)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
Nomura
Nomura (8604) investor relations material
Nomura Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary30 Jan, 2026
Executive summary
ROE reached 10.3% for Q3, meeting the 2030 target for the seventh consecutive quarter; group net revenue was ¥551.8 billion, up 7% quarter-on-quarter.
Net income for Q3 was ¥91.6 billion, down 1% sequentially; EPS was ¥30.19.
All four main divisions performed solidly, but digital asset-related businesses in 'Other' incurred losses due to market downturns.
Wealth Management and Wholesale segments achieved record or near-record results, while Investment Management completed the Macquarie acquisition, boosting AuM to ¥134.7 trillion.
Announced a share buyback program up to 100 million shares or ¥60 billion, running from February to September.
Financial highlights
Net revenue for 3Q FY25/26 was ¥551.8 billion (+7% QoQ, +10% YoY); income before income taxes ¥135.2 billion (-1% QoQ, -2% YoY); net income ¥91.6 billion (-1% QoQ, -10% YoY).
For 1Q–3Q FY25/26, net revenue was ¥1,590.5 billion (+10% YoY), income before income taxes ¥432.1 billion (+15% YoY), and net income ¥288.2 billion (+7% YoY).
Group-wide expenses increased 10% quarter-on-quarter to ¥416.5 billion, driven by FX impact, one-off costs, and strategic investments.
Total assets as of December 31, 2025, were ¥61,935.2 billion, up ¥5,133.0 billion from March 31, 2025, mainly due to higher trading assets.
EPS for 3Q was ¥30.19; 1Q–3Q EPS was ¥94.67 (+8% YoY); basic EPS for the period was ¥97.73, up 7.5% YoY.
Outlook and guidance
Wealth management net revenue in January is tracking at Q3 levels; client sentiment remains favorable.
Global Markets expected to remain stable in Q4, though Investment Banking started slightly slower.
Preparations for new deposit sweep service in Banking are progressing for FY26/27.
Future expenses of $100 million related to the Macquarie acquisition will be recognized mainly over the next year.
Laser Digital: future volatility control
Macquarie integration cost timeline
Wealth Management margin sustainability
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Nomura earnings date
Q4 202624 Apr, 2026
Nomura
Next Nomura earnings date
Q4 202624 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Nomura Holdings Inc. is a leading financial services group offering a wide array of services to a diverse client base that includes individuals, corporations, financial institutions, governments, and governmental agencies. The company's operations segmented into Retail, Investment Management, and Wholesale, Nomura delivers comprehensive financial products, investment consultation services, fund and investment trust management, as well as advisory and underwriting services. The company is headquartered in Tokyo, Japan, and its shares are listed on the New York Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage