Nomura raises full-year profit and dividend forecasts

Nomura Co., Ltd. has revised its full-year consolidated financial results and dividend forecasts upward for the fiscal year ending February 28, 2026. Net sales are now projected at ¥160,000 million, a 3.2% increase from the previous forecast of ¥155,000 million. Operating profit is forecast to reach ¥12,000 million, up 26.3% from ¥9,500 million, and profit attributable to owners of parent is expected to be ¥8,500 million, a 21.4% increase from ¥7,000 million. Basic earnings per share are revised to ¥76.17 from ¥62.75.

This upward revision is attributed to robust performance in the Specialty Store market, including overseas brand stores, and strong activity in the Expo and Event market, particularly related to Expo 2025 Osaka-Kansai. These projects, along with steady progress in urban redevelopment and inbound tourism, have contributed to higher net sales and improved profit margins across all categories.

The company also revised its year-end dividend forecast for the fiscal year ending February 28, 2026, to ¥40 per share, an increase of ¥6 from the previous forecast of ¥34. This proposal will be submitted at the 89th Ordinary General Meeting of Shareholders in late May 2026.