Each of Nikko Beans and Monex has been focusing on setting up and providing the best advanced financial services to individual investors as an on-line specialized brokerage. The agreement on the business integration by Nikko Beans and Monex will accelerate towards the realization of the aims of both companies and intended to create firm platforms for future business developments.

Nikko Beans was established as a subsidiary to a leading financial institution and provides specialized and advanced financial services while Monex was established through cooperation among non-financial business entities and individuals as the new type of financial institution which pursues usefulness and convenience of individual investors. The business integration of these two companies will enable to provide genuine and fine financial services under more suitable prices.

The assets under the custody of both companies after the business integration will be over 1.3 Trillion Yen; the largest among on-line brokers in Japan. But the business integration of Nikko Beans and Monex will not only add the existing values of both companies. The new holding company will be operated to further the value of the company brand (i.e., the brand to pursue to provide the comprehensive financial services for individuals in Japan which has been eagerly sought for by Monex) through its cooperation with Sony Corporation and Nikko Cordial Corporation, and its major shareholders.