- Nomura Real Estate‘s 1Q 2024 operating income was 38.20 billion yen, slightly down by 0.7% year-over-year (YoY), but above the estimate of 32.13 billion yen.
- Net income for the same period was 24.42 billion yen, seeing a modest increase of 0.4% YoY, outperforming the estimate of 19.81 billion yen.
- Net sales for 1Q 2024 reached 200.92 billion yen, a decline of 4% YoY, which was below the estimate of 203.9 billion yen.
- For the full year 2025, the company maintains its forecasts:
- Operating income at 114.00 billion yen, close to the estimate of 116.29 billion yen.
- Net income anticipated at 70.00 billion yen, slightly lower than the estimate of 70.76 billion yen.
- Net sales projected to be 790.00 billion yen, marginally above the estimate of 788.73 billion yen.
- Dividend expected to be 165.00 yen, aligning closely with the estimate of 165.82 yen.
- Analyst ratings for Nomura Real Estate include 6 ‘buy’ recommendations, 4 ‘hold’ recommendations, and no ‘sell’ recommendations.
A look at Nomura Real Estate Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts have given Nomura Real Estate a positive long-term outlook based on its Smartkarma Smart Scores. The company scores high in Value, Dividend, and Growth, indicating strong fundamentals and potential for future expansion. However, its Resilience score is lower, suggesting some vulnerability to market fluctuations. With a moderate Momentum score, Nomura Real Estate may see steady but not rapid growth in the near term.
Nomura Real Estate Holdings, Inc. is involved in selling and leasing various properties, including condominiums, residential houses, and office buildings. Additionally, the company engages in managing Real Estate Investment Trusts (REITs), real estate development, and offering consulting services in the real estate sector. Overall, with solid scores in key areas like Value, Dividend, and Growth, Nomura Real Estate is positioned well for future growth and stability in the real estate market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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