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HOME News News Release List Nomura and Nomura Research Institute Establish Joint Venture Company

News Release

Nomura and Nomura Research Institute Establish Joint Venture Company

Sep. 02, 2019

Nomura Holdings, Inc.
Nomura Research Institute, Ltd.

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Tokyo, September 2, 2019 — Nomura Holdings, Inc. and Nomura Research Institute, Ltd. (NRI) today announced that they have established a new joint venture company called BOOSTRY Co., Ltd. As announced in June this year1, the new company will make use of blockchain technology to develop a platform for exchanging securities and other rights.

The new company will bring together people from Nomura and NRI with expertise in areas such as finance, legal affairs, blockchain technology and IT solutions. Leveraging this expertise, the new company aims to build a new platform to support corporate clients with the issuance and distribution of securities and other rights.

The roles of financial institutions have been changing against the backdrop of recent technological advances and a mature society. Through its new platform, the new company will work to provide innovative financial services to meet the evolving needs of its clients.

Overview of new company

Name: BOOSTRY Co., Ltd.
Address: 2-2-2 Otemachi, Chiyoda-ku, Tokyo
Representative: President Toshinori Sasaki
Business: Develop platform for exchanging securities and other rights using blockchain technology; provision of consulting and IT services
Capital: 1,175 million yen (including capital reserves)
Established: September 2, 2019
Shareholding ratio: Nomura 66%, NRI 34%

Nomura

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking), and Merchant Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Nomura Research Institute

Founded in 1965, NRI is a leading global provider of system solutions and consulting services, including management consulting, system integration, and IT management and solutions for financial, manufacturing, retail and service industries. Clients partner with NRI to expand businesses, design corporate structures and create new business strategies. NRI has about 13,000 employees in more than 60 offices globally including New York, London, Tokyo, Hong Kong, Singapore, and Australia. NRI reports annual sales above $4.6 billion. For more information, visit https://www.nri.com/en.

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Inquiries

For further information please contact:

Kenji Yamashita
Nomura Holdings, Inc.
Group Corporate Communications Dept.
TEL: +81-3-3278-0591

Yasuo Togawa
Nomura Research Institute, Ltd.
Corporate Communications Department
TEL: +81-3-5877-7100