Dawn (TSE:2303) Goodwill: 円0.0 Mil (As of Nov. 2025)


TSE:2303 Dawn Corp TSE:2303
80 GF Score
Price 円1,300.00
GF Value 円1,398.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Dawn Goodwill?

Dawn TSE:2303 +3.50% 80 Goodwill is 円0.0 Mil as of Nov. 2025. GuruFocus rates TSE:2303 with a GF Score™ of 80/100 and a GF Value™ of 円1,398.76 (Fairly Valued). The stock has 3 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Dawn's goodwill for the quarter that ended in Nov. 2025 was 円0.0 Mil.


Dawn  (TSE:2303) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Dawn's Goodwill-to-Asset Ratio for the fiscal year that ended in May. 2025 is calculated as

Goodwill-to-Asset (A: May. 2025 )=Goodwill/Total Assets
=0/3074.425
=0.00

Dawn's Goodwill-to-Asset Ratio for the quarter that ended in Nov. 2025 is calculated as

Goodwill-to-Asset (Q: Nov. 2025 )=Goodwill/Total Assets
=0/3088.678
=

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Dawn Goodwill Related Terms


Dawn Goodwill Historical Data

* Premium members only.

The historical data trend for Dawn's Goodwill 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.

Dawn Goodwill Chart

Dawn Annual Data
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Dawn Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Nov25 Feb26
Goodwill 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 0.00 0.00 0.00 0.00
TSE:2303
80GF Score
Dawn Corp TSE:2303
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Dawn Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of 円0.0 Mil mean?
Dawn (TSE:2303) has a Goodwill of 円0.0 Mil as of Nov. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Dawn and its competitors.
Is Dawn's Goodwill too high?
Dawn's current Goodwill is 円0.0 Mil. Overall, Dawn has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawn's Goodwill compare to UBER and SHOP?
Dawn's Goodwill of 円0.0 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 Goodwill for a Software company?
A good Goodwill depends on the Software industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Dawn and its competitors. Dawn's current Goodwill is 円0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawn stock overvalued right now?
Based on GuruFocus' analysis, Dawn (TSE:2303) is currently considered Fairly Valued. The stock's GF Value™ is 円1,398.76, compared to a current price of 円1,300.00 — trading 7.1% below its estimated fair value. The current Goodwill is 円0.0 Mil. Dawn's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Dawn (TSE:2303), the current Goodwill is 円0.0 Mil as of Nov. 2025. 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 Dawn (TSE:2303) Overvalued in 2026?

Based on GuruFocus' analysis, Dawn stock appears to be undervalued. The current stock price of 円1,300.00 is trading 7.1% below its estimated GF Value™ of 円1,398.76. GuruFocus considers Dawn to be Fairly Valued.

Key valuation signals for TSE:2303:

  • Goodwill: 円0.0 Mil
  • GF Value™: 円1,398.76 vs. price of 円1,300.00 (7.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the TSE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dawn Business Description

Address 2-2-21 Sannomiya Grand Building 5th floor, Hyogo Prefecture, Kobe, JPN
Dawn Corp is engaged in service building services such as FAQ Q and A location information service ASP, GPS map, GIS application development consulting contract research and development and sales of core GIS engine. It is a research and development company specialized in geographic information systems. Its system is used in the security and security of disaster prevention areas such as local governments, the crime prevention area for disaster prevention and the social infrastructure area of private enterprises.
80GF Score

Get the complete analysis for TSE:2303

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

円1,300.00
Price
円1,398.76
GF Value