Nikko Asset Management Co Ltd (Tokyo)

Name: Nikko Asset Management Co Ltd
Address: Midtown Tower, 9 7 1 Akasaka, Tokyo, 107 6242
Telephone: 81-3-6447-6000

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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. 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.