Nomura Holdings is a holding company. Co., through its subsidiaries, is engaged in the provision of a broad range of financial services including brokerage, trading, underwriting, M&A financial advisory services, merchant banking, and development and management of investment trusts and investment advisory services to clients such as individuals, corporations, financial institutions, governments and governmental agencies. Co.'s securities business consist of domestic retail which provides investment consultation services to retail customers and global wholesale which provides fixed income and equity trading, investment banking, and merchant banking in and outside Japan.