Nomura Real Estate reports profit decline: what it means for Nomura Real Estate stock

Published on 10/07/2026 at 04:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 13.70 percent to JPY 191.1 billion in fiscal 2027. Nomura Real Estate stock has October 29 results ahead, with net income down 36.50 percent.

Nomura Real Estate, JP3762900003, Illustration mit AI erstellt.

Nomura Real Estate Holdings (JP3762900003) reported fiscal 2027 first-quarter revenue of JPY 191.1 billion, down 13.70 percent from the year-earlier period. The July 30, 2026 results point to a weaker opening quarter, while the company kept its full-year forecast.

Profit falls in the first quarter

According to Note, operating profit fell 30.60 percent year over year to JPY 25.5 billion in the first quarter of fiscal 2027. Quarterly net income attributable to owners of the parent declined 36.50 percent to JPY 14.7 billion, giving investors two clear measures of the weaker start.

The comparison is demanding because the business recognizes property sales and handovers unevenly across reporting periods. That timing effect makes the second and third quarters important for judging whether the first-quarter decline reflects delivery timing or broader pressure on development earnings.

Full-year forecast stays intact

The same July 30, 2026 results summary said Nomura Real Estate maintained its fiscal 2027 forecast of JPY 1.08 trillion in revenue, JPY 140.0 billion in operating profit, JPY 150.0 billion in business profit and JPY 86.0 billion in net income, according to Note.

That unchanged outlook creates a measurable recovery hurdle. Against JPY 25.5 billion of first-quarter operating profit, the full-year target of JPY 140.0 billion requires substantially stronger contributions in the remaining quarters, particularly from property development and related businesses.

October results set the next test

The companys investor-relations calendar schedules disclosure of second-quarter results for October 29, 2026, at 3:30 p.m. JST, covering the six months through September 30, 2026, according to Nomura Real Estate Holdings. That release should show whether revenue recognition improves and whether operating profit begins to close the gap to the annual plan.

On October 7, 2026, Nomura Real Estate Holdings had a market capitalization of JPY 727.9 billion. Its primary-market quote was JPY 852.10 on the Tokyo Stock Exchange at 10:48 a.m. JST, within a 52-week range of JPY 843.00 to JPY 1,166.00.

Market value and reporting date

The next results date gives the stock a defined information point, while the annual forecast provides the comparison investors will use. The key figures are the JPY 140.0 billion operating-profit target and the JPY 25.5 billion first-quarter result, with the October 29 report scheduled to update that gap.

The further course of trading is shown by the continuously updated real-time quote of Nomura Real Estate stock.