SMFG (8316) - 75% Less JGBs than MUFG | Affiliates Show Worsening Profit | Credit Costs ~2x Vs Past
SMFG appears less leveraged to BOJ policy changes than MUFG, especially with ~75% less JGBs. It appears a less interesting alpha story; profit...
663 Views
Japan Post Holdings (6178) Starts Its Bigly Buyback With a Sale from the MOF-Boffins
JPH (6178 JP) today announced they had bought back 126.428mm shares for Ā„132.118bn in from 15-31 August. 103.1mm shs in the ToSTNeT-3, and 23.35mm...
1.5k Views
MUFG (8306) - Biggest JPN Bank, Lowest LDR at 48%: Most Bonds | ROE Surge to 12% May Be Sustainable
With a view on YCC relief, no more negative interest rates, MUFG is one to focus on: largest bank in Japan by assets, mkt cap, low 48% LDR - lower...
747 Views
Integral Corporation Pre-IPO - Thoughts on Valuation
Integral Corporation (5842 JP) is looking to raise around US$123m in its Japan IPO. In this note, we talk about valuations.
747 Views
ECM Weekly (3rd Sep 2023) - Doosan, VNG, Tuhu, Integral, ARM, Zomato, APM, Auckland Int, Daiwa REIT
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
557 Views