Corporate Profile
Overview
| Company Name | PayPay Asset Management Corporation |
|---|---|
| President and Representative Director | Daigo Akemaru |
| Date of Establishment | 12 May, 2004 |
| Headquarters Location | Kandabashi-Yasuda Building 8th Floor, 1-1 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo 101-0054, Japan |
| Major Shareholders | Z Financial Corporation 76.6％ Asset Management One Co., Ltd. 23.4％ |
| Registered Businesses | Financial Instruments Business i) Type II Financial Instruments Business ii) Investment Management Business iii) Investment Advisory and Agency Business |
| Number of Directors & Employees | 47(as of 1 April,2024) |
| Capital | 95 million yen |
| Registered Number | Financial Instruments Firms No.387, the Director General of the Kanto Local Finance Bureau |
| Memberships | A) The Investment Trusts Association, Japan B) Japan Investment Advisers Association C) Type Ⅱ Financial Instruments Firms Association |
Board of Directors
| President and Representative Director | Daigo Akemaru |
|---|---|
| Director | Tomoharu Ohtsuka Yasuteru Gunji Yuji Hirai Shingo Ogasawara |
| Auditor | Hiroyuki Matsumoto |
Assets under management
- The above figures represent approximate values, and are rounded to the nearest unit.
- Assets under management includes assets that are subject to advice based
on an investment advisory contract.
Also, in cases where assets under a discretionary investment management contract are placed in an investment trust which was established or is operated by the Company, the balance of the relevant assets under a discretionary investment management contract are not included.
History
Astmax Asset Management, Inc. was organized as a result of absorption-type merger between Astmax Investment Management, Inc. (founded in 2004) and its succeeding subsidiary, ITC Investment Partners Corporation (founded in 2004), which was then renamed to Astmax Asset Management, Inc. on 1 April 2013. Milestone of ITC Investment Partners Corporation as surviving company of the merger is as follows:
| May 2004 | Established |
|---|---|
| Aug 2004 | Registered as a Securities Investment Advisory Firm |
| Jan 2007 | Licensed as a Settlor Company of Investment Trust |
| Sep 2007 | Registered as Financial Instruments Firm as the enforcement of Financial Instruments and Exchange Act |
| Dec 2007 | Capital and business alliance with ITOCHU Corporation (38% owned by ITOCHU Corp.) |
| Dec 2008 | Acquired by ITOCHU Corporation (98% owned by ITOCHU Corp.) |
| May 2009 | Started management of commodity futures trading on Investment Trust with FSA approval |
| Dec 2012 | Acquired by ASTMAX Co., Ltd. (99% owned by ASTMAX) |
| Apr 2013 | ITC Investment Partners merged with Astmax Asset Management
Ltd.; the new entity was named Astmax Asset Management, Inc. |
| Oct 2016 | Capital and business alliance with Yahoo! Japan Ltd. (33.4% owned by Yahoo! Japan) |
| Dec 2016 | Launched PayPay Investment Trust AI Plus (formerly Yjam Plus!) as first fund of PayPay Investment Trust Series (formerly Yjam Investment Trust Series) |
| Apr 2019 | Acquired by Yahoo Japan Corporation (50.1% owned by Yahoo! Japan) |
| Mar 2021 | Business name changed to PayPay Asset Management Corporation |
| Apr 2021 | Due to the organizational change of the Z Holdings Group, PayPay Asset Management Corporation will become a subsidiary of Z Financial Corporation (50.1％ owned by Z Financial Corporation) |
| Aug 2022 | Capital and business alliance with Asset Management One Co., Ltd. (49.9% owned by Asset Management One) |
Organization Chart
