MIU:FRA
Sumitomo Mitsui Trust Group Inc
€9.37
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-0.51%(-0.048) 1D
Oct 19, 10:00:00 PM GMT+2 · EUR
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Open
€9.37
High
€9.37
Low
€9.37
Mkt. cap
29.72B
Avg. vol.
1.22K
Volume
0.00
52-wk high
€10.40
52-wk low
€5.70
No. of employees
23K
Open
€9.37
High
€9.37
Low
€9.37
Mkt. cap
29.72B
Avg. vol.
1.22K
Volume
0.00
52-wk high
€10.40
52-wk low
€5.70
No. of employees
23K
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Profile
Sumitomo Mitsui Trust Group, Inc., 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.
Its main operating company is Sumitomo Mitsui Trust Bank, Ltd, 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, 1.50% from trust location n. 2, 2.05% from location n. 5, 1.36% from trust location n. 7, and 1.85% from trust location n. 9 as well. Wikipedia
About Sumitomo Mitsui Trust Group Inc