Daiwa Securities Group Inc. is a Japan company, located in Tokyo. more detail is as below. Company Information Company Name: Daiwa Securities Group Inc.Country: JapanAddress: TokyoInternational Area Code: 81Phone: 81-3-5555-1111Contact: Shigeharu SuzukiWebsite: www.daiwa-grp.jpProfile: During Fiscal Year 2007, The Confusion Of The Financial Market, Arising From The U.s. Subprime Loan Crisis, Became More Serious And Misgivings About Slowdown Of The World Economy Grew. The Japanese Stock Market Was Considerably Affected By The Confusion, And The Nikkei Average Dropped To Below 12,000 In Step With The Stock Markets In Europe And The U.s. Falling After Hitting A High Of 18,295 In Early July. As The Nikkei Average Declined By 30% Y/y, The Japanese Stock Market In The Year Showed A Poor Performance. In Addition, The Environment Surrounding Japanese Corporations Became Increasingly Severe, As Exemplified By Hikes In The Prices Of Raw Materials Such As Crude Oil And Grains And By The Rapid Appreciation Of The Yen. Under Such A Management Environment, The Earnings Results Of The Daiwa Securities Group For Fiscal Year 2007 (from April 1, 2007 Through March 31, 2008) Turned To Be Weak. Ordinary Income Stood At 90.1 Billion Yen, Down 54% From The Previous Fiscal Year. As A Result, Our Consolidated Roe, Which Indicates How We Efficiently Managed Money Entrusted By Shareholders, Was 5.3% On An Annual Basis. Fiscal Year 2008 Is The Final Year Of The Group's Three-year Management Plan, "passion For The Best 2008". Considering The Poor Performance In The Previous Year, We Are Committed To Working Hard On Business In Each Field By Concentrating All Efforts To Achieve The Targets Set In The Medium-term Management Plan; Becoming The Japan's Best Securities Group. Daiwa Securities Co. Ltd., The Group's Retail Arm, Will Strive To Expand Stable Source Of Revenues By Making Continued Efforts To Increase Customer Assets In Custody. Daiwa Securities Smbc Co. Ltd., Responsible For The Wholesale Business, Will Aim To Build A Strong Business Base Capable Of Making Profits Steadily Through The Diversification Of Earnings Sources, The Business Expansion In Growth Fields, And The Reinforcement Of Risk Management. In Particular, Daiwa Securities Smbc Will Focus On Asian Business And Mergers And Acquisitions (m&a) Business, Including Strengthening Of Human Resources, In Anticipation Of Significant Growth In These Businesses. Asset Management Business, Led By Daiwa Asset Management Co. Ltd. And Daiwa Sb Investments Ltd., Is Greatly Expected To Grow In The Future, Since We Play Important Role As A Manager Of Investment Trusts That Are The Most Important Receiver Of Funds In The Ongoing Shift From Savings To Investment In Individual Financial Assets. The Daiwa Securities Group Is Committed To Further Expanding Assets Under Management By Showing Competitive Edge Of Two Asset Management Companies Held Within The Group. Investment Business, Operated By Daiwa Securities Smbc Principal Investments Co. Ltd., Will Strive To Make Exits Of Existing Investments And Expand Our Investment Targets To The Asian Region.Area: Tokyo More Links Oji Chiyoda Container Co. Ltd. J-TRADING Inc. Daiwa Securities Group Inc. Mitsui Mining Co. Ltd. Tsukishima Kikai Co. Ltd. ‹ previous | next › Log in to post comments