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 America Finance, LLC is offering $4,427,000 of Senior Global Medium-Term Notes, Series A, issuer-redeemable contingent coupon barrier notes linked to the least performing of the S&P 500 Index and the Russell 2000 Index, guaranteed by Nomura Holdings, Inc.
The notes pay a 0.8125% monthly contingent coupon (9.75% per annum) only if on each observation date both indices are at or above their respective contingent coupon barriers, set at 65% of initial values (SPX 7,572.40; RTY 2,976.259). At maturity on January 21, 2028, if the notes are not called and the least-performing index is below its barrier, repayment of principal 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 coupon dates starting August 20, 2026, paying principal plus any due coupon. The notes are unsecured obligations, not FDIC insured, with an estimated value of $987.20 per $1,000 at pricing, below the 100% price to public.
Nomura America Finance, LLC is issuing senior unsecured structured notes due July 27, 2028, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are linked to the least performing of the Russell 2000, S&P 500 and Nasdaq‑100 indices.
Investors may receive a contingent quarterly coupon of at least 3.50% (14.00% per annum) per $1,000 only if, on every trading day in the quarter, each index stays at or above 75.00% of its initial value. If this condition fails in a period, no coupon is paid for that quarter, and investors could receive no coupons over the life of the notes.
Unless earlier redeemed at Nomura’s option on specified dates from October 28, 2026, maturity payment depends on the worst index. If its final level is at or above 75.00% of its initial value, holders receive $1,000 plus the final contingent coupon. If it is below 75.00%, repayment is $1,000 plus the index return, exposing investors to 1‑for‑1 downside and up to 100% loss of principal. The estimated value at pricing is expected between $941.30 and $971.30 per $1,000, the notes will not be listed, and returns are subject to Nomura’s credit risk and uncertain tax treatment.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering US$1,780,000 of senior unsecured issuer redeemable contingent coupon barrier notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100, maturing July 19, 2029.
The notes pay a 1.0333% monthly contingent coupon (about 12.40% per year, or $10.333 per $1,000) 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 is not protected: if at maturity the least performing index closes below its barrier value set at 55% of initial value, repayment is reduced 1-for-1 with the index loss, down to a total loss of principal. The issuer may redeem the notes early on designated dates from October 20, 2026, paying principal plus any due coupon. The estimated initial value is $985.80 per $1,000, below the 100% issue price, reflecting fees, hedging and structuring costs. Investors are exposed to Nomura’s credit risk, potential illiquidity, complex payoff terms, and various structural and tax risks highlighted in the risk factor sections.
Nomura America Finance, LLC is issuing $360,000 of Senior Global Medium‑Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc. These are Autocallable Contingent Coupon Barrier Notes linked to the Class C common stock of Dell Technologies Inc. (DELL), maturing on July 19, 2029.
The notes pay a contingent coupon of $63.875 per $1,000 (6.3875% quarterly, 25.55% per annum) only if DELL’s closing value is at or above the contingent coupon barrier of $206.34, which is 50% of the initial value of $412.68, on each observation date. The notes are subject to automatic call on quarterly dates starting January 15, 2027 if DELL is at or above the call barrier level of $412.68, in which case investors receive principal plus the relevant coupon.
If not called, at maturity investors receive either $1,000 plus the final coupon if DELL’s final value is at or above the barrier value of $206.34, or $1,000 plus $1,000 × reference asset performance if below the barrier, exposing them to up to 100% loss of principal. The estimated value is $892.70 per $1,000, below the 100% issue price, reflecting commissions and structuring and hedging costs. The notes are unsecured, not FDIC‑insured, will not be listed on any exchange, and are subject to Nomura’s credit risk and uncertain tax treatment.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering $10,000,000 of Step-Down Autocallable Barrier Notes linked to the least performing of the S&P 500 Index and the Russell 2000 Index, due July 19, 2028. The notes are issued at 100.00% of principal with an agent’s commission of 0.45%, providing issuer proceeds of $9,955,000. They are unsecured obligations, pay no interest, and may be automatically called if each index is at or above its call barrier, with call premiums of 10.55% in 2027 or 21.10% at maturity. If not called and the least performing index finishes below its 70% barrier value, repayment is reduced 1% for every 1% decline and investors can lose up to 100% of principal. The initial values are 7,543.59 for SPX and 2,964.764 for RTY, with barrier values set at 70% of these levels, and the estimated value is $983.80 per $1,000, below the issue price.
Nomura America Finance, LLC is offering senior unsecured Global Medium-Term Notes, Series A, fully and unconditionally guaranteed by Nomura Holdings, Inc.. Individual note terms — including maturity, interest structure, currency, and redemption features — will be set for each issuance and detailed in a separate pricing supplement.
Notes may be fixed rate, step-up, floating rate, inverse floating, zero-coupon or original-issue-discount, typically denominated in U.S. dollars and issued in minimum $1,000 denominations. Many structures reference interest-rate benchmarks such as SOFR, EURIBOR, the USD SOFR ICE Swap Rate, Commercial Paper Rate, Prime Rate, Treasury Rate, CMT Rate or the Federal Funds Rate, with optional spreads, spread multipliers, caps and floors.
The disclosure highlights extensive benchmark reform and fallback mechanics, including Index Cessation and Administrator/Benchmark Events, use of alternative replacement indices, and discretionary Adjustment Spreads set by the calculation agent. Key risks include Nomura credit risk, optional issuer redemption (potentially when rates fall), complex SOFR compounding conventions, possible benchmark discontinuation, limited secondary market liquidity, and investor costs and commissions that can materially reduce returns.
Nomura America Finance, LLC may issue Senior Global Medium-Term Notes, Series A whose returns are linked to equity-related reference assets, including single equity indices, exchange-traded funds, other equity measures, or baskets of these. The notes are fully and unconditionally guaranteed by Nomura Holdings, Inc.
This supplement focuses on notes linked to major equity indices such as the S&P 500 Index, S&P 500 Futures Excess Return Index, EURO STOXX 50 Index, EURO STOXX Banks Index, Russell 2000 Index, Nasdaq-100 Index, Nasdaq-100 Technology Sector Index, TOPIX Index, and Nikkei 225 Index, and explains their construction and maintenance.
The notes are described as not ordinary debt securities; investors can lose some or all of their investment and are exposed to Nomura’s credit risk. The products are not bank deposits and are not insured by the FDIC or any other U.S. governmental agency. Index sponsors license their indices to Nomura but do not sponsor, endorse, or promote the notes and disclaim liability for their performance.
Nomura America Finance, LLC outlines the general terms of its Senior Global Medium‑Term Notes, Series A, which are unsecured senior notes fully and unconditionally guaranteed by Nomura Holdings, Inc.. Each note is linked to a specified equity-related reference asset (single stock or ADS, equity index, ETF share, other equity measure, or a weighted basket) and is issued in $1,000 denominations, payable in U.S. dollars.
Returns and principal depend on the reference asset performance and any features set in a future pricing supplement, such as buffers, barriers, caps, digital returns, participation triggers, automatic call, and issuer early redemption. Unless a floor or full principal protection is specified, investors can lose some or all of their investment. The notes generally pay no interest; any contingent or fixed coupons are not treated as interest and may be conditionally paid. The notes are not FDIC‑insured, are subject to Nomura’s credit risk, and are typically not listed on an exchange, with secondary market value potentially well below issue price.
Nomura America Finance, LLC, a 100% indirectly owned finance subsidiary of Nomura Holdings, Inc., has established a Form F-3 shelf registration allowing it to issue senior debt securities from time to time. All such securities will be fully and unconditionally guaranteed by Nomura Holdings, Inc.
The specific terms of each series, including maturity, interest structure, currency, redemption features and any index linkage, will be set in a prospectus supplement. Net proceeds from each offering will be lent or otherwise advanced to Nomura or its subsidiaries for general corporate purposes. The securities are senior unsecured obligations of the issuer and the guarantee ranks equally with Nomura’s other senior unsecured debt, leaving holders exposed to Nomura’s credit risk, structural subordination to liabilities of Nomura’s subsidiaries, potential limits on market liquidity, foreign-currency and interest-rate volatility, and conflicts of interest where Nomura affiliates act as underwriters, dealers or market-makers.
Nomura America Finance, LLC is issuing US$2,007,000 of senior unsecured, index-linked notes, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are Issuer Redeemable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq‑100, maturing on July 19, 2029.
Investors may receive a 2.90% quarterly contingent coupon (11.60% per annum), or $29 per $1,000, only if on each observation date all three indices are at or above their contingent coupon barriers, set at 55.00% of initial index levels. The issuer can redeem the notes early on specified dates starting October 19, 2026, paying principal plus any due coupon.
If the notes are not redeemed and the final level of the worst-performing index is at or above its barrier, investors receive $1,000 plus the final coupon per $1,000. If it is below the barrier, repayment is reduced 1‑for‑1 with the index loss, leading to a loss of up to 100% of principal. The estimated value is $990.40 per $1,000, below the 100% issue price, reflecting structuring and hedging costs. The notes are unsecured obligations, subject to Nomura’s credit risk, are not bank deposits, are not FDIC‑insured, and will not be listed on any exchange, so secondary market liquidity may be limited.
Nomura America Finance, LLC is offering senior unsecured Autocallable Memory Coupon Barrier Notes linked to the S&P 500 Index, fully and unconditionally guaranteed by Nomura Holdings, Inc., with expected issuance on July 21, 2026 and maturity on August 19, 2027.
Investors may receive a contingent coupon of at least 2.07% per quarter per $1,000 note when the S&P 500 closes at or above the contingent coupon barrier of 5,679.30, equal to 75.00% of the initial index value of 7,572.40, on scheduled observation dates. The notes are automatically called, returning principal plus due and unpaid coupons, if the index is at or above the call barrier of 7,572.40 (100.00% of initial) on specified dates from November 16, 2026.
If the notes are not called and the final index value is at or above the 5,679.30 barrier, holders receive $1,000 plus the final contingent coupon and any previously unpaid coupons; if it is below the barrier, repayment is reduced one-for-one with the index decline, up to a 100% loss of principal, and coupons may never be paid. The estimated initial value is $955.50–$985.50 per $1,000, below the 100% price to public, reflecting offering costs and dealer compensation. The notes are unsecured obligations subject to Nomura’s credit risk, will not be listed, may have limited liquidity, and involve complex tax and structural risks.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is offering issuer redeemable contingent coupon barrier notes linked to the least performing of the S&P 500 Index and Russell 2000 Index, maturing on January 21, 2028. Notes are issued in $1,000 denominations at 100% of principal, with estimated value between $958.70 and $988.70 per $1,000.
The notes pay a contingent monthly coupon of at least 0.8125% (9.75% per annum) only if on each observation date both indices close at or above their contingent coupon barriers, set at 65% of their initial values (SPX 7,572.40; RTY 2,976.259). If any index is below its barrier on an observation date, no coupon is paid for that month, and investors may receive no coupons over the life of the notes.
Unless earlier redeemed at the issuer’s option on specified dates starting August 20, 2026, maturity payment depends on the least performing index. If its final level is at or above the barrier value (also 65% of initial), investors receive principal plus the final coupon. If it is below the barrier, repayment is $1,000 plus $1,000 times that index’s percentage return, exposing investors to up to 100% loss of principal. The notes are unsecured, not FDIC insured, will not be listed on an exchange, involve Nomura credit risk, and have uncertain U.S. tax treatment.
Nomura America Finance, LLC is issuing US$639,000 of senior unsecured Digital 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 indices and maturing on August 20, 2027.
For each $1,000 note, investors receive no interest but at maturity can get principal plus an 11.00% digital return if the least performing index is at or above its 70% barrier. If that index finishes between 70% and 50% of its initial level, investors still receive the 11% digital return but lose 1% of principal for each percentage point of decline from the initial level. Below 50%, the digital return is forfeited and losses match the index’s decline on a 1-to-1 basis, up to a total loss of principal.
The notes are subject to the credit risk of Nomura, are not FDIC-insured, will not be listed, and may have limited liquidity. The estimated value is $990.40 per $1,000, below the 100% issue price, reflecting fees, hedging costs and dealer compensation, including a 0.25% selling commission and distribution costs capped at 0.65%.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering U.S. dollar senior unsecured Step-Down Autocallable Barrier Notes linked to the least-performing of the S&P 500 Index and Russell 2000 Index, under its Senior Global Medium-Term Notes, Series A program, maturing July 19, 2028.
The notes are issued at 100% of principal (minimum investment $10,000), with placement fees up to 0.45% (≤$4.50 per $1,000) and an estimated initial value between $953.70 and $983.70 per $1,000. They pay no interest. Automatic call can occur on July 29, 2027 if each index is at or above 100% of its initial level, returning principal plus a 10.55% premium; on the final valuation date, a call is triggered if both indices are at or above 70% of initial, paying principal plus a 21.10% premium.
If the notes are not called and the worst-performing index finishes below its 70% barrier, repayment is $1,000 + $1,000 × that index’s performance, exposing investors to up to a 100% loss of principal. The notes are unsecured obligations of the issuer, guaranteed by Nomura, are not FDIC insured, will not be listed on an exchange, and involve complex market, credit, liquidity and tax risks highlighted in the risk discussions.
Nomura America Finance, LLC, guaranteed by Nomura Holdings, is offering unsecured Autocallable Memory Contingent Coupon Buffer Notes linked to Qualcomm Incorporated common stock, maturing August 4, 2027. The notes pay a contingent quarterly coupon of at least 5.04% (at least $50.40 per $1,000) only if QCOM closes at or above 60.00% of its initial value on the relevant observation date.
The notes may be automatically called starting October 30, 2026 if QCOM is at or above 100.00% of its initial value, in which case holders receive principal plus the due and any previously unpaid coupons. If not called and QCOM ends below 60.00% of its initial value, principal is reduced using a 1/0.60 (approximately 1.6667x) downside leverage factor beyond a 40.00% buffer, up to total loss. The estimated value is $958.50–$988.50 per $1,000, below the 100.00% issue price; the notes are not FDIC insured, will not be listed on any exchange, and payments depend on Nomura’s credit and complex tax treatment.
Nomura America Finance, LLC is offering Senior Global Medium-Term Notes, Series A, issued as issuer redeemable contingent coupon barrier notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes mature on July 19, 2029 and pay a contingent quarterly coupon of at least 2.90% (11.60% per annum) only if on each observation date all three indices are at or above 55.00% of their initial values. Otherwise, that period’s coupon is skipped and investors may receive no coupons over the life of the notes.
If not redeemed early and the final level of the least performing index is at or above its 55.00% barrier, investors receive $1,000 plus the final contingent coupon per $1,000 note. If it is below the barrier, repayment is $1,000 plus $1,000 times the index performance of the least performing index, producing up to a 100% loss of principal.
The issuer may redeem the notes at its option on quarterly coupon payment dates starting October 19, 2026, paying principal plus any due coupon. The notes are priced at 100.00% of principal with no selling commission, but their estimated value on the trade date is expected to be $959.50–$989.50 per $1,000. They are unsecured obligations, not bank deposits, not insured by the FDIC, and will not be listed on any securities exchange, so secondary market liquidity may be limited.
Nomura America Finance, LLC, fully and unconditionally guaranteed by Nomura Holdings, is offering US$225,000 of Senior Global Medium‑Term Notes, Series A, in the form of Digital Barrier Notes linked to the least‑performing of the Nasdaq‑100, Russell 2000 and Dow Jones Industrial Average, maturing on August 19, 2027.
For each $1,000 note, holders receive $1,122.50 (a fixed 12.25% digital return) if the worst‑performing index’s final level is at least 70% of its initial value; otherwise the payoff declines one‑for‑one with that index and up to 100% of principal can be lost. The notes pay no interest, are unsecured obligations subject to Nomura’s credit risk, are not FDIC‑insured and will not be listed, so liquidity may be limited. The price to public is 100% of principal, including a 0.40% selling commission; modeled estimated value at pricing was $987.70 per $1,000 note, reflecting structuring, hedging and distribution costs borne by investors.
Nomura America Finance, LLC is offering $1,147,000 of senior unsecured Autocallable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes reference the least performing of the S&P 500, Russell 2000 and Nasdaq-100 indices and are issued under Nomura’s Senior Global Medium-Term Notes, Series A program.
Investors may receive a 2.8125% quarterly contingent coupon (11.25% per year), at least $28.125 per $1,000 note, only if on each observation date all three indices close at or above their contingent coupon barriers, set at 75% of initial levels (for example, an SPX barrier of 5,681.54 vs an initial value of 7,575.39). Starting January 11, 2027, if on a call observation date all three indices are at or above their initial values, the notes are automatically called at par plus that period’s coupon.
If the notes are not called and on the final valuation date the least performing index is at or above its barrier, holders receive $1,000 plus the final coupon per note. If it finishes below its barrier, repayment is reduced one-for-one with its negative performance, up to a 100% loss of principal, even if the other indices perform better and regardless of coupons received.
The price to public is 100% of principal, with a 2% selling commission and proceeds to the issuer of 98%; the issuer’s estimated value is $961.60 per $1,000 note. The notes are unsecured, subject to Nomura’s credit risk, not insured by any government agency, will not be listed on an exchange and may have limited secondary market liquidity.
Nomura America Finance, LLC is issuing US$2,240,000 of Autocallable Memory Contingent Coupon Buffer Notes linked to Amazon.com, Inc. common stock under its Senior Global Medium-Term Notes, Series A program, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a contingent coupon of 2.945% quarterly (US$29.45 per US$1,000) only if AMZN’s closing price is at or above a barrier of US$185.28, 75.00% of the US$247.04 initial value, on specified observation dates. The same 75.00% level also acts as a buffer; if the final value is below this, principal is reduced using a downside leverage factor of 1/0.75, giving amplified losses down to a total loss of principal at maturity on July 27, 2027.
The notes are automatically callable at par plus due and any previously unpaid coupons if AMZN closes at or above the 100.00% call barrier on certain dates. They are unsecured obligations with Nomura credit risk, not FDIC-insured, not exchange-listed, and have an estimated value of US$984.00 per US$1,000, below the 100.00% issue price.
Nomura America Finance, LLC, guaranteed by Nomura Holdings, Inc., is issuing $400,000 of Callable Contingent Coupon Index-Linked Notes due 2029 linked to the S&P 500, Russell 2000 and Nasdaq-100 indices. For each $1,000 face amount, investors may receive a $10.00 monthly contingent coupon (1.00% per month, up to 12.00% per year) when on a coupon observation date each index closes at or above its coupon trigger level, set at 70% of its initial level.
Principal repayment depends on the least performing index. If at maturity each index is at or above its trigger buffer level (60% of initial), the holder receives $1,000 plus any final coupon; otherwise, repayment is reduced one-for-one with the decline in the worst index and can fall to zero, resulting in a total loss of principal. The issuer can redeem the notes at par on any coupon payment date from October 13, 2026 to June 12, 2029, plus any due coupon. The notes are unsecured, subject to the credit risk of Nomura America Finance, LLC and Nomura Holdings, Inc., and the estimated value at pricing was $980.80 per $1,000, below the original issue price.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering U.S. dollar-denominated Senior Global Medium-Term Notes, Series A, structured as Digital Barrier Notes linked to the least performing of the Nasdaq-100 Index, Russell 2000 Index, and Dow Jones Industrial Average, maturing on August 19, 2027.
Each $1,000 note pays no interest. At maturity, if the final value of the worst-performing index is at or above its barrier value (70.00% of its initial value), investors receive $1,000 plus a digital return of at least 12.25% per note. If the final value of the least performing index is below its barrier, repayment is $1,000 plus $1,000 times that index’s percentage performance; investors then lose 1% of principal for each 1% decline from its initial value and can lose their entire investment.
The notes are unsecured obligations of Nomura America Finance, guaranteed by Nomura, and are not FDIC insured. The estimated value on the trade date is expected to be between $956.70 and $986.70 per $1,000, below the 100.00% price to public, reflecting dealer compensation, hedging costs, and structuring expenses. The notes will not be listed on any exchange and may have limited or no secondary market liquidity.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering senior unsecured Autocallable Memory Contingent Coupon Buffer Notes linked to Amazon.com, Inc. common stock, under its Senior Global Medium-Term Notes, Series A program. The notes are issued in $1,000 denominations, priced at 100.00% of principal, with placement agent fees up to $10 per $1,000. The estimated value at pricing is expected between $955.20 and $985.20 per $1,000, below the price to public.
The notes have a strike date of July 9, 2026, original issue date of July 15, 2026, and mature on July 27, 2027, unless called earlier. A quarterly contingent coupon of at least 2.945% is paid only if AMZN’s closing value is at or above the contingent coupon barrier of $185.28 (75.00% of the initial value of $247.04). The same level acts as a 25.00% buffer on principal at maturity; below this, losses accelerate with a downside leverage factor of 1/0.75, leading to up to 100% loss of principal. The notes are automatically callable if AMZN is at or above $247.04 (100.00% of initial value) on specified observation dates.
The notes will not be listed, may have limited liquidity, and carry Nomura’s credit risk. The tax treatment is uncertain; the issuer intends to treat the notes as contingent income-bearing prepaid derivative contracts.
Nomura America Finance, LLC is offering issuer redeemable contingent coupon barrier notes due July 12, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc., with a total principal amount of US$2,525,000. The notes pay a contingent quarterly coupon of 2.775% (equivalent to 11.10% per annum) only if, on each coupon observation date, the closing value of each of the Nasdaq-100, Russell 2000 and S&P 500 is >= 55.00% of its initial value. The issuer may redeem the notes in whole on or after October 13, 2026 at principal plus any applicable contingent coupon. If not redeemed and the least performing reference asset falls below its barrier value (55.00% of initial) on the final valuation date, investors are exposed 1:1 to declines and may lose up to 100% of principal. The trade date is July 7, 2026; original issue date July 10, 2026. Payments are unsecured and subject to Nomura credit risk. The estimated model value at pricing was $987.90 per $1,000, below the issue price.
Nomura America Finance, LLC is offering $5,184,000 of senior, unsecured, issuer‑redeemable contingent coupon barrier notes due July 12, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a quarterly contingent coupon of 3.0875% per $1,000 (equivalent to 12.35% per annum) only if each reference asset closes at or above its contingent coupon barrier on scheduled coupon observation dates. The notes are linked to the least performing of the EURO STOXX 50®, Russell 2000® and S&P 500® indices; if the least performing reference asset is below its barrier on the final valuation date, principal at maturity is reduced pro rata by the reference asset performance. The original issue price is 100.00% and the estimated model value on the trade date was $984.60 per $1,000.
Nomura America Finance, LLC is offering Digital Barrier Notes linked to the least performing of the S&P 500® and the Russell 2000®. The notes have a trade date of July 6, 2026, an expected original issue date of July 9, 2026, and a stated maturity of April 9, 2027. For each $1,000 principal amount at maturity you will receive either $1,000 + ($1,000 × digital return) if the least performing reference asset is at or above a barrier value equal to 70.00% of its initial value, or $1,000 + ($1,000 × reference asset performance) if below the barrier, in which case you absorb losses on a one‑for‑one basis. The digital return is fixed at at least 5.65% (to be set on the trade date). These notes are unsecured obligations of the issuer, fully and unconditionally guaranteed by Nomura Holdings, Inc., and are not FDIC insured. The pricing supplement discloses an estimated value range of $956.20 to $986.20 per $1,000 principal amount as of the trade date and an original issue price of 100.00% per note; underwriting commission is up to 0.75%. Key qualifiers include market‑disruption postponement mechanics and tax treatment uncertainty described in the supplement.
Nomura America Finance, LLC priced an offering of US$274,000 in senior global medium-term notes that are autocallable memory contingent coupon barrier notes linked to the Class A common stock of AppLovin Corporation (APP). Trade date is June 30, 2026 and original issue date is July 6, 2026. The notes pay a contingent coupon of 2.0333% monthly (approximately 24.40% per annum) when the reference asset meets the contingent coupon barrier, have an initial value and call barrier of $515.23, and a barrier/contingent coupon barrier of $257.62 (50.00% of initial value). If not called, maturity is tied to the final valuation date June 30, 2028, with principal repaid only if the final value is at or above the barrier; otherwise the cash settlement is reduced pro rata by the reference asset performance. The estimated value on the trade date was $962.40 per $1,000, below the public price. Price to public is 100.00% with an agent commission of 0.25% and proceeds to issuer of 99.75%.
Nomura America Finance, LLC priced US$2,640,000 of Issuer Redeemable Contingent Coupon Barrier Notes due July 6, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a contingent quarterly coupon of 3.225% (3.225% per quarter, equivalent to 12.90% per annum) when each reference asset closes at or above its contingent coupon barrier on a coupon observation date. The notes are linked to the least performing of the EURO STOXX 50® (SX5E), Russell 2000® (RTY) and S&P 500® (SPX). Initial reference levels, contingent coupon barriers and barrier values are specified for each index (each equal to 70.00% of its initial value). The original issue price was 100.00% and estimated model value on trade date was $989.80 per $1,000 principal. Payment at maturity depends on the final value of the least performing reference asset and may result in loss of principal.
Nomura America Finance, LLC is offering issuer‑redeemable contingent coupon barrier notes linked to the S&P 500® Index with an aggregate principal amount of $500,000, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of 0.8333% (10.00% per annum) when the S&P 500 closing value on each coupon observation date is ≥75% of its initial value. The notes have an initial value set on the strike date of June 9, 2026, an original issue date of June 17, 2026, and a stated maturity date of June 14, 2029. The issuer may redeem the notes in whole on or after December 14, 2026. If not redeemed, principal repayment at maturity depends on final index performance relative to a contingent coupon barrier (75%) and a barrier value (70%), exposing holders to partial or total principal loss if the index declines sufficiently.
Nomura America Finance, LLC is offering US$810,000 of Senior Global Medium-Term Leveraged Barrier Notes with an autocall feature linked to the S&P 500® Futures Excess Return Index. Trade date is June 26, 2026 and original issue date is July 1, 2026. The notes pay 1.5x of positive reference-asset performance up to the call observation on July 2, 2027 (call premium 22.30%) and mature on July 1, 2031. The notes have a barrier at 70.00% (–30.00%) of the initial value (initial value 589.07); if the final value is below the barrier, losses accrue 1:1. The price to public is 100.00% and proceeds to issuer are 99.85% per note.
Nomura America Finance, LLC priced US$1,060,000 in Autocallable Memory Contingent Coupon Barrier Notes linked to the common stock of Intel Corporation, due June 29, 2029. The notes pay a 5.25% quarterly contingent coupon and will be automatically called if Intel closes at or above $128.32 on a call observation date on or after December 28, 2026. If not called, maturity payment depends on the final closing value: investors receive principal plus the final contingent coupon if the final value is at or above the barrier value of $64.16 (50% of the initial value); if below, repayment equals $1,000 multiplied by the reference asset performance, exposing holders to up to 100% principal loss. The original issue price was 100.00% with a dealer commission of 4.00% (proceeds to issuer 96.00%).
The Issuer Nomura America Finance, LLC is offering US$380,000 of Autocallable Contingent Coupon Barrier Notes linked to the common stock of Oracle Corporation (ORCL), with a trade date of June 26, 2026 and stated maturity of June 29, 2029. The notes pay a contingent coupon of 5.0625% quarterly (equivalent to 20.25% per annum) when the reference asset closes at or above the contingent coupon barrier on observation dates, are automatically callable if the reference asset closes at or above the call barrier on call observation dates, and return at maturity either principal plus final contingent coupon if the final value is at or above the barrier value or a cash settlement that declines 1% per 1% drop in the reference asset if below the barrier value.
Nomura America Finance, LLC is offering redeemable contingent coupon barrier notes linked to the least performing of the EURO STOXX 50®, the Russell 2000® and the S&P 500®, with an expected original issue date of July 6, 2026 and a stated maturity of July 6, 2029.
The notes pay a contingent coupon of at least $32.25 per $1,000 (at least 3.225% quarterly, equivalent to 12.90% per annum) when each reference asset is at or above its contingent coupon barrier on a coupon observation date. If the least performing reference asset is below its 70.00% barrier on the final valuation date, principal at maturity is reduced 1‑for‑1 by the reference asset performance, potentially resulting in a total loss of principal.
Nomura America Finance, LLC is offering US$1,106,000 of Senior Global Medium‑Term Notes, Series A — Leveraged Buffered Notes with an Autocall feature linked to the Nasdaq‑100 Index® (NDX). The notes price at 100.00% of principal ($1,000 per note) with an agent commission of 1.75% and proceeds to issuer of 98.25%. The notes pay no interest, include a 13.25% call premium if automatically called on the call observation date, and an 125.00% upside participation rate. At maturity the payoff depends on the NDX final value versus the initial value of 29,440.32, with a buffer protecting the first 15.00% of losses and up to 85.00% principal loss if the final value is below the buffer value (25,024.27).
Nomura America Finance, LLC is offering structured senior notes (guaranteed by Nomura Holdings, Inc.) linked to the S&P 500®, Russell 2000® and Nasdaq-100® indices. For each $1,000 face amount, contingent quarterly coupons of $37.50 may be paid if each underlier meets a 70% coupon trigger on observation dates. The cash settlement at maturity depends on the least performing underlier: if all final underlier levels are at or above 70% of their initial levels, you receive $1,000; if any final underlier level is below 70%, the payment equals $1,000 plus $1,000 times the least performing underlier return. The notes may be redeemed at Nomura’s option on coupon payment dates beginning September 28, 2026. The pricing supplement states the estimated value on the trade date was $990.80 per $1,000 face amount and the original issue price is 100.00% of face amount.
Nomura America Finance, LLC offers US$2,000,000 principal of Autocallable Contingent Coupon Barrier Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100®, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a 3.50% quarterly contingent coupon and may be automatically called beginning on December 28, 2026. If not called, repayment at maturity on June 29, 2029 depends on the final value of the least performing reference asset and may result in a loss of up to 100% of principal. The original issue price is 100.00% and the issuer estimates the notes' model value at $963.00 per $1,000 principal on the trade date.
Nomura America Finance, LLC is offering US$2,147,000 in Autocallable Contingent Coupon Barrier Notes fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes trade date is June 26, 2026, original issue date June 30, 2026, and stated maturity June 29, 2028. Coupons are contingent at 3.00% per quarter (12.00% per annum) if each reference asset closes at or above its contingent coupon barrier on observation dates; barriers equal 75.00% of initial values. The notes are linked to the least performing of the SPX, RTY and NDX, carry an automatic call feature beginning on the observation date December 28, 2026, and pay a cash settlement at maturity that can result in up to -100.00% principal loss if the least performing reference asset is below its barrier. Price to public is 100.00% and the estimated value on the trade date was $963.70 per $1,000 principal amount.
Nomura America Finance, LLC is pricing Autocallable Contingent Coupon Barrier Notes due July 19, 2029, fully guaranteed by Nomura Holdings, Inc., linked to the least performing of UPS and FDX. The notes pay a quarterly contingent coupon of at least 2.575% (equivalent to 10.30% per annum) if each reference asset meets its contingent coupon barrier on observation dates; coupons are payable only when observation-date conditions are met. The notes are callable beginning on the observation date on or after January 15, 2027 if both reference assets are at or above their call barriers (100% of initial value). If not called, final payoff depends on the least performing reference asset versus a 60.00% barrier: investors receive principal plus the final contingent coupon if the least performing asset is at or above the barrier, or receive a payment that falls 1:1 with the percentage decline of the least performing asset (up to 100% loss of principal). Estimated value on the trade date is between $875.70 and $905.70 per $1,000 principal; original issue price is 100.00%. Trade date is set for July 15, 2026 with original issue date expected July 17, 2026.
Nomura America Finance, LLC is offering $2,016,000 of callable contingent coupon index-linked notes due December 29, 2027, guaranteed by Nomura Holdings, Inc. Each $1,000 face amount may pay a contingent monthly coupon of $12.292 if all three underliers meet coupon triggers on observation dates. At maturity (if not earlier redeemed), cash settlement per $1,000 depends on the least performing underlier return versus its 70% trigger buffer level and can be as low as $0, meaning investors could lose their entire principal. The issue price is 100% of face, underwriting discount 0.75% and net proceeds to the issuer $2,000,880. The estimated model value on the trade date was $991.20 per $1,000 face amount. The notes are unsecured obligations, callable by the issuer on coupon payment dates beginning September 28, 2026.
Nomura America Finance, LLC offers Autocallable Contingent Coupon Barrier Notes linked to the Class C common stock of Dell Technologies Inc. The notes have a trade date of July 15, 2026, an expected original issue date of July 17, 2026, and a stated maturity of July 19, 2029. Each $1,000 principal amount pays a contingent coupon of at least $63.875 per quarter (contingent coupon rate at least 6.3875% quarterly / 25.55% per annum) if the reference asset closes at or above the contingent coupon barrier (50.00% of the initial value) on coupon observation dates.
If the notes are automatically called when the reference asset equals or exceeds the call barrier (100.00% of initial value) on a call observation date, holders receive principal plus accrued contingent coupon. If not called, maturity pay‑out depends on final value relative to the barrier (50.00%); a final value below that barrier can result in up to 100% principal loss. The price to public is 100.00% with agent commission up to 4.00% and proceeds to issuer at least 96.00%.
Nomura America Finance, LLC is offering digital barrier notes due August 20, 2027, fully guaranteed by Nomura Holdings, Inc., linked to the least performing of the S&P 500 (SPX), Russell 2000 (RTY) and Nasdaq-100 (NDX). The notes have an expected digital return of at least 11.00% (to be set on the trade date).
The structure: if the least performing reference asset finishes at or above 70.00% of its initial value you receive the digital return; if it finishes between 50.00% and 70.00% you still receive the digital return but suffer 1% principal loss for each 1% decline below initial value; if it finishes below 50.00% you do not receive the digital return and face 1-to-1 downside (possible loss up to 100%). Trade date is July 14, 2026, original issue date expected July 17, 2026, and stated maturity August 20, 2027. The estimated model value at term-setting is between $954.70 and $984.70 per $1,000 principal.
Nomura America Finance, LLC is offering US$2,213,000 of issuer‑redeemable contingent coupon barrier notes due June 26, 2031, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a contingent quarterly coupon of $25.50 per $1,000 (a 2.55% quarterly rate; 10.20% annualized) only if each reference index meets its contingent coupon barrier on coupon observation dates. The notes are linked to the least performing of the S&P 500® and the Russell 2000®, expose holders to full downside if the least performing index finishes below its barrier, and are unsecured obligations with exposure to Nomura credit risk. The estimated value on the trade date was $976.80 per $1,000 principal amount.
Nomura America Finance, LLC offers callable contingent coupon index-linked notes due 2028, guaranteed by Nomura Holdings, Inc. The notes pay a contingent quarterly coupon of $37.50 per $1,000 (3.75% quarterly) if each underlier meets its coupon trigger level on observation dates, and may be redeemed at issuer option on specified coupon payment dates commencing September 28, 2026. Payment at maturity depends on the least performing underlier (S&P 500, Russell 2000, Nasdaq-100); if the least performing underlier is below its trigger buffer level at determination, principal can be reduced pro rata to that underlier return. The strike date was June 23, 2026 and original issue date is expected on or about June 30, 2026. The estimated value at pricing is between $954.20 and $984.20 per $1,000 face amount, which is expected to be less than the original issue price.
Nomura America Finance, LLC is offering US$1,639,000 of issuer‑redeemable contingent coupon barrier notes fully guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of 0.8417% (approximately 10.10% per annum) when each reference index closes at or above its coupon barrier on observation dates and mature on June 26, 2031.
The notes are linked to the least performing of the S&P 500® (SPX) and the Russell 2000® (RTY), carry initial index levels (SPX 7,365.46; RTY 2,975.481), a contingent coupon barrier at 60.00% of initial value, and a principal-at-risk structure with a barrier at 70.00% of initial value. The issuer received proceeds of $1,634,902.50 (price to public 100.00%, agent’s commission 0.25%).
Nomura America Finance, LLC priced US$405,000 of Senior Global Medium-Term Notes, Series A — issuer‑redeemable contingent coupon barrier notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100, with trade date June 23, 2026 and original issue date June 26, 2026. The notes pay a contingent quarterly coupon of $26.50 per $1,000 (2.65% quarterly, 10.60% per annum) only if each reference asset is at or above its 55.00% contingent coupon barrier on coupon observation dates. At maturity on or about June 28, 2029, holders receive either principal plus final contingent coupon or, if the least performing reference asset is below its 55.00% barrier, a cash settlement that can result in loss of up to 100% of principal. The notes are unsecured obligations of the issuer and are fully and unconditionally guaranteed by Nomura Holdings, Inc.; purchasers bear credit risk of Nomura.
Nomura America Finance, LLC is offering $4,580,000 of issuer redeemable contingent coupon barrier notes due December 28, 2027, fully guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of 0.8333% (≈10.00% annual) if both reference assets close at or above 65.00% of their initial values on each coupon observation date. If not called, payment at maturity depends on the least performing reference asset: if its final value is below its 65.00% barrier, investors suffer a loss equal to the percentage decline (up to -100.00% of principal). Price to public was 100.00% with proceeds to issuer of $4,557,100.00.
Nomura America Finance, LLC priced and is offering US$3,611,000 principal amount of redeemable Contingent Coupon Barrier Notes linked to the least performing of the EURO STOXX 50, Russell 2000 and S&P 500, with trade date June 23, 2026 and original issue date June 26, 2026. The notes pay a quarterly contingent coupon of 3.175% (12.70% per annum) when each reference asset equals or exceeds a 70.00% contingent coupon barrier on observation dates; principal is at risk at maturity June 28, 2029 if the least performing reference asset is below its 70.00% barrier.
Nomura America Finance, LLC is offering US$ Senior Global Medium-Term Notes, Series A — leveraged buffered notes with an autocall feature linked to the Nasdaq-100 Index® due June 29, 2028. The notes have a 1,000 denomination and a trade date shown as June 25, 2026 with an original issue date expected June 30, 2026.
The notes include an autocall on the call observation date July 1, 2027 with a call premium of at least 13.25%; an upside participation rate of 125.00%; and a principal buffer equal to 85.00% of the initial value (protecting the first 15.00% of losses). If the final value is below the buffer, holders suffer 1.00x exposure beyond -15.00%, up to an 85.00% loss of principal.
Nomura America Finance, LLC offers callable contingent coupon index-linked notes due 2027 guaranteed by Nomura Holdings, Inc. The notes are linked to the S&P 500 (SPX), Russell 2000 (RTY) and Nasdaq-100 (NDX) and pay a contingent monthly coupon of $12.292 per $1,000 (1.2292% monthly, up to approximately 14.75% per annum) when each underlier closes at or above its coupon trigger level on the applicable observation date. The payment at maturity depends on the least performing underlier: if every final underlier level is at or above its trigger buffer level the investor receives $1,000 per $1,000 face amount; otherwise the cash settlement equals $1,000 plus $1,000 times the least performing underlier return, which can result in a loss of up to 100% of principal. Key dates include a strike date of June 23, 2026, expected trade date June 24, 2026, expected original issue date June 29, 2026, and an issuer early redemption window beginning on September 28, 2026. The estimated value on the trade date is expected to be between $957.20 and $987.20 per $1,000 face amount; the original issue price is 100.00% of face amount. The notes are unsecured obligations and carry Nomura credit risk and customary market, index, liquidity and calculation agent conflicts and operational risks.
Nomura America Finance, LLC offers Autocallable Memory Contingent Coupon Barrier Notes linked to the Class A common stock of AppLovin Corporation (APP), with a trade date of June 30, 2026 and expected original issue date of July 6, 2026. The notes mature on July 6, 2028 unless automatically called earlier.
Per $1,000 principal, the notes pay a monthly contingent coupon of at least $20.333 (at least 2.0333% monthly; 24.40% per annum) if the reference asset is at or above the 50.00% contingent coupon barrier on observation dates. The notes are callable if APP is at or above 100.00% of its initial value on call observation dates. At maturity, if not called and APP's final value is below the 50.00% barrier, the cash payment equals $1,000 plus ($1,000 × reference asset performance), exposing holders to up to 100% principal loss.
Nomura America Finance, LLC is offering U.S. dollar-denominated Senior Global Medium-Term Notes, Series A — autocallable contingent coupon barrier notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100. The notes have a trade date of June 26, 2026, an expected original issue date of June 30, 2026, a final valuation date of June 26, 2029 and a stated maturity of June 29, 2029.
The notes pay a contingent quarterly coupon of at least 3.50% (14.00% per annum) per $1,000 principal (at least $35.00 per $1,000) only if each reference asset closes at or above its 80.00% contingent coupon barrier on observation dates. The notes are callable if each reference asset is at or above 100.00% of its initial value on a call observation date beginning December 28, 2026. If not called, principal repayment at maturity depends on the performance of the least performing reference asset and may result in a loss of up to 100% of principal.