Sumitomo Mitsui Trust Holdings Inc

8309: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	¥‎3,841.00	Hytct	Gmnfbsz

Updating Forecasts for Japanese Banks After Interim Yuho Reports; SMFG Is Our Top Pick

Michael Makdad

Dec 1, 2022

We update our forecasts for Japanese banks following their interim audited financials (yuho filings), which have information breaking down domestic and overseas interest income and loan amounts not included in quarterly earnings.

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