Nikko Cordial Securities Inc.
Nikko Cordial Securities trades in equities, fixed-income products, and investment trusts for retail and institutional investors. Nikko Cordial Securities Inc. has about $300 billion of assets under management in some 2,500 client accounts. Formerly part of Citigroup, which acquired the company in 2008, Nikko Cordial was sold to Sumitomo Mitsui Financial Group the following year for some $8.7 billion, including cash and debt considerations. Nikko Cordial Securities Inc. 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.
Contact Details
Office Address
Nikko Cordial Securities Inc.
3-1 Marunouchi 1-chome
Chiyoda-ku
Tokyo, Japan 100-0005
Phone: +81-3-5644-3111
Fax: +81-3-5644-3920
Executives
Co-Chairman
Kazuyoshi Kimura
Chairman, President, and CEO
Douglas L. Peterson