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Nomura Research Institute, 7.8 times Increase in Net Income, Record High for The First Time in Two Years, Increased Previous Year's Dividend by 3 Yen, This Fiscal Year to Increase Dividend by 7 Yen

Fri Apr 24, 2026 3:30 pm JST Earnings

4307 Nomura Research Institute,Ltd. 【IFRS】

Earnings Report

Nomura Research Institute,Ltd. <4307> [TSE Prime] announced its financial results (based on IFRS) after the market closed on April 24th (15:30). The consolidated net income for the fiscal year ended March 2026 dropped by 83.7% from the previous period to 15.2 billion yen. For the fiscal year ending March 2027, the consolidated net income is expected to surge 7.8 times the previous term, reaching 119 billion yenExpected to reach record high profits for the first time in two years.

At the same time, the company increased the annual dividend for the previous term from 74 yen to 77 yen (compared to 63 yen in the prior term), and has decided to increase the dividend this fiscal year to 84 yen, an increase of 7 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated net income/loss turned to a loss of 67.9 billion yen (compared to a profit of 21.9 billion yen in the same period last year). The operating profit/loss margin drastically worsened from 16.6% in the same period last year to -28.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 736,556 120,411 117,224 79,643 136.9 53 Apr 25, 2024 IFRS
Mar, 2025 764,813 134,907 134,161 93,762 163.6 63 Apr 24, 2025 IFRS
Mar, 2026 814,708 58,273 58,851 15,257 26.6 77 Apr 24, 2026 IFRS
YoY +6.5% -56.8% -56.1% -83.7% -83.7%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Guidance 814,000 58,000 59,000 15,000 26.2 74 Apr 23, 2026 IFRS
Mar, 2026 Results 814,708 58,273 58,851 15,257 26.6 77 Apr 24, 2026 IFRS
Revision Rate +0.1% +0.5% -0.3% +1.7% +1.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 397,065 78,799 79,456 53,565 93.5 35 Oct 30, 2025 IFRS
Apr - Sep, 2026 Guidance 42 Apr 24, 2026 IFRS
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 764,813 134,907 134,161 93,762 163.6 63 Apr 24, 2025 IFRS
Mar, 2026 814,708 58,273 58,851 15,257 26.6 77 Apr 24, 2026 IFRS
Mar, 2027 Guidance 850,000 175,000 177,000 119,000 207.2 84 Apr 24, 2026 IFRS
YoY +4.3% +200.3% +200.8% +680.0% +678.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 196,568 32,554 32,574 21,967 38.3 16.6 Apr 24, 2025 IFRS
Apr - Jun, 2025 195,770 37,246 37,978 26,000 45.4 19.0 Jul 28, 2025 IFRS
Jul - Sep, 2025 201,295 41,553 41,478 27,565 48.1 20.6 Oct 30, 2025 IFRS
Oct - Dec, 2025 205,268 39,981 40,075 29,636 51.7 19.5 Jan 29, 2026 IFRS
Jan - Mar, 2026 212,375 -60,507 -60,680 -67,944 -118.6 -28.5 Apr 24, 2026 IFRS
YoY +8.0%

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