MERF (TSE:3168) Other Operating Expense: 円2,580 Mil (TTM As of Feb. 2026)

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TSE:3168 MERF Inc TSE:3168
52 GF Score
Price 円1,500.00
GF Value 円582.07
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MERF Other Operating Expense?

MERF TSE:3168 -2.09% 52 Other Operating Expense is 円2,580 Mil as of Feb. 2026. GuruFocus rates TSE:3168 with a GF Score™ of 52/100 and a GF Value™ of 円582.07 (Significantly Overvalued). The stock has 4 warning signs investors should review.

MERF's Other Operating Expense for the three months ended in Feb. 2026 was 円702 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was 円2,580 Mil.

MERF's quarterly Other Operating Expense increased from Aug. 2025 (円592 Mil) to Nov. 2025 (円624 Mil) and increased from Nov. 2025 (円624 Mil) to Feb. 2026 (円702 Mil).

MERF's annual Other Operating Expense increased from Aug. 2023 (円1,557 Mil) to Aug. 2024 (円1,670 Mil) and increased from Aug. 2024 (円1,670 Mil) to Aug. 2025 (円2,216 Mil).

MERF Other Operating Expense Historical Data

* Premium members only.

The historical data trend for MERF'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.

MERF Other Operating Expense Chart

MERF Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,379.43 1,711.06 1,557.48 1,670.30 2,215.93

MERF Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 551.16 591.60 624.26 702.40 661.57
TSE:3168
52GF Score
MERF Inc TSE:3168
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MERF 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,580 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2,580 Mil mean?
MERF (TSE:3168) has a Other Operating Expense of 円2,580 Mil as of Feb. 2026. Other operating expenses that a company records on its income statement. View historical data on MERF and its competitors.
Is MERF's Other Operating Expense too high?
MERF's current Other Operating Expense is 円2,580 Mil. Overall, MERF has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MERF's Other Operating Expense compare to competitors?
MERF's Other Operating Expense of 円2,580 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Other Operating Expense depends on the Metals & Mining 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 MERF and its competitors. MERF's current Other Operating Expense is 円2,580 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERF stock overvalued right now?
Based on GuruFocus' analysis, MERF (TSE:3168) is currently considered Significantly Overvalued. The stock's GF Value™ is 円582.07, compared to a current price of 円1,500.00 — trading 157.7% above its estimated fair value. The current Other Operating Expense is 円2,580 Mil. MERF's overall GF Score™ is 52/100 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 MERF (TSE:3168), the current Other Operating Expense is 円2,580 Mil as of Feb. 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 MERF (TSE:3168) Overvalued in 2026?

Based on GuruFocus' analysis, MERF stock appears to be overvalued. The current stock price of 円1,500.00 is trading 157.7% above its estimated GF Value™ of 円582.07. GuruFocus considers MERF to be Significantly Overvalued.

Key valuation signals for TSE:3168:

  • Other Operating Expense: 円2,580 Mil
  • GF Value™: 円582.07 vs. price of 円1,500.00 (157.7% above fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the TSE:3168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MERF Business Description

Address 12-2 Nagonoe, Imizu, Toyama, JPN, 934-0031
MERF Inc is engaged in recycling non-ferrous metals, focusing on copper and copper alloys. Its business activities are divided into two main segments: the Ingot Business, which involves the manufacturing of copper alloy ingots, and the Metal Recycling Raw Materials Business, which is engaged in metal recycling. It is also involved in the manufacturing and selling of art and craft products segment.
52GF Score

Get the complete analysis for TSE:3168

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

円1,500.00
Price
円582.07
GF Value