Nomura Holdings' stock price fell by over 5% at one point, with crypto asset business impairment losses dragging down performance

Odaily News: Nomura Holdings' stock price dropped by 5.3% to 1,338 yen during early trading on the 2nd. This followed the company's disclosure of its fiscal year 2025 October–December (third quarter) financial results, which were negatively received by the market due to impairment losses related to its crypto asset business.

The report indicated that Laser Digital Holdings, Nomura's Swiss subsidiary engaged in crypto asset trading, recorded a loss during the quarter due to market volatility. The specific amount was not disclosed, but analysts estimate the loss could exceed 10 billion yen. Nomura's CFO stated that the company has reduced its risk exposure through stricter position management but still believes the crypto asset business holds development potential in the medium to long term.

The financial report shows that Nomura Holdings' consolidated net profit for the third quarter was 91.6 billion yen, falling short of market expectations of 95.1 billion yen. Simultaneously, the company announced a share buyback plan of up to 60 billion yen, representing approximately 3.2% of its issued shares. (Bloomberg)