Starting with the Spring 2009 issue, the Nomura Journal of Capital Markets will be published on our website, with a full helping of hot-button issues, debate concerning financial and securities markets, and other relevant information.

The Nomura Capital Market Review (Capital Research Journal), last published in the Autumn of 2008, provided, in English, a description and analysis of hot topics concerning financial and capital markets in Japan and elsewhere in Asia. These back issues can be viewed on the Internet in electronic format.

We are replacing the Nomura Capital Market Review, a collection of essays published quarterly until Autumn 2008, with the Nomura Journal of Capital Markets, a new Web-based format. Like its predecessor, the Nomura Journal of Capital Markets will provide an analysis of issues and other information relevant to financial and securities markets.