Nomura Reorganizes China Operations
Tokyo, March 28, 2008 – Nomura Holdings, Inc. today announced that it has established Nomura Corporate Advisory (Shanghai) Co., Ltd., a wholly-owned subsidiary based in Shanghai, China, to advise Japanese firms already operating in China or considering entering the Chinese market. In addition, Nomura Corporate Advisory (China) Co., Ltd., a wholly-owned subsidiary established in Beijing in 1993, will be dissolved.
The reorganization is in response to growing demand in Shanghai from Japanese companies seeking business consulting services and will allow Nomura to concentrate its management resources in Shanghai to provide its clients with a higher level of service.
In addition, the China-related M&A activities carried out by Nomura Corporate Advisory (China) will be taken over by the investment banking division of Nomura Holdings' local subsidiary in Hong Kong.
As the first foreign investment bank to enter the Chinese Mainland back in 1982, Nomura has a long-standing commitment to business in China and has undertaken a wide range of operations including securities-related businesses and commercial real-estate projects in Beijing and Shanghai.
Outline of New Company
| Name: | Nomura Corporate Advisory (Shanghai) Co., Ltd. |
| Registered Office: | 706, 7F Shanghai Central Plaza,381 Huai Hai Zhong Road,Shanghai, China |
| Business: | Consulting services |
| Date of Establishment: | March 18, 2008 |
| Paid-in-Capital: | USD500,000 |
| Shareholder: | Nomura Holdings, Inc. (100%) |
| Chairman: | Hiroyuki Suzuki |
| Legal Representative and President: | Koichi Shimizu |
Outline of Company to be Dissolved
| Name: | Nomura Corporate Advisory (China) Co., Ltd. |
| Registered Office: | 1218, Beijing Fortune Building 5 Dongsanhuan Bei-lu, Chaoyang District Beijing, China |
| Business: | Corporate advisory services |
| Date of Establishment | December 30, 1993 |
| Paid-in-Capital: | USD500,000 |
| Shareholder: | Nomura Holdings, Inc. (100%) |
| Chairman: | Yuji Nakata |
| Reason for Dissolution: | Business reorganization |
| Schedule: | Due to be carried out upon completion of the relevant local legal procedures |
| Effect on Business Results: | Any impact on Nomura Holdings consolidated business results is expected to be negligible |
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 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.
