NOMURA INSTITUTE OF CAPITAL MARKETS RESEARCH

For the Healthy development
of Japanese capital markets

Our Institute's research is intended to be neutral,
professional and practical.

Financial and Capital Markets Research

The Nomura Institute of Capital Markets Research conducts research on medium- to long-term structural themes in the financial and capital markets under the basic principles of neutrality, professionality, and practicality.
The research is published in Japan and overseas in the Nomura Capital Markets Quarterly and on this website.

Nomura Sustainability Research Center

Based on objective and practical research conducted by members of the Nomura Institute of Capital Markets Research, the Center systematically and strategically extracts and monitors sustainability themes that are closely related to financial and capital markets.

What's New

  • September 2024

    The Autumn 2024 issue of the Nomura Journal of Asian Capital Markets, published by Nomura Foundation and to which Nomura Institute of Capital Markets Research contributes, is available on Nomura Foundation's website. Past issues are available here.

  • August 9th 2024

    "Research Group on Cybersecurity Related to Investment and Financial Systems Activity Report" is released. (July 2024)

  • April 1st 2024

    Toru Otsuka stepped down and Toshiyasu Iiyama took office as President of NICMR.

  • February 13th 2024

    The comment by Akane Enatsu is quoted in "Unloved transition bonds are big in Japan" by Financial Times. (February 12th 2024)

  • January 2024

    The article "Hong Kong Harnesses Blockchain in Green Finance Push" (contributed by Yohei Kitano) is released at Nomura Connects. (January 2024)

  • October 2023

    The article "China Auto Industry Leverages Modular Production to Become EV Powerhouse" (contributed by C.H. Kwan) is released at Nomura Connects. (October 2023)

  • September 25th 2023

    Akane Enatsu provided a keynote speech entitled "Transition Finance and Corporate Finance for Surviving a Decarbonized Society" at the Yonsei University/Elsevier seminar"Role of Green & Transition Finance in Achieving Carbon Neutrality,"held in South Korea on September 22nd 2023.

  • September 12th 2023

    The Autumn 2023 issue of the Nomura Journal of Asian Capital Markets, published by Nomura Foundation and to which Nomura Institute of Capital Markets Research contributes, is available on Nomura Foundation's website. Past issues are available here.

  • June 2nd 2023

    Akane Enatsu spoke at the panel discussion "Have the Roots Taken Hold and Sprouted – ESG Insights" in "AIMA Japan Annual Forum 2023" on May 31st 2023.

  • May 26th 2023

    Akane Enatsu spoke at the panel discussion "Sustainable Oceans and the Blue Economy" in "RI Japan 2023" on May 24th 2023.

  • April 6th 2023

    The article "China's Demographic Timebomb: Lessons from Japan's Lost Decades" (contributed by C.H Kwan) is released at Nomura Connects. (March 2023)

  • April 1st 2023

    Toshiyasu Iiyama stepped down and Toru Otsuka took office as President of NICMR.

  • March 14th 2023

    The Spring 2023 issue of the Nomura Journal of Asian Capital Markets, published by Nomura Foundation and to which Nomura Institute of Capital Markets Research contributes, is available on Nomura Foundation's website. Past issues are available here.

  • February 16th 2023

    Akane Enatsu spoked at the International Monetary Fund (IMF) Asia-Pacific Regional Seminar entitled "Public Perceptions of Climate Mitigation Policies." (February 15th 2023)