Nomura Research Institute, Ltd. (NURAF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 150.34 means the share price is 150.34 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $18.0B is the value of all shares combined. Beta 0.33: the stock has moved about 67% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerNomura Research Institute, Ltd. (NURAF) trades at $32.11. Nomura Research Institute, Ltd. (NURAF) is a leading Japanese IT solutions and consulting firm. Market cap: $18.0B, Sector: Technology.
Price as of Sep 11, 2026 · Last analyzed: Mar 15, 2026Analyst 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 a neutral fundamental signal based on the underlying data.
These figures come from statements filed 12 months ago — the most recent this company has published.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
NURAF: 1/2 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Nomura Research Institute, Ltd. (NURAF) Technology Profile & Competitive Position
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.
What Is the Investment Thesis for NURAF?
With a P/E ratio of 150.34 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 $18.0B, 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 | MoonshotScore |
|---|---|---|---|---|
| CAPMF Capgemini SE | $121.02 | +0.86% | $20.1B | — |
| KONMY Konami Group Corporation | $65.62 | -2.34% | $17.8B | 519-signal |
| LSRCF Lasertec Corporation | $226.89 | +4.44% | $20.3B | — |
| CDW CDW Corporation | $142.60 | +0.16% | $17.8B | 645-pillar |
| BR Broadridge Financial Solutions, Inc. | $168.24 | +0.08% | $19.5B | 685-pillar |
| WIT Wipro Limited | $1.67 | -0.30% | $16.5B | 695-pillar |
| LDOS Leidos Holdings, Inc. | $129.55 | +1.10% | $16.3B | 695-pillar |
| FIS Fidelity National Information Services, Inc. | $38.52 | +1.20% | $19.9B | 405-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
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?
Rich valuation — a P/E of 150.34 runs well above the Technology sector’s ~32.70x, leaving little room for a miss.
- 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.
- 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 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.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
- ● Reported in JPY, converted to USD
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 46 |
| 2026-08-26 | 46 |
| 2026-08-29 | 46 |
| 2026-09-01 | 46 |
| 2026-09-04 | 46 |
| 2026-09-07 | 46 |
| 2026-09-10 | 46 |
What changed?
The score has stayed at 46.
Over the same 18 days the stock moved +9.6%.
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.
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 150.34, above the Technology sector average of ~32.70x. 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 $18.0B market cap, Nomura Research Institute, Ltd. sits in the large-cap segment of the market.
Quarterly Financial Performance: Nomura Research Institute, Ltd.
Revenue for Nomura Research Institute, Ltd. came in at $1.36B during Q1 FY2027, a 2.2% contraction versus the preceding quarter. The company recorded net income of $188.7M, with diluted EPS of $0.33. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Technology. Across the four most recent quarters, NURAF averaged $0.05 in diluted EPS.
Financial 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 5.32 places it in the safe zone, indicating low near-term bankruptcy risk.
Earnings Track Record
Nomura Research Institute, Ltd. has beaten Wall Street's EPS estimate in 5 of its last 8 reported quarters — more hits than misses. Reported results have landed about 48.9% below estimates on average.
NURAF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Strong brand reputation in Japan.
- Diversified service offerings.
- Deep industry expertise.
- Established relationships with key clients.
Bear Case
- Limited geographic presence outside of Japan.
- Dependence on the Japanese economy.
- Potential for slower growth compared to emerging markets.
- Exposure to currency fluctuations.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 FY2027 | $1.36B | $189M | $0.33 |
| Q4 FY2026 | $1.39B | -$445M | -$0.78 |
| Q3 FY2026 | $1.34B | $193M | $0.34 |
| Q2 FY2026 | $1.33B | $182M | $0.32 |
Q1 FY2027 · filed 30 Jun 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from JPY at today's rate
NURAF Latest News
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COUR vs. NRILY: Which Stock Is the Better Value Option?
Yahoo! Finance: NURAF News · Aug 12, 2026
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INGM or NRILY: Which Is the Better Value Stock Right Now?
Yahoo! Finance: NURAF News · Jul 23, 2026
NURAF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NURAF.
Price Targets
Wall Street price target analysis for NURAF.
NURAF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NURAF; grades run from A+ (80-100) to F (below 30).
Leadership: Kaga Yanagisawa
Unknown
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
- 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.
- 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.
- Established operating history since 1965.
- Presence in the IT services industry.
- Employee count of 16708.
- Market capitalization of $18.0B.
Common Questions About NURAF (Technology)
Is NURAF a good stock?
Stock Expert AI does not rate NURAF buy, sell or hold. Nomura Research Institute, Ltd. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
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.
What are the key factors to evaluate for NURAF?
Evaluate NURAF on fundamentals, analyst consensus, and risk factors. P/E: 150.34x vs the S&P 500's ~20-25x. With a P/E ratio of 150.34 and a profit margin of 13.2%, NURAF demonstrates financial stability. Not financial advice.
How frequently does NURAF data refresh on this page?
NURAF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates 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?
Nomura Research Institute, Ltd. (NURAF) trades at 150.34x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of NURAF?
Yes, most major brokerages offer fractional shares of Nomura Research Institute, Ltd. (NURAF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track NURAF's earnings and financial reports?
Nomura Research Institute, Ltd. (NURAF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for NURAF earnings announcements.
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
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- OTC market data may have limited reliability.