Daiwa Securities Group

Daiwa Securities Group is a Japanese financial-services group whose principal activities are securities brokerage, investment banking, asset management, research, and related corporate-finance services. The group is headquartered in Tokyo and is commonly described as one of Japan's leading securities companies, ranking behind Nomura Securities in the domestic brokerage market. Its principal Japanese operating company, Daiwa Securities, serves individual investors through branch-based and online channels and also provides services to corporate and institutional clients. The wider group includes businesses covering sales and trading, investment banking, asset management, research, private-equity and fund-related services, business-process support, and property-related activities. The group's modern investment-banking structure was shaped by a series of reorganizations and international expansions. In 1999, Daiwa and Sumitomo Bank established Daiwa Securities SB Capital Markets as a joint venture. Following the formation of Sumitomo Mitsui Banking Corporation in 2001, the venture was renamed Daiwa Securities SMBC. After SMBC acquired Nikko Cordial in 2010, Daiwa ended the joint venture and bought back full ownership, creating Daiwa Securities Capital Markets. That entity was later absorbed into Daiwa Securities, consolidating the group's domestic securities operations. Daiwa also expanded its corporate-finance capabilities outside Japan. In 2009, it acquired the corporate-finance division of Close Brothers Group. The business was subsequently renamed DC Advisory and became part of Daiwa's corporate-finance platform, supporting advisory work in areas such as mergers and acquisitions and other strategic transactions. Its international investment-banking arm, Daiwa Capital Markets, maintains operations across Asia, Europe, and North America and serves corporate and institutional clients through advisory, sales and trading, and financial-products activities. The group has also undertaken projects beyond conventional brokerage and investment banking. In 2012, it was selected by Myanmar's central bank to lead a proposed project involving a nationwide information-technology network for government ministries, schools, and hospitals, together with a secure online-banking system. In December 2024, Daiwa Securities announced a plan to raise wages by 5 percent from April 2025, presenting the measure as part of an effort to recruit and retain talent. Daiwa remains an active listed Japanese financial group, although the supplied reference material does not provide current revenue, earnings, employee, or market-capitalization figures.

Daiwa Securities Group traces its origins to 1902, although the modern group structure described in the available reference material developed much later. The group's business identity is rooted in Japan's securities industry, where it built a broad platform serving individual investors, corporations, and institutional clients. Over time, its activities expanded beyond traditional brokerage to include investment banking, market-making and trading, investment management, research, corporate finance, and related support businesses. A major structural turning point came in 1999, when Daiwa and Sumitomo Bank formed Daiwa Securities SB Capital Markets. The joint venture was designed to combine Daiwa's securities expertise with the banking resources of Sumitomo Bank in corporate and capital-markets activities. In 2001, Sumitomo Bank merged with Sakura Bank to create Sumitomo Mitsui Banking Corporation. The securities venture was consequently renamed Daiwa Securities SMBC, reflecting its relationship with the newly formed banking group. The relationship changed after SMBC acquired Nikko Cordial, then one of Japan's major brokerage businesses, in 2010. Daiwa dissolved its joint venture with SMBC and reacquired complete ownership of the securities company. The business was renamed Daiwa Securities Capital Markets. Roughly two years later, the capital-markets company was absorbed through a merger, leaving Daiwa Securities as the group's principal operating securities entity and simplifying the domestic structure. Daiwa strengthened its international corporate-finance platform in May 2009 by acquiring the corporate-finance division of Close Brothers Group. That business was later renamed DC Advisory. It became a corporate-finance arm of Daiwa, with a role in advisory activities including mergers and acquisitions and other strategic transactions. Separately, Daiwa Capital Markets developed an international presence across Asia, Europe, and North America, offering institutional and corporate clients advisory, sales and trading, and a range of financial-product services. The group is organized around several specialist companies. These include Daiwa Securities, Daiwa Asset Management, Daiwa Institute of Research, Daiwa SB Investments, Daiwa Securities Business Center, The Daiwa Property, Daiwa Capital Markets America, and Daiwa Capital Markets Europe. Together, these businesses extend the group from retail investing and Japanese brokerage into global institutional markets, asset management, research, operational support, and corporate finance. Daiwa has also participated in projects that apply financial and technology expertise to public infrastructure. In July 2012, Myanmar's central bank selected the group to lead a proposed 380 million dollar program for an information-technology network linking ministries, schools, and hospitals to cloud-computing infrastructure, together with a secure online-banking system. The available reference does not establish the ultimate completion or commercial outcome of that project. In December 2024, Daiwa Securities announced a planned 5 percent wage increase beginning in April 2025. The stated purpose was to improve the company's ability to attract new talent. The measure illustrates the group's continuing focus on maintaining specialist human capital in a competitive financial-services market. Daiwa Securities Group remains a listed Japanese securities and investment-banking group, with domestic retail and institutional operations complemented by international capital-markets and advisory businesses.

• 2024

  Planned wage increase announced

  [1]Daiwa Securities Groupen.wikipedia.org

  Daiwa Securities announced plans for a 5 percent wage increase from April 2025 to support talent recruitment.

• 2012

  Capital-markets business consolidated into Daiwa Securities

  [1]Daiwa Securities Groupen.wikipedia.org

  Daiwa Securities Capital Markets was absorbed in a merger, leaving Daiwa Securities as the group's sole principal domestic securities entity.

• 2012

  Myanmar infrastructure project selection

  [1]Daiwa Securities Groupen.wikipedia.org

  Myanmar's central bank selected Daiwa to lead a proposed national government IT-network and secure online-banking project.

• 2010

  Daiwa ends its SMBC joint venture

  [1]Daiwa Securities Groupen.wikipedia.org

  After SMBC acquired Nikko Cordial, Daiwa dissolved the joint venture and reacquired full ownership of the securities business.

• 2009

  Acquisition of Close Brothers corporate-finance division

  [1]Daiwa Securities Groupen.wikipedia.org

  Daiwa acquired the corporate-finance division of Close Brothers Group, later operating it under the DC Advisory name.

• 2001

  Renaming as Daiwa Securities SMBC

  [1]Daiwa Securities Groupen.wikipedia.org

  Following the creation of Sumitomo Mitsui Banking Corporation through the merger of Sumitomo Bank and Sakura Bank, the joint venture adopted the Daiwa Securities SMBC name.

• 1999

  Formation of Daiwa Securities SB Capital Markets

  [1]Daiwa Securities Groupen.wikipedia.org

  Daiwa and Sumitomo Bank established Daiwa Securities SB Capital Markets as a securities and capital-markets joint venture.

• 1902

  Origins of the Daiwa securities business

  [1]Daiwa Securities Groupen.wikipedia.org

  Daiwa Securities Group traces its origins to 1902, establishing the historical foundation of the Japanese securities business associated with the group.

A leading Japanese full-service securities group combining domestic retail brokerage with institutional markets, investment banking, asset management, research, and international corporate-finance capabilities.

• Retail and domestic securities

  Daiwa Securities

  Daiwa Securities is the group's principal Japanese securities company. It serves individual investors through conventional and online brokerage channels and also provides securities and investment-banking services to corporate and institutional customers. Its activities form the main domestic platform of the group after the consolidation of the former Daiwa Securities Capital Markets business.

• International investment banking

  Daiwa Capital Markets

  Daiwa Capital Markets is the group's international investment-banking and capital-markets platform. With operations across Asia, Europe, and North America, it serves corporate and institutional clients through advisory work, sales and trading, and services involving a range of financial products.

• Corporate finance and M&A advisory · 2009

  DC Advisory

  DC Advisory is Daiwa's corporate-finance advisory business. It originated in the acquisition of Close Brothers Group's corporate-finance division in 2009 and was subsequently given the DC Advisory name. The business supports corporate-finance assignments, including mergers and acquisitions and related strategic transactions.

• Asset management

  Daiwa Asset Management

  Daiwa Asset Management is a group company focused on investment-management activities and investment products. The supplied reference identifies it as one of the principal member companies but does not provide detailed product, asset, or geographic information.

• Research and consulting

  Daiwa Institute of Research

  Daiwa Institute of Research provides research-related capabilities within the group. It supports the broader securities and financial-services platform through analytical and advisory expertise, although the available reference does not specify its current service catalog.

• 2024

  Announce a planned 5 percent wage increaseStrategy

  Background

  Daiwa identified talent recruitment as an important priority in a competitive financial-services labor market.

  Action taken

  Daiwa Securities announced that it aimed to raise wages by 5 percent beginning in April 2025.

  Aftermath

  The announced measure was intended to improve the company's ability to attract new employees; the supplied reference does not report its subsequent implementation or financial impact.

  Planned wage increase. 5% increase (Beginning April 2025)

  Source

• 2010

  Reclaim full ownership of the securities ventureStrategy

  Background

  SMBC's acquisition of Nikko Cordial changed the competitive and strategic context of the Daiwa-SMBC relationship.

  Action taken

  Daiwa dissolved the joint venture and reacquired 100 percent of the company's shares, renaming it Daiwa Securities Capital Markets.

  Aftermath

  The capital-markets entity was later merged into Daiwa Securities, consolidating the domestic securities structure.

  Source

• 2009

  Acquire Close Brothers corporate-finance divisionM&A

  Background

  Daiwa sought to expand its corporate-finance and advisory capabilities in international markets.

  Action taken

  Daiwa acquired the corporate-finance division of Close Brothers Group.

  Aftermath

  The acquired business was renamed DC Advisory and became part of Daiwa's corporate-finance platform.

  Source

• 1999

  Create a joint capital-markets venture with Sumitomo BankM&A

  Background

  Daiwa sought to combine its securities capabilities with the resources of a major Japanese bank in corporate and capital-markets activities.

  Action taken

  Daiwa and Sumitomo Bank formed Daiwa Securities SB Capital Markets.

  Aftermath

  The venture was renamed Daiwa Securities SMBC in 2001 after the formation of Sumitomo Mitsui Banking Corporation.

  Source

1. 1Daiwa Securities Groupen.wikipedia.org
2. 2Daiwa Securities Group official websitedaiwa-grp.jp