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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Toa (Electric Appliances)'s intangible assets for the quarter that ended in Mar. 2026 was 円2,360 Mil.
Toa (Electric Appliances) (TSE:6809) 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.
Toa (Electric Appliances) Intangible Assets Related Terms
Toa (Electric Appliances) Intangible Assets Historical Data
* 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.
Toa (Electric Appliances) 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.
Toa (Electric Appliances) (TSE:6809) has a Intangible Assets of 円2,360 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Toa (Electric Appliances) and its competitors.
Is Toa (Electric Appliances)'s Intangible Assets too high?
Toa (Electric Appliances)'s current Intangible Assets is 円2,360 Mil. Overall, Toa (Electric Appliances) has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Intangible Assets compare to ALLE and MSA?
Toa (Electric Appliances)'s Intangible Assets of 円2,360 Mil can be compared against companies in the Business 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 Business Services company?
A good Intangible Assets depends on the Business 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 Toa (Electric Appliances) and its competitors. Toa (Electric Appliances)'s current Intangible Assets is 円2,360 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Based on GuruFocus' analysis, Toa (Electric Appliances) (TSE:6809) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,296.66, compared to a current price of 円1,714.00 — trading 32.2% above its estimated fair value. The current Intangible Assets is 円2,360 Mil. Toa (Electric Appliances)'s overall GF Score™ is 77/100 with 3 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 Toa (Electric Appliances) (TSE:6809), the current Intangible Assets is 円2,360 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 Toa (Electric Appliances) (TSE:6809) Overvalued in 2026?
Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued.
The current stock price of 円1,714.00 is trading 32.2% above its estimated GF Value™ of 円1,296.66.
GuruFocus considers Toa (Electric Appliances) to be Significantly Overvalued.
Key valuation signals for TSE:6809:
Intangible Assets: 円2,360 Mil
GF Value™: 円1,296.66 vs. price of 円1,714.00 (32.2% above fair value)
No single metric tells the full story. See the TSE:6809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
77GF Score
Get the complete analysis for TSE:6809
Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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