Nomura Pay for Top Executives Rises 150% as Profit Rebounds
- Compensation for senior managers highest in at least a decade.
- Profit last year rose for first time since Okuda took helm
Nomura’s net income rose 79% last year, marking the first increase in annual profit since Okuda took the helm in 2020.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Nomura Holdings Inc. more than doubled pay for its top managers last fiscal year, as earnings at Japan’s largest brokerage rebounded on booming domestic markets.
Total compensation paid to the firm’s eight executive officers rose 150% in the year ended March 31 to 4.46 billion yen ($28.4 million), according to a recent notice for a planned annual shareholders general meeting next month.