Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 21 February 2019, the European Commission received a notification of a proposed concentration, pursuant to Article 3(1)(b) of Council Regulation (EC) No 139/2004, which involves the acquisition by KDDI Corporation (KDDI) of joint control with Mitsubishi UFJ Securities Holdings Co. Ltd., (Mitsubishi Securities) over Kabu.com Securities Co., Ltd. (Kabu.com).

The main business activities of the parties are as follows:

• KDDI is a telecommunications services company, which provides a range of services, including mobile phone services, fixed-line communication, information technologies (such as data centres), e-commerce, energy, and financial services.

• Mitsubishi Securities is a subsidiary of Mitsubishi UFJ Financial Group, Inc., which operates globally and provides a full range of banking services. Depending on the geographical region, these include retail, corporate, and investment banking services, as well as asset management and sales and trading services.

• Kabu.com is a securities company that mainly provides online brokerage services to customers located in Japan and computer systems, programs, and software for online securities transactions.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.