How can I purchase a stock in Japan?


Question:
I heard that krispy cream just opened up stores in Japan and getting very hot. How can I purchase a stock in Japan. I have an ETrade account.

Answer:
You post a good question. There are a few ways you can buy/sell japanese stocks.

The first way is to do exactly that and buy or sell a real 'japanese' stock(meaning traded on the Tokyo exchange). Most full service brokerages provide the ability to do this(Merrill, etc). You're going to pay a commission of course and most likely it will be higher then a commission for a U.S. stock order. I think ETrade also provides the ability to do this as well. InteractiveBrokers.com is another firm that allows people to buy stocks traded on other worldwide exchanges. Since you want to buy a japanese stock- you're going to need to know the japanese symbol.

You can also buy an ADR or a ETF of japanese stocks/funds. Those are traded on our exchanges here in the states, but are like a mirror of the security/securities traded on another worldwide exchange. If you do this, be aware that the investment might be illiquid, meaning it might be really hard to sell your investment when you're ready to do that. Good luck.
Krispy Kreme is a company that has had huge accounting problems etc. This company is way past is prime and am sure you can find much better. I dont care if they sell a million doughnuts in Japan. Wont make the stock any good. Krispey Kreme stock symbol. is KKD. It is currently 10.25 a share.

Rob
If you want to invest in crispy creme they are traded on the NYSE which is an american exchang. krispy Kreme will be the same company worldwide so you can just invest in krispy Kreme period by buying some of their shares. their ticker symbol is kkd
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