UMI Enters into Capital and Business Alliance with Sumitomo Mitsui Trust Bank for Green Transformation through Efficient Use of Industrial Complexes

Universal Materials Incubator Co., Ltd. (hereinafter, “UMI”), a facilitator of a platform for creating new industries in the materials and chemical sectors, has entered into a capital and business alliance agreement with Sumitomo Mitsui Trust Bank, Limited (hereinafter, “SMTB”) with the aim of realizing green transformation (GX) through efficient use of industrial complexes.

SMTB invested in the UMI III Fund, an investment limited partnership, in 2022 and has since worked with UMI to create new businesses that address social challenges. In addition, the two parties have held discussions on developing plans and advancing projects aimed at achieving green transformation (GX) in industrial complexes across Japan.

Through this capital and business alliance, SMTB’s expertise in investment and lending and its ability to assess opportunities in the real-assets sector, particularly in social and industrial infrastructure, will be combined with UMI’s specialized knowledge and industrial network in the materials and chemical industries to further accelerate initiatives toward achieving GX in industrial complexes.

Sumitomo Mitsui Trust Bank, Limited
SMTB is the core trust bank of Sumitomo Mitsui Trust Group, combining banking and trust functions to provide a broad range of solutions in areas including asset management, asset administration, real estate, pensions, stock transfer agency, inheritance, and succession.
President: Manatomo Yoneyama
Head Office address: 1-4-1, Marunouchi, Chiyoda-ku, Tokyo
https://www.smtb.jp/english

Universal Materials Incubator Co., Ltd. (UMI)
With a corporate vision of “Change the World with Materials and Chemistry,” UMI develops and financially supports businesses that address global social challenges through the power of materials and chemistry.
Representative Director: Shosuke Kiba
Location：1-12-22 Tsukiji, Chuo-ku, Tokyo 104-0045, Japan
https://www.umi.co.jp/en/