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Financial Highlights
Ranked Third in Overall Category in Retail Banking Survey
umitomo Mitsui Trust Bank ranked third over-
With housing loans as well, we are working to
all in the 10th annual retail banking survey*,
improve peace of mind and convenience for clients.
which was published in a September 2014 edition
We are extensively streamlining sales and adminis-
of the Nikkei Veritas. Our product lines in particular
trative operations, offering the lowest interest rates
were highly evaluated in asset management and
among major banks and providing unified financing
housing loans, taking first place in both categories.
for purchase and renovation costs for resale homes,
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Special Feature
Wrap accounts, in which we manage funds on
among other measures.
behalf of clients, are one of SMTB’s strengths. We
We will continue making our efforts to improve
are further expanding our line of products that le-
services by strengthening Internet banking and call
verage wrap account know-how such as the invest-
center functions.
ment trust Core Wrap and the insurance product
* The retail banking survey is jointly conducted by Nikkei, Inc. and
Nikkei Research Inc. It compares over-the-counter services and financial instruments at 117 banks in Japan across a variety of dimensions.
Wrap Life. SMTB promotes the upgrading of skills
of the employees who sell these products, giving
them wide-ranging knowledge of investments and
Comprehensive Capabilities of
Sumitomo Mitsui Trust Group
enabling them to clearly explain products to clients.
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Memorandum of Understanding Signed on Cooperation with Misaki Capital Inc.
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s Sumitomo Mitsui Trust Bank shifts its stew-
the stewardship activities carried out by SMTB’s fidu-
ardship activities into full gear, it has formu-
ciary services business.
Initiatives to Facilitate Financing
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lated and published a policy to guide those activities
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SMTB will also consider future cooperation with Mi-
and has entered into a memorandum of understand-
saki Capital in businesses other than fiduciary services,
ing (hereinafter “MoU”) regarding cooperation with
with a view to boosting our solution capabilities relat-
Misaki Capital Inc. Established in October 2013,
ed to enhancing corporate value in anticipation of in-
Misaki Capital is an asset management company
creasingly active investor engagement. Furthermore,
specializing in engaged investment. Its core staff is
SMTB plans to work in concert with Misaki Capital to
drawn from the business strategy consulting and as-
carry out marketing aimed at domestic pension funds
set management industries. Misaki Capital will pro-
and overseas investors for the Misaki Engagement
vide support through this cooperation to enhance
Fund managed by Misaki Capital.
Stewardship activities: Activities that pursue higher medium- to long-term investment returns for beneficiaries by enhancing an investee company’s corporate value and sustainable growth.
Engaged investment: Investments that emphasize constructive “purposeful dialogue” (engagement) with investee companies.
Sumitomo Mitsui Trust Holdings, Inc. 2014 Interim Report
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Signed MoU with CTBC Financial Holding for the Purpose of Business Alliance
CTBC HD will provide total solutions for clients. The
HD) reached an agreement to cooperate on
two will combine their strengths in fields that in-
providing financial services primarily to Japanese
clude support for Japanese and Taiwanese compa-
and Taiwanese clients and signed an MoU to that
nies expanding into mainland China and elsewhere
effect in October 2014.
in Asia, as well as corporate financing, mediation for
CTBC HD is one of Taiwan’s major financial
groups, with subsidiaries that include banking, life
M&As and business alliances, investment products,
Financial Highlights
MTB and CTBC Financial Holding (CTBC
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and real estate related services.
insurance, and securities companies. At its center
is CTBC Bank, which operates branches and local
Special Feature
subsidiaries not only in Taiwan, but also in the U.S.,
Canada, Japan, China, Hong Kong, Singapore,
Thailand, Indonesia, the Philippines, Vietnam, and
India. With the conclusion of the MoU, SMTB and
Conclusion of Business Alliance with Bank of Yokohama
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MTB and the Bank of Yokohama, Ltd. (BOY)
irrespective of the timing of investment. The com-
concluded a strategic relationship agree-
pany will utilize SMTB’s asset-management-related
ment in October 2014 regarding a business alliance
know-how and infrastructure.
Through this business alliance, SMTB and BOY
ment products for individual clients, including joint
will offer investment products that contribute to
establishment of a new asset management compa-
medium-to-long term and stable asset manage-
ny (“New AM Company”). The New AM Company
ment and will further enhance the services that
is expected to start operating in FY2015.
support the building of clients’ assets. SMTB and
The company will manage investment trust prod-
BOY will consider increasing the number of alliance
partners in the future.
Business alliance
Capital contribution
Proposal and sale of
investment products
BOY
Capital contribution
New AM
Company
Provide
know-how
SMTB
Provide know-how
Sumitomo Mitsui Trust Holdings, Inc. 2014 Interim Report
Initiatives to Facilitate Financing
reliable manner and that aim at stable asset growth
Retail
Customers
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related to asset management and sales of invest-
ucts that clients can invest in over the long term in a
Comprehensive Capabilities of
Sumitomo Mitsui Trust Group
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