Nomura Securities Profit Doubles - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Nomura Securities Profit Doubles

Updated:
TOKYO (AP) — Nomura Securities Co. said Friday its profits for the fiscal half more than doubled from a year ago, thanks to expanded business with corporate clients.

Earnings for the six months ending Sept. 30 soared to 117.95 billion yen ($1.1 billion) from 53.36 billion in the same period a year ago.

Revenue grew 43 percent on year to 659.91 billion yen ($6.1 billion) from 461.62 billion yen a year earlier.

Although stock brokerage commissions dropped 22 percent due to the slump in the Japanese stock market, stock and bond underwriting commissions grew 12 percent.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.