Welby (TSE:4438) Other Operating Expense: 円963.8 Mil (TTM As of Jun. 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:4438 Welby Inc TSE:4438
36 GF Score
Price 円257.00
GF Value 円457.21
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Welby Other Operating Expense?

Welby TSE:4438 +0.78% 36 Other Operating Expense is 円963.8 Mil as of Jun. 2026. GuruFocus rates TSE:4438 with a GF Score™ of 36/100 and a GF Value™ of 円457.21 (Possible Value Trap). The stock has 6 warning signs investors should review.

Welby's Other Operating Expense for the three months ended in Jun. 2026 was 円264.0 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was 円963.8 Mil.

Welby's quarterly Other Operating Expense increased from Dec. 2025 (円219.2 Mil) to Mar. 2026 (円248.2 Mil) and increased from Mar. 2026 (円248.2 Mil) to Jun. 2026 (円264.0 Mil).

Welby's annual Other Operating Expense increased from Dec. 2023 (円813.4 Mil) to Dec. 2024 (円1,034.4 Mil) but then declined from Dec. 2024 (円1,034.4 Mil) to Dec. 2025 (円901.5 Mil).

Welby Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Welby'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.

Welby Other Operating Expense Chart

Welby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 797.04 694.53 813.43 1,034.36 901.50

Welby Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 203.56 232.44 219.16 248.17 264.02
TSE:4438
36GF Score
Welby Inc TSE:4438
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Welby 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円963.8 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963.8 Mil mean?
Welby (TSE:4438) has a Other Operating Expense of 円963.8 Mil as of Jun. 2026. Other operating expenses that a company records on its income statement. View historical data on Welby and its competitors.
Is Welby's Other Operating Expense too high?
Welby's current Other Operating Expense is 円963.8 Mil. Overall, Welby has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Welby's Other Operating Expense compare to VEEV and BTSG?
Welby's Other Operating Expense of 円963.8 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Other Operating Expense depends on the Healthcare Providers & Services 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 Welby and its competitors. Welby's current Other Operating Expense is 円963.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welby stock overvalued right now?
Based on GuruFocus' analysis, Welby (TSE:4438) is currently considered Possible Value Trap. The stock's GF Value™ is 円457.21, compared to a current price of 円257.00 — trading 43.8% below its estimated fair value. The current Other Operating Expense is 円963.8 Mil. Welby's overall GF Score™ is 36/100 with 6 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 Welby (TSE:4438), the current Other Operating Expense is 円963.8 Mil as of Jun. 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 Welby (TSE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Welby stock appears to be undervalued. The current stock price of 円257.00 is trading 43.8% below its estimated GF Value™ of 円457.21. GuruFocus considers Welby to be Possible Value Trap.

Key valuation signals for TSE:4438:

  • Other Operating Expense: 円963.8 Mil
  • GF Value™: 円457.21 vs. price of 円257.00 (43.8% below fair value)
  • GF Score™: 36/100 with 6 warning signs

No single metric tells the full story. See the TSE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Welby Business Description

Address 1-11-1 Kyobashi, 4th Floor, KEPCO Real Estate Yaesu Building, Chuo-ku, Tokyo, JPN, 104-0031
Welby Inc offers patients and their families digital tools helping medical treatment and prevention of the progression of disease. The company co-develops and co-provides digital services with pharmaceuticals, medical device companies, governments, along with patients and healthcare professionals.
36GF Score

Get the complete analysis for TSE:4438

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

円257.00
Price
円457.21
GF Value