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4-Traders Homepage  >  Equities  >  Tokyo  >  Sumitomo Mitsui Trust Holdings Inc    8309   JP3892100003

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Chuo Mitsui Trust : Notice regarding Change of Representative Directors

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11/28/2011 | 09:59am CET

To whom it may concern

November 28, 2011

Sumitomo Mitsui Trust Holdings, Inc. (Securities Code: 8309 TSE, OSE, NSE)

Notice regarding Change of Representative Directors

Sumitomo Mitsui Trust Holdings, Inc. (President: Kazuo Tanabe; hereinafter "SMTH") hereby announces the following change of representative directors, etc. The following change is subject to the resolution of SMTH's board of directors to be held.

1. Reason of Change

Change of Representative directors, etc. accompanied by the personnel change of directors

2. Change of Representative Directors

(1) Retiring Representative Director (effective on March 31, 2012 (planned))

New Position

Name

Current Position

Director

Kazuo Tanabe

Representative Director,

President

(Note) Mr. Tanabe has made a spontaneous offer to retire as Representative Director.

(2) Candiadte Representative Director (effective on April 1, 2012 (planned))

New Position

Name

Current Position

Representative Director,

Director

Jun Okuno

Director

3. Change of Titles of Directors (effective on April 1, 2012 (planned))

New Position

Name

Current Position

Representative Director,

President

Kunitaro Kitamura

Representative Director,

Deputy President

Representative Director,

Director

Kiyoshi Mukohara

Representative Director,

Deputy President

4. Career Summary of Candidate Representative Director

Jun Okuno

Date of Birth: July 30, 1950

April

1973:

Joined The Mitsui Trust and Banking Company, Limited (hereinafter "MTB")

June

1999:

Appointed Director and General Manager of General Planning Department of

MTB

April

2000:

Apointed Executive Officer and General Manager of General Planning

Department of The Chuo Mitsui Trust and Banking Company, Limited

(hereinafter "CMTB")

February

2002:

Resigned from CMTB

Appointed Managing Director and General Manager of General Planning

Department of Mitsui Trust Holdings, Inc. (hereinafter "MTH")

July

2002:

Appointed Managing Director of MTH

January

2004:

Appointed Senior Executive Officer of CMTB

May

2006:

Appointed First Senior Executive Officer of CMTB

June

2006:

Appointed Senior Managing Director of MTH

October

2007:

Appointed Senior Managing Director of Chuo Mitsui Trust Holdings, Inc.

(hereinafter "CMTH")

February

2010:

Appointed Director of CMTH

Appointed President of CMTB (current position)

April

2011:

Appointed Director of SMTH (current position)

Number of shares of SMTH held by the person: 36,930 (as of September 30, 2011)

End.

For further information, please contact:

IR Office, Sumitomo Mitsui Trust Holdings, Inc. Telephone: +81-3-3286-8354

Facsimile: +81-3-3286-4654

Cautionary Statement Regarding Forward-Looking Statements This material contains forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995) regarding our intent, belief or current expectations in respect to our future financial conditions, operating results and overall management. These forward-looking statements may be identified by words such as "believes", "expects", "anticipates", "projects", "intends", "should", "seeks", "estimates", "future", or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. Such forward-looking statements are not guarantees of future performance and actual results may differ, owing to risks and uncertainties, including without limitation: (1) potential difficulties in integrating the management and business operations of our subsidiaries; (2) our ability to successfully execute our group business strategies; and (3) unanticipated events that result in an increase in our credit costs and a deterioration in the quality of our group companies' loan portfolios. Given such risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the release date of this material. We undertake no obligation to update or revise any forward-looking statements. In addition to this material, please refer to our most recently disclosed documents, such as our annual report on Form 20-F filed with the U.S. Securities and Exchange Commission, or press releases we have issued, for a more detailed description of matters that may affect our financial condition and operating results.
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Financials ( JPY)
Sales 2018 1 315 B
EBIT 2018 237 B
Net income 2018 155 B
Debt 2018 -
Yield 2018 2,79%
P/E ratio 2018 11,57
P/E ratio 2019 11,02
Capi. / Sales 2018 1,40x
Capi. / Sales 2019 1,37x
Capitalization 1 835 B
Chart SUMITOMO MITSUI TRUST HOLD
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Sumitomo Mitsui Trust Hold Technical Analysis Chart | 8309 | JP3892100003 | 4-Traders
Technical analysis trends SUMITOMO MITSUI TRUST HOLD
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 4 671  JPY
Spread / Average Target -0,63%
EPS Revisions
Managers
NameTitle
Tetsuo Ohkubo President & Representative Director
Masahiro Tsuchiya Head-Operations & Corporate Planning
Tadashi Nishimura Managing Executive Officer & Head-Finance
Hitoshi Tsunekage Director
Kunitaro Kitamura Director
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