medium‑Term Growth Plan for 2026–2028
May 14, 2026
Sumitomo Mitsui Trust Group has unveiled a new medium‑term management plan for fiscal years 2026 to 2028, following the near‑completion of its previous plan that strengthened profitability, capital efficiency and strategic investment c...
Sumitomo Mitsui Trust Group Raises Shareholder Payout Target and Links Dividends to Adjusted Profit
May 14, 2026
Sumitomo Mitsui Trust Group has revised its shareholder return policy to better balance capital adequacy, growth investment, and returns, after meeting prior goals of progressive dividends and maintaining a payout ratio of at least 40%. The group ...
Sumitomo Mitsui Trust Group Plans 4-for-1 Stock Split and Charter Change
May 14, 2026
Sumitomo Mitsui Trust Group has approved a four-for-one split of its common stock, effective August 1, 2026, aiming to lower the per-share investment price and make its shares more accessible to a wider range of investors. The move is designed to ...
Sumitomo Mitsui Trust Group Launches ¥50 Billion Share Buyback and Cancellation
May 14, 2026
Sumitomo Mitsui Trust Group has approved a share repurchase of up to 14 million common shares, representing about 2% of shares outstanding, for a maximum total of ¥50 billion between May 15 and September 30, 2026, via market purchases on the ...
Sumitomo Mitsui Trust Group Lifts Profit, Ups Dividend and Announces Four-for-One Stock Split
May 14, 2026
Sumitomo Mitsui Trust Group reported a modest 2.1% rise in ordinary income to ¥2.98 trillion for the year ended March 31, 2026, while ordinary profit climbed 9.2% and net income attributable to owners surged 23.3% to ¥317.6 billion, lift...
Sumitomo Mitsui Trust Group Lifts FY2025 Profit and Dividend Forecasts
Apr 30, 2026
Sumitomo Mitsui Trust Group revised upward its consolidated earnings forecast for the fiscal year ending March 31, 2026, marking a second increase for FY2025. The group now projects net income attributable to owners of the parent at ¥317 bill...
Sumitomo Mitsui Trust Group Corrects Third-Quarter Fiscal 2025 Trust Account Figures
Apr 20, 2026
Sumitomo Mitsui Trust Group has issued a correction to the explanatory materials for its third-quarter fiscal 2025 results, originally disclosed alongside its nine‑month consolidated financial statements under Japanese GAAP. The revision aff...
Sumitomo Mitsui Trust to Turn Leasing Unit into Joint Venture with Fuyo and Yokohama FG
Mar 30, 2026
Sumitomo Mitsui Trust Bank, Fuyo General Lease, and Yokohama Financial Group have signed a memorandum of understanding to restructure Sumitomo Mitsui Trust Panasonic Finance into a joint venture. The move is part of Sumitomo Mitsui Trust GroupR...
Sumitomo Mitsui Trust Group Reshapes Top Management Ahead of April 2026
Feb 26, 2026
Sumitomo Mitsui Trust Group announced leadership changes effective April 1, 2026, appointing Managing Executive Officer Masanori Watanabe as Representative Executive Officer and CFO of the holding company. Watanabe, a long-time group insider with ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.