Nomura Holdings Inc. and Daiwa Securities Group Inc. have hired more university graduates this spring than in the past four years, leading a resurgence in recruitment by Japanese brokerages as the outlook for the economy improves.
About 650 recruits joined Nomura's domestic securities unit Monday, 6 percent more than last year, with most to be assigned to retail operations, said Kenji Yamashita, a spokesman for the nation's largest brokerage.
Daiwa meanwhile boosted its intake by 50 percent to about 450, spokesman Hiroharu Misawa said.