RION Co (TSE:6823) Property, Plant and Equipment: 円12,032 Mil (As of Mar. 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:6823 RION Co Ltd TSE:6823
91 GF Score
Price 円3,425.00
GF Value 円2,679.74
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is RION Co Property, Plant and Equipment?

RION Co TSE:6823 -0.44% 91 Property, Plant and Equipment is 円12,032 Mil as of Mar. 2026. GuruFocus rates TSE:6823 with a GF Score™ of 91/100 and a GF Value™ of 円2,679.74 (Modestly Overvalued). The stock has 1 warning sign investors should review.

RION Co's quarterly net PPE declined from Sep. 2025 (円11,597 Mil) to Dec. 2025 (円11,495 Mil) but then increased from Dec. 2025 (円11,495 Mil) to Mar. 2026 (円12,032 Mil).

RION Co's annual net PPE declined from Mar. 2024 (円11,678 Mil) to Mar. 2025 (円11,623 Mil) but then increased from Mar. 2025 (円11,623 Mil) to Mar. 2026 (円12,032 Mil).


RION Co  (TSE:6823) 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.


RION Co Property, Plant and Equipment Related Terms


RION Co Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for RION 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.

RION Co Property, Plant and Equipment Chart

RION Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,622.55 10,343.88 11,677.70 11,623.00 12,031.83

RION Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11,623.00 11,740.89 11,597.46 11,494.69 12,031.83
TSE:6823
91GF Score
RION Co Ltd TSE:6823
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RION 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12,032 Mil mean?
RION Co (TSE:6823) has a Property, Plant and Equipment of 円12,032 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 RION Co and its competitors.
Is RION Co's Property, Plant and Equipment too high?
RION Co's current Property, Plant and Equipment is 円12,032 Mil. Overall, RION Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RION Co's Property, Plant and Equipment compare to ABT and SYK?
RION Co's Property, Plant and Equipment of 円12,032 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Property, Plant and Equipment depends on the Medical Devices & Instruments 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 RION Co and its competitors. RION Co's current Property, Plant and Equipment is 円12,032 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RION Co stock overvalued right now?
Based on GuruFocus' analysis, RION Co (TSE:6823) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,679.74, compared to a current price of 円3,425.00 — trading 27.8% above its estimated fair value. The current Property, Plant and Equipment is 円12,032 Mil. RION Co's overall GF Score™ is 91/100 with 1 warning sign 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 RION Co (TSE:6823), the current Property, Plant and Equipment is 円12,032 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.

Is RION Co (TSE:6823) Overvalued in 2026?

Based on GuruFocus' analysis, RION Co stock appears to be overvalued. The current stock price of 円3,425.00 is trading 27.8% above its estimated GF Value™ of 円2,679.74. GuruFocus considers RION Co to be Modestly Overvalued.

Key valuation signals for TSE:6823:

  • Property, Plant and Equipment: 円12,032 Mil
  • GF Value™: 円2,679.74 vs. price of 円3,425.00 (27.8% above fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the TSE:6823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RION Co Business Description

Other Exchanges G73:Germany
Address 3-20-41 Higashimotomachi, Kokubunji, Tokyo, JPN, 185-8533
RION Co Ltd is engaged in manufacturing and selling of maintenance services of a medical device. The company offers hearing instruments and medical equipment, an environmental device including sound and vibration measuring instruments and particle counters and parts and equipment.
91GF Score

Get the complete analysis for TSE:6823

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

円3,425.00
Price
円2,679.74
GF Value