Endorsement of the Financial Sector Commitment Letter
Date: 15th November 2021
Sumitomo Mitsui Trust Asset Management Co., Ltd. (Representative Director and President: Yoshio Hishida; hereinafter “SuMi TRUST”) is pleased to announce that it has signed the Financial Sector Commitment Letter on Eliminating Commodity-Driven Deforestation announced at the 26th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26).
Market Review for October 2021
Date: 2nd November 2021
TOPIX ended down on the previous month-end. The Japanese equity market was dragged down by some concerns over global stagflation on rising commodity prices, an increase in US bond yield and default of the Chinese property giant, EVERGRANDE.
Normalization After the State of Emergency
Date: 20th October 2021
Market Review for September 2021
Date: 1st October 2021
TOPIX ended up on the previous month-end. Although the Japanese equity market was dampened by concerns over the default of the large Chinese property company, Evergrande and an increase in US bond yield, it rose on the expectations for new leadership after Prime Minister Suga’s announcement to step down and for the normalisation of economic activities with steady progress of Japan’s vaccination campaign.
Promoting Women's Advancement in Japan
Date: 14th September 2021
The End of “Suganomics”
Date: 9th September 2021
Market Review for August 2021
Date: 1st September 2021
TOPIX ended up on the previous month-end. Solid Japanese corporate quarterly earnings results suggested Japan is on track to a recovery from the impact of the pandemic and this pushed the market higher. Although the market temporarily declined on the declaration of the fourth state of emergency following a spike in the number of COVID-19 cases, the news of the US bipartisan infrastructure bill passing in the Senate underpinned the market.
The Wave of Greening is Coming to Japan
Date: 20th August 2021