NMRNYSESecurity Brokers, Dealers & Flotation CompaniesUS GAAP · USD

Nomura Holdings Inc ADR

Nomura Holdings Inc. is a Japan-based financial services group organized around securities, asset management, and banking activities. Through its broker-dealer and related subsidiaries, it serves individuals, institutions, corporates, and governments across Japan and major international financial centers.

Liikevaihto4 758,5mrd USD
+0,5 %v/v
Nettotulos362,1mrd USD
+6,3 %v/v
Vapaa kassavirta−1 196,8mrd USD
−37,8 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

01 0002 0003 0004 0005 000mrd USD2021: 1 617,2 mrd USD20212022: 1 594,0 mrd USD20222023: 2 486,7 mrd USD20232024: 4 157,3 mrd USD20242025: 4 736,7 mrd USD20252026: 4 758,5 mrd USD20264 758,5
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Wealth Management25 %

Retail brokerage, investment products, and advice for individual clients.

Investment Management15 %

Asset management and investment solutions for institutional and other clients.

Wholesale45 %

Global markets, underwriting, trading, and investment banking services.

Banking10 %

Banking, trust, and financing services provided through banking subsidiaries.

Other and corporate activities5 %

Treasury, holding company, and other non-core activities and investments.

Asiakkaat

Nomura serves individuals through wealth management and brokerage, institutions through asset management and market access, and corporates and governments through capital markets and advisory services. Its client base is broad, with transaction activity and long-term relationships both contributing to the business model. The firm’s global platform is designed to meet financing and investment needs across different client types and markets.

Individual investors

Buy brokerage, savings, and investment products through wealth management channels.

Institutional investors

Use asset management, trading access, and market execution services.

Corporate issuers

Buy underwriting, private placement, and financing solutions for capital raising.

Government and public-sector clients

Use debt capital markets, advisory, and market services for funding and execution.

Strategia

Nomura’s strategy centers on integrating wealth management, investment management, wholesale markets, and banking under one global platform. The company emphasizes serving clients across East and West, using its network to connect capital, distribution, and market access across regions and products.

Cross-selling across business divisionsKeskipitkä aikaväli

A broader platform increases wallet share and deepens client relationships.

Global client coverageKeskipitkä aikaväli

International presence supports cross-border flows and diversified revenue sources.

Strengthen fee-based businessesKeskipitkä aikaväli

Asset management and wealth services can improve revenue stability relative to market trading.

Maantiede

Nomura operates globally, with a core base in Japan and significant activity in major financial centers across the United States, Europe, and Asia-Pacific. The business model depends on access to liquid markets and cross-border client flows, so geography matters for both revenue mix and regulatory exposure. Its structure includes domestic subsidiaries in Japan and overseas entities in the Americas, Europe, and Asia.

Riskit

Nomura is exposed to market volatility, client activity cycles, and changes in capital-market issuance and trading conditions, which can affect its core brokerage and investment banking businesses. As a global financial institution, it also faces regulatory, legal, credit, operational, and foreign-exchange risks across multiple jurisdictions.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Market activity volatility1Regulatory and legal risk2Credit and counterparty risk3Foreign-exchange and funding risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Market activity volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Brokerage, trading, and underwriting depend on client risk appetite and market conditions.

    Kohdistuu: Wholesale division

  2. Regulatory and legal riskVaikutus: KorkeaTodennäköisyys: Korkea

    Securities, banking, and advisory activities are heavily regulated and subject to investigations or claims.

    Kohdistuu: Global operations

  3. Credit and counterparty riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Financing, prime brokerage, and market-making create exposure to client default.

    Kohdistuu: Wholesale and banking

  4. Foreign-exchange and funding riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    A global balance sheet with cross-border funding can be affected by currency and liquidity conditions.

    Kohdistuu: International subsidiaries

Kirjanpito

Harkinnanvaraiset erät
Fair value measurement

Trading and investment positions are sensitive to market-based valuation changes.

Vaikutus: Can cause earnings and balance-sheet volatility

Derivative accounting

Nomura uses derivatives extensively in trading, funding, and risk management.

Vaikutus: Can create timing differences between economic and accounting gains

Goodwill impairment

The group has large reporting units that must be tested annually for impairment.

Vaikutus: May lead to non-cash write-downs if business outlook weakens

Consolidation of VIEs

The company consolidates variable interest entities and many subsidiaries.

Vaikutus: Affects reported assets, liabilities, and risk presentation

Lease accounting

Right-of-use assets and lease obligations are recognized for office and branch space.

Vaikutus: Influences reported assets and leverage ratios

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Nomura Holdings Inc ADR (NYSE) – Security Brokers, Dealers & Flotation Co | Analyysi – Clarifo