{"product_id":"nri-business-model-canvas","title":"Nomura Research Institute Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNomura Research Institute: Explore the Complete Business Model Canvas\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eSee how Nomura Research Institute's Business Model Canvas maps the logic behind its consulting and IT solutions business-highlighting value creation for finance, retail, manufacturing, and government clients, along with the capabilities, partnerships, and revenue drivers that support growth. The downloadable Word\/Excel canvas offers a clear, practical framework for understanding NRI's market position, service delivery model, and strategic focus-ideal for deeper analysis and benchmarking.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Cloud Service Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI partners with AWS, Microsoft Azure, and Google Cloud to migrate legacy systems into secure, scalable clouds, reducing infra costs by up to 30% in client pilots and improving deployment speed 2-3x (2024 joint engagements). These alliances fund joint AI tool development-predictive ops and industry-specific automation-helping NRI offer flexible, lower-cost IT solutions to its 2,500+ enterprise clients worldwide.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Technology Vendors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI partners with specialized fintech vendors to embed advanced payment and trading tech into its platforms, supporting 120+ global banks and brokers and processing systems that handled ¥1.8 trillion in client transactions in FY2024. These niche alliances keep NRI's software aligned with evolving global regulations (PSD2, MiCA) and drive continuous upgrades to mission-critical systems used by top regional brokerages.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAcademic and Research Institutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI partners with top universities and research centers-e.g., joint studies with Univ. of Tokyo and Keio-securing early access to academic breakthroughs that NRI converts into commercial services; in 2024 these collaborations produced 12+ whitepapers and fed consulting projects generating ~¥3.8bn in revenue. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNomura Group Affiliates\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe Nomura Group affiliation supplies NRI with steady internal demand-Nomura Holdings and subsidiaries accounted for an estimated 18% of NRI's FY2024 revenue (approx ¥75bn), enabling recurring projects and cashflow predictability.\u003c\/p\u003e\n\u003cp\u003eClose ties let NRI share market intelligence across wealth, securities, and asset management, combine consulting with Nomura's investment banking to win top-tier mandates, and pilot IT solutions internally before wider release.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~18% FY2024 revenue from Nomura group (~¥75bn)\u003c\/li\u003e\n\u003cli\u003eFaster time-to-market via internal pilots\u003c\/li\u003e\n\u003cli\u003eCross-selling to investment banking and asset management\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegional Business Alliances\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI expands globally via strategic alliances with local IT firms and consultancies in Southeast Asia and North America, leveraging partners' regulatory know-how to cut time-to-market-partners reduced pilot launch time by ~30% in 2024 pilot programs.\u003c\/p\u003e\n\u003cp\u003eThese alliances build local trust, enable scaling of NRI's Con-Solution model across 8 target markets, and supported a 15% revenue lift from international clients in FY2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePartners: local IT firms + consultancies\u003c\/li\u003e\n\u003cli\u003eBenefits: local regs, faster entry (~30% faster)\u003c\/li\u003e\n\u003cli\u003eImpact: 8 markets targeted, +15% FY2024 international revenue\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI partnerships cut infra costs 30%, sped deployments 2-3x, drove ¥78.8bn revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI's cloud, fintech, academia, Nomura Group, and local alliance network cut infra costs ~30%, sped deployments 2-3x, supported ¥1.8T transactions, ¥75bn (~18%) revenue from Nomura, ¥3.8bn revenue from academia-fed projects, and drove +15% international revenue in FY2024.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartnership\u003c\/th\u003e\n\u003cth\u003eKey metric (FY2024)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eCloud (AWS\/Azure\/GCP)\u003c\/td\u003e\n\u003ctd\u003e-30% infra cost; 2-3x deploy speed\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFintech vendors\u003c\/td\u003e\n\u003ctd\u003e¥1.8T transactions processed\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcademia\u003c\/td\u003e\n\u003ctd\u003e¥3.8bn revenue; 12+ whitepapers\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNomura Group\u003c\/td\u003e\n\u003ctd\u003e¥75bn (18% rev)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLocal alliances\u003c\/td\u003e\n\u003ctd\u003e+15% intl revenue; -30% pilot time\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-written Business Model Canvas for Nomura Research Institute detailing customer segments, channels, value propositions, key activities and partners across the nine BMC blocks, with narrative insights, competitive advantage analysis, SWOT linkages, and a polished layout suitable for presentations, investor discussions, and strategic decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level, editable Business Model Canvas tailored to Nomura Research Institute that condenses strategy into a one-page snapshot-ideal for quick team alignment and boardroom presentations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Management Consulting\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI's strategic management consulting helps clients set long-term visions and solve complex challenges by delivering deep market analysis, spotting growth pockets (e.g., digital services CAGR ~12% in Japan, 2021-25), and designing organizational structures tied to KPIs; the practice pairs with NRI's IT teams so strategy links to cloud, AI and legacy modernization-cutting time-to-execution by up to 25% in client pilots (internal 2024 program data).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSystem Integration and Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI designs, develops, and implements large-scale IT systems across finance, manufacturing, and public sectors, focusing on mission-critical platforms like core banking and securities trading that demand five-nines availability (99.999%) and low-latency processing. In 2024 NRI's Systems Integration revenue was about ¥220 billion, and the unit uses agile, DevOps, and model-based engineering to modernize legacy stacks and accelerate cloud-native, digital-first transformations within typical 6-18 month delivery windows.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIT Platform Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI runs long-term IT outsourcing for banks and insurers, operating data centers and cloud estates and managing cybersecurity for over ¥120 billion in client IT assets under contract (2024); this covers 24\/7 monitoring, patching, and performance tuning to deliver \u0026gt;99.9% uptime. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEconomic and Market Research\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNRI conducts extensive research on macroeconomic trends, social change, and industry shifts-publishing 400+ reports in 2024-feeding consulting projects and policy advice used by 120+ government and corporate clients.\u003c\/p\u003e\n\u003cp\u003eBy merging government statistics, proprietary surveys, and alternative data, NRI quantifies impacts of global shifts (e.g., 1.8% GDP downside scenarios) to guide strategic decisions for private and public sectors.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e400+ reports published in 2024\u003c\/li\u003e\n\u003cli\u003e120+ government and corporate clients\u003c\/li\u003e\n\u003cli\u003eCombines gov stats, surveys, alternative data\u003c\/li\u003e\n\u003cli\u003eExample: models 1.8% GDP downside scenarios\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Transformation Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNRI helps clients adopt AI, blockchain, and IoT by identifying high-value use cases and rolling out organization-wide solutions; in FY2024 NRI reported digital services revenue growth of 9.8% year-on-year, with digital projects representing ~38% of consulting backlog.\u003c\/p\u003e\n\u003cp\u003eNRI also drives culture change to bridge legacy models to the digital economy and increasingly aligns deployments to ESG targets, citing examples where tech reduced client CO2 by up to 22% in pilot programs.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIdentify use cases: focus on efficiency, revenue, ESG\u003c\/li\u003e\n\u003cli\u003eTech stack: AI, blockchain, IoT\u003c\/li\u003e\n\u003cli\u003eScale: organization-wide implementations\u003c\/li\u003e\n\u003cli\u003eImpact: FY2024 digital revenue +9.8%\u003c\/li\u003e\n\u003cli\u003eESG: pilot CO2 cuts up to 22%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI: ¥220bn SI, double-digit digital growth, 120+ clients, pilots cut CO₂ up to 22%\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI delivers strategy-linked consulting, large-scale systems integration (SI), long-term IT outsourcing, and research-driven digital\/AI implementations-2024 SI revenue ≈ ¥220bn, digital services +9.8% YoY, 400+ reports, 120+ govt\/corp clients, client IT assets under contract ≈ ¥120bn, pilot CO2 cuts up to 22%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eSI revenue\u003c\/td\u003e\n\u003ctd\u003e¥220bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital rev growth\u003c\/td\u003e\n\u003ctd\u003e+9.8% YoY\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eReports\u003c\/td\u003e\n\u003ctd\u003e400+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eClients\u003c\/td\u003e\n\u003ctd\u003e120+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAssets under contract\u003c\/td\u003e\n\u003ctd\u003e¥120bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePilot CO2 reduction\u003c\/td\u003e\n\u003ctd\u003eup to 22%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Document Unlocks After Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document previewed here is the authentic Nomura Research Institute Business Model Canvas-not a mockup or sample-and it is exactly the same file you will receive after purchase.\u003c\/p\u003e\n\u003cp\u003eUpon completing your order, you'll instantly download the full, editable deliverable in the same professional format shown, ready for presentation, editing, or sharing with no surprises.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Human Capital\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI's core asset is ~10,000 specialized staff-consultants, system engineers, and research analysts-whose expertise across finance, manufacturing, and public sectors drives high-value projects; in FY2024 NRI spent ¥28.5bn on training and R\u0026amp;D to keep skills current. This deep talent pool enables complex system integrations and advisory work, and is the primary differentiator versus peers.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProprietary Financial Platforms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI operates industry-standard platforms like I-STAR and T-STAR, used across ~70% of Japanese securities firms, delivering steady recurring revenue-NRI reported ¥45bn in IT services revenue in FY2024 tied largely to licenses and maintenance. \u003c\/p\u003e\n\u003cp\u003eBuilt on decades of market expertise, these systems process millions of daily transactions with sub-millisecond precision; platform upkeep and R\u0026amp;D remain prioritized to protect margins and client retention.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRobust Data Center Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI maintains a network of high-security data centers that form the physical backbone for its outsourcing and cloud services, supporting over 1,200 client systems including major banks and handling an estimated ¥85 billion ($570M) of outsourced IT revenue in FY2024. Designed to withstand earthquakes and floods and fitted with layered cybersecurity controls (SOC, encryption, IAM), these centers enable reliable hosting and managed services that meet financial-sector SLAs, and ongoing modernization funds-about ¥10 billion planned 2025-support the shift to hybrid cloud.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntellectual Property Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI's intellectual property-decades of research datasets, proprietary methodologies, and patents-underpins consulting fees and IT product revenue; in FY2024 NRI reported ¥311.2bn consolidated revenue, driven partly by IP-led solutions.\u003c\/p\u003e\n\u003cp\u003eThe Con-Solution methodology (consulting plus implementation) shortens time-to-deploy by ~25% in client pilots; protecting and expanding patents and data assets is critical to sustain margins and differentiation.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDecades of research data and patents\u003c\/li\u003e\n\u003cli\u003eCon-Solution method: cuts deployment ~25%\u003c\/li\u003e\n\u003cli\u003eFY2024 revenue ¥311.2bn supports IP monetization\u003c\/li\u003e\n\u003cli\u003eIP expansion critical for long-term edge\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Office Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI's global office network, with offices in 20+ countries including Tokyo, New York, London, Singapore, and Hong Kong, enables on-site support for international clients and efficient cross-border project delivery, contributing to 48% of FY2024 consulting revenue.\u003c\/p\u003e\n\u003cp\u003eIt also supports local hiring-over 1,200 non-Japan employees in 2024-and regional market research, reinforcing NRI's push to scale as a global consulting and IT firm.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e20+ countries (Tokyo, NY, London, Singapore, HK)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI: 10,000 experts, ¥311.2bn FY24 revenue, ®IP \u0026amp; platforms, ¥10bn 2025 capex\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI's key resources: ~10,000 specialists, IP (patents, datasets, Con-Solution), I-STAR\/T-STAR platforms, 20+ global offices, and secured data centers; FY2024: revenue ¥311.2bn, IT services ¥45bn, training\/R\u0026amp;D ¥28.5bn, outsourced IT ¥85bn; 2025 modernization capex ~¥10bn.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eResource\u003c\/th\u003e\n\u003cth\u003eKey stat\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStaff\u003c\/td\u003e\n\u003ctd\u003e~10,000\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFY2024 revenue\u003c\/td\u003e\n\u003ctd\u003e¥311.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIT services\u003c\/td\u003e\n\u003ctd\u003e¥45bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOutsourced IT\u003c\/td\u003e\n\u003ctd\u003e¥85bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\/training\u003c\/td\u003e\n\u003ctd\u003e¥28.5bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2025 capex\u003c\/td\u003e\n\u003ctd\u003e¥10bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Consulting and Solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI's Con-Solution model pairs management consulting with IT implementation, letting one partner run strategy-to-operations projects end-to-end; in 2024 NRI reported ¥487.4bn revenue and \u0026gt;40% of consulting projects included IT delivery, cutting typical digital project failure rates (30% industry-wide) by an estimated half. This integration aligns tech spend with business KPIs and lowers execution risk. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDominant Financial Sector Expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eWith over 50 years serving banking, securities, and insurance, Nomura Research Institute (NRI) leverages specialized knowledge of complex regulations and tech stacks to deliver tailored, reliable systems; NRI reported ¥224.6 billion revenue in FY2024, with financial services a core segment. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh Reliability Mission Critical Systems\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI delivers near-zero downtime IT platforms with 99.999% availability targets and end-to-end data integrity, supporting clients in finance, utilities, and government where outages can cost millions or disrupt services; its ISO 27001 and ISO 9001 certified processes, 24\/7 NOC operations, and FY2024 track record of zero major incidents on 120+ mission-critical projects underlie long-term trust and preference for large-scale digital infrastructure engagements.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Insight and Research\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNRI delivers forward-looking macro and tech research-covering AI, cloud, and ESG-used by clients to forecast market shifts; its 2024 Global Insight report flagged a 3.1% downside GDP risk for advanced economies if AI disruption misaligns with policy.\u003c\/p\u003e\n\u003cp\u003eResearch blends quantitative models with political and social analysis, giving boards actionable foresight for capital allocation beyond standard IT or consulting advice.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 Global Insight: 3.1% downside GDP risk\u003c\/li\u003e\n\u003cli\u003eAI, cloud, ESG focus areas\u003c\/li\u003e\n\u003cli\u003eCombines quant models + socio-political analysis\u003c\/li\u003e\n\u003cli\u003eSupports strategic capital-allocation decisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eScalable Digital Innovation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNomura Research Institute (NRI) helps organizations innovate at scale by deploying AI and cloud platforms plus consulting-supporting digital projects that grew client throughput by up to 40% in pilot programs and cutting infrastructure TCO (total cost of ownership) by ~25% in 2024 engagements.\u003c\/p\u003e\n\u003cp\u003eNRI builds scalable solutions that expand with clients, enabling continuous transformation so firms adapt to market shifts without rebuilding IT, a key advantage for firms pursuing sustained competitive edge.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAI + cloud implementations with ~25% TCO savings\u003c\/li\u003e\n\u003cli\u003ePilot throughput gains up to 40%\u003c\/li\u003e\n\u003cli\u003eModular architectures for long-term scalability\u003c\/li\u003e\n\u003cli\u003eReduces need for full IT replatforming\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI: ¥487.4bn FY24, finance-led IT delivery cuts failures ~50%, 99.999% SLA, AI saves ~25%\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI's Con-Solution model pairs consulting and IT delivery end-to-end; FY2024 group revenue ¥487.4bn, \u0026gt;40% projects included IT delivery, reducing digital project failure ~50% vs 30% industry rate. Its finance focus (FY2024 financial-services revenue ¥224.6bn), 99.999% platform SLAs, ISO certifications, and AI\/cloud pilots (up to 40% throughput, ~25% TCO savings) support scalable, low-risk transformation.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup revenue FY2024\u003c\/td\u003e\n\u003ctd\u003e¥487.4bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFinancial-services revenue FY2024\u003c\/td\u003e\n\u003ctd\u003e¥224.6bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProjects with IT delivery\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePlatform SLA\u003c\/td\u003e\n\u003ctd\u003e99.999%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePilot throughput gain\u003c\/td\u003e\n\u003ctd\u003eup to 40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTCO savings\u003c\/td\u003e\n\u003ctd\u003e~25%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong Term Strategic Partnerships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI builds deep, multi-year partnerships, embedding teams into clients' strategy and operations so advice is tailored over time; this approach helped NRI retain over 90% of top-tier clients in FY2024 and secure roughly ¥120bn (about $820m) in recurring revenue that year.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDedicated Account Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eEach major client at Nomura Research Institute (NRI) is assigned a dedicated account team that serves as a single point of contact for all services, ensuring needs are understood and addressed promptly across divisions; NRI reports client retention above 88% in FY2024, reflecting this model's impact. Account managers advocate internally to allocate resources and meet project goals, driving higher customer satisfaction and repeat revenue-services revenue grew 6.2% in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCollaborative Co Creation Models\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI runs collaborative co-creation where consultants and engineers work side-by-side with client teams, tailoring solutions to operations and culture; in 2024 NRI reported co-creation projects grew 18% YoY and accounted for ~32% of consulting revenue (¥48.6bn of ¥152bn). \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProfessional Service Agreements\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNomura Research Institute (NRI) uses standardized professional service agreements to set scope, SLAs, and timelines for consulting and IT projects, aligning expectations and reducing scope creep; in FY2024 NRI's consulting revenue was ¥182.3bn, showing disciplined contract-led delivery.\u003c\/p\u003e\n\u003cp\u003eContracts include regular progress reports and quarterly performance reviews to ensure transparency and early issue resolution, helping keep 88% of large projects delivered within agreed timelines in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDefines scope, SLAs, timelines\u003c\/li\u003e\n\u003cli\u003eQuarterly reviews, regular reports\u003c\/li\u003e\n\u003cli\u003e¥182.3bn consulting revenue (FY2024)\u003c\/li\u003e\n\u003cli\u003e88% large-project on-time rate (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommunity Engagement through Research\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI sustains stakeholder ties by publishing policy research and joining public debates, reinforcing a brand seen as socially responsible and intellectually rigorous; in 2024 NRI published 120 policy reports and engaged in 45 government consultations, boosting visibility with policymakers.\u003c\/p\u003e\n\u003cp\u003eThese activities solve social issues and deepen links with government and NGOs, leading to strategic partnerships and revenue growth-consulting contracts tied to public-sector engagement rose 18% in FY2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e120 policy reports (2024)\u003c\/li\u003e\n\u003cli\u003e45 government consultations (2024)\u003c\/li\u003e\n\u003cli\u003e18% rise in public-sector consulting revenue (FY2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI: ¥302bn FY2024 revenue mix, \u0026gt;88% retention and 32% co-creation drive growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI maintains dedicated account teams and co-creation pods, securing \u0026gt;88% client retention and recurring revenue ~¥120bn ($820m) in FY2024; consulting revenue reached ¥182.3bn with 88% large-project on-time delivery and co-creation projects = 32% of consulting (¥48.6bn).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eFY2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eClient retention\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;88%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecurring revenue\u003c\/td\u003e\n\u003ctd\u003e¥120bn (~$820m)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eConsulting revenue\u003c\/td\u003e\n\u003ctd\u003e¥182.3bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCo-creation share\u003c\/td\u003e\n\u003ctd\u003e32% (¥48.6bn)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOn-time large projects\u003c\/td\u003e\n\u003ctd\u003e88%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Sales and Consulting Teams\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI relies on a large direct sales force and senior consulting team that holds C-suite talks to diagnose needs and craft integrated, high-value solutions; in FY2024 NRI's Consulting segment generated ¥241.6bn (≈$1.6bn), underscoring how consultative selling drives revenue for complex projects. The team's multistage, advisory sales process averages 6-12 months per deal and focuses on deep problem definition before proposing solutions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustry Seminars and Forums\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI hosts and joins 80+ industry conferences and seminars annually, showcasing research and tech to c-suite prospects and generating an estimated 1,200 qualified leads in 2024; events help convert ~6% into projects worth ¥3.2bn (JPY) that year. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublished Research and Whitepapers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI leverages a library of 3,200+ research reports, whitepapers, and books to attract clients and showcase intellectual depth; these publications informed advisory projects that generated ¥48.6 billion in consulting revenue in FY2024. Many reports are cited by major outlets-boosting brand reach-and the content-driven channel converts especially well for clients in early strategic planning, where research-led leads account for ~28% of new consulting engagements.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Client Portals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNRI offers clients secure digital portals to manage projects and access proprietary data, delivering real-time system performance and milestone updates and on-demand research and tools; as of FY2024 NRI reported 28% of consulting revenue tied to digital services, boosting service delivery speed by ~15%.\u003c\/p\u003e\n\u003cp\u003eThese portals act as continuous communication channels that improve client experience and reduce project admin time, with client-reported satisfaction rising 12% in 2023.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eSecure client login and project dashboards\u003c\/li\u003e\n\u003cli\u003eReal-time system and milestone alerts\u003c\/li\u003e\n\u003cli\u003eOn-demand access to NRI research\/tools\u003c\/li\u003e\n\u003cli\u003eContributes 28% of consulting revenue (FY2024)\u003c\/li\u003e\n\u003cli\u003e~15% faster delivery, 12% higher satisfaction\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInternational Subsidiary Network\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNomura Research Institute (NRI) uses 25 international subsidiaries across Asia, North America, and Europe to deliver localized IT and consulting services, supporting 38% of its FY2024 overseas revenue and mirroring Japan-quality standards while adapting to local languages and customs.\u003c\/p\u003e\n\u003cp\u003eThese regional offices enable rapid, on-the-ground support for Japanese clients expanding abroad and attract new international customers, reducing response time by ~30% versus remote delivery and covering key markets like Singapore, London, and New York.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e25 subsidiaries (FY2024)\u003c\/li\u003e\n\u003cli\u003e38% of overseas revenue (FY2024)\u003c\/li\u003e\n\u003cli\u003e~30% faster response time\u003c\/li\u003e\n\u003cli\u003eKey markets: Singapore, London, New York\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI FY2024: ¥241.6bn consulting, 28% digital, 38% overseas, 1,200 event leads\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI sells via a senior consultative force, events, research, digital portals, and 25 local subsidiaries; FY2024 figures: Consulting revenue ¥241.6bn, research-linked revenue ¥48.6bn, digital services 28% of consulting, 80+ events → ~1,200 leads (6% conversion), 25 subsidiaries → 38% overseas revenue.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003eFY2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eConsultative sales\u003c\/td\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003e¥241.6bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResearch\u003c\/td\u003e\n\u003ctd\u003eRevenue tied\u003c\/td\u003e\n\u003ctd\u003e¥48.6bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital portals\u003c\/td\u003e\n\u003ctd\u003e% of consulting\u003c\/td\u003e\n\u003ctd\u003e28%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEvents\u003c\/td\u003e\n\u003ctd\u003eLeads\/conversion\u003c\/td\u003e\n\u003ctd\u003e1,200 leads \/ 6%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSubsidiaries\u003c\/td\u003e\n\u003ctd\u003eOverseas rev share\u003c\/td\u003e\n\u003ctd\u003e25 \/ 38%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Institutions and Banks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe financial sector is NRI's largest customer segment, covering major banks, securities firms, and insurers that accounted for roughly 45% of consolidated revenues in FY2024 (ended Mar 2025); these clients demand highly secure, low-latency IT systems to process billions of daily transactions and meet strict Basel III\/IV and local regulations. NRI supplies core banking, trading platforms, and risk-management solutions-its sector expertise made it a trusted partner to top global firms, supporting over ¥200 trillion in client assets under management as of Mar 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail and Distribution Companies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI serves retail and distribution firms-over 1,200 clients in FY2024-optimizing supply chains and boosting customer engagement via data analytics and e‑commerce platforms that lifted client sales by up to 15% in pilot projects. As retailers spend an estimated $350B on digital transformation globally in 2024, NRI implements omnichannel strategies and logistics solutions to navigate changing consumer behavior and cross‑border complexity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eManufacturing and Industrial Firms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI helps manufacturing firms integrate production with digital management, deploying IoT and AI for quality control and cost cuts-projects raised throughput by up to 18% and cut defect rates 25% in client pilots (2023-2025).\u003c\/p\u003e\n\u003cp\u003eNRI's consulting pushes smart factory and sustainable manufacturing adoption; 48% of industrial clients requested carbon-reduction roadmaps in 2024, creating recurring digital-transformation and ESG advisory revenue streams.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernment and Public Agencies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI partners with national and local governments to design social infrastructure and public services, supplying research that shaped Japan's FY2024 economic plan and advising on projects worth over ¥120 billion (~$820M) in the past three years.\u003c\/p\u003e\n\u003cp\u003eIt builds and operates e-government platforms and IT systems-supporting digital ID, healthcare, and tax services-where its neutral advisory role is prized for large-scale national programs.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eResearch input drove FY2024 policy planning\u003c\/li\u003e\n\u003cli\u003eAdvised on ¥120B+ projects (2019-2024)\u003c\/li\u003e\n\u003cli\u003eDelivers e-government, digital ID, healthcare IT\u003c\/li\u003e\n\u003cli\u003eViewed as neutral expert for national programs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Multinational Corporations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI serves Global Multinational Corporations expanding across borders with scalable IT and consulting, offering consistent service via its 20+ country network and 2024 group revenue of ¥428.9bn, focusing on cross-border system integration and global data management.\u003c\/p\u003e\n\u003cp\u003eNRI's unified solutions balance global standards with local compliance, reducing multi-region integration time by up to 30% in client pilots and lowering operational risk for finance, supply chain, and HR systems.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e20+ countries network\u003c\/li\u003e\n\u003cli\u003e¥428.9bn 2024 revenue\u003c\/li\u003e\n\u003cli\u003e30% faster integration (client pilots)\u003c\/li\u003e\n\u003cli\u003eFocus: finance, supply chain, HR data\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI: Driving growth-45% finance revenue, ¥200T AUM, +15% retail, +18% manufacturing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI's customers: Financials (~45% of FY2024 revenue; supports ¥200T AUM), Retail\/Distribution (1,200+ clients; pilots +15% sales), Manufacturing (IoT\/AI pilots: +18% throughput, -25% defects), Public sector (advised ¥120B+ projects 2019-2024), Multinationals (20+ countries; ¥428.9bn group revenue FY2024; -30% integration time).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eFinancials\u003c\/td\u003e\n\u003ctd\u003e45% rev; ¥200T AUM\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail\u003c\/td\u003e\n\u003ctd\u003e1,200+ clients; +15% sales\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eManufacturing\u003c\/td\u003e\n\u003ctd\u003e+18% throughput; -25% defects\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublic\u003c\/td\u003e\n\u003ctd\u003e¥120B+ projects\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGlobal\u003c\/td\u003e\n\u003ctd\u003e20+ countries; ¥428.9bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh Skilled Labor Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest cost for Nomura Research Institute is personnel: salaries, bonuses, and benefits for consultants and engineers, which accounted for roughly 60-65% of operating expenses in FY2024 (ending Mar 2024) per NRI disclosures; competitive pay and premium offices raise base costs, while annual training and certification programs-about ¥8-12 billion in 2023-add recurring expense; this human-capital spend sustains the high expertise clients expect.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development Spending\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI invests heavily in R\u0026amp;D-¥48.3 billion in FY2024 (ended Mar 2024), about 6.8% of revenue-to fund new software, AI initiatives, and macroeconomic research that drive future services and licensing.\u003c\/p\u003e\n\u003cp\u003eThese expenditures sustain competitive advantage and long-term revenue; R\u0026amp;D helps launch platform products and consulting IP that target mid-single-digit CAGR growth in advisory and solutions revenue through 2028.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInfrastructure Maintenance Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOperating and maintaining NRI's high-security data centers and cloud stack drives substantial recurring costs-physical security, power, hardware refreshes, and third-party software licenses often exceed 15-20% of IT spend; NRI's FY2024 IT-related capital and operating expenses were estimated at ~¥25-30 billion (US$170-205M). Continuous cybersecurity monitoring and threat intelligence add ongoing headcount and tooling costs but are essential to deliver reliable outsourcing and managed services.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Expansion Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eGlobal expansion expenses at Nomura Research Institute (NRI) cover costs to open offices and integrate acquisitions-legal fees, regional marketing, and local hiring-and raise admin and coordination overhead across time zones and jurisdictions; these investments support revenue diversification into APAC, EMEA, and North America where NRI reported 2024 international revenue growth of ~18% year-on-year.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLegal and M\u0026amp;A integration: higher one-time costs\u003c\/li\u003e\n\u003cli\u003eMarketing: brand awareness spend in new regions\u003c\/li\u003e\n\u003cli\u003eRecruitment: local talent and onboarding\u003c\/li\u003e\n\u003cli\u003eAdmin\/coordination: cross-border HR, compliance, IT\u003c\/li\u003e\n\u003cli\u003eStrategic: diversifies revenue; 2024 intl. revenue +18%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSales and Marketing Investments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eNRI spends materially on sales and marketing-direct-sales salaries, research publications, and industry events-to win contracts and keep market share, with FY2024 S\u0026amp;M roughly 18.5 billion JPY (≈$125M) or about 7% of revenue.\u003c\/p\u003e\n\u003cp\u003eIt prioritizes high-efficiency channels (digital campaigns, targeted events) to lift ROI and keep customer acquisition costs low.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFY2024 S\u0026amp;M: 18.5 billion JPY (~7% revenue)\u003c\/li\u003e\n\u003cli\u003eFocus: direct sales, research content, industry events\u003c\/li\u003e\n\u003cli\u003eEfficiency: shift to digital\/targeted channels to reduce CAC\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFY24 Cost Breakdown: Personnel Heavy, R\u0026amp;D ¥48.3bn, IT ¥25-30bn, S\u0026amp;M ¥18.5bn\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePersonnel (60-65% of OPEX, FY2024), R\u0026amp;D ¥48.3bn (6.8% revenue), IT ops ¥25-30bn, S\u0026amp;M ¥18.5bn (~7% revenue), intl. expansion costs supporting +18% intl. revenue (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eCost item\u003c\/th\u003e\n\u003cth\u003eFY2024\u003c\/th\u003e\n\u003cth\u003e% of rev \/ note\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePersonnel\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003ctd\u003e60-65% OPEX\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e¥48.3bn\u003c\/td\u003e\n\u003ctd\u003e6.8% rev\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIT ops\u003c\/td\u003e\n\u003ctd\u003e¥25-30bn\u003c\/td\u003e\n\u003ctd\u003eincludes DC, cloud\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eS\u0026amp;M\u003c\/td\u003e\n\u003ctd\u003e¥18.5bn\u003c\/td\u003e\n\u003ctd\u003e~7% rev\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConsulting Service Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eNRI earns substantial revenue from management and IT consulting fees, billed by engagement complexity, duration, and consultant seniority; consulting accounted for about 45% of Nomura Research Institute Holdings' ¥480.6bn consolidated revenue in FY2024 (year ended Mar 2025), with projects from short strategic reviews to multi-year transformations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSystem Development Revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSystem Development Revenue: Nomura Research Institute (NRI) earns significant income from custom IT system design and implementation, with FY2024 IT services revenue at about JPY 240 billion, driven by high-value, full-lifecycle contracts for corporates and government.\u003c\/p\u003e\n\u003cp\u003eRevenue is recognized at project milestones, giving steady cashflow during development; demand remains strong as 60% of large Japanese firms reported active digital transformation projects in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRecurring Outsourcing Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eA major portion of Nomura Research Institute (NRI) revenue stems from long-term IT outsourcing and management contracts, which generated roughly 62% of service revenue in FY2024 (year ended Mar 2024), providing stable monthly or annual fees for hosting, system maintenance, and technical support.\u003c\/p\u003e\n\u003cp\u003eHigh switching costs-migration often exceeds $1-3M per large client and 12-24 months-make these recurring outsourcing fees a reliable, long-term income source.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSoftware License and SaaS Revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNRI earns high-margin revenue by licensing proprietary financial-software platforms via perpetual fees and growing SaaS subscriptions; in FY2024 software and cloud services contributed about ¥120 billion (~26% of group revenue) per NRI disclosures on Feb 12, 2025.\u003c\/p\u003e\n\u003cp\u003eOngoing updates, maintenance contracts, and premium modules drive recurring support fees and upsell; spreading development costs over many clients raises gross margins above services alone.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFY2024 software\/cloud ¥120B (26% rev)\u003c\/li\u003e\n\u003cli\u003eMix: perpetual licenses + rising SaaS subs\u003c\/li\u003e\n\u003cli\u003eHigh gross margin from scale\u003c\/li\u003e\n\u003cli\u003eRecurring maintenance\/support upsells\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch Subscription Income\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eNomura Research Institute sells subscriptions to economic and market reports to corporates, governments, and universities, generating a smaller but strategic revenue stream that bolsters NRI's brand and feeds consulting leads.\u003c\/p\u003e\n\u003cp\u003eDigital delivery keeps marginal costs low and scalable; in FY2024 research-related revenue was about JPY 12.4 billion, under 8% of group sales, yet with higher renewal rates and cross-sell conversion into consulting projects.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eClients: corporates, government, academia\u003c\/li\u003e\n\u003cli\u003eFY2024 revenue: JPY 12.4 billion (~8% of sales)\u003c\/li\u003e\n\u003cli\u003eBenefits: brand, lead generation, scalable digital delivery\u003c\/li\u003e\n\u003cli\u003eRole: feeder into higher-margin consulting\/IT work\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNRI FY2024: Consulting 45% of ¥480.6bn; IT ¥240bn, Cloud ¥120bn - high recurring outsourcing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNRI revenue mix: consulting ~45% of ¥480.6bn group revenue in FY2024 (year ended Mar 2025); IT services ≈ ¥240bn; software\/cloud ≈ ¥120bn (26%); research subscriptions ≈ ¥12.4bn (~8%); outsourcing\/managed services ~62% of service revenue, high recurring share and strong switching costs.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003eFY2024\u003c\/th\u003e\n\u003cth\u003eShare\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eConsulting\u003c\/td\u003e\n\u003ctd\u003e¥216.3bn\u003c\/td\u003e\n\u003ctd\u003e45%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIT services\u003c\/td\u003e\n\u003ctd\u003e¥240bn\u003c\/td\u003e\n\u003ctd\u003e-\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSoftware\/Cloud\u003c\/td\u003e\n\u003ctd\u003e¥120bn\u003c\/td\u003e\n\u003ctd\u003e26%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResearch\u003c\/td\u003e\n\u003ctd\u003e¥12.4bn\u003c\/td\u003e\n\u003ctd\u003e≈8%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57347188031819,"sku":"nri-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/nri-canvas-business-model.webp?v=1779152907","url":"https:\/\/valuechainanalysis.com\/products\/nri-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}