Dawn (TSE:2303) Total Operating Expense: 円421 Mil (TTM As of Feb. 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:2303 Dawn Corp TSE:2303
91 GF Score
Price 円1,250.00
GF Value 円1,328.75
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Dawn Total Operating Expense?

Dawn TSE:2303 +1.38% 91 Total Operating Expense is 円421 Mil as of Feb. 2026. GuruFocus rates TSE:2303 with a GF Score™ of 91/100 and a GF Value™ of 円1,328.75 (Fairly Valued). The stock has 1 warning sign investors should review.

Dawn's Total Operating Expense for the three months ended in Feb. 2026 was 円130 Mil. Dawn's Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was 円421 Mil.

Dawn Total Operating Expense Related Terms

Dawn Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Dawn's Total 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.

Dawn Total Operating Expense Chart

Dawn Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 418.21 445.38 484.57 501.86 545.40

Dawn Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
Total 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 0.00 130.34 0.00 129.67 160.89
TSE:2303
91GF Score
Dawn Corp TSE:2303
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dawn Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total 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421 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 Total Operating Expense of 円421 Mil mean?
Dawn (TSE:2303) has a Total Operating Expense of 円421 Mil as of Feb. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Dawn and its competitors.
Is Dawn's Total Operating Expense too high?
Dawn's current Total Operating Expense is 円421 Mil. Overall, Dawn has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawn's Total Operating Expense compare to UBER and SHOP?
Dawn's Total Operating Expense of 円421 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 Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Dawn and its competitors. Dawn's current Total Operating Expense is 円421 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawn stock overvalued right now?
Based on GuruFocus' analysis, Dawn (TSE:2303) is currently considered Fairly Valued. The stock's GF Value™ is 円1,328.75, compared to a current price of 円1,250.00 — trading 5.9% below its estimated fair value. The current Total Operating Expense is 円421 Mil. Dawn's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Dawn (TSE:2303), the current Total Operating Expense is 円421 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 Dawn (TSE:2303) Overvalued in 2026?

Based on GuruFocus' analysis, Dawn stock appears to be undervalued. The current stock price of 円1,250.00 is trading 5.9% below its estimated GF Value™ of 円1,328.75. GuruFocus considers Dawn to be Fairly Valued.

Key valuation signals for TSE:2303:

  • Total Operating Expense: 円421 Mil
  • GF Value™: 円1,328.75 vs. price of 円1,250.00 (5.9% below fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the TSE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dawn Business Description

Address 2-2-21 Sannomiya Grand Building 5th floor, Hyogo Prefecture, Kobe, JPN
Dawn Corp is engaged in service building services such as FAQ Q and A location information service ASP, GPS map, GIS application development consulting contract research and development and sales of core GIS engine. It is a research and development company specialized in geographic information systems. Its system is used in the security and security of disaster prevention areas such as local governments, the crime prevention area for disaster prevention and the social infrastructure area of private enterprises.
91GF Score

Get the complete analysis for TSE:2303

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

円1,250.00
Price
円1,328.75
GF Value