Tokyo Stock Exchange Imposes Disciplinary Action Against Nomura Securities Co., Ltd.

Tokyo Stock Exchange (hereinafter, "TSE") has imposed disciplinary action (fine of JPY 200 million) against Nomura Securities Co., Ltd. (hereinafter, the "Company") pursuant to the provisions of Rule 34, Paragraph 2 of the Trading Participant Regulations.

Additionally, TSE has requested the submission of a business improvement report pursuant to the provisions of Rule 19 of the Trading Participant Regulations.

The business improvement report shall include:

1. Proper implementation/promotion of measures to prevent reoccurrence in the in-company survey report.
2. Regular reporting of status of implementation of measures to prevent reoccurrence.
3. Regular inspection of the effectiveness of measures to prevent reoccurrence and reporting of such inspection results.