ASNOVA Co (NGO:9223) Property, Plant and Equipment: 円7,643 Mil (As of Mar. 2026)

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NGO:9223 ASNOVA Co Ltd NGO:9223
18 GF Score
Price 円396.00
! 7 Warning Signs
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What is ASNOVA Co Property, Plant and Equipment?

ASNOVA Co NGO:9223 18 Property, Plant and Equipment is 円7,643 Mil as of Mar. 2026. GuruFocus rates NGO:9223 with a GF Score™ of 18/100. The stock has 7 warning signs investors should review.

ASNOVA Co's quarterly net PPE declined from Mar. 2025 (円8,520 Mil) to Sep. 2025 (円8,491 Mil) and declined from Sep. 2025 (円8,491 Mil) to Mar. 2026 (円7,643 Mil).

ASNOVA Co's annual net PPE increased from Mar. 2024 (円7,405 Mil) to Mar. 2025 (円8,520 Mil) but then declined from Mar. 2025 (円8,520 Mil) to Mar. 2026 (円7,643 Mil).


ASNOVA Co  (NGO:9223) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


ASNOVA Co Property, Plant and Equipment Related Terms


ASNOVA Co Property, Plant and Equipment Historical Data

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The historical data trend for ASNOVA Co's Property, Plant and Equipment 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.

ASNOVA Co Property, Plant and Equipment Chart

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Property, Plant and Equipment
Get a 7-Day Free Trial 4,233.31 5,678.65 7,404.84 8,520.17 7,642.72

ASNOVA Co Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7,404.84 8,922.10 8,520.17 8,490.96 7,642.72
NGO:9223
18GF Score
ASNOVA Co Ltd NGO:9223
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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ASNOVA Co Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of 円7,643 Mil mean?
ASNOVA Co (NGO:9223) has a Property, Plant and Equipment of 円7,643 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on ASNOVA Co and its competitors.
Is ASNOVA Co's Property, Plant and Equipment too high?
ASNOVA Co's current Property, Plant and Equipment is 円7,643 Mil. Overall, ASNOVA Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's Property, Plant and Equipment compare to URI and SUNB?
ASNOVA Co's Property, Plant and Equipment of 円7,643 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 Property, Plant and Equipment for a Business Services company?
A good Property, Plant and Equipment depends on the Business Services industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on ASNOVA Co and its competitors. ASNOVA Co's current Property, Plant and Equipment is 円7,643 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (NGO:9223) has a current Property, Plant and Equipment of 円7,643 Mil. The current Property, Plant and Equipment is 円7,643 Mil. ASNOVA Co's overall GF Score™ is 18/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For ASNOVA Co (NGO:9223), the current Property, Plant and Equipment is 円7,643 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.

ASNOVA Co Business Description

Other Exchanges 9223:Japan
Address 4-60-12 Hiraike-cho, 26th Floor, Global Gate, Nakamura-ku, Aichi Prefecture, Nagoya, JPN, 453-6126
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
18GF Score

Get the complete analysis for NGO:9223

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

円396.00
Price