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The company was established in January 2001 [2] through an accord of Mizuho Trust & Banking Co,. Ltd., The Dai-Ichi Kangyo Bank, Ltd., The Fuji Bank, Ltd., The Industrial Bank of Japan, Ltd., Asahi Mutual Life Insurance Company, The Dai-ichi Mutual Life Insurance Company, Fukoku Mutual Life Insurance Company, and Yasuda Mutual Life Insurance Company. [3]
JTSB was established on June 20, 2000, by Daiwa Bank and Sumitomo Trust & Banking Co., Ltd. and began operations on July 25, 2000. Sumitomo Trust transferred part of its trust business and other assets to JTSB in October 2000, and Daiwa followed suit in June 2001.
Japan Post (Nihon Yūsei Kōsha (日本郵政公社)), restructured to Japan Post Bank in 2007.; Agriculture Forestry and Fisheries Finance Corporation (AFC; Nōrin Gyogyō Kin'yū Kōko (農林漁業金融公庫)), merged to JFC in 2008.
The merger of the Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan in 2000 was followed by the merger of their respective trust banking subsidiaries, [2] [3] creating Mizuho Trust & Banking Co.
Sumitomo Trust Co., Ltd. was founded in July 1925 with capital of 20 million yen and its headquarters in Awajicho, Osaka. It changed its name to Fuji Trust & Banking Co., Ltd. in 1948 and adopted the name Sumitomo Trust and Banking Co., Ltd. (住友信託銀行株式会社) in 1952.
The Mitsubishi UFJ Trust and Banking Corporation Scholarship Foundation was established in 1953. Since then, it has provided over 5000 scholarships to undergraduate and graduate Japanese and foreign students (as of 2011, approximately 90% have been Japanese and 10% have been foreign). [1]
By the end of 2016, the Master Trust Bank of Japan had round about 4.9 percent of the Japanese advertiser Dentsu, Inc. [5] By the end of 2022, it holds circa 15.4 percent shares of Toyo Tires, worldwide according revenue the tenth biggest manufacturer of tires.