Iwamoto

"We can't be optimistic since the impact from the quake and nuclear problem will likely weigh on the economy and market for about the next six months," Daiwa Chief Financial Officer Nobuyuki Iwamoto said at a briefing Tuesday, held after the company released its earnings.

Daiwa Securities' Net Loss Widens Atsuko Fukase 2011

Our top priority was cooling the reactors, so people might say that our response is slow,'' said Tepco spokesman Takeo Iwamoto, discussing radiation management.

Japanese Nuclear Cleanup Workers Detail Lax Safety Practices at Plant Phred Dvorak 2011

"We might consider further job cuts if necessary, depending on market conditions," Mr. Iwamoto said, adding the brokerage will close "poor performers" in its business such as its branches in Milan and Dubai and will integrate its equity-sales and trading operations in London and Geneva.

Daiwa to Slash 15% of Asia, Europe Jobs Atsuko Fukase 2011

Mr. Iwamoto cited weak demand among companies looking to raise funds in the market.

Daiwa Securities' Net Loss Widens Atsuko Fukase 2011

Chief Financial Officer Nobuyuki Iwamoto said at a press conference that the firm has closed its proprietary trading businesses in Taiwan, London and Hong Kong, and will also downsize its over-the-counter equity-derivatives operations, as well as its middle-and back-office operations.

Daiwa to Slash 15% of Asia, Europe Jobs Atsuko Fukase 2011

"We're still a big commodity bull," said Mark Iwamoto , president of Iwamoto, Kong Wealth Management Group, based in Irvine, Calif., which manages about $350 million for individual investors.

Comeback Kids: Corn, Tin Liam Pleven 2012

Our top priority was cooling the reactors, so people might say that our response is slow,'' said Tepco spokesman Takeo Iwamoto, discussing radiation management.

Japanese Nuclear Cleanup Workers Detail Lax Safety Practices at Plant Phred Dvorak 2011

Daiwa's Chief Financial Officer Nobuyuki Iwamoto said the effects of its Asian expansion will likely show from next fiscal year.

Nomura Cautious As Net Tumbles Atsuko Fukase 2010

"Business conditions will remain tough," Daiwa Chief Financial Officer Nobuyuki Iwamoto said at a news conference, adding that equity finance deals and initial public offerings likely won't grow in number under the current business environment.

Samsung Securities, Daiwa Cut Jobs in Asia Alison Tudor 2012

"We aim to break even in Asia by the end of the current fiscal year," Mr. Iwamoto said.

Daiwa Securities' Net Loss Widens Atsuko Fukase 2011