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Nomura to Restrict Travel to Countries With Coronavirus Cases

Nomura to Restrict Travel to Countries With Coronavirus Cases

(Bloomberg) -- Nomura Holdings Inc. has asked employees to refrain from all unnecessary travel to countries stricken by the coronavirus.

The restriction applies to business trips to all areas where the World Health Organization has confirmed infections, spokesman Yoshitaka Otsu said Friday by phone. It will take effect on Monday.

Nomura to Restrict Travel to Countries With Coronavirus Cases

Nomura’s measures are broader than those introduced by many other financial firms, which have mainly focused their restrictions on China and other parts of Asia. It means workers at Japan’s biggest brokerage will be deterred from travel even to the U.K. and the U.S., each of which has fewer than 20 infections and where the company has a large presence.

In Japan, more than 90 people have been confirmed positive, excluding the 636 who were infected on a cruise ship that was quarantined in Yokohama.

--With assistance from Archana Narayanan.

To contact the reporters on this story: Takashi Nakamichi in Tokyo at tnakamichi1@bloomberg.net;Takako Taniguchi in Tokyo at ttaniguchi4@bloomberg.net

To contact the editor responsible for this story: Marcus Wright at mwright115@bloomberg.net

©2020 Bloomberg L.P.