Nomura Holdings Inc stands as a financial services company based in Japan. Recently, it has reported its financial figures for the fiscal year of 2021-21, which measured from October to December of 2021. During this period, the company has managed to report net revenue of 402.1 billion Yen for this period, equal to around $3.9 billion. This stands as a 20% increase when viewed year-on-year, as well as a 9% increase, viewed quarterly.
A Good Year Overall
Nomura had started its fiscal year with quite a high note, managing to accrue 460.7 billion Yen in revenue for its first quarter, which is worth about $4.3 billion. The second quarter wasn’t that generous, however, with the Japanese company suffering a 20% dip in revenue. While the company’s third-quarter numbers aren’t close to the numbers recorded in the first, it still signifies a magnificent bounce-back from the previous quarter.
Every Sector gaining Success
Nomura has three clear divisions to categorize its business in: Asset management, retail and wholesale, which can then be divided between its international and Japanese businesses. The company can proudly proclaim that this jump in income and revenue was experiences across all of its decisions, as well.
Business Is Booming
The Retail division saw its pre-tax Q3 income stand at a hefty 28.3 billion Yen, which itself stands as a three-year high in the division. These numbers stand as a 61% increase on a yearly basis, as well as a 24% increase on a quarterly basis. After the numbers were crunched, the department recorded an impressive net revenue of 98.2 billion Yen, which itself stands as a 9% yearly and 6% quarterly increase, respectively.
The management division was even better in terms of performance. The firm recorded a 47% yearly increase and a 39% monthly increase in net revenue, boasting a hefty 37.3 billion Yen. The pre-tax income for this department managed to shoot towards 22.3 billion Yen, which stands as a year-on-year increase of 140%. Seeing these numbers, it’s no surprise that Nomura declared the pre-tax income and net revenue of this division to be the strongest it’s been in nineteen years.
The wholesale division has equally impressive numbers to boast about. While it did improve the least in some areas, relatively speaking, it still improved. The department’s revenue was only 1% more than it was last quarter, but was 20% ore when viewed on a yearly basis. As for its pre-tax income, this stands at 76.9 billion Yen, which boasts an incredibly 78% increase when viewed on a quarterly basis.
