NOMURA SECURITIES CO.

(Redirected from Nomura Securities)
Nomura Securities Co.

is a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. NSC plays a central role in the securities business, the Group's core business. Established December 25, 1925, it is the oldest brokerage firm in Japan. It is named after its founder Tokushichi Nomura II, a wealthy Japanese stockbroking tycoon.
NSC provides a range of services through the capital markets including investment advisory services and fund raising.
Nomura is famous for inventing the conduit commercial mortgage, a process where Nomura lent money for investors to buy commercial properties with the goal of securitizing the loans into bonds. Since the profits were primarily from the securitization instead of the loans themselves, Nomura could offer lower interst rates than competitors, quickly making this form of mortgage extremely popular. However, this led to a large decline in Nomura's businesses, when in 1998, due to the Asian economic crisis and Russian defaults, massive amounts bonds of all kinds were sold in a flight to quality US government bonds. This caused a huge problem for Nomura's loans that it had made but not yet securitized, since the interest rates that the loans could be securitized at were now much lower then what Nomura had thought when it first made the loans.
On September 11th, 2001, Nomura Securities held offices in the 23rd and 25th floors of Building B of Two World Financial Center. No casualties were reported on that day from the company, but you can clearly see part of the World Trade Center tower coming into full contact with the building at that level. After the event, for some time, Nomura housed all operations in a set of offices in New Jersey.
Presidents
  From To
Otogo Kataoka1 December 192525 September 1941
Seizo Iida30 September 194113 August 1947
Tsunao Okumura15 April 19481 June 1959
Minoru Segawa1 June 195921 November 1968
Kiichiro Kitaura21 November 196818 October 1978
Setsuya Tabuchi18 October 197819 December 1985
Yoshihisa Tabuchi20 December 198527 June 1991
Hideo Sakamaki27 June 199114 March 1997
Masashi Suzuki14 March 199730 April 1997
Jun'ishi Ujiie1 May 19971 April 2003
Nobuyuki Koga1 April 2003present


Contents
External link

External link



Nomura Securities Co. (official site)

Funding Universe: Nomura Securities Company, Limited (history of Nomura Securities)

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