NRSCF (Nomura Holdings) Tax Rate %: 28.89% (As of Mar. 2026)

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NRSCF Nomura Holdings Inc NRSCF
64 GF Score
Price $9.50
GF Value $7.23
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nomura Holdings Tax Rate %?

Nomura Holdings NRSCF +7.95% 64 Tax Rate % is 28.89% as of Mar. 2026. GuruFocus rates NRSCF with a GF Score™ of 64/100 and a GF Value™ of $7.23 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nomura Holdings's Tax Expense for the three months ended in Mar. 2026 was $196 Mil. Nomura Holdings's Pre-Tax Income for the three months ended in Mar. 2026 was $679 Mil. Therefore, Nomura Holdings's Tax Rate % for the quarter that ended in Mar. 2026 was 28.89%.

Nomura Holdings Tax Rate % Related Terms

Nomura Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Nomura Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nomura Holdings Tax Rate % Chart

Nomura Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.34 38.67 35.29 26.42 30.65

Nomura Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.32 32.95 29.90 30.08 28.89
NRSCF
64GF Score
Nomura Holdings Inc NRSCF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Nomura Holdings's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=1042.577/3401.889
=30.65 %

Nomura Holdings's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=196.014/678.543
=28.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 28.89% mean?
Nomura Holdings (NRSCF) has a Tax Rate % of 28.89% as of Mar. 2026.
Is Nomura Holdings' Tax Rate % too high?
Nomura Holdings' current Tax Rate % is 28.89%. Overall, Nomura Holdings has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Holdings' Tax Rate % compare to MS and GS?
Nomura Holdings' Tax Rate % of 28.89% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Capital Markets company?
A good Tax Rate % depends on the Capital Markets industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Nomura Holdings's current Tax Rate % is 28.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Holdings (NRSCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.23, compared to a current price of $9.50 — trading 31.4% above its estimated fair value. The current Tax Rate % is 28.89%. Nomura Holdings' overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Nomura Holdings (NRSCF), the current Tax Rate % is 28.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nomura Holdings (NRSCF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Holdings stock appears to be overvalued. The current stock price of $9.50 is trading 31.4% above its estimated GF Value™ of $7.23. GuruFocus considers Nomura Holdings to be Significantly Overvalued.

Key valuation signals for NRSCF:

  • Tax Rate %: 28.89%
  • GF Value™: $7.23 vs. price of $9.50 (31.4% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the NRSCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nomura Holdings Business Description

Address 13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura Holdings Inc is a financial services group in Japan and operates offices in countries and regions world-wide, including Japan, the U.S., the U.K., Singapore, and the Hong Kong Special Administrative Region ("Hong Kong") through its subsidiaries. The company's clients include individuals, corporations, financial institutions, governments, and governmental agencies. The company's business consists of Wealth Management*, Investment Management, and Wholesale. The company generates the majority of its revenue from the wholesale segment. The Wholesale Division consists of two businesses, Global Markets, which is mainly engaged in the trading, sales, and structuring of financial products, and Investment Banking, which is engaged in advisory, financing, and solutions businesses.
64GF Score

Get the complete analysis for NRSCF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.50
Price
$7.23
GF Value