Nomura Holdings lifted its profit target after a record year, CEO Kentaro Okuda aims stable growth. It now seeks at least ¥750 billion pretax income by the fiscal year ending March 2031, up 50% from the previous ¥500 billion goal. The revision follows a surge in trading fees and wealth‑management fees that pushed net profit to a historic high.

Investors welcomed the upbeat outlook as Nomura aims to lift its return on equity to between 10% to 12%, up from the prior 8%‑10% band. The higher benchmark reflects confidence that the firm can sustain its momentum despite a tightening Japanese brokerage market and looming regulatory costs.

With the new targets, Nomura positions itself as the most ambitious Japanese broker, signaling that shareholders can expect stronger earnings per share and dividend payouts. The firm’s guidance sets a clear benchmark for peers and will likely pressure rivals to tighten cost structures significantly today.

Analysts note that achieving ¥750 billion will require Nomura to expand its overseas franchise and deepen its digital platform offerings. Success in these areas could offset domestic headwinds and sustain the elevated ROE target through the next fiscal cycle.