Hodl1 (TSE:2345) Research & Development: 円0.00 Mil (TTM As of Apr. 2026)


TSE:2345 Hodl1 Inc TSE:2345
44 GF Score
Price 円102.00
GF Value 円12.09
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hodl1 Research & Development?

Hodl1 TSE:2345 -11.30% 44 Research & Development is 円0.00 Mil as of Apr. 2026. GuruFocus rates TSE:2345 with a GF Score™ of 44/100 and a GF Value™ of 円12.09 (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. Hodl1's Research & Development for the six months ended in Apr. 2026 was 円0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was 円0.00 Mil.

Hodl1  (TSE:2345) 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.

Hodl1 Research & Development Related Terms

Hodl1 Research & Development Historical Data

* Premium members only.

The historical data trend for Hodl1'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.

Hodl1 Research & Development Chart

Hodl1 Annual Data
Trend Mar16 Dec17 Dec18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hodl1 Semi-Annual Data
Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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
TSE:2345
44GF Score
Hodl1 Inc TSE:2345
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hodl1 Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円0.00 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0.00 Mil mean?
Hodl1 (TSE:2345) has a Research & Development of 円0.00 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hodl1 and its competitors.
Is Hodl1's Research & Development too high?
Hodl1's current Research & Development is 円0.00 Mil. Overall, Hodl1 has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hodl1's Research & Development compare to CRM and SHOP?
Hodl1's Research & Development of 円0.00 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 Hodl1 and its competitors. Hodl1's current Research & Development is 円0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodl1 stock overvalued right now?
Based on GuruFocus' analysis, Hodl1 (TSE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is 円12.09, compared to a current price of 円102.00 — trading 743.7% above its estimated fair value. The current Research & Development is 円0.00 Mil. Hodl1's overall GF Score™ is 44/100 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 Hodl1 (TSE:2345), the current Research & Development is 円0.00 Mil as of Apr. 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 Hodl1 (TSE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Hodl1 stock appears to be overvalued. The current stock price of 円102.00 is trading 743.7% above its estimated GF Value™ of 円12.09. GuruFocus considers Hodl1 to be Significantly Overvalued.

Key valuation signals for TSE:2345:

  • Research & Development: 円0.00 Mil
  • GF Value™: 円12.09 vs. price of 円102.00 (743.7% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the TSE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hodl1 Business Description

Address 2-12-1 Minamiaoyama, Miyakoya Building, Minato-ku, Tokyo, JPN, 107-0062
Hodl1 Inc, formerly Kushim Inc is engaged in the development and sales of LMS (learning management system) and e-learning content. It is developing collaboration for blockchain technology.
44GF Score

Get the complete analysis for TSE:2345

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

円102.00
Price
円12.09
GF Value