To select the members for Institutional Investor’s 2019 Japan’s Top Corporate Access Providers, we invited participants in the 2019 All-Japan Research Team and 2019 All-Japan Executive Team surveys to rank (1st - 4th) firms that provided the best corporate access based on five attributes.
From the 2019 All-Japan Research Team survey, representing the buy-side point of view, we received responses from more than 620 investors at 322 firms. This group voted for sell-side firms in 26 industry sectors, as well as two overall Large-cap and Small/Midcap sectors. The five attributes ranked were: Conferences, logistics, non-deal road shows, one-on-one meetings, and reverse road shows. Each attribute score was based on the asset size of the voting institution and the place awarded to the firm.
From the 2019 All-Japan Executive Team survey, representing the corporate point of view, 60 corporates voted for sell-side firms and third-party providers. The five attributes ranked were: conferences, logistics, non-deal road shows, feedback between corporates and investors, and shareholder targeting. Each attribute score was based on the place awarded to the firm.
The Corporate Access Leaders table, based on the buy-side voter’s survey, was calculated by adding together a firm’s overall attribute scores within each industry sector, comprising firms that ranked first, second, and third.
The Corporate Access Leaders table, based on the corporates’ responses, tabulated each firm’s overall attribute scores to produce a table comprised 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.