Nomura Holdings, Inc. · TSE:8604

Nomura — FY2003 Earnings Presentation

34 slides from Nomura's earnings presentation, 2003

  1. Slide 1: FY2003.3 Results (US GAAP)

    2003 3 US GAAP 2003 4 2003 3 2003 5 3 30 1

  2. Slide 2: „ 2003.3 „ ¾ ¾ ¾ ¾ ¾ „ 2003 2003 2003 2003

    „ 2003.3 „ ¾ ¾ ¾ ¾ ¾ „ 2003 3 2003 4 30 2 2003 3 2003 4 30 2

  3. Slide 3: Summary of FY2003.3 results

    2003 3 2002.4 2003.3 ¾ ( ) 5,663 34% * ¾ 5,189 22% * ¾ 474 76% * -413 -212 ¾ 1,199 39% *. ¾ 21 1,694 3 4,112 ** ¾ 1 6,423 374 ** ¾ 12.9 11.1 ¾ROE 7.4% ¾ ( ) 1,507 69% *** ¾ 1,629 12% *** ¾ -122 N.M. -90 -212 ¾ -261 N.M. * PFG ** *** PFG 3 3

  4. Slide 4: „ P5 „ P6 ~ „ P9 ~ „ P13 ~ „ P15 ~

    „ P5 „ P6 ~ 8 „ P9 ~ 12 „ P13 ~ 14 „ P15 ~ 16 4

  5. Slide 5: 1Q 2Q 3Q

    Hig M2Q 113Q Bl4q “ERTOTAL

  6. Slide 6: Net revenue and income

    1 „ 198 18% 9% 249.3 9 * 250 229.1 ¾ 3.1 22 9 200 9 ¾ 150 03 3 1,666 9 100 1 383 3,8350% 4% 2 630 57.7 55.2 3,486 18% 50 „ 252 46 % 0 FY02.3 4Q FY03.3 4Q FY02.3 FY03.3 Total 57.7 Total55.2 229.1 249.3 „ 52 58 % 0.6 0.2 3.0 2.4 17.3 25.2 61.5 95.7 12.4 5.2 53.1 32.0 „ 48 54 % 3.1 4.8 14.0 15.0 24.3 1

  7. Slide 7: 2

    2 7 7

  8. Slide 8: Sep. 01 Mar. 02 Jun. 02

    3 35 29.3 30 28.4 28.9 0.8 0.8 28.2 0.7 27.6 27.1 0.9 0.2 0.9 1.0 0.2 25 8.4 7.9 9.3 6.7 6.3 5.9 20 2.4 2.2 2.4 2.1 2.0 2.1 15 11.4 10.6 9.9 9.5 11.1 10.9 10 5 7.3 7.7 8.2 8.4 5.8 6.7 0 Sep. 01 Mar. 02 Jun. 02 Sep. 02 Dec. 02 Mar. 03 * CB ** 8 8

  9. Slide 9: MTN issuance

    1 „ 9 600 9 300 „ 180 9 8.9 160 154.0 „ MTN 9 1,100 140 9 201 120 9 263 9 123 100 90.8 „ 80 60 40 36.1 27.3 20 0 FY02.3 FY03.3 FY02.3 FY03.3 4Q 4Q 9 9

  10. Slide 10: FY02.3 4Q FY03.3

    2 „ 10 9 9 140 125.1 „ 120 10 35 100 31.9 82.0 30 28.8 80 25 23.0 60 21.6 20 35.6 40 14.7 21.4 15 20 10.2 9.5 10 8.5 0 5 FY02.3 FY03.3 FY02.3 FY03.3 4Q 4Q 0 FY02.3 FY03.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 10 10

  11. Slide 11: IPO and PO underwriting, M&A

    3 „ IPO PO* 9 IPO 1,141 54 153 92 100 90 88.3 9 PO 4,451 149 1,758 236 80 69.1 70 9 ¾ FG 60 50 „ 9 40 ¾ = 30 21.0 20.0 20 M&A ** 9 1 10 9 125 9 208 0 9 33 FY02.3 FY03.3 FY02.3* FY03.3 4Q 4Q 11 11

  12. Slide 12: I NPF FY02.3

    4 * „ 9 „ 160 9 135.8 140.6 140 120 „ 100 I NPF 80 350 316.8 2.0 284.9 60 300 281.8 16.1 19.2 40 250 20 4.1 200 0 314.8 150 265.7 265.7 -6.6 -20 100 FY02.3 FY03.3 FY02.3* FY03.3 4Q 4Q 50 0 FY01.3 FY02.3 FY03.3 12 12

  13. Slide 13: FY02.3 4Q FY03.3

    1 „ 9 50 „ 47.2 9 45 9 37.1 40 35 „ 30 180 170.4 25 160 140 20 120 97.5 15 100 11.3 86.8 80 80.6 10 7.9 60 5 40 20 0 0 FY02.3 FY03.3 FY02.3 FY03.3 Sep.01 Mar.02 Jun.02 Sep.02 Dec.02 Mar.03 4Q 4Q 13 13

  14. Slide 14: NAM NAM

    2 NAM NAM 25 19.8 20 0.2 45% 18.2 40% 40% 40% 39% 39% 0.2 40% 4.4 17.1 0.2 15.6 4.5 0.2 15.1 35% 15 4.1 0.2 14.2 30% 0.2 33% 3.9 30% 33% 3.8 31% 31% 3.6 30% 25% 27% 10 20% 12.9 23% 10.4 9.2 21% 20% 20% 19% 8.3 7.8 15% 7.3 18% 5 10% 5% 3.2 3.6 3.3 3.3 3.2 2.4 0% 0 Sep.01 Mar.02 Jun.02 Sep.02 Dec.02 M

  15. Slide 15: Total net revenue

    * 1 „ 700 664.0 600 „ 518.9 500 „ 400 300 „ 185.1 200 162.9 100 „ 9 0 FY02.3 4Q FY03.3 4Q FY02.3 FY03.3 Total 185.1 162.9 664.0 518.9 ( 0.8 23.6 94.8 25.6 23.1 27.7 73.6 69.3 7.3 5.9 26.7 24.4 17.6 13.9 58.8 57.2 22.2 21.2 80.0 77.4 5.6 7.3 21.0 20.8 108.7 63.4 309.2 244.2 *PFG 2002.3 4,844 15 15

  16. Slide 16: FY00.3 (1/4) FY01.3 (1/4) FY02.3 (1/4)

    * 2 „ 9 9 50 40.4 36.7 40 36.6 34.2 35.3 35.0 34.3 36.0 30 32.5 29.1 27.0 24.5 20 23.2 22.4 10 0 FY00.3 (1/4) FY01.3 (1/4) FY02.3 (1/4) FY03.3 1Q FY03.3 2Q FY03.3 3Q FY03.3 4Q 16 16

  17. Slide 17: • P18 • P19 • P20 • P21 • P22 ~ • P26 •

    • P18 • P19 • P20 • P21 • P22 ~ 25 • P26 • P27 • P28 • P29 • P30 • P31 • P32 • P33 17

  18. Slide 18: 18

    18 18

  19. Slide 19: 19

    19 19

  20. Slide 20: Quarterly revenue data FY02.3 FY03.3

    FY02.3 FY03.3 Full Full 1Q 2Q 3Q 4Q Year 1Q 2Q 3Q 4Q Year 20.5 12.9 14.4 13.9 61.7 16.8 10.2 13.5 7.7 48.2 30.1 20.0 23.1 24.3 97.5 31.9 25.7 26.8 19.8 104.1 2.9 5.3 2.7 3.1 14.0 1.8 4.8 3.7 4.8 15.0 14.9 13.2 12.6 12.4 53.1 12.3 7.7 6.9 5.2 32.0 13.1 12.3 18.8 17.3 61.5 20.5 17.8 32.2 25.2 95.7 1.1

  21. Slide 21: FY03.3

    / FY03.3 12 21 21

  22. Slide 22: 1%

    1 10 1% 22 22

  23. Slide 23: 2

    2 23 23

  24. Slide 24: Quarterly results

    3 120 35 110.0 29.6 30 27.8 100 26.9 25.7 24.2 25 79.3 80 21.9 20 17.5 60 15.7 15 40 10 20 5 0 FY02.3 FY02.3 FY02.3 FY02.3 FY03.3 FY03.3 FY03.3 FY03.3 0 FY02.3 FY03.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Total 110.0 79.3 Total 29.6 27.8 25.7 26.9 24.2 21.9 17.5 15.7 9.8 9.1 2.5 2.6 2.3 2.5 2.4 2.3 2.3 2.2 100.1

  25. Slide 25: Quarterly results by segment

    4 * 175 169.3 380 350.8 150 330 125 285.2 280 100 88.7 81.5 80.3 66.6 230 69.1 75 56.8 180 23.7 50 130 25 80 0 30 -25 FY02.3 FY02.3 FY02.3 FY02.3 FY03.3 FY03.3 FY03.3 FY03.3 -20 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY02.3 FY03.3 Total 350.8 285.2 Total 88.7 23.7 69.1 169.3 56.8 66.6 81.5 80.3 72.2 127.3 15.9 13.

  26. Slide 26: Quarterly net revenue by segment

    * 700 250 239.4 664.0 600 200 185.1 518.9 162.9 500 150 121.8 124.3 400 117.7 118.5 113.2 100 300 200 50 100 0 FY02.3 FY02.3 FY02.3 FY02.3 FY03.3 FY03.3 FY03.3 FY03.3 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY02.3 FY03.3 Total 664.0 518.9 Total 121.8 239.4 117.7 185.1 124.3 118.5 113.2 162.9 ( 94.8 25.6 ( 0.4 93.

  27. Slide 27: 27

    27 27

  28. Slide 28: 28

    28 28

  29. Slide 29: 29

    29 29

  30. Slide 30: * ** ** *** ***

    * ** ** *** *** 30 30

  31. Slide 31: 31

    31 31

  32. Slide 32: Value at Risk (VaR)

    „ VaR VaR 10 02.4.1 03.3.31 ¾ 2.33 99% ¾ 1 1.7 2.54 ¾ ( 10 ) Mar.00 Sep.00 Mar.01 Jun.01 Sep.01 Dec.01 Mar.02 Jun.02 Sep.02 Dec.02 Mar.03 1.7 2.6 3.0 2.5 2.0 2.8 2.0 1.8 1.3 1.3 1.5 1.5 1.8 2.7 2.2 1.7 2.9 2.3 1.7 1.8 1.9 2.3 0.1 0.1 0.3 0.2 0.3 0.2 0.2 0.4 0.4 0.3 0.2 3.3 4.5 6.0 4.9 4.0 6.0 4.5 3.

  33. Slide 33: 33

    33 33

  34. Slide 34: Nomura Holdings, Inc.

    Nomura Holdings, Inc. www.nomura www.nomura.com/ .com/jp jp// 34 34

Nomura Holdings — FY2003 Earnings Presentation on 6ix