Nomura Holdings Inc Adr (NMR) has released an update.
Nomura Holdings, Inc. has announced corrections to its financial reports, specifically reclassifying loans in the consolidated statement of cash flows from operating to investing activities, with no impact on the firm’s overall cash balance or financial position. Additionally, the company identified and addressed a material weakness in internal control over financial reporting related to these classifications. Nomura is implementing new review processes and training to prevent future discrepancies.
For further insights into NMR stock, check out TipRanks’ Stock Analysis page.
