Wealth Management hit a nine-year high, while Investment Management saw record AUM.
According to the CEO, the company aims to maintain ROE of 8–10% or higher.
Nomura
Holdings, Inc., Japan's largest brokerage and investment bank, reported a
robust first quarter for the fiscal year 2025 (FY25), with net income more than
tripling year-on-year (YoY) to 68.9 billion yen ($428 million).
Nomura Reports Strong Q1
Results, Wealth Management Hits Nine-Year High
The
company's three core business segments posted a combined pretax income of 86.6
billion yen, up 12% from the previous quarter and three times higher than the
same period last year. This marks the fifth consecutive quarter of growth for
these segments.
Nomura's
Wealth Management division recorded its best quarterly performance in nine
years, with pretax income surging 84% YoY to 42.3 billion yen. The division's
success was attributed to record-high recurring revenue assets and recurring
revenue, driven by a segment-based approach to client services.
“Our
Wealth Management business had its best quarter in nine years as our
segment-based approach drove recurring revenue assets and recurring revenue to
a record high,” said Kentaro Okuda, Nomura's President and Group CEO.
The
Investment Management division also saw significant growth, with assets under
management reaching an all-time high of 92.5 trillion yen. Pretax income for
this segment jumped to 23.2 billion yen, a 6.4-fold increase from the previous
year. Notably, alternative assets under management surpassed 2 trillion yen,
reflecting the company's expanding presence in private markets.
Wholesale
division revenues remained strong, with pretax income increasing 3%
quarter-on-quarter to 21.1 billion yen, despite a slowdown in Investment
Banking due to fewer executed deals and seasonal factors in Japan. The
division's performance was bolstered by solid results in Spread Products and
Equities.
Nomura
reported earnings per share of 22.36 yen, up 24% from the previous quarter and
three times higher than the same period last year. The company's return on
equity (ROE) for the first quarter stood at 8.1%.
Looking
ahead, Okuda emphasized the company's commitment to its global strategy,
stating, “We will continue to intensify our global strategy leveraging our
Japan franchise to consistently achieve ROE of 8 to 10 percent or more.”
Several
months ago, Bloomberg reported that the company led by Okuda has set an
ambitious financial target for the coming years. The goal is to reach a pre-tax
income of over 500 billion yen (approximately $3.2 billion) by the end of March
2031.
Personnel Changes and
Strategic Investments
In recent
developments, Nomura has brought on board a new Chief Economist for Developed
Markets, David Seif. The appointee, who has a doctoral degree, brings more than 15 years of
experience in macroeconomic research from prominent hedge funds. According to
official statements, the new economist will be stationed in New York and will
report directly to the heads of Global Macro Research and US Fixed Income
Research.
Simultaneously,
the company has bolstered its rates trading capabilities in the Europe, Middle
East, and Africa (EMEA) region. A new Head of EMEA Flow Rates, Hemish Shah, has been
appointed, bringing over 15 years of expertise in the rates market. The new
hire previously held a senior position at a major German bank, overseeing
European government bonds, bond derivatives, and Euro inflation trading.
Earlier
this year, Nomura established a new subsidiary aimed at consolidating its
public and private credit offerings for institutional clients in the Americas.
The CEO of this new entity stated, “NCM was created to tap into growing
demand from US institutional and intermediary investors for credit market
expertise.”
Nomura
Holdings, Inc., Japan's largest brokerage and investment bank, reported a
robust first quarter for the fiscal year 2025 (FY25), with net income more than
tripling year-on-year (YoY) to 68.9 billion yen ($428 million).
Nomura Reports Strong Q1
Results, Wealth Management Hits Nine-Year High
The
company's three core business segments posted a combined pretax income of 86.6
billion yen, up 12% from the previous quarter and three times higher than the
same period last year. This marks the fifth consecutive quarter of growth for
these segments.
Nomura's
Wealth Management division recorded its best quarterly performance in nine
years, with pretax income surging 84% YoY to 42.3 billion yen. The division's
success was attributed to record-high recurring revenue assets and recurring
revenue, driven by a segment-based approach to client services.
“Our
Wealth Management business had its best quarter in nine years as our
segment-based approach drove recurring revenue assets and recurring revenue to
a record high,” said Kentaro Okuda, Nomura's President and Group CEO.
The
Investment Management division also saw significant growth, with assets under
management reaching an all-time high of 92.5 trillion yen. Pretax income for
this segment jumped to 23.2 billion yen, a 6.4-fold increase from the previous
year. Notably, alternative assets under management surpassed 2 trillion yen,
reflecting the company's expanding presence in private markets.
Wholesale
division revenues remained strong, with pretax income increasing 3%
quarter-on-quarter to 21.1 billion yen, despite a slowdown in Investment
Banking due to fewer executed deals and seasonal factors in Japan. The
division's performance was bolstered by solid results in Spread Products and
Equities.
Nomura
reported earnings per share of 22.36 yen, up 24% from the previous quarter and
three times higher than the same period last year. The company's return on
equity (ROE) for the first quarter stood at 8.1%.
Looking
ahead, Okuda emphasized the company's commitment to its global strategy,
stating, “We will continue to intensify our global strategy leveraging our
Japan franchise to consistently achieve ROE of 8 to 10 percent or more.”
Several
months ago, Bloomberg reported that the company led by Okuda has set an
ambitious financial target for the coming years. The goal is to reach a pre-tax
income of over 500 billion yen (approximately $3.2 billion) by the end of March
2031.
Personnel Changes and
Strategic Investments
In recent
developments, Nomura has brought on board a new Chief Economist for Developed
Markets, David Seif. The appointee, who has a doctoral degree, brings more than 15 years of
experience in macroeconomic research from prominent hedge funds. According to
official statements, the new economist will be stationed in New York and will
report directly to the heads of Global Macro Research and US Fixed Income
Research.
Simultaneously,
the company has bolstered its rates trading capabilities in the Europe, Middle
East, and Africa (EMEA) region. A new Head of EMEA Flow Rates, Hemish Shah, has been
appointed, bringing over 15 years of expertise in the rates market. The new
hire previously held a senior position at a major German bank, overseeing
European government bonds, bond derivatives, and Euro inflation trading.
Earlier
this year, Nomura established a new subsidiary aimed at consolidating its
public and private credit offerings for institutional clients in the Americas.
The CEO of this new entity stated, “NCM was created to tap into growing
demand from US institutional and intermediary investors for credit market
expertise.”
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Week In Review: Chaos at BDSwiss , IronFX Founder's Prop Firm, US FX Deposits, and More
Transformation in the APAC Trading Landscape and Beyond | FMPS:24
Transformation in the APAC Trading Landscape and Beyond | FMPS:24
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective on the trends, innovations, and trader needs that are shaping the future of offerings on a global scale.
Speakers:
Eric Blewitt, CEO, Investment Trends
Rhys Bollen, Senior Executive Leader, Digital Assets, Australian Securities and Investments Commission (ASIC)
Michael Bogoevski, Head of Institutional Sales, CMC Connect
Karin Setchell, General Manager, Product & Investing Solutions, CommSec
#fmps #fmps24 #fmevents #RetailTrading #FintechInnovation #FinancialRegulation #DigitalAssets #GlobalFinance
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective on the trends, innovations, and trader needs that are shaping the future of offerings on a global scale.
Speakers:
Eric Blewitt, CEO, Investment Trends
Rhys Bollen, Senior Executive Leader, Digital Assets, Australian Securities and Investments Commission (ASIC)
Michael Bogoevski, Head of Institutional Sales, CMC Connect
Karin Setchell, General Manager, Product & Investing Solutions, CommSec
#fmps #fmps24 #fmevents #RetailTrading #FintechInnovation #FinancialRegulation #DigitalAssets #GlobalFinance
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
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Executive Interviews with Joe Li & Simon Naish | ATFX | FMPS:24
Executive Interviews with Joe Li & Simon Naish | ATFX | FMPS:24
In this Finance Magnates Executive Interview, Joe Li, Chairman at ATFX and Simon Naish, Country Head of Australia at ATFX Connect, discuss ATFX’s strategic growth in the APAC region, particularly focusing on their institutional arm, ATFX Connect. They highlight the importance of Australia as a strategic hub, the challenges of operating in a highly competitive and regulated market, and their plans for regional expansion across APAC. The conversation touches on the integration of advanced technology and multi-asset offerings, the significance of optimal execution tools, and the importance of tailoring solutions to meet the sophisticated demands of institutional clients. They also emphasize their strong regulatory compliance and their commitment to enhancing client experience through innovative tools and infrastructure.
#fmps #fmps24 #fmevents #ATFXConnect #APACFinance #InstitutionalTrading #FinancialTechnology #MarketExpansion
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
In this Finance Magnates Executive Interview, Joe Li, Chairman at ATFX and Simon Naish, Country Head of Australia at ATFX Connect, discuss ATFX’s strategic growth in the APAC region, particularly focusing on their institutional arm, ATFX Connect. They highlight the importance of Australia as a strategic hub, the challenges of operating in a highly competitive and regulated market, and their plans for regional expansion across APAC. The conversation touches on the integration of advanced technology and multi-asset offerings, the significance of optimal execution tools, and the importance of tailoring solutions to meet the sophisticated demands of institutional clients. They also emphasize their strong regulatory compliance and their commitment to enhancing client experience through innovative tools and infrastructure.
#fmps #fmps24 #fmevents #ATFXConnect #APACFinance #InstitutionalTrading #FinancialTechnology #MarketExpansion
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
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Ready to Scale? Regtech in Australia, A Global View | FMPS:24
Ready to Scale? Regtech in Australia, A Global View | FMPS:24
In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia's RegTech sector—ranked third-largest globally—remains underfunded. Join this insightful fireside chat to explore the future of Australia’s RegTech hub and its global potential.
Key discussion points include uncovering the hidden opportunities in RegTech that VCs are overlooking, the necessary steps for increased governmental support, the readiness of the local ecosystem to collaborate across global regulatory regimes, and lessons learned from other leading fintech hubs around the world.
Speakers:
Dickie Currer, National Lead, Tech Australia Advocates
Deborah Young, CEO, The RegTech Association
#fmps #fmps24 #fmevents #RegTech #Fintech #AustralianFintech #GlobalCompliance #TechInnovation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia's RegTech sector—ranked third-largest globally—remains underfunded. Join this insightful fireside chat to explore the future of Australia’s RegTech hub and its global potential.
Key discussion points include uncovering the hidden opportunities in RegTech that VCs are overlooking, the necessary steps for increased governmental support, the readiness of the local ecosystem to collaborate across global regulatory regimes, and lessons learned from other leading fintech hubs around the world.
Speakers:
Dickie Currer, National Lead, Tech Australia Advocates
Deborah Young, CEO, The RegTech Association
#fmps #fmps24 #fmevents #RegTech #Fintech #AustralianFintech #GlobalCompliance #TechInnovation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Resilience in Trading: From Third Class To World Class | FMPS:24
Resilience in Trading: From Third Class To World Class | FMPS:24
Join Mario Singh, Founder and Chairman of Fullerton Markets, as he shares his life story, highlighting the traits that were required starting without financial knowledge to become a financial and trading expert recognised by world-renowned media like CNBC & Bloomberg.
#fmps #fmps24 #fmevents #trading #onlinetrading #tradingexpert #tradingjourney
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Join Mario Singh, Founder and Chairman of Fullerton Markets, as he shares his life story, highlighting the traits that were required starting without financial knowledge to become a financial and trading expert recognised by world-renowned media like CNBC & Bloomberg.
#fmps #fmps24 #fmevents #trading #onlinetrading #tradingexpert #tradingjourney
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
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🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
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IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24
IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24
For most brokers, IBs and trading educators are invaluable partners, driving highly targeted traffic from key regions. However, without proper management, these relationships can quickly turn sour. In this session, gain an insider’s perspective on the types of licenses IBs need in APAC, the crucial details in IB agreements that both parties must scrutinize, common disputes between IBs and brokers and effective resolutions, and the pros and cons of transitioning from IB to broker.
Speakers:
Melody Gao, Senior Lawyer, Sophie Grace
James Perry-Keene, Head of Strategic Partnerships, Pepperstone
Christopher Balanzategui, CEO, N3tworx
#fmps #fmps24 #fmevents #IBAgreements #BrokerPartnerships #TradingIndustry #APACFinance #FinancialRegulation
📣 Stay updated with the latest in finance and trading!
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For most brokers, IBs and trading educators are invaluable partners, driving highly targeted traffic from key regions. However, without proper management, these relationships can quickly turn sour. In this session, gain an insider’s perspective on the types of licenses IBs need in APAC, the crucial details in IB agreements that both parties must scrutinize, common disputes between IBs and brokers and effective resolutions, and the pros and cons of transitioning from IB to broker.
Speakers:
Melody Gao, Senior Lawyer, Sophie Grace
James Perry-Keene, Head of Strategic Partnerships, Pepperstone
Christopher Balanzategui, CEO, N3tworx
#fmps #fmps24 #fmevents #IBAgreements #BrokerPartnerships #TradingIndustry #APACFinance #FinancialRegulation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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