Japan's Nomura posts drop of 51% in Q2 profit


TOKYO, Oct 28 (Reuters) - Japan's biggest brokerage and investment bank, Nomura Holdings Inc 8604.T, posted on Wednesday a drop of 51.2% in second-quarter net profit on the year.

July-September profit came in at 67.6 billion yen ($645.65 million), down from 138.6 billion yen a year earlier. That compared with the 58.95 billion average of two analyst estimates compiled by Refinitiv.

($1=104.7000 yen)

(Reporting by Takashi Umekawa)


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.