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 priced an offering of US$ Senior Global Medium-Term Notes, Series A — Autocallable Memory Contingent Coupon Buffer Notes linked to the common stock of NVIDIA Corporation (NVDA). The notes have an expected original issue date of March 18, 2026, a stated maturity of March 31, 2027, $1,000 denominations and a minimum initial investment of $10,000.
The notes pay contingent quarterly coupons (at least 3.905% quarterly to be set on the trade date) if NVDA closes at or above a buffer of $128.20 (70.00% of the initial value). They are automatically called if NVDA closes at or above 100% of the initial value on call observation dates. At maturity, investors receive principal plus coupons if NVDA is at or above the buffer; otherwise downside protection covers the first 30.00% of losses with ~1.4286x leveraged exposure beyond that, up to a possible 100% loss of principal.
Nomura America Finance, LLC is offering issuer‑redeemable contingent coupon barrier notes due March 21, 2031, fully guaranteed by Nomura Holdings, Inc. The notes are linked to the least performing of the S&P 500®, Russell 2000® and NASDAQ‑100® and pay a monthly contingent coupon of at least 1.0208% (approximately 12.25% per annum) if each reference asset closes at or above 75.00% of its initial value on observation dates.
The notes pay principal at maturity unless the least performing reference asset falls below its 70.00% barrier, in which case holders suffer a pro rata loss of principal equal to the percentage decline; a decline greater than 30% therefore exposes holders to full downside. The issuer may redeem the notes in whole on or after September 23, 2026. Trade date and original issue date are shown as March 18, 2026 and March 23, 2026. The price to public is 100.00% and the front‑cover estimated model value is between $932.40 and $962.40 per $1,000 principal amount.
Nomura America Finance, LLC prices an offering of senior global medium-term notes — Autocallable Contingent Coupon Barrier Notes — fully and unconditionally guaranteed by Nomura Holdings, Inc. The terms set the trade date as March 26, 2026, the original issue date as March 31, 2026 and the stated maturity as April 1, 2032, each subject to postponement as described in the product prospectus supplement.
The notes pay a contingent quarterly coupon of at least $33.00 per $1,000 principal amount (to be determined on the trade date), reflecting a contingent coupon rate of at least 3.30% quarterly (equivalent to 13.20% per annum). The notes are auto-callable if each reference asset is at or above its call barrier (100.00% of initial value) on any call observation date beginning September 28, 2026. If not called, maturity payoff depends on the least performing of the S&P 500® (SPX) and the SPDR® S&P® Regional Banking ETF (KRE) relative to a 75.00% barrier, exposing investors to up to 100% principal loss.
Nomura America Finance, LLC is offering autocallable contingent coupon barrier notes fully guaranteed by Nomura Holdings, Inc., linked to the least performing of the S&P 500 Index and the Nikkei 225 Index, with a stated maturity of April 1, 2032. The notes pay a quarterly contingent coupon of at least 2.75% (equivalent to 11.00% per annum), are callable quarterly on or after September 28, 2026 at par plus the applicable coupon, and pay at maturity either par plus the final contingent coupon if the least performing reference asset is at or above 75.00% of its initial value or a cash settlement that can result in up to 100% loss of principal if the least performing reference asset falls below that barrier.
The pricing range estimated by the issuer for the notes on the trade date is between $910.00 and $940.00 per $1,000 principal amount, the original issue price is 100.00% of principal, and the distribution agent’s commission will be up to 3.00% with proceeds to issuer at least 97.00%.
Nomura America Finance, LLC is offering structured, unsecured notes (guaranteed by Nomura Holdings, Inc.) with an aggregate face amount of $1,182,000. The notes pay a contingent quarterly coupon of $23.75 per $1,000 (up to 9.50% per annum) when each underlier meets its coupon trigger on observation dates.
Payments and principal at maturity depend on the least performing underlier among the S&P 500 (SPX), Dow Jones Industrial Average (INDU) and Nasdaq-100 (NDX). Coupon trigger levels are set at 65% of initial levels and trigger buffer levels at 60%. If the least performing underlier is below its trigger buffer at maturity, the cash settlement can be less than face amount, potentially resulting in substantial loss. The issuer may redeem the notes on coupon payment dates from September 15, 2026 through December 13, 2030. Trade date is March 10, 2026 and stated maturity is March 13, 2031. The estimated value on the trade date was $968.50 per $1,000, below the original issue price.
Nomura America Finance, LLC is offering US$ senior global medium-term Autocallable Contingent Coupon Barrier Notes due April 2, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes are linked to the least performing common stock of Goldman Sachs (GS), Morgan Stanley (MS) and Wells Fargo (WFC) and include quarterly contingent coupons (at least 3.525% quarterly, equivalent to 14.10% per annum, subject to final determination) payable only if each reference asset is at or above a 60.00% contingent coupon barrier on coupon observation dates. The notes feature an automatic call if each reference asset is at or above 100.00% of its initial value on a call observation date beginning September 28, 2026. If not called, payment at maturity depends on the least performing reference asset: if its final value is ≥60.00% of initial, maturity pays principal plus final contingent coupon; if below 60.00%, maturity pays principal multiplied by the reference asset performance (risking up to 100% principal loss). Trade date shown is March 27, 2026 with original issue date expected March 31, 2026. The distribution agent may receive up to 4.50% commission and proceeds to issuer are at least 95.50% of principal.
Nomura America Finance, LLC offers autocallable contingent coupon barrier notes due April 2, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay quarterly contingent coupons of at least 2.725% per quarter (equivalent to 10.90% per annum, to be set on the trade date) if both reference assets are at or above 60% of their initial values on observation dates and are callable quarterly beginning September 28, 2026 at par plus the coupon. If not called, repayment at maturity depends on the final performance of the least performing reference asset (Amazon AMZN or Alphabet GOOGL): if that asset is below 60% of its initial value, investors are exposed to a pro rata loss of principal, potentially up to 100%. Payments are unsecured and subject to Nomura’s credit risk.
Nomura America Finance, LLC is offering $1,458,000 of redeemable contingent coupon barrier notes fully guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of 1.4917% (approx. 17.90% per annum) if each reference index closes at or above its contingent coupon barrier on coupon observation dates. The notes are linked to the least performing of the S&P 500 (SPX), Russell 2000 (RTY) and Nasdaq-100 (NDX). Trade date is March 10, 2026 and original issue date is March 13, 2026. Contingent coupon barriers equal 80.00% of initial values and barrier values equal 75.00% of initial values. If the least performing reference asset finishes below its barrier value at final valuation, the cash settlement may be reduced 1-for-1 and you may lose up to 100% of principal. The original issue price is 100.00% of principal and the estimated value on the trade date was $979.60 per $1,000 principal.
Nomura America Finance, LLC is offering US$315,000 of autocallable contingent coupon barrier notes fully guaranteed by Nomura Holdings, Inc. The notes are linked to the least performing of SNAP, AFRM and JBLU, mature on March 14, 2029, and may be called beginning September 9, 2026.
The notes pay a contingent monthly coupon of 3.75% (stated as 45.00% per annum) if each reference asset closes at or above its contingent coupon barrier on observation dates. Initial values (strike date March 6, 2026) are $4.49 for JBLU, $51.70 for AFRM and $5.16 for SNAP; coupon/barrier values equal 50.00% of those amounts. If not called, payment at maturity depends on the least performing reference asset and can result in loss of up to 100% of principal.
The estimated model value on the trade date was $900.00 per $1,000 principal amount, below the price to public. The notes are unsecured, will not be listed, and expose holders to Nomura credit risk, market-disruption postponements, and uncertain U.S. tax treatment.
Nomura America Finance, LLC is offering $2,555,000 of Autocallable Contingent Coupon Barrier Notes, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes reference the least performing of the S&P 500 (SPX), Nasdaq-100 (NDX) and Russell 2000 (RTY).
Trade date was March 6, 2026, original issue date March 11, 2026 and stated maturity March 9, 2028. The notes pay a contingent coupon of 1.033% per quarter (equivalent to 12.40% per annum) if each reference asset is at or above its contingent coupon barrier on observation dates. Initial barriers and call levels equal 100.00% of initial values; contingent coupon barriers are 70.00% of initial values. The original issue price is 100.00% and the estimated value on the trade date was $973.70 per $1,000.
Nomura America Finance, LLC is offering US$1,300,000 of Digital Buffer Notes linked to the S&P 500® Index due March 24, 2027, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a fixed digital return of 7.80% at maturity if the final index value is at or above a buffer set at 85.00% of the initial index value. If the final value is below that buffer, holders face downside exposure of 1.176471x to losses beyond a -15.00% reference-asset performance and may lose up to 100% of principal. Trade date was March 6, 2026, original issue date March 11, 2026, and final valuation date March 19, 2027. The estimated value on the trade date was $982.20 per $1,000 principal, below the public price. The notes are unsecured, unlisted, and subject to Nomura and guarantor credit risk.
Nomura America Finance, LLC is offering issuer‑redeemable contingent coupon barrier notes due April 3, 2031, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay quarterly contingent coupons at a rate of at least 2.875% (equivalent to 11.50% per annum) if each reference asset closes at or above 70.00% of its initial value on coupon observation dates. The notes link payoff to the least performing of the S&P 500 (SPX), Russell 2000 (RTY) and NASDAQ-100 (NDX).
The issuer may redeem on or after July 6, 2026. If not redeemed, a least performing reference asset finish at or above its 70.00% barrier yields principal plus final contingent coupon; finishes between 50.00% and 70.00% return principal only; finishes below 50.00% expose investors to up to 100% principal loss. Trade date is March 31, 2026 and original issue date expected April 3, 2026.
Nomura America Finance, LLC priced US$1,250,000 of autocallable contingent coupon barrier notes linked to the common stock of Microsoft Corporation. The notes are senior unsecured obligations, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes have a contingent coupon of 4.655% per quarter, an initial value of $405.20, a call barrier equal to 100.00% of the initial value, and a barrier/contingent coupon barrier at $324.16 (80.00% of the initial value). Trade date is March 6, 2026, original issue date March 11, 2026, and stated maturity March 22, 2027. If not called, payoff at maturity is either principal plus final contingent coupon or a loss equal to the reference asset performance below the barrier, potentially up to 100% loss of principal.
Nomura America Finance, LLC offers autocallable contingent coupon barrier notes due March 14, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of at least 3.75% (equivalent to at least 45.00% per annum) if each reference asset is at or above 50% of its initial value on coupon observation dates and are callable quarterly beginning on September 9, 2026 if each reference asset meets its call barrier.
The notes are linked to the least performing common stock of SNAP, AFRM and JBLU; principal is fully exposed to the decline of the least performing reference asset if its final value is below 50% of its initial value, creating up to 100% principal loss at maturity. The pricing supplement shows an estimated model value of $861.90 to $901.90 per $1,000 principal amount on the trade date and an initial issue price of 100.00%.
Nomura America Finance, LLC is offering US$2,575,000 principal amount of redeemable contingent coupon barrier notes due March 9, 2028, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a 3.025% quarterly contingent coupon (12.10% per annum equivalent) only if each reference asset meets its 70% barrier on coupon observation dates. The notes are linked to the least performing of the NASDAQ-100, Russell 2000 and S&P 500, bear credit risk of Nomura, and have an estimated value of $974.20 per $1,000 on the trade date versus a price to public of 100.00%.
Nomura America Finance, LLC offers US$2,540,000 in autocallable Memory Coupon Barrier Notes fully guaranteed by Nomura Holdings, Inc., linked to the least performing of SPY, IWM and QQQ. The notes mature March 9, 2028, pay a contingent coupon of 2.50% quarterly (10.00% per annum equivalent) if each reference asset meets its contingent coupon barrier on observation dates, and may be automatically called beginning with the September 4, 2026 observation (call settlement September 10, 2026) if all reference assets are at or above their call barrier levels.
The original issue price is 100.00% with proceeds to issuer of 98.62% and an agent commission of 1.38%. If the notes are not called, payment at maturity depends on the final value of the least performing reference asset relative to its 65.00% barrier; investors may lose up to 100% of principal. Trade date is March 4, 2026; original issue date March 9, 2026.
Nomura America Finance, LLC is offering structured, autocallable notes linked to the Invesco S&P 500® Equal Weight ETF (RSP), the Russell 2000® Index (RTY) and the State Street® Utilities Select Sector SPDR® ETF (XLU). The notes have an aggregate face amount of $1,742,000, an original issue price of $1,000 per face amount, and an estimated value on the trade date of $978.10 per $1,000 face amount. They are automatically callable quarterly if each underlier meets its call level on an observation date; the maturity cash payment depends on the least performing underlier return with an 85% buffer (buffer values: RSP $172.46, RTY 2,240.610, XLU $40.18) and a maturity premium amount of 36.00%. Trade date is March 4, 2026, original issue date March 9, 2026, and stated maturity date March 8, 2029. The notes pay no interest and are unsecured obligations of Nomura America Finance, LLC and guaranteed by Nomura Holdings, Inc.; they bear Nomura credit risk. The pricing supplement highlights potential for substantial principal loss and that the estimated model value was below issue price.
Nomura America Finance, LLC offers an autocallable contingent coupon barrier note linked to Microsoft Corporation common stock. The notes have a $1,000 denomination, an initial value of $405.20 (strike date March 4, 2026), a contingent coupon rate of at least 4.655% quarterly, a contingent coupon/barrier level of $324.16 (80.00% of the initial value), and a stated maturity of March 22, 2027. Coupons are payable only if the closing value of MSFT is at or above the contingent coupon barrier on coupon observation dates; the notes will be automatically called if MSFT closes at or above 100.00% of its initial value on a call observation date. At maturity, if not called, payoff is principal plus final contingent coupon if final value is at or above the barrier value; otherwise payoff equals $1,000 multiplied by the reference asset performance, exposing investors to up to 100% principal loss.
Nomura America Finance, LLC is offering $1,721,000 principal of issuer‑redeemable Contingent Coupon Buffer Notes due March 8, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc.
The notes pay a monthly contingent coupon of 0.779% (equivalent to 9.35% per annum) when each reference asset closes at or above a 75.00% barrier on coupon observation dates, and provide a 25.00% principal buffer at maturity against losses in the least performing of the S&P 500, Russell 2000 and EURO STOXX 50 indices. Trade date is March 4, 2026 and original issue date is March 9, 2026.
Nomura America Finance, LLC is offering Digital Buffer Notes linked to the S&P 500 Index due March 24, 2027. For each $1,000 principal, holders receive $1,000 + $1,000 × 7.80% at maturity if the final index value is at or above the buffer (85.00% of the initial value). If the final value is below the buffer, holders bear downside exposure of 1.176471x for each 1% decline beyond -15.00%, with potential loss of up to 100% of principal.
Trade date is set as March 6, 2026 and original issue date is expected March 11, 2026. Price to public is 100.00% with estimated issue value between $959.30 and $989.30 per $1,000; minimum initial investment is $10,000.
Nomura America Finance, LLC is offering issuer‑redeemable contingent coupon barrier notes due September 15, 2027, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of at least 1.4917% (approximately 17.90% per annum) if each reference asset closes at or above 80.00% of its initial value on a coupon observation date. The notes are linked to the least performing of the SPX, RTY and NDX. Barrier protection is set at 75.00%; if the least performing reference asset finishes below that barrier at final valuation you bear 1:1 downside to the final performance and may lose up to 100% of principal. The issuer may redeem in whole on or after June 15, 2026. Trade date (expected) is March 10, 2026 and original issue date (expected) is March 13, 2026. The estimated value at pricing is between $961.00 and $991.00 per $1,000 principal; price to public is 100.00% with agent commission up to 0.25%. The notes are unsecured, will not be listed, and are subject to Nomura’s credit risk and the calculation agent’s determinations.
Nomura America Finance, LLC is offering autocallable contingent coupon barrier notes due March 17, 2027, fully and unconditionally guaranteed by Nomura Holdings, Inc. The notes reference the least performing of the S&P 500, Russell 2000 and Nasdaq-100, pay a contingent quarterly coupon of at least $43.33 per $1,000 (at least 4.333% quarterly, ~17.33% per annum), and are callable beginning June 12, 2026 if all three reference assets meet call barriers set at 100% of initial values.
If not called, principal repayment depends on the final value of the least performing reference asset: if at or above the 80% barrier you receive $1,000 plus any final contingent coupon; if below, you receive $1,000 multiplied by that asset’s performance and may lose up to 100% of principal. The notes are unsecured, not FDIC insured, and expose holders to Nomura credit risk, index‑sponsor and market‑disruption mechanics, and uncertain U.S. federal tax treatment.
Nomura America Finance, LLC priced an offering of Autocallable Memory Contingent Coupon Buffer Notes linked to the S&P 500® Index with a trade date of March 26, 2026 and an expected original issue date of March 31, 2026. The notes mature on April 13, 2027 unless called earlier.
The notes are issued at a 100.00% original issue price per $1,000 principal amount, with an estimated value on the trade date of $954.20 to $984.20 per $1,000. They feature a contingent quarterly coupon of at least $23.525 per $1,000 (at least 2.3525% quarterly) payable only if the S&P 500 closes at or above a contingent coupon buffer equal to 90.00% of the initial value on coupon observation dates. The notes are automatically called if the index closes at or above the call barrier of 100.00% of the initial value on any call observation date beginning July 8, 2026.
At maturity, if not called, investors receive either principal plus the final contingent coupon if the final value is at or above the buffer value (90.00% of initial), or a cash settlement that provides protection for the first 10.00% of losses and then exposes holders to approximately 1.11111x downside beyond that buffer.
Nomura America Finance, LLC is offering Autocallable Contingent Coupon Barrier Notes linked to the common stock of Tesla, Inc. The notes have a $1,000 denomination, trade date March 13, 2026, original issue date March 18, 2026, and stated maturity March 16, 2029.
The notes pay a contingent quarterly coupon of at least $35.50 per $1,000 (at least 3.55% quarterly; at least 14.20% per annum) when the reference asset closes at or above the contingent coupon barrier of 60.00% of the initial value on coupon observation dates. The notes will be automatically called on a call observation date if Tesla’s closing value is at or above the call barrier of 100.00% of the initial value; a call triggers payment of principal plus the contingent coupon on the call settlement date.
At maturity, if not called, investors receive $1,000 plus the final contingent coupon if the final value is at or above the barrier (60.00%); if the final value is below the barrier, the cash settlement equals $1,000 plus $1,000×reference asset performance, exposing investors to up to 100.00% principal loss. The estimated value on the trade date is between $900.50 and $930.50 per $1,000, while the price to public is 100.00%.
Nomura America Finance, LLC priced US$17,620,000 of redeemable contingent coupon barrier notes due March 1, 2029, linked to the least performing of the EURO STOXX 50®, Russell 2000® and S&P 500®. The notes pay a contingent quarterly coupon of 3.4375% (equivalent to 13.75% per annum) when each reference asset is at or above its contingent coupon barrier on observation dates.
Trade date was February 24, 2026 and original issue date is February 27, 2026. The initial price to public is 100.00% and the estimated value on the trade date was $984.70 per $1,000 principal amount, which is less than the price to public.
Nomura America Finance, LLC is offering US$4,808,000 of issuer‑redeemable contingent coupon barrier notes fully guaranteed by Nomura Holdings, Inc. The notes trade date is February 24, 2026, original issue date February 27, 2026, and stated maturity is March 1, 2029.
The notes pay a contingent quarterly coupon of 2.7125% (equivalent to 10.85% per annum) if each reference asset meets its contingent coupon barrier on coupon observation dates, and principal at maturity depends on the performance of the least performing of the NDX, RTY and SPX relative to a 55.00% barrier.
Nomura America Finance, LLC is offering US$500,000 of Autocallable Memory Coupon Barrier Notes linked to the S&P 500® Index. The notes mature on March 10, 2027 with an original issue date of February 26, 2026 and a principal amount of US$500,000.
The notes pay a contingent quarterly coupon of at least 2.250% (equivalent to 9.00% per annum) if the S&P 500® Index closes at or above the contingent coupon barrier of 5,596.70 (81.00% of the initial value) on coupon observation dates. The notes are automatically called if the index closes at or above the call barrier of 6,909.51 (100.00% of the initial value) on a call observation date. If not called, maturity payment is $1,000 plus final contingent coupon if final value ≥ barrier, or $1,000 × reference asset performance if final value < barrier, exposing investors to up to 100% principal loss.
The estimated value on the trade date was $982.60 per $1,000, below the original issue price.
Nomura America Finance, LLC is offering redeemable contingent coupon barrier notes linked to the least performing of the NDX, RTY and SPX. The notes have a price to public of 100.00%, an estimated model value of $956.60–$986.60 per $1,000 principal, a contingent coupon of at least $27.125 per $1,000 (at least 2.7125% quarterly; 10.85% per annum), a barrier at 55.00% of initial values, trade date February 24, 2026, original issue date expected February 27, 2026, final valuation date February 26, 2029 and stated maturity March 1, 2029.
Coupon payments are contingent on each reference asset closing at or above its contingent coupon barrier on scheduled coupon observation dates; principal at maturity depends on the least performing reference asset and can result in a loss of up to 100% of principal if the least performing asset is below its barrier.
Nomura America Finance, LLC is offering autocallable contingent coupon barrier notes due February 23, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc.. The notes are linked to the least performing of QQQ, IWM and SPY and carry a contingent coupon of at least 2.25% quarterly (at least 9.00% per annum).
Key economics disclosed include an original issue price of 100.00%, an estimated model value of $934.40–$964.40 per $1,000 principal amount on the trade date, and an agent’s commission up to 2.50% (proceeds at least 97.50%). Contingent coupon and barrier mechanics: coupon barrier 70.00% of initial value, barrier value 60.00%, and automatic call observation dates beginning May 20, 2026.
Nomura America Finance, LLC offers $7,500,000 of contingent monthly coupon, autocallable notes linked to the EURO STOXX 50, Russell 2000 and Nasdaq-100, subject to the automatic call feature. Coupons are contingent monthly payments of $11.875 per $1,000 (1.1875% monthly; potential up to 14.25% per annum). The notes use a 70% trigger barrier level (30% barrier amount) and pay a maturity cash settlement tied to the least performing underlier; a trigger event can cause loss of principal, including loss of up to 100%. The estimated value at term-setting was $988.30 per $1,000 face amount. Key dates include strike date February 12, 2026, trade date February 17, 2026, original issue date February 20, 2026, and stated maturity date August 20, 2027.
Nomura America Finance, LLC offers Autocallable Contingent Coupon Index-Linked Notes due August 20, 2027, guaranteed by Nomura Holdings, Inc. The notes pay a monthly contingent coupon of $11.875 per $1,000 face amount if each underlier meets its coupon trigger and are automatically called if all underliers close at or above their initial levels on a call observation date.
Payments at maturity depend on the least performing underlier (EURO STOXX 50, Russell 2000, Nasdaq-100). A trigger event (any underlier down > 30% from its initial level during the measurement period) removes downside protection so that the cash settlement may be less than the face amount, potentially resulting in total loss of principal.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is offering issuer redeemable contingent coupon barrier notes linked to the worst performer of the S&P 500, Russell 2000 and Nasdaq-100 Technology Sector Index, maturing on February 23, 2029.
The notes pay a contingent monthly coupon of at least 0.9542% (about 11.45% per year) only if all three indices close at or above 70% of their initial values on each observation date; otherwise no coupon is paid. Principal is protected at maturity only if the worst-performing index finishes at or above 60% of its initial value. Below that barrier, losses match the index decline and investors can lose up to all of their principal.
Nomura may redeem the notes early on specified dates starting in August 2026, paying principal plus any due coupon. The estimated initial value is $949–$979 per $1,000, lower than the 100% price to the public, reflecting fees, hedging costs and issuer economics.
Nomura America Finance, guaranteed by Nomura Holdings, is offering unsecured autocallable contingent coupon barrier notes linked to Tesla, Inc. stock, maturing March 1, 2029. The notes pay a quarterly contingent coupon of at least 3.55% (14.20% per year) only when Tesla’s share price is at or above 60% of its initial level on an observation date.
The notes may be automatically called starting August 25, 2026 if Tesla’s price is at or above 100% of its initial level on a call observation date, in which case investors receive principal plus the applicable coupon. If the notes are not called and Tesla’s final value is below 60% of its initial level, repayment of principal is reduced one-for-one with Tesla’s decline, leading to up to 100% loss of principal. The estimated initial value is $898.60–$928.60 per $1,000, below the 100% issue price, and the notes will not be listed on an exchange.
Nomura America Finance is offering autocallable contingent coupon barrier notes linked to the common stock of Goldman Sachs, Morgan Stanley and Wells Fargo, fully and unconditionally guaranteed by Nomura Holdings, and scheduled to mature on March 1, 2029.
The notes pay a quarterly contingent coupon of at least 2.713% (about 10.85% per year), or at least $27.13 per $1,000, only if each stock closes at or above a barrier set at 60% of its initial value on the observation date. The notes are automatically called, returning principal plus the coupon, if all three stocks are at or above 100% of their initial value on designated call dates starting August 25, 2026.
If the notes are not called and, at final valuation, the worst-performing stock is below its 60% barrier, repayment is reduced in line with that stock’s loss, up to a 100% loss of principal. The estimated value at pricing is expected between $888.80 and $918.80 per $1,000, below the 100% issue price, reflecting fees, hedging and structuring costs. The notes are senior unsecured obligations of Nomura America Finance, guaranteed by Nomura, are subject to Nomura’s credit risk, and will not be listed on any exchange.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is issuing $2,809,000 of unsecured issuer redeemable contingent coupon barrier notes linked to the least performing of the S&P 500 Index, Nasdaq-100 Technology Sector Index and Russell 2000 Index, maturing on February 14, 2029.
The notes pay a 0.950% monthly contingent coupon (11.40% per annum) of $9.50 per $1,000, only if on each observation date all three indices stay at or above 70% of their initial levels. Principal is protected only if the worst index finishes at or above 60% of its initial level; otherwise repayment is reduced one-for-one with the index loss, up to a total loss of principal.
Nomura may redeem the notes at its option on specified dates starting August 13, 2026, paying $1,000 plus any due coupon per note. The initial public price is 100% of principal, with a 0.25% selling commission and proceeds to the issuer of 99.75%, and an estimated fair value of $980.50 per $1,000, reflecting embedded fees and hedging costs. Investors bear Nomura’s credit risk and there is no exchange listing or deposit insurance.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is offering unsecured senior medium-term notes linked to the worst performer of the S&P 500, Russell 2000 and EURO STOXX 50, maturing in February 2029.
The notes pay a contingent quarterly coupon of at least 3.088% (about 12.35% per year) only if each index stays at or above 70% of its initial level on the observation date. Nomura may redeem the notes early on quarterly dates starting May 2026 by paying principal plus any due coupon.
At maturity, if the notes are not redeemed and the worst-performing index is at or above its 70% barrier, investors receive principal plus the final contingent coupon. If it is below the barrier, repayment is reduced one-for-one with the index loss, up to a total loss of principal.
The notes involve significant downside market risk, Nomura credit risk, potential non-payment of any coupons, limited liquidity, and an estimated initial value between $955.90 and $985.90 per $1,000, which is less than the price to the public and reflects fees and hedging costs.
Nomura America Finance, fully guaranteed by Nomura Holdings, is offering US$10,000,000 of step-down autocallable barrier notes linked to the least performing of the S&P 500 and Russell 2000, maturing in February 2028.
The notes can be automatically called in February 2027 if both indexes are at or above 100% of their initial values, paying a 10.15% premium, or at maturity if both are at or above 70% of initial, paying a 20.30% premium. If the least performing index finishes below its initial level and below the 70% barrier, investors lose 1% of principal for each 1% decline, up to a full loss. The notes pay no interest, are unsecured obligations, and the estimated value at pricing was $986.60 per $1,000, below the 100% issue price.
Nomura America Finance, LLC, guaranteed by Nomura Holdings, Inc., is offering autocallable contingent coupon index-linked notes due 2027 tied to the S&P 500, Russell 2000 and Nasdaq‑100 indices. These unsecured notes pay a monthly coupon of $8.542 per $1,000 face amount (0.8542% monthly, up to about 10.25% per year) only if each index stays at or above 70% of its initial level on the observation date.
The notes can be automatically called starting May 2026 if all three indices are at or above their initial levels, returning $1,000 per note plus the applicable coupon. If held to maturity and not called, investors receive $1,000 per note only if every index is at or above 70% of its initial level; otherwise repayment is reduced in line with the worst-performing index, and the entire principal can be lost. The estimated initial value is between $948.40 and $978.40 per $1,000 face amount, below the original issue price.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is offering senior unsecured digital buffer notes linked to the weaker performer of Advanced Micro Devices (AMD) and Microsoft (MSFT), maturing March 15, 2027.
For each $1,000 note, if the final value of the worst stock is at or above 65% of its initial level, holders receive $1,000 plus a fixed 15.50% digital return. If the worst stock finishes below 65% of its initial level, repayment is reduced with a downside leverage factor of about 1.538x, so losses accelerate beyond a 35% decline and can reach 100% of principal.
The notes pay no interest, will not be listed on any exchange, and carry Nomura credit risk. The estimated initial value is expected between $941.20 and $971.20 per $1,000, less than the 100% issue price due to commissions, hedging and structuring costs.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is offering unsecured Step-Down Autocallable Barrier Notes linked to the S&P 500 and Russell 2000, maturing February 10, 2028. The notes are issued at 100% of principal, with agent’s commissions up to 0.45%.
The notes may be automatically called if both indices are at or above specified barriers on observation dates in 2027 and at maturity, paying principal plus call premiums of 10.15% or 20.30%. If not called and the worst-performing index finishes below its barrier, repayment is reduced one-for-one with the loss and can fall to zero.
The notes pay no interest, do not participate in index upside beyond the fixed premiums, and are subject to Nomura’s credit risk. The issuer estimates the initial value at $956.10–$986.10 per $1,000, below the price to the public, reflecting fees, hedging costs and structuring.
Nomura America Finance, LLC is issuing US$250,000 of senior unsecured Issuer Redeemable Contingent Coupon Barrier Notes due February 8, 2029, fully and unconditionally guaranteed by Nomura Holdings, Inc.. The notes are linked to the least performing of the S&P 500, Russell 2000 and EURO STOXX 50 indices.
The notes pay a 0.858% monthly contingent coupon (about 10.30% per year) only if on each observation date every index is at or above its contingent coupon barrier, set at 70% of its initial level. If any index is below its barrier, no coupon is paid for that month and investors may receive no coupons over the life of the notes.
Unless earlier redeemed at Nomura’s option from February 9, 2027, maturity payment per $1,000 is $1,000 plus the final coupon if the least performing index finishes at or above its 70% barrier. If it finishes below, principal is reduced one-for-one with the index loss, up to a full loss of principal.
The price to the public is 100% of principal, with a 0.25% agent’s commission and 99.75% proceeds to the issuer. The estimated value is $973.20 per $1,000, below the issue price. The notes are unsecured, not FDIC insured, not listed on any exchange, and expose holders to Nomura’s credit risk and limited secondary market liquidity.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is issuing $25,000,000 of senior step-down autocallable barrier notes linked to the S&P 500 Index and Russell 2000 Index, maturing February 8, 2028.
The notes can be automatically called on or after February 16, 2027 if each index is at or above its call barrier, paying principal plus a call premium of 10.08% per annum (20.16% at final observation). If the notes are not called and the worst-performing index finishes below 70% of its initial level, investors lose 1% of principal for each 1% decline, up to a total loss. The price to public is 100%, with a 0.45% agent’s commission, and the estimated value is $987.10 per $1,000. The notes pay no interest, are unsecured, not FDIC insured, and will not be listed on any exchange.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is issuing $500,000 of senior unsecured autocallable contingent coupon barrier notes linked to the Russell 2000 (RTY) and Nasdaq‑100 (NDX), maturing on February 8, 2028.
The notes pay a 2.53% quarterly contingent coupon ($25.30 per $1,000) only if both indices are at or above barriers on each observation date. They are automatically called if both indices are at or above 100% of initial value from May 4, 2026 onward.
At maturity, if not called and the worst index is at or above 70% of initial value, investors receive $1,000 plus the final coupon. If it is below 70%, repayment is reduced 1‑for‑1 with the index loss, with up to 100% principal loss possible. The estimated value is $972.90 per $1,000, below the 100% issue price, reflecting fees and hedging costs. Proceeds to the issuer are $492,500 after a 1.50% selling concession.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, is offering $500,000 of senior unsecured medium-term notes linked to Tesla, Inc. stock, maturing on February 7, 2030.
The notes offer 204.40% upside participation with no cap and an automatic call on February 17, 2027 if Tesla’s stock is at or above the initial value of $421.96, paying back principal plus a 25% call premium. At maturity, if not called, investors receive leveraged gains if Tesla’s final value is at or above the initial value, but incur 1% loss of principal for each 1% decline below the initial value, up to total loss.
The notes pay no interest, will not be listed on an exchange, and have an estimated value of $961.60 per $1,000 at pricing, below the issue price. Investors are exposed to the credit risk of Nomura, and the tax treatment is uncertain, intended to be treated as pre-paid derivative contracts.
Nomura America Finance, guaranteed by Nomura Holdings, is offering US$924,000 of senior unsecured leveraged notes linked to Tesla, Inc. stock, maturing on February 6, 2031. The notes are issued at 100% of principal, with agent’s commission of 0.25% and issuer proceeds of $921,690.
The notes may be automatically called on February 17, 2027 if TSLA closes at or above the initial value of $421.96, paying back principal plus a 20% call premium. If held to maturity and TSLA finishes at or above the initial value, investors receive principal plus 212.70% of the equity gain; if TSLA finishes below the initial value, losses match the percentage decline, up to a total loss. The notes pay no interest and carry both Nomura credit risk and complex tax and market risks highlighted in extensive risk disclosures.
Nomura America Finance, LLC, fully guaranteed by Nomura Holdings, Inc., is offering unsecured autocallable contingent coupon barrier notes linked to the least performing of JetBlue, Roblox and Upstart, maturing February 8, 2029.
The notes pay a contingent coupon of at least 3.50% monthly (42.00% per annum) when each stock closes at or above its barrier on observation dates and may be automatically called starting August 2026 if all three are at or above their call barriers. If held to maturity and the worst-performing stock finishes below its 50% barrier, investors lose principal on a 1-for-1 basis, up to a 100% loss of principal.
The estimated value at pricing is expected between $852.80 and $882.80 per $1,000 note, below the 100% price to public. Distribution involves up to 0.25% agent commission and up to 1.75% referral fees, not exceeding 2.00% per $1,000 in total.
Nomura America Finance, guaranteed by Nomura Holdings, is offering senior unsecured notes linked to the common stock of Tesla, Inc. These leveraged notes can be automatically called on February 17, 2027 if Tesla’s stock closes at or above 100% of its initial value, paying back principal plus at least a 25% call premium.
If the notes are not called, they mature on February 7, 2030. At maturity, investors gain 204.40% of any positive Tesla price performance, but absorb losses one-for-one if the final value is below the initial value, potentially losing their entire principal. The notes pay no interest, are not listed on any exchange, and carry both Nomura and issuer credit risk. The estimated value at pricing is expected between $948.20 and $978.20 per $1,000 principal amount, below the 100% issue price.
Nomura America Finance, LLC, guaranteed by Nomura Holdings, Inc., is issuing $816,000 of senior global medium-term notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100 Technology Sector Index, maturing February 7, 2028.
The notes pay a 0.975% monthly contingent coupon (11.70% per annum) only if all three indices are at or above 70% of their initial values on each observation date. If the notes are not redeemed early and the worst index finishes below its 70% barrier, investors’ principal is reduced one-for-one with the index loss, up to a total loss of principal. Nomura may redeem the notes at its option from May 7, 2026, and the initial estimated value is $975.60 per $1,000, below the 100% price to the public.
Nomura America Finance, LLC is offering Step-Down Autocallable Barrier Notes linked to the least performing of the S&P 500® Index and the Russell 2000® Index, with a stated maturity of February 3, 2028. The notes trade on a February 2, 2026 trade date with a January 29, 2026 strike date and an expected original issue date of February 5, 2026. Each note has a $1,000 principal denomination and a Price to Public of 100.00%. Automatic call observation and settlement occur beginning on February 12, 2027 (10.00% call premium at a 100% call barrier) and at the final valuation date January 31, 2028 (20.00% call premium at a 70% barrier). The estimated model value on the trade date is between $950.40 and $980.40 per $1,000 principal amount. Agent compensation is disclosed as up to 0.45% of the public price plus placement-agent fees not to exceed $4.50 per $1,000. The notes are unsecured obligations of the issuer and are fully and unconditionally guaranteed by Nomura Holdings, Inc..
Nomura America Finance, guaranteed by Nomura Holdings, is offering autocallable contingent coupon barrier notes linked to the least-performing of Goldman Sachs, Morgan Stanley and Wells Fargo common stock, maturing on February 15, 2029.
The notes pay a quarterly contingent coupon of at least 2.688% (10.75% per year) only if each stock is at or above 60% of its initial value on observation dates. Starting August 12, 2026, the notes are automatically called at par plus coupon if all three stocks are at or above their initial levels. If not called and the worst-performing stock finishes below 60% of its initial value at maturity, investors lose principal one-for-one and can lose their entire investment. The notes are unsecured obligations exposed to Nomura’s credit risk and will not be listed on an exchange; their estimated value at pricing is expected to be below the $1,000 issue price.