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Nomura Co. Profits Halve Amid Revenue Decline

Net profit at Nomura Co. Ltd. dropped to 1.43 billion yen for the first quarter ended May 31, falling significantly from the 3.02 billion yen reported during the same period last year. The decline reflects a broader contraction in earnings as the Japanese firm navigates a challenging fiscal start.

Nomura Co. Profits Halve Amid Revenue Decline

Revenue for the quarter slipped to 35.73 billion yen, down from 40.82 billion yen a year earlier. This topline pressure translated into a sharp reduction in profitability, with operating profit nearly halving to 2.49 billion yen against the 4.53 billion yen recorded in the previous cycle. Pretax profit followed a similar downward trajectory, settling at 2.57 billion yen compared to 4.59 billion yen in 2025.

Diluted earnings per share reached 12.77 yen, sliding from 27.11 yen in the prior year. These figures, prepared under Japanese accounting standards, underscore a period of cooling performance for the Tokyo-listed company as it moves into the 2026 fiscal year.

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