Nomura first-half pretax profit rises 21.1%

Wealth Management and Wholesale reported higher pretax income, while Other operating results recorded an 8.2 billion yen loss.

Available on EDGAR 11/06/2026 - 06:05 AM EST Accepted by SEC EDGAR 11/06/2026 - 06:01 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Nomura Holdings, Inc. (NMR) reported net revenue of 1,294.2 billion yen for the six months ended September 30, 2026, up 24.6% from a year earlier; non-interest expenses rose 26.0% to 934.7 billion yen. Income before income taxes was 359.5 billion yen, up 21.1%, and net income attributable to NHI shareholders was 249.3 billion yen. Basic and diluted earnings per share were 85.39 yen and 82.97 yen, and annualized return on shareholders’ equity was 13.3%.

Wealth Management revenue rose 29.1% to 286.9 billion yen, with pretax income up 62.1% to 136.7 billion yen; Wholesale revenue increased 25.5% to 678.0 billion yen and pretax income rose 46.6% to 139.4 billion yen. Investment Management revenue rose 64.4% to 183.1 billion yen, primarily as businesses acquired in the Macquarie Acquisition were consolidated. Other operating results recorded an 8.2 billion yen pretax loss, compared with 56.9 billion yen of income a year earlier. Value at risk was 6.4 billion yen as of September 30, 2026, up 10.3% from March 31, 2026.

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Positive

• Moderate pointNet revenue rose 24.6% to 1,294.2 billion yen year over year.
• Moderate pointIncome before income taxes increased 21.1% to 359.5 billion yen.

Negative

• Minor pointOther operating results recorded an 8.2 billion yen pretax loss, versus 56.9 billion yen of income a year earlier.

Filing Explained

Form 6-K is an interim report for a foreign private issuer, and this filing furnishes Nomura’s six-month financial highlights. It also incorporates Exhibit 1 by reference into the prospectuses that are part of the identified Form F-3 registration statements, extending where these results are disclosed.

Key Figures

Net revenue: 1,294.2 billion yen; up 24.6% Non-interest expenses: 934.7 billion yen; up 26.0% Income before income taxes: 359.5 billion yen; up 21.1% +5 more

8 metrics

Net revenue 1,294.2 billion yen; up 24.6% Six months ended September 30, 2026; compared with the same period in the previous year

Non-interest expenses 934.7 billion yen; up 26.0% Six months ended September 30, 2026; compared with the same period in the previous year

Income before income taxes 359.5 billion yen; up 21.1% Six months ended September 30, 2026; compared with the same period in the previous year

Net income attributable to NHI shareholders 249.3 billion yen Six months ended September 30, 2026

Basic net income per share attributable to NHI shareholders 85.39 yen Six months ended September 30, 2026

Diluted net income per share attributable to NHI shareholders 82.97 yen Six months ended September 30, 2026

Return on shareholders’ equity 13.3% Annualized; six months ended September 30, 2026

Value at risk 6.4 billion yen; up 10.3% As of September 30, 2026, compared with March 31, 2026; 95% confidence level and one-day time horizon

Key Terms

Value at risk, Final Designated Parent Company, consolidated capital adequacy ratio, Investment trust administration fees, +1 more

5 terms

Value at risk financial

"Value at risk as of September 30, 2026 was 6.4 billion yen"

Final Designated Parent Company regulatory

"NHI has been assigned as a Final Designated Parent Company"

consolidated capital adequacy ratio regulatory

"calculating its consolidated capital adequacy ratio"

Investment trust administration fees financial

"increase in Investment trust administration fees and other"

Inter-product price fluctuations financial

"Inter-product price fluctuations are considered"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much revenue did NMR report for the six months ended September 30, 2026?

NMR reported net revenue of 1,294.2 billion yen, up 24.6% from the same period a year earlier.

What were NMR’s net income and earnings per share for the six months ended September 30, 2026?

Net income attributable to NHI shareholders was 249.3 billion yen. Basic earnings per share were 85.39 yen, and diluted earnings per share were 82.97 yen.

Why did NMR’s Investment Management revenue increase?

Investment Management revenue was 183.1 billion yen, up 64.4%, primarily because of increased business revenue from consolidating businesses acquired in the Macquarie Acquisition. The acquisition was completed on December 1, 2025, and the acquired companies’ results were included beginning on that date.

What was NMR’s value at risk as of September 30, 2026?

Value at risk was 6.4 billion yen, up 10.3% compared with March 31, 2026. It is defined at a 95% confidence level using a one-day time horizon, and inter-product price fluctuations are considered.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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FORM 6-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Commission File Number: 1-15270

For the month of November 2026

NOMURA HOLDINGS, INC.

(Translation of registrant’s name into English)

13-1, Nihonbashi 1-chome

Chuo-ku, Tokyo 103-8645

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F  X    Form 40-F    

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):    

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):    

Information furnished on this form:

EXHIBIT

Exhibit Number
1.		Supplement for Financial Highlights – Six months ended September 30, 2026

The registrant hereby incorporates Exhibit 1 to this report on Form 6-K by reference (i) in the prospectus that is part of the Registration Statement on Form F-3 (Registration No. 333-283915) of the registrant, originally filed with the SEC on December 19, 2024, as amended by Post-Effective Amendment No. 1 thereto, filed with the SEC on August 29, 2025 and (ii) in the prospectus that is part of the Registration Statement on Form F-3 (Registration No. 333-297506) of the registrant and of Nomura America Finance, LLC, filed with the SEC on July 16, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		NOMURA HOLDINGS, INC.
Date: November 6, 2026		By:		/s/ Akito Bato
				Akito Bato
				Senior Managing Director

Presentation of Financial and Other Information

As used in this Form 6-K, references to “Nomura” are to Nomura Holdings, Inc. and its consolidated entities. References to “NHI” are to Nomura Holdings, Inc.

Unless otherwise stated, references in this Form 6-K to “yen” are to Japanese yen. Amounts shown in this Form 6-K have been rounded to the nearest indicated digit unless otherwise specified. In tables and paragraphs with rounded figures, sums may not add up due to rounding.

Except as otherwise indicated, all financial information with respect to Nomura presented in this Form 6-K is presented on an unaudited consolidated basis in accordance with U.S. generally accepted accounting principles.

Supplement for Financial Highlights—Six months ended September 30, 2026

Nomura reported net revenue of 1,294.2 billion yen for the six months ended September 30, 2026, an increase of 24.6% from the same period in the previous year. Non-interest expenses increased by 26.0% from the same period in the previous year to 934.7 billion yen. Income before income taxes was 359.5 billion yen and net income attributable to NHI shareholders was 249.3 billion yen for the six months ended September 30, 2026. Basic-Net income attributable to NHI shareholders per share was 85.39 yen and Diluted-Net income attributable to NHI shareholders per share was 82.97 yen. Return on shareholders’ equity was 13.3%. Return on shareholders’ equity annualized is calculated as the ratio of net income attributable to NHI shareholders to the average of total NHI shareholders’ equity at the beginning and end of the period multiplied by 2 to annualize the figure.

i.) Financial Position

As of September 30, 2026, Nomura’s main balance sheet indicators were as follows:

• Total assets: 67.5 trillion yen (an increase of 4.8 trillion yen compared to March 31, 2026 due mainly to an increase in Trading assets)

• Total liabilities: 63.6 trillion yen (an increase of 4.8 trillion yen compared to March 31, 2026 due mainly to an increase in Trading liabilities)

• Total equity: 3.9 trillion yen (an increase of 0.1 trillion yen compared to March 31, 2026 due mainly to an increase in Retained earnings)

• Total NHI shareholders’ equity: 3.8 trillion yen

As of September 30, 2026, Nomura’s capital-related indicators were as follows¹:

• Tier 1 Capital: 3,701 billion yen (3,843 billion yen as of March 31, 2026)

• Tier 2 Capital: 236.0 billion yen (189.3 billion yen as of March 31, 2026)

• Total Capital: 3,937 billion yen (4,032 billion yen as of March 31, 2026)

• Tier 1 Capital ratio: 14.5% (15.6% as of March 31, 2026)

• Common Equity Tier 1 Capital ratio: 12.6% (12.8% as of March 31, 2026)

• Consolidated Capital Adequacy ratio: 15.4% (16.4% as of March 31, 2026)

• Consolidated Leverage ratio (Tier 1 capital divided by exposure (the sum of on-balance sheet exposures and off-balance sheet items)): 4.68% (5.18% as of March 31, 2026)

• Risk weighted assets: 25,499 billion yen (an increase from 24,544 billion yen as of March 31, 2026, due mainly to an increase in Credit Risk)

¹  Ratios and figures in this paragraph represent preliminary estimates as of the date of this supplement release and may be revised in NHI’s Semi-annual Securities Report on Form 6-K for the period ended September 30, 2026.

NHI has been assigned as a Final Designated Parent Company who must calculate a consolidated capital adequacy ratio according to the “Establishment of standards on sufficiency of capital stock of a final designated parent company and its subsidiary entities, etc. compared to the assets held thereby” (2010 FSA Regulatory Notice No. 130; “Capital Adequacy Notice on Final Designated Parent Company”). Since then, the Capital Adequacy Notice on Final Designated Parent Company has been revised to be in line with Basel 2.5 and Basel III.

Since its designation as a Final Designated Parent Company in April 2011, NHI has been calculating its consolidated capital adequacy ratio according to the Capital Adequacy Notice on Final Designated Parent Company and, from the end of March 2013, according to a Basel III-based consolidated capital adequacy ratio.

ii.) Value at Risk

Value at risk as of September 30, 2026 was 6.4 billion yen, which represents a 10.3% increase compared to March 31, 2026. Value at risk is defined at 95% confidence level. The time horizon for our outstanding portfolio is 1 day. Inter-product price fluctuations are considered.

iii.) Number of Employees

As of September 30, 2026, Nomura had 29,313 employees globally (Japan: 15,242, Europe: 3,261, Americas: 3,070, Asia and Oceania (including Powai office in India): 7,740).

The six months ended September 30, 2026—Business Highlights

Business Segment Information

Wealth Management

 Results of operation

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net revenue			222.3				286.9				29.1
Non-interest expenses			138.0				150.3				8.9
Income (loss) before income taxes			84.3				136.7				62.1

Net revenue increased from 222.3 billion yen for the six months ended September 30, 2025 to 286.9 billion yen for the six months ended September 30, 2026 primarily due to an increase in Investment trust administration fees and other. Non-interest expenses were 150.3 billion yen and income before income taxes was 136.7 billion yen.

 KPIs

Trillions of yen

% Change

March 31,

September 30,

(B-A)/(A)

2026 (A)

2026 (B)

Recurring revenue assets

27.9

31.3

12.2

Billions of yen

% Change

For the six months ended

(B-A)/(A)

September 30,

September 30,

2025 (A)

2026 (B)

Net inflows of recurring revenue assets(1)

568.4

1,295.0

127.8

Thousands

% Change

For the six months ended

(B-A)/(A)

September 30,

September 30,

2025 (A)

2026 (B)

Flow business clients

1,263

1,288

2.0

Trillions of yen

% Change

March 31,

September 30,

(B-A)/(A)

2026 (A)

2026 (B)

Workplace client assets(2)

9.1

10.4

14.3

(1) Net inflows of recurring revenue assets are defined and calculated by subtracting the amount of sell-offs and outflows from the amount of purchase and inflows of recurring revenue assets, and is an index used to measure the expansion of recurring revenue assets excluding changes in market value.

- 1 -

(2) Workplace client assets are defined as the amount of assets under management associated with workplace business clients, such as shares transferred from employee stock ownership plans to an account with Nomura, as well as recurring revenue assets, including investment trusts and discretionary investments. Beginning with the year ending March 31, 2027, the KPI previously disclosed as “Workplace services” has been replaced by “Workplace client assets” in light of the current business environment and progress in our business model transformation. Through the year ended March 31, 2026, our focus was on establishing the foundations for this business by building out our customer base. Moving forward, our focus has shifted to using innovative marketing and services to increase assets under management for this customer base.

Investment Management

 Results of operation

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net revenue			111.4				183.1				64.4
Non-interest expenses			59.2				110.7				87.2
Income (loss) before income taxes			52.2				72.4				38.5

On December 1, 2025, Nomura completed the acquisition of all equity interests in Macquarie Management Holdings, Inc., Macquarie Investment Management Holdings (Luxembourg) S.à r.l., and Macquarie Investment Management Holdings (Austria) GmbH (collectively, “Acquired Companies”), pursuant to the share purchase agreement entered into on April 22, 2025 (the “Macquarie Acquisition”). As a result, these companies have become consolidated subsidiaries of Nomura with effect from December 1, 2025, and their results of operations and KPIs are included in the Investment Management figures disclosed under this Results of operation subsection and the following KPIs subsection beginning on such date.

Net revenue increased from 111.4 billion yen for the six months ended September 30, 2025 to 183.1 billion yen for the six months ended September 30, 2026, primarily due to an increase in Business revenue as a result of the consolidation of the businesses acquired in the Macquarie Acquisition. Non-interest expenses were 110.7 billion yen for the six months ended September 30, 2026, an increase over the same period in the previous year as a result of expenses attributable to the Acquired Companies and amortization of intangible assets related to the acquired business. As a result, income before income taxes was 72.4 billion yen.

The breakdown of net revenue for Investment Management is as follows:

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Business revenue(1)			84.7				168.5				98.9
Investment gain/ loss(2)			26.7				14.6				(45.3	)
Net revenue			111.4				183.1				64.4

(1) Consists of divisional revenue, other than investment gain/loss, including revenue generated by our asset management business (excluding gains and losses related to our investment in American Century Investments), revenues generated by Nomura Babcock & Brown Co., Ltd.’s aircraft leasing related businesses and management fee revenues generated from our private equity and other investment businesses.

- 2 -

(2) Consists of divisional revenue attributable to investments (including fair value fluctuations, funding cost and dividends), including gains and losses related to our investment in American Century Investments, our investments held in our private equity and other investment businesses.

 KPIs

Trillions of yen

% Change

March 31, 2026 (A)

September 30, 2026 (B)

(B-A)/(A)

Assets Under Management

136.9

152.8

11.6

Billions of yen

% Change

For the six months ended

(B-A)/(A)

September 30, 2025 (A)

September 30, 2026 (B)

Net inflows

606

(852

)

—

Wholesale

 Results of operation

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net revenue			540.3				678.0				25.5
Non-interest expenses			445.2				538.6				21.0
Income (loss) before income taxes			95.0				139.4				46.6

The breakdown of net revenue for Wholesale is as follows:

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Fixed Income			246.7				258.4				4.7
Equities			212.1				314.5				48.3
Global Markets			458.8				572.9				24.9
Investment Banking			81.5				105.1				29.0
Net revenue			540.3				678.0				25.5

Global Markets net revenue was 572.9 billion yen. Fixed Income net revenue increased from 246.7 billion yen for the six months ended September 30, 2025 to 258.4 billion yen for the six months ended September 30, 2026, partly driven by spread products. Equities net revenue increased from 212.1 billion yen for the six months ended September 30, 2025 to 314.5 billion yen for the six months ended September 30, 2026 due to strong performances in equity products. Investment banking net revenue was 105.1 billion yen.

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 KPIs

		Three months ended
		June 30,				September 30,
Cost-to-income ratio
2025/26			84	%			81	%
2026/27			75	%			85	%
Revenue/modified RWA
2025/26			6.9	%			7.1	%
2026/27			9.3	%			7.7	%

Banking

 Results of operation

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net revenue			25.7				31.6				23.1
Non-interest expenses			18.9				23.6				25.0
Income (loss) before income taxes			6.8				8.0				17.7

Net revenue increased from 25.7 billion yen for the six months ended September 30, 2025 to 31.6 billion yen for the six months ended September 30, 2026, primarily due to an increase in Trust & Agent Service revenue. Non-interest expenses were 23.6 billion yen and income before income taxes was 8.0 billion yen.

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Banking revenue and others(1)			7.1				8.6				21.1
Trust & Agent Service revenue(2)			18.6				23.0				23.7
Net revenue			25.7				31.6				23.1

(1) Consists mainly of net interest margin earned by The Nomura Trust & Banking Co., Ltd. (“NTB”), as well as service revenue such as fees and spreads from foreign exchange transactions at NTB.

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(2) Consists mainly of revenue from Nomura Bank (Luxembourg) S.A. (“NBL”) and revenue generated from the management of client assets such as investment trusts and similar vehicles at NTB.

 KPIs

Billions of yen

% Change

March 31,

September 30,

(B-A)/(A)

2026 (A)

2026 (B)

Loan Outstanding (The Nomura Trust and Banking Co., Ltd.) (1)

1,177

1,361

15.6

Trillions of yen

% Change

March 31,

September 30,

(B-A)/(A)

2026 (A)

2026 (B)

Investment Trust balance (The Nomura Trust and Banking Co., Ltd.)(2)

42.9

44.2

3.0

Billions of U.S. dollars

% Change

March 31,

September 30,

(B-A)/(A)

2026 (A)

2026 (B)

Assets under administration (Nomura Bank (Luxembourg) S.A.)(3)

64.6

73.7

14.1

(1) The total balance of loans conducted by NTB, such as private banking loans and the “Nomura Web Loan” securities-backed loan product, corresponds to the figure for “Loans” disclosed on the asset side of NTB’s standalone balance sheet. Such figure is disclosed on the basis of regulatory standards based on accounting principles generally accepted in Japan and does not necessarily correspond to “Loans receivable” as disclosed by NHI on its consolidated balance sheet, which is prepared on the basis of accounting principles generally accepted in the United States.

(2) The asset balance of investment trusts entrusted to NTB, calculated as the total net asset value of each fund as of its respective most recent fiscal period end. Such fiscal period end may not align with the date shown, and, for funds with only annual or semi-annual accounting, such period-end may not have occurred, and the amount may not have been updated, during the relevant quarter. The amount shown corresponds to the figure for “Investment Trusts” disclosed on the liability side of NTB’s standalone Statement of Trust Account. Such figure, which is disclosed on the basis of Japanese regulatory standards, is not included in NHI’s consolidated balance sheet.

(3) The total asset amount of each investment trust for which NBL is responsible for calculating the net asset value, accounting treatment, order processing, nominee management, and creating preparation of various reports.

 Other Operating Results

		Billions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net revenue			137.5				103.1				(25.0	)
Non-interest expenses			80.6				111.4				38.2
Income (loss) before income taxes			56.9				(8.2	)			—

Net revenue was 103.1 billion yen. Income (loss) before income taxes was (8.2) billion yen.

- 5 -

Segment Information—Operating Segment

The following table shows business segment information and reconciliation items to the consolidated statements of income.

		Millions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net revenue
Business segment information:
Wealth Management			222,271				286,938				29.1
Investment Management			111,399				183,113				64.4
Wholesale			540,255				678,022				25.5
Banking			25,696				31,624				23.1
Subtotal			899,621				1,179,697				31.1
Other			137,526				103,121				(25.0	)
Net revenue			1,037,147				1,282,818				23.7
Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes			1,630				11,372				597.7
Net revenue			1,038,777				1,294,190				24.6
Non-interest expenses (*1)
Business segment information:
Wealth Management			137,993				150,287				8.9
Investment Management			59,161				110,744				87.2
Wholesale			445,207				538,635				21.0
Banking			18,902				23,627				25.0
Subtotal			661,263				823,293				24.5
Other			80,587				111,360				38.2
Non-interest expenses			741,850				934,653				26.0
Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes			—				—				—
Non-interest expenses			741,850				934,653				26.0
Income (loss) before income taxes
Business segment information:
Wealth Management			84,278				136,651				62.1
Investment Management			52,238				72,369				38.5
Wholesale			95,048				139,387				46.6
Banking			6,794				7,997				17.7
Subtotal			238,358				356,404				49.5
Other (*2)			56,939				(8,239	)			—
Income (loss) before income taxes			295,297				348,165				17.9
Reconciliation items:
Unrealized gain (loss) on investments in equity securities held for operating purposes			1,630				11,372				597.7
Income (loss) before income taxes			296,927				359,537				21.1

(*1) Includes primarily personnel expenses, occupancy, technology, and professional fees.

(*2) Major components

- 6 -

Transactions between operating segments are recorded within segment results on commercial terms and conditions, and are eliminated in “Other.”

The following table presents the major components of income (loss) before income taxes in “Other.”

		Millions of yen								% Change
		For the six months ended								(B-A)/(A)
		September 30,				September 30,
		2025 (A)				2026 (B)
Net gain (loss) related to economic hedging transactions			901				(3,981	)			—
Realized gain (loss) on investments in equity securities held for operating purposes			2,214				1,178				(46.8	)
Equity in earnings of affiliates			24,769				21,897				(11.6	)
Corporate items			(26,818	)			(19,944	)			—
Other			55,873				(7,389	)			—
Total			56,939				(8,239	)			—

Disclaimers

• This document is produced by Nomura. Copyright 2026 Nomura Holdings, Inc. All rights reserved.

• Nothing in this document shall be considered as an offer to sell or solicitation of an offer to buy any security, commodity or other instrument, including securities issued by Nomura or any affiliate thereof. Offers to sell, sales, solicitations to buy, or purchases of any securities issued by Nomura or any affiliate thereof may only be made or entered into pursuant to appropriate offering materials or a prospectus prepared and distributed according to the laws, regulations, rules and market practices of the jurisdictions in which such offers or sales may be made.

• No part of this document shall be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Nomura.

• The information and opinions contained in this document have been obtained from sources believed to be reliable, but no representations or warranties, express or implied, are made that such information is accurate or complete and no responsibility or liability can be accepted by Nomura for errors or omissions or for any losses arising from the use of this information.

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• This document contains statements that may constitute, and from time to time our management may make “forward-looking statements” within the meaning of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. Any such statements must be read in the context of the offering materials pursuant to which any securities may be offered or sold in the United States. These forward-looking statements are not historical facts but instead represent only Nomura’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside Nomura’s control. Important factors that could cause actual results to differ from those in specific forward-looking statements include, without limitation, economic and market conditions, political events and investor sentiments, liquidity of secondary markets, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, and the number and timing of transactions.

• The review of the consolidated financial statements for the six-month period ended September 30, 2026 has not been completed by the independent auditors as of the date of this supplement. As a result of such review, certain of the information set forth herein could be subject to revision, possibly material, in NHI’s Semi—annual Securities Report on Form 6-K for the period ended September 30, 2026.

• This document should be read together with and is qualified in its entirety by reference to Nomura’s Annual Report on Form 20-F for the year ended March 31, 2026.

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