Japanese brokerage Daiwa posts 35.8% fall in fourth-quarter profit

Daiwa Securities

28/04/2025 03:36

Corrects drop in profit to 24.3%, from 35.8%, in headline and first paragraph

TOKYO, April 28 (Reuters) - Japan's Daiwa Securities 8601.T booked a 24.3% drop in fourth-quarter net profit.

Net profit over the January-March period was 29.9 billion yen ($207.97 million) compared to 39.5 billion yen over the same period a year prior.

($1 = 143.7700 yen)

 (Reporting by Anton Bridge; Editing by Christopher Cushing)

 ((Anton.Bridge@thomsonreuters.com;))