Nomura's next CEO stresses 'urgency' in cementing overhaul
Nomura Holdings Inc. named Kentaro Okuda as its new chief executive officer, turning to a 32-year company veteran to help cement a sweeping overhaul of its global operations and reverse a slump at home. Co-chief Operating Officer Okuda, 56, will replace Koji Nagai on April ...
Japan Inc. paying more dividends than ever, says Nomura Holdings
Japan Inc. is paying dividends like never before, and that's poised to lure more investors, according to Nomura Holdings Inc. Dividends for companies traded on the first section of the Tokyo Stock Exchange reached an estimated ¥14.5 trillion ($133 billion) in August, according to data ...
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 ...
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 ...
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 ...
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.
Nomura Holdings CEO Koji Nagai vows to cut costs and keep struggling brokerage independent
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 ...
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 ...
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 ...
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 ...
