Brokerage Operations meet the wide-ranging needs of investors through an assortment of products, attractive commissions, and a highly reliable system. Based on indexes for number of accounts, client assets, and brokerage commission share, the Brokerage Business has earned a solid position in Japan's securities industry. Investment Banking Operations, such as underwriting for IPOs and corporate bonds, make efficient use of Brokerage Operations strengths in drawing power and sales power to steadily gain excellent results.