Company profile

Nomura Research Institute,Ltd.

EDINET
E05062
Securities
4307
Latest annual securities report
2026-06-15 Annual Securities Report PDF HTML
Latest financial report
—
Latest filing
2026-09-07 Treasury Share Repurchase Status Report PDF HTML

Industry position

Information & Communication

View details
Profitability Below average Current Bottom 31% 5-year trend Deteriorating
Financial strength Weak Based on Equity ratio Current Bottom 22% 5-year trend Broadly stable
Growth Below average Current Bottom 40% 5-year trend Deteriorating
Cash generation Strong Current Top 28% 5-year trend Improving

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Consolidated · IFRS · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2026

Consolidated IFRS

Revenue reached ¥814.71 billion, up 6.5% year over year. Operating income was ¥58.27 billion, down 56.8% year over year. Operating margin was 7.2%. Net income was ¥15.26 billion, down 83.7% year over year. ROE was 3.5%; equity ratio was 45.2%; free cash flow was ¥50.59 billion.

Revenue ¥814.71B up 6.5% year over year
Operating income ¥58.27B down 56.8% year over year
Net income ¥15.26B down 83.7% year over year
Total assets¥959.79B
Total equity¥438B
Operating cash flow¥147.64B
Free cash flow¥50.59B

Industry position details

Information & Communication

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Below average

Operating margin Bottom 60% / ROE Bottom 81%

Financial strength Weak
Based on Equity ratio

Equity ratio Bottom 79%

Growth Below average

Revenue growth Bottom 59% / 3-year revenue CAGR Bottom 63%

Cash generation Strong

Operating cash flow margin Top 19% / Free cash flow margin Top 38%

Profitability Industry position history Deteriorating
2026 Bottom 31% 2025 Top 19% 2024 Top 19% 2023 Top 20% 2022 Top 18%
Financial strength Industry position history Broadly stable
2026 Bottom 22% 2025 Bottom 27% 2024 Bottom 20% 2023 Bottom 24% 2022 Bottom 17%
Growth Industry position history Deteriorating
2026 Bottom 40% 2025 Bottom 41% 2024 Top 49% 2023 Top 37% 2022 Top 42%
Cash generation Industry position history Improving
2026 Top 28% 2025 Top 26% 2024 Top 21% 2023 Top 26% 2022 Bottom 49%
Profitability Operating margin 7.2% Industry median 8.9% Bottom 60% Comparison sample 344
Profitability ROE 3.5% Industry median 11.4% Bottom 81% Comparison sample 347
Financial strength Equity ratio 45.2% Industry median 66.2% Bottom 79% Comparison sample 347
Growth Revenue growth +6.5% Industry median +8.7% Bottom 59% Comparison sample 329
Growth 3-year revenue CAGR +5.6% Industry median +7.9% Bottom 63% Comparison sample 278
Cash generation Operating cash flow margin 18.1% Industry median 8.2% Top 19% Comparison sample 344
Cash generation Free cash flow margin 6.2% Industry median 4.1% Top 38% Comparison sample 344

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2026 Consolidated IFRS 814708000000 58273000000 58851000000 15257000000 15257000000 31942000000 959794000000 438002000000 433905000000 433905000000 147641000000 -97047000000 -90781000000 50594000000 132620000000 26.62 162.7 4331.074 2517399996012.814 581241511 0.4520813841 0.452 0.0351620746 0.0158961194 0.0715262401 0.0187269549 0.181219529 0.0621007772 0.0652381693 -0.568050583 -0.561340479 -0.8372794949 0.0337027101 -0.0003110312 0.1339902916 -1.0392309309 -0.0397072634 -0.3875263298 -0.2133905111 -0.8372562206 0.0 0.0128904611 16894
FY2025 Consolidated IFRS 764813000000 134907000000 134161000000 93762000000 93762000000 87630000000 928501000000 437959000000 434040000000 434040000000 130196000000 -47590000000 -87314000000 82606000000 168597000000 163.57 29.6 4841.672 2814180749046.392 581241511 0.4674631476 0.467 0.2160215648 0.1009821206 0.1763921377 0.1225946735 0.1702324621 0.1080081013 0.0383636818 0.1203876722 0.1444840647 0.1772786058 0.0062073771 0.0863710541 -0.0849118269 0.1091685074 -0.8352916448 -0.0703280626 -0.0306896254 0.1948137327 0.0007654999 -0.0017356955 16679
FY2024 Consolidated IFRS 736556000000 120411000000 117224000000 79643000000 79643000000 88892000000 922773000000 403021000000 399532000000 399532000000 142277000000 -53422000000 -47575000000 88855000000 173935000000 136.9 31.0 4243.90 2464844010592.90 580796911 0.4329688883 0.433 0.1993407287 0.0863083337 0.1634784049 0.1081289135 0.1931652176 0.1206357697 0.064133552 0.0767132842 0.0804154877 0.0437181386 0.1008668327 0.0013182759 0.1966206612 0.1269488479 -0.0590814986 0.5397078445 0.3456524598 0.061898852 -0.0216546491 -0.039438887 16708
FY2023 Consolidated IFRS 692165000000 111832000000 108499000000 76307000000 76307000000 80782000000 838224000000 402406000000 399006000000 399006000000 118899000000 -61190000000 -44921000000 57709000000 129257000000 128.92 23.8 3068.296 1821500799519.632 593652242 0.4760135716 0.476 0.1912427382 0.0910341388 0.1615684122 0.1102439447 0.1717784054 0.0833746289 0.1316653423 0.0528535653 0.0365717343 0.068052348 0.0615066073 0.1757602546 0.2115613887 0.5312799222 -4.6186366479 2.7805924098 0.1180434218 0.0692543751 -0.0279095394 0.0534156977 17394
FY2022 Consolidated IFRS 611634000000 106218000000 104671000000 71445000000 71445000000 83580000000 789655000000 342486000000 339360000000 339360000000 98137000000 -130547000000 -7995000000 -32410000000 115610000000 120.57 33.3 4014.981 2451934844266.500 610696500 0.4297572991 0.43 0.2105286421 0.0904762206 0.1736626806 0.1168100531 0.1604505309 -0.052989206 0.1113808448 0.3154257691 0.4726837847 0.3514101424 0.2532217108 0.0268234013 0.327413399 -5.3625597037 -2.1663366337 -1.6067811207 -0.2453014943 0.0592111043 0.0011418033 0.2294862249 16512
FY2021 Consolidated IFRS 550337000000 80748000000 86022000000 71075000000 52867000000 52867000000 81882000000 630100000000 356302000000 333206000000 330495000000 330495000000 73931000000 -20518000000 -2525000000 53413000000 153187000000 113.83 30.1 3426.283 2090032630000.000 585.12 610000000 0.5245119822 0.56 0.1599630857 0.0839025551 0.1467246433 0.1563078623 0.0960629578 0.1343376876 0.0970550772 0.0405844125 -0.0292144557 0.0176746167 -0.2368641377 0.1818415421 0.150936957 -0.2807358907 -2.1162006311 0.9819458447 -0.5591859304 0.5200440572 0.0409693644 -0.046875 0.0114475072 13430
FY2020 Consolidated IFRS 528873000000 83178000000 84528000000 69276000000 69276000000 43760000000 533151000000 245997000000 287153000000 272517000000 287153000000 102787000000 18382000000 -139857000000 121169000000 100778000000 109.35 20.9 2285.415 1462665600000.000 455.1 640000000 0.5385960075 0.509 0.2412511797 0.1299369222 0.1572740526 0.1598266503 0.1309879688 0.1943510068 0.2291079333 0.0551229643 0.1642731167 0.1673686973 0.3601932026 -0.1291114552 -0.3243967513 0.8241140038 2.0924759301 -0.9130714305 2.0657844799 -0.1819967532 -0.4945222577 1.547162302 0.055652727 13278
FY2019 Consolidated IFRS 501243000000 71442000000 72409000000 50931000000 50931000000 43202000000 612192000000 187160000000 425032000000 385739000000 425032000000 56349000000 -16826000000 -73106000000 39523000000 123200000000 216.33 23.3 5040.489 1266473266140.000 1763.12 251260000 0.694278919 0.671 0.1198286247 0.083194488 0.1425296712 0.1444588752 0.101609399 0.1124185275 0.078849979 0.0631087111 0.0967791458 0.0944362993 -0.0764167196 -0.062020528 -0.0179096684 -0.2332739172 0.0590537971 -0.5611266523 -0.2892952833 -0.2217456397 -0.0520573156 -0.0102297765 12578
FY2018 Consolidated Japanese GAAP 471488000000 65138000000 66161000000 55145000000 55145000000 51763000000 652671000000 219888000000 432783000000 385645000000 432783000000 73493000000 -17882000000 -46829000000 55611000000 158303000000 228.21 22.1 5043.441 1760.58 0.6630951888 0.642 0.1274195151 0.0844912674 0.1381540994 0.1403238258 0.1169594984 0.1558745928 0.1179478587 0.1105646476 0.1132036778 0.0962156609 0.2237040653 0.0377251393 -0.0324482391 0.2019068801 0.4106324775 -0.3642031054 0.8052002857 0.0411177828 0.2554877042 0.0950452391 12708
FY2017 Consolidated Japanese GAAP 424548000000 58514000000 60354000000 45064000000 45064000000 46903000000 628944000000 181646000000 447297000000 396339000000 447297000000 61147000000 -30341000000 -34327000000 30806000000 152051000000 181.77 22.6 4108.002 1750.81 0.7111873235 0.691 0.1007473781 0.0716502582 0.1378265826 0.1421606037 0.1061458304 0.1440284726 0.0725618776 0.0073771056 0.0037567544 -0.0106063835 0.0566497843 0.0116600584 0.0514516618 -0.2494537867 0.5973003822 -4.6807849024 4.0287300033 -0.0187029281 -0.0360608792 0.0788323882 11605

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Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp