In its most recent quarterly filing and annual report, Nomura Holdings Inc. marked significant progress toward its strategic shift to recurring revenue streams and profitability enhancement. Wealth Management achieved its best-ever performance with record net inflows and improved cost coverage, supported by a robust Investment Management segment that saw rising assets under management following key overseas acquisitions. The firm continues to leverage its diversified global financial services platform across wealth management, investment banking, wholesale markets, and banking amid a volatile macro environment. Focused capital adequacy, liquidity management, and human capital initiatives underpin operational resilience while geopolitical risks and regulatory demands persist as watchpoints.