NOMURA Co (TSE:9716) Total Operating Expense: 円20,046 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9716 NOMURA Co Ltd TSE:9716
92 GF Score
Price 円1,178.00
GF Value 円1,103.73
Valuation Fairly Valued
View Full Analysis

What is NOMURA Co Total Operating Expense?

NOMURA Co TSE:9716 +0.60% 92 Total Operating Expense is 円20,046 Mil as of Feb. 2026. GuruFocus rates TSE:9716 with a GF Score™ of 92/100 and a GF Value™ of 円1,103.73 (Fairly Valued).

NOMURA Co's Total Operating Expense for the three months ended in Feb. 2026 was 円5,284 Mil. NOMURA Co's Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was 円20,046 Mil.


NOMURA Co Total Operating Expense Related Terms


NOMURA Co Total Operating Expense Historical Data

* Premium members only.

The historical data trend for NOMURA Co's Total Operating 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 Co Total Operating Expense Chart

NOMURA Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,263.00 15,241.00 17,070.00 18,480.00 19,950.00

NOMURA Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Operating 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 4,563.00 4,894.00 5,209.00 5,284.00 4,659.00
TSE:9716
92GF Score
NOMURA Co Ltd TSE:9716
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOMURA Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円20,046 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 Total Operating Expense of 円20,046 Mil mean?
NOMURA Co (TSE:9716) has a Total Operating Expense of 円20,046 Mil as of Feb. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on NOMURA Co and its competitors.
Is NOMURA Co's Total Operating Expense too high?
NOMURA Co's current Total Operating Expense is 円20,046 Mil. Overall, NOMURA Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NOMURA Co's Total Operating Expense compare to PWR and FIX?
NOMURA Co's Total Operating Expense of 円20,046 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Construction company?
A good Total Operating Expense depends on the Construction industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on NOMURA Co and its competitors. NOMURA Co's current Total Operating Expense is 円20,046 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOMURA Co stock overvalued right now?
Based on GuruFocus' analysis, NOMURA Co (TSE:9716) is currently considered Fairly Valued. The stock's GF Value™ is 円1,103.73, compared to a current price of 円1,178.00 — trading 6.7% above its estimated fair value. The current Total Operating Expense is 円20,046 Mil. NOMURA Co's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For NOMURA Co (TSE:9716), the current Total Operating Expense is 円20,046 Mil as of Feb. 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 Co (TSE:9716) Overvalued in 2026?

Based on GuruFocus' analysis, NOMURA Co stock appears to be overvalued. The current stock price of 円1,178.00 is trading 6.7% above its estimated GF Value™ of 円1,103.73. GuruFocus considers NOMURA Co to be Fairly Valued.

Key valuation signals for TSE:9716:

  • Total Operating Expense: 円20,046 Mil
  • GF Value™: 円1,103.73 vs. price of 円1,178.00 (6.7% above fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the TSE:9716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NOMURA Co Business Description

Address 2-3-4 Daiba, Minato-ku, Tokyo, JPN, 135-8622
NOMURA Co Ltd is a Japan-based company that is mainly engaged in the display business. The company provides consultancy, planning, designing, layout, creation, and construction services to help facilities attract visitors. In addition, it provides revitalization, operation, and management services for facilities and events. The facilities and event types that Nomura serves comprise retail shops, restaurants, medical facilities, department stores, commercial complexes, showrooms, company museums, museums, archives, art galleries, hotels, wedding halls, theme parks, amusement parks, sports facilities, sales promotion exhibitions and campaigns, expos, trade fairs, conference events, and so on. The company generates most of its sales from the Japanese domestic market.
92GF Score

Get the complete analysis for TSE:9716

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

円1,178.00
Price
円1,103.73
GF Value