Nomura Research Institute, Ltd. Logo

Nomura Research Institute, Ltd.

4307.T

(2.5)
Stock Price

5.208,00 JPY

12.96% ROA

21.27% ROE

33.01x PER

Market Cap.

2.563.537.666.092,00 JPY

69.61% DER

1.07% Yield

11.34% NPM

Nomura Research Institute, Ltd. Stock Analysis

Nomura Research Institute, Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nomura Research Institute, Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (19.71%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past five years, consistently delivering higher returns to investors.

4 DER

The stock maintains a fair debt to equity ratio (69%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Dividend

The company's consistent dividend payments over the past three years indicate a strong commitment to delivering returns to investors.

7 Buffet Intrinsic Value

The company's stock seems undervalued (42.789) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (7.07x) suggests it's overvalued, potentially making it an expensive investment.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Nomura Research Institute, Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nomura Research Institute, Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Nomura Research Institute, Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nomura Research Institute, Ltd. Revenue
Year Revenue Growth
2004 252.963.000.000
2005 285.585.000.000 11.42%
2006 322.531.000.000 11.46%
2007 342.289.000.000 5.77%
2008 341.279.000.000 -0.3%
2009 338.629.000.000 -0.78%
2010 326.328.000.000 -3.77%
2011 335.554.000.000 2.75%
2012 363.891.000.000 7.79%
2013 385.932.000.000 5.71%
2014 405.984.000.000 4.94%
2015 421.439.000.000 3.67%
2016 424.548.000.000 0.73%
2017 471.488.000.000 9.96%
2018 501.243.000.000 5.94%
2019 528.873.000.000 5.22%
2020 550.337.000.000 3.9%
2021 611.634.000.000 10.02%
2022 692.165.000.000 11.63%
2023 741.420.000.000 6.64%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nomura Research Institute, Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 3.665.000.000 100%
2019 4.310.000.000 14.97%
2020 4.468.000.000 3.54%
2021 4.992.000.000 10.5%
2022 4.908.000.000 -1.71%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nomura Research Institute, Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1.069.000.000 100%
2019 1.220.000.000 12.38%
2020 98.366.000.000 98.76%
2021 113.536.000.000 13.36%
2022 131.580.000.000 13.71%
2023 135.208.000.000 2.68%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nomura Research Institute, Ltd. EBITDA
Year EBITDA Growth
2004 49.495.000.000
2005 54.448.000.000 9.1%
2006 65.806.000.000 17.26%
2007 71.598.000.000 8.09%
2008 71.587.000.000 -0.02%
2009 71.909.000.000 0.45%
2010 70.638.000.000 -1.8%
2011 75.647.000.000 6.62%
2012 88.391.000.000 14.42%
2013 86.567.000.000 -2.11%
2014 78.874.000.000 -9.75%
2015 93.749.000.000 15.87%
2016 89.000.000.000 -5.34%
2017 98.318.000.000 9.48%
2018 103.246.000.000 4.77%
2019 115.196.000.000 10.37%
2020 123.500.000.000 6.72%
2021 150.130.000.000 17.74%
2022 159.142.000.000 5.66%
2023 178.500.000.000 10.84%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nomura Research Institute, Ltd. Gross Profit
Year Gross Profit Growth
2004 62.231.000.000
2005 71.879.000.000 13.42%
2006 87.953.000.000 18.28%
2007 103.752.000.000 15.23%
2008 100.425.000.000 -3.31%
2009 92.988.000.000 -8%
2010 93.209.000.000 0.24%
2011 100.039.000.000 6.83%
2012 101.576.000.000 1.51%
2013 109.268.000.000 7.04%
2014 116.774.000.000 6.43%
2015 134.169.000.000 12.96%
2016 143.787.000.000 6.69%
2017 159.620.000.000 9.92%
2018 164.735.000.000 3.1%
2019 180.867.000.000 8.92%
2020 185.798.000.000 2.65%
2021 216.072.000.000 14.01%
2022 239.829.000.000 9.91%
2023 260.808.000.000 8.04%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nomura Research Institute, Ltd. Net Profit
Year Net Profit Growth
2004 16.303.000.000
2005 22.518.000.000 27.6%
2006 27.019.000.000 16.66%
2007 28.157.000.000 4.04%
2008 24.513.000.000 -14.87%
2009 21.856.000.000 -12.16%
2010 23.188.000.000 5.74%
2011 32.920.000.000 29.56%
2012 28.610.000.000 -15.06%
2013 31.527.000.000 9.25%
2014 38.880.000.000 18.91%
2015 42.648.000.000 8.84%
2016 45.064.000.000 5.36%
2017 55.145.000.000 18.28%
2018 50.931.000.000 -8.27%
2019 69.276.000.000 26.48%
2020 52.867.000.000 -31.04%
2021 71.445.000.000 26%
2022 76.307.000.000 6.37%
2023 81.804.000.000 6.72%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nomura Research Institute, Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 20
2005 24 17.39%
2006 30 23.33%
2007 38 21.05%
2008 35 -11.76%
2009 31 -13.33%
2010 33 6.25%
2011 46 30.43%
2012 40 -15%
2013 44 6.98%
2014 54 18.87%
2015 57 7.02%
2016 61 5%
2017 76 21.05%
2018 72 -5.56%
2019 92 20.88%
2020 88 -3.41%
2021 121 26.67%
2022 129 6.25%
2023 140 8.57%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nomura Research Institute, Ltd. Free Cashflow
Year Free Cashflow Growth
2004 10.191.000.000
2005 30.865.000.000 66.98%
2006 15.464.000.000 -99.59%
2007 -7.060.000.000 319.04%
2008 -25.787.000.000 72.62%
2009 30.446.000.000 184.7%
2010 29.001.000.000 -4.98%
2011 10.820.000.000 -168.03%
2012 36.535.000.000 70.38%
2013 -514.000.000 7207.98%
2014 26.366.000.000 101.95%
2015 34.427.000.000 23.41%
2016 22.356.000.000 -53.99%
2017 34.961.000.000 36.05%
2018 30.849.000.000 -13.33%
2019 75.386.000.000 59.08%
2020 55.565.000.000 -35.67%
2021 55.160.000.000 -0.73%
2022 64.198.000.000 14.08%
2023 12.681.000.000 -406.25%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nomura Research Institute, Ltd. Operating Cashflow
Year Operating Cashflow Growth
2004 27.569.000.000
2005 48.875.000.000 43.59%
2006 39.583.000.000 -23.47%
2007 31.806.000.000 -24.45%
2008 46.180.000.000 31.13%
2009 58.060.000.000 20.46%
2010 48.777.000.000 -19.03%
2011 53.067.000.000 8.08%
2012 68.364.000.000 22.38%
2013 33.839.000.000 -102.03%
2014 58.710.000.000 42.36%
2015 81.470.000.000 27.94%
2016 61.147.000.000 -33.24%
2017 73.493.000.000 16.8%
2018 56.349.000.000 -30.42%
2019 102.787.000.000 45.18%
2020 84.594.000.000 -21.51%
2021 98.137.000.000 13.8%
2022 118.899.000.000 17.46%
2023 24.514.000.000 -385.02%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nomura Research Institute, Ltd. Capital Expenditure
Year Capital Expenditure Growth
2004 17.378.000.000
2005 18.010.000.000 3.51%
2006 24.119.000.000 25.33%
2007 38.866.000.000 37.94%
2008 71.967.000.000 45.99%
2009 27.614.000.000 -160.62%
2010 19.776.000.000 -39.63%
2011 42.247.000.000 53.19%
2012 31.829.000.000 -32.73%
2013 34.353.000.000 7.35%
2014 32.344.000.000 -6.21%
2015 47.043.000.000 31.25%
2016 38.791.000.000 -21.27%
2017 38.532.000.000 -0.67%
2018 25.500.000.000 -51.11%
2019 27.401.000.000 6.94%
2020 29.029.000.000 5.61%
2021 42.977.000.000 32.45%
2022 54.701.000.000 21.43%
2023 11.833.000.000 -362.27%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nomura Research Institute, Ltd. Equity
Year Equity Growth
2004 231.766.000.000
2005 209.301.000.000 -10.73%
2006 216.232.000.000 3.21%
2007 207.363.000.000 -4.28%
2008 205.466.000.000 -0.92%
2009 220.227.000.000 6.7%
2010 231.074.000.000 4.69%
2011 258.276.000.000 10.53%
2012 290.784.000.000 11.18%
2013 331.321.000.000 12.23%
2014 390.310.000.000 15.11%
2015 412.581.000.000 5.4%
2016 435.652.000.000 5.3%
2017 432.780.000.000 -0.66%
2018 425.031.000.000 -1.82%
2019 282.138.000.000 -50.65%
2020 333.206.000.000 15.33%
2021 342.486.000.000 2.71%
2022 402.405.000.000 14.89%
2023 389.637.000.000 -3.28%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nomura Research Institute, Ltd. Assets
Year Assets Growth
2004 317.341.000.000
2005 311.786.000.000 -1.78%
2006 371.458.000.000 16.06%
2007 362.447.000.000 -2.49%
2008 354.487.000.000 -2.25%
2009 363.368.000.000 2.44%
2010 380.032.000.000 4.38%
2011 402.784.000.000 5.65%
2012 432.249.000.000 6.82%
2013 469.010.000.000 7.84%
2014 593.213.000.000 20.94%
2015 621.695.000.000 4.58%
2016 628.944.000.000 1.15%
2017 652.671.000.000 3.64%
2018 612.192.000.000 -6.61%
2019 528.137.000.000 -15.92%
2020 656.536.000.000 19.56%
2021 789.655.000.000 16.86%
2022 838.224.000.000 5.79%
2023 861.482.000.000 2.7%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nomura Research Institute, Ltd. Liabilities
Year Liabilities Growth
2004 85.575.000.000
2005 102.485.000.000 16.5%
2006 155.226.000.000 33.98%
2007 155.084.000.000 -0.09%
2008 149.021.000.000 -4.07%
2009 143.131.000.000 -4.12%
2010 148.958.000.000 3.91%
2011 144.508.000.000 -3.08%
2012 141.387.000.000 -2.21%
2013 137.604.000.000 -2.75%
2014 189.747.000.000 27.48%
2015 196.289.000.000 3.33%
2016 181.648.000.000 -8.06%
2017 219.891.000.000 17.39%
2018 187.161.000.000 -17.49%
2019 245.999.000.000 23.92%
2020 323.330.000.000 23.92%
2021 447.169.000.000 27.69%
2022 435.819.000.000 -2.6%
2023 471.845.000.000 7.64%

Nomura Research Institute, Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1223.96
Net Income per Share
133.68
Price to Earning Ratio
33.01x
Price To Sales Ratio
3.58x
POCF Ratio
20.43
PFCF Ratio
37.19
Price to Book Ratio
6.67
EV to Sales
3.79
EV Over EBITDA
16.4
EV to Operating CashFlow
21.45
EV to FreeCashFlow
39.28
Earnings Yield
0.03
FreeCashFlow Yield
0.03
Market Cap
2.563,54 Bil.
Enterprise Value
2.707,41 Bil.
Graham Number
1410.57
Graham NetNet
-359.76

Income Statement Metrics

Net Income per Share
133.68
Income Quality
1.12
ROE
0.2
Return On Assets
0.1
Return On Capital Employed
0.17
Net Income per EBT
0.71
EBT Per Ebit
0.98
Ebit per Revenue
0.16
Effective Tax Rate
0.29

Margins

Sales, General, & Administrative to Revenue
0.19
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.16
Pretax Profit Margin
0.16
Net Profit Margin
0.11

Dividends

Dividend Yield
0.01
Dividend Yield %
1.07
Payout Ratio
0.34
Dividend Per Share
47

Operating Metrics

Operating Cashflow per Share
216.03
Free CashFlow per Share
117.97
Capex to Operating CashFlow
-0.45
Capex to Revenue
-0.08
Capex to Depreciation
-1.23
Return on Invested Capital
0.12
Return on Tangible Assets
0.13
Days Sales Outstanding
58.2
Days Payables Outstanding
29.22
Days of Inventory on Hand
54.11
Receivables Turnover
6.27
Payables Turnover
12.49
Inventory Turnover
6.75
Capex per Share
-98.06

Balance Sheet

Cash per Share
242,47
Book Value per Share
661,52
Tangible Book Value per Share
223.58
Shareholders Equity per Share
661.52
Interest Debt per Share
470.79
Debt to Equity
0.7
Debt to Assets
0.31
Net Debt to EBITDA
0.87
Current Ratio
1.61
Tangible Asset Value
130,64 Bil.
Net Current Asset Value
-125,60 Bil.
Invested Capital
0.7
Working Capital
131,08 Bil.
Intangibles to Total Assets
0.3
Average Receivables
105,83 Bil.
Average Payables
37,42 Bil.
Average Inventory
64631500000
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nomura Research Institute, Ltd. Dividends
Year Dividends Growth
2002 20
2003 20 0%
2004 60 66.67%
2005 130 53.85%
2006 160 18.75%
2007 479 66.53%
2008 52 -819.23%
2009 52 0%
2010 52 0%
2011 52 0%
2012 52 0%
2013 52 0%
2014 60 13.33%
2015 76 21.05%
2016 73 -5.56%
2017 45 -60%
2018 50 10%
2019 60 16.67%
2020 34 -76.47%
2021 36 5.56%
2022 43 16.28%
2023 47 8.51%
2024 0 0%

Nomura Research Institute, Ltd. Profile

About Nomura Research Institute, Ltd.

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan. Its Consulting segment offers management, operational, and system consulting services for enterprise and government agencies. This segment is also involved in the research, future projection, and recommendations related to society, economics, business, technology, etc. The company's Financial IT Solutions segment provides system consulting, development, and management solutions, as well as shared online services for the financial institutions, including the securities, insurance, banking, asset management, and other financial sectors. Its Industrial IT Solutions segment offers system consulting, development, and management solutions, as well as shared online services primarily for the distribution, manufacturing, service, and public sectors. The company's IT Platform Services segment engages in the data center operation activities and construction of platforms and networks to the Financial IT and Industrial IT Solutions segments, as well as provides IT platform solutions and information security services to external clients. This segment is also involved in research related to advance IT, etc. The company was founded in 1965 and is headquartered in Tokyo, Japan.

CEO
Mr. Shingo Konomoto
Employee
17.394
Address
Otemachi Financial City Grand Cube
Tokyo, 100-0004

Nomura Research Institute, Ltd. Executives & BODs

Nomura Research Institute, Ltd. Executives & BODs
# Name Age
1 Mr. Yoshihiko Sunaga
Senior Corporate MD & Head of Finance
70
2 Minoru Yokote
Senior Corporate Managing Director
70
3 Mr. Shingo Konomoto
Chairman, President & Chief Executive Officer
70
4 Mr. Hidenori Anzai
Senior Executive MD, Head of Corporate Headquarters & Representative Director
70
5 Mr. Shuji Tateno
Senior Executive MD & Director
70
6 Mr. Ken Ebato
Senior Executive Vice President, Head of Financial IT Solutions & Representative Director
70
7 Kuniaki Fujioka
Investor Relations Department Executive
70
8 Mr. Takuhito Sakata
Audit & Supervisory Board Member
70
9 Fumihiko Sagano
Senior Executive Managing Director
70
10 Mr. Hiroshi Masutani
Senior Executive Managing Director
70

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