Business / Corporate Jun 24, 2019
Nomura shareholders vote to re-appoint under-fire CEO Koji Nagai
Nomura Holdings Inc.'s besieged chief executive won a shareholder vote Monday, surviving a call for his ouster from the board following an information leak. CEO Koji Nagai was re-appointed at an annual shareholder meeting alongside nine other nominees proposed by the company, Japan's biggest brokerage ...
Business / Corporate Jun 19, 2019
Nomura shares jump on ¥150 billion buyback and governance tweaks
Nomura Holdings Inc. surged the most in more than two years in Tokyo trading after it announced a surprise ¥150 billion ($1.4 billion) share buyback along with plans to reduce its chairman's role to bolster governance. Just days before its annual shareholders meeting, Japan's biggest ...
Business / Corporate Jun 12, 2019
In wake of info leak, Nomura Holdings shareholders urged to reject CEO's re-election bid
Nomura Holdings Inc. shareholders should vote against the reappointment of its long-standing chief executive officer after Japan's biggest brokerage was penalized for leaking market-sensitive information, according to Institutional Shareholder Services Inc. CEO Koji Nagai "should be held responsible for the information leakage incident" and so ...
Business / Corporate May 24, 2019
Nomura CEO to take 3-month pay cut over leak of information about Japan stock market changes
Nomura Holdings Inc.’s CEO will take a pay cut to assume responsibility for improper handling of stock market information by employees.
Business / Corporate Apr 22, 2019
Nomura Holdings CEO Koji Nagai vows to cut costs and keep struggling brokerage independent
by Takashi Nakamichi and Takako Taniguchi
Nomura Holdings Inc.'s chief executive vowed to keep Japan's biggest brokerage independent and quickly implement his latest turnaround plan as a slumping share price puts the question of a potential merger in focus. "We cherish the strengths and utility that we have through our independence ...
Business / Corporate Mar 30, 2019
Nomura receives Chinese approval to establish majority-controlled brokerage
Nomura Holdings Inc. said Friday it has won approval from Chinese regulators to establish a majority-controlled brokerage, as the world's second-largest economy seeks to open up its financial sector to foreign companies. The move follows UBS Group AG based in Switzerland, which became the first ...
Business / Corporate Jan 18, 2019
Nomura Holding and Carlyle to acquire Okinawa's Orion Breweries, Japan's fifth-ranked beer maker
Nomura Holdings Inc. and U.S. investment fund The Carlyle Group will jointly acquire a majority stake in Japan's fifth-largest beer producer, the Okinawa-based Orion Breweries Ltd., sources said Friday. The acquisition, believed to be aimed at expanding sales channels, would cost billions of yen, the ...
Soccer Jul 18, 2018
Keisuke Honda will launch a venture fund of around $100 million with Hollywood actor and rapper Will Smith this month, the athlete's management firm said Wednesday. Nomura Holdings Inc. said it will also take part in what has been called the "Dreamers Fund," which will ...
Business Jul 6, 2018
Ex-Nomura trader must defend bond-case dismissal in higher U.S. court
Prosecutors are pressing their attack on questionable practices used by bond traders, appealing a judge's decision to toss out the conviction of a former Nomura Holdings Inc. managing director caught up in the sputtering U.S. crackdown. Michael Gramins was found guilty last year of one ...
Business Jul 19, 2017
Japan brokerages face industry audit in wake of Nomura breach
by Takahiko Hyuga
Japanese securities firms face an inspection by the industry association into their compliance with insider rules after Nomura Holdings Inc. discovered it breached laws governing the handling of nonpublic information. The Japan Securities Dealers Association's new chief pledged to examine how firms train and educate ...