0001193125-22-214115.txt : 20220808 0001193125-22-214115.hdr.sgml : 20220808 20220808063003 ACCESSION NUMBER: 0001193125-22-214115 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 34 CONFORMED PERIOD OF REPORT: 20220808 FILED AS OF DATE: 20220808 DATE AS OF CHANGE: 20220808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOMURA HOLDINGS INC CENTRAL INDEX KEY: 0001163653 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 000000000 STATE OF INCORPORATION: M0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15270 FILM NUMBER: 221142453 BUSINESS ADDRESS: STREET 1: 1-13-1 NIHONBASHI STREET 2: CHUO-KU CITY: TOKYO STATE: M0 ZIP: 103-8645 BUSINESS PHONE: 81-3-5255-1000 MAIL ADDRESS: STREET 1: 1-13-1 NIHONBASHI STREET 2: CHUO-KU CITY: TOKYO STATE: M0 ZIP: 103-8645 6-K 1 d350319d6k.htm FORM 6-K FORM 6-K

FORM 6-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Commission File Number: 1-15270

For the month of August 2022

NOMURA HOLDINGS, INC.

(Translation of registrant’s name into English)

13-1, Nihonbashi 1-chome

Chuo-ku, Tokyo 103-8645

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Information furnished on this form:

EXHIBIT

Exhibit Number

1.	Consolidated Results of Operations (US GAAP), First quarter, year ending March 2023

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	NOMURA HOLDINGS, INC.

Date: August 8, 2022	By:	/s/ Yoshifumi Kishida
		Yoshifumi Kishida
		Senior Managing Director

LOGO

Consolidated Results of Operations First quarter, year ending March 2023 (US GAAP) Nomura Holdings, Inc. August 2022 Nomura

Outline Presentation Financial Supplementl Executive summary (p. 2)l Consolidated balance sheet (p. 16) l Overview of results (p. 3)l Value at risk (p. 17)l Business segment results (p. 4)l Consolidated financial highlights (p. 18)l Retail (p. 5-7)l Consolidated income (p. 19)l Investment Management (p. 8-9)l Main revenue items (p. 20) l Wholesale (p. 10-12)l Consolidated results: Income (loss) before income taxes by segment and region (p. 21)l Non-interest expenses (p. 13)l Robust financial position (p. 14)l Segment “Other” (p. 22)l Retail related data (p. 23-26) l Investment Management related data (p. 27-28)l Wholesale related data (p. 29)l Number of employees (p. 30)

Executive summary Income (loss) before income taxes, FY2022/23 1Q highlights net income (loss)1 Firmwide (billions of yen) Income before income taxes: Y11.7bn (-76% QoQ); Net income1: Y1.7bn (-95% QoQ); Income (loss) before EPS2: Y0.52; ROE3: 0.2% income taxes 80.1 Net income (loss) 78.5 Three segment income before income taxes of Y18.5bn (-45% QoQ) 60.3 49.5 48.5 Bear market and interest rate increases impacted investment gain/loss in Investment 31.0 Management 18.5 11.7 In Wholesale, Equities and Investment Banking performance was impacted by a decline in transaction volume, postponement of deals and the absence of one-off factors4 present last 3.2 1.7 FY2021/22 FY22/23 quarter 1Q 2Q 3Q 4Q 1Q Three segment underlying revenues remain resilient Retail: Net inflows into recurring revenue assets driven by discretionary investments, level fee Three segment income (loss) before income taxes Wholesale assets and loans; Recurring revenue increased slightly QoQ despite market headwinds Investment Management 79.2 Retail Investment Management: Ongoing inflows primarily into investment trust business kept 57.0 management fees at roughly same level as last quarter; Alternative AuM topped Y1trn 35.6 33.5 Wholesale: Fixed Income had a good quarter driven by Macro Products amid a spike in 18.5 interest rate and FX volatility; In Investment Banking, Advisory revenues increased YoY Loss before income taxes outside three segments of Y6.7bn FY2021/22 FY22/23 Bear market and interest rate hikes led to worsening of unrealized loss on securities held for operating purposes (-Y2.8bn) and losses related to economic hedging transactions (-Y9.8bn) 1Q 2Q 3Q 4Q 1Q 1. Net income (loss) attributable to Nomura Holdings shareholders. 2. Diluted net income (loss) attributable to Nomura Holdings shareholders per share. 3. Calculated using annualized net income attributable to Nomura Holdings shareholders for each period. 2 4. As the recoverable amount for part of the claim related to the loss arising from transactions with a US client can now be reasonably estimated, gains of Y11.5bn (Y9.5bn trading revenue, Y2bn loan-loss provision reversal) were booked in FY2021/22 4Q.

Overview of results Highlights (billions of yen, excluding EPS and ROE) FY2021/22 FY22/23 1Q 2Q 3Q 4Q 1Q QoQ YoY Net revenue 353.3 318.9 351.0 340.8 299.0 -12% -15% Non-interest expenses 274.7 300.4 270.9 291.3 287.3 -1% 5% Income (loss) before income 78.5 18.5 80.1 49.5 11.7 -76% -85% taxes Net income (loss)1 48.5 3.2 60.3 31.0 1.7 -95% -97% EPS2 Y15.59 Y1.01 Y19.07 Y9.89 Y0.52 -95% -97% ROE3 7.1% 0.5% 8.7% 4.3% 0.2% 1. Net income (loss) attributable to Nomura Holdings shareholders. 2. Diluted net income (loss) attributable to Nomura Holdings shareholders per share. 3 3. Calculated using annualized net income attributable to Nomura Holdings shareholders for each period.

Business segment results Net revenue and income (loss) before income taxes1 (billions of yen) FY2021/22 FY22/23 1Q 2Q 3Q 4Q 1Q QoQ YoY Net revenue Retail 85.0 85.2 87.4 70.5 71.4 1% -16% Investment Management 63.5 34.3 40.1 10.1 7.6 -25% -88% Wholesale 132.8 172.7 202.7 194.9 199.0 2% 50% Subtotal 281.2 292.2 330.2 275.4 278.0 1% -1% Other* 68.7 24.8 21.6 64.2 23.9 -63% -65% Unrealized gain (loss) on investments in 3.4 1.9 -0.8 1.2 -2.8 —equity securities held for operating purpose Net revenue 353.3 318.9 351.0 340.8 299.0 -12% -15% Retail 19.0 17.0 18.0 5.2 4.9 -5% -74% Income (loss) Investment Management 44.9 15.0 20.4 -8.8 -11.7 —before income taxes Wholesale -28.4 25.0 40.8 37.0 25.3 -32% -Subtotal 35.6 57.0 79.2 33.5 18.5 -45% -48% Other* 39.6 -40.4 1.7 14.9 -3.9 —Unrealized gain (loss) on investments in 3.4 1.9 -0.8 1.2 -2.8 —equity securities held for operating purpose Income (loss) before income taxes 78.5 18.5 80.1 49.5 11.7 -76% -85% *Additional information on _Other_ (FY2022/23 1Q) Loss related to economic hedging (Y9.8bn) Gain on changes to own and counterparty credit spread relating to Derivatives (Y2.9bn) 4

Retail Net revenue, income before income taxes (billions of yen) F2021/22 FY22/23 QoQ YoY 1Q 2Q 3Q 4Q 1Q Net revenue 85.0 85.2 87.4 70.5 71.4 1% -16% Non-interest expenses 66.0 68.2 69.3 65.3 66.5 2% 1% Income before income 19.0 17.0 18.0 5.2 4.9 -5% -74% taxes Breakdown of net revenue (billions of yen) 100.0 80.0 60.0 Flow revenue, etc. 40.0 20.0 Recurring revenue 0.0 FY2021/22 FY22/23 QoQ YoY 1Q 2Q 3Q 4Q 1Q Recurring revenue1 30.8 33.5 34.5 31.9 32.3 1% 5% Flow revenue, etc.2 54.2 51.7 52.9 38.5 39.1 1% -28% Net revenue 85.0 85.2 87.4 70.5 71.4 1% -16% Key points Net revenue: Y71.4bn (+1% QoQ; -16% YoY) Income before income taxes: Y4.9bn (-5% QoQ; -74% YoY) Flow revenue, etc. was slow as clients remained on the sidelines due to market uncertainty, but recurring revenue was resilient driven by our efforts to expand assets Strengthened segment approach and provided consulting services tailored to client needs; making good progress towards FY2024/25 KPIs Recurring revenue Net inflows of recurring revenue assets driven by discretionary investments, level fee assets and loans; Recurring revenue increased slightly QoQ despite market headwinds Level fee assets exceeded Y200bn at end of June following full launch in April Flow revenue, etc. Sales of secondary stocks remained slow, but started to recover into June Sales of investment trusts and insurance products increased QoQ Growth of client assets FY2021/22 FY2022/23 4Q 1Q Investment trust net inflows3 -Y17.8bn +Y33.1bn Discretionary investment net inflows3 +Y61.8bn +Y95.6bn Net inflows of cash and securities4 +Y640.7bn +Y500.3bn Recurring revenue cost coverage ratio5 49% 49% 1. Revenue from client assets and ongoing revenue (investment trusts, discretionary investments, insurance, loans, level fee assets, etc.). Figures from before FY2022/23 1Q have been reclassified following a revision to the scope of recurring revenue in April 2022. 2. Revenue from transactions (brokerage revenue, consulting-related revenue), interest income, etc. other than from loans. 3. Retail channels and Japan Wealth Management Group. 5 4. Cash and securities inflows minus outflows, excluding regional financial institutions. 5. Recurring revenue divided by non-interest expenses.

Total sales1 Retail: Slower sales of Japanese stocks, but fund inflows into global stock investment trusts 6,000.0 Discretionary investments, 5,000.0 Insurance products Investment trusts 4,000.0 3,000.0 Bonds 2,000.0 Stocks 1,000.0 0.0 (billions of yen) FY2021/22 FY22/23 1Q 2Q 3Q 4Q 1Q Stocks 2,551.2 2,610.7 2,720.1 2,415.3 2,047.9 Bonds 1,900.7 1,695.8 1,991.1 1,971.9 1,987.4 Investment trusts 589.3 497.0 549.3 331.1 411.1 Discretionary investments 162.6 171.2 239.0 132.9 170.6 Insurance 58.3 68.8 71.4 40.9 61.5 Total sales1 5,262.1 5,043.6 5,570.9 4,892.1 4,678.5 Total sales1 decreased 4% QoQ Stocks: -15% QoQ Secondary sales of Japan stocks slowed, but picked up in June Decline in primary subscriptions2 (Y14.6bn; -41% QoQ) Investment trusts: +24% QoQ Inflows into US and global stock funds as well as Japan_s first publicly offered investment trust that invests in unlisted US REITs Bonds: +1% QoQ Although primary issuances slowed, overall bond sales volume remained roughly unchanged due to stronger sales of secondary foreign bonds Discretionary investments: +28% QoQ Increase in SMA and Fund Wrap contracts Insurance: +51% QoQ Improvement to anticipated rate of return due to US rate hikes contributed to rise in sales of insurance products Top selling investment trusts (Apr. Jun. 2022) 1 AllianceBernstein US Growth Equity Fund 2 Fidelity World Value Growth Equity Fund 3 Blackstone US Real Estate Income Fund USD-denominated 4 Pictet Global Income Equity Fund 5 T. Rowe Price World Best Selection Growth Equity Fund 1. In FY2022/23 1Q, the scope of total sales was revised from Retail channels only to include Retail channels, Japan Wealth Management Group, Net & Call and intermediary. As a result, figures from before FY2022/23 1Q have 6 been reclassified. 2. Retail channels, Japan Wealth Management Group, Net & Call, Hotto Direct.

Retail: KPI summary Net inflows of recurring revenue assets1 Recurring revenue assets and recurring revenue2 (billions of yen) (trillions of yen) (billions of yen) 250.0 208.4 211.4 Recurring revenue assets Recurring revenue (rhs) 200.0 159.2 40.0 20.3 132.8 19.5 19.6 150.0 20.0 19.1 18.5 100.0 33.5 34.5 35.0 30.8 31.9 32.3 50.0 30.0 0.0 15.0 -50.0 25.0 -100.0 -150.0 -101.8 10.0 20.0 FY2021/22 FY22/23 FY2021/22 FY22/23 1Q 2Q 3Q 4Q 1Q Jun/1Q Sep/2Q Dec/3Q Mar/4Q Jun/1Q Flow business clients Services for salaried employees (thousands) Continued to approach wide range of clients, although pace slowed (thousands) Steady growth via increase in ESOP contracts compared to same quarter last year when market was rallying 3,500 1,505 3,415 1,600 1,356 3,400 3,326 3,357 1,400 3,308 1,140 3,277 3,300 1,200 1,000 850 3,200 800 600 809 FY2021/22 FY2022/23 3,100 400 3,000 FY2021/22 FY22/23 Jun Sep Dec Mar Jun Sep Dec Mar Jun 1. Total excludes investment trust distributions, and investment trust net inflows in level fee accounts. 7 2. Figures from before FY2022/23 1Q have been reclassified following a revision to the scope of recurring revenue in April 2022.

Investment Management Net revenue, income (loss) before income taxes Key points (billions of yen) Net revenue: Y7.6bn (-25% QoQ; -88% YoY) FY2021/22 FY22/23 QoQ YoY Loss before income taxes: Y11.7bn 1Q 2Q 3Q 4Q 1Q Business revenue roughly unchanged QoQ, but overall divisional Net revenue 63.5 34.3 40.1 10.1 7.6 -25% -88% performance dragged down by worse performance in investment gain/loss Non-interest expenses 18.6 19.3 19.8 18.9 19.3 2% 4% due to deteriorating market conditions Income (loss) before 44.9 15.0 20.4 -8.8 -11.7 —income taxes Business revenue Breakdown of net revenue Net revenue: Y30.7bn (-2% QoQ; +9% YoY) (billions of yen) 80 Solid performance in asset management business with ongoing inflows 63.5 into investment trust business and management fees roughly 60 40.1 unchanged QoQ 40 34.3 Investment Success fees slowed QoQ due to seasonal factors gain/loss 20 10.1 Business 0 7.6 revenue Investment gain/loss -20 Net revenue: -Y23.1bn Booked American Century Investments related loss (4Q -Y18.8bn; 1Q: -40 FY2021/22 FY22/23 -Y18.5bn), and unrealized loss on Nomura Capital Partners investee QoQ YoY 1Q 2Q 3Q 4Q 1Q 1 companies (4Q -Y4.0bn; 1Q -Y4.7bn) Business revenue 28.0 29.3 31.5 31.1 30.7 -2% 9% Investment gain/loss2 35.5 5.1 8.6 -21.1 -23.1 —Net revenue 63.5 34.3 40.1 10.1 7.6 -25% -88% 1. Includes revenues from asset management business (excl. ACI-related gain/loss), Nomura Babcock & Brown aircraft leasing-related revenues and general partner management fees gained from private equity and other investment businesses, but excludes investment gains/losses 8 2. Comprised of returns from investments (changes in fair valuation, funding costs, management fees, dividends, etc.) including ACI-related gain/loss, limited partner investment stakes and general partner investment stakes in private equity and other investment businesses, and Mebuki Financial Group investment gain/loss.

Investment Management: Inflows into investment trust business via diverse channels Assets under management (net)1 (trillions of yen) AuM declined due to market factors, etc. but remained at high level Investment advisory and international businesses, etc. Investment trust business Investment trust business 80.0 68.5 65.8 67.8 67.9 65.6 Increase in ETF purchases by wide range of clients (Jun AuM: Y26.5trn; Market share4: 44%) 60.0 19.1 19.6 19.3 18.1 18.1 Inflows via bank channel for fifth straight quarter (Jun AuM: Y2.2trn) 40.0 Ongoing inflows into defined contribution funds (Jun AuM: Y1.8trn; AuM market share5: 20.4%) 47.6 48.7 48.8 48.6 47.5 20.0 Investment advisory and international businesses, etc. 0.0 Japan reported outflows from Japan equity funds FY2021/22 FY22/23 International business booked inflows into high yield, but outflows from Jun Sep Dec Mar Jun Japan equity and bond funds Net inflows2,3 Steady growth in alternative AuM3,6 (billions of yen) (billions of yen) Investment advisory and international businesses, etc. 1,500 Investment trust business 1,500 1,039 1,103 1,000 474 772 360 1,000 843 500 772 128 110 641 698 346 372 193 478 267 250 0 -180 500 -450 -500 -928 -1,000 0 FY2021/22 FY22/23 FY2021/22 FY22/23 1Q 2Q 3Q 4Q 1Q Jun Sep Dec Mar Jun 1. Net after deducting duplications from assets under management (gross) of Nomura Asset Management, Nomura Corporate Research and Asset Management, and Wealth Square, as well as third party investment by Nomura SPARX Investment, Nomura Mezzanine Partners, Nomura Capital Partners, and Nomura Research & Advisory 2. Based on assets under management (net). 3. Historical figures have been reclassified following a review in FY2022/23 1Q to the method for measuring assets under management and the flow of funds. 4. Source: The Investment Trusts Association, Japan5. Nomura, based on published data 9 6. Total of Nomura Asset Management alternative AuM and third party investments related to Nomura SPARX Investment, Nomura Mezzanine Partners, Nomura Capital Partners, and Nomura Research & Advisory

Wholesale Net revenue and income (loss) before income taxes2 (billions of yen) FY2021/22 FY22/23 QoQ YoY 1Q 2Q 3Q 4Q 1Q Net revenue 132.8 172.7 202.7 194.9 199.0 2% 50% Non-interest expenses 161.1 147.7 161.9 157.9 173.7 10% 8% Income (loss) before -28.4 25.0 40.8 37.0 25.3 -32% -income taxes CIR 121% 86% 80% 81% 87% Revenue/modified RWA1 4.9% 7.1% 8.2% 7.9% 7.3% Net revenue by business line Key points Net revenue: Y199.0bn (+2% QoQ; +50% YoY) Income before income taxes: Y25.3bn (-32% QoQ) Net revenue increased QoQ driven by higher Fixed Income revenues and yen depreciation In Global Markets, Fixed Income delivered robust performance driven by Macro Products, while Equities booked a decline in revenues on a dip in trading volumes as market participants took a wait-and-see approach Investment Banking saw a slowdown in global transactions and sluggish performance in financing, while Advisory remained relatively resilient despite weakening from the strong previous two quarters Expenses increased QoQ due to yen depreciation and higher business development expenses Net revenue by region (billions of yen) (billions of yen) 200.0 200.0 Investment Banking 84.9 74.1 71.8 Americas 100.0 150.0 18.0 68.6 Global Markets 36.1 EMEA 100.0 37.8 29.2 37.0 22.6 0.0 40.2 AEJ FY2021/22 FY22/23 27.6 31.4 41.8 32.8 50.0 QoQ YoY 1Q 2Q 3Q 4Q 1Q 49.4 50.0 46.8 50.9 51.0 Japan Global Markets 97.2 137.2 163.8 158.2 175.3 11% 80% 0.0 Investment Banking 35.5 35.4 38.9 36.7 23.7 -35% -33% FY2021/22 FY22/23 Net revenue 132.8 172.7 202.7 194.9 199.0 2% 50% 1Q 2Q 3Q 4Q 1Q 1. Wholesale net revenue (annualized) divided by modified risk-weighted assets (daily average for the accounting period) used by Wholesale. Modified risk-weighted assets (daily average for the accounting period) is a non-GAAP financial measure and is the total of (i) risk-weighted assets (as calculated and presented under Basel III) and (ii) an adjustment equal to the regulatory adjustment to common equity tier 1 capital calculated and presented under Basel III divided by our internal minimum capital ratio target. 2. Booked loss arising from transactions with a US client of Y65.4bn (Y56.1bn trading loss, Y9.3bn loan-loss provision) in FY2021/22 1Q. In addition, as the recoverable amount for part of the claim related to the loss can now be reasonably 10 estimated, gains of Y3.2bn (Y2.6bn trading revenue, Y500m loan-loss provision reversal) and Y11.5bn (Y9.5bn trading revenue, Y2bn loan-loss provision reversal) were booked in FY2021/22 3Q and FY2021/22 4Q, respectively.

Wholesale: Global Markets Net revenue (billions of yen) 200.0 163.8 150.0 137.2 100.0 97.2 50.0 0.0 -50.0 QoQ +11% YoY +80% 175.3 158.2 FI: OthersFI: Macro Products2 FI: Spread Products3 EQ: Others4 EQ: Equity Products5 EQ: Execution Services6 -100.0 FY2021/22 FY22/23 QoQ YoY 1Q 2Q 3Q 4Q 1Q Fixed Income 88.1 70.7 88.0 80.1 112.6 41% 28% Equities 9.1 66.5 75.8 78.1 62.6 -20% 6.9x Key points Net revenue: Y175.3bn (+11% QoQ; +80% YoY) Fixed Income reported strong results in Macro Products facilitating client flows amid spike in volatility across rates and FX, offsetting a slowdown in Equities due to muted client activity as a result of market uncertainty Fixed Income Net revenue: Y112.6bn (+41% QoQ; +28% YoY) Macro Products: Rates revenues increased QoQ as volatility drove an uptick in client activity; FX/EM delivered solid results with revenues remaining strong driven by AEJ Spread Products: Securitized Products revenues slowed on weaker secondary trading and despite robust financing business; Credit revenues increased significantly from increased client activity in Japan as well as AEJ Equities Net revenue: Y62.6bn (-20% QoQ; 6.9x YoY) Equity Products: Americas revenues grew QoQ on contributions from derivatives; Japan and AEJ revenues slowed on subdued client activity Execution Services: Americas revenues increased, while other regions declined amid lower market volumes, resulting in an overall slight decline QoQ 1. International Wealth Management, businesses run together with Investment Banking, and other revenue not attributed to a particular desk. 2. Rates, FX/EM. 3. Credit, Securitized Products.4. Businesses run together with Investment Banking, includes loss related to transactions with a US client (booked trading loss of Y56.1bn in FY2021/22 1Q arising from transactions with a US client; in addition, as the recoverable amount for part of the claim related to the loss can now be reasonably estimated, trading revenue of Y2.6bn and Y9.5bn was booked in FY2021/22 3Q and FY2021/22 4Q, respectively); other revenue not attributed to a particular desk. 5. Cash and derivatives trading and Prime Services. 6. Equities execution business. 11

Wholesale: Investment Banking Net revenue (billions of yen) QoQ -35% 38.9 YoY -33% 35.5 35.4 36.7 23.7 Finance, Solutions, etc. Advisory FY2021/22 FY22/23 1Q 2Q 3Q 4Q 1Q Key points Net revenue: Y23.7bn (-35% QoQ; -33% YoY) Revenues declined QoQ mainly due to ECM and ALF as global transactions declined Advisory revenues declined from strong past two quarters, but increased YoY Advisory —Americas revenues remained roughly unchanged QoQ and globally we executed multiple cross-border and sustainability transactions —Growth in Equity Advisory related to fundraising Finance, Solutions, etc.? —ECM: Slower IPOs and follow-on offerings due to worse market conditions —DCM: Number and volume of issuances slowed, but we supported multiple sustainability-related bond issuances —Executed various solution deals in equities, rates, FX, etc. amid changing market conditions 1. ECM, DCM, ALF, businesses run together with Global Markets, other revenue not attributed to a particular product. 2. Announced in February 2022. Sustainability-related Supported diverse client needs amid uncertain environment Mandated on multiple sustainability-related and high-profile sell-side deals Raising stakes in NTT Private placement by Minority investment by RGreen Data and merge Group14 Technologies Invest (France) in a subsidiary international business (US) of NW Groupe (France) within NTT Group (300m) ($400m) Advisory (Y355.3bn) Kintetsu Group Sales of Owndays (Japan) BC Partners_ (England) Holding_s acquisition of to Lenskart Solutions acquisition of Havea remaining stake in (India) by L Catterton Group (France) Kintetsu World Express Asia (Singapore) (1.1bn) (Y212.8bn) (undisclosed) Global support for client fundraising needs Caisse d_Amortissement Kyobo Life Insurance Japan Exchange Group de la Dette Sociale (Korea) Digitally Tracked Green (France) Sustainability Bonds Social Bonds Subordinated Bonds (Y500m) ($3.5bn) ($500m) Finance, Life Insurance JFE Holdings Hayward Industries (US) Solutions Corporation of India Transition Bonds PO (India) (Y30bn) ($397m) IPO (INR210bn) Leveraged buyout Cross Marketing Group2 IFM Investors (Australia) financing for the Kintetsu Department Store Equity derivative acquisition of Sajjian India Yossix Holdings transaction related to by CVC Asia Pacific (HK) Impact Neutralization Trust stake-building of ($330m) Services Australian listed company 12

Non-interest expenses Full year Quarter Key points (billions of yen) Non-interest expenses: Y287.3bn (billions of yen) (-1% QoQ) 400 1,500 Other Compensation and benefits (+14% QoQ) 1,171.2 300.4 Significant impact by yen depreciation, 1,137.3 291.3 Business development 274.7 287.3 300 270.9 higher wages in Japan due to graduate expenses 1,000 hires Occupancy and related depreciation Occupancy and related depreciation 200 Information processing (-7% QoQ) and communications Costs booked last quarter related to 500 branch office refurbishments and Commissions and floor brokerage 100 surrendering floor space in international office not present this quarter Compensation and benefits Other expenses1(-34% QoQ) 0 0 FY2021/22 FY2022/23 Absence of legal expenses booked last FY2020/21 FY2021/22 QoQ 1Q 2Q 3Q 4Q 1Q quarter (Y23bn)2 Compensation and benefits 507.9 529.5 135.6 129.2 139.0 125.6 143.1 13.9% Commissions and floor brokerage 111.6 105.2 26.8 27.4 24.1 26.9 28.5 6.1% Information processing and communications 178.8 184.3 44.1 45.1 46.6 48.5 49.7 2.6% Occupancy and related depreciation 72.4 69.7 16.7 17.8 17.5 17.7 16.4 -7.4% Business development expenses 13.5 15.6 3.3 3.9 4.4 4.0 4.7 16.2% Other 287.0 232.9 48.2 76.9 39.2 68.6 45.0 -34.4% Total 1,171.2 1,137.3 274.7 300.4 270.9 291.3 287.3 -1.4% 1. Booked loan-loss provisions arising from transactions with a US client of Y9.3bn in FY2021/22 1Q. In addition, as the recoverable amount for part of the claim related to the loss can now be reasonably estimated, gains of Y500m and Y2bn were booked as loan-loss provision reversal in FY2021/22 3Q and FY2021/22 4Q, respectively. 13 2. Booked additional expenses of Y23bn related to legacy transactions in the Americas from before the global financial crisis (2007 2008), in FY2021/22 4Q.

Robust financial position Balance sheet related indicators and capital ratios Mar 2022 Jun 2022 Total assets Y43.4trn Y48.9trn Shareholders_ equity Y2.9trn Y3.1trn Gross leverage 14.9x 16.0x Net leverage1 9.1x 9.7x Level 3 assets2 Y0.8trn Y0.9trn (net) Liquidity portfolio Y7.1trn Y7.1trn (billions of yen) Mar Jun Basel 3 basis 2022 20222 Tier 1 capital 3,103 3,197 Tier 2 capital 0.4 0.4 Total capital 3,103 3,197 RWA 15,830 16,839 Tier 1 capital ratio 19.6% 18.9% CET 1 capital ratio3 17.2% 16.7% Consolidated capital adequacy ratio 19.6% 18.9% Consolidated leverage ratio4 5.98% 5.54% HQLA5 Y6.0trn Y5.6trn LCR5 241.7% 189.4% TLAC ratio (RWA basis) 30.7% 30.5% TLAC ratio (Total exposure basis) 10.30% 9.81% RWA and CET 1 capital ratio3 (trillions of yen) RWA (Basel 3) (lhs) CET 1 capital ratio (Basel 3) (rhs) 20.0 17.7% 17.7% 18.1% 17.2% 20.0% 16.7% 15.0 15.0% 10.0 16.84 10.0% 14.71 14.70 14.77 15.83 5.0 5.0% 0.0 FY2021/22 FY2022/23 0.0% Jun Sep Dec Mar Jun Changes in RWA2 (trillions of yen) 20.00 +0.94 16.84 15.83 +0.07 15.00 2.63 Operational risk 2.63 Credit risk Market risk 4.90 5.84 Market risk 10.00 5.00 8.30 8.37 Credit risk 0.00 Mar 2022 Jun 2022 1. Net leverage: Total assets minus securities purchased under agreements to resell and securities borrowed, divided by Nomura Holdings shareholders_ equity. 2. June 2022 is preliminary. 3. CET 1 capital ratio is defined as Tier 1 capital minus Additional Tier 1 capital divided by risk-weighted assets. 14 4. Tier 1 capital divided by exposure (sum of on-balance sheet exposures and off-balance sheet items). 5. Daily average for each quarter.

Financial Supplement

Consolidated balance sheet Consolidated balance sheet (billions of yen) Mar 31, Jun 30, Increase Mar 31, Jun 30, Increase 2022 2022 (Decrease) 2022 2022 (Decrease) Assets Liabilities Total cash and cash deposits 4,064 4,193 130 Short-term borrowings 1,050 1,338 288 Total payables and deposits 4,920 5,509 589 Total loans and receivables 5,001 5,696 695 Total collateralized financing 14,538 16,962 2,424 Trading liabilities 9,652 11,471 1,818 Total collateralized agreements 16,876 19,197 2,321 Other liabilities 1,020 943 -77 Long-term borrowings 9,258 9,566 307 Total trading assets and private 1 15,296 17,619 2,323 Total liabilities 40,439 45,788 5,349 equity and debt investments Total other assets1 2,175 2,197 22 Equity Total NHI shareholders’ equity 2,915 3,055 141 Noncontrolling interest 58 60 1 Total assets 43,412 48,903 5,491 Total liabilities and equity 43,412 48,903 5,491 1. Including securities pledged as collateral. 16

Value at risk1 Definition From April 1, 2022, to June 30, 2022 (billions of yen) 95% confidence level Maximum: 5.4 1-day time horizon for outstanding portfolio Minimum: 2.7 Inter-product price fluctuations considered Average: 3.6 (billions of yen) FY2020/21 FY2021/22 FY2021/22 FY2022/23 Mar Mar Jun Sep Dec Mar Jun Equity 22.8 1.4 2.4 2.8 2.1 1.4 1.7 Interest rate 3.3 2.3 2.2 2.1 2.3 2.3 4.8 Foreign exchange 3.6 0.9 1.2 0.8 1.6 0.9 1.8 Sub-total 29.7 4.6 5.9 5.6 6.0 4.6 8.4 Diversification benefit -6.2 -1.9 -1.9 -1.8 -1.9 -1.9 -3.4 VaR 23.5 2.7 4.0 3.8 4.1 2.7 5.0 17 1. From FY2021/22 4Q, VaR confidence level changed from 99% to 95%.

Consolidated financial highlights Full year (billions of yen) 200 8% 153.1 Net income (loss) 5.7% 143.0 attributable to 150 6% 5.1% Nomura Holdings, Inc. (“NHI”) shareholders 100 4% ROE (%) 50 2% 0 0% FY2020/21 FY2021/22 Net revenue 1,401.9 1,363.9 Income (loss) before income taxes 230.7 226.6 Net income (loss) attributable to Nomura 153.1 143.0 Holdings, Inc. (“NHI”) shareholders Total NHI shareholders’ equity 2,694.9 2,914.6 ROE (%)1 5.7% 5.1% Basic-Net income (loss) attributable to NHI 50.11 46.68 shareholders per share (yen) Diluted-Net income (loss) attributable to NHI 48.63 45.23 shareholders per share (yen) Total NHI shareholders’ equity per share (yen) 879.79 965.80 Quarter (billions of yen) 200 8% 7.1% 150 5.4% 6% 5.1% 3.8% 100 4% 48.5 60.3 50 2% 31.0 3.2 0.2% 1.7 0 0% FY2021/22 FY2022/23 1Q 2Q 3Q 4Q 1Q 353.3 318.9 351.0 340.8 299.0 78.5 18.5 80.1 49.5 11.7 48.5 3.2 60.3 31.0 1.7 2,739.2 2,734.1 2,807.9 2,914.6 3,055.5 7.1% 3.8% 5.4% 5.1% 0.2% 16.12 1.04 19.66 10.26 0.56 15.59 1.01 19.07 9.89 0.52 885.42 883.46 931.06 965.80 1,017.18 18 1. Quarterly ROE is calculated using annualized year-to-date net income.

Consolidated income Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q Revenue Commissions 376.9 332.3 82.9 91.6 82.6 75.2 70.4 Fees from investment banking 108.7 149.6 35.7 33.9 46.0 34.0 27.3 Asset management and portfolio service fees 230.0 270.0 64.0 67.2 69.9 68.9 68.3 Net gain on trading 310.0 368.8 52.0 91.1 106.8 118.9 141.9 Gain (loss) on private equity and debt investments 12.7 30.8 26.0 0.5 4.6 -0.3 -4.5 Interest and dividends 356.5 284.2 64.5 69.9 82.6 67.1 109.0 Gain (loss) on investments in equity securities 14.1 5.4 3.5 2.1 -2.6 2.5 -1.7 Other 208.3 152.8 76.6 22.9 13.8 39.6 -0.7 Total revenue 1,617.2 1,594.0 405.2 379.2 403.8 405.9 410.0 Interest expense 215.4 230.1 51.9 60.3 52.8 65.1 110.9 Net revenue 1,401.9 1,363.9 353.3 318.9 351.0 340.8 299.0 Non-interest expenses 1,171.2 1,137.3 274.7 300.4 270.9 291.3 287.3 Income (loss) before income taxes 230.7 226.6 78.5 18.5 80.1 49.5 11.7 Net income (loss) attributable to NHI shareholders 153.1 143.0 48.5 3.2 60.3 31.0 1.7 19

Main revenue items Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q Stock brokerage commissions 262.3 236.4 58.2 67.7 57.3 53.1 48.4 Commissions Other brokerage commissions 14.3 18.0 3.7 4.0 4.8 5.5 4.8 Commissions for distribution of investment trusts 68.8 43.7 14.4 11.2 11.6 6.5 7.5 Other 31.6 34.3 6.6 8.8 8.9 10.1 9.7 Total 376.9 332.3 82.9 91.6 82.6 75.2 70.4 Equity underwriting and distribution 30.6 33.1 10.0 10.3 9.8 3.1 3.7 Fees from Bond underwriting and distribution 23.1 29.8 7.3 6.1 10.0 6.3 6.7 investment banking M&A / Financial advisory fees 37.8 64.2 13.1 13.7 17.5 20.0 14.0 Other 17.2 22.4 5.3 3.8 8.7 4.6 2.8 Total 108.7 149.6 35.7 33.9 46.0 34.0 27.3 Asset management fees 150.2 171.1 40.6 42.0 44.0 44.4 43.7 Asset management Administration fees 63.2 79.6 18.9 20.4 20.8 19.5 19.0 and portfolio service fees Custodial fees 16.6 19.4 4.6 4.8 5.0 4.9 5.6 Total 230.0 270.0 64.0 67.2 69.9 68.9 68.3 20

Consolidated results: Income (loss) before income taxes by segment and region Adjustment of consolidated results and segment results: Income (loss) before income taxes Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q Retail 92.3 59.2 19.0 17.0 18.0 5.2 4.9 Management Investment 91.0 71.5 44.9 15.0 20.4 -8.8 -11.7 Wholesale 64.3 74.5 -28.4 25.0 40.8 37.0 25.3 Three business segments total 247.6 205.2 35.6 57.0 79.2 33.5 18.5 Other -28.5 15.8 39.6 -40.4 1.7 14.9 -3.9 Segments total 219.1 221.0 75.2 16.6 80.9 48.4 14.6 Unrealized gain (loss) on investments in equity 11.5 5.6 3.4 1.9 -0.8 1.2 -2.8 securities held for operating purposes Income (loss) before income taxes 230.7 226.6 78.5 18.5 80.1 49.5 11.7 Geographic information: Income (loss) before income taxes1 Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q Americas -77.0 -41.0 -36.6 -17.2 32.2 -19.4 -21.6 Europe 14.3 -21.8 -5.3 -8.9 -3.4 -4.2 -1.9 Asia and Oceania 49.2 28.6 6.6 7.1 11.0 3.9 8.3 Subtotal -13.5 -34.1 -35.3 -19.0 39.8 -19.7 -15.2 Japan 244.1 260.8 113.8 37.5 40.3 69.2 26.9 Income (loss) before income 230.7 226.6 78.5 18.5 80.1 49.5 11.7 1. Geographic information is based on U.S. GAAP. (Figures are preliminary for the three months ended June 30, 2022). Nomura_s revenues and expenses are allocated based on the country of domicile of the legal 21 entity providing the service. This information is not used for business management purposes.

Segment _OtherIncome (loss) before income taxes Full year Quarter (billions of yen) 80 40 39.6 15.8 14.9 1.7 0 -3.9 -40 -28.5 -40.4 -80 FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q Net gain (loss) related to economic -11.5 -9.9 3.4 -3.8 -1.1 -8.4 -9.8 hedging transactions Realized gain (loss) on investments in equity 1.7 1.4 0.2 0.0 0.0 1.1 0.2 securities held for operating purposes Equity in earnings of affiliates -16.4 36.8 9.6 5.6 5.4 16.2 17.0 Corporate items 5.0 -91.1 -9.3 -45.6 -1.8 -34.4 -6.0 Others -7.3 78.6 35.6 3.4 -0.8 40.4 -5.3 Income (loss) before income taxes -28.5 15.8 39.6 -40.4 1.7 14.9 -3.9 22

Retail related data (1) Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q QoQ YoY Commissions 187.7 138.5 38.6 35.6 36.5 27.8 26.0 -6.6% -32.6% Of which, stock brokerage commission 92.6 67.4 17.8 17.6 17.6 14.4 11.8 -18.2% -33.7% Of which, commissions for distribution of investment trusts 68.4 43.5 14.4 11.1 11.6 6.5 7.5 15.9% -47.8% Sales credit 58.4 44.0 11.6 11.9 11.4 9.1 10.4 14.5% -10.0% Fees from investment banking and other 20.4 19.0 4.6 5.6 6.1 2.8 3.5 25.3% -25.0% Investment trust administration fees and other 89.0 109.3 26.2 28.0 28.7 26.4 26.8 1.7% 2.3% Net interest revenue 13.4 17.2 4.0 4.2 4.6 4.4 4.7 6.5% 17.1% Net revenue 368.8 328.0 85.0 85.2 87.4 70.5 71.4 1.3% -16.0% Non-interest expenses 276.5 268.7 66.0 68.2 69.3 65.3 66.5 1.9% 0.8% Income before income taxes 92.3 59.2 19.0 17.0 18.0 5.2 4.9 -5.4% -74.2% Domestic distribution volume of investment trusts1 2,965.5 2,197.0 634.5 532.1 604.6 425.7 506.3 18.9% -20.2% Stock investment trusts 2,647.3 1,931.5 588.1 477.9 530.4 335.1 374.8 11.9% -36.3% Foreign investment trusts 318.2 265.5 46.4 54.2 74.2 90.7 131.5 45.0% 183.1% Other Accumulated value of annuity insurance policies 3,610.2 3,818.9 3,661.3 3,723.3 3,787.3 3,818.9 3,874.7 1.5% 5.8% Sales of JGBs for individual investors (transaction base) 486.6 618.6 159.7 101.1 180.0 177.8 167.7 -5.7% 5.0% Retail foreign currency bond sales2 728.3 643.0 170.2 167.9 204.3 100.6 160.8 59.8% -5.5% 1. Including former Net & Call. 23 2. Figures for FY2021/22 4Q and full year have been amended.

Retail related data (2) Retail client assets (trillions of yen) 140 127.0 128.7 122.1 Other 126.6 125.0 119.4 122.1 Foreign investment 120 trusts 100 Bond investment trusts 80 Stock investment trusts 60 Domestic bonds 40 Foreign currency 20 bonds Equities 0 FY2020/21 FY2021/22 FY2021/22 FY2022/23 Mar Mar Jun Sep Dec Mar Jun Equities 82.3 77.5 82.6 84.1 79.7 77.5 75.7 Foreign currency bonds 5.4 5.1 5.3 5.3 5.2 5.1 5.3 Domestic bonds1 12.7 12.6 12.6 12.6 12.6 12.6 12.7 Stock investment trusts 10.2 10.8 10.9 10.9 11.3 10.8 10.0 Bond investment trusts 8.0 7.5 7.8 7.8 7.8 7.5 7.4 Foreign investment trusts 1.1 1.3 1.1 1.2 1.2 1.3 1.3 Other2 6.9 7.3 6.7 6.9 7.2 7.3 7.1 Total 126.6 122.1 127.0 128.7 125.0 122.1 119.4 24 1. Including CBs and warrants. 2. Including annuity insurance.

Retail related data (3) Net inflows of cash and securities1 Full year Quarter Corporates Individuals Corporates Individuals 1,500 1,500 1,200 1,200 900 900 600 600 300 300 0 0 -300 -300 -600 -600 -900 -900 -1,200 -1,200 FY2021/22 FY2022/23 (billions of yen) FY2020/21 FY2021/22 (billions of yen) 1Q 2Q 3Q 4Q 1Q Corporates2 1,205 -136 Corporates2 507 -277 -1,089 722 125 Individuals3 -318 488 Individuals3 -36 130 475 -82 376 Total 888 351 Total 471 -146 -613 641 500 Inflows of cash Inflows of cash 3,799 4,180 4 979 975 1,326 900 1,062 and securities4 and securities 1. Cash and securities inflows minus outflows, excluding regional financial institutions. 2. Incudes Corporate section (excluding regional financial institutions) and Japan Wealth Management Group. 3. Includes Retail channels, Net & Call, intermediary, salaried employee business, and Hotto Direct. 25 4. Retail channels only.

Retail related data (4) Number of accounts (thousands) FY2020/21 FY2021/22 FY2021/22 FY2022/23 Mar Mar Jun Sep Dec Mar Jun Accounts with balance 5,329 5,348 5,348 5,342 5,362 5,348 5,354 Equity holding accounts 2,927 2,955 2,924 2,923 2,949 2,955 2,958 NISA accounts opened (accumulated)1 1,791 1,589 1,820 1,828 1,839 1,589 1,598 Online service accounts 4,895 5,067 4,966 5,004 5,036 5,067 5,102 New Individual accounts / IT share2 Full year Quarter (thousands) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q New individual accounts 203 201 51 50 51 49 48 IT share2 No. of orders 80% 83% 82% 84% 83% 85% 85% Transaction value 53% 59% 58% 59% 58% 60% 59% 1. Including Junior NISA. 26 2. Ratio of cash stocks traded via online service.

Investment Management related data (1) Full year Quarter FY2021/22 FY2022/23 (billions of yen) FY2020/21 FY2021/22 QoQ YoY 1Q 1Q 2Q 3Q 4Q Business revenue 111.9 119.9 28.0 29.3 31.5 31.1 30.7 -1.5% 9.4% Investment gain/loss 51.2 28.1 35.5 5.1 8.6 -21.1 -23.1 —Net revenue 163.2 148.0 63.5 34.3 40.1 10.1 7.6 -24.8% -88.1% Non-interest expenses 72.1 76.5 18.6 19.3 19.8 18.9 19.3 2.3% 3.9% Income (loss) before income taxes 91.0 71.5 44.9 15.0 20.4 -8.8 -11.7 — Assets under management by company (trillions of yen) FY2020/21 FY2021/22 FY2021/22 FY2022/23 Mar Mar Jun Sep Dec Mar Jun Nomura Asset Management 66.2 69.6 67.3 69.3 70.1 69.6 67.4 Nomura Corporate Research and Asset 3.3 3.9 3.5 3.8 3.9 3.9 3.7 Management, etc. Assets under management (gross)1 69.5 73.5 70.8 73.1 74.0 73.5 71.1 Group company overlap 4.8 5.5 5.0 5.4 5.5 5.5 5.5 Assets under management (net)2 64.7 67.9 65.8 67.8 68.5 67.9 65.6 1. Total of assets under management (gross) of Nomura Asset Management, Nomura Corporate Research and Asset Management, and Wealth Square, as well as third party investment by Nomura SPARX Investment , Nomura Mezzanine Partners, Nomura Capital Partners, and Nomura Research & Advisory. 27 2. Net after deducting duplications from assets under management (gross).

Investment Management related data (2) Asset inflows/outflows by business1_2 Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 1Q 2Q 3Q 4Q 1Q Investment trusts business 2,753 1,236 346 267 250 372 478 of which ETFs 2,241 683 344 -28 -15 383 323 Investment advisory and -883 830 128 772 110 -180 -928 international businesses Total net asset inflow 1,870 2,066 474 1,039 360 193 -450 Domestic public investment trust market and Nomura Asset Management market share3 FY2020/21 FY2021/22 FY2021/22 FY2022/23 (trillions of yen) Mar Mar Jun Sep Dec Mar Jun Domestic public investment trusts Market 151.0 163.1 156.7 160.4 164.5 163.1 156.7 Nomura Asset Management share (%) 28% 27% 27% 27% 27% 27% 27% Domestic public stock investment trusts Market 136.2 148.9 142.2 145.9 150.0 148.9 142.3 Nomura Asset Management share (%) 26% 25% 26% 26% 25% 25% 26% Domestic public bond investment trusts Market 14.8 14.2 14.5 14.6 14.5 14.2 14.3 Nomura Asset Management share (%) 44% 44% 44% 44% 44% 44% 44% ETF Market 60.6 61.8 61.2 63.4 62.4 61.8 59.6 Nomura Asset Management share (%) 44% 44% 44% 44% 44% 44% 44% 1. Based on assets under management (net). 2. Historical figures have been reclassified following a review in FY2022/23 1Q to the method for measuring assets under management and the flow of funds. 28 3. Source Investment Trusts Association, Japan.

Wholesale related data Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 QoQ YoY 1Q 2Q 3Q 4Q 1Q Net revenue 691.4 703.1 132.8 172.7 202.7 194.9 199.0 2.1% 49.9% Non-interest expenses 627.1 628.6 161.1 147.7 161.9 157.9 173.7 10.0% 7.8% Income (loss) before income taxes 64.3 74.5 -28.4 25.0 40.8 37.0 25.3 -31.8%— Breakdown of Wholesale revenues1 Full year Quarter (billions of yen) FY2021/22 FY2022/23 FY2020/21 FY2021/22 QoQ YoY 1Q 2Q 3Q 4Q 1Q Fixed Income 441.9 326.9 88.1 70.7 88.0 80.1 112.6 40.7% 27.8% Equities 133.6 229.5 9.1 66.5 75.8 78.1 62.6 -19.8% 6.9x Global Markets 575.5 556.4 97.2 137.2 163.8 158.2 175.3 10.8% 80.3% Investment Banking 115.8 146.6 35.5 35.4 38.9 36.7 23.7 -35.5% -33.3% Net revenue 691.4 703.1 132.8 172.7 202.7 194.9 199.0 2.1% 49.9% 29

Number of employees FY2020/21 FY2021/22 FY2021/22 FY2022/23 Mar Mar Jun Sep Dec Mar Jun Japan 15,330 15,213 15,556 15,393 15,299 15,213 15,503 Europe 2,769 2,820 2,779 2,811 2,817 2,820 2,811 Americas 2,152 2,257 2,116 2,171 2,181 2,257 2,252 Asia and Oceania1 6,151 6,295 6,196 6,216 6,259 6,295 6,407 Total 26,402 26,585 26,647 26,591 26,556 26,585 26,973 30 1. Includes Powai office in India.

Disclaimer This document is produced by Nomura Holdings, Inc. (_Nomura_). Nothing in this document shall be considered as an offer to sell or solicitation of an offer to buy any security, commodity or other instrument, including securities issued by Nomura or any affiliate thereof. Offers to sell, sales, solicitations to buy, or purchases of any securities issued by Nomura or any affiliate thereof may only be made or entered into pursuant to appropriate offering materials or a prospectus prepared and distributed according to the laws, regulations, rules and market practices of the jurisdictions in which such offers or sales may be made. The information and opinions contained in this document have been obtained from sources believed to be reliable, but no representations or warranty, express or implied, are made that such information is accurate or complete and no responsibility or liability can be accepted by Nomura for errors or omissions or for any losses arising from the use of this information. All rights regarding this document are reserved by Nomura unless otherwise indicated. No part of this document shall be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Nomura. This document contains statements that may constitute, and from time to time our management may make _forward-looking statements_ within the meaning of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. Any such statements must be read in the context of the offering materials pursuant to which any securities may be offered or sold in the United States. These forward-looking statements are not historical facts but instead represent only our belief regarding future events, many of which, by their nature, are inherently uncertain and outside our control. Actual results and financial condition may differ, possibly materially, from what is indicated in those forward-looking statements. You should not place undue reliance on any forward-looking statement and should consider all of the following uncertainties and risk factors, as well as those more fully discussed under Nomura_s most recent Annual Report on Form 20-F and other reports filed with the U.S. Securities and Exchange Commission (_SEC_) that are available on Nomura_s website (https://www.nomura.com) and on the SEC_s website (https://www.sec.gov); Important risk factors that could cause actual results to differ from those in specific forward-looking statements include, without limitation, economic and market conditions, political events and investor sentiments, liquidity of secondary markets, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, and the number and timing of transactions. Forward-looking statements speak only as of the date they are made, and Nomura undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. The consolidated financial information in this document is unaudited.

Nomura Holdings, Inc. www.nomura.com

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$(1\0LV M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M L !__]D! end

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