Brief introduction of Daiwa Securities Group

1983, Daiwa Securities entered China and started business in China. 1April 1999, the company was split and became the first listed company in Japan to establish a group holding system. Among the subsidiaries of Daiwa Securities Group, Daiwa Securities mainly provides personal securities business services to individuals and unlisted legal persons; Daiwa Securities SMBC (joint venture with Sumitomo Mitsui FG) mainly provides large-scale wholesale securities business such as capital operation and investment banking for domestic and foreign corporate customers. In addition, some subsidiaries provide services such as asset management, investment business, research, consulting and system business. By providing domestic and foreign customers with comprehensive financial services generated by close cooperation between these subsidiaries, the value of group enterprises will be enhanced. By the end of March 2006, the Group had employees 1256 1 person, operating income of 845.6 billion yen and total assets1489.88 billion yen.