SHIZUGIN TM-Some Important Points about This Broker

General Information & Regulation

SHIZUGIN TM SECURITIES CO.,LTD. was established in December 2000. As a securities subsidiary of Shizuoka Bank Group, the company also provides asset management services in cooperation with banks. The company is authorized and regulated by the Japan Securities Dealers Association, and its financial instrument operator number is Tokai Finance Bureau Director (Financial Instruments) No. 10. In addition, SHIZUGIN TM is regulated by the Financial Services Agency of Japan (FSA) under license number 4080001005788.

Market Instruments

SHIZUGIN TM offers investors a range of financial instruments, including investment trusts, domestic/foreign stocks, ETFs/REITs, and bonds.

About NISA Account

NISA is a tax-free system for small investments introduced in 2014, with three main categories: NISA, Tsumitate NISA and Junior NISA. The maximum purchase amount is 1.2 million yen per year, and the tax-free period is five years. It should be noted that only one NISA account can be opened per person. Generally, only newly purchased listed stocks and stock investment trusts from a NISA account are eligible for tax-free investment, and currently held stocks and stock investment trusts cannot be transferred to a NISA account.

Commissions

SHIZUGIN TM charges clients when products and various services are provided as needed during the trading process. In the case of domestic stocks, for example, the trading route can be divided into business office processing and online processing. In the former, the commission to be paid for contract prices under 1 million yen is 1.210% of the contract price (1.10% excluding tax) [minimum fee of 2,750 yen (2,500 yen excluding tax)]. The latter is a flat fee of 1,650 yen (1,500 yen excluding tax) for less than 1,000,000 yen. In addition, commissions for foreign stock transactions include local commissions and domestic brokerage commissions.

Deposit & Withdrawal

As a securities subsidiary of the Shizuoka Bank Group, SHIZUGIN TM will set up a unique transfer account number at Shizuoka Bank when the client opens an account. Clients are required to transfer funds to the designated account at the time of deposit. Regarding the transfer fee, the deposit is borne by the client and the withdrawal fee is borne by the company. Generally, SHIZUGIN TM will only transfer funds to customers by bank transfer (wire transfer).

Risks & Fees

Each product carries the risk of loss due to price fluctuations, etc. In the case of investment trusts, for example, they may encounter price fluctuation risk, interest rate fluctuation risk, stock price fluctuation risk, and issuer credit risk, etc. As for the fees to be borne by clients, they include both direct and indirect costs. The application fee is capped at 3.3% (including tax) and the trust fee is capped at 2.42% (including tax).

Trading Hours

The order service hours provided by SHIZUGIN TM to clients vary by product. For domestic stocks, for example, online order taking hours are from 0:00 to 2:00 and 6:00 to 15:00 on weekdays, and same day orders are supported. In case of holidays, the order time will be postponed to the next business day, and the online order taking time will be from 0:00 to 2:00 and 6:00 to 24:00. It should be noted that foreign stocks do not accept online orders, and clients need to go to the business office for processing.

Electronic delivery service

SHIZUGIN TM has an electronic delivery service for clients, which allows a client to view his/her online transaction reports at any time via PC or smartphone. Electronic documents will be kept for 5 years after issuance. There is no usage fee or other charges for this service, and clients can request to use it on demand. However, communication costs and others will be borne by the client.