NRILY (Nomura Research Institute) Research & Development: $0 Mil (TTM As of Mar. 2026)


NRILY Nomura Research Institute Ltd NRILY
83 GF Score
Price $27.11
GF Value $32.88
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nomura Research Institute Research & Development?

Nomura Research Institute NRILY +3.87% 83 Research & Development is $0 Mil as of Mar. 2026. GuruFocus rates NRILY with a GF Score™ of 83/100 and a GF Value™ of $32.88 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nomura Research Institute's Research & Development for the three months ended in Mar. 2026 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.

Nomura Research Institute  (OTCPK:NRILY) 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.

Nomura Research Institute Research & Development Related Terms

Nomura Research Institute Research & Development Historical Data

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The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Research & Development Chart

Nomura Research Institute Annual Data
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Nomura Research Institute Quarterly Data
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NRILY
83GF Score
Nomura Research Institute Ltd NRILY
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Research Institute 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 quarterly data reported by the company within the most recent 12 months, which was $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 $0 Mil mean?
Nomura Research Institute (NRILY) has a Research & Development of $0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Nomura Research Institute and its competitors.
Is Nomura Research Institute's Research & Development too high?
Nomura Research Institute's current Research & Development is $0 Mil. Overall, Nomura Research Institute has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's Research & Development compare to IBM and ACN?
Nomura Research Institute's Research & Development of $0 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Nomura Research Institute and its competitors. Nomura Research Institute's current Research & Development is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NRILY) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.88, compared to a current price of $27.11 — trading 17.5% below its estimated fair value. The current Research & Development is $0 Mil. Nomura Research Institute's overall GF Score™ is 83/100 with 3 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 Nomura Research Institute (NRILY), the current Research & Development is $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 Nomura Research Institute (NRILY) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Research Institute stock appears to be undervalued. The current stock price of $27.11 is trading 17.5% below its estimated GF Value™ of $32.88. GuruFocus considers Nomura Research Institute to be Modestly Undervalued.

Key valuation signals for NRILY:

  • Research & Development: $0 Mil
  • GF Value™: $32.88 vs. price of $27.11 (17.5% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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

Nomura Research Institute Business Description

Address 1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
83GF Score

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

$27.11
Price
$32.88
GF Value