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 January 2024

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.

Financial Summary – Nine months ended December 31, 2023.

The registrant hereby incorporates Exhibit 1 to this report on Form 6-K by reference in the prospectus that is part of Registration Statement on
Form F-3 (Registration No. 333-273353) of the registrant and Nomura America Finance, LLC, filed with the Securities and Exchange Commission on
July 20, 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 theundersigned, thereunto duly authorized.
NOMURA HOLDINGS, INC.
Date: January 31, 2024

By:/s/ Yoshifumi Kishida
Yoshifumi Kishida
Senior Managing Director

Financial Summary For the Nine Months Ended December 31, 2023 (U.S. GAAP)
Date:

January 31, 2024

Company name (code number):
Stock exchange listings:

Nomura Holdings, Inc. (8604)

Representative:

For inquiries:(In Japan) Tokyo, Nagoya(Overseas) New York, Singapore
Kentaro Okuda
President and Group CEO, Nomura Holdings, Inc.
Junko TagoManaging Director, Head of Investor Relations, Nomura Holdings, Inc.
Tel: (Country Code 81) 3-5255-1000
URL: https://www.nomura.com

1. Consolidated Operating Results(1) Operating Results(Rounded to nearest million)(Millions of yen, except per share data)
For the nine months ended December 31
2022
2023
% Change from
% Change from
December 31, 2021
December 31, 2022

Total revenue
Net revenue
Income before income taxes
Net income attributable to Nomura Holdings, Inc. (“NHI”) shareholders
Comprehensive income
Basic-Net income attributable to NHI shareholders per share (Yen)
Diluted-Net income attributable to NHI shareholders per share (Yen)
Return on shareholders’ equity - annualized

1,716,061
1,010,644
126,783
85,411
246,052
28.40
27.44
3.8%

44.4%
(1.2%)(28.4%)(23.8%)
41.0%

2,986,540
1,116,898
181,756
109,113
166,527
36.08
34.69
4.5%

74.0%
10.5%
43.4%
27.8%
(32.3%)

Note: Return on shareholders’ equity is a ratio of Net income attributable to NHI shareholders to Total NHI shareholders’ equity.
(2) Financial Position(Millions of yen, except per share data)
At March 31
At December 31
2023
2023

Total assets
Total equity
Total NHI shareholders’ equity
Total NHI shareholders’ equity as a percentage of total assets
Total NHI shareholders’ equity per share (Yen)

47,771,802
3,224,142
3,148,567
6.6%
1,048.24

54,752,735
3,360,649
3,279,524
6.0%
1,087.95

2. Cash Dividends(Yen amounts)
2023

Dividends per share
Dividends record dates
At June 30
At September 30
At December 31
At March 31
For the year

For the year ended March 31
2024

—
5.00
—
12.00
17.00

—
8.00
—
—
—

2024 (Plan)———
Unconfirmed
Unconfirmed

Note: Fiscal year 2024 Q4 dividend is not presented per reasons stated in “3. Earnings Forecasts for the year ending March 31, 2024”.
3. Earnings Forecasts for the year ending March 31, 2024
Nomura provides investment, financing and related services in the capital markets on a global basis. In the global capital markets there exist
uncertainties due to, but not limited to, economic and market conditions. Nomura, therefore, does not present earnings forecasts.
Notes(1) Changes in significant subsidiaries during the period: None
(Changes in Specified Subsidiaries accompanying changes in scope of consolidation.)(2) Adoption of the simplified and particular accounting treatments: None
(3) Changes in accounting policiesa)b)Changes in accounting policies due to amendments to the accounting standards: None
Changes in accounting policies due to other than a): None

(4) Number of shares issued (common stock)
At March 31
2023

Number of shares outstanding (including treasury stock)
Number of treasury stock

3,233,562,601
229,883,277

At December 31
2023

3,163,562,601
149,144,457

For the nine months ended December 31
2022
2023

Average number of shares outstanding (year-to-date)*This financial summary is not subject to certified public accountant’s or audit firm’s quarterly review.

3,007,925,168

3,023,923,222

Table of Contents for the Accompanying Materials
1.

2.

3.

Qualitative Information of the Quarterly Consolidated Results

P. 2

(1)
(2)
(3)

P. 2
P. 4
P. 4

Consolidated Operating Results
Consolidated Financial Position
Consolidated Earnings Forecasts

Quarterly Consolidated Financial Statements

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

P. 6
P. 8
P. 9
P. 9
P.10
P.11

Supplementary Information

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

P.12
P.13
P.14
–1–

1.

Qualitative Information of the Quarterly Consolidated Results(1)

Consolidated Operating Results

U.S. GAAP
Billions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes
Income tax expense
Net income (loss)% Change(B-A)/(A)1,010.6
883.9
126.8
43.7
83.1

1,116.9
935.1
181.8
68.2
113.6

10.5
5.8
43.4
55.9
36.8

Less: Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to NHI shareholders

(2.3)
85.4

4.5
109.1

—
27.8

Return on shareholders’ equity - annualized

3.8%

4.5%

—

Note: Return on shareholders’ equity is a ratio of Net income (loss) attributable to NHI shareholders to Total NHI shareholders’ equity.
Nomura Holdings, Inc. and its consolidated entities (collectively, “Nomura”) reported net revenue of 1,116.9 billion yen for the nine months ended
December 31, 2023, an increase of 10.5% from the same period in the prior year. Non-interest expenses increased by 5.8% from the same period in
the prior year to 935.1 billion yen. Income before income taxes was 181.8 billion yen and net income attributable to NHI shareholders was
109.1 billion yen for the nine months ended December 31, 2023.
Segment Information
Billions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

1,036.0
883.9
152.1

1,131.5
935.1
196.3

% Change(B-A)/(A)

9.2
5.8
29.0

In the above segment information totals, which exclude a part of unrealized gain (loss) on investments in equity securities held for operating
purposes, net revenue for the nine months ended December 31, 2023 was 1,131.5 billion yen, an increase of 9.2% from the same period in the prioryear. Non-interest expenses increased by 5.8% from the same period in the prior year to 935.1 billion yen. Income before income taxes increased by
29.0% to 196.3 billion yen for the nine months ended December 31, 2023. Please refer to page 10 for further details of the differences between U.S.
GAAP and business segment amounts.
–2–

<Business Segment Results>
Operating Results of RetailBillions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

224.9
201.2
23.7

% Change(B-A)/(A)

293.6
209.7
83.9

30.6
4.2
254.6

Net revenue increased by 30.6% from the same period in the prior year to 293.6 billion yen. Non-interest expenses increased by 4.2% to209.7 billion yen. As a result, income before income taxes increased by 254.6% to 83.9 billion yen.
Operating Results of Investment Management
Billions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

90.7
63.6
27.1

110.6
68.1
42.4

% Change(B-A)/(A)

21.9
7.2
56.4

Net revenue increased by 21.9% from the same period in the prior year to 110.6 billion yen. Non-interest expenses increased by 7.2% to68.1 billion yen. As a result, income before income taxes increased by 56.4% to 42.4 billion yen. Assets under management were 78.5 trillion yen asof December 31, 2023.
Operating Results of Wholesale
Billions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

593.5
549.9
43.6

611.9
578.6
33.3

Net revenue increased by 3.1% from the same period in the prior year to 611.9 billion yen. Non-interest expenses increased by 5.2% to578.6 billion yen. As a result, income before income taxes decreased by 23.6% to 33.3 billion yen.
–3–

% Change(B-A)/(A)

3.1
5.2(23.6)

Other Operating Results
Billions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

126.9
69.1
57.7

115.3
78.7
36.6

% Change(B-A)/(A)

(9.1)
13.9
(36.6)Net revenue was 115.3 billion yen. Income before income taxes was 36.6 billion yen.
(2) Consolidated Financial Position
Total assets as of December 31, 2023 were 54,752.7 billion yen, an increase of 6,980.9 billion yen compared to March 31, 2023, mainly due toan increase in Trading assets and Securities purchased under agreements to resell. Total liabilities as of December 31, 2023 were 51,392.1 billion
yen, an increase of 6,844.4 billion yen compared to March 31, 2023, mainly due to an increase in Securities sold under agreements to repurchase.
Total equity as of December 31, 2023 was 3,360.6 billion yen, an increase of 136.5 billion yen compared to March 31, 2023.
(3) Consolidated Earnings Forecasts
Nomura provides investment, financing and related services in the capital markets on a global basis. In the global capital markets there exist
uncertainties due to, but not limited to, economic and market conditions. Nomura, therefore, does not present earnings and dividend forecasts.
–4–

2.

Quarterly Consolidated Financial Statements
The quarterly consolidated financial information herein has been prepared in accordance with Nomura’s accounting policies which are disclosed
in the notes to the consolidated financial statements of Nomura Holdings, Inc.’s Annual Securities Report (the annual report filed in Japan onJune 28, 2023) and Form 20-F (the annual report filed with the U.S. Securities and Exchange Commission on June 28, 2023) for the year ended
March 31, 2023.
–5–

(1) Consolidated Balance Sheets
March 31,2023

ASSETSCash and cash deposits:
Cash and cash equivalents
Time deposits
Deposits with stock exchanges and other segregated cash
Total cash and cash deposits
Loans and receivables:
Loans receivable
Receivables from customers
Receivables from other than customers
Allowance for credit losses
Total loans and receivables
Collateralized agreements:
Securities purchased under agreements to resell
Securities borrowed
Total collateralized agreements
Trading assets and private equity and debt investments:
Trading assets*
Private equity and debt investments*
Total trading assets and private equity and debt investments
Other assets:
Office buildings, land, equipment and facilities(net of accumulated depreciation and amortization of¥459,954 million as of March 31, 2023 and¥502,837 million as of December 31, 2023)
Non-trading debt securities*
Investments in equity securities*
Investments in and advances to affiliated companies*
Other
Total other assets
Total assets*

Including securities pledged as collateral–6–

Millions of yen
December 31,
2023

Increase/(Decrease)

3,820,685
409,082
291,480
4,521,247

4,337,014
489,290285,786
5,112,090

516,329
80,208(5,694)590,843

4,013,852
379,911819,263(5,832)
5,207,194

4,957,782
321,908
1,188,688(3,916)
6,464,462

943,930(58,003)369,425
1,916
1,257,268

13,834,460
4,283,039
18,117,499

15,847,868
4,617,342
20,465,210

2,013,408
334,3032,347,711

17,509,934
99,39917,609,333

20,150,489
111,484
20,261,973

2,640,555
12,0852,652,640

464,316
337,361
97,660402,485
1,014,707
2,316,529
47,771,802

466,800
349,186
88,300451,731
1,092,983
2,449,000
54,752,735

2,484
11,825(9,360)49,24678,276
132,471
6,980,933

March 31,
2023

LIABILITIES AND EQUITY
Short-term borrowings
Payables and deposits:
Payables to customers
Payables to other than customers
Deposits received at banks
Total payables and deposits
Collateralized financing:
Securities sold under agreements to repurchase
Securities loaned
Other secured borrowings
Total collateralized financing
Trading liabilities
Other liabilities
Long-term borrowings
Total liabilities
EquityNHI shareholders’ equity:
Common stock
Authorized - 6,000,000,000 shares
Issued - 3,233,562,601 shares as of March 31, 2023 and
3,163,562,601 shares as of December 31, 2023
Outstanding - 3,003,679,324 shares as of March 31, 2023 and3,014,418,144 shares as of December 31, 2023
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total NHI shareholders’ equity before treasury stock
Common stock held in treasury, at cost 229,883,277 shares as of March 31, 2023 and149,144,457 shares as of December 31, 2023
Total NHI shareholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity–7–

Millions of yen
December 31,
2023

Increase/(Decrease)

1,008,541

874,631(133,910)

1,359,948
1,799,585
2,137,936
5,297,469

1,445,280
2,441,592
2,214,784
6,101,656

85,332642,00776,848804,187

14,217,966
1,556,663
334,319
16,108,948
10,557,971
1,175,521
10,399,210
44,547,660

18,938,951
1,509,922
289,881
20,738,754
10,539,741
1,331,862
11,805,442
51,392,086

4,720,985(46,741)(44,438)
4,629,806(18,230)
156,341
1,406,232
6,844,426

594,493
707,189
1,647,005
318,454
3,267,141

594,493700,203
1,693,511
370,5073,358,714—(6,986)46,50652,053
91,573(118,574)
3,148,567
75,5753,224,142
47,771,802(79,190)3,279,524
81,1253,360,649
54,752,735

39,384130,957
5,550
136,5076,980,933

(2) Consolidated Statements of Income
Millions of yen
For the nine months ended
December 31,
December 31,2022(A)
2023(B)

Revenue:Commissions
Fees from investment banking
Asset management and portfolio service fees
Net gain on trading
Gain on private equity and debt investments
Interest and dividends
Gain (loss) on investments in equity securities
Other
Total revenue
Interest expense
Net revenue
Non-interest expenses:
Compensation and benefits
Commissions and floor brokerage
Information processing and communications
Occupancy and related depreciation
Business development expenses
Other
Total non-interest expenses
Income before income taxes
Income tax expense
Net income
Less: Net income (loss) attributable to noncontrolling interests
Net income attributable to NHI shareholders% Change(B-A)/(A)216,085
85,257204,323444,955
9,253
679,225(2,621)
79,584
1,716,061
705,417
1,010,644

257,410
124,979
225,969
357,245
9,892
1,894,409
4,219
112,417
2,986,540
1,869,642
1,116,898

19.1
46.6
10.6
(19.7)
6.9
178.9
—
41.3
74.0
165.0
10.5

450,230
88,946
155,863
50,182
16,363
122,277
883,861
126,783
43,71083,073(2,338)85,411

496,440
100,016
160,794
50,884
17,697
109,311935,142
181,756
68,151
113,605
4,492
109,113

10.3
12.4
3.2
1.4
8.2
(10.6)
5.8
43.4
55.9
36.8
—
27.8

Per share of common stock:Yen% Change

BasicNet income attributable to NHI shareholders per share

28.40

36.08

27.0

DilutedNet income attributable to NHI shareholders per share

27.44

34.69

26.4

–8–

(3) Consolidated Statements of Comprehensive Income
Millions of yen
For the nine months ended
December 31,
December 31,2022(A)
2023(B)Net income
Other comprehensive income (loss):
Cumulative translation adjustments:
Cumulative translation adjustments
Deferred income taxes
Total
Defined benefit pension plans:
Pension liability adjustment
Deferred income taxes
Total
Own credit adjustments:
Own credit adjustments
Deferred income taxes
Total
Total other comprehensive income
Comprehensive income
Less: Comprehensive income (loss) attributable to noncontrolling interests
Comprehensive income attributable to NHI shareholders(4) Note with respect to the Assumption as a Going Concern
Not applicable.
–9–% Change(B-A)/(A)83,073

113,605

36.8

104,090(278)
103,81299,369(1,030)98,339

(4.5)
—
(5.3)

1,881
(492)
1,389

1,227
(337)
890

(34.8)—(35.9)

73,947(16,169)
57,778
162,979
246,052(1,457)
247,509(57,880)
11,573(46,307)52,922
166,527
5,361
161,166———(67.5)(32.3)—(34.9)

(5) Segment Information – Operating Segment
The following table shows business segment information and reconciliation items to the consolidated statements of income.
Millions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)% Change(B-A)/(A)Net revenue
Business segment information:
RetailInvestment Management
Wholesale
Subtotal
Other
Net revenue
Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes
Net revenue

224,885
90,715593,543
909,143
126,858
1,036,001

293,607
110,582
611,933
1,016,122
115,328
1,131,450

30.6
21.9
3.1
11.8
(9.1)
9.2

(25,357)
1,010,644(14,552)
1,116,898—
10.5

201,22163,574549,936
814,731
69,130883,861

209,688
68,144
578,598
856,430
78,712
935,142

4.2
7.2
5.2
5.1
13.9
5.8

—
883,861—
935,142—
5.8

23,664
27,141
43,607
94,412
57,728152,140

83,91942,43833,335
159,692
36,616
196,308

254.6
56.4(23.6)
69.1(36.6)
29.0(25,357)
126,783(14,552)
181,756—
43.4

Non-interest expenses
Business segment information:
RetailInvestment Management
Wholesale
Subtotal
Other
Non-interest expenses
Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes
Non-interest expenses
Income (loss) before income taxes
Business segment information:
RetailInvestment Management
Wholesale
Subtotal
Other*
Income (loss) before income taxes
Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes
Income (loss) before income taxes* Major components
Transactions between operating segments are recorded within segment results on commercial terms and conditions, and are eliminated in “Other.”
The following table presents the major components of income (loss) before income taxes in “Other.”
Millions of yen
For the nine months ended
December 31,
December 31,
2022 (A)2023 (B)Net gain (loss) related to economic hedging transactions
Realized gain (loss) on investments in equity securities held for operating purposes
Equity in earnings of affiliates
Corporate items
Other
Total
– 10 –(11,164)
22,19035,000(4,798)16,50057,7282,064
19,97931,561(3,137)(13,851)
36,616% Change(B-A)/(A)—(10.0)(9.8)——(36.6)

(6) Significant Changes in Equity
Not applicable. For further details of the changes, please refer below.
Millions of yen
For the nine months ended
December 31, 2023

Common stock
Balance at beginning of year
Balance at end of period

594,493594,493

Additional paid-in capital
Balance at beginning of year
Stock-based compensation awards
Changes in an affiliated company’s interests
Balance at end of period

707,189(6,973)(13)
700,203

Retained earnings
Balance at beginning of year
Net income attributable to NHI shareholders
Cash dividends
Loss on sales of treasury stock
Cancellation of treasury stock
Balance at end of period

1,647,005
109,113(24,112)(2,390)(36,105)
1,693,511

Accumulated other comprehensive income (loss)
Cumulative translation adjustments
Balance at beginning of year
Net change during the period
Balance at end of period
Defined benefit pension plans
Balance at beginning of year
Pension liability adjustment
Balance at end of period
Own credit adjustments
Balance at beginning of year
Own credit adjustments
Balance at end of period
Balance at end of period

107,861(46,307)
61,554
370,507

Common stock held in treasury
Balance at beginning of year
Repurchases of common stock
Sale of common stock
Common stock issued to employees
Cancellation of treasury stock
Balance at end of period(118,574)(20,010)0
23,28936,105(79,190)

Total NHI shareholders’ equity
Balance at end of period

3,279,524

Noncontrolling interests
Balance at beginning of year
Net change during the period
Balance at end of period

75,5755,550
81,125

242,767
97,470340,237(32,174)890(31,284)

Total equity
Balance at end of period

3,360,649– 11 –

3. Supplementary Information(1) Consolidated Statements of Income – Quarterly Comparatives

Revenue:Commissions
Fees from investment banking
Asset management and portfolio
service fees
Net gain on trading
Gain (loss) on private equity anddebt investments
Interest and dividends
Gain (loss) on investments inequity securities
Other
Total revenue
Interest expense
Net revenue
Non-interest expenses:
Compensation and benefits
Commissions and floor brokerage
Information processing andcommunications
Occupancy and related
depreciation
Business development expenses
Other
Total non-interest expenses
Income before income taxes
Income tax expense
Net income
Less: Net income (loss) attributable
to noncontrolling interests
Net income attributable to NHI
shareholders

Millions of yen
For the three months ended
December 31, March 31,
June 30,
2022
2023
2023

% Change(B-A)/(A)Millions of yen
For the year ended
March 31,2023

85,71855,229(3.6)
43.1

279,857
113,208

76,666116,61377,496125,0691.1
7.3

271,684
563,269

6,887
549,651

1,123
658,458

1,882
686,300

67.6
4.2

14,504
1,114,690

1,195
51,356
770,665445,732
324,933

4,777
30,752
893,353
544,440
348,913

2,792
29,522
1,012,700
644,940
367,760(3,350)52,143
1,080,487
680,262400,225

—
76.6
6.7
5.5
8.8

(1,426)130,940
2,486,726
1,151,149
1,335,577

156,275
32,275

155,557
30,291

158,673
31,365

167,138
34,336

170,629
34,3152.1(0.1)

605,787
119,237

52,12754,00453,674

52,836

53,61654,342

1.4

209,537

16,3594,699
44,956287,295
11,733
11,340393

16,643
5,353
33,274286,474
31,484
14,741
16,743

17,1806,311
44,047
310,092
83,566
17,62965,937

16,675
6,273
39,772302,242
22,691
14,088
8,603

16,601
6,144
36,984
302,60346,31020,42825,882

17,477
5,396
33,062311,025
56,735
21,15035,585

16,806
6,157
39,265
321,51478,711
26,57352,138

(3.8)
14.1
18.8
3.4
38.7
25.6
46.5

66,857
22,636
162,049
1,186,103
149,474
57,79891,676(1,303)(28)(1,007)

1,228

2,551

353

1,588

349.9

(1,110)1,696

16,771

66,944

7,375

23,331

35,23250,55043.5

92,786

June 30,
2022

September 30,
2022

September 30, December 31,2023(A)
2023(B)

70,431
27,285

68,152
24,18977,50233,783

63,772
27,951

82,77031,14688,92238,604

68,250141,918

69,038160,905

67,035
142,132

67,361
118,31471,807
115,563(4,535)
109,049

5,738
196,8938,050
373,2835,251
435,465(1,742)(688)
409,968
110,940
299,028(1,523)
10,460533,852
215,894
317,958644
69,812772,241
378,583
393,658

143,061
28,488150,894
28,18349,732%
ChangeYen

Yen

Per share of common stock:
BasicNet income attributable to NHI
shareholders per share

0.56

5.59

22.30

2.46

7.71

11.61

16.77

44.4

30.86

DilutedNet income attributable to NHI
shareholders per share

0.52

5.41

21.51

2.34

7.40

11.21

16.10

43.6

29.74

– 12 –

(2) Business Segment Information – Quarterly Comparatives
The following table shows quarterly business segment information and reconciliation items to the consolidated statements of income.
Millions of yen
For the three months ended
December 31, March 31, June 30,
2022
2023
2023

June 30,
2022

September 30,
2022

71,386
7,579
198,987
277,952
23,925
301,877

72,48026,171
205,499
304,150
15,623319,773

81,01956,965
189,057
327,041
87,310414,351

75,306
37,844
178,837
291,987
37,860329,847(2,849)299,028(1,815)317,958(20,693)393,658

66,47019,293
173,715
259,478
27,817287,295

66,995
20,618185,310
272,923
13,551
286,474—
287,295% Change

Millions of yen
For the year ended
March 31,2023

September 30,
2023(A)

December 31,2023(B)

92,05026,525
190,850
309,425
43,755353,180

98,932
45,111
204,087
348,130
16,953365,083

102,625
38,946
216,996358,567
54,620413,187

3.7(13.7)
6.3
3.0
222.2
13.2

300,191
128,559
772,380
1,201,130
164,718
1,365,848(4,914)
324,933(4,267)
348,913

2,677
367,760(12,962)400,225—8.8(30,271)
1,335,577

67,756
23,663
190,911282,330
27,762
310,092

65,474
21,490193,075
280,039
22,203302,242

69,10322,898
188,749
280,750
21,853
302,60369,887
21,896
195,823
287,606
23,419311,025

70,69823,350
194,026
288,074
33,440321,514

1.2
6.6
(0.9)
0.2
42.8
3.4

266,695
85,064743,011
1,094,770
91,333
1,186,103—
286,474—
310,092—
302,242—302,603—
311,025—
321,514—3.4—
1,186,103

4,916(11,714)25,272
18,474(3,892)
14,582

5,485
5,553
20,18931,227
2,072
33,29913,26333,302(1,854)44,71159,548104,259

9,832
16,354(14,238)
11,94815,657
27,60522,9473,627
2,101
28,675
21,90250,57729,04523,215
8,264
60,524(6,466)54,05831,927
15,59622,97070,493
21,18091,6739.9(32.8)
178.0
16.5
—
69.6

33,49643,49529,369106,360
73,385
179,745(2,849)11,733(1,815)31,484(20,693)
83,566(4,914)
22,691(4,267)46,3102,677
56,735(12,962)
78,711—
38.7(30,271)
149,474(B-A)/(A)Net revenue
Business segment information:
RetailInvestment Management
Wholesale
Subtotal
Other
Net revenue
Reconciliation items:
Unrealized gain (loss) on
investments in equity securities
held for operating purposes
Net revenue
Non-interest expenses
Business segment information:
RetailInvestment Management
Wholesale
Subtotal
Other
Non-interest expenses
Reconciliation items:
Unrealized gain (loss) on
investments in equity securities
held for operating purposes
Non-interest expenses
Income (loss) before income taxes
Business segment information:
RetailInvestment Management
Wholesale
Subtotal
Other*
Income (loss) before income taxes
Reconciliation items:
Unrealized gain (loss) on
investments in equity securities
held for operating purposes
Income (loss) before income taxes* Major components
Transactions between operating segments are recorded within segment results on commercial terms and conditions, and are eliminated in “Other.”
The following table presents the major components of income (loss) before income taxes in “Other.”Net gain (loss) related to economic
hedging transactions
Realized gain (loss) on investments inequity securities held for operating
purposes
Equity in earnings of affiliates
Corporate items
Other
Total

Millions of yen
For the three months ended
December 31, March 31, June 30,
2022
2023
2023

June 30,
2022

September 30,
2022(9,807)98(1,455)6,318

240
16,993(5,988)(5,330)(3,892)

55
9,114
4,513
(11,708)
2,072

21,895
8,893(3,323)33,53859,548

6,195
12,744(7,792)(1,808)15,657– 13 –% Change
September 30,
2023(A)

December 31,2023(B)(B-A)/(A)Millions of yen
For the year ended
March 31,
2023

3,394

(8,905)

7,575—(4,846)

8,191
13,718
1,942(5,343)
21,902

26
9,013
1,380
(7,980)(6,466)

11,762
8,830(6,459)(528)
21,180

—
(2.0)
—
—
—

28,38547,744(12,590)
14,69273,385(3)OtherQuarterly financial information for Nomura Securities Co., Ltd. can be found at the following URL.
https://www.nomuraholdings.com/company/group/nsc/pdf/2024_3q.pdf– 14 –