Fitch revises outlooks on Nomura and Daiwa to stable; affirms ratings

In its latest report released on Monday, the US-based Fitch ratings upwardly revised outlooks on the Japanese entities, Nomura and Daiwa, to Stable, while affirming their ratings.

Key Details:

Affirms long-term issuer default ratings (IDRs) at A-

Nomura Holdings and its wholly owned sub Nomura Securities Ltd

Nomura Financial Products & Services Inc

Daiwa Securities Group Inc and its wholly owned sub Daiwa Securities Co Ltd