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), via Nomura America Finance, is offering unsecured Senior Global Medium-Term Notes, Series A, linked to the least performing of the S&P 500, Nasdaq‑100, and Russell 2000. The notes are fully and unconditionally guaranteed by Nomura Holdings.
The notes are scheduled to price on August 19, 2026, issue on August 24, 2026 and mature on August 22, 2031, with monthly coupon observation dates. Investors receive a contingent coupon of about 0.9917% per month (≈11.90% p.a.) only if on each observation date all three indices are at or above 70% of their initial value. If any index is below this level, no coupon is paid for that month, and investors may receive no coupons over the life of the notes.
At maturity, if not called, investors receive principal plus the final coupon if the least performing index is at or above its 70% contingent coupon barrier; principal only if it is between 55% and 70% of its initial value; and a 1‑for‑1 loss of principal in line with the index decline if it is below 55%, up to a total loss. The issuer may redeem the notes at par plus any due coupon on specified monthly dates starting in November 2026. The price to the public is 100% of principal, with agent’s commission up to 0.50%, and the initial estimated value is expected to be $960–$990 per $1,000. The notes will not be listed on any exchange and involve both Nomura America Finance’s and Nomura Holdings’ credit risk.
Nomura Holdings, Inc. (NMR), via Nomura America Finance, LLC, is issuing $1,966,000 of senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500 indexes, maturing August 15, 2031 and fully guaranteed by Nomura. The notes pay a 2.475% quarterly contingent coupon (9.90% per annum) only if each index closes on or above its contingent coupon barrier on the relevant observation date; otherwise no coupon is paid and investors may receive no income.
Principal repayment is conditional: if the final level of the least performing index is below its barrier value (60% of initial), investors lose principal on a 1‑for‑1 basis, up to 100% loss; if it is between the barrier and the higher contingent coupon barrier (65% of initial), investors receive only par; if at or above the contingent coupon barrier, investors receive par plus the final contingent coupon. Nomura may redeem the notes early on specified dates starting August 17, 2027, paying par plus any due coupon. The notes are sold at 100% of principal, with a 0.60% selling commission (99.40% proceeds to issuer), and have an initial estimated value of $971.90 per $1,000, below the issue price.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, LLC, is issuing US$1,284,000 of senior issuer-redeemable contingent coupon barrier notes under its Global Medium-Term Notes, Series A program, fully and unconditionally guaranteed by Nomura.
The notes are linked to the least performing of the Nasdaq‑100, Russell 2000, and S&P 500. They pay a 2.9625% quarterly contingent coupon (11.85% per annum) of $29.625 per $1,000 only if, on each observation date, all indices are at or above 70.00% of their initial values; otherwise no coupon is paid for that quarter. Nomura may redeem the notes at par plus any due coupon on specified dates starting February 18, 2027.
If not redeemed, at maturity in August 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 1‑for‑1 with the index loss, down to a possible 100% principal loss. The notes are unsecured, subject to Nomura’s credit risk, will not be listed, and have an estimated initial value of $981.80 per $1,000, below the 100% issue price.
NOMURA HOLDINGS, INC. (NMR), via Nomura America Finance, LLC, is offering senior unsecured Step-Down Autocallable Barrier Notes linked to the S&P 500 Index and Russell 2000 Index, due August 17, 2028, under its Senior Global Medium-Term Notes, Series A program and fully guaranteed by Nomura.
The notes may be automatically called if on a call observation date the closing value of each index is at or above its call barrier, paying back principal plus a call premium of 10.30% in 2027 or 20.60% at maturity. If not called and the least performing index ends below its 70% barrier, repayment is reduced one-for-one with index loss, down to total loss of principal; the notes pay no interest and offer no principal protection.
The initial index levels are 7,798.99 (SPX) and 3,052.847 (RTY), with barrier values of 5,459.29 and 2,136.993. The price to public is 100% of principal; the estimated value at pricing is expected between $950.50 and $980.50 per $1,000. The minimum initial investment is $10,000, the notes will not be listed, secondary liquidity may be limited, and investors are exposed to Nomura’s credit risk and uncertain U.S. tax treatment.
Nomura Holdings, Inc. (NMR), through Nomura America Finance, LLC, is offering senior unsecured Autocallable Contingent Coupon Barrier Notes linked to the least-performing of the S&P 500, EURO STOXX 50 and Russell 2000, maturing on January 18, 2028 and fully guaranteed by Nomura.
The notes pay a contingent coupon of at least 2.675% quarterly (about 10.70% per annum) only if on each observation date all three indices are at or above their contingent coupon barriers set at 70% of initial levels; otherwise no coupon is paid. The notes may be automatically called beginning November 12, 2026 if all indices are at or above 100% of their initial values, in which case investors receive principal plus the applicable coupon. If held to maturity and not called, principal is protected only if the least-performing index stays at or above its 65% barrier level; below that, repayment is reduced 1-for-1 with the index loss and can result in a total loss of principal. The estimated value is between $961.40 and $991.40 per $1,000 at pricing, below the 100% issue price, and the notes are subject to Nomura’s credit risk and will not be listed on any exchange.
NOMURA HOLDINGS INC (NMR), via 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 Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on August 24, 2028.
The notes pay a contingent monthly coupon of at least 0.9167% (11.00% per annum) only if, on each observation date, every index is at or above 70% of its initial value. Both the contingent coupon barrier and the principal protection barrier are set at 70% of each index’s initial level. If the notes are not called and the worst-performing index finishes below its barrier on the final valuation date, investors receive $1,000 plus $1,000 times that index’s performance, and may lose up to 100% of principal.
The issuer may redeem the notes at its option on monthly dates starting February 24, 2027, paying $1,000 plus any due coupon. Price to public is 100% of principal, with an agent’s commission of up to 0.75% and proceeds to the issuer of at least 99.25%. The estimated economic value at pricing is expected between $948.60 and $978.60 per $1,000, below the issue price, and the notes will not be listed on any securities exchange.
Nomura Holdings Inc. (NMR), via Nomura America Finance, LLC, is offering US$685,000 of senior unsecured Autocallable Memory Coupon Barrier Notes linked to the least performing of AVGO, CRWD, PLTR and VRT, maturing on August 16, 2029 and fully guaranteed by Nomura.
The notes pay a 2.7667% monthly contingent coupon (33.20% per annum) only if each stock is at or above 50% of its initial value on the observation date; missed coupons can be paid later if the barrier is met. The notes are automatically called at par plus coupon (and any unpaid coupons) if, on monthly call dates from November 11, 2026, all stocks are at or above their 100% call barrier values.
If not called and the least performing stock finishes below its 50% barrier, investors are fully exposed to that decline on a 1‑for‑1 basis and can lose up to 100% of principal. The estimated value is $986.90 per $1,000 at pricing, below the issue price, and the notes will not be listed, limiting liquidity.
NOMURA HOLDINGS INC (NMR), via Nomura America Finance, is issuing US$2,680,000 of unsecured Autocallable Memory Coupon Barrier Notes linked to the worst performer of Broadcom, Alphabet Class A, Netflix and Vistra, maturing August 9, 2029. The notes pay a contingent monthly coupon of about 1.9167% (23.00% per year) for any observation date on which each stock closes at or above 50% of its initial value; missed coupons can be "remembered" and paid later if the condition is met.
Beginning November 6, 2026, the notes are automatically called at par plus due and previously unpaid coupons if all reference assets are at or above 100% of initial value. If not called and the worst-performing stock finishes below its 50% barrier, principal is reduced one-for-one with that decline, up to a 100% loss. The notes are not listed, are fully dependent on Nomura’s credit, and have an estimated value of $990.60 per $1,000 at pricing, below the 100% issue price.
Nomura America Finance, LLC is issuing Autocallable Contingent Coupon Barrier Notes due August 30, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc. The unsecured senior notes are linked to the least performing of Goldman Sachs (GS), Morgan Stanley (MS) and Wells Fargo (WFC) common stock.
The notes pay a contingent coupon of at least 2.8125% quarterly (at least 11.25% per annum), or at least $28.125 per $1,000, only if on each observation date every stock closes at or above its 60% contingent coupon barrier. The same 60% level is the principal barrier value; if at final valuation the least performing stock is below this level and the notes have not been called, repayment of principal is reduced 1-for-1 with that stock’s decline and investors may lose up to 100% of principal.
The notes are automatically called if, on specified dates from March 1, 2027 onward, all three stocks are at or above 100% of their initial value, paying principal plus the applicable coupon. Price to public is 100%, with an agent’s commission of up to 4% and proceeds to the issuer of at least 96%. The estimated value at pricing is expected between $892.50 and $922.50 per $1,000, below the issue price. The notes will not be listed on any exchange and expose investors to Nomura’s credit risk and uncertain U.S. tax treatment.
NOMURA HOLDINGS, INC. (NMR), via Nomura America Finance, LLC, is offering senior unsecured Digital Buffered Notes linked to the least-performing of the S&P 500 Index and the Russell 2000 Index, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are part of Nomura’s Senior Global Medium-Term Notes, Series A and are issued in $1,000 denominations in U.S. dollars.
The notes mature on August 20, 2027, with a final valuation date of August 17, 2027. At maturity, investors receive a cash payment based on the worst-performing index: if its final value is at or above 80.00% of its initial value (the buffer value), the payoff is principal plus a fixed digital return of at least 8.50%. If the final value is below the buffer, repayment is reduced with a 1.25x downside leverage, and investors can lose up to their entire principal.
The price to the public is 100.00% of principal, with an agent’s commission of up to 1.00% and at least 99.00% of principal as proceeds to the issuer. The estimated value at pricing is expected to be between $960.40 and $990.40 per $1,000 note, lower than the public offering price. The notes pay no interest, are not FDIC insured, will not be listed on any exchange, and expose holders to Nomura’s credit risk and structural, market, liquidity, and tax risks described in the risk factor sections.
NOMURA HOLDINGS INC (symbol: NMR) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Nomura America Finance, LLC is issuing $650,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are issuer-redeemable contingent coupon barrier notes linked to the worst performer of the Nasdaq-100 Index, Russell 2000 Index and EURO STOXX 50 Index, maturing on August 14, 2031.
Investors may receive a 3.00% quarterly contingent coupon (12.00% 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. At maturity, if not called, principal repayment depends on the least-performing index: full principal plus final coupon if at or above the contingent coupon barrier; principal only if between the 60% barrier value and the contingent coupon barrier; and a loss matching the index decline if below the barrier value, up to a 100% loss of principal. The estimated value at pricing is $973.60 per $1,000, below the price to public, and the notes are unsecured obligations subject to Nomura’s credit risk.
Nomura America Finance, LLC is offering Autocallable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, Inc., linked to the least performing of the S&P 500 Index (SPX) and the SPDR S&P Regional Banking ETF (KRE), maturing on August 29, 2031. The notes are senior unsecured obligations in $1,000 denominations and will not be listed on any exchange.
Investors may receive a contingent coupon of at least 2.3375% quarterly (9.35% per annum) only if on each observation date the closing value of both reference assets is at or above 70% of their initial value. The same 70% level acts as a barrier for principal at maturity. The notes are autocallable quarterly from August 26, 2027 if both assets are at or above 100% of initial value, in which case holders receive principal plus the applicable coupon.
If the notes are not called and the final value of the least performing reference asset is below its 70% barrier, the cash settlement amount is reduced 1-for-1 with the decline and investors can lose up to 100% of principal. The estimated value on the trade date is expected between $907.40 and $937.40 per $1,000, below the 100% price to public. Agent commissions are up to 3.00%, with total distribution compensation capped at 3.40% per $1,000. Investors are exposed to Nomura’s credit risk and to concentrated sector risk through KRE.
Nomura America Finance, LLC is issuing US$2,848,000 of senior unsecured Autocallable Buffer Notes linked to NVIDIA Corporation common stock, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are priced at 100.00% of principal, with agent’s commission of 1.50% and proceeds to the issuer of 98.50%. The trade date is August 7, 2026, original issue date August 12, 2026, and stated maturity date August 10, 2028, subject to market-disruption-related postponements.
The notes may be automatically called on August 23, 2027 if NVDA closes at or above the call barrier of $223.96, paying principal plus a 21.33% call premium. If not called, investors receive at maturity: principal plus the greater of a 42.66% contingent minimum return or NVDA performance when the final value is at least the initial value of $223.96; principal back if NVDA finishes between the initial value and the buffer value of $167.97 (75% of initial); or a loss with 1.3333x leveraged downside beyond a 25% decline, potentially up to 100% loss of principal. The notes pay no interest, are not FDIC-insured, carry Nomura credit risk, will not be listed on any exchange, and have an estimated value of $982.80 per $1,000 at pricing, below the issue price.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering senior unsecured leveraged buffered notes linked to the S&P 500® Index maturing on September 7, 2027. The notes are issued in $1,000 denominations and pay no interest.
At maturity, investors receive a cash payment based on S&P 500 performance: 100% upside participation, subject to a maximum return of at least 8.00%. A 30.00% buffer protects against moderate declines; if the index falls more than 30%, principal is reduced 1:1 beyond that level, with up to 70.00% loss of principal possible.
The notes are unsecured obligations of Nomura America Finance, guaranteed by Nomura, and are not FDIC insured. The estimated value at pricing is expected to be $956.60–$986.60 per $1,000, below the 100% issue price, reflecting commissions, hedging and structuring costs. The notes will not be listed and may have limited secondary market liquidity.
Nomura America Finance, LLC is issuing US$1,915,000 in issuer redeemable fixed coupon barrier notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by Nomura Holdings, Inc., under its Senior Global Medium-Term Notes, Series A program.
The notes pay a 1.0208% monthly coupon (about 12.25% per year) and may be redeemed at the issuer’s option, in whole, on monthly dates starting February 10, 2027 at par plus coupon. If not redeemed, principal repayment at the August 10, 2027 maturity depends on index performance: if no “trigger event” occurs, investors receive full principal; if a trigger event occurs and the least performing index finishes below its initial level, repayment is reduced 1-to-1 with that index’s decline, up to a total loss of principal.
A trigger event occurs if any index closes at or below its barrier value of 70% of its initial level on any trading day during the observation period. The notes are unsecured, subject to the credit risk of Nomura America Finance and Nomura, will not be listed, and carry an estimated initial value of $990.30 per $1,000 principal amount, below the 100% price to public.
Nomura America Finance, fully guaranteed by Nomura Holdings, is offering issuer redeemable contingent coupon barrier notes linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500, maturing on August 16, 2029. The notes pay a quarterly contingent coupon of at least 2.9625% (11.85% per annum) only if on each observation date all three indices are at or above 70% of their initial values; otherwise no coupon is paid and investors may receive no income over the life of the notes.
At maturity, if not previously called, investors receive $1,000 per note plus the final coupon if the least performing index is at or above its 70% barrier; if it is below, principal is reduced 1‑for‑1 with the index loss, up to a 100% loss of principal. The issuer may redeem the notes at par plus any coupon on specified dates starting February 18, 2027. The estimated initial value is $947.30–$977.30 per $1,000, below the 100% issue price, reflecting fees, hedging costs and issuer funding levels. The notes are unsecured obligations, subject to Nomura’s credit risk, will not be listed on an exchange, and may have limited or illiquid secondary trading.
Nomura America Finance, LLC is offering Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These are Redeemable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq‑100, Russell 2000, and S&P 500 indices, maturing on August 15, 2031.
The notes pay a contingent quarterly coupon of at least 2.475% (at least 9.90% per year) per $1,000 only if on each observation date all three indices are at or above 65% of their initial values. Principal protection is conditional: if the worst index on the final valuation date is at or above 60% of its initial value, investors receive full principal (plus final coupon if also above the 65% barrier). If it finishes below 60%, repayment is reduced 1‑for‑1 with the index loss, up to a total loss of principal.
The issuer may redeem the notes early on specified quarterly dates starting in August 2027 at par plus any due coupon. The notes are unsecured obligations, subject to Nomura’s credit risk, are not listed on any exchange, and have an estimated initial value of $939.60–$969.60 per $1,000, below the 100% issue price, reflecting fees, hedging costs and structuring economics.
Nomura America Finance, LLC, guaranteed by Nomura Holdings, Inc., is offering $813,000 of unsecured structured notes linked to the S&P 500, Russell 2000, and Nasdaq-100 indices. The notes have a $1,000 face amount and may pay a contingent monthly coupon of $10.417 (1.0417% monthly, up to about 12.50% per year) 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 9, 2029, if not previously redeemed, investors receive $1,000 per note only if the final level of every index is at or above its trigger buffer level (60% of initial). Otherwise, repayment is reduced in proportion to the worst-performing index, and up to 100% of principal can be lost. Nomura may redeem the notes at par plus any due coupon on any coupon payment date from November 9, 2026 through July 10, 2029.
The initial estimated value is $987.30 per $1,000, below the 100% issue price, reflecting fees and hedging costs. The notes are not bank deposits and are subject to the credit risk of Nomura America Finance, LLC and Nomura Holdings, Inc., with no FDIC insurance or exchange listing.
Nomura America Finance, LLC is issuing $700,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are Autocallable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100 indices, maturing on August 7, 2031.
Investors receive a 1.00% monthly contingent coupon (12% per annum) only if on each observation date all indices are at or above their contingent coupon barriers set at 70% of initial value. The notes may be automatically called from February 4, 2027 if all indices are at or above 103% of initial value, paying principal plus the applicable coupon. Principal is protected only if, at final valuation, the least performing index is at or above its 60% barrier value; otherwise, repayment is reduced 1-for-1 with the index loss, down to a total loss of principal. The estimated value is $979.70 per $1,000, below the 100% issue price, reflecting dealer compensation, hedging costs and model assumptions.
Nomura America Finance, LLC is offering senior unsecured notes due August 14, 2031, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are redeemable contingent coupon barrier notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index and EURO STOXX 50 Index.
Investors pay 100% of principal per note, while Nomura’s models estimate an initial value between $940.30 and $970.30 per $1,000. A contingent coupon of at least 3.00% quarterly (≥12.00% per year) is paid only if each index closes at or above 70% of its initial value on the relevant observation date; otherwise no coupon is paid.
Principal is at risk: if at final valuation the worst index is below its 60% barrier, repayment is reduced 1-for-1 with that index’s loss, down to a total loss of principal. The issuer may redeem the notes early from November 16, 2026, paying principal plus any due coupon. The notes are not listed and expose holders to Nomura’s credit risk and complex tax treatment.
Nomura America Finance, LLC is offering fixed-rate Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay 4.70% per annum, with interest paid annually in arrears in U.S. dollars on August 18, 2027 and at maturity.
The notes mature on August 18, 2028 and are unsecured obligations of the issuer, guaranteed by Nomura. The issuer may redeem the notes in whole at par plus accrued interest on an Optional Redemption Date of August 18, 2027, after at least two business days’ notice.
The price to the public is 100.00% of principal, with an agent’s commission of up to 0.20%, resulting in proceeds to the issuer of at least 99.80%. Denominations are $1,000 and integral multiples. The notes will clear through DTC, with Citigroup Global Markets Inc. as distribution agent and Nomura Securities International, Inc. as calculation agent.
Nomura America Finance, fully guaranteed by Nomura Holdings, issues US$750,000 in senior issuer-redeemable contingent coupon barrier notes linked to the worst performer of the S&P 500, Nasdaq-100 and Russell 2000, maturing August 9, 2028. Investors receive a 3.00% quarterly contingent coupon (12.00% per annum) only if all three indices close at or above their contingent coupon barriers (70% of initial levels) on each observation date; otherwise no coupon is paid. If the notes are not called and the worst-performing index finishes below its 70% barrier, principal is reduced 1-for-1 with the index loss, up to a 100% loss of principal. Nomura may redeem the notes at par plus any coupon on specified dates starting November 9, 2026. The issuer’s estimated value is $978.90 per $1,000, below the 100% issue price, reflecting fees, hedging and funding costs. The notes are unsecured, not bank deposits, and will not be listed on any exchange.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering U.S. dollar-denominated Autocallable Memory Coupon Barrier Notes linked to the least performing of Broadcom, Alphabet Class A, Netflix and Vistra shares, maturing August 9, 2029. The notes pay a contingent monthly coupon of approximately 1.9167% (about 23.00% per year) only if each stock closes at or above its 50.00% contingent coupon barrier on the relevant observation date; missed coupons may be paid later if conditions are met. The notes are automatically called if, on specified dates from November 6, 2026, all stocks are at or above 100.00% of their initial value, returning principal plus due and unpaid coupons. If not called, and the worst stock finishes below 50.00% of its initial value, principal is reduced 1-to-1 with that decline, up to a 100% loss. The estimated value on the trade date is expected between $935.30 and $965.30 per $1,000 principal, below the 100.00% issue price, and the notes carry full credit risk of Nomura.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering senior unsecured Autocallable Memory Coupon Barrier Notes due August 16, 2029, linked to the least-performing of Broadcom, Crowdstrike, Palantir and Vertiv shares. The notes are issued under the Senior Global Medium-Term Notes, Series A program and will not be listed on an exchange.
The notes pay a contingent quarterly coupon of approximately 2.7667% (about 33.20% per annum) per $1,000 only if each equity is at or above a 50.00% barrier on observation dates; missed coupons may be paid later if conditions are met. The notes are autocallable at par plus coupon and any unpaid coupons if all names are at or above 100.00% of initial value on specified dates from November 2026.
At maturity, if not called, payment depends solely on the least-performing stock. If its final value is at or above 50.00% of initial, holders receive principal plus the final coupon; if below, principal is reduced 1-for-1 with the decline, up to a 100% loss. The indicative estimated value is between $940.00 and $970.00 per $1,000, below the 100.00% price to public, reflecting fees, hedging and funding costs.
Nomura America Finance, LLC is offering $1,570,000 in Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These 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 8, 2029.
The notes pay a 2.80% quarterly contingent coupon ($28 per $1,000, 11.20% per annum) only if on each observation date all three indices are at or above 55.00% of their initial values. Principal repayment is also contingent: if at final valuation the least performing index is below its 55.00% barrier, repayment is reduced 1-for-1 with the index loss, down to a possible 100% loss of principal.
The notes are unsecured obligations of the issuer, guaranteed by Nomura, not bank deposits and not FDIC insured. The issuer may redeem the notes early on specified dates, paying principal plus any due coupon. The estimated value at pricing was $985.50 per $1,000, below the 100.00% issue price, reflecting fees, hedging and structuring costs.
Nomura America Finance, LLC, guaranteed by Nomura Holdings, Inc., is issuing $500,000 of unsecured auto-callable contingent interest notes linked to the S&P 500, Russell 2000 and Nasdaq-100 indices. The notes pay a $7.917 monthly contingent coupon per $1,000 face amount (0.7917% monthly, up to approximately 9.50% per annum) only if on each observation date every index stays at or above 70% of its initial level. The notes are automatically called if, on specified dates starting February 3, 2027, all indices are at or above 103% of their initial levels, in which case investors receive $1,000 per note plus the due coupon. At maturity on August 7, 2031, if not called, holders receive $1,000 per note only if each index is at or above its 70% buffer level; otherwise principal is reduced one-for-one beyond a 30% decline in the worst-performing index, with up to 70% of principal potentially lost. The estimated value is $987.30 per $1,000, below the issue price, and the notes are not FDIC-insured.
Nomura America Finance, LLC is issuing $12,545,000 of senior issuer redeemable contingent coupon barrier notes, guaranteed by Nomura Holdings, Inc., linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50. The notes pay a 3.2625% quarterly contingent coupon (13.05% per annum) only if on each observation date every index is at least 70% of its initial value. The issuer may call the notes at par plus any due coupon on quarterly dates starting November 6, 2026; otherwise they mature on August 8, 2029.
If not redeemed and the least performing index finishes below its 70% barrier, principal is reduced 1-for-1 with the index loss, up to a 100% loss of principal. Initial index levels are 7,600.50 (SPX), 2,981.908 (RTY) and 6,426.50 (SX5E). The notes price at 100% of principal with a 0.20% selling commission; estimated value is $985.50 per $1,000. The notes are unsecured, not FDIC insured, unlisted, and subject to detailed market, credit, liquidity and tax risks outlined in the risk disclosures.
Nomura America Finance, fully guaranteed by Nomura Holdings, is offering U.S. dollar-denominated Autocallable Buffer Notes linked to NVIDIA Corporation common stock. The notes are unsecured, pay no interest, and expose investors to both Nomura’s credit risk and NVDA equity performance.
The notes may be automatically called on August 23, 2027 if NVDA closes at or above the call barrier (100% of its initial value), paying $1,000 plus a 21.33% call premium per $1,000 principal. If not called, they mature on August 10, 2028 with a payoff based on NVDA’s final value.
At maturity, investors receive at least principal plus a 42.66% contingent minimum return if NVDA finishes at or above its initial value; principal is returned if NVDA finishes between 75% and 100% of its initial value. Below 75%, losses are amplified with a 1.3333x downside leverage after a 25% buffer, up to a total loss. The estimated initial value is $946.80–$976.80 per $1,000, less than the 100% price to public, and the minimum initial investment is $10,000. The notes will not be listed, and liquidity may be limited.
Nomura America Finance, LLC is offering Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These are issuer-redeemable fixed coupon barrier notes linked to the least performing of the Nasdaq-100, Russell 2000, and S&P 500 indices, maturing on August 10, 2027.
The notes pay a monthly coupon of at least 1.0208% (about 12.25% per annum) unless redeemed early. A trigger event occurs if any index closes at or below 70% of its initial value on any trading day in the observation period, which can expose investors to 1‑for‑1 downside in the worst-performing index and up to a total loss of principal at maturity. The estimated value at pricing is expected between $960.20 and $990.20 per $1,000 note, below the 100% price to public, and the notes are unsecured obligations subject to Nomura’s credit risk and will not be listed on any exchange.
Nomura America Finance, LLC is issuing $500,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These are Digital Buffer Notes linked to the Class A common stock of Vertiv Holdings Co. (VRT), maturing on September 3, 2027.
Each $1,000 note pays at maturity a cash amount based on VRT’s performance. If the final value is at or above the buffer value of $113.75 (50.00% of the $227.50 initial value), investors receive $1,000 plus a 16.50% digital return, capped regardless of further stock appreciation. If the final value is below the buffer value, the payoff is reduced by 2.00x the decline beyond -50.00% of the stock, with losses up to 100% of principal.
The notes bear no interest, are unsecured obligations of the issuer, and are subject to Nomura’s credit risk. The price to the public is 100.00% of principal, with a 0.90% agent’s commission and 99.10% proceeds to the issuer. The estimated value at pricing is $999.20 per $1,000 principal amount, lower than the issue price. The notes will not be listed on any securities exchange, and secondary market liquidity may be limited.
Nomura America Finance, LLC is offering callable contingent coupon index‑linked notes due 2029, guaranteed by Nomura Holdings, Inc. The notes are linked to the S&P 500 Index, Russell 2000 Index and Nasdaq‑100 Index and are unsecured, unsubordinated obligations that are not FDIC insured.
Holders receive a contingent monthly coupon of $10.417 per $1,000 face amount (1.0417% monthly, up to approximately 12.50% per year) only if on each observation date all three indexes close at or above 70% of their initial level. Principal repayment is contingent: at maturity, if the notes have not been called and the worst‑performing index is at or above 60% of its initial level, investors receive $1,000 per note; otherwise repayment is $1,000 plus $1,000 × least‑performing index return, which can result in a total loss of principal.
Nomura may call the notes at par plus any due coupon on any coupon payment date from November 9, 2026 through July 10, 2029. The estimated value on the trade date is expected to be $955.60–$985.60 per $1,000, below the issue price, reflecting dealer compensation and hedging costs. Investors face the credit risk of both Nomura America Finance, LLC and Nomura Holdings, Inc. and may receive no coupons or principal protection.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering unsecured Issuer Redeemable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50 indexes, maturing on August 8, 2029.
Investors may receive a quarterly contingent coupon of at least $32.625 per $1,000 (at least 3.2625% quarterly, 13.05% p.a.) only if each index closes at or above 70% of its initial level on the observation date. Principal is protected only if the least performing index is at or above its 70% barrier at final valuation; otherwise repayment is reduced one‑for‑one with the index loss, down to a total loss of principal. The issuer can redeem the notes early on specified dates starting November 6, 2026, paying par plus any due coupon.
The notes are not listed, their estimated initial value is between $955.40 and $985.40 per $1,000, and they carry Nomura credit and liquidity risk.
Nomura America Finance, LLC is issuing $2,600,000 of senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, Inc.. The notes are linked to the least performing of the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index, and mature on February 2, 2029.
Investors may receive a 1.15% monthly contingent coupon (13.80% per annum) only if, on each observation date, all three indices are at or above their contingent coupon barriers set at 70% of initial value. Principal is at risk: if at final valuation the least performing index closes below its 65% barrier value, repayment is reduced 1‑for‑1 with index loss, down to a total loss of principal. Nomura may redeem the notes early on specified dates, paying principal plus any due coupon.
The notes price at 100% of principal, with an agent’s commission of 0.40%, generating proceeds to the issuer of 99.60%. The estimated economic value is $992.20 per $1,000, reflecting structuring and distribution costs. The notes are not listed, involve Nomura credit risk, and feature complex tax and market‑linked risk characteristics described in detail in the risk and tax sections.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering Senior Global Medium-Term Notes, Series A, issued as Digital Buffer Notes linked to the Class A common stock of Vertiv Holdings Co. (VRT). Each note has a $1,000 principal amount, no interest, and matures on September 3, 2027.
If Vertiv’s final stock value is at or above the buffer value of $113.75 (50% of the $227.50 initial value), investors receive $1,000 plus a fixed digital return of 16.50%, regardless of how high the stock rises. If the final value is below the buffer, repayment is $1,000 plus the stock performance beyond -50%, multiplied by a 2.00x downside leverage factor, so losses accelerate and principal can be entirely lost. The notes are unsecured obligations subject to Nomura’s credit risk, are not FDIC insured, will not be listed on any exchange, and their estimated initial value is expected to be $956.30–$986.30 per $1,000, less than the price to the public.
Nomura America Finance, LLC is offering autocallable contingent coupon barrier notes, fully and unconditionally guaranteed by Nomura Holdings, Inc., linked to the least performing of the S&P 500, Russell 2000, and Nasdaq-100. The notes mature on August 7, 2031, unless called earlier, and are unsecured obligations subject to the credit risk of both issuers.
The notes pay a monthly contingent coupon of at least 1.00% (≥12.00% per annum) if on each observation date all three indexes are at or above 70% of their initial value. They are automatically called at par plus the coupon on any monthly call date from February 4, 2027 onward if all indexes are at or above 103% of their initial value. If not called, investors receive full principal at maturity only if the least performing index ends at or above 60% of its initial value, with no final coupon when it is between 60% and 70%. Below 60%, principal loss is 1:1 with the index decline and up to 100% may be lost.
The notes are offered at 100% of principal, with estimated initial value of $944.20–$974.20 per $1,000, reflecting fees and hedging costs, and will not be listed on any exchange, so liquidity may be limited.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering issuer redeemable contingent coupon barrier notes linked to the least performing of the S&P 500® Index, Nasdaq‑100 Index® and Russell 2000® Index, maturing on August 9, 2028, in $1,000 denominations.
The notes pay a quarterly contingent coupon of at least 3.00% (≥12.00% per annum) only if each index closes at or above 70% of its initial value on the observation date; investors may receive no coupons. Principal repayment is also contingent: if the least performing index is below its 70% barrier value at final valuation, repayment is reduced 1:1 with the decline and can fall to $0.
Nomura may redeem the notes at par plus any due coupon on quarterly dates starting November 9, 2026. The notes are unsecured, will not be listed, and carry Nomura’s credit risk. The estimated initial value is $941.60–$971.60 per $1,000, below the 100% price to public.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering unsecured Autocallable Contingent Coupon Barrier Notes due August 16, 2029 linked to the least performing of the common stocks of The Goldman Sachs Group, Inc. (GS), Morgan Stanley (MS) and Wells Fargo & Company (WFC).
The notes pay a quarterly contingent coupon of at least 3.00% (12.00% per annum) only if on each observation date the closing value of every reference asset is at least 60% of its initial value. Beginning February 16, 2027, the notes are automatically called at par plus the applicable coupon if each stock is at or above 100% of its initial value on a call observation date.
If not called, at maturity investors receive par plus the final coupon only if the least performing stock is at or above its 60% barrier value; otherwise repayment is reduced 1-for-1 with the decline in that stock, down to a total loss of principal. The estimated initial economic value is $882.40–$912.40 per $1,000, below the 100% price to public, reflecting fees, hedging costs and issuer funding. All payments are subject to the credit risk of Nomura America Finance, LLC and Nomura Holdings, Inc., and the notes will not be listed on any exchange.
Nomura America Finance, LLC is issuing $500,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These are issuer-redeemable contingent coupon barrier notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index, and S&P 500 Index, maturing on July 27, 2029.
The notes are offered at 100.00% of principal with a 0.75% agent’s commission, providing proceeds to the issuer of 99.25% (total $496,250). They pay a 1.15% monthly contingent coupon (13.80% per annum) only if, on each observation date, every index is at or above its contingent coupon barrier set at 75.00% of its initial level (for example NDX barrier 21,096.26 vs initial 28,128.34).
At maturity, if not redeemed early, investors receive principal plus the final coupon if the least performing index is at or above its barrier value; otherwise, repayment is reduced 1-for-1 with the index loss, down to 0% principal. The issuer may redeem the notes on specified dates from January 28, 2027. The estimated value is $979.30 per $1,000 at pricing, below the issue price, and the notes are unsecured, unlisted, and subject to Nomura’s credit risk.
Nomura America Finance, LLC is issuing $1,355,000 of unsecured senior medium-term notes, fully and unconditionally guaranteed by Nomura Holdings, Inc., linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices and maturing on July 29, 2031. The notes pay a contingent monthly coupon of approximately 1.0917% (13.10% per annum) only if, on each observation date, every index is at or above its specified contingent coupon barrier (70% of its initial level). The issuer may redeem the notes at its option on specified dates starting October 29, 2026 at par plus any applicable coupon. At maturity, if not redeemed, investors receive par plus the final coupon if the least performing index is at or above its contingent coupon barrier; par if it is between the barrier value (55% of initial) and the contingent coupon barrier; or a 1-to-1 loss of principal if the least performing index finishes below its barrier value, up to a 100% loss. The notes are sold at 100% of principal with a 0.40% selling commission and an estimated initial value of $985.20 per $1,000.
Nomura America Finance, LLC is issuing $8,000,000 of senior unsecured index-linked notes, fully and unconditionally guaranteed by Nomura Holdings, Inc., under its Senior Global Medium-Term Notes, Series A program. These issuer redeemable contingent coupon barrier notes are linked to the least performing of the Russell 2000 Index, the S&P 500 Index and the Nasdaq-100 Index and are scheduled to mature on July 27, 2028, unless redeemed earlier at Nomura’s option on quarterly dates starting October 28, 2026 at par plus any applicable contingent coupon.
The notes offer a 3.75% quarterly contingent coupon (15.00% per annum) per $1,000 principal, payable only if on every scheduled trading day in the relevant observation period each index stays at or above 75.00% of its initial value. Both the contingent coupon barrier and the principal barrier are set at 75.00% of initial levels: RTY 2,205.122; SPX 5,556.23; NDX 21,341.11. If the notes are not redeemed and the least performing index finishes below its barrier, repayment is reduced 1-for-1 with the index decline, exposing holders to a loss of up to 100% of principal, even after any coupons.
The notes price at 100.00% of principal; the agent’s commission is 1.50%, yielding 98.50% in proceeds to the issuer, or $7,880,000 in aggregate. The issuer-calculated estimated value at pricing is $973.70 per $1,000, below the issue price, reflecting costs, hedging and structuring margins. The notes will not be listed, may have limited secondary liquidity, and all payments are subject to the credit risk of Nomura America Finance and Nomura Holdings.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is issuing US$2,000,000 of Autocallable Memory Contingent Coupon Buffer Notes linked to the common stock of GE Vernova Inc. (GEV), maturing on August 9, 2027.
The notes pay a 2.00% monthly contingent coupon per $1,000 only if GEV’s closing value on each observation date is at or above the contingent coupon buffer of 70.00% of the initial value ($689.52). Starting September 4, 2026, the notes are automatically called if GEV is at or above 110.00% of its initial value ($1,083.53), returning principal plus the applicable coupon and any unpaid coupons.
If not called and the final value is below the buffer value of 70.00%, principal is reduced with a 1/0.70 (≈1.42857x) downside leverage factor, exposing investors to up to 100% loss of principal. The estimated value is $983.60 per $1,000, below the 100% issue price, and the notes are unsecured, not FDIC insured, unlisted, and subject to Nomura’s credit and complex U.S. tax treatment.
Nomura America Finance, LLC is offering senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, Inc., linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The notes trade at 100% of principal with an agent’s commission of up to 0.40%, in minimum denominations of $1,000, and are scheduled to mature on July 29, 2031.
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 least 70% of their initial values55% and 70%, only principal is repaid; if it is below 55%, repayment is reduced 1:1 with the index loss and investors may lose up to 100% of principal.
The issuer may redeem the notes at its option on specified dates starting October 29, 2026, paying principal plus any due coupon. The estimated value on the trade date is expected to be between $955.10 and $985.10 per $1,000, below the public offering price. The notes are not FDIC insured, will not be listed on an exchange, and expose investors to the credit risk of Nomura.
Nomura America Finance, LLC is offering senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, Inc., linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The notes are issued at 100.00% of principal, with an estimated initial value between $956.90 and $986.90 per $1,000, and an agent’s commission of up to 0.40%. Investors may receive a contingent coupon of at least 1.15% monthly (at least 13.80% per annum) 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 period.
Principal is protected only if the least performing index on the final valuation date is at or above 65% of its initial value. If it falls below this barrier, repayment is reduced 1-for-1 with the index decline, leading to potential 100% loss of principal. The issuer may redeem the notes early on specified dates from November 4, 2026, paying principal plus any due coupon. The notes mature on February 2, 2029, are not FDIC-insured, are subject to Nomura’s credit risk, and will not be listed on any securities 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 its finance subsidiary Nomura America Finance, LLC, is issuing US$3,100,000 of 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 Index and the Russell 2000 Index, maturing January 25, 2028.
The notes pay a contingent monthly coupon of $8.667 per $1,000 principal (about 0.8667% per month, 10.40% per year) only if, on each observation date, both indices are at or above their contingent coupon barriers, set at 65% of initial levels. Principal repayment at maturity is also contingent: if the least performing index is at or above its 65% barrier, investors receive $1,000 plus the final coupon; if it is below, repayment is reduced 1-for-1 with the index loss and investors can lose up to 100% of principal.
The issuer may redeem the notes at its option on monthly dates starting August 25, 2026, paying principal plus any due coupon. The estimated value is $990.70 per $1,000 at pricing, below the 100% issue price, reflecting dealer compensation and structuring/hedging costs. The notes are unsecured, subject to Nomura’s credit risk, will not be listed on an exchange, and may have limited or illiquid secondary trading.
Nomura America Finance, LLC is offering US$12,210,000 of senior unsecured Autocallable Memory Contingent Coupon Buffer Notes linked to Qualcomm Incorporated common stock, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a 5.04% quarterly contingent coupon (US$50.40 per US$1,000) only if QCOM’s closing value is at or above the contingent coupon buffer of $103.07, which is 60% of the $171.78 initial value; missed coupons may be paid later if the barrier is met on subsequent observation dates.
The notes are automatically called if QCOM is at or above the $171.78 call barrier (100% of initial value) on specified observation dates, returning principal plus the then-due and any previously unpaid contingent coupons. If not called and the final value is at or above the buffer value of $103.07, investors receive principal plus the final contingent coupon and any unpaid contingent coupons. If the final value is below the buffer value, principal is reduced using a 1.6667x downside leverage factor beyond a 40% loss, and investors can lose up to 100% of principal.
The price to the public is 100% of principal, with a 1.00% selling concession and 99.00% proceeds to the issuer. The estimated value is $985.10 per $1,000 at pricing. The notes are not bank deposits, are unsecured obligations of Nomura America Finance, LLC guaranteed by Nomura Holdings, Inc., are subject to Nomura’s credit risk, will not be listed on any securities exchange, and have uncertain U.S. tax treatment, which the issuer intends to treat as contingent income-bearing pre-paid derivative contracts.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is issuing US$775,000 of unsecured Autocallable Memory Coupon Barrier Notes linked to the S&P 500 Index, maturing August 19, 2027. The notes are part of the Senior Global Medium-Term Notes, Series A program and will not be listed on any exchange.
Investors pay 100% of principal, while the issuer receives 98.958% after a 1.042% selling concession; the notes’ estimated value on the trade date is $983.40 per $1,000, below the issue price. The notes pay a contingent coupon of $20.70 per $1,000 (2.07% quarterly) only if the S&P 500 closes at or above the 75% barrier (5,679.30) on observation dates; missed coupons may be paid later if conditions are met ("memory" feature).
The notes are autocallable from November 16, 2026 if the index is at or above 100% of the initial level (7,572.40), returning principal plus due and unpaid coupons. If not called and the final S&P 500 level is below the 75% barrier, repayment is reduced one-for-one with the index decline, and investors can lose up to 100% of principal. Returns are capped at principal plus coupons; there is no participation in index upside. The notes carry Nomura credit risk, feature limited liquidity, and have uncertain and complex U.S. tax treatment.
Nomura America Finance, LLC is issuing US$2,071,000 of Senior Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These are issuer redeemable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq-100 Index, maturing on July 19, 2029.
The notes pay a 2.875% quarterly contingent coupon (11.50% per annum), or $28.75 per $1,000, only if on each observation date all three indexes are at or above their respective contingent coupon barriers, set at 70% of initial values (SPX 5,273.64; RTY 2,082.197; NDX 20,318.04). Principal protection is conditional: if the least performing index on the final valuation date is at or above its barrier value (65% of initial), investors receive at least $1,000 per note; if it is below, repayment is reduced 1-for-1 with the index loss, up to a total loss of principal.
The issuer may redeem the notes at its option on specified quarterly dates starting July 21, 2027, paying principal plus any due coupon. The original issue price is 100% of principal; agent’s commission is 0.55%, for net proceeds of $2,059,609.50. The estimated value at pricing is $974.50 per $1,000, reflecting structuring and distribution costs, and the notes will not be listed on any exchange. Investors are exposed to Nomura’s credit risk, equity market downside in all three indexes, and the possibility of receiving no coupons and losing up to 100% of principal.
Nomura America Finance, LLC is issuing Senior Global Medium-Term Notes, Series A, issuer-redeemable contingent coupon barrier notes linked to the Nasdaq-100, Russell 2000 and S&P 500, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes offer a monthly contingent coupon of at least 1.15% (at least 13.80% per annum) per $1,000, payable only if on each observation date all three indices close at or above 75.00% of their initial values.
Nomura may redeem the notes at par plus any due coupon on monthly optional redemption dates starting January 28, 2027. If not redeemed and the least performing index ends below its 75.00% barrier on the final valuation date, repayment of principal is reduced 1-for-1 with the index loss, down to a potential 100% loss of principal. The notes are unsecured, not FDIC-insured, will not be listed on any exchange, and are subject to Nomura’s credit risk. Price to public is 100% of principal, with an estimated initial value between $950.20 and $980.20 per $1,000 and an agent’s commission of up to 0.75%.