is a Japanese

investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

that is the second largest

securities brokerage A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither ...

after

Nomura Securities is a Japanese financial services company and a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the group's core business. Nomura is a financial ...

. Major subsidiaries include ''Daiwa Securities'', which offers retail services such as

online trading In finance, an electronic trading platform, also known as an online trading platform, is a computer software program that can be used to place orders for financial products over a network with a financial intermediary. Various financial products ...

to individual investors and investment banking services in Japan, as well as ''Daiwa Capital Markets'', the firm's international investment banking arm (with a presence across Asia, Europe and North America) that provides M&A advisory, sales and trading services in a variety of financial products to corporate and institutional clients. Other group companies provide

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

, research and

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. ...

services. The company is the fourth largest shareholder in SL Green Realty.

History

Daiwa Securities SB Capital Markets

The company was founded in 1999 as Daiwa Securities SB Capital Markets Co. Ltd., a joint venture between Daiwa Securities Group (Daiwa) and Sumitomo Bank (SB). It was renamed in 2001 to Daiwa Securities SMBC Co. Ltd., after Sumitomo Bank merged with Sakura Bank on 1 April 2001 to form Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG). However, in 2010, SMBC acquired Nikko Cordial (Japan's third-largest brokerage at that time).

Daiwa Securities Capital Markets Company

Following this step, Daiwa dissolved the joint-venture with SMBC and re-acquired 100% of the shares in the company, before renaming it again as Daiwa Securities Capital Markets Co. Ltd. Finally, about two years later, the company was absorbed in a merger, leaving Daiwa Securities Co. Ltd as the sole entity.

DC Advisory

In May 2009, Daiwa acquired the

corporate finance Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and analy ...

division of

Close Brothers Group Close Brothers Group plc is a UK merchant banking group which provides lending, takes deposits, manages wealth and trades in securities. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Close Brothe ...

. In 2010, it was renamed to DC Advisory and now acts as the corporate finance arm of Daiwa.

Member companies

* Daiwa Financial Holdings Co., Ltd. * Daiwa Securities Co., Ltd. * Daiwa Asset Management Co., Ltd. * Daiwa Institute of Research Ltd. * Daiwa SB Investments Ltd. * Daiwa Securities Business Center Co., Ltd. * The Daiwa Property Co. Ltd. * Daiwa Capital Markets America Inc. * Daiwa Capital Markets Europe Ltd.

Projects

In July 2012, Daiwa Securities Group was chosen by the Central Bank of Myanmar to spearhead a $380-million project designed to develop an IT network for the Myanmar government that would connect all ministries as well as schools and hospitals to a cloud computing system and would also entail a secure online banking system for the country. In December 2024, Daiwa Securities announced its aims to raise wages by 5% to attract new talents to its company. The initiative is expected to begin by April, 2025.

References

External links

*
Fundinguniverse.com Company History
* Wiki collection of bibliographic works on Daiwa Securities Group {{Authority control Financial services companies based in Tokyo Primary dealers Financial services companies established in 1943 Banks established in 1943 Companies listed on the Tokyo Stock Exchange Companies in the Nikkei 225 Japanese companies established in 1943