News & Insights

This report looks at the earnings forecast for FY2019 and FY2020 and the impact of US-China trade frictions on Japanese Companies

Four reasons why Japanese Equities should rally towards the year end

The Japanese government announced that it will support the promotion of cashless services ahead of Tokyo Olympics and Paralympics in 2020 as well as the Osaka Expo in 2025. In this report, we will discuss the development of a cashless society in Japan as well as related stock picks.

The Worldfolio sits down with Yoshio Hishida (President & CEO), Mototsugu Oota (Head of REIT Team) and Masumi Ishida (Chief Fund Manager) to discuss the advantages brought about by this merger, Japan’s booming REIT market and the vision of SMTAM for its future.

Sumitomo Mitsui Trust Asset Management Co., Ltd. has agreed to collaborate with Legal & General Investment Management, a subsidiary of the Legal & General Group, a major U.K. life insurer, on ESG activities.

1. Earnings forecast for FY 2019 2. From Heisei to Reiwa - assuming the challenges and the legacy May 2019 marks the start of a new era, Reiwa. The 30 years of Heisei left Japan with heavy tasks and issues both in economic and corporate management. But looking back, it has not been all about the “lost” and “strayed”. The Heisei era displayed Japan’s economic endurance, tenacity and flexibility. It also made “new gains” and “held its own” during the era.

TOPIX ended April up 1.65% on March end. With little news coming from the domestic market, there continues to be a wait-and-see attitude towards FY2018 earnings results and starting from late-April, FY 2019 earnings guidance announcements.

Tokyo Stock Exchange is considering a tougher standard for listed companies in the 1st Section. The new standard will slash the number of listed companies. In this report, we will talk about TSE review, Japanese market outlook, and stock picks.