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 Kanzai Holdings Co's goodwill for the quarter that ended in Mar. 2026 was 円6,056 Mil.
Nippon Kanzai Holdings Co (TSE:9347) 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 Kanzai Holdings Co'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.
Nippon Kanzai Holdings Co Goodwill Related Terms
Nippon Kanzai Holdings Co Goodwill Historical Data
* 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.
Nippon Kanzai Holdings Co (TSE:9347) has a Goodwill of 円6,056 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 Nippon Kanzai Holdings Co and its competitors.
Is Nippon Kanzai Holdings Co's Goodwill too high?
Nippon Kanzai Holdings Co's current Goodwill is 円6,056 Mil. Overall, Nippon Kanzai Holdings Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Kanzai Holdings Co's Goodwill compare to CBRE and BEKE?
Nippon Kanzai Holdings Co's Goodwill of 円6,056 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Goodwill depends on the Real Estate 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 Kanzai Holdings Co and its competitors. Nippon Kanzai Holdings Co's current Goodwill is 円6,056 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Kanzai Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Kanzai Holdings Co (TSE:9347) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,279.47, compared to a current price of 円2,710.00 — trading 17.4% below its estimated fair value. The current Goodwill is 円6,056 Mil. Nippon Kanzai Holdings Co's overall GF Score™ is 89/100 with 1 warning sign 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 Kanzai Holdings Co (TSE:9347), the current Goodwill is 円6,056 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 Nippon Kanzai Holdings Co (TSE:9347) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Kanzai Holdings Co stock appears to be undervalued.
The current stock price of 円2,710.00 is trading 17.4% below its estimated GF Value™ of 円3,279.47.
GuruFocus considers Nippon Kanzai Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:9347:
Goodwill: 円6,056 Mil
GF Value™: 円3,279.47 vs. price of 円2,710.00 (17.4% below fair value)
No single metric tells the full story. See the TSE:9347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Kanzai Holdings Co Ltd is a Japan-based fund management company. Itengaged in a wide range of comprehensive building management services, Security and Guard Services, Construction-related services for general tenant buildings and government facilities, real estate fund management services, and Others. The company's business segments include Building Management and Operation Business, Environmental Facility Management Business, Real Estate Fund Management Business, and Other Businesses which consist mainly of event planning and management, printing and design, among others. The company generates the majority of its revenue from the Building Management and Operation Business.
89GF Score
Get the complete analysis for TSE:9347
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:9347 has been successfully added to your 
