Every 424B that Nomura Holdings, Inc (NMR) has filed with the SEC in the last 12 months is listed below, 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), through Nomura America Finance, LLC, is issuing $415,000 of unsecured Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura, in the form of issuer redeemable contingent coupon barrier notes linked to the least performing of the KRE, XLF and XLB ETFs, maturing September 13, 2032.
The notes pay a 0.9458% monthly contingent coupon (11.35% per annum), or $9.458 per $1,000, only if on each observation date all three reference assets are at or above their contingent coupon barriers set at 70% of initial value; otherwise no coupon is paid. At maturity, if not earlier redeemed at Nomura’s option (available on monthly dates starting December 11, 2026), investors receive principal plus the final coupon if the least performing ETF is at or above its contingent coupon barrier, principal only if it is between the 60% barrier value and the contingent coupon barrier, and a loss on a 1-to-1 basis if it finishes below the barrier value, up to a 100% loss of principal.
The notes are offered at 100% of principal, with a 0.30% selling commission and 99.70% proceeds to the issuer; the estimated value at pricing is $977.10 per $1,000. The notes will not be listed on any exchange, involve significant sector concentration in financials and materials, feature complex tax treatment, and are subject to Nomura’s credit risk and potential conflicts of interest from its affiliated calculation agent and distributor.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is offering senior unsecured issuer redeemable contingent coupon barrier notes due September 13, 2032, linked to the least performing of three State Street SPDR ETFs tracking regional banks (KRE), financials (XLF) and materials (XLB). The notes pay a monthly contingent coupon of at least 0.9458% (at least 11.35% per annum) only if on each observation date all three ETFs close at or above 70% of their respective initial values, and can be redeemed early at the issuer’s option starting December 11, 2026 at par plus any due coupon.
If not redeemed, principal repayment depends on the worst-performing ETF at maturity: investors receive par plus the final coupon if it is at or above the 70% barrier, par if it is between 60% and 70% of its initial value, and par reduced one-for-one with the decline if it finishes below 60%, exposing investors to up to a 100% loss of principal. The notes are not listed, carry both the issuer’s and Nomura’s credit risk, and have an estimated value between $941.40 and $971.40 per $1,000 principal amount, below the 100% price to public.
Nomura Holdings, Inc. (NMR), as guarantor of Nomura America Finance, LLC, is offering $1,399,000 of Senior Global Medium-Term Notes, Series A, structured as leveraged buffered notes linked to the S&P 500 Index. The notes mature on September 7, 2027 and pay no periodic interest.
At maturity, investors receive upside exposure to the S&P 500 with a 100% participation rate, subject to a maximum return of at least 8%. Principal is protected only down to a 30% buffer; below that, losses increase 1-for-1 and can reach up to 70% of principal. Initial S&P 500 value is 7,686.14 and the buffer value is 5,380.30.
The notes are unsecured obligations of Nomura America Finance, fully and unconditionally guaranteed by Nomura Holdings. The price to the public is 100% of principal, with a 0.50% selling commission and 99.50% net proceeds to the issuer. The estimated value at pricing is $991.30 per $1,000, below issue price, and the notes are not listed, so secondary market liquidity may be limited. U.S. tax treatment is complex; Nomura intends to treat the notes as contingent payment debt instruments.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is offering US$8,500,000 of senior unsecured medium-term notes fully and unconditionally guaranteed by Nomura Holdings. The notes are Issuer Redeemable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500 Index, the Russell 2000 Index and the iShares MSCI EAFE ETF, maturing on March 2, 2028.
The notes pay a contingent coupon of 2.645% quarterly (10.58% per annum) only if on each observation date all three reference assets are at or above their respective contingent coupon barriers, set at 70% of initial value. Principal is protected only if, at final valuation, the least performing asset is at or above its barrier value, set at 65% of initial value; otherwise repayment is reduced 1-for-1 with the decline and investors can lose up to 100% of principal.
The issuer can call the notes at its option on specified coupon dates starting December 2, 2026, paying principal plus the applicable contingent coupon. The notes are sold at 100% of principal with no agent commission, and Nomura’s internal models estimate an initial value of $992.20 per $1,000. The notes will not be listed, may have limited liquidity, and embed Nomura’s and Nomura America Finance’s credit risk.
NOMURA HOLDINGS INC (NMR), through its subsidiary Nomura America Finance, LLC, is issuing $3,206,000 of Senior Global Medium-Term Notes, Series A, linked to the least performing of the EURO STOXX 50, Russell 2000 and Technology Select Sector SPDR ETF, fully and unconditionally guaranteed by Nomura.
The notes pay a contingent monthly coupon of 1.2542% (15.05% per annum) only if all three reference assets are at or above their contingent coupon barriers (75% of initial value) on each observation date. Principal is protected only if, at maturity, the worst asset is at or above its 70% barrier value; otherwise repayment is reduced one-for-one with the decline in that asset, down to a potential 100% loss of principal.
The issuer can redeem the notes at its option on specified monthly dates starting December 3, 2026, paying principal plus any due coupon. The estimated economic value is $979.70 per $1,000 note, below the 100% issue price, reflecting selling commissions, hedging and structuring costs borne by investors.
Nomura Holdings, Inc. (NMR), via Nomura America Finance, LLC, is offering $2,500,000 aggregate face amount of senior equity index-linked notes tied to the EURO STOXX 50, Russell 2000 and Nasdaq‑100. The notes pay a contingent monthly coupon of $10.459 per $1,000 (1.0459% monthly, up to about 12.55% per year) only if on each observation date all three indices are at or above 70% of their initial levels.
At maturity on September 3, 2031, if not earlier redeemed, holders receive $1,000 per note only if the worst-performing index is at or above its 60% trigger buffer level; otherwise the payoff is $1,000 plus $1,000 times the worst index return, with up to a 100% loss of principal. The issuer may redeem the notes at par plus any due coupon on any coupon payment date from December 3, 2026 through July 31, 2031. The estimated value is $989 per $1,000 face amount, below the 100% issue price, and the notes carry the unsecured credit risk of Nomura America Finance, LLC, guaranteed by Nomura Holdings, Inc.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC as issuer, is offering US$1,000,000 of senior unsecured Autocallable Buffer Notes linked to the Class B common stock of NIKE, Inc., fully and unconditionally guaranteed by Nomura Holdings, Inc., under its Global Medium-Term Note program.
The notes are issued at 100.00% of principal, with proceeds to the issuer of 98.50% after a 1.50% selling concession. They may be automatically called on September 10, 2027 if NKE is at or above the $38.44 call barrier, paying principal plus a 22.00% call premium. If not called, at maturity on August 31, 2028 investors receive a cash settlement based on NIKE share performance, with a 44.00% contingent minimum return if the final value is at or above the $30.75 buffer (80% of initial).
If NIKE’s final value falls below the buffer, repayment is reduced by a 1.25x downside leverage beyond a 20% decline, and up to 100% of principal can be lost. The notes pay no interest, are not FDIC insured, and expose holders to the credit risk of Nomura and its U.S. issuing affiliate. The estimated value at pricing is $985.90 per $1,000, below the issue price.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is issuing US$350,000 of senior unsecured issuer redeemable contingent coupon barrier notes linked to the least performing of the Russell 2000, Nasdaq-100 Technology Sector Index and EURO STOXX 50, maturing August 30, 2029.
The notes pay a monthly contingent coupon of about 1.0917% (13.10% per annum) only if on each observation date all three indices are at or above 70% of their initial values100% of principal can be lost. Nomura may redeem the notes at par plus any due coupon on specified dates from December 2, 2026. The notes are guaranteed by Nomura Holdings, not listed, and carry Nomura credit risk. The estimated value is $983.30 per $1,000 at pricing versus a 100% issue price, with a 0.60% selling commission.
NOMURA HOLDINGS, INC. (NMR), via Nomura America Finance, LLC, is offering senior unsecured structured notes fully and unconditionally guaranteed by Nomura under its Global Medium-Term Note program. These are Redeemable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500 Index, Russell 2000 Index and iShares MSCI EAFE ETF, maturing on March 2, 2028.
The notes pay a contingent quarterly coupon of at least 2.645% (equivalent to at least 10.58% per annum) per $1,000 only if on each observation date all three reference assets are at or above their 70% contingent coupon barriers65% barrier value; below that, repayment is reduced 1-to-1 with the loss in that asset, down to a complete loss of principal. Nomura may redeem the notes early on specified dates starting December 2, 2026, paying principal plus any due coupon. The estimated initial fair value is $962.30–$992.30 per $1,000, below the 100% issue price, and the notes will not be listed on any exchange.
NOMURA HOLDINGS, INC. (NMR), via Nomura America Finance, LLC, is offering senior unsecured Autocallable Buffer Notes linked to the Class B common stock of NIKE, Inc. (NKE), due August 31, 2028, under its Senior Global Medium-Term Notes, Series A program and fully guaranteed by Nomura.
Each $1,000 note has an initial NKE value of $38.44, a call barrier equal to 100% of that level and a single call observation date on September 10, 2027. If NKE is at or above the call barrier then, the notes are automatically called and pay $1,220 per $1,000 (22.00% call premium) on the call settlement date.
If not called, at maturity investors receive, per $1,000, the greater of a 44.00% contingent minimum return or the NKE price performance, provided the final value is at or above the buffer value of $30.75 (80% of initial). If the final value is below the buffer, losses start beyond a 20% decline with a 1.25x downside leverage, up to a total loss of principal.
The estimated economic value is expected between $944.30 and $974.30 per $1,000 at pricing, below the 100% issue price, reflecting fees, hedging and structuring costs. Notes are issued in $1,000 denominations with a $10,000 minimum, carry no interest, will not be listed, and entail Nomura and issuer credit risk; agent commissions are up to 1.50% (up to $15 per $1,000).
NOMURA HOLDINGS, INC. (NMR), via Nomura America Finance, LLC, is offering US$100,000 of autocallable contingent coupon barrier notes linked to the least performing of Goldman Sachs (GS), Morgan Stanley (MS) and Wells Fargo (WFC), maturing August 30, 2029. The notes are senior unsecured obligations of Nomura America Finance and are fully and unconditionally guaranteed by Nomura Holdings.
The notes pay a contingent coupon of 2.8125% quarterly (11.25% per annum) per $1,000 only if on each observation date all three stocks close at or above their contingent coupon barriers set at 60% of their initial values. The same 60% levels also act as principal protection barriers at maturity; if the least performing stock finishes below its barrier and the notes have not been called, repayment of principal is reduced 1:1 with the decline and can fall to zero.
The notes are automatically called at par plus the applicable coupon if, on any observation date from March 1, 2027 onward, all three stocks are at or above their initial values. The initial estimated value is $929.50 per $1,000, below the 100% issue price, reflecting dealer compensation, hedging and structuring costs. The notes are not listed, are subject to Nomura’s credit risk, and may have limited or illiquid secondary trading.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is offering US$2,200,000 of Senior Global Medium-Term Notes, Series A, in the form of autocallable contingent coupon barrier notes linked to the least performing of the Russell 2000, Nasdaq-100 and EURO STOXX 50 indexes, maturing August 30, 2029, and fully guaranteed by Nomura.
The notes pay a 2.75% quarterly contingent coupon (about 11.00% per annum) only if on each observation date all three indexes are at or above 70% of their initial values; otherwise no coupon is paid and investors may receive no income. The notes are automatically called at par plus the applicable coupon if, on any quarterly call observation date from November 27, 2026 onward, all three indexes are at or above 100% of initial value.
If not called, principal repayment depends on the least performing index: if its final level is at or above the 70% barrier, investors receive par plus the final coupon; if between 65% and 70%, only par; if below 65%, repayment is reduced one-for-one with the index decline, up to a 100% loss of principal. The estimated value is $977.80 per $1,000, below the 100% issue price, reflecting fees, hedging and funding costs. The notes are unsecured obligations, subject to Nomura’s credit risk, will not be listed on any exchange, and may have limited or illiquid secondary trading.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is issuing US$50,000 of Senior Global Medium-Term Notes, Series A, in the form of autocallable contingent coupon barrier notes linked to Advanced Micro Devices, Inc. (AMD) common stock, maturing August 30, 2029.
The notes pay a 5.00% quarterly contingent coupon (20.00% per annum) of $50 per $1,000 only if AMD’s closing price on each observation date is at least the contingent coupon barrier of $286.00, which is 60% of the initial value of $476.67call barrier level of $476.67 on a call observation date.
If not called, and on the final valuation date AMD is at or above the barrier value of $286.00, investors receive $1,000 plus the final coupon per $1,000. If AMD is below the barrier, repayment is $1,000 plus $1,000 times AMD’s total price return, creating 1‑for‑1 downside exposure and potential loss of up to 100% of principal. The estimated value is $944.20 per $1,000 at pricing versus a $1,000 issue price; Nomura Securities International, Inc. acts as distribution agent with a 4.00% commission, leaving 96.00% of proceeds to the issuer.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is offering US$7,789,000 of Senior Global Medium-Term Notes, Series A, in the form of Autocallable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500 Index (SPX) and the SPDR S&P Regional Banking ETF (KRE), fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a 2.3375% quarterly contingent coupon (9.35% per annum) of $23.375 per $1,000 only if on each observation date the closing value of both reference assets is at or above their contingent coupon barriers, set at 70% of initial values (SPX 5,372.99; KRE $52.21). The notes are automatically called if, on specified dates starting August 26, 2027, both assets are at or above their call barrier levels (100% of initial values), in which case investors receive principal plus the applicable coupon.
At maturity, if not called, investors receive principal plus the final coupon only if the least performing asset finishes at or above its barrier value (also 70% of initial). If it finishes below, repayment is reduced 1-for-1 with the decline, down to a total loss of principal. The estimated value is $940.80 per $1,000, below the 100% public issue price, reflecting agent commissions of 3.00% and structuring and hedging costs. The notes are unsecured, not FDIC insured, not listed on any exchange, and expose holders to Nomura’s credit risk and concentrated regional banking sector risk through KRE.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, is offering US$3,245,000 of senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura, linked to the least performing of the Russell 2000 Index and the iShares MSCI Emerging Markets ETF, maturing on August 28, 2031.
The notes pay a 1.00% monthly contingent coupon (12% per annum) of $10 per $1,000 when both reference assets close at or above their contingent coupon barriers on observation dates, and may be redeemed early at the issuer’s option. Principal protection is not guaranteed; if the least performing asset ends below its barrier value, repayment is reduced 1:1 with its loss, up to a complete loss of principal.
The original issue price is 100% of principal, while the estimated value is $986.70 per $1,000, reflecting fees, hedging costs and Nomura’s funding levels. The notes are unsecured obligations of Nomura America Finance, guaranteed by Nomura, not bank deposits and not insured by the FDIC, and will not be listed on any securities exchange.
NOMURA HOLDINGS, INC. (NMR), via Nomura America Finance, LLC, is offering unsecured Senior Global Medium-Term Notes, Series A, that are autocallable contingent coupon barrier notes linked to the least performing of the Russell 2000, Nasdaq‑100 and EURO STOXX 50 indices, maturing on August 30, 2029. The notes pay a contingent quarterly coupon of at least 2.75% of principal (about 11.00% per year) only if on each observation date all three indices are at or above 70% of their initial values; otherwise no coupon is paid for that quarter.
The notes are automatically called if, on any call observation date from November 27, 2026 onward, all indices are at or above 100% of their initial values, in which case investors receive principal plus the applicable coupon. If not called, at maturity investors receive: principal plus final coupon if the least performing index is at or above 70% of its initial value; principal only if it is between 65% and 70%; or a 1‑for‑1 loss of principal in line with the decline of the least performing index if it finishes below 65%, up to a total loss of principal. The estimated value is expected to be $947.60–$977.60 per $1,000, below the 100% issue price, reflecting fees and hedging costs. The notes are fully and unconditionally guaranteed by Nomura Holdings, will not be listed on any exchange, and expose investors to Nomura’s credit risk and complex U.S. tax treatment.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is issuing US$250,000 of Senior Global Medium-Term Notes, Series A, Digital Buffered Notes linked to the least performing of the S&P 500 Index and Russell 2000 Index, maturing August 31, 2027 and fully guaranteed by Nomura.
For each $1,000 note, if the least-performing index finishes at or above its 80% buffer, investors receive $1,000 plus a fixed 8.55% digital return. If it finishes below the buffer, principal is reduced by 1.25× each percentage point decline beyond -20%, potentially to zero.
The notes pay no interest, are unsecured obligations subject to Nomura’s credit risk, and will not be listed on an exchange, so secondary market liquidity may be limited. The estimated value is $992 per $1,000 at pricing, below the 100% issue price; the distribution agent’s commission is 0.45%.
NOMURA HOLDINGS INC (NMR), as guarantor for Nomura America Finance, LLC, is offering senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes linked to the least performing of the EURO STOXX 50 Index, Russell 2000 Index and Technology Select Sector SPDR ETF, maturing on August 31, 2029. The notes pay a contingent monthly coupon of at least 1.2542% (at least 15.05% per annum) only if, on each observation date, all three reference assets are at or above 75% of their initial value. Principal is protected only if, at final valuation, the worst performer is at or above 70% of its initial value; below that level, losses are one-for-one with the decline of the worst index or ETF, up to a 100% loss of principal. The issuer may redeem the notes early on specified dates on or after December 3, 2026 at par plus any due coupon. The estimated value at pricing is expected to be $947.20–$977.20 per $1,000, below the 100% price to public, with agent commission up to 0.25% and total selling compensation capped at 1.00%.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is offering senior unsecured Autocallable Contingent Coupon Barrier Notes linked to the least performing of GS, MS, and WFC, fully and unconditionally guaranteed by Nomura, and scheduled to mature on September 19, 2029.
The notes pay a contingent quarterly coupon of at least 2.825% (11.30% per annum) only if each stock is at or above 60.00% of its initial value on the observation date; otherwise no coupon is paid and investors may receive no coupons over the life of the notes. The notes are automatically called if, on specified dates starting March 15, 2027, each stock is at or above 100.00% of its initial value, in which case investors receive principal plus that period’s coupon. If not called and the final value of the worst stock is below its 60.00% barrier, principal is reduced 1-for-1 with the stock decline, up to a 100% loss of principal. Issue price is 100% of principal, with agent’s commission up to 4.00% and proceeds to issuer of at least 96.00%. The estimated value at pricing is $894.60–$924.60 per $1,000, the notes will not be listed, and U.S. tax treatment and non-U.S. withholding on coupons involve uncertainty.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is offering senior unsecured Autocallable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, linked to the least performing of Meta Platforms, Inc. Class A (META) and Alphabet Inc. Class A (GOOGL), maturing September 19, 2029.
The notes pay a quarterly contingent coupon of at least 3.5875% (≈14.35% per annum) only if on each coupon observation date both reference assets close at or above 60.00% of their initial values; otherwise no coupon is paid. From March 15, 2027, the notes are automatically called if both stocks are at or above 100.00% of their initial values, in which case investors receive principal plus the applicable contingent coupon.
If not called, at maturity investors receive principal plus the final contingent coupon only if the least performing stock is at or above its 60.00% barrier value. If it is below that barrier, repayment is reduced 1‑for‑1 with the decline in that stock, up to a total loss of principal. The estimated economic value is $905.30–$935.30 per $1,000 note, below the 100% issue price, reflecting structuring costs and dealer compensation. The notes will not be listed, involve significant market, issuer and tax risks, and do not provide any participation in upside beyond return of principal plus coupons.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.
NOMURA HOLDINGS INC (NMR), through issuer Nomura America Finance, LLC, is offering $25,000,000 of Senior Global Medium-Term Notes, Series A, in the form of step-down autocallable barrier notes linked to the S&P 500 Index and the Russell 2000 Index, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes are issued at 100% of principal with estimated value of $988.50 per $1,000. They pay no interest and may be automatically called if each index is at or above specified call barriers, paying principal plus a call premium of 10.45% in 2027 or 20.90% at maturity. If not called and the worst-performing index finishes below its 70% barrier, repayment is reduced 1% for each 1% index decline, down to possible total loss of principal.
The notes are unsecured obligations of the issuer, rely on Nomura’s guarantee, are not FDIC insured, will not be listed on any exchange, and may have limited secondary market liquidity. Tax treatment is uncertain and intended to follow a pre-paid derivative contract approach.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is offering senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes due August 30, 2029, linked to the least performing of the Russell 2000 Index, Nasdaq-100 Technology Sector Index and EURO STOXX 50 Index and fully guaranteed by Nomura.
The notes pay a contingent monthly coupon of about 1.0917% (≈13.10% per year) only if on each observation date all three indices are at or above 70% of their initial values. Principal is fully at risk: if the worst index ends below its 70% barrier at final valuation, repayment is reduced 1-for-1 with the index loss, down to zero.
The issuer may call the notes on designated dates starting December 2, 2026, paying principal plus any due coupon. The notes are not listed, may have limited liquidity, and are subject to Nomura’s credit risk. Per-note estimated value at pricing is $951.40–$981.40 per $1,000, below the 100% issue price.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is offering U.S. dollar-denominated Senior Global Medium-Term Notes, Series A, in the form of Digital Buffered Notes linked to the least performing of the S&P 500 Index and the Russell 2000 Index, maturing on August 31, 2027. The notes pay no interest and are unsecured, with payment at maturity based on index performance. If the worst-performing index is at or above 80% of its initial level, investors receive $1,000 plus a fixed digital return of at least 8.55% per $1,000. If it falls below 80%, the digital return is forfeited and principal declines with a 1.25x downside leverage beyond the 20% buffer, potentially resulting in a total loss of principal. The price to public is 100% of principal, with agent commissions up to 0.45% and proceeds to the issuer of at least 99.55%. The estimated initial value is expected between $960.20 and $990.20 per $1,000, below the public offering price, and the notes will not be listed on any securities exchange.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is offering $1,000,000 of senior unsecured equity index-linked notes linked to the S&P 500 Index, Russell 2000 Index and Nasdaq‑100 Index. The notes pay a contingent monthly coupon of $9.792 per $1,000 (0.9792% monthly, up to ~11.75% per annum) only if on each observation date every index is at or above its coupon trigger level, set at 70% of its initial level.
At maturity on August 23, 2029, if not previously redeemed, investors receive $1,000 per $1,000 note only if the final level of every index is at or above its trigger buffer level, set at 60% of its initial level. Otherwise, repayment is reduced one‑for‑one with the loss of the worst‑performing index, and investors can lose up to 100% of principal. Returns are capped at principal plus coupons; upside in the indices beyond par is not passed through.
The issuer may redeem the notes at par, in whole but not in part, on any coupon payment date from November 23, 2026 through July 23, 2029, plus any due coupon. The estimated value at pricing was $989.90 per $1,000, below the 100% issue price, reflecting structuring costs, dealer compensation and hedging. Investors are exposed to the credit risk of Nomura America Finance, LLC and the guarantee of Nomura Holdings, Inc., with no FDIC insurance and limited secondary market liquidity.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is offering US$1,872,000 of senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500, Nasdaq‑100 and Russell 2000, due August 22, 2031, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a 0.9917% monthly contingent coupon (11.90% per annum) only if on each observation date all three indices are at or above their respective contingent coupon barriers set at 70% of initial levels. Nomura may redeem the notes at its option on specified dates from November 24, 2026, paying principal plus any due coupon.
If not redeemed, principal repayment depends on the worst index on the final valuation date. If the least performing index is at or above its barrier value (55% of initial), investors receive at least full principal (plus final coupon if also above the 70% barrier). If it finishes below the 55% barrier, repayment is reduced 1‑for‑1 with the index loss, and up to 100% of principal can be lost. The initial estimated value is $986.80 per $1,000, below the 100% issue price, reflecting fees, hedging and structuring costs. The notes will not be listed, and investors are exposed to the credit risk of Nomura America Finance, LLC and Nomura Holdings, Inc.
Nomura Holdings, Inc. (NMR), via Nomura America Finance, is issuing US$5,465,000 of unsecured Senior Global Medium‑Term Notes, Series A, fully guaranteed by Nomura, linked to the least performing of the Nasdaq‑100, Russell 2000, and EURO STOXX 50 indices and maturing on August 23, 2029.
The notes pay a contingent coupon of 2.6625% quarterly (10.65% per year), or $26.625 per $1,000, only if on each observation date all three indices are at or above their respective contingent coupon barriers, set at 55% of initial index levels. Nomura may redeem the notes at its option on quarterly dates starting November 24, 2026 at par plus any due coupon.
At maturity, if not redeemed, investors receive $1,000 plus the final coupon if the least performing index is at or above its barrier; otherwise, repayment is reduced one‑for‑one with the index loss, down to a possible 100% loss of principal. The estimated initial value is $989.30 per $1,000, below the 100% issue price. The notes will not be listed and are subject to Nomura’s credit risk and limited secondary market liquidity.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is issuing US$26,685,000 of senior unsecured issuer redeemable contingent coupon barrier notes linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a 3.2125% quarterly contingent coupon (12.85% p.a.) only if on each observation date all three indices are at or above 70% of their initial values; otherwise no coupon is paid for that quarter. From November 24, 2026, the issuer may redeem the notes quarterly at par plus any due coupon.
If not redeemed, at maturity on August 23, 2029 investors receive par plus the final coupon if the least performing index is at or above its 70% barrier; if it is below, repayment is reduced one-for-one with the index loss, down to a total loss of principal. The notes are not listed, carry Nomura credit risk, and the estimated initial value is $989.70 per $1,000, below the public offering price.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is offering Step-Down Autocallable Barrier Notes under its Senior Global Medium-Term Notes, Series A, linked to the least performing of the S&P 500® Index and Russell 2000® Index, maturing on August 24, 2028.
The notes have a $1,000 denomination and may be automatically called on or after September 3, 2027 if each index is at or above its call barrier, paying principal plus a 10.45% per annum call premium (up to 20.90% at maturity). If not called, repayment at maturity equals $1,000 plus the performance of the least performing index; investors are fully exposed to downside and can lose up to 100% of principal.
The initial values are 7,641.16 (SPX) and 2,992.434 (RTY), with barrier values at 70% of those levels. The estimated value at pricing is expected between $957.10 and $987.10 per $1,000, below the 100% price to public, reflecting fees and hedging costs. The notes pay no interest, are unsecured obligations guaranteed by Nomura Holdings, Inc., will not be listed on any exchange, and involve credit risk, market risk, liquidity risk, and uncertain U.S. tax treatment as a pre-paid derivative contract.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, is issuing US$100,000 of unsecured Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings. These are issuer redeemable contingent coupon barrier notes linked to the worst performer among the Nasdaq‑100, Russell 2000 and S&P 500, maturing August 24, 2028.
The notes pay a 0.9167% monthly contingent coupon (11.00% per annum) only if on each observation date all three indices are at or above their respective contingent coupon barriers, set at 70% of initial value. Principal repayment is also contingent: if the least performing index is at or above its 70% barrier at final valuation, holders receive $1,000 plus the final coupon per $1,000; otherwise repayment is reduced 1:1 with the index loss, down to a total loss of principal.
The issuer may redeem the notes at its option on monthly dates starting February 24, 2027, paying principal plus any due coupon. The price to the public is 100.00% of principal, with a 0.75% selling commission and 99.25% proceeds to the issuer. The estimated value at pricing is $978.90 per $1,000, below issue price, and the notes will not be listed on any exchange.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is offering unsecured, five-year Callable Contingent Coupon Index-Linked Notes due 2031, linked to the EURO STOXX 50®, Russell 2000®, and Nasdaq‑100® indices under its medium‑term note program.
The notes pay a contingent monthly coupon of $10.459 per $1,000 (1.0459% monthly, up to ~12.55% p.a.) only if on each observation date all three indices are at or above 70% of their initial level. Principal is protected only if, at final valuation, every underlier is at or above 60% of its initial level; otherwise repayment is reduced one‑for‑one with the worst index’s decline, down to zero.
Nomura may redeem the notes at par (plus any due coupon) on any coupon payment date from December 3, 2026 through July 31, 2031. The estimated initial value is $954.80–$984.80 per $1,000, below the 100% issue price, reflecting structuring and distribution costs including up to 0.80% underwriting discount. Investors face Nomura credit risk, limited liquidity, complex tax treatment, and the possibility of receiving no coupons and losing their entire investment.
NOMURA HOLDINGS INC (NMR), via issuer Nomura America Finance, LLC, is offering unsecured Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura. The notes are issuer-redeemable contingent coupon barrier notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and EURO STOXX 50 Index, maturing on August 23, 2029.
Investors receive a quarterly contingent coupon of at least 2.6625% (10.65% per annum) per $1,000 only if each index is at or above 55% of its initial value on the observation date; otherwise that coupon is skipped and investors may receive no coupons at all. If held to maturity and not redeemed early, principal is fully protected only if the worst index is at or above its 55% barrier; below that level, repayment is reduced 1-for-1 with the index loss, down to total loss of principal. The notes can be called at Nomura’s option on specified dates starting November 24, 2026 at par plus any due coupon, will not be listed on any exchange, and carry credit risk of both the issuer and Nomura. The estimated value at pricing is expected between $955.50 and $985.50 per $1,000, below the 100% price to public, reflecting fees, hedging costs and model assumptions.
Nomura Holdings, Inc. (NMR), via issuer Nomura America Finance, LLC, is offering unsecured Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura. These are issuer-redeemable contingent coupon barrier notes linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50, maturing on August 23, 2029.
The notes pay a contingent quarterly coupon of at least 3.2125% (≥12.85% per annum), or at least $32.125 per $1,000, only if each index is at or above 70% of its initial value on the observation date. If any index is below this barrier, no coupon is paid for that quarter and investors may receive no coupons at all.
At maturity, if not redeemed early, investors receive $1,000 plus the final coupon if the least performing index is at or above 70% of its initial value; otherwise, principal is reduced 1-for-1 with the index loss, down to a possible total loss. The issuer may redeem the notes quarterly starting November 24, 2026. Price to public is 100% of principal, with agent’s commission up to 0.20%; the estimated initial value is expected between $954.90 and $984.90 per $1,000.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is issuing US$2,106,000 of senior unsecured Autocallable Contingent Coupon Barrier Notes linked to the least-performing of the Russell 2000, Nasdaq-100 Technology Sector Index and S&P 500, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a 0.9458% monthly contingent coupon (about 11.35% per year) only if on each observation date all three indices are at least 70% of their initial values; otherwise no coupon is paid for that month and investors may receive no coupons over the life of the notes. Beginning August 18, 2027, the notes are automatically called at par plus the coupon if all indices are at or above 100% of initial.
If not called, at maturity on August 23, 2029, investors receive par plus the final coupon if the least-performing index is at or above 70% of initial, par only if it is between 60% and 70%, and otherwise a loss matching the full negative performance of the least-performing index below initial, up to a 100% loss of principal. The notes are not listed, are subject to the credit risk of Nomura America Finance, LLC and Nomura Holdings, Inc., and have an estimated value of $987.10 per $1,000 at pricing, below the issue price.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is offering callable contingent coupon index-linked notes due 2029, linked to the S&P 500 Index, Russell 2000 Index and Nasdaq‑100 Index and fully guaranteed by Nomura Holdings, Inc.
The notes pay a monthly contingent coupon of $9.792 per $1,000 (0.9792% monthly, up to about 11.75% per year) only if on each observation date all three indices are at or above their coupon trigger levels, which are set at 70% of initial index levels. Principal is protected only down to trigger buffer levels of 60% of initial levels; if any index finishes below its trigger buffer level at maturity and the notes have not been redeemed, repayment is reduced one-for-one with the loss on the worst index, potentially to zero.
The issuer may redeem the notes at par plus any coupon on any monthly coupon payment date from November 23, 2026 through July 23, 2029. The notes are unsecured obligations subject to Nomura group credit risk. The estimated initial value is $956.50–$986.50 per $1,000, below the 100% issue price, and the notes are not expected to be listed, so liquidity may be limited.
NOMURA HOLDINGS INC (NMR), through Nomura America Finance, LLC, is issuing US$500,000 of Senior Global Medium-Term Notes, Series A fully and unconditionally guaranteed by Nomura. The notes are rate-linked to the 1-Year USD SOFR ICE Swap Rate and mature on August 30, 2027.
For each $1,000 note, investors receive a fixed coupon of 9.00% ($90) at maturity only if the final swap rate is at or below 5.08% (127% of the 4.00% initial value). If the final rate is above 5.08%, no coupon is paid and principal is reduced by the interest rate performance on a 1-to-1 basis, up to a total loss of principal. The estimated value at pricing is $978 per $1,000, below the price to public, and the notes pay no periodic interest and are unsecured, unlisted obligations subject to Nomura’s credit risk.
Nomura Holdings, Inc. (NMR), through its subsidiary Nomura America Finance, LLC, is offering senior unsecured structured notes fully and unconditionally guaranteed by Nomura. The notes are Issuer Redeemable Contingent Coupon Barrier Notes linked to the worst performer of the Russell 2000 Index (RTY) and the iShares MSCI Emerging Markets ETF (EEM), maturing on August 28, 2031.
Investors receive a contingent monthly coupon of at least 1.00% (12.00% per annum) only if on each observation date both reference assets are at or above a 70% contingent coupon barrier60% barrier value; otherwise repayment is reduced one-for-one with the loss in the least performing asset, down to zero. Nomura may redeem the notes early on specified dates starting December 1, 2026, paying principal plus any due coupon. The notes are sold at 100% of principal, with up to 0.15% agent commission and up to 0.50% referral fees, and an estimated initial fair value between $951.50 and $981.50 per $1,000, below the issue price, reflecting embedded costs and hedging.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is issuing US$20,000,000 of Senior Global Medium-Term Notes, Series A, in the form of Step-Down Autocallable Barrier Notes linked to the S&P 500 Index and the Russell 2000 Index, guaranteed by Nomura Holdings, Inc.
The notes are sold at 100.00% of principal (minimum investment $10,000), with estimated fair value of $982 per $1,000 at pricing and no periodic interest. They may be automatically called if both indices are at or above specified call barriers, paying principal plus a call premium of 10.30% in 2027 or 20.60% at maturity.
If not called, principal repayment depends on the performance of the least performing index. If that index ends below its barrier value (70% of its initial level), investors lose 1% of principal for each 1% decline and can lose up to 100% of principal. The notes are unsecured obligations exposed to Nomura’s credit risk, are not FDIC insured, will not be listed on an exchange, and involve uncertain U.S. tax treatment as prepaid derivative contracts.
Nomura Holdings, Inc. (NMR), via Nomura America Finance, LLC, is issuing $30,000,000 of Senior Global Medium-Term Notes, Series A, structured as Step-Down Autocallable Barrier Notes linked to the least performing of the S&P 500 Index and Russell 2000 Index, maturing August 17, 2028.
The notes are unsecured, fully and unconditionally guaranteed by Nomura, sold at 100% of principal with an estimated initial value of $985.40 per $1,000. They may be automatically called if both indices are at or above specified barriers, paying principal plus a 10.30% call premium in 2027 or 20.60% at maturity. If not called and the least performing index finishes below 70% of its initial level, investors lose 1% of principal for each 1% decline, down to a 100% loss of principal. The notes pay no interest, are not listed on an exchange, and secondary market liquidity may be limited.
NOMURA HOLDINGS INC (NMR), via subsidiary Nomura America Finance, LLC, is offering US$250,000 of unsecured Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura. These are digital buffered notes linked to the least performing of the S&P 500 Index and the Russell 2000 Index, maturing August 20, 2027.
For each $1,000 note, investors receive principal plus an 8.50% digital return at maturity if the least performing index is at or above its buffer value (80% of its initial level). Below the buffer, repayment is reduced with a 1.25x downside leverage to index losses beyond -20%, and investors can lose all principal. The initial index levels are 7,785.76 (SPX) and 3,068.415 (RTY), with buffer levels at 6,228.61 and 2,454.732 respectively.
The price to the public is 100% of principal, with a 1.00% selling commission and 99.00% proceeds to the issuer. The estimated fair value is $991.10 per $1,000. The notes pay no interest, are not FDIC insured, will not be listed on an exchange, and their value and payment depend on Nomura’s creditworthiness.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is offering US$681,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura. The notes bear a fixed interest rate of 4.70% per annum, paid annually on August 18, 2027 and at maturity on August 18, 2028, using a 30/360 day-count basis.
The notes are unsecured obligations of the issuer and are subject to Nomura’s credit risk; they are not bank deposits and are not FDIC-insured. The issuer may redeem the notes in full on August 18, 2027; otherwise, investors receive principal plus final interest at maturity. The notes are offered at 100.00% of principal; Citigroup Global Markets Inc. acts as distribution agent, receiving a 0.20% commission, with net proceeds to the issuer of 99.80% of principal. The notes will be issued in minimum denominations of US$1,000 through DTC and are not expected to be listed on any securities exchange, and the documents highlight credit, liquidity, early redemption and tax treatment uncertainties as key risks.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is offering Step-Down Autocallable Barrier Notes linked to the S&P 500 Index and the Russell 2000 Index under its Senior Global Medium-Term Notes, Series A program. The notes are senior unsecured obligations fully and unconditionally guaranteed by Nomura and are issued in $1,000 denominations, with a minimum initial investment of $10,000. The price to public is 100% of principal, with placement agent fees up to 0.45% (≤ $4.50 per $1,000).
The notes may be automatically called if both indices are at or above specified barriers, paying principal plus a 10.30% call premium in 2027 or 20.60% in 2028. If not called, maturity payment depends on the performance of the least performing index; if its final level is below 70% of its initial value, investors lose 1% of principal for each 1% decline, down to a total loss. The estimated value at pricing is expected between $958.40 and $988.40 per $1,000, below the issue price, and the notes bear no interest and will not be listed on any exchange.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is offering $30,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura. These are autocallable contingent coupon barrier notes linked to the least performing of Goldman Sachs (GS), Morgan Stanley (MS), and Wells Fargo (WFC), maturing August 16, 2029.
The notes pay a 3.00% quarterly contingent coupon (12.00% per annum) per $1,000 principal only if on each observation date every reference stock is at or above its contingent coupon barrier, set at 60% of its initial value. From February 16, 2027 onward, the notes are automatically called if each stock is at or above 100% of its initial value, paying principal plus the due coupon.
If not called, and on the final valuation date the least performing stock is at or above its 60% barrier, investors receive $1,000 plus the final coupon. If it finishes below the barrier, repayment is reduced 1:1 with the stock loss, down to a total loss of principal. The estimated value is $932.50 per $1,000, below the 100% issue price; the agent’s commission is 4.00%, so issuer proceeds are 96% of principal.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is issuing US$8,500,000 of Senior Global Medium-Term Notes, Series A, in the form of Autocallable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500, EURO STOXX 50 and Russell 2000.
The notes pay a contingent quarterly coupon of at least 2.675% (10.70% per annum) only if all three indices are at or above their respective contingent coupon barriers (70% of initial levels) on observation dates. They may be automatically called from November 12, 2026 if all indices are at or above 100% of initial, returning principal plus that period’s coupon.
If not called, and the worst index finishes below its 65% barrier on the January 12, 2028 final valuation date, repayment is reduced 1:1 with the index loss, up to total principal loss. The estimated value is $990.20 per $1,000, below the 100% issue price, and the notes are unsecured obligations guaranteed by Nomura.
Nomura America Finance, LLC is offering unsecured Rate Notes linked to the 1-Year USD SOFR ICE Swap Rate, fully and unconditionally guaranteed by Nomura Holdings, Inc., under its Senior Global Medium-Term Notes, Series A program. The notes are scheduled to mature on August 30, 2027, with the base rate set on a final valuation date of August 25, 2027.
Holders receive a single coupon of 9.00% ($90 per $1,000) at maturity only if the final 1‑Year USD SOFR ICE Swap Rate is at or below the threshold value of 5.08% (127% of the initial value of 4.00%). If the final rate exceeds the threshold, principal repayment is reduced on a -1.00x basis to any positive interest rate performance and investors may lose up to 100% of principal and receive no coupon.
The notes will not bear periodic interest, will not be listed on any securities exchange, and expose investors to the credit risk of both Nomura America Finance, LLC and Nomura Holdings, Inc. The estimated initial value is expected to be between $921 and $971 per $1,000, below the 100% price to public, and tax treatment is described as uncertain, with an intended treatment as a pre-paid derivative contract on the base rate.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.