Nomura Securities today announced the implementation of a set of measures following the arrest and indictment of an employee suspected of arson.

The former employee joined Nomura Securities as a new graduate in April 2018. From April 2022, he provided asset management advice to individual and corporate clients at the Hiroshima Branch Office.

On Friday, August 2, 2024, the former employee reported to the Hiroshima Branch Office manager that he was suspected by the police of arson in relation to a fire that occurred at a client’s home, and that he had stolen money from the clients when he visited their home on Sunday, July 28, 2024.

On Wednesday, October 30, 2024, the former employee was arrested and subsequently charged on Wednesday, November 20.

In regard to this incident, a portion of executive compensation will be voluntarily returned.

For the foreseeable future, a manager will accompany employees when they visit clients’ homes or speak to clients over the phone around the time of each visit. In addition to requiring prior approval for each visit, by having managers speak to clients directly, Nomura Securities seeks to ensure that its clients feel at ease when employees visit their homes.

The company will also implement measures to strengthen monitoring of employees’ business activities.

Primarily for employees who have direct contact with clients, Nomura Securities will strictly manage activity schedules during work hours, as well as use data from company mobile phones, dashboard cameras, etc. This will enable Nomura Securities to stringently manage client visits and meetings and increase its ability to detect suspicious conduct.