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What will be the extent of additional executive pay cuts at Nomura by June 30, 2025?
3
Resolution / Starting Odds
No further cuts • 25%
5-10% additional cut • 25%
11-20% additional cut • 25%
More than 20% additional cut • 25%
Official announcements or press releases from Nomura Securities Co.
Story
Nomura CEO and Executives Cut Pay After Ex-Employee Charged with Attempted Murder
Dec 3, 2024, 07:26 AM
Nomura Securities Co. President Kentaro Okuda held a press conference on Tuesday at 4 p.m. to apologize following the arrest and indictment of a former employee for attempted robbery, attempted murder, and arson. Okuda announced that he will voluntarily return 30% of his monthly compensation for three months, while nine other executives will return 20%–30% of their pay to take responsibility for the incident. The company revealed that the former employee had managed 208 client accounts, but no other clients suffered financial harm. Nomura outlined measures to prevent future incidents, including requiring supervisors to accompany employees on client visits. Okuda acknowledged the serious impact of the incident on the securities industry and pledged to restore trust.
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