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Takashi Nakamichi
Daiwa Securities CEO Akihiko Ogino says mergers and acquisition deals are harder to come by this year due to uncertainties over U.S. President Donald Trump's trade policy.
BUSINESS / Companies
Jun 3, 2025
Daiwa pauses M&A hiring as tariff uncertainty chokes deal pipeline
The assessment from Japan’s second-largest brokerage indicates how changes in global trade policy are rippling through spending activity.
Nomura is in expansion mode in U.S. markets despite wider sentiments that are more worried about U.S. President Donald Trump’s trade policies overshadowing global growth prospects.
BUSINESS / Companies
May 30, 2025
Nomura sees great opportunities to grow in U.S. despite turmoil
The firm plans to advance targets for its investment management and wholesale banking businesses by pursuing long-term growth in the Americas.
A shareholder of Nomura Holdings has made a proposal seeking to change the company’s name to Nomura Securities Group.
BUSINESS / Companies
May 28, 2025
Nomura faces rare vote on shareholder's proposal of a name change
The proposal seeks to change the company’s name to Nomura Securities Group, which its board opposes.
Compensation paid in the year that ended in March to Nomura Holdings' seven executive officers totaled ¥4.6 billion, up 3% from the previous year when there were eight such officers.
BUSINESS / Companies
May 23, 2025
Nomura raises top executives’ pay to highest in over a decade
Compensation paid in the year ended March to the company’s seven executive officers totaled ¥4.6 billion.
Goldman Sachs’ unit in Japan, although posting lower profit last year, kept its spot as the most profitable among foreign banks in the country that close their books in December.
BUSINESS / Companies
May 19, 2025
Goldman Sachs leads in a patchy year for foreign banks in Japan
The varied results suggest that 2024 was a tricky year for the world’s largest lenders operating in Japan, as investors adjusted to rising interest rates.
SMBC Nikko Securities hired former Nomura Holdings senior executive Susumu Usui as co-head of equity and ex-Citigroup’s Keita Matsumoto as head of financial markets.
BUSINESS / Companies
May 7, 2025
SMBC Nikko hires former Nomura and Citi top executives in rebuild
The firm is seeking to strengthen its business following the rigging scandal more than two years ago, which led to the loss of several equity executives.
The Otemachi Financial City Grand Cube, which houses the Mitsubishi UFJ Morgan Stanley Securities head office, in Tokyo. MUMSS has stopped selling so-called structured loans after purchases of the products by regional banks prompted a regulatory backlash.
BUSINESS / Companies
May 2, 2025
MUFG joint venture stops selling structured loans after scrutiny
It’s the first known instance of a major brokerage ending this business in what was a booming market.
Fees from dealmaking also helped net income climb 27% from a year earlier to ¥72 billion ($501 million) in the three months ended March 31, Nomura said in a statement Friday.
BUSINESS / Companies
Apr 25, 2025
Nomura profit beats estimates on equity trading and dealmaking
The result caps a record year of profits, helped by robust trading and dealmaking and a resurgence in investing by Japanese individuals.
Nomura Orient International Securities has trimmed staffing by about two-thirds in its China wealth business over the past two years.
BUSINESS / Companies
Apr 15, 2025
Nomura scaling back China wealth unit, shifting focus to brokerage and assets
Japan's biggest brokerage is currently seeking a new CEO for the securities business on the mainland.
A working group of the Japan Securities Dealers Association is discussing a revision to the current set of recommendations in order to prevent fraud in online transactions.
BUSINESS / Companies
Apr 11, 2025
Japan brokerage body weighs tougher moves to fight phishing scams
The move underlines the spreading concern around the sharp rise in unauthorized trades at some of Japan’s largest brokerages.
Masuo Fukuda, head of Citigroup’s investment banking business in Tokyo, says the hiring in Tokyo started in December targeting various levels of bankers.
BUSINESS / Companies
Mar 27, 2025
Citigroup hiring dealmakers in Japan with fee pool seen reviving
The Wall Street firm is expanding its investment banking team in Japan as it bets the country’s deal fee pool will finally rebound.
Nomura Holdings is withdrawing from the Net-Zero Banking Alliance.
BUSINESS / Companies
Mar 13, 2025
Nomura exits bank climate group, joining Wall Street exodus
Nomura said it will stick to its target set four years ago, to deploy $125 billion of sustainable financing through March 2026.
Nomura Holdings and Japan's other big brokers are having second thoughts about selling so-called structured loans to regional lenders.
BUSINESS / Economy
Mar 11, 2025
Japan brokers rethink repackaged JGBs after regulator warning
There are concerns that buyers might lack proper risk management for the product and could suffer mounting losses if market interest rates move against them.
The stock of Nomura Holdings climbed as much as 7.7% to ¥1,077 in Tokyo on Thursday morning, the highest level since October 2008.
BUSINESS / Companies
Feb 6, 2025
Nomura soars to 16-year high as profit jump cements recovery
The stock climbed as much as 7.7% to ¥1,077 in Tokyo on Thursday morning, the highest level since October 2008.
Most of Nomura's recent personnel cuts were in London, according to a person familiar with the matter, who added that three worked in rates and another three in the digital office.
BUSINESS / Companies
Jan 28, 2025
Nomura cuts about 10 global markets staff to reduce costs
A year ago, Japan’s biggest brokerage planned to cut about 60 staffers as the firm sought ways to pare expenses across its investment bank.
Yoichi Takemura will oversee yen rates and foreign exchange trading for Barclays in Tokyo, bringing nearly two decades of experience in those operations.
BUSINESS / Companies
Jan 27, 2025
Barclays hires ex-Garda manager Yoichi Takemura as Japan bond market revives
The bank's Japanese investment banking arm posted a record ¥16.5 billion in net profit in 2023, driven by increased client orders to trade yen rate products.
Nomura Holdings and other major brokerages in Japan are raising compensation and benefits for senior employees age 60 or over.
BUSINESS / Companies
Dec 19, 2024
At Japan's brokerages, skills shortage improves conditions for older staff
Employees age 60 and above are increasingly getting paid for performance and given heavier responsibilities in line with their experience.
Nomura Holdings plans to rebuild its IT architecture, promote digitalization and automation as well as review office locations as the company tightens its belt.
BUSINESS / Companies
Dec 2, 2024
Nomura CEO to seek $186 million in extra cost reductions
The move highlights Nomura Holdings' continued focus on curbing expenses even as earnings rebound.
The U.S. federal prosecutors' indictment of Indian billionaire Gautam Adani over an alleged bribery plot last week has sent ripples across the globe.
BUSINESS / Companies
Nov 26, 2024
Japan’s SBI follows Nomura in disclosing Adani funds exposure
The moves underscore how U.S. federal prosecutors’ indictment of Indian billionaire Gautam Adani over an alleged bribery plot has sent ripples across the globe.
A former Nomura Holdings employee has been charged on suspicion of robbery, attempted murder and arson of an inhabited building, the firm said in a statement on Wednesday.
JAPAN / Crime & Legal
Nov 21, 2024
Nomura ex-employee charged with attempted murder
The former employee was charged on suspicion of robbery, attempted murder and arson of an inhabited building, the brokerage said.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic