Nomura Research Institute revenue and financials

4307 · TSE · JPY

¥5,189.00Change from previous close: +1.94%Absolute change: +¥99.00

Close · October 7, 2026

In the fiscal year ended March 2026, Nomura Research Institute reported revenue of ¥814.71B (+6.52% year over year). Net income was ¥15.26B, a net margin of 1.9%.

Annual revenue · 2026: ¥814.71B
  1. ¥692.17B2023
  2. ¥736.56B2024
  3. ¥764.81B2025
  4. ¥814.71B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+6.52%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
−83.73%
FY to Mar 2026 vs FY to Mar 2025
Net margin
1.9%
FY to Mar 2025: 12.3%

Financial data

Amounts in millions of JPY; per-share values in JPY; shares in millions.

Cash flow · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Operating cash flow147,641130,196142,277118,899—
Depreciation and amortization51,27548,91048,15745,092—
Capital expenditure-46,311-49,602-49,797-54,701—
Investing cash flow-97,047-47,590-53,422-61,190—
Financing cash flow-90,781-87,314-47,575-44,921—
Dividends paid-39,516-33,313-27,583-25,372—
Share repurchases0.0-30,306-68,427-20,156—
Debt issued0.02,91877,786124,562—
Debt repaid-42,879-24,681-18,889-49,183—
Effect of exchange rates4,210-6293,399859—
Net change in cash-40,187-4,70841,28012,788—
Free cash flow101,33080,59492,48064,198—