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Nomura (NMR) Q1 2027 Earnings Call Transcript
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Fixed Income Revenue -- JPY 139.2 billion, up 11% behind increased client activity in EMEA rates and AEJ emerging markets.
Equity revenue growth was evenly split, with Moriuchi noting that "finance and trading represent 50% each of revenue growth in terms of contribution."
First, growth in our recurring revenue business contributed to the steady strengthening of our stable revenue base.
Let's now turn to Page 11 and examine our asset management business, which is the key source of business revenue for the division.
Towards 2030, we have macro business centering on rates and equity business and spread business, credit and SPPC.