OREANDA-NEWS. Mitsubishi UFJ Financial Group, Inc. (MUFG) and its subsidiaries the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) and Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD) have been discussing how to maximize growth and synergies to further MUFG Group's financial instruments business. As part of this effort, today a share transfer agreement was signed under which there will be a change in shareholdings within the MUFG Group whereby kabu.com Securities Co., Ltd. (kabu.com), will become a subsidiary of MUSHD.

1. Reason for change in shareholdings
As Japanese investors evolve their portfolios from savings to investment, by positioning kabu.com as a subsidiary of MUSHD, kabu.com can expand its business through MUSHD's know-how and customer base in the financial instruments business, which is expected to contribute to its growth and development over the long-term.

2. Change in shareholdings
(1) Shareholding ratio before change
- The Bank of Tokyo-Mitsubishi UFJ: 44.4%
- Mitsubishi UFJ Securities Holdings: 11.7%

(2) Shareholding ratio after change
Mitsubishi UFJ Securities Holdings: 50.1%
The Bank of Tokyo-Mitsubishi UFJ: 6.0.