Nikko Asset Management Co Ltd (Tokyo)


Nikko Asset Management Co Ltd is a large advisory firm based in Tokyo. It manages $196.81 billion of regulatory assets for 941 client accounts. It has been registered with the SEC as an adviser since 2001.

Nikko Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as direct sales of private offered investment trusts.

Nikko Asset Management: assets under management

The assets under management (AUM) of Nikko Asset Management Co Ltd is $196.81 billion. The firm's AUM has grown by 81% since the beginning of its operation, and $151.79 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $183.52 billion in discretionary accounts and $13.29 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195.86 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.32 billion.

Investments

The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 7% of the firm’s portfolio. Investments in sovereign bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nikko Asset Management Co Ltd for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Yoshio Hishida serves?

The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Yoshio Hishida is pooled investment vehicles with 844 clients and $163.01 billion of assets under management. Among the 9 most similar advisory firms, Nikko Asset Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $196.81 billion for 941 clients. 100% of the firm’s clients are foreign persons or businesses.

Nikko Asset Management also advises several private funds.

Careers at Nikko Asset Management Co Ltd

The company employs 538 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 222 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Yoshio Hishida has been acting as President since 1 Apr 2015. Inc. Sumitomo Mitsui Trust Holdings joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Takashi Kidokoro Chairman 1 Apr 1999 Other 4392841
Satoru Takahashi President, ceo 1 Apr 1999 Other 4392845
Takejiro Sueyoshi Executive vice president 1 Apr 1999 Other 2380147
Masahito Ohmachi Senior managing director 1 Apr 1999 Other 4392848
Koki Chiyojima Senior managing director 1 Apr 1999 Other 4392851
Seizo Fujii Chief compliance officer 1 Apr 1999 Other 4392856
Shoji Yoshikoshi Senior executive officer, marketing 1 Apr 1999 Other 4392857
Shoji Nitto Executive officer, investment technology 1 Apr 1999 Other 4392859
Hidesumi Kaneko Executive officer, trading 1 Apr 1999 Other 4392860
Ltd. Nikko Securities Co. Shareholder 1 Apr 1999 75% - 100% foreign entity
Hiroshi Uchiyama Executive officer 1 Apr 1999 Other 4418146
Seiki Hishikawa Executive officer 1 Apr 1999 Other 336702
Hideo Fujikawa Executive officer 1 Apr 1999 Other 4418149
Nikko Cordial Securities Inc. Shareholder 1 Apr 1999 75% - 100% foreign entity
Nikko Cordial Corporation Shareholder 1 Apr 1999 75% - 100% foreign entity
Inc. Nam Holdings Shareholder 1 Apr 1999 25% - 50% foreign entity
Yutaka Uda Managing director 1 Jun 2000 Other 4392854
Tsutomu Makita Executive officer,corporate planning 1 Dec 2000 Other 1873555
Masafumi Hikima Senior executive officer 1 Jan 2001 Other 1523287
Hiromi Ukegawa Senior executive officer 1 Jan 2001 Other 2348893
Kimihide Takano Senior executive officer, head of corporate research 1 Jan 2001 Other 4392861
Kazuyoshi Kimura Executive vice president 1 Jan 2001 Other 4418139
Tadashi Shirokawa Executive officer 1 May 2001 Other 4443424
Satoru Takahashi Chairman 1 Jun 2001 Other 4392845
Kazuyoshi Kimura President, ceo 1 Jun 2001 Other 4418139
Toshio Yokoyama Managing director 1 Oct 2001 Other 2830573
Masafumi Hikima President, ceo 1 Jan 2002 Other 1523287
Kazuyoshi Kimura Chairman 1 Jan 2002 Other 4418139
Hiromi Ukegawa Managing director 1 Mar 2002 Other 2348893
Shoji Yoshikoshi Managing director 1 Mar 2002 Other 4392857
Kimihide Takano Managing director 1 Mar 2002 Other 4392861
Tsutomu Makita Director 1 Mar 2002 Other 1873555
Toshio Yokoyama Senior managing director 1 Jun 2002 Other 2830573
Yoshitaka Akamatsu Managing director 1 Jun 2002 Other 4555081
Haruyoshi Mabuchi Executive officer 1 Jun 2002 Other 1922334
Koichiro Ohchi Executive officer 1 Jun 2002 Other 4555930
Toyoaki Kokido Senior executive officer 1 Apr 2003 Other 4647414
Hiroaki Sugioka Director 1 Apr 2003 Other 4651373
Hiroaki Sugioka Chairman 1 Jun 2003 Other 4651373
Timothy Francis Mccarthy President & ceo 1 Mar 2004 Other 1689652
Nam Holdings Inc. Shareholder 1 Mar 2004 25% - 50% foreign entity
Timothy Francis Mccarthy Chairman & ceo 1 Jul 2004 Other 1689652
Hirano Hirofumi Director 1 Jul 2004 Other 4822728
Aragane Takashi Director 1 Jul 2004 Other 4822731
Billy Wade Wilder President & cio 1 Jul 2004 Other 4391896
Eng Cheit Shoong Director 1 Nov 2004 Other 4897239
Tetsuya Fukagawa Director 1 Nov 2004 Other 4897240
Frederick Reindenbach Executive officer & cfo 1 Dec 2004 Other 4897241
Frederick Reidenbach Cfo & cao 1 Dec 2004 Other 4897241
Michael Khoo Hong Chin Director 1 Jun 2005 Other 4991316
Wilfred Y Horie Director 1 Jun 2005 Other 4991320
Craig Philip Lehger Clo 1 Jul 2005 Other 5004055
Craig Philip Lehner Clo 1 Jul 2005 Other 5004055
Keiko Hayashi Director 1 Sep 2005 Other 5034132
Rajiv Arvind Ghatalia Director 1 Nov 2005 Other 2001069
Rajiv Ghatalia Director 1 Nov 2005 Other 2001069
Shouji Kuwashima Director 1 Feb 2006 Other 5125107
Shoji Kuwashima Director 1 Feb 2006 Other 5125107
Hideaki Imani Chief compliance officer 1 Apr 2006 Other 2264612
David Walter Monroe Clo 1 Jun 2006 Other 4990901
Kazuo Ida Director 1 Jun 2007 Other 5399560
Hari Iyer Director 1 Jun 2007 Other 5399562
Kenji Kawamura Co-chief compliance officer 1 May 2008 Other 4990899
Kenji Nishiyama Co-chief compliance officer 1 May 2008 Other 4995800
Anthony P Della Pietra Director 1 Mar 2009 Other 5648646
Mark F Hart Director 1 May 2009 Other 5664648
Tetsuo Matsugaki Director 1 May 2009 Other 5664643
Nam Investment Holdings G.K. Shareholder 1 Jun 2009 50% - 75% foreign entity
Nikko Citi Nam Holdings G.K. Shareholder 1 Jun 2009 50% - 75% foreign entity
Ltd. The Sumitomo Trust And Banking Co. Shareholder 1 Oct 2009 75% - 100% foreign entity
Akio Otsuka Director 1 Oct 2009 Other 5727208
Shuichi Kusakawa Director 1 Oct 2009 Other 5727209
Tetsuo Okubo Director 1 Oct 2009 Other 5727210
Yukihiro Kitano Director 1 Oct 2009 Other 5727211
Masahiko Murakami Director 1 Oct 2009 Other 5727212
Masayuki Tsukahara Cao 1 Apr 2010 Other 5777086
Naoki Togashi Director 1 Mar 2011 Other 5904755
Naoki Togashi Director 1 Apr 2011 Other 5904755
Charles Beazley Head of international and institutional business 1 Jul 2011 Other 4938575
Lim Sim Seng Director 1 Sep 2011 Other 5991638
Dbs Bank Ltd. Shareholder 1 Sep 2011 Other foreign entity
Limited Sumitomo Mitsui Trust Bank Shareholder 1 Apr 2012 75% - 100% foreign entity
Billy Wade Wilder Director, president & cio 1 Apr 2012 Other 4391896
Frederick Reidenbach Executive vice president, cfo & coo 1 Apr 2012 Other 4897241
Masahiko Murakami Representative director and executive vice president 1 Apr 2012 Other 5727212
Charles Beazley Representative director, chairman and ceo 1 Apr 2012 Other 4938575
Hideki Hiraki Director 1 Jun 2012 Other 6088822
Hiroki Tsujimura Chief investment officer - japan 1 Jan 2013 Other 2302926
Masayuki Ishihara Chief risk management officer 1 Jan 2013 Other 2303029
Yu Ming Wang Chief investment officer - international 1 Jan 2013 Other 2695777
Billy Wade Wilder Director & president 1 Jan 2013 Other 4391896
Frederick Reidenbach Director, executive vice president, coo & cfo 1 Apr 2013 Other 4897241
Charles Beazley Representative director, chairman, president and ceo 1 Apr 2013 Other 4938575
Ross Long Clo 1 Jun 2013 Other 6223921
Charles Beazley Representative director, president and ceo 1 Jul 2013 Other 4938575
Takumi Shibata Representative director & chairman 1 Jul 2013 Other 870697
Andrew Ross Long Clo & cco 1 Sep 2013 Other 6223921
Andrew Ross Long Clo 1 Oct 2013 Other 6223921
Mitsuaki Hasegawa Cco 1 Oct 2013 Other 5169168
Hideo Abe Executive vice chairman 1 Oct 2013 Other 1007821
Charles Beazley Director 1 Jan 2014 Other 4938575
Takumi Shibata Representative director, chairman, president and ceo 1 Jan 2014 Other 870697
Frederick Reidenbach Deputy president, coo & cfo 1 Apr 2014 Other 4897241
Masahiko Murakami Representative director and executive deputy president 1 Apr 2014 Other 5727212
Yu Ming Wang Deputy president, chief investment officer - international 1 Apr 2014 Other 2695777
Takumi Shibata Representative director, president and ceo 1 Apr 2014 Other 870697
Hideo Abe Director, executive vice chairman 1 Apr 2014 Other 1007821
David Jonathan Semaya Director and chairman 1 Apr 2014 Other 1807547
David Jonathan Semaya Representative director and chairman 1 Sep 2014 Other 1807547
Masashi Shimojo Acting cfo 1 Mar 2015 Other 6486583
Yoshio Hishida Director 1 Apr 2015 Other 6034967
Nathan Parker Simes Director 1 May 2015 Other 6489526
Junichi Sayato Representative director and executive deputy president 1 Jun 2015 Other 6528352
Takashi Kurosawa Chief financial officer 1 Jan 2016 Other 4667047
Mark De Vries Chief risk management officer 1 Mar 2016 Other 6621142
Masafumi Hidaka Chief compliance officer of investment 1 Apr 2016 Other 6636436
Osamu Morita Clo 1 Apr 2016 Other 6636435
Osamu Morita Clo&cco 1 Oct 2016 Other 6636435
Tsuchiya Masahiro Director 1 Apr 2017 Other 6784159
Eriko Kawai Director 1 Jun 2017 Other 6826952
Yoichiro Iwama Director 1 May 2018 Other 6957846
Toshiro Izumi Director 1 Aug 2018 Other 7001823
Mari Yamauchi Director 1 Aug 2018 Other 7001825
Yutaka Nishida Director 1 Aug 2018 Other 6034505
Takeshi Kawai Chief compliance officer of investment 1 Dec 2018 Other 7051207
Kiyotaka Ryu Acting chief risk management officer 1 Dec 2018 Other 7051206
Takumi Shibata Director 1 Apr 2019 Other 870697
Hideo Abe Representative director, president and co-ceo 1 Apr 2019 Other 1007821
Junichi Sayato Representative director, executive chairman and co-ceo 1 Apr 2019 Other 6528352
Kiyotaka Ryu Chief risk management officer 1 Apr 2019 Other 7051206
Hiroki Tsujimura Executive vice president, joint global head of investment and co-chief investment officer 1 May 2019 Other 2302926
Yu Ming Wang Joint global head of investment and co-chief investment officer 1 May 2019 Other 2695777
Osamu Morita Executive vice president, global head of legal, chief legal officer and chief compliance officer 1 May 2019 Other 6636435
Maho Nakada Senior corporate managing director 1 May 2019 Other 7116734
Kunihiro Asai Senior corporate managing director 1 May 2019 Other 7116736
Yuji Oyagi Executive vice president 1 May 2019 Other 2255271
Stefanie Drews Senior corporate managing director 1 May 2019 Other 7117812
Hitoshi Miyoshi Director 1 Jun 2019 Other 7146565
Shinya Tago Director 1 Jun 2019 Other 7146566
Mihoko Sogabe Director 1 Jun 2019 Other 7146567
Hiroki Tsujimura Executive vice president, global head of investment and chief investment officer 1 Jun 2019 Other 2302926
Yu Ming Wang Senior executive investment advisor 1 Jun 2019 Other 2695777
Inc. Sumitomo Mitsui Trust Holdings Shareholder 1 Jul 2019 75% - 100% foreign entity

Indirect Owners

The SEC currently registers 13 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nikko Principal Investments Japan Ltd Shareholder 1 Mar 2004 25% - 50% foreign entity
Inc. Nam Holdings Shareholder 1 Mar 2004 25% - 50% foreign entity
Citigroup Inc. Shareholder 1 Feb 2007 75% - 100% xx-xxxxxxx
Citigroup Japan Investments Ltd Shareholder 1 May 2007 75% - 100% xx-xxxxxxx
Citigroup Inc. Shareholder 1 May 2007 75% - 100% xx-xxxxxxx
Citigroup Japan Holdings Yk Shareholder 1 May 2007 75% - 100% xx-xxxxxxx
Citigroup Inc. Shareholder 1 Aug 2007 75% - 100% 52-1568099
Citigroup Japan Holdings Yk Shareholder 1 Aug 2007 75% - 100% foreign entity
Citigroup Japan Holdings Ltd Shareholder 1 Aug 2007 50% - 75% foreign entity
Inc. Nikko Citi Holdings Shareholder 1 May 2008 75% - 100% foreign entity
Inc. Nikko Citi Holdings Shareholder 1 Jun 2009 75% - 100% foreign entity
Sumitomo Mitsui Trust Holdings Inc. Shareholder 1 Apr 2011 75% - 100% foreign entity
Sumitomo Mitsui Trust Holdings Inc. Shareholder 1 Apr 2012 75% - 100% foreign entity

Based in Tokyo

The principal office where Nikko Asset Management Co Ltd performs its advisory services is located at Midtown Tower, 9 7 1 Akasaka, Tokyo, 107 6242, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 81-3-6447-6000 or by fax 81-3-6447-6001. The normal business hours are 08:40-17:10 on Monday - Friday. You can find more information about the New York firm at nikkoam.com.

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