0 Views

Nomura Holdings, Inc. history, profile and history video

Nomura Holdings, Inc. engages in the provision of investment and financial services. It operates through the following segments: Retail, Asset Management, Wholesale, and Others. The Retail segment includes investment consultation services, distribution of trust certificates, and management of insurance agencies. The Asset Management segment offers portfolio and investment trust management, and provides investment advisory services for pension funds. The Wholesale segment consists of global markets and investment banking. It includes the sale and trading of bonds, stocks, foreign exchange, and derivatives, and the underwriting of debt, equity, and other financial instruments. The Others segment comprises of hedging transactions, corporate items, and investments in equity securities. The company was founded by Tokushichi Nomura on December 25, 1925, and is headquartered in Tokyo, Japan.

Nomura Holdings History

Origins to 2001

The history of Nomura begins on December 25, 1925, when the Nomura Securities Co., Ltd. (NSC) was established in Osaka, as a spin-off from Securities Dept. of Osaka Nomura Bank Co., Ltd (the present day Resona Bank). NSC initially focused on the bond market. It was named after its founder Tokushichi Nomura II, a wealthy Japanese stockbroking tycoon. He had earlier established Osaka Nomura bank in 1918, based on the Mitsui zaibatsu model with a capital of ¥10 million. Like the majority ofJapanese conglomerate, or zaibatsu, its origins were in Osaka, but today operates out of Tokyo. NSC gained the authority to trade stock in 1938, and went public in 1961.

2001 to present

On October 1, 2001 Nomura adopt a holding company structure and Nomura Holdings, Inc. was established. Nomura made most of its profits in the Japanese retail banking market, but has expanded its international investment banking capabilities. InstinetIncorporated was acquired in February 2007.

In October 2008, Nomura acquired most of Lehman Brothers Asian operations together with its European equities and investment banking units to make one of the world’s largest independent investment banks with Y20,300bn (£138bn) assets under management. In April 2009, the global headquarters for investment banking was moved out of Tokyo to London as part of a strategy to move the company’s focus from Japan to global markets.

Nomura sponsors research at Oxford University into mathematical techniques for use in finance including stochastic analysis, option pricing, stochastic optimal control, interest rate modelling and through the Nomura Centre for Mathematical Finance.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “Nomura