Nomura Real Estate Holdings, Inc. (TYO:3231)
Japan flag Japan · Delayed Price · Currency is JPY
972.70
-19.90 (-2.00%)
Jul 30, 2026, 3:30 PM JST

TYO:3231 Financials Overview

Millions JPY. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
942,505942,505757,638734,715654,735645,049
Revenue Growth
24.40%24.40%3.12%12.22%1.50%11.09%
Gross Profit
302,582302,582266,601244,465222,662205,312
Operating Income
138,243138,243118,958112,11699,59891,211
Net Income
82,88082,88074,83568,16464,52055,312
Earnings Per Share
96.6796.6786.6978.3172.8761.38
EPS Growth
11.51%11.51%10.70%7.47%18.72%32.43%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Other
280280281280282126
Overseas
3,7183,7189,4014,6166,7702,628
Investment Management
16,34016,34015,59314,35613,63212,804
Commercial Real Estate
324,789324,789213,349223,752199,309202,460
Property Brokerage & CRE
64,36364,36357,18849,58847,70043,762
Property & Facility Management
129,869129,869113,889108,190105,47499,230
Unallocated Adjustments
-30,264-30,264-20,523-17,882-20,913-25,188
Residential Development
433,408433,408368,456351,812302,480309,225
Total
942,503942,503757,634734,712654,734645,047

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
169,833169,833140,325102,95661,383102,909
Total Debt
1,599,3641,599,3641,545,3041,194,7841,123,5041,022,735
Net Cash (Debt)
-1,429,531-1,429,531-1,404,979-1,091,828-1,062,121-919,826
Net Cash Growth
------
Net Cash Per Share
-1667.46-1667.46-1627.63-1254.40-1199.57-1020.70

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
44,90644,906-133,79370,878-42,80952,793
Capital Expenditures
-69,165-69,165-167,343-66,013-44,064-36,618
Free Cash Flow
-24,259-24,259-301,1364,865-86,87316,175
Free Cash Flow Growth
------

Margins

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

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '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
-58.29%17.65%21.43%16.67%23.08%18.18%
Dividend Yield
4.43%3.96%4.06%3.45%4.59%3.88%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
10.0610.429.9911.147.929.46
Forward PE
9.4110.159.7410.547.658.87
P/FCF Ratio
---156.07-32.34
PS Ratio
0.880.920.991.030.780.81