Nomura Holdings raised CEO Kentaro Okuda\u2019s pay by 36% last fiscal year, rewarding him after the Japanese firm posted its highest ever annual profit.<\/p>\n
Okuda\u2019s compensation rose to \u00a51.6 billion ($10 million) in the year ended March 31, according to a filing on Monday. Wholesale division head Christopher Willcox, the company\u2019s highest-paid executive officer, saw his remuneration climb 13% to $17 million.<\/p>\n
Under Okuda\u2019s leadership, Japan\u2019s biggest brokerage generated a second straight year of record net income, helped by a rebound in the nation\u2019s financial markets and a surge in deals. Nomura has since raised its midterm profit targets as Okuda pushes for growth that will remain stable even during downturns.<\/p>\n
Nomura has raised Okuda\u2019s compensation since he took office in 2020. For comparison, Goldman Sachs Group CEO David Solomon received $47 million in 2025, while UBS Group\u2019s Sergio Ermotti earned 14.6 million Swiss francs ($18 million). Daiwa Securities Group, Nomura\u2019s biggest domestic rival, lifted CEO Akihiko Ogino\u2019s compensation by 23% to \u00a5489 million last fiscal year, filings show.<\/p>\n
The disclosure came before Nomura\u2019s annual shareholder meeting scheduled to take place in Tokyo on Tuesday. There are no shareholder proposals on the agenda at the gathering. Shares of Nomura have risen about 10% this year, trailing the benchmark Topix index\u2019s 20% advance.<\/p>\n
Willcox, whose division handles investment banking and trading, was recently made a deputy president.<\/p>\n","protected":false},"excerpt":{"rendered":"Nomura Holdings raised CEO Kentaro Okuda\u2019s pay by 36% last fiscal year, rewarding him after the Japanese firm…\n","protected":false},"author":2,"featured_media":46951,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[25528,217,215,214,216,6477,1439],"class_list":["post-46950","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-brokerages","tag-business","tag-business-of-japan","tag-japans-business","tag-japanese-business","tag-nomura","tag-wages"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/46950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=46950"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/46950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/46951"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=46950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=46950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=46950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}