TOKYO -- Four of Japan's largest brokerage groups reported a combined 57% increase in net profit for the year ended March 31, but there are signs that U.S. policy is having a chilling effect on the activities that drove these gains.
Finance
Japan's top brokerages warn on Trump uncertainty after jump in profits
January-March quarter saw strong growth in retail, investment banking
A pop-up at the Tokyo Stock Exchange advertises the Nippon Individual Savings Account (NISA) tax-free investment program. (Photo by Ken Kobayashi)
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