Nomura Real Estate HoldingsNomura Real Estate Holdings, Inc.3231東証プライム不動産業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥15 is left as operating profit. Revenue changed +24.4% from the prior year, operating profit +16.2%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2022 | 8.6% | 0.32× | 2.7% | 3.38× | 9.2% |
| 2023 | 9.9% | 0.32× | 3.1% | 3.35× | 10.4% |
| 2024 | 9.3% | 0.34× | 3.1% | 3.33× | 10.4% |
| 2025 | 9.9% | 0.31× | 3.0% | 3.54× | 10.7% |
| 2026 | 8.8% | 0.34× | 3.0% | 3.71× | 11.2% |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 645,049 | 654,735 | 734,715 | 757,638 | 942,505 |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| SG&A | 114,101 | 123,064 | 132,349 | 147,643 | 164,339 |
| Operating income | 91,210 | 99,598 | 112,114 | 118,958 | 138,242 |
| Pretax income | 81,052 | 88,088 | 96,653 | 104,289 | 109,478 |
| Income tax | 25,671 | 23,387 | 28,469 | 29,337 | 26,521 |
| Net income attributable to owners | 55,312 | 64,520 | 68,164 | 74,835 | 82,880 |
| Operating margin | 14.1% | 15.2% | 15.3% | 15.7% | 14.7% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥67.8B | ¥27.8B | ¥53.8B | ¥35.9B | ¥36.8B |
| Total assets | ¥2.04T | ¥2.11T | ¥2.25T | ¥2.69T | ¥2.81T |
| Net assets | ¥621.4B | ¥655.7B | ¥692.4B | ¥751.4B | ¥802.7B |
| Share capital | ¥118.6B | ¥119.1B | ¥119.5B | ¥119.7B | ¥119.8B |
| Property, plant and equipment | ¥726.4B | ¥706.5B | ¥740.3B | ¥890.3B | ¥772.3B |
| Intangible assets excluding goodwill | ¥19.9B | ¥20.4B | ¥17.3B | ¥36.3B | ¥38.8B |
| Goodwill | ¥3.99B | ¥3.66B | ¥2.17B | ¥18.3B | ¥16.9B |
| Investment securities | ¥101.2B | ¥142B | ¥178.9B | ¥189.9B | ¥246.3B |
| Current assets | ¥1.13T | ¥1.18T | ¥1.26T | ¥1.48T | ¥1.65T |
| Current liabilities | ¥358B | ¥327.8B | ¥331.1B | ¥600.6B | ¥457.2B |
| Trade payables | ¥81B | ¥65.8B | ¥78.7B | ¥94.4B | ¥87.8B |
| Short-term borrowings | ¥108.5B | ¥117.9B | ¥97.7B | ¥211.8B | ¥142.6B |
| Long-term borrowings | ¥754.2B | ¥853.7B | ¥945B | ¥1.05T | ¥1.21T |
| Bonds | ¥150B | ¥130B | ¥140B | ¥140B | ¥167B |
| Interest-bearing debt | ¥1.01Tderived | ¥1.1Tderived | ¥1.18Tderived | ¥1.41Tderived | ¥1.52Tderived |
| Total liabilities | ¥1.42T | ¥1.45T | ¥1.56T | ¥1.94T | ¥2.01T |
| Non-controlling interests | ¥1.71B | ¥1.77B | ¥1.15B | ¥1.26B | ¥1.41B |
| Equity attributable to owners of parent | ¥604.1B | ¥636.1B | ¥675.4B | ¥718.5B | ¥764.5B |
| Retained earnings | ¥382.4B | ¥427.1B | ¥472.2B | ¥519.3B | ¥571.2B |
| Treasury stock | -¥11.9B | -¥25.5B | -¥31.9B | -¥36.2B | -¥42.4B |
EDINET (FSA Japan)
有価証券報告書-第22期(2025/04/01-2026/03/31)
EDINET (FSA Japan)
有価証券報告書-第21期(2024/04/01-2025/03/31)
EDINET (FSA Japan)
有価証券報告書-第20期(2023/04/01-2024/03/31)
EDINET (FSA Japan)
有価証券報告書-第19期(2022/04/01-2023/03/31)
EDINET (FSA Japan)
有価証券報告書-第18期(令和3年4月1日-令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書-第17期(令和2年4月1日-令和3年3月31日)
Extracted from XBRL: 54 / Derived from other figures: 2
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