We would like to record our sincere appreciation for your trust and patronage of Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS). We marked our first anniversary on May 1st 2011, and on that day I assumed office as the company’s President & CEO.

I wish to extend my heartfelt condolences to all those affected by the Great East Japan Earthquake. MUMSS is working together with its fellow MUFG group companies and Morgan Stanley MUFG Securities to support the rebuilding activity, including donations to the disaster relief effort and organising volunteers.

Please accept my sincere apologies for the large loss posted by MUMSS in the last fiscal year, the resultant concern to our customers. Through the upgrading our risk management framework, we will dedicate ourselves to providing attentive and more-timely services in response to customer needs.

At the same time, in order to bring out our strength as the core brokerage firm of MUFG, we will develop our commitment to collaborating with businesses of MUFG and its group companies in Japan, Europe, US and Asia. We will also benefit from the global service capability, products and risk management skill of Morgan Stanley and strengthen our management culture for the future.

Following my appointment as President, I commit to making our company a strong leading firm, to fulfil our customers’ expectations and trust by implementing our streamlined business framework.

Your continued support is greatly appreciated.

 

Toshiro Toyoizumi President & CEO