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Nomura Holdings (8604) · FactMitigatedLatest Earnings presentation (2026-08-03): "Cited as achieved"

Wholesale Division Swings to a Loss Before Tax

First written in FY2019-Q1. 8 of 21 entries say "Mitigated", first in FY2020-Q1. Latest entry: 2026-08-03.

21entries
9years
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ProgressHeldSoftenedWorseMitigatedFY2025-H12018: 220182019: 320192020: 320202021: 320212022: 220222023: 220232024: 220242025: 020252026: 42026
Same theme, other companies
Wholesale division’s swing to a pre-tax loss and recovery to profitabilityA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025-H1MitigatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥508.2 billion. Expenses other than financial expenses were ¥441.8 billion, resulting in pre-tax interim net income of ¥66.4 billion.」

    The wholesale division's pre-tax income increased from ¥10.4 billion in the same period of the previous year to ¥66.4 billion, remaining profitable.
  2. FY2024-Q3RestatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥611.9 billion. Expenses other than financial expenses were ¥578.6 billion, resulting in pre-tax quarterly net income of ¥33.3 billion.」

    The wholesale division remained profitable, recording pre-tax income of ¥33.3 billion, but this was below ¥43.6 billion in the same period of the previous year.
  3. FY2024-Q1WorsenedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥190.9 billion. Expenses other than financial expenses were ¥188.7 billion, resulting in pre-tax quarterly net income of ¥2.1 billion.」

    The wholesale division remained profitable, but pre-tax income decreased from ¥25.3 billion in the same period of the previous year to ¥2.1 billion.
  4. FY2023-Q3RestatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥593.5 billion. Expenses other than financial expenses were ¥549.9 billion, resulting in pre-tax quarterly net income of ¥43.6 billion.」

    The wholesale division recorded pre-tax income of ¥43.6 billion, remaining profitable and exceeding ¥37.4 billion in the same period of the previous year.
  5. FY2023-Q1MitigatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥199.0 billion. Expenses other than financial expenses were ¥173.7 billion, resulting in pre-tax quarterly net income of ¥25.3 billion.」

    The wholesale division swung from a pre-tax loss of ¥28.4 billion in the same period of the previous year to a profit of ¥25.3 billion. The absence of the loss on transactions with U.S. clients recognized in the same period of the previous year boosted equity revenue.
  6. FY2022-Q3MitigatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥508.2 billion. Expenses other than financial expenses were ¥470.7 billion, resulting in pre-tax quarterly net income of ¥37.4 billion. In addition, a loss of ¥65.4 billion was recognized during the period in connection with transactions with U.S. clients conducted by a subsidiary of the company.」

    The wholesale division swung from a cumulative pre-tax loss of ¥3.4 billion in the previous quarter to a profit of ¥37.4 billion. However, this was below ¥230.2 billion in the same period of the previous year and included a loss of ¥65.4 billion arising from transactions with U.S. clients.
  7. FY2022-Q2WorsenedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥305.4 billion. Expenses other than financial expenses were ¥308.8 billion, resulting in a pre-tax quarterly net loss of ¥3.4 billion. In addition, a loss of ¥65.4 billion was recognized during the period in connection with transactions with U.S. clients conducted by a subsidiary of the company.」

    The wholesale division swung from pre-tax quarterly net income of ¥153.3 billion in the same period of the previous year to a loss of ¥3.4 billion, and recognized a loss of ¥65.4 billion arising from transactions with U.S. clients.
  8. FY2022-Q1WorsenedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥132.8 billion. Expenses other than financial expenses were ¥161.1 billion, resulting in a pre-tax quarterly net loss of ¥28.4 billion. In addition, a loss of ¥65.4 billion was recognized during the period in connection with transactions with U.S. clients conducted by a subsidiary of the company.」

    The wholesale division swung from pre-tax quarterly net income of ¥87.9 billion in the same period of the previous year to a loss of ¥28.4 billion. This included a loss of ¥65.4 billion arising from transactions with U.S. clients.
  9. FY2021-Q3RestatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥692.1 billion. Expenses other than financial expenses were ¥461.9 billion, resulting in pre-tax quarterly net income of ¥230.2 billion.」

    The wholesale division's pre-tax income increased from ¥82.1 billion in the same period of the previous year to ¥230.2 billion, remaining profitable.
  10. FY2021-Q2RestatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥469.0 billion. Expenses other than financial expenses were ¥315.6 billion, resulting in pre-tax quarterly net income of ¥153.3 billion.」

    The wholesale division's pre-tax quarterly net income increased from ¥38.9 billion in the same period of the previous year to ¥153.3 billion, remaining profitable.
  11. FY2021-Q1MitigatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥248.7 billion. Expenses other than financial expenses were ¥160.8 billion, resulting in pre-tax quarterly net income of ¥87.9 billion.」

    The wholesale division's pre-tax quarterly net income increased from ¥20.0 billion in the same period of the previous year to ¥87.9 billion in the current quarter, remaining profitable.
  12. FY2020-Q3MitigatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥502.7 billion. Expenses other than financial expenses were ¥420.6 billion, resulting in pre-tax quarterly net income of ¥82.1 billion.」

    The wholesale division swung from a pre-tax quarterly net loss of ¥98.4 billion in the same period of the previous year to a cumulative profit of ¥82.1 billion in the current period.
  13. FY2020-Q2RestatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥316.2 billion. Expenses other than financial expenses were ¥277.3 billion, resulting in pre-tax quarterly net income of ¥38.9 billion.」

    The wholesale division swung from a pre-tax loss of ¥2.5 billion in the same period of the previous year to a cumulative profit of ¥38.9 billion in the current period, remaining profitable.
  14. FY2020-Q1MitigatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥159.5 billion. Expenses other than financial expenses were ¥139.5 billion, resulting in pre-tax quarterly net income of ¥20.0 billion.」

    The wholesale division swung from a pre-tax quarterly net loss of ¥7.4 billion in the same period of the previous year to a profit of ¥20.0 billion in the current quarter.
  15. FY2019-Q3WorsenedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥413.1 billion. In addition, an impairment loss of ¥81.0 billion was recognized on goodwill attributable to the division, bringing expenses other than financial expenses to ¥511.5 billion and resulting in a pre-tax quarterly net loss of ¥98.4 billion.」

    The wholesale division's cumulative pre-tax loss widened from ¥2.5 billion in the previous quarter to ¥98.4 billion, including a goodwill impairment loss of ¥81.0 billion.
  16. FY2019-Q2RestatedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥284.9 billion. Expenses other than financial expenses were ¥287.5 billion, resulting in a pre-tax quarterly net loss of ¥2.5 billion.」

    The wholesale division swung from pre-tax quarterly net income of ¥42.3 billion in the same period of the previous year to a loss of ¥2.5 billion in the cumulative second quarter.
  17. FY2019-Q1First statedAnnual report

    「Total wholesale division revenue, after deducting financial expenses, was ¥137.3 billion. Expenses other than financial expenses were ¥144.7 billion, resulting in a pre-tax quarterly net loss of ¥7.4 billion.」

    The wholesale division swung from pre-tax quarterly net income of ¥25.3 billion in the same period of the previous year to a loss of ¥7.4 billion in the current first quarter.
Moved together

"Year-on-year increases in revenue and profit before tax" moved the same way as this thread, in the same document, in 8 of its 21 moves.

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  1. ★This thread
  2. 1Year-on-year increases in revenue and profit before tax8×
  3. 2Impact of a Low-Volatility Bond Market Environment on Fixed-Income Revenue8×
  4. 3Drawn and Undrawn Leveraged Finance Commitments6×
  5. 4Planned Adoption of New Accounting Standards and Impact Assessment6×
  6. 5Credit exposure and hedging associated with short credit derivative positions6×
  7. 6Increase in AUM Driven by Market Gains and ETF Inflows5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Nomura Holdings's next results are scheduled for 2026-10-28. Read the earnings preview It last moved in the Earnings presentation of 2026-08-03: "Cited as achieved".
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Wholesale Division Swings to a Loss Before Tax | Nomura Holdings, Inc. (8604) | Komori