HISTORY

July
SPARX Asset Management Co., Ltd.
was established as a registered
investment advisory company in Tokyo, Japan.

December
SPARX Overseas Ltd
was established in Bermuda as a subsidiary
to manage offshore funds.
February
License of discretionary investment management business was acquired by SPARX Asset Management Co., Ltd.
May
SPARX Securities Co., Ltd.
was established as a wholly-owned subsidiary and acquired its securities business licenses.

March
SPARX Asset Management Co., Ltd.
acquired its investment trust management license in Japan.

December
SPARX Asset Management Co., Ltd.
was listed on the JASDAQ.

February
SPARX acquired a significant strategic stake in Cosmo Investment Management Co., Ltd.,
a Korean based asset management company to invest in Korean market.
April
SPARX Spin-off Preparation Co., Ltd.
was established.
June
SPARX acquired a 100% stake in PMA Capital Management Limited (currently SPARX Asia Capital Management Limited), a Hong Kong based asset management company to invest in Asian markets.
October
SPARX acquired a 100% stake in PMA Capital Management Limited(currently SPARX Asia Capital Management Limited), a Hong Kong based asset management company to invest in Asian markets.
September
SPARX and Hennessy Advisors, Inc. forged new U.S. partnership for distribution and management of the mutual fund business in the U.S.
July
SPARX Asset Management Co., Ltd.
merged with SPARX Securities Co., Ltd.
to rationalize business operations.
November
Cosmo Investment Management Co., Ltd.
awarded Collective investment business license and changed its trade name to Cosmo Asset Management Co., Ltd.
May
SPARX Group Co., Ltd
and SPARX Asset Management Co., Ltd.
moved their head office to Higashi Shinagawa, Shinagawa-ku, Tokyo.
July
SPARX Green Energy & Technology Co., Ltd.
was established to enter electric supply business and consulting business of electric power generation utilizing renewable energy.
November
Cosmo Asset Management Co., Ltd.
moved its head office to Gukjegeumyung-ro, Youngdeungpro-gu, Seoul.
November
Cosmo Asset Management Co., Ltd.
awarded Hedge Funds business license.
April
SPARX Group Co., Ltd.
acquired a 100% stake of Japan Asset Trust Corporation and changed its trade name to SPARX Asset Trust & Management Co., Ltd.

February
Cosmo Asset Management Co., Ltd
changed its trade name to SPARX Asset Management Korea Co., Ltd.

November
Mirai Creation Fund was established
June
SPARX Group Co., Ltd ,
SPARX Asset Management Co., Ltd. ,
SPARX Green Energy & Technology Co., Ltd.
and SPARX Asset Trust & Management Co., Ltd.
moved their head office to Konan, Minato-ku, Tokyo.
November
US Representative Office (SanFrancisco, SPARX Asset Management Co., Ltd.)
was established.
July
Mirai Creation Fund II was established.
July
SPARX Group celebrated the 30th anniversary and chenged its logo.

December
SPARX Capital Investments, Inc.
was established.
February
SPARX Capital Investments, Inc.
started its operations.