Nomura Holdings, Inc.

Business Description

Nomura reports in three divisions. Wealth Management serves Japanese individuals through a nationwide branch network with brokerage, advisory and succession-related services; Investment Management houses the asset-management business, centred on Nomura Asset Management, spanning public funds, institutional mandates and a growing book of private and alternative assets; and Wholesale combines global markets — equities, fixed income and their derivatives — with investment banking, advising on mergers and acquisitions and underwriting debt and equity from trading floors in Tokyo, London, New York and across Asia.

By reported line, commissions supply roughly a quarter of revenue and trading gains about a sixth, while financial income accounts for more than half — largely the gross interest on a financing book carrying an offsetting expense, which is why net revenue is the meaningful measure. Earnings are inherently cyclical, turning on equity-market activity, trading conditions and deal flow, and Wholesale has been the swing factor for most of the past decade; management has answered by pushing recurring fee-based wealth management, private and unlisted assets and cross-industry partnerships to steady the base. The firm traces its origins to 1925, when the securities arm of Osaka Nomura Bank was spun out, and its shares trade on the Tokyo Stock Exchange Prime market, the Nagoya Stock Exchange Premier market and, as an ADR, on the New York Stock Exchange. It reports on a March fiscal year.

Corporate Data

Latest Coverage

• July 29, 2026 Nomura Q1 Net Income Jumps 39% to ¥145.6 Billion as Net Revenue Climbs 31%; ROE Hits 15.4%
• April 24, 2026 Nomura HD FY26 Net Revenue +14.5% to ¥2.17trn, Net Profit +6.3% to ¥362bn; Dividend Held at ¥51 Ordinary, No FY27 Guidance