Notification of Impairment Charge on Equity-Method Investees
in Consolidated Financial Statements
Tokyo, January 27, 2009 – In accordance with the Rules on Timely Disclosure of Tokyo Stock Exchange, Nomura Holdings, Inc. today announced that it has recorded an impairment charge on its investments in the shares of equity-method investees in its consolidated financial statements for the third quarter of the fiscal year ending March 31, 2009.
The impairment is due mainly to a decline in the share price of a US fund management firm which a US subsidiary of Nomura invests in. The impact for the third quarter of the fiscal year ending March 31, 2009, has been reflected in Nomura Holdings' consolidated financial statements announced today. The impairment shown below is the cumulative amount for the current fiscal year ending March 31, 2009, and includes the 23.3 billion yen impairment recorded in the first quarter.
(billions of yen, except percentages)
| (A) Impairment on Investments in Equity-method Investees on Consolidated Financial Statements for the year ending March 31, 2009 | 88.4 |
| (B) Net Assets as of March 31, 2008 (A)/(B) |
1,988.1(4.4%) |
| (C) Average of income (loss) from continuing operations before income taxes for the five fiscal years ended March 31 between 2004 and 2008 (A)/(C) |
251.0 (35.2%) |
| (D) Average of income (loss) from continuing operations for the five fiscal years ended March 31 between 2004 and 2008 (A)/(D) |
149.4 (59.2%) |
Ends
Notes to editors:
Nomura
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: domestic retail, global markets, global investment banking, global merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com.
