Nomura Tumbles After `Negative Surprises'

Nomura is facing significant financial challenges, with unexpected losses in both wholesale and retail sectors. The trade war has spooked Japanese investors, leading to reduced trading activity. Nomura's foreign operations are also struggling, with losses reported in all regions. Despite efforts to cut costs and jobs, particularly in London and America, the company is still facing a crisis. Executives are aware of the issues but are uncertain about turning things around.

What was the unexpected financial result for Nomura?

• A loss of 50 million

• A profit of 5 billion

• A loss of 5 billion

• A profit of 50 million

How did the trade war affect Japanese investors according to the transcript?

• They increased their trading activities

• They were spooked and stayed on the sidelines

• They shifted their focus to foreign markets

• They were encouraged to invest more

What was one positive aspect of Nomura's financial report?

• Growth in wholesale business

• Expansion in foreign markets

• Success in investment banking

• Increased retail sales

What strategy has Nomura employed to manage its foreign operations?

• Expanding into new regions

• Focusing on domestic markets

• Cutting jobs in London and America

• Increasing retail investments

What is the general sentiment among Nomura's executives regarding the current situation?

• Optimism about quick recovery

• Indifference to the crisis

• A sense of crisis and urgency

• Confidence in their current strategy