Segment and geographic information (Tables)

12 Months Ended

Mar. 31, 2026

Segment and Geographic Information [Abstract]


	Millions of yen
	Wealth Management		Investment Management		Wholesale			Banking		Other (Incl. elimination)		Total
Year ended March 31, 2024
Non-interest revenue	¥	380,563	¥	149,575	¥	875,664		¥	35,244	¥	105,733	¥	1,546,779
Net interest revenue		6,461		4,568		(9,517	)		7,617		16,433		25,562

Net revenue		387,024		154,143		866,147			42,861		122,166		1,572,341
Non-interest expenses (1)		268,035		93,945		812,236			27,755		86,179		1,288,150

Income before income taxes	¥	118,989	¥	60,198	¥	53,911		¥	15,106	¥	35,987	¥	284,191

Year ended March 31, 2025
Non-interest revenue	¥	422,617	¥	181,010	¥	1,015,803		¥	36,344	¥	154,657	¥	1,810,431
Net interest revenue		10,934		11,463		42,135			10,828		8,243		83,603

Net revenue		433,551		192,473		1,057,938			47,172		162,900		1,894,034
Non-interest expenses (1)		267,369		102,882		891,656			30,815		127,799		1,420,521

Income before income taxes	¥	166,182	¥	89,591	¥	166,282		¥	16,357	¥	35,101	¥	473,513

Year ended March 31, 2026
Non-interest revenue	¥	473,282	¥	248,388	¥	1,168,966		¥	42,081	¥	147,858	¥	2,080,575
Net interest revenue		14,624		10,128		(6,737	)		11,837		49,015		78,867

Net revenue		487,906		258,516		1,162,229			53,918		196,873		2,159,442
Non-interest expenses (1)		283,882		170,219		961,662			39,902		172,227		1,627,892

Income before income taxes	¥	204,024	¥	88,297	¥	200,567		¥	14,016	¥	24,646	¥	531,550

(1)	Includes primarily personnel expenses, occupancy, technology, and professional fees.

Major components of income before income taxes in "Other"

The following table presents the major components of

Income before income taxes

“Other”

for the years ended March 31, 2024, 2025 and 2026.


	Millions of yen
	Year ended March 31
	2024			2025			2026
Net gain (loss) related to economic hedging transactions	¥	2,021		¥	(5,809	)	¥	(2,940	)
Realized gain on investments in equity securities held for operating purposes		21,027			1,475			3,349
Equity in earnings of affiliates		46,420			51,221			36,452
Corporate items		(11,997	)		(5,884	)		(41,982	)
Other (1)(2)		(21,484	)		(5,902	)		29,767

Total	¥	35,987		¥	35,101		¥	24,646

(1)	Includes the impact of Nomura’s own creditworthiness.

(2)

On April 10, 2025, Nomura sold certain owned land and buildings located in Takanawa 2-chome, Minato-ku, Tokyo, for the effective utilization of its assets. The transaction counterparties included Nomura Real Estate Development Co., Ltd., a subsidiary of Nomura Real Estate Holdings, Inc., an affiliated company, and a third party financing company. Nomura considers the entire transaction to be with a related party. As a result of the sale, a gain of ¥56,144 million is included in

Revenue

—

Other

in the consolidated statements of income for the year ended March 31, 2026.

Reconciliation of combined business segments' results included in preceding table to reported net revenue, non-interest expenses and income before income taxes

The table below presents reconciliations of the combined business segments’ results included in the preceding table to Nomura’s reported

Net revenue, Non-interest expenses

and

Income before income taxes

in the consolidated statements of income for the years ended March 31, 2024, 2025 and 2026.


	Millions of yen
	Year ended March 31
	2024			2025			2026
Net revenue	¥	1,572,341		¥	1,894,034		¥	2,159,442
Unrealized gain (loss) on investments in equity securities held for operating purposes (1)		(10,341	)		(1,549	)		8,271

Consolidated net revenue	¥	1,562,000		¥	1,892,485		¥	2,167,713

Non-interest expenses	¥	1,288,150		¥	1,420,521		¥	1,627,892
Unrealized gain (loss) on investments in equity securities held for operating purposes		—			—			—

Consolidated non-interest expenses	¥	1,288,150		¥	1,420,521		¥	1,627,892

Income before income taxes	¥	284,191		¥	473,513		¥	531,550
Unrealized gain (loss) on investments in equity securities held for operating purposes (1)		(10,341	)		(1,549	)		8,271

Consolidated income before income taxes	¥	273,850		¥	471,964		¥	539,821

(1)	Includes a reversal of unrealized gain (loss) on investments in equity securities held for operating purposes that were sold in the years ended March 31, 2024, 2025 and 2026.

Geographic allocation of net revenue and income (loss) before income taxes from operations by geographic areas, and long-lived assets


	Millions of yen
	Year ended March 31
	2024			2025		2026
Net revenue (1) :
Americas	¥	453,069		¥	589,122	¥	669,998
Europe		269,292			375,648		261,522
Asia and Oceania		56,684			61,730		148,415

Subtotal		779,045			1,026,500		1,079,935
Japan		782,955			865,985		1,087,778

Consolidated	¥	1,562,000		¥	1,892,485	¥	2,167,713

Income (loss) before income taxes:
Americas	¥	14,650		¥	65,753	¥	61,868
Europe		(33,064	)		20,348		(31,128	)
Asia and Oceania		23,795			50,878		60,790

Subtotal		5,381			136,979		91,530
Japan		268,469			334,985		448,291

Consolidated	¥	273,850		¥	471,964	¥	539,821

(1)	There is no revenue derived from transactions with a single major external customer.


	Millions of yen
	Year ended March 31
	2024		2025		2026
Long-lived assets:
Americas	¥	121,633	¥	111,312	¥	385,825
Europe		62,063		55,515		58,555
Asia and Oceania		33,820		31,656		41,112

Subtotal		217,516		198,483		485,492
Japan		270,924		270,693		363,151

Consolidated	¥	488,440	¥	469,176	¥	848,643