Maruhachi Holdings Co (NGO:3504) Research & Development: 円0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3504 Maruhachi Holdings Co Ltd NGO:3504
61 GF Score
Price 円1,358.00
GF Value 円907.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Maruhachi Holdings Co Research & Development?

Maruhachi Holdings Co NGO:3504 +1.80% 61 Research & Development is 円0 Mil as of Mar. 2026. GuruFocus rates NGO:3504 with a GF Score™ of 61/100 and a GF Value™ of 円907.67 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Maruhachi Holdings Co's Research & Development for the six months ended in Mar. 2026 was 円0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was 円0 Mil.


Maruhachi Holdings Co  (NGO:3504) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Maruhachi Holdings Co Research & Development Related Terms


Maruhachi Holdings Co Research & Development Historical Data

* Premium members only.

The historical data trend for Maruhachi Holdings Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maruhachi Holdings Co Research & Development Chart

Maruhachi Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Maruhachi Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NGO:3504
61GF Score
Maruhachi Holdings Co Ltd NGO:3504
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Holdings Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of 円0 Mil mean?
Maruhachi Holdings Co (NGO:3504) has a Research & Development of 円0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Maruhachi Holdings Co and its competitors.
Is Maruhachi Holdings Co's Research & Development too high?
Maruhachi Holdings Co's current Research & Development is 円0 Mil. Overall, Maruhachi Holdings Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Holdings Co's Research & Development compare to SN and SGI?
Maruhachi Holdings Co's Research & Development of 円0 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Furnishings, Fixtures & Appliances company?
A good Research & Development depends on the Furnishings, Fixtures & Appliances industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Maruhachi Holdings Co and its competitors. Maruhachi Holdings Co's current Research & Development is 円0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Holdings Co (NGO:3504) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.67, compared to a current price of 円1,358.00 — trading 49.6% above its estimated fair value. The current Research & Development is 円0 Mil. Maruhachi Holdings Co's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Maruhachi Holdings Co (NGO:3504), the current Research & Development is 円0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maruhachi Holdings Co (NGO:3504) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Holdings Co stock appears to be overvalued. The current stock price of 円1,358.00 is trading 49.6% above its estimated GF Value™ of 円907.67. GuruFocus considers Maruhachi Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:3504:

  • Research & Development: 円0 Mil
  • GF Value™: 円907.67 vs. price of 円1,358.00 (49.6% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the NGO:3504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Holdings Co Business Description

Address Kohoku 3-8-12 8th Floor, Kanagawa-ku, Yokohama, Yubinbango, Yokohama, JPN, 222-0033
Maruhachi Holdings Co Ltd manufactures and sells bedding products including bedding feathers, wool bedding, & fur bedding; and also offers curtains. It is also engaged in real estate leasing business.
61GF Score

Get the complete analysis for NGO:3504

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,358.00
Price
円907.67
GF Value