Nomura lifts long term profit goal and posts Q1 views

Nomura has increased its profit target for the 2030/31 fiscal year by 50%, according to recent headlines from Reuters and Bloomberg. The company’s revised objective represents a significant step up in its longer term financial ambitions and reflects management’s updated view on earnings potential toward the end of the decade.

The target hike comes after what has been described as a record year for Nomura. The stronger base of recent performance is presented as an important backdrop for the new 2030/31 goal, indicating that the firm is building on momentum generated in its latest financial results.

Reports state that Nomura’s upgraded profit ambitions are being boosted by fee based revenues. This category of income, which typically includes fees earned on financial and investment services, is highlighted as a primary contributor to the improved earnings trajectory embedded in the new target.

The reference to fee based revenues suggests an emphasis on more stable, service oriented income streams within Nomura’s business mix. While detailed segment figures are not provided in the available reports, the linkage between fees and the higher long term objective is explicitly cited as a driver of the firm’s confidence.

Alongside the longer term profit guidance, Nomura Asset Management has also provided fresh insight into its investment positioning. On May 27, 2026, Seeking Alpha published three Q1 2026 commentaries from the firm, covering the Nomura Small Cap Core Fund, Nomura Small Cap Growth Fund, and Nomura Science And Technology Fund.

The Small Cap Core and Small Cap Growth commentaries discuss fund level portfolio positioning and how each strategy is placed relative to its benchmark. They describe sector exposures, stock selection approaches, and the managers’ views on risks and opportunities in their respective small cap universes as of the first quarter of 2026.

The Science & Technology Fund commentary focuses on themes within the technology space, with particular attention to hardware and semiconductor allocations. It outlines how the strategy is invested across these subsectors and references specific names held in the portfolio, framing them within the manager’s broader investment thesis.

The publication of multiple Q1 2026 fund commentaries underscores the active role of Nomura Asset Management in managing specialized equity strategies. These products, and the fee income they generate, sit within the broader fee based revenue stream that has been identified as a factor behind the upgraded 2030/31 profit target.

The new profit objective, combined with detailed communication on portfolio positioning in key funds, presents a picture of a firm seeking to align its long term financial goals with ongoing investment activity. The Q1 2026 fund updates provide investors with a snapshot of how Nomura’s asset management arm is positioned as the group pursues higher earnings over the coming years.