Nomura Real Estate Holdings, Inc. (TYO:3231)
Japan flag Japan · Delayed Price · Currency is JPY
904.60
+4.80 (0.53%)
Nov 10, 2026, 1:17 PM JST

TYO:3231 Financials Overview

Millions JPY. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
923,226942,505757,638734,715654,735645,049
Revenue Growth
19.27%24.40%3.12%12.22%1.50%11.09%
Gross Profit
296,649302,582266,601244,465222,662205,312
Operating Income
127,549138,243118,958112,11699,59891,211
Net Income
78,84782,88074,83568,16464,52055,312
Earnings Per Share
92.1696.6786.6978.3172.8761.38
EPS Growth
24.56%11.51%10.70%7.47%18.72%32.43%

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Investment Management
16,92316,34015,59314,35613,63212,804
Other
281280281280282126
Property & Facility Management
129,351129,869113,889108,190105,47499,230
Overseas
3,4273,7189,4014,6166,7702,628
Residential Development
449,464433,408368,456351,812302,480309,225
Property Brokerage & CRE
66,05664,36357,18849,58847,70043,762
Unallocated Adjustments
-31,451-30,264-20,523-17,882-20,913-25,188
Commercial Real Estate
289,172324,789213,349223,752199,309202,460
Total
923,223942,503757,634734,712654,734645,047

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
190,509169,833140,325102,95661,383102,909
Total Debt
1,710,9331,600,3201,547,3421,194,7841,123,5041,022,735
Net Cash (Debt)
-1,520,424-1,430,487-1,407,017-1,091,828-1,062,121-919,826
Net Cash Growth
------
Net Cash Per Share
-1777.31-1668.58-1629.99-1254.40-1199.57-1020.70

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
1,11044,906-133,79370,878-42,80952,793
Capital Expenditures
-49,209-69,165-167,343-66,013-44,064-36,618
Free Cash Flow
-48,099-24,259-301,1364,865-86,87316,175
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
32.13%32.10%35.19%33.27%34.01%31.83%
Operating Margin
13.82%14.67%15.70%15.26%15.21%14.14%
Pretax Margin
11.42%11.62%13.77%13.16%13.45%12.57%
Profit Margin
8.54%8.79%9.88%9.28%9.85%8.58%
FCF Margin
-5.21%-2.57%-39.75%0.66%-13.27%2.51%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
44.00040.00034.00028.00024.00019.500
Dividend Per Share Growth
10.00%17.65%21.43%16.67%23.08%18.18%
Dividend Yield
4.86%3.96%3.90%3.18%4.08%3.32%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
9.8210.429.9911.147.929.46
Forward PE
8.6510.159.7410.547.658.87
P/FCF Ratio
---156.07-32.34
PS Ratio
0.840.920.991.030.780.81