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 2023

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 – Three months ended June 30, 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: August 1, 2023

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

Financial Summary For the Three Months Ended June 30, 2023 (U.S. GAAP)
Date:

August 1, 2023

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 three months ended June 30
2022
2023
% Change from
% Change from
June 30, 2021
June 30, 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

409,968
299,028
11,733
1,696
169,507
0.56
0.52
0.2%

1.2%
(15.4%)(85.1%)(96.5%)
230.9%

893,353
348,91346,31023,331
126,258
7.71
7.40
2.9%

117.9%
16.7%
294.7%—%(25.5%)

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 June 30
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

52,493,241
3,345,839
3,265,436
6.2%
1,071.38

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

—
—
—
—
—

2024 (Plan)—
Unconfirmed—
Unconfirmed
Unconfirmed

Note: Fiscal year 2024 Q2 and Q4 dividends are 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)

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

At March 31
2023

At June 30
2023

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

3,163,562,601
115,675,155

For the three months ended June 30
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.

3,017,845,872

3,025,892,670

Table of Contents for the Accompanying Materials
P. 2

1. Qualitative Information of the Quarterly Consolidated Results
(1)
(2)
(3)

Consolidated Operating Results
Consolidated Financial Position
Consolidated Earnings Forecasts

P. 2
P. 4
P. 4

2. 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
P.12

3. Supplementary Information
(1)
(2)
(3)

Consolidated Statements of Income – Quarterly Comparatives
Business Segment Information – Quarterly Comparatives
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 three months ended
June 30,
June 30,2022 (A)2023 (B)% Change(B-A)/(A)Net revenue
Non-interest expenses
Income (loss) before income taxes
Income tax expense
Net income (loss)

299.0
287.3
11.7
11.3
0.4

348.9
302.6
46.3
20.4
25.9

16.7
5.3
294.7
80.1
—

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

(1.3)
1.7

2.6
23.3

—
—

Return on shareholders’ equity - annualized

0.2%

2.9%

—

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 348.9 billion yen for the three months ended
June 30, 2023, an increase of 16.7% from the same period in the prior year. Non-interest expenses increased by 5.3% from the same period in theprior year to 302.6 billion yen. Income before income taxes was 46.3 billion yen and net income attributable to NHI shareholders was 23.3 billion
yen for the three months ended June 30, 2023.
Segment Information
Billions of yen
For the three months ended
June 30,
June 30,2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

301.9
287.3
14.6

353.2
302.6
50.6

% Change(B-A)/(A)

17.0
5.3
246.8

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 three months ended June 30, 2023 was 353.2 billion yen, an increase of 17.0% from the same period in the prior year.
Non-interest expenses increased by 5.3% from the same period in the prior year to 302.6 billion yen. Income before income taxes increased by
246.8% to 50.6 billion yen for the three months ended June 30, 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 three months ended
June 30,
June 30,2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

71.4
66.5
4.9

92.1
69.1
22.9

% Change(B-A)/(A)

28.9
4.0
366.8

Net revenue increased by 28.9% from the same period in the prior year to 92.1 billion yen. Non-interest expense increased by 4.0% to 69.1 billion
yen. As a result, income before income taxes increased by 366.8% to 22.9 billion yen.
Operating Results of Investment Management
Billions of yen
For the three months ended
June 30,
June 30,2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

7.6
19.3
(11.7)

26.5
22.9
3.6

% Change(B-A)/(A)

250.0
18.7
—

Net revenue increased by 250.0% from the same period in the prior year to 26.5 billion yen. Non-interest expense increased by 18.7% to22.9 billion yen. As a result, income before income taxes was 3.6 billion yen. Assets under management were 76.1 trillion yen as of June 30, 2023.
Operating Results of Wholesale
Billions of yen
For the three months ended
June 30,
June 30,2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

199.0
173.7
25.3

190.9
188.7
2.1

Net revenue decreased by 4.1% from the same period in the prior year to 190.9 billion yen. Non-interest expense increased by 8.7% to188.7 billion yen. As a result, income before income taxes decreased by 91.7% to 2.1 billion yen.
–3–

% Change(B-A)/(A)

(4.1)
8.7
(91.7)

Other Operating Results
Billions of yen
For the three months ended
June 30,
June 30,2022 (A)2023 (B)Net revenue
Non-interest expenses
Income (loss) before income taxes

23.9
27.8
(3.9)

43.8
21.9
21.9

% Change(B-A)/(A)82.9(21.4)—Net revenue was 43.8 billion yen. Income before income taxes was 21.9 billion yen.
(2) Consolidated Financial Position
Total assets as of June 30, 2023 were 52,493.2 billion yen, an increase of 4,721.4 billion yen compared to March 31, 2023, mainly due to theincrease in Trading assets and Securities purchased under agreements to resell. Total liabilities as of June 30, 2023 were 49,147.4 billion yen, an
increase of 4,599.7 billion yen compared to March 31, 2023, mainly due to the increase in Trading liabilities and Securities sold under agreements
to repurchase. Total equity as of June 30, 2023 was 3,345.8 billion yen, an increase of 121.7 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¥492,259 million as of June 30, 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
June 30,
2023

Increase/(Decrease)

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

4,051,661
381,110
326,951
4,759,722

230,976(27,972)
35,471
238,475

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

4,393,936
338,779
866,733(5,948)5,593,500

380,084(41,132)
47,470(116)
386,306

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

14,787,617
4,357,489
19,145,106

953,157
74,4501,027,607

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

20,516,523
113,470
20,629,993

3,006,589
14,0713,020,660

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

460,045
362,134
98,215
417,498
1,027,028
2,364,920
52,493,241(4,271)
24,773555
15,013
12,321
48,391
4,721,439

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 June 30, 2023
Outstanding - 3,003,679,324 shares as of March 31, 2023 and
3,047,887,446 shares as of June 30, 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 and115,675,155 shares as of June 30, 2023
Total NHI shareholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity–7–

Millions of yen
June 30,
2023

Increase/(Decrease)

1,008,541

827,318(181,223)

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

1,522,698
2,444,351
2,137,388
6,104,437

162,750
644,766(548)
806,968

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

16,405,548
1,610,218
345,929
18,361,695
11,750,705
1,130,375
10,972,872
49,147,402

2,187,582
53,555
11,6102,252,747
1,192,734(45,146)
573,6624,599,742

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

594,493
680,736
1,631,772
418,1023,325,103—(26,453)(15,233)
99,64857,962(118,574)
3,148,567
75,5753,224,142
47,771,802(59,667)
3,265,436
80,403
3,345,839
52,493,241

58,907
116,869
4,828
121,697
4,721,439

(2) Consolidated Statements of Income
Millions of yen
For the three months ended
June 30,
June 30,2022(A)
2023(B)

Revenue:Commissions
Fees from investment banking
Asset management and portfolio service fees
Net gain on trading
Gain (loss) 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)70,431
27,28568,250141,918(4,535)
109,049(1,742)(688)
409,968
110,940
299,028

82,77031,14671,807
115,5636,887
549,651
4,777
30,752
893,353
544,440
348,913

17.5
14.2
5.2
(18.6)
—
404.0
—
—
117.9
390.8
16.7

143,061
28,48849,732
16,3594,699
44,956287,295
11,733
11,340393(1,303)
1,696

158,673
31,36552,836
16,601
6,144
36,984
302,60346,31020,42825,882
2,551
23,331

10.9
10.1
6.2
1.5
30.8
(17.7)
5.3
294.7
80.1
—
—
—

Per share of common stock:Yen% Change

BasicNet income attributable to NHI shareholders per share

0.56

7.71

—

DilutedNet income attributable to NHI shareholders per share

0.52

7.40

—

–8–

(3) Consolidated Statements of Comprehensive Income
Millions of yen
For the three months ended
June 30,
June 30,2022(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 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)393

25,882—

145,318(416)
144,902

128,926(345)
128,581(11.3)—(11.3)

926
(140)
786

532
(125)
407

(42.5)—(48.2)

28,859(5,433)23,426
169,114
169,507
1,147
168,360(37,693)
9,081(28,612)100,376
126,258
3,279
122,979———(40.6)(25.5)
185.9(27.0)

(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 three months ended
June 30,
June 30,2022 (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

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

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

28.9
250.0
(4.1)
11.3
82.9
17.0

(2,849)299,028(4,267)
348,913—
16.7

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

69,10322,898
188,749
280,750
21,853
302,603

4.0
18.7
8.7
8.2
(21.4)
5.3—
287,295—
302,603

—
5.3

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

22,9473,627
2,101
28,675
21,90250,577366.8—(91.7)
55.2
—
246.8

(2,849)11,733(4,267)46,310—294.7

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 three months ended
June 30,
June 30,2022 (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 –(9,807)240
16,993(5,988)(5,330)(3,892)

3,394
8,191
13,718
1,942(5,343)
21,902% Change(B-A)/(A)——(19.3)———

(6) Significant Changes in Equity
Not applicable. For further details of the changes, please refer below.
Millions of yen
For the three months ended
June 30, 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(26,450)(3)
680,736

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

1,647,005
23,331(2,459)(36,105)
1,631,772

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

242,767
127,853
370,620(32,174)407(31,767)
107,861(28,612)
79,249418,102

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)(2)
022,804
36,105(59,667)

Total NHI shareholders’ equity
Balance at end of period

3,265,436

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

75,575
4,828
80,403

Total equity
Balance at end of period

3,345,839– 11 –

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

June 30,
2022

Revenue:Commissions
Fees from investment banking
Asset management and portfolio service fees
Net gain on trading
Gain (loss) 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 noncontrollinginterests
Net income attributable to NHI shareholders

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

70,431
27,28568,250141,918(4,535)
109,049(1,742)(688)
409,968
110,940
299,028

68,152
24,18969,038160,905
5,738
196,893(1,523)
10,460533,852
215,894
317,958

77,50233,78367,035
142,132
8,050
373,283
644
69,812772,241
378,583
393,658

63,772
27,951
67,361
118,3145,251
435,465
1,195
51,356
770,665445,732
324,933

82,77031,14671,807
115,5636,887
549,651
4,777
30,752
893,353
544,440
348,913

29.8
11.4
6.6
(2.3)
31.2
26.2
299.7
(40.1)
15.9
22.1
7.4

279,857
113,208
271,684
563,269
14,504
1,114,690(1,426)130,940
2,486,726
1,151,149
1,335,577

143,061
28,48849,732
16,3594,699
44,956287,295
11,733
11,340393

150,894
28,18352,127
16,643
5,353
33,274286,474
31,484
14,741
16,743

156,275
32,27554,004
17,1806,311
44,047
310,092
83,566
17,62965,937

155,557
30,29153,674
16,675
6,273
39,772302,242
22,691
14,088
8,603

158,673
31,36552,836
16,601
6,144
36,984
302,60346,31020,42825,882

2.0
3.5
(1.6)
(0.4)
(2.1)
(7.0)
0.1
104.1
45.0
200.8

605,787
119,237
209,537
66,857
22,636
162,049
1,186,103
149,474
57,79891,676(1,303)
1,696(28)
16,771(1,007)
66,944

1,228
7,375

2,551
23,331

107.7
216.4

(1,110)92,786Yen% Change

Yen

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

0.56

5.59

22.30

2.46

7.71

213.4

30.86

DilutedNet income attributable to NHI shareholders per share

0.52

5.41

21.51

2.34

7.40

216.2

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.

June 30,
2022

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

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

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

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

22.2(29.9)
6.7
6.0
15.6
7.1

300,191
128,559
772,380
1,201,130
164,718
1,365,848(2,849)299,028(1,815)317,958(20,693)393,658(4,914)
324,933(4,267)
348,913—7.4(30,271)
1,335,577

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

66,995
20,618185,310
272,923
13,551
286,474

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
302,603

5.5
6.6
(2.2)
0.3
(1.6)
0.1

266,695
85,064743,011
1,094,770
91,333
1,186,103—
287,295—
286,474—
310,092—
302,242—302,603—0.1—
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
21,90250,577133.4(77.8)
—
140.0
39.9
83.2

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)46,310—104.1(30,271)
149,474

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.”

June 30,2022

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

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

(9,807)98(1,455)

6,318

3,394

(46.3)(4,846)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

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

32.2
7.6
—
—
39.9

28,38547,744(12,590)
14,69273,385– 13 –

(3)Other
Quarterly financial information for Nomura Securities Co., Ltd. can be found at the following URL.
https://www.nomuraholdings.com/company/group/nsc/pdf/2024_1q.pdf– 14 –