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]

The Master Trust Bank of Japan
日本マスタートラスト信託銀行株式会社
Founded2000 (2000)
Headquarters,
Key people
Kaoru Wachi (President)
JPY 717 million (2016)
AUMJPY 371 trillion (2016)
Total assetsJPY 6,217.9 billion (2016)
Total equityJPY 21.8 billion (2016)
OwnerMitsubishi 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%)
ParentMitsubishi UFJ Financial Group
Websitemastertrust.co.jp

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

  1. "GREETINGS". www.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. "Group Companies in Japan : Mitsubishi UFJ Trust and Banking". www.tr.mufg.jp. Retrieved 2016-12-13.
  4. "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.
  5. "2016ディスクロージャー誌" (PDF). The Master Trust Bank of Japan, Ltd.
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