NRSCF · Nomura Holdings, Inc.

Nomura Holdings delivered record full-year results for the fiscal year ended March 31, 2026, with net income reaching a new high of Y362.1 billion on net revenue of Y2,167.7 billion, up 15% year on year, driven by all-time high four-segment pretax income of Y506.9 billion and ROE of 10.1%. The fourth quarter showed continued strength with net revenue of Y577.2 billion, up 27% year on year. Wealth Management achieved its best performance since FY2001/2, with recurring revenue at an all-time high and cost coverage ratio of 72%, fueled by net inflows and disciplined costs. Investment Management hit a record Y136.9 trillion in assets under management, boosted by net inflows and acquired businesses, with Q4 revenue doubling year on year. Wholesale posted its strongest results since 2010, supported by record Global Markets and Investment Banking revenues across regions. Banking grew loans and investment trust balances amid expansion investments. Management highlighted progress toward the 2030 vision, with President Kentaro Okuda noting improved profitability and a stronger operating platform. Complementing earnings, Nomura declared a year-end dividend of Y24 per share (annual Y51), payable June 1, 2026, from retained earnings. Additionally, plans for RSU and PSU grants totaling approximately 30 million shares and Y40 billion in late May 2026 align executive incentives with performance, using treasury shares over 1-7 years subject to conditions and targets.