Industrial Capsule: Monetary Intermediation in South Korea

Industrial Capsule: Real Estate Activities in Japan

Industrial Capsule: Research and Development in Japan

Industrial Capsule: Real Estate Activities in China

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

Mitsubishi UFJ Financial (MUFG) (8306 JP)

<ul><li>Industry’s growth capped by weak lending demand<ul><li>Sluggish Japanese economic growth and low demand for lending limited the industry’s expansion in 2016. Japan’s real GDP growth balanced around 1% in 2016, while the country’s consumer spending was curbed by stagnating wages.</li></ul></li><li>Profits suffer as Bank of Japan decreases interest rate to negative<ul><li>The negative interest rate policy had an adverse impact on the industry’s profits, especially affecting banks’ net interest margins.</li></ul></li><li>Revenue diversification increases in importance<ul><li>Against the backdrop of declining interest income, industry players are expected to turn to diversification of earnings.</li></ul></li></ul>

Industry’s growth capped by weak lending demandSluggish Japanese economic growth and low demand for lending limited the industry’s expansion in 2016. Japan’s real GDP growth balanced around 1% in 2016, while the country’s consumer spending was curbed by stagnating wages.Profits suffer as Bank of Japan decreases interest rate to negativeThe negative interest rate policy had an adverse impact on the industry’s profits, especially affecting banks’ net interest margins.Revenue diversification increases in importanceAgainst the backdrop of declining interest income, industry players are expected to turn to diversification of earnings.

Sumitomo Mitsui Financial Group (Sponsored Adr) (SMFG US)

Sumitomo Mitsui Financial Group (Sponsored Adr)

Industrial Capsule: Monetary Intermediation in Japan