Nomura Securities Co., Ltd.

Based on the results of an investigation into market manipulation related to long-term government bond futures, a recommendation was made for a surcharge payment order. After initiating the adjudication process, the respondent submitted a statement acknowledging the facts listed in Article 178, Paragraph 1, Item 14 of the Financial Instruments and Exchange Act and the amount of surcharge to be paid. In response, the presiding judge submitted a draft decision to order the payment of the surcharge pursuant to Article 185-6 of the same Act. Consequently, a decision was made to impose the surcharge.