CRI Middleware Co (TSE:3698) ROA %: 8.33% (As of Mar. 2026) — 41% Above Median


TSE:3698 CRI Middleware Co Ltd TSE:3698
88 GF Score
Price 円1,202.00
GF Value 円1,145.47
Valuation Fairly Valued
! 1 Warning Sign
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What is CRI Middleware Co ROA %?

CRI Middleware Co TSE:3698 +1.01% 88 ROA % is 8.33% as of Mar. 2026, which is 41% above its 10-year median of 5.89. GuruFocus rates TSE:3698 with a GF Score™ of 88/100 and a GF Value™ of 円1,145.47 (Fairly Valued). The stock has 1 warning sign investors should review. Among 568 Interactive Media companies, CRI Middleware Co ranks better than 71.3% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CRI Middleware Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円445 Mil. CRI Middleware Co's average Total Assets over the quarter that ended in Mar. 2026 was 円5,340 Mil. Therefore, CRI Middleware Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.33%.

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

TSE:3698' s ROA % Range Over the Past 10 Years
Min: -6.44   Med: 5.89   Max: 9.72
Current: 6.79

During the past 13 years, CRI Middleware Co's highest ROA % was 9.72%. The lowest was -6.44%. And the median was 5.89%.

TSE:3698's ROA % is ranked better than
71.3% of 568 companies
in the Interactive Media industry
Industry Median: 0.62 vs TSE:3698: 6.79

CRI Middleware Co  (TSE:3698) 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
=444.796/5340.135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(444.796 / 3698.094)*(3698.094 / 5340.135)
=Net Margin %*Asset Turnover
=12.03 %*0.6925
=8.33 %

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.


CRI Middleware Co ROA % Related Terms


CRI Middleware Co ROA % Historical Data

* Premium members only.

The historical data trend for CRI Middleware Co'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.

CRI Middleware Co ROA % Chart

CRI Middleware Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.71 -6.44 4.57 5.79 7.51

CRI Middleware Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % 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 5.86 5.74 9.78 5.15 8.33

TSE:3698 vs NTES, EA, TTWO: ROA % Comparison

For the Electronic Gaming & Multimedia subindustry, CRI Middleware Co'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.


CRI Middleware Co ROA % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CRI Middleware Co's ROA % distribution charts can be found below:

* The bar in red indicates where CRI Middleware Co's ROA % falls into.


TSE:3698
88GF Score
CRI Middleware Co Ltd TSE:3698
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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CRI Middleware Co ROA % Calculation

CRI Middleware Co's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=420.71/( (5360.2+5839.834)/ 2 )
=420.71/5600.017
=7.51 %

CRI Middleware Co'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 )
=444.796/( (5839.834+4840.436)/ 2 )
=444.796/5340.135
=8.33 %

* 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 8.33% mean?
CRI Middleware Co (TSE:3698) has a ROA % of 8.33% 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 CRI Middleware Co and its competitors. This is 41% above median its historical median of 5.89. According to the industry distribution chart, CRI Middleware Co ranks #163 out of 568 companies in the Interactive Media industry, placing it in the top 28.7%.
Is CRI Middleware Co's ROA % too high?
CRI Middleware Co's current ROA % of 8.33% is 41% above median its 10-year median of 5.89. The Interactive Media industry median ROA % is 0.62. CRI Middleware Co's value of 8.33% is 1243.5% above this industry median. Based on the distribution chart, CRI Middleware Co ranks #163 out of 568 companies in the Interactive Media industry, which is above the industry midpoint. Overall, CRI Middleware Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRI Middleware Co's ROA % compare to NTES and EA?
According to the Interactive Media industry distribution chart, CRI Middleware Co ranks #163 out of 568 companies for ROA %. This puts CRI Middleware Co in the upper half of its industry. The industry median ROA % is 0.62. CRI Middleware Co's value of 8.33% is 1243.5% above this benchmark. While the company's 10-year median is 5.89 vs. the industry median of 0.62, CRI Middleware Co 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 an Interactive Media company?
The median ROA % among Interactive Media companies is 0.62, based on 568 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. CRI Middleware Co's current ROA % of 8.33% is 1243.5% 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 CRI Middleware Co and its competitors. For the Interactive Media industry, the median ROA % is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRI Middleware Co's current ROA % is 8.33%, which is 41% above median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRI Middleware Co stock overvalued right now?
Based on GuruFocus' analysis, CRI Middleware Co (TSE:3698) is currently considered Fairly Valued. The stock's GF Value™ is 円1,145.47, compared to a current price of 円1,202.00 — trading 4.9% above its estimated fair value. The current ROA % is 8.33%, which is 41% above median its 10-year median of 5.89 and 1243.5% above the Interactive Media industry median of 0.62. CRI Middleware Co's overall GF Score™ is 88/100 with 1 warning sign 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 CRI Middleware Co (TSE:3698), the current ROA % is 8.33% 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 CRI Middleware Co (TSE:3698) Overvalued in 2026?

Based on GuruFocus' analysis, CRI Middleware Co stock appears to be overvalued. The current stock price of 円1,202.00 is trading 4.9% above its estimated GF Value™ of 円1,145.47. GuruFocus considers CRI Middleware Co to be Fairly Valued.

Key valuation signals for TSE:3698:

  • ROA %: 8.33% (41% above median its 10-year median of 5.89)
  • GF Value™: 円1,145.47 vs. price of 円1,202.00 (4.9% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 1243.5% above the Interactive Media median (#163 of 568)

No single metric tells the full story. See the TSE:3698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRI Middleware Co Business Description

Address 20-1 Sakuragaoka-cho, 11th Floor, Shibuya Info Tower, Shibuya-ku, Tokyo, JPN, 150-0031
CRI Middleware Co Ltd is a provider of audio and video solutions for the gaming industry. It is engaged in the research and development of voice, video and file systems. Further, it also provides sales and support of middleware products. Geographically, the activities are carried out through the region of Japan.
88GF Score

Get the complete analysis for TSE:3698

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

円1,202.00
Price
円1,145.47
GF Value