July 11, 2025 06:07 AM GMT Morgan Stanley MUFG Securities Co., Ltd.+ Mia Nagasaka Equity Analyst Mia.Nagasaka@morganstanleymufg.com +81 3 6836-8406 | Banks | | | --- | --- | | Japan | | | Industry View | In-Line | | Insurance | | | Japan | | | Industry View | Attractive | | Brokers & Other Financials | | | Japan | | | Industry View | Cautious | Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a confl ...