NOMURA HOLDINGS INC (NMR) financial statements: income statement, balance sheet and cash flow

NOMURA HOLDINGS INC's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Mar 31, 2026 · FY), NOMURA HOLDINGS INC reported revenue of $4.8T (+0.5% year on year) and net income of $374.4B (+7.8% year on year).

Income statement

NOMURA HOLDINGS INC income statement, fiscal years
Line itemMar 31, 2026 · FYMar 31, 2025 · FYMar 31, 2024 · FYMar 31, 2023 · FY
Commissions$455.3B$407.0B$364.1B$279.9B
Fees from investment banking$200.5B$212.2B$173.3B$113.2B
Asset management and portfolio service fees$468.6B$378.2B$310.2B$271.7B
Net gain on trading$696.9B$580.1B$491.6B$563.3B
Gain on private equity and debt investments$12.6B$7.6B$11.9B$14.5B
Interest and dividends$2.7T$2.9T$2.6T$1.1T
Gain on investments in equity securities$13.1B$444.0M$9.6B($1.4B)
Other$241.8B$223.3B$175.8B$130.9B
Total revenue$4.8T$4.7T$4.2T$2.5T
Interest expense$2.6T$2.8T$2.6T$1.2T
Net revenue$2.2T$1.9T$1.6T$1.3T
Compensation and benefits$829.5B$732.4B$673.5B$605.8B
Commissions and floor brokerage$221.9B$177.5B$137.3B$119.2B
Information processing and communications$248.4B$227.0B$217.1B$209.5B
Occupancy and related depreciation$71.5B$70.2B$68.7B$66.9B
Business development expenses$33.7B$27.1B$24.2B$22.6B
Other$222.9B$186.4B$167.2B$162.0B
Total non-interest expenses$1.6T$1.4T$1.3T$1.2T
Income before income taxes$539.8B$472.0B$273.9B$149.5B
Income tax expense$165.4B$124.7B$96.6B$57.8B
Net income$374.4B$347.3B$177.2B$91.7B
Less: Net income attributable to noncontrolling interests$12.3B$6.5B$11.4B($1.1B)
Net income attributable to NHI shareholders$362.1B$340.7B$165.9B$92.8B
Net income attributable to NHI shareholders per share$123.08$115.30$54.97$30.86
Net income attributable to NHI shareholders per share$118.99$111.03$52.69$29.74
NOMURA HOLDINGS INC income statement, quarters
Line itemSep 30, 2025 · YTDSep 30, 2024 · YTDSep 30, 2023 · YTDSep 30, 2022 · YTD
Commissions$205.7B$204.1B$171.7B$138.6B
Fees from investment banking$82.9B$94.6B$69.8B$51.5B
Asset management and portfolio service fees$195.3B$184.2B$148.5B$137.3B
Net gain on trading$314.2B$279.7B$232.2B$302.8B
Gain on private equity and debt investments$10.7B$4.8B$8.0B$1.2B
Interest and dividends$1.3T$1.6T$1.2T$305.9B
Gain (loss) on investments in equity securities$4.0B($1.1B)$7.6B($3.3B)
Other$202.6B$141.7B$60.3B$9.8B
Total revenue$2.3T$2.5T$1.9T$943.8B
Interest expense$1.3T$1.5T$1.2T$326.8B
Net revenue$1.0T$937.8B$716.7B$617.0B
Compensation and benefits$381.4B$369.2B$325.8B$294.0B
Commissions and floor brokerage$92.0B$89.0B$65.7B$56.7B
Information processing and communications$116.4B$112.5B$106.5B$101.9B
Occupancy and related depreciation$33.2B$34.4B$34.1B$33.0B
Business development expenses$14.3B$12.6B$11.5B$10.1B
Other$104.6B$84.2B$70.0B$78.2B
Total non-interest expenses$741.9B$701.8B$613.6B$573.8B
Income before income taxes$296.9B$235.9B$103.0B$43.2B
Income tax expense$93.7B$66.8B$41.6B$26.1B
Net income$203.3B$169.1B$61.5B$17.1B
Less: Net income attributable to noncontrolling interests$6.6B$1.8B$2.9B($1.3B)
Net income attributable to NHI shareholders$196.6B$167.3B$58.6B$18.5B
Net income attributable to NHI shareholders per share$66.54$56.63$19.34$6.13
Net income attributable to NHI shareholders per share$64.53$54.58$18.62$5.91

Balance sheet

NOMURA HOLDINGS INC balance sheet, fiscal years
Line itemMar 31, 2026 · FYMar 31, 2025 · FYMar 31, 2024 · FYMar 31, 2023 · FY
Cash and cash equivalents$4.3T$4.4T$4.2T$3.8T
Time deposits$709.6B$642.4B$545.8B$409.1B
Deposits with stock exchanges and other segregated cash$640.6B$447.8B$369.8B$291.5B
Total cash and cash deposits$5.6T$5.5T$5.2T$4.5T
Loans receivable (includes ¥2,178,376 and ¥2,783,696 at fair value option)$7.7T$6.0T$5.5T$4.0T
Receivables from customers (includes ¥50,258 and ¥44,338 at fair value option)$470.3B$410.7B$453.9B$379.9B
Receivables from other than customers$1.3T$1.0T$928.6B$819.3B
Allowance for credit losses($18.4B)($16.9B)($18.0B)($5.8B)
Total loans and receivables$9.5T$7.4T$6.8T$5.2T
Securities purchased under agreements to resell (includes ¥358,711 and ¥470,736 at fair value option)$13.2T$14.0T$15.6T$13.8T
Securities borrowed$4.3T$4.7T$5.4T$4.3T
Total collateralized agreements$17.5T$18.7T$21.0T$18.1T
Trading assets (includes assets pledged of ¥8,666,326 and ¥10,899,960; includes ¥745,801 and ¥1,043,919 at fair value option)$26.1T$22.4T$19.5T$17.5T
Private equity and debt investments (includes ¥28,212 and ¥34,863 at fair value option)$214.0B$151.7B$117.1B$99.4B
Total trading assets and private equity and debt investments$26.3T$22.5T$19.7T$17.6T
Office buildings, land, equipment and facilities (net of accumulated depreciation and amortization of ¥546,117 and ¥600,417)$543.8B$436.5B$448.8B$464.3B
Non-trading debt securities (includes ¥226,772 and ¥365,223 at fair value option)$761.3B$485.3B——
Investments in equity securities (includes assets pledged of ¥272 and ¥537)$123.2B$98.4B$105.1B$97.7B
Investments in and advances to affiliated companies (includes assets pledged of ¥7,460 and ¥5,919; includes ¥ 11,478 and ¥15,554 at fair value option)$535.4B$506.4B$462.0B$402.5B
Other (includes ¥215,854 and ¥276,258 at fair value option)$1.6T$1.1T$1.2T$1.0T
Total other assets$3.6T$2.7T$2.5T$2.3T
Total assets$62.6T$56.8T$55.1T$47.8T
Short-term borrowings (includes ¥630,604 and ¥915,584 at fair value option)$1.8T$1.1T$1.1T$1.0T
Payables to customers$1.6T$1.4T$1.3T$1.4T
Payables to other than customers$3.4T$2.8T$2.8T$1.8T
Deposits received at banks (includes ¥325,570 and ¥316,020 at fair value option)$3.7T$3.1T$2.4T$2.1T
Total payables and deposits$8.7T$7.2T$6.5T$5.3T
Securities sold under agreements to repurchase (includes ¥673,648 and ¥571,554 at fair value option)$15.2T$16.3T$16.9T$14.2T
Securities loaned (includes ¥30,216 and ¥122,323 at fair value option)$2.4T$2.0T$2.1T$1.6T
Other secured borrowings$384.2B$393.4B$393.2B$334.3B
Total collateralized financing$18.1T$18.6T$19.4T$16.1T
Trading liabilities (includes ¥ nil and ¥436 at fair value option)$12.9T$11.4T$10.9T$10.6T
Other liabilities (includes ¥54,588 and ¥92,076 at fair value option)$1.8T$1.5T$1.4T$1.2T
Long-term borrowings (includes ¥6,915,178 and ¥8,487,521 at fair value option)$15.5T$13.4T$12.5T$10.4T
Borrowings$908.0B$1.0T$1.1T$887.0B
Total liabilities$58.8T$53.2T$51.7T$44.5T
No par value shares; Authorized—6,000,000,000 shares Issued—3,163,562,601 and 3,088,562,601 shares Outstanding—2,956,210,965 and 2,901,337,224 shares594.5B594.5B594.5B594.5B
Additional paid-in capital$706.3B$704.9B$708.8B$707.2B
Retained earnings$2.0T$1.9T$1.7T$1.6T
Accumulated other comprehensive income$548.2B$447.8B$460.0B$318.5B
Total NHI shareholders' equity before treasury stock$3.9T$3.6T$3.5T$3.3T
Common stock held in treasury, at cost—207,351,636 and 187,225,377 shares-155.1B-143.7B-118.8B-118.6B
Total NHI shareholders' equity$3.7T$3.5T$3.4T$3.1T
Noncontrolling interests$147.0B$110.1B$98.3B$75.6B
Total equity$3.9T$3.6T$3.4T$3.2T
NOMURA HOLDINGS INC balance sheet, quarters
Line itemSep 30, 2025Sep 30, 2024Sep 30, 2023Sep 30, 2022
Cash and cash equivalents$5.9T$4.8T$4.1T$3.7T
Time deposits$567.0B$564.4B$454.9B$346.7B
Deposits with stock exchanges and other segregated cash$397.4B$398.7B$316.9B$383.9B
Total cash and cash deposits$6.8T$5.8T$4.9T$4.4T
Loans receivable (includes ¥2,178,376 and ¥2,531,009 at fair value option)$6.4T$5.4T$4.7T$4.2T
Receivables from customers (includes ¥50,258 and ¥55,876 at fair value option)$443.1B$410.5B$340.1B$531.4B
Receivables from other than customers$1.1T$1.1T$1.1T$1.3T
Allowance for credit losses($16.3B)($16.6B)($5.8B)($72.2B)
Total loans and receivables$8.0T$6.8T$6.1T$6.0T
Securities purchased under agreements to resell (includes ¥358,711 and ¥304,199 at fair value option)$13.4T$15.3T$17.0T$15.8T
Securities borrowed$4.4T$4.9T$4.8T$5.0T
Total collateralized agreements$17.8T$20.2T$21.8T$20.8T
Trading assets (includes assets pledged of ¥8,666,326 and ¥10,274,151; includes ¥745,801 and ¥800,182 at fair value option)$24.7T$22.0T$19.5T$18.1T
Private equity and debt investments (includes ¥28,212 and ¥29,960 at fair value option)$182.7B$134.6B$111.2B$63.7B
Total trading assets and private equity and debt investments$24.9T$22.1T$19.6T$18.1T
Office buildings, land, equipment and facilities (net of accumulated depreciation and amortization of ¥546,117 and ¥557,108)$442.3B$444.3B$462.9B$430.7B
Non-trading debt securities (includes ¥226,772 and ¥289,807 at fair value option)$593.3B$331.7B——
Investments in equity securities (includes assets pledged of ¥272 and ¥406)$106.0B$95.7B$106.4B$127.3B
Investments in and advances to affiliated companies (includes assets pledged of ¥7,460 and ¥7,843; includes ¥11,478 and ¥9,409 at fair value option)$516.8B$479.4B$450.4B$390.1B
Other (includes ¥215,854 and ¥269,394 at fair value option)$1.2T$1.2T$1.0T$786.3B
Total other assets$2.9T$2.5T$2.4T$2.2T
Total assets$60.4T$57.5T$54.8T$51.5T
Short-term borrowings (includes ¥630,604 and ¥710,722 at fair value option)$1.2T$897.1B$1.1T$1.3T
Payables to customers$2.1T$1.3T$1.3T$1.7T
Payables to other than customers$2.8T$3.0T$2.6T$2.2T
Deposits received at banks (includes ¥325,570 and ¥319,804 at fair value option)$3.3T$2.8T$2.1T$2.0T
Total payables and deposits$8.1T$7.2T$6.0T$5.9T
Securities sold under agreements to repurchase (includes ¥673,648 and ¥567,910 at fair value option)$15.6T$17.9T$18.6T$16.0T
Securities loaned (includes ¥30,216 and ¥93,927 at fair value option)$2.2T$1.9T$1.7T$1.6T
Other secured borrowings$368.7B$406.3B$291.4B$326.9B
Total collateralized financing$18.2T$20.2T$20.6T$17.9T
Trading liabilities (includes ¥nil and ¥951 at fair value option)$13.4T$11.4T$11.1T$12.2T
Other liabilities (includes ¥54,588 and ¥67,236 at fair value option)$1.4T$1.3T$1.2T$974.5B
Long-term borrowings (includes ¥6,915,397 and ¥7,500,810 at fair value option)$14.4T$13.0T$11.4T$10.1T
Borrowings$989.0B$1.2T$934.0B$880.0B
Total liabilities$56.8T$54.1T$51.4T$48.3T
No par value share Authorized—6,000,000,000 shares Issued—3,163,562,601 shares Outstanding—2,956,210,965 and 2,933,610,441 shares594.5B594.5B594.5B594.5B
Additional paid-in capital$682.0B$683.6B$690.8B$687.3B
Retained earnings$2.0T$1.8T$1.6T$1.6T
Accumulated other comprehensive income$404.4B$372.7B$442.6B$392.5B
Total NHI shareholders' equity before treasury stock$3.7T$3.4T$3.4T$3.3T
Common stock held in treasury, at cost—207,351,636 and 229,952,160 shares-171.5B-144.5B-79.4B-119.9B
Total NHI shareholders' equity$3.5T$3.3T$3.3T$3.2T
Noncontrolling interests$123.4B$95.6B$80.8B$64.3B
Total equity$3.6T$3.4T$3.4T$3.2T

Cash flow statement

NOMURA HOLDINGS INC cash flow statement, fiscal years
Line itemMar 31, 2026 · FYMar 31, 2025 · FYMar 31, 2024 · FYMar 31, 2023 · FY
Net income$374.4B$347.3B$177.2B$91.7B
Depreciation and amortization$68.3B$61.7B$61.3B$61.4B
Provision for credit losses$248.0M($1.1B)$13.9B—
Stock-based compensation$40.8B$38.6B$35.6B$35.2B
Gain on investments in equity securities($13.1B)($444.0M)($9.6B)$1.4B
(Gain) loss on investments in subsidiaries and affiliates$12.0B($205.0M)($968.0M)($23.9B)
Equity in earnings of affiliates, net of dividends received($18.7B)($34.6B)($31.1B)($34.1B)
(Gain) loss on disposal of office buildings, land, equipment and facilities($58.7B)$2.3B$2.7B$344.0M
Deferred income taxes$8.3B$11.6B($312.0M)$6.1B
Deposits with stock exchanges and other segregated cash($133.3B)($144.5B)$16.5B$170.6B
Trading assets and private equity and debt investments($2.9T)($3.0T)($386.5B)($1.6T)
Trading liabilities$1.1T$574.2B($411.8B)$467.3B
Securities purchased under agreements to resell, net of securities sold under agreements to repurchase($441.0B)$1.1T$290.8B($590.4B)
Securities borrowed, net of securities loaned$882.2B$526.2B($324.1B)$834.4B
Margin loans and receivables($653.3B)($179.7B)($276.1B)$178.3B
Payables$703.6B($16.7B)$709.8B($139.4B)
Bonus accrual$63.4B$26.5B$26.5B($3.3B)
Accrued income taxes, net$25.7B$19.2B$70.9B($42.6B)
Other, net$46.7B$8.5B$167.8B($278.3B)
Net cash provided by (used in) operating activities($843.0B)($678.6B)$132.6B($974.8B)
Payments for placements of time deposits($747.6B)($679.9B)($650.6B)—
Proceeds from redemption or maturity of time deposits$746.2B$572.9B$567.6B—
Payments for purchases of office buildings, land, equipment and facilities($353.8B)($190.0B)($145.8B)($171.2B)
Proceeds from sales of office buildings, land, equipment and facilities$234.7B$131.1B$112.0B$63.6B
Payments for purchases of equity investments($33.9B)($10.7B)($14.7B)($100.0M)
Proceeds from sales of equity investments$23.5B$8.1B$40.5B$35.5B
Net cash outflows from loans receivable at banks($131.6B)($129.8B)($112.2B)($84.6B)
Payments for purchases or origination of other non-trading loans($7.6T)($5.9T)($4.3T)—
Proceeds from sales or repayments of other non-trading loans$7.0T$5.5T$3.6T—
Payments for purchases of available-for-sale debt securities($167.4B)($113.7B)($112.4B)—
Payments for purchases of other non-trading debt securities($316.9B)($179.0B)——
Proceeds from sales or maturity of other non-trading debt securities$227.0B$131.2B$135.7B—
Acquisitions, net of cash acquired($275.0B)—($457.0M)—
Divestures, net of cash disposed of$12.0M$8.1B——
Payments for purchases of investments in affiliated companies($11.9B)($19.0B)($29.8B)—
Proceeds from sales of investments in affiliated companies$1.7B$10.1B$900.0M—
Other, net($20.0B)$16.2B$914.0M$945.0M
Net cash used in investing activities($1.5T)($848.6B)($887.9B)$38.9B
Proceeds from issuances of long-term borrowings$4.6T$4.3T$3.1T$2.3T
Payments for repurchases or maturity of long-term borrowings($3.2T)($3.3T)($2.1T)($1.2T)
Proceeds from issuances of short-term borrowings$2.5T$1.9T$2.0T—
Payments for repurchases or maturity of short-term borrowings($2.4T)($1.9T)($1.9T)—
Net cash inflows (outflows) from interbank money market borrowings$443.1B$130.5B($88.3B)—
Net cash inflows (outflows) from other secured borrowings($7.6B)($23.6B)$57.3B—
Net cash inflows from deposits received at banks$387.4B$785.4B$107.5B$326.3B
NOMURA HOLDINGS INC cash flow statement, quarters
Line itemSep 30, 2025 · YTDSep 30, 2024 · YTDSep 30, 2023 · YTDSep 30, 2022 · YTD
Net income$203.3B$169.1B$61.5B$17.1B
Depreciation and amortization$31.4B$31.4B$30.0B$30.4B
Provision for credit losses($447.0M)$24.0M——
(Gain) loss on investments in equity securities($4.0B)$1.1B($7.6B)$3.3B
(Gain) loss on disposal of office buildings, land, equipment and facilities($55.5B)$247.0M$887.0M$151.0M
Deferred income taxes$14.6B$10.0B($1.9B)$11.1B
Deposits with stock exchanges and other segregated cash$50.6B($110.3B)$5.5B$100.0B
Trading assets and private equity and debt investments($2.4T)($3.4T)($609.1B)($1.3T)
Trading liabilities$2.1T$911.9B($59.3B)$1.6T
Securities purchased under agreements to resell, net of securities sold under agreements to repurchase$45.8B$1.8T$627.5B($1.3T)
Securities borrowed, net of securities loaned$450.2B$84.6B($166.4B)$270.7B
Margin loans and receivables($102.9B)($171.5B)($383.3B)($275.4B)
Payables$680.7B$296.5B$521.6B$408.0B
Bonus accrual($84.6B)($66.1B)($63.1B)($72.5B)
Accrued income taxes, net$7.1B$6.4B$44.5B($38.5B)
Other, net$84.1B$45.3B($95.5B)($84.9B)
Net cash provided by (used in) operating activities$942.8B($369.1B)($147.8B)($659.9B)
Payments for placements of time deposits($320.9B)($329.9B)——
Proceeds from redemption or maturity of time deposits$425.8B$289.5B——
Payments for purchases of office buildings, land, equipment and facilities($117.2B)($83.8B)($52.8B)($56.0B)
Proceeds from sales of office buildings, land, equipment and facilities$120.0B$25.6B$42.3B$25.3B
Payments for purchases of equity investments($3.5B)($3.0B)($13.0M)—
Proceeds from sales of equity investments$5.9B$3.9B$9.9B$816.0M
Net cash outflows from loans receivable at banks($47.9B)($59.4B)($38.0B)($33.0B)
Payments for purchases or origination of other non-trading loans($3.5T)($2.6T)——
Proceeds from sales or repayments of other non-trading loans$3.3T$2.6T——
Payments for purchases of available-for-sale debt securities($86.9B)($49.7B)——
Payments for purchases of other non-trading debt securities($133.5B)($16.6B)——
Proceeds from sales or maturity of other non-trading debt securities$123.0B$63.3B——
Payments for purchases of investments in affiliated companies($5.6B)($916.0M)——
Proceeds from sales of investments in affiliated companies$91.0M$4.9B——
Other, net($22.6B)$1.4B$2.4B$480.0M
Net cash used in investing activities($342.2B)($203.7B)($61.2B)($7.8B)
Proceeds from issuances of long-term borrowings$2.4T$2.3T$1.5T$991.0B
Payments for repurchases or maturity of long-term borrowings($1.6T)($1.5T)($993.7B)($525.0B)
Proceeds from issuances of short-term borrowings$1.1T$953.9B——
Payments for repurchases or maturity of short-term borrowings($1.1T)($1.0T)——
Net cash inflows from interbank money market borrowings$111.4B$6.0B——
Net cash inflows (outflows) from other secured borrowings($23.4B)$14.4B——
Net cash inflows from deposits received at banks$132.1B$554.0B($145.9B)$232.8B
Payments for withholding taxes on stock-based compensation($18.2B)($20.6B)——
Proceeds from sales of common stock$284.0M$900.0M$110.0M$3.0M
Payments for repurchases of common stock($60.0B)($59.0B)($20.0B)($23.2B)
Payments for cash dividends($100.5B)($44.6B)($36.0B)($42.3B)
Contributions from noncontrolling interests$57.9B$29.4B$18.9B$3.3B

NOMURA HOLDINGS INC score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.