Reason for this visit

Recently, investors have called to ask for more exposure of Japanese licensees whose actual addresses are inconsistent with the regulatory addresses. Based on the feedback from investors and the work plan of the survey team, the survey staff are going to visit Phillip Securities, a licensed dealer in Japan, to learn more about the actual situation.

On-site visit

Regulatory information shows that the address of Phillip Securities Japan's licensed company is 4-2, Nihonbashidoucho, Chuo-ku, Tokyo (東京都中央区日本橋兜町4-2), and the investigators conducted a field visit to this location.

Phillip Securities Japan’s office building is located between Kayabacho Station and Nihonbashi Station, next to the Tokyo Stock Exchange. The building is regarded as one of the 100 best modern buildings in Japan. It was built in 1935 and has a magnificent appearance. The surrounding area is also an office area, with securities companies and many businessmen on both sides, so the environment is very quiet. Their signs can be seen at the main entrance of the building, and the entire office building can be used independently. However, the investigators were denied access to the company, so they did not enter the company for shooting.

Conclusion

The investigators went to visit the dealer Phillip Securities in Tokyo, Japan as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer has a real business place. Unfortunately, the investigators failed to enter the company for internal visit and were only able to take pictures at the entrance of the building for confirmation, so the specific scale of the business remains unknown. Investors are asked to make a sensible choice after careful consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.