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Below are the financial statements of Nomura Research Institute, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Nomura Research Institute, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of JPY | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | 764.81a | 736.56a | 692.17a | 611.63a | 550.34a | 528.72a |
| Cost of sales | -489.52a | -475.55a | -452.34a | -395.56a | -364.54a | -346.1a |
| Gross profit | 275.3a | 261.01a | 239.83a | 216.07a | 185.8a | 182.62a |
| Selling, general and administrative expenses | -144.07a | -142.35a | -131.58a | -113.54a | -98.37a | -97.49a |
| Breakdown of cost of sales and selling, general and administrative expenses | — | — | — | — | — | — |
| Employee benefit expenses | -246.63a | -245.86a | -237.16a | -196.6a | -171.52a | -164.71a |
| Outsourcing expenses | -249.69a | -246.76a | -236.31a | -217.18a | -190.01a | -179.72a |
| Depreciation and amortization | -48.91a | -48.16a | -45.09a | -41.94a | -40.91a | -39.38a |
| Equipment and machinery expenses | -78.31a | -60.67a | -53.28a | -47.6a | -46.82a | -42.95a |
| Operating profit | 134.91a | 120.41a | 111.83a | 106.22a | 80.75a | 85.63a |
| Finance income (expenses), net | -0.75a | -3.19a | -3.33a | -1.55a | -9.67a | -0.14a |
| Profit before tax | 134.16a | 117.22a | 108.5a | 104.67a | 71.08a | 85.48a |
| Income tax expense | -39.78a | -37.06a | -32a | -32.88a | -18.5a | -26.39a |
| Profit attributable to owners of parent | 93.76a | 79.64a | 76.31a | 71.45a | 52.87a | 58.2a |
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