Sparx Asset Management Co., Ltd. (Tokyo)

Name: Sparx Asset Management Co., Ltd.
Address: Shinagawa Season Terrace 6 Th Floor,, Tokyo, 108 0075
Telephone: 813-6711-9200

Sparx Asset Management Co., Ltd. is a large advisory firm based in Tokyo. It manages $8.54 billion of regulatory assets for 87 client accounts. It has been registered with the SEC as an adviser since 2005.

Sparx Asset Management Co. provides 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 doesn't engage in other business activities.

Sparx Asset Management Co.: assets under management

The assets under management (AUM) of Sparx Asset Management Co., Ltd. is $8.54 billion. The firm's AUM has grown by 8% since the beginning of its operation, and $7.44 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.32 billion in discretionary accounts and $217.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $43.6 million.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sparx Asset Management Co., Ltd. for their services and products based on a percentage of assets under management 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 Tadahiro Fujimura serves?

The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Tadahiro Fujimura is pooled investment vehicles with 67 clients and $6.08 billion of assets under management. Among the 12 most similar advisory firms, Sparx Asset Management Co. has the 6th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $7.51 billion for 81 clients. 94% of the firm’s clients are foreign persons or businesses.

Sparx Asset Management Co. doesn't advise any private funds.

Careers at Sparx Asset Management Co., Ltd.

The company employs 114 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Tadahiro Fujimura has been acting as President since 1 Jun 2010. Shinji Naito joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Shuhei Abe	Ceo	1 Jul 1989	50% - 75%	1030957
Toshikatsu Kimura	Senior fund manager	1 Jan 1992	Other	1770634
Ltd. Sparx Group Co.	Sole shareholder	1 Jul 1994	75% - 100%	foreign
Takeshi Suzuki	Manager	1 May 1999	Other	4995799
Kenzo Kosuda	Director of corporate administration	1 Jun 1999	Other	4995795
Shoichi Miyasaka	Senior manager	1 Jan 2001	Other	2661950
Jun Kawazu	Head trader	1 Nov 2001	Other	4727170
Masaki Taniguchi	Manager	1 Feb 2002	Other	4995798
Jitsuo Tatsuno	Chief operations officer	1 Jul 2003	Other	1372569
James William Cox	Group general counsel	1 Jan 2005	Other	4591662
Yogo Kimura	Board member	1 Jun 2005	Other	4995802
Kenji Nishiyama	Chief compliance officer	1 Jun 2005	Other	4995800
Tadashi Yanai	Board member	1 Jun 2005	Other	4995801
Toshifumi Taguchi	Board member	1 Jun 2005	Other	441939
Ltd. Sparx Group Co.	Sole shareholder	1 Apr 2006	75% - 100%	foreign
Shigeru Tamaki	Director	1 Oct 2006	Other	5359232
Shinji Naito	Senior managing director; head trader	1 Feb 2007	Other	5359228
Mikiro Shimizu	Senior managing director	1 Apr 2007	Other	4595474
Akihito Akashi	Chief compliance officer	1 Apr 2007	Other	5359235
Masatoshi Fukami	Director	1 Apr 2008	Other	5546124
Mikio Fujii	Director	1 Apr 2008	Other	1372560
Shuhei Abe	Chairman, representative director, chief investment officer	1 Dec 2008	50% - 75%	1030957
Hironobu Goto	President, representative director	1 Dec 2008	Other	5632558
Masaki Taniguchai	President, representative director	1 Jun 2009	Other	5685987
Tadahiro Fujimura	Director	1 Jun 2010	Other	5833601
Masatoshi Fukami	Director	1 Jul 2010	Other	5546124
Shuhei Abe	Chairman, president and chief executive officer	1 Apr 2011	Other	1030957
Mikio Fujii	Executive deputy president, representative director, and chief compliance officer	1 Apr 2011	Other	1372560
Masaki Taniguchai	Director	1 Apr 2011	Other	5685987
Mikiro Shimizu	Director	1 Feb 2014	Other	4705203
Shinji Naito	Director	1 Feb 2014	Other	5359228
Hiroshi Minematsu	Director	1 Feb 2014	Other	6350107
Masatoshi Fukami	Director	1 Dec 2015	Other	5546124
Yusuke Inoue	Chief compliance officer	1 Dec 2015	Other	6976251
Masatoshi Fukami	Representative director	1 Jun 2017	Other	5546124
Shinji Naito	Director	1 Mar 2018	Other	5359228
Hiroshi Minematsu	Director	1 Mar 2018	Other	6350107

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Shuhei Abe	Shareholder	1 Jun 1989	50% - 75%	1030957

Based in Tokyo

The principal office where Sparx Asset Management Co., Ltd. performs its advisory services is located at Shinagawa Season Terrace 6 Th Floor,, Tokyo, 108 0075, 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 813-6711-9200 or by fax 813-6711-9201. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at sparx.co.jp.