{
  "crd_number": 290585,
  "slug": "t-rowe-price-japan-inc-tokyo-290585",
  "primary_business_name": "T. ROWE PRICE JAPAN, INC.",
  "legal_name": "T. ROWE PRICE JAPAN, INC.",
  "dbas": [],
  "city": "Tokyo",
  "state": null,
  "country": "Japan",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-03-20",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-01",
  "carried_forward": false,
  "raum_total": 24069747852.0,
  "raum_discretionary": 24069747852.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 80,
  "advisory_employees": 29,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 0.0,
      "count": 0
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 104278058.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 1672456031.0,
      "count": 3
    },
    "pension_profit_sharing": {
      "raum": 7619402873.0,
      "count": 32
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 0.0,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 14008791924.0,
      "count": 38
    },
    "corporations_other_businesses": {
      "raum": 58346538.0,
      "count": null,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 606472428.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MD"
  ],
  "websites": [
    "https://troweprice.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/290585",
  "city_as_filed": "TOKYO",
  "url": "https://advisorcensus.com/firm/t-rowe-price-japan-inc-tokyo-290585",
  "display_name": "T. Rowe Price Japan, Inc.",
  "summary": "T. Rowe Price Japan, Inc. is an SEC-registered investment advisory firm in Tokyo, Japan, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.",
  "citation": "AdvisorCensus. T. Rowe Price Japan, Inc. (CRD 290585): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is T. Rowe Price Japan, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), T. Rowe Price Japan, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is T. Rowe Price Japan, Inc. located?",
      "a": "T. Rowe Price Japan, Inc.'s principal office is in Tokyo, Japan, according to its Form ADV."
    },
    {
      "q": "Is T. Rowe Price Japan, Inc. registered with the SEC or a state?",
      "a": "T. Rowe Price Japan, Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 290585."
    },
    {
      "q": "How much does T. Rowe Price Japan, Inc. manage?",
      "a": "T. Rowe Price Japan, Inc. reports $24,069,747,852 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have T. Rowe Price Japan, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for T. Rowe Price Japan, Inc.: Regulatory assets under management: $19,083,570,736 in the October 2021 data and $24,069,747,852 in the October 2026 data, up 26%. Total employees: 56 in October 2021 and 80 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does T. Rowe Price Japan, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (38); pension and profit sharing plans (but not the plan participants or government pension plans) (32); investment companies (3)."
    },
    {
      "q": "Which custodians does T. Rowe Price Japan, Inc. use?",
      "a": "T. Rowe Price Japan, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Chase and State Street Bank & Trust Co as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does T. Rowe Price Japan, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/290585"
    },
    {
      "q": "What changed in T. Rowe Price Japan, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $29,897,260,206 to $24,069,747,852 (-19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 19083570736.0,
      "total_employees": 56,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 23693324369.0,
      "total_employees": 75,
      "filing_date": "2022-09-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 18221690774.0,
      "total_employees": 71,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 19811455573.0,
      "total_employees": 80,
      "filing_date": "2024-07-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 29897260206.0,
      "total_employees": 83,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 24069747852.0,
      "total_employees": 80,
      "filing_date": "2026-07-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $29,897,260,206 to $24,069,747,852 (-19%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "JP Morgan Chase",
      "name_as_filed": "JP MORGAN CHASE",
      "affiliated": false
    },
    {
      "name": "State Street Bank & Trust Co",
      "name_as_filed": "STATE STREET BANK & TRUST CO",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/t-rowe-price-japan-inc-tokyo-290585.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 1672456031.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 38,
      "fewer_than_5": false,
      "raum": 14008791924.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 32,
      "fewer_than_5": false,
      "raum": 7619402873.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 104278058.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 606472428.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 58346538.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/290585",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}