NURAF (Nomura Research Institute) General and Admin. Expense: $960 Mil (TTM As of Mar. 2026)


NURAF Nomura Research Institute Ltd NURAF
88 GF Score
Price $25.65
GF Value $30.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nomura Research Institute General and Admin. Expense?

Nomura Research Institute NURAF 88 General and Admin. Expense is $960 Mil as of Mar. 2026. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.67 (Modestly Undervalued). The stock has 3 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Nomura Research Institute's General and Admin. Expense for the three months ended in Mar. 2026 was $247 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $960 Mil.

Nomura Research Institute General and Admin. Expense Related Terms

Nomura Research Institute General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Nomura Research Institute's General and Admin. Expense 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 General and Admin. Expense Chart

Nomura Research Institute Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 957.48 984.41 950.17 966.55 917.82

Nomura Research Institute Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 252.06 241.30 236.58 235.00 246.76
NURAF
88GF Score
Nomura Research Institute Ltd NURAF
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Research Institute General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense 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 $960 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 General and Admin. Expense of $960 Mil mean?
Nomura Research Institute (NURAF) has a General and Admin. Expense of $960 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Nomura Research Institute and its competitors.
Is Nomura Research Institute's General and Admin. Expense too high?
Nomura Research Institute's current General and Admin. Expense is $960 Mil. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's General and Admin. Expense compare to IBM and ACN?
Nomura Research Institute's General and Admin. Expense of $960 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 General and Admin. Expense for a Software company?
A good General and Admin. Expense depends on the Software industry context. However, General and Admin. Expense 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 General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Nomura Research Institute and its competitors. Nomura Research Institute's current General and Admin. Expense is $960 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 Modestly Undervalued. The stock's GF Value™ is $30.67, compared to a current price of $25.65 — trading 16.4% below its estimated fair value. The current General and Admin. Expense is $960 Mil. Nomura Research Institute's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Nomura Research Institute (NURAF), the current General and Admin. Expense is $960 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 undervalued. The current stock price of $25.65 is trading 16.4% below its estimated GF Value™ of $30.67. GuruFocus considers Nomura Research Institute to be Modestly Undervalued.

Key valuation signals for NURAF:

  • General and Admin. Expense: $960 Mil
  • GF Value™: $30.67 vs. price of $25.65 (16.4% below fair value)
  • GF Score™: 88/100 with 3 warning signs

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 Business Description

Address 1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
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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General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.65
Price
$30.67
GF Value