Nomura Holdings, Inc. today announced its consolidated financial results for the fourth quarter and full year ended March 31, 2026.

For the full-year period, net revenue was 2,167.7 billion yen (US$13.6 billion), representing an increase of 15% year on year. Income before income taxes increased 14% to 539.8 billion yen (US$3.4 billion), and net income attributable to Nomura Holdings shareholders was 362.1 billion yen (US$2.3 billion), up 6% year on year. Diluted net income attributable to Nomura Holdings shareholders per share was 118.99 yen.

Net revenue in the fourth quarter was 577.2 billion yen (US$3.6 billion), increasing 5% quarter on quarter and 27 percent year on year. Income before income taxes was 107.7 billion yen (US$677 million) and net income attributable to Nomura Holdings shareholders was 73.9 billion yen (US$465 million). Diluted net income attributable to Nomura Holdings shareholders per share was 24.34 yen.

Kentaro Okuda, Nomura President and Group CEO, commented:

“We reported a strong full-year performance as our business model transformation initiatives continued to bear fruit. Profitability improved and our operating platform became even stronger.

Four segment pretax income was 506.9 billion yen and ROE was 10.1 percent, reflecting solid progress toward our 2030 management vision of Reaching for Sustainable Growth. Net income reached a record high of 362.1 billion yen.

Wealth Management had its best performance since the division was established in the fiscal year ended March 2002. Recurring revenue was at an all-time high and recurring revenue assets saw continued net inflows as we made further progress in our full-service asset management business.

The recurring revenue cost coverage ratio rose to 72 percent, reflecting higher revenues and disciplined cost controls.

Wholesale pretax income was at an all-time high, underpinned by growth in Global Markets and Investment Banking revenues.

In Investment Management, assets under management climbed to 136.9 trillion yen and business revenue increased significantly, thanks to market factors, continued net inflows, and contributions from the overseas businesses we recently acquired.

In our Banking Division, loans outstanding and investment trust balances grew, resulting in higher revenues than last year.

We will continue to pursue new growth opportunities and expand our business, while steadily strengthening our organizational base and working to enhance our corporate value.”