Daiwa Office Investment (TSE:8976) Total Operating Expense: 円2,994 Mil (TTM As of May. 2026)

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TSE:8976 Daiwa Office Investment Corp TSE:8976
62 GF Score
Price 円330,000.00
GF Value 円364,751.79
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Daiwa Office Investment Total Operating Expense?

Daiwa Office Investment TSE:8976 +1.23% 62 Total Operating Expense is 円2,994 Mil as of May. 2026. GuruFocus rates TSE:8976 with a GF Score™ of 62/100 and a GF Value™ of 円364,751.79 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Daiwa Office Investment's Total Operating Expense for the six months ended in May. 2026 was 円1,514 Mil. Daiwa Office Investment's Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 was 円2,994 Mil.

Daiwa Office Investment Total Operating Expense Related Terms

Daiwa Office Investment Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Total Operating Expense Chart

Daiwa Office Investment Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,856.48 2,847.57 2,783.40 2,736.02 2,791.09

Daiwa Office Investment Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 1,350.93 1,440.16 1,433.38 1,480.31 1,513.76
TSE:8976
62GF Score
Daiwa Office Investment Corp TSE:8976
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiwa Office Investment 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 May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,994 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2,994 Mil mean?
Daiwa Office Investment (TSE:8976) has a Total Operating Expense of 円2,994 Mil as of May. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Daiwa Office Investment and its competitors.
Is Daiwa Office Investment's Total Operating Expense too high?
Daiwa Office Investment's current Total Operating Expense is 円2,994 Mil. Overall, Daiwa Office Investment has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Total Operating Expense compare to BXP and ARE?
Daiwa Office Investment's Total Operating Expense of 円2,994 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 Daiwa Office Investment and its competitors. Daiwa Office Investment's current Total Operating Expense is 円2,994 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Office Investment (TSE:8976) is currently considered Modestly Undervalued. The stock's GF Value™ is 円364,751.79, compared to a current price of 円330,000.00 — trading 9.5% below its estimated fair value. The current Total Operating Expense is 円2,994 Mil. Daiwa Office Investment's overall GF Score™ is 62/100 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 Daiwa Office Investment (TSE:8976), the current Total Operating Expense is 円2,994 Mil as of May. 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 Daiwa Office Investment (TSE:8976) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued. The current stock price of 円330,000.00 is trading 9.5% below its estimated GF Value™ of 円364,751.79. GuruFocus considers Daiwa Office Investment to be Modestly Undervalued.

Key valuation signals for TSE:8976:

  • Total Operating Expense: 円2,994 Mil
  • GF Value™: 円364,751.79 vs. price of 円330,000.00 (9.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the TSE:8976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Daiwa Office Investment Business Description

Industry Real EstateREITs
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score

Get the complete analysis for TSE:8976

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

円330,000.00
Price
円364,751.79
GF Value