Nomura Holdings Inc, Asset Management Arm agreed to acquire 4.52% stake in Nippi, Incorporated from Regal Corporation for approximately ¥680 million.

REGAL CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of shoes. The Company operates in two business segments. The Shoes Retailing segment is engaged in the retail of shoes through its retail stores and Internet shops. The Shoes Wholesale segment is involved in the wholesale of shoes to various specialty stores and department stores. The others business is involved in the leasing of real estate, as well as research and development of various shoes.