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 2021

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):             

 

 

 

Information furnished on this form:

EXHIBIT

 

Exhibit Number
1.		Nomura Determines to Make Disposition of Treasury Shares as Stock Award

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 17, 2021		By:		/s/ Yoshifumi Kishida
				Yoshifumi Kishida
				Senior Managing Director

Nomura Determines to Make Disposition of Treasury Shares as Stock Award

Tokyo, May 17, 2021—Nomura Holdings, Inc. (the “Company”) today announced that its Executive Management Board has determined to make a disposition of treasury stock as outlined below (the “Decision”)¹.

 

1.	Purpose of Disposition of Treasury Stock

As the Company announced in “Nomura to Grant Restricted Stock Units (RSUs)” issued on April 27, 2021, the Company has determined to grant Restricted Stock Units (RSUs) based on the RSU plan (the “Plan”) for directors, executive officers, and employees of the Company and its subsidiaries (the “Allottees”) as deferred compensation using the Company’s treasury stock.

Under this Plan, in principle, after the expiration of a deferral period determined beforehand by the Company, the Company will dispose of and allot treasury stock in a number corresponding to the number of RSUs granted to each Allottee which number is determined beforehand by the Company, by having the Allottees make a contribution in kind to the Company of monetary compensation claims granted to the Allottees.

The allotment date for the disposition of treasury stock under the Decision corresponds to the above-mentioned deferral period and is generally a date that is approximately one, two or three years from the date of the Decision, respectively, for RSU No.22 to No.24. As for certain overseas employees who are subject to remuneration regulations in Europe, the allotment date is a date that is approximately four, five, six or seven years from the date of the Decision, respectively, for RSU No.25 to No.28.

 

2.	Number of Shares to be Allotted and Allottees

Shares to be Allotted to Directors and Executive Officers of the Company

 

		Directors and Executive Officers (Excluding Outside Directors)
		Number of Allottees				Number of Shares to be Allotted
RSU No.22			7				110,100
RSU No.23			7				109,800
RSU No.24			7				109,400

 

1	Allotment of the disposition of treasury stock to each of the Company’s directors and executive officers is in accordance with the decision made by the Compensation Committee.

Shares to be Allotted to Employees, etc.

 

		Employees of the Company								Directors, Executive Officers, and Employees of the Company’s Subsidiaries, etc.
		Number of Allottees				Number of Shares to be Allotted				Number of Allottees				Number of Shares to be Allotted
RSU No.22			30				457,300				2,230				19,789,000
RSU No.23			30				455,700				2,230				19,704,900
RSU No.24			31				517,900				2,234				19,688,700
RSU No.25			3				83,600				95				1,543,400
RSU No.26			3				83,600				95				1,539,000
RSU No.27			2				62,800				5				60,800
RSU No.28			2				62,800				5				60,600

(Note) The number of shares to be allotted above is based on the assumption that all monetary compensation claims to be granted to the Allottees in accordance with the Plan are contributed. The actual amount of monetary compensation claims to be contributed in kind will be calculated by deducting a certain amount to be granted in cash, the amount of which will be determined in consideration of withholding to be made by the Company with respect to the Plan based on each country’s tax regulations, from the amount of such monetary compensation claims, and hence the number of shares to be actually allotted is expected to decrease from the above numbers. In addition, the number of shares to be allotted is an estimated number at this point, and, if the Allottee’s continuous service is terminated prior to vesting date due to his/her own reasons, or any other certain events arise, the number of shares to be allotted may decrease without subscription of the Company’s shares.

3.	Summary of Disposition of Treasury Stock

 

		RSU No.22		RSU No.23		RSU No.24
1. Payment Period		April 20, 2022 to May 19, 2022		April 20, 2023 to May 19, 2023		April 20, 2024 to May 19, 2024
2. Class and Number of Shares to be Disposed		20,356,400 shares of common stock of the Company		20,270,400 shares of common stock of the Company		20,316,000 shares of common stock of the Company
3. Disposition Price		577 yen per share
4. Total Amount of Disposition Price		11,745,642,800 yen		11,696,020,800 yen		11,722,332,000 yen
5. Assets to be Contributed		Assets to be Contributed: assets other than cash (contribution-in-kind) Description of Assets: monetary compensation claims granted by the Company pursuant to the Decision
		Value of Assets to be Contributed: 11,745,642,800 yen (price per share is equivalent to the disposition price)		Value of Assets to be Contributed: 11,696,020,800 yen (price per share is equivalent to the disposition price)		Value of Assets to be Contributed: 11,722,332,000 yen (price per share is equivalent to the disposition price)
6. Method of Disposition		To be allotted as a stock award to the Allottees listed in 8 below
7. Method of Performance of Contribution		Through a contribution in kind of monetary compensation claims
8. Allottee and Number		Total of 2,267 Directors, Executive Officers, and employees, etc., of the Company and its subsidiaries		Total of 2,267 Directors, Executive Officers, and employees, etc., of the Company and its subsidiaries		Total of 2,272 Directors, Executive Officers, and employees, etc., of the Company and its subsidiaries
9. Other		Each Item above shall be subject to the effectiveness of the shelf registration statement and filing of the supplemental document to the shelf registration statement under the Financial Instruments and Exchange Act.

		RSU No.25		RSU No.26		RSU No.27		RSU No.28
1. Payment Period		April 20, 2025 to May 19, 2025		April 20, 2026 to May 19, 2026		April 20, 2027 to May 19, 2027		April 20, 2028 to May 19, 2028
2. Class and Number of Shares to be Disposed		1,627,000 shares of common stock of the Company		1,622,600 shares of common stock of the Company		123,600 shares of common stock of the Company		123,400 shares of common stock of the Company
3. Disposition Price		577 yen per share
4. Total Amount of Disposition Price		938,779,000 yen		936,240,200 yen		71,317,200 yen		71,201,800 yen
5. Assets to be Contributed		Assets to be Contributed: assets other than cash (contribution-in-kind) Description of Assets: monetary compensation claims granted by the Company pursuant to the Decision
		Value of Assets to be Contributed: 938,779,000 yen (price per share is equivalent to the disposition price)		Value of Assets to be Contributed: 936,240,200 yen (price per share is equivalent to the disposition price)		Value of Assets to be Contributed: 71,317,200 yen (price per share is equivalent to the disposition price)		Value of Assets to be Contributed: 71,201,800 yen (price per share is equivalent to the disposition price)
6. Method of Disposition		To be allotted as a stock award to the Allottees listed in 8 below
7. Method of Performance of Contribution		Through a contribution in kind of monetary compensation claims
8. Allottee and Number		Total of 98 Employees of the Company and Directors, Executive Officers, and employees, etc., of the Company’s subsidiaries		Total of 98 Employees of the Company and Directors, Executive Officers, and employees, etc., of the Company’s subsidiaries		Total of 7 Employees of the Company and Directors, Executive Officers, and employees, etc., of the Company’s subsidiaries		Total of 7 Employees of the Company and Directors, Executive Officers, and employees, etc., of the Company’s subsidiaries

When the number of issued and outstanding shares of the Company increases or decreases as a result of reverse stock split, stock split, or allotment of stock without contribution, etc., the number of shares to be disposed (including the number of shares to be allotted stated in “2. Number of Shares to be Allotted and Allottees” above) and the disposition price, etc., listed above could be reasonably adjusted according to the ratio of stock split, etc.

 

4.	Calculation Basis of Disposition Price and its Specific Content

Disposition price of the disposition of treasury stock based on the Decision is 577 yen, which is the closing price (rounded up into yen) of shares of common stock of the Company on the Tokyo Stock Exchange as of the business day immediately preceding the date of the Decision (May 14, 2021). The reason to adopt the closing price of such date is that the Company has determined that, in the circumstance where the shares of common stock of the Company are listed and no special condition exists that shows an impossibility to depend on the latest stock price, such stock price is a reasonable one, which reflects corporate performance and market’s supply/demand circumstance and excludes arbitrariness, and does not fall under an offering at a favorable price.

 

		ends

For further information please contact:

 

Name		Company		Telephone
Kenji Yamashita		Nomura Holdings, Inc. Group Corporate Communications Dept.		81-3-3278-0591

Nomura

Nomura is a global financial services group with an integrated 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, Wholesale (Global Markets and Investment Banking), and Investment Management. 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.