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REAL-TIME GLOBAL RESEARCH

27/3 Q1 results: Strong performance relative to guidance: Quick Note

Published: 2026-07-30Institution: NomuraPages: 8Original language: EnglishEvidence page: 5

Research evidence excerpt

27/3 Q1 results: Strong performance relative to guidance: Quick Note

mmendations may be reviewed at any time as circumstances change. ‘Stop loss’

levels for trades are also provided; which, if hit, closes the trade recommendation automatically. Prices and yields shown in recommendations

are taken at the time of submission for publication and are based on either indicative Bloomberg, LSEG or Nomura prices and yields at that

time. The prices and yields shown are not necessarily those at which the trade recommendation can be implemented.

The securities described herein may not have been registered under the US Securities Act of 1933 (the ‘1933 Act’), and, in such case, may not

be offered or sold in the US or to US persons unless they have been registered under the 1933 Act, or except in compliance with an exemption

from the registration requirements of the 1933 Act. Unless governing law permits otherwise, any transaction should be executed via a Nomura

entity in your home jurisdiction.

This document has been approved for distribution in the UK as investment research by NIplc. NIplc is authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. NIplc is a member of the London Stock

Exchange. This document does not constitute a personal recommendation within the meaning of applicable regulations in the UK, or take into

account the particular investment objectives, financial situations, or needs of individual investors. This document is intended only for investors

who are 'eligible counterparties' or 'professional clients' for the purposes of applicable regulations in the UK, and may not, therefore, be

redistributed to persons who are 'retail clients' for such purposes.

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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