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Deferred compensation plans (Tables)
12 Months Ended
Mar. 31, 2017
Deferred compensation plans  
SAR Plan A awards, Weighted-average assumptions

 

     Year ended March 31  
     2015     2016     2017  

Expected volatility

     45.26     40.87     40.95

Expected dividends yield

     2.39     2.99     2.30

Expected lives (in years)

     7       7       4.5  

Risk-free interest rate

     0.43     0.27     0.03
Activity relating to SAR Plan A awards

 

     Outstanding
(number of  Nomura
shares)
    Weighted-average
exercise price
     Weighted-average
remaining life
until expiry
(years)
 

Outstanding as of March 31, 2016

     14,991,100     ¥ 640        3.6  

Granted

     2,561,000       593     

Exercised

     (975,400     370     

Forfeited

     (55,200     707     

Expired

     (2,050,500     728     
  

 

 

   

 

 

    

Outstanding as of March 31, 2017

     14,471,000     ¥ 634        4.2  
  

 

 

   

 

 

    

Exercisable as of March 31, 2017

     9,340,600     ¥ 599        3.1
Activity relating to SAR Plan B awards

 

     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, 2016

     91,976,200     ¥ 545        5.1  

Granted

     23,870,500       375     

Exercised

     (39,702,000     554     

Forfeited

     (1,794,400     514     

Expired

     (18,700     816     
  

 

 

   

 

 

    

Outstanding as of March 31, 2017

     74,331,600     ¥ 486        4.8  
  

 

 

   

 

 

    

Exercisable as of March 31, 2017

     20,666,000     ¥ 512        3.1  
  

 

 

   

 

 

    
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, 2016

     38,582,022     ¥ 498       29,510,658     ¥ 586  

Granted

     21,048,181       463 (1)      19,275,538       475 (1) 

Vested

     (26,622,239     536 (2)      (28,894,163     526 (2) 

Forfeited

     (1,035,157       (859,970  
  

 

 

   

 

 

   

 

 

   

 

 

 

Outstanding as of March 31, 2017

     31,972,807     ¥ 679 (3)      19,032,063     ¥ 603 (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, 2017.
Activity relating to NIUs

 

     Outstanding
(number of  units)
    Index  price(1)  

Outstanding as of March 31, 2016

     22,916,989     $ 4,439  

Granted

     11,034,113       4,583 (2) 

Vested

     (20,822,917     4,789 (3) 

Forfeited

     (846,847  
  

 

 

   

 

 

 

Outstanding as of March 31, 2017

     12,281,338     $ 5,123 (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, 2017.