Alpha (TSE:3434) Total Operating Expense: 円9,861 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:3434 Alpha Corp TSE:3434
67 GF Score
Price 円1,228.00
GF Value 円1,255.89
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Alpha Total Operating Expense?

Alpha TSE:3434 -0.24% 67 Total Operating Expense is 円9,861 Mil as of Mar. 2026. GuruFocus rates TSE:3434 with a GF Score™ of 67/100 and a GF Value™ of 円1,255.89 (Fairly Valued). The stock has 4 warning signs investors should review.

Alpha's Total Operating Expense for the three months ended in Mar. 2026 was 円2,799 Mil. Alpha's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円9,861 Mil.

Alpha Total Operating Expense Related Terms

Alpha Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Alpha'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.

Alpha Total Operating Expense Chart

Alpha Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,205.00 7,961.00 8,986.00 9,355.00 9,861.00

Alpha Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 2,291.00 2,465.00 2,306.00 2,799.00
TSE:3434
67GF Score
Alpha Corp TSE:3434
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha 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9,861 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9,861 Mil mean?
Alpha (TSE:3434) has a Total Operating Expense of 円9,861 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Alpha and its competitors.
Is Alpha's Total Operating Expense too high?
Alpha's current Total Operating Expense is 円9,861 Mil. Overall, Alpha has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha's Total Operating Expense compare to ORLY and AZO?
Alpha's Total Operating Expense of 円9,861 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Operating Expense depends on the Vehicles & Parts 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 Alpha and its competitors. Alpha's current Total Operating Expense is 円9,861 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha stock overvalued right now?
Based on GuruFocus' analysis, Alpha (TSE:3434) is currently considered Fairly Valued. The stock's GF Value™ is 円1,255.89, compared to a current price of 円1,228.00 — trading 2.2% below its estimated fair value. The current Total Operating Expense is 円9,861 Mil. Alpha's overall GF Score™ is 67/100 with 4 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 Alpha (TSE:3434), the current Total Operating Expense is 円9,861 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 Alpha (TSE:3434) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha stock appears to be undervalued. The current stock price of 円1,228.00 is trading 2.2% below its estimated GF Value™ of 円1,255.89. GuruFocus considers Alpha to be Fairly Valued.

Key valuation signals for TSE:3434:

  • Total Operating Expense: 円9,861 Mil
  • GF Value™: 円1,255.89 vs. price of 円1,228.00 (2.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:3434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alpha Business Description

Address 1-6-8 Fukuura Kanazawku, Yokohama, Kanagawa, JPN, 236-0004
Alpha Corp is a Japanese auto parts manufacturer. The company manufactures and sells automobile parts such as key sets and outside/inside handles. Alpha also produces other parts used in vehicles such as door locks, keyless entry products, padlock, and locker system for residential and industrial users. It operates Automobile Parts Business geographically through regions including Japan, North America, Asia, and Europe, while it also operates security equipment business through Japan and Overseas. It derives the majority of the revenue from Automobile Parts Business in Asia.
67GF Score

Get the complete analysis for TSE:3434

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

円1,228.00
Price
円1,255.89
GF Value