Nomura Holdings reports record profit, confident despite market volatility; positive.

From Yahoo Finance.: 2025-04-25 02:37:00

Nomura Holdings, Japan’s largest investment bank, reported a 27% increase in fourth-quarter net profit, reaching its highest ever full-year profit. Despite market volatility after U.S. tariff announcements, Nomura remains confident. The company acquired Macquarie Group’s U.S. and European public asset management businesses for $1.8 billion, emphasizing faith in U.S. financial markets.

Nomura’s profit for January-March was 72 billion yen, up from 56.8 billion yen a year earlier, with plans for a share buyback of up to 60 billion yen. The company has outperformed rivals Daiwa Securities and Mizuho Securities, solidifying its leading position in the Japanese securities industry. Asset management is a key growth area for Japanese financial institutions.

Nomura’s management aims to become a global investment bank, with recent acquisitions marking a significant expansion abroad. Market volatility since April has led to a slowdown in equity issuance and M&A activity, but Nomura expects a return to normalcy once markets stabilize. The company remains optimistic about the medium to long-term growth prospects of the U.S. market.



Read more at Yahoo Finance.: Japan’s Nomura can ride choppy market, CFO says after bank posts record annual profit