Nomura reports Q4 and annual results

by Richard Kilner

Story link: Nomura reports Q4 and annual results

Nomura Holdings, Inc. has reported its consolidated financial results for the full year and fourth quarter ended 31 March 2010.

Annually, the firm saw net revenues total 1,150.8bn yen, with 105.2bn yen pre-tax profits and net income attributable to Nomura Holdings of 67.8bn yen.

This compares very favourably to the 2009 annual pre-tax loss of 779bn yen and net loss of 709bn yen.

In the fourth quarter, net revenue was recorded at 277.9bn yen with pre-tax income of 28.6bn yen and net income attributable to Nomura Holdings of 18.4bn yen.

President and Chief Executive Officer Kenichi Watanabe has welcomed Nomura’s strong performance throughout the year, with a profit posted in each and every quarter.

Watanabe went on to say that the firm intended to retain its robust financial position and work towards becoming a top-tier global investment bank.