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Japanese broker that accepts foreign clients

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  • Japanese broker that accepts foreign clients

    Anyone know a japanese broker that accepts non-resident foreign clients?


    Thank you!

  • #2
    Originally posted by NCLKG View Post
    Anyone know a japanese broker that accepts non-resident foreign clients?


    Thank you!
    For what? You can easily set up gakkushihoken at Japan Post... but I would refrain from any domestic investments for obvious reasons...

    Comment


    • #3
      Originally posted by IparryU View Post
      For what? You can easily set up gakkushihoken at Japan Post... but I would refrain from any domestic investments for obvious reasons...

      Thank you for answering my thread.

      For have my shares registered directly in my name on the issuer company book. All the non-japanese brokers I know register the shares in their name and put the clients as beneficial owners (street name).

      And what is gakkushihoken?

      Comment


      • #4
        Originally posted by NCLKG View Post
        Thank you for answering my thread.

        For have my shares registered directly in my name on the issuer company book. All the non-japanese brokers I know register the shares in their name and put the clients as beneficial owners (street name).

        And what is gakkushihoken?
        Public or private shares? There are portfolio bonds and/or trusts where you can have public shares as one of the underlying assets, but that does not apply to private.

        gakkushihoken is a POS monthly savings you can set up with the Japan Post... I have one for each of my sons. The first time around my wife didn't explain to me what it was, I heard "gakku" and "hoken" so I thought it was some type of insurance for school... stupid me. Second policy was done behind my back, I told my wife that it is a crap Japanese product and you cannot even find out the current value, change bank details with out jumping through loops of fire, and it is in my name (a gaijin) and what happens when/if Japan goes down hill? Nada...
        /rant

        So depending on if your shares are public or private would make a big difference.

        Comment


        • #5
          Originally posted by IparryU View Post
          Public or private shares? There are portfolio bonds and/or trusts where you can have public shares as one of the underlying assets, but that does not apply to private.

          gakkushihoken is a POS monthly savings you can set up with the Japan Post... I have one for each of my sons. The first time around my wife didn't explain to me what it was, I heard "gakku" and "hoken" so I thought it was some type of insurance for school... stupid me. Second policy was done behind my back, I told my wife that it is a crap Japanese product and you cannot even find out the current value, change bank details with out jumping through loops of fire, and it is in my name (a gaijin) and what happens when/if Japan goes down hill? Nada...
          /rant

          So depending on if your shares are public or private would make a big difference.
          Public shares, I think.

          Actually I do not understand much of the stock market, I just bought the shares because I love the company (Nintendo).

          And I just wanted to have my name recorded in the company books in order to have voting rights, receive annual reports, etc. But it's been difficult... =/

          I'm thinking of hiring a lawyer in Japan to help me... XD

          Comment


          • #6
            Originally posted by NCLKG View Post
            Public shares, I think.

            Actually I do not understand much of the stock market, I just bought the shares because I love the company (Nintendo).

            And I just wanted to have my name recorded in the company books in order to have voting rights, receive annual reports, etc. But it's been difficult... =/

            I'm thinking of hiring a lawyer in Japan to help me... XD
            Hey kid,

            You seem like a nice guy, so let me fill you in on a little secret: shareholder voting rights in Japan ain't worth $hit.

            If you want to read Nintendo's annual reports, here you go: http://www.nintendo.com/corp/annual_report.jsp

            I'd say that investing in Japanese stocks is like walking into a casino, but in a casino you sometimes win.

            Fiscally,
            A.

            Comment


            • #7
              Originally posted by Agitator View Post
              Hey kid,

              You seem like a nice guy, so let me fill you in on a little secret: shareholder voting rights in Japan ain't worth $hit.

              If you want to read Nintendo's annual reports, here you go: http://www.nintendo.com/corp/annual_report.jsp

              I'd say that investing in Japanese stocks is like walking into a casino, but in a casino you sometimes win.

              Fiscally,
              A.
              Yes, but my thing here is more about passion than reason...

              I know it's stupid, but there are people that bought for reasons even weirder than mine:


              http://andriasang.com/comwp7/nintend...older_meeting/

              I own stock, but I don't own a single Nintendo product. I believe games are a waste of time. By the way, the reason I own Nintendo stock is because the name is nice, it's in Kyoto and it was listed in the year of my birth."
              :P
              Last edited by NCLKG; 2012-06-06, 04:51 PM.

              Comment


              • #8
                Originally posted by Agitator View Post
                Hey kid,

                You seem like a nice guy, so let me fill you in on a little secret: shareholder voting rights in Japan ain't worth $hit.

                If you want to read Nintendo's annual reports, here you go: http://www.nintendo.com/corp/annual_report.jsp

                I'd say that investing in Japanese stocks is like walking into a pachinko, where you never win.

                Fiscally,
                A.
                FTFY

                Right on. My wife already got us into 2 Japan related investments... don't want to get surprised with a third... might go postal on the ... Japan Post guy for selling that POS.

                Comment


                • #9
                  Another shooting star.

                  You obviously don't know anything about investing.

                  Comment


                  • #10
                    Nintendo faces end of era after 3DS flop
                    http://www.reuters.com/article/2011/...78C0PF20110913

                    (Reuters) - Nintendo's attempt to rescue its failed 3DS handheld games gadget failed to dispel market gloom, triggering a 5 percent share slide and stoking deep worries for an iconic brand desperate to win back users.
                    Have a read here before you start wasting your money.

                    Comment


                    • #11
                      Originally posted by Genkii View Post
                      Another shooting star.

                      You obviously don't know anything about investing.
                      Yes, I don't know. :P


                      Originally posted by Genkii View Post
                      Nintendo faces end of era after 3DS flop
                      http://www.reuters.com/article/2011/...78C0PF20110913



                      Have a read here before you start wasting your money.
                      I already started.

                      I bought the shares (the 100 minimum) for 11,600 Yens per share last year, and since then it has only fallen. It closed at 9,120 Yens yesterday.

                      But what can I do? It's stronger than me, I love the company... And for now this is the only way to be involved with it. :P

                      Comment


                      • #12
                        click-sec

                        Here's something that I bookmarked once--and have never used and know nothing about:

                        https://www.click-sec.com/

                        Comment


                        • #13
                          Originally posted by johnnyG View Post
                          Here's something that I bookmarked once--and have never used and know nothing about:

                          https://www.click-sec.com/

                          Thank you.

                          But by what I understood with the help of the translator I need to be living in Japan to open an account.


                          https://www.click-sec.com/corp/kouza.../kijun.html#01


                          日本国内にお住まいであること

                          Comment


                          • #14
                            or these:

                            http://www.site-by-site.com/adr/asia/adr_jp.htm

                            Comment


                            • #15
                              Originally posted by johnnyG View Post
                              This seems to be about American Depositary Receipts.

                              I bought a Nintendo ADR just for have the physical certificate. As Nintendo's ADR are not sponsored by the company, it does not grants rights to shareholders, so it don't solves my problem too.

                              I think I'll really need a lawyer or something like that, my case is complicated. XD
                              Last edited by NCLKG; 2012-06-12, 04:55 AM.

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