Disclaimer

Article 1 (Legal Status of the Site)

All information on the Site is provided for general informational purposes only and does not constitute investment advice or recommendations for specific financial products. The Site has the following characteristics:

• It does not constitute professional advice on specific financial products, investments, legal matters, or taxation
• It does not consider individual investment objectives, financial circumstances, investment experience, or risk tolerance
• It is not investment solicitation or advice for specific securities or financial products
• It should not be used as the sole basis for investment decisions
• It does not substitute for the pre-contract disclosure document required under Article 37(3) of Japan's Financial Instruments and Exchange Act

Article 2 (Investment Risks)

Foreign Exchange Margin Trading (FX) Risks

• FX is not a guaranteed-principal or guaranteed-return product
• Leverage may amplify losses beyond the deposited margin (in Japan, retail leverage is capped at 25x)
• Sudden market moves or low liquidity may cause loss-cut to fail or fills to occur at unintended prices
• Swap points fluctuate with interest-rate conditions and can flip from positive to negative
• Weekend / holiday gaps in price can produce unexpected losses

Cryptocurrency Risks

• Cryptocurrencies are not legal tender and have no value guaranteed by a sovereign
• Volatility is extreme; you can lose most or all of your principal in a short time
• Exchange or wallet failures, hacks, or withdrawal halts may cause loss of assets
• Regulatory changes can restrict or prohibit trading
• Memecoins and emerging tokens are particularly risky and may become worthless
• Smart-contract bugs and exploit risks exist
• Tax treatment may change due to revisions of the Payment Services Act or tax law

Emerging-Market Currency Risks

• Emerging-market currencies tend to be more volatile than developed-market currencies
• Political and economic instability can trigger sharp depreciation, currency crises, or sovereign default
• Capital controls may restrict movement of funds
• Low liquidity may prevent execution at desired prices
• For currencies of high-inflation countries, long-term real purchasing power may erode dramatically

Stock / ETF / Mutual-Fund Risks

• Market prices fluctuate with equities, bonds, and FX, and the principal may not be preserved
• Individual-issuer risks (deteriorating earnings, bankruptcy, delisting) can substantially reduce share value
• Mutual funds and ETFs incur trust fees, transaction commissions, and other costs

Article 3 (Accuracy of Information)

While the Site makes every effort to ensure accuracy, please note:

• We do not guarantee the accuracy, completeness, timeliness, or usefulness of information
• Exchange rates, interest rates, and other numerical data are as of publication and subject to change
• Regulations, tax systems, and product specifications may change
• Information may contain errors or omissions
• For information sourced from third parties, those third parties are responsible
• For translated articles, interpretive differences from the original may affect accuracy

Users should verify the latest official information before making decisions. We will correct factual errors promptly when notified.

Article 4 (Principle of Self-Responsibility)

Investment decisions must be made entirely at your own responsibility.

• Even when using Site information as reference, the final decision must be yours
• Before important decisions, consult qualified professionals (financial-instruments business operators, tax accountants, lawyers)
• Carefully consider your financial situation, investment objectives, experience, and risk tolerance
• Read the pre-contract disclosure documents and prospectuses provided by financial institutions
• Invest only surplus funds, not money required for daily living
• Leveraged trading and margin trading are particularly risky and require sufficient experience and understanding

Article 5 (Scope of Disclaimer)

Except where prohibited by law, the Site assumes no responsibility for:

• Losses arising from investment decisions made based on Site information
• Errors, omissions, or delays in information
• Service interruption, suspension, termination, or modification
• Unauthorized acts by third parties
• Content or damages arising from external linked sites
• Force majeure (natural disasters, war, terrorism, legal changes, government actions)
• Any other damages related to use of the Site

Where Japan's Consumer Contract Act or other mandatory provisions apply, some or all disclaimers may not apply to the extent required by law.

Article 6 (External Links)

The Site contains links to third-party websites:

• The Site is not responsible for the content, accuracy, or safety of linked sites
• Links do not constitute endorsement or guarantee of external services
• When using linked services, please review their terms and privacy policies
• We cannot guarantee the continued availability or functionality of external links

Article 7 (Advertising and Affiliates)

The Site participates in advertising and affiliate programs:

• When you use services through links on the Site, we may receive referral fees
• Affiliate compensation does not influence article content or evaluations
• Advertisements are provided by advertisers under their own responsibility; the Site is not responsible for ad content
• Affiliate links and advertisements carry explicit disclosures such as "Ad," "PR," or "Contains affiliate links" (in compliance with Japan's Act against Unjustifiable Premiums and Misleading Representations and the stealth-marketing guidance)

Article 8 (Intellectual Property)

Copyright and other intellectual-property rights in Site content (text, images, logos, designs, programs) belong to the Site or its rightful owners.

• Unauthorized reproduction, modification, distribution, or commercial use is prohibited
• Quotation is permitted in compliance with Article 32 of Japan's Copyright Act, with proper attribution and clear secondary use
• If using MoneyGlobe articles as AI training data, please credit the source

Article 9 (Service Changes)

The Site may change, suspend, or terminate services without prior notice. The Site is not responsible for any damages resulting from such actions.

Article 10 (Severability)

If any provision of this disclaimer is held invalid or unenforceable, other provisions remain valid.

Article 11 (Governing Law and Jurisdiction)

This disclaimer is governed by and construed in accordance with the laws of Japan.

Any disputes arising in connection with the Site shall be subject to the exclusive jurisdiction of the Tokyo District Court as the court of first instance.

Article 12 (Contact)

For inquiries regarding this disclaimer: