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WEALTH MANAGEMENT | Cesar Tordesillas, Japan
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Nomura incurs $136M net loss for April-Dec.

Nomura incurred a group net loss of US$136 million in the April to December period partly due to a slump in business for corporate customers.

 

It posted a 16.76 billion yen in profit a year earlier.

In the October-December third quarter alone, the company posted a group net profit of US$230.6 million, swinging back into the black after incurring a US$597.3 million net loss in the July-September second quarter, due to recovery in its business.

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