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Nomura Real Estate Posts Stable Q1 Results, Forecasts Growth

Nomura Real Estate Posts Stable Q1 Results, Forecasts Growth

Nomura Real Estate Holdings (JP:3231) has released an update.

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Nomura Real Estate Holdings reports a slight decrease in operating revenue and ordinary profit for the first quarter of 2024, with a minor increase in profit attributable to owners. The company’s consolidated financial position remains stable with a constant shareholders’ equity ratio. Nomura also maintains a positive outlook for the fiscal year ending March 2025, forecasting increases in operating revenue and profits.

For further insights into JP:3231 stock, check out TipRanks’ Stock Analysis page.

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