Nikko Cordial
Holding Companies & Conglomerates · Japan · 51-200 Employees
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Overview
Headquarters
Chuo, Tokyo, JapanWebsite
www.nikko.co.jpRevenue
$27.7 MillionIndustry
About Nikko Cordial
Nikko Cordial Corporation 2=株式会社日興コーディアルグループ was the holding company for Nikko Cordial Securities, Japan's third largest brokerage until 2008, when Nikko Cordial Corporation became a wholly owned subsidiary of Citigroup; upon completion of share exchange, it merged with Citigroup Japan Holdings Ltd. to form Nikko Citi Holdings Inc., before changing its name to Citigroup Japan Holdings Corp. in 2009. Nikko Cordial sued three of its former executives for fraud, including former Chief executive officer Junichi Arimura, for ¥3.4 billion. Nikko Cordial's profits decreased by 32.9% following the scandal. In 2007 Citigroup acquired a majority of shareholders in Nikko Cordial for $7.7 billion.Explore more
Nikko Cordial Org Chart
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Nikko Cordial Corporation 2=株式会社日興コーディアルグループ was the holding company for Nikko Cordial Securities, Japan's third largest brokerage until 2008, when Nikko Cordial Corporation became a wholly owned subsidiary of Citigroup; upon completion of share exchange, it merged with Citigroup Japan Holdings Ltd. to form Nikko Citi Holdings Inc., before changing... Read More
