MIRAI (TSE:3476) Total Operating Expense: 円1,278 Mil (TTM As of Oct. 2025)


TSE:3476 MIRAI Corp TSE:3476
56 GF Score
Price 円41,950.00
GF Value 円52,720.86
Valuation Modestly Undervalued
! 7 Warning Signs
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What is MIRAI Total Operating Expense?

MIRAI TSE:3476 +0.12% 56 Total Operating Expense is 円1,278 Mil as of Oct. 2025. GuruFocus rates TSE:3476 with a GF Score™ of 56/100 and a GF Value™ of 円52,720.86 (Modestly Undervalued). The stock has 7 warning signs investors should review.

MIRAI's Total Operating Expense for the six months ended in Oct. 2025 was 円640 Mil. MIRAI's Total Operating Expense for the trailing twelve months (TTM) ended in Oct. 2025 was 円1,278 Mil.

MIRAI Total Operating Expense Related Terms

MIRAI Total Operating Expense Historical Data

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The historical data trend for MIRAI'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.

MIRAI Total Operating Expense Chart

MIRAI Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,042.97 1,084.84 1,161.17 1,164.46 1,277.57

MIRAI Semi-Annual Data
May16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 573.94 561.46 603.00 638.04 639.53
TSE:3476
56GF Score
MIRAI Corp TSE:3476
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MIRAI 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 Oct. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,278 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1,278 Mil mean?
MIRAI (TSE:3476) has a Total Operating Expense of 円1,278 Mil as of Oct. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on MIRAI and its competitors.
Is MIRAI's Total Operating Expense too high?
MIRAI's current Total Operating Expense is 円1,278 Mil. Overall, MIRAI has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRAI's Total Operating Expense compare to VICI and WPC?
MIRAI's Total Operating Expense of 円1,278 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 MIRAI and its competitors. MIRAI's current Total Operating Expense is 円1,278 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRAI stock overvalued right now?
Based on GuruFocus' analysis, MIRAI (TSE:3476) is currently considered Modestly Undervalued. The stock's GF Value™ is 円52,720.86, compared to a current price of 円41,950.00 — trading 20.4% below its estimated fair value. The current Total Operating Expense is 円1,278 Mil. MIRAI's overall GF Score™ is 56/100 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 MIRAI (TSE:3476), the current Total Operating Expense is 円1,278 Mil as of Oct. 2025. 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 MIRAI (TSE:3476) Overvalued in 2026?

Based on GuruFocus' analysis, MIRAI stock appears to be undervalued. The current stock price of 円41,950.00 is trading 20.4% below its estimated GF Value™ of 円52,720.86. GuruFocus considers MIRAI to be Modestly Undervalued.

Key valuation signals for TSE:3476:

  • Total Operating Expense: 円1,278 Mil
  • GF Value™: 円52,720.86 vs. price of 円41,950.00 (20.4% below fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the TSE:3476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MIRAI Business Description

Industry Real EstateREITs
Address 3-2-1 Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065
MIRAI Corp is a Japanese real estate investment trust. The company invests in a diversified portfolio of real estate properties, including office buildings, retail properties, and hotels.
56GF Score

Get the complete analysis for TSE:3476

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

円41,950.00
Price
円52,720.86
GF Value