FORM 6-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Commission File Number: 1-15270

For the month of February 2020

NOMURA HOLDINGS, INC.

(Translation of registrant’s name into English)

9-1, Nihonbashi 1-chome

Chuo-ku, Tokyo 103-8645

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F       X         Form 40-F               

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):         

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):         

Information furnished on this form:

EXHIBIT

Exhibit Number

1. Consolidated Results of Operations (US GAAP), Third quarter, year ending March 2020

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	NOMURA HOLDINGS, INC.
Date: February 6, 2020	By:	/s/ Go Sugiyama
		Go Sugiyama
		Senior Managing Director

Consolidated Results of Operations    Third quarter, year ending March 2020    (US GAAP)    Nomura Holdings, Inc.    January 2020    Connecting Markets East & West    Nomura

Outline    Presentation        Executive summary (p. 2-3)    Overview of results (p. 4)    Business segment results (p. 5)    Retail (p. 6-7)    Asset Management (p. 8-9)    Wholesale (p. 10-12)    Non-interest expenses (p. 13)    Robust financial position (p. 14)    Funding and liquidity (p. 15)                Financial Supplement    Consolidated balance sheet (p. 17)    Value at risk (p. 18)    Consolidated financial highlights (p. 19)    Consolidated income (p. 20)    Main revenue items (p. 21)    Consolidated results: Income (loss) before income taxes by segment and region (p. 22)    Segment ôOtherö (p. 23)    Retail related data (p. 24-27)    Asset Management related data (p. 28-29)    Wholesale related data (p. 30)    Number of employees (p. 31)                

Executive summary (1/2)    FY2019/20 1Q û 3Q highlights        Three segment income before income taxes of Y150.7bn representing substantial rebound from pretax loss last year     Wholesale profitability has improved significantly    -Fixed Income net revenue increased 57% compared to the same period last year as US interest rates dropped and credit spreads tightened    -Wholesale expenses declined YoY as a result of the realignment of our business portfolio and absence of goodwill impairment charge booked in FY2018/19 3Q     An improvement in gain/loss from American Century Investments lifted Asset Management income before income taxes    Segment ôOtherö pretax results improved significantly as one-off expenses(4)booked in the same period last year were no longer present and we booked a realized gain from the sale of Nomura Research Institute shares                 FY2018/19 FY2019/20 YoY                 1Q-3Q     1Q-3Q                Net revenue                 Y815.5bn Y1,050.4bn 29% Income (loss) before                Income taxes                 -Y62.1bn Y273.0bn — Net income (loss)(1) -Y101.3bn Y251.5bn — EPS(2)                 -Y30.03 Y75.65    — ROE(3)                —                 12.6%    —    Income (loss) before income taxes: Business FY2018/19 FY2019/20 segment results                 1Q-3Q     1Q-3Q Retail                 Y46.2bn Y31.0bn Asset Management                 Y19.8bn Y37.5bn Wholesale                 -Y98.4bn Y82.1bn Subtotal                 -Y32.4bn Y150.7bn Other                 -Y20.6bn Y127.1bn Unrealized gain/loss on investments in equity -Y9bn     -Y4.8bn securities held for operating purposes                Income (loss) before income taxes                 -Y62.1bn Y273.0bn    YoY     -33%    90%    — — — — —    1. Net income (loss) attributable to Nomura Holdings shareholders.    2.    Diluted net income (loss) attributable to Nomura Holdings shareholders per share.    3.Calculated using annualized net income attributable to Nomura Holdings shareholders for each period    4.Expenses related to settlement with US DoJ over legacy transactions (-Y19.8bn), recognition of FX translation adjustment due to progress in winding up subsidiary in Middle East & Africa (-Y7.0bn)                2

Executive summary (2/2)    FY2019/20 3Q highlights        Net revenue: Y335.0bn; Income before income taxes: Y69.7bn; Net income(1): Y57.1bn; EPS(2): Y17.63; ROE(3): 8.4%    ûNet revenue and income before income taxes both declined from the previous quarter which included contribution* related to the sale of shares in Nomura Research Institute, however, three segment income before income taxes increased markedly due to improvement in Wholesale and Retail performance    ûInternational business reported third straight profitable quarter (3Q: Y19.7bn; 1Q—3Q: Y60.3bn); Business platform realignment has delivered more consistent earnings and lower costs                *Impact of sale of Nomura Research Institute shares in FY2019/20 2Q     Realized gain of Y73.3bn     Tax expense declined by approximately Y27bn due mainly to applying deemed dividend rules and reversing deferred tax liabilities booked in past years    Three segment income before income taxes increased 105% QoQ to Y70.2bn                Retail    û Favorable market conditions led to an improvement in investor sentiment; Sales growth in all products, most notably investment trusts and stocks                Asset Management    ûFourteenth straight quarter of inflows combined with market factors to lift AuM above Y55trn for first time ever                Wholesale    ûAll business lines reported stronger revenues QoQ; Fixed Income reported best quarterly    revenues for past three years driven by strong performances in Americas and EMEA    1. Net income (loss) attributable to Nomura Holdings shareholders    2.Diluted net income (loss) attributable to Nomura Holdings shareholders per share.    3.Calculated using annualized net income attributable to Nomura Holdings shareholders for each period.                Income (loss) before income taxes and net income (loss)1    Firm-wide                 (billions of yen)                 Income (loss) before income taxes                 Net income (loss)                 138.6                 128.5                 74.8                 69.7                 24.4 55.8                 57.1 13.6 (5.2)0.5                 0.8                 -11.2                 -76.2                 -95.3                 FY2018/19                 FY2019/20 1Q 2Q                 3Q 4Q     1Q                 2Q 3Q Three segment income (loss) before income taxes                 70.2                 46.3                 26.0                 34.2    22.8                 4.7                 -81.3                 Wholesale                 Asset Management                 Retail                 FY2018/19                 FY2019/20 1Q 2Q                 3Q 4Q     1Q                 2Q 3Q                 3

Overview of results    Highlights    (billions of yen, except EPS and ROE)                     FY2019/20                 3Q Net revenue                 335.0 Non-interest expenses     265.3 Income before income taxes 69.7 Net income(1)                 57.1 EPS(2)                 Y17.63 ROE(3)                 8.4%    QoQ YoY -13% 29% 4% -21% -46%— -59%— -57%—    FY2019/20 1-3Q    1,050.4    777.4    273.0    251.5    Y75.65    12.6%    YoY     29%     -11%    — — —    1.Net income (loss) attributable to Nomura Holdings shareholders.    2.Diluted net income (loss) attributable to Nomura Holdings shareholders per share.    3.Calculated using annualized net income attributable to Nomura Holdings shareholders for each period.                4

Business segment results    Net revenue and income (loss) before income taxes    (billions of yen)                     FY2019/20                 FY2019/20                 QoQ YoY                 YoY                 3Q                 1-3Q                Net revenue                 Retail                 90.0     17% 4% 247.6     -7%                 Asset Management                 25.4     -1% 57% 85.6     28%                 Wholesale                 186.5     19% 45% 502.7     22%                 Subtotal                 302.0     16% 31% 835.9     12%                 Other*                 35.7     -71% -9% 219.3     177%                 Unrealized gain (loss) on investments in equity -2.7    — — -4.8    —                 securities held for operating purposes                Income (loss) before income taxes    Net revenue                 335.0 -13% 29% 1,050.4 29% Retail                 17.6 3.4x 26% 31.0     -33% Asset Management                 9.3 -7% 16.6x 37.5     90% Wholesale                 43.2 128%—     82.1    — Subtotal                 70.2 105%—     150.7 — Other*                 2.2 -98% -85% 127.1 — Unrealized gain (loss) on investments in equity -2.7 — —     -4.8    — securities held for operating purposes                Income (loss) before income taxes 69.7 -46% - 273.0—    *Additional information on ôOtherö (3Q)    Gain related to economic hedging (Y2.3bn)    Gain on changes to own and counterparty credit spread relating to Derivatives (Y0.7bn)                5                

Retail    Net revenue and income before income taxes    (billions of yen)                                     FY2018/19 FY2019/20                 QoQ YoY                 3Q 4Q 1Q 2Q 3Q                Net revenue                 86.8 74.2 80.6 76.9 90.0 17% 4% Non-interest expenses     72.7 70.9 72.5 71.6 72.4 1% -0.5% Income before income taxes 14.0 3.3 8.1 5.3 17.6 3.4x 26%    Total sales3    Key points    Net revenue: Y90bn (+17% QoQ; +4% YoY)    Income before income taxes: Y17.6bn (3.4x QoQ; +26% YoY)    Both net revenue and income before income taxes increased QoQ     Investor sentiment improved on the back of favorable market conditions; all products reported stronger sales, notably investment trusts and stocks     One-off costs related to branch office integration declined, while bonus provisions increased in line with pay for performance                 Client franchise                 Dec / 3Q Sep / 2Q     Retail client assets                 Y122.3trn Y114.8trn     Accounts with balance                 5.33m     5.33m     NISA accounts opened (accumulated)(1) 1.73m     1.72m     Net inflows of cash and securities(2) Y256.4bn -Y5.6bn    (billions of yen) Stocks Bonds Investment trusts Discretionary investments, Insurance products    3,000    2,000    1,000                 0                 FY2018/19                 FY2019/20                 3Q                 4Q 1Q 2Q                 3Q 1. Includes Junior NISA. 2. Cash and securities inflows minus outflows, excluding regional financial institutions. 3. Retail channels only. 4. Retail channels, Net & Call, Hotto Direct.    Total sales3 increased 27% QoQ    Stocks: +23% QoQ    ûSecondary sales of Japan stocks increased, while foreign stocks remained flat    ûSubscriptions for primary stocks declined(4)(Y50.3bn; -17% QoQ)    Investment trusts: +47% QoQ    ûInflows into global stock funds focused on corporate growth and income gain    Bonds: Y630bn; +21% QoQ    ûIncrease in sales of JGBs for individuals and foreign bonds, particularly primary issuances                 Discretionary investments and insurance sales increased 12% QoQ 6

Retail: Delivering services tailored to client needs    Recurring revenue    (billions of yen)      Recurring revenue (annualized, adjusted basis)                 Recurring revenue cost coverage ratio (rhs)                100.0 31%                 31% 31%                 31%                 31% 80.0                60.0                 89.9                 88.0 90.4                 88.8                 89.1 40.0                20.0                 FY2018/19                 FY2019/20                 3Q                 4Q 1Q                 2Q                 3Q Investment trust and discretionary investment AuM                (trillions of yen)                Stock investment trusts + Foreign investment trusts Discretionary investment 15.0                 12.9 12.9                 12.7                 13.1                 12.1                 2.8 2.8                 2.8                 2.8 10.0 2.7                5.0 9.3                 10.1 10.1                 10.0                 10.3 0.0                 FY2018/19                 FY2019/20                 Dec                 Mar Jun                 Sep                 Dec    1.Retail channels and Japan Wealth Management Group.    2.Retail channels only.    3.Separately managed account, a discretionary investment service.                30%    20%    10%    0%    Annualized recurring revenue remained roughly unchanged QoQ as fee- based client assets grew due to market factors offsetting a net decline of investment trusts and discretionary investments    ûInvestment trusts: Although sales increased, redemptions also increased as investors locked in profits and due to year-end factors    ûDiscretionary investments: Fund wrap products reported net redemptions, but SMA(3)AuM continued to grow                 Dec / 3Q Sep / 2Q     Recurring revenue                 Y22.5bn Y22.4bn     û Investment trusts net inflows(1)                 -Y110.5bn -Y32.5bn     û Discretionary investments net inflows(1) -Y61.8bn -Y58.7bn     Sales of insurance products(2)                 Y64.8bn Y55.6bn     Inflows of cash and securities(2)                 Y935.5bn Y820.1bn SMA(3)AuM and number of contracts                (billions of yen)                 (number of contracts)                 SMA AuM                 number of SMA contracts (rhs)    1,000.0                 9,085     10,000                 8,109                 800.0                 7,061                 8,000                 5,913 6,232                 600.0                 6,000                 889.8                 400.0 638.5 688.9                 739.7 794.4                 4,000     200.0                 2,000     0.0                 0                 FY2018/19                 FY2019/20                 Dec     Mar                 Jun     Sep                 Dec                 7

Asset Management    Net revenue and income before income taxes1    (billions of yen)                                     FY2018/19 FY2019/20                 QoQ YoY                 3Q 4Q 1Q 2Q 3Q                Revenue                (excl. ACI-related gain/loss) 24.5 26.0 25.8 25.0 26.0 4% 6% ACI-related gain/loss                 -8.3 4.9 8.7 0.7 -0.6— — Net revenue                 16.2 30.9 34.5 25.7 25.4 -1% 57% Non-interest expenses                 15.6 16.5 16.4 15.6 16.1 3% 3% Income before income taxes     0.6 14.4 18.1 10.0 9.3 -7% 16.6x    Assets under management (net)2    (trillions of yen)                 Investment trust business Investment advisory business                 55.6 48.3                 51.4                 51.6 52.4                 16.8 15.1                 15.8                 15.6 15.8                33.3                 35.5                 36.0 36.6                 38.8 FY2018/19                 FY2019/20                Dec                 Mar                 Jun Sep                 Dec    Key points    Net revenue: Y25.4bn (-1% QoQ; +57% YoY)    Income before income taxes: Y9.3bn (-7% QoQ; 16.6x YoY)     Fourteenth straight quarter of inflows combined with market factors to lift AuM above Y55trn for first time ever     AuM growth lifted asset management fees QoQ                Investment trust business    Continued inflows into ETFs drove AuM to record high (Dec: Y19.3trn; Market share(3): 45%)    Funds for defined contribution pension plans reported further inflows    Emerging market and Japan stock funds reported outflows as investors locked in profits                Investment advisory and international businesses    In Japan, we won a new mandate to manage foreign stocks and an increase in passive management of foreign bonds from public pension funds, and we also won new mandates from private pension funds for foreign stocks    Internationally, we won new mandates for global high yield, but also booked outflows from US high yield and Japan stock funds                1.This table presents a reconciliation of net revenues (other than ACI-related gain/loss) and ACI-related gain/loss, which are non-GAAP measures prepared on a management accounting basis, to net revenue for the                Asset Management segment. ACI-related gain/loss includes fair value adjustments of our investment in, funding cost equivalent for our investment in and dividends from ACI.    2. Net after deducting duplications from assets under management (gross) of Nomura Asset Management, Nomura Corporate Research and Asset Management, and Wealth Square     8 3. Source: The Investment Trusts Association, Japan.                

Asset Management: Expanding bank distribution channel    Flow of funds1    (billions of yen)                    1,500                 Investment trust business Investment advisory business    1,000                 612                 494 500                 1,141                 109                 381                 787                 672 121                 198                 503                 508                 259                 296 0                 -164                 -354                 -500                 FY2018/19                 FY2019/20                 3Q                 4Q                 1Q 2Q                 3Q Flow of funds in investment trust business(1)                (billions of yen) Investment trust business MRFs, etc.                 (excl. ETFs)                 Other investment trusts     ETFs 2,000                 (excl. ETFs)                1,500                 1,391                1,000                 483                 642                500                 246                 115                 20                 31                 13                 182    0                 -250                 -500                 -1,000                 FY2018/19                 FY2019/20                 3Q                 4Q                 1Q 2Q                 3Q    1.Based on assets under management (net).    2.Source: The Investment Trusts Association, Japan.                Nomura Asset Management public investment trust market share2    28.0%                 27.8%                 27.9%                 27.7%                 27.7%                 27.6%                27.0%    26.0%                 FY2018/19     FY2019/20                 Dec Mar Jun Sep                 Dec    Expansion of bank distribution channel                 Bank channel AuM     Focus on developing bank                 (Indexed, Dec. 2016 = 100)     channel as we expand investment                 trust distribution channels to drive Inflows drive     business growth                 AuM up 28%     Recent growth in distributors of                 128                 115                 absolute return funds and higher                 107                 100                 sales of balanced funds have                lifted bank channel AuM    Continue to focus on expanding investment trust distribution network                Dec-16 Dec-17 Dec-18 Dec-19 9                

Wholesale    Net revenue and income (loss) before income taxes)1 Key points    (billions of yen)                                     FY2018/19     FY2019/20                 QoQ YoY                 3Q     4Q     1Q     2Q     3Q                Global Markets                 103.5 113.6 135.7 132.8 160.1 21% 55% Investment Banking                 24.7 28.6 23.7 23.9 26.4 11% 7% Net revenue                 128.2 142.2 159.5 156.7 186.5 19% 45% Non-interest expenses                 224.1 155.3 139.5 137.8 143.3 4% -36% Income (loss) before income                taxes                 -95.9 -13.0 20.0 18.9 43.2 128%—    Net revenue by region    (billions of yen)    200.0    150.0                 73.6                 59.3 51.0                 Americas                 42.3                 41.3                100.0                 28.2     36.9 EMEA                 31.6 29.4                 27.3                 26.3     22.4    50.0 10.6 25.0 24.0                 AEJ                 49.0 43.3 46.8 51.1     53.7 Japan 0.0                 FY2018/19                 FY2019/20                 3Q 4Q 1Q 2Q                 3Q                Net revenue: Y186.5bn (+19% QoQ; +45% YoY)    Income before income taxes: Y43.2bn (+128% QoQ)    All business lines reported higher revenues QoQ     Fixed Income had best quarter in three years driven by strong performance in Americas and EMEA     Equities net revenue grew QoQ, mainly in Americas     In Investment Banking, Leveraged Finance performance improved    Stringent cost control led to significant increase in income before income taxes                Net revenue by region (QoQ; YoY)    Americas: Y73.6bn (+44%; +78%)     Global Markets had a robust quarter driven by Rates and Equity Derivatives; Investment Banking revenues also improved    Japan: Y53.7bn (+5%; +10%)     Fixed Income revenues driven higher by Rates and Credit; Equities also had    asolid quarter     Investment Banking revenues declined as fee pool contracted    EMEA: Y36.9bn (+31%; +35%)     Fixed Income revenue growth driven by Rates    AEJ: Y22.4bn (-15%; +111%)     In Fixed Income, FX/EM normalized from a strong prior quarter while Credit performance remained robust                1. This table shows net revenue for Wholesale using adjusted figures for Global Markets and Investment Banking based on management accounting not applicable to US GAAP. 10                

Wholesale: Global Markets    Net revenue FY2019/20 3Q net revenue by region    (billions of yen)                    Equities                 YoY                 QoQ                Fixed Income                 160.1                 Global Markets                 135.7 132.8                 QoQ     Global                 Markets                 Fixed                 103.5                 113.6                 60.3                 +21%                 Income                 Equities                 53.3 55.6                 YoY                 45.6                 +55% Americas                 65.9                 99.7                 68.0 82.5 77.2                 EMEA                 37.5                 FY2018/19                 FY2019/20                 AEJ                 3Q                 4Q     1Q     2Q                 3Q                Key points                 Japan                Net revenue: Y160.1bn (+21% QoQ; +55% YoY)                 0% (~)û + 5% û +5% (~)û +15%                 û +15%~    Fixed Income had best quarter in three years and Equities reported                 Americas: Fixed Income revenues increased significantly QoQ and YoY stronger revenues QoQ                 driven by robust performance in Agency Mortgages and other Rates                 businesses as well as Securitized Products; Equities revenues were driven by Fixed Income                 Derivatives                Net revenue: Y99.7bn (+29% QoQ; +166% YoY)                 Captured market opportunities to deliver strong growth in Rates products EMEA: Fixed Income had a strong quarter overall, driven by Rates and with     including Agency Mortgages                 solid performance from Credit and contributions from the structured business     Spread Products had a solid quarter as credit spreads tightened on the                back of improved investor sentiment                AEJ: In Fixed Income, FX/EM revenues normalized compared to a very strong                 prior quarter, while Credit performance was robust Equities                Net revenue: Y60.3bn (+9% QoQ; -8% YoY)                Japan: In Fixed Income, Rates picked up and Credit had a solid quarter;    Revenues grew QoQ as Americas business, particularly Derivatives,     Equities revenues increased on an uptick in client activity such as block offset a moderate slowdown in Cash Equities; Japan also performed well trades and portfolio rebalancing                 11                

Wholesale: Investment Banking    Cross-border deals    Net revenue Mandated on multiple high-profile and cross-border deals    (billions of yen)                     LupinÆs (India) sale of Kyowa                 28.6                 Pharmaceutical Industry to Unison 24.7                 23.9 26.4 QoQ     Capital                 23.7                 +11%     (JPY57.4bn)                 YoY M&A                 +7%     QMS MediaÆs (Australia) sale to                 Quadrant Private Equity                 (Australia)                 (AUD574m)     FY2018/19                 FY2019/20                 Add-on financing for Applied     3Q                 4Q                 1Q 2Q                 3Q                 SystemsÆ (US) acquisition of Indio                 Technologies (US) Key points                 ($210m)    Net revenue: Y26.4bn (+11% QoQ; +7% YoY)                 Revenues increased both QoQ and YoY as international business offset a                 Osaka Gas     decline in Japan revenues due to fee pool contraction                 Subordinated Bond Offering                 Financing (JPY100bn) Japan                 (ECM/                 Weaker ECM revenues due to lack of major transactions                 DCM/ ALF)     DCM performance slowed compared to strong previous quarter, but we                 Toyota Motor Credit Corporation     continued to win mandates by accurately tapping into issuer demand amid                 Uridashi Bond Offering     low rate environment                 (AUD392m / USD426m)     Ranked #1 on Japan ECM and Japan-related M&A league tables(1)                 ROHM International                 Euro-Yen CB     Stronger revenues QoQ driven by Americas and EMEA ALF and Solutions                 (JPY42.0bn)     businesses                1.Source: Refinitiv, Apr. û Dec. 2019                Honda MotorÆs (i)acquisition of stakes in Showa, Keihin and Nissin Kogyo and (ii)their subsequent merger with Hitachi Automotive Systems ((i)Total: JPY180.9bn / (ii)Undisclosed)    STADA ArzneimittelÆs (Germany) acquisition of portfolio in Russia-CIS from Takeda Pharmaceutical & Acquisition Financing (M&A: $660m / ALF: Ç860m)    LBO financing for CVCÆs (UK) acquisition of Ontic Engineering & Manufacturing (US) ($725m)    PT Uni-Charm Indonesia IPO ($89m)    Banque Federative du Credit Mutuel (France) Samurai Bond (JPY130bn)    Finance for Groupe Bruxelles LambertÆs (Belgium) acquisition of Webhelp (France) (EUR1.4bn)    12

Non-interest expenses    Full year    (billions of yen)    1,500    Other     1,168.8 1,154.5    Business development 1,000 expenses    Occupancy and related                depreciation                Information processing                and communications 500                Commissions and floor                brokerageâ•£                Compensation and                benefits                 0                 FY2017/18 FY2018/19 Compensation and benefits                 530.6 497.1 Commissions and floor brokerageâ•£                 99.9     82.6 Information processing and communications 184.8 166.9 Occupancy and related depreciation                 67.9     64.9 Business development expenses                 36.8     36.9 Other                 248.9 306.0 Total                 1,168.8 1,154.5    Quarter                 (billions of yen)                 400 336.8                 276.9                 300                 257.2 254.9     265.3                 200                 100                 0 FY2018/19                 FY2019/20                 QoQ 3Q     4Q     1Q     2Q                 3Q                118.9 124.6 125.1 120.4     129.0 7.1% 23.8 18.3 24.6 25.4     24.6 -3.5% 41.8 43.6 41.8 42.4     42.8 1.1% 15.9 16.2 19.1 18.4     16.3 -11.4% 9.1 9.6 7.8 7.9                 8.5 7.6% 127.3 64.5 38.8 40.4     44.1 9.2% 336.8 276.9 257.2 254.9     265.3 4.1%    Key points    Non-interest expenses: Y265.3bn (+4% QoQ)    ûCompensation and benefits (+7% QoQ)     Higher bonus provisions in line with pay for performance    ûOccupancy and related depreciation (-11% QoQ)     Lower one-off costs related to domestic branch office integration (2Q Y1.7bn)    ûOther (+9% QoQ)     Booked charge on decommissioning of IT systems in international network                1. On April 1, 2018, Nomura adopted Accounting Standards Update 2014-09 ôRevenue from Contracts with Customersö and revenues and expenses related to certain Execution Services transactions are now shown as net value 13 rather than gross value                

Robust financial position    Balance sheet related indicators and capital ratios RWA and CET 1 capital ratio3                         (trillions of yen)                 Mar 2019 Sep 2019 Dec 2019                 RWA (Basel 3) (lhs) CET1 capital ratio (Basel 3) (rhs)                 Total assets                 Y41.0trn Y45.7trn Y46.2trn 20.0                 17.9%                 17.1% 16.9%                 17.3%     18.0%                 20.0%     ShareholdersÆ equity                 Y2.6trn Y2.7trn Y2.7trn 15.0                 15.0%     Gross leverage                 15.6x     16.9x     17.1x                 10.0                 10.0%     Net leverage(1)                 9.0x     10.1x     9.9x                 Level 3 assets(2)                 5.0                 5.0%     (net)                 Y0.6trn Y0.6trn Y0.7trn                 0.0                 0.0%     Liquidity portfolio                 Y4.9trn Y4.5trn Y5.3trn                 FY2018/19                 FY2019/20                 Dec                 Mar Jun                 Sep                 Dec                (billions of yen)                 Mar     Sep     Dec                Basel 3 basis                 2019     2019     2019(2) Level 3 assets(2)and Net Level 3 assets/Tier 1 capital                 Tier 1 capital                 2,606     2,691     2,697     (billions of yen)                 Tier 2 capital                 46                 46                 46                 Level 3 Assets Net Level 3 Assets Net Level 3 Assets / Tier 1 Capital (rhs)    Total capital                 2,652     2,737     2,743     1,000                 26%                 30% RWA                 14,252 14,577 14,040 800                 22%                 22% 24%                 24%                Tier 1 capital ratio                 18.2%     18.4%     19.2%                 20%                 600                CET 1 capital ratio(3)                 17.1%     17.3%     18.0%                Consolidated capital                 400                adequacy ratio                 18.6%     18.7%     19.5%                 10%                 200                Consolidated leverage ratio(4) 5.03%     4.90%     4.78%                 0                 0% HQLA(5)                 Y4.3trn Y4.0trn Y4.1trn                 FY2018/19                 FY2019/20                LCR(5)                 198.4% 194.4% 192.3%                 Dec                 Mar Jun                 Sep                 Dec                1. Net leverage: Total assets minus securities purchased under agreements to resell and securities borrowed, divided by Nomura Holdings shareholdersÆ equity.    2. December 2019 is preliminary. 3. CET 1 capital ratio is defined as Tier 1 capital minus Additional Tier 1 capital divided by risk-weighted assets.                 14 4. Tier1 capital divided by exposure (sum of on-balance sheet exposures and off-balance sheet items). 5. Daily average for each quarter.                

Funding and liquidity    Balance sheet structure    Balance sheet    (As of December 2019)        Highly liquid, healthy balance sheet structure    û78% of assets are highly liquid trading and related assets that are marked-to-market and matched to trading and related liabilities through repos etc. (regionally and by currency)    ûOther assets are funded by equity and long-term debt, ensuring structural stability                Liquidity portfolio2    Liquidity portfolio:    ûY5.3trn, or 11% of total assets    ûMaintain a high quality liquidity portfolio surplus without the need for additional unsecured funding over a certain period                Assets Liabilities and equity Unsecured funding2                Slightly more than 70% of unsecured funding is long-term debt    Diversified sources of funding                 Short-term debt                 Trading liabilities 18%                 and related(1)                Trading assets                 Long-term debt due and related(1)                 within 1yr, 9%                 International                 Bank                 27%                 Loans                 lending                 market                 Long-term                 Other liabilities     debt, 73%                 Euro MTN/Yen,                 Short-term borrowings Average     retail bonds, etc.Retail                 maturity     Japan                 market Cash and cash deposits Long-term                 6.4 years(3) 73%                 borrowings                 Euro                Other assets                 MTN/Other,     Wholesale                 Total equity                 wholesale     market                 bonds, etc.                 Breakdown of Long-term     Funding of                 short-term/long- debt by     long-term                 term debt     region                 debt                1.Trading assets and related: Reverse repo, securities, derivatives, etc. Trading liabilities and related: Repo, securities loaned, derivatives, etc.                2. Definition differs from financial disclosures reflecting Liquidity ManagementÆs view. Cash and cash deposits portion of liquidity portfolio excludes funds on deposit at exchanges and segregated client funds. 15 3. Excludes long-term debt due within one year. Redemption schedule is individually estimated by considering the probability of redemption under certain stressed scenarios.                

Financial Supplement

Consolidated balance sheet    Consolidated balance sheet    (billions of yen)    Assets Total cash and cash deposits Total loans and receivables Total collateralized agreements Total trading assets and private equity investments(1) Total other assets(1)    Total assets    Mar 31,     Dec 31, Increase                 Mar 31, Dec 31, Increase 2019     2019     (Decrease)                 2019     2019     (Decrease)                 Liabilities                3,262 3,736 474                 Short-term borrowings                 842     1,068 226                 Total payables and deposits     3,768 3,704 -64 3,882 3,857 -25                 Total collateralized financing 16,684 20,971 4,286                 Trading liabilities                 8,220 8,626 406 17,307 19,555 2,248     Other liabilities                 859     1,173 314                 Long-term borrowings                 7,916 7,911 -5 14,386 16,712 2,326     Total liabilities                 38,289 43,453 5,164 2,133 2,383 250                 Equity                 Total NHI shareholders’ equity 2,631 2,701 70                 Noncontrolling interest                 50     88     39 40,969 46,242 5,273     Total liabilities and equity 40,969 46,242 5,273    1. Including securities pledged as collateral. 17                

Value at risk                Definition                         From April 1, 2019, to December 31, 2019 (billions of yen)     99% confidence level                 Maximum: 6.9     1-day time horizon for outstanding portfolio Minimum: 3.6     Inter-product price fluctuations considered     Average: 5.4    (billions of yen)                 FY2017/18 FY2018/19                 Mar                 Mar Equity                 1.2                 1.1 Interest rate                 3.1                 2.8 Foreign exchange                 3.2                 1.9 Sub-total                 7.5                 5.8 Diversification benefit -1.1     -1.3 VaR                 6.4                 4.5    FY2018/19                 FY2019/20    Dec Mar Jun     Sep                 Dec 1.1 1.1     1.2 1.8                 1.4 3.5 2.8     3.1 4.0                 4.8 1.7 1.9     3.2 3.2                 2.5 6.3 5.8     7.5 8.9                 8.7 -1.4 -1.3     -1.5 -4.3     -2.3 4.9 4.5     6.0 4.6                 6.3    18

Consolidated financial highlights    Full year Quarter    Net income (loss) attributable to Nomura Holdings, Inc. (“NHI”) shareholders    ROE(%)    (billions of yen) 300    7.9% 200    219.3 100    0     -100 -100.4     -200    FY2017/18 FY2018/19    (billions of yen)    12%     150                 14.6%                 16%                 12.6%    8% 100                 12%                 8.4% 138.6                 8% 4% 50                 55.8                 57.1 4%                 0.8                0% 0                 0%     -50                 -100 -95.3                 FY2018/19                 FY2019/20                 3Q     4Q 1Q 2Q                 3Q                Net revenue                 1,497.0 1,116.8 Income (loss) before income taxes                 328.2 -37.7 Net income (loss) attributable to Nomura                 219.3 -100.4 Holdings, Inc. (“NHI”) shareholders                Total NHI shareholders’ equity                 2,749.3 2,631.1 ROE (%)(1)                 7.9%    — Basic-Net income (loss) attributable to NHI     63.13 -29.90 shareholders per share (yen)                Diluted-Net income (loss) attributable to NHI 61.88 -29.92 shareholders per share (yen)                Total NHI shareholders’ equity per share (yen) 810.31 794.69    1. Quarterly ROE is calculated using annualized year-to-date net income.    260.6 301.3 332.0 383.4 335.0 -76.2 24.4     74.8     128.5 69.7 -95.3 0.8     55.8     138.6 57.1 2,662.9 2,631.1 2,662.7 2,707.9 2,701.2 —    —     8.4%     14.6% 12.6% -28.52 0.25     16.83 42.11 18.07 -28.52 0.23     16.48 41.23 17.63 805.07 794.69 800.87 837.87 873.68    19                

Consolidated income    (billions of yen)    Revenue Commissions(1) Fees from investment banking Asset management and portfolio service fees Net gain on trading Gain (loss) on private equity investments Interest and dividends Gain (loss) on investments in equity securities Other Total revenue Interest expense Net revenue Non-interest expenses(1) Income (loss) before income taxes Net income (loss) attributable to NHI shareholders    Full year                     Quarter                 FY2018/19                 FY2019/20    FY2017/18 FY2018/19                 3Q     4Q     1Q     2Q                 3Q 373.3     293.1     72.7     66.1 68.2 65.3     79.3 101.7     101.5     33.1     25.3 27.3 22.3     26.8 245.6     245.5     60.6     59.2 60.0 59.9     61.0 442.9     343.0     96.9     98.4 112.8 105.6     109.3 -0.9     1.0     0.5     -0.3 0.8 1.0                 1.5 585.7     777.0     214.5 204.1 199.5 215.9     203.1 2.7                 -7.0     -9.9     1.9 -2.8 2.1                 2.2 221.2     81.1     -11.1 43.7 45.7 101.9     14.3 1,972.2 1,835.1 457.4 498.4 511.4 573.9     497.5 475.2     718.3     196.8 197.1 179.4 190.5     162.5 1,497.0 1,116.8 260.6 301.3 332.0 383.4     335.0 1,168.8 1,154.5 336.8 276.9 257.2 254.9     265.3 328.2     -37.7     -76.2 24.4 74.8 128.5     69.7 219.3     -100.4 -95.3 0.8 55.8 138.6     57.1    1. On April 1, 2018, Nomura adopted Accounting Standards Update 2014-09 ôRevenue from Contracts with Customersö and revenues and expenses related to certain Execution Services transactions are now shown 20 as net value rather than gross value.                

Main revenue items    Full year Quarter    Commissions    Fees from investment banking    Asset management and portfolio service fees    (billions of yen)                      FY2017/18 FY2018/19 Stock brokerage commissions (1)                 243.8     192.0 Other brokerage commissions                 17.0     14.4 Commissions for distribution of investment trusts 85.7     56.6 Other                 26.9     30.0 Total                 373.3     293.1 Equity underwriting and distribution                 23.2     30.0 Bond underwriting and distribution                 16.3     22.7 M&A / Financial advisory fees                 39.3     33.2 Other                 22.9     15.5 Total                 101.7     101.5 Asset management fees                 170.4     168.7 Administration fees                 57.9     61.0 Custodial fees                 17.3     15.8 Total                 245.6     245.5    FY2018/19                 FY2019/20    3Q 4Q 1Q 2Q                 3Q 50.5 43.9 42.6 42.5     48.1 4.3 2.5 2.7 2.8                 3.0 11.5 11.7 16.4 12.6     19.0 6.4 8.0 6.4 7.4                 9.2 72.7 66.1 68.2 65.3     79.3 14.7 3.6 3.1 4.9                 4.1 6.6 5.3 6.8 6.6                 6.1 7.3 13.0 10.6 7.1                 11.9 4.5 3.4 6.9 3.8                 4.8 33.1 25.3 27.3 22.3     26.8 41.5 40.2 40.3 40.0     40.7 15.2 15.2 15.7 16.0     16.3 3.9 3.9 4.0 4.0                 4.1 60.6 59.2 60.0 59.9     61.0    1. On April 1, 2018, Nomura adopted Accounting Standards Update 2014-09 ôRevenue from Contracts with Customersö and revenues and expenses related to certain Execution Services transactions are now shown 21 as net value rather than gross value.                

Consolidated results: Income (loss) before income taxes by segment and region    Adjustment of consolidated results and segment results: Income (loss) before income taxes    Full year Quarter    (billions of yen)                                     FY2017/18 FY2018/19 Retail                 103.1     49.5 Asset Management(1)                 66.2     34.2 Wholesale                 100.6     -111.4 Three business segments total                 269.9     -27.7 Other(1)                 56.4     -2.8 Segments total                 326.3     -30.5 Unrealized gain (loss) on investments in equity                securities held for operating purposes                 1.9                 -7.2 Income (loss) before income taxes                 328.2     -37.7    FY2018/19                 FY2019/20    3Q     4Q     1Q 2Q                 3Q 14.0 3.3 8.1 5.3                 17.6 0.6 14.4 18.1 10.0     9.3 -95.9 -13.0 20.0 18.9     43.2 -81.3 4.7 46.3 34.2     70.2 15.1 17.8 31.5 93.4     2.2 -66.2 22.5 77.7 127.7     72.4 -10.0 1.8 -2.9 0.8                 -2.7 -76.2 24.4 74.8 128.5     69.7    Geographic information: Income (loss) before income taxes(2)                 Full year                 Quarter                (billions of yen)                 FY2017/18 FY2018/19                 FY2018/19                 FY2019/20                 3Q     4Q     1Q 2Q                 3Q Americas                 -8.8                 -114.1 -87.1 -3.7 14.3 1.1                 16.4 Europe                 -14.7                 -56.9 -14.5 -25.5 4.5 -1.5     2.3 Asia and Oceania                 22.8                 5.0     -3.9     8.7 11.6 10.5     1.0 Subtotal                 -0.7                 -165.9 -105.5 -20.5 30.4 10.2     19.7 Japan                 328.8                 128.2 29.4     44.9 44.4 118.3     50.0 Income (loss) before income taxes 328.2                 -37.7 -76.2 24.4 74.8 128.5     69.7    1. From FY2018/19 1Q, Nomura Funds Research and Technologies has been moved from Asset Management to segment Other.                2. Geographic information is based on U.S. GAAP. (Figures are preliminary for the three months ended December 31, 2019). NomuraÆs revenues and expenses are allocated based on the country of domicile of the 22    legal entity providing the service. This information is not used for business management purposes.

Segment Other    Income (loss) before income taxes    Full year                                     Quarter                (billions of yen)                100.0                 93.4                80.0                60 ..0                 56.4                40 ..0                 31.5                20.0                 15.1     17.8                 2.2 0.0                 -2.8                 -20.0                 -40.0                 1     2                 1                 2     3     4                 5                 FY2018/19                 FY2019/20                 FY2017/18 FY2018/19                 3Q     4Q     1Q 2Q                 3Q Net gain (loss) related to economic                 -6.5 1.8                 25.1     6.6 12.8 7.0                 2.3 hedging transactions                Realized gain (loss) on investments in equity 0.8 0.2                 0.1     0.1 0.1 1.3                 4.9 securities held for operating purposes                Equity in earnings of affiliates                 34.2 32.5                 1.4     15.9 8.3 8.0                 4.8 Corporate items                 -41.9 -36.0                 0.6     -10.4 1.4 -4.6     -9.1 Others                 69.7 -1.3                 -12.2 5.7 8.9 81.8     -0.8 Income (loss) before income taxes                 56.4 -2.8                 15.1     17.8 31.5 93.4     2.2    23

Retail related data (1)                     Full year                 Quarter                (billions of yen)                 FY2018/19                 FY2019/20                 FY2017/18 FY2018/19                 QoQ     YoY                 3Q     4Q     1Q     2Q                 3Q                Commissions                 192.7     142.8     34.1     31.0     34.5     31.2     42.2     35.5% 23.7% Of which, stock brokerage commission                 82.2     60.2     15.8     12.2     12.5     12.6     17.0     35.1% 7.7% Of which, commissions for distribution of investment trusts 87.1     57.9     11.7     12.1     16.5     12.6     19.2     51.7% 64.3% Sales credit                 91.5     55.8     10.9     10.5     14.9     12.7     16.7     31.7% 52.3% Fees from investment banking and other                 26.0     34.0     14.3     6.7     5.6     6.0                 5.5     -9.1% -61.8% Investment trust administration fees and other                 93.6     95.4     23.6     23.4     23.4     23.4     23.2     -0.9% -2.0% Net interest revenue                 9.2                 11.5     3.8     2.6     2.3     3.7                 2.6     -31.2% -32.5% Net revenue                 412.9     339.5     86.8     74.2     80.6     76.9     90.0     17.1% 3.8% Non-interest expenses                 309.8     290.0     72.7     70.9     72.5     71.6     72.4     1.1% -0.5% Income before income taxes                 103.1     49.5     14.0     3.3     8.1     5.3                 17.6     3.4x 25.6% Domestic distribution volume of investment trusts (1)                 3,610.5 2,423.7 527.5 499.8 741.5 566.7     790.9 39.6% 49.9% Stock investment trusts                 3,198.6 2,130.8 451.7 426.4 618.8 493.5     694.8 40.8% 53.8% Foreign investment trusts                 411.9     292.9     75.8     73.4     122.7 73.2     96.1     31.3% 26.8% Other                Accumulated value of annuity insurance policies                 3,094.5 3,260.7 3,225.1 3,260.7 3,308.7 3,356.7 3,415.4 1.7% 5.9% Sales of JGBs for individual investors (transaction base) 628.1     1,022.8 237.6 266.6 296.7 236.4     315.9 33.6% 33.0% Retail foreign currency bond sales                 1,249.9 848.9     193.1 210.1 222.0 195.4     266.5 36.3% 38.0%    24 1. Excluding former Net & Call. Former Net & Call included from FY2017/18 4Q.

Retail related data (2)    Retail client assets    (trillions of yen)    Other                     140                 120 117.7     114.7 Foreign investment                trusts                 100                Bond investment                trusts                 80                Stock investment                trusts                 60                Domestic bonds                 40                Foreign currency                bonds                 20                Equities                 0                 FY2017/18 FY2018/19                 Mar                 Mar Equities                 75.7     71.9 Foreign currency bonds     6.1                 6.3 Domestic bonds(1)                 11.9     12.5 Stock investment trusts 9.1                 9.0 Bond investment trusts     7.1                 6.8 Foreign investment trusts 1.2                 1.1 Other(2)                 6.7                 7.1 Total                 117.7     114.7    122.3                 114.7 113.1 114.8 110.0                FY2018/19                 FY2019/20    Dec Mar Jun Sep                 Dec 68.4 71.9 70.3 71.9     78.3 6.2 6.3 6.4 6.3                 6.3 12.3 12.5 12.4 12.5     12.6 8.3 9.0 9.0 8.9                 9.2 6.8 6.8 6.9 7.1                 7.5 1.1 1.1 1.1 1.1                 1.1 6.9 7.1 7.0 7.1                 7.2 110.0 114.7 113.1 114.8     122.3                 25 1. Including CBs and warrants. 2. Including annuity insurance.                

Retail related data (3)    Net inflows of cash and securities1    Full year    (billions of yen)    Quarter    (billions of yen)    2,500    2,015 2,000    1,500    2,500    2,000    1,500    1,762    1,000    500    0      -500 -403    FY2017/18 FY2018/19    1,000                    500                  256 0                 -6                 -121                 -500     -393                 FY2018/19     FY2019/20                 3Q 4Q                 1Q 2Q                 3Q    1. Cash and securities inflows minus outflows, excluding regional financial institutions. 26                

Retail related data (4)    Number of accounts    (thousands)                                      FY2017/18 FY2018/19                 Mar                 Mar Accounts with balance                 5,318     5,338 Equity holding accounts     2,822     2,908 Online service accounts (1) 4,387     4,569    FY2018/19                 FY2019/20    Dec Mar Jun Sep                 Dec 5,354 5,338 5,335 5,326     5,328 2,905 2,908 2,914 2,913     2,897 4,526 4,569 4,601 4,632     4,662    New Individual accounts / IT share(2)                 Full year                 Quarter                (thousands)                 FY2018/19     FY2019/20                 FY2017/18 FY2018/19                 3Q     4Q 1Q 2Q                 3Q    New individual accounts 231 257 IT share(2)                No. of orders                 67% 78% Transaction value                 43% 53%    73 60 49 48 47 77% 80% 79% 79% 78% 53% 53% 53% 53% 52%    1. Net & Call and Home Trade were merged in January 2018 to form Online Services which started providing new services.     27 2. Ratio of cash stocks traded via former Home trade. From FY2017/18 4Q, ratio of cash stocks traded via Online Services.

Asset Management related data (1)    Full year1 Quarter1    (billions of yen)                     FY2017/18 FY2018/19 Revenue (excl. ACI-related gain/loss) 105.3     102.9 ACI-related gain/loss                 22.1     -5.0 Net revenue                 127.3     97.8 Non-interest expenses                 61.2     63.7 Income before income taxes                 66.2     34.2    FY2018/19                 FY2019/20                 QoQ YoY 3Q 4Q 1Q 2Q                 3Q                24.5 26.0 25.8 25.0     26.0 4.0% 6.3% -8.3 4.9 8.7 0.7                 -0.6—    — 16.2 30.9 34.5 25.7     25.4 -1.1% 57.0% 15.6 16.5 16.4 15.6     16.1 2.9% 3.0% 0.6 14.4 18.1 10.0     9.3 -7.2% 16.6x    Assets under management by company                 FY2017/18 FY2018/19 FY2018/19                 FY2019/20    (trillions of yen)                 Mar                 Mar                 Dec Mar Jun Sep                 Dec Nomura Asset Management                 52.4     53.4     50.2 53.4 53.4 54.1     57.3 Nomura Funds Research and Technologies                 2.8                —                — — — —                — Nomura Corporate Research and Asset Management 2.7                 3.0                 2.6 3.0 3.0 3.0                 3.1 Assets under management (gross)(2)                 57.8     56.4     52.9 56.4 56.4 57.2     60.4    Group company overlap                 7.8                 5.0                 4.5 5.0 4.8 4.7                 4.8 Assets under management (net)(3)                 50.0     51.4     48.3 51.4 51.6 52.4     55.6    1.This table presents a reconciliation of net revenues (other than ACI-related revenue) and ACI-related revenue, which are non-GAAP measures prepared on a management accounting basis, to net revenue for the Asset Management segment. ACI-related revenue includes fair value adjustments of our investment in, funding cost equivalent for our investment in and dividends from ACI. Figures from FY2018/19 1Q onwards do not include Nomura Fund Research and Technologies.    2.Total assets under management for Nomura Asset Management, Nomura Funds Research and Technologies, Nomura Corporate Research and Asset Management, and Wealth Square. Figures from June 2018 do not include                Nomura Fund Research and Technologies.                 28 3. Net after deducting duplications from assets under management (gross).                

Asset Management related data (2)    Asset inflows/outflows by business(1)                     Full year                 Quarter                 FY2018/19                 FY2019/20                (billions of yen)                 FY2017/18 FY2018/19 3Q                 4Q     1Q     2Q                 3Q    Investment trusts business 3,131     2,187                 1,141                 503     672 259                 296                of which ETFs                 3,022 2,531 Investment advisory business 203 20 Total net asset inflow                 3,334 2,207    1,391 483 642 246 115 -354 109 -164 121 198 787 612 508 381 494    Domestic public investment trust market and Nomura Asset Management market share2    (trillions of yen)                 FY2017/18 FY2018/19     FY2018/19                 FY2019/20                 Mar                 Mar                 Dec                 Mar Jun Sep                 Dec    Domestic public stock investment trusts                Market                 96.9     101.5                 93.6     101.5 101.9 104.3     109.9    Nomura Asset Management share (%)                 25%                 26%                 26%                 26% 26% 26%                 26%    Domestic public bond investment trusts                Market                 12.3     11.6                 11.6     11.6 11.7 11.9     13.3    Nomura Asset Management share (%)                 44%                 45%                 45%                 45% 44% 44%                 44%    ETF                Market                 32.5     37.4                 33.6     37.4 38.2 39.9     43.3    Nomura Asset Management share (%)                 46%                 45%                 45%                 45% 45% 45%                 45%    1. Based on assets under management (net).                 29 2. Source: Investment Trusts Association, Japan.                

Wholesale related data                     Full year                 Quarter                (billions of yen)                 FY2018/19                 FY2019/20                 FY2017/18 FY2018/19                 QoQ     YoY                 3Q     4Q     1Q     2Q                 3Q                Net revenue                 715.3     555.4     128.2 142.2 159.5 156.7     186.5 19.0% 45.5% Non-interest expenses                 614.7     666.8     224.1 155.3 139.5 137.8     143.3 4.0% -36.0% Income (loss) before income taxes 100.6     -111.4 -95.9 -13.0 20.0 18.9     43.2 128.3%— Breakdown of Wholesale revenues(1,2)                 Full year                 Quarter                (billions of yen)                 FY2018/19                 FY2019/20                 FY2017/18 FY2018/19                 QoQ     YoY                 3Q     4Q     1Q     2Q                 3Q                Fixed Income                 341.6     232.8     37.5     68.0 82.5 77.2     99.7 29.2% 165.6% Equities                 261.6     220.2     65.9     45.6 53.3 55.6     60.3 8.5% -8.5% Global Markets                 603.2     453.0     103.5 113.6 135.7 132.8     160.1 20.5% 54.7% Investment Banking                 112.1     102.3     24.7     28.6 23.7 23.9     26.4 10.7% 6.9% Net revenue                 715.3     555.4     128.2 142.2 159.5 156.7     186.5 19.0% 45.5%    1.FY2017/18 figures for Fixed Income, Equities and Investment Banking have been restated based on a reorganization in April 2018.                2. This table presents a reconciliation of the Global Markets and Investment Banking financial data, which are non-GAAP measures prepared on a management accounting basis, to net revenue for the Wholesale 30 segment.                

Number of employees                     FY2017/18 FY2018/19 FY2018/19                 FY2019/20                 Mar                 Mar                 Dec                 Mar     Jun     Sep                 Dec Japan 15,819     15,852     16,138     15,852 16,423 16,119     15,952    Europe                 3,057 2,909 Americas                 2,362 2,357 Asia and Oceania(1) 6,810 6,746 Total                 28,048 27,864    2,963 2,909 2,775 2,734 2,658 2,384 2,357 2,230 2,167 2,116 6,796 6,746 6,684 6,610 6,449 28,281 27,864 28,112 27,630 27,175    31 1. Includes Powai office in India.

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