Membership

SAAJ is a public interest incorporated association with membership consisting of the following categories.

Membership

Membership Categories

Individual Members

CMA(Certified Member Analyst of the Securities Analysts Association of Japan) holders:
Those who have passed the CMA examinations and who have (a) three or more years of practical work experience in securities analysis, investment management, or related fields or (b) sufficient professional knowledge and experience in the same fields as in (a).

Affiliate Members:
(a) Officers/employees of Corporate/Corporate Supporting Members of SAAJ who have three or more years of practical work experience in securities analysis, investment management, or other related fields or (b) persons who have sufficient professional knowledge and experience in the same fields as in (a). The recommendations of three members of SAAJ are required to apply for the Affiliate Membership.

Individual Supporting Members:
Individuals who support SAAJ's objectives and activities.

Corporate Members

Corporate Members:
Securities companies, investment trust management companies, trust banks, banks, insurance companies, investment advisory companies, and other similar corporations/organizations.

Corporate Supporting Members:
Corporations and organizations that support SAAJ's objectives and activities.

Membership Fees

Entrance Fee

  • CMA, Affiliate: ¥10,000
  • Individual Supporting: Nil
  • Corporate: ¥50,000
  • Corporate Supporting: Nil

Annual Fee

  • CMA, Affiliate: ¥18,000 or ¥12,000*
  • Individual Supporting: ¥18,000 or ¥12,000*
  • Corporate: ¥100,000 or more
  • Corporate Supporting: ¥100,000 or more

(* 65 years old or more)

Number of Members (as of March 2022)

Individual Members

  • CMA: 27,802
  • Affiliate Members: 69
  • Individual Supporting Members: 27

Corporate Members

  • Corporate Members: 195
  • Corporate Supporting Members: 123
Programs
Professional Career Development
Ethics and Standards
Advocacy
About SAAJ

The Securities Analysts Association of Japan (SAAJ) is a member of ACIIA (The Association of Certified International Investment Analysts) and ASIF (Asian Securities and Investments Federation).
"CMA", "日本証券アナリスト協会認定アナリスト", and "Certified Member Analyst of the Securities Analysts Association of Japan" are registered trademarks owned by the Securities Analysts Association of Japan.

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