On Friday, Nomura Holdings announced its quarterly results, showing record revenues. The only significant negative in the earnings was a ¥10 billion ($65 million) loss outside of its four major divisions. This was attributed to its digital asset business Laser Digital, which was impacted by market movements in October and November 2025. As a result, Nomura CFO Hiroyuki Moriuchi said the company has “tightened control over positions and risk exposure” to limit the impact on short term earnings. However, he also noted that Laser Digital became profitable two years after its 2022 launch and its performance was “solid” in the quarter ending September 2025.
Notably, the ¥10…
