The firm’s retail division achieved its highest pretax income in eight years.
The global markets division experienced an increase of 8% year-on-year in net revenue.
Nomura Holdings has released financial results for the fourth quarter and full-year ended March 2024, highlighting a surge in net
revenue and income. Despite the growing interest rates in the Japanese markets, Nomura
reported an upsurge of 123% year-on-year in pretax income at ¥236.8 billion.
The revenue for retail, investment management, and
wholesale segments was ¥ 402.4 billion, ¥ 154.1 billion, and ¥ 866.1 billion,
respectively. Nomura's retail division achieved the highest pretax income in eight years. This upward trend was boosted by stable recurring revenue in the
segment.
Revenue Growth across Business Segments
Speaking about the financial report,
Nomura's President and Group CEO Kentaro Okuda mentioned: "We reported higher net
revenue and pretax income in all business segments, demonstrating the strength
of our Japan client franchise and global network amid growing interest in the
Japanese markets."
"We delivered a solid performance across
divisions and regions. In retail, this was underpinned by the successful
realignment of our people at the start of the fiscal year, while Wholesale
booked a marked increase in Investment Banking revenues."
Nomura's investment management segment experienced a
boost in net inflows totaling ¥3.8 trillion, with assets
under management worth ¥89 trillion. The investment banking segment achieved its highest
net revenue since fiscal years 2016 and 2017. Besides that, the global markets division jumped by 8% year-on-year in net revenue driven by
spread and equity products.
Following the positive financial performance, Nomura
has declared a year-end dividend of ¥15 per share, culminating in an annual
dividend of ¥23. The company posted a return on equity of 5.1%.
Nomura Maintains Strong Performance
In the third quarter, Nomura recorded an increase of 11%
in net revenue and a surge in income before taxes. Consolidated net
revenue for Q3 reached ¥400.2 billion, representing a rise of 9% from the
previous quarter and an uptick of 2% YoY. This growth was complemented by an expansion of 39% in
income before taxes compared to the preceding quarter, amounting to ¥78.7
billion.
For the nine months ending in December last year,
Nomura recorded a boost in net revenue, climbing to ¥1,116.9 billion.
Income before taxes soared by 43% to ¥181.8 billion, while net income
attributable to shareholders rose by 28% to ¥109.1 billion.
Despite its achievements, Nomura faces challenges,
including investigations into certain transactions. The US Securities and Exchange Commission is scrutinizing B. Riley's involvement in the acquisition
of Franchise Group Inc., a deal that was partly funded by Nomura Holdings Inc.
Nomura Holdings has released financial results for the fourth quarter and full-year ended March 2024, highlighting a surge in net
revenue and income. Despite the growing interest rates in the Japanese markets, Nomura
reported an upsurge of 123% year-on-year in pretax income at ¥236.8 billion.
The revenue for retail, investment management, and
wholesale segments was ¥ 402.4 billion, ¥ 154.1 billion, and ¥ 866.1 billion,
respectively. Nomura's retail division achieved the highest pretax income in eight years. This upward trend was boosted by stable recurring revenue in the
segment.
Revenue Growth across Business Segments
Speaking about the financial report,
Nomura's President and Group CEO Kentaro Okuda mentioned: "We reported higher net
revenue and pretax income in all business segments, demonstrating the strength
of our Japan client franchise and global network amid growing interest in the
Japanese markets."
"We delivered a solid performance across
divisions and regions. In retail, this was underpinned by the successful
realignment of our people at the start of the fiscal year, while Wholesale
booked a marked increase in Investment Banking revenues."
Nomura's investment management segment experienced a
boost in net inflows totaling ¥3.8 trillion, with assets
under management worth ¥89 trillion. The investment banking segment achieved its highest
net revenue since fiscal years 2016 and 2017. Besides that, the global markets division jumped by 8% year-on-year in net revenue driven by
spread and equity products.
Following the positive financial performance, Nomura
has declared a year-end dividend of ¥15 per share, culminating in an annual
dividend of ¥23. The company posted a return on equity of 5.1%.
Nomura Maintains Strong Performance
In the third quarter, Nomura recorded an increase of 11%
in net revenue and a surge in income before taxes. Consolidated net
revenue for Q3 reached ¥400.2 billion, representing a rise of 9% from the
previous quarter and an uptick of 2% YoY. This growth was complemented by an expansion of 39% in
income before taxes compared to the preceding quarter, amounting to ¥78.7
billion.
For the nine months ending in December last year,
Nomura recorded a boost in net revenue, climbing to ¥1,116.9 billion.
Income before taxes soared by 43% to ¥181.8 billion, while net income
attributable to shareholders rose by 28% to ¥109.1 billion.
Despite its achievements, Nomura faces challenges,
including investigations into certain transactions. The US Securities and Exchange Commission is scrutinizing B. Riley's involvement in the acquisition
of Franchise Group Inc., a deal that was partly funded by Nomura Holdings Inc.
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa