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Sumitomo Mitsui Trust Holdings Inc (8309.T)

8309.T on Tokyo Stock Exchange

4,497JPY
20 Apr 2018
Change (% chg)

¥30 (+0.67%)
Prev Close
¥4,467
Open
¥4,520
Day's High
¥4,523
Day's Low
¥4,469
Volume
868,200
Avg. Vol
1,395,103
52-wk High
¥4,821
52-wk Low
¥3,634

Latest Key Developments (Source: Significant Developments)

R&I affirms Sumitomo Mitsui Trust Holdings's rating at "A" and says stable outlook-R&I
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Sumitomo Mitsui Trust Holdings Inc <8309.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A"-R&I.Rating outlook stable-R&I.  Full Article

Sumitomo Mitsui Trust Holdings reports a 5.3 percent passive stake in Honda Motor Co as of Dec 31, 2016
Friday, 10 Feb 2017 

Sumitomo Mitsui Trust Holdings Inc :Sumitomo Mitsui Trust Holdings Inc reports a 5.3 percent passive stake in Honda Motor Co Ltd as of december 31, 2016 -sec filing.  Full Article

Sumitomo Mitsui Trust Holdings to issue 100 bln yen unsecured perpetual subordinated bonds with write-down clause
Friday, 2 Sep 2016 

Sumitomo Mitsui Trust Holdings Inc <8309.T>: Says it plans to issue third series of unsecured perpetual subordinated bonds with optional-redemption clause and write-down clause worth 70 billion yen bonds . Says the co may, at its discretion, redeem the bonds on any interest payment date on Dec. 5, 2026 or thereafter or upon the occurrence of a tax event or a capital event . Says the interest rate at 1.51 percent from Sep. 8, 2016 until Dec. 5, 2026 and the interest rate at 6-month yen LIBOR + 1.4 percent from Dec. 5, 2026 . Says it plans to issue forth series of unsecured perpetual subordinated bonds with optional-redemption clause and write-down clause worth 30 billion yen bonds . Says the co may, at its discretion, redeem the bonds on any interest payment date on Dec. 5, 2031 or thereafter or upon the occurrence of a tax event or a capital event . Says the interest rate at 1.73 percent from Sep. 8, 2016 until Dec. 5, 2031 and the interest rate at 6-month yen LIBOR + 1.45 percent from Dec. 5, 2031 . Says both of the bonds' subscription date on Sep. 2 and payment date on Sep. 8 .Says the proceeds to be use to lend to Sumitomo Mitsui Trust Bank, Limited as subordinated loan with write-down clause.  Full Article

Tokyo TY Financial Group forms business alliance with Bank of Yokohama included four firms
Monday, 29 Aug 2016 

Tokyo TY Financial Group Inc <7173.T> : Says the company forms a business alliance with Concordia Financial Group Ltd <7186.T> 's unit The Bank of Yokohama Ltd, Sumitomo Mitsui Trust Holdings Inc <8309.T>'s unit Sumitomo Mitsui Trust Bank Limited, Bank of Kyoto Ltd <8369.T> and Gunma Bank Ltd . The co plans to buy 9,000 shares (15 percent stake) in Sky Ocean Asset Management Co Ltd from Bank of Yokohama, Sumitomo Mitsui Trust Bank, on Sep. 16, and will hold a 15 percent stake in it after transaction .Sky Ocean Asset Management Co Ltd was established by Bank of Yokohama, Sumitomo Mitsui Trust Bank, Bank of Kyoto and Gunma Bank.  Full Article

Gunma Bank, Bank of Kyoto, Concordia Financial Group and Sumitomo Mitsui Trust Holdings announce business alliance
Thursday, 30 Jun 2016 

Gunma Bank Ltd <8334.T>: Says Gunma Bank, Bank of Kyoto Ltd <8369.T>, Concordia Financial Group Ltd <7186.T> and Sumitomo Mitsui Trust Holdings Inc <8309.T> will form business alliance to cooperate on selling of investment products, since July 1 . Says Gunma Bank and Bank of Kyoto Ltd will respectively buy 15 percent stake in Sky Ocean Asset Management Co., Ltd., which is owned by Concordia Financial Group and Sumitomo Mitsui Trust Holdings .Says Concordia Financial Group and Sumitomo Mitsui Trust Holdings will decrease stake in Sky Ocean Asset Management Co., Ltd. to 40 percent and 30 percent respectively, effective July 14.  Full Article

BRIEF-Sumitomo Mitsui Trust Holdings says integration of trust banks specializing in asset administration services

* Says its unit Japan Trustee Services Bank, Ltd.(JTSB), which is also unit of Resona Holdings Inc, signed a business integration agreement with Trust & Custody Services Bank, Ltd.(TCSB), which is unit of Mizuho Financial Group Inc , to carry out a business integration through incorporating a holding company named JTC Holdings, Ltd. (JTC Holdings) by way of a joint share transfer and conducting an absorption-type merger of JTC Holdings, JTSB, and TCSB