Nomura Research Institute ( (NURAF) ) has released its Q3 earnings. Here is a breakdown of the information Nomura Research Institute presented to its investors.
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Nomura Research Institute, Ltd. (NRI) is a leading Japanese company listed on the Tokyo Stock Exchange, specializing in providing consulting services and IT solutions across various sectors, including finance and industry. The company is recognized for its innovative approach in leveraging digital transformation to enhance business processes and models.
In its latest earnings report for the nine months ending December 31, 2024, Nomura Research Institute reported a steady increase in revenue and profitability. The company achieved a revenue of ¥568,245 million, marking a year-on-year growth of 3.3%. Operating profit and profit before tax also saw notable improvements, increasing by 12.2% and 13.8% respectively, reflecting the company’s robust performance in its core business segments.
Key financial metrics highlighted in the report include a 17.5% rise in profit attributable to owners of the parent, totaling ¥71,795 million. The company also reported a 5.8% increase in total equity, reaching ¥426,567 million, while maintaining a healthy balance sheet with a reduced gross debt-to-equity ratio of 0.59 times. The company’s strategic focus on digital transformation and strengthening its core business domains contributed significantly to these positive results.
The NRI Group’s ongoing Medium-term Management Plan (2023-2025) emphasizes growth through core business expansion, digital transformation, and global market penetration. This strategic direction is expected to continue driving the company’s sustainable growth and adaptability in an evolving business environment.
Looking ahead, Nomura Research Institute remains cautiously optimistic, revising its forecasts for the fiscal year ending March 31, 2025, with an expected revenue of ¥770,000 million and profit attributable to owners of the parent projected at ¥92,000 million. The company aims to maintain its trajectory of growth and innovation, leveraging its expertise to navigate the challenges and opportunities in the global market.
