Nippon Ski Resort Development Co (TSE:6040) Goodwill: 円61 Mil (As of Jan. 2026)

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TSE:6040 Nippon Ski Resort Development Co Ltd TSE:6040
79 GF Score
Price 円503.00
GF Value 円565.28
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nippon Ski Resort Development Co Goodwill?

Nippon Ski Resort Development Co TSE:6040 +0.20% 79 Goodwill is 円61 Mil as of Jan. 2026. GuruFocus rates TSE:6040 with a GF Score™ of 79/100 and a GF Value™ of 円565.28 (Modestly Undervalued). 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. Nippon Ski Resort Development Co's goodwill for the quarter that ended in Jan. 2026 was 円61 Mil.


Nippon Ski Resort Development Co  (TSE:6040) 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.

Nippon Ski Resort Development Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Goodwill-to-Asset (A: Jul. 2025 )=Goodwill/Total Assets
=69.595/13404.943
=0.01

Nippon Ski Resort Development Co's Goodwill-to-Asset Ratio for the quarter that ended in Jan. 2026 is calculated as

Goodwill-to-Asset (Q: Jan. 2026 )=Goodwill/Total Assets
=60.862/16005.954
=0.00

* 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.


Nippon Ski Resort Development Co Goodwill Related Terms


Nippon Ski Resort Development Co Goodwill Historical Data

* Premium members only.

The historical data trend for Nippon Ski Resort Development 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.

Nippon Ski Resort Development Co Goodwill Chart

Nippon Ski Resort Development Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 69.60

Nippon Ski Resort Development Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 69.60 60.86
TSE:6040
79GF Score
Nippon Ski Resort Development Co Ltd TSE:6040
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Ski Resort Development 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61 Mil mean?
Nippon Ski Resort Development Co (TSE:6040) has a Goodwill of 円61 Mil as of Jan. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Nippon Ski Resort Development Co and its competitors.
Is Nippon Ski Resort Development Co's Goodwill too high?
Nippon Ski Resort Development Co's current Goodwill is 円61 Mil. Overall, Nippon Ski Resort Development Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's Goodwill compare to LVS and MGM?
Nippon Ski Resort Development Co's Goodwill of 円61 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Goodwill depends on the Travel & Leisure 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 Nippon Ski Resort Development Co and its competitors. Nippon Ski Resort Development Co's current Goodwill is 円61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.28, compared to a current price of 円503.00 — trading 11% below its estimated fair value. The current Goodwill is 円61 Mil. Nippon Ski Resort Development Co's overall GF Score™ is 79/100 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 Nippon Ski Resort Development Co (TSE:6040), the current Goodwill is 円61 Mil as of Jan. 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued. The current stock price of 円503.00 is trading 11% below its estimated GF Value™ of 円565.28. GuruFocus considers Nippon Ski Resort Development Co to be Modestly Undervalued.

Key valuation signals for TSE:6040:

  • Goodwill: 円61 Mil
  • GF Value™: 円565.28 vs. price of 円503.00 (11% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Ski Resort Development Co Business Description

Address 6329-1, Hokujo, Hakuba-mura Kitaazumi-gun, Nagano, JPN, 399-9301
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
79GF Score

Get the complete analysis for TSE:6040

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

円503.00
Price
円565.28
GF Value