{"url_path":"/sec/nmr/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 Major Shareholders and Related Party Transactions","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-22","source_url":"https://www.sec.gov/Archives/edgar/data/1163653/0001193125-26-277134-index.html","accession_number":"0001193125-26-277134","cik":"0001163653","ticker":"NMR","issuer_name":"NOMURA HOLDINGS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1163653/0001193125-26-277134-index.html","primary_entity_key":"0001163653","primary_entity_name":"NOMURA HOLDINGS INC"},"word_count":598,"has_tables":true,"body_markdown":"Item 7. Major Shareholders and Related Party Transactions\n\nA. Major Shareholders.\n\nAccording to a statement on Schedule 13G (Amendment No.11) filed by BlackRock, Inc. with the SEC on April 23, 2025, BlackRock, Inc. owned 227,858,398 shares, representing 7.2% of the issued shares of NHI shares. However, the Company has not confirmed the status of these shareholdings as of March 31, 2026.\n\n \n\n144\n\n##### Table of Contents\n\nAccording to a statement on Schedule 13G (Amendment No.5) filed by Sumitomo Mitsui Trust Group, Inc. with the SEC on February 5, 2026, Sumitomo Mitsui Trust Group, Inc. owned 155,735,902 shares, representing 4.9% of the issued shares of NHI shares. However, the Company has not confirmed the status of these shareholdings as of March 31, 2026.\n\nTo our knowledge, we are not directly or indirectly owned or controlled by another corporation, by any government or by any other natural or legal person severally or jointly. We know of no arrangements the operation of which may at a later time result in a change of control of Nomura. Also as of March 31, 2026, there were 366 Nomura shareholders of record with addresses in the U.S., and those U.S. holders held 560,687,082 shares of NHI shares, representing 18.15% of the issued shares of NHI shares. As of March 31, 2026, there were 79,924,681 ADSs outstanding, representing 79,924,681 shares of NHI shares or 2.59% of the issued shares of NHI shares. Our major shareholders above do not have different voting rights.\n\nB. Related Party Transactions.\n\nNomura Research Institute, Ltd.\n\nNRI develops and manages computer systems and provides research services and management consulting services. We are one of the major clients of NRI.\n\nNomura’s ownership of NRI was 23.0%, 23.0% and 23.1% as of March 31, 2024, 2025 and 2026, respectively.\n\nFor the year ended March 31, 2026, we purchased ¥29,361 million worth of software and computer equipment and paid ¥48,502 million for other services to NRI, while we received ¥364 million from NRI.\n\nFor the year ended March 31, 2025, we purchased ¥22,976 million worth of software and computer equipment and paid ¥44,239 million for other services to NRI, while we received ¥727 million from NRI.\n\nFor the year ended March 31, 2024, we purchased ¥15,367 million worth of software and computer equipment and paid ¥47,289 million for other services to NRI, while we received ¥764 million from NRI.\n\nNomura Real Estate Holdings, Inc.\n\nNREH is the holding company of the Nomura Real Estate Group which is primarily involved in residential property development, leasing, investment management as well as other real estate-related activities.\n\nNomura’s ownership of NREH was 37.5%, 37.2% and 37.6% as of March 31, 2024, 2025 and 2026, respectively.\n\nOn April 10, 2025, Nomura sold certain owned land and buildings located in Takanawa 2-chome, Minato-ku, Tokyo, for effective utilization of its assets. For details on the transaction, please refer to Note 21 “Affiliated companies and other equity-method investees” in our consolidated financial statements. Nomura believes that the transaction was conducted on market-based commercial terms, and that the price paid to Nomura represented fair market value of the sold land and buildings.\n\n \n\n145\n\n##### Table of Contents\n\nDirectors\n\nDuring the years ended March 31, 2024, 2025 and 2026, no loans that were outstanding were made to our directors and other related parties other than in the normal course of business, on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other customers, involving no more than the normal risk of collectability and presenting no other unfavorable features.\n\nC. Interests of Experts and Counsel.\n\nNot applicable."}