By Kentaro Otsuka
Yomiuri Shimbun Staff Writer
Mitsubishi UFJ Trust and Banking Corp. intends to engage in new businesses that contribute to solving future social issues, said Hiroshi Kubota, president and CEO of the Japanese trust bank during an interview with The Yomiuri Shimbun.
The following is excerpted from the interview.
Hiroshi Kubota: As we will mark the 100th anniversary of our foundation next fiscal year, we have formulated a new corporate message: "Connecting People, Connecting the Future."
Our predecessors expanded the company's businesses beyond trust products to include pensions and real estate, responding to the needs of society. We too wish to engage in new businesses that contribute to solving future social issues.
In addressing the issue of Japan's aging population, we have seen good results in a business selling small-lot asset rights in fee-based homes for the elderly to investors, which is aimed at enabling those homes to secure funds more easily.
Mitsubishi UFJ Financial Group Inc. also plans to launch digital platform services in its M-tto financial services for individual customers, so that assets can be easily transferred by completing inheritance procedures in advance.
In 2018, we transferred our corporate lending business to MUFG Bank Ltd. and are now fully investing our human resources and capital in fee-based businesses that are unique to trust banks.
In securities agency services, which undertake tasks such as the management of shareholder meetings for companies, our staff formerly engaged in corporate lending are leveraging their experiences to contribute effectively. In dealing with activist shareholders, we can now more easily grasp the actual situations regarding those shareholders and propose ways for real estate sales for improved capital efficiency among others.
We would like to expand business areas in which we excel as a trust bank, and differentiate ourselves from other megabank groups.
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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.
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August 26, 2025 01:20 ET (05:20 GMT)
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