Komori
M&A and Subsidiary Changes8609OKASAN SECURITIES GROUP INC.Financials (excluding banks)

Management integration of subsidiaries (Securities Japan and Okasan Business & Technology) and expansion of the securities platform business

The wholly owned subsidiaries 証券ジャパン and 岡三ビジネス&テクノロジー are scheduled to merge on 1 August 2026, with 証券ジャパン as the surviving company, and the new company's corporate name will be changed. In addition, 証券ジャパン's face-to-face sales business will change from 証券ジャパン to its subsidiary SJアドバイザーズ, where its sales employees will engage in financial instruments intermediary services.

Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
13
companies (number of companies using the securities platform business, including projected figures)
Wording
Conditional
How definitive the wording is.

This transaction

This management integration and transfer of the face-to-face sales business
Counterparty岡三ビジネス&テクノロジー株式会社, 株式会社SJアドバイザーズ
Disclosing companyOKASAN SECURITIES GROUP INC.
岡三ビジネス&テクノロジー株式会社 (merging company to be dissolved)Subject of this transactionVoting rights ownership percentage Before 100% (証券ジャパン and 岡三ビジネス&テクノロジー) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

岡三ビジネス&テクノロジー: information processing services, administrative outsourcing and other services; 証券ジャパン: financial instruments business; SJアドバイザーズ: financial instruments intermediary services

Location 2-2-1 Nihombashi-Muromachi, Chuo-ku, Tokyo (岡三ビジネス&テクノロジー); 1-2-18 Nihombashi-Kayabacho, Chuo-ku, Tokyo (証券ジャパン and SJアドバイザーズ)Share capital 岡三ビジネス&テクノロジー: ¥100 million; 証券ジャパン: ¥3 billion; SJアドバイザーズ: ¥25 millionDate of incorporation 岡三ビジネス&テクノロジー: July 1980; 証券ジャパン: April 1944; SJアドバイザーズ: March 2014
Net assets岡三ビジネス&テクノロジー: ¥3,776 million for former 岡三情報システム and ¥752 million for former 岡三ビジネスサービス (as of 31 March 2025); 証券ジャパン: ¥22,686 million (as of 31 March 2025); SJアドバイザーズ: ¥50 million (as of 31 March 2025)
Impact on Business Performance

The impact of this transaction on the company's consolidated results is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionThe new company following the integration is scheduled to be named 岡三ビジネス&テクノロジー証券株式会社. The representative of the surviving company, 証券ジャパン, will be Representative Director, Chairman and President Tanaka Mitsuru (田中充). 証券ジャパン's sales employees will engage in financial instruments intermediary services at SJアドバイザーズ.
This transaction
ItemDetails
Transaction nameThis management integration and transfer of the face-to-face sales business
Counterparty name岡三ビジネス&テクノロジー株式会社, 株式会社SJアドバイザーズ
Name of the Subject Company岡三ビジネス&テクノロジー株式会社 (merging company to be dissolved)
Business Description of the Subject Company岡三ビジネス&テクノロジー: information processing services, administrative outsourcing and other services; 証券ジャパン: financial instruments business; SJアドバイザーズ: financial instruments intermediary services
Location of the Subject Company2-2-1 Nihombashi-Muromachi, Chuo-ku, Tokyo (岡三ビジネス&テクノロジー); 1-2-18 Nihombashi-Kayabacho, Chuo-ku, Tokyo (証券ジャパン and SJアドバイザーズ)
Capital Stock of the Subject Company岡三ビジネス&テクノロジー: ¥100 million; 証券ジャパン: ¥3 billion; SJアドバイザーズ: ¥25 million
Date of Establishment of the Subject Company岡三ビジネス&テクノロジー: July 1980; 証券ジャパン: April 1944; SJアドバイザーズ: March 2014
Net Assets of the Subject Company岡三ビジネス&テクノロジー: ¥3,776 million for former 岡三情報システム and ¥752 million for former 岡三ビジネスサービス (as of 31 March 2025); 証券ジャパン: ¥22,686 million (as of 31 March 2025); SJアドバイザーズ: ¥50 million (as of 31 March 2025)
Voting rights ownership percentageBefore 100% (証券ジャパン and 岡三ビジネス&テクノロジー) (after not disclosed)
Impact on Business PerformanceThe impact of this transaction on the company's consolidated results is expected to be immaterial.
Date of board resolution12 May 2026 (証券ジャパン), 13 May 2026 (岡三ビジネス&テクノロジー), and 14 May 2026 (the company)
Contract Date28 May 2026 (scheduled)
Execution Date / Effective Date1 August 2026 (scheduled)
Management structure after acquisitionThe new company following the integration is scheduled to be named 岡三ビジネス&テクノロジー証券株式会社. The representative of the surviving company, 証券ジャパン, will be Representative Director, Chairman and President Tanaka Mitsuru (田中充). 証券ジャパン's sales employees will engage in financial instruments intermediary services at SJアドバイザーズ.
Items this document does not state (18)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The purpose is to enhance the business and achieve long-term growth by consolidating and specializing the operation of the securities platform business in the new company, continuing operations centered on 証券ジャパン, and also supporting 岡三証券's systems and back-office operations.

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Management integration of subsidiaries (Securities Japan and Okasan Business & Technology) and expansion of the securities platform business | OKASAN SECURITIES GROUP INC. (8609) timely disclosure | Komori