MERITZ SECURITIES CO., LTD. is a Korea-based company specialized in the provision of securities and financial services. The Company is engaged in the securities dealing, brokerage and underwriting businesses, covering stocks, futures, options, government bonds, corporate bonds, foreign exchanges and financial related products. The Company provides Internet banking services, investment consulting services, asset management services and research services such as investment strategies and corporate analysis services. It is also engaged in the non performing loan investment and private equity foundation business. As of the fiscal year ended March 31, 2012, the Company had 12 affiliated companies.