Utilize the input text as a context reference, choose the right relationship between Nomura Holdings and Tokyo from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Nomura Holdings Inc. and Daiwa Securities Group Inc. shares rose in Tokyo trading after first-quarter profit grew more than analysts estimated as a stock-market rally fueled brokerage commissions.

Answer: headquarters_location