Edition:
United States

Sumitomo Mitsui Trust Holdings Inc (8309.T)

8309.T on Tokyo Stock Exchange

4,803JPY
23 Jan 2018
Change (% chg)

¥48 (+1.01%)
Prev Close
¥4,755
Open
¥4,768
Day's High
¥4,821
Day's Low
¥4,744
Volume
1,372,500
Avg. Vol
1,548,754
52-wk High
¥4,821
52-wk Low
¥3,603

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 02:27am EST 

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 considers separating its banking and asset management businesses - Nikkei
Tuesday, 31 Jan 2017 12:20pm EST 

Nikkei: Sumitomo Mitsui Trust Holdings is considering a group reshuffle to separate its banking and asset management businesses - Nikkei . Sumitomo mitsui trust group is working to complete the reorganization process within five years - Nikkei .Sumitomo Mitsui Trust Holdings intends to move unit Sumitomo Mitsui Trust Bank's asset management operations to Sumitomo Mitsui Trust Asset Management - Nikkei.  Full Article

Mizuho Financial Group, Sumitomo Mitsui Trust enter talks to combine custody services operations - Nikkei
Tuesday, 17 Jan 2017 12:20pm EST 

Sumitomo Mitsui Trust Holdings Inc <8309.T> : Mizuho Financial Group and Sumitomo Mitsui Trust Holdings have entered talks to combine their custody services operations - Nikkei . Mizuho Financial Group and Sumitomo Mitsui Trust Holdings will also consider broader partnerships outside the custody business- Nikkei .Mizuho Financial Group and Sumitomo Mitsui Trust Holdings plan to combine related overseas operations as well - Nikkei.  Full Article

Sumitomo Mitsui Trust Holdings to issue 100 bln yen unsecured perpetual subordinated bonds with write-down clause
Thursday, 1 Sep 2016 11:11pm EDT 

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 02:13am EDT 

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 02:00am EDT 

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