1. Healthcare

News Release
January 29, 2015
NOMURA HOLDINGS, INC.
Financial Summary – Nine months ended December 31, 2014
We are pleased to report the following consolidated financial summary based on the
consolidated financial information under U.S. GAAP for the nine months ended December
31, 2014.
Financial Summary For the Nine Months Ended December 31, 2014 (U.S. GAAP)
Date:
Company name (code number):
Stock exchange listings:
Representative:
For inquiries:
January 29, 2015
Nomura Holdings, Inc. (8604)
(In Japan) Tokyo, Nagoya
(Overseas) New York, Singapore
Koji Nagai
Group CEO, Nomura Holdings, Inc.
Masahide Hoshino
Managing Director, Investor Relations Department, Nomura Holdings, Inc.
Tel: (Country Code 81) 3-5255-1000
URL: http://www.nomura.com
1. Consolidated Operating Results
(1) Operating Results
(Rounded to nearest million)
For the nine months ended December 31
2013
2014
(Millions of yen, except per share data)
% Change from
December 31, 2012
% Change from
December 31, 2013
1,381,070
1,167,132
273,046
1.6%
0.6%
301.3%
1,420,583
1,169,667
241,803
2.9%
0.2%
(11.4%)
Net income attributable to
Nomura Holdings, Inc. ("NHI") shareholders
152,335
514.0%
142,771
(6.3%)
Comprehensive income
244,770
495.2%
284,876
16.4%
Total revenue
Net revenue
Income before income taxes
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
41.09
39.83
8.5%
39.06
38.03
7.3%
Note: Return on shareholders' equity is a ratio of Net income attributable to NHI shareholders to Total NHI shareholders' equity.
(2) Financial Position
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)
At March 31
At December 31
2014
2014
(Millions of yen, except per share data)
2. Cash Dividends
2014
Dividends per share
Dividends record dates
At June 30
At September 30
At December 31
At March 31
For the year
44,103,284
2,771,980
2,714,447
6.2%
744.91
43,520,314
2,553,213
2,513,680
5.8%
676.15
For the year ended March 31
2015
2015 (Plan)
(Yen amounts)
—
8.00
—
9.00
17.00
—
6.00
—
—
—
—
—
—
Unconfirmed
Unconfirmed
Note: Fiscal year 2015 Q4 dividend amount are not presented per reasons stated in "3. Earnings forecasts for the year ending March 31, 2015".
3. Earnings Forecasts for the year ending March 31, 2015
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 policies
a) Changes in accounting policies due to amendments to the accounting standards : None
b) Changes in accounting policies due to other than a) : None
(4) Number of shares issued (common stock)
At March 31
2014
Number of shares outstanding (including treasury stock)
Number of treasury stock
At December 31
2014
3,822,562,601
104,932,139
3,822,562,601
178,580,805
For the nine months ended December 31
2013
2014
Average number of shares outstanding (year-to-date)
3,707,756,280
3,655,507,837
*Quarterly review
The review process of the quarterly consolidated financial statements for this period has not been completed by the external auditors at the point of
disclosing this financial summary.
Table of Contents for the Accompanying Materials
1. Qualitative Information of the Quarterly Consolidated Results....................................................... P.2
(1) Consolidated Operating Results .............................................................................................................. P.2
(2) Consolidated Financial Position ............................................................................................................. P.5
(3) Consolidated Earnings Forecasts ............................................................................................................ P.5
2. Quarterly Consolidated Financial Statements .................................................................................. P.5
(1) Consolidated Balance Sheets .................................................................................................................. P.6
(2) Consolidated Statements of Income ........................................................................................................ P.8
(3) Consolidated Statements of Comprehensive Income .............................................................................. P.9
(4) Note with respect to the Assumption as a Going Concern ...................................................................... P.9
(5) Segment Information – Operating Segment.......................................................................................... P.10
(6) Significant Changes in Equity .............................................................................................................. P.11
3. Supplementary Information.................................................................................................................. P.12
(1) Consolidated Statements of Income – Quarterly Comparatives ........................................................... P.12
(2) Business Segment Information – Quarterly Comparatives ................................................................... P.13
(3) Unconsolidated Quarterly Financial Statements [Japanese GAAP] ..................................................... P.14
(4) Other ..................................................................................................................................................... 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,
2013 (A)
2014 (B)
Net revenue
Non-interest expenses
Income (loss) before income taxes
Income tax expense
Net income (loss)
Less: Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to NHI shareholders
Return on shareholders' equity - annualized
% Change
(B-A)/(A)
1,167.1
894.1
273.0
119.3
153.8
1,169.7
927.9
241.8
98.1
143.7
0.2
3.8
(11.4)
(17.7)
(6.6)
1.4
152.3
8.5%
0.9
142.8
7.3%
(37.5)
(6.3)
-
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
1,169.7 billion yen for the nine months ended December 31, 2014, an increase of 0.2% from the same period
in the prior year. Non-interest expenses increased by 3.8% from the same period in the prior year to 927.9
billion yen. Income before income taxes was 241.8 billion yen and Net income attributable to NHI
shareholders was 142.8 billion yen for the nine months ended December 31, 2014.
Segment Information
Billions of yen
For the nine months ended
December 31,
December 31,
2013 (A)
2014 (B)
Net revenue
Non-interest expenses
Income (loss) before income taxes
1,148.7
894.1
254.6
1,152.5
927.9
224.7
% Change
(B-A)/(A)
0.3
3.8
(11.8)
In the above segment information totals, which exclude unrealized gain (loss) on investments in equity
securities held for operating purposes, Net revenue for the nine months ended December 31, 2014 was
1,152.5 billion yen, an increase of 0.3% from the same period in the prior year. Non-interest expenses
increased by 3.8% from the same period in the prior year to 927.9 billion yen. Income before income taxes
was 224.7 billion yen for the nine months ended December 31, 2014. 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 Retail
Billions of yen
For the nine months ended
December 31,
December 31,
2013 (A)
2014 (B)
Net revenue
Non-interest expenses
Income (loss) before income taxes
414.0
245.3
168.7
% Change
(B-A)/(A)
(14.6)
(5.2)
(28.3)
353.6
232.7
120.9
Net revenue decreased by 14.6% from the same period in the prior year to 353.6 billion yen, primarily due
to decreasing commissions from distribution of investment trusts and brokerage. Non-interest expense
decreased by 5.2% to 232.7 billion yen. As a result, income before income taxes decreased by 28.3% to
120.9 billion yen.
Operating Results of Asset Management
Billions of yen
For the nine months ended
December 31,
December 31,
2013 (A)
2014 (B)
Net revenue
Non-interest expenses
Income (loss) before income taxes
60.0
38.2
21.8
68.5
43.0
25.4
% Change
(B-A)/(A)
14.1
12.6
16.7
Net revenue increased by 14.1% from the same period in the prior year to 68.5 billion yen. Non-interest
expense increased by 12.6% to 43.0 billion yen. As a result, income before income taxes increased by 16.7%
to 25.4 billion yen. Assets under management were 37.7 trillion yen as of December 31, 2014.
3
Operating Results of Wholesale
Billions of yen
For the nine months ended
December 31,
December 31,
2013 (A)
2014 (B)
Net revenue
Non-interest expenses
Income (loss) before income taxes
566.6
488.3
78.3
% Change
(B-A)/(A)
558.4
530.0
28.4
(1.5)
8.5
(63.7)
Net revenue decreased by 1.5% from the same period in the prior year to 558.4 billion yen. Non-interest
expense increased by 8.5% to 530.0 billion yen. As a result, income before income taxes decreased by 63.7%
from the same period in the prior year to 28.4 billion yen.
Other Operating Results
Billions of yen
For the nine months ended
December 31,
December 31,
2013 (A)
2014 (B)
Net revenue
Non-interest expenses
Income (loss) before income taxes
108.0
122.2
(14.2)
172.1
122.2
49.9
Net revenue was 172.1 billion yen. Income before income taxes was 49.9 billion yen.
4
% Change
(B-A)/(A)
59.3
(0.1)
-
(2) Consolidated Financial Position
Total assets as of December 31, 2014 were 44.1 trillion yen, an increase of 583.0 billion yen compared to
March 31, 2014, mainly due to the increase in Trading assets. Total liabilities as of December 31, 2014 were
41.3 trillion yen, an increase of 364.2 billion yen compared to March 31, 2014, mainly due to the increase in
Long-term borrowings. Total equity as of December 31, 2014 was 2.8 trillion yen, an increase of 218.8 billion
yen compared to March 31, 2014.
(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.
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 on June 26, 2014) and Form 20-F (the annual
report filed with the U.S. Securities and Exchange Commission on June 26, 2014) for the year ended March 31,
2014.
The review process of the quarterly consolidated financial statements for this period has not been completed by
the external auditors.
5
(1) Consolidated Balance Sheets (UNAUDITED)
Millions of yen
March 31,
2014
December 31,
2014
Increase/(Decrease)
ASSETS
Cash and cash deposits:
Cash and cash equivalents
Time deposits
Deposits with stock exchanges and other segregated cash
Total cash and cash deposits
1,489,792
363,682
335,836
2,189,310
1,221,794
346,977
379,632
1,948,403
(267,998)
(16,705)
43,796
(240,907)
Loans and receivables:
Loans receivable
Receivables from customers
Receivables from other than customers
Allowance for doubtful accounts
Total loans and receivables
1,327,875
64,070
1,181,742
(3,009)
2,570,678
1,668,019
71,888
1,044,099
(3,078)
2,780,928
340,144
7,818
(137,643)
(69)
210,250
Collateralized agreements:
Securities purchased under agreements to resell
Securities borrowed
Total collateralized agreements
9,617,675
7,729,326
17,347,001
8,658,376
6,904,193
15,562,569
(959,299)
(825,133)
(1,784,432)
Trading assets and private equity investments:
Trading assets*
Private equity investments
Total trading assets and private equity investments
18,672,318
41,996
18,714,314
21,129,727
45,819
21,175,546
2,457,409
3,823
2,461,232
Other assets:
Office buildings, land, equipment and facilities
(net of accumulated depreciation and amortization of
¥350,820 million as of March 31, 2014 and
¥393,541 million as of December 31, 2014)
Non-trading debt securities*
Investments in equity securities*
Investments in and advances to affiliated companies*
Other
Total other assets
408,917
1,023,746
136,740
345,434
784,174
2,699,011
426,740
944,155
152,681
367,015
745,247
2,635,838
17,823
(79,591)
15,941
21,581
(38,927)
(63,173)
43,520,314
44,103,284
582,970
Total assets
*Including securities pledged as collateral
6
March 31,
2014
Millions of yen
December 31,
2014
Increase/(Decrease)
LIABILITIES AND EQUITY
602,131
577,541
492,516
1,230,176
1,114,181
2,836,873
711,482
1,513,356
1,177,108
3,401,946
218,966
283,180
62,927
565,073
13,937,690
2,359,809
814,500
17,111,999
13,481,017
2,658,835
614,383
16,754,235
(456,673)
299,026
(200,117)
(357,764)
Trading liabilities
Other liabilities
Long-term borrowings
11,047,285
1,141,750
8,227,063
10,892,078
1,141,479
8,564,025
(155,207)
(271)
336,962
Total liabilities
40,967,101
41,331,304
364,203
594,493
683,638
1,287,003
20,636
594,493
681,926
1,403,294
154,699
(1,712)
116,291
134,063
2,585,770
2,834,412
248,642
(72,090)
2,513,680
(119,965)
2,714,447
(47,875)
200,767
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
Equity
NHI shareholders' equity:
Common stock
Authorized - 6,000,000,000 shares
Issued - 3,822,562,601 shares as of March 31, 2014 and
3,822,562,601 shares as of December 31, 2014
Outstanding - 3,717,630,462 shares as of March 31, 2014 and
3,643,981,796 shares as of December 31, 2014
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income
Total NHI shareholders' equity before treasury stock
Common stock held in treasury, at cost 104,932,139 shares as of March 31, 2014 and
178,580,805 shares as of December 31, 2014
Total NHI shareholders' equity
39,533
2,553,213
43,520,314
Noncontrolling interests
Total equity
Total liabilities and equity
7
57,533
2,771,980
44,103,284
(24,590)
18,000
218,767
582,970
(2) Consolidated Statements of Income (UNAUDITED)
Millions of yen
For the nine months ended
% Change
(B-A)/(A)
December 31,
2013(A)
December 31,
2014(B)
Revenue:
Commissions
Fees from investment banking
Asset management and portfolio service fees
Net gain on trading
Gain on private equity investments
Interest and dividends
Gain on investments in equity securities
Other
Total revenue
Interest expense
Net revenue
384,681
64,147
125,157
347,133
11,738
316,018
20,394
111,802
1,381,070
213,938
1,167,132
334,317
69,262
144,441
397,041
30
329,264
21,031
125,197
1,420,583
250,916
1,169,667
(13.1)
8.0
15.4
14.4
(99.7)
4.2
3.1
12.0
2.9
17.3
0.2
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
437,418
83,154
142,228
59,613
28,361
143,312
894,086
452,394
95,277
139,569
55,997
26,025
158,602
927,864
3.4
14.6
(1.9)
(6.1)
(8.2)
10.7
3.8
Income before income taxes
Income tax expense
Net income
273,046
119,274
153,772
241,803
98,134
143,669
(11.4)
(17.7)
(6.6)
Less: Net income attributable to noncontrolling interests
Net income attributable to NHI shareholders
1,437
152,335
898
142,771
(37.5)
(6.3)
Per share of common stock:
% Change
Yen
BasicNet income attributable to NHI shareholders per share
41.09
39.06
(4.9)
DilutedNet income attributable to NHI shareholders per share
39.83
38.03
(4.5)
8
(3) Consolidated Statements of Comprehensive Income (UNAUDITED)
Millions of yen
For the nine months ended
December 31,
December 31,
2013(A)
2014(B)
Net income
Other comprehensive income:
Change in cumulative translation adjustments, net of tax
Defined benefit pension plans:
Pension liability adjustment
Deferred income taxes
Total
Non-trading securities:
Net unrealized gain on non-trading securities
Deferred income taxes
Total
Total other comprehensive income
Comprehensive income
Less: Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to NHI shareholders
9
(B-A)/(A)
153,772
143,669
(6.6)
84,608
124,596
47.3
2,883
(974)
1,909
1,187
(430)
757
(58.8)
(60.3)
6,844
(2,363)
4,481
22,382
(6,528)
15,854
227.0
253.8
90,998
141,207
55.2
244,770
3,679
241,091
284,876
8,042
276,834
16.4
118.6
14.8
(4) Note with respect to the Assumption as a Going Concern (UNAUDITED)
Not applicable.
% Change
(5) Segment Information – Operating Segment (UNAUDITED)
The following table shows business segment information and reconciliation items to the consolidated
statements of income.
% Change
M illions of yen
For the nine months ended
December 31,
2013 (A)
Net revenue
Business segment information:
Retail
Asset Management
Wholesale
Subtotal
Other
Net revenue
Reconciliation items:
Unrealized gain (loss) on investments in equity
securities held for operating purposes
Net revenue
December 31,
2014 (B)
(B-A)/(A)
414,047
60,015
566,623
1,040,685
108,047
1,148,732
353,591
68,468
558,399
980,458
172,081
1,152,539
(14.6)
14.1
(1.5)
(5.8)
59.3
0.3
18,400
1,167,132
17,128
1,169,667
(6.9)
0.2
245,313
38,226
488,301
771,840
122,246
894,086
232,651
43,037
530,000
805,688
122,176
927,864
(5.2)
12.6
8.5
4.4
(0.1)
3.8
894,086
927,864
3.8
168,734
21,789
78,322
268,845
(14,199)
254,646
120,940
25,431
28,399
174,770
49,905
224,675
(28.3)
16.7
(63.7)
(35.0)
(11.8)
18,400
273,046
17,128
241,803
(6.9)
(11.4)
Non-interest expenses
Business segment information:
Retail
Asset 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:
Retail
Asset 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".
M illions of yen
For the nine months ended
December 31,
2013 (A)
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
10,856
1,994
22,398
(34,999)
(14,448)
(14,199)
Note: Certain reclassifications of previously reported amounts have been made to conform to the current presentation.
10
% Change
December 31,
2014 (B)
15,463
3,903
29,675
(14,642)
15,506
49,905
(B-A)/(A)
42.4
95.7
32.5
-
(6) Significant Changes in Equity (UNAUDITED)
Not applicable. For further details of the changes, please refer below.
Millions of yen
For the nine months ended
December 31, 2014
Common stock
Balance at beginning of year
Balance at end of period
594,493
594,493
Additional paid-in capital
Balance at beginning of year
Gain (loss) on sales of treasury stock
Issuance and exercise of common stock options
Balance at end of period
683,638
(2,417)
705
681,926
Retained earnings
Balance at beginning of year
Net income attributable to NHI shareholders
Cash dividends
Gain (loss) on sales of treasury stock
Balance at end of period
1,287,003
142,771
(21,841)
(4,639)
1,403,294
Accumulated other comprehensive income
Cumulative translation adjustments
Balance at beginning of year
Net change during the period
Balance at end of period
27,704
119,129
146,833
Defined benefit pension plans
Balance at beginning of year
Pension liability adjustment
Balance at end of period
(18,809)
757
(18,052)
Non-trading securities
Balance at beginning of year
Net unrealized gain on non-trading securities
Balance at end of period
11,741
14,177
25,918
Balance at end of period
154,699
Common stock held in treasury
Balance at beginning of year
Repurchases of common stock
Sale of common stock
Common stock issued to employees
Balance at end of period
(72,090)
(69,705)
4
21,826
(119,965)
Total NHI shareholders' equity
Balance at end of period
2,714,447
Noncontrolling interests
Balance at beginning of year
Net change during the period
Balance at end of period
39,533
18,000
57,533
Total equity
Balance at end of period
2,771,980
11
12
157,634
25,394
42,381
128,409
50
115,325
7,852
28,225
505,270
73,949
431,321
163,205
29,046
48,233
19,784
7,859
49,975
318,102
113,219
46,956
66,263
369
65,894
17.78
17.24
Revenue:
Commissions
Fees from investment banking
Asset management and portfolio service fees
Net gain on trading
Gain (loss) on private equity 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
Per share of common stock:
BasicNet income attributable to NHI shareholders per share
DilutedNet income attributable to NHI shareholders per share
June 30,
2013
9.99
10.29
272
38,112
72,933
34,549
38,384
135,391
26,134
46,240
20,830
9,473
45,389
283,457
105,613
22,984
40,702
110,180
703
98,091
5,037
45,069
428,379
71,989
356,390
September 30,
2013
12.65
13.02
796
48,329
86,894
37,769
49,125
138,822
27,974
47,755
18,999
11,029
47,948
292,527
121,434
15,769
42,074
108,544
10,985
102,602
7,505
38,508
447,421
68,000
379,421
December 31,
2013
16.02
16.48
Yen
1,421
61,256
88,568
25,891
62,677
132,640
28,695
49,940
20,529
10,124
59,442
301,370
89,876
27,154
42,090
129,223
(346)
100,332
(5,238)
67,683
450,774
60,836
389,938
March 31,
2014
Millions of yen
For the three months ended
(1) Consolidated Statements of Income – Quarterly Comparatives (UNAUDITED)
3. Supplementary Information
5.26
5.40
1,417
19,860
51,674
30,397
21,277
168,767
27,590
44,896
18,553
7,927
51,431
319,164
96,281
19,822
45,444
158,562
(287)
104,917
6,350
31,065
462,154
91,316
370,838
June 30,
2014
14.15
14.53
239
52,872
74,005
20,894
53,111
140,823
33,599
45,961
18,224
9,071
52,150
299,828
112,132
20,620
48,395
129,011
489
108,775
2,884
28,514
450,820
76,987
373,833
September 30,
2014(A)
18.72
19.22
(758)
70,039
116,124
46,843
69,281
142,804
34,088
48,712
19,220
9,027
55,021
308,872
125,904
28,820
50,602
109,468
(172)
115,572
11,797
65,618
507,609
82,613
424,996
December 31,
2014(B)
32.3
32.3
% Change
32.5
56.9
124.2
30.4
1.4
1.5
6.0
5.5
(0.5)
5.5
3.0
55.81
57.57
Yen
2,858
213,591
361,614
145,165
216,449
570,058
111,849
192,168
80,142
38,485
202,754
1,195,456
474,557
91,301
167,247
476,356
11,392
416,350
15,156
179,485
1,831,844
274,774
1,557,070
(B-A)/(A)
12.3
39.8
4.6
(15.1)
6.2
309.0
130.1
12.6
7.3
13.7
Millions of yen
For the year ended
March 31,
2014
% Change
13
39,956
6,172
25,285
71,413
(3,517)
67,896
5,037
72,933
7,164
113,219
283,457
318,102
81,105
6,691
25,237
113,033
(6,978)
106,055
79,774
12,454
158,063
250,291
33,166
283,457
5,037
356,390
7,164
431,321
85,237
13,483
169,372
268,092
50,010
318,102
119,730
18,626
183,348
321,704
29,649
351,353
September 30,
2013
166,342
20,174
194,609
381,125
43,032
424,157
June 30,
2013
6,199
86,894
47,673
8,926
27,800
84,399
(3,704)
80,695
292,527
80,302
12,289
160,866
253,457
39,070
292,527
6,199
379,421
127,975
21,215
188,666
337,856
35,366
373,222
December 31,
2013
(1,667)
0
8,884
(8,701)
(2,033)
(3,517)
7,373
688
5,343
(12,344)
(8,038)
(6,978)
September 30,
2013
Note: Certain reclassifications of previously reported amounts have been made to conform to the current presentation.
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
June 30,
2013
1,306
8,171
(13,954)
(4,377)
(3,704)
5,150
December 31,
2013
2,434
6,173
(3,773)
22,798
34,179
6,547
March 31,
2014
Millions of yen
For the three months ended
(7,672)
88,568
23,267
5,318
33,476
62,061
34,179
96,240
301,370
74,602
15,147
164,998
254,747
46,623
301,370
(7,672)
389,938
97,869
20,465
198,474
316,808
80,802
397,610
March 31,
2014
* 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".
Business segment information:
Retail
Asset 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
Income (loss) before income taxes
Business segment information:
Retail
Asset Management
Wholesale
Subtotal
Other
Non-interest expenses
Reconciliation items:
Unrealized gain (loss) on investments in equity
securities held for operating purposes
Non-interest expenses
Non-interest expenses
Business segment information:
Retail
Asset Management
Wholesale
Subtotal
Other
Net revenue
Reconciliation items:
Unrealized gain (loss) on investments in equity
securities held for operating purposes
Net revenue
Net revenue
Millions of yen
For the three months ended
2,853
3,499
(3,093)
(7,624)
2,554
6,919
292
7,963
(8,389)
499
2,534
2,169
September 30,
2014(A)
2,592
74,005
3,497
51,674
June 30,
2014
38,863
7,809
22,207
68,879
2,534
71,413
299,828
79,075
13,882
168,363
261,320
38,508
299,828
2,592
373,833
117,938
21,691
190,570
330,199
41,042
371,241
September 30,
2014(A)
31,608
8,274
5,741
45,623
2,554
48,177
319,164
75,257
15,064
183,145
273,466
45,698
319,164
3,497
370,838
106,865
23,338
188,886
319,089
48,252
367,341
June 30,
2014
The following table shows quarterly business segment information and reconciliation items to the consolidated statements of income.
(2) Business Segment Information – Quarterly Comparatives (UNAUDITED)
758
18,213
(3,160)
22,631
44,817
6,375
December 31,
2014(B)
11,039
116,124
50,469
9,348
451
60,268
44,817
105,085
308,872
78,319
14,091
178,492
270,902
37,970
308,872
11,039
424,996
128,788
23,439
178,943
331,170
82,787
413,957
December 31,
2014(B)
159.6
128.7
-
4,428
28,571
(38,772)
8,350
19,980
17,403
(B-A)/(A)
193.9
Millions of yen
For the year ended
M arch 31,
2014
10,728
361,614
192,001
27,107
111,798
330,906
19,980
350,886
1,195,456
319,915
53,373
653,299
1,026,587
168,869
1,195,456
10,728
1,557,070
% Change
325.9
56.9
29.9
19.7
(98.0)
(12.5)
47.2
3.0
(1.0)
1.5
6.0
3.7
(1.4)
3.0
325.9
13.7
511,916
80,480
765,097
1,357,493
188,849
1,546,342
(B-A)/(A)
9.2
8.1
(6.1)
0.3
101.7
11.5
M illions of yen
For the year ended
M arch 31,
2014
% Change
(3) Unconsolidated Quarterly Financial Statements [Japanese GAAP]
Unconsolidated quarterly financial statements have been voluntarily disclosed and prepared based on
regulatory rules.
Nomura Holdings, Inc. Unconsolidated Balance Sheets
(UNAUDITED)
Millions of yen
March 31, 2014
December 31, 2014
Assets
Current Assets
Fixed Assets
3,296,666
2,893,448
3,633,523
2,968,490
Total Assets
6,190,114
6,602,013
Liabilities
Current Liabilities
Long-term Liabilities
1,133,679
3,138,160
1,183,865
3,315,503
Total Liabilities
4,271,838
4,499,368
Net Assets
Shareholders' equity
Valuation and translation adjustments
Stock acquisition rights
1,819,381
54,949
43,946
1,989,419
70,032
43,194
Total Net Assets
1,918,276
2,102,645
Total Liabilities and Net Assets
6,190,114
6,602,013
Nomura Holdings, Inc. Unconsolidated Statements of Income
(UNAUDITED)
Millions of yen
For the nine months ended
December 31, 2013
December 31, 2014
Operating revenue
343,277
398,701
Operating expenses
158,664
168,771
Operating income
184,613
229,931
3,329
3,068
Non-operating income
Non-operating expenses
2,686
2,574
185,256
230,424
Special profits
3,485
66,970
Special losses
2,305
1,264
Income before income taxes
186,436
296,130
Income taxes - current
(54,417)
(27,756)
Income taxes - deferred
Net income
57,448
43,598
183,406
280,289
Ordinary income
(4) Other
Quarterly financial information for Nomura Securities Co., Ltd. can be found on the following URL.
http://www.nomuraholdings.com/company/group/nsc/pdf/2015_3q.pdf
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