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Nomura Research Institute, Ltd. (4307.T)

JPY4,936.00 -127.00 (-2.51%)
JP JPX Technology Information Technology Services
Address Otemachi Financial City Grand Cube 100-0004
Tokyo, JP
CEO Shingo Konomoto
Website nri.com
IPO 2001-12-19
ISIN JP3762800005

Explore sections of this company profile

Also trades on Other OTC · NRILY (USD) Other OTC · NURAF (USD) Tokyo Stock Exchange · 4307.T (JPY)
Description

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solutions, industrial IT solutions, and IT platform services in Japan and internationally. Its Consulting segment offers management, organizational reform, and system consulting services for all aspects of IT management. The company’s Financial IT Solutions segment provides system consulting, development, and management solutions, as well as shared online and BPO services for financial institutions, including securities, insurance, and banking sectors. The Industrial IT Solutions segment offers system consulting, development, system management, and operation services to the distribution, manufacturing, service, and public sectors. The company’s IT Platform Services segment engages in the data center operation activities and construction of IT platforms and networks to the Financial IT and Industrial IT Solutions segments, as well as providing IT platform solutions and information security services to clients of various industries. Nomura Research Institute, Ltd. was founded in 1965 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 Loading…
Indicator 1D1W2W3W1M
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
Averages
Trend
Price
Levels
Draw
JPY4,936.00 -127.00 (-2.51%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.31
Float Shares
399.95M
Free Float %
69.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.93% +7.19% +21.25% +15.00% -19.44% -16.62% -9.97% +44.94% +43.90% +296.95% +548.75%
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
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4,936.00
DCF (Unlevered) 8,618.65 +74.6%
DCF (Levered) 8,832.70 +78.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 87% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 9 0
Hold 1 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.33
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
    +6.5% Q1'26: +8.0% (vs Q1'25)
  • EPS growth Information Technology Services: +16.7%
    -83.7% Q1'26: -408.7% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
    +16.9% Q1'26: +17.3% (vs Q1'25)
  • EBIT margin Information Technology Services: +9.0%
    +19.0% Q1'26: +17.4% (vs Q1'25)
  • ROIC Information Technology Services: +9.5%
    +17.1% Q1'26: +27.3% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    0.0% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    1.15× Q1'26: 1.17× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.28) × ERP
WACC = 92% × Ke + 8% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8,618.65 Current price: 4,936.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

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
3 Rev. Ana.
8 EPS Ana.
Mar 2027
12 Rev. Ana.
14 EPS Ana.
Mar 2028
16 Rev. Ana.
15 EPS Ana.
Mar 2029
8 Rev. Ana.
8 EPS Ana.
Mar 2030
4 Rev. Ana.
3 EPS Ana.
Mar 2031
3 Rev. Ana.
4 EPS Ana.
Revenue
405.98B
est: 408.33B (-0.6%)
421.44B
est: 425.04B (-0.8%)
424.55B
est: 424.34B (+0.0%)
471.49B
est: 465.73B (+1.2%)
501.24B
est: 501.40B (0.0%)
528.87B
est: 532.54B (-0.7%)
550.34B
est: 551.18B (-0.2%)
611.63B
est: 612.16B (-0.1%)
692.17B
est: 693.23B (-0.2%)
736.56B
est: 747.96B (-1.5%)
764.81B
est: 771.81B (-0.9%)
811.76B
776.59B – 837.85B
+5.2% YoY
854.09B
835.85B – 870.26B
+5.2% YoY
901.88B
844.06B – 942.12B
+5.6% YoY
956.01B
955.59B – 956.44B
+6.0% YoY
1.02T
974.34B – 1.05T
+6.5% YoY
1.07T
1.02T – 1.10T
+5.0% YoY
EBITDA
77.29B
est: 96.12B (-19.6%)
90.89B
est: 100.05B (-9.2%)
86.99B
est: 99.89B (-12.9%)
97.08B
est: 109.63B (-11.4%)
101.87B
est: 118.02B (-13.7%)
113.59B
est: 125.35B (-9.4%)
123.82B
est: 129.74B (-4.6%)
144.60B
est: 144.10B (+0.3%)
154.67B
est: 163.18B (-5.2%)
167.09B
est: 206.24B (-19.0%)
182.74B
est: 212.82B (-14.1%)
223.84B
214.14B – 231.03B
+5.2% YoY
235.51B
230.48B – 239.97B
+5.2% YoY
248.69B
232.74B – 259.78B
+5.6% YoY
263.61B
263.49B – 263.73B
+6.0% YoY
280.83B
268.66B – 289.86B
+6.5% YoY
294.88B
282.10B – 304.35B
+5.0% YoY
EBIT
51.49B
est: 68.56B (-24.9%)
58.30B
est: 71.37B (-18.3%)
58.52B
est: 71.25B (-17.9%)
65.14B
est: 78.20B (-16.7%)
71.44B
est: 84.19B (-15.1%)
83.18B
est: 89.42B (-7.0%)
82.91B
est: 92.55B (-10.4%)
102.66B
est: 102.79B (-0.1%)
109.58B
est: 116.40B (-5.9%)
118.94B
est: 163.61B (-27.3%)
133.83B
est: 168.82B (-20.7%)
177.56B
169.87B – 183.27B
+5.2% YoY
186.82B
182.83B – 190.36B
+5.2% YoY
197.28B
184.63B – 206.08B
+5.6% YoY
209.12B
209.02B – 209.21B
+6.0% YoY
222.78B
213.12B – 229.94B
+6.5% YoY
233.92B
223.78B – 241.44B
+5.0% YoY
Net Income
38.88B
est: 31.39B (+23.9%)
42.65B
est: 31.45B (+35.6%)
45.06B
est: 36.22B (+24.4%)
55.15B
est: 46.58B (+18.4%)
50.93B
est: 43.84B (+16.2%)
69.28B
est: 64.78B (+6.9%)
52.87B
est: 62.16B (-15.0%)
71.45B
est: 70.29B (+1.6%)
76.31B
est: 74.08B (+3.0%)
79.64B
est: 84.60B (-5.9%)
93.76B
est: 91.64B (+2.3%)
89.71B
88.47B – 90.96B
-2.1% YoY
123.43B
118.52B – 130.45B
+37.6% YoY
135.16B
127.03B – 144.09B
+9.5% YoY
149.47B
136.34B – 160.13B
+10.6% YoY
170.63B
161.02B – 177.76B
+14.2% YoY
185.53B
175.08B – 193.28B
+8.7% YoY
SGA
64.12B
est: 75.21B (-14.7%)
74.77B
est: 78.29B (-4.5%)
83.74B
est: 78.16B (+7.1%)
92.57B
est: 85.78B (+7.9%)
87.65B
est: 92.35B (-5.1%)
92.51B
est: 98.09B (-5.7%)
98.37B
est: 101.52B (-3.1%)
113.54B
est: 112.75B (+0.7%)
131.58B
est: 127.68B (+3.1%)
142.35B
est: 139.04B (+2.4%)
144.07B
est: 143.48B (+0.4%)
150.91B
144.37B – 155.75B
+5.2% YoY
158.77B
155.38B – 161.78B
+5.2% YoY
167.66B
156.91B – 175.14B
+5.6% YoY
177.72B
177.64B – 177.80B
+6.0% YoY
189.33B
181.13B – 195.41B
+6.5% YoY
198.80B
190.19B – 205.19B
+5.0% YoY
EPS
53.57
est: 54.76 (-2.2%)
57.14
est: 54.86 (+4.2%)
60.59
est: 63.19 (-4.1%)
76.07
est: 81.26 (-6.4%)
72.11
est: 76.48 (-5.7%)
91.86
est: 113.00 (-18.7%)
88.34
est: 108.44 (-18.5%)
120.57
est: 122.62 (-1.7%)
128.92
est: 129.22 (-0.2%)
136.90
est: 146.35 (-6.5%)
163.56
est: 161.05 (+1.6%)
156.69
154.36 – 158.70
-2.7% YoY
215.47
206.79 – 227.61
+37.5% YoY
238.80
221.63 – 251.40
+10.8% YoY
269.43
237.88 – 279.39
+12.8% YoY
297.70
280.93 – 310.14
+10.5% YoY
323.70
305.47 – 337.22
+8.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-28 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-27 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-26 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-25 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-22 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-21 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-20 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-19 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-18 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-15 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-14 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-13 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-12 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-11 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-08 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-07 B 3/5 5/5 3/5 3/5 2/5 1/5 2/5
2026-05-01 B- 2/5 5/5 2/5 3/5 1/5 1/5 2/5
2026-04-30 B- 2/5 5/5 2/5 3/5 1/5 1/5 2/5
2026-04-28 B- 2/5 5/5 2/5 3/5 1/5 1/5 2/5
2026-04-27 B- 2/5 5/5 2/5 3/5 1/5 1/5 2/5
2026-04-24 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-23 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-22 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-21 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-20 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-17 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
147.50B
OE per share TTM
257.47
Owner's Yield
5.13%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
11.4%

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 326 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 UBS MSCI Japan Climate Paris Aligned UCITS ETF ir-hEUR acc AW1Q.DE 3.11% 6.34M 0.15%
2 HSBC MSCI Japan Climate Paris Aligned UCITS ETF HPJP.L 3.09% 401.4K 0.18%
3 OneAscent International Equity ETF OAIM 2.94% 10.82M 0.95%
4 iShares MSCI Japan SRI UCITS ETF SUJP.L 2.92% 15.00M 0.20%
5 iShares MSCI Japan SRI UCITS ETF JPSG.L 2.92% 894.2K 0.25%
6 iShares MSCI Japan SRI UCITS ETF SUJD.AS 2.92% 1.33M 0.20%
7 Global X - Morningstar Global Technology ETF TECH.AX 1.64% 3.86M 0.45%
8 Neuberger Berman Japan Equity ETF NBJP 1.15% 1.49M 1.92%
9 UBS MSCI Japan Socially Responsible UCITS ETF JPY dis JPSR.L 0.87% 5.18M 0.19%
10 UBS MSCI Japan Socially Responsible UCITS ETF hEUR acc U1FB.DE 0.87% 5.18M 0.22%

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
9.17M
Shares Outstanding
574.40M

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

NameTitleCompensationGender
Kaga Yanagisawa President, Chief Executive Officer & Director 152M female
Ken Ebato Senior Executive Vice President, Head of Financial IT Solutions & Representative Director 110M male
Fumihiko Sagano Senior Executive Managing Director & Director 89M
Katsutoshi Murakami Senior Managing Director
Kuniaki Fujioka Investor Relations Department Executive male
Shigekazu Ohmoto Senior Executive Managing Directors
Sonoko Kitagawa Senior Managing Director
Tetsuro Watanabe Senior Corporate Managing Director
Tomohiko Noguchi Senior Corporate Managing Director
Yasushi Kobara Senior Managing Director
Akira Matsumoto Senior Corporate Managing Director
Yoshihiko Sunaga Head of Finance male
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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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits