Sourcenext (TSE:4344) Research & Development: 円0 Mil (TTM As of Dec. 2025)

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TSE:4344 Sourcenext Corp TSE:4344
35 GF Score
Price 円105.00
GF Value 円205.54
Valuation Possible Value Trap
! 4 Warning Signs
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What is Sourcenext Research & Development?

Sourcenext TSE:4344 -1.87% 35 Research & Development is 円0 Mil as of Dec. 2025. GuruFocus rates TSE:4344 with a GF Score™ of 35/100 and a GF Value™ of 円205.54 (Possible Value Trap). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Sourcenext's Research & Development for the three months ended in Dec. 2025 was 円0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was 円0 Mil.

Sourcenext  (TSE:4344) 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.

Sourcenext Research & Development Related Terms

Sourcenext Research & Development Historical Data

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The historical data trend for Sourcenext'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.

Sourcenext Research & Development Chart

Sourcenext Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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Sourcenext 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 0.00 0.00 0.00 0.00 0.00
TSE:4344
35GF Score
Sourcenext Corp TSE:4344
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Sourcenext Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly 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?
Sourcenext (TSE:4344) has a Research & Development of 円0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Sourcenext and its competitors.
Is Sourcenext's Research & Development too high?
Sourcenext's current Research & Development is 円0 Mil. Overall, Sourcenext has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sourcenext's Research & Development compare to UBER and SHOP?
Sourcenext's Research & Development of 円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 Sourcenext and its competitors. Sourcenext'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 Sourcenext stock overvalued right now?
Based on GuruFocus' analysis, Sourcenext (TSE:4344) is currently considered Possible Value Trap. The stock's GF Value™ is 円205.54, compared to a current price of 円105.00 — trading 48.9% below its estimated fair value. The current Research & Development is 円0 Mil. Sourcenext's overall GF Score™ is 35/100 with 4 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 Sourcenext (TSE:4344), the current Research & Development is 円0 Mil as of Dec. 2025. 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 Sourcenext (TSE:4344) Overvalued in 2026?

Based on GuruFocus' analysis, Sourcenext stock appears to be undervalued. The current stock price of 円105.00 is trading 48.9% below its estimated GF Value™ of 円205.54. GuruFocus considers Sourcenext to be Possible Value Trap.

Key valuation signals for TSE:4344:

  • Research & Development: 円0 Mil
  • GF Value™: 円205.54 vs. price of 円105.00 (48.9% below fair value)
  • GF Score™: 35/100 with 4 warning signs

No single metric tells the full story. See the TSE:4344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sourcenext Business Description

Address 3-8 Sanbancho, 3rd Floor, Izumikan Sanbancho, Chiyoda-ku, Tokyo, JPN, 102-0075
Sourcenext Corp plans, develops and sells personal computer software. Its software development methods include in-house development, outsourcing development and commercialization of products by acquiring licenses from other companies.
35GF Score

Get the complete analysis for TSE:4344

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

円105.00
Price
円205.54
GF Value