Mirae Asset Securities to acquire Japan’s 三晃証券 for ¥5 billion, making a full-scale entry into Japan’s financial market by securing a “First-Class Financial Instruments Business” license

Mirae Asset Securities will acquire Japan's 三晃証券 for ¥5 billion, securing a Type 1 financial instruments business license and making a full-scale entry into Japan's financial market.

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The story

Mirae Asset Securities is reported to be acquiring 三晃証券, with the purchase price said to be ¥5 billion. The article does not specify the transaction date.

The acquisition is intended to facilitate a full-scale entry into the Japanese market by securing a Type 1 financial instruments business license. This is expected to advance Mirae Asset Securities' business expansion in Japan.

At a glance

AcquirerMirae Asset Securities

Target company三晃証券

Amount¥5 billion

Purpose/ImpactEntry by securing a Type 1 financial instruments business license

MarketEntry into Japan's financial market

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