Reason for this visit
As the main stock exchange in Japan, the Tokyo Stock Exchange (TSE) is also one of the largest stock markets in the world. The Nikkei 225 is the major stock index in Japan, covering most blue-chip companies and industries. It has significant global influence and is often seen as an indicator of the Asia-Pacific stock markets prospects. Japanese stock market boasts good liquidity, large listed companies with strong risk management capabilities, and substantial policy support. Major stock brokers include Nomura Securities, Daiwa Securities, and other large comprehensive securities companies, which provide trading and investment services in stocks and derivatives for both institutional and retail investors. In recent years, with the wave of financial technology and the rise of a new generation of investors, Japanese online securities companies and foreign brokerage firms have grown rapidly. Stock trading volume has continued to expand, and commission rates have been lowered. The Financial Services Agency (FSA) and securities regulatory authority in Japan implement strict supervision against the listed companies in the stock market, ensuring market stability and safety. At the same time, the government continues to deepen capital market reforms to attract more institutional investors around the world. To provide investors with a more comprehensive understanding of the current situation of brokers in Japan, WikiFX survey team decides to go to the country for on-site visits to local companies.
On-site visit
In this issue, the survey team went to Japan to visit broker今村証券 (Linkinvestment) as planned according to its regulatory address that 25 Tokencho, Kanazawa City, Ishikawa Prefecture 920-0906.
The investigators arrived at a modern commercial building in Kanazawa, the capital city of Japans Ishikawa Prefecture on November 30, 2023. The building boasts a fabulous location easily accessible via pubic transport, with 15-minute walk from the Kanazawa Station on Hokuriku Railroad Asanogawa Line. The company name of 今村証券 can be clearly spotted at the entrance of the building from a distance.
After accessing the building, the survey personnel found the whole building was owned by今村証券without other tenants in it. Unfortunately, people weren‘t allowed to visit the company’s office and take photos. Therefore, it is unable to know the exact business scale of the company.
Through an on-side investigation, it is confirmed that今村証券truly has a physical presence at the location.
Conclusion
The survey team went to Japan to visit broker今村証券as scheduled, and found the companys name at its regulatory address. This indicates that the broker does have a physical business office at the place. Unluckily, the exact company size of the broker is unknown due to the failure to pay an internal visit to its office. Therefore, investors are advised to make an informed decision following an overall consideration.
Disclaimer
The content is used for informational purpose only, and shall not be taken as a final order for making a choice.
Check whenever you want
WikiStock APP