Nomura ordered to pay damages for sex discrimination

TOKYO, Japan - Employees of Nomura Securities Co. hold a news conference Feb. 20 after the Tokyo District Court ordered the company to pay 56 million yen in damages to 12 female employees who were denied promotion because of the company's sex discrimination policy. The ruling said, ''The company engaged in unreasonable discrimination contrary to public policy and maintained discriminatory treatment based on the sex of employees even after the revised law on equal job opportunities for men and women was enforced (in 1999). The conduct is illegal.''

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