Daiwa Securities SMBC - Japanese Investment Bank

Significant deregulation of the Japanese financial markets began in 1998. Daiwa's response to these developments was to establish a new corporate structure: Daiwa Securities Group Inc., being the first listed company in Japan to adopt a holding company structure. Daiwa Securities SMBC Co. Ltd. (Daiwa Securities SMBC) is the investment banking arm within the holding company. It is a joint venture owned 60% by Daiwa Securities Group Inc. and 40% by Sumitomo Mitsui Financial Group Inc. Daiwa Securities SMBC is one of the world's leading investment banks and part of the second largest securities group in Japan.

Daiwa Securities SMBC is a specialist in the wholesale securities business. With the trend to direct financing by Japanese corporations - focused principally on capital markets - Daiwa Securities SMBC can propose the most appropriate financial strategies for corporate clients based on the company's high level of expertise and leading-edge financial technologies. It aims to be a top investment bank that has the full confidence of it clients as a consequence of offering consistently high levels of service.

By integrating the expertise of its various divisions, Daiwa Securities SMBC is developing a comprehensive range of financial products and services that go beyond the usual investment banking mould. Using these products and services, the company's personnel can provide for the special circumstances and precise needs of each client.

Name

Daiwa Securities SMBC Co. Ltd.

President and CEO

Shin Yoshidome

Head office address

Marunouchi Trust Tower N,
8-1 Marunouchi 1-chome,
Chiyoda-ku,
Tokyo 100-8289,
Japan

Capital

¥205.6 billion

Established

5 April 1999

Shareholders

Daiwa Securities Group Inc. (60%); Sumitomo Mitsui Financial Group (40%)

Business

Trading, agency and brokerage, underwriting and distribution of securities and related businesses

Website

http://www.daiwasmbc.co.jp/

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