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Nikko Cordial Securities Inc. · Tokyo Japan

3-1 Marunouchi 1-Chome,,
Chiyoda-Ku		Phone: +81-3-5644-3111
TokyoFax: +81-3-5644-3920
100-0005
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Nikko Cordial Securities Inc. Rankings

Company Description

One of the top brokerages in Japan, Nikko Cordial Securities trades in equities, fixed-income products, and investment trusts for retail and institutional investors. The company has about ¥27 trillion ($300 billion) of assets under management in some 2,500 client accounts. Formerly part of Citigroup, Nikko Cordial was sold to a subsidiary of Sumitomo Mitsui Financial Group in 2009 for some $8.7 billion, including cash and debt considerations. The firm sold most of its stake in private equity investment subsidiary Nikko Antfactory for $140 million in 2008. The relatively small divestiture portended Citigroup's sale of non-core operations in Japan, including Nikko Cordial.

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Financials

Company TypeSubsidiaryHeadquarters
Fiscal Year-EndMarch
Employees2,555

Executives

19 executives listed for Nikko Cordial Securities Inc.'s Tokyo, Japan location.

Chairman, President, and CEODouglas PetersonE-mail

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