{
 "as_of": "2026-11-06",
 "cmr": "jp-cm-kg/TSE-PRIME/3231",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Nomura Real Estate Holdings,Inc. (Prime Market: 3231) — research page\n\nAs of 2026-11-06 · jp-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Nomura Real Estate Holdings,Inc., listed on the Prime Market under ticker 3231. Its LEI is 353800UZ91CT24OL9P59 and its ISIN is not on the record (GLEIF maps no ISIN to this LEI). Its security type is Corporate, its sector is 8050 Real Estate, and its jurisdiction is Japan (EDINET domestic filer). Its segment is not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 7 filings across 3 filing days in the twelve months to 2026-11-06. The filings are 1 ad hoc, 1 prospectus, 3 regulatory filings and 2 results. The median gap between filing days is 113.5 days. The latest filing is an ad hoc filing dated 2026-06-29, which is 130 days before the record date. The exchange median is 10 filings, a 29.0-day cadence gap and 70.0 days of latency across 1557 issuers. The sector median is 7 filings, a 29-day cadence gap and 85.0 days of latency across 161 issuers.\n\n## Auditor\n\nThe auditor of record is EY新日本有限責任監査法人. Its location is not on the record. Auditor changes are not on the record.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because the market's register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.\n\n## Orderability\n\nFor the client category Qualified Institutional Investors, the outcome is not determinable, because the rule states a product scope and the subject's record carries no instrument class to place within it. The rule version is acm-68000/jp/suitability-principle-fiea-article-40/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 12 research houses: Goldman Sachs Japan, Citigroup Global Markets Japan, Daiwa Securities, Nomura Securities, Mizuho Securities, Morgan Stanley MUFG Securities, SBI SECURITIES, SMBC Nikko Securities, UBS Securities Japan, Tokai Tokyo Intelligence Laboratory, BofA Securities Japan and CITIC Securities Japan.\n\n## Open research\n\nNo openly published research notes were found for this issuer.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, and the market's earliest sealed date and the live record start date are not on the record.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx (identity.exchange)\n- https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip (identity.jurisdiction)\n- https://api.gleif.org/api/v1/lei-records/353800UZ91CT24OL9P59 (identity.lei)\n- https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3231 (the disclosure lines)\n- https://www.jpx.co.jp/markets/equities/suspended/index.html (the halt flag)\n- https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YH2N (the auditor)\n- https://mcp.jp-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html (coverage)\n- https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3231 (the record)\n",
 "market": "JP",
 "node": "jp-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the JP vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "read_by": "EDINET XBRL-to-CSV facts (API v2 type=5, 有価証券報告書 docTypeCode 120) — element jpcrp_cor:AuditFirm1Consolidated",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YH2N",
    "state": "sourced",
    "value": "EY新日本有限責任監査法人"
   },
   "auditor_firm_id": {
    "market": "JP",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "JP",
    "state": "not_on_record"
   },
   "changes": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "jp-cm-kg/TSE-PRIME/3231",
  "coverage": {
   "count": 12,
   "houses": [
    {
     "analyst": "Sachiko Okada",
     "house": "Goldman Sachs Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Masashi Miki",
     "house": "Citigroup Global Markets Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Mamoru Masumiya",
     "house": "Daiwa Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Daisuke Fukushima",
     "house": "Nomura Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Yoshihiro Hashimoto",
     "house": "Mizuho Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Toshiyuki Anegawa",
     "house": "Morgan Stanley MUFG Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Kouki Ozawa",
     "house": "SBI SECURITIES",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Junichi Tazawa",
     "house": "SMBC Nikko Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Kazufumi Takeuchi",
     "house": "UBS Securities Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Norihiko Sawano",
     "house": "Tokai Tokyo Intelligence Laboratory",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Takumi Kasai",
     "house": "BofA Securities Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    },
    {
     "analyst": "Masahiro Mochizuki",
     "house": "CITIC Securities Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html",
     "result": "read: 12 of 22 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1557,
     "median_cadence_gap_days": 29,
     "median_filings": 10,
     "median_latency_days": 70,
     "name": "Prime Market"
    },
    "sector": {
     "issuers": 161,
     "median_cadence_gap_days": 29,
     "median_filings": 7,
     "median_latency_days": 85,
     "name": "8050 Real Estate"
    }
   },
   "by_type": {
    "ad_hoc": 1,
    "prospectus": 1,
    "regulatory_filing": 3,
    "results": 2
   },
   "cadence_median_gap_days": 113.5,
   "filing_days": 3,
   "filings": 7,
   "latency_days": 130,
   "latest": [
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-06-29",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YMEZ",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "090",
     "date": "2026-06-29",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YMEX",
     "title": "訂正発行登録書",
     "type": "prospectus"
    },
    {
     "category": "235",
     "date": "2026-06-23",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YH57",
     "title": "内部統制報告書－第22期(2025/04/01－2026/03/31)",
     "type": "regulatory_filing"
    },
    {
     "category": "135",
     "date": "2026-06-23",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YH4Y",
     "title": "確認書",
     "type": "regulatory_filing"
    },
    {
     "category": "有価証券報告書 (annual securities report)",
     "date": "2026-06-23",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YH2N",
     "title": "有価証券報告書－第22期(2025/04/01－2026/03/31)",
     "type": "results"
    }
   ],
   "latest_filing_date": "2026-06-29",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3231",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "Prime Market"
   },
   "isin": {
    "market": "JP",
    "reason": "GLEIF maps no ISIN to this LEI",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "EDINET code list (Edinetcode.zip, filer master with corporate number) (提出者種別)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip",
    "state": "sourced",
    "value": "Japan (EDINET domestic filer)"
   },
   "lei": {
    "read_by": "GLEIF registeredAs = EDINET corporate number (RA000412; GLEIF golden copy 2026-09-12)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/353800UZ91CT24OL9P59",
    "state": "sourced",
    "value": "353800UZ91CT24OL9P59"
   },
   "name": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "Nomura Real Estate Holdings,Inc."
   },
   "sector": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English) (33-sector classification)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "8050 Real Estate"
   },
   "security_type": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "Corporate"
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   "segment": {
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    "state": "not_on_record"
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   "ticker": {
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    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "3231"
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    "state": "not_on_record"
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    "date",
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   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
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   "domicile_change": {
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
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   "listing": {
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  "node": "jp-cm-kg",
  "numbers_hash": "sha256:0b3dee9e01fb7a9d2eed8ff33ac0584fffb28d8cf9a65b50fc70a7ba959a1444",
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   "rows": [],
   "state": "none_found"
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  "orderability": {
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   "client_categories": [
    "Qualified Institutional Investors"
   ],
   "outcomes": {
    "Qualified Institutional Investors": {
     "determinable": false,
     "reason": "the rule states a product scope and the subject's record carries no instrument class to place within it",
     "signal": null
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.jp-cm-kg.ai/book/aio.json",
    "door": "https://mcp.jp-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/jp/suitability-principle-fiea-article-40/r1",
   "section": "jp.aio.v6"
  },
  "record": {
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   "url": "https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3231",
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  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.jpx.co.jp/markets/equities/suspended/index.html",
   "value": "listed, not halted"
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 },
 "numbers_hash": "sha256:0b3dee9e01fb7a9d2eed8ff33ac0584fffb28d8cf9a65b50fc70a7ba959a1444",
 "path": "/jp/TSE-PRIME/3231",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Nomura Real Estate Holdings,Inc., listed on the Prime Market under ticker 3231. Its LEI is 353800UZ91CT24OL9P59 and its ISIN is not on the record (GLEIF maps no ISIN to this LEI). Its security type is Corporate, its sector is 8050 Real Estate, and its jurisdiction is Japan (EDINET domestic filer). Its segment is not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 7 filings across 3 filing days in the twelve months to 2026-11-06. The filings are 1 ad hoc, 1 prospectus, 3 regulatory filings and 2 results. The median gap between filing days is 113.5 days. The latest filing is an ad hoc filing dated 2026-06-29, which is 130 days before the record date. The exchange median is 10 filings, a 29.0-day cadence gap and 70.0 days of latency across 1557 issuers. The sector median is 7 filings, a 29-day cadence gap and 85.0 days of latency across 161 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is EY新日本有限責任監査法人. Its location is not on the record. Auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because the market's register has no lifecycle type map yet. The halt flag shows the issuer as listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the client category Qualified Institutional Investors, the outcome is not determinable, because the rule states a product scope and the subject's record carries no instrument class to place within it. The rule version is acm-68000/jp/suitability-principle-fiea-article-40/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 12 research houses: Goldman Sachs Japan, Citigroup Global Markets Japan, Daiwa Securities, Nomura Securities, Mizuho Securities, Morgan Stanley MUFG Securities, SBI SECURITIES, SMBC Nikko Securities, UBS Securities Japan, Tokai Tokyo Intelligence Laboratory, BofA Securities Japan and CITIC Securities Japan.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found for this issuer.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, and the market's earliest sealed date and the live record start date are not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/353800UZ91CT24OL9P59"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3231"
  },
  {
   "for": "the halt flag",
   "source": "https://www.jpx.co.jp/markets/equities/suspended/index.html"
  },
  {
   "for": "the auditor",
   "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YH2N"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.jp-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.nomura-re-hd.co.jp/english/ir/stock_information/analyst.html"
  },
  {
   "for": "the record",
   "source": "https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3231"
  }
 ],
 "title": "Nomura Real Estate Holdings,Inc. (3231) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}