Nomura Holdings Q2 2026 Earnings Call: Navigating Challenges with Strong Wealth Management and Investment Management Divisions

Nomura Holdings reported Q2 2026 net revenue of JPY515.5 billion, down 2% from last quarter, and income before income taxes of JPY136.6 billion, down 15%. Net income was JPY92.1 billion, down 12%. Wealth management net revenue increased 10%, investment management net revenue rose 20%, and wholesale division net revenue grew 7%. Assets under management reached JPY101.2 trillion. The company faced a negative impact of JPY4.8 billion on profits due to phishing scams.