Aiming (TSE:3911) Net-Net Working Capital: 円92.48 (As of Jun. 2026)

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TSE:3911 Aiming Inc TSE:3911
59 GF Score
Price 円172.00
GF Value 円169.69
Valuation Fairly Valued
! 4 Warning Signs
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What is Aiming Net-Net Working Capital?

Aiming TSE:3911 -2.27% 59 Net-Net Working Capital is 円92.48 as of Jun. 2026. GuruFocus rates TSE:3911 with a GF Score™ of 59/100 and a GF Value™ of 円169.69 (Fairly Valued). The stock has 4 warning signs investors should review. Among 288 Interactive Media companies, Aiming ranks better than 80.9% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Aiming's Net-Net Working Capital for the quarter that ended in Jun. 2026 was 円92.48.

The industry rank for Aiming's Net-Net Working Capital or its related term are showing as below:

TSE:3911's Price-to-Net-Net-Working-Capital is ranked better than
80.9% of 288 companies
in the Interactive Media industry
Industry Median: 4.915 vs TSE:3911: 1.85

Aiming  (TSE:3911) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Aiming Net-Net Working Capital Related Terms


Aiming Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Aiming's Net-Net Working Capital 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.

Aiming Net-Net Working Capital Chart

Aiming Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.79 96.68 38.79 58.21 48.52

Aiming Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net-Net Working Capital 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 77.61 86.03 48.52 100.25 92.48

TSE:3911 vs NTES, TTWO, RBLX: Net-Net Working Capital Comparison

For the Electronic Gaming & Multimedia subindustry, Aiming's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aiming Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Aiming's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Aiming's Price-to-Net-Net-Working-Capital falls into.


TSE:3911
59GF Score
Aiming Inc TSE:3911
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aiming Net-Net Working Capital Calculation

Aiming's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5498.628+0.75 * 1397.33+0.5 * 81.767-4302.925
-0-20.313)/46.6682
=48.52

Aiming's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5618.095+0.75 * 1887.324+0.5 * 52.552-2746.628
-0--2.51)/46.6682
=92.48

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of 円92.48 mean?
Aiming (TSE:3911) has a Net-Net Working Capital of 円92.48 as of Jun. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Aiming According to the industry distribution chart, Aiming ranks #55 out of 288 companies in the Interactive Media industry, placing it in the top 19.1%.
Is Aiming's Net-Net Working Capital too high?
Aiming's current Net-Net Working Capital is 円92.48. Based on the distribution chart, Aiming ranks #55 out of 288 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Aiming has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aiming's Net-Net Working Capital compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Aiming ranks #55 out of 288 companies for Net-Net Working Capital. This places Aiming in the top 19% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 4.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.92, based on 288 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Aiming For the Interactive Media industry, the median Net-Net Working Capital is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aiming's current Net-Net Working Capital is 円92.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aiming stock overvalued right now?
Based on GuruFocus' analysis, Aiming (TSE:3911) is currently considered Fairly Valued. The stock's GF Value™ is 円169.69, compared to a current price of 円172.00 — trading 1.4% above its estimated fair value. The current Net-Net Working Capital is 円92.48. Aiming's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Aiming (TSE:3911), the current Net-Net Working Capital is 円92.48 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 Aiming (TSE:3911) Overvalued in 2026?

Based on GuruFocus' analysis, Aiming stock appears to be overvalued. The current stock price of 円172.00 is trading 1.4% above its estimated GF Value™ of 円169.69. GuruFocus considers Aiming to be Fairly Valued.

Key valuation signals for TSE:3911:

  • Net-Net Working Capital: 円92.48
  • GF Value™: 円169.69 vs. price of 円172.00 (1.4% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:3911 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aiming Business Description

Address 5-31-11 Sendagaya, 5th Floor, Sumitomo Fudosan Shinjuku South Exit Building, Shibuya-ku, Tokyo, JPN, 151-005
Aiming Inc engages in the online game business. It develops and operates social games intended for smartphones, and the applications are distributed through different platforms. It also provides game licenses held by the Group to other distributors. The company's products include Inazuma Eleven Cross, Power Pro Adventures, WIND BREAKER: A Heroic Tale of Delinquents, Legend of the Galactic Heroes: Die Neue Saga, etc. It operates in a single segment, "Online Game Business," which is broadly divided into two categories: i) Online game distribution services and ii) Online game production/operation outsourcing services.
59GF Score

Get the complete analysis for TSE:3911

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

円172.00
Price
円169.69
GF Value