Morgan Stanley Japan Securities Co., Ltd. has won second place in an annual survey that asked 81 companies and their employees to measure workplace satisfaction.

The survey conducted by the Great Place to Work Institute Japan randomly asked 400 Morgan Stanley employees to offer their opinions in five key areas: respect, fairness, pride, camaraderie and management credibility.

Eighty-three percent of the employees in Japan said Morgan Stanley was a great place to work, and 86 percent of those surveyed said they were proud to work at the Firm.

This is the fourth time the Firm has won awards from the Institute. Last year, the Firm came in No. 1, and took second place and third place in 2007 and 2008, respectively.

The annual survey is the most comprehensive and thorough of its kind. Approximately two-thirds of the final score is based on employee responses and one-third on the company's information on workplace culture and employment policies.

The list was published in Japan's leading business magazine, Nikkei Business.