TRaaS On Product (TSE:6696) Property, Plant and Equipment: 円11.7 Mil (As of Jan. 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:6696 TRaaS On Product Inc TSE:6696
50 GF Score
Price 円281.00
GF Value 円486.72
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is TRaaS On Product Property, Plant and Equipment?

TRaaS On Product TSE:6696 +0.36% 50 Property, Plant and Equipment is 円11.7 Mil as of Jan. 2026. GuruFocus rates TSE:6696 with a GF Score™ of 50/100 and a GF Value™ of 円486.72 (Possible Value Trap). The stock has 2 warning signs investors should review.

TRaaS On Product's quarterly net PPE increased from Jul. 2025 (円13.1 Mil) to Oct. 2025 (円13.3 Mil) but then declined from Oct. 2025 (円13.3 Mil) to Jan. 2026 (円11.7 Mil).

TRaaS On Product's annual net PPE declined from Jan. 2024 (円18.2 Mil) to Jan. 2025 (円14.3 Mil) and declined from Jan. 2025 (円14.3 Mil) to Jan. 2026 (円11.7 Mil).


TRaaS On Product  (TSE:6696) 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.


TRaaS On Product Property, Plant and Equipment Related Terms


TRaaS On Product Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for TRaaS On Product'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.

TRaaS On Product Property, Plant and Equipment Chart

TRaaS On Product Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 2.04 18.18 14.29 11.70

TRaaS On Product Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Property, Plant and Equipment 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 13.79 13.11 13.27 11.70 10.62
TSE:6696
50GF Score
TRaaS On Product Inc TSE:6696
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRaaS On Product 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11.7 Mil mean?
TRaaS On Product (TSE:6696) has a Property, Plant and Equipment of 円11.7 Mil as of Jan. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on TRaaS On Product and its competitors.
Is TRaaS On Product's Property, Plant and Equipment too high?
TRaaS On Product's current Property, Plant and Equipment is 円11.7 Mil. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's Property, Plant and Equipment compare to CSCO and MSI?
TRaaS On Product's Property, Plant and Equipment of 円11.7 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Property, Plant and Equipment depends on the Hardware 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 TRaaS On Product and its competitors. TRaaS On Product's current Property, Plant and Equipment is 円11.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円486.72, compared to a current price of 円281.00 — trading 42.3% below its estimated fair value. The current Property, Plant and Equipment is 円11.7 Mil. TRaaS On Product's overall GF Score™ is 50/100 with 2 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 TRaaS On Product (TSE:6696), the current Property, Plant and Equipment is 円11.7 Mil as of Jan. 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 TRaaS On Product (TSE:6696) Overvalued in 2026?

Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued. The current stock price of 円281.00 is trading 42.3% below its estimated GF Value™ of 円486.72. GuruFocus considers TRaaS On Product to be Possible Value Trap.

Key valuation signals for TSE:6696:

  • Property, Plant and Equipment: 円11.7 Mil
  • GF Value™: 円486.72 vs. price of 円281.00 (42.3% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRaaS On Product Business Description

Address 2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score

Get the complete analysis for TSE:6696

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

円281.00
Price
円486.72
GF Value