Nomura to Buy Back Up to 8.6% of Shares

The transcript discusses Nomura's announcement of a significant buyback and a reduction in its stake in research institutes to improve capital efficiency. It highlights the challenges Nomura has faced, including financial losses and issues with overseas business, and how the recent actions are expected to positively impact investors.

What are the two main elements discussed regarding Nomura's recent actions?

What percentage stake will Nomura hold in the research institute after the sale?

What challenges has Nomura faced in their overseas business?

What was the nature of the embarrassing problem Nomura encountered recently?

How might the recent buyback news affect investors' perception of Nomura?