Sumitomo Mitsui Trust Holdings

Sumitomo Mitsui Trust Holdings, Inc.
三井住友トラスト・ホールディングス株式会社

Company type	Public (KK)
Traded as	TYO: 8309
Industry	Financial services
Founded	2002; 23 years ago (2002) (as Chuo Mitsui Trust Holdings, Inc.)
Headquarters	Tokyo , Japan
Area served	Worldwide
Key people	Kazuo Tanabe (President)
Services	Personal banking Corporate banking Asset management Investment management
Net income	JPY 83.7 billion (FY 2014)[1]
AUM	US$624 billion (2023)[2]
Total assets	USD$989.7 billion (March 2022)[3]
Number of employees	21,113 (2015)
Subsidiaries	Nikko Asset Management
Website	smth.jp/en

Sumitomo Mitsui Trust Holdings, Inc. (三井住友トラスト・ホールディングス株式会社, Mitsui Sumitomo Torasuto Hōrudingusu Kabushiki Gaisha), formerly Chuo Mitsui Trust Holdings, Inc., is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It provides an assortment of financial products to retail and wholesale customers, with a focus on asset management, financial brokerage, and real estate services.^[4]

Its main operating company is Sumitomo Mitsui Trust Bank, Ltd (三井住友信託銀行株式会社, Mitsui Sumitomo Shintaku Ginkō Kabushiki Gaisha), which is the largest trust company and the fifth-largest bank in Japan measured by assets.

The company has no direct capital relationship with the Sumitomo Mitsui Financial Group; the two banking groups are similarly named because both are descended from the historical Sumitomo and Mitsui conglomerates.

There is just a weak control relationship between Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Financial Group. In fact SM Trust Holdings controls about 66% of Japan Trustee Services Bank. As of March 31, 2017, SM Financial Group's website reports that Japan Trustee Services Bank owned 5.50% of Sumitomo Mitsui Financial Group, but also 1.52% from trust location n. 1 (信託口1), 1.50% from trust location n. 2 (信託口2), 2.05% from location n. 5 (信託口5), 1.36% from trust location n. 7 (信託口7), and 1.85% from trust location n. 9 (信託口9) as well.^[5]