Overview
- Nomura, which reported results Friday, logged record full-year net income of ¥362.1 billion and a 3% rise in January–March profit to ¥73.9 billion.
- The wholesale arm recorded its highest annual revenue since its 2010 launch as trading activity picked up in volatile markets.
- Wealth management provided a larger base of recurring fees after a multi-year push to build stable, client-driven revenue.
- Net revenue rose 14.5% to ¥2.17 trillion, helped by stronger trading gains and higher asset management and portfolio service fees.
- CFO Hiroyuki Moriuchi said the U.S.-Israeli war on Iran has not derailed Japan’s structural growth, though he warned M&A and share sales may face near-term delays.