The history of Nomura begins on December 25, 1925, when the Nomura Securities Co

., Ltd. (NSC) was established in Osaka, as a spin-off from Securities Dept. of O

saka Nomura Bank Co., Ltd (the present day Resona Bank). NSC initially focused o
n the bond market.[9][10][10] It was named after its founder Tokushichi Nomura I
I, a wealthy Japanese stockbroking tycoon. He had earlier established Osaka Nomu
ra bank in 1918, based on the Mitsui zaibatsu model with a capital of 10 million.
[11] Like the majority of Japanese conglomerate, or zaibatsu, its origins were i
n Osaka, but today operates out of Tokyo. NSC gained the authority to trade stoc
k in 1938, and went public in 1961.
2001 to present[edit]
On October 1, 2001 Nomura adopt a holding company structure and Nomura Holdings,
Inc. was established.[12][13] Nomura made most of its profits in the Japanese r
etail banking market, but has expanded its international investment banking capa
bilities. Instinet Incorporated was acquired in February 2007.
In October 2008, Nomura acquired most of Lehman Brothers Asian operations togeth
er with its European equities and investment banking units to make one of the wo
rld's largest independent investment banks with Y20,300bn (138bn) assets under ma
nagement. In April 2009, the global headquarters for investment banking was move
d out of Tokyo to London as part of a strategy to move the company's focus from
Japan to global markets.
Nomura sponsors research at Oxford University into mathematical techniques for u
se in finance including stochastic analysis, option pricing, stochastic optimal
control, interest rate modelling and through the Nomura Centre for Mathematical
Finance