Master Trust Bank of Japan

The Master Trust Bank of Japan, Ltd. (日本マスタートラスト信託銀行株式会社) is a trust bank in Japan. It was founded in 2000 and claims to be the first trust bank in Japan to be exclusively engaged in asset administration business.[1]

The company's shareholders are Mitsubishi UFJ Trust and Banking Corporation (46.5%), Nippon Life Insurance (33.5%), Meiji Yasuda Life Insurance (10%) and Norinchukin Trust & Banking Co. (10%).[2] Master Trust Bank is treated as a consolidated subsidiary of Mitsubishi UFJ Trust and Banking, and is by extension part of the Mitsubishi UFJ Financial Group.[3]

It is one of the three main master trust service providers in Japan, alongside Trust & Custody Services Bank (affiliated with Mizuho) and Japan Trustee Services Bank (affiliated with SMFG).[4]

Shares

By the end of 2016, the Master Trust Bank of Japan had about 4.9 percent of the Japanese advertiser Dentsu, Inc.[5] At the end of 2022, it held circa 15.4 percent shares of Toyo Tires, which according to revenue was the tenth biggest manufacturer of tires in the world.[6][7] Furthermore, it respectively have two more powerful stakes of 17% in the Japanese investment company SoftBank Group and 10% in SoftBank Corp, a consolidated subsidiary of the SoftBank Group.[8][9] In addition as of September 30 2025, the Master Trust Bank of Japan also has another powerful 15% stake in Japan's largest airline and flag carrier All Nippon Airways (ANA) where it also has the most shares in the airline.[10]

History

Master Trust Bank was founded in 2000 with investments from Mitsubishi Trust Bank, Nippon Life Insurance, Toyo Trust Bank, Meiji Life Insurance and Deutsche Bank. A month after its founding, it became the first Japanese asset administrator to offer online information reporting services.[11]

References

  1. GREETINGS mastertrust.co.jp, The Master Trust Bank of Japan, Ltd., retrieved 2016-12-13^
  2. Corporate Overview (as of Jun. 28, 2016) www.mastertrust.co.jp, The Master Trust Bank of Japan, Ltd., retrieved 2016-12-13^
  3. Group Companies in Japan : Mitsubishi UFJ Trust and Banking tr.mufg.jp, retrieved 2016-12-13^
  4. マスタートラスト|用語集|企業年金連合会 pfa.or.jp, retrieved 2016-12-13^
  5. Kommission zur Ermittlung der Konzentration im Medienbereich: Jahresbericht 2016/2017, Page 71 (German, PDF-file, 2,9 MB), Retrieved 14. January 2024.^
  6. Toyo Tire Corporation (Formerly Toyo Tire & Rubber Co., Ltd.) – MarkLines Automotive Industry Portal marklines.com, 2022-12-31, retrieved 2024-01-13^
  7. Umsatzstärkste Reifenhersteller 2022 de.statista.com, 2023-06-14, retrieved 2024-01-13^
  8. Mensholong Lepcha. Softbank Shareholders, Who Owns The Most Shares of Softbank? capital.com, 2022-11-23, retrieved 2024-01-14^
  9. SoftBank Corp Full Shareholders List softbank.jp, 2025-09-30, retrieved 2026-02-26^
  10. ANA Shareholder Information ana.co.jp, 2025-09-30, retrieved 2026-02-26^
  11. 2016ディスクロージャー誌 mastertrust.co.jp, The Master Trust Bank of Japan, Ltd.^