Nomura Research Institute Reports Sharp Profit Decline Amid Revenue Growth

Nomura Research Institute has reported a substantial decrease in net profit for the fiscal year ending March 31, 2026, highlighting a divergence between top-line growth and bottom-line performance. The firm's profit attributable to owners of the parent plummeted to 15.3 billion yen, a sharp decline from the 93.8 billion yen recorded in the previous year. This contraction is further reflected in the earnings per share, which fell to 26.62 yen from 163.56 yen. Despite the profit slump, the company maintained growth in its core operations. Revenue for the period rose 6.5% year-over-year to reach 814.71 billion yen, suggesting that the company's market reach and service demand remain healthy. Looking ahead to the fiscal year ending March 31, 2027, the company expects a robust rebound. Management has forecasted revenue to climb to 850.0 billion yen, with profit attributable to owners projected to surge to 119.0 billion yen and basic earnings per share reaching 207.17 yen. Market reaction remained muted following the announcement, with shares trading slightly higher at 5,092 yen, up 0.33%. The positive forward-looking guidance appears to have offset the impact of the previous year's profit decline for investors.