XML 63 R44.htm IDEA: XBRL DOCUMENT v3.5.0.1
Deferred compensation plans (Tables)
12 Months Ended
Mar. 31, 2016
Deferred compensation plans  
SAR Plan A, Weighted-average assumptions
     Year ended March 31  
     2014     2015     2016  

Expected volatility

     45.97     45.26     40.87

Expected dividends yield

     1.00     2.39     2.99

Expected lives (in years)

     7        7        7   

Risk-free interest rate

     0.51     0.43     0.27
Activity relating to SAR Plan A
     Outstanding
(number of  Nomura
shares)
    Weighted-average
exercise price
     Weighted-average
remaining life
until expiry
(years)
 

Outstanding as of March 31, 2015

     15,649,400      ¥ 683         3.8   

Granted

     2,597,000        809      

Exercised

     (1,219,300     442      

Forfeited

     (70,000     767      

Expired

     (1,966,000     1,274      
  

 

 

   

 

 

    

Outstanding as of March 31, 2016

     14,991,100      ¥ 640         3.6   
  

 

 

   

 

 

    

Exercisable as of March 31, 2016

     9,697,800      ¥ 566         2.7   
  

 

 

   

 

 

    
Activity relating to SAR Plan B

 

     Outstanding
(number of  Nomura
shares)
    Weighted-Average
grant date fair
value per share
     Weighted-average
remaining life
until expiry
(years)
 

Outstanding as of March 31, 2015

     100,389,000      ¥ 478         5.4   

Granted

     25,581,300        759      

Exercised

     (32,620,800     503      

Forfeited

     (1,332,500     618      

Expired

     (40,800     1,611      
  

 

 

   

 

 

    

Outstanding as of March 31, 2016

     91,976,200      ¥ 545         5.1   
  

 

 

   

 

 

    

Exercisable as of March 31, 2016

     23,010,400      ¥ 498         3.2   
  

 

 

   

 

 

    
Activity related to NSUs and CSUs

 

     NSUs     CSUs  
     Outstanding
(number of  units)
    Stock
price
    Outstanding
(number of  units)
    Stock
price
 

Outstanding as of March 31, 2015

     48,119,533      ¥ 693        41,181,078      ¥ 524   

Granted

     19,285,618        779 (1)      20,691,298        826 (1) 

Vested

     (25,903,638     767 (2)      (30,622,912     600 (2) 

Forfeited

     (2,919,491       (1,738,806  
  

 

 

   

 

 

   

 

 

   

 

 

 

Outstanding as of March 31, 2016

     38,582,022      ¥ 498 (3)      29,510,658      ¥ 586 (3) 
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Weighted-average price of the Company’s common stock used to determine number of awards granted.
(2) Weighted-average price of the Company’s common stock used to determine the final cash settlement amount of the awards.
(3) The price of the Company’s common stock used to remeasure the fair value of the remaining outstanding unvested awards as of March 31, 2016.
Activity relating to NIUs

 

     Outstanding
(number of  units)
    Index  price(1)  

Outstanding as of March 31, 2015

     33,447,242      $ 4,650   

Granted

     16,824,078        4,803 (2) 

Vested

     (25,429,583     4,494 (3) 

Forfeited

     (1,924,748  
  

 

 

   

 

 

 

Outstanding as of March 31, 2016

     22,916,989      $ 4,439 (4) 
  

 

 

   

 

 

 

 

(1) The price of each unit is determined using 1/1000th of the index price.
(2) Weighted-average index price used to determine number of awards granted.
(3) Weighted-average index price used to determine the final cash settlement amount of the awards.
(4) Index price used to remeasure the total fair value of the remaining outstanding unvested awards as of March 31, 2016.