Nomura Holdings (TSE:8604) Research & Development: 円0 Mil (TTM As of Mar. 2026)


TSE:8604 Nomura Holdings Inc TSE:8604
66 GF Score
Price 円1,423.50
GF Value 円1,160.91
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nomura Holdings Research & Development?

Nomura Holdings TSE:8604 +0.71% 66 Research & Development is 円0 Mil as of Mar. 2026. GuruFocus rates TSE:8604 with a GF Score™ of 66/100 and a GF Value™ of 円1,160.91 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nomura Holdings'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.

Nomura Holdings  (TSE:8604) 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 Holdings Research & Development Related Terms

Nomura Holdings Research & Development Historical Data

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The historical data trend for Nomura Holdings'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 Holdings Research & Development Chart

Nomura Holdings Annual Data
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Nomura Holdings Quarterly Data
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TSE:8604
66GF Score
Nomura Holdings Inc TSE:8604
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Holdings 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?
Nomura Holdings (TSE:8604) 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 Nomura Holdings and its competitors.
Is Nomura Holdings' Research & Development too high?
Nomura Holdings' current Research & Development is 円0 Mil. Overall, Nomura Holdings has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Holdings' Research & Development compare to MS and GS?
Nomura Holdings' Research & Development of 円0 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Research & Development depends on the Capital Markets 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 Holdings and its competitors. Nomura Holdings'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 Nomura Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Holdings (TSE:8604) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,160.91, compared to a current price of 円1,423.50 — trading 22.6% above its estimated fair value. The current Research & Development is 円0 Mil. Nomura Holdings' overall GF Score™ is 66/100 with 6 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 Holdings (TSE:8604), 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 Nomura Holdings (TSE:8604) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Holdings stock appears to be overvalued. The current stock price of 円1,423.50 is trading 22.6% above its estimated GF Value™ of 円1,160.91. GuruFocus considers Nomura Holdings to be Modestly Overvalued.

Key valuation signals for TSE:8604:

  • Research & Development: 円0 Mil
  • GF Value™: 円1,160.91 vs. price of 円1,423.50 (22.6% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the TSE:8604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nomura Holdings Business Description

Address 13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura Holdings Inc is a financial services group in Japan and operates offices in countries and regions world-wide, including Japan, the U.S., the U.K., Singapore, and the Hong Kong Special Administrative Region ("Hong Kong") through its subsidiaries. The company's clients include individuals, corporations, financial institutions, governments, and governmental agencies. The company's business consists of Wealth Management*, Investment Management, and Wholesale. The company generates the majority of its revenue from the wholesale segment. The Wholesale Division consists of two businesses, Global Markets, which is mainly engaged in the trading, sales, and structuring of financial products, and Investment Banking, which is engaged in advisory, financing, and solutions businesses.
66GF Score

Get the complete analysis for TSE:8604

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

円1,423.50
Price
円1,160.91
GF Value