Taiyo Bussan Kaisha (TSE:9941) Return-on-Tangible-Equity: 17.21% (As of Mar. 2026) — Near Median

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TSE:9941 Taiyo Bussan Kaisha Ltd TSE:9941
49 GF Score
Price 円1,401.00
GF Value 円856.63
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Taiyo Bussan Kaisha Return-on-Tangible-Equity?

Taiyo Bussan Kaisha TSE:9941 -9.09% 49 Return-on-Tangible-Equity is 17.21% as of Mar. 2026, which is 2% above its 10-year median of 16.90. GuruFocus rates TSE:9941 with a GF Score™ of 49/100 and a GF Value™ of 円856.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 301 Retail - Defensive companies, Taiyo Bussan Kaisha ranks better than 61.46% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Taiyo Bussan Kaisha's annualized net income for the quarter that ended in Mar. 2026 was 円177 Mil. Taiyo Bussan Kaisha's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円1,030 Mil. Therefore, Taiyo Bussan Kaisha's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.21%.

The historical rank and industry rank for Taiyo Bussan Kaisha's Return-on-Tangible-Equity or its related term are showing as below:

TSE:9941' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1732.45   Med: 16.9   Max: 258.82
Current: 15.93

During the past 13 years, Taiyo Bussan Kaisha's highest Return-on-Tangible-Equity was 258.82%. The lowest was -1,732.45%. And the median was 16.90%.

TSE:9941's Return-on-Tangible-Equity is ranked better than
61.46% of 301 companies
in the Retail - Defensive industry
Industry Median: 10.96 vs TSE:9941: 15.93

Taiyo Bussan Kaisha  (TSE:9941) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Taiyo Bussan Kaisha Return-on-Tangible-Equity Related Terms


Taiyo Bussan Kaisha Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Taiyo Bussan Kaisha's Return-on-Tangible-Equity 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.

Taiyo Bussan Kaisha Return-on-Tangible-Equity Chart

Taiyo Bussan Kaisha Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 40.13 18.68 22.15 16.90

Taiyo Bussan Kaisha Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity 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 16.88 26.85 19.12 14.61 17.21

TSE:9941 vs SYY, USFD, PFGC: Return-on-Tangible-Equity Comparison

For the Food Distribution subindustry, Taiyo Bussan Kaisha's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Taiyo Bussan Kaisha Return-on-Tangible-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Taiyo Bussan Kaisha's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Taiyo Bussan Kaisha's Return-on-Tangible-Equity falls into.


TSE:9941
49GF Score
Taiyo Bussan Kaisha Ltd TSE:9941
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiyo Bussan Kaisha Return-on-Tangible-Equity Calculation

Taiyo Bussan Kaisha's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=148.725/( (785.021+975.484 )/ 2 )
=148.725/880.2525
=16.90 %

Taiyo Bussan Kaisha's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=177.184/( (975.484+1083.853)/ 2 )
=177.184/1029.6685
=17.21 %

* 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 the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 17.21% mean?
Taiyo Bussan Kaisha (TSE:9941) has a Return-on-Tangible-Equity of 17.21% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taiyo Bussan Kaisha and its competitors. This is near median its historical median of 16.90. According to the industry distribution chart, Taiyo Bussan Kaisha ranks #116 out of 301 companies in the Retail - Defensive industry, placing it in the top 38.5%.
Is Taiyo Bussan Kaisha's Return-on-Tangible-Equity too high?
Taiyo Bussan Kaisha's current Return-on-Tangible-Equity of 17.21% is near median its 10-year median of 16.90. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.96. Taiyo Bussan Kaisha's value of 17.21% is 57% above this industry median. Based on the distribution chart, Taiyo Bussan Kaisha ranks #116 out of 301 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Taiyo Bussan Kaisha has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Bussan Kaisha's Return-on-Tangible-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Taiyo Bussan Kaisha ranks #116 out of 301 companies for Return-on-Tangible-Equity. This puts Taiyo Bussan Kaisha in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.96. Taiyo Bussan Kaisha's value of 17.21% is 57% above this benchmark. While the company's 10-year median is 16.90 vs. the industry median of 10.96, Taiyo Bussan Kaisha has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.96, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiyo Bussan Kaisha's current Return-on-Tangible-Equity of 17.21% is 57% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taiyo Bussan Kaisha and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Bussan Kaisha's current Return-on-Tangible-Equity is 17.21%, which is near median its own 10-year median of 16.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Bussan Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Bussan Kaisha (TSE:9941) is currently considered Significantly Overvalued. The stock's GF Value™ is 円856.63, compared to a current price of 円1,401.00 — trading 63.5% above its estimated fair value. The current Return-on-Tangible-Equity is 17.21%, which is near median its 10-year median of 16.90 and 57% above the Retail - Defensive industry median of 10.96. Taiyo Bussan Kaisha's overall GF Score™ is 49/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Taiyo Bussan Kaisha (TSE:9941), the current Return-on-Tangible-Equity is 17.21% 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 Taiyo Bussan Kaisha (TSE:9941) Overvalued in 2026?

Based on GuruFocus' analysis, Taiyo Bussan Kaisha stock appears to be overvalued. The current stock price of 円1,401.00 is trading 63.5% above its estimated GF Value™ of 円856.63. GuruFocus considers Taiyo Bussan Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:9941:

  • Return-on-Tangible-Equity: 17.21% (near median its 10-year median of 16.90)
  • GF Value™: 円856.63 vs. price of 円1,401.00 (63.5% above fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 57% above the Retail - Defensive median (#116 of 301)

No single metric tells the full story. See the TSE:9941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiyo Bussan Kaisha Business Description

Address SHIMOMOTO Building, 3rd Floor, 1-46-3 Hatsudai Shibuya-ku, Tokyo, JPN, 151-0061
Taiyo Bussan Kaisha Ltd is engaged in the import and export of living materials, industrial materials, food products, and agricultural products. Its product includes soybeans meal, peanuts, rice, wheat, corn, sewn products and clothing accessories, vegetables and fruits, processed foods, equipment for water disposal, industrial machine parts.
49GF Score

Get the complete analysis for TSE:9941

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,401.00
Price
円856.63
GF Value