Mitsubishi UFJ Trust And Banking Corporation agreed to acquire Shinkin Trust Bank, Ltd. from Shinkin Central Bank (TSE:8421) on October 31, 2016. The purchase procedure is expected to be finished in the summer of 2017. Mitsubishi UFJ Trust And Banking Corporation completed the acquisition of Shinkin Trust Bank, Ltd. from Shinkin Central Bank (TSE:8421) on September 19, 2017. The merger was an absorption-type merger where Mitsubishi UFJ Trust and Banking Corporation was a surviving company and Shinkin Trust Bank, Ltd. was a dissolving company.