※This is a machine-translated text of the original article.

Mitsubishi UFJ Trust and Banking Corporation (hereinafter “Trust Bank”), a consolidated subsidiary of Mitsubishi UFJ Financial Group (hereinafter “MUFG”), announced that it would establish MUFG Inheritance Research Institute, which specializes in the inheritance of the assets of the elderly.

In recent years, the issue of an aging society has been taken up as a domestic issue. If this situation continues, there is a possibility that the number of elderly people who will be constrained by the enjoyment of financial services and asset succession will increase in the future.

MUFG has traditionally developed and provided products and services that contribute to personal asset management and asset succession, centered on trust banks.

However, in response to the above background, MUFG Inheritance Research Institute was established to contribute to the solution of the social issues of “asset management in an aging society” and “smooth succession of assets to the next generation.”

In the future, in response to asset management issues and the revision of the Civil Code (Inheritance Law) accompanying the advancement of long-lived assets, the company intends to carry out practical investigations and research that can be utilized on-site for smooth intergenerational transfers of assets, which are attracting increasing attention, and return the findings to society as a whole.

Specifically, the company will conduct surveys and research on the needs for resolving concerns about asset management and asset succession, as well as methods for resolving those concerns. Based on the results, the company will provide advice to financial institutions and other entities regarding product development and content production.

The company also plans to publish a survey and research report on the website of MUFG Institute for Inheritance Research, hold symposiums and seminars for customers, and publish books.

Original Text: https://ampmedia.jp/2020/02/18/mufg/