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Nomura Real Estate Holdings, Inc. (3231.T)
JPY951.60
+7.20 (+0.76%)
JP JPX Real Estate Real Estate - Development
Address
Shinjuku Nomura Building 163-0566
Tokyo, JP
Tokyo, JP
CEO
Eiji Kutsukake
Website
nomura-re-hd.co.jp
IPO
2006-10-03
ISIN JP3762900003
Also trades on
Other OTC · NMEHF (USD)
Tokyo Stock Exchange · 3231.T (JPY)
Description
Nomura Real Estate Holdings, Inc. operates as a real estate company in Japan and internationally. The company develops, leases, and manages office buildings, commercial facilities, logistics facilities, hotels, and other properties; develops and sells condominiums and houses; operates housing with services for the elderly; develops rental properties; provides Internet advertising services for housing and living assistance services; and offers consignment services for planning and management for commercial facilities. It also provides asset management services for real estate securitization, including REITs and private placement funds; and real estate brokerage and consulting, insurance agency, and real estate information website management services. In addition, the company engages in the management of properties, such as condominiums and educational facilities; provision of renovation and repair work for tenants; remodeling of condominiums and housing; and provision of cleaning services for condominiums and office buildings. Further, it participates in, promotes, and supports urban development projects and reconstruction of housing complexes; and manages fitness clubs. Nomura Real Estate Holdings, Inc. was founded in 1957 and is headquartered in Tokyo, Japan.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
JPY951.60
+7.20 (+0.76%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.25
Float Shares
510.19M
Free Float %
59.7%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.63% | -0.81% | -10.56% | -21.75% | -5.08% | -5.97% | +7.30% | +33.57% | +62.02% | +131.57% | +10.39% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
951.60
Ratings Trend (MoM)
60% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 3 | -1 |
| Hold | 4 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
0.99
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Real Estate - Development: +9.7%+24.4% ★ Q1'26: +94.3% (vs Q1'25)
-
EPS growth Real Estate - Development: +20.5%+11.5% Q1'26: +223.9% (vs Q1'25)
-
FCF margin FCF growth · Real Estate - Development: +16.2%+5.4% Q1'26: +34.6% (vs Q1'25)
-
EBIT margin Real Estate - Development: +19.8%+13.6% Q1'26: +18.1% (vs Q1'25)
-
ROIC Real Estate - Development: +3.2%+4.4% ★ Q1'26: +7.9% (vs Q1'25)
-
Share dilution Real Estate - Development: +0.0%-0.6% ★ Q1'26: -0.8% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Real Estate - Development: 1.93×10.14× Q1'26: 5.49× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 11 Rev. Ana. 11 EPS Ana. |
Mar 2027 11 Rev. Ana. 11 EPS Ana. |
Mar 2028 10 Rev. Ana. 10 EPS Ana. |
Mar 2029 9 Rev. Ana. 9 EPS Ana. |
Mar 2030 4 Rev. Ana. 3 EPS Ana. |
Mar 2031 3 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
567.16B
est: 564.99B (+0.4%)
|
569.55B
est: 575.85B (-1.1%)
|
569.68B
est: 582.53B (-2.2%)
|
623.76B
est: 645.83B (-3.4%)
|
668.51B
est: 672.60B (-0.6%)
|
676.50B
est: 706.13B (-4.2%)
|
580.66B
est: 585.08B (-0.8%)
|
645.05B
est: 670.27B (-3.8%)
|
654.74B
est: 668.15B (-2.0%)
|
734.72B
est: 726.26B (+1.2%)
|
757.64B
est: 761.93B (-0.6%)
|
935.39B
909.60B – 960.22B
+22.8% YoY
|
1.03T
951.69B – 1.08T
+10.3% YoY
|
1.06T
982.64B – 1.14T
+2.7% YoY
|
1.09T
1.08T – 1.10T
+2.8% YoY
|
1.08T
995.13B – 1.14T
-1.2% YoY
|
1.08T
1.00T – 1.15T
+0.6% YoY
|
| EBITDA |
82.43B
est: 100.06B (-17.6%)
|
95.08B
est: 101.99B (-6.8%)
|
93.99B
est: 103.17B (-8.9%)
|
94.14B
est: 114.38B (-17.7%)
|
93.63B
est: 119.12B (-21.4%)
|
102.07B
est: 125.06B (-18.4%)
|
92.25B
est: 103.62B (-11.0%)
|
109.37B
est: 118.71B (-7.9%)
|
118.90B
est: 118.33B (+0.5%)
|
131.19B
est: 128.29B (+2.3%)
|
141.03B
est: 134.58B (+4.8%)
|
165.22B
160.67B – 169.61B
+22.8% YoY
|
182.16B
168.10B – 191.59B
+10.3% YoY
|
187.10B
173.57B – 201.49B
+2.7% YoY
|
192.35B
190.64B – 194.06B
+2.8% YoY
|
189.97B
175.78B – 202.22B
-1.2% YoY
|
191.12B
176.84B – 203.45B
+0.6% YoY
|
| EBIT |
66.91B
est: 83.01B (-19.4%)
|
78.79B
est: 84.60B (-6.9%)
|
76.85B
est: 85.58B (-10.2%)
|
75.06B
est: 94.88B (-20.9%)
|
74.16B
est: 98.82B (-25.0%)
|
81.88B
est: 103.74B (-21.1%)
|
71.84B
est: 85.96B (-16.4%)
|
89.88B
est: 98.47B (-8.7%)
|
98.31B
est: 98.16B (+0.1%)
|
110.75B
est: 106.85B (+3.7%)
|
120.14B
est: 112.09B (+7.2%)
|
137.61B
133.82B – 141.26B
+22.8% YoY
|
151.72B
140.01B – 159.57B
+10.3% YoY
|
155.83B
144.56B – 167.82B
+2.7% YoY
|
160.20B
158.78B – 161.62B
+2.8% YoY
|
158.22B
146.40B – 168.43B
-1.2% YoY
|
159.18B
147.28B – 169.45B
+0.6% YoY
|
| Net Income |
38.44B
est: 162.31B (-76.3%)
|
47.18B
est: 37.65B (+25.3%)
|
47.01B
est: 39.67B (+18.5%)
|
46.03B
est: 40.15B (+14.6%)
|
45.87B
est: 42.77B (+7.2%)
|
48.89B
est: 45.25B (+8.0%)
|
42.20B
est: 37.31B (+13.1%)
|
55.31B
est: 50.30B (+10.0%)
|
64.52B
est: 59.08B (+9.2%)
|
68.16B
est: 335.11B (-79.7%)
|
74.84B
est: 73.61B (+1.7%)
|
76.05B
74.87B – 77.22B
+3.3% YoY
|
88.99B
80.93B – 100.09B
+17.0% YoY
|
94.52B
85.85B – 111.22B
+6.2% YoY
|
97.56B
86.65B – 109.45B
+3.2% YoY
|
97.05B
87.62B – 105.18B
-0.5% YoY
|
98.25B
88.70B – 106.48B
+1.2% YoY
|
| SGA |
—
est: 88.75B (-100.0%)
|
—
est: 90.45B (-100.0%)
|
—
est: 91.50B (-100.0%)
|
—
est: 101.44B (-100.0%)
|
—
est: 105.65B (-100.0%)
|
—
est: 110.91B (-100.0%)
|
—
est: 91.90B (-100.0%)
|
—
est: 105.28B (-100.0%)
|
—
est: 104.95B (-100.0%)
|
—
|
—
|
—
— – —
|
—
— – —
|
—
— – —
|
—
— – —
|
—
— – —
|
—
— – —
|
| EPS |
201.28
est: 188.11 (+7.0%)
|
246.42
est: 43.64 (+464.7%)
|
245.10
est: 45.98 (+433.1%)
|
240.88
est: 46.54 (+417.6%)
|
245.98
est: 49.57 (+396.2%)
|
267.20
est: 52.44 (+409.5%)
|
46.50
est: 43.25 (+7.5%)
|
61.56
est: 58.30 (+5.6%)
|
73.05
est: 68.48 (+6.7%)
|
78.46
est: 393.50 (-80.1%)
|
86.77
est: 85.00 (+2.1%)
|
88.39
87.33 – 90.08
+4.0% YoY
|
103.22
94.40 – 116.75
+16.8% YoY
|
109.99
100.14 – 129.73
+6.6% YoY
|
114.43
101.07 – 127.67
+4.0% YoY
|
113.20
102.20 – 122.69
-1.1% YoY
|
114.60
103.47 – 124.21
+1.2% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-28 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-27 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-26 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-25 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-22 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-21 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-20 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-19 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-18 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-15 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-14 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-13 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-12 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-11 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-08 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-07 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-01 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-30 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-28 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-27 | B | 3/5 | 1/5 | 4/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-24 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-17 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | B- | 3/5 | 1/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
204.91B
OE per share TTM
239.51
Owner's Yield
26.31%
Maintenance CapEx ratio
445.67%
Maint CapEx / Avg PPE
109.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 142 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares Asia Property Yield UCITS ETF AYEP.DE | 0.94% | 230.0K | 0.59% |
| 2 | iShares Asia Property Yield UCITS ETF IDAR.L | 0.94% | 1.82M | 0.59% |
| 3 | State Street SPDR S&P International Dividend ETF DWX | 0.90% | 4.64M | 0.45% |
| 4 | UBS S&P Dividend Aristocrats ESG Elite UCITS ETF USD dis UBUM.DE | 0.73% | 1.51M | 0.30% |
| 5 | State Street SPDR S&P Pan Asia Dividend Aristocrats UCITS ETF (Dist) ASDV.L | 0.65% | 1.58M | 0.55% |
| 6 | iShares International Developed Real Estate ETF IFGL | 0.42% | 339.5K | 0.48% |
| 7 | FlexShares Global Quality Real Estate Index Fund GQRE | 0.37% | 1.55M | 0.46% |
| 8 | Xtrackers International Real Estate ETF HAUZ | 0.31% | 3.27M | 0.10% |
| 9 | Vanguard Global ex-U.S. Real Estate ETF VNQI | 0.28% | 10.67M | 0.12% |
| 10 | TD Active Global Real Estate Equity ETF TGRE.TO | 0.26% | 181.0K | 0.73% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
14.70M
Shares Outstanding
854.20M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Satoshi Arai | President, Group Chief Executive Officer, Executive Officer & Representative Director | 116M | male |
| Daisaku Matsuo | Executive Vice President, Group Chief Operating Officer, Executive Officer and Representative Director | 104M | male |
| Makoto Haga | Executive Vice President, Executive Officer of Supervisor of Management Division & Director | 75M | male |
| Hiroshi Kurokawa | Executive Officer & Director | 66M | male |
| Eiji Kutsukake | Executive Chairman | 64M | male |
| Naoko Usami | Executive Officer of Corporate Communications Dept. & Sustainability Management Dept. | — | female |
| Shigeyuki Yamamoto | Executive Officer | — | male |
| Toshihide Tsukasaki | Group Chief Financial Officer and Executive Officer of Investor Relations, Finance & Treasury Dept. | — | male |
| Yuichi Masuda | Executive Officer of Group Legal, Compliance, Administration, Secretariat, & Group General Affairs | — | — |
| Haruhiko Nakamura | Executive Officer & Head of Residential Division | — | — |
| Kazuhiro Toida | Executive Officer & Head of Operations Management | — | — |
| Masaomi Katayama | Executive Officer & Head of Asset Management | — | — |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for 3231.T
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
