Holding Company (Public) |
|
Traded as | : OSE: 8604 : 8604 SGX: N33 : NMR |
Industry |
Financial Services Financial Management Consulting |
Founded | Osaka, Japan (December 25, 1925 ) |
Headquarters | 1-9-1, Nihonbashi, Chuo, Tokyo, Japan |
Area served
|
Worldwide |
Key people
|
Koji Nagai (Group CEO) Nobuyuki Koga (Chairman) |
Products |
Financial Services Securities Services Retail banking Investment Management Investment Banking Asset management |
Revenue | ¥1,385 billion (FY 2010) |
¥1,130 billion(FY 2010) | |
¥28.661 billion(FY 2010) | |
AUM | ¥24,743 billion(FY 2010) |
Total assets | ¥36,693 billion(FY 2010) |
Total equity | ¥2,091 billion (FY 2010) |
Subsidiaries |
Nomura Securities Co., Ltd. Nomura Asset Management Co., Ltd. The Nomura Trust & Banking Co., Ltd. |
Website | www.nomura.com |
Nomura Holdings, Inc. (野村ホールディングス株式会社) is a Japanese financial holding company, and a principal member of the Nomura Group. It, along with its broker-dealer, banking and other financial services subsidiaries, provides investment, financing and related services to individual, institutional and government customers on a global basis with an emphasis on securities businesses. Michael Coombs is the head investment banker.
In October 2008, the company acquired Lehman Brothers Holdings's investment banking and equities unit in Asia and Europe and kept on most of its employees. Nomura paid $225 million for the purchase of Lehman's Asian-Pacific unit. Due to large losses with shares dropping to their lowest level in nearly 37 years, Nomura cut around 5 percent of its staff in Europe (as many as 500 people) in mid-September 2011.
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 of Japanese 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.
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. Instinet Incorporated was acquired in February 2007.