Form 6-K
Table of Contents

 

 

FORM 6-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Commission File Number: 1-15270

For the month of May 2014

NOMURA HOLDINGS, INC.

(Translation of registrant’s name into English)

9-1, Nihonbashi 1-chome

Chuo-ku, Tokyo 103-8645

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F       X             Form 40-F              

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):             

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):             

 

 

 

 


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Information furnished on this form:

EXHIBIT

 

Exhibit Number

1.    Nomura Announces Correction to Financial Statements

The registrant hereby incorporates Exhibit 1 to this report on Form 6-K by reference in the prospectus that is part of Registration Statement on Form F-3 (Registration No. 333-191250) of the registrant and Nomura America Finance, LLC, filed with the Securities and Exchange Commission (the “SEC”) on September 19, 2013.

EXPLANATORY NOTE: The registrant furnished to the SEC a report on Form 6-K on July 26, 2013 and a report on Form 6-K/A on May 30, 2014, amending the report on Form 6-K furnished on July 26, 2013. The registrant is furnishing this Form 6-K in order to show the amendments to certain data for the three months ended June 30, 2013 and certain quarterly comparatives data shown in Exhibit 1 “Financial Summary – Three months ended June 30, 2013”, furnished on Form 6-K on July 26, 2013, as reflected in Exhibit 1 to the report on Form 6-K/A furnished on May 30, 2014 and shown in Exhibit 1 to this report. Such amendments to certain data have been made to correct a mistake in the calculation of the number of shares of Nomura Holdings, Inc. common stock held as treasury stock.


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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    NOMURA HOLDINGS, INC.
Date: May 30, 2014     By:  

/s/ Hajime Ikeda

      Hajime Ikeda
      Managing Director


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LOGO

Nomura Announces Correction to Financial Statements

Tokyo, May 30, 2014—Nomura Holdings, Inc. today announced corrections to the document issued on July 26, 2013, titled “Financial Highlights — Three months ended June 2013” as underlined below. The impact of the corrections on Nomura’s consolidated financial results is negligible.

Corrections

 

1. Consolidated operating results for the three months ended June 30, 2013

 

2. Quarterly Consolidated Financial Statements

 

  (1) Consolidated Balance Sheets (UNAUDITED) (Page 6 and 7)

 

  (6) Significant Changes in Equity (UNAUDITED) (Page 11)

Details of the corrections are underlined in the attachment below.


Table of Contents

Attachment

1. Consolidated Operating Results

Original

(2) Financial Position

 

      At March 31     At June 30  
     2013     2013  
     (Millions of yen, except per share data)  

Total assets

     37,942,439        41,954,813   

Total equity

     2,318,983        2,394,869   

Total NHI shareholders’ equity

     2,294,371        2,369,007   

Total NHI shareholders’ equity as a percentage of total assets

     6.0     5.6

Total NHI shareholders’ equity per share (Yen)

     618.27        639.99   

Notes

(4) Number of shares issued (common stock)

 

     At March 31      At June 30  
     2013      2013  

Number of shares outstanding (including treasury stock)

     3,822,562,601         3,822,562,601   

Number of treasury stock

     111,602,349         120,949,330   
     For the three months ended June 30  
     2012      2013  

Average number of shares outstanding (year-to-date)

     3,674,586,163         3,705,893,380   

Corrected

(2) Financial Position

 

     At March 31     At June 30  
     2013     2013  
     (Millions of yen, except per share data)  

Total assets

     37,942,439        41,954,802   

Total equity

     2,318,983        2,394,858   

Total NHI shareholders’ equity

     2,294,371        2,368,996   

Total NHI shareholders’ equity as a percentage of total assets

     6.0     5.6

Total NHI shareholders’ equity per share (Yen)

     618.27        639.99   

Notes

(4) Number of shares issued (common stock)

 

     At March 31      At June 30  
     2013      2013  

Number of shares outstanding (including treasury stock)

     3,822,562,601         3,822,562,601   

Number of treasury stock

     111,602,349         120,965,230   
     For the three months ended June 30  
     2012      2013  

Average number of shares outstanding (year-to-date)

     3,674,586,163         3,705,889,405   


Table of Contents

2. Quarterly Consolidated Financial Statements

(1) Consolidated Balance Sheets (UNAUDITED) (Page 6 and 7)

Original

 

     Millions of yen  
      March 31,
2013
    June 30,
2013
    Increase/
(Decrease)
 
ASSETS       

Cash and cash deposits:

      

Cash and cash equivalents

     805,087        1,201,766        396,679   

Time deposits

     577,921        642,909        64,988   

Deposits with stock exchanges and other segregated cash

     269,744        331,753        62,009   
  

 

 

   

 

 

   

 

 

 

Total cash and cash deposits

     1,652,752        2,176,428        523,676   
  

 

 

   

 

 

   

 

 

 

Loans and receivables:

      

Loans receivable

     1,575,494        1,338,404        (237,090

Receivables from customers

     63,792        59,771        (4,021

Receivables from other than customers

     992,847        807,501        (185,346

Allowance for doubtful accounts

     (2,258     (3,445     (1,187
  

 

 

   

 

 

   

 

 

 

Total loans and receivables

     2,629,875        2,202,231        (427,644
  

 

 

   

 

 

   

 

 

 

Collateralized agreements:

      

Securities purchased under agreements to resell

     8,295,372        10,120,178        1,824,806   

Securities borrowed

     5,819,885        6,609,875        789,990   
  

 

 

   

 

 

   

 

 

 

Total collateralized agreements

     14,115,257        16,730,053        2,614,796   
  

 

 

   

 

 

   

 

 

 

Trading assets and private equity investments:

      

Trading assets*

     17,037,191        18,107,486        1,070,295   

Private equity investments

     87,158        88,444        1,286   
  

 

 

   

 

 

   

 

 

 

Total trading assets and private equity investments

     17,124,349        18,195,930        1,071,581   
  

 

 

   

 

 

   

 

 

 

Other assets:

      

Office buildings, land, equipment and facilities
(net of accumulated depreciation and amortization of
¥355,831 million as of March 31, 2013 and
¥366,580 million as of June 30, 2013)

     428,241        434,256        6,015   

Non-trading debt securities*

     920,611        1,074,987        154,376   

Investments in equity securities*

     123,490        130,679        7,189   

Investments in and advances to affiliated companies*

     345,705        352,847        7,142   

Other

     602,159        657,402        55,243   
  

 

 

   

 

 

   

 

 

 

Total other assets

     2,420,206        2,650,171        229,965   
  

 

 

   

 

 

   

 

 

 

Total assets

     37,942,439        41,954,813        4,012,374   
  

 

 

   

 

 

   

 

 

 

 

* Including securities pledged as collateral


Table of Contents
    Millions of yen  
    March 31,
2013
    June 30,
2013
    Increase/
(Decrease)
 
LIABILITIES AND EQUITY      

Short-term borrowings

    738,445        973,036        234,591   

Payables and deposits:

     

Payables to customers

    476,705        630,631        153,926   

Payables to other than customers

    864,962        1,487,597        622,635   

Deposits received at banks

    1,072,134        1,275,199        203,065   
     

 

 

   

 

 

   

 

 

 

Total payables and deposits

    2,413,801        3,393,427        979,626   
     

 

 

   

 

 

   

 

 

 

Collateralized financing:

     

Securities sold under agreements to repurchase

    12,444,317        13,725,503        1,281,186   

Securities loaned

    2,158,559        2,340,133        181,574   

Other secured borrowings

    806,507        842,258        35,751   
     

 

 

   

 

 

   

 

 

 

Total collateralized financing

    15,409,383        16,907,894        1,498,511   
     

 

 

   

 

 

   

 

 

 

Trading liabilities

    8,491,296        9,670,942        1,179,646   

Other liabilities

    978,163        919,705        (58,458

Long-term borrowings

    7,592,368        7,694,940        102,572   
     

 

 

   

 

 

   

 

 

 

Total liabilities

    35,623,456        39,559,944        3,936,488   
     

 

 

   

 

 

   

 

 

 

Equity

     

NHI shareholders’ equity:

     

Common stock

     

  Authorized

Issued

 

-

-

 

6,000,000,000 shares

3,822,562,601 shares as of March 31, 2013 and

3,822,562,601 shares as of June 30, 2013

     

Outstanding

  -  

3,710,960,252 shares as of March 31, 2013 and

3,701,613,271 shares as of June 30, 2013

    594,493        594,493        —     

Additional paid-in capital

    691,264        680,857        (10,407

Retained earnings

    1,136,523        1,202,417        65,894   

Accumulated other comprehensive income (loss)

    (57,395     (25,810     31,585   
     

 

 

   

 

 

   

 

 

 

Total NHI shareholders’ equity before treasury stock

    2,364,885        2,451,957        87,072   

Common stock held in treasury, at cost -

     
   

111,602,349 shares as of March 31, 2013 and

120,949,330 shares as of June 30, 2013

    (70,514     (82,950 )      (12,436 ) 
     

 

 

   

 

 

   

 

 

 

Total NHI shareholders’ equity

    2,294,371        2,369,007        74,636   
     

 

 

   

 

 

   

 

 

 

Noncontrolling interests

    24,612        25,862        1,250   
     

 

 

   

 

 

   

 

 

 

Total equity

    2,318,983        2,394,869        75,886   
     

 

 

   

 

 

   

 

 

 

Total liabilities and equity

    37,942,439        41,954,813        4,012,374   
     

 

 

   

 

 

   

 

 

 


Table of Contents

Corrected

 

     Millions of yen  
      March 31,
2013
    June 30,
2013
    Increase/
(Decrease)
 
ASSETS       

Cash and cash deposits:

      

Cash and cash equivalents

     805,087        1,201,766        396,679   

Time deposits

     577,921        642,909        64,988   

Deposits with stock exchanges and other segregated cash

     269,744        331,753        62,009   
  

 

 

   

 

 

   

 

 

 

Total cash and cash deposits

     1,652,752        2,176,428        523,676   
  

 

 

   

 

 

   

 

 

 

Loans and receivables:

      

Loans receivable

     1,575,494        1,338,404        (237,090

Receivables from customers

     63,792        59,771        (4,021

Receivables from other than customers

     992,847        807,501        (185,346

Allowance for doubtful accounts

     (2,258     (3,445     (1,187
  

 

 

   

 

 

   

 

 

 

Total loans and receivables

     2,629,875        2,202,231        (427,644
  

 

 

   

 

 

   

 

 

 

Collateralized agreements:

      

Securities purchased under agreements to resell

     8,295,372        10,120,178        1,824,806   

Securities borrowed

     5,819,885        6,609,875        789,990   
  

 

 

   

 

 

   

 

 

 

Total collateralized agreements

     14,115,257        16,730,053        2,614,796   
  

 

 

   

 

 

   

 

 

 

Trading assets and private equity investments:

      

Trading assets*

     17,037,191        18,107,475        1,070,284   

Private equity investments

     87,158        88,444        1,286   
  

 

 

   

 

 

   

 

 

 

Total trading assets and private equity investments

     17,124,349        18,195,919        1,071,570   
  

 

 

   

 

 

   

 

 

 

Other assets:

      

Office buildings, land, equipment and facilities
(net of accumulated depreciation and amortization of
¥355,831 million as of March 31, 2013 and
¥366,580 million as of June 30, 2013)

     428,241        434,256        6,015   

Non-trading debt securities*

     920,611        1,074,987        154,376   

Investments in equity securities*

     123,490        130,679        7,189   

Investments in and advances to affiliated companies*

     345,705        352,847        7,142   

Other

     602,159        657,402        55,243   
  

 

 

   

 

 

   

 

 

 

Total other assets

     2,420,206        2,650,171        229,965   
  

 

 

   

 

 

   

 

 

 

Total assets

     37,942,439        41,954,802        4,012,363   
  

 

 

   

 

 

   

 

 

 

 

* Including securities pledged as collateral


Table of Contents
     Millions of yen  
     March 31,
2013
    June 30,
2013
    Increase/
(Decrease)
 
LIABILITIES AND EQUITY       

Short-term borrowings

     738,445        973,036        234,591   

Payables and deposits:

      

Payables to customers

     476,705        630,631        153,926   

Payables to other than customers

     864,962        1,487,597        622,635   

Deposits received at banks

     1,072,134        1,275,199        203,065   
      

 

 

   

 

 

   

 

 

 

Total payables and deposits

     2,413,801        3,393,427        979,626   
      

 

 

   

 

 

   

 

 

 

Collateralized financing:

      

Securities sold under agreements to repurchase

     12,444,317        13,725,503        1,281,186   

Securities loaned

     2,158,559        2,340,133        181,574   

Other secured borrowings

     806,507        842,258        35,751   
      

 

 

   

 

 

   

 

 

 

Total collateralized financing

     15,409,383        16,907,894        1,498,511   
      

 

 

   

 

 

   

 

 

 

Trading liabilities

     8,491,296        9,670,942        1,179,646   

Other liabilities

     978,163        919,705        (58,458

Long-term borrowings

     7,592,368        7,694,940        102,572   
      

 

 

   

 

 

   

 

 

 

Total liabilities

     35,623,456        39,559,944        3,936,488   
      

 

 

   

 

 

   

 

 

 

Equity

      

NHI shareholders’ equity:

      

Common stock

      

  Authorized

  -   6,000,000,000 shares       

Issued

  -  

3,822,562,601 shares as of March 31, 2013 and

3,822,562,601 shares as of June 30, 2013

      

Outstanding

  -   3,710,960,252 shares as of March 31, 2013 and
3,701,597,371 shares as of June 30, 2013
     594,493        594,493        —     

Additional paid-in capital

     691,264        680,857        (10,407

Retained earnings

     1,136,523        1,202,417        65,894   

Accumulated other comprehensive income (loss)

     (57,395     (25,810     31,585   
  

 

 

   

 

 

   

 

 

 

Total NHI shareholders’ equity before treasury stock

     2,364,885        2,451,957        87,072   

Common stock held in treasury, at cost -

      
   

111,602,349 shares as of March 31, 2013 and

120,965,230 shares as of June 30, 2013

     (70,514     (82,961 )      (12,447 ) 
      

 

 

   

 

 

   

 

 

 

Total NHI shareholders’ equity

     2,294,371        2,368,996        74,625   
      

 

 

   

 

 

   

 

 

 

Noncontrolling interests

     24,612        25,862        1,250   
      

 

 

   

 

 

   

 

 

 

Total equity

     2,318,983        2,394,858        75,875   
  

 

 

   

 

 

   

 

 

 

Total liabilities and equity

     37,942,439        41,954,802        4,012,363   
      

 

 

   

 

 

   

 

 

 


Table of Contents

(6) Significant Changes in Equity (UNAUDITED) (Page 11)

Original

 

     Millions of yen  
     For the three months ended
June 30, 2013
 

Common stock

  

Balance at beginning of year

     594,493   
  

 

 

 

Balance at end of period

     594,493   
  

 

 

 

Additional paid-in capital

  

Balance at beginning of year

     691,264   

Gain (loss) on sales of treasury stock

     (4,315

Issuance and exercise of common stock options

     (6,092
  

 

 

 

Balance at end of period

     680,857   
  

 

 

 

Retained earnings

  

Balance at beginning of year

     1,136,523   

Net income attributable to NHI shareholders

     65,894   
  

 

 

 

Balance at end of period

     1,202,417   
  

 

 

 

Accumulated other comprehensive income (loss)
Cumulative translation adjustments

  

Balance at beginning of year

     (38,875

Net change during the period

     32,343   
  

 

 

 

Balance at end of period

     (6,532
  

 

 

 

Defined benefit pension plans

  

Balance at beginning of year

     (28,518

Pension liability adjustment

     1,024   
  

 

 

 

Balance at end of period

     (27,494
  

 

 

 

Non-trading securities

  

Balance at beginning of year

     9,998   

Net unrealized gain (loss) on non-trading securities

     (1,782
  

 

 

 

Balance at end of period

     8,216   
  

 

 

 

Balance at end of year

     (25,810
  

 

 

 

Common stock held in treasury

  

Balance at beginning of year

     (70,514

Repurchases of common stock

     (32,476 ) 

Sale of common stock

     0   

Common stock issued to employees

     19,373   

Other net change in treasury stock

     667   
  

 

 

 

Balance at end of period

     (82,950 ) 
  

 

 

 

Total NHI shareholders’ equity

  
  

 

 

 

Balance at end of period

     2,369,007   
  

 

 

 

Noncontrolling interests

  

Balance at beginning of year

     24,612   

Net change during the period

     1,250   
  

 

 

 

Balance at end of period

     25,862   
  

 

 

 

Total equity

  
  

 

 

 

Balance at end of period

     2,394,869   
  

 

 

 


Table of Contents

Corrected

 

     Millions of yen  
     For the three months ended
June 30, 2013
 

Common stock

  

Balance at beginning of year

     594,493   
  

 

 

 

Balance at end of period

     594,493   
  

 

 

 

Additional paid-in capital

  

Balance at beginning of year

     691,264   

Gain (loss) on sales of treasury stock

     (4,315

Issuance and exercise of common stock options

     (6,092
  

 

 

 

Balance at end of period

     680,857   
  

 

 

 

Retained earnings

  

Balance at beginning of year

     1,136,523   

Net income attributable to NHI shareholders

     65,894   
  

 

 

 

Balance at end of period

     1,202,417   
  

 

 

 

Accumulated other comprehensive income (loss)
Cumulative translation adjustments

  

Balance at beginning of year

     (38,875

Net change during the period

     32,343   
  

 

 

 

Balance at end of period

     (6,532
  

 

 

 

Defined benefit pension plans

  

Balance at beginning of year

     (28,518

Pension liability adjustment

     1,024   
  

 

 

 

Balance at end of period

     (27,494
  

 

 

 

Non-trading securities

  

Balance at beginning of year

     9,998   

Net unrealized gain (loss) on non-trading securities

     (1,782
  

 

 

 

Balance at end of period

     8,216   
  

 

 

 

Balance at end of year

     (25,810
  

 

 

 

Common stock held in treasury

  

Balance at beginning of year

     (70,514

Repurchases of common stock

     (32,487 ) 

Sale of common stock

     0   

Common stock issued to employees

     19,373   

Other net change in treasury stock

     667   
  

 

 

 

Balance at end of period

     (82,961 ) 
  

 

 

 

Total NHI shareholders’ equity

  
  

 

 

 

Balance at end of period

     2,368,996   
  

 

 

 

Noncontrolling interests

  

Balance at beginning of year

     24,612   

Net change during the period

     1,250   
  

 

 

 

Balance at end of period

     25,862   
  

 

 

 

Total equity

  
  

 

 

 

Balance at end of period

     2,394,858   
  

 

 

 


Table of Contents

 

   ends   

 

     

For further information please contact:

 

Name

  

Company

   Telephone

Joey Wu

   Nomura Holdings, Inc.    81-3-3278-0591

Keiko Sugai

   Group Corporate Communications Dept.   

Nomura

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.