The Japan Times
Daiwa Securities' profit slumped while SMBC Nikko Securities fell into the red as stock and bond trading revenue at the two Japanese brokerages dropped even before this month’s market turmoil. https://www.japantimes.co.jp/business/2025/04/29/companies/japan-brokerages-volatility/?utm_medium=Social&utm_source=mastodon #business #companies #daiwasecurities #brokerages #smbcnikkosecurities #nomuraholdings
Japanese brokerages struggle with volatility even before tariffs

Net income at Daiwa tumbled 24% year-on-year to ¥30 billion ($208 million) in the three months ended March 31, marking the first decline in eight quarters.

The Japan Times
Apr 29, 2025 at 4:45amBuffer