Investing
Japan’s Nomura Q2 net profit doubles on solid domestic businesses
© Reuters. FILE PHOTO: The logo of Nomura Securities is seen at the company’s Head Office in Tokyo, Japan, November 28, 2016. REUTERS/Toru Hanai/File Photo
TOKYO (Reuters) – Nomura Holdings (NYSE:) Inc, Japan’s biggest brokerage and investment bank, on Friday reported a doubling of quarterly net profit, driven by active financing deals and a strong stock market at home.
July-September profit came in at 35.2 billion yen ($234.51 million) versus 16.8 billion yen a year earlier, when a sharp downturn in global financial markets battered its asset management and investment banking businesses.
($1 = 150.1000 yen)
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