Nomura CEO Pay Rises 36% After Record Profit Performance

Nomura Holdings has increased Nomura CEO pay by 36% after Japan’s largest brokerage reported its strongest annual profit on record.

Chief executive Kentaro Okuda received compensation of USD10m for the financial year ended March 31, reflecting the company’s improved earnings and market performance.

The increase follows a second consecutive year of record net income under Okuda’s leadership, supported by stronger Japanese financial markets and a recovery in deal-making activity.

Nomura CEO pay has risen consistently since he assumed the role in 2020, reflecting the firm’s improved profitability and strategic progress.

Christopher Willcox, head of Nomura’s wholesale division, remained the group’s highest-paid executive officer, receiving USD17m after a 13% increase in compensation.

Nomura has also raised its medium-term profit targets as it seeks to deliver more stable earnings growth through changing market conditions and a more diversified business model.