Nomura Holdings Reports Record Full-Year Net Income, Raises 2030 Targets, and Details Significant Shareholder Returns
Summary
Nomura Holdings reported record full-year net income, raised its 2030 financial targets, and detailed significant share repurchases and dividends, signaling strong performance and increased management confidence.
Key Events
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Record Full-Year Financial Performance
Nomura Holdings reported record net income attributable to shareholders of ¥362.1 billion for the fiscal year ended March 31, 2026, an increase of 6.3% year-over-year, with ROE reaching 10.1%.
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Upgraded 2030 Management Vision Targets
The company revised its 2030 management vision targets, aiming to consistently achieve ROE of 10-12% or more and pretax income of over ¥750 billion, up from previous targets of 8-10% ROE and over ¥500 billion pretax income.
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Significant Share Buyback and Cancellation
During the fiscal year, Nomura repurchased 99,361,149 common shares for ¥101,499,075 thousand and cancelled 75,000,000 shares for ¥57,665,918 thousand, demonstrating a substantial return of capital to shareholders.
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Annual Dividend Declaration
The company declared an annual dividend of ¥51 per share, comprising an interim dividend of ¥27 and a year-end dividend of ¥24, aligning with its policy of a total payout ratio (dividends and buybacks) of at least 50%.
Analysis
Nomura Holdings delivered a strong financial performance for the fiscal year, achieving record net income and exceeding its previous ROE target. The company's decision to significantly raise its 2030 management vision targets for both ROE and pretax income indicates increased confidence in its strategic direction and future profitability. Furthermore, the substantial share buyback and cancellation program, alongside a robust dividend, demonstrates a strong commitment to returning capital to shareholders.
At the time of this filing, NMR was trading at $8.06 on NYSE in the Finance sector, with a market capitalization of approximately $22.6B. The 52-week trading range was $5.96 to $9.58. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.