Subsidiary | |
Industry |
Financial Services Financial Management Consulting |
Founded | December 25, 1925Osaka, Japan) | (
Headquarters | Nihonbashi, Chuo, Tokyo, Japan |
Area served
|
Worldwide |
Key people
|
Koji Nagai (Group CEO) Nobuyuki Koga (Chairman) |
Products |
Financial Services Securities Services |
Parent | Nomura Holdings |
Website | Nomura Securities |
Nomura Securities Co., Ltd. (野村證券株式会社 Nomura Shōken Kabushiki-gaisha, NSC) is a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the Group's core business. Nomura is a financial services group and global investment bank. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. It operates through five business divisions: retail (in Japan), global markets, investment banking, merchant banking, and asset management.
Established December 25, 1925 in Osaka, it is the oldest brokerage firm in Japan. It is named after its founder Tokushichi Nomura II, a wealthy Japanese stockbroking tycoon. Boasting the largest shares in all business divisions within the Japanese market and undisputed as the top leading securities firm in Japan, the company is nicknamed "Gulliver". Nomura Securities operates in Asia. In the USA it is known as Nomura Securities International and in EMEA it is Nomura International plc.
Nomura was founded by Tokushichi Nomura, father of Nomura Securities founder Tokushichi Nomura II as a money changing business. This was just before the Meiji Restoration, the move to setting up a bank was a logical extension and progression of this business as times changed. Changes included the founding of stock exchanges in Tokyo and Osaka as the country became industrialised. Key amongst these changes was the Japanese government's decision to issue foreign currency denominated public bonds to fund the Russo-Japanese war; Nomura employed English speaking staff so that they could take on this international business.
By 1906 Nomura had founded an in-house research department headed up by former Osaka newspaper journalist Kisaku Hashimoto. This was responsible for publishing the Osaka Nomura Business News with trading news, stock analysis and current economic trends. Research combined with a substantial newspaper advertising campaign helped raise the profile of Nomura. By 1917, Nomura had gone public and soon after Osaka Nomura Bank (the present day Resona Bank) was set up, within this business there was a securities section to handle bond sales and underwriting.