Nomura Posts Record Annual Profit of 362 Billion Yen

Japan's largest brokerage reported a record annual profit on Friday as structural growth in domestic wealth management offset Middle East geopolitical risks.

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NOMURA HOLDINGS INC, the largest investment bank and brokerage in Japan, has reported record annual profits for the second consecutive year. Despite the geopolitical tensions involving the United States, Israel, and Iran, the firm maintains that structural growth factors within its domestic market remain intact.

The Nomura corporate logo displayed at the firm's office in Manhattan, New York City. REUTERS/Carlo Allegri
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