Mori Hills Reit Investment (TSE:3234) Total Operating Expense: 円1,528 Mil (TTM As of Jan. 2026)

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TSE:3234 Mori Hills Reit Investment Corp TSE:3234
64 GF Score
Price 円130,500.00
GF Value 円142,600.59
Valuation Fairly Valued
! 3 Warning Signs
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What is Mori Hills Reit Investment Total Operating Expense?

Mori Hills Reit Investment TSE:3234 -0.99% 64 Total Operating Expense is 円1,528 Mil as of Jan. 2026. GuruFocus rates TSE:3234 with a GF Score™ of 64/100 and a GF Value™ of 円142,600.59 (Fairly Valued). The stock has 3 warning signs investors should review.

Mori Hills Reit Investment's Total Operating Expense for the six months ended in Jan. 2026 was 円765 Mil. Mori Hills Reit Investment's Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2026 was 円1,528 Mil.

Mori Hills Reit Investment Total Operating Expense Related Terms

Mori Hills Reit Investment Total Operating Expense Historical Data

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The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Total Operating Expense Chart

Mori Hills Reit Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 688.81 1,097.48 1,531.76 1,483.82 1,507.35

Mori Hills Reit Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 744.47 739.36 744.58 762.77 765.20
TSE:3234
64GF Score
Mori Hills Reit Investment Corp TSE:3234
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori Hills Reit Investment 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,528 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1,528 Mil mean?
Mori Hills Reit Investment (TSE:3234) has a Total Operating Expense of 円1,528 Mil as of Jan. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mori Hills Reit Investment and its competitors.
Is Mori Hills Reit Investment's Total Operating Expense too high?
Mori Hills Reit Investment's current Total Operating Expense is 円1,528 Mil. Overall, Mori Hills Reit Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's Total Operating Expense compare to VICI and WPC?
Mori Hills Reit Investment's Total Operating Expense of 円1,528 Mil can be compared against companies in the REITs 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 REITs company?
A good Total Operating Expense depends on the REITs 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 Mori Hills Reit Investment and its competitors. Mori Hills Reit Investment's current Total Operating Expense is 円1,528 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Fairly Valued. The stock's GF Value™ is 円142,600.59, compared to a current price of 円130,500.00 — trading 8.5% below its estimated fair value. The current Total Operating Expense is 円1,528 Mil. Mori Hills Reit Investment's overall GF Score™ is 64/100 with 3 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 Mori Hills Reit Investment (TSE:3234), the current Total Operating Expense is 円1,528 Mil as of Jan. 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?

Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued. The current stock price of 円130,500.00 is trading 8.5% below its estimated GF Value™ of 円142,600.59. GuruFocus considers Mori Hills Reit Investment to be Fairly Valued.

Key valuation signals for TSE:3234:

  • Total Operating Expense: 円1,528 Mil
  • GF Value™: 円142,600.59 vs. price of 円130,500.00 (8.5% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mori Hills Reit Investment Business Description

Industry Real EstateREITs
Address 1-12-32 Akasaka, ARK Mori Building, Minato-ku, Tokyo, JPN, 107-6011
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
64GF Score

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

円130,500.00
Price
円142,600.59
GF Value