Nomura to Increase Japan Commodity Trading Fivefold

Nomura Holdings Inc. plans to increase the volume of its energy and commodities derivatives trade in Japan more than fivefold as producers seek to hedge fuel and raw materials against price movements.

“The oil price spike in 2008 and big swings in commodities over the past few years spurred Japanese manufacturers to reduce risks associated with material costs,” Takashi Toyahara, the head of commodities sales at Nomura Securities Co., said yesterday in Tokyo. “This trend will go on in years ahead.”