FCRQF (Ichigo Office REIT Investment) Intangible Assets: $28.2 Mil (As of Apr. 2026)

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FCRQF Ichigo Office REIT Investment Corp FCRQF
67 GF Score
Price $585.00
GF Value $547.59
! 11 Warning Signs
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What is Ichigo Office REIT Investment Intangible Assets?

Ichigo Office REIT Investment FCRQF 67 Intangible Assets is $28.2 Mil as of Apr. 2026. GuruFocus rates FCRQF with a GF Score™ of 67/100 and a GF Value™ of $547.59. The stock has 11 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Ichigo Office REIT Investment's intangible assets for the quarter that ended in Apr. 2026 was $28.2 Mil.


Ichigo Office REIT Investment  (OTCPK:FCRQF) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Ichigo Office REIT Investment Intangible Assets Related Terms


Ichigo Office REIT Investment Intangible Assets Historical Data

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The historical data trend for Ichigo Office REIT Investment's Intangible Assets 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.

Ichigo Office REIT Investment Intangible Assets Chart

Ichigo Office REIT Investment Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.72 39.73 30.57 30.05 29.99

Ichigo Office REIT Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Intangible Assets 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 29.21 29.99 31.19 29.70 28.25
FCRQF
67GF Score
Ichigo Office REIT Investment Corp FCRQF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichigo Office REIT Investment Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $28.2 Mil mean?
Ichigo Office REIT Investment (FCRQF) has a Intangible Assets of $28.2 Mil as of Apr. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Ichigo Office REIT Investment and its competitors.
Is Ichigo Office REIT Investment's Intangible Assets too high?
Ichigo Office REIT Investment's current Intangible Assets is $28.2 Mil. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's Intangible Assets compare to BXP and ARE?
Ichigo Office REIT Investment's Intangible Assets of $28.2 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a REITs company?
A good Intangible Assets depends on the REITs industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Ichigo Office REIT Investment and its competitors. Ichigo Office REIT Investment's current Intangible Assets is $28.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Ichigo Office REIT Investment (FCRQF) has a current Intangible Assets of $28.2 Mil. The stock's GF Value™ is $547.59, compared to a current price of $585.00 — trading 6.8% above its estimated fair value. The current Intangible Assets is $28.2 Mil. Ichigo Office REIT Investment's overall GF Score™ is 67/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Ichigo Office REIT Investment (FCRQF), the current Intangible Assets is $28.2 Mil as of Apr. 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 Ichigo Office REIT Investment (FCRQF) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued. The current stock price of $585.00 is trading 6.8% above its estimated GF Value™ of $547.59.

Key valuation signals for FCRQF:

  • Intangible Assets: $28.2 Mil
  • GF Value™: $547.59 vs. price of $585.00 (6.8% above fair value)
  • GF Score™: 67/100 with 11 warning signs

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


Ichigo Office REIT Investment Business Description

Industry Real EstateREITs
Other Exchanges 8975:Japan
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score

Get the complete analysis for FCRQF

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

$585.00
Price
$547.59
GF Value