Nomura Holdings’ U.S.-listed ADR (NMR) is up about 3% as investors react to its newly released full-year numbers for the fiscal year ended March 31, 2026. The filing showed net revenue of ¥2,167.7 billion, up 14.5% from the prior year, and net income attributable to Nomura Holdings shareholders of ¥362.1 billion, up 6.3%, reinforcing the firm’s earnings durability after a strong year for market activity and client flows.

For the year ended March 31, 2026, Nomura reported income before income taxes of ¥539.8 billion and total net income of ¥374.4 billion. Segment disclosures highlighted higher net revenue across major businesses, including Wholesale net revenue of ¥1,162.2 billion and Wealth Management net revenue of ¥487.9 billion, helping to support the market’s improved tone toward the brokerage and investment bank.

Another support for the shares is capital return visibility. Nomura disclosed progress in its buyback program: 24,638,300 shares were repurchased during March 2026 for an aggregate ¥30.18 billion, taking cumulative repurchases to 32,551,600 shares for ¥41.48 billion under the board authorization that allows up to 100 million shares (up to ¥60 billion) through September 30, 2026. Separately, Nomura declared a year-end dividend of ¥24 per share (record date March 31, 2026) payable June 1, 2026, keeping income-focused investors engaged even as buybacks remain a central lever.

Traders will watch whether the post-results rally holds as the market shifts from the fiscal-year print to near-term operating trends and buyback execution pace. The next potential catalyst is timing and content around the upcoming FY2026/27 first-quarter results announcement (still listed as TBD), along with any updates that clarify how much remaining repurchase capacity will be deployed versus other balance-sheet priorities.