NURAF (Nomura Research Institute) Total Tax Payable: $167 Mil (As of Mar. 2026)

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NURAF Nomura Research Institute Ltd NURAF
88 GF Score
Price $31.25
GF Value $30.69
Valuation Fairly Valued
! 4 Warning Signs
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What is Nomura Research Institute Total Tax Payable?

Nomura Research Institute NURAF 88 Total Tax Payable is $167 Mil as of Mar. 2026. GuruFocus rates NURAF with a GF Score™ of 88/100 and a GF Value™ of $30.69 (Fairly Valued). The stock has 4 warning signs investors should review.

Nomura Research Institute's Total Tax Payable for the quarter that ended in Mar. 2026 was $167 Mil.

Nomura Research Institute's quarterly Total Tax Payable declined from Sep. 2025 ($169 Mil) to Dec. 2025 ($74 Mil) but then increased from Dec. 2025 ($74 Mil) to Mar. 2026 ($167 Mil).

Nomura Research Institute's annual Total Tax Payable declined from Mar. 2024 ($159 Mil) to Mar. 2025 ($157 Mil) but then increased from Mar. 2025 ($157 Mil) to Mar. 2026 ($167 Mil).

Nomura Research Institute Total Tax Payable Related Terms

Nomura Research Institute Total Tax Payable Historical Data

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The historical data trend for Nomura Research Institute's Total Tax Payable 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 Total Tax Payable Chart

Nomura Research Institute Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Tax Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.13 97.95 159.35 156.74 166.55

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
Total Tax Payable 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 156.74 54.75 168.89 73.56 166.55
NURAF
88GF Score
Nomura Research Institute Ltd NURAF
Total Tax Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Research Institute Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of $167 Mil mean?
Nomura Research Institute (NURAF) has a Total Tax Payable of $167 Mil as of Mar. 2026. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Nomura Research Institute and its competitors.
Is Nomura Research Institute's Total Tax Payable too high?
Nomura Research Institute's current Total Tax Payable is $167 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 Total Tax Payable compare to IBM and ACN?
Nomura Research Institute's Total Tax Payable of $167 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 Total Tax Payable for a Software company?
A good Total Tax Payable depends on the Software industry context. However, Total Tax Payable 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 Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Nomura Research Institute and its competitors. Nomura Research Institute's current Total Tax Payable is $167 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 Total Tax Payable is $167 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 Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Nomura Research Institute (NURAF), the current Total Tax Payable is $167 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:

  • Total Tax Payable: $167 Mil
  • GF Value™: $30.69 vs. price of $31.25 (1.8% above fair value)
  • GF Score™: 88/100 with 4 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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Total Tax Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.25
Price
$30.69
GF Value