Nomura Research Institute,Ltd.

Nomura Research Institute,Ltd.

34.80
EUR
+1.20
(+3.57%)
13.56BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
535.35
559.39
564.65
570.82
650.38
709.66
834.57
919.63
1,032.17
1,169.37
1,266.08
1,334.23
1,416.14
- -
Basic EPS, GAAP
43.73
53.57
57.14
60.59
76.07
72.11
91.86
88.34
120.57
128.92
136.9
163.57
26.52
- -
Free Cash Flow per Basic Share
-0.71
36.33
46.13
30.06
48.23
43.68
134.86
92.85
93.09
108.46
158.97
140.6
176.13
- -
Dividend per Share
14.53
16.72
22.04
24.57
28.72
30.26
30.62
33.93
38.22
42.86
47.41
58.12
68.69
- -
Book Value per Share
457.86
536.28
550.37
585.24
588.53
552.12
418.35
547.66
575.59
674.35
693.33
758.67
755.4
- -
Tangible Book Value per Share
398.83
459.91
463.55
451.59
443.32
431.28
278.86
400.06
218.15
273.32
232.88
289.82
403.75
- -
Basic Weighted Avg Shares
721
726
746
744
725
706
634
598
593
592
582
573
575
572
Sales/Revenue/Turnover
385,932
405,984
421,439
424,548
471,488
501,243
528,721
550,337
611,634
692,165
736,556
764,813
814,708
- -
Operating Margin (%)
12.91
12.68
13.83
13.78
13.82
14.25
16.19
14.66
17.33
16.09
16.24
17.52
7.02
- -
Depreciation Expense
34,118
25,800
32,598
28,476
31,941
30,427
39,383
40,911
41,941
45,092
48,157
48,910
51,275
- -
Net Income, GAAP
31,527
38,880
42,648
45,064
55,145
50,931
58,195
52,867
71,445
76,307
79,643
93,762
15,257
- -
Effective Tax Rate (%)
40.17
32.52
31.32
32.38
31.94
32.85
30.87
26.02
31.41
29.5
31.62
29.65
73.18
- -
Profit Margin (%)
8.17
9.58
10.12
10.61
11.7
10.16
11.01
9.61
11.68
11.02
10.81
12.26
1.87
- -
Working Capital
128,280
185,357
172,639
184,363
136,142
144,158
103,008
149,018
35,303
150,855
190,536
179,942
228,039
- -
LT Debt
52,512
51,623
43,125
49,745
35,255
89,850
127,447
129,399
121,227
208,145
274,300
222,714
213,114
- -
Total Equity
331,406
403,466
425,406
447,296
432,672
399,382
264,726
333,206
342,486
402,405
403,021
437,958
438,002
- -
Return on Invested Capital (%)
7.85
7.99
8.22
7.78
8.46
9.13
12.45
12.68
12.99
12.45
11.95
13.02
2.18
- -
Return on Capital (%)
8.59
8.89
8.9
9.31
10.67
9.88
12.7
13.51
13.47
12.98
12.47
13.79
2.31
- -
Return on Common Equity (%)
10.14
10.78
10.62
10.63
12.88
12.63
18.31
18.23
21.33
20.67
19.95
22.5
3.52
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
52,612
23,014
- -
LT Borrowings
190,089
192,245
- -
LT Finance Leases
22,601
20,869
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
573
574
560
Market Capitalization
3,243,095
2,486,547
2,577,985

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
466,465
501,060
- -
Cash, Cash Equivalents & STI
197,264
194,595
- -
Accounts Receivable, Net
155,666
214,389
- -
Inventories
- -
- -
- -
Total Current Liabilities
270,664
273,021
- -
Payables & Accruals
- -
- -
- -
ST Debt
52,612
23,014
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.55%
5.82%
0.01%
Free Cash Flow
22.41%
14.52%
25.73%
Net Income, GAAP
0.58%
-3.94%
-83.73%
Sales/Revenue/Turnover
6.88%
8.22%
6.52%
Total Cash Common Dividend
9.48%
14.33%
18.62%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
764,813
2026
- -
- -
- -
- -
814,708
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
163.57
2026
- -
- -
- -
- -
26.52
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
58.12
2026
- -
- -
- -
- -
68.69
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kaga Yanagisawa
Full Time Employees
16,894
Sector
Technology services
Industry
Information technology services
Address
Otemachi Financial City Grand Cube Tokyo TY Japan 100-0004
IPO Date
Dec 17, 2001
Website
nri.com
Business
Nomura Research Institute, Ltd. (NRI) provides comprehensive research, consulting, and information technology services to the financial, retail, distribution, manufacturing, and government sectors. The company offers management consulting; IT consulting, including system development, maintenance, and operation; system solutions such as cloud-based platforms and digital transformation services; and research activities focused on economic analysis, industry trends, and emerging technologies like AI and cybersecurity. NRI serves enterprise clients across Japan and internationally, with key operations in Asia, Europe, and the Americas. Founded in 1965 and headquartered in Tokyo, Japan, NRI operates as the research arm of Nomura Holdings, Inc., with subsidiaries including Nomura Research Institute America, Inc. and NRI Europe Ltd. to support global expansion. Its core brands encompass NRI Secure Platform for secure IT infrastructure, NRI Cloud Solutions for scalable computing, and specialized financial systems like NOMURA-LINK for securities trading and asset management. In recent developments, NRI announced a strategic partnership with Microsoft in 2024 to accelerate generative AI adoption for Japanese enterprises, enhancing its consulting offerings with Azure-based solutions. The company completed the acquisition of a majority stake in a leading Indian IT firm in early 2025, bolstering its Asia-Pacific presence and system integration capabilities. Additionally, NRI launched its next-generation digital banking platform in late 2024, targeting regional banks amid Japan's fintech evolution.

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