Sumitomo Mitsui Trust Group Inc

8309: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Sumitomo Mitsui Trust Earnings: Profit Remains on Recovery Track; Fair Value Estimate Up Slightly

Michael Makdad

Nov 13, 2024

Sumitomo Mitsui Trust Group, or SMTG, reported interim earnings of JPY 133 billion (55% of its guidance of JPY 240 billion for the year ending March 2025) and announced a JPY 30 billion buyback, around 1.2% of shares outstanding at current prices.

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Sumitomo Mitsui Trust Group Inc

Sumitomo Mitsui Trust Earnings: Profit Remains on Recovery Track; Fair Value Estimate Up Slightly

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