Investment Banking

We provide a variety of advisory and capital-raising solutions to corporations, financial institutions, private equity, governments and public-sector organizations around the world. Collaborating across geographies, industries and products, we provide comprehensive and innovative financing, advisory and risk solutions to our clients.

Our Products

Mergers & Acquisitions

Mergers & Acquisitions

We act as a financial advisor to identify and facilitate strategic merger and acquisition, sale of business or alliance opportunities for our corporate, financial institutions and sponsor clients. Our dedicated M&A teams in Asia, EMEA and the Americas work across borders and time zones to deliver holistic support to our clients globally.

Capital Raising

Capital Raising

In Equity Capital Markets, we originate and execute equity and equity-linked transactions, including IPOs, rights issues, accelerated bookbuilds and convertibles.

Our Debt Capital Markets team helps clients execute local and foreign-currency debt transactions with specialized teams servicing financial institutions, corporates, public sector agencies and sovereigns.

In Acquisition and Leveraged Finance, we arrange financing for leveraged buyouts and corporate acquisitions along with on-going refinancing needs using a variety of debt products.

Solutions

Solutions

An integral part of Investment Banking, our Solutions teams apply a broad range of Fixed Income solutions, Equity related solutions and Insurance solutions to address the various risks faced by clients.

We are also dedicated to understanding the capital and risk management needs of insurance companies and developing cutting-edge Insurance Solutions to help them respond to these challenges. These include securitization products, structured reinsurance and derivative hedging solutions for complex insurance-specific asset and liability risks.

Sectors

Consumer / Retail

Consumer / Retail

Industrials

Industrials

Healthcare

Healthcare

Natural Resources & Power

Natural Resources
& Power

Telco / Media / Technology

Telco / Media /
Technology

Financial Institutions

Financial Institutions

Real Estate / Gaming / Lodging / Leisure

Real Estate / Gaming /
Lodging / Leisure

Financial Sponsors

Connecting Markets

  • M&A

    Privatization of Toshiba Corp by Japan Industrial Partners

    JPY2.1tn

    March 2023
    (Completed: December 2023)

  • ECM

    Tokyu Corp.
    Euro-Yen CB

    JPY61.5bn

    June 2023

  • Acquisition & Leveraged Finance

    Hub International (US)
    Refinancing

    $6.9bn

    June 2023

  • ECM

    Socionext
    Global Follow-on Offering

    JPY185bn

    July 2023

  • DCM

    NTT Finance
    Green Bond

    JPY380bn

    July 2023

  • DCM

    Export-Import Bank of Korea - KEXIM
    USD / EUR Denominated Bonds

    $2.0bn / €500m

    September 2023

  • ECM

    KOKUSAI ELECTRIC
    Global Initial Public Offering

    JPY125bn

    October 2023

  • DCM

    Softbank Corp
    Series 1 Bond-Type Class Shares

    JPY120bn

    October 2023

  • M&A

    7 Eleven (US) of Seven & i Holdings' Acquisition of Convenience Group
    (Australia)

    AUD1.7bn

    November 2023

  • M&A

    Bain Capital (US) Sale of Nichii Holdings to Nippon Life Insurance

    JPY310bn

    November 2023

  • M&A

    Grifols (Spain) Sale of Shanghai RAAS Blood Products (China) to Haier Group
    (China)

    CNY12.5bn

    December 2023

  • ECM

    Denso
    Follow-on Offering

    JPY610bn

    December 2023

  • DCM

    Hitachi
    Digitally Tracked Green Bond / Straight Bond

    JPY10.0bn / JPY80.0bn

    December 2023

Awards & Recognition

House of the Year

House of the Year

Refinitiv DEALWATCH AWARDS 2022

Investment Bank of the Year for Private Placement

Investment Bank of the Year
for Private Placement

The Banker Investment Banking Awards 2023

Yen Bond House

Yen Bond House
of the Year

IFR Awards 2022

League Table

Japan M&A
  Financial Advisor Deal Value
($m)
Share
(%)
# Deals
1 Nomura 58,670 33.4 100
2 Morgan Stanley 41,809 23.8 53
3 Mizuho Financial Group 39,799 22.7 110
4 JP Morgan 37,934 21.6 15
5 Sumitomo Mitsui Finl Grp Inc 37,231 21.2 119

Source: LSEG (2023/1/1 - 2023/12/31)

JAPAN ECM
  Bookrunner Deal Value
($m)
Share
(%)
# Issues
1 Nomura 7,391 30.6 55
2 Sumitomo Mitsui Finl Grp Inc 4,756 19.7 43
3 Mizuho Financial Group 2,908 12.1 42
4 Daiwa Securities Group Inc 2,226 9.2 40
5 JP Morgan 1,825 7.6 8

Source: LSEG (2023/4/1 - 2023/12/31)

JAPAN DCM
  Bookrunner Deal Value
(¥bn)
Share
(%)
# Issues
1 Nomura 2,951 22.3 478
2 Mizuho Financial Group 2,854 21.6 478
3 Daiwa Securities Group Inc 2,618 19.8 430
4 SMBC Nikko 2,074 15.7 408
5 MUFG 1,929 14.6 399

Source: Capital Eye (2023/4/1 - 2023/12/31)