Key Facts
• On July 29, 2025, Nomura Holdings reported a Q1 net profit of ¥104.6 billion.
• This marks a 52% increase compared to the same period in the previous year.
• The corporate wholesale division’s pre-tax profit doubled to ¥41.9 billion.
• Strong equity-related revenue in Global Markets contributed to the growth.
• Investment Banking benefited from major M&A deals, including Toyota’s privatization of Toyota Industries.
• Fixed asset sales by Nomura Properties added ¥56 billion in pre-tax profit.
• CFO Hiroyuki Moriuchi highlighted risk management and revenue recovery in May-June 2025.
• Analysts forecast an average full-year profit of ¥315 billion for FY2026.
• Nomura Holdings has not disclosed its full-year forecast for FY2026.
Summary
Nomura Holdings reported a significant 52% year-on-year increase in net profit for Q1 FY2025, reaching ¥104.6 billion. The corporate wholesale division played a key role, with pre-tax profit doubling to ¥41.9 billion, supported by strong equity-related revenue and advisory income from major M&A deals. Fixed asset sales by Nomura Properties also contributed ¥56 billion in pre-tax profit. CFO Hiroyuki Moriuchi emphasized the company’s effective risk management and revenue recovery during May-June 2025. While analysts project an average full-year profit of ¥315 billion for FY2026, Nomura has yet to release its official forecast.
