[3] In 2007, Citigroup acquired 61% of Nikko Asset Management for $7.7 billion to take majority control in what was the largest foreign buyout ever of a Japanese company.

[4] Citigroup attempted to buy out the remaining shares of Nikko later that year at a cost of $4.6 billion to take full control of the company.

[12] During his leadership, Nikko focused on courting international investment with multi-asset products, which Shibata believed were attractive to global investors seeking diversified strategies.

[13] In 2017, Nikko launched a global robotics fund which raised roughly $6 billion USD and was the first of its kind from a Japanese asset manager.

[17] In 2019, Sumitomo Mitsui Trust Holdings announced that it would make Nikko Asset Management a directly owned subsidiary through a dividend in kind transaction.