![]() Nomura Sells Stake in Kawamura ElectricTokyo, September 4, 2009 – Nomura Principal Finance Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has sold its entire stake in Kawamura Electric Inc. to Kawamura Holdings, Inc. Established in 1929, Kawamura Electric has a long history of providing high-quality electrical equipment for both commercial and consumer applications. The company has a leading presence in the domestic market for standard distribution boards. Kawamura Electric is capitalized at 1.8 billion yen and employed 1,513 people as of March 31, 2009. Nomura Principal Finance 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. Nomura Principal Finance invests in businesses with stable cash flows, future growth prospects, and improving performance, as well as in assets that may be securitized at a later date. The company focuses on adding value to businesses in order to realize long-term return on investments. Ends Notes to editors: Nomura 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 over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com. ![]() ![]() |