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Overvaluation Will Crumble Under Japanese Demographics And Digital Competition

Published
10 Nov 24
Updated
05 Sep 25
AnalystConsensusTarget's Fair Value
JP¥1,087.14
1.1% overvalued intrinsic discount
05 Sep
JP¥1,099.00
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1Y
44.0%
7D
3.3%

Author's Valuation

JP¥1.1k

1.1% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on05 Sep 25

Despite marginal increases in the discount rate and future P/E, there was no meaningful change in the consensus analyst price target for Nomura Holdings, which remains at ¥1087. What's in the News Nomura Holdings completed a share repurchase program, buying back 66,790,900 shares (2.26%) for ¥59,999.91 million.

Shared on17 Jul 25
Fair value Increased 2.20%

Nomura Holdings' consensus price target was reduced from ¥1064 to ¥999, as a higher projected revenue growth rate was offset by a significantly lower future P/E multiple, leading analysts to revise the stock’s fair value downward. What's in the News Completed repurchase of 47,590,200 shares (1.61%) for ¥41,932.5 million as part of a previously announced share buyback program.

Shared on01 May 25
Fair value Decreased 1.38%

AnalystConsensusTarget has decreased revenue growth from -2.8% to -3.2%.

Shared on23 Apr 25
Fair value Decreased 0.051%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 1.38%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 1.55%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Increased 7.48%

AnalystConsensusTarget has increased revenue growth from -0.9% to -2.8% and increased future PE multiple from 12.5x to 14.1x.