Nomura Holdings, Inc. (NYSE:NMR) Q4 2025 Earnings Call Transcript April 25, 2025 5:30 AM ET
Company Participants
Takumi Kitamura – Chief Financial Officer
Conference Call Participants
Masao Muraki – SMBC Nikko Securities
Kazuki Watanabe – Daiwa Securities
Natsumu Tsujino – BofA Securities
Koki Sato – JPMorgan Securities
Koichi Niwa – Citigroup Securities
Masaya Otsuka – SBI Securities
Operator
Good day, everyone, and welcome to today’s Nomura Holdings Fourth Quarter and Full Year Operating Results for Fiscal Year Ending March 2025 Conference Call. Please be reminded that today’s conference call is being recorded at the request of the hosting company. Should you have any objections, you may disconnect at this point in time. During the presentation, all the telephone lines are placed for listen-only mode. The question-and-answer session will be held after the presentation.
Please note that this telephone conference contains certain forward-looking statement and other projected results which involve known and unknown risks, delays, uncertainties and other factors not under the company’s control, which may cause actual results, performance or achievement of the company to be materially different from the result, performance or other expectations implied by those projections. Such factors include economic and market conditions, political events and investor sentiment, liquidity of secondary market, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, number and timing of transactions.
With that, we would like to begin the conference. Mr. Takumi Kitamura, Chief Financial Officer, please go ahead.
Takumi Kitamura
Good evening. This is Kitamura, CFO of Nomura Holdings. I will now give you an overview of our financial results for the fourth quarter and full year of fiscal year ended March 2025.
Please turn to page two. First of all, our full-year results, as you can see in the bottom left, Group net revenue increased 21% percent year-on-year to
