Sumitomo Mitsui Trust Group, Inc.【JP:8309】Stock Price

Sumitomo Mitsui Trust Group operates diverse businesses under a holding company structure. The group is centered on its core subsidiary, Sumitomo Mitsui Trust Bank, and engages in banking operations, asset management and administration, and real estate services. These businesses are operated based on a unified group management strategy.

The company comprises 58 consolidated subsidiaries and 32 affiliated companies accounted for using the equity method. This structure enables the group to provide a wide range of financial services and meet diverse customer needs. Each business segment is reported based on consolidated financial statements.

In banking operations, the group provides fundamental financial services including deposits, lending, and foreign exchange transactions. In asset management and administration, the group manages investment trusts and pension funds, supporting customers' asset formation. In real estate services, the group provides real estate sales, leasing, and management services.

As a listed company subject to insider trading regulations, Sumitomo Mitsui Trust Group complies with regulatory standards. The group determines materiality thresholds for significant facts based on consolidated figures. This approach ensures transparent management.

Sumitomo Mitsui Trust Group has adopted a growth strategy centered on trust services. In its medium-term management plan, the company aims to address social issues and create and expand markets, driving growth with Assets Under Fiduciary (AUF) as its core metric. Key priorities include strengthening advisory, asset management, and asset custody functions, advancing fiduciary capabilities, and improving productivity and profitability.

The company has strengthened its asset management and custody functions, expanding AUF from approximately 58 trillion yen to approximately 64 trillion yen over one year. For individual clients, it offers new money trusts; for corporate clients, it has launched climate change response consulting services. In asset management, group companies leverage their individual strengths to deliver returns to clients.

In advancing fiduciary capabilities, the company prioritizes fiduciary duty and strengthens coordination across the group. It is working to improve service quality and customer convenience while enhancing employee ethics and compliance awareness.

To improve productivity and profitability, the company is promoting AI utilization and digital transformation while strengthening IT infrastructure. It is optimizing the allocation of management resources to enhance corporate value, thereby contributing to sustainable growth and improved well-being for stakeholders.

Over the medium to long term, the company aims to focus on growth areas such as private asset strategies and build long-term trust relationships with stakeholders. By 2030, it targets ROE of 10% or higher, net profit of 300 billion yen or more, and AUF of 800 trillion yen, pursuing high-quality growth.