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Nomura Research Institute, Ltd. (NURAF)

$28.80 +$0.00 (+0.00%) |CouncilHOLD · 46 · C
Bottom line: HOLD — our Council read (46/100) and AI Score (46/100) broadly agree.
MCap: $16.14B| Vol: 101| 52-wk range: $23.36 – $44.38
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Nomura Research Institute, Ltd. (NURAF) trades at $28.80 with AI Score 46/100 (Grade C). Nomura Research Institute, Ltd. (NURAF) is a leading Japanese IT solutions and consulting firm. Market cap: $16.14B, Sector: Technology.

Price live · AI analysis from Mar 15, 2026
Nomura Research Institute, Ltd. (NURAF) is a leading Japanese IT solutions and consulting firm. The company provides comprehensive services spanning consulting, financial IT solutions, industrial IT solutions, and IT platform services, primarily serving the Japanese market.

Analyst Coverage for NURAF: NURAF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NURAF against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 46/100 · C

NURAF: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Nomura Research Institute, Ltd. (NURAF) Technology Profile & Competitive Position

CEOKaga Yanagisawa
Employees16708
HeadquartersTokyo, JP
IPO Year2017

Nomura Research Institute, Ltd. (NURAF) is a prominent Japanese IT solutions provider, delivering consulting, financial, and industrial IT services. With a strong foothold in Japan, the company leverages its IT platform services and advanced research capabilities to serve diverse sectors, including finance, manufacturing, and government agencies.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 15, 2026

What Is the Investment Thesis for NURAF?

Nomura Research Institute (NURAF) presents a compelling investment case based on its established market position in Japan's IT solutions sector and its diversified service offerings. With a P/E ratio of 23.47 and a profit margin of 13.2%, NURAF demonstrates financial stability. A dividend yield of 1.60% provides a steady return for investors. Growth catalysts include increasing demand for digital transformation services in Japan and expansion of its IT platform services. However, potential risks include competition from global IT service providers and the impact of economic fluctuations in Japan. The company's beta of 0.33 suggests lower volatility compared to the broader market.

Based on FMP financials and quantitative analysis

NURAF Key Highlights

  • Market capitalization of $16.14B, reflecting its significant presence in the IT solutions market.
  • Profit margin of 13.2%, indicating efficient operations and profitability.
  • Gross margin of 36.8%, showcasing the company's ability to manage costs effectively.
  • Dividend yield of 1.60%, providing a consistent return to shareholders.
  • Low beta of 0.33, suggesting lower volatility compared to the overall market.

Who Are NURAF's Competitors?

NURAF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
CAPMF Capgemini SE $107.36 +3.99% $17.82B 44
CGEMY Capgemini SE $21.21 +1.53% $18.00B 44
KONMY Konami Group Corporation $59.70 +10.78% $16.19B 51
LSRCF Lasertec Corporation $291.10 +11.96% $26.09B 51
LSRCY Lasertec Corporation $58.36 +2.83% $26.16B 54
IAIC Information Analysis Incorporated $4.28 +12.34% $81.86M 66
DVLT Datavault AI Inc. $0.38 -1.22% $107.35M 65
NYAX Nayax Ltd. $71.97 +2.49% $2.63B 62

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are NURAF's Key Strengths?

  • Strong brand reputation in Japan.
  • Diversified service offerings.
  • Deep industry expertise.
  • Established relationships with key clients.

What Are NURAF's Weaknesses?

  • Limited geographic presence outside of Japan.
  • Dependence on the Japanese economy.
  • Potential for slower growth compared to emerging markets.
  • Exposure to currency fluctuations.

What Could Drive NURAF Stock Higher?

  • Increasing demand for digital transformation services in Japan.
  • Growth in financial IT solutions driven by technology investments in the financial sector.
  • Strengthening IT platform services due to the rising need for data center and cloud solutions.
  • Leveraging advanced IT research to develop innovative solutions.
  • Potential geographic expansion within the Asia-Pacific region.

What Are the Key Risks for NURAF?

  • Competition from global IT service providers.
  • Economic downturn in Japan affecting IT spending.
  • Rapid technological changes rendering existing solutions obsolete.
  • Cybersecurity threats and data breaches.
  • Limited geographic presence outside of Japan.

What Are the Growth Opportunities for NURAF?

  • Expansion of Digital Transformation Services: The increasing demand for digital transformation services in Japan presents a significant growth opportunity for NURAF. As businesses across various sectors seek to modernize their operations and enhance their competitiveness, NURAF can leverage its consulting and IT solutions expertise to provide tailored digital transformation strategies and implementations. The digital transformation market is projected to reach $300 billion by 2028, offering substantial growth potential for NURAF.
  • Growth in Financial IT Solutions: NURAF's Financial IT Solutions segment is well-positioned to benefit from the ongoing investments in technology by financial institutions. As banks, insurance companies, and asset managers seek to enhance their operational efficiency, improve customer experience, and comply with evolving regulations, NURAF can provide innovative IT solutions and services. The financial IT solutions market is expected to grow at a CAGR of 6% over the next five years.
  • Strengthening IT Platform Services: NURAF's IT Platform Services segment can capitalize on the increasing demand for data center services, cloud computing, and cybersecurity solutions. As businesses generate and process vast amounts of data, they require robust and secure IT infrastructure to support their operations. NURAF can expand its data center capacity, enhance its cloud computing offerings, and provide comprehensive cybersecurity services to meet the growing demand. The cloud computing market is projected to reach $400 billion by 2027.
  • Leveraging Advanced IT Research: NURAF's research capabilities in advanced IT, including artificial intelligence, blockchain, and quantum computing, provide a competitive advantage. By investing in research and development, NURAF can develop innovative solutions and services that address emerging market needs. The company can also leverage its research findings to enhance its existing service offerings and provide thought leadership to its clients. The AI market is expected to reach $100 billion by 2025.
  • Geographic Expansion within Asia-Pacific: While NURAF primarily operates in Japan, the company can explore opportunities for geographic expansion within the Asia-Pacific region. As economies in the region continue to grow and businesses increasingly adopt digital technologies, NURAF can leverage its expertise and experience to provide consulting and IT solutions to clients in other countries. The Asia-Pacific IT services market is projected to grow at a CAGR of 8% over the next five years.

What Opportunities Does NURAF Have?

  • Expansion of digital transformation services.
  • Growth in financial IT solutions.
  • Strengthening IT platform services.
  • Leveraging advanced IT research.

What Threats Does NURAF Face?

  • Competition from global IT service providers.
  • Economic downturn in Japan.
  • Rapid technological changes.
  • Cybersecurity threats.

What Are NURAF's Competitive Advantages?

  • Established brand reputation and long-standing relationships with clients in Japan.
  • Deep industry expertise and understanding of the Japanese market.
  • Comprehensive service portfolio spanning consulting, IT solutions, and IT platform services.
  • Strong research and development capabilities in advanced IT.
  • Extensive network of partners and alliances.

What Does NURAF Do?

Founded in 1965 and headquartered in Tokyo, Japan, Nomura Research Institute, Ltd. (NURAF) has evolved into a leading provider of consulting and IT solutions. Initially established to conduct research and provide recommendations on economic and social issues, the company expanded its services to include IT solutions for financial institutions and other industries. Today, NURAF operates through four key segments: Consulting, Financial IT Solutions, Industrial IT Solutions, and IT Platform Services. The Consulting segment offers management, operational, and system consulting services to enterprises and government agencies, along with research and future projections. The Financial IT Solutions segment provides system development, consulting, and management solutions for financial institutions, covering securities, insurance, banking, and asset management. The Industrial IT Solutions segment caters to the distribution, manufacturing, service, and public sectors with system solutions and shared online services. The IT Platform Services segment focuses on data center operations, platform and network construction, and IT platform solutions, including information security services. NURAF's comprehensive service portfolio and deep industry expertise have solidified its position as a trusted partner for organizations seeking to leverage technology for growth and efficiency.

What Products and Services Does NURAF Offer?

  • Provides management and operational consulting services to enterprises and government agencies.
  • Offers system consulting, development, and management solutions for financial institutions.
  • Delivers system consulting, development, and management solutions for the distribution, manufacturing, service, and public sectors.
  • Engages in data center operation activities.
  • Constructs IT platforms and networks.
  • Provides IT platform solutions and information security services to external clients.
  • Conducts research related to advanced IT.

How Does NURAF Make Money?

  • Consulting services generate revenue through project-based fees and retainer agreements.
  • Financial IT Solutions generate revenue through system development, implementation, and maintenance contracts.
  • Industrial IT Solutions generate revenue through system integration, managed services, and software licensing.
  • IT Platform Services generate revenue through data center hosting, cloud computing, and cybersecurity subscriptions.

What Industry Does NURAF Operate In?

Nomura Research Institute operates in the competitive IT services industry, which is experiencing growth driven by digital transformation initiatives and increasing demand for cloud computing, cybersecurity, and data analytics. The Japanese IT services market is characterized by a mix of domestic and international players. Competitors include CAPMF (Capgemini), CGEMY (Cognizant), KONMY (Konica Minolta), LSRCF (Larsen & Toubro Infotech), and LSRCY (Larsen & Toubro). NURAF differentiates itself through its deep understanding of the Japanese market, its comprehensive service portfolio, and its strong relationships with financial institutions and government agencies.

Who Are NURAF's Key Customers?

  • Financial institutions, including banks, insurance companies, and asset managers.
  • Enterprises in the distribution, manufacturing, and service sectors.
  • Government agencies and public sector organizations.
  • Businesses requiring data center and IT platform services.
AI Confidence: 73% Updated: Mar 15, 2026

Company Profile

Nomura Research Institute, Ltd. operates in the Information Technology Services industry within the Technology sector. It is headquartered in Tokyo, JP. The company is led by CEO Kaga Yanagisawa. NURAF has traded publicly since 2017.

F-Score 8/9Financial Health

Nomura Research Institute, Ltd.'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 5.17 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE 3%Key Financial Metrics

Return on equity for Nomura Research Institute, Ltd. stands at 3.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.6%, showing how much profit it generates from its asset base. NURAF trades at a trailing price-to-earnings ratio of 170.91, above the Technology sector average of ~38x. Its free cash flow yield is 5.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.84 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.6%, the inverse of the P/E and a quick read on earnings relative to price.

NURAF Valuation & Market Position

With a $16.14B market cap, Nomura Research Institute, Ltd. sits in the large-cap segment of the market. Relative to its peer group, NURAF's quantitative score of 46/100 is roughly in line with the peer average of 49/100.

FY2026 estForward Outlook

Wall Street analysts project Nomura Research Institute, Ltd. revenue of about $816.65B for fiscal 2026, with EPS near $168.66.

NURAF Financials

Fundamental Snapshot

Revenue Growth (FY)
+7.2%
Net Income Growth (FY)
-83.6%
EPS Growth (FY)
-83.4%
Free Cash Flow Growth (FY)
+77.0%
P/E (TTM)
171
Return on Equity (TTM)
+3.3%
Current Ratio
1.8
EV/EBITDA (TTM)
24.3

Based on FMP financials and quantitative analysis · FY 2026

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in the company's future, which can positively influence market perception.
  • Community sentiment has shifted positively, with discussions highlighting Nomura's innovative solutions in technology and consulting.
  • The company has been involved in strategic partnerships that enhance its market position and broaden service offerings.
  • Market developments indicate a growing demand for data analytics and consulting services, aligning well with Nomura's core competencies.

Bear Case

  • Some analysts express concerns over potential regulatory challenges that could impact operational efficiency.
  • Recent social sentiment has shown caution, with discussions around economic uncertainties affecting client spending.
  • Competitors are ramping up their offerings, raising concerns about Nomura's ability to maintain market share.
  • There are worries about the sustainability of growth given the current global economic landscape, which could dampen investor enthusiasm.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

NURAF Latest News

No recent news available for NURAF.

NURAF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NURAF.

Price Targets

Wall Street price target analysis for NURAF.

NURAF MoonshotScore

46/100

What does this score mean?

The MoonshotScore rates NURAF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Kaga Yanagisawa

Unknown

Information on Kaga Yanagisawa's background is not available in the provided data. Further research would be needed to determine their career history, education, and previous roles.

Track Record: Information on Kaga Yanagisawa's track record is not available in the provided data. Further research would be needed to determine key achievements, strategic decisions, and company milestones under their leadership.

NURAF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Nomura Research Institute, Ltd. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited information available to investors, and trading activity can be sporadic. Investing in OTC Other stocks carries significant risks due to the lack of regulatory oversight and potential for fraud or manipulation. These companies are often smaller, less established, and may have a limited operating history compared to companies listed on major exchanges like the NYSE or NASDAQ.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for NURAF on the OTC market is likely limited, potentially leading to wider bid-ask spreads and difficulty in executing large trades without significantly impacting the price. Investors may experience challenges in buying or selling shares quickly, especially in times of market volatility. The trading volume should be carefully monitored to assess the ease of entry and exit from this investment. Lower trading volumes can exacerbate price fluctuations and increase the risk of losses.
OTC Risk Factors:
  • Limited information availability due to less stringent reporting requirements.
  • Potential for lower liquidity and wider bid-ask spreads.
  • Higher risk of fraud or manipulation compared to listed exchanges.
  • Greater price volatility due to lower trading volumes.
  • Lack of regulatory oversight and investor protection.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings (if any).
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's liquidity and trading volume on the OTC market.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before making any investment decisions.
Legitimacy Signals:
  • Established operating history since 1965.
  • Presence in the IT services industry.
  • Employee count of 16708.
  • Market capitalization of $16.14B.

Common Questions About NURAF (Technology)

What does Nomura Research Institute, Ltd. do?

Nomura Research Institute, Ltd. (NURAF) is a leading IT solutions and consulting firm based in Japan. The company provides a range of services, including management consulting, IT system development, and IT platform services. NURAF serves various sectors, including finance, manufacturing, and government, offering tailored solutions to improve operational efficiency, enhance competitiveness, and drive digital transformation. Its core business revolves around leveraging technology to address complex business challenges and create value for its clients.

What are the main risks for NURAF?

NURAF faces several risks, including competition from global IT service providers, which could impact its market share and profitability. Economic fluctuations in Japan could also affect IT spending and demand for NURAF's services. Rapid technological changes pose a risk of obsolescence, requiring continuous investment in research and development. Additionally, cybersecurity threats and data breaches could disrupt operations and damage the company's reputation. The company's limited geographic presence outside of Japan also presents a risk of slower growth compared to companies with a more global footprint.

What are the key factors to evaluate for NURAF?

Nomura Research Institute, Ltd. (NURAF) holds an AI score of 46/100 (low). Not financial advice.

How frequently does NURAF data refresh on this page?

NURAF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven NURAF's recent stock price performance?

Nomura Research Institute, Ltd. (NURAF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand reputation in Japan. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider NURAF overvalued or undervalued right now?

Valuing Nomura Research Institute, Ltd. (NURAF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying NURAF?

Before investing in Nomura Research Institute, Ltd. (NURAF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Why might investors consider adding NURAF to a portfolio?

Key strength of Nomura Research Institute, Ltd. (NURAF): Strong brand reputation in Japan. Weigh rewards against risks and diversify. Not financial advice.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data and may be subject to change.
  • OTC market data may have limited reliability.
  • AI analysis pending for NURAF stock.
Data Sources

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