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News
In March, Japanese equities declined with the TOPIX and Nikkei 225 indices dropping by 0.9% and -4.1%, respectively. The decline was driven by concerns over U.S. President Trump’s tariff proposals, a rising yen, and fears of a global economic slowdown.
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News
Bank of Japan holds rates and warns of trade uncertainty
Date: 20th March 2025
[External Link] Katsutoshi Inadome, Chief Strategist at SuMi TRUST AM, shared his comments on the outlook for Japan's monetary policy as the Bank of Japan announced it would make no changes at present.
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Insights
Initiative on Work Style Reform at Itochu Corp: A Stewardship Perspective on Japanese Corporate Work Style Reform
Shinji Ayuha, Senior Stewardship Officer
Date: 13th March 2025
Here, we will explore the challenges related to work styles in Japan and the initiatives undertaken by Japanese corporations, with a special focus on the case of Itochu Corporation.
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News
Market Review for February 2025
Date: 3rd March 2025
In February, the Japanese equity market declined with the TOPIX and Nikkei 225 indices dropping by -3.8% and -6.1% respectively. A number of factors including continued concern over President Trump’s tariffs on U.S. imports, failed ceasefire negotiations between Ukraine and Russia, and speculation over further Bank of Japan interest rate hikes led to volatility.
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Press Release
SuMi TRUST AM wins AAM 2025 Best of the Best Awards
Date: 28th February 2025
Sumitomo Mitsui Trust Asset Management Co., Ltd. received awards in multiple categories in the Asia Asset Management (AAM) 2025 Best of the Best Awards.
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Insights
Coffee Break Column – Hitachi: How the obstinate titan reclaimed favour
Katsunori Ogawa, Chief Portfolio Manager of Sakigake HA
Date: 5th February 2025
Once dubbed a "sinking giant" wrestling with substantial losses, Hitachi was awarded the scarlet letters of JTC- ‘Japanese Traditional Company’. In this article we will explore Hitachi’s remarkable transformation.
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News
Market Review for January 2025
Date: 3rd February 2025
In January, the Japanese equity market saw modest movements, with the TOPIX up by 0.1% and the Nikkei 225 down by 0.8% at the month end. A number of factors including a rate hike by the Bank of Japan, the Fed holding rates in place and setbacks for US AI companies led to some volatility within the month.
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News
Market Review for December 2024
Date: 6th January 2025
In December, the Japanese equity market rebounded with the TOPIX and Nikkei 225 indices ending the month up by 3.89% and 4.41% respectively. Despite a US rate cut of 0.25% by the Fed, the Bank of Japan’s dovish stance contributed to the weakening of the yen.
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Insights
Coffee Break Column – Discovering A New Tokyo Through Designer Toilets
Katsunori Ogawa, Chief Portfolio Manager of Sakigake HA
Date: 16th December 2024
Unveiling Shibuya’s Hidden Gems
Have you heard of the 'THE TOKYO TOILET SHUTTLE TOUR' in Shibuya? This tour takes about two hours, and participants visit eight to nine designer toilets. These destinations include unique public restrooms designed by internationally renowned architects and designers such as Tadao Ando and Kengo Kuma.
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Insights
Exercise of Voting Rights: Activist Investors and Takeover Defence Measures from an Asset Manager's Perspective
Shinji Ayuha, Senior Stewardship Officer
Date: 12th December 2024
Here we examine the evolving relationship between companies, asset management firms and activists in the context of exercising voting rights in the Japanese market.