Nomura Holdings Inc (JP:8604)
:8604
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
30.62Last Year’s EPS
35.19Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive full‑year performance with several strategic achievements: record full‑year net income, ROE above 10%, all‑time high AUM and segment income, strong Wealth Management recurring revenue and robust capital returns. However, the fourth quarter showed notable softness driven by market volatility, defensive risk controls, one‑time impairments and higher operating expenses that pushed the Q4 cost-income ratio up to ~86% and caused quarter-on-quarter profit declines. Management described these Q4 headwinds as largely one‑off or timing-related and emphasized ongoing revenue momentum (particularly in April), continued investment in growth initiatives (asset management, wealth and banking), and disciplined capital and risk controls.Company Guidance
Record Full-Year Profit and Revenue Growth
Group net revenue rose 15% YoY to JPY 2,167.7 billion; income before income taxes increased 14% to JPY 539.8 billion; net income grew 6% to JPY 362.1 billion — a record high for the second consecutive year.
ROE Target Achieved
Full-year ROE reached 10.1%, meeting the group's 8%–10%+ ROE target range for the second year in a row.
Four Segments Reach All-Time High Income
Aggregate four-segment income before income taxes hit an all-time high of JPY 506.9 billion, with Wealth Management and Wholesale driving company-wide earnings.
Wealth Management Momentum — Recurring Revenue and Flows
Wealth Management income before income taxes rose 23% YoY; recurring revenue reached a record JPY 56.8 billion; recurring revenue cost coverage ratio was 72%; net inflows of recurring revenue assets were JPY 422.8 billion (16th consecutive quarter of inflows > outflows); division margin on income before taxes remained above 40%.
Investment Management AUM and Revenue Expansion
Assets under management rose to an all-time high of JPY 136.9 trillion (over 50% growth YoY); Investment Management net revenue increased 42% QoQ to JPY 86.2 billion and business (stable) revenue hit record levels; alternative AUM reached a record JPY 3.6 trillion (≈+JPY 300 billion from Dec).
Wholesale Full-Year Strength
For the full year, wholesale revenue growth occurred across all regions; Global Markets and Investment Banking delivered record high revenue for the year and wholesale income grew ~21% YoY (company comment).
Capital, Payout and Capital Ratio
Announced ordinary dividend JPY 24 in Q4 bringing annual dividend to JPY 51 (payout ratio 41%); full-year total shareholder payout including RSU was 58% (excluding RSU >50%); CET1 ratio remained solid at 12.9% (down 0.1 pp from Dec).
Private Credit Exposure Managed and Diversified
Group private credit exposure is diversified: ~USD 800 million lender financing for private credit funds (wholesale), ~USD 1.2 billion direct lending to SMEs (wholesale), and ~USD 400 million in investment management holdings; firm emphasizes portfolio diversification and selective origination.
JP:8604 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JP:8604 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2026 | ¥1332.50 | ¥1312.00 | -1.54% |
Jan 30, 2026 | ¥1400.32 | ¥1390.48 | -0.70% |
Oct 28, 2025 | ¥1073.12 | ¥1077.06 | +0.37% |
Jul 29, 2025 | ¥953.64 | ¥956.71 | +0.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nomura Holdings Inc (JP:8604) report earnings?
Nomura Holdings Inc (JP:8604) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Nomura Holdings Inc (JP:8604) earnings time?
Nomura Holdings Inc (JP:8604) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Nomura Holdings Inc stock?
The P/E ratio of Nomura Holdings is N/A.
What is JP:8604 EPS forecast?
JP:8604 EPS forecast for the fiscal quarter 2027 (Q1) is 30.62.