IMG
Nomura Announces Partial Sale of Stake in JAFCO

Nomura Holdings, Inc. today announced that it has resolved to sell a portion of the shares of common stock it holds in JAFCO Co., Ltd. (2,200,000 shares, or 4.9% of the total number of voting rights).

Nomura expects that the sale will have a limited effect on its consolidated financial results. Nomura also expects to maintain a good relationship with JAFCO after the sale.

Note 1: Ownership percentage is calculated by dividing the number of voting rights by the total number of voting rights (443,474 voting rights as of September 30, 2013).

Note 2: In addition to the above, a subsidiary of Nomura holds shares of JAFCO in connection with the operation of trusts and as inventory in connection with its securities business.

Note 3: The total number of shares of JAFCO to be offered in the sale is 2,200,000 shares.

Next Finance March 2014
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