Nomura Research Institute,Ltd. (4307.T) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	814.7B	814.7B	764.8B	736.6B	692.2B
Cost of Revenue	—	514.6B	489.5B	475.5B	452.3B
Gross Profit	—	300.2B	275.3B	261.0B	239.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	145.6B	144.1B	142.4B	131.6B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	98.7B	468.0M	1.8B	647.0M
Total Operating Expenses	—	244.4B	144.5B	144.1B	132.2B
Cost and Expenses	756.4B	756.4B	629.9B	616.1B	580.3B
Operating Income (EBIT)	58.3B	58.3B	134.9B	120.4B	111.8B
Non-Operating
Interest Income	—	5.2B	5.1B	3.5B	2.2B
Interest Expense	—	4.6B	5.8B	6.7B	5.6B
Net Interest Income	—	578.0M	(746.0M)	(3.2B)	(3.3B)
Other Non-Op Income/Expense	—	1.4B	3.2B	2.7B	3.8B
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	119.5B	58.9B	134.2B	117.2B	108.5B
Income Tax Expense	—	43.1B	39.8B	37.1B	32.0B
Bottom Line
Net Income	15.3B	15.3B	93.8B	79.6B	76.3B
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	71.4B	15.8B	94.4B	80.2B	76.5B
Per Share
Basic EPS	¥27	¥27	¥164	¥137	¥129
Diluted EPS	¥27	¥27	¥164	¥137	¥129
Revenue Per Share	¥1,421	¥1,421	¥1,334	¥1,266	¥1,169
Shares
Basic Shares Outstanding	573.2M	573.2M	573.2M	581.7M	591.9M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	115.1B	109.5B	183.8B	168.6B	156.9B
D&A	37.8B	51.3B	48.9B	48.2B	45.1B
EBIT	58.3B	58.3B	134.9B	120.4B	111.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026