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Nomura Reports Q3 FY2026 Losses in Digital Asset Division

Nomura Reports Q3 FY2026 Losses in Digital Asset Division

Nomura reaffirms its long-term crypto commitment while tightening Laser Digital’s risk and position limits after a volatile quarter impacted by a $19B leveraged market crash.

Fact Check
The assessment that the statement is 'likely true' is based on a strong consensus across multiple authoritative and relevant sources. There is no conflicting evidence provided. The primary source, a transcript of Nomura's Q3 FY2026 earnings call, is cited as containing direct statements on the financial performance of its digital asset unit, Laser Digital. This is strongly corroborated by several independent secondary sources. A report from a reputable crypto-focused outlet, another from a financial news site, and an article from a separate crypto publication all explicitly and directly state that Nomura's digital asset subsidiary, Laser Digital, incurred or recorded losses during the third quarter of fiscal year 2026 (the October to December 2025 period). A financial data provider's summary also references Laser Digital's performance, consistent with the other reports. The evidence from irrelevant sources, such as an article about the Bank of Ireland and a marketing-focused social media post, was disregarded. The unanimity and directness of the relevant sources provide high confidence in the statement's truthfulness.
Summary

Nomura Holdings reiterated its commitment to crypto despite a weak fiscal Q3 2026, during which its Laser Digital unit’s losses contributed to a 9.7% drop in company profit. Following October’s flash crash that erased over $19 billion in leveraged crypto positions and subsequent market declines, Nomura tightened position and risk limits at Laser Digital to curb short-term earnings swings. The bank emphasized that risk controls worked as intended, reducing exposure early and containing losses, and denied any loss of confidence in the sector, stressing that volatility is inherent to digital assets.

Terms & Concepts
  • Digital Asset: A financial or non-financial asset represented digitally, often recorded on blockchain or distributed ledger technology.
  • Risk Management: Processes and strategies used by companies to identify, assess, and mitigate financial and operational risks.