Latest news with #NomuraHoldings
Business Insider
3 days ago
- Business
- Business Insider
Morgan Stanley Remains a Hold on Nomura Holdings (NRSCF)
In a report released on May 29, Mia Nagasaka from Morgan Stanley maintained a Hold rating on Nomura Holdings (NRSCF – Research Report), with a price target of Yen940.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Nagasaka is an analyst with an average return of -1.6% and a 42.86% success rate. Nagasaka covers the Financial sector, focusing on stocks such as Chiba Bank, MS&AD Insurance Group Holdings, and Nomura Holdings. The word on The Street in general, suggests a Hold analyst consensus rating for Nomura Holdings. Based on Nomura Holdings' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1217885000 thousand and a net profit of $68.94 billion. In comparison, last year the company earned a revenue of $317.42 billion and had a net profit of $23.33 billion
Japan Times
28-05-2025
- Business
- Japan Times
Nomura faces rare vote on shareholder's proposal of a name change
Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next month, as activism in the nation's stock market heats up. The proposal seeks to change the company's name to Nomura Securities Group, according to a notice of the meeting. The shareholder isn't identified but is a former employee of Nomura's brokerage unit, according to a person familiar with the matter. A name change would help the company return to the principles of its founder, Tokushichi Nomura, after the firm went through a series of scandals, according to the shareholder. Those include manipulative trading in bond derivatives, which led to the company getting hit with a regulatory penalty and being temporarily left out from corporate bond deals. The board of Nomura is opposed to the proposal, according to the notice. The brokerage, which is commemorating its 100th anniversary this year, said it operates financial services globally beyond the securities business and its current name is widely recognized as the holding company of a financial services group. Activist investors are pressuring Japanese companies to boost shareholder returns, in line with a push by the Tokyo Stock Exchange and the government to make the nation's equity market more attractive for global investors. Many more stockholder activism campaigns in Japan are likely even after the proxy season wraps up in June, according to Bloomberg Intelligence analyst Yasutake Homma. In general for shareholder proposals, there likely are a fair number of cases where issues are resolved through dialogue with investors before general meetings, said Hideyasu Ban, another Bloomberg Intelligence analyst. "Companies may also persuade shareholders to withdraw their proposals ahead of time,' Ban said. "It is possible that no proposals have reached the stage of a vote as a result of such efforts.' Nomura's founder was born in 1878, also the year in which the Osaka and Tokyo stock exchanges were founded. He left behind a series of principles, including that the company's mission is to "enrich the nation through the securities business,' according to the firm's website.
Business Times
28-05-2025
- Business
- Business Times
Nomura faces rare vote over shareholder's name-change proposal
[TOKYO] Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next month, as activism in the nation's stock market heats up. The proposal seeks to change the company's name to Nomura Securities Group, according to a notice of the meeting. The shareholder is not identified but is a former employee of Nomura's brokerage unit, according to a source familiar with the matter. A name change would help the company return to the principles of its founder, Tokushichi Nomura, after the firm went through a series of scandals, according to the shareholder. Those include manipulative trading in bond derivatives, which led to the company getting hit with a regulatory penalty and being temporarily left out from corporate bond deals. The board of Nomura is opposed to the proposal, according to the notice. The brokerage, which is commemorating its 100th anniversary this year, said it operates financial services globally beyond the securities business and its current name is widely recognised as the holding company of a financial services group. Activist investors are pressuring Japanese companies to boost shareholder returns, in line with a push by the Tokyo Stock Exchange and the government to make the nation's equity market more attractive for global investors. Many more stockholder activism campaigns in Japan are likely even after the proxy season wraps up in June, according to Bloomberg Intelligence analyst Yasutake Homma. In general for shareholder proposals, there likely are a fair number of cases where issues are resolved through dialogue with investors before general meetings, said Hideyasu Ban, another Bloomberg Intelligence analyst. 'Companies may also persuade shareholders to withdraw their proposals ahead of time,' Ban said. 'It is possible that no proposals have reached the stage of a vote as a result of such efforts.' Nomura's founder was born in 1878, also the year in which the Osaka and Tokyo stock exchanges were founded. He left behind a series of principles including that the company's mission is to 'enrich the nation through the securities business', according to the firm's website. BLOOMBERG
Bloomberg
27-05-2025
- Business
- Bloomberg
Nomura Faces Rare Vote Over Shareholder's Name-Change Proposal
Nomura Holdings Inc. has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next month, as activism in the nation's stock market heats up. The proposal seeks to change the company's name to Nomura Securities Group Inc., according to a notice of the meeting. The shareholder isn't identified but is a former employee of Nomura's brokerage unit, according to a person familiar with the matter.
Bloomberg
22-05-2025
- Business
- Bloomberg
Nomura Raises Top Executives' Pay to Highest in Over a Decade
Nomura Holdings Inc. increased pay for its top executives to the highest in more than a decade, as Japan's biggest brokerage posted a record annual profit on the back of the nation's retail investment boom. Compensation paid in the year ended March to the company's seven executive officers totaled ¥4.6 billion ($32 million), up 3% from the previous year when there were eight such officers, according to a notice for a planned annual shareholders meeting next month. On average their pay rose 18%.
