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Nomura Family Story

I Tokushichi Nomura, Nomura Securities founder of the son of a samurai and his assistant. He was born in 1860. Because it is not recognized her father, she got her name Nomura.Pada age of ten years, he worked on Yahei Osakaya, a money changer. Duties include sweeping and watering the street in front of the store so that the employer is not dusty. Otherwise he is not  lazy and shop owners will not sell. Then he was given the task to train  circling  money. Heavy coins needed for everyday transactions. Money exchanged for silver or bronze coins exchanged for silver coins.
Money changer plays an important role in the Japanese economy. At that time the rice trade is a major business in Osaka when the means of payment that is silver, while the gold in Tokyo. Money changer that change the rice into silver or gold with a determined rate.
Nomura Tokushichi 21 years old when he was adopted officially by Yahei Osakaya 1871. Osakaya died one year later. Tokushichi inherited his business and two-story store. The family company was renamed Nomura Shoten (Nomura store). He got married to the daughter of a merchant family that could replace him when he is away.
Late 19th century Japanese economy developed rapidly, among others, thanks to the emergence of banks. In 1872 the bank was issuing stock. Issuance of share capital was not to form, but to divide the property. Even Tokshichi Nomura conservative in business, he feels that the new development can not be ignored.
In 1878 he entered the Osaka Securities Exchanges changernya money for business. Not to make a profit. Dated August 7, 1878 his first son was born, Tokushichi Nomura II. Tokushichi Nomura II or commonly called Shinnosuke has one older sister, two younger sisters and a younger brother named Jitsusaburo. Health Shinnosuke not baik.Pada age of 18 he was stricken with pneumonia and was forced to quit school. He did not go to school again, but called on his father to learn to share. His father did not agree because they think the stock trading as gambling. However Tokushichi finally gave her permission internship Yasuhiro Shoten, the company's shares trade law in 1878.
Moment after the Chinese-Japanese war I, the stock rose rapidly. All wanted to play the stock, including Shinnosuke who do not have money. When the law goes, he opened the company's vault and took 500 yen (more than the average employee salary intermediate one year). He went to the market to buy stocks based on rumors. It turns out the purchased shares plummeted. No wonder that in-law was furious and complained to the law. His father was returning 500 yen. At age 20, the future king of the unemployed stock brokers and puppy. The act was repeated again when allowed to work in his father's Nomura Shoten. Tokushichi should bear 1,500 yen to be paid her when one of speculation. Shinnosuke blurred by taking stock of his father's money box. He needs to think of introspection bad luck, he wrote in a note left behind. As before, Shinnosuke back beggar.
After three years of military service, Shinnosuke back in 1902 to work in his father's money changer shop as general manager. Three years he developed the company of family and business learning stock. In February, 1904, Japan declared war on Russia. Tokushichi felt it was time to expand into peruahaan broker Nomura Shoten. He has seen the development of China's stock-Japanese War, eight years earlier, but this time he was not old enough to take advantage of the opportunity. Her father had bought into the idea that after his mother died.
Nomura Shoten converted into Tokushichi Nomura Shoten. That year he also married the daughter of a wealthy merchant father's choice. Shinnosuke has two sons, Yoshitaro and Tokio. Nomura trading instinct was correct. In 1905 he earned 20,000 yen borrowed from his father. Nomura came to the conclusion that the best way for a business is to hire people who could see the bowels of the company, talk to the manager and if you can follow stock prices in Japan and in the world. For that he hired an investigator reporter, Kisaku Hashimoto, to lead the research section. He became the first research analyst in Japan.
The story of cleverness Tokushichi kissed money, make Nomura Shoten added selling. Tokushichi Nomura I, died in 1908 at the age of 58 years.
The first step son who had studied abroad is to tour America for five months. The goal is to restructure part of the research is divided into four sections: research, statistics, editing and translation. Translate the Japanese document into English is important to allow Nomura to trade foreign securities. Of note is the attempt purel. He took out 10,000 yen a month for the stock market comment load in the local paper. In 1909 six of the 30 employees of Nomura Shoten was a bachelor. Exercise is very tight and come to a meeting Sunday night study is a must.
Tokushichi bebarapa times will be appointed as finance minister, but the offer was rejected. First because his good friend, Rich Okinori, occupying the post and also considered the position of the task because they dare to die. During the opening of the branch continues.
Tokushichi sister, died of pneumonia. Though their relationship is good, and he is a reliable surrogate. Spring of 1928, Tokio Nomura, Tokushichi son, died in a car accident. Two years later, Minoru Nomura, Jatsusaburo eldest son, sister Tokushichi, died while skiing in the Alps America. Family tragedy that has hindered the expansion of Nomura Partnership. Tokushichi himself died on January 13, 1945, of a heart attack at the age of 67 years. Nomura Zaibatsu sembulan months later disbanded.
Six months after the death of his father, Yoshitaro a first heart attack. He died on August 24 of that year. Ten days after World War II ended, Fumihade Nomura, eldest son and grandson of the founder Nomura Yoshitaro Zaibatsu, was appointed as titular head of the entire family. 12 years old at that time. Four months later, the government froze all property Nomura ally, because the allies tactics to break the Japanese conglomerate. Most wealth Nomura rescued, but now the family has only a fraction of Nomura Securities.
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