Nomura System Co (TSE:3940) ROE %: 0.00% (As of Dec. 2025)


TSE:3940 Nomura System Corporation Co Ltd TSE:3940
75 GF Score
Price 円117.00
GF Value 円144.21
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nomura System Co ROE %?

Nomura System Co TSE:3940 +2.63% 75 ROE % is 0.00% as of Dec. 2025. GuruFocus rates TSE:3940 with a GF Score™ of 75/100 and a GF Value™ of 円144.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,677 Software companies, Nomura System Co ranks worse than 51.81% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nomura System Co's annualized net income for the quarter that ended in Dec. 2025 was 円0 Mil. Nomura System Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円3,462 Mil. Therefore, Nomura System Co's annualized ROE % for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for Nomura System Co's ROE % or its related term are showing as below:

TSE:3940' s ROE % Range Over the Past 10 Years
Min: 4.07   Med: 11.86   Max: 14.95
Current: 4.07

During the past 11 years, Nomura System Co's highest ROE % was 14.95%. The lowest was 4.07%. And the median was 11.86%.

TSE:3940's ROE % is ranked worse than
51.81% of 2677 companies
in the Software industry
Industry Median: 4.73 vs TSE:3940: 4.07

Nomura System Co  (TSE:3940) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0/3461.633
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 3866.244)*(3866.244 / 3461.633)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1169
=ROA %*Equity Multiplier
=N/A %*1.1169
=0.00 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0/3461.633
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 3866.244) * (3866.244 / 3461.633)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 1.1169
=0.00 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Nomura System Co ROE % Related Terms


Nomura System Co ROE % Historical Data

* Premium members only.

The historical data trend for Nomura System Co's ROE % 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 System Co ROE % Chart

Nomura System Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.86 9.33 12.23 11.64 11.92

Nomura System Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 19.21 6.31 0.00 0.00 9.95

TSE:3940 vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, Nomura System Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nomura System Co ROE % vs Software Industry

For the Software industry and Technology sector, Nomura System Co's ROE % distribution charts can be found below:

* The bar in red indicates where Nomura System Co's ROE % falls into.


TSE:3940
75GF Score
Nomura System Corporation Co Ltd TSE:3940
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomura System Co ROE % Calculation

Nomura System Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=403.659/( (3248.614+3525.88)/ 2 )
=403.659/3387.247
=11.92 %

Nomura System Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=0/( (3397.386+3525.88)/ 2 )
=0/3461.633
=0.00 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
Nomura System Co (TSE:3940) has a ROE % of 0.00% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nomura System Co and its competitors. Over the past decade, Nomura System Co's ROE % has ranged from 4.07 to 14.95. According to the industry distribution chart, Nomura System Co ranks #1387 out of 2677 companies in the Software industry, placing it in the top 51.8%.
Is Nomura System Co's ROE % too high?
Nomura System Co's current ROE % is 0.00%. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 14.95. Based on the distribution chart, Nomura System Co ranks #1387 out of 2677 companies in the Software industry, which is below the industry midpoint. Overall, Nomura System Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura System Co's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Nomura System Co ranks #1387 out of 2677 companies for ROE %. This places Nomura System Co in the lower half of its industry. The industry median ROE % is 4.73. Historically, Nomura System Co's own ROE % has ranged from 4.07 to 14.95 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Software company?
The median ROE % among Software companies is 4.73, based on 2,677 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nomura System Co and its competitors. For the Software industry, the median ROE % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura System Co's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura System Co stock overvalued right now?
Based on GuruFocus' analysis, Nomura System Co (TSE:3940) is currently considered Modestly Undervalued. The stock's GF Value™ is 円144.21, compared to a current price of 円117.00 — trading 18.9% below its estimated fair value. The current ROE % is 0.00%. Nomura System Co's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nomura System Co (TSE:3940), the current ROE % is 0.00% as of Dec. 2025. 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 System Co (TSE:3940) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura System Co stock appears to be undervalued. The current stock price of 円117.00 is trading 18.9% below its estimated GF Value™ of 円144.21. GuruFocus considers Nomura System Co to be Modestly Undervalued.

Key valuation signals for TSE:3940:

  • ROE %: 0.00%
  • GF Value™: 円144.21 vs. price of 円117.00 (18.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:3940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura System Co Business Description

Address Ebisu District, Shibuya-ku, 1-chome third No.1, Asahi Seimei Ebisu building, 7th floor, Tokyo, JPN
Nomura System Corporation Co Ltd provides Erp Consultancy service and Network Consulting Service. It provides AP introduction consulting, SAP maintenance support center administration, RPA/AI consulting and Web system development consulting service.
75GF Score

Get the complete analysis for TSE:3940

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円117.00
Price
円144.21
GF Value