Nomura Makes Delaware Management Company a Wholly Owned Subsidiary

Nomura Holdings Inc. announced that Delaware Management Company (DMC) has become its specified subsidiary following the completion of Nomura's acquisition of all shares in Macquarie Group Limited's U.S. and European public asset management business. DMC, located in Wilmington, Delaware, is engaged in investment management and advisory services and has a share capital of USD 590 million. As of December 1, 2025, Nomura holds 100% of the voting rights in DMC, making it a wholly owned subsidiary. DMC’s consolidated results will be reflected in Nomura’s financial statements for the third quarter of the fiscal year ending March 2026.

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