Nomura Q2 Profit Climbs, Assets Under Management Up - Quick Facts

(RTTNews) - Japanese brokerage firm Nomura Holdings Inc. (NMR) reported Thursday that its second-quarter net income attributable to shareholders increased 31 percent year-on-year to 61.2 billion Japanese yen or $604 million.

Income before income taxes increased 4.1 times from last year to 81.8 billion yen or $808 million.

Net revenue for the second quarter was 347 billion yen or $3.4 billion, up 3 percent year on year.

The company noted that assets under management increased for the first time in three quarters to 38.5 trillion yen on continued inflows into ETFs and the investment advisory business and a recovery in market conditions.

Nomura Group CEO Koji Nagai said, "Into the second half of the year, we will continue to respond swiftly to changes in client needs and the market, and transform our business model to reinforce our position as Asia's global investment bank."

Further, for the first half of the current fiscal year, Nomura has declared a dividend of 9 yen per share to shareholders of record as of September 30. The dividend is scheduled to be paid on December 1.