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Sumitomo Mitsui Trust Holdings
, formerly Chuo Mitsui Trust Holdings, Inc., is a Japanese financial holding company headquartered in Chiyoda, Tokyo. It provides an assortment of financial products to retail and wholesale customers, with a focus on asset management, financial brokerage and real estate services. Its main operating company is , which is the largest trust company and the fifth-largest bank in Japan measured by assets. The company has no capital relationship with the Sumitomo Mitsui Financial Group; the two banking groups are similarly named because both are descended from the historical Sumitomo and Mitsui conglomerates. There is just a weak control relationship between Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Financial Group. In fact SM Trust Holdings controls about 66% of Japan Trustee Services Bank. As of March 31, 2017, SM Financial Group's website reports that Japan Trustee Services Bank owned 5.50% of Sumitomo Mitsui Financial Group, but also 1.52% from trust location n. 1 (信 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sumitomo
The is one of the largest Japanese ''keiretsu'', or business groups, founded by Masatomo Sumitomo (1585-1652) around 1615 during the early Edo period. History The Sumitomo Group traces its roots to a bookshop in Kyoto founded circa 1615 by Masatomo Sumitomo, a former Buddhist monk. Even today management of the group is guided by his "Founder's Precepts", written in the 17th century. Copper refining made the company famous. Riemon Soga, Masatomo Sumitomo's brother-in-law, learned Western methods of copper refining. In 1590 he established a smelting business, ''Izumiya'', literally meaning "spring shop". Riemon perfected techniques that allowed the extraction of silver from copper ore, something Japanese technology had not previously accomplished. The smelting and smithing business was moved from Kyoto to Osaka by the late 17th century. Soga passed control of the company to his son Tomomochi who managed its transformation into a major trading house during the Edo period. Sumitom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Tokyo Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mizuho Financial Group
, abbreviated as MHFG, or simply called Mizuho, is a banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The name "" literally means "abundant rice" in Japanese and "harvest" in the figurative sense. Upon its founding, it was the largest bank in the world by assets. It is considered a systemically important bank by the Financial Stability Board. It holds assets in excess of $1.8 trillion US dollars through its control of Mizuho Bank and other operating subsidiaries. The company's combined holdings form the third largest financial services group in Japan. Its banking businesses rank third in Japan after Mitsubishi UFJ Financial Group and SMBC Group. It is the 15th largest banking institution in the world by total assets as of December 2018. It is the 90th largest company in the world according to Forbes rankings as of May 2017. It is listed on the Tokyo Stock Exchange—where it is a constituent of the Nikkei 225 and TOPIX Core30 indices— ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nomura Securities
is a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the Group's core business. Nomura is a financial services group and global investment bank. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. It operates through five business divisions: retail (in Japan), global markets, investment banking, merchant banking, and asset management. Established December 25, 1925 in Osaka, it is the oldest brokerage firm in Japan. It is named after its founder Tokushichi Nomura II, a wealthy Japanese businessman and investor. Nomura Securities operates in Asia. In the US it is known as Nomura Securities International, and in EMEA it is Nomura International plc. History Background (before 1925) Nomura was founded by Tokushichi Nomura, father of Nomura Securities founder Tokushichi Nomura II as a money changing business. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hokkaido Takushoku Bank
, literally ''Hokkaidō Exploitation Bank'', was a major commercial bank in Japan, founded in 1899 as a "Special Bank" to promote capitalism on the island of Hokkaidō. Its nickname was ; it was also known in the media and business world as . It was the City Bank in its stronghold of Hokkaidō until it went bankrupt in November 1997, and the following year it transferred its business to the , which is another bank in Hokkaidō, and others. Its unified financial institution code was 0012. Early history On the announcement of the "agriculture and industry banking law" in 1896, "agriculture and industry banks" were set up in 46 prefectures throughout Japan. Hokkaidō was thought to be in the forefront as a prime candidate for economic exploitation, and instead of an agriculture and industry bank, a special "national policy bank" was deemed necessary. For this purpose, the Hokkaidō Takushoku Bank was established in 1899, and was incorporated as a "special bank" on February 2, 1900, pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Bank Of Japan
The Industrial Bank of Japan, Limited (IBJ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. It combined with Dai-Ichi Kangyo Bank and Fuji Bank in 2002 to form Mizuho Financial Group. History IBJ was founded as a public-sector bank under the ''Industrial Bank of Japan Act'' of 1902. At that time, Japan was in the throes of its industrial revolution, and there was a strong demand for long-term investment capital. IBJ raised funds by issuing bank debentures. IBJ also acted as the trustee in corporate debenture issues - notably, the major Japanese railway company issue of 1906 in London, amount to the then-enormous sum of 1 million pounds sterling. These activities contributed to the building of the Japanese domestic securities market, and to the generating of a higher profile for Japanese borrowers in the international market. This early experience of a sophisticated mix of corporate and investment banking with expos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dai-Ichi Bank
(第一) is a compound modifier phrase of Japanese origin, meaning ''number one'', or ''first''. In kanji, "dai" ("number") is 第Nakao, Seigo''Random House Japanese-English English-Japanese Dictionary'' via Google Books, p. 39. Retrieved 2011-03-18. and "ichi" ("one") is 一.Nakao, Seigo''Random House Japanese-English English-Japanese Dictionary'' via Google Books, p. 95. Retrieved 2011-03-18. "Dai" is also defined " ordinal number marker." It is this feature that makes the phrase a modifier, or an adjective, describing a noun, as ''first''. ''Number one'' functions in the same way. The phrase is also written without the hyphen, as daiichi. Dai-ichi is frequently used in proper names, hence capitalized; also Dai-Ichi and occasionally Dai Ichi. There is a sound-alike common first name with different spelling. :Uses include but are not limited to: *Fukushima Daiichi Nuclear Power Plant (or Fukushima Dai-ichi), a.k.a. Fukushima I Nuclear Power Plant (福島第一原子力発電 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
