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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
Nomura Research Institute received$1 Mil more from issuing new shares than it paid to buy back shares.
It received$2 Mil from issuing more debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$0 Mil paying cash dividends to shareholders.
It spent$0 Mil on other financial activities.
In all, Nomura Research Instituteearned$3 Mil on financial activities for the
three
months ended in Mar. 2026.
Nomura Research Institute (OTCPK:NURAF) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Nomura Research Institute's issuance of stock for the
three
months ended in Mar. 2026 was $1 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Nomura Research Institute's repurchase of stock for the
three
months ended in Mar. 2026 was $0 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Nomura Research Institute's net issuance of debt for the
three
months ended in Mar. 2026 was $2 Mil.
Nomura Research Institute received$2 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Nomura Research Institute's net issuance of preferred for the
three
months ended in Mar. 2026 was $0 Mil.
Nomura Research Institute paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Nomura Research Institute's cash flow for dividends for the
three
months ended in Mar. 2026 was $-0 Mil.
Nomura Research Institute spent$0 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Nomura Research Institute's other financing for the
three
months ended in Mar. 2026 was $-0 Mil.
Nomura Research Institute spent$0 Mil on other financial activities.
Nomura Research Institute Cash Flow from Financing Related Terms
Nomura Research Institute Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Nomura Research Institute's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nomura Research Institute Cash Flow from Financing Chart
Nomura Research Institute Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Nomura Research Institute's Cash from Financing for the fiscal year that ended in Mar. 2026 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-598 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Financing of $-598 Mil mean?
Nomura Research Institute (NURAF) has a Cash Flow from Financing of $-598 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Nomura Research Institute and its competitors.
Is Nomura Research Institute's Cash Flow from Financing too high?
Nomura Research Institute's current Cash Flow from Financing is $-598 Mil. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's Cash Flow from Financing compare to IBM and ACN?
Nomura Research Institute's Cash Flow from Financing of $-598 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for a Software company?
A good Cash Flow from Financing depends on the Software industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Nomura Research Institute and its competitors. Nomura Research Institute's current Cash Flow from Financing is $-598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Fairly Valued. The stock's GF Value™ is $30.69, compared to a current price of $31.25 — trading 1.8% above its estimated fair value. The current Cash Flow from Financing is $-598 Mil. Nomura Research Institute's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Nomura Research Institute (NURAF), the current Cash Flow from Financing is $-598 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nomura Research Institute (NURAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be overvalued.
The current stock price of $31.25 is trading 1.8% above its estimated GF Value™ of $30.69.
GuruFocus considers Nomura Research Institute to be Fairly Valued.
Key valuation signals for NURAF:
Cash Flow from Financing: $-598 Mil
GF Value™: $30.69 vs. price of $31.25 (1.8% above fair value)
No single metric tells the full story. See the NURAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score
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