Daiwa takes stake in company rehabber as stock fees dwindle

Japan's brokerages branch out to find new revenue source

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Daiwa Securities will beef up its business of investing in other companies.

TAIZO WADA, Nikkei staff writer

TOKYO -- Daiwa Securities Group is investing 14 billion yen ($128 million) into Osaka-based marketing company Katana, partnering to rehabilitate restaurants and other businesses across Japan that are struggling to find a new crop of leaders.

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