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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Mitsui Fudosan Retail Fund Investment's intangible assets for the quarter that ended in Jun. 2026 was 円1,661 Mil.
Mitsui Fudosan Retail Fund Investment (TSE:8964) 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.
Mitsui Fudosan Retail Fund Investment Intangible Assets Related Terms
Mitsui Fudosan Retail Fund Investment 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.
Mitsui Fudosan Retail Fund Investment Intangible Assets Chart
Mitsui Fudosan Retail Fund Investment 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.
Mitsui Fudosan Retail Fund Investment (TSE:8964) has a Intangible Assets of 円1,661 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors.
Is Mitsui Fudosan Retail Fund Investment's Intangible Assets too high?
Mitsui Fudosan Retail Fund Investment's current Intangible Assets is 円1,661 Mil. Overall, Mitsui Fudosan Retail Fund Investment has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Retail Fund Investment's Intangible Assets compare to SPG and O?
Mitsui Fudosan Retail Fund Investment's Intangible Assets of 円1,661 Mil can be compared against companies in the REITs 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 REITs company?
A good Intangible Assets depends on the REITs 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 Mitsui Fudosan Retail Fund Investment and its competitors. Mitsui Fudosan Retail Fund Investment's current Intangible Assets is 円1,661 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Retail Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment (TSE:8964) is currently considered Modestly Undervalued. The stock's GF Value™ is 円89,707.72, compared to a current price of 円75,800.00 — trading 15.5% below its estimated fair value. The current Intangible Assets is 円1,661 Mil. Mitsui Fudosan Retail Fund Investment's overall GF Score™ is 55/100 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 Mitsui Fudosan Retail Fund Investment (TSE:8964), the current Intangible Assets is 円1,661 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 Mitsui Fudosan Retail Fund Investment (TSE:8964) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment stock appears to be undervalued.
The current stock price of 円75,800.00 is trading 15.5% below its estimated GF Value™ of 円89,707.72.
GuruFocus considers Mitsui Fudosan Retail Fund Investment to be Modestly Undervalued.
Key valuation signals for TSE:8964:
Intangible Assets: 円1,661 Mil
GF Value™: 円89,707.72 vs. price of 円75,800.00 (15.5% below fair value)
No single metric tells the full story. See the TSE:8964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frontier Real Estate Investment Corp is a real estate investment trust specializing in retail facilities. The company mainly invests in commercial buildings in the metropolitan area and local cities. The company aims at stable earnings and steady asset growth from midterm to long-term perspectives. Its property portfolio consists of AEON Shinagawa Seaside Shopping Center, AEON MALL Ibaraki, Papillon Plaza, Kamiikedai Tokyu Store, and Belltown Tambaguchi Eki-mae Store, among others.
55GF 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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