Nomura Holdings is one of Japan's leading financial services groups with a global presence across major markets. The company operates through four core divisions: Wealth Management, which provides asset consultation and investment services to individuals and corporations; Investment Management, which manages assets across traditional and alternative classes for institutional and individual investors and earns fees based on assets under management; Wholesale, comprising Global Markets (offering trading, sales and structuring services in fixed income and equities) and Investment Banking (providing underwriting, capital raising and M&A advisory); and Banking, which offers securities-backed loans, trust services and fund administration. Revenue is generated through recurring fees from wealth management assets, management fees from invested assets, transaction-based revenues from wholesale activities, and banking service fees.