Nomura Research Institute, Ltd.

4307・Prime Market・Information & Communication

Official website

Nomura Research Institute, Ltd.

4307・Prime Market・Information & Communication

Official website

Nomura Research Institute, Ltd.4307

Reference Indicators

Market Cap

29,672¥100M

P/E (Forecast)

24.6x

P/B

6.8x

Dividend Yield (Forecast)

1.65%

ROE

3.5%

EV/EBITDA

26.0x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	611,634	692,165	736,556	764,813	814,708
Cost of Sales	395,562	452,336	475,549	489,517	514,556
Gross Profit	216,071	239,829	261,006	275,295	300,151
SG&A Expenses	113,536	131,580	142,353	144,071	145,642
Operating Income	106,218	111,832	120,411	134,907	58,273
Pre-tax Income	104,671	108,499	117,224	134,161	58,851
Income Taxes	32,878	32,002	37,062	39,778	43,067
Net Income	71,445	76,307	79,643	93,762	15,257
EBITDA	148,159	156,924	168,568	183,817	109,548
Gross Margin	35.3%	34.6%	35.4%	36.0%	36.8%
Operating Margin	17.4%	16.2%	16.3%	17.6%	7.2%
ROA	9.0%	9.1%	8.6%	10.1%	1.6%
ROE	21.1%	19.1%	19.9%	21.6%	3.5%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
コンサルティング	63,556	19,225	30.2%
金融ＩＴソリューション	399,792	74,255	18.6%
産業ＩＴソリューション	271,241	-74,616	-27.5%
ＩＴ基盤サービス	77,039	38,564	50.1%