Mirae Asset Securities disclosed that it is considering the acquisition of a local Japanese securities firm. However, it reiterated that the acquisition target has not been decided and that the matter is unrelated to Toss Securities.
Mirae Asset Securities disclosed that it is considering the acquisition of a local Japanese securities firm. The process remains at a stage where no specific acquisition target has been decided.
The company emphasized that the matter is unrelated to Toss Securities and is not a deal being pursued jointly with the company. The acquisition review remains at an early stage.
The article suggested that Mirae Asset Securities may be considering the acquisition as a way to leverage its wealth management (WM) capabilities in South Korea and its expertise in the global ETF business.
The disclosure cited continued capital inflows into the Japanese equity market as part of the market backdrop and stated that another disclosure would be made once related matters are finalized or within one month.