Prices as of 2026/10/30 close
Company comparison · Mid-Tier Real Estate & Asset Managers
Nomura Real Estate is the bigger company, with revenue of ¥942.5B — 10.0x Tosei's ¥94.7B.
Tosei earns more on each yen of sales, with an operating margin of 23.6% — 8.9 points above Nomura Real Estate (14.7%).
Revenue growth in the latest results: Nomura Real Estate +24.4%, Tosei +15.2%. For next year, Tosei guides for the fastest operating profit growth (+10.2%).
Nomura Real Estate pays more on average — ¥11.8M against ¥9.04M at Tosei.
Over the past year the shares moved Tosei +13.9%, Nomura Real Estate −2.2%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Nomura Real Estate aheadNomura Real Estate 3 : Tosei 0
Revenue: Nomura Real Estate ¥942.5B / Tosei ¥94.7B
ProfitabilityInvestors
Tosei aheadNomura Real Estate 1 : Tosei 2
Operating margin: Nomura Real Estate 14.7% / Tosei 23.6%
GrowthInvestors
Tosei aheadNomura Real Estate 1 : Tosei 4
Revenue growth (YoY): Nomura Real Estate +24.4% / Tosei +15.2%
Stock & balance sheetInvestors
Tosei aheadNomura Real Estate 0 : Tosei 2
Share price, 1 year: Nomura Real Estate −2.2% / Tosei +13.9%
Pay & workforceJob seekers
Nomura Real Estate aheadNomura Real Estate 3 : Tosei 0
Average salary: Nomura Real Estate ¥11.8M / Tosei ¥9.04M
| Metric | Nomura Real Estate | Tosei | Gap |
|---|---|---|---|
| Revenue | ◎¥942.5B | ¥94.7B | 10.0x |
| Operating profit | ◎¥138.2B | ¥22.3B | 6.2x |
| Net income | ◎¥82.9B | ¥14.8B | 5.6x |
| Metric | Nomura Real Estate | Tosei | Gap |
|---|---|---|---|
| Operating margin | 14.7% | ◎23.6% | 8.9pt |
| Net margin | 8.8% | ◎15.6% | 6.8pt |
| ROE | — | 15.3% | |
| Revenue per employee | ◎¥2.3B | ¥336M | 7.0x |
| Metric | Nomura Real Estate | Tosei | Gap |
|---|---|---|---|
| Revenue growth (YoY) | ◎+24.4% | +15.2% | 9.2pt |
| Operating profit growth (YoY) | +16.2% | ◎+20.8% | 4.6pt |
| Revenue CAGRlast 5 years | +10.2% | ◎+11.3% | 1.1pt |
| Guidance: revenue growthnext FY plan | +14.6% | ◎+29.9% | 15.3pt |
| Guidance: op. profit growthnext FY plan | +1.3% | ◎+10.2% | 8.9pt |
| Metric | Nomura Real Estate | Tosei | Gap |
|---|---|---|---|
| Share price, 1 year | −2.2% | ◎+13.9% | 16.1pt |
| Share price, 3 months | −8.8% | ◎−0.2% | 8.6pt |
| P/E (trailing)lower = cheaper | — | 12.1x | |
| Equity ratio | — | 33.5% | |
| Share price (close) | ¥887.1 | ¥1,842 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Nomura Real Estate | Tosei | Gap |
|---|---|---|---|
| Average salary | ◎¥11.8M | ¥9.04M | ¥2.79M |
| Starting salary (monthly) | ◎¥300,000 | ¥253,000 | ¥47,000 |
| Average tenure | ◎13.5 yrs | 5.7 yrs | 7.8 |
| Average age | 41.7 | 36.6 | 5.1 |
| Employees | 403 | 282 | 1.4x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥887.1-2.2% (1Y)
Nomura Real Estate -2.2% over 1Y. Compared: Tosei +13.9%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Nomura Real Estate3 segments
Tosei6 segments
AAverage annual salary from the securities filings: Nomura Real Estate ¥11.8M, Tosei ¥9.04M. Nomura Real Estate pays the most. Averages also depend on staff age and job mix, so check the average age too (Nomura Real Estate 41.7, Tosei 36.6).
ARevenue in the latest results: Nomura Real Estate ¥942.5B, Tosei ¥94.7B. Nomura Real Estate is the bigger company, with revenue of ¥942.5B — 10.0x Tosei's ¥94.7B.
AOperating margins: Tosei 23.6%, Nomura Real Estate 14.7%. Tosei turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Tosei +13.9%, Nomura Real Estate −2.2%. Tosei has risen the most.
Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.
