Nomura Securities Co. on Friday reported strong earnings for fiscal 2000, while Nikko Securities Co. and Daiwa Securities Group Inc. suffered setbacks.
Nomura, the nation's leading brokerage house, said its consolidated net profit soared 24.2 percent to 181.67 billion yen in fiscal 2000 as fees from its asset management unit more than offset a decline in commission revenues emanating from the weak stock market.
Operating revenues for the year, which ended March 31, came to 1.299 trillion yen, up 19.3 percent, though its pretax profit sagged 5 percent to 302.08 billion yen.