Master Trust Bank of Japan

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Template:Nihongo 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

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%).<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

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).<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Shares

By the end of 2016, the Master Trust Bank of Japan had about 4.9 percent of the Japanese advertiser Dentsu, Inc.<ref>Kommission zur Ermittlung der Konzentration im Medienbereich: Jahresbericht 2016/2017, Page 71 (German, PDF-file, 2,9 MB), Retrieved 14. January 2024.</ref> At the end of 2022, it held circa 15.4 percent shares of Toyo Tires, which according to revenue was the tenth biggest manufacturer of tires in the world.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Furthermore, it is with 10 percent the biggest shareholder of the Japanese investment company Softbank; Softbank being an early investor in the Chinese e-commerce company Alibaba.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

References

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