Nomura Research Institute Ltd

4307: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Nomura Research Institute Earnings: Revenue Outpacing Forecast, Raising Fair Value Estimate by 6%

Ahmad Halim

Jul 31, 2026

Nomura Research Institute reported Q1 fiscal 2026 (ending March 2027) net income of JPY 29.2 billion, up 12% year-over-year. Revenue rose 7.5%, maintaining its mid-single-digit momentum since Q2 fiscal 2025. NRI also completed its JPY 70 billion share repurchase at the end of June 2026.

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Nomura Research Institute Ltd

Nomura Research Institute Earnings: Revenue Outpacing Forecast, Raising Fair Value Estimate by 6%

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