Nomura Holdings, Inc. · TSE:8604

Nomura — FY2005.3 Earnings Presentation

19 slides from Nomura's earnings presentation, May 2, 2005

  1. Slide 1: Client assets trend (billions of yen)

    ‘itions of yen) 90 80 70 60 50 40 30 20 to © Trveessa] rvees2a | rveassa | rveassa | rvessia | rvossza [| rvosssa | rress4a revs tom nooner bring ze @ er 77 a7 23 mn a7 fm conser sr os [ aa [aa | 58 | 53 | ova | ane (Eel ck taka commie) 7 m2 | se | sa | 08 we | wa [ara Seay 208 Ler a0 mr bes eo ee

  2. Slide 2: Domestic Retail client assets, excluding financial institutions

    * Domestic Retail client assets, excluding financial institutions ** Includes CBs, warrants *** Includes variable annuity insurance

  3. Slide 3: Net asset inflow: Gap between inflow and outflow of assets

    Net asset inflow: Gap between inflow and outflow of assets

  4. Slide 4: Large International Bond Underwritings

    n Large International Bond Underwritings ü Kingdom of Belgium: EUR 5 billion (joint lead) ü Italian Republic: USD 4 billion (joint lead) n Foreign Currency Bond Offerings to Retail Investors ü KfW (exchangeable bond issue): EUR 1.1 billion ü IBRD: AUD 461 million n Asset Finance ü Financial advisor

  5. Slide 5: Net Revenue and Income before Income Taxes

    ** Data through FY04.3 4Q represent Fixed Income and Equity totals.

  6. Slide 6: Net revenue and income before income taxes (billions of yen)

    (Billions of yen) essssggssss fem Netrevenue Income before income taxes 18 eas FY05.3 10 FY05320 FY05.330 FY05.340

  7. Slide 7: Net revenue and income before income taxes (billions of yen)

    Billions of yen) Se Net revenue Income before incmoe taxes 2068 202 20 180 14 194 129 | | FY0434Q —-FYOS310 = FY05.32Q_~—FY0S33Q——FV05.340

  8. Slide 8: Net Revenue and Income before Income Taxes

    Net Revenue and Income before Income Taxes

  9. Slide 9: Net revenue and income before income taxes (billions of yen)

    (Biligns of yen) es Net revenue + Income before income taxes

  10. Slide 10: Net Revenue and Income before Income Taxes

    Net Revenue and Income before Income Taxes

  11. Slide 11: Net revenue (billions of yen)

    (Billions of yen) 8 Sm Net revenue

  12. Slide 12: Public Investment Trusts & Nomura Asset Management Market Share

    Public Investment Trusts & Nomura Asset Management Market Share

  13. Slide 13: Source: The Investment Trusts Association, Japan

    Source: The Investment Trusts Association, Japan

  14. Slide 14: Compensation and Benefits (billions of yen)

    (Billions of yen) 7 Compensation and Benefits erase 78 ae nn he =—+ es vena us x0 293 18 ies a » 258 Variable-type expenses figure for FY04.3 20 includes special Employee Pension Misdaltharawal payment of 2.8 binen yen uae FYO43 1QFYO4S 2QFYOAS SQFYOKS 4QFYOSS 10 FYDS3 20FYOSS SQFYOSS 40

  15. Slide 15: Non-interest expenses breakdown

    (eter tye) 678 1 wis us gar tes we? a0 = “Tota amounts shown atthe top ote 00 ‘gaph coneapond io nonietretoxponce ‘Sounis ropertedin Nema Hodings ‘oneodated income semen cy ra43 1a | F043 20] Fra4330 | Fv0«34a | F¥05310 | FrO5920 | ~FVOS330 | FrOS340 rz} 82 160 ma [a a3 169 ey = development expenses

  16. Slide 16: Commissions, Quarterly and Full Year

    Quarterly Full Year (Bion of yen) zm 2220 20 2102 2a 095 56.0 576 456 463 338 ‘rvo43 | v043 ] v043 | Fv04s | Fv053 | Fv053 | Fv0s. | Fv05.) pwns. sa | 2a | 30 | «a | 1a | 2a | sa | 4a bina i [momer 45 _| ss | 65 | 66 | 51 | e« | so | or ma | ma [S Commissions for distibution ofinvestment| 72 | 62 |

  17. Slide 17: Investment banking fees, Quarterly and Full Year

    Quarterly Full Year (tone of yen) 100 95 923 90 870 3s 80 758 70 6s 60 5s 50 45 40 38 22a 30 25 244 20 199 is 154 Fv04.s | Fv04.s | Fvo4.s | Fvo4.s | Fv0s.3 | Fv0s.3 | Fv05.3 | Fv05.3 1a | 2a | 30 1a | 2a | 3a | 4a F¥O8S | FYO5.S Total 145 | 199 | 244 154 | 323 | 104 | 264 eo | 923 [Bother oz | or |

  18. Slide 18: Asset management fees, Quarterly and Full Year

    Quarterly Full Year (Bios ot yen) 80 705 75 70 66.2 6s ° _ 4s 40 as 20 2s 24 20 17.0 16.8 _ ae 10 5 © Trvoa.s | Fvo4.3 | Fv04.3 | Fv04.3 | Fv05.3 | Fv05.3 FY0S.3 1a 2a 3° 4a. 1a 4a Fr04.3 | FvOS.3 Total 137 | 170 | 168 | 106 | 192 Ba wa | 708 custodial tes 24_| 26 | 25 | 25 | a7 32 FETE) Adminstrati

  19. Slide 19: Quarterly and Full Year

    Quarterly Full Year tore 360 342.6 ao 220 200 ans 210 0 20 iio m0 ‘eo ‘eo 10 T ase ms % 60 428 Sot ° = 2 "20 Teva [Fv0a.3 | FvOa3 | FvOa3 [FYOS3 [FVOS.3 [POS | PYOSS 1a 4Q 1a 2a 3a 4a Lanoiedl bbe scan cnpoeenay 3B Spee} ae pasos pee] per pre Gmraindr anne wadg

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