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| September 21, 2000 |
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| Joint Establishment of a Company in Defined Contribution Pension Plan |
The Sakura Bank, Ltd.
The Sumitomo Marine & Fire Insurance Co., Ltd.
The Sumitomo Bank, Ltd.
The Sumitomo Trust & Banking Co., Ltd.
Sumitomo Life Insurance Co.
The Chuo Mitsui Trust & Banking Co., Ltd.
Mitsui Marine & Fire Insurance Co., Ltd.
Mitsui Mutual Life Insurance, Co.,Ltd. |
The Sakura Bank, Ltd. (Akishige Okada, President), The Sumitomo
Marine & Fire Insurance Co., Ltd. (Hiroyuki Uemura, President),
The Sumitomo Bank, Ltd. (Yoshifumi Nishikawa, President), The Sumitomo
Trust & Banking Co., Ltd. (Atsushi Takahasi, President), Sumitomo
Life Insurance Co. (Koichi Yoshida, President), The Chuo Mitsui Trust
& Banking Co., Ltd. (Kiichiro Furusawa, President), Mitsui Marine
& Fire Insurance Co., Ltd. (Takeo Inokuchi, President) and Mitsui
Mutual Life Insurance, Co. (Akira Miyake, President) jointly established
a company dealing with the operation and administration of defined
contribution pension plan, today.
The new company utilizes existing know-how and functions that the
Mitsui Group and Sumitomo Group have and is able to offer highly qualified
and substantial services to firms and plan beneficiaries. |
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