Japan Asset Management Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 4.49 Trillion |
Market Size (2029) | USD 5.49 Trillion |
CAGR (2024 - 2029) | 4.12 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Japan Asset Management Market Analysis
The Japan Asset Management Market size in terms of assets under management value is expected to grow from USD 4.49 trillion in 2024 to USD 5.49 trillion by 2029, at a CAGR of 4.12% during the forecast period (2024-2029).
The asset management market in Japan is a significant component of the country's financial sector. It plays a crucial role in managing the wealth of individuals, corporations, and institutions across the nation.
The Japanese asset management industry is characterized by a diverse range of products and services, including mutual funds, pension funds, and various investment vehicles. The market has been evolving in response to changing economic conditions, demographic shifts, and regulatory reforms.
Despite challenges such as an aging population and low interest rates, the Japanese asset management industry continues to attract both domestic and international players. The industry is adapting to new technologies and investment strategies to meet the evolving needs of investors in the world's third-largest economy.
Japan Asset Management Market Trends
ESG Integration Reshaping Japan's Asset Management Landscape
The asset management industry in Japan is experiencing a significant shift toward incorporating environmental, social, and governance (ESG) factors in investment decision-making. Asset managers are increasingly integrating ESG criteria into their investment processes, evaluating factors such as climate change, corporate governance, and social responsibility when selecting investments. This trend is driven by growing investor demand for socially responsible investment options and regulatory initiatives promoting ESG integration in the financial sector. Consequently, asset managers in Japan are developing new ESG-focused investment products and strategies to meet this demand and address the growing interest in sustainable investing.
Rise in Asset Management Companies in Japan
The asset management industry in Japan has seen an increase in service providers due to several factors. Economic growth has led to greater wealth among individuals and institutions, creating a higher demand for professional asset management. Japan's aging population has intensified the need for retirement planning and wealth management services as retirees seek to effectively manage their savings and investments. Additionally, technological advancements in AI, machine learning, and blockchain have made asset management services more accessible and cost-effective, encouraging more companies to enter and expand the industry.
Japan Asset Management Industry Overview
The Japanese asset management industry is fragmented with the presence of many players. Asset management strategy is a systematic method for overseeing a company's assets, encompassing planning, production, maintenance, and acquisition. Asset management aims to enhance profitability and productivity by minimizing downtime and maintenance costs. The key players in the industry include Nikko Asset Management, Daiwa Asset Management, T&D Asset Management, Okasan Asset Management, and Nomura Asset Management.
Japan Asset Management Market Leaders
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Nikko Asset Management
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Daiwa Asset Management
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T & D Asset Management
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Okasan Asset Management
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Nomura Asset Management
*Disclaimer: Major Players sorted in no particular order
Japan Asset Management Market News
- July 2023: Nikko Asset Management and Osmosis (Holdings) Limited announced a non-binding agreement for a strategic partnership. Under this agreement, Nikko AM aims to acquire a minority stake in Osmosis and obtain distribution rights for Osmosis' investment products and strategies.
- March 2022: Allianz Real Estate, a global real estate investment manager, finalized an agreement to purchase a portfolio of high-quality multi-family residential properties in Tokyo for around USD 90 million. This acquisition was made on behalf of the Allianz Real Estate Asia-Pacific Japan Multi-Family Fund.
- March 2022: KKR & Co. announced its acquisition of Japanese real estate asset manager Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR) for JPY 230 billion (USD 1.94 billion). This move was expected to strengthen the US private equity firm's footprint in Japan. The acquisition involved KKR purchasing MC-UBSR from Mitsubishi Corp. (8058.T) and UBS Asset Management.
Japan Asset Management Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Aging Population Led to a Growing Demand for Retirement Planning and Wealth Management Services
4.2.2 Growing Demand for Investment Products and Services
4.3 Market Restraints
4.3.1 The Country's Low Interest Rate Environment
4.3.2 Japan's Shrinking Population and Stagnant Economic
4.4 Market Opportunities
4.4.1 Digital Transformation of the Asset Management Industry
4.5 Insights on the Impact of Technology and Innovation in Operation in Asset Management
4.6 Insights on the Performance of Asset Managers in Japan
4.7 Industry Policies and Government Regulations on the Asset Management Industry in Japan
4.8 Industry Attractiveness - Porter's Five Forces Analysis
4.8.1 Bargaining Power of Suppliers
4.8.2 Bargaining Power of Buyers
4.8.3 Threat of New Entrants
4.8.4 Threat of Substitutes
4.8.5 Intensity of Competitive Rivalry
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Client Type
5.1.1 Retail
5.1.2 Pension Fund
5.1.3 Insurance Companies
5.1.4 Banks
5.1.5 Other Institutions
5.2 By Type of Mandate
5.2.1 Investment Funds
5.2.2 Discretionary Mandates
5.3 By Asset Class
5.3.1 Equity
5.3.2 Fixed Income
5.3.3 Cash/Money Market
5.3.4 Other Asset Classes
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Nomura Asset Management
6.2.2 Nikko Asset Management
6.2.3 Daiwa Asset Management
6.2.4 Okasan Asset Management
6.2.5 T&D Asset Management
6.2.6 Meiji Yasuda Asset Management
6.2.7 Schroder Investment Management
6.2.8 Aberdeen Standard Investment Limited
6.2.9 Norinchukin Zenkyoren Asset Management
6.2.10 Nissay Asset Management Corporation*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Japan Asset Management Industry Segmentation
Asset management refers to the professional management of investments on behalf of individuals, institutions, or other entities.
The asset management industry in Japan is segmented by client type, type of mandate, and asset class. By client type, the market is segmented into retail, pension funds, insurance companies, banks, and other institutions (mutual funds). By type of mandate, the market is segmented into investment funds and discretionary mandates. By asset class, the market is segmented into equity, fixed income, cash/money market, and other asset classes (alternative investment). The report offers market sizes and forecasts in terms of value (USD) for all the above segments.
By Client Type | |
Retail | |
Pension Fund | |
Insurance Companies | |
Banks | |
Other Institutions |
By Type of Mandate | |
Investment Funds | |
Discretionary Mandates |
By Asset Class | |
Equity | |
Fixed Income | |
Cash/Money Market | |
Other Asset Classes |
Japan Asset Management Market Research FAQs
How big is the Japan Asset Management Market?
The Japan Asset Management Market size is expected to reach USD 4.49 trillion in 2024 and grow at a CAGR of 4.12% to reach USD 5.49 trillion by 2029.
What is the current Japan Asset Management Market size?
In 2024, the Japan Asset Management Market size is expected to reach USD 4.49 trillion.
Who are the key players in Japan Asset Management Market?
Nikko Asset Management, Daiwa Asset Management, T & D Asset Management, Okasan Asset Management and Nomura Asset Management are the major companies operating in the Japan Asset Management Market.
What years does this Japan Asset Management Market cover, and what was the market size in 2023?
In 2023, the Japan Asset Management Market size was estimated at USD 4.31 trillion. The report covers the Japan Asset Management Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Japan Asset Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Asset Management Industry Report
Statistics for the 2024 Japan Asset Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Asset Management analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.