Electronic Communications Legal Notice
This information forms part of any electronic communication with Nomura

Acceptance of terms

You are deemed to have accepted the conditions of electronic communication with Nomura by virtue of your communication. If you are not comfortable with the conditions you may decide not to communicate electronically with Nomura in future.

Intended recipients only

Electronic communications (including any attachments thereto) are intended solely for the addressee(s) private and confidential use.  No confidentiality or legal privilege in the electronic communication is waived or lost by any mistransmission.  If you receive an electronic communication in error please contact the sender immediately, delete it and all copies of it from your system and destroy any hard copies. You must not divulge, copy, forward or re-use the contents (including any attachments or information) in any way. Any unauthorised use or disclosure may be unlawful.

Accuracy of content

The information and opinions expressed in electronic communications are solely those of the sender and unless otherwise stated, shall not (a) be construed as the official statement of Nomura or (b) intended to create legal relations.  Information in an electronic communication is subject to change without notice.  Electronic communication is not a secure method of communication. Computer viruses or disabling code, may be present in electronic communications and such messages may not be accurately replicated on other systems or may be intercepted, deleted or interfered with without the knowledge of the sender or the intended recipient. No warranty is made by Nomura as to the accuracy or completeness of electronic communications to and from Nomura’s systems and Nomura accepts no responsibility or liability for such changes or for the presence of any aforementioned virus or disabling code.

Proprietary investment business

Nomura may undertake or have undertaken transactions for its own account in the securities mentioned in an electronic communication or any related investments prior to your receipt of it. Nomura may provide investment banking services (including without limitation corporate finance services), or solicit such business, for the issuers of the securities mentioned in an electronic communication and may from time to time participate in commercial banking transactions with the issuers of the securities mentioned in this communication. Accordingly, information may be available to Nomura, which is not reflected in an electronic communication. Nomura and its directors, officers, representatives and employees may have positions in or options on the securities mentioned in the electronic communication or any related investments or may buy, sell or offer to buy or sell such securities or any related investments as principal or agent on the open market or otherwise.  Unless otherwise stated an electronic communication is not (a) investment research or a research recommendation under applicable regulatory rules; or (b) a recommendation, solicitation or offer to buy or sell securities or related financial instruments.

Retail clients

Where an electronic communication relates to securities, services or investment business it is neither intended for nor directed at retail clients and such services or investments are not available to retail clients.


Nomura reserves the right to retain, monitor and intercept electronic communications to and from its systems subject to and in accordance with applicable law

Nomura International plc

Nomura International plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is registered as a company in England under No.1550505, with VAT No. 447 2492 35 and its registered office is at 1 Angel Lane, London, EC4R 3AB, United Kingdom.

Nomura Research Institute Europe Limited

Nomura Research Institute Europe Limited is registered in England no. 2175366 VAT No. GB 843 372035. Registered Office: 68 King William Street, London, EC4N 7DZ, United Kingdom.

Copyright © 2014 Nomura Holdings, Inc. All rights reserved.