Hard Off Co (TSE:2674) Moat Score: 0/10 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2674 Hard Off Corporation Co Ltd TSE:2674
76 GF Score
Price 円2,659.00
GF Value 円2,363.18
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hard Off Co Moat Score?

Hard Off Co has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Hard Off Co has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hard Off Co might have No Moat - No discernible moat.

Hard Off Co  (TSE:2674) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hard Off Co Moat Score Related Terms

TSE:2674
76GF Score
Hard Off Corporation Co Ltd TSE:2674
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Hard Off Co (TSE:2674) Overvalued in 2026?

Based on GuruFocus' analysis, Hard Off Co stock appears to be overvalued. The current stock price of 円2,659.00 is trading 12.5% above its estimated GF Value™ of 円2,363.18. GuruFocus considers Hard Off Co to be Modestly Overvalued.

Key valuation signals for TSE:2674:

  • Moat Score: 0
  • GF Value™: 円2,363.18 vs. price of 円2,659.00 (12.5% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the TSE:2674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hard Off Co Business Description

Address 3-1-13 Shin-Eicho, Shibata-shi, Niigata, JPN, 957-0063
Hard Off Corporation Co Ltd is a Japan-based company engaged in the reuse business. Its business activities include the purchase of used and unnecessary items from the customers, carry out repair, maintenance, inspection, and cleaning and sell to the customers. Products offered by the Hard Off Corporation include a personal computer, musical instruments, furniture, clothing for men; women; and children, trading cards, game, plastic model, toy, car supplies, bags and accessories, books, wine, champagne, beer, sake and shochu.
76GF Score

Get the complete analysis for TSE:2674

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

円2,659.00
Price
円2,363.18
GF Value