Japan Securities

What Japan Securities does

Japan Securities Co., Ltd is a Vietnamese securities company founded in 2008 and headquartered in Hanoi under Japanese ownership. It operates under a securities business license issued by the State Securities Commission of Vietnam, is a member of the Vietnam Securities Depository and Clearing Corporation (VSDC), and is connected to the country's three trading venues: the Ho Chi Minh Stock Exchange (HSX), the Hanoi Stock Exchange (HNX), and UPCoM. The firm runs a multi-line securities platform that includes retail and institutional brokerage, proprietary trading, securities depository, M&A advisory, cash management, advance-payment services, and the distribution of third-party open-end funds such as those from MB Capital and Bao Viet Fund. Customers are primarily Vietnamese retail investors, with corporate and institutional clients served through the advisory and depository lines.

The company's technology stack centers on the JSI One mobile application, launched in November 2025, which integrates online account opening via eKYC, two-factor authentication through Smart OTP and Matrix Card physical tokens, and direct order routing to the underlying exchanges. In May 2025 JSI migrated its core trading and clearing infrastructure to the new KRX system deployed by the Vietnamese exchanges, bringing its order management and clearing connectivity onto the same modernized stack used across the market. Authentication, onboarding, and trade execution are routed through these channels rather than through branch-based workflows.

Japan Securities generates revenue through commissions on brokerage transactions, proprietary trading P&L, fees on depository and custody services, advisory retainers on M&A mandates, and distribution trails on third-party funds. No revenue figures, AUM, or transaction-volume data are publicly disclosed. The firm is led by Japanese management with prior experience in Japan, the United States, Hong Kong, and Singapore, and operates from a single Hanoi office without disclosed satellite branches, subsidiaries, or affiliated entities.

Name

Japan Securities

Legal name

Japan Securities Co., Ltd.

Website

https://japan-sec.vn

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Japan Securities Co., Ltd is a Vietnamese securities firm licensed by the SSC, providing brokerage, proprietary trading, M&A advisory, custody, and third-party fund distribution to Vietnamese retail and institutional investors, founded in 2008 under Japanese ownership.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro industry

PRIMARYBPAHAOAL

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYFSAEAAAN

Private Client/High-Net-Worth Advisory

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Investment Advisory & Financial Planning

SECONDARYFSACAIAC

Securities Borrowing & Lending (Equities/Bonds)

Financial & Insurance/Capital Markets & Securities/Securities Lending & Financing (Repo/SLB)

Keywords

• Securities brokerage
• Investment advisory
• Proprietary trading
• Securities depository
• M&A advisory

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Securities Brokerage and Investment Advisory: Commissions from securities brokerage and investment consulting services for stocks, bonds, derivatives, and other financial instruments on the Vietnamese market (HSX, HNX, UpCoM). The company provides professional brokerage services with Japanese-quality standards.
2. Proprietary Securities Trading: JSI executes proprietary trading in stocks, bonds, commodities, derivatives, and other financial instruments.
3. M&A Advisory: Advisory services for mergers and acquisitions of enterprises, leveraging a team of experienced Japanese experts familiar with international market practices.
4. Securities Depository Services: Custody and depository services for securities including stocks, fund certificates, covered warrants, and corporate bonds, charged on a per-unit per-month basis.
5. Open-End Fund Distribution: Distribution of open-end fund certificates from MB Capital (MBVF, MBBOND) and Bao Viet Fund Management (BVBF, BVPF, BVFED), earning distribution fees.
6. Advance Payment on Securities Sales: Cash advance service to clients immediately after order matching, providing fast capital access. Revenue generated from interest on advances.
7. Research and Analysis Services: Daily market reports in Japanese, bespoke research reports, and corporate access services for institutional and individual investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

Japan Securities Co., Ltd (JSI) provides securities brokerage and investment advisory on the Vietnamese stock exchanges (HSX, HNX, UpCoM), proprietary trading in stocks, bonds, derivatives, and commodities, M&A advisory, securities depository services, cash management for investor deposits, distribution of open-end fund certificates from MB Capital and Bao Viet Fund Management, and advance payment on securities sales. The company also delivers research services including daily market reports in Japanese and Vietnamese and bespoke research, distributed via a physical trading counter in Hanoi, a web-based online trading platform, and the JSI One mobile application.

Product overview

Japan Securities Co., Ltd (JSI) is a Japanese-owned securities company operating in Vietnam, providing a comprehensive suite of securities services. The core offering consists of securities brokerage and proprietary trading, complemented by depository and cash management services. The company distributes open-end funds from MB Capital and Bao Viet Fund Management, offers M&A advisory with Japanese management expertise, and provides research services including daily market updates and bespoke reports. Financial services include advance payment on securities sales. Technology offerings comprise online trading via website and JSI One mobile application with eKYC, supporting HSX, HNX, and UPCOM exchanges on the KRX trading system. The company connects to VSDC for clearing/settlement and partners with BIDV, Maritimebank, and VIB for cash services.

Differentiator

Problem solved

Functional benefit

Brands

• JSI One: Mobile trading application for securities transactions with features including eKYC account opening, order placement, real-time market data, portfolio management, and fund deposit/withdrawal functions.

Products and services

• Securities Brokerage and Investment Advisory

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• MB Capital Investment FundcoreChannel Partner/ Reseller/ DistributorJSI serves as a distributor of open-end fund certificates from MB Capital Investment Fund, distributing MBVF (MB Capital Value Fund) and MBBOND funds to Vietnamese investors. JSI provides fund NAV information and facilitates fund certificate transactions.
• Bao Viet Fund Management Company (BVF)coreChannel Partner/ Reseller/ DistributorJSI is a distributor of open-end funds managed by Bao Viet Fund Management Company, including BVBF, BVPF, and BVFED funds. JSI distributes fund certificates and communicates fund NAV updates, AGM notices, fee changes, and prospectus amendments to its clients.
• Vietnam Securities Depository and Clearing Corporation (VSDC)coreTechnology or IntegrationJSI is a member of VSDC, using its depository and clearing infrastructure for securities custody, clearing and settlement of securities transactions, transfer of rights, and exercise of rights for clients.
• Ho Chi Minh Stock Exchange (HSX)coreTechnology or IntegrationJSI is a licensed securities company operating on the Ho Chi Minh Stock Exchange (HSX), providing trading access to listed stocks, derivatives, and other securities on the HSX.
• Hanoi Stock Exchange (HNX)coreTechnology or IntegrationJSI is a licensed securities company operating on the Hanoi Stock Exchange (HNX), providing trading access to securities listed on the HNX and UpCoM platform.
• BIDV (Bank for Investment and Development of Vietnam)minorChannel Partner/ Reseller/ DistributorJSI partners with BIDV for cash deposit and transfer services. Clients can deposit/transfer money at BIDV transaction offices nationwide. JSI's general account was previously held at BIDV, and the bank underwent a core banking system migration affecting client account numbers in 2024-2025.
• Maritimebank (Vietnam Maritime Commercial Joint Stock Bank)minorChannel Partner/ Reseller/ DistributorJSI previously maintained a general account at Maritimebank for cash management services. In May 2024, JSI closed its general account at Maritimebank, consolidating banking partnerships.
• VIB (Vietnam International Bank)minorChannel Partner/ Reseller/ DistributorJSI partners with VIB for cash deposit services, allowing clients to deposit money at VIB transaction offices nationwide.
• State Securities Commission of Vietnam (SSC)coreOthersJSI is a licensed and regulated securities company under the supervision of the State Securities Commission of Vietnam (SSC). SSC regulates and supervises JSI's operations in the Vietnamese securities market.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Mirae Asset Securities (Vietnam): Foreign-affiliated (Korean) securities company operating in Vietnam offering brokerage, investment advisory, and proprietary trading. Comparable to JSI as a foreign-owned, full-service broker leveraging international expertise in the Vietnamese market.
• MB Securities (MBS): Vietnamese securities firm affiliated with MB Bank group, offering brokerage and fund distribution services. Comparable to JSI in fund distribution partnerships (MB Capital is a fund management partner of both organizations).
• VNDirect Securities: Leading Vietnamese online-first securities brokerage with a strong digital platform serving retail investors. Directly competes with JSI in online trading, custody, and fund distribution, and is a key benchmark for retail digitization strategy.
• VietCapital Securities (VCSC): Mid-tier Vietnamese securities firm providing brokerage, investment banking, and asset management. Comparable to JSI in product breadth, particularly M&A advisory and investment banking services for the Vietnamese market.
• SSI Securities Corporation: Vietnam's largest securities brokerage, offering full-service retail brokerage, proprietary trading, investment banking, and asset management. Directly comparable to JSI across product lines but at substantially greater scale and market share.
• KIS Vietnam Securities: Foreign-affiliated (Korean) Vietnamese securities broker providing retail brokerage and investment advisory services. Comparable to JSI's foreign-owned brokerage model serving Vietnamese retail and institutional clients.
• Saigon-Hanoi Securities (SHS): Mid-tier Vietnamese securities company providing retail brokerage, investment advisory, and proprietary trading. Comparable to JSI in serving Vietnamese individual investors across HSX, HNX, and UpCOM.
• Ho Chi Minh City Securities Corporation (HSC): One of Vietnam's largest full-service securities firms providing brokerage, investment advisory, and proprietary trading. Comparable to JSI's core product suite and customer base of Vietnamese individual and institutional investors.
• ACB Securities (ACBS): Bank-affiliated Vietnamese securities firm providing brokerage and investment advisory services. Comparable to JSI in retail brokerage, custody, and integrated cash management offerings tied to a banking partner.

Emerging players

• Yuanta Securities Vietnam: Foreign-affiliated (Taiwanese) Vietnamese securities firm offering brokerage and investment advisory. Comparable to JSI as another Asian-affiliated broker operating within Vietnam's SSC-regulated framework.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Japan Securities