On the Inauguration of Daiwa Securities Capital Markets

Tokyo, Jan 4, 2010 - (ACN Newswire) - Daiwa Securities SMBC changed its name to Daiwa Securities Capital Markets Co. Ltd. (hereafter, "the firm") effective on January 1, 2010, and started operation today under the new name.

On December 31, 2009, following the dissolution of the joint venture agreement between Daiwa Securities Group Inc. and Sumitomo Mitsui Financial Group, Daiwa Securities Group companies acquired all shares of the firm (Shareholders: Daiwa Securities Group Inc. 99.97%, Hinode Securities Co. Ltd. 0.03%). As the wholesale arm of Daiwa Securities Group, the firm will continue to operate as an award winninginvestment bank that targets 'sustained growth based on customer trust'.

Corporate Profile
Firm Name       Daiwa Securities Capital Markets Co. Ltd.
Head Office     GranTokyo North Tower,9-1, Marunouchi 1-chome,
                Chiyoda-ku, Tokyo, Japan
President       Shin Yoshidome
Business        Sales & Trading
                Underwriting and distribution of securities
                Initial public offering
                M&A advisory
Paid-in Capital 255.7 billion Yen
Shareholders    Daiwa Securities Group Inc. 99.97%
                Hinode Securities Co. Ltd.   0.03%

About Daiwa Securities Capital Markets Co. Ltd.

The Daiwa Securities Group Inc. (TSE: 8601; ADR: DSECY) engages in Japanese domestic and international securities-related businesses including brokerage, investment banking, asset management and research/systems development. The Group presently employs approximately 12,000 employees in 16 countries. For more information, please see www.daiwa-grp.jp

Source: Daiwa Securities Capital Markets Co. Ltd.


Daiwa Securities Capital Markets Co. Ltd.

Copyright 2010 ACN Newswire. All rights reserved.

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