Nomura Holdings
#1202
Rank
$15.75B
Marketcap
Japan
Country
Mr. Kentaro Okuda (Pres, Group CEO & Director)
Mr. Takumi Kitamura (Exec. Officer, CFO & Investor Relations)
Mr. Tomoyuki Teraguchi (Deputy Pres, Representative Exec. Officer & Director)
Summary
History
Origins
The history of Nomura began on December 25, 1925, when Nomura Securities Co., Ltd. was established in Osaka, as a spin-off from Securities Dept. of Osaka Nomura Bank Co., Ltd . NSC initially focused on the bond market. It was named after its founder Tokushichi Nomura II, a wealthy Japanese businessman and investor. 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 conglomerates, 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.
Lehman Brothers Acquisition
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 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, with Josh Tokley appointed Head of UK Investments. Following his subsequent suspension, Tokley was replaced by Michael Coombs.
Nomura paid $225 million for the purchase of Lehman's Asia-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 in mid-September 2011.
Ethics
In September 2011, it was announced that Trent Martin was hired as a Vice President, Sales. In December 2012, Martin faced an extradition request in Hong Kong from the U.S. for alleged insider-trading, securities fraud, and conspiracy to commit securities fraud. The extradition request was not contested.
Greentech Acquisition
In December 2019, Nomura announced that it would acquire Greentech Capital Advisors, a boutique investment bank with stated aims of assisting clients across sustainable technology and infrastructure. The transaction is expected to close on March 31, 2020.Greentech will be rebranded to "Nomura Greentech" and will form part of their Investment Banking franchise in the U.S.
Mission
Vision
Key Team
Mr. Sotaro Kato (Exec. Officer & Chief Risk Officer)
Mr. Toshiyasu Iiyama (Exec. Officer of Public Policy & Reg. Engagement, Head of China Committee and Chief Health Officer)
Mr. Toru Otsuka (Exec. Officer & Chief Strategy Officer)
Mr. Yoshihiro Namura (Sr. MD & Head of Investment Management)
Mr. Gareth Nicholson (Exec. Director, Chief Investment Officer & Head of Discretionary Portfolio Management)
Mr. Masahiro Goto (Sr. MD & Global Head of Investment Banking)
Mr. Patrick Eltridge (Sr. MD & Group Chief Information Officer)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Nomura_Holdings
https://in.investing.com/equities/nomura-holdings,-inc.
https://finance.yahoo.com/quote/NMR/profile?p=NMR
https://www.comparably.com/companies/nomura-holdings/mission
https://www.crunchbase.com/organization/nomura
https://sec.report/CIK/0001163653
Mr. Kentaro Okuda (Pres, Group CEO & Director)
Mr. Takumi Kitamura (Exec. Officer, CFO & Investor Relations)
Mr. Tomoyuki Teraguchi (Deputy Pres, Representative Exec. Officer & Director)