Nomura Research Institute's (TYO:4307) profit attributable to owners of the parent rose 17.5% to 71.8 billion yen in the fiscal first quarter ended June 30, from 61.1 billion yen a year ago partly due to increased operating fees for shared online services.
The company said earnings per share rose to 125.15 yen from 104.68 yen a year ago, according to a Wednesday Tokyo Stock Exchange filing.
Revenue increased 3.3% to 568.2 billion yen from 550.0 billion yen a year earlier.
It forecasted attributable profit to grow 15.5% to 92.0 billion yen or 160.38 yen per share and net sales to gain 4.5% to 770.0 billion yen for the fiscal year ending March 31, 2025.
The company expects to pay a year-end dividend of 34 yen for the current fiscal year.
Nomura Research Institute shares recently gained 6%.
Price (JPY): $5293.00, Change: $+300, Percent Change: +6.01%
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