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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Kusuri No Aoki Holdings's intangible assets for the quarter that ended in May. 2026 was 円18,906 Mil.
Kusuri No Aoki Holdings (TSE:3549) 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.
Kusuri No Aoki Holdings Intangible Assets Related Terms
Kusuri No Aoki Holdings Intangible Assets Historical Data
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The historical data trend for Kusuri No Aoki Holdings'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.
Kusuri No Aoki Holdings 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18,906 Mil mean?
Kusuri No Aoki Holdings (TSE:3549) has a Intangible Assets of 円18,906 Mil as of May. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Kusuri No Aoki Holdings and its competitors.
Is Kusuri No Aoki Holdings' Intangible Assets too high?
Kusuri No Aoki Holdings' current Intangible Assets is 円18,906 Mil. Overall, Kusuri No Aoki Holdings has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kusuri No Aoki Holdings' Intangible Assets compare to competitors?
Kusuri No Aoki Holdings' Intangible Assets of 円18,906 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Intangible Assets depends on the Healthcare Providers & Services 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 Kusuri No Aoki Holdings and its competitors. Kusuri No Aoki Holdings's current Intangible Assets is 円18,906 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kusuri No Aoki Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kusuri No Aoki Holdings (TSE:3549) is currently considered Fairly Valued. The stock's GF Value™ is 円4,343.68, compared to a current price of 円4,000.00 — trading 7.9% below its estimated fair value. The current Intangible Assets is 円18,906 Mil. Kusuri No Aoki Holdings' overall GF Score™ is 88/100 with 4 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 Kusuri No Aoki Holdings (TSE:3549), the current Intangible Assets is 円18,906 Mil as of May. 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 Kusuri No Aoki Holdings (TSE:3549) Overvalued in 2026?
Based on GuruFocus' analysis, Kusuri No Aoki Holdings stock appears to be undervalued.
The current stock price of 円4,000.00 is trading 7.9% below its estimated GF Value™ of 円4,343.68.
GuruFocus considers Kusuri No Aoki Holdings to be Fairly Valued.
Key valuation signals for TSE:3549:
Intangible Assets: 円18,906 Mil
GF Value™: 円4,343.68 vs. price of 円4,000.00 (7.9% below fair value)
No single metric tells the full story. See the TSE:3549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kusuri No Aoki Holdings is a pharmaceutical retail chain that sells health, beauty, and cleaning supplies. The company operates stores that focus primarily on residential areas in Japan. Kusuri's business includes pharmaceutical drugs, and the company also operates a bone-marrow bank. The company breaks out its sales into four different product lines, including health, beauty, life, and dispensing. The vast majority of the company's revenue is derived from its life product category, followed by beauty products. Most of Kusuri's revenue is derived from the Hokuriku region.
88GF Score
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