Nomura Holdings, Inc. · TSE:8604

Nomura — FY2005.3 2Q Earnings Presentation

33 slides from Nomura's earnings presentation, Oct 28, 2004

  1. Slide 1: FY2005.3 2Q Financial Results (US GAAP)

    2005 3 2 (US GAAP) 2004 10 1

  2. Slide 2: „ 2005.3 „ ¾ ¾ ¾ ¾ ¾ „ 2005 2004 2005 2004 10

    „ 2005.3 2 „ ¾ ¾ ¾ ¾ ¾ „ 2005 3 2 2004 10 28 2 2005 3 2 2004 10 28 2

  3. Slide 3: 2005 2004.4 2004.9

    2005 3 2 2004.4 2004.9 3 3

  4. Slide 4: 2005

    2005 3 2 4 4

  5. Slide 5: „ P6 „ P7 ~ „ P9 ~ „ P12 ~ „ P14

    „ P6 „ P7 ~ 8 „ P9 ~ 11 „ P12 ~ 13 „ P14 5

  6. Slide 6: 10

    10 6 6

  7. Slide 7: FY03.3 1Q FY03.3 2Q FY03.3 3Q

    1 26 „ „ 9 9 199 46 ¾ 10.0 28 „ ¾ 9 144.6 04 6 5.2 „ 9 * 92 37 ¾ 50 35 ¾ 26 42 „ 9 9 10 ¾ 9 11 9 3,586 „ 10 * 90 80 70 60 50 40 30 20 10 0 FY03.3 1Q FY03.3 2Q FY03.3 3Q FY03.3 4Q FY04.3 1Q FY04.3 2Q FY04.3 3Q FY04.3 4Q FY05.3 1Q FY05.3 2Q 0.6 0.8 0.7 0.2 1.2 1.2 1.4 1.1 1.6 1.4 20.5 17.8 32.2 25.2 4

  8. Slide 8: Mar. Mar. Mar.

    2 3000 * ** 40 *** 36.2 35.6 35.2 0.4 0.4 35 0.31.5 1.7 31.5 31.6 32.5 1.4 31.3 0.3 4.7 0.6 0.0 0.7 0.028.9 29.3 1.2 0.31.3 5.0 4.4 30 0.2 6.5 0.8 0.0 27.1 1.1 5.2 2.7 2.6 5.6 2.7 9.8 1.0 0.2 25 5.7 2.5 8.1 3.3 5.9 2.4 2.2 20 2.5 2.4 2.0 15.9 16.0 16.9 13.7 15 12.8 11.1 15.7 9.5 13.0 11.1 10 5.7 6.1

  9. Slide 9: 2Q **FY04.3 4Q

    1 2Q 37 „ „ 9 * 9 10 9 9 4 * 30 „ 9 „ 9 120 100 „ 80 9 60 40 9 20 0 -20 FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 100 87.1 ** 90 82.6 80 74.3 72.8 71.8 70 59.4 60 57.4 44.8 41.1 45.6 44.9 50 41.6 37.0 40 31.6 30.6 25.8 30 16.6 14.2 20 2.6 10

  10. Slide 10: 2Q M&A * IPO PO CB

    2 2Q M&A 77 „ * IPO PO CB „ 9 9 MPO (Multiple Private Offering) * 9 9 HPO (Hybrid Private Offering) „M&A 9 9 (10 ) 30 22.9 21.0 20.6 19.4 20 18.0 16.8 16.5 14.8 12.9 12.9 11.4 10 7.1 5.2 4.6 4.7 3.0 2.8 2.3 1.7 0.8 0 FY03.3 1Q FY03.3 2Q FY03.3 3Q FY03.3 4Q FY04.3 1Q FY04.3 2Q FY04.3 3Q FY04.3 4Q FY0

  11. Slide 11: 2Q NPF

    3 2Q -23 „ „ NPF 9 400 357.2 364.5 350 331.4 327.2 9 291.0 291.4 66.0 64.3 300 284.9 50.0 37.4 19.2 14.3 14.3 250 200 „ 300.2 150 276.7 277.1 281.4 291.2 289.8 265.7 9 100 50 0 FY03.3 FY04.3 1Q FY04.3 2Q FY04.3 3Q FY04.3 4Q FY05.3 1Q FY05.3 2Q 10 7.3 7.1 4.1 2.0 2.8 4.9 4.8 -1.3 -0.2 -1.4 0 FY03.3 1

  12. Slide 12: 2Q NCRAM

    1 2Q NCRAM 14 „ „ 9 19.9 9 20 16.5 478 15 13.3 12.5 12.4 12.1 11.8 10.5 10.8 9.4 10 „ 9 5 0 FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q „ 9 10 20 10.3 10.6 11.0 9.8 9.1 9.0 9.7 10 7.9 8.3 8.0 2.6 1.1 1.3 1.0 0.8 0.1 2.2 0 FY03.3 1Q FY03.3 2Q FY

  13. Slide 13: Mar.00 Mar.01 Mar.02 Mar.03 Jun.03 Sep.03 Dec.03 Mar.04 Jun.04 Sep.04 Mar. 00 Mar. 01

    2 25 60 100 54.9 52.9 ( ) 21.0 19.9 0.2 50 ( 20 0.1 80 18.2 4.9 ( 0.2 41.3 5.6 39.6 39.5 15.4 15.2 15.7 15.7 40 39.1 4.5 15.1 37.2 37.4 14.2 14.5 0.3 0.4 0.4 0.5 35.6 15 0.6 34.4 60 0.2 0.3 3.8 4.1 4.4 4.6 3.6 3.7 4.7 30 40 40 40 40 41 41 41 41 10 35 40 13.3 10.7 10.4 20 28 7.0 6.6 6.3 6.0 7.3 7.0 5

  14. Slide 14: 2Q FY01.3 FY02.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q

    2Q 8 50 „ 40 36.6 36.4 37.7 „ 34.2 35.3 35.9 35.9 34.3 36.4 36.0 30 „ 32.5 29.3 28.8 28.0 25.6 28.0 20 25.7 24.4 „ * PFG NPF 10 * 2002.3 2004 3 2 189 28 0 FY01.3 FY02.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 (1/4) (1/4) (1/4) 1Q 2Q 3Q 4Q 1Q 2Q 200 150 100 50 0 FY03.3 1Q FY03.3 2Q FY03.3 3Q

  15. Slide 15: 15

    15

  16. Slide 16: 16

    16 16

  17. Slide 17: * * 2004 2005

    1 * * 2004 4 2005 3 17 17

  18. Slide 18: * •2004 2004

    2 * •2004 4 2004 3 18 18

  19. Slide 19: FY03.3 1Q 2Q

    FY03.3 FY04.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 501.5 429.9 756.0 597.3 976.8 405.1 316.3 291.8 228.7 243.0 12.8 6.7 7.7 7.7 9.6 10.1 12.3 15.0 14.5 9.2 5.5 4.2 4.0 3.2 2.2 2.6 3.4 2.9 2.3 1.6 6.0 1.8 1.3 2.6 2.6 4.9 6.6 7.4 7.6 5.0 1.3 0.8 2.5 1.9 4.8 2.5 2.3 4.7 4.6 2.6 3.3 2.5 3.5 2.6 3.2 3.5

  20. Slide 20: /

    / 20 20

  21. Slide 21: Total FY03.3 1Q

    1 69.5 70 62.9 60 57.6 56.0 50 46.1 45.6 40 34.7 34.3 33.8 30 26.6 20 10 0 FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Total 46.1 34.7 34.3 26.6 33.8 56.0 57.6 62.9 69.5 45.6 5.7 9.8 5.3 5.2 4.5 5.6 6.5 6.6 5.1 6.4 11.8 6.2 6.4 6.1 7.2 8.2 11.0

  22. Slide 22: Total FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q

    2 35 32.3 31.0 30 28.2 24.4 25 19.9 20 18.3 16.9 15.6 14.5 15.4 15 10 5 0 FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Total 15.6 18.3 16.9 31.0 14.5 19.9 24.4 28.2 15.4 32.3 0.3 1.0 0.6 1.4 0.2 -0.1 0.1 0.0 0.0 0.0 2.6 4.6 3.6 6.1 2.6 3.8 4.0 5

  23. Slide 23: Total FY03.3 1Q

    3 30 25 24.2 21.9 19.8 20 18.6 18.2 17.5 17.0 16.8 15.7 15 13.7 10 5 0 FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Total 24.2 21.9 17.5 15.7 13.7 17.0 16.8 18.6 18.2 19.8 2.4 2.3 2.3 2.2 2.4 2.6 2.5 2.5 2.7 2.7 2.0 3.1 2.0 3.0 1.9 3.6 2.5 4.1 2

  24. Slide 24: Total FY03.3 1Q

    4 120 113.9 99.5 100 81.5 80.3 86.4 66.6 80 74.6 56.8 60 50.1 42.8 40 20 0 -20 FY03.3 FY03.3 FY03.3 FY03.3 FY04.3 FY04.3 FY04.3 FY04.3 FY05.3 FY05.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Total 56.8 66.6 81.5 80.3 113.9 99.5 42.8 86.4 74.6 50.1 16.8 43.3 35.2 32.0 34.1 25.1 11.1 30.0 20.5 29.1 18.5 -3.4 -0.3

  25. Slide 25: *2004 41.3

    *2004 9 41.3 25 25

  26. Slide 26: 26

    26 26

  27. Slide 27: 27

    27 27

  28. Slide 28: 28

    28 28

  29. Slide 29: 2004 – 2004 * *

    2004 1 – 2004 9 * * 29 29

  30. Slide 30: NCRAM

    NCRAM 10 30 30

  31. Slide 31: VaR

    „ ¾ VaR 10 ¾ ¾ ( 10 ) Jun.02 Sep.02 Dec.02 Mar.03 Jun.03 Sep.03 Dec.03 Mar.04 Jun.04 Sep.04 1.8 1.3 1.3 1.5 2.1 2.3 2.9 3.3 3.0 5.6 1.7 1.8 1.9 2.3 2.5 2.4 2.5 2.0 2.8 2.6 0.4 0.4 0.3 0.2 0.3 0.3 0.3 0.5 0.4 0.3 3.8 3.5 3.5 4.0 4.9 4.9 5.7 5.8 6.3 8.5 (1.2) (1.2) (1.1) (0.9) (1.5) (1.3) (1.8) (1.9)

  32. Slide 32: NPF

    *NPF 32 32

  33. Slide 33: Nomura Holdings, Inc.

    Nomura Holdings, Inc. www.nomura.com 33 33

Nomura Holdings — FY2005.3 2Q Earnings Presentation on 6ix