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.
Reportado por IA
Seven & i Holdings has increased its operating profit forecast for the current fiscal year. The company now expects 425 billion yen in operating profit through February 2027.
Sumitomo Mitsui Trust is considering up to ¥380 billion in digital investments. The bank also plans to spend ¥30 billion on operational optimization and reposition around 900 employees into client-facing roles.