Curious about Nomura Holdings net worth and how the company performs financially?
In this article, we’ll break down its revenue growth, key acquisitions, and financial performance to give you a clear picture. Brought to you by Ando Money.
Quick Facts
| FACT | DETAIL |
|---|---|
| Name | Nomura Holdings, Inc. |
| Full Name | Nomura Holdings, Inc. |
| Traded as | Tokyo Stock Exchange: 8604 |
| ISIN | JP3762600009 |
| Founded | December 25, 1925 |
| Founders | Tokushichi Nomura II |
| Country/Territory | Japan |
| Headquarters | Nihonbashi, Chuo, Tokyo, Japan |
| Chief Executive Officer | Kentaro Okuda |
| Number of Employees | 26,850 |
| Market Cap | $16.93 Billion |
| Total Assets | ¥55.1 trillion ($376 billion) |
| Total Equity | ¥3.35 trillion ($22.8 billion) |
| Revenue | ¥1.56 trillion ($10.7 billion) |
| Net Income | ¥68.9 billion ($471 million) |
What is the Net Worth/ Market Cap Of Nomura Holdings in 2024?
As of September 2024, Nomura Holdings has a market capitalization of $16.93 billion.
This figure places Nomura among the top financial institutions in Japan, though it is not among the largest globally.
By comparison, other financial giants such as JPMorgan Chase and Goldman Sachs boast significantly higher valuations.
Still, Nomura’s position is solid, especially considering its long-standing history and prominence in Asian markets.
Here are a few other well-known banks in the industry for comparison:
- JPMorgan Chase
- Goldman Sachs
- Morgan Stanley
- Barclays
- Deutsche Bank
- United Overseas Bank
- Banco Bradesco
- Nonghyup Bank
Nomura Holdings continues to focus on growth across global markets, and for those curious about how other top financial institutions stack up, you can explore the largest global financial institutions for more information.
Financial Performance Overview
Understanding Financial Performance in 2024
Nomura Holdings has shown substantial growth across its financial indicators, with impressive gains in total revenue, net income, and equity.
The firm reported total revenue of ¥1.56 trillion ($10.7 billion) for the fiscal year, a notable increase from previous years.
This growth is attributed to the company’s expansion efforts in multiple markets, including Japan, Europe, and the Americas.
Nomura’s net income for the three months ending in June 2024 reached ¥68.9 billion ($471 million), marking a 195.5% increase from the same period in the previous year.
This substantial rise is due to the firm’s strong performance in the Wealth Management, Investment Management, and Wholesale divisions.
Key Drivers Behind Revenue Growth
The firm’s diverse business model has played a crucial role in its growth.
The Wealth Management division, formerly known as the Retail division, contributed ¥114 billion ($781 million) in revenue, representing a 23.8% year-on-year increase.
This success can be attributed to Nomura’s client-centric approach, helping individual and institutional investors alike.
The Investment Management division also performed exceptionally well, nearly doubling its revenue with a 79.7% increase, reaching ¥47.7 billion ($327 million).
This division benefits from Nomura’s investments in private equity and debt instruments, which provide substantial returns even in volatile markets.
In addition, Nomura’s Wholesale division, responsible for the bulk of its global operations, brought in ¥244.8 billion ($1.68 billion), marking a 28.3% increase from 2023.
This division covers a broad range of financial services, including investment banking, which continues to be a strong revenue driver.
Managing Assets and Liabilities
As of June 30, 2024, Nomura Holdings reported total assets of ¥55.1 trillion ($376 billion), showcasing the company’s vast reach and the size of its operations.
A significant portion of these assets comes from securities purchased under agreements to resell and trading assets, indicating Nomura’s strength in handling complex financial transactions.
On the liabilities side, Nomura reported total liabilities of ¥56.2 trillion ($384 billion), driven primarily by securities sold under agreements to repurchase and long-term borrowings.
The company’s ability to manage these liabilities while maintaining high levels of equity ensures its ongoing financial stability.
The Role of Major Acquisitions in Growth
Nomura Holdings has a long history of strategic acquisitions that have contributed to its growth.
One of the most notable is the acquisition of Lehman Brothers’ Asian operations in 2008, which positioned Nomura as a key player in the global financial markets.
More recently, the acquisition of Greentech Capital Advisors in 2019 helped expand Nomura’s reach into sustainable technology and infrastructure investments.
These acquisitions have not only expanded Nomura’s market presence but also brought in significant revenues.
The firm continues to look for opportunities to acquire companies that align with its long-term growth strategy, particularly in the investment banking and asset management sectors.
Investment Strategies and Global Presence
Nomura’s investment strategies focus on global markets, leveraging its expertise in Asian markets while expanding its influence in Europe and the United States.
Its private equity and debt investments continue to yield high returns, contributing to the company’s impressive growth figures.
By maintaining a balanced portfolio, Nomura can manage risks while capitalizing on opportunities in both mature and emerging markets.
Nomura’s global presence is another key factor in its financial success.
With regional headquarters in Tokyo, New York, and London, the firm can effectively cater to the needs of its diverse clientele, ranging from institutional investors to government clients.
This global reach has allowed Nomura to tap into new markets and provide a wide array of financial services on a global scale.
By continuously refining its strategies and expanding its reach, Nomura Holdings has positioned itself as a formidable player in the international financial landscape, with a strong focus on maintaining profitability while managing risks effectively.
FAQs about Nomura Holdings
What is the main business of the bank?
The bank offers investment banking, asset management, retail brokerage, and wholesale financial services worldwide. It supports clients with investment and financing services across global markets.
When was the bank founded?
It was founded on December 25, 1925. Initially formed as Nomura Securities Co., Ltd., it spun off from Osaka Nomura Bank.
How does the bank generate its revenue?
Revenue comes from Wealth Management, Investment Management, and Wholesale divisions.
What are the major acquisitions made by the bank?
The bank acquired Lehman Brothers’ Asian operations in 2008, expanding its global presence. It also acquired Greentech Capital Advisors in 2019, enhancing its reach into sustainable investments.
What is the market capitalization of the bank?
As of September 2024, the bank’s market capitalization is $16.93 billion.
Who is the current CEO of the Nomura Holdings?
Kentaro Okuda serves as President and Group CEO, leading since April 2020, steering the bank’s global expansion.
Where is the Nomura Holdings headquartered?
The bank’s headquarters are in Nihonbashi, Chuo, Tokyo, Japan.
Conclusion
Nomura Holdings is a global financial powerhouse, and its net worth continues to grow.
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