Wedge Holdings Co (TSE:2388) Shares Outstanding (Basic Average): 42.5 Mil (As of Mar. 2026)


TSE:2388 Wedge Holdings Co Ltd TSE:2388
50 GF Score
Price 円34.00
GF Value 円84.69
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wedge Holdings Co Shares Outstanding (Basic Average)?

Wedge Holdings Co TSE:2388 -2.86% 50 Shares Outstanding (Basic Average) is 42.5 Mil as of Mar. 2026. GuruFocus rates TSE:2388 with a GF Score™ of 50/100 and a GF Value™ of 円84.69 (Possible Value Trap). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Wedge Holdings Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 42.5 Mil.


Wedge Holdings Co  (TSE:2388) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Wedge Holdings Co Shares Outstanding (Basic Average) Related Terms


Wedge Holdings Co Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Wedge Holdings Co's Shares Outstanding (Basic Average) 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.

Wedge Holdings Co Shares Outstanding (Basic Average) Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.76 35.76 37.48 42.46 42.46

Wedge Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (Basic Average) 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 42.44 42.46 42.41 42.50 42.45
TSE:2388
50GF Score
Wedge Holdings Co Ltd TSE:2388
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Wedge Holdings Co Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 42.5 Mil mean?
Wedge Holdings Co (TSE:2388) has a Shares Outstanding (Basic Average) of 42.5 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Wedge Holdings Co and its competitors.
Is Wedge Holdings Co's Shares Outstanding (Basic Average) too high?
Wedge Holdings Co's current Shares Outstanding (Basic Average) is 42.5 Mil. Overall, Wedge Holdings Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Shares Outstanding (Basic Average) compare to HON and MMM?
Wedge Holdings Co's Shares Outstanding (Basic Average) of 42.5 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Conglomerates company?
A good Shares Outstanding (Basic Average) depends on the Conglomerates industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Wedge Holdings Co and its competitors. Wedge Holdings Co's current Shares Outstanding (Basic Average) is 42.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円84.69, compared to a current price of 円34.00 — trading 59.9% below its estimated fair value. The current Shares Outstanding (Basic Average) is 42.5 Mil. Wedge Holdings Co's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Wedge Holdings Co (TSE:2388), the current Shares Outstanding (Basic Average) is 42.5 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円34.00 is trading 59.9% below its estimated GF Value™ of 円84.69. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Shares Outstanding (Basic Average): 42.5 Mil
  • GF Value™: 円84.69 vs. price of 円34.00 (59.9% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
50GF Score

Get the complete analysis for TSE:2388

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円34.00
Price
円84.69
GF Value