Asset Management Division May 10, 2010 Atsushi Yoshikawa Nomura - PowerPoint PPT Presentation

Asset Management Division Asset Management Division May 10, 2010 Atsushi Yoshikawa Nomura Asset Management CEO

FY 2009 in Review  Gradual Recovery from the Financial Crisis Public Investment Trust Net Asset Inflow (ex. ETF) Division’s AUM and Income Pretax (¥ bil.) (¥ Tri.) Income(¥100mil.) 400 30.0 120 200 200 25.0 80 0 20.0 40 (200) 15.0 0 (400) (600) 10.0 -40 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2007 FY2008 FY2009 FY2007 FY2008 FY2009 2

Go Back to Basics  Generate “ α ” in our actively managed products  Anticipate and respond to the needs of our clients  Anticipate and respond to the needs of our clients  Operate with a global perspective 3

New Structure Business Units Operated according to Client Segments  Provide services with strong expertise in key areas of business responsibility  Maximize investment performance potential; Appoint CIO and Asset Class CIOs  Enhanced cooperation between Investment and Research Division and both Client Divisions to promote further business development <New Structure> <Previous Structure> Global Institutional Investment and Investment Research Div. Client Clients Div. and Services CIO Research Div. Div. Asset Class CIO Retail Clients Div. (EQ, FI) 4

What We Envision ”World-Class” Asset Management Firm Establish a Strong Competitive Edge in Japan and Asia Deliver Competitive Asia/Japan Investment Products Globally Deliver Wide Range of Products to Asian/Japanese Investors 5

Investment Management in Japan Public Investment Trust Mkt. (Mar 2010) 1,2 Household Financial Assets (Dec 2009) Nomura 20.3% Other 26.4% Company I 2.4 % Company H Company A Fixed Income 2.7% Investment 14.4% Company G Cash/ 2.6% Other Trusts 2.8% Deposit Company F 4.4% Company B 3.6% Company C p y 3.1% 3.1% Company E Company E 9 7% 9.7% 55 2% 55.2% Company D Company D Equity E i 3.2% 8.6% 6.6% 6.6% NAM’s Share in Bank Sales 1,2 Pension Fund 1,456 Tri.Yen (Yen Tr.) 12.5% 40 7.0% 6.0% 30 5.0% 4.0% 20 3.0% Insurance 2.0% 10 /Trust 1.0% 15.1% 0 0.0% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q1Q 2Q 3Q 4Q FY2006 FY2007 FY2008 FY2009 Source: Bank of Japan 1. Nomura, based on data from The Investment Trust Association, Japan 6 2. AUM for Nomura shown as NAM only

Delivering the World‘s Best Products to Japan Retail Clients Best Products Nomura Asset Management NFR&T 7

A Strong Competitive Edge in Japan and Asia Change in NAV Ratio by Region 1990 2000 2009 100% Europe/Middle East/Africa  EMEA : 27.2% 33.4% 30.0% 80%  Americas Americas : 37.1% : 37.1% 51.4% 49.2% 51.4% 49.2% 60% Americas  Asia ex. Japan : 5.7% 5.0% 12.3% 40%  Japan : 30.1% 10.1% 8.4% 20%  Asia incl. Japan : 35.8% 15.1% 20.7% 0% 1990 1995 2000 2005 2006 2007 2008 2009 Japan Asia ex. Japan Source: NRI 8

Recent Awards Received Japan Outside Japan  Morningstar Award “Fund of the Year 2009”  Asian Investors Balanced Funds Investment Performance Awards 2009 •Nomura Global Six Assets Diversified Fund •Japan ETF •Japan Onshore Fund House (Profit Distribution Type) •Hong Kong Equity •Global Three Assets Balance Fund (Monthly Profit Distribution Type)  Global Pensions Award 2009 •Specialist Equities Manager of the Year  Lipper Fund Awards Japan 2010 Best Fund (3 Years) Best Fund (3 Years)  European Pensions Awards 2009 •US NASDAQ Open Course A •Emerging Markets Manager of the Year •Nomura Pictet Premium Brand Fund Course A •World Water Fund Course A  Mercer MPA (Japan) Award 2009 •Foreign Bond Active – 6 Consecutive Years Best Fund (5 Years) •Sector Index Select Funds Course G (Steel, Shipbuilding & Metals)  Pension & Investment Provider Awards 2010 •Sector Index Select Funds Course K (Wholesale Trade) •Active Asia-Pacific equity Best Fund (10 Years) •Sector Index Select Funds Course G (Steel, Shipbuilding & Metals)  NIKKEI NET ・ QUICK Fund Rankings 2009 •#1 Balanced Fund My Story Profit Distribution Type (6 times Per Year) 9

Delivering In-house Products Worldwide Institutional Institutional Japanese Equity Active Investors Investors North America Asian Equity Active Europe Portable α RAFI Nomura (Japanese Equity, UCITS Partners Global Equity) Global Equity) Funds Global Bond High Yield Products (NCRAM) Islamic Products India LIC NOMURA Institutional Australia Investors Mutual Fund Super- Asia annuation 10

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