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A share buyback was resolved, to be executed up to 21,000,000 shares and 70,000 million yen.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4307","jir_company_name":"Nomura Research Institute, Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/4307-20260424-01.pdf","jir_short_summary":"Consolidated revenue for the fiscal year ending March 2026 was 814,708 million yen (6.5% YoY increase), operating income was 58,273 million yen (56.8% YoY decrease), and net income attributable to owners of the parent was 15,257 million yen (83.7% YoY decrease). A share buyback was resolved, to be executed up to 21,000,000 shares and 70,000 million yen.","jir_summary":"### Overview of Consolidated Financial Results\nConsolidated revenue for the fiscal year ending March 2026 reached 814,708 million yen (6.5% YoY increase), driven by strong performance in financial IT solutions and IT infrastructure services. However, operating income significantly declined to 58,273 million yen (56.8% YoY decrease) due to goodwill impairment losses recorded in the Australia and North America businesses. Net income attributable to owners of the parent also fell to 15,257 million yen (83.7% YoY decrease). By segment, financial IT solutions posted both revenue and profit growth, while industrial IT solutions recorded an operating loss due to impairment losses.\n\n### Financial Position and Cash Flow Overview\nTotal assets were 959,794 million yen (3.4% increase from the previous fiscal year), and total equity was flat at 438,002 million yen. Interest-bearing debt decreased to 204,962 million yen (16.8% decline YoY), with a gross D\/E ratio of 0.47 and a net D\/E ratio of 0.05, maintaining financial soundness. Cash flows from operating activities totaled 147,641 million yen (13.4% increase YoY), but increased investment outflows led to cash and cash equivalents decreasing to 132,620 million yen (21.3% decline YoY).\n\n### Dividend Status and Capital Policy\nAn annual dividend of 77 yen per share is planned for the fiscal year ending March 2026 (an increase of 22 yen YoY), representing a consolidated payout ratio of 10.2%. For the fiscal year ending March 2027, an annual dividend of 84 yen per share is forecasted (42 yen each at the interim and year-end). Additionally, at the board meeting on April 24, 2026, a share buyback was resolved to acquire up to 21,000,000 shares and 70,000 million yen via market purchases from May 15 to August 31, 2026. This aims to enhance capital efficiency and improve shareholder returns towards achieving an ROE target of 25%.\n\n### Future Outlook\nFor the fiscal year ending March 2027, consolidated earnings forecasts include revenue of 850,000 million yen (4.3% YoY increase), operating income of 175,000 million yen (200.3% YoY increase), and net income attributable to owners of the parent of 119,000 million yen (679.9% YoY increase). Under the medium-term management plan (2026-2028), the company will promote DX evolution and global expansion aiming for sustainable growth.","jir_financial_highlights":"Revenue: 814,708 million yen (6.5% YoY increase)\nOperating Income: 58,273 million yen (56.8% YoY decrease)\nNet Income Attributable to Owners of Parent: 15,257 million yen (83.7% YoY decrease)\nResolution on Treasury Stock Acquisition: 21,000,000 shares (upper limit), 70,000 million yen (upper limit) (New resolution)\nEarnings Guidance for Fiscal Year Ending March 2027 Revenue: 850,000 million yen (4.3% YoY increase)\nEarnings Guidance for Fiscal Year Ending March 2027 Operating Income: 175,000 million yen (200.3% YoY increase)\nEarnings Guidance for Fiscal Year Ending March 2027 Net Income Attributable to Owners of Parent: 119,000 million yen (679.9% YoY increase)","jir_category":"","jir_hashtags":"#NomuraResearchInstitute, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Revenue: 814,708 million yen (6.5% YoY increase)\nOperating Income: 58,273 million yen (56.8% YoY decrease)\nNet Income Attributable to Owners of Parent: 15,257 million yen (83.7% YoY decrease)\nShare Buyback: 21,000,000 shares, 70,000 million yen (upper limit) May 15, 2026 - August 31, 2026\nEarnings Guidance for Fiscal Year Ending March 2027 Revenue: 850,000 million yen (4.3% YoY increase)\nEarnings Guidance for Fiscal Year Ending March 2027 Operating Income: 175,000 million yen (200.3% YoY increase)\nEarnings Guidance for Fiscal Year Ending March 2027 Net Income Attributable to Owners of Parent: 119,000 million yen (679.9% YoY increase)","jir_meta_title":"\u3010Nomura Research Institute\u3011Fiscal Year Ending March 2026 Financial Results\uff5cRevenue 814.7 billion yen (6.5% YoY increase)","jir_meta_description":"Nomura Research Institute's consolidated financial summary for fiscal year ending March 2026. Revenue of 814,708 million yen (6.5% YoY increase), operating income of 58,273 million yen (56.8% YoY decrease), net income of 15,257 million yen (83.7% YoY decrease). Share buyback resolution also announced.","jir_og_title":"\u3010Nomura Research Institute\u3011Fiscal Year Ending March 2026 Financial Results\uff5cRevenue 814.7 billion yen (+6.5%)","jir_og_description":"Nomura Research Institute's financial summary for fiscal year ending March 2026. Revenue growth offset by impairment impact reducing operating income. 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