SHANON (TSE:3976) Total Operating Expense: 円1,165 Mil (TTM As of Jun. 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:3976 SHANON Inc TSE:3976
62 GF Score
Price 円637.00
GF Value 円159.58
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is SHANON Total Operating Expense?

SHANON TSE:3976 +2.58% 62 Total Operating Expense is 円1,165 Mil as of Jun. 2026. GuruFocus rates TSE:3976 with a GF Score™ of 62/100 and a GF Value™ of 円159.58 (Significantly Overvalued). The stock has 2 warning signs investors should review.

SHANON's Total Operating Expense for the three months ended in Jun. 2026 was 円0 Mil. SHANON's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was 円1,165 Mil.

SHANON Total Operating Expense Related Terms

SHANON Total Operating Expense Historical Data

* Premium members only.

The historical data trend for SHANON'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.

SHANON Total Operating Expense Chart

SHANON Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,057.58 1,355.87 1,919.84 2,088.16 1,983.51

SHANON Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Apr25 Jul25 Oct25 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 0.00 427.15 383.22 354.46 0.00
TSE:3976
62GF Score
SHANON Inc TSE:3976
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SHANON 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,165 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1,165 Mil mean?
SHANON (TSE:3976) has a Total Operating Expense of 円1,165 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on SHANON and its competitors.
Is SHANON's Total Operating Expense too high?
SHANON's current Total Operating Expense is 円1,165 Mil. Overall, SHANON has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SHANON's Total Operating Expense compare to QH and SHOP?
SHANON's Total Operating Expense of 円1,165 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 SHANON and its competitors. SHANON's current Total Operating Expense is 円1,165 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHANON stock overvalued right now?
Based on GuruFocus' analysis, SHANON (TSE:3976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円159.58, compared to a current price of 円637.00 — trading 299.2% above its estimated fair value. The current Total Operating Expense is 円1,165 Mil. SHANON's overall GF Score™ is 62/100 with 2 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 SHANON (TSE:3976), the current Total Operating Expense is 円1,165 Mil as of Jun. 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 SHANON (TSE:3976) Overvalued in 2026?

Based on GuruFocus' analysis, SHANON stock appears to be overvalued. The current stock price of 円637.00 is trading 299.2% above its estimated GF Value™ of 円159.58. GuruFocus considers SHANON to be Significantly Overvalued.

Key valuation signals for TSE:3976:

  • Total Operating Expense: 円1,165 Mil
  • GF Value™: 円159.58 vs. price of 円637.00 (299.2% above fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the TSE:3976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SHANON Business Description

Address 3-13-16 Minato-ku, Mita 43MT Building, 4th Floor, Tokyo, JPN, 108-0073
SHANON Inc provides marketing platform and cloud application. It is engaged in the planning, development, and sale of cloud marketing solutions. It is also engaged in the provision of consulting and outsourcing services related to marketing.
62GF Score

Get the complete analysis for TSE:3976

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

円637.00
Price
円159.58
GF Value