Ajinomoto Co (STU:AJI) Research & Development: €182 Mil (TTM As of Mar. 2026)

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STU:AJI Ajinomoto Co Inc STU:AJI
79 GF Score
Price €26.20
GF Value €20.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Ajinomoto Co Research & Development?

Ajinomoto Co STU:AJI -0.11% 79 Research & Development is €182 Mil as of Mar. 2026. GuruFocus rates STU:AJI with a GF Score™ of 79/100 and a GF Value™ of €20.87 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ajinomoto Co's Research & Development for the three months ended in Mar. 2026 was €49 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €182 Mil.

Ajinomoto Co  (STU:AJI) 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.

Ajinomoto Co Research & Development Related Terms

Ajinomoto Co Research & Development Historical Data

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The historical data trend for Ajinomoto 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.

Ajinomoto Co Research & Development Chart

Ajinomoto 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 190.23 180.75 176.65 191.89 175.03

Ajinomoto Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 56.66 44.08 45.15 43.28 49.20
STU:AJI
79GF Score
Ajinomoto Co Inc STU:AJI
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajinomoto 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 quarterly data reported by the company within the most recent 12 months, which was €182 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 €182 Mil mean?
Ajinomoto Co (STU:AJI) has a Research & Development of €182 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ajinomoto Co and its competitors.
Is Ajinomoto Co's Research & Development too high?
Ajinomoto Co's current Research & Development is €182 Mil. Overall, Ajinomoto Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto Co's Research & Development compare to KHC and GIS?
Ajinomoto Co's Research & Development of €182 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Research & Development depends on the Consumer Packaged Goods 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 Ajinomoto Co and its competitors. Ajinomoto Co's current Research & Development is €182 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajinomoto Co stock overvalued right now?
Based on GuruFocus' analysis, Ajinomoto Co (STU:AJI) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.87, compared to a current price of €26.20 — trading 25.5% above its estimated fair value. The current Research & Development is €182 Mil. Ajinomoto Co's overall GF Score™ is 79/100 with 2 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 Ajinomoto Co (STU:AJI), the current Research & Development is €182 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 Ajinomoto Co (STU:AJI) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto Co stock appears to be overvalued. The current stock price of €26.20 is trading 25.5% above its estimated GF Value™ of €20.87. GuruFocus considers Ajinomoto Co to be Modestly Overvalued.

Key valuation signals for STU:AJI:

  • Research & Development: €182 Mil
  • GF Value™: €20.87 vs. price of €26.20 (25.5% above fair value)
  • GF Score™: 79/100 with 2 warning signs

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

Ajinomoto Co Business Description

Address 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Ajinomoto was founded in 1909, and it began manufacturing the world's first umami seasoning, MSG, made from amino acids. It has since grown to be one of the top manufacturers of sauces and seasonings and has diversified into frozen foods and the manufacture of other amino acid-based materials. Its sauces and seasonings are sold across Southeast Asia, Europe, and the Americas and are found in most supermarkets, making up approximately 60% of its revenue. The remaining 40% is roughly divided into the healthcare and others segment and the frozen food segment. Its healthcare and others segment also includes functional materials, which include an organic resin material, Ajinomoto Build-up Film, which is currently the industry standard for ABF substrates for semiconductors.
79GF Score

Get the complete analysis for STU:AJI

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

€26.20
Price
€20.87
GF Value