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Net profit jumped 80.6% year-over-year, beating expectations.
Daiwa Securities Group reported net profit of 56.4 billion yen for the April–June quarter, up 80.6% from the same period a year earlier. The company did not disclose a full-year forecast, but the average estimate of seven analysts polled by IBES for consolidated net profit in the fiscal year ending March 2027 stands at 196.7 billion yen.
Net profit jumped 80.6% year-over-year, beating expectations.