Mirae Plans to Acquire Japan's Sanko Securities
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On October 29, 2026, the board of directors of South Korea's Mirae Asset Securities approved a proposed transaction to acquire Sanko Securities, a Tokyo-based brokerage company under Okasan Securities Group, for approximately 47.6 billion won (about $35.5 million). The transaction still requires regulatory approval and the consent of Sanko's board of directors, and the final acquisition price will be determined at closing. Mirae said it plans to use the deal to expand sales of financial products and ultimately operate a full-fledged retail brokerage business in Japan. The transaction has not yet been completed.
AI-written from reports · updated 1 hour ago
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- Finance MagnatesSouth Korea’s Mirae Asset Securities plans to acquire Japan’s Sanko Securities for $35.5 million
Mirae Asset Securities’ board approved a plan to acquire Sanko Securities, a Tokyo-based trading company under Okasan Securities Group, for approximately 47.6 billion won (about $35.5 million). The deal still requires regulatory approval and the consent of Sanko’s board, with the final price to be determined at closing. Mirae plans to expand its financial product sales and eventually operate a full-service retail brokerage business in Japan.
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