Nomura Holdings Inc., a leading global financial services group, announced its consolidated financial results for the third quarter of the fiscal year ending March 31, 2024. The company reported robust performance across its three core businesses (Retail, Investment Management, Wholesale), with a significant increase in pretax income.
Nomura's pretax income for the third quarter reached 70.5 billion yen, representing a remarkable 16% quarter-on-quarter (QoQ) growth. This impressive performance underscores the company's effective strategies, strong client relationships, and successful execution of its business plans.
In the Retail segment, Nomura witnessed steady growth in client activity, supported by its comprehensive range of investment products and services. The Retail business contributed significantly to the overall pretax income, demonstrating Nomura's ability to meet the evolving needs of individual investors and deliver value-added solutions.
The Investment Management business also delivered a strong performance during the quarter, benefiting from favorable market conditions and successful investment strategies. Nomura's expertise in asset management and its ability to identify attractive investment opportunities contributed to the segment's robust pretax income growth.
Nomura continues to prioritize innovation, technology, and client-centricity as key drivers of its success. The company's ongoing investments in digital transformation initiatives and its commitment to providing tailored solutions to meet client needs have contributed to its positive financial performance.
As the fiscal year progresses, Nomura remains cautiously optimistic about its prospects, while closely monitoring market developments and potential risks. The company will continue to leverage its strong market position, diversified business model, and talented workforce to deliver value to its clients and shareholders.
About Nomura:
Nomura Holdings Inc. is a leading global financial services group with a presence in over 30 countries and regions. The company provides a wide range of innovative solutions and services in retail, investment management, and wholesale businesses, serving individuals, institutions, corporations, and governments worldwide.
