About Our Founder Tokushichi Nomura | 4. "NOMURA" Appears in Japan's Financial History
Although the business firm was dissolved on Osakaya's death, Tokushichi set up on his own the following year, using the funds he had inherited from his adoptive father. The name of the new firm was Nomura Shoten. This marks the point when the name of Nomura was first inscribed on the pages of Japan's financial history. There was nothing new, however, about the type of business. Nomura Shoten ("shoten" means "shop") continued in the trade which Tokushichi I understood and knew best - moneychanging.