# SUMITOMO MITSUI TRUST GROUP

Summary updated: 2026-10-02T10:39:22.861496Z
Canonical: https://finbar.com/research/companies/sumitomo-mitsui-trust-group

## Overview

Sumitomo Mitsui Trust Group is a Japan-based financial-services group combining trust banking with asset management and administration. Its main businesses include wealth management, corporate finance, investor and asset-management services, real estate, and global markets. [1](https://app.finbar.com/go?id=P139760481)[2](https://app.finbar.com/go?id=P139760485)[3](https://www.smtg.jp/english/group_info/business)

The Group’s stated purpose is “Trust for a flourishing future,” with an emphasis on contributing to stakeholder well-being and providing clients with comprehensive solutions. [4](https://www.smtg.jp/english/about_us/philosophy) Its international network spans the Americas, Europe, Asia, and Oceania. [5](https://www.smtb.jp/english/company/board/global-network)

For FY2025, the Group reported gross business profit of ¥960.2 billion and net income attributable to owners of the parent of ¥317.566 billion; gross business profit is a company-defined measure, not conventional revenue. [6](https://app.finbar.com/go?id=P139760157)[7](https://app.finbar.com/go?id=P139735882) Sumitomo Mitsui Trust Bank, a core Group company, had 22,526 employees as of March 31, 2026. [8](https://www.smtg.jp/english/-/media/tg/english/investors/annual/2025/03.pdf) The current Group was formed in 2011, followed by the merger of three trust banks to form Sumitomo Mitsui Trust Bank in 2012. [9](https://www.smtg.jp/english/about_us/profile/chronicle)
[1](https://app.finbar.com/go?id=P139760481)[2](https://app.finbar.com/go?id=P139760485)[6](https://app.finbar.com/go?id=P139760157)[7](https://app.finbar.com/go?id=P139735882)[3](https://www.smtg.jp/english/group_info/business)[4](https://www.smtg.jp/english/about_us/philosophy)[5](https://www.smtb.jp/english/company/board/global-network)[8](https://www.smtg.jp/english/-/media/tg/english/investors/annual/2025/03.pdf)[9](https://www.smtg.jp/english/about_us/profile/chronicle)

## Products & services

Sumitomo Mitsui Trust Group’s wealth-management offerings include investment trusts, fund-wrap/SMA services and insurance, alongside asset-management and financial consulting. Its asset-management and investor-services businesses provide investment management and administration, pension services, and custody and administration; related services include stewardship and proxy-voting activities. [10](https://www.smtb.jp/english/sale) [11](https://www.smtb.jp/english/sale/asset) [12](https://www.smtb.jp/english/sale/asset/stewardship) In FY2025 reporting, the Group presented asset management, pension services, and custody/administration within its Asset Management Group. [2](https://app.finbar.com/go?id=P139760485)

Real-estate services include brokerage, consulting, valuation and appraisal, J-REIT custody and operational management, financing, and asset management. The Group also supports investment processes from sourcing and due diligence through disposition. [3](https://www.smtg.jp/english/group_info/business) [13](https://www.smtb.jp/english/sale/estate/service) [14](https://www.smtb.jp/english/sale/estate/process)

Corporate and financial offerings include syndicated loans, real-estate, project, asset and M&A finance, and securitization; corporate consulting covers restructuring, business succession, anti-takeover measures and employee stock-ownership-plan trusts. [15](https://www.smtb.jp/english/sale/financial) [16](https://www.smtb.jp/english/sale/consulting/corporate) Electronic monetary-claims services include issuance, transfer, settlement, discounting and use as collateral. [17](https://www.smtb.jp/english/sale/other/electronic)
[2](https://app.finbar.com/go?id=P139760485)[10](https://www.smtb.jp/english/sale)[11](https://www.smtb.jp/english/sale/asset)[12](https://www.smtb.jp/english/sale/asset/stewardship)[3](https://www.smtg.jp/english/group_info/business)[13](https://www.smtb.jp/english/sale/estate/service)[14](https://www.smtb.jp/english/sale/estate/process)[15](https://www.smtb.jp/english/sale/financial)[16](https://www.smtb.jp/english/sale/consulting/corporate)[17](https://www.smtb.jp/english/sale/other/electronic)[3](https://www.smtg.jp/english/group_info/business)[10](https://www.smtb.jp/english/sale)[11](https://www.smtb.jp/english/sale/asset)[12](https://www.smtb.jp/english/sale/asset/stewardship)[13](https://www.smtb.jp/english/sale/estate/service)[14](https://www.smtb.jp/english/sale/estate/process)[15](https://www.smtb.jp/english/sale/financial)[16](https://www.smtb.jp/english/sale/consulting/corporate)[17](https://www.smtb.jp/english/sale/other/electronic)

## Geographic presence

In FY2026, Japan accounted for ¥2,156.147 billion, or about 71.3%, of Sumitomo Mitsui Trust Group’s reported income by geographical area. The Americas contributed ¥360.963 billion (11.9%), Europe ¥296.403 billion (9.8%), and Asia/Oceania ¥211.992 billion (7.0%), out of total income of ¥3,025.507 billion. [18](https://app.finbar.com/go?id=P139735856)[19](https://app.finbar.com/go?id=P139735857)[20](https://app.finbar.com/go?id=P139735858)[21](https://app.finbar.com/go?id=P139735859)

The Group’s overseas footprint includes offices in New York, London, Singapore, Shanghai, and Hong Kong; its disclosed overseas subsidiaries also extend to Thailand, Ireland, the United States, and Luxembourg. [5](https://www.smtb.jp/english/company/board/global-network)[22](https://app.finbar.com/go?id=T15971592)[23](https://app.finbar.com/go?id=P139756486) In March 2026, overseas credit exposure was concentrated in North America (49%) and Europe (24%), followed by Asia-Oceania (17%); this is credit exposure, not revenue. [24](https://app.finbar.com/go?id=P139756419)[25](https://app.finbar.com/go?id=P139756420)
[18](https://app.finbar.com/go?id=P139735856)[19](https://app.finbar.com/go?id=P139735857)[20](https://app.finbar.com/go?id=P139735858)[21](https://app.finbar.com/go?id=P139735859)[5](https://www.smtb.jp/english/company/board/global-network)[22](https://app.finbar.com/go?id=T15971592)[23](https://app.finbar.com/go?id=P139756486)[24](https://app.finbar.com/go?id=P139756419)[25](https://app.finbar.com/go?id=P139756420)[5](https://www.smtb.jp/english/company/board/global-network)

## Business segments

For the fiscal year ended 31 March 2026, Sumitomo Mitsui Trust Group reported seven segments. Using each segment’s Net Business Profit as a share of the ¥347.486 billion total, the approximate contributions were: Wealth Management—services to individual customers, ¥56.180 billion (16.2%); Corporate—services to corporate customers, ¥197.078 billion (56.7%); Investor Services—services to investors, ¥86.002 billion (24.7%); and Real Estate—real estate-related services, ¥46.739 billion (13.5%). [26](https://app.finbar.com/go?id=T15966796)

The remaining segments were Global Markets—marketing, market-making, investment and financial-management operations, negative ¥19.238 billion (−5.5%); Asset Management—asset-management services, ¥34.043 billion (9.8%); and Others, negative ¥53.320 billion (−15.3%). These percentages are calculated from reported Net Business Profit, not segment revenue; the measure is based on the group’s internal management reporting. [26](https://app.finbar.com/go?id=T15966796)[27](https://app.finbar.com/go?id=T15966797) The group also presents an alternate business-segment grouping: Investor Services and Asset Management are combined as Asset Management Group, while SBI Sumishin Net Bank is included in Wealth Management. [28](https://app.finbar.com/go?id=P139729214)[29](https://app.finbar.com/go?id=P139729215)[30](https://app.finbar.com/go?id=T15972368)
[26](https://app.finbar.com/go?id=T15966796)[27](https://app.finbar.com/go?id=T15966797)[28](https://app.finbar.com/go?id=P139729214)[29](https://app.finbar.com/go?id=P139729215)[30](https://app.finbar.com/go?id=T15972368)

## Company history

Mitsui Trust Company was established in March 1924 and began operations the following month; it was Japan’s first trust company. Sumitomo Trust Co. was established in 1925 and began operations that September. Sumitomo Trust entered banking in 1948 and, in 1952, became The Sumitomo Trust and Banking Co., beginning loan-trust operations. [31](https://www.smtg.jp/english/about_us/profile/chronicle/cmtg)[32](https://www.smtg.jp/-/media/tg/about_us/chronicle100/appendix/archive/pdf/100-year-anniversary-commemorative-English.pdf)[33](https://www.smtg.jp/english/about_us/profile/chronicle/stb)

In 2000, The Mitsui Trust and Banking Co. and The Chuo Trust and Banking Co. merged to form The Chuo Mitsui Trust and Banking Company; Mitsui Trust Holdings was established in 2002 as its holding company. Chuo Mitsui Trust Group and Sumitomo Trust and Banking Group agreed to integrate in 2009, forming Sumitomo Mitsui Trust Holdings in 2011. In 2012, three group banks merged to create Sumitomo Mitsui Trust Bank. The holding company changed its name to Sumitomo Mitsui Trust Group, Inc. on October 1, 2024. [34](https://www.smtg.jp/english/-/media/tg/english/investors/annual/cmth/archive/pdf/2000/ar_01.pdf)[31](https://www.smtg.jp/english/about_us/profile/chronicle/cmtg)[35](https://www.smtg.jp/english/-/media/tg/english/investors/presentation/integration/pdf/E091106-2.pdf)[36](https://www.smtg.jp/english/about_us/profile/chronicle/smtg)[37](https://www.smtg.jp/english/-/media/tg/english/news2/2024/E240514-1.pdf)
[31](https://www.smtg.jp/english/about_us/profile/chronicle/cmtg)[32](https://www.smtg.jp/-/media/tg/about_us/chronicle100/appendix/archive/pdf/100-year-anniversary-commemorative-English.pdf)[33](https://www.smtg.jp/english/about_us/profile/chronicle/stb)[34](https://www.smtg.jp/english/-/media/tg/english/investors/annual/cmth/archive/pdf/2000/ar_01.pdf)[31](https://www.smtg.jp/english/about_us/profile/chronicle/cmtg)[35](https://www.smtg.jp/english/-/media/tg/english/investors/presentation/integration/pdf/E091106-2.pdf)[36](https://www.smtg.jp/english/about_us/profile/chronicle/smtg)[37](https://www.smtg.jp/english/-/media/tg/english/news2/2024/E240514-1.pdf)

## Sources

1. [SUMITOMO MITSUI TRUST GROUP — Presentation (2026 Y), p27](https://app.finbar.com/go?id=P139760481)
2. [SUMITOMO MITSUI TRUST GROUP — Presentation (2026 Y), p27](https://app.finbar.com/go?id=P139760485)
3. [www.smtg.jp](https://www.smtg.jp/english/group_info/business)
4. [www.smtg.jp](https://www.smtg.jp/english/about_us/philosophy)
5. [www.smtb.jp](https://www.smtb.jp/english/company/board/global-network)
6. [SUMITOMO MITSUI TRUST GROUP — Presentation (2026 Y), p5](https://app.finbar.com/go?id=P139760157)
7. [SUMITOMO MITSUI TRUST GROUP — Full financial report (2026 Y), p108](https://app.finbar.com/go?id=P139735882)
8. [www.smtg.jp](https://www.smtg.jp/english/-/media/tg/english/investors/annual/2025/03.pdf)
9. [www.smtg.jp](https://www.smtg.jp/english/about_us/profile/chronicle)
10. [www.smtb.jp](https://www.smtb.jp/english/sale)
11. [www.smtb.jp](https://www.smtb.jp/english/sale/asset)
12. [www.smtb.jp](https://www.smtb.jp/english/sale/asset/stewardship)
13. [www.smtb.jp](https://www.smtb.jp/english/sale/estate/service)
14. [www.smtb.jp](https://www.smtb.jp/english/sale/estate/process)
15. [www.smtb.jp](https://www.smtb.jp/english/sale/financial)
16. [www.smtb.jp](https://www.smtb.jp/english/sale/consulting/corporate)
17. [www.smtb.jp](https://www.smtb.jp/english/sale/other/electronic)
18. [SUMITOMO MITSUI TRUST GROUP — Full financial report (2026 Y), p105](https://app.finbar.com/go?id=P139735856)
19. [SUMITOMO MITSUI TRUST GROUP — Full financial report (2026 Y), p105](https://app.finbar.com/go?id=P139735857)
20. [SUMITOMO MITSUI TRUST GROUP — Full financial report (2026 Y), p105](https://app.finbar.com/go?id=P139735858)
21. [SUMITOMO MITSUI TRUST GROUP — Full financial report (2026 Y), p105](https://app.finbar.com/go?id=P139735859)
22. [SUMITOMO MITSUI TRUST GROUP — Additional data (2026 Y), p33](https://app.finbar.com/go?id=T15971592)
23. [SUMITOMO MITSUI TRUST GROUP — Additional data (2026 Y), p33](https://app.finbar.com/go?id=P139756486)
24. [SUMITOMO MITSUI TRUST GROUP — Additional data (2026 Y), p20](https://app.finbar.com/go?id=P139756419)
25. [SUMITOMO MITSUI TRUST GROUP — Additional data (2026 Y), p20](https://app.finbar.com/go?id=P139756420)
26. [SUMITOMO MITSUI TRUST GROUP — Partial financial report (2026 Y), p15](https://app.finbar.com/go?id=T15966796)
27. [SUMITOMO MITSUI TRUST GROUP — Partial financial report (2026 Y), p16](https://app.finbar.com/go?id=T15966797)
28. [SUMITOMO MITSUI TRUST GROUP — Partial financial report (2026 Y), p15](https://app.finbar.com/go?id=P139729214)
29. [SUMITOMO MITSUI TRUST GROUP — Partial financial report (2026 Y), p15](https://app.finbar.com/go?id=P139729215)
30. [SUMITOMO MITSUI TRUST GROUP — Presentation (2026 Y), p27](https://app.finbar.com/go?id=T15972368)
31. [www.smtg.jp](https://www.smtg.jp/english/about_us/profile/chronicle/cmtg)
32. [www.smtg.jp](https://www.smtg.jp/-/media/tg/about_us/chronicle100/appendix/archive/pdf/100-year-anniversary-commemorative-English.pdf)
33. [www.smtg.jp](https://www.smtg.jp/english/about_us/profile/chronicle/stb)
34. [www.smtg.jp](https://www.smtg.jp/english/-/media/tg/english/investors/annual/cmth/archive/pdf/2000/ar_01.pdf)
35. [www.smtg.jp](https://www.smtg.jp/english/-/media/tg/english/investors/presentation/integration/pdf/E091106-2.pdf)
36. [www.smtg.jp](https://www.smtg.jp/english/about_us/profile/chronicle/smtg)
37. [www.smtg.jp](https://www.smtg.jp/english/-/media/tg/english/news2/2024/E240514-1.pdf)

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