Mercari (TSE:4385) Research & Development: 円0 Mil (TTM As of Mar. 2026)


TSE:4385 Mercari Inc TSE:4385
58 GF Score
Price 円4,785.00
GF Value 円2,977.32
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Mercari Research & Development?

Mercari TSE:4385 +3.64% 58 Research & Development is 円0 Mil as of Mar. 2026. GuruFocus rates TSE:4385 with a GF Score™ of 58/100 and a GF Value™ of 円2,977.32 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Mercari's Research & Development for the three 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.

Mercari  (TSE:4385) 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.

Mercari Research & Development Related Terms

Mercari Research & Development Historical Data

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The historical data trend for Mercari'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.

Mercari Research & Development Chart

Mercari Annual Data
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Mercari Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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TSE:4385
58GF Score
Mercari Inc TSE:4385
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercari 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 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?
Mercari (TSE:4385) 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 Mercari and its competitors.
Is Mercari's Research & Development too high?
Mercari's current Research & Development is 円0 Mil. Overall, Mercari has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's Research & Development compare to AMZN and BABA?
Mercari's Research & Development of 円0 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Research & Development depends on the Retail - Cyclical 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 Mercari and its competitors. Mercari'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 Mercari stock overvalued right now?
Based on GuruFocus' analysis, Mercari (TSE:4385) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,977.32, compared to a current price of 円4,785.00 — trading 60.7% above its estimated fair value. The current Research & Development is 円0 Mil. Mercari's overall GF Score™ is 58/100 with 9 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 Mercari (TSE:4385), 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 Mercari (TSE:4385) Overvalued in 2026?

Based on GuruFocus' analysis, Mercari stock appears to be overvalued. The current stock price of 円4,785.00 is trading 60.7% above its estimated GF Value™ of 円2,977.32. GuruFocus considers Mercari to be Significantly Overvalued.

Key valuation signals for TSE:4385:

  • Research & Development: 円0 Mil
  • GF Value™: 円2,977.32 vs. price of 円4,785.00 (60.7% above fair value)
  • GF Score™: 58/100 with 9 warning signs

No single metric tells the full story. See the TSE:4385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercari Business Description

Other Exchanges MCARY:USA6TP:Germany
Address 6-10-1 Roppongi, 18th Floor, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118
Mercari operates the largest consumer-to-consumer secondhand goods trading platform in Japan in Mercari, with over 23 million monthly active users and over JPY 1.1 trillion in gross merchandise value in fiscal 2022. We estimate that it currently has over 40% market share in the online C2C market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.
58GF Score

Get the complete analysis for TSE:4385

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

円4,785.00
Price
円2,977.32
GF Value