DOCSLIB.ORG

Value Creation the Customer’S First Choice ESG HR Strategy Quality No.1 Building Trust Becoming Our Customers’ Best Partner Corporate Summary Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Value Creation the Customer’S First Choice ESG HR Strategy Quality No.1 Building Trust Becoming Our Customers’ Best Partner Corporate Summary Contents Integrated Report Year ended March 31, 2017 2017Value Creation The Customer’s First Choice ESG HR Strategy Quality No.1 Building Trust Becoming Our Customers’ Best Partner Corporate Summary Contents 2 To Our Stakeholders 8 Daiwa Securities Group FY2016 Forward-Looking Statements This Integrated Report contains forward-looking statements 4 Daiwa Securities Group’s 10 Daiwa Securities Group’s Businesses about the Daiwa Securities Group. You can identify these Value Creation Process 12 Domestic and Overseas Network statements by the fact that they do not relate strictly to historic 6 Corporate History or current facts. These statements discuss future expectations, 14 Consolidated Financial and identify strategies, contain projections of results of operations Non-Financial Highlights or of financial condition, or state other “forward-looking” information. These statements are based on currently available information and represent the beliefs of the management of 16 Interview with New CEO 30 Strategies by Division the Daiwa Securities Group. These statements are subject to Seiji Nakata 31 Retail Division numerous risks and uncertainties that could cause the Daiwa Securities Group’s actual results, performance, achievements 28 Message from the CFO 34 Wholesale Division Business Strategy or financial condition to differ materially from those described 37 Asset Management Division or implied in the forward-looking statements. The Daiwa 40 Investment Division Securities Group undertakes no obligation to publicly update any forward-looking statements after the date of issuance of 41 Other this report. These potential risks and uncertainties include, but —Daiwa Institute of Research Group are not limited to: competition within the financial services —Daiwa Next Bank industries in Japan and overseas, our ability to adjust our business focus and to maintain profitable strategic alliances, 42 Initiatives That Utilize FinTech volatile and sudden movements in the international securities markets, and foreign exchange and global economic situations affecting the Daiwa Securities Group. “FY2016” refers to the fiscal year ended March 31, 2017, and other fiscal years are referred to in a corresponding manner. Daiwa Securities Group’s ESG Approach Daiwa Securities Group’s External Evaluation 44 Special Dialogue 54 Impact Investment Initiatives ESG Index Selection —The Corporate Governance Built 55 Renewable Energy Initiatives Daiwa Securities Group Inc. has been selected for inclusion in by Daiwa Securities Group the Dow Jones Sustainability World Index, the FTSE4Good 56 CSR of Daiwa Securities Group 49 Daiwa Securities Group’s Human Index and the FTSE Blossom Japan Index. Resource Development and Support Systems 53 Initiatives to Promote Economic/ Financial Education 58 Corporate Governance 58 Corporate Governance System 68 Disclosure Participation in International Initiatives Management Systems 62 Directors (Members of the Board) 69 IT Strategy and the Management In January 2010, the Daiwa Securities Group became the first 64 Messages from Outside Directors of Systemic Risk securities company in Japan to sign the United Nations Global Compact (UNGC). The Group is also a signatory to the Carbon 66 Corporate Executive Officers 70 Risk Appetite Framework Disclosure Project (CDP) and the Principles for Responsible 67 Compliance 71 Risk Management Investment (PRI). Financial Section / Other Information 75 Financial Section 178 Other Information 76 Twelve-Quarter Financial Summary 179 Daiwa Securities Group Inc. 78 Management’s Discussion Corporate Data and Analysis 179 Stock Information 86 Consolidated Financial Statements 180 Officers 181 Domestic Group Companies 182 Overseas Group Companies Daiwa Securities Group Integrated Report 2017 Corporate Principles Corporate Principles of the Daiwa Securities Group Building trust Contributing to society The trust and approval of customers form the very The Daiwa Securities Group will seek to benefit the foundation of the Daiwa Securities Group. The Group economy and society through the development of will always place the needs of customers first, and healthy financial markets. In addition to scrupulously strive to develop the advanced, specialized skills to observing both regulations and internal policies, the offer them the most attractive products and services Group will strive to maintain a high sense of morality and of any securities group. duty, endeavoring to continue contributing to the sustainable growth of the societies in which we operate. Placing importance on personnel Maintaining healthy earnings results The source of the Group’s competitiveness lies in the The Group will always seek to develop healthy capabilities of its employees. The Group will promote business operations and to increase corporate value the creativity of employees by offering them a for the benefit of shareholders. By providing challenging and self-directed working environment customers with attractive products and services, the that encourages their abilities and appropriately Daiwa Securities Group will seek to generate strong rewards their contributions. profits and healthy returns for shareholders. Editorial Policy Publication of Daiwa Securities Group Integrated Report 2017 Daiwa Securities Group has formulated and published the corporate principle which consists of four components: “building trust,” “placing importance on personnel,” “contributing to society,” and “maintaining healthy earnings results.” This corporate principle is the bedrock from which we aim to increase corporate value over the longer term, by managing operations with an eye on creating value for our stakeholders, while fulfilling our responsibilities to society as a major player in capital markets. Daiwa Securities Group believes its social mission is to contribute to the development of society and the economy through participation in financial and capital markets, by bringing together the fund management needs of individuals, corporations and institutional investors and the operating fund procurement needs of companies, national and local governments, public institutions, and international institutions. To deepen understanding of the corporate activities of Daiwa Securities Group, we have published an integrated report. As the Company’s 115th anniversary since its foundation, FY2017 is a milestone year for Daiwa Securities Group. In line with this history, the Group has established a unique corporate culture. Under a management structure that was renewed in April 2017, Daiwa Securities Group has put together an integrated report that provides details of its growth measures, including both the corporate culture and DNA that the Company has nurtured over many years as well as the Group’s efforts to establish a robust structure through the expansion of stable revenues. At the same time, the Integrated Report outlines details of the Company’s management policy in FY2017. In order to upgrade and expand the disclosure of non-financial information, a special feature on the Group’s environmental, social, and governance (ESG) initiatives has been included in the report. We hope you find this information beneficial. Information about our Corporate Social Responsibility initiatives is available on the Group’s CSR website and in the annual CSR Report, which can be downloaded in PDF format from the CSR website. Seiji Nakata President and CEO Daiwa Securities Group Inc. CSR website: http://www.daiwa-grp.jp/english/csr/index.html CSR Report: http://www.daiwa-grp.jp/english/csr/report/archives/index.html Daiwa Securities Group Integrated Report 2017 1 To Our Stakeholders To Our Stakeholders Takashi Hibino Seiji Nakata 2 Daiwa Securities Group Integrated Report 2017 Daiwa Securities Group Integrated Report 2017 Corporate Summary Providing the Industry’s Highest Quality to Become the Customer’s First Choice Securities Group At the end of the fiscal year under review, Daiwa earnings. At the same time, a succession of policies is Securities Group completed the second year of its being implemented by the Japanese government to Medium-Term Management Plan, entitled “Passion for promote the transition “from savings to investments.” the Best” 2017, a three-year plan that commenced in This includes the introduction of Junior NISA*1 and FY2015. From a performance perspective, Daiwa efforts to upgrade and expand the iDeCo*2 plan. Business Strategy Securities Group reported consolidated net operating Under these circumstances, Daiwa Securities Group revenues of ¥472.7 billion, ordinary income of ¥135.6 put in place a new management structure which took billion, and profit attributable to owners of parent effect from April 2017. Under this new management company of ¥104.0 billion for FY2016. structure, Takashi Hibino, who was president and CEO, FY2016 saw various events that significantly has assumed the position of Chairman of the Board, impacted the global economy while overturning and replaced by Seiji Nakata. preconceived assumptions. These events included the As stated in the corporate principle, the trust and decision by the U.K. to withdraw from the European approval of customers form the very foundation of the ESG Approach Daiwa Securities Group’s Union and the presidential election in the U.S. Against Daiwa Securities Group and the basis for every action the backdrop of a rapidly changing market taken. While faithfully observing this corporate environment, the Retail Division continued to confront principle, we will continue to evolve and promote harsh operating
Load more

Recommended publications
  • Copyright © Japan Credit Rating Agency, Ltd. All Rights Reserved
    19-D-1254 March 27, 2020 Green Loan Evaluation by Japan Credit Rating Agency, Ltd. Japan Credit Rating Agency, Ltd. (JCR) announces the following Green Loan Evaluation Results. JCR Assigned Green 1 to Daiwa Green Finance Program Trust ABL for Iwamizawa and Kushiro Solar Power Generation Facilities Daiwa Green Finance Program Trust ABL Subject : (Iwamizawa and Kushiro Solar Power Generation Facilities) Type : ABL Amount : JPY 2.2 billion Date of Loan Execution : March 27, 2020 Final Repayment Date : June 30, 2036 Redemption Method : Schedule repayment Use of Proceeds : Funds for the acquisition of solar power generation facilities <Green Loan Evaluation Results> Overall evaluation Green 1 Greenness Evaluation g1 (use of proceeds) Management, Operation and m1 Transparency Evaluation Chapter 1: Evaluation Overview Daiwa Energy & Infrastructure Co. Ltd. (the “Company”), a wholly owned subsidiary of Daiwa Securities Group Inc., was established to support the creation of future societies by promoting energy investments and loans based on SDGs and technology. The Company started operations in 2018 with the Energy Investment Division of Daiwa PI Partners Co. Ltd. as its predecessor. The Company aims to provide "new value" and contribute to SDGs by investing in renewable energy, infrastructure, and resources. As of September 2019, about 50% of the Company’s investments are renewable energy, including domestic and overseas solar power generation facilities. The Company intends to continue to actively invest in this field. To date, it has developed approximately 103MW of solar power generation facilities and 13MW of biomass power plants and all completed renewable energy projects have been operating stably. The environmental initiatives through renewable energy have been steadily implemented.
    [Show full text]
  • Business Strategy
    Corporate Summary Executive Messages Business Strategy Summary of the Daiwa Securities Group’s Medium-Term Management Plan Business “Passion for the Best” 2014 14 Strategy Interview with the CEO 16 Message from the COO 20 Management Systems At a Glance 22 Retail Division 24 Wholesale Division 26 Asset Management Division 28 Investment Division 30 IT/Think Tank Division 31 Financial Section Other Information Daiwa Securities Group Annual Report 2013 13 Summary of the Daiwa Securities Group’s Medium-Term Management Plan “Passion for the Best” 2014 Daiwa Securities Group Management Vision • To become Asia’s leading financial services firm possessing and leveraging a solid business platform in Japan • Establish a robust business structure capable of securing profit even under stressful economic conditions Daiwa Securities Group Basic Management Policy • Achieve sustainable growth by linking Japan and the growth of Asia Outline of Medium-Term Management Plan • Establish a robust business structure immune to the external environment and aspire to achieve sound growth based on a new growth strategy “Passion for the Best” 2014 Milestones FY2012 Turnaround FY2013 Growth Management Targets Consolidated Ordinary Income [Initial FY] Return to Profitability Basic Policy I: Return to profitability by pursuing management efficiencies (Focus of execution in the first fiscal year) R Steadily implement the plan to reduce SG&A R Realize greater organizational efficiencies by shifting personnel from the middle and back offices to the front divisions Basic
    [Show full text]
  • Published on July 21, 2021 1. Changes in Constituents 2
    Results of the Periodic Review and Component Stocks of Tokyo Stock Exchange Dividend Focus 100 Index (Effective July 30, 2021） Published on July 21, 2021 1. Changes in Constituents Addition（18） Deletion（18） CodeName Code Name 1414SHO-BOND Holdings Co.,Ltd. 1801 TAISEI CORPORATION 2154BeNext-Yumeshin Group Co. 1802 OBAYASHI CORPORATION 3191JOYFUL HONDA CO.,LTD. 1812 KAJIMA CORPORATION 4452Kao Corporation 2502 Asahi Group Holdings,Ltd. 5401NIPPON STEEL CORPORATION 4004 Showa Denko K.K. 5713Sumitomo Metal Mining Co.,Ltd. 4183 Mitsui Chemicals,Inc. 5802Sumitomo Electric Industries,Ltd. 4204 Sekisui Chemical Co.,Ltd. 5851RYOBI LIMITED 4324 DENTSU GROUP INC. 6028TechnoPro Holdings,Inc. 4768 OTSUKA CORPORATION 6502TOSHIBA CORPORATION 4927 POLA ORBIS HOLDINGS INC. 6503Mitsubishi Electric Corporation 5105 Toyo Tire Corporation 6988NITTO DENKO CORPORATION 5301 TOKAI CARBON CO.,LTD. 7011Mitsubishi Heavy Industries,Ltd. 6269 MODEC,INC. 7202ISUZU MOTORS LIMITED 6448 BROTHER INDUSTRIES,LTD. 7267HONDA MOTOR CO.,LTD. 6501 Hitachi,Ltd. 7956PIGEON CORPORATION 7270 SUBARU CORPORATION 9062NIPPON EXPRESS CO.,LTD. 8015 TOYOTA TSUSHO CORPORATION 9101Nippon Yusen Kabushiki Kaisha 8473 SBI Holdings,Inc. 2.Dividend yield (estimated) 3.50% 3. Constituent Issues (sort by local code) No. local code name 1 1414 SHO-BOND Holdings Co.,Ltd. 2 1605 INPEX CORPORATION 3 1878 DAITO TRUST CONSTRUCTION CO.,LTD. 4 1911 Sumitomo Forestry Co.,Ltd. 5 1925 DAIWA HOUSE INDUSTRY CO.,LTD. 6 1954 Nippon Koei Co.,Ltd. 7 2154 BeNext-Yumeshin Group Co. 8 2503 Kirin Holdings Company,Limited 9 2579 Coca-Cola Bottlers Japan Holdings Inc. 10 2914 JAPAN TOBACCO INC. 11 3003 Hulic Co.,Ltd. 12 3105 Nisshinbo Holdings Inc. 13 3191 JOYFUL HONDA CO.,LTD.
    [Show full text]
  • Asset Management ････ 29
    Spring 2008 Daiwa Securities Group Business Strategy This presentation may contain forward-looking statements about the Daiwa Securities Group. You can identify these statements by the fact that they do not relate strictly to historic or current facts. These statements discuss future expectations, identify strategies, contain projections of results of operations or of financial condition or state other “forward-looking”information. These statements are based on currently available information and represent the beliefs of the management of the Daiwa Securities Group. These statements are subject to numerous risks and uncertainties that could cause the Daiwa Securities Group’s actual results, performance, achievements or financial condition to differ materially from those described or implied in the forward-looking statements. The Daiwa Securities Group undertakes no obligation to publicly update any forward-looking statements after the date of this presentation. These potential risks and uncertainties include, but are not limited to: competition within the financial services industries in Japan and overseas, our ability to adjust our business focus and to maintain profitable strategic alliances, volatile and sudden movements in the international securities markets, foreign exchange and global economic situations affecting the Daiwa Securities Group. Contents FY07 Financial Summary ････ 3 FY08 Business Strategies Retail ････ 8 Wholesale / Investment ････ 20 Asset Management ････ 29 Topics ････ 32 Dividend Policy ････ 35 2 FY07 Financial
    [Show full text]
  • The Daiwa Securities Group: Present and Future
    Daiwa Securities Group Annual Report 2006 The Daiwa Securities Group: Present and Future 12 What are the features of the business structure Q.01 at the Daiwa Securities Group? 14 What strengths does Daiwa Securities capitalize on to win the battle Q.02 for individual financial assets? 16 What are the distinguishing features and strengths of Q.03 Daiwa Securities’ online strategy? 18 What are Daiwa Securities SMBC’s strengths in Q.04 the wholesale securities business? 11 20 What are the Group’s current activities and future strategies Q.05 for the principal investment business? 22 What plans are in place for the alliance with Q.06 Sumitomo Mitsui Financial Group? 24 Q.07 What are the capital allocation and dividend policies? 26 Q.08 What are the plans for new businesses? 28 Group’s New Medium-term Management Plan: “Passion for the Best 2008” The Daiwa Securities Group: Present and Future What are the features of the business structure Q. 01 at the Daiwa Securities Group? A. Business Structure Overview The Daiwa Securities Group is a full line securities group of companies providing diversified financial services under a holding company structure. Daiwa Securities Group Inc. is a pure holding company that coordinates the Group’s overall operations. The Group is engaged in four core businesses: retail securities, wholesale securities, asset management, and investment. Each of these core businesses and other businesses supporting them is led by independent companies in the Group. Daiwa Securities handles the Group’s retail securities business. Serving mainly Japanese individuals and unlisted companies, it provides financial products and services via a domestic network of 117 branches (as of September 4, 2006), as well as online and the call center.
    [Show full text]
  • 3 Year Target
    Mar. 10, 2010 Daiwa Investment Conference Tokyo 2010 Daiwa Securities Group Business Strategy Shigeharu Suzuki, President and CEO Daiwa Securities Group Inc. This presentation may contain forward-looking statements about the Daiwa Securities Group. You can identify these statements by the fact that they do not relate strictly to historic or current facts. These statements discuss future expectations, identify strategies, contain projections of results of operations or of financial condition or state other “forward-looking”information. These statements are based on currently available information and represent the beliefs of the management of the Daiwa Securities Group. These statements are subject to numerous risks and uncertainties that could cause the Daiwa Securities Group’s actual results, performance, achievements or financial condition to differ materially from those described or implied in the forward-looking statements. The Daiwa Securities Group undertakes no obligation to publicly update any forward-looking statements after the date of this presentation. These potential risks and uncertainties include, but are not limited to: competition within the financial services industries in Japan and overseas, our ability to adjust our business focus and to maintain profitable strategic alliances, volatile and sudden movements in the international securities markets, foreign exchange and global economic situations affecting the Daiwa Securities Group. Contents Current situation of Daiwa Securities Group after the dissolution of JV with
    [Show full text]
  • Review of Operations
    daiwa securities group annual report 2009 Review of Operations 21 The Business Environment for the Daiwa Securities Group 24 Retail 24 Daiwa Securities 30 Wholesale & Investment 30 Daiwa Securities SMBC 36 Daiwa Securities SMBC Principal Investments 38 Daiwa SMBC Capital 39 Asset Management 39 Daiwa Asset Management 43 Daiwa SB Investments 45 Research, Consulting and Systems 45 Daiwa Institute of Research Holdings 20 Review of Operations The Business Environment for the Daiwa Securities Group Daiwa Securities Group: Consolidated Ordinary Income and TOPIX (¥ billion) (Points) 300 3,000 200 2,000 100 1,000 Deflationary Public funds injected Deflation ends/ Sub-prime loan problem/ IT bubble economy into Resona Bank economic recovery financial crisis 0 0 –100 –200 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 (Fiscal year) ■ Consolidated ordinary income (left) ■■ TOPIX (right) Impact of the Sub-Prime Loan Issue assets, so the latent risk contained in the overall system steadily increased. Since the sub-prime loan crisis in the US began to emerge, it has grown When they created securitized products from sub-prime loans, the invest- steadily in severity, creating huge losses at many financial institutions and ment banks were able to diversify the risk of the original loans, package eventually triggering a global financial and economic crisis. The roots of this them, and thereby create financial products that earned very high credit rat- financial crisis can be traced to a decision, by major investment banks in the ings. Essentially, these institutions were generating profits by spreading the US and Europe, to alter their business models.
    [Show full text]
  • FY2020 Management Strategy
    Daiwa Securities Group Inc. FY2020 Management Strategy May 21, 2020 Seiji Nakata, President and CEO Daiwa Securities Group Inc. These materials were produced to provide information on results through the forth quarter of FY2019 and the management’s vision for the future. They are not intended as a solicitation for investment in securities issued by Daiwa Securities Group Inc. These materials were produced based on information that was disclosable as of May 21, 2020. The opinions, forecasts, and other forward-looking statements in these materials are based on the company’s judgment at the time they were produced, and Daiwa Securities Group Inc. makes no guarantees in regard to the accuracy and completeness of the information contained herein. This information may also be revised without prior notice in the future. FY2020 Management Strategy Table of Contents Ⅰ - Overview of Year 2 of the Medium-Term Management Plan・・・・ 3 Ⅱ - Progress on Division Strategy & Future Initiatives・・・・ 11 Ⅲ - Finance and Capital Strategy・・・・ 25 Ⅳ - In Conclusion・・・・ 28 Appendix ・・・・ 32 Ⅰ- Overview of Year 2 of the Medium-Term Management Plan Ⅰ- Overview of Year 2 of the Medium-Term Management Plan Our Response to COVID-19 Daiwa Securities Group would like to express its sympathy to all those affected by COVID-19. We will act together as a group to fight against social turmoil caused by the COVID-19 outbreak and contribute for social/economic recovery and further development. Daiwa Securities Group established Crisis Management Headquarters (Head: Seiji Nakata
    [Show full text]
  • 32 Retail 37 Wholesale 43 Asset Management 50 Investment 56 Group Support
    Review of Operations 32 retail 37 wholesale 43 asset management 50 investment 56 group support DaiwaDaiwa Securities Securities Group Group Annual Annual Report Report 2008 2008 31 RETAIL DAIWA SECURITIES CO. LTD. Daiwa Securities oversees the Group’s retail securities operations, providing top-quality products and services to a multitude of customers from individuals to smaller, unlisted companies. To better serve the varying needs of customers, the company has developed two main service courses—the “Daiwa Consulting Course,” in which sales personnel offer high value-added support, and the “Daiwa Direct Course,” a highly convenient service provided through a call center and the Internet. Daiwa Securities tries to make optimal use of the Group’s extensive resources. One of its greatest strengths is the fact that customers can receive support through a variety of channels: sales offices, the call center and Internet sites. By earning the trust of customers and stimulating the dedication of employees, Daiwa Securities aims to become “Japan’s best securities house.” Financial Summary for Daiwa Securities (Millions of yen) FY 2005 FY 2006 FY 2007 Net Operating Revenues ¥257,988 ¥229,171 ¥224,010 Ordinary Income 101,057 74,477 71,026 Net Income 58,174 43,468 41,009 ROE 25.9% 17.6% 16.2% Daiwa Securities: Customer Assets Under Custody (¥ trillion) 40- 32.3 32.8 30.1 29.1 28.8 30- 25.7 23.2 20- 10- 0- 3/05 9/05 3/06 9/06 3/07 9/07 3/08 (Month-end/year) — Equities — Domestic bonds — Foreign currency-denominated bonds — Equity investment trusts — Bond investment trusts — Pension insurance — Others 32 Daiwa Securities Group Annual Report 2008 Business Environment Earnings Results for FY 2007 In the latter half of FY 2007, the sub-prime loan crisis in the US cre- In FY 2007, net operating revenues at Daiwa Securities declined by ated turmoil in financial and capital markets worldwide.
    [Show full text]
  • Management Systems and CSR Activities
    Management Systems and CSR Activities p48 Top Management p58 Risk Management p50 Corporate Governance p62 Financial Strategy p52 Corporate Governance Committee System p63 Human Resource Management p53 Compliance p66 CSR Initiatives p54 IT Strategy and Information Security p56 Disclosure DAIWA SECURITIES GROUP ANNUAL REPORT 200 47 Management S ystems and CSR A c t i v i t i e s Top Management Directors Executive Officers Chairman of the Board Shigeharu Suzuki Shin Yoshidome President and CEO Deputy President and COO Akira Kiyota Head of Retail (Representative) President, Daiwa Securities Head of Wholesale Co. Ltd. President, Daiwa Securities Directors Capital Markets Co. Ltd. Shigeharu Suzuki Shin Yoshidome 19 Joined Daiwa Securities Co. Ltd. 19 Joined Daiwa Securities Co. Ltd. 1997 Director, Chief Corporate Institutions Officer 2000 Deputy Head of Nagoya Branch, Daiwa SBCM Co. Ltd. Takashi Hibino 1998 Managing Director (currently Daiwa Securities Capital Markets Co. Ltd.) 2001 Senior Managing Director 2001 Executive Officer Makoto Shirakawa 2002 Senior Managing Director, Daiwa Securities SMBC Co. Ltd. 2004 Senior Executive Officer (currently Daiwa Securities Capital Markets Co. Ltd.) Managing Director 2003 Representative Senior Managing Director 2006 Director and Corporate Executive Nobuyuki Iwamoto 2004 Director, President and CEO, Vice President, Daiwa Securities Group Inc. Daiwa Securities Group Inc. Representative Senior Managing Director, Takatoshi Wakabayashi Head of Retail Daiwa Securities SMBC Co. Ltd. President, Daiwa Securities Co. Ltd. (currently Daiwa Securities Capital Markets Co. Ltd.) Kazuo Oda 2007 Director, Deputy President and COO, (Representative) Daiwa Securities Group Inc. Head of Wholesale Saburo Jifuku President, Daiwa Securities SMBC Co. Ltd. Tetsuro Kawakami Ryuji Yasuda Takashi Hibino Makoto Shirakawa Deputy President Deputy President Koichi Uno Deputy Head of Wholesale Deputy Head of Retail Deputy President, Daiwa Deputy President, Daiwa Nobuko Matsubara Securities Capital Markets Co.
    [Show full text]
  • Business Strategy Business Strategy Management Systems Disclosure
    13 14 Plans and Progress under the Medium-Term Corporate Summary Management Plan – “Passion for the Best” 2014 18 Interview with the CEO 23 Message from the COO 24 At a Glance 26 Retail Division 28 Wholesale Division 30 Asset Management Division Our Stakeholders To 32 Investment Division 33 Other Business Strategy Business Strategy Management Systems Disclosure Daiwa Securities Group Annual Report 2014 14 Business Strategy Plans and Progress under the Medium-Term Management Plan – “Passion for the Best” 2014 Plans and Progress under the Medium-Term Management Plan – “Passion for the Best” 2014 Outline of Medium-Term Management Plan “Passion for the Best” 2014 Establish a robust business structure immune to the external environment and aspire to achieve sound growth based on a new growth strategy Milestones FY2012 Turnaround FY2013 Growth FY2014 Expansion I Return to profitability by pursuing management efficiencies (Focus of execution in the first fiscal year) Steadily implement the plan to reduce SG&A Realize greater organizational efficiencies by shifting personnel from the middle and back offices to the front divisions Basic Policies for Medium-Term II Achieve client-based high-quality earnings growth Management Plan Drastically expand our client base in Japan by investing management resources in the Retail and Asset Management businesses —Expand stable earnings by increasing investment trusts and deposit balances— Strengthen revenue capacity centered around the launch of the “new” Daiwa Securities —Step up approaches to high net worth
    [Show full text]
  • Review of Operations P28 at a Glance P30 in the Industry P32 Retail P36 Wholesale P40 Investment P42 Asset Management P46 Systems and Research
    Review of Operations p28 At a Glance p30 In the Industry p32 Retail p36 Wholesale p40 Investment p42 Asset Management p46 Systems and Research DAIWA SECURITIES GROUP ANNUAL REPORT 200 2 R e v i e w o f O p e r at i o n s At a Glance: Core Business Segments of the Daiwa Securities Group Retail Ordinary Income (¥ billion) 120 101.0 The Group’s retail securities firm boasts a top-class customer base in Japan, to which it provides a wide range of financial products and ser- 80 74.4 71.0 vices, mainly to individual investors and unlisted companies. One of the company’s advantages in the retail market is its ability to provide custom- 7.3 ers with two in-house customer service courses. Its “Daiwa Consulting” 40.4 40 course provides access to sales personnel that offer high value-added ser- vices, while its “Daiwa Direct” course provides highly convenient online 18.3 brokerage services. 0 05 06 07 08 09 (Fiscal year) Wholesale Ordinary Income (¥ billion) 200 141.5 With a global network based on domestic and overseas operating offices, 100 92.8 68.7 the Group’s wholesale securities firm‘s customer base comprises Japanese and foreign institutional investors, business corporations, and financial ser- 1.4 vices companies. The company offers a broad range of services to suit the 0 needs of its customers, including sales and trading, investment banking, and research. -100 -200 -167.4 05 06 07 08 09 (Fiscal year) Investment Daiwa PI Partners makes selective investments in such areas as monetary Daiwa Corporate Investment operates venture capital, buyout investment claims and private equity.
    [Show full text]