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Japan's Nomura Q3 net profit rises 11%

February 1, 2023 1:21 AM EST

FILE PHOTO: A logo of Nomura Holdings is pictured in Tokyo, Japan, December 1, 2015. REUTERS/Toru Hanai/File Photo/File Photo

TOKYO (Reuters) - Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported on Wednesday an 11% rise in quarterly net profit as the partial sale of its affiliate's stake lifted otherwise weak earnings.

October-December profit came in at 66.9 billion yen ($513.51 million), up from 60.3 billion yen a year earlier.

($1 = 130.2800 yen)

(Reporting by Makiko Yamazaki; Editing by Muralikumar Anantharaman)



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