Chris Oliver of MarketWatch.com wrote that "Analysts say strong earnings had been expected, as turnover on the Tokyo Stock Exchange is running almost double levels for the same quarter in 2005."
Nomura reported Q1 Net revenue of 205.9 billion yen ($1.77b), Non-interest expenses of 172.5 billion yen ($1.48b), Net income of 20.1 billion yen ($172.5m), and a ROE of 3.9%.
Nomura's Q1 dividend will be 8 yen per share as previously announced, payable on September 1st.
Nomura's President and CEO Nobuyuki Koga stated, "The first quarter proved tough overall compared to the previous quarter. However, we continue to make steady progress with our strategy to expand into new areas of growth."
Nomura's ordinary shares (Tokyo: 8604) lost 1.63% to close at 1,992 yen ($17.10), prior to its after hours earnings announcement. Nomura's ADRs closed down 1.14% yesterday at $17.42.
Nomura Holdings (NMR) 1-year chart: