Nomura Holdings Inc ADR American Depositary Shares (NMR) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to today's Nomura Holdings, fourth quarter and full-year operating results for fiscal year end of March 2026 conference call. Please be reminded that today's conference call is being recorded at the request of the hosting company. Should you have any objections, you may disconnect at this point in time. During the presentation, all the telephone lines are placed for listen-only mode. The question and answer session will be held after the presentation. Please note that this teleconference contains certain forward-looking statements and other projected results, which involve known and unknown risks, delays, uncertainties, and other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different from the results. performance or other expectations implied by these projections. Such factors include economic and market conditions, political events and investor sentiments, liquidity of secondary markets, level and volatility of interest rates, currency exchange rates, security valuations, competitive conditions and size, number and timing of transactions. With that, We'd like to begin the conference. Mr. Hiroyuki Moriuchi, Chief Financial Officer, please go ahead. This is Moriuchi CFO. Thank you for joining us. I will now give you an overview of our financial results for the fourth quarter and full year for the fiscal year ended March 2026. Please turn to page 2. First of all, our full year results. As you can see on the bottom left, DRIP net revenue increased 15% year on year to 2,167.7 billion yen, while income before income taxes grew 14% to 539.8 billion yen, and net income increased 6% to 362.1 billion yen, setting a record year. We achieved full-year ROE of ...