After registering in the investment advisory business under the Financial Instruments and Exchange Act in 2008, we have provided investment advisory services with domestic and overseas investment managers as direct customers.
In 2020, we were additionally registered as an investment management business for qualified investors.
In the investment advisory business, we advise customers on investment decisions for financial instruments such as securities based on investment advisory (advice) contracts concluded with customers. Customers make their own investment decisions. (Financial Instruments and Exchange Law, Article 2, Paragraph 8, Item 11)
In the investment management business, we enter into a discretionary investment contract and make investments on behalf of our clients, entrusted with the authority necessary to make investment decisions and make investments associated with the management of investment assets. We analyze information and make investment decisions. (Financial Instruments and Exchange Act, Article 2, Paragraph 8, Item 12 (b))
Currently, we do not have investment management contracts or investment advisory (advice) contracts with general investors (investors who are not specified investors under the Financial Instruments and Exchange Act).