12.08.2015 06:40:00
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Nomura Holdings, Inc. -- Moody's: Nomura and Daiwa's different strategies could lead to diverging credit profiles
Tokyo, August 12, 2015 -- Moody's Japan K.K. says that while Nomura Securities Co., Ltd. (A3 stable) and Daiwa Securities Co. Ltd. (A3 stable) have had very similar credit profiles since 2011, Daiwa's smaller scale is balanced by its strategy to retrench overseas and focus on lower-risk activities in Japan.