Nomura Holdings, Inc. Q3 2026 Earnings Recap

Nomura Holdings reported a solid third quarter for the fiscal year ending March 2026, with group-wide net revenue up 7% to JPY 551.8 billion and a return on equity of 10.3%, exceeding the target range for seven consecutive quarters.

Key Takeaways

• Wealth Management division achieved a 30% quarter-over-quarter growth in net income, driven by strong recurring revenue and net inflows of JPY 503.9 billion.
• Investment Management's revenues reached an all-time high, although profits were impacted by one-time expenses related to the Macquarie acquisition.
• Share buyback program announced, committing to repurchase up to 100 million shares and JPY 60 billion to enhance shareholder return.
• Return on equity stands at 10.3%, with a year-to-date income before income taxes increase of 15%, slightly ahead of the JPY 500 billion target for fiscal 2026.