Overview
Securities and Commodities Futures

Nomura Holdings, Inc.

Nomura Holdings is Japan's largest integrated investment bank and securities group, providing a comprehensive range of financial services including securities brokerage, investment banking (underwriting and M&A advisory), asset management, and banking services to retail, corporate, and institutional clients. The group operates across Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking) segments, as well as a newly established Banking division. With a global network spanning major financial capitals, Nomura serves clients in Japan and key international markets through over 1,500 consolidated entities.

Market Cap
¥4,154B
US$26.5B
EV
¥—B
Stock¥1,421.5▼-0.28%
US$1 = ¥156.80 (2026-10-23)
ROE
15.5%
* LTM NI / end-of-period equity
PBR
1.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+14.2%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 2, 26Nomura-specific factor decline
2Mar 2, 26Nomura-specific adjustment
3Jul 30, 26Q1 FY2027/03 earnings announced
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Performance & Balance
Revenue 5Y (¥B)
1,594US$10.2B'22/32,487US$15.9B'23/34,157US$26.5B'24/34,737US$30.2B'25/34,758US$30.3B'26/3
Net Income 5Y (¥B)
143US$912M'22/392.8US$592M'23/3166US$1.06B'24/3341US$2.17B'25/3362US$2.31B'26/3
Capital Structure
23%
77%
EquityD/E 3.28xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3,449US$22.0B6,068US$38.7B'22/33,923US$25.0B6,451US$41.1B'23/34,409US$28.1B7,338US$46.8B'24/34,529US$28.9B7,539US$48.1B'25/34,447US$28.4B8,570US$54.7B'26/3
Shareholders
Top 10 hold 35.2%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
16.62%
2
Custody Bank of Japan, Ltd. (Trust Account)
5.34%
3
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
3.04%
4
THE BANK OF NEW YORK MELLON AS DEPOSITARY BANK FOR DR HOLDERS (Standing Proxy: MUFG Bank, Ltd.)
2.75%
5
JPMorgan Securities Japan Co., Ltd.
1.77%
6
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.48%
7
Goldman Sachs Japan Co., Ltd. BNYM (Standing Proxy: MUFG Bank, Ltd.)
1.18%
8
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
1.11%
9
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)
0.95%
10
JP MORGAN CHASE BANK 385642 (Standing Proxy: Mizuho Bank, Ltd.)
0.93%
Management
11 officers
Koji NAGAI
Director, Chairman of the Board
Apr 1981 Joined the Company Apr 2003 Director, Nomura Securities Co., Ltd. Jun 2003 Executive Officer, Nomura Securities Apr 2007 Managing Executive Officer, Nomura Securities Oct 2008 Managing Executive Officer (Executive Officer), Nomura Securities Apr 2009 Senior Managing Director and Executive Officer, Nomura Securities Apr 2011 Co-COO and Executive Vice President (Executive Officer), Nomura Securities Apr 2012 Executive Officer, Nomura Holdings, Inc.; Representative Executive Officer and President, Nomura Securities Aug 2012 Representative Executive Officer, Group CEO, Nomura Holdings; Director and President, Nomura Securities Jun 2013 Director and Representative Executive Officer, Group CEO, Nomura Holdings; Director and President, Nomura Securities Apr 2017 Director and Representative Executive Officer, President, Group CEO, Nomura Holdings; Director and Chairman, Nomura Securities Apr 2020 Chairman of the Board, Nomura Holdings (current); Chairman of the Board, Nomura Securities (current)
1959-01-25
Kentaro OKUDA
Director
Apr 1987 Joined the Company Apr 2010 Executive Officer, Nomura Securities Apr 2012 Managing Executive Officer, Nomura Securities Aug 2012 Managing Executive Officer, Nomura Holdings; Managing Executive Officer, Nomura Securities Apr 2013 Executive Officer, Nomura Holdings; Managing Executive Officer, Nomura Securities Apr 2015 Executive Officer, Nomura Holdings; Senior Managing Director, Nomura Securities Apr 2016 Executive Officer, Nomura Holdings; Senior Managing Director and Executive Officer, Nomura Securities Apr 2017 Executive Officer, Nomura Holdings; Senior Managing Director, Nomura Securities Apr 2018 Executive Officer, Group Co-COO, Nomura Holdings; Director and Executive Vice President, Nomura Securities Apr 2019 Executive Vice President, Group Co-COO, Nomura Holdings Apr 2020 Representative Executive Officer, President, Group CEO, Nomura Holdings; Representative Director, Nomura Securities Jun 2020 Director and Representative Executive Officer, President, Group CEO, Nomura Holdings; Representative Director, Nomura Securities Jun 2021 Director and Representative Executive Officer, President, Group CEO, Nomura Holdings (current); Representative Director and President, Nomura Securities (current)
1963-11-07
Yutaka NAKAJIMA
Director
Apr 1988 Joined the Company Apr 2011 Executive Officer, Nomura Securities May 2015 Executive Officer, Nomura Holdings Apr 2016 Executive Officer, Nomura Holdings; Managing Director (Executive Officer), Nomura Securities Apr 2017 Executive Officer, Nomura Holdings; Executive Managing Director, Nomura Securities Apr 2018 Executive Officer, Nomura Holdings; Senior Managing Director, Nomura Securities Apr 2019 Executive Officer, Nomura Holdings; Director and Senior Managing Director, Nomura Securities Apr 2021 Executive Officer, Nomura Holdings; Representative Director and Deputy President, Nomura Securities Apr 2023 Representative Executive Officer and Deputy President, Nomura Holdings; Representative Director and Deputy President, Nomura Securities Jun 2023 Director and Representative Executive Officer, Deputy President, Nomura Holdings (current); Representative Director and Deputy President, Nomura Securities (current)
1965-08-02
Shoji OGAWA
Director
Apr 1987 Joined the Company Apr 2007 General Manager, IB Planning Department, Nomura Securities Oct 2008 General Manager, Capital Markets Department and General Manager, Capital Solutions Department, Nomura Securities Jul 2009 General Manager, Capital Markets Department, Nomura Securities Apr 2012 General Manager, IB Planning Department, Nomura Securities Jul 2013 General Manager, Internal Audit Office, Nomura Holdings; General Manager, Internal Audit Office, Nomura Securities Aug 2016 General Manager, Board Secretariat, Nomura Holdings; General Manager, Board Secretariat, Nomura Securities Apr 2017 Executive Officer in charge of Group Internal Audit, Nomura Holdings; Executive Officer in charge of Internal Audit, Nomura Securities Apr 2021 Adviser, Nomura Holdings Jun 2021 Director (current)
1964-08-09
Victor CHU
Director
Dec 1982 Solicitor, The Supreme Court of Hong Kong Jan 1988 Chairman and CEO, First Eastern Investment Group (current) Oct 1988 Director and Council Member, Hong Kong Stock Exchange Jun 1992 Advisory Committee Member, Securities and Futures Commission of Hong Kong Aug 2003 Foundation Board Member, World Economic Forum Apr 2018 Independent Director, Airbus SE Jun 2021 Outside Director, Nomura Holdings (current)
1957-06-20
Takehisa TAKAHARA
Director
Apr 1986 Joined Sanwa Bank, Ltd. (now MUFG Bank, Ltd.) Apr 1991 Joined Unicharm Corporation Jun 1995 Director, Unicharm Corporation Apr 1996 Director, General Manager of Purchasing and Deputy General Manager of International Division, Unicharm Jun 1997 Managing Director, Unicharm Apr 1998 Managing Director, General Manager of Sanitary Products Division, Unicharm Oct 2000 Managing Director, Corporate Strategy, Unicharm Jun 2001 Representative Director and President, Unicharm Jun 2004 Representative Director, President and Executive Officer, Unicharm (current) Jun 2021 Outside Director, Nomura Holdings (current)
1961-07-12
Miyuki ISHIGURO
Director
Apr 1991 Registered as attorney; joined Tsunematsu Yanase Sekine Law Office (now Nagashima Ohno & Tsunematsu) Jan 1999 Partner, Tsunematsu Yanase Sekine Law Office Jan 2000 Partner, Nagashima Ohno & Tsunematsu (current) Oct 2004 Visiting Professor, Columbia Law School May 2015 Secretary General, Inter-Pacific Bar Association (IPBA) Feb 2016 Member, Radio Regulatory Review Board, Ministry of Internal Affairs and Communications Apr 2016 Member, Management Council, Hitotsubashi University Apr 2018 Vice President, Tokyo Bar Association Jun 2023 Outside Director, Nomura Holdings (current) Apr 2024 President, IPBA
1964-10-26
Masahiro ISHIZUKA
Director
Oct 1984 Joined Deloitte Haskins & Sells (now Deloitte Touche Tohmatsu LLC) Apr 1988 Registered Certified Public Accountant Jun 1997 Partner, Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Jan 1998 Stationed at Deloitte & Touche LLP, New York Office Oct 2004 General Manager, Audit Technology Department, Tohmatsu & Co. Aug 2010 Vice Chairman, Auditing Standards Committee, Japanese Institute of Certified Public Accountants Oct 2010 General Manager, Manual Office, Quality Management Division, Deloitte Touche Tohmatsu LLC Nov 2015 Board Member, Deloitte Tohmatsu LLC (now Deloitte Tohmatsu Group G.K.) Jun 2017 Executive, General Manager, Reputation, Quality and Risk Management Division, Deloitte Tohmatsu LLC and Deloitte Touche Tohmatsu LLC Jun 2022 Ethics Officer, Deloitte Tohmatsu Group Jun 2023 Outside Director, Nomura Holdings (current) Apr 2024 Director, Nomura Securities (current)
1960-04-21
Suguru OSHIMA
Director
Mar 1980 Joined NGK Insulators, Ltd. (now NGK Co., Ltd.) Jun 2007 Executive Officer, NGK Insulators Jun 2011 Managing Executive Officer, NGK Insulators Jun 2014 Representative Director and President, NGK Insulators Apr 2021 Representative Director and Chairman, NGK Insulators (current) Jun 2024 Outside Director, Nomura Holdings (current)
1956-07-14
Nellie LIANG
Director
Jan 2006 Associate Director, Division of Research and Statistics, U.S. Federal Reserve Board (FRB) Nov 2010 Director, Division of Financial Stability, FRB May 2016 Member, Panel of Economic Advisers, U.S. Congressional Budget Office Mar 2017 Senior Fellow, Economic Studies, Brookings Institution Apr 2017 Visiting Scholar, Monetary and Capital Markets Department, International Monetary Fund (IMF) Aug 2018 Lecturer, Yale University School of Management Jul 2021 Under Secretary, Domestic Finance, U.S. Department of the Treasury Mar 2023 Chair, Standing Committee on Assessment of Vulnerabilities (SCAV), Financial Stability Board (FSB) Mar 2025 Senior Fellow, Economic Studies, Brookings Institution (current) Jun 2025 Outside Director, Nomura Holdings (current)
1957-10-23
Patricia MOSSER
Director
Jul 1986 Assistant Professor, Department of Economics, Columbia University Jan 1991 Economist and Vice President, Federal Reserve Bank of New York (FRBNY) Nov 2006 Senior Vice President, FRBNY; Member, FX Forum and Executive Meeting of East Asia and Pacific Central Banks (EMEAP), Bank for International Settlements (BIS) Jan 2007 Board Member, American Economic Association's Committee on the Status of Women in the Economics Profession Jun 2007 Member, Markets Committee, BIS Jan 2009 Acting Manager, System Open Market Account, Federal Open Market Committee (FOMC) Oct 2013 Deputy Director, Office of Financial Research, U.S. Department of the Treasury Oct 2013 Member, Deputies Committee, Financial Stability Oversight Council (FSOC) Jun 2015 Senior Research Scholar, School of International and Public Affairs (SIPA), Columbia University; Director, Central Banking and Financial Policy (current) Jun 2021 Outside Director, Nomura Holdings Jul 2025 Special Research Scholar, SIPA, Columbia University (current)
1956-02-14
Large Shareholding Reports
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.08%→3.12%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-29
中期経営計画
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
TDnet
2025-07-29
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
TDnet
2025-02-05
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
TDnet
2024-07-30
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-06-25
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINETAmended
2024-06-25
Amended Quarterly Securities Report
Period: Oct 2021 – Dec 2021
EDINETAmended
2024-06-25
Amended Annual Securities Report
Period: Apr 2019 – Mar 2020
EDINETAmended
2024-06-25
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINETAmended
2024-06-25
Amended Quarterly Securities Report
Period: Jul 2021 – Sep 2021
EDINETAmended
2024-06-25
Amended Quarterly Securities Report
Period: Apr 2021 – Jun 2021
EDINETAmended
2024-06-25
Amended Annual Securities Report
Period: Apr 2018 – Mar 2019
EDINETAmended
2024-06-25
Amended Quarterly Securities Report
Period: Apr 2022 – Jun 2022
EDINETAmended
2024-06-25
Amended Quarterly Securities Report
Period: Jul 2022 – Sep 2022
EDINETAmended
2024-06-25
Amended Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINETAmended
2024-04-12
Amended Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-04-12
Amended Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINETAmended
2024-04-12
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
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