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Nomura, Japan's top brokerage, says quarterly profit fell 25.7 percent

Nomura, Japan's top brokerage, says quarterly profit fell 25.7 percent

Nomura, Japan's biggest brokerage, said Monday its net profit fell 25.7 percent in the latest quarter due to a decline in retail stockbroking commissions.
Nomura Holdings Inc., posted a net profit of 79.1 billion yen (US$648.4 million;