{ "schemaVersion": 1, "organisationId": "O-b6031170a9c746269592e0d88e9cbf15", "slug": "daiwa-securities-group-inc", "name": "Daiwa Securities Group Inc.", "updatedAt": "2026-10-02T11:34:43.387335Z", "sections": [ { "type": "OVERVIEW", "text": "Daiwa Securities Group Inc. is a Japan-based financial-services group centered on securities and investment services. Its principal businesses are Wealth Management, Asset Management, and Global Markets & Investment Banking, serving individual and corporate clients as well as institutional investors. Services include securities trading, investment management, underwriting, and M&A advisory. [P141633311]\n\nThe group is Japan-centered but operates internationally: as of March 31, 2026, it reported 182 domestic branches and business in 22 overseas countries and regions. Its basic management policy is “maximizing customer asset value,” supported by principles that include building trust, valuing personnel, and contributing to society. [https://www.daiwa-grp.jp/english/sustainability/environment/pdf/tcfd-report.pdf] [P141633344]\n\nFor FY2025, the year ended March 31, 2026, Daiwa reported consolidated operating revenue of ¥1,467,983 million and 15,284 employees. The Group traces its origins to 1902. [https://www.daiwa-grp.jp/english/about/profile.html] [https://www.daiwa-grp.jp/english/faq/faq_01.html] [https://www.daiwa-grp.jp/english/about/history.html]\n[P141633311][P141633344][https://www.daiwa-grp.jp/english/sustainability/environment/pdf/tcfd-report.pdf][https://www.daiwa-grp.jp/english/about/profile.html][https://www.daiwa-grp.jp/english/faq/faq_01.html][https://www.daiwa-grp.jp/english/about/history.html]", "updatedAt": "2026-10-02T11:34:43.387335Z" }, { "type": "PRODUCTS", "text": "Daiwa offers investment services including stock investment trusts and discretionary wrap accounts. Daiwa Fund Wrap provides managed portfolios using investment trusts diversified across domestic and international assets; the online service automates portfolio proposals and maintenance, including rebalancing. Daiwa lists minimum investments of ¥3 million for its consulting course, ¥30 million for its direct course and ¥10,000 for Fund Wrap Online. [https://www.daiwa.jp/products/fund_wrap/][https://www.daiwa.jp/products/fund_wrap/online/about.html] Its D-Port app provides consolidated asset viewing, market information, investment reports, videos and shareholder-benefit information, and is available to users without a Daiwa Securities account. [https://www.daiwa.jp/onlinetrade/tool/d_port/top.html]\n\nThe Group also provides asset-management products and services, including traditional and alternative investments; reported examples of alternative investment activity include funds, real-estate investment loans and aircraft leasing. [P141626156][T16190987] Daiwa Asset Management’s iFreeNEXT NASDAQ100 Index fund offers exposure to the Nasdaq-100, an index of 100 large companies listed on Nasdaq. [https://www.daiwa-am.co.jp/ifree_series/next/index.html]\n\nDaiwa Securities’ reported FY2025 revenue categories included brokerage commissions (¥77.2 billion), underwriting and secondary-offering commissions (¥37.5 billion), investment-trust distribution commissions (¥26.2 billion), investment-advisory and account-management fees (¥63.3 billion), and M&A-related commissions (¥26.2 billion). These are revenue amounts by service category, not percentages of total company performance. [T16194420]\n[P141626156][T16190987][T16194420][https://www.daiwa.jp/products/fund_wrap/][https://www.daiwa.jp/products/fund_wrap/online/about.html][https://www.daiwa.jp/onlinetrade/tool/d_port/top.html][https://www.daiwa-am.co.jp/ifree_series/next/index.html]", "updatedAt": "2026-10-02T11:34:43.387335Z" }, { "type": "GEOGRAPHY", "text": "Daiwa Securities Group Inc. is headquartered in Japan, its main domestic market, and also operates across the Americas, Europe and the Middle East, and Asia and Oceania. Its FY2026 reporting describes overseas business serving global institutional investors alongside business focused on customers in Japan. [P141633311][P141633345]\n\nFor FY2025, reported overseas ordinary income was ¥26,745 million: ¥19,503 million in the Americas, ¥8,677 million in Asia and Oceania, and a loss of ¥1,435 million in Europe. These represent approximately 72.9%, 32.4%, and –5.4% of overseas ordinary income, respectively; they are regional shares of ordinary income, not revenue. [T16194369] The FY2025 annual report gives 1,879 overseas employees out of 14,783 consolidated employees for FY2024, or about 12.7%; it does not specify their distribution by region. [T16191004] The FY2025 Integrated Report lists offices in 22 countries and regions; examples of overseas locations include New York, London, and Hong Kong. [https://www.daiwa-grp.jp/english/ir/toolkit/annualreport/pdf/ar2025/ar2025e_18.pdf][https://www.hk.daiwacm.com/globalnetwork2.html]\n[P141633311][P141633345][T16194369][T16191004][https://www.daiwa-grp.jp/english/ir/toolkit/annualreport/pdf/ar2025/ar2025e_18.pdf][https://www.hk.daiwacm.com/globalnetwork2.html]", "updatedAt": "2026-10-02T11:34:43.387335Z" }, { "type": "SEGMENTS", "text": "Daiwa Securities Group reports three principal business segments: Wealth Management (WM), Asset Management (AM), and Global Markets & Investment Banking (GM&IB). For the fiscal year ended March 31, 2026 (FY2025 in the company’s reporting), their shares of consolidated net operating revenue were approximately 41.1% (¥295.8 billion), 15.5% (¥111.9 billion), and 35.7% (¥257.4 billion), respectively. Other/Adjustments accounted for the remaining 7.7% (¥55.3 billion) of the ¥720.4 billion total. Shares are calculated from the reported revenue figures. [T16194350]\n\nWM focuses on customer wealth management and asset consulting, including securities, cash, real estate, wealth preservation, and succession planning. [P141625825] AM manages investment products and assets across traditional and alternative areas, including investment trusts, real estate, venture capital, private equity, and solar projects. [P141626115][P141626156]\n\nGM&IB comprises two reported components: Global Markets (GM), which conducts securities sales and trading for institutional investors, and Global Investment Banking (GIB), which provides securities underwriting and M&A advisory services. In FY2025, GM generated ¥168.5 billion in net operating revenue and GIB ¥88.9 billion—approximately 23.4% and 12.3% of group revenue, respectively. [P141626206][T16194350][T16194351] The company also presents sub-business breakdowns within segments; these should not be counted as additional top-level segments. [P141648645]\n[T16194350][P141625825][P141626115][P141626156][P141626206][T16194351][P141648645]", "updatedAt": "2026-10-02T11:34:43.387335Z" }, { "type": "HISTORY", "text": "Daiwa Securities Group traces its origins to Fujimoto Bill Broker, established in Osaka in 1902. Fujimoto Securities merged with Nippon Trust Bank in 1943 to form Daiwa Securities Co. Ltd. [P141625776][P141625797] The company became a comprehensive securities firm in 1968 and listed on the Tokyo, Osaka and Nagoya exchanges in 1970. [P141625789][P141625787]\n\nDaiwa expanded its international activities through landmark roles in yen and Euro-yen bond markets from the 1970s into the 1980s. [P141625790][P141625791] In 1999, it shifted to a holding-company structure. [https://www.daiwa-grp.jp/english/faq/faq_01.html] It subsequently added new businesses, including Fintertech in 2018 and CONNECT in 2019. 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