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NYSE · SECURITY BROKERS, DEALERS & FLOTATION COMPANIES · LARGE CAP

Nomura Holdings Inc. NMR

19 fiscal years on record · JPY · FY2025 reported · SEC filings only
JPY 1.2T
▲ 12.7% YoY
JPY 362.1B
▲ 6.3% YoY
JPY -1.2T
In brief

What this company does

Nomura provides financial services through subsidiaries that operate offices in Japan, the U.S., the U.K., Singapore and Hong Kong, among other countries and regions. Its clients include individuals, corporations, financial institutions, governments and governmental agencies. The business consists of four divisions: Wealth Management, Investment Management, Wholesale and Banking. The Wealth Management Division delivers financial products and services mainly to individuals and corporations in Japan, through a nationwide network of NSC branches and through online services. Local branches, including the head office, numbered 104 at the end of March 2026. The Investment Management Division delivers investment trusts to individual investors through financial institutions in Japan and provides investment products across public and private market asset classes to pension funds, institutional investors and financial intermediaries. The Wholesale Division consists of Global Markets, engaged in trading, sales and structuring of financial products, and Investment Banking, engaged in advisory, financing and solution businesses. The Banking Division, set up in April 2025, comprises The Nomura Trust and Banking Co., Ltd., which provides banking and trust services to customers in Japan, and Nomura Bank (Luxembourg) S.A., which administers Cayman- and Luxembourg-domiciled investment funds held mainly by Japanese investors.

Written from the business description in NOMURA HOLDINGS INC's annual report to the U.S. Securities and Exchange Commission, filed 22 June 2026. Every sentence was checked against that document before publication.

Growth
JPY 1.20T
Revenue, FY2025 · full 19-year series below
Revenue JPY T Net income JPY T
FY2025 · Revenue 1.2 · Net income 0.4
0.80T1.60T-0.25T-0.50T2007201020132016201920222025
Compound annual growth
+19.4%
+9.6%
−3.5%
−0.9%
+57.4%
+18.8%
+10.7%
+18.4%
+58.8%
+19.6%
+50.8%
+29.8%
+10.6%
+10.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.6% a year over five years — but profit grew faster: net income at +18.8%, earnings per share at +19.6%.

The share count fell from 3.06B to 2.90B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
31 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 44.1% · Net 31.1%
20%40%-50%-100%2007201020132016201920222025
ROE
FY2025 · ROE 10.1%
5%10%-20%-40%2007201020132016201920222025

Each JPY of equity produced 10 cents of profit this year.

Cash & shareholders
JPY 281.2B
returned in FY2025 · dividends + net buybacks
Free cash flow JPY T
FY2025 · FCF -1.2
0.4T0.8T-0.8T2007201020132016201920222025
Net buybacks JPY B Dividends JPY B
FY2025 · Dividends 179.7 · Net buybacks 101.5
100B200B-200B-400BDividendsNet buybacks2007201020132016201920222025

JPY 179.7B in dividends and JPY 101.5B in buybacks — 78% of the year's profit went back to shareholders.

Total assetsJPY 62.65T
EquityJPY 3.71T
CashJPY 4.30T
Gross debtJPY 17.30T
Net debtJPY 13.00T
DepositsJPY 3.67T

Net debt stands at 351% of equity.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · JPY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue JPY B1204.21068.7896.5707.9790.8759.9700.1694.41972.21715.51723.11930.61831.82079.91851.81385.51356.8664.51593.7
Operating income JPY B531.5473.5284.2179.7221.0219.1269.6−30.5326.3316.2185.8322.1350.9200.081.2110.295.8··
EBITDA JPY B···················
Income tax JPY B165.4124.796.657.880.170.328.957.0103.980.222.6120.8145.2132.058.961.337.2−70.93.3
Net income JPY B362.1340.7165.992.8143.0153.1217.0−100.4219.3239.6131.6224.8213.6107.211.628.767.8−708.2−67.8
Free cash flow JPY B−1196.8−868.6−13.1−866.0−974.2547.7−222.7−680.3−730.9992.1913.6−286.5243.1277.5108.3−421.4−1583.8−808.6−774.2
EPS, diluted JPY 118.99111.0352.6929.7445.2348.6366.20−29.9261.8865.6535.5260.0355.8128.373.147.8621.59−366.16−35.57
Dividend / sh JPY ···············8.008.0025.50·
Payout %50333662495027−4732186325241425110116−9−128
ROE %10.110.05.13.15.15.78.2−3.77.98.74.98.68.94.90.61.43.7−46.0·
Shares out B2.902.962.973.003.023.063.043.313.393.533.613.603.723.713.663.603.672.601.91

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 9 failures in 55 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 2 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente9 failures
ActivitySecurity Brokers, Dealers & Flotation Companies
Listed onNYSE
Incorporated inoutside the United States — SEC code M0
Fiscal year endsMarch 31
Data on record since2007

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