Hodl1 (TSE:2345) Other Operating Expense: 円410.47 Mil (TTM As of Apr. 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.

TSE:2345 Hodl1 Inc TSE:2345
35 GF Score
Price 円96.00
GF Value 円11.75
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hodl1 Other Operating Expense?

Hodl1 TSE:2345 +1.05% 35 Other Operating Expense is 円410.47 Mil as of Apr. 2026. GuruFocus rates TSE:2345 with a GF Score™ of 35/100 and a GF Value™ of 円11.75 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Hodl1's Other Operating Expense for the six months ended in Apr. 2026 was 円220.46 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Apr. 2026 was 円410.47 Mil.

Hodl1's quarterly Other Operating Expense declined from Apr. 2025 (円237.24 Mil) to Oct. 2025 (円190.02 Mil) but then increased from Oct. 2025 (円190.02 Mil) to Apr. 2026 (円220.46 Mil).

Hodl1's annual Other Operating Expense increased from Oct. 2023 (円679.30 Mil) to Oct. 2024 (円924.82 Mil) but then declined from Oct. 2024 (円924.82 Mil) to Oct. 2025 (円427.26 Mil).


Hodl1 Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Hodl1'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.

Hodl1 Other Operating Expense Chart

Hodl1 Annual Data
Trend Mar16 Dec17 Dec18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 481.95 579.88 679.30 924.82 427.26

Hodl1 Semi-Annual Data
Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 474.24 450.58 237.24 190.02 220.46
TSE:2345
35GF Score
Hodl1 Inc TSE:2345
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hodl1 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円410.47 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410.47 Mil mean?
Hodl1 (TSE:2345) has a Other Operating Expense of 円410.47 Mil as of Apr. 2026. Other operating expenses that a company records on its income statement. View historical data on Hodl1 and its competitors.
Is Hodl1's Other Operating Expense too high?
Hodl1's current Other Operating Expense is 円410.47 Mil. Overall, Hodl1 has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hodl1's Other Operating Expense compare to QH and SHOP?
Hodl1's Other Operating Expense of 円410.47 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 Other Operating Expense for a Software company?
A good Other Operating Expense depends on the Software 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 Hodl1 and its competitors. Hodl1's current Other Operating Expense is 円410.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodl1 stock overvalued right now?
Based on GuruFocus' analysis, Hodl1 (TSE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is 円11.75, compared to a current price of 円96.00 — trading 717% above its estimated fair value. The current Other Operating Expense is 円410.47 Mil. Hodl1's overall GF Score™ is 35/100 with 7 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 Hodl1 (TSE:2345), the current Other Operating Expense is 円410.47 Mil as of Apr. 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 Hodl1 (TSE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Hodl1 stock appears to be overvalued. The current stock price of 円96.00 is trading 717% above its estimated GF Value™ of 円11.75. GuruFocus considers Hodl1 to be Significantly Overvalued.

Key valuation signals for TSE:2345:

  • Other Operating Expense: 円410.47 Mil
  • GF Value™: 円11.75 vs. price of 円96.00 (717% above fair value)
  • GF Score™: 35/100 with 7 warning signs

No single metric tells the full story. See the TSE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hodl1 Business Description

Address 2-12-1 Minamiaoyama, Miyakoya Building, Minato-ku, Tokyo, JPN, 107-0062
Hodl1 Inc, formerly Kushim Inc is engaged in the development and sales of LMS (learning management system) and e-learning content. It is developing collaboration for blockchain technology.
35GF Score

Get the complete analysis for TSE:2345

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

円96.00
Price
円11.75
GF Value