Master Trust Bank of Japan
{{Short description|Japanese trust bank}}
{{Expand Japanese|date=February 2024}}
{{Infobox company
| name = 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
| logo =
| founded = {{Start date and age|2000}}
| location_city = Minato, Tokyo
| location_country = Japan
| key_people = Kaoru Wachi (president)
| net_income = JPY 717 million (2016)
| aum = JPY 371 trillion (2016)
| assets = JPY 6,217.9 billion (2016)
| equity = JPY 21.8 billion (2016)
| parent = Mitsubishi UFJ Financial Group
| 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%)
| website = {{URL|mastertrust.co.jp}}
}}
{{Nihongo|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.{{Cite web|url=http://www.mastertrust.co.jp/english/index.html|title=GREETINGS|last=|first=|date=|website=mastertrust.co.jp|publisher=The Master Trust Bank of Japan, Ltd.|access-date=2016-12-13}}
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%).{{Cite web|url=http://www.mastertrust.co.jp/english/corporate.html|title=Corporate Overview (as of Jun. 28, 2016)|last=|first=|date=|website=www.mastertrust.co.jp|publisher=The Master Trust Bank of Japan, Ltd.|access-date=2016-12-13}} 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.{{Cite web|url=http://www.tr.mufg.jp/english/aboutmutb/company/group.html|title=Group Companies in Japan : Mitsubishi UFJ Trust and Banking|website=tr.mufg.jp|access-date=2016-12-13}}
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).{{Cite web|url=https://www.pfa.or.jp/yogoshu/ma/ma03.html|title=マスタートラスト｜用語集｜企業年金連合会|website=pfa.or.jp|access-date=2016-12-13}}
Shares
By the end of 2016, the Master Trust Bank of Japan had round about 4.9 percent of the Japanese advertiser Dentsu, Inc.Kommission zur Ermittlung der Konzentration im Medienbereich: [https://www.kek-online.de/fileadmin/user_upload/KEK/Publikationen/Jahresberichte/19._Jahresbericht.pdf Jahresbericht 2016/2017, Page 71] (German, PDF-file, 2,9 MB), Retrieved 14. January 2024. By the end of 2022, it holds circa 15.4 percent shares of Toyo Tires, worldwide according revenue the tenth biggest manufacturer of tires.{{cite web |url=https://www.marklines.com/en/top500/toyo-tire#history |title=Toyo Tire Corporation (Formerly Toyo Tire & Rubber Co., Ltd.) - MarkLines Automotive Industry Portal |work=marklines.com |date=2022-12-31 |access-date=2024-01-13}}{{cite web|access-date=2024-01-13|date=2023-06-14|title=Umsatzstärkste Reifenhersteller 2022|url=https://de.statista.com/statistik/daten/studie/223875/umfrage/umsatzstaerkste-reifenhersteller-weltweit|work=de.statista.com}} 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.{{cite web |first=Mensholong |last=Lepcha |url=https://capital.com/softbank-shareholder-who-owns-most-sftby-stock |title=Softbank Shareholders, Who Owns The Most Shares of Softbank? |work=capital.com |date=2022-11-23 |access-date=2024-01-14}}
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.{{Cite web|url=http://www.mastertrust.co.jp/company/pdf/discro_2016.pdf|title=2016ディスクロージャー誌|last=|first=|date=|website=mastertrust.co.jp|publisher=The Master Trust Bank of Japan, Ltd.|access-date=}}
References
External links
- [http://www.mastertrust.co.jp/ The Master Trust Bank of Japan, Ltd.] {{in lang|ja}}
{{DEFAULTSORT:Master Trust Bank of Japan}}
Category:Financial services companies based in Tokyo
Category:Mitsubishi UFJ Financial Group