Daiwa Securities Group Inc.

(DSECF)

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Profile

Daiwa Securities is, together with industry leader Nomura Holdings (8604 JP), one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the major U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its global wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group's, or SMFG's, 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.

Contact Information

Website: www.daiwa-grp.jp
Main Phone: +81 355551111
Address: GranTokyo North Tower
Address 2: 9-1, Marunouchi 1-chome
City / Town: Tokyo
Country: JPN
Postal Code: 100-6751

Issuer Information

Exchange: OTO
Employees: 15737
NAICS: Financial Transactions Processing, Reserve, and Clearinghouse Activities(522320)
$ 5.50 $ 0. (0.00%)
Last Price 5.50 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 5.50
Last Trade Volume 0 52 Wk Hi 6.71 52 Wk Low 5.37
Market Cap 8.7 bi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 1,588,407,843.00 EPS (TTM) 0.55 PE Ratio 10.00 Exchange OTCPK