Financial instruments and collateral

 

  

 

 

  

 

 

  

 

 

 

 

  

 

 

 

 

 

 

 

  

¥

49,251

 

 

¥

4,336

 

 

¥

51,275

 

 

¥

2,953

 

  

 

(36,041

) 

 

 

 

 

 

(36,041

) 

 

 

 

  

 

 

 

 

 

 

 

  

¥

13,210

 

 

¥

4,336

 

 

¥

15,234

 

 

¥

2,953

 

  

 

 

 

 

 

 

 

  

 

 

 

  

 

(12,493

) 

 

 

(2,635

) 

 

 

(13,670

) 

 

 

(2,645

) 

  

 

(5

) 

 

 

 

 

 

(27

) 

 

 

 

  

 

 

 

 

 

 

 

  

¥

712

 

 

¥

1,701

 

 

¥

1,537

 

 

¥

308

 

  

 

 

 

 

 

 

Include all recognized balances irrespective of whether they are transacted under a master netting agreement or whether Nomura has obtained sufficient evidence of enforceability of the master netting agreement. Amounts include transactions carried at fair value through election of the fair value option. As of March 31, 2025, the gross balance of reverse repurchase agreements and repurchase agreements which were not transacted under master netting agreements or are documented under master netting agreements for which Nomura has not yet obtained sufficient evidence of enforceability amounted to ¥441 billion and ¥1,973 billion, respectively. As of March 31, 2025, the gross balance of securities borrowing transactions and securities lending transactions which were not transacted under master netting agreements or are documented under master netting agreements for which Nomura has not yet obtained sufficient evidence of enforceability amounted to ¥1,528 billion and ¥ billion, respectively. As of March 31, 2026, the gross balance of reverse repurchase agreements and repurchase agreements which were not transacted under master netting agreements or are documented under master netting agreements for which Nomura has not yet obtained sufficient evidence of enforceability amounted to ¥ billion and ¥ billion, respectively. As of March 31, 2026, the gross balance of securities borrowing transactions and securities lending transactions which were not transacted under master netting agreements or are documented under master netting agreements for which Nomura has not yet obtained sufficient evidence of enforceability amounted to ¥ billion and ¥ billion, respectively.

Represent amounts offset through counterparty netting under master netting or similar agreements for which Nomura has obtained sufficient evidence of enforceability in accordance with ASC Amounts offset include transactions carried at fair value through election of the fair value option.

Reverse repurchase agreements and securities borrowing transactions are reported within and in the consolidated balance sheets, respectively. Repurchase agreements and securities lending transactions are reported within and in the consolidated balance sheets, respectively. Amounts reported under securities lending transactions also include transactions where Nomura lends securities and receives securities that can be sold or pledged as collateral. Nomura recognizes the securities received at fair value and a liability for the same amount, representing the obligation to return those securities. The securities received and the liability are reported within and in the consolidated balance sheets, respectively.

Represent amounts which are not permitted to be offset on the face of the consolidated balance sheets in accordance with ASC but which provide Nomura with the right of offset in the event of counterparty

 

default. Amounts relating to agreements where Nomura has not yet obtained sufficient evidence of enforceability of such offsetting rights are excluded.

Repurchase agreements and securities lending transactions are reported within and in the consolidated balance sheets, respectively. Amounts reported for securities lending transactions also include transactions where Nomura lends securities and receives securities that can be sold or pledged as collateral. Nomura recognizes the securities received at fair value and a liability for the same amount, representing the obligation to return those securities. The securities received and the liability are reported within and in the consolidated balance sheets, respectively. The total gross recognized liabilities reported for repurchase agreements and securities lending transactions are consistent with the total gross balances reported in the offsetting disclosures above.

 

  

 

 

  

 

 

  

 

  

 

  

  

Commercial mortgage-backed securities (“CMBS”)

debt securities

debt securities are primarily Japanese municipal securities issued by prefectures or ordinance-designated city.