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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Nisshin Seifun Group's intangible assets for the quarter that ended in Mar. 2026 was 円22,087 Mil.
Nisshin Seifun Group (TSE:2002) 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.
Nisshin Seifun Group Intangible Assets Related Terms
Nisshin Seifun Group Intangible Assets Historical Data
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The historical data trend for Nisshin Seifun Group'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.
Nisshin Seifun Group 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.
What does a Intangible Assets of 円22,087 Mil mean?
Nisshin Seifun Group (TSE:2002) has a Intangible Assets of 円22,087 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Nisshin Seifun Group and its competitors.
Is Nisshin Seifun Group's Intangible Assets too high?
Nisshin Seifun Group's current Intangible Assets is 円22,087 Mil. Overall, Nisshin Seifun Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Seifun Group's Intangible Assets compare to KHC and GIS?
Nisshin Seifun Group's Intangible Assets of 円22,087 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Intangible Assets depends on the Consumer Packaged Goods 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 Nisshin Seifun Group and its competitors. Nisshin Seifun Group's current Intangible Assets is 円22,087 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Seifun Group stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Seifun Group (TSE:2002) is currently considered Fairly Valued. The stock's GF Value™ is 円1,952.77, compared to a current price of 円2,012.50 — trading 3.1% above its estimated fair value. The current Intangible Assets is 円22,087 Mil. Nisshin Seifun Group's overall GF Score™ is 82/100 with 1 warning sign 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 Nisshin Seifun Group (TSE:2002), the current Intangible Assets is 円22,087 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 Nisshin Seifun Group (TSE:2002) Overvalued in 2026?
Based on GuruFocus' analysis, Nisshin Seifun Group stock appears to be overvalued.
The current stock price of 円2,012.50 is trading 3.1% above its estimated GF Value™ of 円1,952.77.
GuruFocus considers Nisshin Seifun Group to be Fairly Valued.
Key valuation signals for TSE:2002:
Intangible Assets: 円22,087 Mil
GF Value™: 円1,952.77 vs. price of 円2,012.50 (3.1% above fair value)
No single metric tells the full story. See the TSE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nisshin Seifun Group Inc is a Japan-based company mainly engaged in the flour milling business, food business, and prepared meals and prepared foods business. The company operates through four segments. The Flour Milling segment covers flour, bran, and related products. The Food segment includes premixes, household flour, pasta, sauces, frozen foods, baking ingredients, biochemical products, health foods, and drug discovery support. The Ready-made Meals segment provides cooked foods such as bento boxes, side dishes, and noodles. The Others segment includes engineering, cargo handling, storage, and other non-core businesses. It generates the majority of its revenue from the Flour Milling segment.
82GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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