Hakuhodo DY Holdings (TSE:2433) Goodwill: 円49,805 Mil (As of Mar. 2026)

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TSE:2433 Hakuhodo DY Holdings Inc TSE:2433
73 GF Score
Price 円1,268.50
GF Value 円1,119.15
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hakuhodo DY Holdings Goodwill?

Hakuhodo DY Holdings TSE:2433 +3.26% 73 Goodwill is 円49,805 Mil as of Mar. 2026. GuruFocus rates TSE:2433 with a GF Score™ of 73/100 and a GF Value™ of 円1,119.15 (Modestly Overvalued). The stock has 4 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. Hakuhodo DY Holdings's goodwill for the quarter that ended in Mar. 2026 was 円49,805 Mil.


Hakuhodo DY Holdings  (TSE:2433) 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.

Hakuhodo DY Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=49805/1081132
=0.05

Hakuhodo DY Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=49805/1081132
=0.05

* 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.


Hakuhodo DY Holdings Goodwill Related Terms


Hakuhodo DY Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for Hakuhodo DY Holdings'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.

Hakuhodo DY Holdings Goodwill Chart

Hakuhodo DY Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45,097.00 71,678.00 65,075.00 57,213.00 49,805.00

Hakuhodo DY Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 57,213.00 51,917.00 49,962.00 52,047.00 49,805.00
TSE:2433
73GF Score
Hakuhodo DY Holdings Inc TSE:2433
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Hakuhodo DY Holdings 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49,805 Mil mean?
Hakuhodo DY Holdings (TSE:2433) has a Goodwill of 円49,805 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Hakuhodo DY Holdings and its competitors.
Is Hakuhodo DY Holdings' Goodwill too high?
Hakuhodo DY Holdings' current Goodwill is 円49,805 Mil. Overall, Hakuhodo DY Holdings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hakuhodo DY Holdings' Goodwill compare to APP and OMC?
Hakuhodo DY Holdings' Goodwill of 円49,805 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Goodwill depends on the Media - Diversified 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 Hakuhodo DY Holdings and its competitors. Hakuhodo DY Holdings's current Goodwill is 円49,805 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuhodo DY Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hakuhodo DY Holdings (TSE:2433) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,119.15, compared to a current price of 円1,268.50 — trading 13.3% above its estimated fair value. The current Goodwill is 円49,805 Mil. Hakuhodo DY Holdings' overall GF Score™ is 73/100 with 4 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 Hakuhodo DY Holdings (TSE:2433), the current Goodwill is 円49,805 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 Hakuhodo DY Holdings (TSE:2433) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuhodo DY Holdings stock appears to be overvalued. The current stock price of 円1,268.50 is trading 13.3% above its estimated GF Value™ of 円1,119.15. GuruFocus considers Hakuhodo DY Holdings to be Modestly Overvalued.

Key valuation signals for TSE:2433:

  • Goodwill: 円49,805 Mil
  • GF Value™: 円1,119.15 vs. price of 円1,268.50 (13.3% above fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:2433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuhodo DY Holdings Business Description

Other Exchanges HKUOY:USA
Address 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320
Hakuhodo is the second-largest advertising agency in Japan, and one of the oldest advertising agencies, founded in 1895. Over the years, Hakuhodo has acquired many international companies, and overseas revenue currently accounts for 15% of total sales.
73GF Score

Get the complete analysis for TSE:2433

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

円1,268.50
Price
円1,119.15
GF Value