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Nomura Exclusive: Q2 2024 Estimates Beat as Net Income Triples from 2023

Nomura Holdings Inc. has reported a substantial increase in net income, which tripled to ¥68.9 billion ($446 million) for the quarter ending June 30, 2024, surpassing analyst expectations.

The logo of Nomura Securities is pictured at the company’s Otemachi Head Office in Tokyo, Japan, Nov. 18, 2016. PHOTO: File Photo
The logo of Nomura Securities is pictured at the company’s Otemachi Head Office in Tokyo, Japan, Nov. 18, 2016. PHOTO: File Photo

The average forecast had been ¥56.6 billion, but a robust rally in Japan’s stock market significantly boosted the firm’s wealth management and trading revenues.

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