Nomura reported a 30% increase in revenue from its wholesale business for the current fiscal quarter, primarily driven by stock products.

Nomura Holdings said that revenues from its core trading and investment banking business have increased significantly since the beginning of this fiscal quarter, indicating that the momentum that drove the company to record profits last year is still ongoing. The company stated in a website announcement that wholesale business revenues in the current quarter ending on June 12th have grown "more than 30% year-on-year." The company attributed the growth to "stocks products primarily." Nomura's stock price briefly rose 4.5% after the earnings guidance was released, with a total increase of 12% so far this year.