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

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

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

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 / Wealth

 Management

Industrials

Healthcare

Natural Resources
& Power

Telco / Media /
Technology

Financial Institutions

Real Estate / Gaming /
Lodging / Leisure

Financial Sponsors

Connecting Markets

M&A

Acquisition of Britvic (UK) by Carlsberg UK Holdings (UK) of Carlsberg (Denmark)

£4.0bn

August 2024

ECM

Tokyo Metro
Global Initial Public Offering

JPY348.6bn

October 2024

Acquisition & Leveraged Finance

LBO financing related to the acquisition of Trader (Canada) by AutoScout24 (Germany), a portfolio of Hellman & Friedman (US)

€2.5bn

October 2024

Acquisition & Leveraged Finance

LBO financing related to the acquisition of Therakos (US) by CVC Capital Partners (US)

$670m

October 2024

ECM

Kansai Electric Power
Follow-on Offering

JPY397.2bn

November 2024

M&A

Sale of VSB Group (Germany) from Partners Group (Switzerland) to TotalEnergies (France)

€1.6bn

December 2024

M&A

Heiwa’s acquisition of Accordia Golf of PJC Investments from Fortress Investment Group (US)

JPY510bn

December 2024

Equity Advisory

Elyse Energy (France)
Equity Private Placement

€120m

December 2024

ECM

Kioxia Holdings
Global Initial Public Offering

JPY120.4bn

December 2024

DCM

The Dai-ichi Life Insurance
USD Denominated Subordinated Bond

$2.0bn

January 2025

M&A

Mitsui OSK Lines’ agreement with Ardian (France), APG (Netherlands) and PGGM (Netherlands) to acquire LBC Tank Terminals (Netherlands)

€1.6bn

March 2025

ECM

Japan Post Bank
Global Follow-on Offering

JPY592bn

March 2025

ECM

KKR (US)
Mandatory Convertible
Preferred Stock

$2.6bn

March 2025

Acquisition & Leveraged Finance
Applied Systems (US)
Refinancing

 

$2.4bn / $3.0bn

July 2024 / January 2025

Awards & Recognition

House of the Year

LSEG

DEALWATCH AWARDS 2024
Equity House of the Year

Bank of the Year 2024 Japan

The Banker
Bank of the Year Awards 2024

Most Impressive FIG House
In Non-Core Currencies

GlobalCapital
Global Capital Bond Awards 2024

League Table

Japan M&A

Financial Advisor

Deal Value

($m)

Share

(%)

# Deals

1

Morgan Stanley

115,040

50.2

78

2

Nomura

97,395

42.5

115

3

Goldman Sachs & Co

80,884

35.3

23

4

JP Morgan

33,690

14.7

16

5

Sumitomo Mitsui Finl Grp Inc

25,487

11.1

123

Source: LSEG (2024/1/1 - 2024/12/31)

Japan ECM

Bookrunner

Deal Value

($m)

Share

(%)

# Issues

1

Nomura

11,097

28.0

55

2

Sumitomo Mitsui Finl Grp Inc

5,897

14.9

60

3

Mizuho Financial Group

5,049

12.8

39

4

Morgan Stanley

4,690

11.9

30

5

Daiwa Securities Group Inc

4,271

10.8

45

Source: LSEG (2024/4/1 - 2025/3/31)

Japan IPO

Bookrunner

Deal Value

($m)

Share

(%)

# Issues

1

Nomura

1,842

20.8

15

2

Morgan Stanley

1,727

19.5

11

3

Mizuho Financial Group

1,439

16.3

16

4

Daiwa Securities Group Inc

1,151

13.0

16

5

Sumitomo Mitsui Finl Grp Inc

904

10.2

25

Source: LSEG (2024/4/1 - 2025/3/31)