v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - JPY (¥)
¥ in Millions
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Revenue:      
Commissions ¥ 455,289 ¥ 407,011 ¥ 364,095
Fees from investment banking 200,548 212,234 173,265
Asset management and portfolio service fees 468,600 378,196 310,154
Net gain on trading 696,894 580,099 491,611
Gain on private equity and debt investments 12,604 7,634 11,877
Interest and dividends 2,669,640 2,927,861 2,620,856
Gain on investments in equity securities 13,066 444 9,612
Other 241,845 223,264 175,824
Total revenue 4,758,486 4,736,743 4,157,294
Interest expense 2,590,773 2,844,258 2,595,294
Net revenue [1] 2,167,713 1,892,485 1,562,000
Non-interest expenses:      
Compensation and benefits 829,502 732,390 673,523
Commissions and floor brokerage 221,857 177,452 137,328
Information processing and communications 248,439 227,018 217,126
Occupancy and related depreciation 71,523 70,166 68,698
Business development expenses 33,679 27,055 24,236
Other 222,892 186,440 167,239
Total non-interest expenses [2] 1,627,892 1,420,521 1,288,150
Income before income taxes 539,821 471,964 273,850
Income tax expense 165,439 124,709 96,630
Net income 374,382 347,255 177,220
Less: Net income attributable to noncontrolling interests 12,253 6,519 11,357
Net income attributable to NHI shareholders ¥ 362,129 ¥ 340,736 ¥ 165,863
Basic—      
Net income attributable to NHI shareholders per share ¥ 123.08 ¥ 115.3 ¥ 54.97
Diluted—      
Net income attributable to NHI shareholders per share ¥ 118.99 ¥ 111.03 ¥ 52.69
[1] There is no revenue derived from transactions with a single major external customer.
[2] Includes primarily personnel expenses, occupancy, technology, and professional fees.