RECOMM Co (TSE:3323) Goodwill: 円3,087 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:3323 RECOMM Co Ltd TSE:3323
57 GF Score
Price 円74.00
GF Value 円110.08
Valuation Significantly Undervalued
! 9 Warning Signs
View Full Analysis

What is RECOMM Co Goodwill?

RECOMM Co TSE:3323 57 Goodwill is 円3,087 Mil as of Mar. 2026. GuruFocus rates TSE:3323 with a GF Score™ of 57/100 and a GF Value™ of 円110.08 (Significantly Undervalued). The stock has 9 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. RECOMM Co's goodwill for the quarter that ended in Mar. 2026 was 円3,087 Mil.


RECOMM Co  (TSE:3323) 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.

RECOMM Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Goodwill-to-Asset (A: Sep. 2025 )=Goodwill/Total Assets
=2395.983/12703.755
=0.19

RECOMM Co'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
=3086.784/15296.66
=0.20

* 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.


RECOMM Co Goodwill Related Terms


RECOMM Co Goodwill Historical Data

* Premium members only.

The historical data trend for RECOMM Co'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.

RECOMM Co Goodwill Chart

RECOMM Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,201.85 1,259.23 1,278.20 2,376.31 2,395.98

RECOMM Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1,283.61 2,376.31 2,368.46 2,395.98 3,086.78
TSE:3323
57GF Score
RECOMM Co Ltd TSE:3323
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RECOMM Co 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3,087 Mil mean?
RECOMM Co (TSE:3323) has a Goodwill of 円3,087 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 RECOMM Co and its competitors.
Is RECOMM Co's Goodwill too high?
RECOMM Co's current Goodwill is 円3,087 Mil. Overall, RECOMM Co has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RECOMM Co's Goodwill compare to TMUS and VZ?
RECOMM Co's Goodwill of 円3,087 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Goodwill depends on the Telecommunication Services 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 RECOMM Co and its competitors. RECOMM Co's current Goodwill is 円3,087 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RECOMM Co stock overvalued right now?
Based on GuruFocus' analysis, RECOMM Co (TSE:3323) is currently considered Significantly Undervalued. The stock's GF Value™ is 円110.08, compared to a current price of 円74.00 — trading 32.8% below its estimated fair value. The current Goodwill is 円3,087 Mil. RECOMM Co's overall GF Score™ is 57/100 with 9 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 RECOMM Co (TSE:3323), the current Goodwill is 円3,087 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 RECOMM Co (TSE:3323) Overvalued in 2026?

Based on GuruFocus' analysis, RECOMM Co stock appears to be undervalued. The current stock price of 円74.00 is trading 32.8% below its estimated GF Value™ of 円110.08. GuruFocus considers RECOMM Co to be Significantly Undervalued.

Key valuation signals for TSE:3323:

  • Goodwill: 円3,087 Mil
  • GF Value™: 円110.08 vs. price of 円74.00 (32.8% below fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the TSE:3323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RECOMM Co Business Description

Address 25-3 Yoyogi 3-chome, Shibuya-ku, Tokyo, JPN
RECOMM Co Ltd is engaged in the sale of business phones, digital multifunction machines, network products, LED lighting, and other eco products. The company is also involved in the sales of mobile terminals and maintenance services.
57GF Score

Get the complete analysis for TSE:3323

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

円74.00
Price
円110.08
GF Value