Daiwa Securities Group Inc.
News and overview for Daiwa Securities Group Inc.
UPDATE 2-Daiwa Securities to bolster Asia operations capital
Reuters | 12 days 4 hours 50 minutes ago
TOKYO, Nov 12 (Reuters) - Daiwa Securities Group Inc (8601.T), Japan's second-largest brokerage, said it planned to bolster the capital of its Asian operations by 100 billion yen ($1.1 billion) to 190 billion yen by April 2010.
UPDATE 1-Daiwa Securities to invest 100 bln yen in Asia - Nikkei
Reuters | 12 days 14 hours 42 minutes ago
Nov 12 (Reuters) - Japan's Daiwa Securities Group Inc (8601.T) plans to invest 100 billion yen ($1.11 billion) in its operations in Asia outside Japan through next spring, the Nikkei business daily said on Thursday.
REFILE-UPDATE 3-Daiwa Sec to double Asia capital to expand
Forbes | 12 days 1 hour 35 minutes ago
By Junko Fujita TOKYO, Nov 12 (Reuters) - Daiwa Securities Group Inc , Japan's No.2 brokerage, said it will double the capital of its Asian operations to 190 billion yen ($2.1 billion) as it accelerates overseas expansion.
UPDATE 3-Daiwa Sec to double Asia capital in expansion drive
Forbes | 12 days 1 hour 35 minutes ago
By Junko Fujita TOKYO, Nov 12 (Reuters) - Daiwa Securities Group Inc , Japan's No.2 brokerage, said it will double the capital of its Asian operations to 190 billion yen ($2.1 billion) as it accelerates overseas expansion.
CORRECTED - CORRECTED-Daiwa: to boost Asia operations capital by $1.1 bln
Reuters | 12 days 4 hours 50 minutes ago
TOKYO, Nov 12 (Reuters) - Daiwa Securities Group Inc (8601.T), Japan's second-largest brokerage, said it planned to bolster the capital of its Asian operations by 100 billion yen ($1.1 billion) to 190 billion yen by April 2010.
Daiwa Securities: To Double Asian Unit Capital To Y190B
Wall Street Journal, The | 12 days 3 hours 34 minutes ago
TOKYO (Dow Jones)--Daiwa Securities Group Inc. (8601.TO) said Thursday that it plans to increase the level of capital at its overseas units to Y190 billion from Y90 billion by April next year to strengthen its equity trading and investment businesses in Asia.
Daiwa: To use share sales funds for Asia expansion
Reuters | 12 days 4 hours 50 minutes ago
TOKYO, Nov 12 (Reuters) - Daiwa Securities Group Inc (8601.T), Japan's second-largest brokerage, said it would use money raised from its own latest share sale earlier this year and profits from the sale of its stake in Sanyo Electric (6764.T) to expand its Asian operations.
Financial firms to slash graduate hiring by almost half next year
Japan Times, The | 39 days 10 hours 2 minutes ago
Nomura Holdings Inc., Mitsubishi UFJ Financial Group Inc. and their biggest rivals plan to cut hiring of university graduates by almost half, just as the industry begins emerging from its deepest slump in seven decades. Nomura, Daiwa Securities Group Inc., Nikko Cordial Securities Inc., Mitsubishi UFJ, Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. will hire a combined 4,190 graduates on April 1, down from 8,026 a year earlier, data from the firms show. The fi...
Japan Stocks Retreat on Stronger Yen, Weaker Commodities; Canon Declines
Bloomberg | 22 days 2 hours 49 minutes ago
Daiwa Securities Group Inc. tumbled 4.5 percent as Japan's No. 2 brokerage reported second-quarter net income that missed analysts' estimates. Canon Inc., the world's largest camera maker, dropped 3.1 percent. Mitsubishi Corp., Japan's largest trading company which generates more than half of its profit from raw materials, declined 3.1 percent on lower commodity prices. Stocks also fell after CIT Group Inc. filed the biggest bankruptcy claim in the U.S. in more than a year.
Japan Stocks Drop the Most in a Month on Stronger Yen, Weaker Commodities
Bloomberg | 22 days 52 minutes ago
Daiwa Securities Group Inc. tumbled 4.5 percent as Japan's No. 2 brokerage reported second-quarter net income that missed analysts' estimates. Canon Inc., the world's largest camera maker, dropped 3.1 percent. Mitsubishi Corp., Japan's largest trading company which generates more than half of its profit from raw materials, declined 3.1 percent on lower commodity prices. Stocks also fell after CIT Group Inc. filed the biggest bankruptcy claim in the U.S. in more than a year.
Nomura, Mizuho Dash Hopes of Japanese Graduates in 1990s Recruitment Redux
Bloomberg | 40 days 4 hours 51 minutes ago
Oct. 15 (Bloomberg) -- Nomura Holdings Inc., Mitsubishi UFJ Financial Group Inc. and their biggest rivals plan to cut hiring of university graduates in Japan by almost half, just as the industry begins emerging from its deepest slump in seven decades.
Nomura, Mizuho Plan to Slash Hiring at Japan's Universities in 1990s Redux
Bloomberg | 40 days 9 hours 54 minutes ago
Oct. 15 (Bloomberg) -- Nomura Holdings Inc., Mitsubishi UFJ Financial Group Inc. and their biggest rivals plan to cut hiring of university graduates in Japan by almost half, just as the industry begins emerging from its deepest slump in seven decades.
UPDATE 1-Panasonic to launch tender offer for Sanyo on Nov 5
Forbes | 20 days 2 hours 35 minutes ago
TOKYO, Nov 4 (Reuters) - Japan's Panasonic Corp said it would launch a tender offer for shares in Sanyo Electric Co on Thursday, moving closer to becoming a powerhouse in hybrid car batteries and other green-energy businesses through the bid worth at least 402.3 billion yen ($4.5 billion).
Mitsubishi UFJ Weighs Raising $11 Billion
Wall Street Journal, The | 8 days 18 hours 50 minutes ago
TOKYO—Mitsubishi UFJ Financial Group Inc. is considering raising capital of 1 trillion yen ($11 billion) by issuing common shares, a person familiar with the matter said Saturday.
MUFG May Raise $11 Billion Via Shares Offer
Wall Street Journal, The | 9 days 5 hours 45 minutes ago
TOKYO -- Mitsubishi UFJ Financial Group Inc. is considering raising capital of Y1 trillion ($11 billion) by issuing common shares, a person familiar with the matter said Saturday.
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Company Overview
| Company: | Daiwa Securities Group Inc. |
|---|---|
| Industry: | Securities Brokers & Traders |
| Website: | http://www.daiwa.jp |
Japan's second-largest securities firm (Nomura is #1), Daiwa Securities Group focuses on asset management, retail and wholesale securities, and investment operations. The company offers traditional and online securities brokerage to individuals and businesses through its Daiwa Securities Co. subsidiary. Other units offer asset management, research and consulting, real estate management (through Daiwa Property Co.), and private equity investing. Daiwa Securities SMBC (40% of which is owned by Sumitomo Mitsui Financial Group) offers investment banking services, mostly to domestic companies and Japan-based multinationals. Daiwa Securities is buying out SMFG's stake in the joint venture.
Key Numbers
| Sales in U.S. Dollars (mil.) | 2,445.4 (2009) |
|---|---|
| One-year % Growth in Sales | -50.0 (2009) |
| Net Income in U.S. Dollars (mil.) | -874.1 (2009) |
| One-year % Growth in Net Income | 0.0 (2009) |
| Number of Employees | 0 (0) |
| One-year % Growth in Number of Employees | 0.0 (0) |
| Fiscal Year-End | March |
