Nomura Real Estate Holdings, Inc. (TYO:3231)
Japan flag Japan · Delayed Price · Currency is JPY
919.40
+13.60 (1.50%)
Aug 20, 2026, 11:15 AM JST

TYO:3231 Financials Overview

Millions JPY. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
912,150942,505757,638734,715654,735645,049
Revenue Growth
17.22%24.40%3.12%12.22%1.50%11.09%
Gross Profit
293,532302,582266,601244,465222,662205,312
Operating Income
126,978138,243118,958112,11699,59891,211
Net Income
74,41682,88074,83568,16464,52055,312
Earnings Per Share
86.9296.6786.6978.3172.8761.38
EPS Growth
1.79%11.51%10.70%7.47%18.72%32.43%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Residential Development
416,009433,408368,456351,812302,480309,225
Commercial Real Estate
311,220324,789213,349223,752199,309202,460
Overseas
3,6853,7189,4014,6166,7702,628
Investment Management
16,17016,34015,59314,35613,63212,804
Property Brokerage & CRE
64,65364,36357,18849,58847,70043,762
Property & Facility Management
130,956129,869113,889108,190105,47499,230
Other
277280281280282126
Unallocated Adjustments
-30,823-30,264-20,523-17,882-20,913-25,188
Total
912,147942,503757,634734,712654,734645,047

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
177,766169,833140,325102,95661,383102,909
Total Debt
1,696,5311,599,3641,545,3041,194,7841,123,5041,022,735
Net Cash (Debt)
-1,518,765-1,429,531-1,404,979-1,091,828-1,062,121-919,826
Net Cash Growth
------
Net Cash Per Share
-1774.04-1667.46-1627.63-1254.40-1199.57-1020.70

Cash Flow & CapEx

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

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
32.18%32.10%35.19%33.27%34.01%31.83%
Operating Margin
13.92%14.67%15.70%15.26%15.21%14.14%
Pretax Margin
10.73%11.62%13.77%13.16%13.45%12.57%
Profit Margin
8.16%8.79%9.88%9.28%9.85%8.58%
FCF Margin
--2.57%-39.75%0.66%-13.27%2.51%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '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
4.83%3.96%4.06%3.45%4.59%3.88%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
10.4210.429.9911.147.929.46
Forward PE
8.7310.159.7410.547.658.87
P/FCF Ratio
---156.07-32.34
PS Ratio
0.850.920.991.030.780.81