Japan Asset Management Service Trust Bank

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name: Japan Asset Management Service Trust Bank

hot: 505

website: http://www.tcsb.co.jp/


The Trust & Custody Services Bank of Japan is a Japanese bank and insurance company and a bank that provides asset management services to customers.

The Bank of Japan Asset Management Service Trust was established in January 2001 through the following companies: Mizuho Trust Bank Co., Ltd., Daiichi Kanye Bank Co., Ltd., Fuji Bank Co., Ltd., Japan Industrial Bank Co., Ltd., Asahi Life Insurance Co., Ltd., DAI-ICHI Mutual Life Insurance Company, Wells Fargo Life Insurance Mutual Company, Yasuda Life Insurance Mutual Company.

As of December 2004, the distribution of shareholders’ equity of the Japan Asset Management Services Trust Bank is as follows: Mizuho Financial Group accounts for approximately 54% of the shares, Daiichi Life Insurance Mutual Co., Ltd. accounts for approximately 23%, and Asahi Life Insurance Mutual Co., Ltd. accounts for approximately 10% of the shares, and Meiji Yasuda Life Insurance Company holds about 9% of the shares, and Wells Fargo Life Insurance Mutual Company holds about 4% of the shares.

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