Major Japanese Brokerages Post Better Earnings in FY 2023
Tokyo, April 30 (Jiji Press)--Five major Japanese securities houses have reported improvements in their bottom lines in fiscal 2023, reflecting brisk trading demand from retail investors thanks to higher stock prices.
Four of them, including industry leader Nomura Holdings Inc., logged earnings and revenue growth for the year through March, while SMBC Nikko Securities Inc. achieved a turnaround to a profit of 16.2 billion yen from the previous year's loss on net operating revenue of 313.3 billion yen, up 40.6 pct.
(2024/04/30-21:28)
To read a full story, please click here to find out how to subscribe.
BUSINESS
- 05/17 21:06 Nozomi Trains to Be with All-Reserved Seating in Aug. 9-18
- 05/17 19:50 5 Japanese Firms to Collaborate over Logistics
- 05/17 12:12 Japan's Jera to Invest 5 T. Yen for Decarbonization
- 05/17 00:16 7-Eleven Convenience Store Chain Marks 50 Years in Japan
- 05/16 22:30 Nippon Life to Invest 3.8 B. Dollars in U.S. Pension Firm
- 05/16 22:10 JR Tokai to Suspend Tunnel Work for Maglev Line
- 05/16 21:47 (Update 2) Toshiba to Cut Maximum of 4,000 Jobs
- 05/16 21:12 Honda to Double Investment to Promote EV Shift
- 05/16 19:42 (Update) Toshiba to Cut Maximum of 4,000 Jobs
- 05/16 19:10 Toshiba to Cut Maximum of 4,000 Jobs
- 05/16 17:57 3 Japan Automakers to Tie Up to Develop In-car Software
- 05/16 10:51 Japan Post Holdings Makes Aflac Affiliate
- 05/15 22:14 Rapidus to Cooperate with U.S. Chip Startup
- 05/15 21:40 (Update) Japan's 3 Megabanks Hit 3 T. Yen in Combined Annual Net Profits
- 05/15 20:52 (Update) Japan Post Insurance, Daiwa Securities to Form Tie-Up
- 05/15 20:42 Honda Cutting Jobs in China
- 05/15 19:57 Kioxia Posts Record Net Loss on Lower Memory Prices
- 05/15 19:24 Sumitomo Chemical Expects to Swing into Profit
- 05/15 18:55 Japan 3 Megabanks' Combined Net Profits Hit 3 T. Yen for 1st Time
- 05/15 16:09 Japan Post Insurance, Daiwa Securities Tie Up in Asset Management
- 05/15 11:14 Japan's Oji Sets Up Forest Plantation Company in Uruguay
- 05/15 09:11 Japan's Casio to Cut 500 Jobs Globally
- 05/14 23:54 70 Pct of Japan Regional Banks Enjoy Profit Growth in FY 2023
- 05/14 22:01 (Update 2) Sharp to Halt LCD Plant in Western Japan by Sept.
- 05/14 21:35 Sony Logs 7 Pct Fall in Operating Profit
- 05/14 20:41 (Update) Rakuten Group Logs 5th Consecutive Jan.-March Loss
- 05/14 20:18 Pasona to Promote Cartilage Conduction Technology
- 05/14 18:19 Rakuten Group Logs 5th Consecutive Jan.-March Loss
- 05/14 17:48 (Update) Sharp to Halt TV LCD Panel Plant in Western Japan by End-June
- 05/14 17:37 GU Offshore Flagship Store to Open in N.Y. in Autumn
- 05/14 16:22 Japan Beer, Quasi-Beer Sales Up 2 Pct in April
- 05/14 14:19 Major Japanese Automakers Post Record Profits in FY 2023
- 05/14 13:35 Sharp to Halt Japan's Only Factory for TV LCD Panels
- 05/14 00:06 (Update 2) SoftBank Group Logs 3rd Straight Annual Net Loss
- 05/13 22:25 (Update) Daiwa Securities to Take 15 Pct Stake in Aozora Bank
- 05/13 19:13 Shimizu Swings to Operating Loss
- 05/13 17:57 (Update) SoftBank Group Posts 3rd Straight Year of Net Loss
- 05/13 17:15 Daiwa Securities to Buy 15 Pct Stake in Aozora Bank
- 05/13 16:59 SoftBank Group Posts 3rd Straight Year of Net Loss
- 05/13 16:53 Daiwa House to Buy U.S. Land Developer
- 05/13 15:32 INTERVIEW: TEPCO Unit Aims for Economic Effects from Wind Plants
- 05/13 10:52 INTERVIEW: Synthetic Methane Crucial for Decarbonization
- 05/13 00:07 Shops Promoting "Cold Bread" to Boost Sales in Summer
- 05/10 23:35 (Update) System Glitch Hits JR East Mobile Suica Payment App
- 05/10 22:31 System Glitch Hits JR East Mobile Suica Payment App
- 05/10 22:19 Honda Posts Record Revenue, Profits
- 05/10 21:59 NTT Docomo to Promote Maeda to CEO
- 05/10 21:35 Price Hikes, Weaker Yen Boost Japanese Manufacturers' Earnings
- 05/09 23:29 Japan Post, Seino to Team Up to Overcome Logistics Crisis
