Nomura’s second-quarter profit rises by about 13%, with earnings supported by stronger performance in wealth management and related stock-trading activities, despite ongoing market uncertainty. Japan Times reports net income increases to ¥103.7 billion ($657 million) for the July-to-September period.
Other outlets similarly describe the same quarter’s improvement, attributing the gain to higher wealth management fees. Channel NewsAsia highlights that growing wealth management income drives the increase, while Seeking Alpha also frames the result as profit improving quarter-on-quarter and points to wealth management as a key factor.
Across the coverage, the common theme is that Nomura’s wealth management business helps offset uncertainty elsewhere. The main differences are the level of detail provided and whether specific figures and the time window are stated.
