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Nomura Securities Co., Ltd.
Tokyo, February 10, 2026—Nomura Securities Co., Ltd. (Nomura) has been ranked No. 1 in the Firm Ranking category of the 2026 All-Japan Research Team Survey conducted by Extel (formerly Institutional Investor).
Securing places in 28 of the 32 sectors surveyed resulted in Nomura being ranked as the top firm in Japan equity research*. This is a testament to Nomura’s longstanding commitment to delivering high-quality research and thought leadership.
The Extel All-Japan Research Team Survey is widely regarded as a global benchmark for sell-side research. It ranks firms based on feedback from Japanese and international institutional investors on research quality, information value, and analyst insights.
Nomura celebrated its 100th Anniversary in December 2025. The firm was one of the first securities companies in Japan to conduct systematic research and analysis and has built a strong research tradition.
Nomura will continue to build on this tradition by developing analysts’ expertise, expanding the use of data analytics and technology, and deepening collaboration across its global network.
Looking ahead to the next 100 years, Nomura is committed to strengthening its capabilities to deliver top quality research that meets the diverse needs of its clients.
*This information is based on materials published by Extel on February 9, 2026 and is disclosed with Extel’s permission.
Nomura
Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.