Overview
- Nomura tightened position limits and reduced crypto holdings at Laser Digital after the unit's losses hit quarterly results.
- Fiscal third‑quarter net income fell 9.7% year over year to ¥91.6 billion for the period ended Dec. 31, with Laser Digital cited as a contributor.
- The company announced a share repurchase of up to ¥60 billion, equal to about 3.2% of outstanding stock.
- Nomura’s shares dropped as much as 6.7% intraday following the earnings update and disclosure of crypto-related losses.
- Laser Digital’s Americas arm filed a de novo application with the U.S. OCC to form a national trust bank, as management reaffirmed its long‑term commitment to digital assets.