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Recognition

2007

Awards

Straight Bond of the Year (Kirin Holdings #1, #3) Thomson DealWatch (Announced in April, 2008)
Innovative Straight Bond Deal of the Year (Sapporo Holdings #22) Thomson DealWatch (Announced in April, 2008)
Samurai Bond of the Year
(ANZ National Bank #1, #2)
(ANZ National Bank Floating Rate Notes #1)
Thomson DealWatch (Announced in April, 2008)
Asset-backed Securities deal of the Year
(FILP Master Trust 1st Special Purpose Co. #1)
Thomson DealWatch (Announced in April, 2008)
Best Samurai Bond House FinanceAsia (Announced in Apr, 2008)
Best Local Currency Bond
(Japan Expressway Holding & Debt Repayment Agency)
Asiamoney (Announced in Feb, 2008)
Best Yen Bond of the Year (City of Yokohama) Euromoney (Announced in Jan. 2008)
Best Samurai of the Year (Citigroup Inc.) Euromoney (Announced in Jan. 2008)
Deals of the Year, Yen Bond: #1 (Citigroup Inc.) EUROWEEK (Announced in Jan. 2008)
Straight Bond Deal of the Year: #3 (Sapporo Holdings #22、23) Nikkei Bonds and Financial Weekly
(Announced in Jan, 2008)
Equity Finance (Excluding IPO)Deal of the Year: #2
(Hitachi Machine Manufacture)
Nikkei Bonds and Financial Weekly
(Announced in Jan, 2008)
Equity Finance (Excluding IPO) Deal of the Year: #3 (Toray, 2CBs) Nikkei Bonds and Financial Weekly
(Announced in Jan, 2008)
Samurai Deal of the Year: #1 (Commonwealth Bank #1 ) Nikkei Bonds and Financial Weekly
(Announced in Jan, 2008)
Municipal Bond Deal of the Year: #1 (City of Yokohama #4) Nikkei Bonds and Financial Weekly
(Announced in Jan, 2008)
Municipal Bond Deal of the Year: #3
(Tokyo Metropolitan Government #24)
Nikkei Bonds and Financial Weekly
(Announced in Jan, 2008)
Yen Bond House IFR (Announced in Dec, 2007)

Analyst Ranking

Nikkei Financial Daily (Announced in March, 2007)

Ranked Sectors
Sector Analyst
Pharmaceuticals Hidemaru Yamaguchi
Banks Hironari Nozaki
Food (including fishery & agriculture) Nobuyoshi Miura
Category  
Strategy Tsutomu Fujita

Company Ranking

Analyst Rankings by Sectors (Total)
Rank Firm Points
1 Nomura 12,781
2 Daiwa 10,777
3 UBS 8,512
4 Mitsubishi UFJ 7,956
5 Nikko Citigroup 6,733
6 Credit Suisse 6,729
7 Goldman Sachs 5,912
8 Mizuho 4,564
9 Merrill Lynch 4,473
10 JP Morgan 4,268
Analyst and Strategist Ranking by 5 Categories (Total)
Rank Firm Points
1 Nomura 14,779
2 Daiwa 13,314
3 Mitsubishi UFJ 9,406
4 UBS 8,934
5 Nikko Citigroup 7,817
6 Credit Suisse 6,944
7 Goldman Sachs 6,423
8 Merrill Lynch 4,942
9 JP Morgan 4,719
10 Mizuho 4,596

Thomson Financial League Tables

(January - December, 2007)

Samurai Bonds

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nikko Citi 3,535.9
2 Mizuho Financial Group 2,250.9
3 JP Morgan 1,723.6
4 Daiwa Securities SMBC 1,705.9
5 Deutsche Bank AG 1,606.0

All Bonds in Yen

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Daiwa Securities SMBC 34,450.5
2 Mizuho Financial Group 30,189.9
3 Nomura 26,600.6
4 Mitsubishi UFJ Financial Group 26,207.2
5 Nikko Citi 25,138.3

Japanese Corporate Debt

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Mizuho Financial Group 19,792.1
2 Daiwa Securities SMBC 18,339.9
3 Nomura 13,818.5
4 Mitsubishi UFJ Financial Group 12,947.0
5 Nikko Citi 5,031.3

Bonds Targeted in Japan

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Daiwa Securities SMBC 31,385.9
2 Mizuho Financial Group 28,830.2
3 Mitsubishi UFJ Financial Group 24,238.1
4 Nomura 23,918.4
5 Nikko Citi 13,182.5

Japan Equity & Equity-related

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 10,378.8
2 Daiwa SMBC 2,584.9
3 Nikko Citi 2,515.5
4 Mitsubishi UFJ Financial Group 2,493.9
5 JP Morgan 2,300.8

Japan Secondary Offerings

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 6,456.0
2 Mitsubishi UFJ Financial Group 1,578.5
3 Nikko Citi 1,548.5
4 Daiwa Securities SMBC 1,535.6
5 Mizuho Financial Group 798.6

Japan Common Stock

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 9,230.1
2 JP Morgan 2,300.8
3 Daiwa Securities SMBC 2,023.2
4 Nikko Citi 1,869.3
5 Mitsubishi UFJ Financial Group 1,716.4

Japan IPOs

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 2,774.1
2 JP Morgan 1,503.7
3 Daiwa Securities SMBC 487.6
4 Nikko Citi 320.7
5 Mitsubishi UFJ Financial Group 138.0

Japan Convertibles

Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 1,148.7
2 Mitsubishi UFJ Financial Group 777.4
3 Mizuho Financial Group 662.0
4 Nikko Citi 646.3
5 Morgan Stanley 617.6

Any Japanese Involvement Announced

Financial Advisors
League Table Based on Rank Value
Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 34,468.8
2 Citi 23,032.6
3 GCA Co Ltd 21,966.5
4 Merrill Lynch 21,133.8
5 Goldman Sachs & Co 18,965.2

Japanese Target, Any Aquirer Announced

Financial Advisors
League Table Based on Rank Value
Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 31,941.0
2 Citi 22,293.6
3 GCA Co Ltd 21,241.5
4 Merrill Lynch 20,104.6
5 Goldman Sachs & Co 18,311.1

Any Japanese Involvement Completed

Financial Advisors
League Table Based on Rank Value
Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Merrill Lynch 34,523.7
2 Nomura 34,419.5
3 Goldman Sachs & Co 33,899.6
4 Citi 20,185.6
5 Dresdner Kleinwort 19,615.3

Japanese Target, Any Aquirer Completed

Financial Advisors
League Table Based on Rank Value
Bookrunner Top 5
Rank Firm Transaction Amount
(US$ million)
1 Nomura 29,937.3
2 Citi 17,906.3
3 Mitsubishi UFJ Financial Group 15,095.0
4 Merrill Lynch 14,684.6
5 Goldman Sachs & Co 14,513.8