Nomura Holdings reported net revenue of ¥686.7 billion for the first quarter of the financial year to March 2027, the three months to 30 June, up 19% from the previous quarter and 31% from a year earlier. Net income attributable to shareholders rose 39% year on year to ¥145.6 billion, and return on equity reached 15.4%, compared with 12.0% a year earlier and 8.0% in the previous quarter. The results were published on 29 July.
Income before income taxes was ¥211.5 billion, up 32% year on year and 96% quarter on quarter. Earnings per share were ¥48.34.
ALL FOUR DIVISIONS GROW
Wholesale net revenue rose 41% year on year to ¥369.1 billion, and its pretax income more than doubled to ¥93.3 billion, both of which Nomura described as record highs. Investment Banking's first-quarter net revenue exceeded ¥50 billion for the first time, while Global Markets was led by equities.
Wealth Management net revenue increased 37% to ¥145.4 billion, with pretax income up 83% to ¥71.1 billion. Investment Management net revenue rose 94% to ¥98.3 billion and pretax income reached ¥45.0 billion; assets under management were ¥156.4 trillion. The Banking division generated net revenue of ¥15.2 billion and pretax income of ¥3.6 billion. Net inflows into recurring revenue assets reached a record high.
PROGRESS TOWARD 2030 TARGETS
Pretax income from the four business divisions was ¥213.0 billion, up 101% from a year earlier. "Our fiscal year is off to a very strong start," Group CEO Kentaro Okuda said in the results commentary, adding that the divisional result represented "solid progress toward our new 2030 targets."