The Master Trust Bank of Japan, Ltd. is a bank in Japan. The essential function of a bank is to provide services related to the storing of value and the extending of credit. ...

･The Master Trust Bank of Japan is a specialized master trust asset management bank whose capital was contributed by Mitsubishi Trust & Banking, Nippon Life Insurance, UFJ Trust Bank, Meiji Yasuda Life Insurance and Deutsche Bank. The shareholders have large markets shares in pension trust and investment trust. The balance of assets in custody was 100 trillion yen as of the end of August 2004. The net income turned into the black in fiscal 2002 along with an increase in the assets in custody. The net income has been positive since then. While needs from the shareholder banks to entrust management of their customers' assets to Master Trust Bank, trust fee may be reduced more than expected due to intensification of competition. Furthermore, the costs for computer systems may rise. JCR factors in the performance of the shareholders. Creditworthiness of Master Trust Bank is enhanced jointly by the shareholders, given the important role played by the master trust bank for them. Assets entrusted to the shareholders have impact on the managed assets of Master Trust Bank.