Nomura Holdings Inc 6-K, filed Aug 1, 2023

Nomura Holdings Inc (NMR)

6-K 2023-08-01 For: 2023-08-01

View Original

Added on July 04, 2026

About this 6-K

Nomura Holdings Inc filed this 6-K on August 1, 2023.

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →


	NOMURA HOLDINGS, INC.

Date: August 1, 2023	By:	/s/ Yoshifumi Kishida
		Yoshifumi Kishida
		Senior Managing Director


Date:		August 1, 2023
Company name (code number):		Nomura Holdings, Inc. (8604)
Stock exchange listings:		(In Japan) Tokyo, Nagoya (Overseas) New York, Singapore
Representative:		Kentaro Okuda President and Group CEO, Nomura Holdings, Inc.
For inquiries:		Junko Tago Managing Director, Head of Investor Relations, Nomura Holdings, Inc. Tel: (Country Code 81) 3-5255-1000 URL: https://www.nomura.com


	(Rounded to nearest million)
	(Millions of yen, except per share data)
	For the three months ended June 30
	2022						2023

				% Change from June 30, 2021						% Change from June 30, 2022
Total revenue		409,968			1.2	%		893,353			117.9	%
Net revenue		299,028			(15.4	%)		348,913			16.7	%
Income before income taxes		11,733			(85.1	%)		46,310			294.7	%
Net income attributable to Nomura Holdings, Inc. (“NHI”) shareholders		1,696			(96.5	%)		23,331			—	%
Comprehensive income		169,507			230.9	%		126,258			(25.5	%)
Basic-Net income attributable to NHI shareholders per share (Yen)		0.56						7.71
Diluted-Net income attributable to NHI shareholders per share (Yen)		0.52						7.40
Return on shareholders’ equity - annualized		0.2	%					2.9	%


	(Millions of yen, except per share data)
	At March 31			At June 30
	2023			2023

Total assets		47,771,802			52,493,241
Total equity		3,224,142			3,345,839
Total NHI shareholders’ equity		3,148,567			3,265,436
Total NHI shareholders’ equity as a percentage of total assets		6.6	%		6.2	%
Total NHI shareholders’ equity per share (Yen)		1,048.24			1,071.38


	(Yen amounts)
	For the year ended March 31
	2023		2024		2024 (Plan)
Dividends per share
Dividends record dates
At June 30		—		—		—
At September 30		5.00		—		Unconfirmed
At December 31		—		—		—
At March 31		12.00		—		Unconfirmed
For the year		17.00		—		Unconfirmed

Nomura Holdings Inc 6-K, filed Aug 1, 2023

About this 6-K

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents


Exhibit Number

1.		Financial Summary – Three months ended June 30, 2023.


1. Qualitative Information of the Quarterly Consolidated Results			P. 2

(1) Consolidated Operating Results			P. 2
(2) Consolidated Financial Position			P. 4
(3) Consolidated Earnings Forecasts			P. 4

2. Quarterly Consolidated Financial Statements			P. 5

(1) Consolidated Balance Sheets			P. 6
(2) Consolidated Statements of Income			P. 8
(3) Consolidated Statements of Comprehensive Income			P. 9
(4) Note with respect to the Assumption as a Going Concern			P. 9
(5) Segment Information – Operating Segment			P.10
(6) Significant Changes in Equity			P.11

3. Supplementary Information			P.12

(1) Consolidated Statements of Income – Quarterly Comparatives			P.12
(2) Business Segment Information – Quarterly Comparatives			P.13
(3) Other			P.14


	Billions of yen						% Change
	For the three months ended						(B-A)/(A)
	June 30, 2022 (A)			June 30, 2023 (B)			(B-A)/(A)
Net revenue		299.0			348.9			16.7
Non-interest expenses		287.3			302.6			5.3

Income (loss) before income taxes		11.7			46.3			294.7
Income tax expense		11.3			20.4			80.1

Net income (loss)		0.4			25.9			—

Less: Net income (loss) attributable to noncontrolling interests		(1.3	)		2.6			—

Net income (loss) attributable to NHI shareholders		1.7			23.3			—

Return on shareholders’ equity - annualized		0.2	%		2.9	%		—


	Millions of yen
	March 31, 2023			June 30, 2023			Increase/ (Decrease)
ASSETS
Cash and cash deposits:
Cash and cash equivalents		3,820,685			4,051,661			230,976
Time deposits		409,082			381,110			(27,972	)
Deposits with stock exchanges and other segregated cash		291,480			326,951			35,471

Total cash and cash deposits		4,521,247			4,759,722			238,475

Loans and receivables:
Loans receivable		4,013,852			4,393,936			380,084
Receivables from customers		379,911			338,779			(41,132	)
Receivables from other than customers		819,263			866,733			47,470
Allowance for credit losses		(5,832	)		(5,948	)		(116	)

Total loans and receivables		5,207,194			5,593,500			386,306

Collateralized agreements:
Securities purchased under agreements to resell		13,834,460			14,787,617			953,157
Securities borrowed		4,283,039			4,357,489			74,450

Total collateralized agreements		18,117,499			19,145,106			1,027,607

Trading assets and private equity and debt investments:
Trading assets*		17,509,934			20,516,523			3,006,589
Private equity and debt investments*		99,399			113,470			14,071

Total trading assets and private equity and debt investments		17,609,333			20,629,993			3,020,660

Other assets:
Office buildings, land, equipment and facilities (net of accumulated depreciation and amortization of ¥459,954 million as of March 31, 2023 and ¥492,259 million as of June 30, 2023)		464,316			460,045			(4,271	)
Non-trading debt securities*		337,361			362,134			24,773
Investments in equity securities*		97,660			98,215			555
Investments in and advances to affiliated companies*		402,485			417,498			15,013
Other		1,014,707			1,027,028			12,321

Total other assets		2,316,529			2,364,920			48,391

Total assets		47,771,802			52,493,241			4,721,439


	Millions of yen
	For the three months ended June 30, 2023
Common stock
Balance at beginning of year		594,493

Balance at end of period		594,493

Additional paid-in capital
Balance at beginning of year		707,189
Stock-based compensation awards		(26,450	)
Changes in an affiliated company’s interests		(3	)

Balance at end of period		680,736

Retained earnings
Balance at beginning of year		1,647,005
Net income attributable to NHI shareholders		23,331
Loss on sales of treasury stock		(2,459	)
Cancellation of treasury stock		(36,105	)

Balance at end of period		1,631,772

Accumulated other comprehensive income (loss)
Cumulative translation adjustments
Balance at beginning of year		242,767
Net change during the period		127,853

Balance at end of period		370,620

Defined benefit pension plans
Balance at beginning of year		(32,174	)
Pension liability adjustment		407

Balance at end of period		(31,767	)

Own credit adjustments
Balance at beginning of year		107,861
Own credit adjustments		(28,612	)

Balance at end of period		79,249

Balance at end of period		418,102

Common stock held in treasury
Balance at beginning of year		(118,574	)
Repurchases of common stock		(2	)
Sale of common stock		0
Common stock issued to employees		22,804
Cancellation of treasury stock		36,105

Balance at end of period		(59,667	)

Total NHI shareholders’ equity

Balance at end of period		3,265,436

Noncontrolling interests
Balance at beginning of year		75,575
Net change during the period		4,828

Balance at end of period		80,403

Total equity

Balance at end of period		3,345,839


	Millions of yen						% Change
	For the three months ended						(B-A)/(A)
	June 30, 2022 (A)			June 30, 2023 (B)			(B-A)/(A)
Net revenue

Business segment information:
Retail		71,386			92,050			28.9
Investment Management		7,579			26,525			250.0
Wholesale		198,987			190,850			(4.1	)

Subtotal		277,952			309,425			11.3
Other		23,925			43,755			82.9

Net revenue		301,877			353,180			17.0

Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes		(2,849	)		(4,267	)		—

Net revenue		299,028			348,913			16.7


Non-interest expenses

Business segment information:
Retail		66,470			69,103			4.0
Investment Management		19,293			22,898			18.7
Wholesale		173,715			188,749			8.7

Subtotal		259,478			280,750			8.2
Other		27,817			21,853			(21.4	)

Non-interest expenses		287,295			302,603			5.3

Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes		—			—			—

Non-interest expenses		287,295			302,603			5.3


	Millions of yen													% Change			Millions of yen
	For the three months ended																For the year ended March 31, 2023
	June 30, 2022			September 30, 2022			December 31, 2022			March 31, 2023(A)		June 30, 2023(B)		(B-A)/(A)			For the year ended March 31, 2023
Revenue:
Commissions		70,431			68,152			77,502			63,772		82,770		29.8			279,857
Fees from investment banking		27,285			24,189			33,783			27,951		31,146		11.4			113,208
Asset management and portfolio service fees		68,250			69,038			67,035			67,361		71,807		6.6			271,684
Net gain on trading		141,918			160,905			142,132			118,314		115,563		(2.3	)		563,269
Gain (loss) on private equity and debt investments		(4,535	)		5,738			8,050			5,251		6,887		31.2			14,504
Interest and dividends		109,049			196,893			373,283			435,465		549,651		26.2			1,114,690
Gain (loss) on investments in equity securities		(1,742	)		(1,523	)		644			1,195		4,777		299.7			(1,426	)
Other		(688	)		10,460			69,812			51,356		30,752		(40.1	)		130,940

Total revenue		409,968			533,852			772,241			770,665		893,353		15.9			2,486,726
Interest expense		110,940			215,894			378,583			445,732		544,440		22.1			1,151,149

Net revenue		299,028			317,958			393,658			324,933		348,913		7.4			1,335,577

Non-interest expenses:
Compensation and benefits		143,061			150,894			156,275			155,557		158,673		2.0			605,787
Commissions and floor brokerage		28,488			28,183			32,275			30,291		31,365		3.5			119,237
Information processing and communications		49,732			52,127			54,004			53,674		52,836		(1.6	)		209,537
Occupancy and related depreciation		16,359			16,643			17,180			16,675		16,601		(0.4	)		66,857
Business development expenses		4,699			5,353			6,311			6,273		6,144		(2.1	)		22,636
Other		44,956			33,274			44,047			39,772		36,984		(7.0	)		162,049

Total non-interest expenses		287,295			286,474			310,092			302,242		302,603		0.1			1,186,103

Income before income taxes		11,733			31,484			83,566			22,691		46,310		104.1			149,474
Income tax expense		11,340			14,741			17,629			14,088		20,428		45.0			57,798

Net income		393			16,743			65,937			8,603		25,882		200.8			91,676

Less: Net income (loss) attributable to noncontrolling interests		(1,303	)		(28	)		(1,007	)		1,228		2,551		107.7			(1,110	)

Net income attributable to NHI shareholders		1,696			16,771			66,944			7,375		23,331		216.4			92,786


	Yen													% Change			Yen


	Millions of yen															% Change			Millions of yen
	For the three months ended																		For the year ended
	June 30, 2022			September 30, 2022			December 31, 2022			March 31, 2023(A)			June 30, 2023(B)			(B-A)/(A)			March 31, 2023
Net revenue

Business segment information:
Retail		71,386			72,480			81,019			75,306			92,050			22.2			300,191
Investment Management		7,579			26,171			56,965			37,844			26,525			(29.9	)		128,559
Wholesale		198,987			205,499			189,057			178,837			190,850			6.7			772,380

Subtotal		277,952			304,150			327,041			291,987			309,425			6.0			1,201,130
Other		23,925			15,623			87,310			37,860			43,755			15.6			164,718

Net revenue		301,877			319,773			414,351			329,847			353,180			7.1			1,365,848

Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes		(2,849	)		(1,815	)		(20,693	)		(4,914	)		(4,267	)		—			(30,271	)

Net revenue		299,028			317,958			393,658			324,933			348,913			7.4			1,335,577


Non-interest expenses

Business segment information:
Retail		66,470			66,995			67,756			65,474			69,103			5.5			266,695
Investment Management		19,293			20,618			23,663			21,490			22,898			6.6			85,064
Wholesale		173,715			185,310			190,911			193,075			188,749			(2.2	)		743,011

Subtotal		259,478			272,923			282,330			280,039			280,750			0.3			1,094,770
Other		27,817			13,551			27,762			22,203			21,853			(1.6	)		91,333

Non-interest expenses		287,295			286,474			310,092			302,242			302,603			0.1			1,186,103

Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes		—			—			—			—			—			—			—

Non-interest expenses		287,295			286,474			310,092			302,242			302,603			0.1			1,186,103


	Millions of yen															% Change			Millions of yen
	For the three months ended																		For the year ended March 31, 2023
	June 30, 2022			September 30, 2022			December 31, 2022			March 31, 2023(A)			June 30, 2023(B)			(B-A)/(A)			For the year ended March 31, 2023
Net gain (loss) related to economic hedging transactions		(9,807	)		98			(1,455	)		6,318			3,394			(46.3	)		(4,846	)
Realized gain (loss) on investments in equity securities held for operating purposes		240			55			21,895			6,195			8,191			32.2			28,385
Equity in earnings of affiliates		16,993			9,114			8,893			12,744			13,718			7.6			47,744
Corporate items		(5,988	)		4,513			(3,323	)		(7,792	)		1,942			—			(12,590	)
Other		(5,330	)		(11,708	)		33,538			(1,808	)		(5,343	)		—			14,692

Total		(3,892	)		2,072			59,548			15,657			21,902			39.9			73,385