Wedge Holdings Co (TSE:2388) Total Operating Expense: 円415.0 Mil (TTM As of Mar. 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:2388 Wedge Holdings Co Ltd TSE:2388
50 GF Score
Price 円39.00
GF Value 円84.70
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Wedge Holdings Co Total Operating Expense?

Wedge Holdings Co TSE:2388 -2.50% 50 Total Operating Expense is 円415.0 Mil as of Mar. 2026. GuruFocus rates TSE:2388 with a GF Score™ of 50/100 and a GF Value™ of 円84.70 (Possible Value Trap). The stock has 5 warning signs investors should review.

Wedge Holdings Co's Total Operating Expense for the six months ended in Mar. 2026 was 円222.7 Mil. Wedge Holdings Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円415.0 Mil.

Wedge Holdings Co Total Operating Expense Related Terms

Wedge Holdings Co Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Wedge Holdings Co'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.

Wedge Holdings Co Total Operating Expense Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,785.97 188.93 254.37 411.80 374.77

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
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 244.99 166.81 182.49 192.28 222.68
TSE:2388
50GF Score
Wedge Holdings Co Ltd TSE:2388
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wedge Holdings Co 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円415.0 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415.0 Mil mean?
Wedge Holdings Co (TSE:2388) has a Total Operating Expense of 円415.0 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Wedge Holdings Co and its competitors.
Is Wedge Holdings Co's Total Operating Expense too high?
Wedge Holdings Co's current Total Operating Expense is 円415.0 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 Total Operating Expense compare to HON and MMM?
Wedge Holdings Co's Total Operating Expense of 円415.0 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 Total Operating Expense for a Conglomerates company?
A good Total Operating Expense depends on the Conglomerates 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 Wedge Holdings Co and its competitors. Wedge Holdings Co's current Total Operating Expense is 円415.0 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84.70, compared to a current price of 円39.00 — trading 54% below its estimated fair value. The current Total Operating Expense is 円415.0 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Wedge Holdings Co (TSE:2388), the current Total Operating Expense is 円415.0 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39.00 is trading 54% below its estimated GF Value™ of 円84.70. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Total Operating Expense: 円415.0 Mil
  • GF Value™: 円84.70 vs. price of 円39.00 (54% 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

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

円39.00
Price
円84.70
GF Value