Here are the 424B prospectus supplements from Nomura Holdings, Inc (NMR) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow NMR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NMR filings page.
Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees 5.75% senior global medium-term notes issued by Nomura America Finance, LLC, due November 12, 2031. The unsecured notes pay interest annually in arrears. The public price is 100.00% of principal; the minimum initial investment is $1,000. The distribution agent's commission is up to 1.15%, and proceeds to the issuer are at least 98.85% of principal per note.
The issuer may redeem all, but not part, of the notes on annual interest payment dates from November 27, 2027 through November 27, 2030, for principal plus accrued and unpaid interest, with at least five business days' notice. The stated dates are subject to change in the final pricing supplement. Payment and market value depend on Nomura's creditworthiness; a liquid secondary market is not assured, and the notes may sell below issue price. The tax treatment is uncertain.
Nomura Holdings Inc. (NMR) guarantees $550,000 of contingent-coupon notes issued by Nomura America Finance, LLC, linked to the least-performing of the Nasdaq-100, S&P 500 and Russell 2000 indexes. The notes are unsecured and unlisted. The public price is 100.00% of principal; Nomura America Finance receives $541,750 after an $8,250 agent commission.
A $26.875 coupon per $1,000 is payable each quarter only if all three indexes close at or above their respective barriers, set at 70.00% of initial value. Coupons can be skipped. If the notes are not redeemed, maturity payment is principal plus the final coupon when the least-performing index is at or above its barrier; below it, repayment falls with that index and can be zero. Nomura America Finance may redeem the notes starting May 13, 2027. Estimated value at pricing was $971.70 per $1,000, below the $1,000 public price.
Subject to completion, Nomura America Finance, LLC is making a primary offering of unsecured notes. Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees the notes, and Nomura America Finance receives proceeds from the initial sale.
Nomura Holdings, Inc. (NMR) guarantees $369,000 aggregate face amount of callable contingent-coupon index-linked notes issued by Nomura America Finance, LLC, with stated maturity on November 9, 2029. Each $1,000 face amount may pay a $10.167 monthly coupon only if all three underliers—the S&P 500, Russell 2000 and Nasdaq-100—close at or above 70% of their initial levels on the observation date; otherwise that month's coupon is $0. The potential coupon is up to approximately 12.20% per annum.
If the notes are not redeemed, maturity payment depends on the least-performing underlier: holders receive $1,000 per $1,000 face amount if each underlier finishes at or above 60% of its initial level. If any finishes below that level, payment is $1,000 plus $1,000 multiplied by the least-performing underlier return, and may be zero. The issuer may redeem all, but not part, on coupon payment dates from February 11, 2027 through October 11, 2029, for $1,000 per $1,000 face amount plus any coupon due. The notes are unsecured obligations, guaranteed by NMR. Their estimated value when terms were set on November 6, 2026 was $981.60 per $1,000 face amount, compared with an original issue price of $1,000; the notes are not listed on a securities exchange.
Nomura America Finance, LLC priced US$600,000 of issuer-redeemable contingent-coupon barrier notes, fully and unconditionally guaranteed by Nomura Holdings, Inc. The unsecured notes are linked to the least-performing of the Nasdaq-100, S&P 500 and Russell 2000 indexes and are scheduled to mature November 9, 2029.
Each monthly coupon is $10.625 per $1,000 (1.0625% monthly, equivalent to 12.75% per annum) only when all three indexes close at or above their 70% contingent coupon barriers; otherwise, that period’s coupon is not paid. Nomura America Finance may redeem the notes on an optional redemption date on or after May 11, 2027, paying principal plus a coupon if payable.
If not redeemed, maturity payment is $1,000 plus the final coupon when the least-performing index is at or above its 70% barrier. Below that barrier, payment is $1,000 plus $1,000 multiplied by that index’s performance, so principal loss can reach 100%. The trade-date estimated value was $982.90 per $1,000, below the public price. The initial pricing table lists $598,500 in proceeds to the issuer and a 0.25% agent commission; the notes will not be exchange-listed.
Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees $203,000 of buffered notes issued by its affiliate Nomura America Finance, LLC, linked to the Russell 2000 Index and due December 9, 2027. The notes are offered at 100% of principal; stated proceeds to Nomura America Finance, LLC are $202,492.50 after a $507.50 agent’s commission.
For each $1,000 note, index gains are passed through at 100% participation but capped at an 18% maximum return. At maturity, a decline of up to 15% leaves the payment at $1,000; losses beyond that buffer reduce principal dollar for dollar, with losses of up to 85%. The initial index value was 2,729.887 on November 5, 2026, and the buffer value is 2,320.404.
The notes pay no interest and are unsecured obligations of Nomura America Finance, LLC, guaranteed by Nomura Holdings. Their estimated value when terms were set was $989.70 per $1,000 principal amount, below the public offering price. The notes are not exchange-listed, and there may be little or no secondary market.
Nomura Holdings Inc. (NMR) guarantees $3,197,000 principal amount of senior notes issued by Nomura America Finance, LLC, linked to the least performing of the S&P 500, Nasdaq-100 and Russell 2000 indexes and due November 8, 2029. The notes offer a contingent coupon of $10.175 per $1,000 principal amount, equal to 1.0175% monthly, only when each index closes at or above its 70% coupon barrier on an observation date.
If any index is below its coupon barrier, no coupon is payable for that observation. Unless redeemed early, the maturity payment per $1,000 is $1,000 plus the final coupon if the least-performing index is at or above 70% of its initial value, $1,000 if it is from 60% to below 70%, and is reduced one-for-one with that index’s decline below 60%; principal loss can reach 100%. Nomura America Finance may redeem the notes on an optional redemption date on or after May 10, 2027, paying principal plus any coupon then payable. The notes are unsecured, guaranteed by Nomura Holdings, and will not be exchange-listed. Their estimated value at pricing was $986.40 per $1,000, compared with the $1,000 public price.
Nomura Holdings, Inc. (NMR) guarantees callable contingent-coupon notes offered by Nomura America Finance, LLC; the terms are subject to completion and expected to be set on the trade date. The notes are linked to the Dow Jones Industrial Average, Russell 2000 and Nasdaq-100.
For each $1,000 face amount, a monthly coupon of $11.167 is payable only if all three indexes close at or above 70% of their respective initial levels on the observation date; otherwise, that month's coupon is $0. The stated coupon rate is 1.1167% monthly, with the potential for up to approximately 13.40% per annum.
If the notes are not redeemed, maturity payment is $1,000 per $1,000 face amount when every final index level is at least 70% of its initial level. If any falls below that threshold, payment depends on the least-performing index and may be zero, exposing investors to loss of the entire investment. Upside repayment is limited to face amount, apart from coupons. Nomura America Finance may redeem all, but not part, of the notes on coupon payment dates from February 11, 2027 through October 12, 2028 for $1,000 per $1,000 face amount plus any coupon due. The estimated value at the trade date is expected to be $955.60 to $985.60 per $1,000 face amount, below the original issue price.
Nomura America Finance, LLC is offering issuer-redeemable contingent-coupon barrier notes linked to the least-performing of the S&P 500, Russell 2000 and EURO STOXX 50 indexes; Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees them. The preliminary terms are subject to completion; denominations are $1,000 and integral multiples.
The contingent coupon is at least $40.75 per $1,000 principal amount, equivalent to at least 4.075% quarterly and 16.30% per annum, to be determined on the trade date. A coupon is payable only when each index closes at or above its 80.00%-of-initial-value barrier on an observation date. If the notes are not redeemed, the scheduled November 14, 2028 maturity payment is principal plus the final coupon if the least-performing index meets its barrier; below it, the payment reflects that index’s performance, and the notes can lose up to 100% of principal.
The issuer may redeem the notes on an optional redemption date on or after February 12, 2027, for principal plus any coupon payable. The estimated value is expected to be $955.60 to $985.60 per $1,000 when terms are set, below the 100.00% public price. The notes are unsecured and are not deposits insured by the FDIC or another governmental agency.
Nomura Holdings Inc. guarantees proposed notes that Nomura America Finance, LLC is offering, linked to the least-performing of the S&P 500, Russell 2000 and EURO STOXX 50 indexes. The notes offer a contingent coupon of at least $32.125 per $1,000 principal amount each quarter, equivalent to at least 3.2125% quarterly and 12.85% per annum; the rate is to be determined on the trade date. A coupon is payable only if all three indexes close at or above their 70.00% coupon barriers on an observation date. The issuer may redeem the notes on optional redemption dates beginning February 12, 2027. Stated maturity is November 15, 2029, subject to postponement under the market-disruption terms.
If the notes are not redeemed, the maturity payment depends on the least-performing index. At or above its 70.00% barrier, payment is $1,000 plus the final contingent coupon; below the barrier, payment is $1,000 plus $1,000 multiplied by that index’s performance, and holders may lose up to 100% of principal. The notes are unsecured, unlisted and subject to Nomura credit risk. Their estimated value is expected to be $955.60–$985.60 per $1,000 principal amount, below the public price of 100.00% of principal.
Nomura Holdings, Inc. (NMR) guarantees contingent coupon barrier notes issued by its subsidiary Nomura America Finance, LLC, linked to the least-performing of the S&P 500, Russell 2000 and Nasdaq-100 indexes and due November 14, 2030. The notes pay an approximately 0.9083% monthly coupon, equivalent to at least 10.90% per annum, only if all three indexes close at or above 70.00% of their initial values on each observation date; the rate is to be determined on the trade date.
At maturity, if the least-performing index is at or above 70.00%, holders receive principal plus any final coupon; from 60.00% to below 70.00%, principal is returned without a final coupon; below 60.00%, principal is exposed to one-for-one losses, up to 100%. Nomura America Finance may redeem the notes, in whole but not in part, on or after May 13, 2027, for principal plus any payable coupon. The unsecured notes are not exchange-listed. Their estimated value when terms are set on the trade date is expected to be $941.80–$971.80 per $1,000 principal amount, below the public price.
Nomura America Finance, LLC is offering, subject to completion, autocallable memory-coupon notes linked to the lower-performing of SPY and QQQ; Nomura Holdings Inc. (NMR) fully and unconditionally guarantees them. The unsecured notes pay at least 2.7125% quarterly (equivalent to approximately 10.85% per annum; rate set on the trade date) only if both funds close at or above 75% of their initial values on an observation date. Missed coupons may be paid later if both meet that threshold. The notes may be called quarterly starting February 12, 2027, if both funds are at or above 100% of initial value, with payment of principal and applicable and unpaid coupons. If not called, the May 17, 2028 maturity payment is principal plus coupons if the least-performing fund's May 12, 2028 final value is at least 75%; below that barrier, repayment falls with the fund and could be zero.
The estimated value is expected to be $950.40–$980.40 per $1,000 principal amount, below the 100% public price. The distribution agent's commission is up to 1.50%, and issuer proceeds are at least 98.50% per note. Payments are subject to the credit risk of both the issuer and guarantor. Scheduled dates are subject to change.
Nomura America Finance, LLC is offering $635,000 principal amount of leveraged buffered notes linked to the S&P 500 Futures Excess Return Index. Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees the notes. The public price is 100.00% of principal; the issuer receives $633,730 after a $1,270 distribution-agent commission.
For each $1,000 note, the maturity payment depends on the index’s final value versus its 609.05 initial value. If the index rises, the notes participate at 183.00% of the gain. A decline of up to 30.00% returns principal without a gain; below the 426.34 buffer value, losses apply one-for-one beyond the buffer, up to a 70.00% principal loss. The notes pay no interest.
The stated maturity date is May 9, 2030, subject to business-day adjustment and possible postponement. The notes are unsecured, unlisted obligations and expose holders to the credit risk of the issuer and guarantor. The estimated value when terms were set was $998.20 per $1,000 principal amount, below the $1,000 public price.
Nomura Holdings, Inc. (NMR) guarantees callable contingent coupon index-linked notes due 2029 issued by Nomura America Finance, LLC, which will sell them to Goldman Sachs & Co. LLC. The expected terms, set on the trade date, link payments to the S&P 500, Russell 2000 and Nasdaq-100.
For each $1,000 face amount, the notes pay a $10.167 monthly coupon (1.0167%, or potential for up to approximately 12.20% per annum) only when all three indexes close at or above 70% of their initial levels; otherwise the coupon is $0. If not redeemed, the maturity payment is $1,000 when every index is at least 60% of its initial level. Below that threshold, the weakest index’s full decline reduces repayment, potentially to zero. Upside is limited to face amount plus coupons.
Nomura America Finance may redeem all, but not part, on coupon payment dates from February 11, 2027 through October 11, 2029, for $1,000 per $1,000 face amount plus any coupon then due. Estimated value is expected at $950.20–$980.20 per $1,000, below the original issue price. The notes are unsecured obligations of Nomura America Finance, guaranteed by Nomura Holdings, and are not listed on an exchange.
Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees unsecured buffered notes offered by Nomura America Finance, LLC, linked to the Russell 2000® Index and scheduled to mature December 9, 2027. The pricing supplement is subject to completion; the notes provide 100.00% participation in positive index performance, capped at a maximum return of at least 18.00%, to be determined on the trade date.
If the index ends unchanged or declines by no more than 15.00% from its initial value, the contractual payment is $1,000 per $1,000 principal amount. Below that buffer, losses track declines beyond 15.00%, with a potential loss of up to 85.00%. The notes pay no interest and will not be listed on a securities exchange.
The estimated value is expected to be $961.70 to $991.70 per $1,000 principal amount, below the 100.00% public offering price. The original issue date is expected to be November 12, 2026; the final valuation date is December 6, 2027, and the stated maturity date is December 9, 2027, subject to the stated change and postponement provisions. Payments are subject to the credit risk of both Nomura America Finance and Nomura Holdings.
Nomura Holdings, Inc. (NMR), as guarantor, guarantees $965,000 principal amount of contingent-coupon notes issued by Nomura America Finance, LLC, due November 8, 2029. The notes are unsecured and will not be listed on an exchange. The public price is 100.00% of principal; Nomura America Finance receives $963,070 after a $1,930 agent commission.
Each quarterly contingent coupon is $26.375 per $1,000 when all three reference assets—the Nasdaq-100, Russell 2000 and EURO STOXX 50—close at or above their respective 55.00% barriers on an observation date; otherwise, that period’s coupon is not paid. The issuer may redeem on any optional redemption date on or after February 8, 2027.
If not redeemed, the maturity payment depends on the least-performing asset: at or above its 55.00% barrier, payment includes principal plus the final contingent coupon; below it, payment falls with that asset’s performance from its initial value, and principal loss can reach 100%. The estimated trade-date value was $981.40 per $1,000, below the public price.
Nomura America Finance, LLC is issuing $4,974,000 of issuer-redeemable contingent-coupon barrier notes, fully and unconditionally guaranteed by Nomura Holdings, Inc. (NMR). The unsecured notes are linked to the least-performing of the S&P 500, Russell 2000 and EURO STOXX 50 indexes. The public price is 100.00% of principal, while the estimated value when terms were set was $983.90 per $1,000. The notes will not be exchange-listed, and affiliates are not required to make a market.
Each quarter, holders receive $31.875 per $1,000 only if all three indexes close at or above their respective 70.00% barriers; otherwise that quarter’s coupon is not paid. At maturity, a least-performing reference asset at or above its barrier returns principal plus the final coupon; below the barrier, principal repayment declines one-for-one with its performance, and holders may lose up to 100% of principal. The issuer may redeem on any optional redemption date on or after February 8, 2027; stated maturity is November 8, 2029.
Nomura America Finance, LLC is offering issuer-redeemable contingent-coupon notes guaranteed by Nomura Holdings, Inc. (NMR), linked to the least-performing of the Nasdaq-100, S&P 500 and Russell 2000 indexes. Each $1,000 note may pay at least $25.625 per quarter if every index closes at or above 70.00% of its initial value on a coupon observation date; if any is below, that quarter’s coupon is not payable. The coupon rate is at least 2.5625% quarterly, equivalent to at least 10.25% per annum, with the rate to be determined on the trade date.
If the notes are not redeemed early, maturity payment is $1,000 plus the final coupon when the weakest index is at or above its 70.00% barrier; below it, payment falls with that index’s performance and principal loss can reach 100%. Nomura America Finance may redeem on an optional redemption date on or after May 13, 2027. The notes are unsecured and unlisted; their estimated value is expected to be $939.00–$969.00 per $1,000 when terms are set, below the public price. The dates are subject to change and will be set in the final pricing supplement.
Nomura Holdings Inc. (NMR) guarantees buffered notes offered by Nomura America Finance, LLC, linked to the S&P 500 Index and scheduled to mature December 6, 2027. For each $1,000 principal amount, positive index performance receives 100.00% participation, capped at a maximum return of at least 8.70%; the maximum return is to be determined on the trade date. If the final index value is at or below its initial value but at least 70.00% of it, the maturity payment is $1,000. Below that buffer, losses track declines beyond 30.00%, with a potential loss of up to 70.00% of principal.
The notes pay no interest and do not guarantee return of principal. They are unsecured obligations of Nomura America Finance, LLC, guaranteed by Nomura Holdings Inc. The original issue price is 100.00% of principal, while the estimated value is expected to be $955.50–$985.50 per $1,000 principal amount when terms are set. The notes will not be listed on an exchange; affiliate market-making is voluntary. Dates may change in the final pricing supplement, and maturity may be postponed for specified market disruption events.
Nomura Holdings Inc. (NMR) guarantees $2,037,000 aggregate face amount of structured notes offered by Nomura America Finance, LLC. The notes pay a contingent quarterly coupon of $25.375 per $1,000 face amount (2.5375%, with potential for up to 10.15% per annum) only if the S&P 500, Russell 2000 and Nasdaq-100 each close at or above 70% of their initial levels on the relevant observation date. Net proceeds to the issuer for the initial sale are $2,024,778.
If the notes are not redeemed, maturity repayment depends on the least-performing index: if every final level is at or above its 70% buffer, the cash settlement is $1,000 per $1,000 face amount; below the buffer, the stated formula applies, and investors may lose some or all of their principal. The issuer may redeem the notes in whole, not in part, on coupon payment dates from November 4, 2027 through August 4, 2031, for $1,000 per $1,000 face amount plus the coupon then due. The notes mature November 4, 2031. Their estimated value when the terms were set was $974.70 per $1,000 face amount, below the original issue price. The notes are unsecured obligations of the issuer and carry the guarantor’s credit risk.
Nomura America Finance, LLC is offering unsecured issuer-redeemable contingent-coupon notes fully and unconditionally guaranteed by Nomura Holdings Inc. (NMR), linked to the least-performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 indexes. If each index is at or above its 55.00% contingent coupon barrier on an observation date, holders receive at least $26.375 per $1,000 principal amount, equivalent to at least 2.6375% quarterly and 10.55% per annum; the coupon rate is to be determined on the trade date.
If any index is below its barrier on an observation date, that quarter’s coupon is not payable. At maturity, if the least-performing index is below 55.00% of its initial value, repayment declines one-for-one with its performance and investors may lose up to 100% of principal; at or above the barrier, repayment is $1,000 plus the final contingent coupon. The issuer may redeem on an optional redemption date on or after February 8, 2027. The estimated value at trade-date setting is expected to be $951.40 to $981.40 per $1,000, below the public price.
Nomura Holdings, Inc. fully and unconditionally guarantees $1,883,000 aggregate principal amount of issuer-redeemable contingent coupon barrier notes issued by Nomura America Finance, LLC. The notes are offered at 100.00% of principal; proceeds to the issuer for the initial sale are $1,878,292.50. Their estimated value was $974.20 per $1,000 principal amount as of the October 30, 2026 trade date, below the $1,000 public price. The notes are unsecured and will not be listed on a securities exchange.
On each monthly coupon observation date, the notes pay $7.833 per $1,000 principal amount only if all three indexes close at or above their 60.00%-of-initial-value barriers; otherwise that month's coupon is not payable. The stated rate is 0.7833% monthly, equivalent to 9.40% per annum. At maturity, scheduled for November 2, 2029, payment is $1,000 plus the final coupon if the least-performing index is at or above its barrier. Below the barrier, payment is $1,000 plus $1,000 multiplied by that index's performance, and principal loss can reach 100%. Nomura America Finance may redeem the notes at its option on an optional redemption date on or after November 4, 2027, for principal plus any coupon then payable.
Nomura America Finance, LLC is issuing US$2,730,000 of unsecured buffered notes linked to the S&P 500, fully and unconditionally guaranteed by Nomura Holdings Inc. (NMR). The notes are priced at 100% of principal; the issuer will receive $2,716,350 after a 0.50% agent commission. At maturity, each $1,000 note pays principal plus any index gain, capped at an 8.50% return; if the index is flat or down by no more than 30%, the payment is $1,000. Below the 30% buffer, losses track further index declines, up to 70% of principal.
The notes pay no interest. The initial S&P 500 value is 7,580.07, and the buffer value is 5,306.05. The final value is measured November 1, 2027, subject to postponement for a market disruption event; stated maturity is November 4, 2027, also subject to postponement. The estimated value when terms were set on October 30, 2026, was $990.20 per $1,000 principal amount, below the public price. The notes are not exchange-listed and are subject to issuer and guarantor credit risk.
Nomura Holdings, Inc. (NMR) guarantees issuer-redeemable contingent-coupon notes issued by Nomura America Finance, LLC, linked to the least-performing of the S&P 500, Russell 2000 and EURO STOXX 50. The unsecured notes are in $1,000 denominations, priced at 100.00% of principal; issuance is expected November 6, 2026, subject to change. The preliminary coupon is at least $31.875 per $1,000 (at least 3.1875% quarterly), to be determined on the trade date, and is payable only when all three indexes close at or above 70.00% of their initial values on an observation date. Nomura America Finance may redeem on optional redemption dates starting February 8, 2027, paying principal plus any coupon then payable.
If not redeemed, maturity is November 8, 2029, subject to postponement. If the least-performing index finishes at or above its 70.00% barrier, the maturity payment is $1,000 plus the final coupon; below it, repayment reflects that index’s decline from its initial value, exposing principal to a loss of up to 100%. The notes are unlisted. Their estimated trade-date value is expected to be $953.60–$983.60 per $1,000, below the public price; noteholders also bear Nomura credit risk.
Nomura Holdings Inc. will fully and unconditionally guarantee unsecured contingent-coupon barrier notes offered by its subsidiary, Nomura America Finance, LLC, linked to the least-performing of the S&P 500, Nasdaq-100 and Russell 2000 indexes. The estimated value when terms are set on the trade date is expected to be between $959.50 and $989.50 per $1,000 principal amount, below the 100.00% public offering price.
Contingent coupons of at least $10.083 per $1,000 are payable only when all three indexes close at or above 70.00% of their initial values on a coupon observation date. The rate is approximately 1.0083% monthly, equivalent to at least 12.10% per annum; the coupon terms are to be determined on the trade date.
If not redeemed, the maturity payment is $1,000 plus the final coupon when the least-performing index finishes at or above 70.00%, and $1,000 when it finishes at or above 60.00% but below 70.00%. Below 60.00%, repayment tracks the index’s decline from its initial value, and holders may lose all principal. Nomura America Finance may redeem the notes on an optional redemption date on or after May 10, 2027. The notes will not be listed on a securities exchange.
Nomura Holdings Inc. (NMR) guarantees an initial $10,350,000.00 aggregate face amount of structured notes issued by Nomura America Finance, LLC. The notes reference the S&P 500, Russell 2000 and Nasdaq-100 indexes and pay $10.834 per $1,000 face amount for a month only if each index closes at or above 70% of its initial level on the observation date—1.0834% monthly, with the potential for up to approximately 13.00% per annum. If each index is at or above its initial level on a call observation date, the notes are automatically called, with $1,000 per $1,000 face amount plus the coupon then due paid on the following call payment date.
If not called, maturity repayment depends on the weakest-performing index: $1,000 per $1,000 face amount if every index finishes at or above its 70% trigger buffer; below that level for any index, repayment is reduced according to the least-performing index return, and holders may lose their entire investment. The notes are unsecured obligations of Nomura America Finance, LLC, guaranteed by Nomura Holdings Inc. Their estimated value at pricing was $988.10 per $1,000, below the $1,000 original issue price. Net proceeds to the issuer were $10,308,600.00 after a $41,400.00 underwriting discount.
Nomura America Finance, LLC is offering, subject to completion, senior notes fully and unconditionally guaranteed by Nomura Holdings Inc. (NMR). The notes link contingent coupons and maturity payments to the least-performing of the Nasdaq-100, S&P 500 and Russell 2000 indexes. Coupons are at least $10.625 per $1,000 principal amount monthly (a rate of at least 1.0625% monthly, equivalent to at least 12.75% per annum, to be determined on the trade date) only if every index closes at or above 70.00% of its initial value on an observation date; otherwise that month's coupon is not payable.
The issuer may redeem the notes on an optional redemption date on or after May 11, 2027. If not redeemed, maturity is November 9, 2029: when the least-performing index finishes at or above its 70.00% barrier, payment is $1,000 plus the final coupon, if payable; below the barrier, payment reflects the index's full decline from its initial value, with potential loss of all principal. The notes are unsecured and unlisted. Their estimated trade-date value is expected to be $955.60–$985.60 per $1,000, below the 100.00% public offering price.
Nomura Holdings, Inc. guarantees notes issued by Nomura America Finance, LLC with an aggregate face amount of $556,000, linked separately to the S&P 500, Russell 2000 and Nasdaq-100 indexes.
For each $1,000 face amount, the notes pay a contingent monthly coupon of $9.75 (0.975%) only if all three indexes close at or above 70.00% of their initial levels on an observation date; the stated potential is up to 11.70% per annum. If the notes are not redeemed, each index must finish at or above its 60.00% trigger buffer for repayment of $1,000 per $1,000 face amount. If any finishes below that level, payment is $1,000 plus the least-performing index return; investors may lose up to 100%.
Nomura America Finance may redeem all, but not part, on coupon payment dates from January 28, 2027 through September 27, 2029 for $1,000 per $1,000 face amount plus any coupon due. The estimated trade-date value was $990.60 per $1,000, compared with the original issue price of $1,000. The issuer’s net proceeds are $553,220 after a $2,780 underwriting discount. The notes are unsecured, are not FDIC-insured deposits and will not be exchange-listed.
Nomura Holdings, Inc. fully and unconditionally guarantees $400,000 principal amount of unsecured Senior Global Medium-Term Notes, Series A, issued by Nomura America Finance, LLC and linked to the least-performing of the S&P 500, Nasdaq-100 Technology Sector and Russell 2000 indexes. At the initial public offering price of 100.00%, the distribution agent’s commission is $3,000 and proceeds to the issuer are $397,000. The estimated value on the trade date was $981.30 per $1,000 principal amount.
Monthly contingent coupons are $10.625 per $1,000 principal amount (1.0625% monthly; 12.75% annual equivalent) only when each index closes at or above its 70.00% coupon barrier on an observation date. The issuer may redeem the notes on an optional redemption date on or after February 3, 2027, paying principal plus the coupon if payable. If not redeemed, the notes mature November 3, 2031. If the least-performing index finishes below its 70.00% barrier, repayment is reduced according to its decline from its initial value and can fall to zero, resulting in a loss of all principal.
Nomura America Finance, LLC is offering US$2,602,000 principal amount of unsecured notes, guaranteed by Nomura Holdings, Inc., and linked to the lower-performing of the Russell 2000 and Nasdaq-100 indexes. For the initial sale, the public price is 100% of principal; stated issuer proceeds are $2,575,980 and the agent’s commission is $26,020. The estimated value at pricing was $966.90 per $1,000, below the public price.
Each $1,000 note pays a contingent $25.25 quarterly coupon only when both indexes meet their 70.00%-of-initial-value coupon barriers on an observation date; coupons may not be paid. Beginning April 27, 2027, the notes are automatically called if both indexes meet their initial-value call barriers, paying principal plus the applicable coupon. If uncalled at maturity on November 1, 2032, and the lower-performing index finishes below its 70.00% barrier, repayment is reduced one-for-one with that index’s decline from its initial value, potentially eliminating all principal. The notes do not participate in index gains and will not be exchange-listed.
Nomura America Finance, LLC is issuing $354,000 of autocallable contingent-coupon barrier notes linked to Advanced Micro Devices, Inc. common stock, due November 1, 2029. Nomura Holdings, Inc. fully and unconditionally guarantees the notes. The public price is 100.00% of principal, with a 4.00% agent commission and $339,840 in proceeds to the issuer. The estimated value at pricing was $920 per $1,000 principal amount, below the original issue price.
Each $1,000 note pays a $35.25 quarterly coupon only when AMD closes at or above $339.85 on a coupon observation date. Beginning April 29, 2027, a close at or above $566.42 on a call observation date triggers automatic redemption for principal plus the applicable coupon. If not called, maturity payment is $1,000 plus the final coupon when AMD is at least $339.85; below that level, repayment declines with AMD’s performance from its initial value and may fall to zero. Holders do not share in AMD’s appreciation. The notes are unsecured and will not be listed on a securities exchange.
Nomura Holdings Inc. fully and unconditionally guarantees US$177,000 of senior global medium-term notes issued by its subsidiary, Nomura America Finance, LLC. Linked to Palantir Technologies Inc. Class A common stock, the notes are due November 1, 2029. They are offered at 100.00% of principal; the distribution agent’s commission is 4.00%, and proceeds to the issuer are US$169,920.
Each $1,000 principal amount may pay a $40.00 contingent coupon on a quarterly payment date if PLTR closes at or above the $117.85 coupon barrier on the corresponding observation date. Starting April 29, 2027, the notes are automatically called if PLTR closes at or above $196.42 on a call observation date, paying principal plus the applicable coupon.
If not called, maturity payment is principal plus the final coupon when PLTR’s final value is at or above $117.85. Below that barrier, payment falls with PLTR’s performance from its initial value, and the notes can lose up to 100% of principal. The estimated value at trade-date term setting was $930.80 per $1,000 principal amount, below the public price.
Nomura Holdings, Inc. fully and unconditionally guarantees leveraged buffered notes issued by Nomura America Finance, LLC, linked to the S&P 500® Futures Excess Return Index. The notes are unsecured obligations, pay no interest, and have a stated maturity of May 9, 2030, subject to a next-business-day adjustment or postponement. The final valuation date is May 6, 2030, subject to postponement for market disruption.
For each $1,000 principal amount, positive reference-asset performance is multiplied by the 183.00% upside participation rate. If the final value is at or below its initial value but at least 70.00% of it, the payment is $1,000. Below that buffer value, losses extend dollar for dollar beyond a 30.00% decline, with a maximum principal loss of 70.00%. The estimated value at the trade date is expected to be $959.10-$989.10 per $1,000, below the 100.00% public price. For the initial sale, the agent commission is up to 0.20% and issuer proceeds are at least 99.80% of principal per note. The notes are not exchange-listed and are exposed to Nomura credit risk.
Nomura Holdings Inc. guarantees contingent coupon notes issued by Nomura America Finance, LLC, with an aggregate face amount of $1,571,000; net proceeds to the issuer are $1,559,217.50.
For each $1,000 face amount, the notes pay a contingent monthly coupon of $9.50 only if all three underliers—the S&P 500, Russell 2000 and Nasdaq-100 indexes—close at or above their respective 70% coupon trigger levels on an observation date. The coupon represents 0.95% monthly, or the potential for up to 11.40% per annum.
If the notes are not redeemed, maturity payment is $1,000 per $1,000 face amount when each underlier is at or above its 60% trigger buffer; below that level, payment is reduced according to the least-performing underlier and could be zero. The issuer may redeem all, but not part, on coupon payment dates from January 26, 2027 through September 25, 2031, for $1,000 per $1,000 plus any coupon then due. The notes are unsecured obligations, and their estimated value when terms were set was $975 per $1,000 face amount, below the original issue price.
Nomura America Finance, LLC is offering autocallable contingent-coupon notes linked to the S&P 500, Russell 2000 and Nasdaq-100, guaranteed by Nomura Holdings Inc. (NMR). The terms are expected and will be set on the trade date. For each $1,000 face amount, the notes pay a $10.834 monthly coupon only when every index closes at or above 70% of its initial level on the observation date, with the potential for up to approximately 13.00% per annum. The notes are automatically called if every index closes at or above its initial level on a call observation date; repayment is $1,000 per $1,000 face amount plus the coupon then due.
If not called, maturity payment depends on the least-performing index: at or above its 70% trigger buffer, repayment is $1,000 per $1,000 face amount; below the buffer, payment is $1,000 plus $1,000 multiplied by that index's return and may reach zero. A return of principal is not assured, and holders do not participate in index gains beyond face amount and coupons. The notes are unsecured obligations of Nomura America Finance, LLC. Their estimated value is expected to be between $955.10 and $985.10 per $1,000 face amount when terms are set, below the original issue price. The issue date is expected to be November 3, 2026, and maturity November 1, 2029.
Nomura Holdings Inc. (NMR) fully and unconditionally guarantees contingent-coupon barrier notes offered by Nomura America Finance, LLC. The notes pay at least 0.7833% monthly, equivalent to at least 9.40% per annum, only when all three reference indexes close at or above 60.00% of their initial values on a coupon observation date; the rate is to be determined on the trade date. The public price is 100.00% of principal, and proceeds to the issuer are at least 99.75% per note.
If the notes are not redeemed and the least-performing index closes below 60.00% of its initial value on the final valuation date, repayment falls with that index’s performance and principal loss can reach 100%; the notes do not participate in index appreciation. Nomura America Finance may redeem all, but not part, on an optional redemption date on or after November 4, 2027, for principal plus the applicable coupon, if payable. The estimated value is expected to be $950.80 to $980.80 per $1,000 principal amount, below the public price. The notes are unsecured and unlisted; the stated maturity date is November 2, 2029, subject to adjustment or postponement.
Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees an offering by affiliate Nomura America Finance, LLC of US$2,658,000 principal amount of unsecured issuer-redeemable contingent-coupon buffer notes. Linked to the least performing of the S&P 500, Russell 2000 and Dow Jones Industrial Average, the notes mature October 25, 2029. Nomura America Finance, LLC receives $2,651,355 in proceeds on the initial sale.
Each $1,000 principal amount can pay a $7 monthly contingent coupon (0.70%, equivalent to 8.40% per annum) only when all three indexes close at or above 75% of their respective initial values on an observation date; payments can be skipped. The issuer may redeem the notes in whole, not in part, on any optional redemption date on or after April 26, 2027, for principal plus the coupon if payable. If not redeemed, the weakest index determines the maturity payment: below the 75% buffer, further declines reduce principal on a one-for-one basis, with losses capped at 75% of principal.
The notes are unlisted and subject to issuer and guarantor credit risk. Their estimated trade-date value was $986 per $1,000, below the public price.
Nomura America Finance, LLC is offering callable contingent-coupon index-linked notes due 2031, guaranteed by Nomura Holdings, Inc. (NMR). The expected terms are subject to final setting on the trade date. For each $1,000 face amount, the notes pay $25.375 quarterly (2.5375%, with potential for up to 10.15% per annum) only when all three indexes—the S&P 500, Russell 2000 and Nasdaq-100—close at or above 70% of their respective initial levels on observation dates; otherwise, that coupon is $0.
If not redeemed, the maturity payment depends on the least-performing index: at or above its 70% buffer, the payment is $1,000 per $1,000 face amount; below the buffer, a formula applies and investors may lose their entire investment. The issuer may redeem all, but not part, on coupon dates from November 4, 2027 through August 4, 2031, paying $1,000 per $1,000 face amount plus any coupon then due. The notes are unsecured obligations and expose holders to issuer and guarantor credit risk. They will not be exchange-listed. Their estimated value at the trade date is expected to be $939.80–$969.80 per $1,000 face amount, below the original issue price.
Nomura Holdings (NMR) fully and unconditionally guarantees autocallable contingent-coupon notes offered by Nomura America Finance, LLC. The notes are linked to the least-performing of the S&P 500, Russell 2000 and Nasdaq-100 indexes, with a stated maturity of November 1, 2029, subject to applicable adjustments and postponements. They are unsecured, and payments depend on the credit of both the issuer and guarantor. Each quarter, they pay at least 2.725% (at least 10.90% per annum, with the rate to be determined on the trade date) only if all three indexes close at or above 75% of their initial values.
On a quarterly observation date on or after October 29, 2027, the notes are automatically called if all three indexes close at or above 100% of their initial values; payment is principal plus the applicable coupon. If not called and the least-performing index finishes below 75% of its initial value, the maturity payment reflects its full decline from its initial value, exposing holders to loss of some or all principal. At or above that barrier, the payment is principal plus the final contingent coupon. The estimated value at the time terms are set is expected to be $932.80–$962.80 per $1,000 principal amount, below the public offering price. The notes will not be listed on an exchange.
Nomura America Finance, LLC is offering US$1,235,000 principal amount of unsecured autocallable memory contingent-coupon notes linked to CoreWeave Inc. Class A common stock, due October 19, 2029; Nomura Holdings, Inc. (NMR) guarantees the notes. At the 100% public price, proceeds to the issuer are $1,185,600 after a $49,400 agent commission. The quarterly coupon is 5.3875% ($53.875 per $1,000) when CRWV closes at or above $30.70, 50% of its $61.39 initial value; missed coupons may be paid later if the threshold is met.
Starting April 16, 2027, the notes are callable quarterly if CRWV closes at or above $61.39, with principal, the applicable coupon and any unpaid coupons payable upon a call. If not called, a final value at or above $30.70 returns $1,000 per $1,000 plus applicable coupons; below $30.70, principal repayment reflects CRWV’s decline from its initial value and can fall to zero. The estimated value was $877.40 per $1,000, compared with a $1,000 public price. The notes are unlisted, and payments are subject to the issuer’s and guarantor’s credit risk.
Nomura America Finance, LLC is issuing $5,758,000 in principal amount of autocallable memory contingent coupon notes linked to Amazon.com, Inc. common stock; Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees them. The public price is 100% of principal, and the issuer’s proceeds are $5,700,420 after $57,580 in agent commissions. The estimated value at the trade date was $985 per $1,000 principal amount.
Each $1,000 note pays a contingent coupon of $41.80 per quarter when Amazon’s closing price is at least $212.50 on an observation date; missed coupons may be paid later if the threshold is met. The notes are automatically called if Amazon closes at or above $250 on an observation date beginning January 29, 2027. If not called, the stated maturity date is November 3, 2027.
If the notes are not called, a final value at or above $212.50 returns principal plus applicable coupons. Below $212.50, principal is reduced for losses beyond the 15% buffer at approximately 1.1765x exposure, and holders may lose all principal. The notes are unsecured, depend on Nomura’s credit, and are not exchange-listed.
Nomura America Finance, LLC is issuing US$10,000,000 of senior global medium-term notes linked to the lower performance of the S&P 500 and Russell 2000; Nomura Holdings Inc. fully and unconditionally guarantees them. The notes are priced at 100% of principal, with $9,955,000 in proceeds to the issuer after the $45,000 agent commission. Their estimated value when terms were set on October 16, 2026, was $980.70 per $1,000 principal amount.
The notes automatically call on October 28, 2027, if both indices close at or above 100% of their initial values, paying a 10.26% premium on November 2, 2027. If not called then, the final observation is October 16, 2028: if both indices close at or above 70% of their initial values, the maturity payment is $1,205.20 per $1,000 on October 19, 2028, including a 20.52% premium. Below that barrier, losses reflect the decline of the least-performing index from its initial value and can reach 100% of principal. The notes pay no interest and will not be listed on an exchange.
Nomura Holdings Inc. (NMR) fully and unconditionally guarantees $2,277,000 principal amount of autocallable notes issued by Nomura America Finance, LLC and linked to Intel common stock, due October 19, 2029. Nomura America Finance receives $2,185,920 from the $2,277,000 public offering after a $91,080 distribution-agent commission. The estimated value when the terms were set was $980.50 per $1,000 principal amount, below the $1,000 public price.
Each $1,000 principal amount may pay a $60.25 contingent coupon (6.025% quarterly, equivalent to 24.10% per annum) only if Intel closes at or above the $53.91 barrier on an observation date. The notes are automatically called if Intel closes at or above $89.85 on an eligible observation date beginning April 16, 2027, paying principal plus the applicable coupon.
If not called, the maturity payment is $1,000 plus the final coupon when Intel's final value is at least $53.91; below that level, payment falls one-for-one with Intel's decline from the $89.85 initial value, with potential loss of all principal. The notes are unsecured obligations of Nomura America Finance and are not exchange-listed.
Nomura Holdings Inc. guarantees Nomura America Finance, LLC’s senior notes linked to the least-performing of the S&P 500, Nasdaq-100 Technology Sector and Russell 2000 indexes. Preliminary terms are subject to completion; the unsecured notes are unlisted and have a stated maturity of November 3, 2031, unless that date is not a business day or is postponed under market-disruption terms.
For each $1,000 principal amount, a contingent coupon of at least $10.625, to be determined on the trade date, is payable at a rate of at least 1.0625% monthly (equivalent to at least 12.75% per annum) only if every index closes at or above 70.00% of its initial value on a coupon observation date. If not redeemed early, maturity payment is $1,000 plus the final coupon when the least-performing index is at or above its 70.00% barrier; below it, payment follows that index’s performance and principal loss can reach 100%. The issuer may redeem on optional redemption dates on or after February 3, 2027.
The public offering price is 100.00% of principal. Estimated value at trade-date pricing is expected to be $950.30–$980.30 per $1,000 principal amount, below the public price. The agent commission is up to 0.75% and proceeds to the issuer are at least 99.25% of principal.
Nomura Holdings, Inc. fully and unconditionally guarantees senior medium-term notes issued by Nomura America Finance, LLC. The notes are linked to the least-performing of the S&P 500 and Russell 2000 and are due October 19, 2028. The terms are subject to completion, and stated dates may change.
The notes may be automatically called on October 28, 2027 if both indices close at or above 100% of their initial values, paying $1,000 plus a 10.26% premium per $1,000 principal amount. If not called then, a final call on October 16, 2028 requires both indices to be at or above 70% and pays a 20.52% premium. If no call occurs, the maturity payment follows the least-performing index, and holders may lose all principal.
The public price is 100.00% ($1,000 per $1,000 principal amount); estimated value is expected to be $962.00–$992.00 per $1,000. The notes are unsecured, bear no interest, and will not be listed on an exchange.
Nomura Holdings Inc. guarantees callable contingent-coupon index-linked notes issued by Nomura America Finance, LLC, linked to the S&P 500, Russell 2000 and Nasdaq-100. Key terms are expected as shown and will be set on the trade date. For each $1,000 face amount, the notes pay a $9.50 monthly coupon (0.95% monthly; potential for up to 11.40% per annum) only if all three indexes close at or above 70% of their initial levels on the observation date.
If the notes are not redeemed, maturity payment is $1,000 per $1,000 face amount if each index is at or above 60% of its initial level; below that buffer, payment falls with the least-performing index and can be zero. Nomura America Finance, LLC may redeem all, not part, on coupon payment dates from January 26, 2027 through September 25, 2031, paying $1,000 per $1,000 face amount plus any coupon due. Returns are capped at face amount plus coupons. The unsecured notes are guaranteed by Nomura Holdings Inc.; their estimated value is expected to be $951.50 to $981.50 per $1,000 face amount, below the 100.00% issue price. Per note, net proceeds to the issuer are at least 99.25%, with an underwriting discount up to 0.75%.
Nomura America Finance, LLC is offering, subject to completion, issuer-redeemable contingent-coupon buffer notes linked to the least-performing of the S&P 500, Russell 2000 and Dow Jones Industrial Average; Nomura Holdings Inc. (NMR) fully and unconditionally guarantees the unsecured notes. A contingent coupon of at least $7.00 per $1,000 principal amount (at least 0.70% monthly, equivalent to at least 8.40% per annum, with the rate determined on the trade date) is payable only if all three indexes close at or above 75.00% of their initial values on a coupon observation date; a coupon is not payable for a period if any index closes below its barrier.
At maturity, unless redeemed early, payment is principal plus the final contingent coupon if the least-performing index is at or above its 75.00% buffer. Below that level, losses extend dollar-for-dollar beyond the 25.00% buffer, and principal loss may reach 75.00%. The issuer may redeem on any optional date on or after April 26, 2027, paying principal plus any coupon due. Scheduled maturity is October 25, 2029, subject to adjustment or postponement. The expected trade-date value is $955.10–$985.10 per $1,000, below the public price. The notes will not be listed on an exchange.
Nomura Holdings, Inc. guarantees callable contingent-coupon index-linked notes issued by Nomura America Finance, LLC, linked to the S&P 500, Russell 2000 and Nasdaq-100; stated maturity is expected October 19, 2028. For each $1,000 face amount, the potential monthly coupon is $10 only when all three indexes close at or above their respective 70%-of-initial trigger levels; otherwise it is $0. The coupon has the potential to reach 12.00% per annum, but is not guaranteed.
Unless redeemed, maturity payment is $1,000 if every index finishes at or above its 70% buffer. If any finishes below its buffer, payment is $1,000 plus the return of the least-performing index, exposing principal to losses of up to 100%. Nomura America Finance may redeem all, but not part, on coupon payment dates from January 20, 2027 through September 19, 2028 for $1,000 plus any coupon then due.
The estimated value when terms are set on the trade date is expected to be $951.90–$981.90 per $1,000, below the original issue price of 100.00% of face amount. The initial-sale table lists net proceeds to the issuer of at least 99.25% of face amount per note and an underwriting discount of up to 0.75%. The notes are unsecured obligations of Nomura America Finance, guaranteed by Nomura Holdings, and are not FDIC-insured deposits.
Nomura America Finance, LLC is offering, subject to completion, autocallable notes linked to Palantir Technologies Inc. Class A common stock; Nomura Holdings, Inc. (NMR) fully and unconditionally guarantees them. The notes are unsecured and mature on November 1, 2029. They pay at least $40 per $1,000 principal amount for a quarter only if PLTR closes at or above 60.00% of its initial value on the observation date; the contingent coupon rate is at least 4.00% quarterly, to be determined on the trade date.
Beginning April 29, 2027, the notes are automatically called if PLTR closes at or above 100.00% of its initial value on a call observation date, with payment of principal plus the applicable coupon. If not called, maturity payment is principal plus the final coupon when PLTR is at or above 60.00% of its initial value; below that level, payment reflects PLTR’s performance from its initial value, and principal loss can reach 100%. The estimated value at the time terms are set is expected to be $897.70–$927.70 per $1,000, below the public price. For the initial sale, the public price is 100.00% of principal, the commission is up to 4.00%, and proceeds to the issuer are at least 96.00%.
Nomura Holdings Inc. (NMR) fully and unconditionally guarantees unsecured autocallable notes issued by Nomura America Finance, LLC and linked to Advanced Micro Devices, Inc. (AMD) common stock. The proposed terms are subject to completion. For each $1,000 principal amount, the notes offer a contingent coupon of at least $35.25 (at least 3.525% quarterly, equivalent to at least 14.10% per annum) if AMD’s closing value on a quarterly observation date is at least 60% of its initial value; the coupon is not paid for an observation below that barrier. The coupon amount is to be determined on the trade date.
Beginning April 29, 2027, the notes are automatically called if AMD closes at or above its initial value on a call observation date, paying principal plus the applicable coupon. If not called, the stated maturity date is November 1, 2029. At maturity, an AMD final value at or above 60% of its initial value pays principal plus the final coupon; below 60%, repayment declines one-for-one with AMD’s decline from its initial value and may result in loss of all principal. Returns are capped at principal plus coupons even if AMD rises. The estimated value is $897.00–$927.00 per $1,000 principal amount, below the 100.00% public offering price.