[Nomura Holdings' Stock Price Drops Over 5% at One Point, Crypto Asset Business Losses Drag Down Performance] Odaily Planet Daily News – Nomura Holdings' stock price fell as much as 5.3% to 1,338 yen during early trading on the 2nd. This came after the company disclosed its financial report for Q3 (October–December 2025), which showed a negative market reaction due to losses recorded in its crypto asset business. Reports indicate that Laser Digital Holdings, Nomura's Swiss subsidiary engaged in crypto asset trading, incurred losses during the quarter due to market volatility. The exact amount was not disclosed, but analysts estimate the losses could exceed 10 billion yen. Nomura Holdings' CFO stated that the company has reduced risk exposure through stricter position management but still believes the crypto asset business has long-term growth potential. The financial report showed that Nomura Holdings' consolidated net profit for Q3 was 91.6 billion yen, below the market expectation of 95.1 billion yen. Meanwhile, the company announced a stock buyback plan of up to 60 billion yen, accounting for approximately 3.2% of issued shares. (Bloomberg)