Nomura sees steady profit growth

Japan's largest brokerage gains from banking unit listing

Nomura said a one-time gain from the listing of a domestic banking unit helped lift its net profit in the October to December period by 27% from the previous quarter.

Japan's largest brokerage firm reported Thursday a net profit of ¥48.3 billion ($472 million) for the three months, better than the ¥38.1 billion profit the broker posted in the July-September quarter and more than double the ¥20.1 billion profit it posted in the same period a year earlier.

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