Nomura to set Thai base for faster service

“NRI has been offering research, consulting services and system solution services in the region. We should be able to provide clients in the local market with much more speedy services to meet their demands through the company to be established in Thailand,” Shingo Konomoto, corporate senior vice president and an appointee of the chairman of the new company, said recently.

NRI is the first Japanese business strategy consulting firm to have a company in Thailand. The subsidiary is headquartered in Bangkok to mainly cover Thailand and neighbouring countries – Vietnam, Myanmar, Laos and Cambodia – in close cooperation with other operational bases in the Asian region.

NRI expects increasing demand for business consulting and system solution services in Asean countries, in light of consumer market expansion as well as the Asean Economic Community coming into effect in 2015. 

“We have developed overseas operations emphasising the markets in Asian emerging countries, and will endeavour to accelerate the pace of business growth of our clients there, taking advantage of the new company,” Konomoto said.

NRI Thailand will be formed in December with registered capital of Bt80 million. Its major shareholders are NRI Asia Pacific, NRI and NRI Workplace. 

NRI originated from Nomura Securities’ research and IT sections. NRI is the result of a merger in 1988 between Nomura Research Institute, which was established in 1965 as the first private sector think tank in Japan, and Nomura Computer Centre, which helped introduce Japan’s first private use computer system in 1966.

Since then, NRI has been providing consulting services on corporate strategy and business policy, as well as development, operation and joint utilisation of IT systems.

Particularly in its consulting business, NRI is one of the largest Japanese consulting firms, with more than 600 professionals deployed in Japan and abroad.