Nomura AM Releases "Investor Insights 2025 - Survey on Defined Contribution Pensions -"

Nomura Asset Management Co., Ltd. (CEO and President: Hiroyasu Koike, hereinafter "the Company") has released the results of the "Investor Insights 2025 - Survey on Defined Contribution Pensions -" conducted by our Asset Management Research Center. This survey was conducted through questionnaires regarding understanding and intention to use systems such as corporate defined contribution plans and individual defined contribution plans (iDeCo), selection of investment products, asset management status, and continuous investment education. The outline of the survey is as follows:

【Survey Target】 An internet survey was conducted from January 9th to 13th, 2026, targeting 8,774 individuals aged 20 to 69.

【Key Survey Findings】 ■ Awareness of defined contribution pension systems has improved compared to the previous 2024 survey, and current participants have a high intention to continue using the system. ■ Regarding the asset allocation ratio of investment products, the ratio of principal-guaranteed products (deposits, insurance) among all DC participants is around 15%. "Products to be selected in the future" are often index funds such as "Global Equity Funds". ■ Satisfaction with DC plans has increased compared to the 2024 survey. ■ Many people "want to receive investment education in the future," with high demand for content such as tax benefits, basic system details, characteristics of financial products, and methods of receiving benefits.

For details on the survey methods and results, please refer to the Asset Management Research Center website (https://www.nomura-am.co.jp/amrc/). Results from past Investor Insights (awareness surveys) are also posted on this page.

The Asset Management Research Center aims to contribute to the sound development of the asset management industry in Japan and globally through research and studies, utilizing the knowledge, experience, and global network in asset management that the Company has accumulated over more than 60 years. As a Japanese asset management company operating on a global stage, the Company will continue to provide competitive products and services to investors to further contribute to our clients.

End of Release

【Notice from Nomura Asset Management】 https://www.nomura-am.co.jp/risk_cost.html

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