Economic Calendar

Sunday, January 25, 2009

Nomura to Post Record Loss on Brokerage, Lehman, Nikkei Reports

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By Makiko Kitamura

Jan. 25 (Bloomberg) -- Nomura Holdings Inc., Japan’s biggest securities firm, will post a record 300 billion yen ($3.4 billion) third-quarter loss, the Nikkei newspaper reported.

The loss stems from operations at Nomura’s brokerage unit as well as costs related to its acquisition of Asian and European assets of failed Lehman Brothers Holdings Inc., Nikkei reported today, without saying where it got the information.

Nomura’s Tokyo-based spokesman Tohru Namikawa declined to comment on the report, saying the firm is scheduled to announce earnings for the three months ended December on Jan. 27 at 3 p.m.


To contact the reporter on this story: Makiko Kitamura in Tokyo at at Mkitamura1@bloomberg.net.



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