![]() Nomura Announces Sale of Stake in YMCTokyo, March 25, 2008 – Nomura Principal Finance Co., Ltd. (NPF), a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it will sell its entire stake in YMC Co., Ltd. to YMC INVESTMENT CO., LTD. Established in January 1980, YMC manufactures packing materials and packed columns for high-performance liquid chromatography, custom purification and custom synthesis. The company employed 104 people as of September 30, 2007, and is capitalized at 620 million yen as of March 31, 2007. Annual sales for the fiscal year ended March 31, 2007, totaled 3.3 billion yen. NPF was established in July 2000 to explore principal finance opportunities in Japan using the expertise acquired by Nomura in investing its own capital in international markets. NPF invests in businesses with stable cash flow, future growth prospects, and improving performance, as well as in assets that may be securitized later on. NPF focuses on adding value to businesses in order to realize long-term return on investments, exiting via initial public offerings and other methods. Ends Notes to editors: Nomura Group Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 18,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: domestic retail, global markets, global investment banking, global merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com. ![]() ![]() |