IRidge (TSE:3917) Total Operating Expense: 円2,130 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:3917 IRidge Inc TSE:3917
53 GF Score
Price 円455.00
GF Value 円587.01
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is IRidge Total Operating Expense?

IRidge TSE:3917 +5.57% 53 Total Operating Expense is 円2,130 Mil as of Mar. 2026. GuruFocus rates TSE:3917 with a GF Score™ of 53/100 and a GF Value™ of 円587.01 (Modestly Undervalued). The stock has 1 warning sign investors should review.

IRidge's Total Operating Expense for the three months ended in Mar. 2026 was 円532 Mil. IRidge's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,130 Mil.


IRidge Total Operating Expense Related Terms


IRidge Total Operating Expense Historical Data

* Premium members only.

The historical data trend for IRidge'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.

IRidge Total Operating Expense Chart

IRidge Annual Data
Trend Jul16 Jul17 Jul18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,585.74 1,624.98 1,838.63 1,930.70 2,096.09

IRidge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 519.83 519.45 525.06 531.75 553.32
TSE:3917
53GF Score
IRidge Inc TSE:3917
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRidge 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2,130 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2,130 Mil mean?
IRidge (TSE:3917) has a Total Operating Expense of 円2,130 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on IRidge and its competitors.
Is IRidge's Total Operating Expense too high?
IRidge's current Total Operating Expense is 円2,130 Mil. Overall, IRidge has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRidge's Total Operating Expense compare to QH and SHOP?
IRidge's Total Operating Expense of 円2,130 Mil can be compared against companies in the Software 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 Software company?
A good Total Operating Expense depends on the Software 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 IRidge and its competitors. IRidge's current Total Operating Expense is 円2,130 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRidge stock overvalued right now?
Based on GuruFocus' analysis, IRidge (TSE:3917) is currently considered Modestly Undervalued. The stock's GF Value™ is 円587.01, compared to a current price of 円455.00 — trading 22.5% below its estimated fair value. The current Total Operating Expense is 円2,130 Mil. IRidge's overall GF Score™ is 53/100 with 1 warning sign 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 IRidge (TSE:3917), the current Total Operating Expense is 円2,130 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 IRidge (TSE:3917) Overvalued in 2026?

Based on GuruFocus' analysis, IRidge stock appears to be undervalued. The current stock price of 円455.00 is trading 22.5% below its estimated GF Value™ of 円587.01. GuruFocus considers IRidge to be Modestly Undervalued.

Key valuation signals for TSE:3917:

  • Total Operating Expense: 円2,130 Mil
  • GF Value™: 円587.01 vs. price of 円455.00 (22.5% below fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the TSE:3917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRidge Business Description

Address 1-11-9 Azabudai, 10th Floor, BPR Place Kamiyacho, Minato-ku, Tokyo, JPN, 106-0041
IRidge Inc is engaged in the planning, development, and support of smartphone applications, digital services, and local currency platforms. The company operates through three segments: the Application Business, which handles app development and operation; the Business Production Business, which offers end-to-end support from business strategy and DX planning to service development and growth hacking; and the Fintech Business, which manages the digital local currency platform Money Easy.
53GF Score

Get the complete analysis for TSE:3917

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

円455.00
Price
円587.01
GF Value