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I would first like to express our sincere gratitude for your unwavering support.

This year, Sumitomo Mitsui Trust Group celebrates its 100th anniversary. Originating as a trust company, we have expanded our scope to include asset management, asset administration, real estate, and banking. Throughout our history, we have fearlessly tackled new financial intermediation that connects the challenges faced by investors and businesses, contributing to the development of our country.

During the history of challenge and pioneering, in the Showa period, we played a role in industrial finance by supplying funds collected through Loan trusts to core industries, supporting Japan's rapid economic growth. In the Heisei period, we achieved the soundness of corporate finance and diversified investor operations through Asset securitization type trusts, demonstrating the “Power of Trusts “even in challenging environments.

Japan is now at a major turning point. We feel that we have finally reached a strong starting point for complete escape from long-lasting deflation and are moving forward with determination. The government's announcement of the "Asset Management Center" plan and the launch of the new NISA have further heightened interest in asset formation in the age of 100-year life. In the industrial sector, there is a growing need for long-term stable funds to drive the transformation towards a sustainable society. We will accelerate the positive cycle of funds, assets, and capital through "Industrial Finance in the Reiwa era," connecting individual investors and the industrial sector to realize a green and prosperous future.

With pride in the legacy of “being entrusted ”, we will innovate and evolve, looking ahead to the next 100 years, and strive to meet the expectations of our customers and society.

August 2024

President Kazuya Oyama
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