Upon his return to Japan, Kataoka consolidated his plans for the new venture. Throughout 1924 and 1925, construction of a new office in Osaka went ahead. On November 27, 1925, a meeting was held at Nomura & Co. to draw up articles of incorporation and decide terms of subscription for its stock. There was some discussion on the name to be adopted, with "Nomura Securities Department, Inc." and "Nomura Bond House" finally rejected in favor of "The Nomura Securities Co., Ltd." Article 2 (Business Objectives) listed the firm's activities as, (1) "the underwriting and distribution of public bonds, corporate bonds, and stocks," and (2) "the buying and selling of public and corporate bonds." It was decided the new company would be capitalized at ¥5 million with 100,000 shares. Four days later, ¥2.5 million was paid in and a founding meeting held. It was formally resolved that The Nomura Securities Co., Ltd. would be established at 2-61, Azuchi, Higashi-ku, Osaka.
First Articles of association
of The Nomura Securities Co.,Ltd.
