# Nomura Research Institute,Ltd. (NURAF)

> Technology · JP · Reports in JPY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/NURAF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2027 | ¥ 208.93B | ¥ 29.00B | ¥ 57.73B | ¥ 232.89B | ¥ 370.72B |
| 2026 | ¥ 819.10B | ¥ 15.25B | ¥ 142.39B | ¥ 237.61B | ¥ 436.64B |
| 2025 | ¥ 764.81B | ¥ 93.76B | ¥ 123.54B | ¥ 271.02B | ¥ 434.04B |
| 2024 | ¥ 736.56B | ¥ 79.64B | ¥ 91.24B | ¥ 298.54B | ¥ 399.53B |
| 2023 | ¥ 692.16B | ¥ 76.31B | ¥ 64.20B | ¥ 237.74B | ¥ 399.01B |
| 2022 | ¥ 611.63B | ¥ 71.44B | ¥ 55.16B | ¥ 250.42B | ¥ 339.36B |
| 2021 | ¥ 550.26B | ¥ 48.08B | ¥ 55.57B | ¥ 165.59B | ¥ 330.50B |
| 2020 | ¥ 525.19B | ¥ 68.79B | ¥ 74.86B | ¥ 105.78B | ¥ 267.00B |
| 2019 | ¥ 491.81B | ¥ 50.02B | ¥ 30.27B | ¥ 59.22B | ¥ 411.96B |
| 2018 | ¥ 466.33B | ¥ 54.54B | ¥ 34.58B | ¥ 80.65B | ¥ 420.59B |
| 2017 | ¥ 421.17B | ¥ 44.71B | ¥ 22.18B | ¥ 57.49B | ¥ 435.65B |
| 2016 | ¥ 422.33B | ¥ 42.74B | ¥ 34.50B | ¥ 63.87B | ¥ 412.58B |
| 2015 | ¥ 408.09B | ¥ 39.08B | ¥ 26.50B | ¥ 64.67B | ¥ 390.31B |
| 2014 | ¥ 388.72B | ¥ 31.94B | ¥ -517.72M | ¥ 55.04B | ¥ 331.32B |
| 2013 | ¥ 375.34B | ¥ 29.51B | ¥ 37.68B | ¥ 57.31B | ¥ 290.78B |
| 2012 | ¥ 351.63B | ¥ 34.50B | ¥ 11.34B | ¥ 59.82B | ¥ 258.28B |
| 2011 | ¥ 341.24B | ¥ 24.25B | ¥ 30.33B | ¥ 62.34B | ¥ 231.07B |
| 2010 | ¥ 353.35B | ¥ 22.81B | ¥ 31.77B | ¥ 50.62B | ¥ 220.23B |
| 2009 | ¥ 354.99B | ¥ 25.50B | ¥ -26.82B | ¥ 51.07B | ¥ 205.47B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.63 |
| Liabilities / Eq | 1.42 |
| Current Ratio | 1.62 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 3.75 |
| Gross Debt / FCF | 3.12 |

## Other views

- [Metrics](https://sponda.capital/en/NURAF.md)
- [Charts](https://sponda.capital/en/NURAF/charts.md)
- [Compare](https://sponda.capital/en/NURAF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.