Jan 30, 2020 / 09:30AM GMT
Takumi Kitamura - Nomura Holdings, Inc. - Executive MD & CFO
Good evening. This is Takumi Kitamura, CFO of Nomura Holdings. I will now give you an overview of our results for the third quarter of the year ending March 2020.
Please turn to Page 2. First, let's look at the 9 months until the end of the third quarter. As you can see on the bottom left, net revenue was JPY 1,050,400,000,000, representing an increase of 29% compared to the same period last year. Income before income taxes was JPY 273 billion and net income was JPY 251.5 billion, both up significantly year-on-year. EPS was $75.65, and ROE was 12.6%.
The first half of the current fiscal year remained challenging as concerns of an economic slowdown on the back of U.S.-China trade friction and heightened geopolitical risks, dampened market sentiment. However, market activity started to pick up from October as uncertainties began to ease.
Amid this environment, we were able to accurately tap into revenue-generating opportunities, deliver services matched to the needs of our clients and stringently control costs and
Q3 2020 Nomura Holdings Inc Earnings Call Transcript
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