Objectives
The Association engages in the following activities in order to contribute to the development of analytical techniques and professional standards for those engaged in securities analysis and portfolio management:
- Research to develop analytical techniques/skills.
- Education and examination programs for those who are/will be engaged in securities analysis and portfolio management, and the award of the CMA® (Chartered Member of the Securities Analysts Association of Japan) designation to those who achieve a required level of professional competence.
- Promotion of the CIIA® (Certified International Investment Analyst) exams as well as review programs to those who hold the CMA designation.
- The sponsorship of programs such as company presentations, seminars/lectures on securities analysis, etc.
- The collection, publication, and dissemination of pertinent reference materials.
- The exchange of views and information with counterpart associations overseas.
History
The Association was founded on October 15, 1962 supported by securities companies, banks, insurance companies, trust banks, and other related companies soon after two groups of US securities analysts had visited Japan to research Japanese industries and securities markets when Japan was experiencing rapid economic growth.
| Oct 1962 | Tokyo Securities Analysts Association founded. |
|---|---|
| Mar 1963 | First issue of Securities Analysts Journal. |
| Mar 1969 | Reorganized into a nationwide association and name changed to "Securities Analysts Association of Japan". |
| Dec 1969 | Osaka branch opened. |
| Jul 1973 | Status changed to a corporation (approved by the Ministry of Finance). |
| Oct 1977 | First correspondence course for Level I exams introduced. |
| Sep 1980 | Second meeting of Asian Securities Analysts Council in Tokyo. |
| May 1981 | First Level II exams for securities analysts (chartered members first created). |
| Jul 1986 | First SAAJ annual conference held. |
| Jul 1987 | "Standards of Professional Conduct for Securities Analysts" issued. |
| Jan 1989 | First SAAJ-AIMR Joint Seminar. |
| Nov 1990 | New 'Gist of Education and Examination for Securities Analysts' determined. |
| Jun 1992 | Correspondence courses based on new curriculum introduced. |
| Oct 1992 | 30th anniversary ceremony and 14th Asian Securities Analysts Council conference in Tokyo. |
| Jun 1995 | Correspondence courses and exams open to the general public. |
| Sep 1995 | Research analyst-based survey to select companies practicing superior disclosure established. |
| Jun 1999 | Investment Performance Standards issued. |
| Jun 2000 | Certified International Investment Analyst (CIIA®) examination/designation system established. |
| Mar 2001 | First CIIA® examination. |
| Jun 2002 | "Standards of Professional Conduct for Securities Analysts" revised. |
| Apr 2004 | New correspondence course, "Primary Education Program" launched. |
| Oct 2004 | ASAF (Asian Securities Analysts Federation Inc.) Tokyo Conference held. |
| Apr 2005 | New classroom teaching course, "Introduction to Quantitative Analysis" introduced. |
| Apr 2005 | SAAJ – IR Club introduced. |
| Oct 2005 | CMA (Chartered Member of Association, SAAJ) hit 20,000. |
| Jan 2006 | SAAJ Investment Performance Standards (SAAJ-IPS) transformed to the Japanese Translation of the Global Investment Performance Standards (GIPS). |
| Jun 2006 | Correspondence Level I courses based on new curriculum introduced. |
| Aug 2006 | Opened SAAJ membership to foreign CIIA holders. (CIIA portability system introduced.) |
| Jan 2007 | Partial exemption to CMA correspondence course/exam to foreign CIIA holders introduced. |
| Aug 2007 | Correspondence Level II courses based on new curriculum introduced. |
| Dec 2007 | First Private Banking Seminar. |
| Jul 2008 | Special Company Presentations for Individual Investors implemented. |
| Dec 2008 | Medium-term management plan formulated(five years up to 2012). |
| Mar 2009 | 21st SAAJ-CFA Institute/CFAJ Joint Seminar held(discontinued hereafter). The core computer system come into operation. |
| Oct 2009 | SAAJ's online video presentation service started up from the 24th SAAJ Annual Conference. |
