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