Borrowings (Tables)

12 Months Ended

Mar. 31, 2023

Borrowings [Abstract]

Short-term and long-term borrowings

The following table presents short-term and long-term borrowings of Nomura as of March 31, 2022 and 2023.

	Millions of yen
	March 31
	2022		2023
Short-term borrowings(1):
Commercial paper	¥	131,915	¥	299,993
Bank borrowings		205,857		176,708
Other		712,369		531,840
Total	¥	1,050,141	¥	1,008,541
Long-term borrowings:
Long-term borrowings from banks and other financial institutions(2)	¥	3,196,144	¥	3,502,383
Bonds and notes issued(3):
Fixed-rate obligations:
Japanese Yen denominated		765,412		872,588
Non-Japanese Yen denominated		2,486,305		3,042,649
Floating-rate obligations:
Japanese Yen denominated		917,362		893,832
Non-Japanese Yen denominated		329,876		409,160
Index / Equity-linked obligations:
Japanese Yen denominated		942,585		918,693
Non-Japanese Yen denominated		350,672		346,292
		5,792,212		6,483,214
Subtotal		8,988,356		9,985,597
Trading balances of secured borrowings		269,950		413,613
Total	¥	9,258,306	¥	10,399,210

(1) Includes secured borrowings of ¥92,580 million and ¥97,481 million as of March 31, 2022 and March 31, 2023 respectively. 

(2) Includes secured borrowings of ¥79,843 million and ¥84,999 million as of March 31, 2022 and March 31, 2023 respectively. 

(3) Includes secured borrowings of ¥761,620 million and ¥742,267 million as of March 31, 2022 and March 31, 2023 respectively. 

Long-term borrowings

Long-term borrowings consisted of the following:

	Millions of yen
	March 31
	2022		2023
Debt issued by the Company	¥	3,679,955	¥	4,154,579
Debt issued by subsidiaries—guaranteed by the Company		2,124,904		2,026,071
Debt issued by subsidiaries—not guaranteed by the Company(1)		3,453,447		4,218,560
Total	¥	9,258,306	¥	10,399,210

(1) Includes trading balances of secured borrowings.

Effective weighted-average interest rates of borrowings

The following table presents the effective weighted-average interest rates of borrowings, including the effect of fair value hedges, as of March 31, 2022 and 2023.

	March 31
	2022			2023
Short-term borrowings		1.26	%		1.23	%
Long-term borrowings		1.09	%		2.09	%
Fixed-rate obligations		1.25	%		2.40	%
Floating-rate obligations		1.04	%		2.08	%
Index / Equity-linked obligations		0.79	%		1.09	%

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, 2023:

Year ending March 31	Millions of yen
2024	¥	619,672
2025		1,875,517
2026		1,730,116
2027		884,123
2028		730,624
2029 and thereafter		4,145,545
Subtotal		9,985,597
Trading balances of secured borrowings		413,613
Total	¥	10,399,210