In a survey conducted in 2023, 7.6 percent of private investors aged 40 to 49 in Japan reported using robo-advisory services. Respondents aged 70 years and older were the most hesitant to use robo-advisors, with 47 percent stating they did not want to use the FinTech service.
Usage of robo-advisory services among individual investors in Japan as of July 2023, by age group
among individual investors holding stocks, investment trusts, and/or public bonds
Method of interview
Online survey
Supplementary notes
Age distribution of the sample: 20 to 39 years: n=877 40 to 49 years: n=939 50 to 59 years: n=779 60 to 64 years: n=681 65 to 69 years: n=487 70 years or older: n=1,237
Values may not add up to 100 percent due to rounding by the source.
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Japan Securities Dealers Association. (December 1, 2023). Usage of robo-advisory services among individual investors in Japan as of July 2023, by age group [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1375922/japan-private-investors-robo-advisory-usage-by-age/
Japan Securities Dealers Association. "Usage of robo-advisory services among individual investors in Japan as of July 2023, by age group." Chart. December 1, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1375922/japan-private-investors-robo-advisory-usage-by-age/
Japan Securities Dealers Association. (2023). Usage of robo-advisory services among individual investors in Japan as of July 2023, by age group. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1375922/japan-private-investors-robo-advisory-usage-by-age/
Japan Securities Dealers Association. "Usage of Robo-advisory Services among Individual Investors in Japan as of July 2023, by Age Group." Statista, Statista Inc., 1 Dec 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1375922/japan-private-investors-robo-advisory-usage-by-age/
Japan Securities Dealers Association, Usage of robo-advisory services among individual investors in Japan as of July 2023, by age group Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1375922/japan-private-investors-robo-advisory-usage-by-age/ (last visited November 10, 2024)
Usage of robo-advisory services among individual investors in Japan as of July 2023, by age group [Graph], Japan Securities Dealers Association, December 1, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1375922/japan-private-investors-robo-advisory-usage-by-age/
