TOB Agent Services<KEY HIGHLIGHTS>
1.

Ranked top 6 th TOB agent in the Japan market league table, closely
following the major securities firms*

2.

Able to support TOB to increase shareholder value even in hostile
takeover situations

3.

Track record of executing counter TOB which requires prompt andaccurate actions*Aggregated public data since Oct 2012 (figure as of Sep 2022）

Company Name︓

Registration︓

Establishment︓
Capital︓

MITA SECURITIES Co., Ltd.
Director of Kanto Local Finance Bureau (Financial instruments firms) No.175
Moneylender / Tokyo Governor (7) No.27088
Registered Real Estate Broker / Tokyo Governor (1) No.103950
Real Estate Specified Joint Enterprises / Commissioner of the FSA・Minister of Land,
Infrastructure and Transport No.76
July 1949¥500,000,000 (as of March 31, 2022)

President & CEO︓

Kunihiro Mita

Office Addresses︓(Head Office) 3-11, Nihonbashi-kabutocho, Chuo-ku, Tokyo 〒103-0026
Tel +81-3-3666-0011(Osaka Branch) 1-7-15, Minami-honmachi, Chuo-ku, Osaka City, Osaka 〒541-0054
Tel +81-6-6260-5670

Subsidiary︓

Mita Capital Pte. Ltd. / 105 Cecil Street #24-02/04 The Octagon Singapore 069534
EJ Consultancy Services Pte. Ltd. / 105 Cecil Street #24-02/04 The Octagon
Singapore 069534
Mita Global Finance Co., Ltd. / 3-11, Nihonbashi-kabutocho, Chuo-ku, Tokyo 〒1030026

Membership in
Associations︓

Japan Securities Dealers Association
Tokyo Real Estate Association
Japan Financial Services Association

Membership in
Exchanges︓

The Tokyo Stock Exchange・The Osaka Stock Exchange

Membership in
Investor Protection
Funds︓
Accounting Auditor︓

Japan Investor Protection Funds

Moore Mirai & Co. (As of July 2022）

Example of a hostile TOB caseIn recent years, the number of hostile TOB deals have increased. It is becoming
increasingly difficult for the target company’s board of directors to blindly reject TOB
transactions set at price levels believed to increase shareholder value by minority
shareholders.
Announcement Date

TargetAcquirer

TOB Agent

Target Opinion

2020/1TOSHIBA MACHINECity Index Eleventh

Mita Securities

Against2020/11

Keihanshin Building

Sunshine H Investment Partnership

Mita Securities

Against2021/1

Nippo-Sangyou

Freesia MacrossMita Securities

Against2021/2

Japan Asia GroupCity Index Eleventh

Mita Securities

Against2021/4

Invesco Office J-REIT

Starwood Capital GroupMita Securities

Against2021/4

Fuji Kosan

Aslead Capital

Mita Securities

Against*Reference – Public data from Jan 2020〜Sep 2021

TOB Agent - League Table

Transaction

Mita Securities has a strong track record ranked top 6th TOB agent in the Japan market
league table*, including a large hostile TOB deal with Invesco Office J-REIT, Inc.
*Aggregated public data since Oct 2012 (figure as of Sep 2022）
Rank

TOB Agent

No. ofDeals

1

Sumitomo Mitsui Financial Group

154

Solekia

Individuals

1.0B/1,500

2

Nomura Holdings

138

Tera Probe

Powertech Technology

4.9B/2,300

3Daiwa Securities Group

135

MarumanMaruman Korea

0.9B/6,800

4Mizuho Financial Group130

Sagami GroupHoldings

Belluna

5.9B/2,400

5Mitsubishi UFJ Financial Group

56

Majesty Golf

Majesty Golf Korea

1.6B/6,100

6Mita Securities

40

Invesco Office
J-REIT

Starwood CapitalGroup

165.5B/20,700

HyAS & Co.

Kufu Company

1.7B/4,300

SanshinElectronics

Sanshin Electronics

15.7B/14,920

SNKElectronic Gaming
Development

50.5B/1,800

ZettonAdastria

1.6B/6,000

Chiyoda Ute

Knauf InternationalGmbH

7.7B/870

Toyo Knife

Ferrotec Holdings

2.2B/830

Ohizumi Mfg.

Ferrotec Holdings2.0B/7,500

SHiDAX

Oisix ra daichi

9.9B/36,700

7Tokai Tokyo Securities
SBI Securities

219Okasan Securities Group710

H.S. Securities
Phillip Securities Japan

5Contact US（Investment Banking Division）☎ 03-3666-0039※※※

TargetAcquirerPrice (JPY)/
No. of SH✉ ibd@mitasec.com

The preliminary review of each deal shall be conducted by Mita Securities. Please note that the transaction may not beaccepted as a result of the examination.
Services as described herein may be changed or stopped for unavoidable reasons.
Clients information obtained during the preliminary review will keep privately confidential.