Cash flow NOMURA Co., Ltd.

Equities

9716

JP3762400004

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Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-19 am EDT			5-day change	1st Jan Change
927.00 ^JPY	+0.11%		+3.69%	+3.46%

Jun. 18	INDIA STOCKS-Indian stock benchmarks defy global gloom on dip-buying, ample local liquidity	RE
Jun. 10	UK sells most index-linked gilts since 2010 via syndication	RE

003164ec1ca63a831498f6.9Wl1R_fVsFIV5TeQfqxCqRU80Opgu9QvtaNekqw_7Ho.syMhJcebgiN4iFj4Opp7nnBOtt8T0uZr9skI08BPjkiGOCoSgePeMHbWYg

Published financial data: NOMURA CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2021	2022	2023	2024	2025
Revenues	108B	111B	111B	134B	150B
Total Revenues	108B	111B	111B	134B	150B
Cost of Goods Sold, Total	86.66B	90.38B	92.57B	112B	123B
Gross Profit	21.07B	20.7B	18.36B	22.28B	27.38B
Selling General & Admin Expenses, Total	15.72B	15.26B	15.24B	17.07B	18.48B
Provision for Bad Debts	48M	-	-	-	-
Depreciation & Amortization - (IS)	418M	-	-	-	-
Other Operating Expenses, Total	16.19B	15.26B	15.24B	17.07B	18.48B
Operating Income	4.88B	5.43B	3.11B	5.21B	8.9B
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	50M	56M	42M	52M	85M
Net Interest Expenses	50M	56M	42M	52M	85M
Currency Exchange Gains (Loss)	-16M	-	-	20M	-11M
Other Non Operating Income (Expenses)	92M	104M	90M	87M	86M
EBT, Excl. Unusual Items	5.01B	5.59B	3.25B	5.37B	9.06B
Gain (Loss) On Sale Of Investments	-53M	431M	1M	194M	255M
Gain (Loss) On Sale Of Assets	-167M	-5M	-12M	-34M	-4M
Asset Writedown	-28M	-	-	-	-
Other Unusual Items	-75M	-57M	5M	-113M	-
EBT, Incl. Unusual Items	4.69B	5.96B	3.24B	5.42B	9.31B
Income Tax Expense	1.61B	1.98B	1.01B	1.56B	2.55B
Earnings From Continuing Operations	3.08B	3.98B	2.23B	3.86B	6.76B
Net Income to Company	3.08B	3.98B	2.23B	3.86B	6.76B
Minority Interest	-9M	5M	-	-	-
Net Income - (IS)	3.07B	3.98B	2.23B	3.86B	6.76B
Net Income to Common Incl Extra Items	3.07B	3.98B	2.23B	3.86B	6.76B
Net Income to Common Excl. Extra Items	3.07B	3.98B	2.23B	3.86B	6.76B
Per Share Items
Net EPS - Basic	27.6	35.79	20.02	34.67	60.6
Basic EPS - Continuing Operations	27.6	35.79	20.02	34.67	60.6
Basic Weighted Average Shares Outstanding	111M	111M	111M	111M	112M
Net EPS - Diluted	27.6	35.79	20.02	34.66	60.6
Diluted EPS - Continuing Operations	27.6	35.79	20.02	34.66	60.6
Diluted Weighted Average Shares Outstanding	111M	111M	111M	111M	112M
Normalized Basic EPS	28.06	31.45	18.22	30.14	50.77
Normalized Diluted EPS	28.06	31.45	18.22	30.13	50.77
Dividend Per Share	25	25	25	27	32
Payout Ratio	115.5	69.5	139.3	71.8	44.34
Supplemental Items
EBITDA	5.76B	6.52B	4.23B	6.46B	10.14B
EBITA	4.88B	5.43B	3.11B	5.21B	8.9B
EBIT	4.88B	5.43B	3.11B	5.21B	8.9B
EBITDAR	7.33B	-	-	-	-
Effective Tax Rate - (Ratio)	34.27	33.26	31.2	28.75	27.41
Normalized Net Income	3.12B	3.5B	2.03B	3.36B	5.66B
Non-Cash Pension Expense	140M	134M	117M	143M	131M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	129M	164M	148M
Net Rental Expense, Total	1.57B	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: February	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	33.85B	37.08B	29.53B	32.61B	31.32B
Short Term Investments	-	-	-	-	99M
Total Cash And Short Term Investments	33.85B	37.08B	29.53B	32.61B	31.42B
Accounts Receivable, Total	20.83B	19.42B	31.65B	37.08B	53.32B
Total Receivables	20.83B	19.42B	31.65B	37.08B	53.32B
Inventory	9.42B	7.22B	1B	955M	1.19B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	2.31B	1.2B	2.53B	1.38B	2.43B
Total Current Assets	66.4B	64.91B	64.71B	72.03B	88.36B
Net Property Plant And Equipment	7.63B	7.35B	7.51B	7.54B	7.58B
Long-term Investments	4.42B	2.99B	4B	4.27B	3.98B
Other Intangibles, Total	2.69B	2.67B	2.2B	1.64B	1.06B
Deferred Tax Assets Long-Term	870M	1.04B	712M	1.22B	1.52B
Other Long-Term Assets, Total	1M	1M	1M	2M	3M
Total Assets	82.01B	78.97B	79.14B	86.7B	102B
Liabilities
Accounts Payable, Total	15.42B	15.92B	18.28B	20.58B	30.26B
Accrued Expenses, Total	1.86B	1.44B	1.53B	1.75B	2.11B
Current Portion of Leases	37M	-	-	-	-
Current Income Taxes Payable	703M	1.96B	699M	1.6B	2.02B
Other Current Liabilities	11.18B	5.8B	4.45B	7.4B	8.84B
Total Current Liabilities	29.21B	25.12B	24.96B	31.32B	43.23B
Long-Term Leases	54M	-	-	-	-
Pension & Other Post Retirement Benefits	4.94B	4.81B	4.67B	4.44B	4.36B
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	278M	365M	491M	629M	631M
Total Liabilities	34.48B	30.29B	30.12B	36.39B	48.22B
Common Stock, Total	6.5B	6.5B	6.5B	6.5B	6.5B
Additional Paid In Capital	6.86B	6.9B	6.93B	6.97B	7.06B
Retained Earnings	34.84B	36.04B	35.69B	36.76B	40.51B
Treasury Stock	-1.09B	-1.08B	-1.08B	-1.07B	-1.05B
Comprehensive Income and Other	395M	319M	976M	1.14B	1.26B
Total Common Equity	47.5B	48.68B	49.02B	50.31B	54.28B
Minority Interest	28M	-	-	-	-
Total Equity	47.53B	48.68B	49.02B	50.31B	54.28B
Total Liabilities And Equity	82.01B	78.97B	79.14B	86.7B	102B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	111M	111M	111M	111M	112M
ECS Total Common Shares Outstanding	111M	111M	111M	111M	112M
Book Value / Share	426.91	437.24	440.11	451.5	486.62
Tangible Book Value	44.81B	46B	46.82B	48.67B	53.22B
Tangible Book Value Per Share	402.75	413.23	420.34	436.79	477.14
Total Debt	91M	0	0	0	0
Net Debt	-33.76B	-37.08B	-29.53B	-32.61B	-31.42B
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.88B	4.81B	4.67B	4.22B	4.07B
Debt Equivalent Oper. Leases	12.58B	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	28M	-	-	-	-
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	9.27B	7.13B	898M	821M	810M
Inventories - Finished Goods, Total	144M	89M	104M	133M	375M
Inventories - Others	1M	1M	-	1M	1M
Full Time Employees	2K	1.95K	1.9K	1.97K	2.04K
Accumulated Allowance for Doubtful Accounts (Supple)	33M	64M	171M	108M	166M
Order Backlog	49.28B	41.68B	55.71B	67.03B	68.85B

Fiscal Period: February	2021	2022	2023	2024	2025
Net Income	4.69B	5.96B	3.24B	5.42B	9.31B
Depreciation & Amortization - CF	878M	1.09B	1.12B	1.25B	1.25B
Depreciation & Amortization, Total	878M	1.09B	1.12B	1.25B	1.25B
(Gain) Loss From Sale Of Asset	25M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	53M	-431M	-1M	-193M	-255M
Other Operating Activities, Total	-2.21B	-634M	-2.46B	-1.16B	-2.45B
Change In Accounts Receivable	6.72B	1.55B	-6.31B	-5.22B	-16.08B
Change In Inventories	2.48B	2.26B	-35M	56M	-217M
Change In Accounts Payable	-5.4B	-71M	2.06B	3.82B	10.22B
Change in Other Net Operating Assets	-1.56B	-4.43B	-1.11B	2.16B	-91M
Cash from Operations	5.67B	5.29B	-3.51B	6.12B	1.68B
Capital Expenditure	-455M	-242M	-229M	-162M	-259M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-898M	-632M	-344M	-211M	-230M
Investment in Marketable and Equity Securities, Total	25M	1.17B	-219M	203M	660M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-203M	355M	-29M	-71M	-126M
Cash from Investing	-1.53B	648M	-821M	-241M	45M
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-3.55B	-2.77B	-3.1B	-2.77B	-3B
Common & Preferred Stock Dividends Paid	-3.55B	-2.77B	-3.1B	-2.77B	-3B
Other Financing Activities, Total	-55M	-82M	-70M	-90M	-93M
Cash from Financing	-3.6B	-2.85B	-3.18B	-2.86B	-3.09B
Foreign Exchange Rate Adjustments	22M	146M	-46M	66M	77M
Miscellaneous Cash Flow Adjustments	-1M	1M	-1M	-	1M
Net Change in Cash	559M	3.23B	-7.55B	3.09B	-1.29B
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	2.21B	636M	2.46B	1.16B	2.45B
Levered Free Cash Flow	3.2B	4.27B	-5.01B	6.27B	700M
Unlevered Free Cash Flow	3.2B	4.27B	-5.01B	6.27B	700M
Change In Net Working Capital	-628M	-661M	7.5B	-2.14B	5.62B
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: February	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.53	4.22	2.46	3.93	5.88
Return on Total Capital	6.39	7.05	3.98	6.56	10.63
Return On Equity %	6.46	8.27	4.56	7.78	12.92
Return on Common Equity	6.45	8.28	4.56	7.78	12.92
Margin Analysis
Gross Profit Margin %	19.56	18.63	16.55	16.61	18.22
SG&A Margin	14.59	13.74	13.74	12.73	12.3
EBITDA Margin %	5.35	5.87	3.82	4.82	6.75
EBITA Margin %	4.53	4.89	2.81	3.89	5.92
EBIT Margin %	4.53	4.89	2.81	3.89	5.92
Income From Continuing Operations Margin %	2.86	3.58	2.01	2.88	4.5
Net Income Margin %	2.85	3.59	2.01	2.88	4.5
Net Avail. For Common Margin %	2.85	3.59	2.01	2.88	4.5
Normalized Net Income Margin	2.9	3.15	1.83	2.5	3.77
Levered Free Cash Flow Margin	2.97	3.84	-4.52	4.68	0.47
Unlevered Free Cash Flow Margin	2.97	3.84	-4.52	4.68	0.47
Asset Turnover
Asset Turnover	1.25	1.38	1.4	1.62	1.59
Fixed Assets Turnover	14.03	14.83	14.94	17.83	19.87
Receivables Turnover (Average Receivables)	4.45	5.52	4.34	3.9	3.32
Inventory Turnover (Average Inventory)	8.13	10.87	22.53	114.31	114.79
Short Term Liquidity
Current Ratio	2.27	2.58	2.59	2.3	2.04
Quick Ratio	1.87	2.25	2.45	2.22	1.96
Operating Cash Flow to Current Liabilities	0.19	0.21	-0.14	0.2	0.04
Days Sales Outstanding (Average Receivables)	81.97	66.12	84.02	93.77	109.8
Days Outstanding Inventory (Average Inventory)	44.88	33.58	16.2	3.2	3.18
Average Days Payable Outstanding	75.26	64.87	72.28	63.6	75.36
Cash Conversion Cycle (Average Days)	51.59	34.83	27.94	33.38	37.62
Long Term Solvency
Total Debt/Equity	0.19	-	-	-	-
Total Debt / Total Capital	0.19	-	-	-	-
LT Debt/Equity	0.11	-	-	-	-
Long-Term Debt / Total Capital	0.11	-	-	-	-
Total Liabilities / Total Assets	42.05	38.36	38.06	41.97	47.04
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	0.02	-	-	-	-
Net Debt / EBITDA	-5.86	-5.69	-6.98	-5.04	-3.1
Total Debt / (EBITDA - Capex)	0.02	-	-	-	-
Net Debt / (EBITDA - Capex)	-6.36	-5.91	-7.38	-5.17	-3.18
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-25.02	3.1	-0.14	20.92	12.02
Gross Profit, 1 Yr. Growth %	-27.29	-1.79	-11.31	21.41	22.86
EBITDA, 1 Yr. Growth %	-51.85	13.17	-35.09	52.76	56.91
EBITA, 1 Yr. Growth %	-55.96	11.26	-42.68	67.44	70.66
EBIT, 1 Yr. Growth %	-55.96	11.26	-42.68	67.44	70.66
Earnings From Cont. Operations, 1 Yr. Growth %	-60.53	29.19	-43.98	73.26	74.96
Net Income, 1 Yr. Growth %	-60.6	29.73	-44.05	73.26	74.96
Normalized Net Income, 1 Yr. Growth %	-55.51	12.14	-42.05	65.53	68.58
Diluted EPS Before Extra, 1 Yr. Growth %	-60.6	29.68	-44.08	73.16	74.83
Accounts Receivable, 1 Yr. Growth %	-24.44	-6.77	63.02	17.15	43.8
Inventory, 1 Yr. Growth %	-20.86	-23.36	-86.11	-4.69	24.19
Net Property, Plant and Equip., 1 Yr. Growth %	-1.2	-3.71	2.16	0.47	0.58
Total Assets, 1 Yr. Growth %	-9.58	-3.71	0.22	9.55	18.23
Tangible Book Value, 1 Yr. Growth %	-1.35	2.66	1.77	3.96	9.36
Common Equity, 1 Yr. Growth %	-0.56	2.48	0.7	2.63	7.9
Cash From Operations, 1 Yr. Growth %	-10.13	-6.79	-166.34	-274.62	-72.65
Capital Expenditures, 1 Yr. Growth %	35.01	-46.81	-5.37	-29.26	59.88
Levered Free Cash Flow, 1 Yr. Growth %	-3.97	33.22	-217.43	-225.09	-88.83
Unlevered Free Cash Flow, 1 Yr. Growth %	-3.97	33.22	-217.43	-225.09	-88.83
Dividend Per Share, 1 Yr. Growth %	-16.67	0	0	8	18.52
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-7.48	-12.08	1.47	9.89	16.38
Gross Profit, 2 Yr. CAGR %	-10.08	-15.49	-6.67	3.77	22.13
EBITDA, 2 Yr. CAGR %	-24.07	-26.18	-14.29	-0.42	54.82
EBITA, 2 Yr. CAGR %	-26.97	-30	-20.14	-2.04	69.04
EBIT, 2 Yr. CAGR %	-26.97	-30	-20.14	-2.04	69.04
Earnings From Cont. Operations, 2 Yr. CAGR %	-32.48	-28.6	-14.93	-1.48	74.11
Net Income, 2 Yr. CAGR %	-32.52	-28.51	-14.8	-1.54	74.11
Normalized Net Income, 2 Yr. CAGR %	-26.8	-29.37	-19.38	-2.06	67.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-32.52	-28.52	-14.84	-1.6	73.99
Accounts Receivable, 2 Yr. CAGR %	-18.56	-16.07	23.28	38.2	29.79
Inventory, 2 Yr. CAGR %	1.64	-22.12	-67.38	-63.62	8.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.08	-2.46	-0.82	1.31	0.52
Total Assets, 2 Yr. CAGR %	-3.92	-6.69	-1.77	4.78	13.81
Tangible Book Value, 2 Yr. CAGR %	2.94	0.63	2.21	2.85	6.62
Common Equity, 2 Yr. CAGR %	4.75	0.95	1.58	1.66	5.23
Cash From Operations, 2 Yr. CAGR %	-14.09	-8.47	-21.36	7.64	-30.89
Capital Expenditures, 2 Yr. CAGR %	-9.86	-15.26	-29.06	-18.18	6.35
Levered Free Cash Flow, 2 Yr. CAGR %	-36.29	13.11	25.08	21.2	-62.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.29	13.11	25.08	21.2	-62.63
Dividend Per Share, 2 Yr. CAGR %	0	-8.71	0	3.92	13.14
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.39	-4.08	-8.26	7.58	10.59
Gross Profit, 3 Yr. CAGR %	-3.06	-7.4	-14.12	1.88	9.78
EBITDA, 3 Yr. CAGR %	-14.03	-13.26	-29.28	3.92	15.87
EBITA, 3 Yr. CAGR %	-15.77	-15.96	-34.51	2.21	17.87
EBIT, 3 Yr. CAGR %	-15.77	-15.96	-34.51	2.21	17.87
Earnings From Cont. Operations, 3 Yr. CAGR %	-18.27	-16.18	-34.14	7.83	19.31
Net Income, 3 Yr. CAGR %	-18.33	-16.1	-34.12	7.94	19.26
Normalized Net Income, 3 Yr. CAGR %	-15.79	-15.62	-33.87	2.46	17.38
Diluted EPS Before Extra, 3 Yr. CAGR %	-18.33	-16.11	-34.14	7.89	19.18
Accounts Receivable, 3 Yr. CAGR %	-8.01	-14.81	4.72	21.2	40.04
Inventory, 3 Yr. CAGR %	13.98	-7.49	-56.17	-53.36	-45.22
Net Property, Plant and Equip., 3 Yr. CAGR %	-7.36	-2.63	-0.95	-0.39	1.07
Total Assets, 3 Yr. CAGR %	2.37	-3.85	-4.44	1.87	9.08
Tangible Book Value, 3 Yr. CAGR %	5.38	2.85	1.01	2.79	4.98
Common Equity, 3 Yr. CAGR %	6.5	3.99	0.87	1.93	3.7
Cash From Operations, 3 Yr. CAGR %	38.88	-11.72	-17.78	2.59	-31.82
Capital Expenditures, 3 Yr. CAGR %	-1.49	-24.4	-12.08	-29.12	2.29
Levered Free Cash Flow, 3 Yr. CAGR %	86.3	-18.53	14.53	25.08	-45.26
Unlevered Free Cash Flow, 3 Yr. CAGR %	86.07	-18.53	14.53	25.08	-45.26
Dividend Per Share, 3 Yr. CAGR %	3.57	0	-5.9	2.6	8.58
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.11	-0.79	-0.86	1.28	0.9
Gross Profit, 5 Yr. CAGR %	1.3	-1.85	-4.52	-3.08	-1.13
EBITDA, 5 Yr. CAGR %	-3.95	-5.4	-14.14	-8.34	-3.25
EBITA, 5 Yr. CAGR %	-4.14	-6.51	-17.55	-10.65	-4.3
EBIT, 5 Yr. CAGR %	-4.14	-6.51	-17.55	-10.65	-4.3
Earnings From Cont. Operations, 5 Yr. CAGR %	-4.32	-4.68	-16.95	-10.58	-2.84
Net Income, 5 Yr. CAGR %	-4.38	-4.65	-16.94	-10.55	-2.82
Normalized Net Income, 5 Yr. CAGR %	-4.23	-6.43	-17.25	-10.44	-4.2
Diluted EPS Before Extra, 5 Yr. CAGR %	-4.38	-4.66	-16.95	-10.58	-2.86
Accounts Receivable, 5 Yr. CAGR %	0.37	-0.65	3.42	3.38	14.11
Inventory, 5 Yr. CAGR %	1.47	-0.71	-30.9	-36.31	-36.94
Net Property, Plant and Equip., 5 Yr. CAGR %	-6.06	-6.3	-4.8	-1.07	-0.36
Total Assets, 5 Yr. CAGR %	4.68	1.76	0.7	-0.49	2.48
Tangible Book Value, 5 Yr. CAGR %	8.6	6.61	4.1	2.85	3.22
Common Equity, 5 Yr. CAGR %	8.48	6.66	4.5	3.05	2.59
Cash From Operations, 5 Yr. CAGR %	0.57	-13.06	10.62	-4.43	-23.3
Capital Expenditures, 5 Yr. CAGR %	1.23	2.49	-13.61	-21.97	-5.13
Levered Free Cash Flow, 5 Yr. CAGR %	-4.39	-15.33	58.86	-4.5	-26.82
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.42	-15.33	58.74	-4.5	-26.82
Dividend Per Share, 5 Yr. CAGR %	10.76	5.64	2.13	1.55	1.3