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.
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.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Rengo Co's shares outstanding for the quarter that ended in Mar. 2026 was 248 Mil.
Rengo Co's quarterly shares outstanding
declined
from Dec. 2025 (248 Mil) to Mar. 2026 (248 Mil).
It means Rengo Cobought back shares from Dec. 2025 to Mar. 2026 .
Rengo Co's annual shares outstanding
increased
from Mar. 2025 (248 Mil) to Mar. 2026 (248 Mil).
It means Rengo Coissued new shares from Mar. 2025 to Mar. 2026 .
Rengo Co (TSE:3941) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Rengo Co Shares Outstanding (EOP) Related Terms
Rengo Co Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Rengo Co's Shares Outstanding (EOP) 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.
TSE:3941 vs SW, PKG, IP: Shares Outstanding (EOP) Comparison
For the Packaging & Containers subindustry, Rengo Co's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rengo Co Shares Outstanding (EOP) vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Rengo Co's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Rengo Co's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 248 Mil mean?
Rengo Co (TSE:3941) has a Shares Outstanding (EOP) of 248 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Rengo Co and its competitors.
Is Rengo Co's Shares Outstanding (EOP) too high?
Rengo Co's current Shares Outstanding (EOP) is 248 Mil. Overall, Rengo Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rengo Co's Shares Outstanding (EOP) compare to SW and PKG?
Rengo Co's Shares Outstanding (EOP) of 248 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Packaging & Containers company?
A good Shares Outstanding (EOP) depends on the Packaging & Containers industry context. However, Shares Outstanding (EOP) 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 Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Rengo Co and its competitors. Rengo Co's current Shares Outstanding (EOP) is 248 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rengo Co stock overvalued right now?
Based on GuruFocus' analysis, Rengo Co (TSE:3941) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,086.98, compared to a current price of 円1,448.50 — trading 33.3% above its estimated fair value. The current Shares Outstanding (EOP) is 248 Mil. Rengo Co's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Rengo Co (TSE:3941), the current Shares Outstanding (EOP) is 248 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 Rengo Co (TSE:3941) Overvalued in 2026?
Based on GuruFocus' analysis, Rengo Co stock appears to be overvalued.
The current stock price of 円1,448.50 is trading 33.3% above its estimated GF Value™ of 円1,086.98.
GuruFocus considers Rengo Co to be Significantly Overvalued.
Key valuation signals for TSE:3941:
Shares Outstanding (EOP): 248 Mil
GF Value™: 円1,086.98 vs. price of 円1,448.50 (33.3% above fair value)
No single metric tells the full story. See the TSE:3941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rengo Co Ltd manufactures and sells a variety of packaging products. The firm organizes itself into four segments based on product type. The paperboard and packaging segment, which generates the majority of revenue, sells corrugated packaging and boxes used to package food and agricultural products. The flexible packaging segment sells films, labels, and cellophane mainly used for food and beverage packaging. The heavy duty packaging segment sells plastic and paper container bags used by the agricultural, transportation, and chemicals industries. The overseas business sells packaging products outside of Japan. The majority of revenue comes from Japan.
81GF Score
Get the complete analysis for TSE:3941
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3941 has been successfully added to your 
