Borrowings (Tables)

12 Months Ended

Mar. 31, 2022

Borrowings [Abstract]

Short-term and long-term borrowings

The following table presents short-term and long-term borrowings of Nomura as of March 31, 2021 and 2022.

	Millions of yen
	March 31
	2021		2022
Short-term borrowings(1):
Commercial paper	¥	460,014	¥	131,915
Bank borrowings		294,052		205,857
Other		614,032		712,369
Total	¥	1,368,098	¥	1,050,141
Long-term borrowings:
Long-term borrowings from banks and other financial institutions(2)	¥	2,878,676	¥	3,196,144
Bonds and notes issued(3):
Fixed-rate obligations:
Japanese yen denominated		583,148		765,412
Non-Japanese yen denominated		1,917,166		2,486,305
Floating-rate obligations:
Japanese yen denominated		876,844		917,362
Non-Japanese yen denominated		327,595		329,876
Index / Equity-linked obligations:
Japanese yen denominated		906,332		942,585
Non-Japanese yen denominated		361,916		350,672
		4,973,001		5,792,212
Subtotal		7,851,677		8,988,356
Trading balances of secured borrowings		123,335		269,950
Total	¥	7,975,012	¥	9,258,306

(1) Includes secured borrowings of ¥55,569 million as of March 31, 2021 and ¥92,580 million as of March 31, 2022.

(2) Includes secured borrowings of ¥118,106 million as of March 31, 2021 and ¥79,843 million as of March 31, 2022.

(3) Includes secured borrowings of ¥788,618 million as of March 31, 2021 and ¥761,620 million as of March 31, 2022.

Long-term borrowings

Long-term borrowings consisted of the following:

	Millions of yen
	March 31
	2021		2022
Debt issued by the Company	¥	3,003,810	¥	3,679,955
Debt issued by subsidiaries—guaranteed by the Company		2,398,932		2,124,904
Debt issued by subsidiaries—not guaranteed by the Company(1)		2,572,270		3,453,447
Total	¥	7,975,012	¥	9,258,306

(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, 2021 and 2022.

	March 31
	2021			2022
Short-term borrowings		0.58	%		1.26	%
Long-term borrowings		0.82	%		1.09	%
Fixed-rate obligations		0.96	%		1.25	%
Floating-rate obligations		0.88	%		1.04	%
Index / Equity-linked obligations		0.30	%		0.79	%

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, 2022:

Year ending March 31	Millions of yen
2023	¥	456,663
2024		904,738
2025		1,180,692
2026		1,402,216
2027		870,856
2028 and thereafter		4,173,191
Subtotal		8,988,356
Trading balances of secured borrowings		269,950
Total	¥	9,258,306