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Insights

Japanese Equities Show Decreasing Volatility

SuMi's Coffee Break Column: Katsunori Ogawa, Chief Portfolio Manager of the Sakigake Strategy, explores how Japanese equities have shown decreasing volatility and a high risk-return efficiency in comparison to US equities.
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Insights

Resurrection of Small Caps

After several years of Japanese small cap underperformance against their large cap peers, small cap stocks have started to play catch-up from Q2 2023. In this article, Senior Investment Director Akimichi Oi reviews the historical relationship between the relative valuation and performance of small caps against large caps; and displays how its outperformance is likely to continue given the relative undervaluation of small caps.
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News

Market Review for May 2023

The Japanese stock market reached a 33 year high in May, with the TOPIX index up 3.6% and the Nikkei 225 up 7.0%. The market reacted favourably towards the middle of the month as overseas investors bought up Japanese equities. Meanwhile the market softened towards the month-end as April industrial production fell short of the market consensus.
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News

Japan's Wage Problem is Coming to an End

[EXTERNAL LINK] In this article with Investment Week, Hiroyuki Ueno, chief strategist at SuMi TRUST, discusses how Japan's sluggish wage growth is facing a revival amidst rising inflation and the impact on small and medium sized companies.
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News

Call for Investment in Undervalued Japanese Stocks in NY

[EXTERNAL LINK/JAPANESE ONLY] The Japanese newspaper, The Nikkei, covers the JAPAN FORUM 2023 held in New York, which was co-sponsored by Sumitomo Mitsui Trust Asset Management Americas to promote Japanese financial products to US-based investors. 
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Insights

Three Reasons the Nikkei 225 has Soared to a 33-year High

Japan’s Nikkei 225 index recently reached its highest level since August 1990 on the back of foreign buying and locally driven corporate governance improvements. As such investors’ views on Japanese equities have been changing. In this article, we would like to introduce the three reasons the Nikkei 225 index has jumped up recently.
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News

A Quiet Revolution in Japan's Corporate Governance

[EXTERNAL LINK] In this article with Funds Global Asia, Tetsuro Takase, senior stewardship officer at SuMi TRUST, discusses how corporate governance is changing in Japan, what this means for cross-shareholding, and how this is leading the shift towards more effective strategic investments for sustainable long-term growth.