1918 |
July |
Kawashimaya Shoten founded |
1920 |
April |
Reorganized as Kawashimaya Shoten Co., Ltd. |
June |
The former Nikko Securities Co., Ltd. established |
1943 |
September |
The former Kawashimaya Securities and Kawashimaya Shoten Co., Ltd. merged with and name changed to Kawashimaya Securities |
1944 |
April |
The Nikko Securities Co., Ltd. established |
1948 |
November |
Registered as a securities business under the Securities Exchange Law |
1949 |
April |
Became official member of Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock Exchange |
1951 |
June |
Completed registration as a securities management company under the Securities Investment Trust Law |
1961 |
October |
The Company listed its shares on the second sections of the Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock Exchange |
1970 |
February |
The Company listed its shares on the first sections of the Tokyo Stock Exchange, Osaka Securities Exchange, and Nagoya Stock Exchange (delisted in January 2008 when the Company became a wholly-owned subsidiary of Citigroup) |
1999 |
March |
Nikko Salomon Smith Barney Limited (later to become Nikko Citigroup Limited), an investment banking joint venture with Citigroup, started operations |
2001 |
March |
Nikko Securities De-merger Preparatory Company established |
October |
Nikko Securities De-merger Preparatory Company took over the entire securities business and other operations from The Nikko Securities Co., Ltd. changed its name to Nikko Cordial Securities Inc. |
The Nikko Securities Co., Ltd. was renamed Nikko Cordial Corporation as a holding company. |
2007 |
May |
Became Citigroup's subsidiary through the public offering of shares of Nikko Cordial Corporation (later becoming a wholly-owned subsidiary through a triangular share exchange) |
September |
Registered as first-class financial instrument dealer, second-class financial instrument dealer, and investment advisor/agent under the newly enforced Financial Instruments & Exchange Law. |
2008 |
January |
Registered as an investment manager under the Financial Instruments & Exchange Law |
2009 |
June |
Nikko Cordial Securities De-merger Preparatory Company Ltd. Established |
October |
Nikko Cordial Securities De-merger Preparatory Company Ltd. took over all of the operations of the former Nikko Cordial Securities Inc. and certain businesses of Nikko Citigroup Limited and was renamed Nikko Cordial Securities Inc. |
Became a member of Sumitomo Mitsui Financial Group upon the transfer of shares to Sumitomo Mitsui Banking Corporation |
2011 |
April |
Nikko Cordial Securities Inc. changed its name to SMBC Nikko Securities Inc. |
2016 |
October |
Became a wholly owned direct subsidiary of Sumitomo Mitsui Financial Group, Inc. |
2018 |
January |
Merged with SMBC Friend Securities Co. Ltd |