Nomura Real Estate's Full-Year Profit Climbs 11%

MT Newswires Live04-24 19:32

Nomura Real Estate's (TYO:3231) profit attributable to owners of the parent climbed nearly 11% to 82.9 billion yen for the fiscal year ended March 31 from 74.8 billion yen a year earlier.

The real estate firm's earnings per share increased to 96.67 yen from 86.69 yen a year ago, according to a Tokyo bourse filing on Friday.

Operating revenue jumped 24% to 942.5 billion yen from 757.6 billion yen in the prior year.

The company declared a final dividend of 22 yen per share, payable from June 4.

For the fiscal year ending March 31, 2027, Nomura Real Estate expects attributable profit of 86 billion yen, basic EPS of 100.68 yen, and operating revenue of 1.080 trillion yen.

Nomura Real Estate plans to pay interim and year-end dividends of 22 yen per share each for the year, which is higher than the amount paid in the year-ago period.

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