– NRI’s forecast for FY operating income fell short of estimates, coming in at 132.00 billion yen as opposed to the estimated 135.9 billion yen.
– Net income also came in below estimates, with NRI forecasting 88.00 billion yen versus the estimated 91.86 billion yen.
– Despite the shortfalls in operating and net income, NRI’s net sales are expected to surpass estimates, with a forecast of 780.00 billion yen compared to the estimated 778.78 billion yen.
– The planned dividend is slightly lower than estimated, at 58.00 yen versus the estimate of 58.86 yen.
– Fourth quarter results displayed a mixed bag. Operating income stood at 29.17 billion yen, showing an increase of 4.3% year-on-year but falling short of the estimated 31.57 billion yen.
– Net income in the fourth quarter stood at 18.55 billion yen which is a 13% decrease year-on-year and also missed the estimate of 22.05 billion yen.
– However, net sales for the fourth quarter showed a growth of 5.9% year-on-year, reaching 186.54 billion yen, slightly less than the estimated 187.94 billion yen.
– From the analyst perspective, the company has received 10 buys, 6 holds, and no sells.
A look at Nomura Research Institute Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
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
Nomura Research Institute, Ltd. is positioned for a moderate long-term outlook as per the Smartkarma Smart Scores analysis. With a balanced overall assessment, the company demonstrates strengths in growth and momentum, scoring a 3 in both areas. This suggests potential for sustained expansion and positive market performance. However, areas such as value, dividend, and resilience scored lower at 2 each, indicating room for improvement in these aspects. Despite this, Nomura Research Institute‘s diverse offerings in information technology, research, consulting, and application software position it well for strategic business decision-making.
As per the Smartkarma Smart Scores evaluation, Nomura Research Institute shows a mixed outlook for the future. While the company exhibits promising growth and momentum, its performance in areas such as value, dividend, and resilience could be bolstered. Investors may find value in monitoring how Nomura Research Institute leverages its strengths in growth and momentum to enhance overall performance. With a focus on information technology solutions and business strategy consulting, the company remains poised to navigate evolving market landscapes and deliver innovative solutions to its clientele.
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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