Nomura Research Institute Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	131,784	132,620	168,597	173,935	129,257	115,610
Cash & Short-Term Investments	131,784	132,620	168,597	173,935	129,257	115,610
Cash Growth	-25.24%	-21.34%	-3.07%	34.56%	11.80%	-24.53%
Receivables	162,954	214,389	158,295	141,870	131,592	135,678
Other Current Assets	150,198	154,051	92,532	89,373	88,253	82,357
Total Current Assets	444,936	501,060	419,424	405,178	349,102	333,645
Property, Plant & Equipment	72,885	74,790	60,662	69,096	73,991	76,451
Long-Term Investments	11,018	173,540	174,640	177,060	172,173	163,385
Goodwill	-	41,000	109,774	113,293	101,850	95,497
Other Intangible Assets	202,545	160,988	158,458	152,041	135,433	115,247
Long-Term Deferred Tax Assets	8,403	8,411	5,541	6,102	5,671	5,426
Other Long-Term Assets	166,603	5	2	3	4	4
Total Assets	906,390	959,794	928,501	922,773	838,224	789,655
Accounts Payable	30,664	103,111	58,146	53,038	55,681	53,800
Short-Term Debt	353	1,726	4,453	2,871	5,566	82,797
Current Portion of Long-Term Debt	11,576	10,420	32,836	10,344	14,669	34,142
Current Portion of Leases	10,090	10,867	11,020	11,023	9,364	12,250
Current Income Taxes Payable	9,161	26,428	23,363	23,874	13,093	20,648
Other Current Liabilities	188,092	120,469	109,664	113,492	99,874	94,705
Total Current Liabilities	275,000	273,021	239,482	214,642	198,247	298,342
Long-Term Debt	192,471	192,245	208,653	253,864	182,725	91,274
Long-Term Leases	20,454	20,869	14,060	20,436	25,420	29,952
Pension & Post-Retirement Benefits	4,313	4,114	5,194	6,146	7,086	7,561
Long-Term Deferred Tax Liabilities	21,455	16,203	15,384	15,750	14,050	10,222
Other Long-Term Liabilities	15,498	15,340	7,770	8,914	8,291	9,818
Total Liabilities	529,191	521,792	490,543	519,752	435,819	447,169
Common Stock	25,655	25,655	25,655	24,701	23,644	22,414
Additional Paid-In Capital	32,070	33,178	34,274	31,395	29,447	28,277
Retained Earnings	265,808	354,056	378,659	320,320	321,676	328,830
Treasury Stock	-7,039	-30,966	-40,096	-17,464	-6,277	-68,809
Comprehensive Income & Other	56,930	51,982	35,548	40,580	30,516	28,648
Total Common Equity	373,424	433,905	434,040	399,532	399,006	339,360
Minority Interest	3,775	4,097	3,918	3,489	3,399	3,126
Shareholders' Equity	377,199	438,002	437,958	403,021	402,405	342,486
Total Liabilities & Equity	906,390	959,794	928,501	922,773	838,224	789,655
Total Debt	234,944	236,127	271,022	298,538	237,744	250,415
Net Cash (Debt)	-103,160	-103,507	-102,425	-124,603	-108,487	-134,805
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-180.32	-180.59	-178.67	-214.08	-183.23	-227.06
Filing Date Shares Outstanding	559.7	559.7	572.11	574.88	591.69	589.79
Total Common Shares Outstanding	559.7	574.4	572.11	576.25	591.69	589.59
Working Capital	169,936	228,039	179,942	190,536	150,855	35,303
Book Value Per Share	667.19	755.40	758.67	693.33	674.35	575.59
Tangible Book Value	170,879	231,917	165,808	134,198	161,723	128,616
Tangible Book Value Per Share	305.31	403.75	289.82	232.88	273.32	218.15
Order Backlog	-	470,632	428,582	397,145	376,116	348,384