Nomura Holdings reported second quarter results for fiscal year 2027, featuring a significant earnings beat despite a slight miss on net revenue. While quarterly profitability moderated from a record-breaking first quarter, the firm demonstrated robust year-over-year growth across its primary business segments, driven by strong performance in Wealth Management and the integration of new assets within Investment Management.
Key Highlights
- Assets Under Management (AUM) reached a record ¥152.8 trillion as of September 30, 2026, significantly exceeding the ¥105.0 trillion expectation.
- Wealth Management pre-tax income surged 62.1% year-over-year to ¥136.7 billion for the first half of the fiscal year, supported by high net revenue of ¥286.9 billion.
- Wholesale division pre-tax income for the six-month period rose 46.6% to ¥139.4 billion, reflecting strong client activity despite a 16.3% sequential decline in quarterly segment revenue.