Japanese Financial Services Agency (JFSA) announced that the authority updated a list of unregistered companies that are not allowed to operate financial services in the country. The companies on the list received a warning letter from JFSA. With the latest update on 8th, April, 4 unregistered firms were added as they allegedly conducted investment advisory and soliciting clients via internet or sent letter saying they offered financial products which need regulatory licenses.

You can find the full list from below link of JFSA website:

http://www.fsa.go.jp/ordinary/chuui/mutouroku/01.pdf