Key Developments: Sumitomo Mitsui Trust Holdings Inc (8309.T)
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Latest Key Developments (Source: Significant Developments)
Sumitomo Mitsui Trust Holdings Inc Announces Treasury Stock Retirement
Sumitomo Mitsui Trust Holdings Inc announced that it will retire 250,000,000 shares (a 6.02% stake) of its common stock on March 22, 2013. After the retirement, the total of its shares outstanding will be 3,903,486,408. Full Article
Sumitomo Mitsui Trust Holdings Inc Repurchases Shares; Announces Changes in Shareholding Structure
Sumitomo Mitsui Trust Holdings Inc announced that it has completed its share repurchase plan announced on March 8, 2013. The Company repurchased 467,292,000 shares of its common stock for JPY 427 per share on March 11, 2013. Following this, the current top shareholder of the Company, The Resolution and Collection Corporation, will hold no voting rights of the Company, down from 12.13%, effective March 14, 2013. Full Article
Sumitomo Mitsui Trust Holdings Inc to Repurchase Shares
Sumitomo Mitsui Trust Holdings Inc announced that it has decided to repurchase 530,000,000 shares (12.8% stake), at the price of JPY 427 per share, or JPY 226,310 million in total, on March 11, 2013. Full Article
Sumitomo Mitsui Trust Holdings Inc Fully Acquires Subsidiaries from Daiwa Securities Group Inc.
Sumitomo Mitsui Trust Holdings Inc announced that it has completed the acquisition of a 100% stake in a wholly owned subsidiary as well as sub-subsidiaries of Daiwa Securities Group Inc., on November 21, 2012. Full Article
Aristocrat Leisure Limited Announces Holding Interest Of Sumitomo Mitsui Trust Holdings, Inc.
Aristocrat Leisure Limited announced that Sumitomo Mitsui Trust Holdings, Inc. has an interest of 27,763,047 ordinary shares, which represents 5.04% of voting power in the Company. Full Article
Sumitomo Mitsui Trust Holdings Inc to Fully Acquire Daiwa Securities Trust & Banking (Europe) PLC and Daiwa Securities Trust Europe Limited from Daiwa Securities Group Inc.
Sumitomo Mitsui Trust Holdings Inc announced that it has decided to acquire a 100% stake of Daiwa Securities Trust & Banking (Europe) PLC and Daiwa Securities Trust Europe Limited, at the price of approximately JPY 3 billion, from Daiwa Securities Group Inc., effective November 1, 2012. Full Article
Sumitomo Mitsui Trust Holdings Inc to Dissolve Wholly Owned Subsidiary
Sumitomo Mitsui Trust Holdings Inc announced that it will dissolve its wholly owned subsidiary, MTH Preferred Capital 1 (Cayman) Limited, which is engaged in the issuance of preferred equity investment securities in Cayman Islands. The Company will complete the liquidation in March 2013. Full Article
Sumitomo Mitsui Trust Holdings Inc Announces Retirement of Corporate Auditor
Sumitomo Mitsui Trust Holdings Inc announced that Deloitte Touche Tohmatsu LLC will retire from corporate auditor, effective June 28, 2012. Full Article
Sumitomo Mitsui Trust Holdings Inc Amends Consolidated Full-year Outlook and Raises Year-end Dividend Forecast for FY 2012
Sumitomo Mitsui Trust Holdings Inc announced that it has raised its consolidated full-year outlook for ordinary profit from JPY 265,000 million to JPY 272,000 million, but lowered the outlook for net profit from JPY 180,000 million to JPY 165,000 million, for the fiscal year ended March 2012. The Company raised the ordinary profit outlook due to the business integration, and lowered the net profit outlook due to the reversal of deferred tax assets. The Company has also raised its year-end dividend forecast from JPY 4 per share announced on January 31, 2012, to JPY 4.50 per share, for the fiscal year ended March 2012. Full Article
Sumitomo Mitsui Trust Holdings Inc Forms Internal Investigation Committee
Sumitomo Mitsui Trust Holdings Inc announced that it has decided to establish an internal investigation committee to investigate on its subsidiary's insider trading infractions, on April 9, 2012. Full Article
Update-Moody's affirms Prime-1 rating on SMTB's USCP program
Sumitomo Mitsui Trust Bank, Ltd. (SMTB)

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