The_Master_Trust_Bank_of_Japan

The Master Trust Bank of Japan

The Master Trust Bank of Japan

Japanese trust bank


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]

Quick Facts Founded, Headquarters ...

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]

Shares

End of 2016 the Master Trust Bank of Japan had round about 4.9 percent of the Japanese advertiser Dentsu, Inc.[5] End of 2022 it hold circa 15.4 percent shares of Toyo Tires, worldwide according revenue the tenth biggest manufacturer of tires.[6][7] Furthermore, it is with 10 percent biggest shareholder of the Japanese investment-company Softbank; last one was for example an early investor in the Chinese e-commerce-company Alibaba.[8]

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.[9]


References

  1. "GREETINGS". mastertrust.co.jp. The Master Trust Bank of Japan, Ltd. Retrieved 2016-12-13.
  2. "Corporate Overview (as of Jun. 28, 2016)". www.mastertrust.co.jp. The Master Trust Bank of Japan, Ltd. Retrieved 2016-12-13.
  3. Kommission zur Ermittlung der Konzentration im Medienbereich: Jahresbericht 2016/2017, Page 71 (German, PDF-file, 2,9 MB), Retrieved 14. January 2024.
  4. "Umsatzstärkste Reifenhersteller 2022". de.statista.com. 2023-06-14. Retrieved 2024-01-13.
  5. Lepcha, Mensholong (2022-11-23). "Softbank Shareholders, Who Owns The Most Shares of Softbank?". capital.com. Retrieved 2024-01-14.
  6. "2016ディスクロージャー誌" (PDF). mastertrust.co.jp. The Master Trust Bank of Japan, Ltd.

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