Nomura regains crown as Japan's top M&A adviser

Major all-domestic deals and streamlining push give local players an edge

20200108N Nomura flag

Nomura Securities had fallen to fifth place in the M&A advisory ranking in 2018 before retaking the lead thanks to its involvement in such deals as the Yahoo Japan-Line merger. © Reuters

RYO IGAWA, Nikkei staff writer

TOKYO -- Nomura Securities edged out Mitsubishi UFJ Morgan Stanley Securities to retake the lead in Japan's ranking of mergers and acquisitions advisers in 2019, as big domestic deals boosted Japanese players in a field that had been dominated by foreign rivals.

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