Japan: robo-advisory usage among private investors by age 2023

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

Characteristic	Already use it	Want to use it	Do not want to use it	Do not know
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

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Release date

December 2023

More information

Region

Japan

Survey time period

July 12 to 15, 2023

Number of respondents

5,000 respondents

Age group

20 years and older

Special properties

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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