Japan's biggest brokerage Nomura has raised its annual pretax profit target by 50 percent following a record year.
Nomura seeks to post at least ¥750 billion ($4.7 billion) in annual pretax income by the year ending March 2031.
The target represents a significant increase from previous goals and comes after strong recent performance at the firm.
Japanese listed firms posted record net profits for the year ended March 2025. The figure marked a fifth straight year of highs, driven by strong results from semiconductor and data center companies.
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वित्त वर्ष 2026 के चौथे तिमाही में निफ्टी 50 कंपनियों के शुद्ध लाभ वृद्धि ईरान-अमेरिका युद्ध के मूल्य प्रभावों से धीमी रहने की उम्मीद है। ब्रोकरेज फर्मों के अनुसार, यह वृद्धि सालाना आधार पर 0.6% से 6% के बीच रहेगी।
Birla Corporation reported a 15% year-on-year increase in net profit for the March-ended quarter. Revenue rose modestly while the company announced a dividend payout.
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Honda Motor has posted its first annual loss since 1957, recording 423 billion yen or $2.68 billion for the financial year that ended in March. The company confirmed the figures on May 14, attributing the shortfall mainly to heavy spending on electric vehicles.