Nomura Is No. 1 in Institutional Investor Ranking of Japan's Top Sell-Side Researchers

Mizuho, SMBC Nikko Make Major Advances in Annual Survey


NEW YORK, NY--(Marketwired - Apr 8, 2013) - Nomura Securities Co. is No. 1 on the All-Japan Research Team, Institutional Investor's annual ranking of the nation's leading sell-side analysts, for the 18th time in the past 20 years. Mizuho Securities Group and SMBC Nikko Securities make giant upward moves this year.

Complete results can be found on Institutional Investor's website.

Nomura retains the top spot even though its team position total drops by three, to 24; nonetheless, Japan's oldest brokerage widens its lead over Bank of America Merrill Lynch, which returns in second place despite a loss of six spots, for a total of 18.

Mizuho Securities Group shoots from ninth place to share the third tier with UBS; each firm captures 15 positions. For Mizuho that's a gain of eight; for UBS, whose rank is unchanged, a loss of seven. Two firms share fifth place: SMBC Nikko Securities, which tied with Barclays for the No. 12 spot in 2012, adds nine spots, bringing its total to 14. Daiwa Securities Group rises one rung even though its total holds steady.

Survey results reflect the opinions of nearly 900 individuals at 280 buy-side institutions that manage an estimated $791.75 billion in Japanese equities.

This year marks the 20th anniversary of the survey. To celebrate the occasion, II introduces the All-Japan Research Team Hall of Fame, which honors those analysts who have amassed at least ten first-place appearances.

To date, some 518 analysts have appeared on the team but only ten -- or less than 2 percent of the total -- meet the hall of fame eligibility requirements: Jun Harada, Naoto Hashimoto, Toshinori Ito, Hironari Nozaki, Toshihiko Okino, Katsushi Saito, Nobuyuki Saji, Atsushi Yamaguchi, Hidemaru Yamaguchi and Kenichiro Yoshida. Profiles of each, along with data associated with the team's 20-year history, can also be found on our website.

For more information contact Alyssa Walker at or (212) 224-3677 and for subscription information please call

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