Nomura Real Estate Holdings announced its results. Although ordinary profit for the cumulative second quarter (April-September) declined year on year, the company raised its full-year ordinary profit forecast, bringing it closer to a record high.
Nomura Real Estate Holdings reported results for the cumulative second quarter (April-September) of the fiscal year ending March 2027, with consolidated ordinary profit down 23.2% year on year to ¥39.0 billion.
However, it raised its full-year ordinary profit forecast from ¥125.0 billion to ¥127.0 billion, with the projected growth rate increasing from 0.2% to 1.8%. Ordinary profit for the July-September quarter was ¥17.3 billion, up 2.8% year on year, while the operating profit margin on sales declined from 11.6% to 11.2%.
Based on first-half results and the full-year plan, consolidated ordinary profit for the second half was estimated at ¥87.9 billion.
Kabutan News is based on numerical data disclosed by the company and encourages investors to review the earnings report before making investment decisions.