Price Chart

Profile

Together with industry leader Nomura, Daiwa Securities is 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 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.
URL http://www.daiwa-grp.jp
Investor Relations URL https://www.daiwa-grp.jp/english/ir/
HQ State/Province N/A
Sector Financials
Industry Capital Markets
Equity Style Large Cap/Growth
Next Earnings Release Jul. 31, 2024 (est.)
Last Earnings Release Apr. 25, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Sep. 28, 2023

Profile

Together with industry leader Nomura, Daiwa Securities is 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 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.
URL http://www.daiwa-grp.jp
Investor Relations URL https://www.daiwa-grp.jp/english/ir/
HQ State/Province N/A
Sector Financials
Industry Capital Markets
Equity Style Large Cap/Growth
Next Earnings Release Jul. 31, 2024 (est.)
Last Earnings Release Apr. 25, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Sep. 28, 2023