2, 08. 2006
Securities industry organization
Japanese Securities Dealers Association (JSDA)
Association of securities companies and dealers active in Japan. The mission is to promote the further development of the Japanese securities market and the enhancement of investors’ confidence. There are 285 member companies including 41 foreign securities companies.
- Nomura Holdings
- Largest securities firm in Japan. Established in 1925 through separation of securities division of old Osaka Nomura Bank. Has strength in bond dealing. Boasts largest number of Net dealing accounts. Stressing investment- banking business.
- Daiwa Securities Group
- Second largest securities company in Japan. Has comprehensive tie-up with Sumitomo Mitsui Banking in the field of wholesale. Became holding company in April 1999 and strengthening group-wide business strategy.
- Nikko Cordial
- Established 1944 through merger between two securities firms. One of top three securities firms. Has capital tie-up with Citigroup (US). Highly competitive in wholesale sector. Implements performance-based salary system.
- Mitsubishi UFJ Securities
- Born out of merger between Mitsubishi Securities and UFJ Tsubasa Securities in October 2005. Core company of Mitsubishi UFJ financial group. Aims to improve the skill and provide best products and services to customers.
- Mizuho Securities
- Founded in October 2000, a market leader in wholesale business. As a member of Mizuho Financial Group, it is able to tap wide-ranging expertise and knowledge in the banking and securities field.
- Shinko Securities
- Leading comprehensive securities firm, ranking in 4th in industry. Excelling in research capabilities. Has association with Mizuho group (old IBJ). Merged with Wako Securities in April 2000.
The competent authorities
- Financial Services Agency
- Responsible for ensuring the stability of financial system in Japan. Deals in implementing of such measures as proper inspection and supervision of private sector financial institution and surveillance of securities transaction.
- Ministry of Finance
- One of the central government offices in Japan. Deals with Japanese budget, tax policy, customs and tariff, national property, currency foreign exchange and others. Releases various statistics like trade statistics and balance of payment.
- Bank of Japan
- Its missions are to maintain price stability and to ensure the stability of financial system. To fulfill these two missions, it issues bank notes as the nation’s sole “issuing bank.” And controls the overall volume of money in the economy and interest rates on a daily basis through money market operations.
- Securities and Exchange Surveillance Commission
- An Advisory Committee to the Prime Minister recommended the establishment of an inspections & surveillance commission which is independent from the supervisory function of the Ministry of Finance. Based on the recommendation, it was formally launched on 20th July 1992.
- Tokyo Stock Exchange (TSE)
- Provides an efficient, convenient, fair and reliable marketplace and carries out corporate activities in line with the trust that is place in it from society. It has established the charter of corporate behavior as a statement of universal values on the standpoint of corporate ethics.
Other related organizations
- The Investment Trusts Association
- The guidance and recommendations in order to have members comply with the laws and regulations when engaging in the investment trust management business. The investigations, guidance and recommendations necessary for ensuring the investor protection.
- Japan Securities Investment Advisers Association
- Dedicated to promoting fair business conducts and enhancing a social confidence through the establishment of self-regulatory rules and the implementation of disclosure programs regarding members’ activities in order to protect investors.