Nomura Research Institute Ltd
Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solutions, industrial IT solutions, and IT platform services in Japan and internationally. Its Consulting segment offers management, organizational reform, and system consulting services for all aspects of IT management. The company's Financial IT Solutions segment provides system consulting, development, a… Read more
Nomura Research Institute Ltd (NURAF) - Net Assets
Latest net assets as of December 2025: $506.01 Billion USD
Based on the latest financial reports, Nomura Research Institute Ltd (NURAF) has net assets worth $506.01 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($949.37 Billion) and total liabilities ($443.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $506.01 Billion |
| % of Total Assets | 53.3% |
| Annual Growth Rate | 3.23% |
| 5-Year Change | 55.23% |
| 10-Year Change | 2.95% |
| Growth Volatility | 12.18 |
Nomura Research Institute Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Nomura Research Institute Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nomura Research Institute Ltd (2005–2025)
The table below shows the annual net assets of Nomura Research Institute Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $437.96 Billion | +8.67% |
| 2024-03-31 | $403.02 Billion | +0.15% |
| 2023-03-31 | $402.40 Billion | +20.77% |
| 2022-03-31 | $333.21 Billion | +18.10% |
| 2021-03-31 | $282.14 Billion | -33.62% |
| 2020-03-31 | $425.03 Billion | +6.42% |
| 2019-03-31 | $399.38 Billion | -7.72% |
| 2018-03-31 | $432.78 Billion | -3.25% |
| 2017-03-31 | $447.30 Billion | +5.15% |
| 2016-03-31 | $425.41 Billion | +5.44% |
| 2015-03-31 | $403.47 Billion | +21.74% |
| 2014-03-31 | $331.41 Billion | +13.94% |
| 2013-03-31 | $290.86 Billion | +12.62% |
| 2012-03-31 | $258.28 Billion | +11.77% |
| 2011-03-31 | $231.07 Billion | +4.92% |
| 2010-03-31 | $220.24 Billion | +7.19% |
| 2009-03-31 | $205.47 Billion | -0.91% |
| 2008-03-31 | $207.36 Billion | -4.10% |
| 2007-03-31 | $216.23 Billion | +3.31% |
| 2006-03-31 | $209.30 Billion | -9.69% |
| 2005-03-31 | $231.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nomura Research Institute Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 122.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $378.66 Billion | 87.24% |
| Common Stock | $25.66 Billion | 5.91% |
| Other Comprehensive Income | $35.55 Billion | 8.19% |
| Total Equity | $434.04 Billion | 100.00% |
Nomura Research Institute Ltd Competitors by Market Cap
The table below lists competitors of Nomura Research Institute Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEMEX.CPO(2SHS A+1SHS B)
F:CEXB
|
$13.31 Billion |
|
Stellantis NV
NYSE:STLA
|
$13.32 Billion |
|
Toll Brothers Inc
NYSE:TOL
|
$13.34 Billion |
|
Embraer S.A.
NYSE:EMBJ
|
$13.35 Billion |
|
Coeur Mining Inc
NYSE:CDE
|
$13.31 Billion |
|
Kering SA
PINK:PPRUF
|
$13.30 Billion |
|
Ovintiv Inc
NYSE:OVV
|
$13.30 Billion |
|
Mr. Cooper Group Inc
NASDAQ:COOP
|
$13.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nomura Research Institute Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 399,532,000,000 to 434,040,000,000, a change of 34,508,000,000 (8.6%).
- Net income of 93,762,000,000 contributed positively to equity growth.
- Dividend payments of 33,313,000,000 reduced retained earnings.
- Share repurchases of 30,306,000,000 reduced equity.
- New share issuances of 8,285,000,000 increased equity.
- Other comprehensive income decreased equity by 5,032,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $93.76 Billion | +21.6% |
| Dividends Paid | $33.31 Billion | -7.68% |
| Share Repurchases | $30.31 Billion | -6.98% |
| Share Issuances | $8.29 Billion | +1.91% |
| Other Comprehensive Income | $-5.03 Billion | -1.16% |
| Other Changes | $1.11 Billion | +0.26% |
| Total Change | $- | 8.64% |
Book Value vs Market Value Analysis
This analysis compares Nomura Research Institute Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $283.77 | $33.35 | x |
| 2006-03-31 | $219.40 | $33.35 | x |
| 2007-03-31 | $241.36 | $33.35 | x |
| 2008-03-31 | $280.58 | $33.35 | x |
| 2009-03-31 | $273.14 | $33.35 | x |
| 2010-03-31 | $293.71 | $33.35 | x |
| 2011-03-31 | $308.07 | $33.35 | x |
| 2012-03-31 | $342.98 | $33.35 | x |
| 2013-03-31 | $383.51 | $33.35 | x |
| 2014-03-31 | $432.70 | $33.35 | x |
| 2015-03-31 | $536.50 | $33.35 | x |
| 2016-03-31 | $551.23 | $33.35 | x |
| 2017-03-31 | $584.65 | $33.35 | x |
| 2018-03-31 | $578.51 | $33.35 | x |
| 2019-03-31 | $545.36 | $33.35 | x |
| 2020-03-31 | $648.58 | $33.35 | x |
| 2021-03-31 | $550.89 | $33.35 | x |
| 2022-03-31 | $571.59 | $33.35 | x |
| 2023-03-31 | $673.91 | $33.35 | x |
| 2024-03-31 | $686.44 | $33.35 | x |
| 2025-03-31 | $757.14 | $33.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nomura Research Institute Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.26%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.14x
- Recent ROE (21.60%) is above the historical average (13.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 7.03% | 6.44% | 0.80x | 1.37x | $-6.87 Billion |
| 2006 | 10.76% | 7.88% | 0.92x | 1.49x | $1.59 Billion |
| 2007 | 12.50% | 8.38% | 0.87x | 1.72x | $5.40 Billion |
| 2008 | 13.58% | 8.23% | 0.94x | 1.75x | $7.42 Billion |
| 2009 | 11.93% | 7.18% | 0.96x | 1.73x | $3.97 Billion |
| 2010 | 9.92% | 6.45% | 0.93x | 1.65x | $-166.70 Million |
| 2011 | 10.03% | 7.11% | 0.86x | 1.64x | $80.60 Million |
| 2012 | 12.75% | 9.81% | 0.83x | 1.56x | $7.09 Billion |
| 2013 | 9.84% | 7.86% | 0.84x | 1.49x | $-466.40 Million |
| 2014 | 9.52% | 8.17% | 0.82x | 1.42x | $-1.61 Billion |
| 2015 | 9.96% | 9.58% | 0.68x | 1.52x | $-151.00 Million |
| 2016 | 10.34% | 10.12% | 0.68x | 1.51x | $1.39 Billion |
| 2017 | 10.34% | 10.61% | 0.68x | 1.44x | $1.50 Billion |
| 2018 | 13.11% | 11.70% | 0.72x | 1.55x | $13.09 Billion |
| 2019 | 13.19% | 10.16% | 0.78x | 1.66x | $12.32 Billion |
| 2020 | 14.13% | 11.01% | 0.86x | 1.49x | $17.00 Billion |
| 2021 | 16.00% | 9.61% | 1.04x | 1.60x | $19.82 Billion |
| 2022 | 21.05% | 11.68% | 0.93x | 1.93x | $37.51 Billion |
| 2023 | 19.12% | 11.02% | 0.83x | 2.10x | $36.41 Billion |
| 2024 | 19.93% | 10.81% | 0.80x | 2.31x | $39.69 Billion |
| 2025 | 21.60% | 12.26% | 0.82x | 2.14x | $50.36 Billion |
Industry Comparison
This section compares Nomura Research Institute Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nomura Research Institute Ltd (NURAF) | $506.01 Billion | 7.03% | 0.88x | $13.31 Billion |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |