Hodl1 (TSE:2345) Total Operating Expense: 円422.18 Mil (TTM As of Apr. 2026)

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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
34 GF Score
Price 円102.00
GF Value 円11.94
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hodl1 Total Operating Expense?

Hodl1 TSE:2345 -7.27% 34 Total Operating Expense is 円422.18 Mil as of Apr. 2026. GuruFocus rates TSE:2345 with a GF Score™ of 34/100 and a GF Value™ of 円11.94 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Hodl1's Total Operating Expense for the six months ended in Apr. 2026 was 円227.72 Mil. Hodl1's Total Operating Expense for the trailing twelve months (TTM) ended in Apr. 2026 was 円422.18 Mil.

Hodl1 Total Operating Expense Related Terms

Hodl1 Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Hodl1'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.

Hodl1 Total Operating Expense Chart

Hodl1 Annual Data
Trend Mar16 Dec17 Dec18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 513.91 585.43 707.11 1,772.11 514.34

Hodl1 Semi-Annual Data
Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 943.89 828.22 319.88 194.47 227.72
TSE:2345
34GF Score
Hodl1 Inc TSE:2345
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Hodl1 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円422.18 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422.18 Mil mean?
Hodl1 (TSE:2345) has a Total Operating Expense of 円422.18 Mil as of Apr. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Hodl1 and its competitors.
Is Hodl1's Total Operating Expense too high?
Hodl1's current Total Operating Expense is 円422.18 Mil. Overall, Hodl1 has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hodl1's Total Operating Expense compare to UBER and SHOP?
Hodl1's Total Operating Expense of 円422.18 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 Hodl1 and its competitors. Hodl1's current Total Operating Expense is 円422.18 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11.94, compared to a current price of 円102.00 — trading 754.3% above its estimated fair value. The current Total Operating Expense is 円422.18 Mil. Hodl1's overall GF Score™ is 34/100 with 7 warning signs 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 Hodl1 (TSE:2345), the current Total Operating Expense is 円422.18 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102.00 is trading 754.3% above its estimated GF Value™ of 円11.94. GuruFocus considers Hodl1 to be Significantly Overvalued.

Key valuation signals for TSE:2345:

  • Total Operating Expense: 円422.18 Mil
  • GF Value™: 円11.94 vs. price of 円102.00 (754.3% above fair value)
  • GF Score™: 34/100 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.
34GF Score

Get the complete analysis for TSE:2345

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

円102.00
Price
円11.94
GF Value