TOKYO: Nomura Holdings Inc has suspended coverage of dozens of companies following the departure of two highly ranked stock analysts in Tokyo, at a time when Japan’s biggest brokerage is seeking to reinforce research as part of its broader growth plans.
Junko Yamamura and Yoshitaka Nagao, who covered the leisure and amusement sector, and broadcasting and advertising industry, respectively, are no longer with the company, according to people familiar with the matter. — Bloomberg