Nomura Holdings Inc., a leading brokerage firm in Japan, announced lower-than-anticipated profit growth in the first quarter of the fiscal year, despite a rise in net income to 23.3 billion yen ($163 million) from 1.7 billion yen in the previous year.
![](https://krugmaninsights.com/wp-content/uploads/2023/08/Nomura-1024x576.jpg)