21.   These gains were offset, however, by declines in convertible bond trading, which hurt commissions revenues, said Hiromitsu Sogame, deputy president at Daiwa Securities Co.

22.   Though the market gave up much of those gains later in the summer, the rise in volume helped push commission revenues up.

23.   All four firms said increases in trading commission revenues due to higher trading volume on the Tokyo Stock Exchange contributed to their results.

24.   Since the scandal surfaced, an increasing number of corporations have cancelled stock underwriting contracts with Nomura, resulting in a plunge in its commission revenues.

25.   Since the scandal surfaced in March, an increasing number of corporations have canceled stock underwriting contracts with Nomura, resulting in a plunge in its commission revenues.

26.   Since the scandal surfaced, an increasing number of corporations have canceled stock underwriting contracts with Nomura, resulting in a plunge in its commission revenues.

27.   Since the scandal surfaced, an increasing number of corporations canceled stock underwriting contracts with Nomura, resulting in a plunge in its commission revenues.

28.   The brokerage houses blamed their setbacks on low stock trading volume and declining commission revenue.