Nomura Fudosan Holdings KK

3231

Equity

ISIN JP3762900003 / Valor 2685136

Tokyo Stock Exchange (2024-12-26)

JPY 3,880.00+0.86%

Nomura Fudosan Holdings KK
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About company

Nomura Fudosan Holdings KK is a global financial services group with a comprehensive network across approximately 30 countries and regions. The company operates through three primary business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). The Wealth Management division offers a wide array of services, including estate planning, real estate, asset succession, and M&A services, tailored to meet the diverse needs of individual and corporate clients. The Investment Management division focuses on high-yield investments and operates a boutique investment management firm. The Wholesale division provides sales and trading services in bonds, equities, foreign exchange, and derivatives, as well as underwriting, advisory, and risk solutions to corporates, financial institutions, and public sector organizations globally. Nomura's extensive operations include a significant presence in the Americas and EMEA regions, with a strong emphasis on connecting markets in the East and West. The company is also Japan's largest asset manager by assets under management, managing 128 trillion yen in wealth management client assets and holding 19% of securities accounts in the country.

Summarized from source with an LLMView SourceSector: Finance

Revenue Growth

Nomura Fudosan Holdings KK reported operating revenue of ¥734,715 million for the fiscal year ended March 31, 2024, marking a 12.2% increase year on year. This growth reflects the company's strong performance across various business segments, including residential and commercial real estate.

Profit Increase

The company achieved an operating profit of ¥112,114 million, which is a 12.6% increase compared to the previous fiscal year. This rise in profitability underscores the effectiveness of Nomura Fudosan Holdings KK's strategic initiatives and operational efficiencies.

Residential Development Success

In the Residential Development Business Unit, Nomura Fudosan Holdings KK recorded operating revenue of ¥351,812 million, a 16.3% increase year on year. The business unit also saw a 22.5% rise in business profit, totaling ¥40,848 million, driven by strong housing sales and new project launches.

Commercial Real Estate Performance

The Commercial Real Estate Business Unit reported operating revenue of ¥223,752 million, up by 12.3% year on year. Business profit in this segment increased by 26.4%, reaching ¥49,976 million, supported by the completion of several key projects and ongoing large-scale developments.

Investment Management Growth

Nomura Fudosan Holdings KK's Investment Management Business Unit saw operating revenue rise by 5.3% to ¥14,356 million. Business profit in this segment increased by 6.0%, totaling ¥8,571 million, with significant contributions from the domestic REIT business and new fund management initiatives.

Summarized from source with an LLMView Source

Key figures

6.10%1Y

48.5%3Y

47.4%5Y

Performance

34.0%1Y

27.7%3Y

32.1%5Y

Volatility