GLOBAL RESEARCH ARCHIVE
Sumitomo Mitsui Trust Group (8309) Model update: Revising price target to ¥1,617.5 due to stock split
Research evidence excerpt
J P M O R G A N
Asia Pacific Equity Research
05 August 2026
Sumitomo Mitsui Trust Group
(8309)
Model update: Revising price target to ¥1,617.5 due to
stock split
We revise our price target from ¥6,470 to ¥1,617.5 to reflect a 4-for-1 stock split.
There is no change to our earnings forecasts. The effective date of the stock split
is August 1, 2026.
Neutral
8309.T, 8309 JP
Price (05 Aug 26):¥1,661
Price Target (Dec-26):¥1,617.5
Japan Equity Research
Banks
Takahiro Yano, CFA AC
(81-3) 6736-8616
Kohichi Takano
(81-3) 6736 8621
JPMorgan Securities Japan Co., Ltd.
Key Changes (FYE Mar)
Adj. EPS - 27E (¥)
Adj. EPS - 28E (¥)
Prev
Cur Δ
584.84 146.21 -75.0%
587.86 146.97 -75.0%
Style Exposure
Sources for: Style Exposure – J.P. Morgan Global Markets Strategy; all other tables are company data and J.P. Morgan estimates.
The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.
Open report viewer