ITOCHU-SHOKUHIN Co's Total Assets for the quarter that ended in Dec. 2023 was 円316,601 Mil.
During the past 12 months, ITOCHU-SHOKUHIN Co's average Total Assets Growth Rate was 11.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.70% per year.
During the past 13 years, ITOCHU-SHOKUHIN Co's highest 3-Year average Total Assets Growth Rate was 9.10%. The lowest was -2.30%. And the median was 3.00%.
The historical data trend for ITOCHU-SHOKUHIN Co's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
ITOCHU-SHOKUHIN Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
ITOCHU-SHOKUHIN Co (TSE:2692) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
ITOCHU-SHOKUHIN Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
ITOCHU-SHOKUHIN Co Total Assets Related Terms
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ITOCHU-SHOKUHIN Co (TSE:2692) Business Description
ITOCHU-SHOKUHIN Co Ltd is a Japan-based wholesale and distribution of Food company. It is mainly engaged in the sale of food and beverages. Its business division includes The Food Wholesale division which is engaged in the purchase and wholesale of food products and alcohol, the storage and transportation of its products, the provision of information regarding various products, as well as the merchandising business related to product distribution. The others division is involved in the logistics management and transportation business, the retail business, the service business, as well as the food product manufacturing business.
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