Mandarake (TSE:2652) Total Operating Expense: 円6,597 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:2652 Mandarake Inc TSE:2652
78 GF Score
Price 円449.00
GF Value 円406.87
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Mandarake Total Operating Expense?

Mandarake TSE:2652 +3.22% 78 Total Operating Expense is 円6,597 Mil as of Mar. 2026. GuruFocus rates TSE:2652 with a GF Score™ of 78/100 and a GF Value™ of 円406.87 (Fairly Valued). The stock has 6 warning signs investors should review.

Mandarake's Total Operating Expense for the three months ended in Mar. 2026 was 円1,657 Mil. Mandarake's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,597 Mil.


Mandarake Total Operating Expense Related Terms


Mandarake Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Mandarake'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.

Mandarake Total Operating Expense Chart

Mandarake 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 4,659.23 4,844.96 5,148.07 5,840.64 6,502.95

Mandarake Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1,564.08 1,612.22 1,602.15 1,725.37 1,657.04
TSE:2652
78GF Score
Mandarake Inc TSE:2652
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mandarake 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 quarterly data reported by the company within the most recent 12 months, which was 円6,597 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6,597 Mil mean?
Mandarake (TSE:2652) has a Total Operating Expense of 円6,597 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mandarake and its competitors.
Is Mandarake's Total Operating Expense too high?
Mandarake's current Total Operating Expense is 円6,597 Mil. Overall, Mandarake has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mandarake's Total Operating Expense compare to AMZN and BABA?
Mandarake's Total Operating Expense of 円6,597 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical 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 Mandarake and its competitors. Mandarake's current Total Operating Expense is 円6,597 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandarake stock overvalued right now?
Based on GuruFocus' analysis, Mandarake (TSE:2652) is currently considered Fairly Valued. The stock's GF Value™ is 円406.87, compared to a current price of 円449.00 — trading 10.4% above its estimated fair value. The current Total Operating Expense is 円6,597 Mil. Mandarake's overall GF Score™ is 78/100 with 6 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 Mandarake (TSE:2652), the current Total Operating Expense is 円6,597 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 Mandarake (TSE:2652) Overvalued in 2026?

Based on GuruFocus' analysis, Mandarake stock appears to be overvalued. The current stock price of 円449.00 is trading 10.4% above its estimated GF Value™ of 円406.87. GuruFocus considers Mandarake to be Fairly Valued.

Key valuation signals for TSE:2652:

  • Total Operating Expense: 円6,597 Mil
  • GF Value™: 円406.87 vs. price of 円449.00 (10.4% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the TSE:2652 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mandarake Business Description

Address 52-15 Nakano 5-chome, Nakano-ku, Tokyo, JPN, 164-0001
Mandarake Inc is a Japan-based company engaged in the purchase and sale of Japanese cartoon-related secondhand books, goods, and animation-related products.
78GF Score

Get the complete analysis for TSE:2652

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

円449.00
Price
円406.87
GF Value