Nomura Holdings, Inc. has released its financial
results for the second quarter and the six months ended September 30, 2023. The
report showed an increase in revenue and an impressive jump in profit.
The Japanese brokerage and investment bank reported
a net revenue of 716.7 billion yen for the six months ended September 30. This
represents an increase of 16.2% from the same period of last year. Non-interest
expenses increased by 6.9%, reaching 613.6 billion yen.
Nomura’s income before tax soared 118.5%, reaching
104.6 billion yen. According to the company, the diversification of income
streams contributed to this remarkable growth.
Additionally, Nomura’s financial position expanded.
As of September 30, 2023, its total assets had reached 54,815.3 billion yen. This
marked an increase of 7,043.5 billion yen compared to March 31, 2023. This
growth was attributed to an increase in securities purchased under agreements
to resell.
Nomura’s total liabilities as of the same date
amounted to 51,443.0 billion yen, an increase of 6,895.4 billion yen compared
to March 31. This growth primarily resulted from increased securities sold
under agreements to repurchase.
Total equity stood at 3,372.2 billion yen as of
September 30. This was an increase of 148.1 billion yen compared to March 31, 2023. Nomura acknowledged the uncertainties due to economic and market
conditions. As a result, the company opted not to present earnings and dividend
forecasts at this time.
Nomura Reports Double-Digit Growth in Q2
During the second quarter, Nomura’s income before
tax increased 23% from the previous quarter and 80% compared to the second
quarter of the previous year, reaching 56.7 billion yen (USD $379 million).
Kentaro Okuda, the President and Group CEO of
Nomura, stated: “Three segment pretax income increased 79 percent year-on- year (YoY) to 89.2 billion yen in the first half. In the second quarter, we reported
higher net revenue and pretax income across all business segments as our
strategic initiatives continued to deliver results.”
We’ve just announced our 2Q 2023-24 #financialresults.https://t.co/gXMd7BcKJp pic.twitter.com/nJxss4Y4Qv
— Nomura (@Nomura) October 27, 2023
Net income attributable to Nomura Holdings’
shareholders surged 51% quarter-on-quarter (QoQ) and 110% YoY, totaling 35.2
billion yen (US$236 million). The retail division reported net revenue of 98.9
billion yen, marking an increase of 7% QoQ and an increase of 36% YoY.
In a recent update, Nomura Holdings declared a
dividend of 8 yen per share to its shareholders of record as of the end of
September 2023. This dividend is scheduled to be paid on December 1, 2023.
Nomura Holdings, Inc. has released its financial
results for the second quarter and the six months ended September 30, 2023. The
report showed an increase in revenue and an impressive jump in profit.
The Japanese brokerage and investment bank reported
a net revenue of 716.7 billion yen for the six months ended September 30. This
represents an increase of 16.2% from the same period of last year. Non-interest
expenses increased by 6.9%, reaching 613.6 billion yen.
Nomura’s income before tax soared 118.5%, reaching
104.6 billion yen. According to the company, the diversification of income
streams contributed to this remarkable growth.
Additionally, Nomura’s financial position expanded.
As of September 30, 2023, its total assets had reached 54,815.3 billion yen. This
marked an increase of 7,043.5 billion yen compared to March 31, 2023. This
growth was attributed to an increase in securities purchased under agreements
to resell.
Nomura’s total liabilities as of the same date
amounted to 51,443.0 billion yen, an increase of 6,895.4 billion yen compared
to March 31. This growth primarily resulted from increased securities sold
under agreements to repurchase.
Total equity stood at 3,372.2 billion yen as of
September 30. This was an increase of 148.1 billion yen compared to March 31, 2023. Nomura acknowledged the uncertainties due to economic and market
conditions. As a result, the company opted not to present earnings and dividend
forecasts at this time.
Nomura Reports Double-Digit Growth in Q2
During the second quarter, Nomura’s income before
tax increased 23% from the previous quarter and 80% compared to the second
quarter of the previous year, reaching 56.7 billion yen (USD $379 million).
Kentaro Okuda, the President and Group CEO of
Nomura, stated: “Three segment pretax income increased 79 percent year-on- year (YoY) to 89.2 billion yen in the first half. In the second quarter, we reported
higher net revenue and pretax income across all business segments as our
strategic initiatives continued to deliver results.”
We’ve just announced our 2Q 2023-24 #financialresults.https://t.co/gXMd7BcKJp pic.twitter.com/nJxss4Y4Qv
— Nomura (@Nomura) October 27, 2023
Net income attributable to Nomura Holdings’
shareholders surged 51% quarter-on-quarter (QoQ) and 110% YoY, totaling 35.2
billion yen (US$236 million). The retail division reported net revenue of 98.9
billion yen, marking an increase of 7% QoQ and an increase of 36% YoY.
In a recent update, Nomura Holdings declared a
dividend of 8 yen per share to its shareholders of record as of the end of
September 2023. This dividend is scheduled to be paid on December 1, 2023.
