v3.26.1
Parent company only condensed financial information
 12 Months Ended
Mar. 31, 2026
Parent Company [Member]  
Condensed Financial Statements, Captions [Line Items]  
Parent Company Only Condensed Financial Information
Schedule I—Parent Company Only Condensed Financial Information
The following tables present the parent company only condensed financial information of Nomura Holdings, Inc.
Condensed Balance Sheets
 
 
  
Millions of yen
 
 
  
March 31
 
 
  
2025
 
 
2026
 
ASSETS
  
 
Cash and cash equivalents
  
¥
149,626
 
 
¥
181,147
 
Loans receivable to subsidiaries
  
 
7,575,326
 
 
 
8,425,447
 
Receivables from other than customers
  
 
214,520
 
 
 
175,106
 
Dividends receivable from subsidiaries and affiliates
 
 
 190,104
 
 
 
 254,764
 
Securities purchased under agreements to resell
  
 
212,836
 
 
 
135,664
 
Trading assets
  
 
18,876
 
 
 
28,457
 
Private equity and debt investments
  
 
30,704
 
 
 
31,283
 
Investments in subsidiaries and affiliates
  
 
3,172,744
 
 
 
3,492,266
 
Investments in equity securities
  
 
97,954
 
 
 
122,744
 
Other assets
  
 
294,532
 
 
 
314,707
 
  
 
 
 
 
 
 
 
Total assets
  
¥
11,957,222
 
 
¥
13,161,585
 
  
 
 
 
 
 
 
 
LIABILITIES AND EQUITY
  
 
Liabilities
  
 
Short-term borrowings from subsidiaries
  
¥
2,835,900
 
 
¥
3,358,500
 
Payables to other than customers
  
 
2,441
 
 
 
2,122
 
Securities loaned
  
 
87,275
 
 
 
73,049
 
Other liabilities
  
 
431,978
 
 
 
374,949
 
Long-term borrowings
  
 
3,468,874
 
 
 
3,882,293
 
Long-term borrowings from subsidiaries
  
 
1,659,875
 
 
 
1,762,804
 
  
 
 
 
 
 
 
 
Total liabilities
  
 
8,486,343
 
 
 
9,453,717
 
  
 
 
 
 
 
 
 
Equity
  
 
Common stock
  
 
594,493
 
 
 
594,493
 
Additional
paid-in
capital
  
 
704,877
 
 
 
706,261
 
Retained earnings
  
 
1,867,379
 
 
 
2,013,986
 
Accumulated other comprehensive income (loss)
  
 
447,808
 
 
 
548,221
 
Total NHI shareholders’ equity before treasury stock
 
 
 3,614,557
 
 
 
 3,862,961
 
Common stock held in treasury, at cost
  
 
(143,678
 ) 
 
 
(155,093
 ) 
Total equity
  
 
3,470,879
 
 
 
3,707,868
 
  
 
 
 
 
 
 
 
Total liabilities and equity
  
¥
11,957,222
 
 
¥
13,161,585
 
  
 
 
 
 
 
 
 
This
 condensed financial information should be read together with the notes in this Schedule as
well as th
e notes to the accompanying consolidated financial statements.
 
Condensed Statements of Income
 
 
  
Millions of yen
 
 
  
Year ended March 31
 
 
  
2024
 
  
2025
 
  
2026
 
Revenue:
  
  
  
Net gain on trading
  
¥
977
 
  
¥
13,202
 
  
¥
8,532
 
Gain on private equity and debt investments
  
 
1,033
 
  
 
2,458
 
  
 
770
 
Dividends from subsidiaries and affiliates
  
 
156,742
 
  
 
215,342
 
  
 
264,304
 
Interest income from loans to subsidiaries and affiliates
  
 
239,682
 
  
 
274,818
 
  
 
270,803
 
Interest and dividends
  
 
20,368
 
  
 
20,427
 
  
 
18,435
 
Gain on investments in equity securities
  
 
9,335
 
  
 
444
 
  
 
13,066
 
Property and equipment fee revenue from subsidiaries
  
 
110,856
 
  
 
110,475
 
  
 
123,896
 
Rent revenue from subsidiaries
  
 
27,823
 
  
 
27,627
 
  
 
26,728
 
Royalty on trademark from subsidiaries
  
 
45,920
 
  
 
53,505
 
  
 
60,952
 
Other
  
 
8,474
 
  
 
7,876
 
  
 
8,346
 
  
 
 
 
  
 
 
 
  
 
 
 
Total revenue
  
 
621,210
 
  
 
726,174
 
  
 
795,832
 
Interest expense
  
 
267,724
 
  
 
306,232
 
  
 
305,121
 
  
 
 
 
  
 
 
 
  
 
 
 
Net revenue
  
 
353,486
 
  
 
419,942
 
  
 
490,711
 
  
 
 
 
  
 
 
 
  
 
 
 
Non-interest
expenses:
  
  
  
Compensation and benefits
  
 
51,444
 
  
 
54,743
 
  
 
59,755
 
Commissions and floor brokerage
  
 
690
 
  
 
790
 
  
 
537
 
Information processing and communications
  
 
110,320
 
  
 
111,961
 
  
 
124,343
 
Occupancy and related depreciation
  
 
27,389
 
  
 
27,056
 
  
 
27,415
 
Business development expenses
  
 
1,735
 
  
 
2,566
 
  
 
3,470
 
Other
  
 
26,246
 
  
 
32,084
 
  
 
50,256
 
  
 
 
 
  
 
 
 
  
 
 
 
Total
non-interest
expenses
  
 
217,824
 
  
 
229,200
 
  
 
265,776
 
  
 
 
 
  
 
 
 
  
 
 
 
Income before income taxes
  
 
135,662
 
  
 
190,742
 
  
 
224,935
 
Income tax expense
  
 
5,965
 
  
 
6,133
 
  
 
9,931
 
  
 
 
 
  
 
 
 
  
 
 
 
Net income before undistributed earnings of subsidiaries
  
  
129,697
 
  
  
184,609
 
  
  
215,004
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Undistributed earnings of subsidiaries
 
 
 36,166
 
 
 
 156,127
 
 
 
 147,125
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
 
 165,863
 
 
 
 340,736
 
 
 
 362,129
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
 
 
 
 
Change in cumulative translation adjustments
 
 
 201,304
 
 
 
 (36,094 ) 
 
 
 142,524
 
Defined benefit pension plans
 
 
 12,662
 
 
 
 12,407
 
 
 
 6,983
 
Non-trading debt securities
 
 
 -
 
 
 
 (1,147 ) 
 
 
 (2,215 ) 
Own credit adjustments
 
 
 (72,436 ) 
 
 
 12,658
 
 
 
 (46,879 ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Other comprehensive income (loss), net of tax
 
 
 141,530
 
 
 
 (12,176 ) 
 
 
 100,413
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to NHI shareholders...
 
 ¥ 307,393
 
 
 ¥ 328,560
 
 
 ¥ 462,542
 
 
 
 
 
 
 
 
 
 
 
 
 
 
This
 condensed financial information should be read together with the notes in this Schedule as well as the notes to the accompanying consolidated financial statements.
 
Condensed Statements of Cash Flows
 
 
  
Millions of yen
 
 
  
Year ended March 31
 
 
  
2024
 
 
2025
 
 
2026
 
Cash flows from operating activities
  
 
 
Net income
  
¥
165,863
 
 
¥
340,736
 
 
¥
362,129
 
Total equity in undistributed earnings of subsidiaries
 
 
 (36,166 ) 
 
 
 (156,127 ) 
 
 
 (147,125 ) 
Adjustments and other
  
 
57,205
 
 
 
24,323
 
 
 
115,481
 
  
 
 
 
 
 
 
 
 
 
 
 
Net cash provided by operating activities
  
 
186,902
 
 
 
208,932
 
 
 
330,485
 
  
 
 
 
 
 
 
 
 
 
 
 
Cash flows from investing activities
  
 
 
Payments for purchases of office buildings, land, equipment and facilities
  
 
(32,525
) 
 
 
(29,375
) 
 
 
(59,045
) 
Payments for issuance of loans to subsidiaries
  
 
(1,368,396
)
 
 
(2,756,195
)
 
 
(1,793,469
)
Proceeds from repayment of loans to subsidiaries
  
 
710,251
 
 
 
2,144,444
 
 
 
1,190,050
 
Increase in investments in subsidiaries
 
 
 (32,394 ) 
 
 
 (10,342 ) 
 
 
 (109,174 ) 
Decrease in investments in subsidiaries
 
 
 64,389
 
 
 
 11,203
 
 
 
 31,247
 
Net change in other investing activities
  
 
23,773
 
 
 
4,510
 
 
 
5,477
 
  
 
 
 
 
 
 
 
 
 
 
 
Net cash used in investing activities
  
 
(634,902
)
 
 
(635,755
)
 
 
(734,914
)
  
 
 
 
 
 
 
 
 
 
 
 
Cash flows from financing activities
  
 
 
Proceeds from issuances of long-term borrowings
  
 
308,506
 
 
 
350,753
 
 
 
965,501
 
Payments for repurchases or maturity of long-term borrowings
  
 
(577,336
) 
 
 
(1,153,652
)
 
 
(784,416
)
Proceeds from issuances of long-term borrowings from subsidiaries
 
 
 371,450
 
 
 
 775,053
 
 
 
 272,036
 
Payments for repurchases or maturity of long-term borrowings from subsidiaries
 
 
 (11,563 ) 
 
 
 -
 
 
 
 (240,738 ) 
Proceeds from issuances of short-term borrowings from subsidiaries
  
 
539,863
 
 
 
2,385,000
 
 
 
3,322,600
 
Payments for repurchases or maturity of short-term borrowings from subsidiaries
  
 
-
 
 
 
(1,820,902
)
 
 
(2,800,000
)
Payments for repurchases of common stock
  
 
(61,029
)
 
 
(59,006
)
 
 
(101,499
)
Payments for cash dividends
  
 
(60,164
)
 
 
(112,541
)
 
 
(179,742
)
Net change in other financing activities
  
 
(11,718
)
 
 
(19,170
)
 
 
(17,792
)
  
 
 
 
 
 
 
 
 
 
 
 
Net cash provided by financing activities
  
 
498,009
 
 
 
345,535
 
 
 
435,950
 
  
 
 
 
 
 
 
 
 
 
 
 
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
  
 
50,009
 
 
 
(81,288
)
 
 
31,521
 
  
 
 
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year
  
 
180,905
 
 
 
230,914
 
 
 
149,626
 
  
 
 
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year
  
¥
230,914
 
 
¥
149,626
 
 
¥
181,147
 
  
 
 
 
 
 
 
 
 
 
 
 
This
 condensed financial information should be read together wi
th the n
otes in this Schedule as well as the notes to the acco
m
panying consolidated financial statements.
 
Notes to Condensed Financial information
Note A—Basis of Presentation
The presentation of parent company condensed financial information has been prepared using the same accounting policies as set out in the accompanying consolidated financial statements. For purposes of this Schedule, the Company’s wholly-owned and majority owned subsidiaries are accounted for using the equity method of accounting. Material contingencies are not presented in this Schedule because there are none other than those disclosed in the notes to the accompanying consolidated financial statements as of the date hereof.
Certain information and note disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this Schedule. The note disclosures in this Schedule contain supplementary information only and, as such, this Schedule should be read in conjunction with the notes to the accompanying consolidated financial statements.
Note B—Long-term borrowings
Long-term borrowings primarily consist of borrowings from subsidiaries, borrowings from bank and other financial institutions, and bonds issued. The following table presents the aggregate annual maturities of long-term borrowings as of March 31, 2026.
 
    
March 31, 2026
  
Year ending March 31
   
Millions of yen
  
2027
    ¥ 604,160  
2028
      723,219  
2029
      850,192  
2030
      821,267  
2031
      890,021  
2032 and thereafter
      1,756,238  
  
 
 
  
Total
    ¥ 5,645,097  
  
 
 
  
Note C—Guarantees
The parent company provided guarantees for borrowings, medium-term notes, repurchase transactions, and derivative transactions entered into by its subsidiaries. The following tables present the balances of guaranteed obligations as of March 31, 2025 and 2026.
 
    
March 31, 2026
  
    
Transactions
(1)
   
Millions of yen
  
Nomura Global Finance Co., Ltd.
    Borrowings/Medium term notes/Repurchase transactions    ¥ 2,886,321  
Nomura International Funding Pte. Ltd.
    Borrowings/Medium term notes/Repurchase transactions      2,671,311
 (2)
 
Nomura International plc
    Borrowings/Medium term notes/Repurchase transactions      1,120,427  
Nomura Europe Finance N.V
    Borrowings/Medium term notes/Repurchase transactions      879,724
 (3)
 
Nomura International plc
    Derivative transactions      743,119
 (3)
 
Nomura Corporate Funding Americans, LLC
    Borrowings/Medium term notes/Repurchase transactions      567,421  
Nomura Bank International plc
    Borrowings/Medium term notes/Repurchase transactions      421,515  
Nomura Global Financial Products Inc
    Derivative transactions      362,242
 (3)
 
Nomura America Finance, LLC .
    Borrowings/Medium term notes/Repurchase transactions      342,059  
Others
         320,558  
 
    
March 31, 2025
  
    
Transactions
(1)
   
Millions of yen
  
Nomura Global Finance Co.,Ltd.
    Borrowings/Medium term notes/Repurchase transactions    ¥ 2,695,770  
Nomura International Funding Pte. Ltd.
    Borrowings/Medium term notes/Repurchase transactions      1,986,675
 (2)
 
Nomura Europe Finance N.V
    Borrowings/Medium term notes/Repurchase transactions      821,199
 (3)
 
Nomura International plc
    Borrowings/Medium term notes/Repurchase transactions      808,271  
Nomura International plc
    Derivative transactions      511,264
 (3)
 
Nomura Global Financial Products Inc
    Derivative transactions      498,813
 (3)
 
Nomura Bank International plc
    Borrowings/Medium term notes/Repurchase transactions      408,259  
Nomura Corporate Funding Americans, LLC
    Borrowings/Medium term notes/Repurchase transactions      212,617  
Nomura America Finance, LLC .
    Borrowings/Medium term notes/Repurchase transactions      179,734  
Others
         280,572
 (3)
 
 
 
(1)
Items recognized as bearing substantially the same obligation of a guarantee of liabilities are included in this note.
(2)
Includes joint guarantees with Nomura International (Hong Kong) Limited.
(3)
Includes joint guarantees with Nomura Securities Co., Ltd.
Note D—Dividends from subsidiaries and investees
The following table presents the cash dividends paid to the parent company from the consolidated subsidiaries and investees accounted for by the equity method for the years ended March 31, 2024, 2025 and 2026. There were no dividends from unconsolidated subsidiaries for the years ended March 31, 2024, 2025 and 2026.
 
    
Millions of yen
  
    
Year ended March 31
  
    
2024
     
2025
     
2026
  
Dividends from consolidated subsidiaries
    ¥ 96,695      ¥ 159,452      ¥ 181,149  
Dividends from investees accounted for by the equity method
      11,877        15,944        18,494  
  
 
 
     
 
 
     
 
 
  
Total
    ¥ 108,572      ¥ 175,396      ¥ 199,644