Investment Banking

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

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

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

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

Consumer / Wealth Management

Industrials

Industrials

Healthcare

Healthcare

Natural Resources & Power

Natural Resources
& Power

Telco / Media / Technology

Telco / Media /
Technology

Financial Institutions

Financial Institutions

Real Estate / Gaming / Lodging / Leisure

Real Estate / Gaming /
Lodging / Leisure

Financial Sponsors

Connecting Markets

  • DCM

    Export-Import Bank of Korea - KEXIM
    USD / EUR Denominated Bonds

    $2.0bn / €500m

    September 2023

  • ECM

    KOKUSAI ELECTRIC
    Global Initial Public Offering

    JPY125bn

    October 2023

  • DCM

    Softbank Corp
    Series 1 Bond-Type Class Shares

    JPY120bn

    October 2023

  • M&A

    7 Eleven (US) of Seven & i Holdings' Acquisition of Convenience Group
    (Australia)

    AUD1.7bn

    November 2023

  • M&A

    Bain Capital (US) Sale of Nichii Holdings to Nippon Life Insurance

    JPY310bn

    November 2023

  • M&A

    Grifols (Spain) Sale of Shanghai RAAS Blood Products (China) to Haier Group (China)

    CNY12.5bn

    December 2023

  • ECM

    Denso
    Follow-on Offering

    JPY610bn

    December 2023

  • DCM

    Hitachi
    Digitally Tracked Green Bond / Straight Bond

    JPY10.0bn / JPY80.0bn

    December 2023

  • ECM

    Daiwa House Industry
    Euro-Yen CB

    appx. JPY200bn

    January 2024

  • ECM

    GlobalWafers
    Exchangeable Bond

    €317m

    January 2024

  • M&A

    Privatization of Lawson by KDDI

    JPY496.5bn

    February 2024

  • DCM

    International Bank for Reconstruction and Development
    EUR Denominated Sustainable Development Bond

    €3.0bn

    February 2024

  • Acquisition & Leveraged Finance

    UKG (US)
    Refinancing

    $6.3bn

    February 2024

Awards & Recognition

House of the Year

House of the Year

LSEG DEALWATCH AWARDS 2023 House of the Year

Investment Bank of the Year for Private Placement

Investment Bank of the Year
for Private Placement

The Banker Investment Banking Awards 2023

Yen Bond House

Yen Bond House
of the Year

IFR Awards 2022

League Table

Japan M&A
  Financial Advisor Deal Value
($m)
Share
(%)
# Deals
1 Nomura 58,670 33.4 100
2 Morgan Stanley 41,809 23.8 53
3 Mizuho Financial Group 39,799 22.7 110
4 JP Morgan 37,934 21.6 15
5 Sumitomo Mitsui Finl Grp Inc 37,231 21.2 119

Source: LSEG (2023/1/1 - 2023/12/31)

Japan ECM
  Bookrunner Deal Value
($m)
Share
(%)
# Issues
1 Nomura 8,963 26.4 70
2 Sumitomo Mitsui Finl Grp Inc 6,200 18.2 56
3 Daiwa Securities Group Inc 4,101 12.1 54
4 Mizuho Financial Group 3,821 11.2 58
5 Morgan Stanley 3,726 11.0 34

Source: LSEG (2023/4/1 - 2024/3/31)

Japan DCM
  Bookrunner Deal Value
(¥bn)
Share
(%)
# Issues
1 Nomura 3,576 22.4 574
2 Mizuho Financial Group 3,479 21.8 564
3 Daiwa Securities Group Inc 3,202 20.1 504
4 SMBC Nikko 2,623 16.4 486
5 MUFG 2,228 14.0 474

Source: Capital Eye (2023/4/1 - 2024/3/31)