Do I have to be aware of wash sale rules in Japan?

[Jansen]

Basically, I would like to sell 1.2m yen worth of, for example, Google stock from my standard brokerage account, and re-buy the same amount from my NISA account. Is there anything I should be aware of?

I am not intending to switch one ETF for another similar fund. I'm very specifically selling stocks of company A/B/C/D and rebuying the same stocks again in my NISA account.

[TokyoWart]

Basically, I would like to sell 1.2m yen worth of, for example, Google stock from my standard brokerage account, and re-buy the same amount from my NISA account. Is there anything I should be aware of?

I am not intending to switch one ETF for another similar fund. I'm very specifically selling stocks of company A/B/C/D and rebuying the same stocks again in my NISA account.

I once asked my Nomura broker about this and they said that what you are describing is not a problem in Japan but "wash sale" has a different meaning here. They then went into a complicated explanation about "wash sales" meaning doing multiple trades in and out of a position to influence its price based I think on this understanding of "Wash sale" in Japan as meaning a form of market manipulation;

"Making trades without intending to affect a transfer of rights (wash sales), or conspiring with others on certain trades (collusive trading) with the purpose of misleading other investors regarding the overall trading environment, such as leading them to believe that trading is active."

https://www.jpx.co.jp/english/regulatio ... index.html