Nittan (TSE:6493) Intangible Assets: 円1,600 Mil (As of Mar. 2026)

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TSE:6493 Nittan Corp TSE:6493
69 GF Score
Price 円496.00
GF Value 円370.50
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nittan Intangible Assets?

Nittan TSE:6493 +0.40% 69 Intangible Assets is 円1,600 Mil as of Mar. 2026. GuruFocus rates TSE:6493 with a GF Score™ of 69/100 and a GF Value™ of 円370.50 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Nittan's intangible assets for the quarter that ended in Mar. 2026 was 円1,600 Mil.


Nittan  (TSE:6493) 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.


Nittan Intangible Assets Related Terms


Nittan Intangible Assets Historical Data

* Premium members only.

The historical data trend for Nittan'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.

Nittan Intangible Assets Chart

Nittan 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 602.54 616.69 707.94 1,267.71 1,600.38

Nittan 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 1,397.84 1,497.47 1,571.56 1,600.38 2,323.35
TSE:6493
69GF Score
Nittan Corp TSE:6493
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittan 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 円1,600 Mil mean?
Nittan (TSE:6493) has a Intangible Assets of 円1,600 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Nittan and its competitors.
Is Nittan's Intangible Assets too high?
Nittan's current Intangible Assets is 円1,600 Mil. Overall, Nittan has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittan's Intangible Assets compare to ORLY and AZO?
Nittan's Intangible Assets of 円1,600 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Intangible Assets depends on the Vehicles & Parts 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 Nittan and its competitors. Nittan's current Intangible Assets is 円1,600 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittan stock overvalued right now?
Based on GuruFocus' analysis, Nittan (TSE:6493) is currently considered Significantly Overvalued. The stock's GF Value™ is 円370.50, compared to a current price of 円496.00 — trading 33.9% above its estimated fair value. The current Intangible Assets is 円1,600 Mil. Nittan's overall GF Score™ is 69/100 with 2 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 Nittan (TSE:6493), the current Intangible Assets is 円1,600 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 Nittan (TSE:6493) Overvalued in 2026?

Based on GuruFocus' analysis, Nittan stock appears to be overvalued. The current stock price of 円496.00 is trading 33.9% above its estimated GF Value™ of 円370.50. GuruFocus considers Nittan to be Significantly Overvalued.

Key valuation signals for TSE:6493:

  • Intangible Assets: 円1,600 Mil
  • GF Value™: 円370.50 vs. price of 円496.00 (33.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:6493 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittan Business Description

Address 518 Soya, Hadano-shi, Kanagawa, JPN, 257-0031
Nittan Corp operates in the auto parts industry. The company is mainly engaged in the manufacturing and distribution of engine valves, automobile parts, spinning machine parts, and other general machine parts and equipment. In addition, the company is involved in the produce, process, and sales of agricultural crops. The company has an operational presence across Asia, North America, and Europe.
69GF Score

Get the complete analysis for TSE:6493

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

円496.00
Price
円370.50
GF Value