Nomura Trust Bank (Nomura Trust Bank)
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This entry sits under trust-banks INDEX. Read it with banking index for adjacent context, Nomura Holdings (Nomura HD) for parent group context, SMTB / MUTB for peer trust-bank comparison, and Financial licenses for the broader regulatory boundary.
1. Legal entity / license boundary
| Item | Reading |
|---|---|
| Legal name | 野村信託銀行株式会社 |
| English name | The Nomura Trust and Banking Co., Ltd. |
| FSA category | 信託銀行 |
| Bank code | 0304 |
| Head office | Urban Net Otemachi Building 19F, 2-2号 Otemachi 2-chome, Chiyoda-ku, Tokyo |
| Established | 1993-08-24 |
| Capital | 575 億円 |
| Parent boundary | [[securities-firms/nomura-hd |
| Major affiliated entity | [[securities-firms/nomura-securities |
2. Parent Nomura Holdings (Nomura HD) structure
野村ホールディングス(東証 PRIME 8604 / NYSE: NMR)
├── 野村證券(100%)── 中核証券子会社、国内最大手
├── 野村信託銀行(100%)── 銀行牌照・信託機能アーム ← 本ページ
├── 野村アセットマネジメント(100%)── 国内最大級 AM
├── Nomura International (Hong Kong / London / NY) ── 海外証券
├── 野村バブコック&ブラウン ── 不動産・インフラ投資
└── その他金融子会社
Nomura Trust Bank is positioned to provide deposit, lending, trust, and settlement functions to a securities-centric group. While Nomura HD holds a business portfolio centered on securities and AM, it serves as the vehicle for internalizing the banking license required for the comprehensive Wealth Management (high-net-worth business) proposition.
4. Principal business — trust functions ancillary to the securities group
- Retail business — deposits, mortgage loans, personal loans (complementary services for Nomura Securities clients)
- Banking business — settlement, foreign exchange, exchange-rate risk management
- Asset management business — testamentary trusts, inheritance-related trusts, inheritance consulting
- Securities / investment business — wrap trusts (fund wrap), SMA (discretionary investment), pension trusts
- Corporate services — employee stock-ownership incentive trusts (ESOP / J-ESOP), stock-compensation trusts
- Asset securitization trusts — trust assumption of real estate and monetary claims
- Bank-agent model — using Nomura Securities as bank agent / trust-agreement agent to sell banking and trust products through the securities channel
5. Key chronology
| Year/Month | Event |
|---|---|
| 2008-09 | Lehman bankruptcy + Nomura Securities’ acquisition of Lehman’s Asia division, group expansion phase |
6. Peer comparison — trust-bank market
| Trust bank | Parent FG | Deposit scale | Strength axis |
|---|---|---|---|
| [[trust-banks/sumitomo-mitsui-trust | 三井住友信託 (SMTB)]] | SuMi TRUST HD | ¥tens of trillions |
| [[trust-banks/mitsubishi-ufj-trust-bank | 三菱 UFJ 信託 (MUTB)]] | [[megabanks/mufg | MUFG]] |
| [[trust-banks/mizuho-trust-banking | みずほ信託 (MTBJ)]] | [[megabanks/mizuho-fg | みずほ FG]] |
| 野村信託銀行 | **[[securities-firms/nomura-hd | 野村 HD]]** | Deposits 1兆3,573億円 / Total assets 2兆754億円 (FY2025.3 standalone) |
| [[regional-banks/daiwa-next-bank | 大和ネクスト銀行]] (Daiwa Securities affiliate) | [[securities-firms/daiwa-securities-group | 大和証券 G]] |
| [[trust-banks/sbi-shinsei-trust-bank | SBI 新生信託]] | [[regional-banks/sbi-shinsei-bank | SBI 新生]] |
Nomura Trust is smaller in scale than the 3 major trusts, but as a securities-group-affiliated trust it forms a distinct category alongside Daiwa Next Bank. Whereas SMTB / MUTB / MTBJ are heavily weighted toward institutional investors in corporate custody / pensions, Nomura Trust carves out its niche through ancillary business serving individual high-net-worth clients and Nomura Securities customers.
7. Supervision / regulation
- Supervisor: Financial Services Agency (FSA), Kanto Local Finance Bureau
- Business type: trust bank (Banking Act + Trust Business Act)
- Industry bodies: Trust Companies Association, Japanese Bankers Association
- NRA Stress Test: subject to the FRB Stress Test on a Nomura HD consolidated basis (US entity)
- Trust-industry regulation: Trust Business Act, trust-agreement-agent regulation, business-scope regulation
- Consolidated supervision: under consolidated Basel III regulation owing to Nomura HD’s G-SIB designation
8. Counterpoints
Subjective competitive assessments and points of contention are separated into
.opinions/JapanFG/nomura-trust-bank.md.
9. Open questions
- Precise confirmation of the latest-fiscal-year figures for Nomura Trust Bank’s standalone financial metrics (deposits / loans / ordinary profit) (trust-bank standalone disclosure / Nomura HD segment disclosure)
- The depth of securities + trust coordination within the Wealth Management strategy, and countermeasures against competitors (SMBC Nikko + SMTB coordination, Daiwa + Daiwa Next coordination)
- The status of acquiring overseas institutional investors in the custody business (relationship with major custody specialists such as MTBJ-master / JTSB)
- The degree of spillover to trust-subsidiary earnings during US market-risk fluctuations
- The possibility of entry into crypto-asset trusts / tokenized-asset trusts (where SBI Shinsei Trust Bank is ahead)
Related
- nomura-hd — parent company, securities-centric financial group
- nomura-securities — core securities subsidiary
- nomura-asset-management — group AM
- sumitomo-mitsui-trust — largest domestic independent trust
- mitsubishi-ufj-trust-bank — MUFG-affiliated trust
- mizuho-trust-banking — Mizuho-affiliated trust
- daiwa-next-bank — Daiwa Securities-affiliated bank (peer structure)
- sbi-shinsei-trust-bank — startup / crypto-asset trust peer
- INDEX
- post-megabank-positioning
Sources
- FSA, “銀行免許一覧”,
ginkou.xlsx. - Nomura Trust Bank, “会社概要”, https://www.nomura-trust.co.jp/company/corp.html (head office: Urban Net Otemachi Building 19F, 2-2号 Otemachi 2-chome, Chiyoda-ku, Tokyo; established 1993-08-24; capital 575 億円)
- Nomura Trust Bank, “事業内容”, https://www.nomura-trust.co.jp/company/business.html
- Nomura Trust Bank 2025年3月 term financial results summary (2025-05-13; deposits 1兆3,573億円 / total assets 2兆754億円 / net income 60億円, standalone: https://www.nomura-trust.co.jp/ir/pdf/2503.pdf)
- Nomura Holdings annual securities report / Form 20-F (annual consolidated disclosure)
- Wikipedia: 野村信託銀行 (public information)
[!info] Verification status confidence: likely (based on v1.1 public sources, 2026-05-25 expansion). Nomura HD 100% subsidiary status, trust-bank category, and business content can be confirmed on a public basis. The year of establishment (1993年 assumed), head-office location, and detailed KPI figures should be confirmed case by case via official corporate information / Nomura HD annual securities report segment disclosure ^[inferred / ambiguous].