Nomura Real Estate Holdings, Inc.
3231・Prime Market・Real Estate
Nomura Real Estate Holdings, Inc.3231
Nomura Real Estate Holdings, Inc.3231
Reference Indicators
Market Cap
8,855¥100M
P/E (Forecast)
9.6x
P/B
1.0x
Dividend Yield (Forecast)
4.56%
ROE
10.7%
EV/EBITDA
14.0x
Financial Summary
Unit: ¥M
| Item | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|
Net Sales | 645,049 | 654,735 | 734,715 | 757,638 | 942,505 |
Gross Profit | 205,312 | 222,662 | 244,464 | 266,601 | 302,581 |
SG&A Expenses | 114,101 | 123,064 | 132,349 | 147,643 | 164,339 |
Operating Income | 91,210 | 99,598 | 112,114 | 118,958 | 138,242 |
Non-operating Income | 1,846 | 6,050 | 1,911 | 5,899 | 8,160 |
Non-operating Expenses | 10,499 | 11,527 | 15,777 | 18,117 | 21,595 |
Ordinary Income | 82,557 | 94,121 | 98,248 | 106,740 | 124,807 |
Extraordinary Income | — | 6,873 | 5,983 | — | 19,497 |
Extraordinary Losses | 1,505 | 12,905 | 7,578 | 2,450 | 34,826 |
Pre-tax Income | 81,052 | 88,088 | 96,653 | 104,289 | 109,478 |
Income Taxes | 25,671 | 23,387 | 28,469 | 29,337 | 26,521 |
Net Income | 55,312 | 64,520 | 68,164 | 74,835 | 82,880 |
EBITDA | 110,707 | 120,622 | 132,929 | 140,983 | 169,013 |
Gross Margin | 31.8% | 34.0% | 33.3% | 35.2% | 32.1% |
Operating Margin | 14.1% | 15.2% | 15.3% | 15.7% | 14.7% |
ROA | 2.7% | 3.1% | 3.0% | 2.8% | 2.9% |
ROE | 9.2% | 10.1% | 10.1% | 10.4% | 10.7% |
Segment Performance
Unit: ¥M
2026
| Segment | Net Sales | Operating Income | Operating Margin |
|---|---|---|---|
| 住宅事業 | 431,723 | 60,588 | 14.0% |
| 都市開発事業 | 318,711 | 53,710 | 16.9% |
| 海外事業 | 3,718 | -4,723 | -127.0% |
| 資産運用事業 | 16,102 | 10,421 | 64.7% |
| 仲介・CRE事業 | 62,322 | 18,982 | 30.5% |
| 運営管理事業 | 109,653 | 13,493 | 12.3% |
| その他 | 275 | 94 | 34.2% |