Nomura reports sharp drop in group net profit for April-June

TOKYO, Japan - Junko Nakagawa (L), chief financial officer of Nomura Holdings Inc., speaks during a press conference at the Tokyo Stock Exchange in Tokyo on July 26, 2012. The parent company of Nomura Securities Co., Japan's largest securities house, said the same day its group net profit in the April-June quarter fell 89.4 percent from a year before to 1.89 billion yen, dragged down by a fall in commission revenue and its sluggish wholesale division amid the European debt crisis.