Mizuno (FRA:MIZ) Other Operating Expense: €486 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MIZ Mizuno Corp FRA:MIZ
87 GF Score
Price €21.80
GF Value €15.91
Valuation Significantly Overvalued
View Full Analysis

What is Mizuno Other Operating Expense?

Mizuno FRA:MIZ +6.86% 87 Other Operating Expense is €486 Mil as of Mar. 2026. GuruFocus rates FRA:MIZ with a GF Score™ of 87/100 and a GF Value™ of €15.91 (Significantly Overvalued).

Mizuno's Other Operating Expense for the three months ended in Mar. 2026 was €136 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €486 Mil.

Mizuno's quarterly Other Operating Expense declined from Sep. 2025 (€117 Mil) to Dec. 2025 (€110 Mil) but then increased from Dec. 2025 (€110 Mil) to Mar. 2026 (€136 Mil).

Mizuno's annual Other Operating Expense increased from Mar. 2024 (€326 Mil) to Mar. 2025 (€348 Mil) but then declined from Mar. 2025 (€348 Mil) to Mar. 2026 (€335 Mil).


Mizuno Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Mizuno's Other Operating Expense 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.

Mizuno Other Operating Expense Chart

Mizuno Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 339.45 341.40 326.16 347.80 334.56

Mizuno Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense 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 128.79 123.09 116.63 110.18 136.22
FRA:MIZ
87GF Score
Mizuno Corp FRA:MIZ
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mizuno Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 €486 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.

What does a Other Operating Expense of €486 Mil mean?
Mizuno (FRA:MIZ) has a Other Operating Expense of €486 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Mizuno and its competitors.
Is Mizuno's Other Operating Expense too high?
Mizuno's current Other Operating Expense is €486 Mil. Overall, Mizuno has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Other Operating Expense compare to CASY and WSM?
Mizuno's Other Operating Expense of €486 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 Other Operating Expense for a Retail - Cyclical company?
A good Other Operating Expense depends on the Retail - Cyclical industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Mizuno and its competitors. Mizuno's current Other Operating Expense is €486 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (FRA:MIZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.91, compared to a current price of €21.80 — trading 37% above its estimated fair value. The current Other Operating Expense is €486 Mil. Mizuno's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Mizuno (FRA:MIZ), the current Other Operating Expense is €486 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 Mizuno (FRA:MIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuno stock appears to be overvalued. The current stock price of €21.80 is trading 37% above its estimated GF Value™ of €15.91. GuruFocus considers Mizuno to be Significantly Overvalued.

Key valuation signals for FRA:MIZ:

  • Other Operating Expense: €486 Mil
  • GF Value™: €15.91 vs. price of €21.80 (37% above fair value)
  • GF Score™: 87/100

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


Mizuno Business Description

Other Exchanges 8022:JapanMIZ:Germany
Address 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
87GF Score

Get the complete analysis for FRA:MIZ

Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€21.80
Price
€15.91
GF Value