Daiwa Securities Group Inc

Company Profile

• Business description

  Daiwa Securities Group Inc is one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its world-wide wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group’s 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.

• Contact

  GranTokyo North Tower
  9-1, Marunouchi 1-chome
  Chiyoda-ku
  Tokyo100-6751
  JPN

  T: +81 355551111

  http://www.daiwa-grp.jp

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Capital Markets

  Fiscal Year End

  31 March 2025

  Employees

  14,600