According to regulatory filings, Goldman Sachs’ Japanese securities subsidiary recorded net revenue of 125.5 billion yen (approximately $800 million) for the 12 months ended December 31, 2025, up 10% and marking the highest in 15 years, driven primarily by securities trading operations.
Global banks are capitalizing on Japan’s financial market recovery. M&A transaction volumes in Japan surged 60% year-to-date after reaching record levels in 2025. Citigroup’s Japan securities business recorded its highest revenue in at least a decade, while UBS and Bank of America also posted their strongest annual performances in Japan since 2021 and March 2014 fiscal year, respectively.
Related News
SHIB Price Stabilizes as Lower Leverage Supports Recovery
SHIB Price Stabilizes as Lower Leverage Supports Recovery
Alphabet surged 160% in a year, and its market cap briefly surpassed Nvidia after-hours: the value of owning the “entire AI stack” is being realized