{ "crd_number": 148239, "slug": "fidelity-management-and-research-japan-limited-minato-ku-tokyo-148239", "primary_business_name": "FIDELITY MANAGEMENT & RESEARCH (JAPAN) LIMITED", "legal_name": "FIDELITY MANAGEMENT & RESEARCH (JAPAN) LIMITED", "dbas": [], "city": "Minato-Ku, Tokyo", "state": null, "country": "Japan", "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2008-09-26", "years_registered": 18, "period": "2026-10-01", "filing_date": "2026-06-29", "carried_forward": false, "raum_total": 2361303759.0, "raum_discretionary": 2361303759.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 12, "advisory_employees": 8, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 2361303759.0, "count": 3 } }, "compensation_types": [ "other", "percentage_of_aum" ], "advisory_activities": [ "other", "portfolio_management_investment_companies" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148239", "disclosure_items": [ { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" } ], "city_as_filed": "MINATO-KU, TOKYO", "url": "https://advisorcensus.com/firm/fidelity-management-and-research-japan-limited-minato-ku-tokyo-148239", "display_name": "Fidelity Management & Research (Japan) Limited", "summary": "Fidelity Management & Research (Japan) Limited is an SEC-registered investment advisory firm in Minato-Ku, Tokyo, Japan, registered since 2008, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.", "citation": "AdvisorCensus. Fidelity Management & Research (Japan) Limited (CRD 148239): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Other" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Other" ], "quick_answers": [ { "q": "How is Fidelity Management & Research (Japan) Limited compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Fidelity Management & Research (Japan) Limited reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Fidelity Management & Research (Japan) Limited located?", "a": "Fidelity Management & Research (Japan) Limited's principal office is in Minato-Ku, Tokyo, Japan, according to its Form ADV." }, { "q": "Is Fidelity Management & Research (Japan) Limited registered with the SEC or a state?", "a": "Fidelity Management & Research (Japan) Limited is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 148239." }, { "q": "How much does Fidelity Management & Research (Japan) Limited manage?", "a": "Fidelity Management & Research (Japan) Limited reports $2,361,303,759 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary)." }, { "q": "How have Fidelity Management & Research (Japan) Limited's assets and staff changed since 2021?", "a": "In the Form ADV data for Fidelity Management & Research (Japan) Limited: Regulatory assets under management: $7,832,587,288 in the October 2021 data and $2,361,303,759 in the October 2026 data, down 70%. Total employees: 15 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Fidelity Management & Research (Japan) Limited serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (3)." }, { "q": "Does Fidelity Management & Research (Japan) Limited report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/148239" }, { "q": "What changed in Fidelity Management & Research (Japan) Limited's recent Form ADV filings?", "a": "In the July 2026 filing data: Employees performing advisory functions went from 9 to 8. Regulatory assets under management went from $2,811,367,460 to $2,361,303,759 (-16%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 7832587288.0, "total_employees": 15, "filing_date": "2021-07-22" }, { "period": "2022-10-01", "regulatory_assets_under_management": 6988147789.0, "total_employees": 13, "filing_date": "2022-07-22" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2942503963.0, "total_employees": 11, "filing_date": "2023-09-08" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2803049875.0, "total_employees": 11, "filing_date": "2024-06-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2811367460.0, "total_employees": 12, "filing_date": "2025-06-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2361303759.0, "total_employees": 12, "filing_date": "2026-06-29" } ], "recent_changes": [ { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Employees performing advisory functions went from 9 to 8.", "Regulatory assets under management went from $2,811,367,460 to $2,361,303,759 (-16%)." ] }, { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/fidelity-management-and-research-japan-limited-minato-ku-tokyo-148239.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 3, "fewer_than_5": false, "raum": 2361303759.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148239", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }