TOYOKOH (TSE:341A) ROA %: 7.90% (As of Mar. 2026) — 522% Above Median

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:341A TOYOKOH Inc TSE:341A
9 GF Score
Price 円1,929.00
! 5 Warning Signs
View Full Analysis

What is TOYOKOH ROA %?

TOYOKOH TSE:341A -0.46% 9 ROA % is 7.90% as of Mar. 2026, which is 522% above its 10-year median of 1.27. GuruFocus rates TSE:341A with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 1,783 Construction companies, TOYOKOH ranks better than 91.31% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TOYOKOH's annualized Net Income for the quarter that ended in Mar. 2026 was 円409 Mil. TOYOKOH's average Total Assets over the quarter that ended in Mar. 2026 was 円5,182 Mil. Therefore, TOYOKOH's annualized ROA % for the quarter that ended in Mar. 2026 was 7.90%.

The historical rank and industry rank for TOYOKOH's ROA % or its related term are showing as below:

TSE:341A' s ROA % Range Over the Past 10 Years
Min: -9.7   Med: 1.27   Max: 11.92
Current: 11.58

During the past 4 years, TOYOKOH's highest ROA % was 11.92%. The lowest was -9.70%. And the median was 1.27%.

TSE:341A's ROA % is ranked better than
91.31% of 1783 companies
in the Construction industry
Industry Median: 2.87 vs TSE:341A: 11.58

TOYOKOH  (TSE:341A) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=409.226/5182.05
=(Net Income / Revenue)*(Revenue / Total Assets)
=(409.226 / 2997.76)*(2997.76 / 5182.05)
=Net Margin %*Asset Turnover
=13.65 %*0.5785
=7.90 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


TOYOKOH ROA % Related Terms


TOYOKOH ROA % Historical Data

* Premium members only.

The historical data trend for TOYOKOH's ROA % 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.

TOYOKOH ROA % Chart

TOYOKOH Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROA %
-8.52 -9.70 11.05 11.92

TOYOKOH Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial 0.00 13.82 9.48 15.52 7.90

TSE:341A vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, TOYOKOH's ROA %, along with its competitors' market caps and ROA % 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.


TOYOKOH ROA % vs Construction Industry

For the Construction industry and Industrials sector, TOYOKOH's ROA % distribution charts can be found below:

* The bar in red indicates where TOYOKOH's ROA % falls into.


TSE:341A
9GF Score
TOYOKOH Inc TSE:341A
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOYOKOH ROA % Calculation

TOYOKOH's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=550.348/( (3889.861+5341.373)/ 2 )
=550.348/4615.617
=11.92 %

TOYOKOH's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=409.226/( (5022.727+5341.373)/ 2 )
=409.226/5182.05
=7.90 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 7.90% mean?
TOYOKOH (TSE:341A) has a ROA % of 7.90% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TOYOKOH and its competitors. This is 522% above median its historical median of 1.27. According to the industry distribution chart, TOYOKOH ranks #155 out of 1783 companies in the Construction industry, placing it in the top 8.7%.
Is TOYOKOH's ROA % too high?
TOYOKOH's current ROA % of 7.90% is 522% above median its 10-year median of 1.27. The Construction industry median ROA % is 2.87. TOYOKOH's value of 7.90% is 175.3% above this industry median. Based on the distribution chart, TOYOKOH ranks #155 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TOYOKOH has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does TOYOKOH's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, TOYOKOH ranks #155 out of 1783 companies for ROA %. This places TOYOKOH in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 2.87. TOYOKOH's value of 7.90% is 175.3% above this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 2.87, TOYOKOH 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 ROA % for a Construction company?
The median ROA % among Construction companies is 2.87, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TOYOKOH's current ROA % of 7.90% is 175.3% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on TOYOKOH and its competitors. For the Construction industry, the median ROA % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOYOKOH's current ROA % is 7.90%, which is 522% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOYOKOH stock overvalued right now?
TOYOKOH (TSE:341A) has a current ROA % of 7.90%. The current ROA % is 7.90%, which is 522% above median its 10-year median of 1.27 and 175.3% above the Construction industry median of 2.87. TOYOKOH's overall GF Score™ is 9/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For TOYOKOH (TSE:341A), the current ROA % is 7.90% 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.

TOYOKOH Business Description

Address 39 Aoshimacho, Shizuoka, Fuji, JPN, 417-0047
TOYOKOH Inc is engaged in Manufacturing and sales business of CoolLaser, which removes rust, paint film, etc. from aging infrastructure using a laser. SOSEI project to revive a roof by spray coating three layers of special resin.
9GF Score

Get the complete analysis for TSE:341A

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

円1,929.00
Price