Nomura Group
Encyclopedia
The formerly Nomura zaibatsu (野村財閥) is a company headquartered in Chuo
Chuo, Tokyo
is one of the 23 special wards that form the heart of Tokyo, Japan. The ward refers to itself as Chūō City in English.Its Japanese name literally means "Central Ward," and it is historically the main commercial center of Tokyo, although Shinjuku has risen to challenge it since the end of World War II...

, Tokyo.

Nomura is one of the major industrial and financial conglomerate groupings of Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

. Osaka Nomura bank was founded by Tokushichi Nomura II
Tokushichi Nomura II
is the founder of the Nomura Group zaibatsu who formed Nomura Securities in 1925. He was born in present-day Yao, Osaka. He was known in childhood as Shinnosuke. In 1928, he was appointed to the House of Peers in Japan.- First fortune :...

 in 1919 after many successful business ventures; it was established on the Mitsui zaibatsu model. Like the majority of Japanese conglomerates and zaibatsu, its origins were in Osaka
Osaka
is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...

, but today operates out of Tokyo.

The group is involved in numerous industries, from oil and gas to construction, chemicals and foodstuffs, as well as what it is known for internationally, as a financial powerhouse.

Noteworthy group member Nomura Securities, Japan's most well-known stock brokerage firm, is an internationally known conglomerate of financial services. Nomura also has major offices at the World Financial Center
World Financial Center
The World Financial Center is a complex of buildings across West Street from the World Trade Center site in Lower Manhattan in New York City, overlooking the Hudson River. This complex is home to offices of companies including Merrill Lynch, RBC Capital Markets, Nomura Group, the Wall Street...

 in New York City, at the International Finance Centre
International Finance Centre
The International Finance Centre is an integrated commercial development on the waterfront of Hong Kong's Central District....

 in Hong Kong, and at Angel Lane in The City of London. Other large group members are Resona Bank and Osaka Gas.

Nomura's Securities company was originally a bond
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...

 trading firm that was spun off from Osaka Nomura Bank in 1925, it gained the authority to trade stock in 1938, and went public in 1961. It also has a number of international offices of its own. Nomura Securities has recently taken over the European and Asian operations of bankrupt Lehman Brothers
Lehman Brothers
Lehman Brothers Holdings Inc. was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA , doing business in investment banking, equity and fixed-income sales and trading Lehman Brothers Holdings Inc. (former NYSE ticker...

.

Nomura Holdings, Inc. is the holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 of the Nomura Group. As a keiretsu
Keiretsu
A is a set of companies with interlocking business relationships and shareholdings. It is a type of business group. The keiretsu has maintained dominance over the Japanese economy for the greater half of the twentieth century....

, it does not directly run member companies, rather it keeps cross shareholdings and manages financial assistance among member companies which help to deflect hostile takeovers.

In 2008, Nomura Group was crowned Deal of the Year - Equity Market Deal of the Year at the 2008 ALB Japan Law Awards.

Member companies

  • Osaka Gas
    Osaka Gas
    , commonly written as 大阪ガス, is a Japanese gas company based in Osaka, Japan. It supplies gas to the Kansai region, especially Keihanshin area.-Overview:*Senboku Power Fuel Company Limited*Osaka Gas Energy America-External links:...

  • Resona Bank
  • 東京特殊電線株式会社 Totoku Electric Co., Ltd.
  • 新日本理化株式会社 New Japan Chemical co., ltd.
  • 東洋テック株式会社 Toyo Tec Co., Ltd.
  • 株式会社 日本触媒 NIPPON SHOKUBAI CO., LTD
  • 株式会社 日本触媒 NIPPON SHOKUBAI CO., LTD
  • CHOYA株式会社 CHOYA CORPORATION
  • あおみ建設株式会社 AOMI CONSTRUCTION CO.,LTD.
  • あいおい損害保険株式会社 Aioi Insurance Co.,Ltd
  • Nomura Securities
  • 野村トレーディング・ホールディングス株式会社 Nomura Trading Holdings Co., Ltd.
  • 野村貿易株式会社 Nomura Trading Co.,Ltd.
  • 北興化学工業株式会社 Hokko Chemical Industry

External links

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