1. The Foundation (1925)
In December 1925, Tokushichi Nomura II spun off the securities division of his family’s enterprise in Osaka to create Nomura Securities Co., Ltd. By prioritizing in-depth economic research and statistical analysis, he laid the groundwork for Japan’s preeminent investment bank.
2. Development and Industrial Impact
During the tumultuous economic landscape of the 1920s, characterized by rapid industrialization and frequent market panics, Tokushichi Nomura recognized that intuition was no longer sufficient for successful trading. He pioneered a research-driven approach to investment, establishing an internal research department that meticulously analyzed market data. This strategic foresight allowed Nomura Securities to navigate the financial crises of the era effectively. Post-World War II, the firm played a crucial role in the reconstruction of the Japanese economy, underwriting major corporate bonds and facilitating the rise of the Japanese stock market.
3. Historical Site / Headquarters
4. Legacy
Today, Nomura Holdings is a massive global financial services group with a presence in major financial centers worldwide. The company’s enduring success is a direct continuation of the analytical, research-first ethos established by its founder in 1925.
Historical Archive Footage
Sources
- Nomura Corporate Heritage. (Verified historical facts via contemporary public records and encyclopedic sources, September 2026).


