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Nomura faces new losses over Lehman Brothers
Tomoki Matsubara Yomiuri Shimbun Staff Writer
Yomiuri
The huge losses suffered by Nomura Holdings Inc. during the April-September period indicate the company's failure to stay on top of the need to dispose of its losses incurred through its possession of derivative and other financial instruments amid accelerated confusion in the financial market.
Domestic securities houses, banks, life and nonlife insurance companies will release their earnings reports in late November, but this likely could contribute to a further decline in share prices.
Nomura on Tuesday reported it had fallen into …