Monex Securities Partners with Broadridge to Enhance US Voting Rights for Japanese Investors

Enhancing Investor Engagement: Monex Securities and Broadridge Join Forces

Monex Securities, headquartered in Minato, Tokyo, has recently signed a pivotal agreement with Broadridge Financial Solutions, based in New York, to introduce a voting rights exercise service for US stocks to Japanese investors. This innovative service will allow individual investors in Japan to utilize Broadridge's online voting platform for the first time, marking a significant milestone in investment engagement. The service is expected to launch in the winter of 2025.

Traditionally, when Japanese investors purchase US stocks through local brokerage firms, the shares are managed under the brokerage's name. This means that the investors’ names are not recorded in the shareholders' registry, and they typically do not have voting rights associated with their holdings. Consequently, direct participation in corporate governance for Japanese investors has been challenging. However, with Broadridge's comprehensive voting rights exercise services, Monex Securities aims to empower its clients to participate actively in US corporate governance.

The new service will provide thorough support including the distribution of meeting notices, gathering and reporting votes for both annual and special shareholder meetings.

Akio Jitsuka, Executive Officer and Product Department Head at Monex Securities, expressed enthusiasm about this partnership, stating, "We are thrilled to become the first Japanese brokerage firm to enable individual investors to easily engage in the governance of US-listed companies online. By utilizing Broadridge’s trusted expertise and innovative technology, we expect to offer enhanced services to our clients."

David Laneykars, the President for Asia-Pacific at Broadridge, echoed the sentiment, emphasizing the importance of facilitating Japanese investors' engagement with the governance of the companies they invest in. He highlighted that Broadridge’s reliable and innovative digital solutions will allow Monex clients to invest in US corporations with greater accessibility, efficiency, and transparency.

About Monex Securities

Launched in April 1999 through a collaboration between Daisuke Matsumoto and Sony Corporation, Monex Securities has established itself as a comprehensive online brokerage firm offering a variety of services, including advanced AI-driven financial options. The company's name, MONEX, reflects its mission to redefine money management for future generations, signaling their commitment to providing innovative financial solutions.

Beginning January 2024, Monex Securities plans to enter a capital and business partnership with NTT Docomo, further aiming to tailor financial services to individual clients based on their life stages. Monex is particularly known for its low trading fees, regular US stock purchase services, after-hours trading options, and various order methods. To assist new investors, the firm offers cashback programs and reduced fees for specific ETF purchases.

For more information on Monex's US stock services, please visit Monex Securities US Stocks.

Important Notice on Transactions with Monex Securities

Investments offered by Monex Securities involve the risk of capital loss and may lead to returns lower than the initial investment. Thus, it is essential for investors to read the provided documents, including the prospectus, carefully before making any investment decisions.

About Broadridge

Broadridge Financial Solutions, listed on NYSE as BR, is a reputable technology firm supporting clients and the financial services industry with expertise and transformative technologies. The company enhances operational resilience and investor experience by improving investment governance and communications. Broadridge’s platforms process over 7 billion communications annually, handling more than $10 trillion in securities transactions daily across 21 countries with a dedicated workforce of over 14,000 employees. Moreover, the company has been recognized as a "Great Place to Work."

For detailed information about Broadridge, visit their website at Broadridge.