Borrowings (Tables)

12 Months Ended

Mar. 31, 2013

Short-term and long-term borrowings

Short-term and long-term borrowings of Nomura as of March 31, 2012 and 2013 are shown below.

	Millions of yen
	March 31
	2012		2013
Short-term borrowings(1):
Commercial paper	¥	315,579	¥	296,656
Bank borrowings		743,119		344,983
Other		126,915		96,806
Total	¥	1,185,613	¥	738,445
Long-term borrowings:
Long-term borrowings from banks and other financial institutions(2)	¥	3,494,323	¥	2,631,019
Bonds and notes issued(3):
Fixed-rate obligations:
Japanese yen denominated		1,124,504		1,303,757
Non-Japanese yen denominated		860,975		1,079,275
Floating-rate obligations:
Japanese yen denominated		788,224		390,261
Non-Japanese yen denominated		117,121		69,286
Index / Equity-linked obligations:
Japanese yen denominated		1,241,950		1,296,966
Non-Japanese yen denominated		654,775		644,414
		4,787,549		4,783,959
Subtotal		8,281,872		7,414,978
Trading balances of secured borrowings		222,968		177,390
Total	¥	8,504,840	¥	7,592,368

(1) Includes secured borrowings of ¥8,647 million as of March 31, 2012 and ¥13,779 million as of March 31, 2013.

(2) Includes secured borrowings of ¥224,543 million as of March 31, 2012 and ¥3,039 million as of March 31, 2013.

(3) Includes secured borrowings of ¥757,018 million as of March 31, 2012 and ¥458,342 million as of March 31, 2013.

Long-term borrowings

Long-term borrowings consisted of the following:

	Millions of yen
	March 31
	2012		2013
Debt issued by the Company	¥	3,178,278	¥	3,509,117
Debt issued by subsidiaries—guaranteed by the Company		2,076,721		2,207,268
Debt issued by subsidiaries—not guaranteed by the Company(1)		3,249,841		1,875,983
Total	¥	8,504,840	¥	7,592,368

(1) Includes trading balances of secured borrowings.

Effective weighted-average interest rates of borrowings

Following table presents the effective weighted-average interest rates of borrowings, including the effect of fair value hedges as of March 31, 2012 and 2013.

	March 31
	2012			2013
Short-term borrowings		0.43	%		0.61	%
Long-term borrowings		1.34	%		1.71	%
Fixed-rate obligations		2.04	%		2.39	%
Floating-rate obligations		0.90	%		0.91	%
Index / Equity-linked obligations		1.22	%		1.72	%

Maturities of long-term borrowings

The following table presents the aggregate annual maturities of long-term borrowings, including adjustments related to fair value hedges and liabilities measured at fair value, as of March 31, 2013:

Year ending March 31	Millions of yen
2014	¥	701,517
2015		1,320,270
2016		1,140,710
2017		693,281
2018		805,937
2019 and thereafter		2,753,263
Subtotal		7,414,978
Trading balances of secured borrowings		177,390
Total	¥	7,592,368