Clients
T. Rowe Price Japan serves 73 clients, 38 of them pooled investment vehicles. The average client has about $330 million with the firm.
- Investment companies3 clients7%
- Pooled investment vehicles38 clients58%
- Pension and profit-sharing plans32 clients32%
- Sovereign wealth funds and foreign official institutions3%
- OtherState or municipal government entities, Corporations and other businesses1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 3 | $1,672,456,031 | 6.9% | $557.5M |
| Pooled investment vehicles | 38 | $14,008,791,924 | 58.2% | $368.7M |
| Pension and profit-sharing plans | 32 | $7,619,402,873 | 31.7% | $238.1M |
| State or municipal government entities | Not reported | $104,278,058 | 0.4% | — |
| Sovereign wealth funds and foreign official institutions | Not reported | $606,472,428 | 2.5% | — |
| Corporations and other businesses | Not reported | $58,346,538 | 0.2% | — |
| Total | 73 | $24,069,747,852 | 100% | $329.7M |
- Clients
- 3
- Regulatory AUM
- $1,672,456,031
- Share
- 6.9%
- Avg. per client
- $557.5M
- Clients
- 38
- Regulatory AUM
- $14,008,791,924
- Share
- 58.2%
- Avg. per client
- $368.7M
- Clients
- 32
- Regulatory AUM
- $7,619,402,873
- Share
- 31.7%
- Avg. per client
- $238.1M
- Clients
- Not reported
- Regulatory AUM
- $104,278,058
- Share
- 0.4%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $606,472,428
- Share
- 2.5%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $58,346,538
- Share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 73
- Regulatory AUM
- $24,069,747,852
- Share
- 100%
- Avg. per client
- $329.7M
What it does
T. Rowe Price Japan provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
T. Rowe Price Japan advises no private funds.
100.0% of assets ($24.07B across 79 accounts) are managed with discretion. 90% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks75%
- Funds1%
- Bonds5%
- High-yield corporate bonds3%
- U.S. government and agency bonds1%
- Sovereign bonds1%
- Cash8%
- Other9%
- Securities that could not be captured in the designated asset types based on our system configuration7%
- Derivatives2%
Filed values cover 98%. The neutral 2% gap has no reported category.
Custodians
T. Rowe Price Japan’s client accounts are held mainly at State Street Bank & Trust, with 25% of managed assets, and J.P. Morgan, with 5%. T. Rowe Price Japan has custody of client assets.
- State Street Bank & TrustState Street Bank & Trust Co · Tokyo · $6.10B25%
- J.P. MorganJP Morgan Chase · Tokyo · $1.31B5%
- All other custodians$16.66B69%
Ownership and leadership
T. Rowe Price International LTD owns 75% or more of T. Rowe Price Japan.
- Owns 75% or more of T. Rowe Price Japan, Inc.
T. Rowe Price International LTD
Control person · since April 2018
- Owns 75% or more of T. Rowe Price International LTD
T. Rowe Price Associates, Inc.
Control person · since April 2018
- Owns 75% or more of T. Rowe Price Associates, Inc.
T. Rowe Price Group, Inc.
Control person · since April 2018
Leadership
- Sik ChaoChief Compliance Officer
- Phillipe AyralDirector
- Elsie ChanDirector
- Kuniaki DoiDirector
- Naoyuki HondaDirector
- Yasuo MiyajimaDirector
- David OestreicherChief Legal Counsel
- Kiyoko TakagiDirector
- Hiroshi WatanabeDirector
Staff
- 80 employees
- 29 in advisory functions
Fees
T. Rowe Price Japan is paid through a percentage of assets under management and performance-based fees.
T. Rowe Price Japan’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, T. Rowe Price Japan has 0 offices, with 1 listed address with no US state reported.
Registration details
- Legal name
- T. Rowe Price Japan, Inc.
- Headquarters
- 9-2 Marunouchi 1-Chome, Chiyoda-Ku, Tokyo, Japan 100-6610
- Phone
- 81367583800
- Website
- www.troweprice.com
- SEC file
- 801-112671
- Structure
- corporation organized in Japan
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does T. Rowe Price Japan have?
T. Rowe Price Japan has 73 clients and manages $24.1 billion for them, as of July 2026. They include 38 pooled investment vehicles, 32 pension and profit-sharing plans and 3 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does T. Rowe Price Japan offer?
T. Rowe Price Japan provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does T. Rowe Price Japan use?
T. Rowe Price Japan’s separately managed account assets are held at State Street Bank & Trust Co (Tokyo), with $6,097,544,409 and JP Morgan Chase (Tokyo), with $1,310,542,688. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026
How many financial advisors does T. Rowe Price Japan have?
T. Rowe Price Japan has 0 investment adviser representatives registered with state securities authorities, out of 80 employees, and 29 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does T. Rowe Price Japan invest in?
At the end of its last fiscal year, T. Rowe Price Japan’s separately managed accounts held 75% exchange-traded equities, 8% cash and equivalents, 7% securities that could not be captured in the designated asset types based on our system configuration, 3% high-yield corporate bonds, 2% derivatives, 1% U.S. government and agency bonds, 1% sovereign bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns T. Rowe Price Japan?
T. Rowe Price Japan is owned through a chain of holding companies by T. Rowe Price Group, Inc. Its direct owner is T. Rowe Price International LTD (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does T. Rowe Price Japan get paid?
T. Rowe Price Japan is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file