TOKYO -- Nomura Holdings, the largest Japanese securities company by revenue, is facing questions about its cost structure after a disappointing earnings report.
Companies
Nomura faces pressure to cut costs after earnings fall 35%
Personnel expenses jump 14% as securities company hikes salaries to retain talent
Takumi Kitamura, Nomura's chief financial officer: "Inflation has been a drag on costs." (Photo by Yoichi Iwata)
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