Nikko Cordial

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Website www.nikko.co.jp
Headquarters Tokyo, Japan
Size 1000 to 5000 Employees
Founded Unknown
Type Subsidiary or Business Segment
Industry Finance
Revenue Unknown / Non-Applicable per year

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... More

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