Nomura Holdings Q3 Profit Rises - Quick Facts

(RTTNews) - Nomura Holdings, Inc. (NMR) and its consolidated entities reported third-quarter income before income taxes of 116.1 billion yen, compared to 86.9 billion yen, a year ago. Net income attributable to shareholder was 70.0 billion yen, up from 48.3 billion yen, previous year. Earnings per share was 18.72 yen, compared to 12.65 yen.

Net revenue 425 billion yen, compared to 379 billion yen, prior year.

"We continued to build momentum during the third quarter with net revenue and pretax income both up quarter on quarter and year on year. Pretax and net income for the nine months to December were close to the record high in the same period last year," said Koji Nagai, Group Chief Executive Officer.

Nomura's Board of Directors approved a resolution to set up a share buyback program with an upper limit of 40 million shares of Nomura Holdings common stock. The upper limit of the aggregate amount of the repurchase price will be 30 billion yen. Nomura plans to use the acquired treasury stock to deliver shares upon the exercise of stock options and to raise capital efficiency and ensure a flexible capital management policy.