Sumitomo Mitsui Trust Holdings, Inc. history, profile and corporate video
Sumitomo Mitsui Trust Holdings, Inc. (formerly Chuo Mitsui Trust Holdings, Inc.) is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It was established in April 2011 through the share exchange between Chuo Mitsui Trust Holdings, Inc. (founded in March 1924) and The Sumitomo Trust and Banking Co., Ltd. (founded in July 1925).
Its main operating company is Sumitomo Mitsui Trust Bank, Limited, which was established on April 2012 through a merger among The Chuo Mitsui Trust and Banking Company, Limited, Chuo Mitsui Asset Trust and Banking Company, Limited, and The Sumitomo Trust and Banking Co., Ltd.
The company operates through the following businesses: Retail Total Solution Services Business, Wholesale Total Solution Services Business, Wholesale Asset Management Business, Stock Transfer Agency Services Business, Real Estate Business, Fiduciary Services Business, and Global Markets Business.
The Retail Total Solution Services Business provides asset management, administration of real estate and other property, loans such as mortgage loans, support for asset formation through installments, insurance products, and others
The Wholesale Total Solution Services Business involves loans and arrangement of various financing schemes, corporate consultations, and M&A advisory services.
The Wholesale Asset Management Business leverage the diverse asset management and administration know-how cultivated by the Group in areas ranging from securities to real estate, private equity, aircraft, and other various projects.
The Stock Transfer Agency Services Business works as an “agent of record for listed companies” provided for in the Companies Act and undertakes stock-related services on behalf of clients.
The Real Estate Business provides a full line of services from brokerage to securitization and investment management in response to the real estate-related needs.
The Fiduciary Services Business provides services ranging from design of pension systems to management and administration.
The Global Markets Business involves marketing operations, market-making operations, investment operations, financial management operations, and management & settlement.
Sumitomo Mitsui Trust Holdings is one of the core companies of Mitsui Group, which is one of the largest corporate groups in the world. The group also includes Mitsui & Co. (general trading company), Sumitomo Mitsui Banking Corporation, Sapporo Breweries, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Mitsui Fudosan Co., Ltd., Mitsui Engineering & Shipbuilding, and Mitsui O.S.K. Lines.
With more than 21 000 employees, Sumitomo Mitsui Trust Holdings, Inc. is considered one of the top 2000 largest public companies in the world, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and ”www.smth.jp/en”.
**Video published on YouTube by “Economy Trivia“.