Nomura Shares Jump as Wholesale Revenue Runs 30% Higher

Earnings

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Summary · why it matters

Nomura Holdings said wholesale revenue is running more than 30% higher year-on-year so far this quarter as of June 12, driven mainly by equity products. Shares climbed as much as 4.5% after the update, bringing this year's gain to 12%. Bloomberg Intelligence analyst Francis Chan said Nomura could beat consensus expectations for a roughly flat 2.2 trillion yen top line in the year ending March 2027, pointing to wholesale strength and a 68% surge in Tokyo Stock Exchange cash-equity turnover so far in 2026.

Nomura Holdings, Inc. ▲