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Nomura Holdings Management Discusses F1Q2 201 Results - Earnings Call Transcript

Nomura Holdings, Inc. ( NMR)

F1Q 2011 Earnings Call

July 29, 2011 5:30 AM ET

Executives

Junko Nakagawa – CFO

Analysts

Masao Muraki – Deutsche Securities

Tsujino – JPMorgan

Shiel Dasan – Daiwa Securities Capital Markets

Mr. Kasai – Citigroup Securities

Yamana Pasan – MS Global Securities

Presentation

Operator

Good day, everyone and welcome to today’s Nomura Holdings’ First Quarter Operating Results for Fiscal Year Ended March 2012 Conference Call. Please be reminded that this conference call is being recorded at the request of the hosting company. Should you have any objections, you may disconnect at this point in time.

During the presentation, all the telephone lines are placed for listen-only mode. The question-and-answer session will be held after the presentation.

Please note that this telephone conference contains certain forward-looking statements and other projected results, which involve known and unknown risks, delays, uncertainties and other factors not under the company’s control, which may cause actual results, performance or achievement of the company to be materially different from the results, performance or other expectations implied by these projections.

Such factors include economic and market conditions, political events and investor sentiments, liquidity of secondary markets, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, number and timing of transactions.

Now we’d like to begin the conference.

Mr. Junko Nakagawa, please go ahead.

Junko Nakagawa

Thank you for taking the time to join us today. I’m Junko Nakagawa, Nomura Holding’s CFO. I will now give you an overview of our results for the first quarter.

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