Daiwa Securities took first place in the 2026 Nikkei Veritas Popular Analysts Survey* firm ranking for equities research.

A total of 11 of our analysts secured top honors in their respective sectors. Six of our analysts were also awarded first place in the Extel Japan Research Team Survey** (firm ranking in Extel: second). We are deeply grateful to our valued clients for this high level of recognition.

As one of Japan’s most venerable equities research bodies, Daiwa Securities Group’s Research Division continues to uphold its tradition of fundamentals-focused analysis.

Daiwa Securities will always place the needs of our clients first as we work to continuously enhance the quality of our in-depth, far-seeing analysis. Likewise, we remain committed to breaking new ground while never forgetting the importance of traditional research.

We sincerely hope our research will continue to serve as an invaluable resource that you can rely on in making investment decisions and setting investment strategy. With your continued guidance and encouragement, we look to remain a trusted partner going forward.

*One of Japan’s best-known and most prestigious surveys going back over thirty years, with rankings based on votes of institutional investors.

** One of the most influential rankings from a global perspective, with voting primarily by foreign investors.

▼ Daiwa analysts ranked No. 1 in their sectors: