Mitsubishi UFJ Trust and Banking Corporation
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.
MU Investments Co., Ltd.

Announcement of Strengthening the Group’s AssetManagement Business through Business Integration
Tokyo, July 29, 2022--- Mitsubishi UFJ Trust and Banking Corporation (“the TrustBank”) today announced that its subsidiaries, Mitsubishi UFJ Kokusai AssetManagement Co., Ltd. (“MUKAM”) and MU Investments Co., Ltd. (“MUI”), havedecided to integrate MUI’s asset management business, sales, and other related
functions in securities investment into MUKAM to strengthen the group’s asset
management business. Following completion of the announcement, MUKAM and MUIwould work together towards that objective.
MUI will be continually responsible for its real estate asset management and will
promote the expansion of the private REIT service as the core company of the group’s
real estate asset management.
1. Aim of the Integration
The Trust Bank and its affiliated asset management companies aim to be the company
trusted by clients via demonstrating a high level of expertise as a fiduciary. Regardingto the asset management business, the asset management needs of corporate
investors are expanding nowadays. In the context of these circumstances, MUKAM
and MUI have developed capabilities to provide solutions tailored to corporate
investors until now. Through consolidation of resources and capabilities, MUKAM plansto enhance deep asset management expertise and insight for more clients.
2. Action Plan on the Integration
The business integration would enable MUKAM to become a central role of providing
financial solutions to corporate investors by enhancing its capability to develop
financial products, as well as to individual investors, that ranks second in the industry
in terms of assets under management *. Besides, MUI will play an active role ofexpanding the group’s private REIT services.
The timing of the integration is scheduled to be in October 2023. In terms of the detailsof the post-merger organization, personnel, etc. will be announced as soon as they aredetermined. Additionally, the Company names of MUKAM and MUI will be changed inconjunction with the integration.
[Note]*
Total balance of publicly offered investment trusts excluding ETF

3. Overview of Companies Involved in the Integration
CompanynameBusinessMitsubishi UFJ Kokusai AssetManagement Co., Ltd.
Offering, establishment andmanagement of publicly
and privately placed
investment trusts, etc.

Date ofEstablishment
Location

August 1985

President
Capital
Number ofemployees
Shareholder
Asset undermanagement

MU Investments Co., Ltd.
Investment advisory service,establishment andmanagement of p privately
placed funds, and asset
management of real estate
investment corporations, etc.
September 1993

Shin-Yurakucho Bldg.
1-12-1 Yurakucho, Chiyodaku, Tokyo
Sunao Yokokawa
2.0 billion JPY788

2-3-11, Kanda Surugadai,
Chiyoda-ku, Tokyothe Trust Bank (100%)
22,443.5 billion JPY

the Trust Bank (100%)
1,733.4 billion JPY

Akira Suzuki
1.2 billion JPY101

4. Office Relocation
To reinforce cooperation among the group companies, the offices of MUKAM, MUI,
and the asset management business-related departments of the Trust Bank will berelocated as below. (MUKAM and MUI plan to be relocated by September2023; theTrust Bank plans to be relocated by July-August 2023)
1-9-1, Higashi-Shinbashi Tokyo Shiodome Building, Minato-ku, Tokyo 105-0021- End -