UPDATE 1-Japan's Daiwa invests $128 mln in marketing company as stock fee shrinks [Reuters]
DAIWA SECS GROUP S/ADR (DSEEY)
NASDAQ:AMEX Investor Relations:
daiwa-grp.jp/english/ir
Company Research
Source: Reuters
Japan's Daiwa invests $128 million in marketing company as stock fee shrinks TOKYO (Reuters) - Japan’s Daiwa Securities Group Inc ( 8601.T ) said on Thursday it would invest 14 billion yen ($128 million) in a marketing company Katana, aiming to diversify revenue sources as stock transaction fees are expected to shrink. Katana was founded in 2017 by Tsuyoshi Morioka, who helped turn around Osaka-based entertainment park Universal Studios Japan, according to the company. The move comes as Japanese securities firms, including Daiwa, have struggled with their sluggish retail business under volatile market conditions. Daiwa posted a 83.1% decline in its retail division’s recurring profit during the three months through September, while Nomura, the country’s largest brokerage and investment bank, said its pretax income for the division dropped 57% in the same period. The capital tie-up will contribute to domestic companies in terms of marketing, said Daiwa’s senior executive managing dire
Show less
Read more
Impact Snapshot
Event Time:
DSEEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DSEEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DSEEY alerts
High impacting DAIWA SECS GROUP S/ADR news events
Weekly update
A roundup of the hottest topics
DSEEY
News
- Daiwa Securities Group (TSE:8601) Announces JPY 28 Interim Dividend Amid Strong Earnings Growth [Yahoo! Finance]Yahoo! Finance
- China Solar Shares Extend Surge on Possible Production Curbs [Yahoo! Finance Canada]Yahoo! Finance Canada
- China Solar Shares Extend Surge on Possible Production Curbs [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Lithium World Asks If Surprise Mine Shutdown Can Arrest Slump [Yahoo! Finance]Yahoo! Finance