SAAJ is a not-for-profit organization with membership consisting of three categories as below. Individual and Corporate Members have the right to vote and to stand as a candidate at elections of representatives. Associate Members do not have such rights.
- Individual Members
Individual Members are either CMA® holders or General Members.
CMA® (Chartered Member of the Securities Analysts Association of Japan) holders:
Those who have passed the CMA examinations and have three or more years practical experience in securities analysis, investment management, or a related field.
Officers/employees of Corporate/Associate Members of SAAJ who have three or more years practical experience in securities analysis, investment management, or a related field, or persons who have sufficient professional knowledge and experience in the field of securities analysis and investment management.
Securities companies, investment trust management companies, trust banks, banks, insurance companies, investment advisory companies, and other corporations/organizations deemed qualified by the Board of Directors
- Associate Members
Corporation/bodies and individuals that support/patronize SAAJ's objectives and activities.
|Entrance Fee||Annual Fee||Annual Fee (from April 2011)|
|Corporate||¥50,000||¥50,000 or more||¥100,000 or more|
|Associate||Nil||¥50,000 or more||¥100,000 or more|
|Individual||¥10,000||¥18,000||¥18,000 or ¥12,000*|
Number of Members
- With chartered members (CMA®) as the nucleus, total membership now exceeds 27,000. Members represent the whole investment spectrum, including both sell- and buy-side.
Membership Breakdown as of September, 2016
*including 31 individual members