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. Additionally, the government continues to deepen capital market reforms to draw more institutional investors around the world. In an attempt to provide investors with a more comprehensive understanding of current brokers in Japan, WikiStock 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 西日本シティTT証券株式会社as planned according to its regulatory address that 3/F, Tenjin Business Center, 1-10-20 Tenjin, Chuo-ku, Fukuoka-shi, Fukuoka 810-0001.
The investigators came to 1-10-20 Tenjin in Chuo-ku of Fukuoka, Japan for a visit to the brokers office on January 31, 2024, and located a commercial building connected to the exit of Tenjin station. The building is easily accessible via public transport, with underground shopping street nearby. In the meantime, there is a host of convenient facilities along the street, such as restaurants, post office, and shopping malls.
Upon arrival at the building for further investigation, the survey personnel spotted a directory in the lobby, which displayed that 西日本シティTT証券株式会社 was situated on the 3rd floor.
After proceeding to the floor via the lift according to the directory, the inspection team could discover easily the company name and logo of 西日本シティTT証券株式会社. However, only staff and clients were allowed to enter the company. Therefore, the team failed to go into the office and take photos inside, and the specific office size of the company is unknown.
Through the on-site investigation, its confirmed that the broker has a physical presence at the location.
Conclusion
The survey team went to Japan to visit broker 西日本シティTT証券株式会社as scheduled, and found the companys name at its regulatory address. This denotes that the broker has a physical business office at the place. Unfortunately, the exact company size of the broker is unconfirmed as a result of the failure to pay an internal visit to its office. Meanwhile, investors are advised to make a sensible decision following a comprehensible consideration.
Disclaimer
The content is used for informational purpose only, and shall not be taken as a final order for making a choice.
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