Morningstar Japan K.K. Completed the acquisition of Shinsei Investment Management Co., Ltd. from Shinsei Bank, Limited.
October 30, 2022
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Morningstar Japan K.K. (TSE:4765) agreed to acquire Shinsei Investment Management Co., Ltd. from Shinsei Bank, Limited (TSE:8303) for ¥1.3 billion on September 22, 2022. The transaction is expected to close on October 3, 2022. Maxus Corporate Advisory Co., Ltd. acted as a fairness opinion provider.
Morningstar Japan K.K. (TSE:4765) Completed the acquisition of Shinsei Investment Management Co., Ltd. from Shinsei Bank, Limited (TSE:8303) on October 1, 2022.
SBI Global Asset Management Co Ltd, formerly Morningstar Japan KK, is engaged in the financial services and asset management businesses. The Company operates its business through two segments. The Asset Management segment provides investment management services, including the establishment, offering, and management of investment trusts, mainly publicly offered additional equity investment trusts and privately placed bond investment trusts, investment advisory services for Fund of Funds and other funds, and consulting services related to defined contribution pension plans. The Financial Services segment provides data solutions and media solutions. The data solutions sells the web-based version of Stock Newspaper, distributes stock price and corporate information, and provides fund analysis reports and stock reports, among others. The Media Solutions provides advertising on the Company's website, marketing consulting, advertising agency services, among others.
SBI GLOBAL ASSET MANAGEMENT CO., LTD. 