Nomura Holdings plans to nearly double pretax profit to over ¥500bn by 2030 under CEO Kentaro Okuda's 'sustainable growth' strategy.

Nomura Holdings plans to nearly double its pretax profit to over ¥500bn ($3.2bn) by 2030, as part of CEO Kentaro Okuda's strategy for 'sustainable growth'. This comes after last year's profit growth, reaping benefits from a revival in domestic financial markets. The company aims to boost profitability and limit volatility risk in its key wholesale division, despite challenges in maintaining elevated costs within this division.

May 14, 2024
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