Nomura Research Institute, Ltd.,(NRI: Tokyo, Akihisa Fujinuma, President, CEO & COO) announced to establish a subsidiary -Nomura Research Institute Shanghai Limited (Hiroshi Matsuno, President)- to make inroads into the consulting market in China.

With the expansion of Japanese businesses, demands for consulting and systems solution services targeting the Chinese market are expanding. NRI has been responding to such demands with its Asian branches: Nomura Research Institute Hong Kong Limited and Taipei Branch. By establishing the subsidiary in Shanghai, direct and more efficient services will be offered in China.

Nomura Research Institute Shanghai Limited is invested 100% by NRI, and will start its service in business management consulting and systems consulting, with approximately 10 consultants in this summer. The planned annual sales are between 500 and 1000 million yen in five years. Systems solution and operation services are planned to offer after the continuous feasibility of consulting business is evaluated.

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[Inquiries regarding this news release]
Corporate Communications Department,
Nomura Research Institute
Phone: +81-3-5255-1981
Email: kouhou@nri.co.jp

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