The Master Trust Bank of Japan
The Master Trust Bank of Japan, Ltd. (日本マスタートラスト信託銀行株式会社, Nippon Masutā Torasuto Shintaku Ginkō Kabushiki-gaisha) is a trust bank in Japan. It was founded in 2000 and claims to be the first trust bank in Japan to be exclusively engaged in asset administration business.[1]
| Founded | 2000 |
|---|---|
| Headquarters | , |
Key people | Kaoru Wachi (President) |
| JPY 717 million (2016) | |
| AUM | JPY 371 trillion (2016) |
| Total assets | JPY 6,217.9 billion (2016) |
| Total equity | JPY 21.8 billion (2016) |
| Owner | Mitsubishi UFJ Trust and Banking Corporation (46.5%) Nippon Life Insurance Company (33.5%) Meiji Yasuda Life Insurance Company (10.0%) Norinchukin Trust & Banking Co. (10.0%) |
| Parent | Mitsubishi UFJ Financial Group |
| Website | mastertrust |
The company's shareholders are Mitsubishi UFJ Trust and Banking Corporation (46.5%), Nippon Life Insurance (33.5%), Meiji Yasuda Life Insurance (10%) and Norinchukin Trust & Banking Co. (10%).[2] Master Trust Bank is treated as a consolidated subsidiary of Mitsubishi UFJ Trust and Banking, and is by extension part of the Mitsubishi UFJ Financial Group.[3]
It is one of the three main master trust service providers in Japan, alongside Trust & Custody Services Bank (affiliated with Mizuho) and Japan Trustee Services Bank (affiliated with SMFG).[4]
History
Master Trust Bank was founded in 2000 with investments from Mitsubishi Trust Bank, Nippon Life Insurance, Toyo Trust Bank, Meiji Life Insurance and Deutsche Bank. A month after its founding, it became the first Japanese asset administrator to offer online information reporting services.[5]
References
- ^ "GREETINGS". www.mastertrust.co.jp. The Master Trust Bank of Japan, Ltd. Retrieved 2016-12-13.
- ^ "CORPORATE OVERVIEW (as of Jun. 28, 2016)". www.mastertrust.co.jp. The Master Trust Bank of Japan, Ltd. Retrieved 2016-12-13.
- ^ "Group Companies in Japan : Mitsubishi UFJ Trust and Banking". www.tr.mufg.jp. Retrieved 2016-12-13.
- ^ "マスタートラスト｜用語集｜企業年金連合会". www.pfa.or.jp. Retrieved 2016-12-13.
- ^ "2016ディスクロージャー誌" (PDF). The Master Trust Bank of Japan, Ltd.
External links
- The Master Trust Bank of Japan, Ltd. (in Japanese)