UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of January, 2004
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MITSUBISHI TOKYO FINANCIAL GROUP, INC.
(Translation of registrant's name into English)
4-1, Marunouchi 2-chome, Chiyoda-ku
Tokyo 100-6326, Japan
(Address of principal executive offices)
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[Indicate by check mark whether the registrant files or
will file annual reports under cover Form 20-F or Form 40-F.]
Form 20-F __X__ Form 40-F _____
[Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.]
Yes ____ No __X__
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: January 26, 2004
MITSUBISHI TOKYO FINANCIAL GROUP, INC.
By: /s/ Atsushi Inamura
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Name: Atsushi Inamura
Title: Chief Manager, General Affairs
Corporate Administration Division
Manulife Financial Corporation
Manulife Life Insurance Company
Mitsubishi Tokyo Financial Group, Inc.
The Bank of Tokyo-Mitsubishi, Ltd.
Business Partnership launched between Manulife Financial,
its Japan affiliate Manulife Life Insurance, and Bank of Tokyo-Mitsubishi
Tokyo, January 26, 2004 --- Manulife Financial Corporation (Headquarters:
Toronto, Ontario, Canada, President & CEO: Dominic D'Alessandro) along with its
affiliate Manulife Life Insurance Company (President & CEO: Trevor Matthews) and
The Bank of Tokyo-Mitsubishi, Ltd. (BTM; President: Shigemitsu Miki), an
affiliate of Mitsubishi Tokyo Financial Group, Inc. (MTFG; President & CEO:
Shigemitsu Miki) agreed today to enter into a strategic alliance in individual
annuity insurance product development and sales. At the same time, BTM decided
to invest five billion yen in the preferred stock of Manulife Life Insurance by
March 2004, in light of establishing a long-term relationship with Manulife
Financial and Manulife Japan.
The purpose of this alliance is to bring together the advantages of Manulife
Life Insurance as well as its parent company Manulife Financial, one of the top
financial and insurance companies worldwide that enjoys leading-edge
products/service development capability, and BTM, which has a wide range of
excellent clientele throughout Japan. The companies will cooperate in using
their experiences inside and outside Japan to develop and sell competitive and
innovative products that can win a significant share in the individual annuity
market in Japan, which is expected to grow quickly.
BTM has been actively promoting the sales of individual annuity insurance since
it was deregulated to the banks in October 2002. Among its product line-up are
capital guarantee variable annuity and foreign currency-denominated fixed
annuity insurance with currency switching features between US dollar and Euro, a
first of its kind to be introduced in Japan. The alliance with Manulife
Financial and Manulife Japan will provide BTM with the power in product
development through the two companies that have extensive global experiences
including North America, and with the capability of offering more attractive and
cutting-edge individual annuity insurance products to customers in Japan. In
turn, Manulife Life Insurance will be able to offer its annuity insurance to a
large number of Japanese customers through BTM.
As the first step of the product development alliance, BTM plans to launch a new
product in April this year at all of its branches, provided FSA approval will be
issued in time. The product will also be offered at The Mitsubishi Trust and
Banking Corporation and Mitsubishi Securities Co., Ltd. soon after.
About Manulife Life Insurance Company
Since its start of Japan operation in April 1999, Manulife Life Insurance
Company (Manulife Japan) has been providing customers with innovative insurance
products including universal life insurance, medical insurance, and investment
type annuity. Also Manulife Japan is proud of its strong financial ground and
holds a top-class "AA+" credit rating from one of the world's most prestigious
credit rating agencies, Standard and Poor's Co. (As of December 2003)
More information about Manulife Japan can be found on the Internet at
www.manulife.co.jp.
About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group
operating in 15 countries and territories worldwide. Through its extensive
network of employees, agents and distribution partners, Manulife Financial
offers clients a diverse range of financial protection products and wealth
management services. Funds under management by Manulife Financial were Cdn$150.8
billion as at September 30, 2003.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '0945' on the SEHK. Manulife Financial can be found on the Internet at
www.manulife.com.
About The Bank of Tokyo-Mitsubishi, Ltd.
The Bank of Tokyo-Mitsubishi, Ltd. (BTM) is a leading commercial bank in Japan,
offering an extensive scope of commercial, investment, and trust banking
products and services to businesses, governments and individuals worldwide.
BTM's domestic network comprises more than 260 branches, sub-branches and
agencies. The BTM Group's global network, spanning more than 40 countries, is
unrivaled among its Japanese peers.
About Mitsubishi Tokyo Financial Group, Inc.
Mitsubishi Tokyo Financial Group, Inc. (MTFG) is the holding company established
in April 2001 to oversee the operations of The Bank of Tokyo-Mitsubishi, Ltd.,
The Mitsubishi Trust and Banking Corporation and their subsidiaries. Its primary
responsibilities center on facilitating business synergies among the entities of
the MTFG, on setting the Group's overall strategic direction, and on managing
the Group's risk globally. Shares of the holding company trade on the Tokyo,
Osaka, New York (NYSE: MTF), and London stock exchanges.
For more information, please contact:
Minoru Shimizu Manulife Life Insurance Company Tel: 0424-42-7076
Seiji Itai Mitsubishi Tokyo Financial Group, Inc. Tel: 03-3240-8136
Yuichiro Hattori The Bank of Tokyo-Mitsubishi, Ltd. Tel: 03-3240-2950