27/3 Q1 results: Company raises guidance: Also announces ¥50.0bn share buyback

研报英文原文证据摘录

27/3 Q1 results: Company raises guidance: Also announces ¥50.0bn share buyback

hat he/she has paid in the course of the transaction. Similarly, the

amount the protection seller pays in the event of a credit event may exceed the total amount of premiums that he/she has received in the

transaction. All other conditions being equal, the amount of premiums that the protection buyer pays and that received by the protection seller

shall differ. In principle, CDS transactions will be limited to financial instruments business operators and qualified institutional investors.

Transfers of equities to another securities company via the Japan Securities Depository Center are subject to a transfer fee of up to ¥11,000

(tax included) per issue transferred depending on volume. No account fee will be charged for marketable securities or monies deposited.

Nomura Securities Co., Ltd.

Financial instruments firm registered with the Kanto Local Finance Bureau (registration No. 142)

Member associations: Japan Securities Dealers Association; Investment Management Association of Japan; The Financial Futures Association

of Japan; Type II Financial Instruments Firms Association; and Japan Security Token Offering Association.

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not limited to, Conflicts of Interest, Chinese Wall and Confidentiality policies) as well as through the maintenance of Chinese Walls and

employee training.

Additional information regarding the methodologies or models used in the production of any investment recommendations contained

within this document is available upon request by contacting the Research Analysts of Nomura listed on the front page. Disclosures