NPNGY (Nippon Gas Co) Intangible Assets: $38 Mil (As of Jun. 2026)

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NPNGY Nippon Gas Co Ltd NPNGY
86 GF Score
Price $8.67
GF Value $8.40
Valuation Fairly Valued
! 7 Warning Signs
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What is Nippon Gas Co Intangible Assets?

Nippon Gas Co NPNGY 86 Intangible Assets is $38 Mil as of Jun. 2026. GuruFocus rates NPNGY with a GF Score™ of 86/100 and a GF Value™ of $8.40 (Fairly Valued). The stock has 7 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Nippon Gas Co's intangible assets for the quarter that ended in Jun. 2026 was $38 Mil.


Nippon Gas Co  (OTCPK:NPNGY) 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.


Nippon Gas Co Intangible Assets Related Terms


Nippon Gas Co Intangible Assets Historical Data

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The historical data trend for Nippon Gas Co'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.

Nippon Gas Co Intangible Assets Chart

Nippon Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.82 60.78 54.97 44.72 40.01

Nippon Gas Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 44.46 42.79 39.53 40.01 38.04
NPNGY
86GF Score
Nippon Gas Co Ltd NPNGY
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Gas Co 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 $38 Mil mean?
Nippon Gas Co (NPNGY) has a Intangible Assets of $38 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Nippon Gas Co and its competitors.
Is Nippon Gas Co's Intangible Assets too high?
Nippon Gas Co's current Intangible Assets is $38 Mil. Overall, Nippon Gas Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's Intangible Assets compare to ATO and NI?
Nippon Gas Co's Intangible Assets of $38 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Intangible Assets depends on the Utilities - Regulated 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 Nippon Gas Co and its competitors. Nippon Gas Co's current Intangible Assets is $38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (NPNGY) is currently considered Fairly Valued. The stock's GF Value™ is $8.40, compared to a current price of $8.67 — trading 3.2% above its estimated fair value. The current Intangible Assets is $38 Mil. Nippon Gas Co's overall GF Score™ is 86/100 with 7 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 Nippon Gas Co (NPNGY), the current Intangible Assets is $38 Mil as of Jun. 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 Gas Co (NPNGY) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued. The current stock price of $8.67 is trading 3.2% above its estimated GF Value™ of $8.40. GuruFocus considers Nippon Gas Co to be Fairly Valued.

Key valuation signals for NPNGY:

  • Intangible Assets: $38 Mil
  • GF Value™: $8.40 vs. price of $8.67 (3.2% above fair value)
  • GF Score™: 86/100 with 7 warning signs

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


Nippon Gas Co Business Description

Other Exchanges 8174:JapanNG0:Germany
Address 10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
86GF Score

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

$8.67
Price
$8.40
GF Value