PayPay's acquisition of shares in PayPay Securities Home Practices PayPay's acquisition of shares in PayPay Securities Period February, 2025 Practices M&A People Tomoya Fujita Tomoya Fujita Partner Tokyo +81-3-6266-8575 tomoya.fujita@morihamada.com M&A Competition / Antitrust Corporate Law Masaki Yukawa Masaki Yukawa Counsel Tokyo +81-3-6266-8764 masaki.yukawa@morihamada.com Financial Regulation TMT (Technology, Media & Telecom) Consumer Law Structured Finance / Banking Real Estate / REITs Kazuki Sawa Kazuki Sawa Senior Associate Tokyo +81-3-6212-8387 Capital Markets Employment & Labor M&A Dispute Resolution Hiroki Yamaguchi Hiroki Yamaguchi Senior Associate Tokyo +81-3-6266-8552 Capital Markets Financial Regulation Suguru Miyata Suguru Miyata Partner Tokyo +81-3-6266-8732 suguru.miyata@morihamada.com Capital Markets Crisis Management / Compliance Financial Regulation Sustainability / Environmental Law M&A Restructuring Related Cases June 3, 2025 Case Highlights Privatization of Makino Milling Machine by MBK Partners (represented MBK Partners as a white knight) Shuhei Uchida Masaaki Hirota Kei Shirakawa Masaki Kakimoto June, 2025 Privatization of TRYT by Carlyle (represented TRYT) Masaaki Hirota Ryosuke Shigaki May 29, 2025 Case Highlights Privatization of SBI Sumishin Net Bank by NTT DOCOMO and capital and business alliance among Sumitomo Mitsui Trust Bank, NTT DOCOMO, and SBI Sumishin Net Bank (represented Sumitomo Mitsui Trust Bank) Yoshihiro Kojima Masaaki Hirota May, 2025 Privatization of Mitsubishi Shokuhin by Mitsubishi Corporation (represented the special committee of Mitsubishi Shokuhin) Gaku Ishiwata Hideki Ben May, 2025 Case Highlights NTT: Acquisition of NTT Data for JPY 2.37 trillion Minoru Sawaguchi Akira Matsushita Yohsuke Higashi Shimpei Ochi May, 2025 Management buyout of IMAGICA GROUP (represented the purchaser) Masakazu Kumagai Kensuke Sakajiri Go back to Cases