Aizawa Securities Group Inc.

We have published the company's history from its founding in 1918 to the present.

Founder Aizawa Yaha began handling securities business as a general trader at the Tokyo Stock Exchange (now Tokyo Stock Exchange) under the name Port House Store.

Founded: July 7, 1918 (Taisho 7)

Aizawa Shoten Inc. (capital 10 million yen) was established in Nihonbashi-ku, Tokyo, for the purpose of handling securities business.

Established: October 3, 1933 (Showa 8)

Merged with Ishizaki Shoten Inc. (capital 30 million yen) under the Corporate Organization Act.

Name changed to Aizawa Securities Co., Ltd.

Absorbed and merged with Nihon Securities Investment Co., Ltd. (headquartered in Tokyo) (capital 130 million yen).

Acquired the business rights of Izu Securities Co., Ltd. (headquartered in Shizuoka Prefecture).

Acquired the business rights of Tokiwake Securities Co., Ltd. (headquartered in Shizuoka Prefecture).

Acquired the business rights of Eitokuyashoken Co., Ltd. (headquartered in Shizuoka Prefecture).

Joined the National Bond Underwriting Securities Group.

Acquired the business rights of Yamanashi Securities Co., Ltd. (headquartered in Yamanashi Prefecture).

Obtained a securities business license in accordance with the transition to a licensing system for securities.

Obtained approval for dual business of accepting public bond payment and acting as an agent for principal and interest payments.

Obtained approval for dual business of lending money using protected public bonds as collateral.

Obtained approval for dual business of acting as an agent for cumulative investment business and for payment of income, redemption, and partial redemption of securities investment trust beneficiary securities.

Obtained approval for dual business of buying and selling transferable deposits, mediating sales, and acting as an agent.

Obtained approval for dual business of buying and selling yen-denominated bank acceptance bills and mediating sales.

Established Aizawa Investment Advisory Inc. (headquartered in Tokyo, capital 150 million yen, 5% ownership) for the purpose of managing funds for large clients.

Joined as a full member of the Osaka Stock Exchange

Obtained approval for dual business of agency services related to issuance of domestic commercial paper, trading, brokerage, and intermediary services

Designated as a securities company under the Foreign Exchange and Foreign Trade Control Act

Obtained approval for dual business of trading, brokerage, and intermediary services for transferable deposit securities and overseas CP, as well as permanent agency services

Obtained approval for dual business of brokerage and custody services for mortgage securities

Capital increased from 17.02 billion yen to 32.02 billion yen, and upgraded to a comprehensive securities company

Obtained approval for dual business of agency services for gold bullion buy-sell transactions

Moved headquarters to 1-20-3 Nihonbashi, Chuo-ku, Tokyo upon completion of the new office

Obtained approval for dual business of cashing operations using MMF and medium-term government bond funds

Registered as a securities company in accordance with the transition to a registration system

Invested in Japan Asia Securities Group Ltd. with the aim of expanding into the Asian market

Made an additional 65% investment in Aizawa Investment Advisory Co., Ltd. (headquarters Tokyo, capital 30 billion yen) and made it a subsidiary (investment ratio 70%)

Acquired shares of Sun I Excellent Co., Ltd. and made it a subsidiary (investment ratio 100%)

Acquired all shares of Aizawa Investment Advisory Co., Ltd. and made it a wholly-owned subsidiary (investment ratio 100%)

Merged with Hiraoka Securities Co., Ltd. (headquarters Osaka, Osaka Prefecture) (capital 5 billion yen)

Dissolved Aizawa Investment Advisory Co., Ltd.

Established Shanghai Aizawa Investment Consulting Co., Ltd. as a wholly-owned subsidiary

Established Aizawa Investments Co., Ltd. as a wholly-owned subsidiary

Established Aizawa Venture No.1 Investment Business LLC with 100% investment

Listed on the JASDAQ Stock Exchange

Capital increased to 8 billion yen through a public offering.

Established Aizawa Venture 2 Investment Partnership with 100% investment.

Established Aizawa Asset Management (C.I.) Ltd. as a wholly-owned subsidiary.

Established Aizawa Venture 3 Investment Partnership with 100% investment.

Subsidiaries Aizawa Investments Inc. and Sun AI Excellent Inc. merged.

Invested in Japan Securities Co., Ltd., a Vietnamese securities company (formerly Sakura Securities).

Dissolved Shanghai Lanzi Investment Consulting Co., Ltd. following the establishment of the Shanghai office.

Listed on Osaka Securities Exchange (JASDAQ market) following the merger of Osaka Securities Exchange Co., Ltd. and JASDAQ Securities Exchange Co., Ltd.

Received a merit plaque from the Korean Financial Investment Association.

Listed on Osaka Securities Exchange JASDAQ (Standard) following the integration of the Osaka Securities Exchange Hercules market and the JASDAQ market.

Received the 'Japan-Israel Business Exchange Contribution Company Award'.

Certified by the Management Innovation Support Organization.

Made Aihatan Securities Co., Ltd. (headquartered in Hiroshima Prefecture) a wholly-owned subsidiary.

Changed listing market to First Section of the Tokyo Stock Exchange.

Merged with Aihatan Securities Co., Ltd.

Made Japan Asia Securities Co., Ltd. (headquartered in Tokyo) a wholly-owned subsidiary.

Dissolved Aizawa Asset Management (C.I.) Ltd.

Made Japan Securities Co., Ltd., a Vietnamese securities company, a subsidiary.

Merged with Japan Asia Securities Co., Ltd.

Liquidated Aizawa Venture 1 Investment Partnership.

Liquidated Iizawa Venture No. 2 Investment Limited Partnership.

Established Iizawa No. 4 Investment Limited Partnership with 100% investment.

Liquidated Iizawa No. 3 Investment Limited Partnership.

Made Asuka Asset Management Co., Ltd. (headquartered in Tokyo) a wholly-owned subsidiary.

Made Asuka Asset Management Co., Ltd. (headquartered in Tokyo) a wholly-owned subsidiary.

Made Akebono Investment Advisory Co., Ltd. (headquartered in Tokyo) a subsidiary.

Made Akebono Investment Advisory Co., Ltd. (headquartered in Tokyo) a subsidiary.

Asuka Asset Management Co., Ltd. merged with Akebono Investment Advisory Co., Ltd. and changed its name to Iizawa Asset Management Co., Ltd.

Converted into a subsidiary following investment in Ariake Secondary Fund II LP.

Converted into a subsidiary following investment in Ariake Secondary Fund II LP.

Established Iizawa Securities Split Preparation Co., Ltd. (now Iizawa Securities Co., Ltd.) and Life Design Partners Co., Ltd. as wholly-owned subsidiaries.

Established Iizawa Securities Split Preparation Co., Ltd. (now Iizawa Securities Co., Ltd.) and Life Design Partners Co., Ltd. as wholly-owned subsidiaries.

Transitioned to a company with an Audit Committee.

Transitioned to a company with an Audit Committee.

Moved headquarters from Nihonbashi, Chuo-ku, Tokyo to Shiodome, Minato-ku, Tokyo

Moved headquarters from Nihonbashi, Chuo-ku, Tokyo to Shiodome, Minato-ku, Tokyo.

With the transition to a holding company structure, the securities business was transferred to Aizawa Securities Co., Ltd., and the investment business to Aizawa Investments Co., Ltd.

Renamed to Aizawa Securities Group Co., Ltd.

With the transition to a holding company structure, the securities business was transferred to Iizawa Securities Co., Ltd. and the investment business to Iizawa Investments Co., Ltd.

Changed its name to Iizawa Securities Group Co., Ltd.

Moved to the Prime market following a review of the market classification by the Tokyo Stock Exchange

Moved to the Prime market following a review of market classifications by the Tokyo Stock Exchange.

Converted into a subsidiary following investment in Ariake Secondary Fund III LP.

Formulated the 'Purpose, Vision, Value' and the 'Iizawa Declaration'.