Daisenhinomaru Account Types

　　Daisenhinomaru Securities Co., Ltd. offers various account types to cater to the diverse needs of investors. The main account types available are:

• General Account (一般口座):
• This is the least regulated type of account, providing access to a broad range of investment products. However, investors are responsible for all tax calculations and declarations related to capital gains.
• Designated Account (特定口座):
• A more regulated account that automates tax calculations. There are two sub-types:
• No-Withholding Account (源泉徴収なし): The brokerage calculates annual taxable gains/losses and provides a transaction report, but the account-holder must declare gains and pay taxes.
• Withholding Account (源泉徴収あり): The brokerage calculates gains/losses and withholds taxes at the time of each taxable event, relieving the account-holder from declaring income on their tax return.

　　

Daisenhinomaru Broker Account Opening Process

　　To open an account with Daisenhinomaru, follow these steps:

• Visit a Daisenhinomaru Branch:
• Go to the nearest branch to initiate the account opening process.
• Meet with a Representative:
• A dedicated representative will assist you throughout the process.
• Provide Required Documents:
• You will need to submit:
• A personal seal (common in Japan for official documents).
• Bank account details.
• Personal identification documents (e.g., passport or driver's license).
• Submission and Review:
• The provided documents will be submitted for review, which typically takes a few days.
• Account Confirmation:
• Once the review is complete and the account is successfully opened, you will receive confirmation.
• Trading Instructions:
• After confirmation, you will receive instructions on how to proceed with trading, which can be done via phone, in-person visit, or counter service at the branch.