Nomura is aiming to nearly double its profits by the decade’s end, introducing a strategic overhaul to its financial operations.
![Nomura signage outside its headquarters in Tokyo, Japan. PHOTO: Angela Weiss | AFP | Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/11/106861354-1617102810428-gettyimages-1231999616-JAPAN_NOMURA-1024x576.webp)
In a detailed investor presentation, CEO Kentaro Okuda unveiled ambitious targets, setting a pre-tax income goal of over ¥500 billion ($3.2 billion) by the fiscal year ending in March 2031. This objective marks an aggressive push to maintain the financial momentum achieved last year, which was