Retail
In Retail, we conduct business activities by delivering a wide range of financial
products and high quality investment services mainly for individuals and corporations
in Japan primarily through a network of nationwide branches of Nomura Securities
Co., Ltd. (“NSC”). The total number of local branches, including
our head office, was 159 as of the end of March 2016. We offer investment consultation
services to meet the medium- to long-term needs of our clients.
We continue to focus on delivering top-quality solutions including our broad
range of products and services through face-to-face meetings, online and call
center channels, so that Nomura Group can sustainably be a trusted partner to
our clients.
Asset Management
We conduct our asset management business, which consists of the development
and management of investment trusts and investment advisory services, primarily
through Nomura Asset Management Co., Ltd (“NAM”). NAM is the largest
asset management company in Japan in terms of assets under management in investment
trusts as of March 31, 2016. In Japan, our challenge is to shift individual
financial assets from saving products into investment products to create business
opportunities. In order to make these opportunities available, NAM manages various
investment trusts, ranging from low risk/low return products to high risk/high
return products, and develops new products to respond to various investor needs.
Investment trusts are distributed to investors through NSC as well as through
financial institutions such as securities companies (including those outside
our group), banks and Japan Post Bank Co., Ltd. Investment trusts are also held
in defined contribution pension plans. We also provide investment advisory services
to public pension funds, private pension funds, governments and their agencies,
central banks and institutional investors globally.
Wholesale
Our Wholesale Division consists of Global Markets and Investment Banking, providing
our corporate and institutional clients with timely, high value-added services
tailored to their needs.
Global Markets
Global Markets provides research, sales, trading, and market-making of fixed
income and equity-related products.
Our global fixed income offerings include, among other products, government
securities, interest rate derivatives, investment-grade and high-yield corporate
debt securities, credit derivatives, G-10 and emerging markets foreign exchange,
asset-backed securities and mortgage-related products, in over-the-counter (“OTC”)
and listed markets. We are also primary dealers in the Japanese government securities
market as well as in the Asian, European and U.S. markets. These product offerings
are underpinned by our global structuring function which tailors ideas and trading
strategies for our institutional and corporate client base.
Our global equity-related products include equity securities, Exchange Traded
Funds (“ETFs”), convertible securities, listed futures and options
and OTC equity derivatives. In addition, we offer execution services based on
cutting-edge electronic trading technology to help clients navigate through
the complex market structure and achieve best execution. We are also a member
of various exchanges around the world, with leading positions on Tokyo stock
exchanges and various other global exchanges.
These product offerings are underpinned by our global structuring function which
provides tailored ideas and trading strategies for our institutional and corporate
clients as well as our retail franchise.
Investment Banking
We offer a broad range of investment banking services to a diverse range of
corporations, financial institutions, sovereigns, financial sponsors and others.
We aim to develop and fortify solid relationships with these clients on a long-term
basis by providing them with our extensive resources for each bespoke solution.
Underwriting. We underwrite offerings of a wide range of securities and other
financial instruments, which include various types of stocks, convertible and
exchangeable securities, investment grade debt, sovereign and emerging market
debt, high yield debt, structured securities and other securities in Asia, Europe,
U.S. and other major financial markets. We also arrange private placements and
engage in other capital raising activities.
Financial Advisory & Solutions Services. We provide financial advisory services
on business transactions including mergers and acquisitions, divestitures, spin-offs,
capital structuring, corporate defense activities, leveraged buyouts and risk
solutions. Our involvement in initial public offerings, reorganizations and
other corporate restructurings related to industry consolidation enhances our
opportunities to offer clients other advisory and investment banking services.
We capitalize on the linkages between our Retail, Asset Management and Wholesale
Divisions to offer various financial instruments such as equity securities,
debt securities, investment trusts and variable annuity insurance products,
for the short, medium, and long-term, with different risk levels. We seek to
provide proprietary Nomura expertise to clients through various media such as
our investment reports and internet-based trading services.