Nomura Holdings, Inc.
NYSE•NMR
CEO: Mr. Kentaro Okuda
Sector: Financial Services
Industry: Financial - Capital Markets
Listing Date: 2001-12-17
Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Wealth Management, Investment Management, and Wholesale. The Wealth Management segment offers various financial products and investment consultation services. The Investment Management segment offers investment trust management, discretionary investment services, and investment funds. The Wholesale segment is involved in the sale, trading, agency execution, and market-making of fixed income and equity products, as well as structured financing and solutions. This segment also engages in underwriting various securities and other financial instruments, such as various classes of shares, convertible and exchangeable securities, investment grade and high yield debts, sovereign and emerging market debts, structured securities, and other securities; arranging private placements, as well as other capital raising activities; and provision of financial advisory services on business transactions comprising mergers and acquisitions, divestitures, spin-offs, capital structuring, corporate defense activities, leveraged buyouts, and risk solutions. The company was formerly known as The Nomura Securities Co., Ltd. and changed its name to Nomura Holdings, Inc. in October 2001. Nomura Holdings, Inc. was incorporated in 1925 and is headquartered in Tokyo, Japan.
Contact Information
Market Cap
$24.47B
P/E (TTM)
10.3
18.5
Dividend Yield
3.9%
52W High
$8.37
52W Low
$4.86
52W Range
Rank51Top 58.4%
3.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q2 2026 Data
Revenue
$1.11T-6.69%
4-Quarter Trend
EPS
$32.42-2.64%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Strong Net Revenue Growth Net Revenue reached ¥1.89T, marking a 21.2% increase, driven by asset management fees and trading gains.
Net Income Attributable Surge Net Income attributable to NHI shareholders was ¥340.7B, reflecting a substantial 105.4% increase over the prior year.
ROE Target Achieved Return on Equity improved significantly to 10.0% for the fiscal year, aligning with management's focus on capital efficiency.
Total Assets Growth Total Assets grew to ¥56.8T, reflecting balance sheet expansion driven by increased trading assets and private equity investments.
Risk Factors
Market Volatility Exposure Business highly affected by financial markets, economic conditions, and geopolitical events globally, potentially causing material losses.
Intense Competition Pressure Financial services face intense competition from traditional firms and FinTech, requiring continuous business model revisions to maintain share.
Operational and Cybersecurity Threats System failures, information leakage, and maintaining sufficient cybersecurity pose ongoing risks to financial condition and operations.
Third Party Default Risk Losses possible from third-party non-performance, including defaults by large financial institutions or counterparties failing obligations.
Outlook
Expand Private Markets Strategy Strategy focuses on expanding into private markets to complement public market businesses and achieve sustainable, diversified revenue.
New Banking Division Launch Established new Banking Division effective April 2025, leveraging Trust and Luxembourg bank strengths for asset building services.
Capital Allocation Focus Aiming for ROE of 8-10%+ by FY2030, maintaining capital ratios, and targeting total shareholder payout ratio of at least 50%.
Human Capital Development Focusing on evolving HR strategies, deepening 'Conduct' and 'Inclusion', and enhancing consulting capabilities for future competitiveness.
Peer Comparison
Revenue (TTM)
$4.41T
$18.12B
FCNCA$14.53B
Gross Margin (Latest Quarter)
BAP100.0%
FUTU87.6%
IREN66.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| FCNCA | $25.56B | 11.4 | 10.5% | 16.6% |
| RF | $24.89B | 11.2 | 12.0% | 3.8% |
| NMR | $24.47B | 10.3 | 10.9% | 0.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.2%
Flat Growth
4Q Net Income CAGR
-3.2%
Stable Profitability
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 4, 2026
EPS:$0.17
|Revenue:-
Reports
All Years
Form 20-F - FY 2025
Period End: Mar 31, 2025|Filed: Jun 23, 2025|Revenue: $29.54B+13.4%|EPS: $0.76+109.8%BeatForm 20-F - FY 2024
Period End: Mar 31, 2024|Filed: Jun 26, 2024|Revenue: $27.48B+73.0%|EPS: $0.38+78.1%MeetForm 20-F/A - FY 2023
Period End: Mar 31, 2023|Filed: Apr 12, 2024|Revenue: $17.40B+67.1%|EPS: $0.23-33.9%MissForm 20-F - FY 2023
Period End: Mar 31, 2023|Filed: Jun 28, 2023|Refer to amended dataForm 20-F - FY 2022
Period End: Mar 31, 2022|Filed: Jun 24, 2022|Revenue: $12.23B-2.9%|EPS: $0.42-6.8%MissForm 20-F - FY 2021
Period End: Mar 31, 2021|Filed: Jun 25, 2021|Revenue: $13.34B-18.6%|EPS: $0.47-26.0%Miss