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. Meidensha's goodwill for the quarter that ended in Mar. 2026 was 円775 Mil.
Meidensha (TSE:6508) 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.
Meidensha's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Meidensha Goodwill Related Terms
Meidensha Goodwill Historical Data
* Premium members only.
The historical data trend for Meidensha'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.
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.
Meidensha (TSE:6508) has a Goodwill of 円775 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 Meidensha and its competitors.
Is Meidensha's Goodwill too high?
Meidensha's current Goodwill is 円775 Mil. Overall, Meidensha has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meidensha's Goodwill compare to GEV and ETN?
Meidensha's Goodwill of 円775 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Goodwill depends on the Industrial Products 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 Meidensha and its competitors. Meidensha's current Goodwill is 円775 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meidensha stock overvalued right now?
Based on GuruFocus' analysis, Meidensha (TSE:6508) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,475.34, compared to a current price of 円9,780.00 — trading 118.5% above its estimated fair value. The current Goodwill is 円775 Mil. Meidensha's overall GF Score™ is 72/100. 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 Meidensha (TSE:6508), the current Goodwill is 円775 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 Meidensha (TSE:6508) Overvalued in 2026?
Based on GuruFocus' analysis, Meidensha stock appears to be overvalued.
The current stock price of 円9,780.00 is trading 118.5% above its estimated GF Value™ of 円4,475.34.
GuruFocus considers Meidensha to be Significantly Overvalued.
Key valuation signals for TSE:6508:
Goodwill: 円775 Mil
GF Value™: 円4,475.34 vs. price of 円9,780.00 (118.5% above fair value)
No single metric tells the full story. See the TSE:6508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meidensha Corp is a Japan-based conglomerate that operates through four segments. The company's social infrastructure systems segment, which accounts for the majority of the company's sales, is engaged in businesses related to social infrastructure such as power generation and electricity transmission. The industrial system segment supplies industrial components, dynamometer systems, automatic guided vehicles, and other industrial products to the general manufacturing industry. The maintenance and service segment provides maintaining services. The real estate segment is involved in real estate rentals. The company generates the majority of its sales from the Japanese domestic market.
72GF Score
Get the complete analysis for TSE:6508
Goodwill 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:6508 has been successfully added to your 
