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Nomura Executives Cut Pay After Employee's 18-Year Sentence

3/4/2026

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Story summary
  • Nomura Holdings' CEO Kentaro Okuda and other executives took pay cuts and apologized after former Nomura employee Yusei Kajiwara received an 18-year prison sentence.
  • The Hiroshima district court found Kajiwara guilty in 2024 of rendering a victim unconscious, stealing cash, and setting a fire.
  • Nomura tightened rules on client-home visits as its wealth management division generated about 25% of revenue amid inflation.