Nomura Doubles Q4 FY22 Revenue, Recurring Business Strengthens

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  Overall yearly revenue declined by 3 percent.

  It closed the year with 45.23 yen as earnings per share.

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  The group ended the last quarter with 340.8 billion yen ($2.8 billion), which also declined by 3 percent quarter-over-quarter. The total net revenue for the entire year came in at 1.36 trillion yen ($11.2billion).

  It reported an annual pre-tax income of 226.6 billion yen ($1.9 billion), while the net stood at 143.0 billion yen ($1.2 billion). It closed the year with 45.23 yen as earnings per share. The return on equity for the year was 5.1 percent.

  Coming to the fourth-quarter numbers, the pre-tax income was 49.5 billion yen ($408 million), with the net income at 31 billion yen ($255 million).

  Divisional Performance

  Nomura categorizes its businesses into three segments: retail, investment management and wholesale. All of the business divisions reported a quarter-over-quarter decline in their financial parameters.

  The retail division generated net revenue of 70.5 billion yen, which was down 19 percent quarter-over-quarter and 27 percent year over year. The pre-tax income also declined to 5.2 billion yen, down 71 percent from the previous quarter and 80 percent yearly.

  The retail annual recurring revenue, on the other hand, witnessed a yearly jump of 23 percent. The jump was fueled by an increase in net inflows. However, the sales of stocks and investment trusts slowed down in the fourth quarter.

  Nomura generated 10.1 billion yen as net revenue from its investment management business and another 194.9 billion yen from the wholesale division.

  “Despite market volatility due to changes in monetary policy and heightened geopolitical risks, Global Markets maintained strong revenue momentum underpinned by disciplined risk management and diversification across regions and products,” said Nomuras President and Group CEO Kentaro Okuda.

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