Goldwin (TSE:8111) Total Operating Expense: 円47,087 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:8111 Goldwin Inc TSE:8111
84 GF Score
Price 円2,276.00
GF Value 円2,939.15
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Goldwin Total Operating Expense?

Goldwin TSE:8111 +0.35% 84 Total Operating Expense is 円47,087 Mil as of Mar. 2026. GuruFocus rates TSE:8111 with a GF Score™ of 84/100 and a GF Value™ of 円2,939.15 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Goldwin's Total Operating Expense for the three months ended in Mar. 2026 was 円12,594 Mil. Goldwin's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円47,087 Mil.


Goldwin Total Operating Expense Related Terms


Goldwin Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Goldwin'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.

Goldwin Total Operating Expense Chart

Goldwin 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 35,241.00 38,130.00 43,326.00 47,020.00 47,087.00

Goldwin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 13,566.00 10,567.00 11,027.00 12,899.00 12,594.00
TSE:8111
84GF Score
Goldwin Inc TSE:8111
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldwin 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47,087 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47,087 Mil mean?
Goldwin (TSE:8111) has a Total Operating Expense of 円47,087 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Goldwin and its competitors.
Is Goldwin's Total Operating Expense too high?
Goldwin's current Total Operating Expense is 円47,087 Mil. Overall, Goldwin has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldwin's Total Operating Expense compare to RL and LEVI?
Goldwin's Total Operating Expense of 円47,087 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Total Operating Expense depends on the Manufacturing - Apparel & Accessories 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 Goldwin and its competitors. Goldwin's current Total Operating Expense is 円47,087 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldwin stock overvalued right now?
Based on GuruFocus' analysis, Goldwin (TSE:8111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,939.15, compared to a current price of 円2,276.00 — trading 22.6% below its estimated fair value. The current Total Operating Expense is 円47,087 Mil. Goldwin's overall GF Score™ is 84/100 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 Goldwin (TSE:8111), the current Total Operating Expense is 円47,087 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 Goldwin (TSE:8111) Overvalued in 2026?

Based on GuruFocus' analysis, Goldwin stock appears to be undervalued. The current stock price of 円2,276.00 is trading 22.6% below its estimated GF Value™ of 円2,939.15. GuruFocus considers Goldwin to be Modestly Undervalued.

Key valuation signals for TSE:8111:

  • Total Operating Expense: 円47,087 Mil
  • GF Value™: 円2,939.15 vs. price of 円2,276.00 (22.6% below fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the TSE:8111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldwin Business Description

Other Exchanges GWNCF:USA
Address 210 Kiyosawa, Toyama Prefecture, Oyabe, JPN, 932-0193
Goldwin Inc is involved in the business of manufacturing and selling sports products in Japan. It sells brands such as Goldwin, C3fit, Mxp, Speedo, Ellesse, Danskin, Canterbury, Black and white sport, the North Face, Helly Hansen, Macpac, Alite, Icebreaker, and Fischer.
84GF Score

Get the complete analysis for TSE:8111

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

円2,276.00
Price
円2,939.15
GF Value