Morinaga (TSE:2201) Other Operating Expense: 円72,565 Mil (TTM As of Mar. 2026)

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TSE:2201 Morinaga & Co Ltd TSE:2201
85 GF Score
Price 円2,648.50
GF Value 円3,112.04
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Morinaga Other Operating Expense?

Morinaga TSE:2201 +0.04% 85 Other Operating Expense is 円72,565 Mil as of Mar. 2026. GuruFocus rates TSE:2201 with a GF Score™ of 85/100 and a GF Value™ of 円3,112.04 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Morinaga's Other Operating Expense for the three months ended in Mar. 2026 was 円18,658 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円72,565 Mil.

Morinaga's quarterly Other Operating Expense declined from Sep. 2025 (円18,782 Mil) to Dec. 2025 (円17,341 Mil) but then increased from Dec. 2025 (円17,341 Mil) to Mar. 2026 (円18,658 Mil).

Morinaga's annual Other Operating Expense increased from Mar. 2024 (円66,416 Mil) to Mar. 2025 (円68,779 Mil) and increased from Mar. 2025 (円68,779 Mil) to Mar. 2026 (円72,565 Mil).


Morinaga Other Operating Expense Historical Data

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The historical data trend for Morinaga'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.

Morinaga Other Operating Expense Chart

Morinaga 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 58,140.00 61,415.00 66,416.00 68,779.00 72,565.00

Morinaga 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 17,331.00 17,784.00 18,782.00 17,341.00 18,658.00
TSE:2201
85GF Score
Morinaga & Co Ltd TSE:2201
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Morinaga 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 円72,565 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 円72,565 Mil mean?
Morinaga (TSE:2201) has a Other Operating Expense of 円72,565 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Morinaga and its competitors.
Is Morinaga's Other Operating Expense too high?
Morinaga's current Other Operating Expense is 円72,565 Mil. Overall, Morinaga has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga's Other Operating Expense compare to MDLZ and HSY?
Morinaga's Other Operating Expense of 円72,565 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Other Operating Expense depends on the Consumer Packaged Goods 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 Morinaga and its competitors. Morinaga's current Other Operating Expense is 円72,565 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga stock overvalued right now?
Based on GuruFocus' analysis, Morinaga (TSE:2201) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,112.04, compared to a current price of 円2,648.50 — trading 14.9% below its estimated fair value. The current Other Operating Expense is 円72,565 Mil. Morinaga's overall GF Score™ is 85/100 with 4 warning signs to review. 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 Morinaga (TSE:2201), the current Other Operating Expense is 円72,565 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 Morinaga (TSE:2201) Overvalued in 2026?

Based on GuruFocus' analysis, Morinaga stock appears to be undervalued. The current stock price of 円2,648.50 is trading 14.9% below its estimated GF Value™ of 円3,112.04. GuruFocus considers Morinaga to be Modestly Undervalued.

Key valuation signals for TSE:2201:

  • Other Operating Expense: 円72,565 Mil
  • GF Value™: 円3,112.04 vs. price of 円2,648.50 (14.9% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the TSE:2201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morinaga Business Description

Address 5-33-1 Shiba, Minato-ku, Tokyo, JPN, 108-8403
Morinaga & Co Ltd is a Japan-based confectionery company. It has developed a diverse range of confectionery products, canned soft drinks and ice cream that are delicious, fun, and healthy. The company's products are divided into five main divisions, Confectioneries, Foods, Frozen Desserts, Weider, and Healthcare. Confectionaries include Morinaga Biscuits, Chocoball chocolate, Dars chocolate, Koeda chocolate, and HI-CHEW candy. Foods include Morinaga Cocoa; Frozen Desserts include Choco Monaka Jumbo; Weider products include Weider in Jelly; and Healthcare products include Seisho-sabo, Kenpo-shukan, and Collagen drink.
85GF Score

Get the complete analysis for TSE:2201

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

円2,648.50
Price
円3,112.04
GF Value