v3.26.1
Leases (Tables)
12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Types of assets which Nomura leases under operating leases
The following table presents the types of assets which Nomura leases under operating leases:
 
    
Millions of yen
 
    
March 31
 
    
2025
    
2026
 
    
Cost
    
Accumulated

depreciation
   
Net carrying

amount
    
Cost
    
Accumulated

depreciation
   
Net carrying

amount
 
Real estate
(1)
   ¥ 21      ¥
— 
    ¥ 21      ¥ 10,690      ¥ (6   ¥ 10,684  
Aircraft
     2,757        (127     2,630        50,756        (545 )     50,211  
  
 
 
    
 
 
   
 
 
    
 
 
    
 
 
   
 
 
 
Total
   ¥ 2,778      ¥ (127   ¥ 2,651      ¥ 61,446      ¥ (551)     ¥ 60,895  
  
 
 
    
 
 
   
 
 
    
 
 
    
 
 
   
 
 
 
 
(1)
Cost, accumulated depreciation and net carrying amounts include amounts relating to real e
s
tate used by Nomura.
Schedule of future minimum lease payments to be received on noncancelable operating leases
The following table presents an analysis of future undiscounted lease payments receivable in connection with operating leases entered into by Nomura as lessor over the remaining lease term as of March 31, 2026. Amounts in connection with finance leases were not significant.
 
    
Millions of yen
 
    
March 31, 2026
 
    
Minimum lease payments

to be received
 
Years of receipt
  
Less than 1 year
   ¥  4,076  
1 to 2 years
     4,142  
2 to 3 years
     3,931  
3 to 4 years
     3,715  
4 to 5 years
     3,715  
More than 5 years
     15,000  
  
 
 
 
Total
   ¥ 34,579  
  
 
 
 
Lease expense
The following table presents income and expense amounts recognized through the consolidated statements of income for leases where Nomura is acting as lessee for the years ended March 31, 2024, 2025 and 2026. Amounts recognized in the consolidated statements of income in respect of finance lease cost, short-term lease cost, variable lease cost and net gains (losses) on qualifying sale and leaseback transactions were not significant during the years ended March 31, 2024, 2025 and 2026.
 
    
Millions of yen
 
    
Year ended March 31
 
    
2024
    
2025
    
 2026 
 
Lease expense:
        
Operating lease costs
   ¥ 48,125      ¥ 48,586      ¥ 49,831  
Other income and expenses:
        
Gross sublease income
   ¥ 1,997      ¥ 1,923      ¥ 1,986  
Cash payments made by Nomura as lessee
The following table presents cash payments made by Nomura as lessee which meet the definition of lease payments and therefore have been included in the measurement of operating lease liabilities recorded under operating cash flows and the total amount of ROU assets and lease liabilities recognized during the years ended March 31, 2024, 2025 and 2026.
 
    
Millions of yen
 
  
Year ended March 31
 
  
2024
    
2025
    
 2026 
 
Cash flows for operating leases
   ¥ 49,339      ¥ 50,114      ¥ 49,935  
ROU assets recognized in connection with new operating leases
   ¥ 29,374      ¥ 29,148      ¥ 27,167  
Schedule of Lessee operating lease liability maturity
The following table presents an analysis of future undiscounted lease payments under operating leases entered into by Nomura as lessee over the remaining lease term as of March 31, 2026 and also represents a reconciliation between total of such lease payments and the discounted carrying value of operating lease liabilities recognized in the consolidated balance sheets as of March 31, 2026. Finance lease liabilities were not significant as of March 31, 2026. These lease liabilities are reported within
Other liabilities
in the consolidated balance sheets.
 
    
Millions of yen
 
    
March 31, 2026
 
    
Operating leases
 
Years of payment
  
Less than 1 year
   ¥ 49,128  
1 to 2 years
     38,999  
2 to 3 years
     26,827  
3 to 4 years
     17,255  
4 to 5 years
     14,478  
More than 5 years
     26,475  
  
 
 
 
Total undiscounted lease payments
   ¥ 173,162  
Less: Impact of discounting
     (16,883
  
 
 
 
Lease liabilities
as reported in the consolidated balance sheets
   ¥ 156,279  
  
 
 
 
Weighted-average discount rate used to measure lease liabilities and weighted-average remaining lease term
The following table presents the weighted-average discount rate used to measure lease liabilities and the weighted-average remaining lease term of operating leases as of March 31, 2025 and 2026.
 
    
Year ended March 31
    
2025
  
2026
    
Operating leases
  
Operating leases
Weighted-average discount rate used to measure lease liabilities
   2.1%    3.4%
Weighted-average remaining lease term
   5.3 years    4.8 years