Message from Management

Solid Results through Deepened Collaboration over 10 Years

Since the launch of our joint venture in May 2010, when the impact of the global financial crisis was still felt, Mitsubishi UFJ Morgan Stanley Securities and Morgan Stanley MUFG Securities have been collaborating with each other on various fronts, to better meet the diversifying needs of our clients and to deliver best-in-class financial services and products. Building on the deepened collaboration for over a decade, the joint venture is now one of the most successful aspects of the alliance between Mitsubishi UFJ Financial Group (MUFG) and Morgan Stanley. We would like to thank our clients, employees and shareholders for their continued support.

Leveraging the combined capabilities of MUFG’s unparalleled client footprint and Morgan Stanley’s global reach and financial expertise, our integrated investment banking team and respective capital markets teams have jointly scored solid wins on a number of notable transactions in the areas of M&A advisory and equity and debt offerings. Over the years, collaboration between the two companies has also extended to the area of wealth management.

In July 2023, MUFG and Morgan Stanley announced the launch of “Alliance 2.0”, an enhanced Global Strategic Alliance for further collaboration between the two firms. Through this initiative, Mitsubishi UFJ Morgan Stanley Securities and Morgan Stanley MUFG Securities will be collaborating in the Japanese research and equity business for institutional clients, which will allow us to provide a more extensive range of financial services and products to our clients.

To Be the Top Securities Firm in Japan

In April 2021, MUFG defined its purpose as "Committed to empowering a brighter future." and its business activities are driven by the determination to make every effort to empower all its stakeholders to take the next step forward. Morgan Stanley has also been focused on “putting clients first” and adhering to the highest standards of integrity and excellence, with its founding principle: first class business in a first class way.

As such, the two companies share a core value of achieving a high level of customer satisfaction, and every employee of both sides has diligently followed this value to earn the trust of clients.

Competition in the securities industry is intensifying further, while we see such pressing needs as accelerating the shift “from savings to investment and asset building” and helping Japan’s industrial sector develop further and increase competitiveness. Amid such changing business environment, our joint venture will endeavor to provide unrivaled services and ideas to meet client and social needs by leveraging the synergies of MUFG and Morgan Stanley.

Mitsubishi UFJ Morgan Stanley Securities and Morgan Stanley MUFG Securities will continue working closely together as one joint venture, so as to combine efforts in providing clients with the best possible service and to achieve our goal of becoming the top securities firm in Japan.