Notification of Impairment Charge on Investments in Subsidiaries and Affiliates in Unconsolidated Financial Statements
Tokyo, April 24, 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 investment in the shares of subsidiaries and affiliates in its unconsolidated financial statements for the fiscal year ended March 31, 2009.
The impairment is mainly due to a decrease in the net asset value of shares of a regional holding company in Europe, a trading entity in Europe, and a subsidiary investing in a US fund management firm. The impact for the fiscal year ended March 31, 2009, has been reflected in Nomura Holdings' consolidated financial statements announced today. The impairment shown below is the cumulative amount for the fiscal year ended March 31, 2009, and includes the 264.4 billion yen impairment recorded in the third quarter.
(billions of yen, except percentages)
| (A) Impairment of Investments in Subsidiaries and Affiliates on Unconsolidated Financial Statements for the year ending March 31, 2009 | 556.8 |
| (B) Net Assets as of March 31, 2008 (A)/(B) |
1,423.7(39.1%) |
| (C) Ordinary income for the fiscal year ended March 31, 2008 (A)/(C) |
246.2 (226.1%) |
| (D) Net income for the fiscal year ended March 31, 2008 (A)/(D) |
54.0 (1,031.3%) |
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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 over 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: retail, global markets, investment banking, merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com.
