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Nomura Research Institute,Ltd. posts unexpected net profit decline for fiscal year ending March 2026 due to impairment losses from business plan revisions in Australia and North America

Thu Apr 23, 2026 4:51 pm JST Catalyst

Nomura Research Institute,Ltd. <4307> announced after the close of trading on the 23rd that its consolidated net profit for the fiscal year ending March 2026 appears to have landed at 15.0 billion yen (down 84.0% from the previous year), compared to the previous forecast of 104.0 billion yen (up 10.9%). The company reversed from an expected profit increase to a significant decline. As a result of revising the business plans of its group companies NRI Australia and Core BTS in North America, the company expects to record impairment losses of 96.9 billion yen on goodwill and other assets. For NRI Australia, the revision reflects deteriorating performance due to reduced orders in the consulting and managed services businesses. For Core BTS, the company factored in the struggles of its cloud consulting business. Revenue appears to have reached 814.0 billion yen (up 6.4% from the previous year) against a forecast of 810.0 billion yen. The company is scheduled to announce its earnings results on the 24th.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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