Nomura Research Institute Ltd

4307: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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NRI Earnings: First Half in Line; Fair Value Estimate Raised but Shares Overvalued After Recent Gain

Ahmad Halim

Oct 30, 2026

Nomura Research Institute reported first-half fiscal 2026 (ending March 2027) net profit of JPY 60 billion, up 12% year over year. Revenue rose 8.3%, continuing strong recent growth, and order intake in the quarter accelerated sequentially. NRI raised its net profit forecast by 3.3%.

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Nomura Research Institute Ltd

NRI Earnings: First Half in Line; Fair Value Estimate Raised but Shares Overvalued After Recent Gain

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