Nomura Holdings Inc Investor Day Transcript

May 12, 2021 / NTS GMT
Kentaro Okuda - Nomura Holdings, Inc. - President, Group CEO, Representative Executive Officer & Director

[Interpreted] Thank you. I'm Okuda from Nomura Holdings. Thank you for attending our Investor Day event despite your tight schedule. Today, firstly, I would like to explain our strategy as well as initiatives we are working on. And then this time, we have division heads from 3 divisions, who will talk about their strategy as well as the current status of each business.

Then let me begin my presentation. Firstly, in our U.S. operations, there was the incident that led to loss and we caused lots of concerns to you. And regarding the incident, let me briefly give you the overview of the status. On the 27th of April, when we announced our earnings, the related positions were unbound at 97% or more. And as of 10th of May, we've completed the unwinding up to 99% or more. So the process has almost been completed. Moving forward to prevent the recurrence of risk event, we will be thoroughly implementing measures and establish a mechanism to support our Wholesale strategy.

So there is some

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