Sumitomo Mitsui Trust Holdings (TSE:8309) Net Margin % : 2.05% (As of Dec. 2023)

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What is Sumitomo Mitsui Trust Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sumitomo Mitsui Trust Holdings's Net Income for the three months ended in Dec. 2023 was 円5,218 Mil. Sumitomo Mitsui Trust Holdings's Revenue for the three months ended in Dec. 2023 was 円254,602 Mil. Therefore, Sumitomo Mitsui Trust Holdings's net margin for the quarter that ended in Dec. 2023 was 2.05%.

The historical rank and industry rank for Sumitomo Mitsui Trust Holdings's Net Margin % or its related term are showing as below:

TSE:8309' s Net Margin % Range Over the Past 10 Years
Min: 7.99 Med: 15.3 Max: 17.45
Current: 7.99

TSE:8309's Net Margin % is ranked worse than
88.13% of 1458 companies
in the Banks industry
Industry Median: 25.33 vs TSE:8309: 7.99

Sumitomo Mitsui Trust Holdings Net Margin % Historical Data

The historical data trend for Sumitomo Mitsui Trust Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sumitomo Mitsui Trust Holdings Net Margin % Chart

Sumitomo Mitsui Trust Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Net Margin %

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17.45

15.34

13.04

14.60

16.78

Sumitomo Mitsui Trust Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															16.23	14.13	13.29	2.21	2.05

Competitive Comparison of Sumitomo Mitsui Trust Holdings's Net Margin %

For the Banks - Regional subindustry, Sumitomo Mitsui Trust Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sumitomo Mitsui Trust Holdings's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Trust Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Trust Holdings's Net Margin % falls into.

Sumitomo Mitsui Trust Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sumitomo Mitsui Trust Holdings's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	191000	/	1138454
	=	16.78 %

Sumitomo Mitsui Trust Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5218	/	254602
	=	2.05 %

Sumitomo Mitsui Trust Holdings (TSE:8309) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Sumitomo Mitsui Trust Holdings Net Margin % Related Terms

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Sumitomo Mitsui Trust Holdings (TSE:8309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Trust Holdings Inc (TSE:8309) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

SUTNY:USA CMTDF:USA MIU:Germany

Address

1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8233

Website

https://www.smth.jp

Sumitomo Mitsui Trust Holdings is the fifth-largest Japanese bank by assets and revenue, with a market share of domestic loans of 3.2% as of March 2023. It is the only remaining stand-alone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTH is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.

Sumitomo Mitsui Trust Holdings (TSE:8309) Headlines

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