To select the members for Institutional Investor’s 2020 Japan’s Top Corporate Access Providers, we invited participants in the 2021 All-Japan Research Team and 2021 All-Japan Executive Team Surveys to provide feedback on the firms that provided the best corporate access, both overall and on a number of attributes.

From the 2020 All-Japan Research Team survey, representing the buy-side point of view, we received responses from 169 investors at 106 firms. This group rated sell-side firms on a scale from 1 to 5 for the overall corporate access they provided in eight countries/regions: Japan, Australia/New Zealand, China, Europe, Hong Kong, North America, Singapore and South Korea.

Each vote was weighted by the voting firm’s Japanese commission range and the rating awarded to create the rankings. Additionally, a second result was created using the assets under management, rather than commissions, as the weighting.

The Corporate Access Leaders table, based on the buy-side voter’s survey, was calculated by adding together a firm’s overall corporate access scores within each region to produce a table of the top ten firms.

From the 2021 All-Japan Executive Team survey, representing the corporate point of view, 61 corporates ranked their top four sell-side firms on the following attributes: Investor introductions; Site visits; Conferences; Non-deal road shows; and Feedback. Each attribute score was based on the rating given to the firm.

The Corporate Access Leaders Table based on the corporate response was calculated by adding together a firm’s attribute scores to produce a table of the top ten firms.

The names of those surveyed are kept confidential to ensure their continuing cooperation. Voters are required to meet eligibility requirements, and all ballots are subject to review by II’s Research Operations Group. Results are also subject to inspection by an independent auditor.