- Chuo Mitsui Trust Holdings
Chuo Mitsui Trust Holdings, Inc. Type Public KK (TYO: 8309) Industry Financial Services Founded 2002 (from merger) Headquarters Tokyo, Japan Key people Kazuo Tanabe, President Revenue ¥ 468.5 billion JPY (FY 2007) Net income ¥ 71.8 billion JPY (FY 2007) Owner(s) The Resolution and Collection Corporation (30.29%) Employees 9,037 (2008) Website www.ChuoMitsui.jp
As of August 1, 2009, 30.29% of outstanding common stocks of Chuo Mitsui Trust Holdings are owned by the Resolution and Collection Corporation, which is a wholly owned subsidiary of Deposit Insurance Corporation of Japan, a semi-governmental organization.
- 1962 - Industrial Bank of Japan, Tokai Bank and Dai-Ichi Bank spun off their trust businesses as Chuo Trust & Banking, due to MOF's Chinese wall regulations.
- 1998 - Chuo Trust took over troubled Hokkaido Takushoku Bank's Honshū business.
- 2000 - Chuo Trust and Mitsui Trust merged to form The Chuo Mitsui Trust and Banking Co.
- 2001 - Chuo Mitsui purchased corporate custody unit from The Sakura Bank, now Chuo Mitsui Asset Trust.
- 2002 - Chuo Mitsui Trust Holdings was established to become the parent company to Chuo Mitsui group, in preparation for its business restructuring.
- The Chuo Mitsui Trust and Banking Co.
- Diversified financial services, stock transfer agency services, real estate operations for individual and corporate clients
- Chuo Mitsui Asset Trust
- Trust asset management business, trust asset administration business and pension trust operations for institutional investors
- Chuo Mitsui Asset Management
- Mutual fund management
- Chuo Mitsui Capital
- Private equity fund management
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