tiprankstipranks
Advertisement
Advertisement

Nomura Elevates Delaware Management Company to Specified Subsidiary After Macquarie Asset Management Deal

Story Highlights
  • Nomura has made Delaware Management Company a specified subsidiary after acquiring full voting control.
  • The DMC acquisition, effective December 1, 2025, will be consolidated into Nomura’s results from Q3 FY2025-26, boosting its global asset management reach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nomura Elevates Delaware Management Company to Specified Subsidiary After Macquarie Asset Management Deal

Meet Samuel – Your Personal Investing Prophet

Nomura Holdings ( (NMR) ) has issued an update.

On January 30, 2026, Nomura Holdings reported that Delaware Management Company (DMC), a U.S.-based investment management and advisory firm, has become a specified subsidiary after Nomura completed the acquisition of Macquarie Group’s U.S. and European public asset management business. As part of this transaction, effective December 1, 2025, Nomura acquired 100% of DMC’s voting rights, lifting DMC’s share capital to at least 10% of Nomura’s own capital and triggering its reclassification under Japanese regulations. DMC, which has shown stable net assets and profitability over the past three fiscal years, will have its consolidated financial results incorporated into Nomura’s consolidated accounts from the third quarter of the fiscal year ending March 2026, underscoring Nomura’s push to scale its global asset management operations and deepen its presence in Western markets.

The most recent analyst rating on (NMR) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Nomura Holdings stock, see the NMR Stock Forecast page.

Spark’s Take on NMR Stock

According to Spark, TipRanks’ AI Analyst, NMR is a Neutral.

Nomura Holdings’ overall stock score is driven by a solid valuation and positive technical indicators, suggesting potential for price appreciation. However, financial performance concerns, particularly high leverage and negative cash flows, present risks. The earnings call provided a balanced view with both achievements and challenges, slightly impacting the score.

To see Spark’s full report on NMR stock, click here.

More about Nomura Holdings

Nomura Holdings, Inc. is a Japan-based financial services group headquartered in Tokyo, operating globally across wholesale, retail, and investment management businesses. Through its subsidiaries, Nomura provides investment banking, brokerage, and asset management services, with a growing focus on expanding its public asset management footprint in the U.S. and Europe.

Average Trading Volume: 1,033,666

Technical Sentiment Signal: Buy

Current Market Cap: $26.68B

See more insights into NMR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1